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
|
0.95
%
|
0.95
%
|
0.95
%
|
0.95
%
|
0.95
%
|
0.95
%
|
Distribution and/or Service (12b-1) Fees
|
0.25
|
1.00
|
0.50
|
None
|
None
|
None
|
Deferred Income Tax Expense2
|
5.16
|
5.16
|
5.16
|
5.16
|
5.16
|
5.16
|
Other Expenses
|
0.18
|
0.18
|
0.18
|
0.18
|
0.11
|
0.11
|
Interest
|
0.02
|
0.02
|
0.02
|
0.02
|
0.02
|
0.02
|
Total Other Expenses
|
5.36
|
5.36
|
5.36
|
5.36
|
5.29
|
5.29
|
Total Annual Fund Operating Expenses
|
6.56
|
7.31
|
6.81
|
6.31
|
6.24
|
6.24
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|
Class A
|
$1,165
|
$2,367
|
$3,531
|
$6,287
|
Class C
|
$823
|
$2,118
|
$3,450
|
$6,405
|
Class R
|
$675
|
$1,988
|
$3,254
|
$6,224
|
Class Y
|
$627
|
$1,856
|
$3,053
|
$5,912
|
Class R5
|
$620
|
$1,837
|
$3,025
|
$5,866
|
Class R6
|
$620
|
$1,837
|
$3,025
|
$5,866
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|
Class A
|
$1,165
|
$2,367
|
$3,531
|
$6,287
|
Class C
|
$723
|
$2,118
|
$3,450
|
$6,405
|
Class R
|
$675
|
$1,988
|
$3,254
|
$6,224
|
Class Y
|
$627
|
$1,856
|
$3,053
|
$5,912
|
Class R5
|
$620
|
$1,837
|
$3,025
|
$5,866
|
Class R6
|
$620
|
$1,837
|
$3,025
|
$5,866
|
Class A
|
Period Ended
|
Returns
|
Best Quarter
|
June 30, 2020
|
61.32%
|
Worst Quarter
|
March 31, 2020
|
-61.48%
|
Inception
Date
|
1
Year
|
5
Years
|
10
Years
|
|
Class A
|
||||
Return Before Taxes
|
3/31/2010
|
13.68
%
|
13.03
%
|
2.61
%
|
Return After Taxes on Distributions
|
9.94
|
9.54
|
0.46
|
|
Return After Taxes on Distributions and Sale of Fund
Shares
|
7.88
|
8.37
|
0.82
|
|
Class C
|
6/10/2011
|
18.42
|
13.50
|
2.60
|
Class R
|
5/24/2019
|
20.14
|
14.04
1
|
2.93
1
|
Class Y
|
3/31/2010
|
20.72
|
14.61
|
3.43
|
Class R5
|
5/24/2019
|
20.99
|
14.66
1
|
3.33
1
|
Class R6
|
6/28/2013
|
20.63
|
14.68
|
3.49
|
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
|