08/28/2024 | Press release | Distributed by Public on 08/28/2024 04:49
Summary Prospectus
|
August 28, 2024
|
Shareholder Fees (fees paid directly from your investment)
|
|||||||
Class:
|
A
|
C
|
R
|
Y
|
Investor
|
R5
|
R6
|
Maximum Sales Charge (Load)
Imposed on Purchases (as a
percentage of offering price)
|
5.50
%
|
None
|
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
|
None
|
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the
value of your investment)
|
|||||||
Class:
|
A
|
C
|
R
|
Y
|
Investor
|
R5
|
R6
|
Management Fees
|
0.53
%
|
0.53
%
|
0.53
%
|
0.53
%
|
0.53
%
|
0.53
%
|
0.53
%
|
Distribution and/or Service (12b-1)
Fees
|
0.24
|
1.00
|
0.50
|
None
|
0.25
|
None
|
None
|
Other Expenses
|
0.16
|
0.16
|
0.16
|
0.16
|
0.16
|
0.14
|
0.07
|
Total Annual Fund Operating
Expenses
|
0.93
|
1.69
|
1.19
|
0.69
|
0.94
|
0.67
|
0.60
|
1
|
A contingent deferred sales charge may apply in some cases. See "Shareholder Account Information-Contingent Deferred Sales Charges (CDSCs)."
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|
Class A
|
$640
|
$830
|
$1,036
|
$1,630
|
Class C
|
$272
|
$533
|
$918
|
$1,796
|
Class R
|
$121
|
$378
|
$654
|
$1,443
|
Class Y
|
$70
|
$221
|
$384
|
$859
|
Investor Class
|
$96
|
$300
|
$520
|
$1,155
|
Class R5
|
$68
|
$214
|
$373
|
$835
|
Class R6
|
$61
|
$192
|
$335
|
$750
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|
Class A
|
$640
|
$830
|
$1,036
|
$1,630
|
Class C
|
$172
|
$533
|
$918
|
$1,796
|
Class R
|
$121
|
$378
|
$654
|
$1,443
|
Class Y
|
$70
|
$221
|
$384
|
$859
|
Investor Class
|
$96
|
$300
|
$520
|
$1,155
|
Class R5
|
$68
|
$214
|
$373
|
$835
|
Class R6
|
$61
|
$192
|
$335
|
$750
|
Investor Class
|
Period Ended
|
Returns
|
Year-to-date
|
June 30, 2024
|
4.78%
|
Best Quarter
|
December 31, 2022
|
13.07%
|
Worst Quarter
|
March 31, 2020
|
-20.10%
|
Inception
Date
|
1
Year
|
5
Years
|
10
Years
|
|
Investor Class
|
||||
Return Before Taxes
|
6/2/1986
|
7.03
%
|
8.80
%
|
7.88
%
|
Return After Taxes on Distributions
|
5.63
|
7.59
|
6.67
|
|
Return After Taxes on Distributions and Sale of
Fund Shares
|
5.11
|
6.83
|
6.18
|
|
Class A
|
3/28/2002
|
1.13
|
7.58
|
7.27
|
Class C
|
2/14/2000
|
5.22
|
7.98
|
7.23
|
Class R
|
4/17/2020
|
6.79
|
8.52
1
|
7.61
1
|
Class Y
|
10/3/2008
|
7.31
|
9.06
|
8.14
|
Class R5
|
10/25/2005
|
7.30
|
9.11
|
8.19
|
Class R6
|
9/24/2012
|
7.42
|
9.20
|
8.27
|
Russell 1000® Value Index (reflects no deduction
for fees, expenses or taxes)
|
11.46
|
10.91
|
8.40
|
|
S&P 500® Index (reflects no deduction for fees,
expenses or taxes)
|
26.29
|
15.69
|
12.03
|
|
Portfolio Managers
|
Title
|
Length of Service on the Fund
|
Peter Santoro, CFA
|
Portfolio Manager (lead)
|
2021
|
Caroline Le Feuvre
|
Portfolio Manager
|
2020
|
Craig Leopold, CFA
|
Portfolio Manager
|
2022
|
Chris McMeans, CFA
|
Portfolio Manager
|
2017
|
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
|