Summary Prospectus |
February 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 |
0.84 % |
0.84 % |
0.84 % |
0.84 % |
0.84 % |
0.84 % |
| ||||||
Distribution and/or Service (12b-1) Fees |
0.25 |
1.00 |
0.50 |
None |
None |
None |
| ||||||
Other Expenses |
0.39 |
0.39 |
0.39 |
0.39 |
0.32 |
0.25 |
| ||||||
Total Annual Fund Operating Expenses |
1.48 |
2.23 |
1.73 |
1.23 |
1.16 |
1.09 |
| ||||||
Fee Waiver and/or Expense Reimbursement2
|
0.23 |
0.23 |
0.23 |
0.23 |
0.16 |
0.09 |
| ||||||
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement |
1.25 |
2.00 |
1.50 |
1.00 |
1.00 |
1.00 |
|
|
1 Year |
3 Years |
5 Years |
10 Years |
Class A |
$670 |
$971 |
$1,293 |
$2,203 |
| ||||
Class C |
$303 |
$675 |
$1,174 |
$2,357 |
| ||||
Class R |
$153 |
$523 |
$917 |
$2,022 |
| ||||
Class Y |
$102 |
$368 |
$654 |
$1,468 |
| ||||
Class R5 |
$102 |
$353 |
$623 |
$1,395 |
| ||||
Class R6 |
$102 |
$338 |
$592 |
$1,321 |
|
|
1 Year |
3 Years |
5 Years |
10 Years |
Class A |
$670 |
$971 |
$1,293 |
$2,203 |
| ||||
Class C |
$203 |
$675 |
$1,174 |
$2,357 |
| ||||
Class R |
$153 |
$523 |
$917 |
$2,022 |
| ||||
Class Y |
$102 |
$368 |
$654 |
$1,468 |
| ||||
Class R5 |
$102 |
$353 |
$623 |
$1,395 |
| ||||
Class R6 |
$102 |
$338 |
$592 |
$1,321 |
|
Class A |
Period Ended |
Returns |
Best Quarter |
March 31, 2019 |
15.55% |
Worst Quarter |
March 31, 2020 |
-18.16% |
|
Inception Date |
1 Year |
5 Years |
Since
Inception |
Class A |
|
|
|
|
Return Before Taxes |
5/2/2014 |
-3.77 % |
5.06 % |
3.31 % |
Return After Taxes on Distributions |
|
-4.42 |
4.46 |
2.72 |
Return After Taxes on Distributions and Sale of Fund Shares |
|
-1.83 |
3.91 |
2.52 |
| ||||
Class C |
5/2/2014 |
0.18 |
5.45 |
3.26 |
| ||||
Class R |
5/2/2014 |
1.60 |
5.97 |
3.65 |
| ||||
Class Y |
5/2/2014 |
2.12 |
6.51 |
4.18 |
| ||||
Class R5 |
5/2/2014 |
2.12 |
6.50 |
4.17 |
| ||||
Class R6 |
5/2/2014 |
2.12 |
6.53 |
4.18 |
| ||||
Dow Jones Brookfield Global Infrastructure Index (Net) (reflects reinvested dividends net of withholding taxes, but reflects no deduction for fees, expenses or other taxes) |
|
4.51 |
6.97 |
4.60 |
| ||||
MSCI World IndexSM (Net) (reflects reinvested dividends net of withholding taxes, but reflects no deduction for fees, expenses or other taxes) |
|
23.79 |
12.80 |
8.65 |
|
Portfolio Managers |
Title |
Length of Service on the Fund |
Darin Turner |
Portfolio Manager |
2014 |
| ||
James Cowen |
Portfolio Manager |
2014 |
| ||
Grant Jackson, CFA |
Portfolio Manager |
2018 |
| ||
Ping-Ying Wang, CFA |
Portfolio Manager |
2014 |
|
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 |
|