07/29/2024 | Press release | Distributed by Public on 07/29/2024 13:23
Investment Objective
|
Fees and Expenses of the Fund
|
Class A
|
Institutional
|
Service
|
Administration
|
Investor
|
Class R6
|
|
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering
price)
|
None
|
None
|
None
|
None
|
None
|
None
|
Class A
|
Institutional
|
Service
|
Administration
|
Investor
|
Class R6
|
|
Management Fees
|
0.25%
|
0.25%
|
0.25%
|
0.25%
|
0.25%
|
0.25%
|
Distribution and/or Service (12b-1) Fees
|
0.15%
|
None
|
0.25%
|
None
|
None
|
None
|
Other Expenses
|
0.22%
|
0.14%
|
0.39%
|
0.39%
|
0.22%
|
0.13%
|
Shareholder Administration Fees
|
None
|
None
|
0.25%
|
0.25%
|
None
|
None
|
All Other Expenses
|
0.22%
|
0.14%
|
0.14%
|
0.14%
|
0.22%
|
0.13%
|
Total Annual Fund Operating Expenses
|
0.62%
|
0.39%
|
0.89%
|
0.64%
|
0.47%
|
0.38%
|
Expense Limitation1
|
(0.04%)
|
(0.04%)
|
(0.04%)
|
(0.04%)
|
(0.04%)
|
(0.04%)
|
Total Annual Fund Operating Expenses After Expense Limitation
|
0.58%
|
0.35%
|
0.85%
|
0.60%
|
0.43%
|
0.34%
|
Expense Example
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|
Class A Shares
|
$59
|
$194
|
$342
|
$770
|
Institutional Shares
|
$36
|
$121
|
$215
|
$489
|
Service Shares
|
$87
|
$280
|
$489
|
$1,092
|
Administration Shares
|
$61
|
$201
|
$353
|
$795
|
Investor Shares
|
$44
|
$147
|
$259
|
$588
|
Class R6 Shares
|
$35
|
$118
|
$209
|
$476
|
Portfolio Turnover
|
Principal Strategy
|
Principal Risks of the Fund
|
Performance
|
Returns
|
Quarter ended
|
|
Year-to-Date Return
|
2.26%
|
June 30, 2024
|
During the periods shown in the chart above:
|
Returns
|
Quarter ended
|
Best Quarter Return
|
3.84%
|
June 30, 2020
|
Worst Quarter Return
|
-2.33%
|
March 31, 2020
|
AVERAGE ANNUAL TOTAL RETURN
For the period ended December 31, 2023
|
|||||
1 Year
|
5 Years
|
10 Years
|
Since
Inception
|
Inception
Date
|
|
Class A Shares
|
8/2/2000
|
||||
Returns Before Taxes
|
5.87%*
|
1.93%*
|
1.28%*
|
-
|
|
Returns After Taxes on Distributions
|
4.57%
|
1.20%
|
0.75%
|
-
|
|
Returns After Taxes on Distributions and Sale of Fund Shares
|
3.45%
|
1.17%
|
0.75%
|
-
|
|
ICE BofA One-Year U.S. Treasury Note Index (reflects no deduction for fees or expenses)
|
4.74%
|
1.66%
|
1.18%
|
-
|
|
Bloomberg U.S. Aggregate Bond Index (reflects no deduction for fees or expenses)
|
5.53%
|
1.10%
|
1.81%
|
-
|
|
Institutional Shares
|
8/2/2000
|
||||
Returns Before Taxes
|
6.11%
|
2.15%
|
1.55%
|
-
|
|
ICE BofA One-Year U.S. Treasury Note Index (reflects no deduction for fees or expenses)
|
4.74%
|
1.66%
|
1.18%
|
-
|
|
Bloomberg U.S. Aggregate Bond Index (reflects no deduction for fees or expenses)
|
5.53%
|
1.10%
|
1.81%
|
-
|
|
Service Shares
|
12/10/2021
|
||||
Returns Before Taxes
|
5.70%
|
N/A
|
N/A
|
1.94%
|
|
ICE BofA One-Year U.S. Treasury Note Index (reflects no deduction for fees or expenses)
|
4.74%
|
N/A
|
N/A
|
1.74%
|
|
Bloomberg U.S. Aggregate Bond Index (reflects no deduction for fees or expenses)
|
5.53%
|
N/A
|
N/A
|
-4.01%
|
|
Administration Shares
|
8/2/2000
|
||||
Returns Before Taxes
|
5.84%
|
1.91%
|
1.30%
|
-
|
|
ICE BofA One-Year U.S. Treasury Note Index (reflects no deduction for fees or expenses)
|
4.74%
|
1.66%
|
1.18%
|
-
|
|
Bloomberg U.S. Aggregate Bond Index (reflects no deduction for fees or expenses)
|
5.53%
|
1.10%
|
1.81%
|
-
|
|
Investor Shares
|
7/30/2010
|
||||
Returns Before Taxes
|
6.15%
|
2.08%
|
1.48%
|
-
|
|
ICE BofA One-Year U.S. Treasury Note Index (reflects no deduction for fees or expenses)
|
4.74%
|
1.66%
|
1.18%
|
-
|
|
Bloomberg U.S. Aggregate Bond Index (reflects no deduction for fees or expenses)
|
5.53%
|
1.10%
|
1.81%
|
-
|
|
Class R6 Shares
|
7/31/2015
|
||||
Returns Before Taxes
|
6.24%
|
2.18%
|
1.57%**
|
-
|
|
ICE BofA One-Year U.S. Treasury Note Index (reflects no deduction for fees or expenses)
|
4.74%
|
1.66%
|
1.18%
|
-
|
|
Bloomberg U.S. Aggregate Bond Index (reflects no deduction for fees or expenses)
|
5.53%
|
1.10%
|
1.81%
|
-
|
Portfolio Management
|
Buying and Selling Fund Shares
|
Tax Information
|
Payments to Broker-Dealers and
Other Financial Intermediaries
|