Results are hypothetical. Other share classes will vary. Past performance is no guarantee of future results. Past performance is no guarantee of future results. Investment return and principal value will fluctuate, and fund shares, when redeemed, may be worth more or less than their original cost.
Figures shown above assume reinvestment of all dividends and capital gains.
If the adviser had not waived some or all management fees, total return would have been lower. The expense limitation may be revised or terminated at any time, at which time yield and total return will decrease. For shareholders in taxable funds, income dividends are taxed at the shareholder's ordinary income tax rate. Short-term capital gain dividends represent the net gain recognized on securities held in the fund's portfolio for one year or less before being sold. These dividends are taxed at the shareholder's ordinary income-tax rate.