A Shares
| Performance data quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate so that upon redemption, investor’s shares may be worth more or less than their original cost. Current performance may be lower or higher than the data quoted. |
| Select a fund to view quarter-end and benchmark performance | YTD as of 5/21/13 | Average Annualized Total Returns as of 4/30/13 | ||||||
|---|---|---|---|---|---|---|---|---|
| Equity Funds | YTD | 1-Yr | 3-Yrs | 5-Yrs | 10-Yrs | Inception | ||
 |
Value Incep. Date 10/2/95 |
19.16% |  |
12.60% | 3.87% | 1.92% | 6.66% | 9.01% |
| 13.79% |  |
7.53% | 2.29% | 0.98% | 6.17% | 8.73% | ||
 |
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 |
International Value Incep. Date 5/28/98 |
9.70%
|
|
10.10% | 5.83% | -0.51% | 10.99% | 8.41% |
4.77%
|
|
5.16% | 4.22% | -1.42% | 10.48% | 8.08% | ||
|
||||||||
 |
Core Growth Incep. Date 12/27/00 |
16.54%
|
|
15.17% | 13.33% | 4.69% | 10.54% | 4.90% |
11.32%
|
|
9.97% | 11.60% | 3.74% | 10.04% | 4.51% | ||
|
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 |
Investment
Income Builder Incep. Date 12/24/02 |
13.28%
|
|
18.71% | 10.81% | 6.21% | 11.45% | 11.64% |
8.17%
|
|
13.38% | 9.13% | 5.23% | 10.93% | 11.14% | ||
|
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 |
Global Opportunities Incep. Date 7/28/06 |
13.81%
|
|
19.54% | 8.21% | 2.61% | – | 8.83% |
8.68%
|
|
14.19% | 6.55% | 1.67% | – | 8.10% | ||
|
||||||||
 |
International Growth Incep. Date 2/1/07 |
16.90% | |
20.89% | 16.81% | 6.44% | – | 8.13% |
| 11.64% | |
15.46% | 15.03% | 5.48% | – | 7.34% | ||
|
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 |
Developing World Incep. Date 12/16/09 |
16.41% | |
16.56% | 11.88% | – | – | 13.44% |
| 11.20% | |
11.30% | 10.19% | – | – | 11.91% | ||
|
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 |
|
|
|
|
|
|
|
|
Equity Fund Performance vs. Benchmarks - Fund performance vs. appropriate benchmarks as of the latest quarter. (pdf) |
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| Select a fund to view quarter-end performance | YTD as of 5/21/13 | Average Annualized Total Returns as of 4/30/13 | ||||||
| Municipal Funds | YTD | 1-Yr | 3-Yrs | 5-Yrs | 10-Yrs | Inception | ||
 |
Limited Term Muni. Incep. Date 9/28/84 |
0.77% | |
2.66% | 4.08% | 4.45% | 3.52% | 5.42% |
| -0.72% | |
1.13% | 3.56% | 4.13% | 3.37% | 5.36% | ||
|
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 |
Intermediate Muni. Incep. Date 7/22/91 |
0.98% | |
4.60% | 5.70% | 5.47% | 4.25% | 5.31% |
| -1.04% | |
2.48% | 5.00% | 5.04% | 4.04% | 5.21% | ||
|
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 |
California Limited Term Muni. Incep. Date 2/19/87 |
0.97% | |
2.91% | 4.20% | 4.44% | 3.43% | 4.73% |
| -0.55% | |
1.35% | 3.67% | 4.13% | 3.28% | 4.66% | ||
|
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 |
New Mexico Intermed. Muni. Incep. Date 6/18/91 |
0.56% | |
3.20% | 4.08% | 4.46% | 3.73% | 4.87% |
| -1.42% | |
1.15% | 3.38% | 4.04% | 3.53% | 4.77% | ||
|
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 |
New York Intermed. Muni. Incep. Date 9/5/97 |
0.62% | |
4.01% | 5.39% | 5.13% | 3.95% | 4.46% |
| -1.37% | |
1.93% | 4.67% | 4.70% | 3.74% | 4.32% | ||
|
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 |
Strategic Municipal Income Incep. Date 4/1/09 |
1.29% | |
6.26% | 7.62% | – | – | 10.80% |
| -0.73% | |
4.15% | 6.90% | – | – | 10.27% | ||
| Income Funds | YTD | 1-Yr | 3-Yrs | 5-Yrs | 10-Yrs | Inception | ||
 |
Limited Term Income Incep. Date 10/1/92 |
1.17% | |
5.64% | 5.65% | 6.24% | 4.74% | 5.69% |
| -0.35% | |
4.02% | 5.11% | 5.92% | 4.58% | 5.61% | ||
|
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 |
Limited Term US Government° Incep. Date 11/16/87 |
-0.15% | |
1.29%
|
2.60%
|
3.65%
|
3.33%
|
5.57%
|
| -1.65% | |
-0.23%
|
2.08%
|
3.34%
|
3.18%
|
5.51%
|
||
|
||||||||
 |
Strategic Income Incep. Date 12/19/07 |
4.80% | |
11.44%
|
9.56%
|
8.80%
|
–
|
8.90%
|
| 0.12% | |
6.40%
|
7.89%
|
7.80%
|
–
|
7.97%
|
||
|
||||||||
Periods over one year are annualized.
The maximum sales charge for the Equity Fund's and Strategic Income Fund's A shares is 4.50%. The Limited Term Funds have a maximum sales charge of 1.50% for the A shares. The Strategic Municipal Income Fund and the Intermediate Term Funds have a maximum sales charge of 2.00% for the A shares.
The Global Opportunities, International Growth and Developing World Funds may invest in shares of companies through initial public offerings (IPOs). IPOs have the potential to produce substantial gains and there is no assurance that the Fund will have continued access to profitable IPOs. As Fund assets grow, the impact of IPO investments on performance may decline.
°The share price of the fund is not guaranteed by the U.S. Government.
Fund Operating Expenses
| Fund | Gross Annual Operating Expenses (as reported in the most recent Prospectus) |
Net Operating Expenses (as reported in the most recent Prospectus)* |
Actual Annualized Operating Expenses (fiscal year to date as of 3/31/13) |
| Value | 1.32 % | 1.32 % | 1.44 % |
|
|||
| International Value | 1.29 % | 1.29 % | 1.26 % |
|
|||
| Core Growth | 1.49 % | 1.49 % | 1.46 % |
|
|||
| Investment Income Builder | 1.43 % | 1.43 % | 1.18 % |
|
|||
| Global Opportunities | 1.60 % | 1.60 % | 1.45 % |
|
|||
| International Growth | 1.51 % | 1.51 % | 1.41 % |
|
|||
| Developing World* | 1.85 % | 1.83 % | 1.57 % |
|
|||
| Limited Term Muni. | 0.72 % | 0.72 % | 0.70 % |
|
|||
| Intermediate Muni. | 0.93 % | 0.93 % | 0.92 % |
|
|||
| California Limited Term Muni. | 0.95 % | 0.95 % | 0.94 % |
|
|||
| New Mexico Intermed. Muni. | 0.95 % | 0.95 % | 0.94 % |
|
|||
| New York Intermed. Muni.* | 1.05 % | 0.99 % | 0.99 % |
|
|||
| Strategic Municipal Income* | 1.31 % | 1.25 % | 1.25 % |
|
|||
| Limited Term Income | 0.93 % | 0.93 % | 0.87 % |
|
|||
| Limited Term US Government | 0.89 % | 0.89 % | 0.88 % |
|
|||
| Strategic Income* | 1.33 % | 1.27 % | 1.25 % |
|
|||
*Thornburg Investment Management and/or Thornburg Securities Corporation have contractually agreed to waive fees and reimburse expenses through at least February 1, 2014, so that actual expenses do not exceed the net expense ratio above.
For more information regarding fund expenses, please see the fund prospectus.
B Shares
| Performance data quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate so that upon redemption, investor’s shares may be worth more or less than their original cost. Current performance may be lower or higher than the data quoted. |
| Select a fund to view quarter-end and benchmark performance | YTD as of 5/21/13 | Average Annualized Total Returns as of 4/30/13 | ||||||
| Equity Funds | YTD | 1-Yr | 3-Yrs | 5-Yrs | 10-Yrs | Inception | ||
|
Value Incep. Date 4/3/00 |
18.71% | |
11.50% | 2.90% | 0.99% | 5.96% | 2.00% |
| 13.71% | |
6.50% | 1.79% | 0.60% | 5.96% | 2.00% | ||
|
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|
International Value Incep. Date 4/3/00 |
9.30% | |
9.17% | 4.97% | -1.30% | 10.29% | 5.62% |
| 4.30% | |
4.17% | 3.90% | -1.69% | 10.29% | 5.62% | ||
|
|
|
|
|
|
|
|
|
| Select a fund to view quarter-end performance | YTD as of 5/21/13 | Average Annualized Total Returns as of 4/30/13 | ||||||
|---|---|---|---|---|---|---|---|---|
| Income Funds | YTD | 1-Yr | 3-Yrs | 5-Yrs | 10-Yrs | Inception | ||
|
Limited Term US Government° Incep. Date 11/1/02 |
-0.83% | |
-0.15% | 1.23% | 2.34% | 2.28% | 2.49% |
| -5.77% | |
-5.08% | 0.09% | 1.98% | 2.28% | 2.49% | ||
|
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Periods over one year are annualized.
B shares carry a contingent deferred sales charge (CDSC), if redeemed within a year, of 5.00%; within two years, 4.25%; within three years, 3.50%; within four years, 2.75%; within five years, 2.00%; within six years, 1.25%; within seven years, 0.50%. There is no charge for redemption within the eighth year.
°The share price of the fund is not guaranteed by the U.S. Government.
Fund Operating Expenses
| Fund | Gross Annual Operating Expenses (as reported in the most recent Prospectus) |
Actual Annualized Operating Expenses (fiscal year to date as of 3/31/13) |
| Value | 2.34 % | 2.38 % |
|
||
| International Value | 2.09 % | 2.09 % |
|
||
| Limited Term US Government | 2.25 % | 2.28 % |
|
||
For more information regarding fund expenses, please see the fund prospectus.
C Shares
| Performance data quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate so that upon redemption, investor’s shares may be worth more or less than their original cost. Current performance may be lower or higher than the data quoted. |
| Select a fund to view quarter-end and benchmark performance | YTD as of 5/21/13 | Average Annualized Total Returns as of 4/30/13 | ||||||
| Equity Funds | YTD | 1-Yr | 3-Yrs | 5-Yrs | 10-Yrs | Inception | ||
|
Value Incep. Date 10/2/95 |
18.79% | |
11.75% | 3.10% | 1.15% | 5.85% | 8.18% |
| 17.79% | |
10.75% | 3.10% | 1.15% | 5.85% | 8.18% | ||
|
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|
International Value Incep. Date 5/28/98 |
9.33% | |
9.31% | 5.06% | -1.23% | 10.18% | 7.56% |
| 8.33% | |
8.31% | 5.06% | -1.23% | 10.18% | 7.56% | ||
|
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|
Core Growth Incep. Date 12/27/00 |
16.22% | |
14.31% | 12.48% | 3.90% | 9.69% | 4.06% |
| 15.22% | |
13.31% | 12.48% | 3.90% | 9.69% | 4.06% | ||
|
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|
Investment
Income Builder Incep. Date 12/24/02 |
12.98% | |
17.91% | 10.04% | 5.51% | 10.79% | 11.00% |
| 11.98% | |
16.91% | 10.04% | 5.51% | 10.79% | 11.00% | ||
|
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|
Global Opportunities Incep. Date 7/28/06 |
13.53% | |
18.64% | 7.39% | 1.83% | – | 7.99% |
| 12.53% | |
17.64% | 7.39% | 1.83% | – | 7.99% | ||
|
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|
International Growth Incep. Date 2/1/07 | 16.57% | |
20.03% | 15.89% | 5.76% | – | 7.42% |
| 15.57% | |
19.03% | 15.89% | 5.76% | – | 7.42% | ||
|
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|
Developing World Incep. Date 12/16/09 | 16.02% | |
15.68% | 11.12% | – | – | 12.70% |
| 15.02% | |
14.68% | 11.12% | – | – | 12.70% | ||
|
|
|
|
|
|
|
|
|
| Select a fund to view quarter-end performance | YTD as of 5/21/13 | Average Annualized Total Returns as of 4/30/13 | ||||||
|---|---|---|---|---|---|---|---|---|
| Municipal Funds | YTD | 1-Yr | 3-Yrs | 5-Yrs | 10-Yrs | Inception | ||
|
Limited Term Muni. Incep. Date 9/1/94 |
0.67% | |
2.45% | 3.80% | 4.16% | 3.24% | 3.85% |
| 0.17% | |
1.95% | 3.80% | 4.16% | 3.24% | 3.85% | ||
|
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|
Intermediate Muni. Incep. Date 9/1/94 |
0.93% | |
4.27% | 5.39% | 5.16% | 3.97% | 4.46% |
| 0.33% | |
3.67% | 5.39% | 5.16% | 3.97% | 4.46% | ||
|
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|
California Limited Term Muni. Incep. Date 9/1/94 |
0.87% | |
2.71% | 3.95% | 4.18% | 3.17% | 3.71% |
| 0.37% | |
2.21% | 3.95% | 4.18% | 3.17% | 3.71% | ||
|
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|
Strategic Municipal Income Incep. Date 4/1/09 |
1.24% | |
6.02% | 7.33% | – | – | 10.52% |
| 0.64% | |
5.42% | 7.33% | – | – | 10.52% | ||
| Income Funds | YTD | 1-Yr | 3-Yrs | 5-Yrs | 10-Yrs | Inception | ||
|
Limited Term Income Incep. Date 9/1/94 |
1.15% | |
5.47% | 5.39% | 5.98% | 4.49% | 5.42% |
| 0.65% | |
4.97% | 5.39% | 5.98% | 4.49% | 5.42% | ||
|
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|
Limited Term US Government° Incep. Date 9/1/94 |
-0.32% | |
1.02% | 2.32% | 3.35% | 3.04% | 4.54% |
| -0.81% | |
0.52% | 2.32% | 3.35% | 3.04% | 4.54% | ||
|
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|
Strategic Income Incep. Date 12/19/07 |
4.58% | |
10.77%
|
8.94%
|
8.16%
|
–
|
8.28%
|
| 3.58% | |
9.77%
|
8.94%
|
8.16%
|
–
|
8.28%
|
||
|
||||||||
Periods over one year are annualized.
The Equity Funds and Strategic Income Fund C shares include a 1% contingent deferred sales charge (CDSC) for the first year only. The Limited Term Funds have a 0.50% contingent deferred sales charge (CDSC) on the C shares for the first year only. The Strategic Municipal Income Fund and the Intermediate Term Funds have a 0.60% CDSC on the C shares for the first year only.
The Global Opportunities, International Growth and Developing World Funds may invest in shares of companies through initial public offerings (IPOs). IPOs have the potential to produce substantial gains and there is no assurance that the Fund will have continued access to profitable IPOs. As Fund assets grow, the impact of IPO investments on performance may decline.
°The share price of the fund is not guaranteed by the U.S. Government.
Fund Operating Expenses
| Fund | Gross Annual Operating Expenses (as reported in the most recent Prospectus) |
Net Operating Expenses (as reported in the most recent Prospectus)* |
Actual Annualized Operating Expenses (fiscal year to date as of 3/31/13) |
| Value | 2.09 % | 2.09 % | 2.19 % |
|
|||
| International Value | 2.03 % | 2.03 % | 2.00 % |
|
|||
| Core Growth | 2.25 % | 2.25 % | 2.21 % |
|
|||
| Investment Income Builder* | 2.20 % | 2.13 % | 1.90 % |
|
|||
| Global Opportunities | 2.38 % | 2.38 % | 2.22 % |
|
|||
| International Growth | 2.27 % | 2.27 % | 2.15 % |
|
|||
| Developing World* | 2.86 % | 2.38 % | 2.37 % |
|
|||
| Limited Term Muni. | 0.99 % | 0.99 % | 0.97 % |
|
|||
| Intermediate Muni.* | 1.31 % | 1.24 % | 1.24 % |
|
|||
| California Limited Term Muni. | 1.22 % | 1.22 % | 1.20 % |
|
|||
| Strategic Municipal Income* | 1.78 % | 1.55 % | 1.54 % |
|
|||
| Limited Term Income | 1.18 % | 1.18 % | 1.11 % |
|
|||
| Limited Term US Government | 1.17 % | 1.17 % | 1.16 % |
|
|||
| Strategic Income* | 2.07 % | 1.82 % | 1.80 % |
|
|||
*Thornburg Investment Management and/or Thornburg Securities Corporation have contractually agreed to waive fees and reimburse expenses through at least February 1, 2014, so that actual expenses do not exceed the net expense ratio above.
For more information regarding fund expenses, please see the fund prospectus.
D Shares
| Performance data quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate so that upon redemption, investor’s shares may be worth more or less than their original cost. Current performance may be lower or higher than the data quoted. |
| Select a fund to view quarter-end performance | YTD as of 5/21/13 | Average Annualized Total Returns as of 4/30/13 |
||||||
| Equity Funds | YTD | 1-Yr | 3-Yrs | 5-Yrs | 10-Yrs | Inception | ||
|
New Mexico Intermed. Muni. Incep. Date 6/1/99 |
0.46%
|
|
2.94% | 3.85% | 4.21% | 3.46% | 3.80% |
|
|
|
|
|
|
|
|
|
|
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Periods over one year are annualized.
There are no up-front or contingent deferred sales charges for D shares.
Fund Operating Expenses
| Fund | Gross Annual Operating Expenses (as reported in the most recent Prospectus) |
Actual Annualized Operating Expenses (fiscal year to date as of 3/31/13) |
|
| New Mexico Intermed. Muni. Incep. Date 6/1/99 |
1.18 % | 1.20 % | |
|
|||
For more information regarding fund expenses, please see the fund prospectus.
I Shares
| Performance data quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate so that upon redemption, investor’s shares may be worth more or less than their original cost. Current performance may be lower or higher than the data quoted. |
| Select a fund to view quarter-end and benchmark performance | YTD as of 5/21/13 | Average Annualized Total Returns as of 4/30/13 | ||||||
|---|---|---|---|---|---|---|---|---|
| Equity Funds | YTD | 1-Yr | 3-Yrs | 5-Yrs | 10-Yrs | Inception | ||
|
Value Incep. Date 11/2/98 |
19.33% | |
13.09% | 4.29% | 2.31% | 7.07% | 5.95% |
|
||||||||
|
International Value Incep. Date 3/30/01 |
9.84%
|
|
10.57% | 6.26% | -0.10% | 11.46% | 8.15% |
|
||||||||
|
Core Growth Incep. Date 11/1/03 |
16.80%
|
|
15.68% | 13.88% | 5.20% | – | 8.01% |
|
||||||||
|
Investment
Income Builder Incep. Date 11/3/03 |
13.40%
|
|
19.09% | 11.15% | 6.55% | – | 10.59% |
|
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|
Global Opportunities Incep. Date 7/28/06 |
14.03%
|
|
20.13% | 8.75% | 3.14% | – | 9.38% |
|
||||||||
|
International Growth
Incep. Date 2/1/07 | 17.10% | |
21.51% | 17.42% | 7.05% | – | 8.76% |
|
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|
Developing World
Incep. Date 12/16/09 | 16.64% | |
17.10% | 12.53% | – | – | 14.10% |
|
|
|
|
|
|
|
|
|
| Select a fund to view quarter-end performance | YTD as of 5/21/13 | Average Annualized Total Returns as of 4/30/13 | ||||||
| Municipal Funds | YTD | 1-Yr | 3-Yrs | 5-Yrs | 10-Yrs | Inception | ||
|
Limited Term Muni. Incep. Date 7/5/96 |
0.90% | |
3.00% | 4.43% | 4.79% | 3.86% | 4.50% |
|
||||||||
|
Intermediate Muni. Incep. Date 7/5/96 |
1.11% | |
4.94% | 6.02% | 5.81% | 4.59% | 5.03% |
|
||||||||
|
California Limited Term Muni. Incep. Date 4/1/97 |
1.10% | |
3.32% | 4.57% | 4.79% | 3.77% | 4.26% |
|
||||||||
|
New Mexico Intermed. Muni. Incep. Date 2/1/07 |
0.77% | |
3.47% | 4.44% | 4.82% | – | 4.70% |
|
||||||||
 |
New York Intermed. Muni. Incep. Date 2/1/10 |
0.82% | |
4.34% | 5.72% | – | – | 5.75% |
|
||||||||
|
Strategic Municipal Income Incep. Date 4/1/09 |
1.41% | |
6.66% | 7.95% | – | – | 11.14% |
| Income Funds | YTD | 1-Yr | 3-Yrs | 5-Yrs | 10-Yrs | Inception | ||
|
Limited Term Income Incep. Date 7/5/96 |
1.31% | |
6.08%
|
6.04%
|
6.62%
|
5.10%
|
6.01%
|
|
||||||||
|
Limited Term US
Government° Incep. Date 7/5/96 |
-0.02% | |
1.62%
|
2.94%
|
3.97%
|
3.64%
|
5.08%
|
|
||||||||
|
Strategic Income Incep. Date 12/19/07 |
4.94% | |
11.80%
|
9.90%
|
9.10%
|
–
|
9.23%
|
|
||||||||
Periods over one year are annualized.
There is no up-front sales charge for I shares.
The Global Opportunities, International Growth and Developing World Funds may invest in shares of companies through initial public offerings (IPOs). IPOs have the potential to produce substantial gains and there is no assurance that the Fund will have continued access to profitable IPOs. As Fund assets grow, the impact of IPO investments on performance may decline.
°The share price of the fund is not guaranteed by the U.S. Government.
Fund Operating Expenses
| Fund | Gross Annual Operating Expenses (as reported in the most recent Prospectus) |
Net Operating Expenses (as reported in the most recent Prospectus)* |
Actual Annualized Operating Expenses (fiscal year to date as of 3/31/13) |
| Value | 0.93 % | 0.93 % | 0.98 % |
|
|||
| International Value | 0.88 % | 0.88 % | 0.86 % |
|
|||
| Core Growth* | 1.08 % | 0.99 % | 0.99 % |
|
|||
| Investment Income Builder | 1.12 % | 1.12 % | 0.86 % |
|
|||
| Global Opportunities* | 1.32 % | 1.10 % | 0.99 % |
|
|||
| International Growth* | 1.14 % | 0.99 % | 0.98 % |
|
|||
| Developing World* | 1.45 % | 1.09 % | 1.09 % |
|
|||
| Limited Term Muni. | 0.39 % | 0.39 % | 0.37 % |
|
|||
| Intermediate Muni. | 0.61 % | 0.61 % | 0.60 % |
|
|||
| California Limited Term Muni. | 0.62 % | 0.62 % | 0.61 % |
|
|||
| New Mexico Intermed. Muni. | 0.61 % | 0.61 % | 0.61 % |
|
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| New York Intermed. Muni.* | 0.77 % | 0.67 % | 0.67 % |
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| Strategic Municipal Income* | 0.95 % | 0.95 % | 0.93 % |
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| Limited Term Income | 0.58 % | 0.58 % | 0.52 % |
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| Limited Term US Government | 0.55 % | 0.55 % | 0.55 % |
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| Strategic Income | 0.98 % | 0.98 % | 0.91 % |
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*Thornburg Investment Management and/or Thornburg Securities Corporation have contractually agreed to waive fees and reimburse expenses through at least February 1, 2014, so that actual expenses do not exceed the net expense ratio above.
For more information regarding fund expenses, please see the fund prospectus.
Investments in the Funds carry risks, including possible loss of principal. Investing outside the United States, especially in emerging markets, entails special risks, such as currency fluctuations, illiquidity, and volatility. Investments in small capitalization companies may increase the risk of greater price fluctuations. Funds investing in bonds have the same interest rate, inflation, and credit risks that are associated with the underlying bonds. The principal value of bonds will fluctuate relative to changes in interest rates, decreasing when interest rates rise. This effect is more pronounced for longer-term bonds. Unlike bonds, bond funds have ongoing fees and expenses. Funds invested in mortgage backed securities may bear additional risk. Investments in lower rated and unrated bonds may be more sensitive to default, downgrades, and market volatility; these investments may also be less liquid than higher rated bonds. Investments in derivatives are subject to the risks associated with the securities or other assets underlying the pool of securities, including illiquidity and difficulty in valuation. Investments in the Funds are not FDIC insured, nor are they deposits of or guaranteed by a bank or any other entity.
Class I shares may not be available to all investors. Minimum investments for the I share class may be higher than those for other classes.
Before investing, carefully consider the Fund’s investment goals, risks, charges, and expenses. For a prospectus containing this and other information, contact your financial advisor or visit our literature library. Read it carefully before investing.
