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
|
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
|
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the
value of your investment)
|
||||||
Class:
|
A
|
C
|
R
|
Y
|
R5
|
R6
|
Management Fees
|
0.38
%
|
0.38
%
|
0.38
%
|
0.38
%
|
0.38
%
|
0.38
%
|
Distribution and/or Service (12b-1) Fees
|
0.25
|
1.00
|
0.50
|
None
|
None
|
None
|
Other Expenses
|
0.18
|
0.18
|
0.18
|
0.18
|
0.14
|
0.07
|
Total Annual Fund Operating Expenses
|
0.81
|
1.56
|
1.06
|
0.56
|
0.52
|
0.45
|
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
|
$628
|
$794
|
$975
|
$1,497
|
Class C
|
$259
|
$493
|
$850
|
$1,655
|
Class R
|
$108
|
$337
|
$585
|
$1,294
|
Class Y
|
$57
|
$179
|
$313
|
$701
|
Class R5
|
$53
|
$167
|
$291
|
$653
|
Class R6
|
$46
|
$144
|
$252
|
$567
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|
Class A
|
$628
|
$794
|
$975
|
$1,497
|
Class C
|
$159
|
$493
|
$850
|
$1,655
|
Class R
|
$108
|
$337
|
$585
|
$1,294
|
Class Y
|
$57
|
$179
|
$313
|
$701
|
Class R5
|
$53
|
$167
|
$291
|
$653
|
Class R6
|
$46
|
$144
|
$252
|
$567
|
Class A
|
Period Ended
|
Returns
|
Year-to-date
|
June 30, 2024
|
8.47%
|
Best Quarter
|
December 31, 2020
|
22.30%
|
Worst Quarter
|
March 31, 2020
|
-32.34%
|
Inception
Date
|
1
Year
|
5
Years
|
10
Years
|
|
Class A
|
||||
Return Before Taxes
|
10/7/1968
|
6.07
%
|
12.13
%
|
8.28
%
|
Return After Taxes on Distributions
|
4.02
|
10.10
|
6.49
|
|
Return After Taxes on Distributions and Sale of
Fund Shares
|
4.96
|
9.40
|
6.29
|
|
Class C
|
10/26/1993
|
10.46
|
12.58
|
8.25
|
Class R
|
10/1/2002
|
11.99
|
13.13
|
8.63
|
Class Y
|
10/29/2004
|
12.53
|
13.69
|
9.17
|
Class R5
|
6/1/2010
|
12.59
|
13.76
|
9.25
|
Class R6
|
9/24/2012
|
12.67
|
13.84
|
9.34
|
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
|
Kevin Holt, CFA
|
Portfolio Manager (co-lead)
|
2010 (predecessor fund 1999)*
|
Devin Armstrong, CFA
|
Portfolio Manager (co-lead)
|
2010 (predecessor fund 2007)*
|
James Warwick
|
Portfolio Manager
|
2010 (predecessor fund 2007)*
|
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
|