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 |
|