Performance
1, 3, 5, 10 Year/Life values are Average Annual Total returns. Life of Fund figures are reported as of the inception date of the fund or share class. YTD (Daily) value is cumulative total returns from either the beginning of the calendar year or the inception of the fund, if the fund incepted after the beginning of the current year. Close tooltip
Details
These are high-level facts about a fund that an investor can use to help evaluate an investment option, including total net assets of a fund, expense ratio, and the current net asset value of the fund. Close tooltip
Hypothetical Growth of
This data point, usually shown as a graph, shows how the value of a hypothetical investment of $10,000 in a fund would have changed over time. It can also be used to compare the fund's historical performance against a benchmark or Morningstar Category average.
Fund
The person or the management company with management responsibility for the fund and its investments. Close tooltip
Portfolio
For Equity Funds, turnover rate is a measure of the fund's trading activity calculated by dividing total purchases or sales of portfolio securities (whichever is lower) by the fund's net assets. For the fixed income investments, duration estimates how much a bond fund's price will change with a change in comparable interest rates.
Fund Overview
Seeks a high level of income. The fund may also seek capital appreciation.
Quarter-End Average Annual Total
Quarter-end Average annual total return is a rate of return on a quarterly basis that, if achieved annually, would have produced the same cumulative total return if performance had been constant over the entire period. Average annual total returns smooth out variation in performance; they are not the same as actual year-by-year results.
