![]() ![]() It reflects dividends and interest ("income") earned during the most recent 30-day period after the deduction of the fund’s expenses and is calculated by dividing the income per share by the maximum offering share price on the last day of the period. ‡SEC 30-day yield is a standard yield calculation developed by the SEC that allows for fairer comparisons of bond funds. This rate does not represent the total return of a fund. †The annualized rate an investor would receive if the most recent fund distribution stayed the same going forward. Returns reflect the reinvestment of dividends. Partial year returns are cumulative, not annualized. For additional information, see the fund's prospectus.ĭata is subject to change on a daily basis. ![]() Class C-shares have a maximum CDSC of 1% for shares redeemed within 12 months of purchase. For performance periods that begin prior to, a 4.75% load was used and for performance periods that begin after, a 4.00% load was used. Effective the A-Class maximum front-end sales charge was changed from 4.75% to 4.00%. Class A-shares have a maximum sales charge of 4.00%. Returns for performance under one year are cumulative, not annualized. Load performance reflects maximum sales charges or contingent deferred sales charges (CDSC) as applicable. Current performance may be lower or higher than the performance data quoted. Investment returns and principal value will fluctuate so that when shares are redeemed, they may be worth more or less than original cost. Performance displayed represents past performance which is no guarantee of future results. Past performance is no guarantee of future results. ![]() Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of its information. The information contained herein: (1) is proprietary of Morningstar and /or its content providers (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. 5-year, and 10-year (if applicable) Morningstar Rating metrics. The Overall Morningstar Rating is derived from a weighted average of the performance figures associated with its 3-year. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. Exchange-traded funds and open-end mutual funds are considered a single population for comparative purposes. The Morningstar Rating for funds, or “star rating”, is calculated for managed products with at least a three-year history and does not include the effect of sales charges. *As of, the Institutional Class was rated, based on its risk-adjusted returns, 4 stars Overall, 4 stars for 3 years, 3 stars for 5 years, and 5 stars for 10 years among 295, 295, 253, and 137 Nontraditional Bond funds, respectively. ![]()
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