Shareholder Report
Apr. 30, 2026
USD ($)
Holding
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Class A | $ 41 | 0.81 % * |
*Annualized.
Key fund statistics
| Fund net assets (in millions) | $ 32,410 |
| Total number of portfolio holdings | 1,209 |
| Portfolio turnover rate including mortgage dollar roll transactions | 43 % |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 30 % |
Portfolio holdings by asset type
*
Less than 0.01%.†
Includes derivatives.Changes in and disagreements with accountants
On September 11, 2025, Deloitte & Touche LLP (“D&T”) was dismissed and PricewaterhouseCoopers LLP was appointed as the fund’s independent registered public accounting firm for the fiscal year ending October 31, 2026 audit. The change in the fund’s independent registered public accounting firm was approved by the fund’s board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund’s fiscal years ended October 31, 2024 and October 31, 2025, and the subsequent interim period through December 11, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Class C | $ 79 | 1.55 % * |
*Annualized.
Key fund statistics
| Fund net assets (in millions) | $ 32,410 |
| Total number of portfolio holdings | 1,209 |
| Portfolio turnover rate including mortgage dollar roll transactions | 43 % |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 30 % |
Portfolio holdings by asset type
*
Less than 0.01%.†
Includes derivatives.Changes in and disagreements with accountants
On September 11, 2025, Deloitte & Touche LLP (“D&T”) was dismissed and PricewaterhouseCoopers LLP was appointed as the fund’s independent registered public accounting firm for the fiscal year ending October 31, 2026 audit. The change in the fund’s independent registered public accounting firm was approved by the fund’s board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund’s fiscal years ended October 31, 2024 and October 31, 2025, and the subsequent interim period through December 11, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Class T | $ 28 | 0.55 % * |
*Annualized.
Key fund statistics
| Fund net assets (in millions) | $ 32,410 |
| Total number of portfolio holdings | 1,209 |
| Portfolio turnover rate including mortgage dollar roll transactions | 43 % |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 30 % |
Portfolio holdings by asset type
*
Less than 0.01%.†
Includes derivatives.Changes in and disagreements with accountants
On September 11, 2025, Deloitte & Touche LLP (“D&T”) was dismissed and PricewaterhouseCoopers LLP was appointed as the fund’s independent registered public accounting firm for the fiscal year ending October 31, 2026 audit. The change in the fund’s independent registered public accounting firm was approved by the fund’s board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund’s fiscal years ended October 31, 2024 and October 31, 2025, and the subsequent interim period through December 11, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Class F-1 | $ 43 | 0.85 % * |
*Annualized.
Key fund statistics
| Fund net assets (in millions) | $ 32,410 |
| Total number of portfolio holdings | 1,209 |
| Portfolio turnover rate including mortgage dollar roll transactions | 43 % |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 30 % |
Portfolio holdings by asset type
*
Less than 0.01%.†
Includes derivatives.Changes in and disagreements with accountants
On September 11, 2025, Deloitte & Touche LLP (“D&T”) was dismissed and PricewaterhouseCoopers LLP was appointed as the fund’s independent registered public accounting firm for the fiscal year ending October 31, 2026 audit. The change in the fund’s independent registered public accounting firm was approved by the fund’s board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund’s fiscal years ended October 31, 2024 and October 31, 2025, and the subsequent interim period through December 11, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Class F-2 | $ 30 | 0.59 % * |
*Annualized.
Key fund statistics
| Fund net assets (in millions) | $ 32,410 |
| Total number of portfolio holdings | 1,209 |
| Portfolio turnover rate including mortgage dollar roll transactions | 43 % |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 30 % |
Portfolio holdings by asset type
*
Less than 0.01%.†
Includes derivatives.Changes in and disagreements with accountants
On September 11, 2025, Deloitte & Touche LLP (“D&T”) was dismissed and PricewaterhouseCoopers LLP was appointed as the fund’s independent registered public accounting firm for the fiscal year ending October 31, 2026 audit. The change in the fund’s independent registered public accounting firm was approved by the fund’s board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund’s fiscal years ended October 31, 2024 and October 31, 2025, and the subsequent interim period through December 11, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Class F-3 | $ 24 | 0.47 % * |
*Annualized.
Key fund statistics
| Fund net assets (in millions) | $ 32,410 |
| Total number of portfolio holdings | 1,209 |
| Portfolio turnover rate including mortgage dollar roll transactions | 43 % |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 30 % |
Portfolio holdings by asset type
*
Less than 0.01%.†
Includes derivatives.Changes in and disagreements with accountants
On September 11, 2025, Deloitte & Touche LLP (“D&T”) was dismissed and PricewaterhouseCoopers LLP was appointed as the fund’s independent registered public accounting firm for the fiscal year ending October 31, 2026 audit. The change in the fund’s independent registered public accounting firm was approved by the fund’s board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund’s fiscal years ended October 31, 2024 and October 31, 2025, and the subsequent interim period through December 11, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Class 529-A | $ 43 | 0.84 % * |
*Annualized.
Key fund statistics
| Fund net assets (in millions) | $ 32,410 |
| Total number of portfolio holdings | 1,209 |
| Portfolio turnover rate including mortgage dollar roll transactions | 43 % |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 30 % |
Portfolio holdings by asset type
*
Less than 0.01%.†
Includes derivatives.Changes in and disagreements with accountants
On September 11, 2025, Deloitte & Touche LLP (“D&T”) was dismissed and PricewaterhouseCoopers LLP was appointed as the fund’s independent registered public accounting firm for the fiscal year ending October 31, 2026 audit. The change in the fund’s independent registered public accounting firm was approved by the fund’s board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund’s fiscal years ended October 31, 2024 and October 31, 2025, and the subsequent interim period through December 11, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial
statement
disclosure or auditing scope or procedure.What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Class 529-C | $ 81 | 1.59 % * |
*Annualized.
Key fund statistics
| Fund net assets (in millions) | $ 32,410 |
| Total number of portfolio holdings | 1,209 |
| Portfolio turnover rate including mortgage dollar roll transactions | 43 % |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 30 % |
Portfolio holdings by asset type
*
Less than 0.01%.†
Includes derivatives.Changes in and disagreements with accountants
On September 11, 2025, Deloitte & Touche LLP (“D&T”) was dismissed and PricewaterhouseCoopers LLP was appointed as the fund’s independent registered public accounting firm for the fiscal year ending October 31, 2026 audit. The change in the fund’s independent registered public accounting firm was approved by the fund’s board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund’s fiscal years ended October 31, 2024 and October 31, 2025, and the subsequent interim period through December 11, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Class 529-E | $ 54 | 1.06 % * |
*Annualized.
Key fund statistics
| Fund net assets (in millions) | $ 32,410 |
| Total number of portfolio holdings | 1,209 |
| Portfolio turnover rate including mortgage dollar roll transactions | 43 % |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 30 % |
Portfolio holdings by asset type
*
Less than 0.01%.†
Includes derivatives.Changes in and disagreements with accountants
On September 11, 2025, Deloitte & Touche LLP (“D&T”) was dismissed and PricewaterhouseCoopers LLP was appointed as the fund’s independent registered public accounting firm for the fiscal year ending October 31, 2026 audit. The change in the fund’s independent registered public accounting firm was approved by the fund’s board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund’s fiscal years ended October 31, 2024 and October 31, 2025, and the subsequent interim period through December 11, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Class 529-T | $ 31 | 0.60 % * |
*Annualized.
Key fund statistics
| Fund net assets (in millions) | $ 32,410 |
| Total number of portfolio holdings | 1,209 |
| Portfolio turnover rate including mortgage dollar roll transactions | 43 % |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 30 % |
Portfolio holdings by asset type
*
Less than 0.01%.†
Includes derivatives.Changes in and disagreements with accountants
On September 11, 2025, Deloitte & Touche LLP (“D&T”) was dismissed and PricewaterhouseCoopers LLP was appointed as the fund’s independent registered public accounting firm for the fiscal year ending October 31, 2026 audit. The change in the fund’s independent registered public accounting firm was approved by the fund’s board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund’s fiscal years ended October 31, 2024 and October 31, 2025, and the subsequent interim period through December 11, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Class 529-F-1 | $ 34 | 0.66 % * |
*Annualized.
Key fund statistics
| Fund net assets (in millions) | $ 32,410 |
| Total number of portfolio holdings | 1,209 |
| Portfolio turnover rate including mortgage dollar roll transactions | 43 % |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 30 % |
Portfolio holdings by asset type
*
Less than 0.01%.†
Includes derivatives.Changes in and disagreements with accountants
On September 11, 2025, Deloitte & Touche LLP (“D&T”) was dismissed and PricewaterhouseCoopers LLP was appointed as the fund’s independent registered public accounting firm for the fiscal year ending October 31, 2026 audit. The
change
in the fund’s independent registered public accounting firm was approved by the fund’s board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund’s fiscal years ended October 31, 2024 and October 31, 2025, and the subsequent interim period through December 11, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Class 529-F-2 | $ 29 | 0.57 % * |
*Annualized.
Key fund statistics
| Fund net assets (in millions) | $ 32,410 |
| Total number of portfolio holdings | 1,209 |
| Portfolio turnover rate including mortgage dollar roll transactions | 43 % |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 30 % |
Portfolio holdings by asset type
*
Less than 0.01%.†
Includes derivatives.Changes in and disagreements with accountants
On September 11, 2025, Deloitte & Touche LLP (“D&T”) was dismissed and PricewaterhouseCoopers LLP was appointed as the fund’s independent registered public accounting firm for the fiscal year ending October 31, 2026 audit. The change in the fund’s independent registered public accounting firm was approved by the fund’s board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund’s fiscal years ended October 31, 2024 and October 31, 2025, and the subsequent interim period through December 11, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Class 529-F-3 | $ 27 | 0.52 % * |
*Annualized.
Key fund statistics
| Fund net assets (in millions) | $ 32,410 |
| Total number of portfolio holdings | 1,209 |
| Portfolio turnover rate including mortgage dollar roll transactions | 43 % |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 30 % |
Portfolio holdings by asset type
*
Less than 0.01%.†
Includes derivatives.Changes in and disagreements with accountants
On September 11, 2025, Deloitte & Touche LLP (“D&T”) was dismissed and PricewaterhouseCoopers LLP was appointed as the fund’s independent registered public accounting firm for the fiscal year ending October 31, 2026 audit. The change in the fund’s independent registered public accounting firm was approved by the fund’s board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund’s fiscal years ended October 31, 2024 and October 31, 2025, and the subsequent interim period through December 11, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices,
financial
statement disclosure or auditing scope or procedure.What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Class R-1 | $ 79 | 1.55 % * |
*Annualized.
Key fund statistics
| Fund net assets (in millions) | $ 32,410 |
| Total number of portfolio holdings | 1,209 |
| Portfolio turnover rate including mortgage dollar roll transactions | 43 % |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 30 % |
Portfolio holdings by asset type
*
Less than 0.01%.†
Includes derivatives.Changes in and disagreements with accountants
On September 11, 2025, Deloitte & Touche LLP (“D&T”) was dismissed and PricewaterhouseCoopers LLP was appointed as the fund’s independent registered public accounting firm for the fiscal year ending October 31, 2026 audit. The change in the fund’s independent registered public accounting firm was approved by the fund’s board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund’s fiscal years ended October 31, 2024 and October 31, 2025, and the subsequent interim period through December 11, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Class R-2 | $ 79 | 1.55 % * |
*Annualized.
Key fund statistics
| Fund net assets (in millions) | $ 32,410 |
| Total number of portfolio holdings | 1,209 |
| Portfolio turnover rate including mortgage dollar roll transactions | 43 % |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 30 % |
Portfolio holdings by asset type
*
Less than 0.01%.†
Includes derivatives.Changes in and disagreements with accountants
On September 11, 2025, Deloitte & Touche LLP (“D&T”) was dismissed and PricewaterhouseCoopers LLP was appointed as the fund’s independent registered public accounting firm for the fiscal year ending October 31, 2026 audit. The change in the fund’s independent registered public accounting firm was approved by the fund’s board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund’s fiscal years ended October 31, 2024 and October 31, 2025, and the subsequent interim period through December 11, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.
What were the fund costs for the last six months?
(based on a hypothetical
$10,000 investment)Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Class R-2E | $ 65 | 1.28 % * |
*Annualized.
Key fund statistics
| Fund net assets (in millions) | $ 32,410 |
| Total number of portfolio holdings | 1,209 |
| Portfolio turnover rate including mortgage dollar roll transactions | 43 % |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 30 % |
Portfolio holdings by asset type
*
Less than 0.01%.†
Includes derivatives.Changes in and disagreements with accountants
On September 11, 2025, Deloitte & Touche LLP (“D&T”) was dismissed and PricewaterhouseCoopers LLP was appointed as the fund’s independent registered public accounting firm for the fiscal year ending October 31, 2026 audit. The change in the fund’s independent registered public accounting firm was approved by the fund’s board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund’s fiscal years ended October 31, 2024 and October 31, 2025, and the subsequent interim period through December 11, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Class R-3 | $ 57 | 1.11 % * |
*Annualized.
Key fund statistics
| Fund net assets (in millions) | $ 32,410 |
| Total number of portfolio holdings | 1,209 |
| Portfolio turnover rate including mortgage dollar roll transactions | 43 % |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 30 % |
Portfolio holdings by asset type
*
Less than 0.01%.†
Includes derivatives.Changes in and disagreements with accountants
On September 11, 2025, Deloitte & Touche LLP (“D&T”) was dismissed and PricewaterhouseCoopers LLP was appointed as the fund’s independent registered public accounting firm for the fiscal year ending October 31, 2026 audit. The change in the fund’s independent registered public accounting firm was approved by the fund’s board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund’s fiscal years ended October 31, 2024 and October 31, 2025, and the subsequent interim period through December 11, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.
What were the fund costs for the last six months?
(based on a hypothetical $10,000
investment)Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Class R-4 | $ 41 | 0.81 % * |
*Annualized.
Key fund statistics
| Fund net assets (in millions) | $ 32,410 |
| Total number of portfolio holdings | 1,209 |
| Portfolio turnover rate including mortgage dollar roll transactions | 43 % |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 30 % |
Portfolio holdings by asset type
*
Less than 0.01%.†
Includes derivatives.Changes in and disagreements with accountants
On September 11, 2025, Deloitte & Touche LLP (“D&T”) was dismissed and PricewaterhouseCoopers LLP was appointed as the fund’s independent registered public accounting firm for the fiscal year ending October 31, 2026 audit. The change in the fund’s independent registered public accounting firm was approved by the fund’s board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund’s fiscal years ended October 31, 2024 and October 31, 2025, and the subsequent interim period through December 11, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Class R-5E | $ 32 | 0.63 % * |
*Annualized.
Key fund statistics
| Fund net assets (in millions) | $ 32,410 |
| Total number of portfolio holdings | 1,209 |
| Portfolio turnover rate including mortgage dollar roll transactions | 43 % |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 30 % |
Portfolio holdings by asset type
*
Less than 0.01%.†
Includes derivatives.Changes in and disagreements with accountants
On September 11, 2025, Deloitte & Touche LLP (“D&T”) was dismissed and PricewaterhouseCoopers LLP was appointed as the fund’s independent registered public accounting firm for the fiscal year ending October 31, 2026 audit. The change in the fund’s independent registered public accounting firm was approved by the fund’s board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund’s fiscal years ended October 31, 2024 and October 31, 2025, and the subsequent interim period through December 11, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment)Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Class R-5 | $ 27 | 0.53 % * |
*Annualized.
Key fund statistics
| Fund net assets (in millions) | $ 32,410 |
| Total number of portfolio holdings | 1,209 |
| Portfolio turnover rate including mortgage dollar roll transactions | 43 % |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 30 % |
Portfolio holdings by asset type
*
Less than 0.01%.†
Includes derivatives.Changes in and disagreements with accountants
On September 11, 2025, Deloitte & Touche LLP (“D&T”) was dismissed and PricewaterhouseCoopers LLP was appointed as the fund’s independent registered public accounting firm for the fiscal year ending October 31, 2026 audit. The change in the fund’s independent registered public accounting firm was approved by the fund’s board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund’s fiscal years ended October 31, 2024 and October 31, 2025, and the subsequent interim period through December 11, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.
What were the fund costs for the last six months?
(based on a hypothetical $10,000 investment
)Share class | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| Class R-6 | $ 24 | 0.47 % * |
*Annualized.
Key fund statistics
| Fund net assets (in millions) | $ 32,410 |
| Total number of portfolio holdings | 1,209 |
| Portfolio turnover rate including mortgage dollar roll transactions | 43 % |
| Portfolio turnover rate excluding mortgage dollar roll transactions | 30 % |
Portfolio holdings by asset type
*
Less than 0.01%.†
Includes derivatives.Changes in and disagreements with accountants
On September 11, 2025, Deloitte & Touche LLP (“D&T”) was dismissed and PricewaterhouseCoopers LLP was appointed as the fund’s independent registered public accounting firm for the fiscal year ending October 31, 2026 audit. The change in the fund’s independent registered public accounting firm was approved by the fund’s board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund’s fiscal years ended October 31, 2024 and October 31, 2025, and the subsequent interim period through December 11, 2025, were there any disagreements between management and D&T on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.
| [1] | Annualized. |