There is no guarantee that any of the funds will achieve their stated objectives. For detailed information on the specific risks associated with each fund, please view the fund overview by clicking on the fund name above.
1 Goal classifications represent common investor concerns when evaluating portfolio needs, are provided for informational purposes only, and are not intended to be relied upon as investment advice or recommendations.
2 Leverage typically magnifies the total return of a fund’s portfolio, whether that return is positive or negative, and creates an opportunity for increased common share net income as well as higher volatility of net asset value, market price, and distributions. There is no assurance that a fund’s leveraging strategy will be successful.
3 Potential distribution sources include net investment income, realized gains and return of capital.
4 Different types of asset investments have different types of risks, which may provide higher returns but also greater volatility. In general, equity securities tend to be more volatile that fixed income securities. The value of, and income generated by, debt securities will decrease or increase based on changes in market interest rates. As interest rates risk, bond prices fall. In general, below investment grade (high-yield) debt securities tend to be more volatile than investment grade securities. Preferred securities are subordinated to bonds and other debt instruments in a company's capital structure, and therefore are subject to greater credit risk. The interest and principal payments of U.S. Treasury securities are guaranteed.
5 Income may be subject to state and local income taxes and the alternative minimum tax. Capital gains, if any, will be subject to capital gains tax.