03/28/2024 | Press release | Distributed by Public on 03/28/2024 06:32
Summary Prospectus
|
March 28, 2024
|
Class:
|
A
|
C
|
R
|
Y
|
R5
|
R6
|
Maximum Sales Charge (Load) Imposed on
Purchases (as a percentage of offering price)
|
5.50
%
|
None
|
None
|
None
|
None
|
None
|
Maximum Deferred Sales Charge (Load) (as a
percentage of original purchase price or
redemption proceeds, whichever is less)
|
None1
|
1.00
%
|
None
|
None
|
None
|
None
|
Class:
|
A
|
C
|
R
|
Y
|
R5
|
R6
|
Management Fees
|
1.10
%
|
1.10
%
|
1.10
%
|
1.10
%
|
1.10
%
|
1.10
%
|
Distribution and/or Service (12b-1) Fees
|
0.25
|
1.00
|
0.50
|
None
|
None
|
None
|
Deferred Income Tax Expense2
|
1.52
|
1.52
|
1.52
|
1.52
|
1.52
|
1.52
|
Other Expenses
|
0.22
|
0.22
|
0.22
|
0.22
|
0.12
|
0.12
|
Interest
|
0.02
|
0.02
|
0.02
|
0.02
|
0.02
|
0.02
|
Total Other Expenses
|
1.76
|
1.76
|
1.76
|
1.76
|
1.66
|
1.66
|
Total Annual Fund Operating Expenses
|
3.11
|
3.86
|
3.36
|
2.86
|
2.76
|
2.76
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|
Class A
|
$847
|
$1,457
|
$2,091
|
$3,782
|
Class C
|
$488
|
$1,178
|
$1,986
|
$3,926
|
Class R
|
$339
|
$1,033
|
$1,750
|
$3,649
|
Class Y
|
$289
|
$886
|
$1,508
|
$3,185
|
Class R5
|
$279
|
$856
|
$1,459
|
$3,090
|
Class R6
|
$279
|
$856
|
$1,459
|
$3,090
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|
Class A
|
$847
|
$1,457
|
$2,091
|
$3,782
|
Class C
|
$388
|
$1,178
|
$1,986
|
$3,926
|
Class R
|
$339
|
$1,033
|
$1,750
|
$3,649
|
Class Y
|
$289
|
$886
|
$1,508
|
$3,185
|
Class R5
|
$279
|
$856
|
$1,459
|
$3,090
|
Class R6
|
$279
|
$856
|
$1,459
|
$3,090
|
Class A
|
Period Ended
|
Returns
|
Best Quarter
|
June 30, 2020
|
47.18%
|
Worst Quarter
|
March 31, 2020
|
-55.98%
|
Inception
Date
|
1
Year
|
5
Years
|
10
Years
|
|
Class A
|
||||
Return Before Taxes
|
3/31/2010
|
13.82
%
|
9.34
%
|
1.25
%
|
Return After Taxes on Distributions
|
10.92
|
6.48
|
-0.66
|
|
Return After Taxes on Distributions and Sale of Fund
Shares
|
8.01
|
5.85
|
0.05
|
|
Class C
|
8/25/2011
|
18.54
|
9.77
|
1.21
|
Class R
|
5/24/2019
|
19.97
|
10.26
1
|
1.54
1
|
Class Y
|
3/31/2010
|
20.45
|
10.85
|
2.07
|
Class R5
|
5/24/2019
|
20.76
|
10.86
1
|
1.94
1
|
Class R6
|
6/28/2013
|
20.76
|
10.96
|
2.16
|
Alerian MLP Index (reflects no deduction for fees,
expenses or taxes)
|
26.56
|
12.03
|
1.90
|
|
S&P 500® Index (reflects no deduction for fees,
expenses or taxes)
|
26.29
|
15.69
|
12.03
|
|
Portfolio Managers
|
Title
|
Length of Service on the Fund
|
Stuart Cartner
|
Portfolio Manager
|
2019 (predecessor fund 2010)
|
Brian Watson, CFA
|
Portfolio Manager
|
2019 (predecessor fund 2010)
|
Type of Account
|
Initial
Investment
Per Fund
|
Additional
Investments
Per Fund
|
Asset or fee-based accounts managed by your financial adviser
|
None
|
None
|
Employer Sponsored Retirement and Benefit Plans and
Employer Sponsored IRAs
|
None
|
None
|
IRAs and Coverdell ESAs if the new investor is purchasing
shares through a systematic purchase plan
|
$25
|
$25
|
All other types of accounts if the investor is purchasing shares
through a systematic purchase plan
|
50
|
50
|
IRAs and Coverdell ESAs
|
250
|
25
|
All other accounts
|
1,000
|
50
|