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
|
1.25
%
|
1.25
%
|
1.25
%
|
1.25
%
|
1.25
%
|
1.25
%
|
Distribution and/or Service (12b-1) Fees
|
0.25
|
1.00
|
0.50
|
None
|
None
|
None
|
Deferred Income Tax Expense2
|
4.09
|
4.09
|
4.09
|
4.09
|
4.09
|
4.09
|
Other Expenses
|
0.35
|
0.35
|
0.35
|
0.35
|
0.27
|
0.27
|
Interest
|
2.12
|
2.12
|
2.12
|
2.12
|
2.12
|
2.12
|
Total Other Expenses
|
6.56
|
6.56
|
6.56
|
6.56
|
6.48
|
6.48
|
Total Annual Fund Operating Expenses
|
8.06
|
8.81
|
8.31
|
7.81
|
7.73
|
7.73
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|
Class A
|
$1,300
|
$2,732
|
$4,077
|
$7,097
|
Class C
|
$964
|
$2,495
|
$4,004
|
$7,204
|
Class R
|
$817
|
$2,371
|
$3,825
|
$7,057
|
Class Y
|
$770
|
$2,246
|
$3,640
|
$6,796
|
Class R5
|
$762
|
$2,225
|
$3,610
|
$6,753
|
Class R6
|
$762
|
$2,225
|
$3,610
|
$6,753
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|
Class A
|
$1,300
|
$2,732
|
$4,077
|
$7,097
|
Class C
|
$864
|
$2,495
|
$4,004
|
$7,204
|
Class R
|
$817
|
$2,371
|
$3,825
|
$7,057
|
Class Y
|
$770
|
$2,246
|
$3,640
|
$6,796
|
Class R5
|
$762
|
$2,225
|
$3,610
|
$6,753
|
Class R6
|
$762
|
$2,225
|
$3,610
|
$6,753
|
Class Y
|
Period Ended
|
Returns
|
Best Quarter
|
June 30, 2020
|
65.88%
|
Worst Quarter
|
March 31, 2020
|
-69.72%
|
Inception
Date
|
1
Year
|
5
Years
|
10
Years
|
|
Class Y
|
||||
Return Before Taxes
|
12/30/2011
|
25.29
%
|
11.05
%
|
-0.06
%
|
Return After Taxes on Distributions
|
22.22
|
7.35
|
-2.25
|
|
Return After Taxes on Distributions and Sale of
Fund Shares
|
14.77
|
6.70
|
-1.14
|
|
Class A
|
2/6/2012
|
18.24
|
9.49
|
-0.87
|
Class C
|
5/22/2012
|
22.88
|
9.93
|
-0.86
|
Class R
|
5/24/2019
|
24.73
|
10.47
1
|
-0.55
1
|
Class R5
|
5/24/2019
|
25.50
|
11.08
1
|
-0.16
1
|
Class R6
|
6/28/2013
|
25.48
|
11.24
|
0.12
|
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 2011)
|
Brian Watson, CFA
|
Portfolio Manager
|
2019 (predecessor fund 2011)
|
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
|