MLP & Energy Opportunity Fund
The investment objective of the Fund is to provide attractive total return, comprised of current income and price appreciation. The fund invests in energy infrastructure companies, including midstream corporations, master limited partnerships, utilities, downstream and energy transition related opportunities.
Investors under-allocated to energy
There is a growing disconnect between energy sector earnings and its weight in the S&P 500
Inflation mitigation
In high inflation environments, businesses with pricing power, high margins and fixed rate debt should outperform; midstream energy companies typically offer all three
Unique approach
Designed for attractive risk adjusted returns and competitive yield
MLP & Energy Opportunity Fund
Total Net Assets
$112.81 M
YTD Returns
0.00%
SEC Yield
0.94%
Distribution Yield
3.63%
No. of Holdings
44
Gross Expense Ratio
1.55%
Net Expense Ratio
1.25%
Inception Date
12/20/13
(At 8/31/23)
Top Holdings
June 30, 2023
| Name | Sectors | % of Market Value |
|---|---|---|
| Enterprise Products Partners | Diversified | 9.8% |
| Cheniere Energy Inc. | LNG exports | 8.4% |
| TC Energy Corp | Natural gas pipelines | 8.1% |
| Kinder Morgan Inc. | Diversified | 7.8% |
| Targa Resources Corp. | Gathering & processing | 5% |
| Energy Transfer LP | Diversified | 4.9% |
| Enbridge Inc. | Crude / products pipes | 4.2% |
| Phillips 66 | Refining | 4.1% |
| Marathon Petroleum Corporation | Refining | 3.9% |
| Oneok Inc. | Gathering & processing | 3.5% |
The mention of specific investments is not a recommendation or solicitation to buy, sell or hold any particular security, swap or futures investment. Holdings are subject to change without notice.
PORTFOLIO MANAGERS
Morningstar rating
August 31, 2023
| Name | Rating | Category | Funds in category |
|---|---|---|---|
| Overall | Energy Limited Partnership | 100 | |
| Three year | Energy Limited Partnership | 100 | |
| Five year | Energy Limited Partnership | 91 |
Based on risk-adjusted returns.
LITERATURE
Total Returns (A Share Class)
Calculated monthly
As of August 31, 2023
| Period | Excluding Sales Charge | Including Sales Charge | Linked Benchmark | S&P 500 Index |
|---|---|---|---|---|
| YTD | 5.20% | 0.47% | 5.08% | 18.73% |
| 1 Year | 3.49% | -1.17% | 4.13% | 15.94% |
| 3 Year | 23.67% | 21.78% | 22.50% | 10.53% |
| 5 Year | 3.33% | 2.38% | 5.92% | 11.12% |
| Since Inception (12/20/13) | 1.84% | 1.36% | 3.73% | 11.92% |
YTD
Excluding Sales Charge
5.20%Including Sales Charge
0.47%Linked Benchmark
5.08%S&P 500 Index
18.73%1 Year
Excluding Sales Charge
3.49%Including Sales Charge
-1.17%Linked Benchmark
4.13%S&P 500 Index
15.94%3 Year
Excluding Sales Charge
23.67%Including Sales Charge
21.78%Linked Benchmark
22.50%S&P 500 Index
10.53%5 Year
Excluding Sales Charge
3.33%Including Sales Charge
2.38%Linked Benchmark
5.92%S&P 500 Index
11.12%Since Inception (12/20/13)
Excluding Sales Charge
1.84%Including Sales Charge
1.36%Linked Benchmark
3.73%S&P 500 Index
11.92%Total Returns (A Share Class)
Calculated quarterly
As of June 30, 2023
| Period | Excluding Sales Charge | Including Sales Charge | Linked Benchmark | S&P 500 Index |
|---|---|---|---|---|
| YTD | 1.94% | -2.64% | 1.75% | 16.89% |
| QTD | 1.39% | -3.18% | 0.94% | 8.74% |
| 1 Year | 9.48% | 4.55% | 10.54% | 19.59% |
| 3 Year | 22.72% | 20.85% | 21.87% | 14.61% |
| 5 Year | 3.26% | 2.31% | 5.72% | 12.31% |
| Since Inception (12/20/13) | 1.54% | 1.05% | 3.45% | 11.96% |
YTD
Excluding Sales Charge
1.94%Including Sales Charge
-2.64%Linked Benchmark
1.75%S&P 500 Index
16.89%QTD
Excluding Sales Charge
1.39%Including Sales Charge
-3.18%Linked Benchmark
0.94%S&P 500 Index
8.74%1 Year
Excluding Sales Charge
9.48%Including Sales Charge
4.55%Linked Benchmark
10.54%S&P 500 Index
19.59%3 Year
Excluding Sales Charge
22.72%Including Sales Charge
20.85%Linked Benchmark
21.87%S&P 500 Index
14.61%5 Year
Excluding Sales Charge
3.26%Including Sales Charge
2.31%Linked Benchmark
5.72%S&P 500 Index
12.31%Since Inception (12/20/13)
Excluding Sales Charge
1.54%Including Sales Charge
1.05%Linked Benchmark
3.45%S&P 500 Index
11.96%Share classes have different investment minimums, expense structures and sales charges, which are detailed in the Fund prospectus.
Performance data quoted represents past performance. Past performance is no guarantee of future results. Current performance may be lower or higher than the performance quoted. The investment return and the principal value of an investment will fluctuate and shares, when redeemed, may be worth more or less than their original cost. Periods greater than 12 months are annualized. Returns are historical and include change in share price and reinvestment of all distributions.
An investor cannot invest directly in an index and index performance does not reflect the deduction of any fees, expenses or taxes. Index comparisons have limitations as volatility and other characteristics may differ from a particular investment. For index definitions, please visit www.cohenandsteers.com/indexdefinitions.
Gross Expense Ratio: 1.68%
Net Expense Ratio: 1.25%
The Net Expense Ratio reflects a contractual commitment by the Fund’s investment advisor to waive its fees and/or reimburse expenses through June 30, 2023. Absent such arrangements, returns would have been lower. Please see the prospectus for details.
View: Sector Diversification Geographic Diversification
Sector Diversification
As of June 30, 2023
| Sector | % of Fund | % of Benchmark | % Underweight/Overweight |
|---|---|---|---|
| Diversified | 26.27% | 31.06% | -4.79% |
| Utilities | 18.28% | 20% | -1.72% |
| Gathering & processing | 13.32% | 10.91% | +2.41% |
| Crude / products pipes | 9.27% | 10.94% | -1.67% |
| LNG exports | 8.92% | 7.01% | +1.91% |
| Refining | 8.27% | 10% | -1.73% |
| Natural gas pipelines | 8.14% | 6.83% | +1.31% |
| Other Assets | 3.46% | 0.23% | +3.23% |
| Storage / terminals | 2.35% | 0.69% | +1.66% |
| Gathering | 1% | 2.23% | -1.23% |
| Water | 0.69% | 0.08% | +0.61% |
| Cash | 0.05% | - | +0.05% |
Diversified
% of Fund
26.27%% of Benchmark
31.06%% Underweight/Overweight
-4.79%Utilities
% of Fund
18.28%% of Benchmark
20%% Underweight/Overweight
-1.72%Gathering & processing
% of Fund
13.32%% of Benchmark
10.91%% Underweight/Overweight
+2.41%Crude / products pipes
% of Fund
9.27%% of Benchmark
10.94%% Underweight/Overweight
-1.67%LNG exports
% of Fund
8.92%% of Benchmark
7.01%% Underweight/Overweight
+1.91%Refining
% of Fund
8.27%% of Benchmark
10%% Underweight/Overweight
-1.73%Natural gas pipelines
% of Fund
8.14%% of Benchmark
6.83%% Underweight/Overweight
+1.31%Other Assets
% of Fund
3.46%% of Benchmark
0.23%% Underweight/Overweight
+3.23%Storage / terminals
% of Fund
2.35%% of Benchmark
0.69%% Underweight/Overweight
+1.66%Gathering
% of Fund
1%% of Benchmark
2.23%% Underweight/Overweight
-1.23%Water
% of Fund
0.69%% of Benchmark
0.08%% Underweight/Overweight
+0.61%Cash
% of Fund
0.05%% of Benchmark
0%% Underweight/Overweight
+0.05%Geographic Diversification
As of June 30, 2023
| Sector | % of Fund | % of Benchmark | % Underweight/Overweight |
|---|---|---|---|
| United States | 80.48% | 81.94% | -1.46% |
| Canada | 18.78% | 18.06% | 0.72% |
| Netherlands | 0.68% | - | 0.68% |
| Cash | 0.05% | - | 0.05% |
United States
% of Fund
80.48%% of Benchmark
81.94%% Underweight/Overweight
-1.46%Canada
% of Fund
18.78%% of Benchmark
18.06%% Underweight/Overweight
0.72%Netherlands
% of Fund
0.68%% of Benchmark
0%% Underweight/Overweight
0.68%Cash
% of Fund
0.05%% of Benchmark
0%% Underweight/Overweight
0.05%Portfolio weights are subject to change without notice. Due to rounding, values might not add up to 100%. The mention of specific securities is not a recommendation or solicitation to buy, sell or hold any particular security.
Distribution Information
This fund intends to make quarterly distributions.
| Pay Date | Record Date | Ex-Dividend Date | Type | Class | Amount/Share |
|---|---|---|---|---|---|
| 6/30/23 | 6/29/23 | 6/30/23 | Regular | I | $0.085 |
| Regular | A | $0.078 | |||
| Regular | C | $0.065 | |||
| Regular | Z | $0.085 | |||
| Regular | R | $0.075 | |||
| 3/31/23 | 3/30/23 | 3/31/23 | Regular | I | $0.08 |
| Regular | A | $0.073 | |||
| Regular | C | $0.058 | |||
| Regular | Z | $0.08 | |||
| Regular | R | $0.069 | |||
| 12/8/22 | 12/7/22 | 12/8/22 | Regular | I | $0.077 |
| Regular | A | $0.07 | |||
| Regular | C | $0.056 | |||
| Regular | Z | $0.077 | |||
| Regular | R | $0.067 | |||
| 9/30/22 | 9/29/22 | 9/30/22 | Regular | I | $0.079 |
| Regular | A | $0.072 | |||
| Regular | C | $0.057 | |||
| Regular | Z | $0.079 | |||
| Regular | R | $0.068 | |||
| 6/30/22 | 6/29/22 | 6/30/22 | Regular | I | $0.073 |
| Regular | A | $0.066 | |||
| Regular | C | $0.053 | |||
| Regular | Z | $0.073 | |||
| Regular | R | $0.064 | |||
| 3/31/22 | 3/30/22 | 3/31/22 | Regular | I | $0.058 |
| Regular | A | $0.053 | |||
| Regular | C | $0.04 | |||
| Regular | Z | $0.058 | |||
| Regular | R | $0.049 | |||
| 12/9/21 | 12/8/21 | 12/9/21 | Regular | I | $0.07 |
| Regular | A | $0.064 | |||
| Regular | C | $0.052 | |||
| Regular | Z | $0.07 | |||
| Regular | R | $0.061 | |||
| 9/30/21 | 9/29/21 | 9/30/21 | Regular | I | $0.061 |
| Regular | A | $0.055 | |||
| Regular | C | $0.044 | |||
| Regular | Z | $0.061 | |||
| Regular | R | $0.052 | |||
| 6/30/21 | 6/29/21 | 6/30/21 | Regular | I | $0.059 |
| Regular | A | $0.053 | |||
| Regular | C | $0.042 | |||
| Regular | Z | $0.059 | |||
| Regular | R | $0.051 | |||
| 3/31/21 | 3/30/21 | 3/31/21 | Regular | I | $0.066 |
| Regular | A | $0.062 | |||
| Regular | C | $0.052 | |||
| Regular | Z | $0.066 | |||
| Regular | R | $0.059 | |||
| 12/10/20 | 12/9/20 | 12/10/20 | Regular | I | $0.073 |
| Regular | A | $0.069 | |||
| Regular | C | $0.061 | |||
| Regular | Z | $0.073 | |||
| Regular | R | $0.067 | |||
| 9/30/20 | 9/29/20 | 9/30/20 | Regular | I | $0.084 |
| Regular | A | $0.079 | |||
| Regular | C | $0.071 | |||
| Regular | Z | $0.084 | |||
| Regular | R | $0.078 | |||
| 6/30/20 | 6/29/20 | 6/30/20 | Regular | I | $0.055 |
| Regular | A | $0.051 | |||
| Regular | C | $0.043 | |||
| Regular | Z | $0.055 | |||
| Regular | R | $0.044 | |||
| 3/31/20 | 3/30/20 | 3/31/20 | Regular | I | $0.116 |
| Regular | A | $0.109 | |||
| Regular | C | $0.1 | |||
| Regular | Z | $0.116 | |||
| Regular | R | $0.105 | |||
| 12/4/19 | 12/3/19 | 12/4/19 | Regular | I | $0.113 |
| Regular | A | $0.106 | |||
| Regular | C | $0.095 | |||
| Regular | Z | $0.113 | |||
| Regular | R | $0.104 | |||
| 9/30/19 | 9/27/19 | 9/30/19 | Regular | I | $0.1 |
| Regular | A | $0.093 | |||
| Regular | C | $0.081 | |||
| Regular | Z | $0.1 | |||
| Regular | R | $0.092 | |||
| 6/28/19 | 6/27/19 | 6/28/19 | Regular | I | $0.093 |
| Regular | A | $0.087 | |||
| Regular | C | $0.073 | |||
| Regular | Z | $0.093 | |||
| Regular | R | $0.079 | |||
| 3/29/19 | 3/28/19 | 3/29/19 | Regular | I | $0.078 |
| Regular | A | $0.071 | |||
| Regular | C | $0.059 | |||
| Regular | Z | $0.078 | |||
| Regular | R | $0.068 | |||
| 12/6/18 | 12/4/18 | 12/6/18 | Regular | I | $0.078 |
| Regular | A | $0.071 | |||
| Regular | C | $0.058 | |||
| Regular | Z | $0.078 | |||
| Regular | R | $0.068 | |||
| 9/28/18 | 9/27/18 | 9/28/18 | Regular | I | $0.081 |
| Regular | A | $0.073 | |||
| Regular | C | $0.059 | |||
| Regular | Z | $0.081 | |||
| Regular | R | $0.069 | |||
| 6/29/18 | 6/28/18 | 6/29/18 | Regular | I | $0.066 |
| Regular | A | $0.059 | |||
| Regular | C | $0.047 | |||
| Regular | Z | $0.066 | |||
| Regular | R | $0.06 | |||
| 3/29/18 | 3/28/18 | 3/29/18 | Regular | I | $0.084 |
| Regular | A | $0.077 | |||
| Regular | C | $0.065 | |||
| Regular | Z | $0.084 | |||
| Regular | R | $0.075 | |||
| 12/6/17 | 12/5/17 | 12/6/17 | Regular | I | $0.084 |
| Regular | A | $0.078 | |||
| Regular | C | $0.065 | |||
| Regular | Z | $0.084 | |||
| Regular | R | $0.075 | |||
| 9/29/17 | 9/28/17 | 9/29/17 | Regular | I | $0.082 |
| Regular | A | $0.074 | |||
| Regular | C | $0.06 | |||
| Regular | Z | $0.082 | |||
| Regular | R | $0.072 | |||
| 6/30/17 | 6/29/17 | 6/30/17 | Regular | I | $0.077 |
| Regular | A | $0.069 | |||
| Regular | C | $0.055 | |||
| Regular | Z | $0.077 | |||
| Regular | R | $0.067 | |||
| 3/31/17 | 3/30/17 | 3/31/17 | Regular | I | $0.08 |
| Regular | A | $0.073 | |||
| Regular | C | $0.058 | |||
| Regular | Z | $0.08 | |||
| Regular | R | $0.07 | |||
| 12/8/16 | 12/7/16 | 12/8/16 | Regular | I | $0.076 |
| Regular | A | $0.069 | |||
| Regular | C | $0.056 | |||
| Regular | Z | $0.076 | |||
| Regular | R | $0.066 | |||
| 9/30/16 | 9/29/16 | 9/30/16 | Regular | I | $0.076 |
| Regular | A | $0.069 | |||
| Regular | C | $0.056 | |||
| Regular | Z | $0.076 | |||
| Regular | R | $0.067 | |||
| 6/30/16 | 6/29/16 | 6/30/16 | Regular | I | $0.097 |
| Regular | A | $0.091 | |||
| Regular | C | $0.079 | |||
| Regular | Z | $0.097 | |||
| Regular | R | $0.079 | |||
| 3/31/16 | 3/30/16 | 3/31/16 | Regular | I | $0.073 |
| Regular | A | $0.069 | |||
| Regular | C | $0.058 | |||
| Regular | Z | $0.073 | |||
| Regular | R | $0.066 |
| Pay Date | Record Date | Ex-Dividend Date |
|---|---|---|
| 6/30/23 | 6/29/23 | 6/30/23 |
|
Type Regular |
Class I |
Amount/Share 0.085 |
|
Type Regular |
Class A |
Amount/Share 0.078 |
|
Type Regular |
Class C |
Amount/Share 0.065 |
|
Type Regular |
Class Z |
Amount/Share 0.085 |
|
Type Regular |
Class R |
Amount/Share 0.075 |
| 3/31/23 | 3/30/23 | 3/31/23 |
|
Type Regular |
Class I |
Amount/Share 0.08 |
|
Type Regular |
Class A |
Amount/Share 0.073 |
|
Type Regular |
Class C |
Amount/Share 0.058 |
|
Type Regular |
Class Z |
Amount/Share 0.08 |
|
Type Regular |
Class R |
Amount/Share 0.069 |
| 12/8/22 | 12/7/22 | 12/8/22 |
|
Type Regular |
Class I |
Amount/Share 0.077 |
|
Type Regular |
Class A |
Amount/Share 0.07 |
|
Type Regular |
Class C |
Amount/Share 0.056 |
|
Type Regular |
Class Z |
Amount/Share 0.077 |
|
Type Regular |
Class R |
Amount/Share 0.067 |
| 9/30/22 | 9/29/22 | 9/30/22 |
|
Type Regular |
Class I |
Amount/Share 0.079 |
|
Type Regular |
Class A |
Amount/Share 0.072 |
|
Type Regular |
Class C |
Amount/Share 0.057 |
|
Type Regular |
Class Z |
Amount/Share 0.079 |
|
Type Regular |
Class R |
Amount/Share 0.068 |
| 6/30/22 | 6/29/22 | 6/30/22 |
|
Type Regular |
Class I |
Amount/Share 0.073 |
|
Type Regular |
Class A |
Amount/Share 0.066 |
|
Type Regular |
Class C |
Amount/Share 0.053 |
|
Type Regular |
Class Z |
Amount/Share 0.073 |
|
Type Regular |
Class R |
Amount/Share 0.064 |
| 3/31/22 | 3/30/22 | 3/31/22 |
|
Type Regular |
Class I |
Amount/Share 0.058 |
|
Type Regular |
Class A |
Amount/Share 0.053 |
|
Type Regular |
Class C |
Amount/Share 0.04 |
|
Type Regular |
Class Z |
Amount/Share 0.058 |
|
Type Regular |
Class R |
Amount/Share 0.049 |
| 12/9/21 | 12/8/21 | 12/9/21 |
|
Type Regular |
Class I |
Amount/Share 0.07 |
|
Type Regular |
Class A |
Amount/Share 0.064 |
|
Type Regular |
Class C |
Amount/Share 0.052 |
|
Type Regular |
Class Z |
Amount/Share 0.07 |
|
Type Regular |
Class R |
Amount/Share 0.061 |
| 9/30/21 | 9/29/21 | 9/30/21 |
|
Type Regular |
Class I |
Amount/Share 0.061 |
|
Type Regular |
Class A |
Amount/Share 0.055 |
|
Type Regular |
Class C |
Amount/Share 0.044 |
|
Type Regular |
Class Z |
Amount/Share 0.061 |
|
Type Regular |
Class R |
Amount/Share 0.052 |
| 6/30/21 | 6/29/21 | 6/30/21 |
|
Type Regular |
Class I |
Amount/Share 0.059 |
|
Type Regular |
Class A |
Amount/Share 0.053 |
|
Type Regular |
Class C |
Amount/Share 0.042 |
|
Type Regular |
Class Z |
Amount/Share 0.059 |
|
Type Regular |
Class R |
Amount/Share 0.051 |
| 3/31/21 | 3/30/21 | 3/31/21 |
|
Type Regular |
Class I |
Amount/Share 0.066 |
|
Type Regular |
Class A |
Amount/Share 0.062 |
|
Type Regular |
Class C |
Amount/Share 0.052 |
|
Type Regular |
Class Z |
Amount/Share 0.066 |
|
Type Regular |
Class R |
Amount/Share 0.059 |
| 12/10/20 | 12/9/20 | 12/10/20 |
|
Type Regular |
Class I |
Amount/Share 0.073 |
|
Type Regular |
Class A |
Amount/Share 0.069 |
|
Type Regular |
Class C |
Amount/Share 0.061 |
|
Type Regular |
Class Z |
Amount/Share 0.073 |
|
Type Regular |
Class R |
Amount/Share 0.067 |
| 9/30/20 | 9/29/20 | 9/30/20 |
|
Type Regular |
Class I |
Amount/Share 0.084 |
|
Type Regular |
Class A |
Amount/Share 0.079 |
|
Type Regular |
Class C |
Amount/Share 0.071 |
|
Type Regular |
Class Z |
Amount/Share 0.084 |
|
Type Regular |
Class R |
Amount/Share 0.078 |
| 6/30/20 | 6/29/20 | 6/30/20 |
|
Type Regular |
Class I |
Amount/Share 0.055 |
|
Type Regular |
Class A |
Amount/Share 0.051 |
|
Type Regular |
Class C |
Amount/Share 0.043 |
|
Type Regular |
Class Z |
Amount/Share 0.055 |
|
Type Regular |
Class R |
Amount/Share 0.044 |
| 3/31/20 | 3/30/20 | 3/31/20 |
|
Type Regular |
Class I |
Amount/Share 0.116 |
|
Type Regular |
Class A |
Amount/Share 0.109 |
|
Type Regular |
Class C |
Amount/Share 0.1 |
|
Type Regular |
Class Z |
Amount/Share 0.116 |
|
Type Regular |
Class R |
Amount/Share 0.105 |
| 12/4/19 | 12/3/19 | 12/4/19 |
|
Type Regular |
Class I |
Amount/Share 0.113 |
|
Type Regular |
Class A |
Amount/Share 0.106 |
|
Type Regular |
Class C |
Amount/Share 0.095 |
|
Type Regular |
Class Z |
Amount/Share 0.113 |
|
Type Regular |
Class R |
Amount/Share 0.104 |
| 9/30/19 | 9/27/19 | 9/30/19 |
|
Type Regular |
Class I |
Amount/Share 0.1 |
|
Type Regular |
Class A |
Amount/Share 0.093 |
|
Type Regular |
Class C |
Amount/Share 0.081 |
|
Type Regular |
Class Z |
Amount/Share 0.1 |
|
Type Regular |
Class R |
Amount/Share 0.092 |
| 6/28/19 | 6/27/19 | 6/28/19 |
|
Type Regular |
Class I |
Amount/Share 0.093 |
|
Type Regular |
Class A |
Amount/Share 0.087 |
|
Type Regular |
Class C |
Amount/Share 0.073 |
|
Type Regular |
Class Z |
Amount/Share 0.093 |
|
Type Regular |
Class R |
Amount/Share 0.079 |
| 3/29/19 | 3/28/19 | 3/29/19 |
|
Type Regular |
Class I |
Amount/Share 0.078 |
|
Type Regular |
Class A |
Amount/Share 0.071 |
|
Type Regular |
Class C |
Amount/Share 0.059 |
|
Type Regular |
Class Z |
Amount/Share 0.078 |
|
Type Regular |
Class R |
Amount/Share 0.068 |
| 12/6/18 | 12/4/18 | 12/6/18 |
|
Type Regular |
Class I |
Amount/Share 0.078 |
|
Type Regular |
Class A |
Amount/Share 0.071 |
|
Type Regular |
Class C |
Amount/Share 0.058 |
|
Type Regular |
Class Z |
Amount/Share 0.078 |
|
Type Regular |
Class R |
Amount/Share 0.068 |
| 9/28/18 | 9/27/18 | 9/28/18 |
|
Type Regular |
Class I |
Amount/Share 0.081 |
|
Type Regular |
Class A |
Amount/Share 0.073 |
|
Type Regular |
Class C |
Amount/Share 0.059 |
|
Type Regular |
Class Z |
Amount/Share 0.081 |
|
Type Regular |
Class R |
Amount/Share 0.069 |
| 6/29/18 | 6/28/18 | 6/29/18 |
|
Type Regular |
Class I |
Amount/Share 0.066 |
|
Type Regular |
Class A |
Amount/Share 0.059 |
|
Type Regular |
Class C |
Amount/Share 0.047 |
|
Type Regular |
Class Z |
Amount/Share 0.066 |
|
Type Regular |
Class R |
Amount/Share 0.06 |
| 3/29/18 | 3/28/18 | 3/29/18 |
|
Type Regular |
Class I |
Amount/Share 0.084 |
|
Type Regular |
Class A |
Amount/Share 0.077 |
|
Type Regular |
Class C |
Amount/Share 0.065 |
|
Type Regular |
Class Z |
Amount/Share 0.084 |
|
Type Regular |
Class R |
Amount/Share 0.075 |
| 12/6/17 | 12/5/17 | 12/6/17 |
|
Type Regular |
Class I |
Amount/Share 0.084 |
|
Type Regular |
Class A |
Amount/Share 0.078 |
|
Type Regular |
Class C |
Amount/Share 0.065 |
|
Type Regular |
Class Z |
Amount/Share 0.084 |
|
Type Regular |
Class R |
Amount/Share 0.075 |
| 9/29/17 | 9/28/17 | 9/29/17 |
|
Type Regular |
Class I |
Amount/Share 0.082 |
|
Type Regular |
Class A |
Amount/Share 0.074 |
|
Type Regular |
Class C |
Amount/Share 0.06 |
|
Type Regular |
Class Z |
Amount/Share 0.082 |
|
Type Regular |
Class R |
Amount/Share 0.072 |
| 6/30/17 | 6/29/17 | 6/30/17 |
|
Type Regular |
Class I |
Amount/Share 0.077 |
|
Type Regular |
Class A |
Amount/Share 0.069 |
|
Type Regular |
Class C |
Amount/Share 0.055 |
|
Type Regular |
Class Z |
Amount/Share 0.077 |
|
Type Regular |
Class R |
Amount/Share 0.067 |
| 3/31/17 | 3/30/17 | 3/31/17 |
|
Type Regular |
Class I |
Amount/Share 0.08 |
|
Type Regular |
Class A |
Amount/Share 0.073 |
|
Type Regular |
Class C |
Amount/Share 0.058 |
|
Type Regular |
Class Z |
Amount/Share 0.08 |
|
Type Regular |
Class R |
Amount/Share 0.07 |
| 12/8/16 | 12/7/16 | 12/8/16 |
|
Type Regular |
Class I |
Amount/Share 0.076 |
|
Type Regular |
Class A |
Amount/Share 0.069 |
|
Type Regular |
Class C |
Amount/Share 0.056 |
|
Type Regular |
Class Z |
Amount/Share 0.076 |
|
Type Regular |
Class R |
Amount/Share 0.066 |
| 9/30/16 | 9/29/16 | 9/30/16 |
|
Type Regular |
Class I |
Amount/Share 0.076 |
|
Type Regular |
Class A |
Amount/Share 0.069 |
|
Type Regular |
Class C |
Amount/Share 0.056 |
|
Type Regular |
Class Z |
Amount/Share 0.076 |
|
Type Regular |
Class R |
Amount/Share 0.067 |
| 6/30/16 | 6/29/16 | 6/30/16 |
|
Type Regular |
Class I |
Amount/Share 0.097 |
|
Type Regular |
Class A |
Amount/Share 0.091 |
|
Type Regular |
Class C |
Amount/Share 0.079 |
|
Type Regular |
Class Z |
Amount/Share 0.097 |
|
Type Regular |
Class R |
Amount/Share 0.079 |
| 3/31/16 | 3/30/16 | 3/31/16 |
|
Type Regular |
Class I |
Amount/Share 0.073 |
|
Type Regular |
Class A |
Amount/Share 0.069 |
|
Type Regular |
Class C |
Amount/Share 0.058 |
|
Type Regular |
Class Z |
Amount/Share 0.073 |
|
Type Regular |
Class R |
Amount/Share 0.066 |
Estimated Sources of Distribution
| Pay Date | Class | Per Share Distribution | Net Investment Income | Return Of Capital | Long Term Gain | Short Term Gain |
|---|---|---|---|---|---|---|
| 6/30/23 | I | $0.085 | $0.02 | $0.065 | $0 | $0 |
| 6/30/23 | A | $0.078 | $0.013 | $0.065 | $0 | $0 |
| 6/30/23 | C | $0.065 | $0 | $0.065 | $0 | $0 |
| 6/30/23 | Z | $0.085 | $0.02 | $0.065 | $0 | $0 |
| 6/30/23 | R | $0.075 | $0.01 | $0.065 | $0 | $0 |
| 3/31/23 | I | $0.08 | $0.034 | $0.046 | $0 | $0 |
| 3/31/23 | A | $0.073 | $0.027 | $0.046 | $0 | $0 |
| 3/31/23 | C | $0.058 | $0.012 | $0.046 | $0 | $0 |
| 3/31/23 | Z | $0.08 | $0.034 | $0.046 | $0 | $0 |
| 3/31/23 | R | $0.069 | $0.023 | $0.046 | $0 | $0 |
| 12/8/22 | I | $0.077 | $0.03 | $0.047 | $0 | $0 |
| 12/8/22 | A | $0.07 | $0.023 | $0.047 | $0 | $0 |
| 12/8/22 | C | $0.056 | $0.009 | $0.047 | $0 | $0 |
| 12/8/22 | Z | $0.077 | $0.03 | $0.047 | $0 | $0 |
| 12/8/22 | R | $0.067 | $0.02 | $0.047 | $0 | $0 |
| 9/30/22 | I | $0.079 | $0.022 | $0.057 | $0 | $0 |
| 9/30/22 | A | $0.072 | $0.015 | $0.057 | $0 | $0 |
| 9/30/22 | C | $0.057 | $0 | $0.057 | $0 | $0 |
| 9/30/22 | Z | $0.079 | $0.022 | $0.057 | $0 | $0 |
| 9/30/22 | R | $0.068 | $0.011 | $0.057 | $0 | $0 |
| 6/30/22 | I | $0.073 | $0.023 | $0.05 | $0 | $0 |
| 6/30/22 | A | $0.066 | $0.016 | $0.05 | $0 | $0 |
| 6/30/22 | C | $0.053 | $0.003 | $0.05 | $0 | $0 |
| 6/30/22 | Z | $0.073 | $0.023 | $0.05 | $0 | $0 |
| 6/30/22 | R | $0.064 | $0.014 | $0.05 | $0 | $0 |
| 3/31/22 | I | $0.058 | $0.023 | $0.035 | $0 | $0 |
| 3/31/22 | A | $0.053 | $0.018 | $0.035 | $0 | $0 |
| 3/31/22 | C | $0.04 | $0.005 | $0.035 | $0 | $0 |
| 3/31/22 | Z | $0.058 | $0.023 | $0.035 | $0 | $0 |
| 3/31/22 | R | $0.049 | $0.014 | $0.035 | $0 | $0 |
| 12/9/21 | I | $0.07 | $0.021 | $0.049 | $0 | $0 |
| 12/9/21 | A | $0.064 | $0.015 | $0.049 | $0 | $0 |
| 12/9/21 | C | $0.052 | $0.003 | $0.049 | $0 | $0 |
| 12/9/21 | Z | $0.07 | $0.021 | $0.049 | $0 | $0 |
| 12/9/21 | R | $0.061 | $0.012 | $0.049 | $0 | $0 |
| 9/30/21 | I | $0.061 | $0 | $0.061 | $0 | $0 |
| 9/30/21 | A | $0.055 | $0 | $0.055 | $0 | $0 |
| 9/30/21 | C | $0.044 | $0 | $0.044 | $0 | $0 |
| 9/30/21 | Z | $0.061 | $0 | $0.061 | $0 | $0 |
| 9/30/21 | R | $0.052 | $0 | $0.052 | $0 | $0 |
| 6/30/21 | I | $0.059 | $0 | $0.059 | $0 | $0 |
| 6/30/21 | A | $0.053 | $0 | $0.053 | $0 | $0 |
| 6/30/21 | C | $0.042 | $0 | $0.042 | $0 | $0 |
| 6/30/21 | Z | $0.059 | $0 | $0.059 | $0 | $0 |
| 6/30/21 | R | $0.051 | $0 | $0.051 | $0 | $0 |
| 3/31/21 | I | $0.066 | $0.009 | $0.057 | $0 | $0 |
| 3/31/21 | A | $0.062 | $0.005 | $0.057 | $0 | $0 |
| 3/31/21 | C | $0.052 | $0 | $0.052 | $0 | $0 |
| 3/31/21 | Z | $0.066 | $0.009 | $0.057 | $0 | $0 |
| 3/31/21 | R | $0.059 | $0.002 | $0.057 | $0 | $0 |
| 12/10/20 | I | $0.073 | $0.03 | $0.043 | $0 | $0 |
| 12/10/20 | A | $0.069 | $0.026 | $0.043 | $0 | $0 |
| 12/10/20 | C | $0.061 | $0.018 | $0.043 | $0 | $0 |
| 12/10/20 | Z | $0.073 | $0.03 | $0.043 | $0 | $0 |
| 12/10/20 | R | $0.067 | $0.024 | $0.043 | $0 | $0 |
| 9/30/20 | I | $0.084 | $0.022 | $0.062 | $0 | $0 |
| 9/30/20 | A | $0.079 | $0.017 | $0.062 | $0 | $0 |
| 9/30/20 | C | $0.071 | $0.009 | $0.062 | $0 | $0 |
| 9/30/20 | Z | $0.084 | $0.022 | $0.062 | $0 | $0 |
| 9/30/20 | R | $0.078 | $0.016 | $0.062 | $0 | $0 |
| 6/30/20 | I | $0.055 | $0 | $0.055 | $0 | $0 |
| 6/30/20 | A | $0.051 | $0 | $0.051 | $0 | $0 |
| 6/30/20 | C | $0.043 | $0 | $0.043 | $0 | $0 |
| 6/30/20 | Z | $0.055 | $0 | $0.055 | $0 | $0 |
| 6/30/20 | R | $0.044 | $0 | $0.044 | $0 | $0 |
| 3/31/20 | I | $0.116 | $0.047 | $0.069 | $0 | $0 |
| 3/31/20 | A | $0.109 | $0.04 | $0.069 | $0 | $0 |
| 3/31/20 | C | $0.1 | $0.031 | $0.069 | $0 | $0 |
| 3/31/20 | Z | $0.116 | $0.047 | $0.069 | $0 | $0 |
| 3/31/20 | R | $0.105 | $0.036 | $0.069 | $0 | $0 |
| 12/4/19 | I | $0.113 | $0.046 | $0.067 | $0 | $0 |
| 12/4/19 | A | $0.106 | $0.039 | $0.067 | $0 | $0 |
| 12/4/19 | C | $0.095 | $0.028 | $0.067 | $0 | $0 |
| 12/4/19 | Z | $0.113 | $0.046 | $0.067 | $0 | $0 |
| 12/4/19 | R | $0.104 | $0.037 | $0.067 | $0 | $0 |
| 9/30/19 | I | $0.1 | $0.026 | $0.074 | $0 | $0 |
| 9/30/19 | A | $0.093 | $0.019 | $0.074 | $0 | $0 |
| 9/30/19 | C | $0.081 | $0.007 | $0.074 | $0 | $0 |
| 9/30/19 | Z | $0.1 | $0.026 | $0.074 | $0 | $0 |
| 9/30/19 | R | $0.092 | $0.018 | $0.074 | $0 | $0 |
| 6/28/19 | I | $0.093 | $0.02 | $0.073 | $0 | $0 |
| 6/28/19 | A | $0.087 | $0.014 | $0.073 | $0 | $0 |
| 6/28/19 | C | $0.073 | $0 | $0.073 | $0 | $0 |
| 6/28/19 | Z | $0.093 | $0.02 | $0.073 | $0 | $0 |
| 6/28/19 | R | $0.079 | $0.006 | $0.073 | $0 | $0 |
| 3/29/19 | I | $0.078 | $0.014 | $0.064 | $0 | $0 |
| 3/29/19 | A | $0.071 | $0.007 | $0.064 | $0 | $0 |
| 3/29/19 | C | $0.059 | $0 | $0.059 | $0 | $0 |
| 3/29/19 | Z | $0.078 | $0.014 | $0.064 | $0 | $0 |
| 3/29/19 | R | $0.068 | $0.004 | $0.064 | $0 | $0 |
| 12/6/18 | I | $0.078 | $0.032 | $0.046 | $0 | $0 |
| 12/6/18 | A | $0.071 | $0.025 | $0.046 | $0 | $0 |
| 12/6/18 | C | $0.058 | $0.012 | $0.046 | $0 | $0 |
| 12/6/18 | Z | $0.078 | $0.032 | $0.046 | $0 | $0 |
| 12/6/18 | R | $0.068 | $0.022 | $0.046 | $0 | $0 |
| 9/28/18 | I | $0.081 | $0.023 | $0.058 | $0 | $0 |
| 9/28/18 | A | $0.073 | $0.015 | $0.058 | $0 | $0 |
| 9/28/18 | C | $0.059 | $0.001 | $0.058 | $0 | $0 |
| 9/28/18 | Z | $0.081 | $0.023 | $0.058 | $0 | $0 |
| 9/28/18 | R | $0.069 | $0.011 | $0.058 | $0 | $0 |
| 6/29/18 | I | $0.066 | $0.007 | $0.059 | $0 | $0 |
| 6/29/18 | A | $0.059 | $0 | $0.059 | $0 | $0 |
| 6/29/18 | C | $0.047 | $0 | $0.047 | $0 | $0 |
| 6/29/18 | Z | $0.066 | $0.007 | $0.059 | $0 | $0 |
| 6/29/18 | R | $0.06 | $0 | $0.06 | $0 | $0 |
| 3/29/18 | I | $0.084 | $0.024 | $0.06 | $0 | $0 |
| 3/29/18 | A | $0.077 | $0.017 | $0.06 | $0 | $0 |
| 3/29/18 | C | $0.065 | $0.005 | $0.06 | $0 | $0 |
| 3/29/18 | Z | $0.084 | $0.024 | $0.06 | $0 | $0 |
| 3/29/18 | R | $0.075 | $0.015 | $0.06 | $0 | $0 |
| 12/6/17 | I | $0.084 | $0.028 | $0.056 | $0 | $0 |
| 12/6/17 | A | $0.078 | $0.022 | $0.056 | $0 | $0 |
| 12/6/17 | C | $0.065 | $0.009 | $0.056 | $0 | $0 |
| 12/6/17 | Z | $0.084 | $0.028 | $0.056 | $0 | $0 |
| 12/6/17 | R | $0.075 | $0.019 | $0.056 | $0 | $0 |
| 9/29/17 | I | $0.082 | $0.035 | $0.047 | $0 | $0 |
| 9/29/17 | A | $0.074 | $0.027 | $0.047 | $0 | $0 |
| 9/29/17 | C | $0.06 | $0.013 | $0.047 | $0 | $0 |
| 9/29/17 | Z | $0.082 | $0.035 | $0.047 | $0 | $0 |
| 9/29/17 | R | $0.072 | $0.025 | $0.047 | $0 | $0 |
| 6/30/17 | I | $0.077 | $0.036 | $0.041 | $0 | $0 |
| 6/30/17 | A | $0.069 | $0.028 | $0.041 | $0 | $0 |
| 6/30/17 | C | $0.055 | $0.014 | $0.041 | $0 | $0 |
| 6/30/17 | Z | $0.077 | $0.036 | $0.041 | $0 | $0 |
| 6/30/17 | R | $0.067 | $0.026 | $0.041 | $0 | $0 |
| 3/31/17 | I | $0.08 | $0.026 | $0.054 | $0 | $0 |
| 3/31/17 | A | $0.073 | $0.019 | $0.054 | $0 | $0 |
| 3/31/17 | C | $0.058 | $0.004 | $0.054 | $0 | $0 |
| 3/31/17 | Z | $0.08 | $0.026 | $0.054 | $0 | $0 |
| 3/31/17 | R | $0.07 | $0.016 | $0.054 | $0 | $0 |
| 12/8/16 | I | $0.076 | $0.026 | $0.05 | $0 | $0 |
| 12/8/16 | A | $0.069 | $0.019 | $0.05 | $0 | $0 |
| 12/8/16 | C | $0.056 | $0.006 | $0.05 | $0 | $0 |
| 12/8/16 | Z | $0.076 | $0.026 | $0.05 | $0 | $0 |
| 12/8/16 | R | $0.066 | $0.016 | $0.05 | $0 | $0 |
| 9/30/16 | I | $0.076 | $0.063 | $0.013 | $0 | $0 |
| 9/30/16 | A | $0.069 | $0.056 | $0.013 | $0 | $0 |
| 9/30/16 | C | $0.056 | $0.043 | $0.013 | $0 | $0 |
| 9/30/16 | Z | $0.076 | $0.063 | $0.013 | $0 | $0 |
| 9/30/16 | R | $0.067 | $0.054 | $0.013 | $0 | $0 |
| 6/30/16 | I | $0.097 | $0.043 | $0.054 | $0 | $0 |
| 6/30/16 | A | $0.091 | $0.037 | $0.054 | $0 | $0 |
| 6/30/16 | C | $0.079 | $0.025 | $0.054 | $0 | $0 |
| 6/30/16 | Z | $0.097 | $0.043 | $0.054 | $0 | $0 |
| 6/30/16 | R | $0.079 | $0.025 | $0.054 | $0 | $0 |
| 3/31/16 | I | $0.073 | $0.033 | $0.04 | $0 | $0 |
| 3/31/16 | A | $0.069 | $0.029 | $0.04 | $0 | $0 |
| 3/31/16 | C | $0.058 | $0.018 | $0.04 | $0 | $0 |
| 3/31/16 | Z | $0.073 | $0.033 | $0.04 | $0 | $0 |
| 3/31/16 | R | $0.066 | $0.026 | $0.04 | $0 | $0 |
Pay Date
6/30/23Class
IPer Share Distribution
0.085Net Investment Income
0.02Return Of Capital
0.065Long Term Gain
0Short Term Gain
0Pay Date
6/30/23Class
APer Share Distribution
0.078Net Investment Income
0.013Return Of Capital
0.065Long Term Gain
0Short Term Gain
0Pay Date
6/30/23Class
CPer Share Distribution
0.065Net Investment Income
0Return Of Capital
0.065Long Term Gain
0Short Term Gain
0Pay Date
6/30/23Class
ZPer Share Distribution
0.085Net Investment Income
0.02Return Of Capital
0.065Long Term Gain
0Short Term Gain
0Pay Date
6/30/23Class
RPer Share Distribution
0.075Net Investment Income
0.01Return Of Capital
0.065Long Term Gain
0Short Term Gain
0Pay Date
3/31/23Class
IPer Share Distribution
0.08Net Investment Income
0.034Return Of Capital
0.046Long Term Gain
0Short Term Gain
0Pay Date
3/31/23Class
APer Share Distribution
0.073Net Investment Income
0.027Return Of Capital
0.046Long Term Gain
0Short Term Gain
0Pay Date
3/31/23Class
CPer Share Distribution
0.058Net Investment Income
0.012Return Of Capital
0.046Long Term Gain
0Short Term Gain
0Pay Date
3/31/23Class
ZPer Share Distribution
0.08Net Investment Income
0.034Return Of Capital
0.046Long Term Gain
0Short Term Gain
0Pay Date
3/31/23Class
RPer Share Distribution
0.069Net Investment Income
0.023Return Of Capital
0.046Long Term Gain
0Short Term Gain
0Pay Date
12/8/22Class
IPer Share Distribution
0.077Net Investment Income
0.03Return Of Capital
0.047Long Term Gain
0Short Term Gain
0Pay Date
12/8/22Class
APer Share Distribution
0.07Net Investment Income
0.023Return Of Capital
0.047Long Term Gain
0Short Term Gain
0Pay Date
12/8/22Class
CPer Share Distribution
0.056Net Investment Income
0.009Return Of Capital
0.047Long Term Gain
0Short Term Gain
0Pay Date
12/8/22Class
ZPer Share Distribution
0.077Net Investment Income
0.03Return Of Capital
0.047Long Term Gain
0Short Term Gain
0Pay Date
12/8/22Class
RPer Share Distribution
0.067Net Investment Income
0.02Return Of Capital
0.047Long Term Gain
0Short Term Gain
0Pay Date
9/30/22Class
IPer Share Distribution
0.079Net Investment Income
0.022Return Of Capital
0.057Long Term Gain
0Short Term Gain
0Pay Date
9/30/22Class
APer Share Distribution
0.072Net Investment Income
0.015Return Of Capital
0.057Long Term Gain
0Short Term Gain
0Pay Date
9/30/22Class
CPer Share Distribution
0.057Net Investment Income
0Return Of Capital
0.057Long Term Gain
0Short Term Gain
0Pay Date
9/30/22Class
ZPer Share Distribution
0.079Net Investment Income
0.022Return Of Capital
0.057Long Term Gain
0Short Term Gain
0Pay Date
9/30/22Class
RPer Share Distribution
0.068Net Investment Income
0.011Return Of Capital
0.057Long Term Gain
0Short Term Gain
0Pay Date
6/30/22Class
IPer Share Distribution
0.073Net Investment Income
0.023Return Of Capital
0.05Long Term Gain
0Short Term Gain
0Pay Date
6/30/22Class
APer Share Distribution
0.066Net Investment Income
0.016Return Of Capital
0.05Long Term Gain
0Short Term Gain
0Pay Date
6/30/22Class
CPer Share Distribution
0.053Net Investment Income
0.003Return Of Capital
0.05Long Term Gain
0Short Term Gain
0Pay Date
6/30/22Class
ZPer Share Distribution
0.073Net Investment Income
0.023Return Of Capital
0.05Long Term Gain
0Short Term Gain
0Pay Date
6/30/22Class
RPer Share Distribution
0.064Net Investment Income
0.014Return Of Capital
0.05Long Term Gain
0Short Term Gain
0Pay Date
3/31/22Class
IPer Share Distribution
0.058Net Investment Income
0.023Return Of Capital
0.035Long Term Gain
0Short Term Gain
0Pay Date
3/31/22Class
APer Share Distribution
0.053Net Investment Income
0.018Return Of Capital
0.035Long Term Gain
0Short Term Gain
0Pay Date
3/31/22Class
CPer Share Distribution
0.04Net Investment Income
0.005Return Of Capital
0.035Long Term Gain
0Short Term Gain
0Pay Date
3/31/22Class
ZPer Share Distribution
0.058Net Investment Income
0.023Return Of Capital
0.035Long Term Gain
0Short Term Gain
0Pay Date
3/31/22Class
RPer Share Distribution
0.049Net Investment Income
0.014Return Of Capital
0.035Long Term Gain
0Short Term Gain
0Pay Date
12/9/21Class
IPer Share Distribution
0.07Net Investment Income
0.021Return Of Capital
0.049Long Term Gain
0Short Term Gain
0Pay Date
12/9/21Class
APer Share Distribution
0.064Net Investment Income
0.015Return Of Capital
0.049Long Term Gain
0Short Term Gain
0Pay Date
12/9/21Class
CPer Share Distribution
0.052Net Investment Income
0.003Return Of Capital
0.049Long Term Gain
0Short Term Gain
0Pay Date
12/9/21Class
ZPer Share Distribution
0.07Net Investment Income
0.021Return Of Capital
0.049Long Term Gain
0Short Term Gain
0Pay Date
12/9/21Class
RPer Share Distribution
0.061Net Investment Income
0.012Return Of Capital
0.049Long Term Gain
0Short Term Gain
0Pay Date
9/30/21Class
IPer Share Distribution
0.061Net Investment Income
0Return Of Capital
0.061Long Term Gain
0Short Term Gain
0Pay Date
9/30/21Class
APer Share Distribution
0.055Net Investment Income
0Return Of Capital
0.055Long Term Gain
0Short Term Gain
0Pay Date
9/30/21Class
CPer Share Distribution
0.044Net Investment Income
0Return Of Capital
0.044Long Term Gain
0Short Term Gain
0Pay Date
9/30/21Class
ZPer Share Distribution
0.061Net Investment Income
0Return Of Capital
0.061Long Term Gain
0Short Term Gain
0Pay Date
9/30/21Class
RPer Share Distribution
0.052Net Investment Income
0Return Of Capital
0.052Long Term Gain
0Short Term Gain
0Pay Date
6/30/21Class
IPer Share Distribution
0.059Net Investment Income
0Return Of Capital
0.059Long Term Gain
0Short Term Gain
0Pay Date
6/30/21Class
APer Share Distribution
0.053Net Investment Income
0Return Of Capital
0.053Long Term Gain
0Short Term Gain
0Pay Date
6/30/21Class
CPer Share Distribution
0.042Net Investment Income
0Return Of Capital
0.042Long Term Gain
0Short Term Gain
0Pay Date
6/30/21Class
ZPer Share Distribution
0.059Net Investment Income
0Return Of Capital
0.059Long Term Gain
0Short Term Gain
0Pay Date
6/30/21Class
RPer Share Distribution
0.051Net Investment Income
0Return Of Capital
0.051Long Term Gain
0Short Term Gain
0Pay Date
3/31/21Class
IPer Share Distribution
0.066Net Investment Income
0.009Return Of Capital
0.057Long Term Gain
0Short Term Gain
0Pay Date
3/31/21Class
APer Share Distribution
0.062Net Investment Income
0.005Return Of Capital
0.057Long Term Gain
0Short Term Gain
0Pay Date
3/31/21Class
CPer Share Distribution
0.052Net Investment Income
0Return Of Capital
0.052Long Term Gain
0Short Term Gain
0Pay Date
3/31/21Class
ZPer Share Distribution
0.066Net Investment Income
0.009Return Of Capital
0.057Long Term Gain
0Short Term Gain
0Pay Date
3/31/21Class
RPer Share Distribution
0.059Net Investment Income
0.002Return Of Capital
0.057Long Term Gain
0Short Term Gain
0Pay Date
12/10/20Class
IPer Share Distribution
0.073Net Investment Income
0.03Return Of Capital
0.043Long Term Gain
0Short Term Gain
0Pay Date
12/10/20Class
APer Share Distribution
0.069Net Investment Income
0.026Return Of Capital
0.043Long Term Gain
0Short Term Gain
0Pay Date
12/10/20Class
CPer Share Distribution
0.061Net Investment Income
0.018Return Of Capital
0.043Long Term Gain
0Short Term Gain
0Pay Date
12/10/20Class
ZPer Share Distribution
0.073Net Investment Income
0.03Return Of Capital
0.043Long Term Gain
0Short Term Gain
0Pay Date
12/10/20Class
RPer Share Distribution
0.067Net Investment Income
0.024Return Of Capital
0.043Long Term Gain
0Short Term Gain
0Pay Date
9/30/20Class
IPer Share Distribution
0.084Net Investment Income
0.022Return Of Capital
0.062Long Term Gain
0Short Term Gain
0Pay Date
9/30/20Class
APer Share Distribution
0.079Net Investment Income
0.017Return Of Capital
0.062Long Term Gain
0Short Term Gain
0Pay Date
9/30/20Class
CPer Share Distribution
0.071Net Investment Income
0.009Return Of Capital
0.062Long Term Gain
0Short Term Gain
0Pay Date
9/30/20Class
ZPer Share Distribution
0.084Net Investment Income
0.022Return Of Capital
0.062Long Term Gain
0Short Term Gain
0Pay Date
9/30/20Class
RPer Share Distribution
0.078Net Investment Income
0.016Return Of Capital
0.062Long Term Gain
0Short Term Gain
0Pay Date
6/30/20Class
IPer Share Distribution
0.055Net Investment Income
0Return Of Capital
0.055Long Term Gain
0Short Term Gain
0Pay Date
6/30/20Class
APer Share Distribution
0.051Net Investment Income
0Return Of Capital
0.051Long Term Gain
0Short Term Gain
0Pay Date
6/30/20Class
CPer Share Distribution
0.043Net Investment Income
0Return Of Capital
0.043Long Term Gain
0Short Term Gain
0Pay Date
6/30/20Class
ZPer Share Distribution
0.055Net Investment Income
0Return Of Capital
0.055Long Term Gain
0Short Term Gain
0Pay Date
6/30/20Class
RPer Share Distribution
0.044Net Investment Income
0Return Of Capital
0.044Long Term Gain
0Short Term Gain
0Pay Date
3/31/20Class
IPer Share Distribution
0.116Net Investment Income
0.047Return Of Capital
0.069Long Term Gain
0Short Term Gain
0Pay Date
3/31/20Class
APer Share Distribution
0.109Net Investment Income
0.04Return Of Capital
0.069Long Term Gain
0Short Term Gain
0Pay Date
3/31/20Class
CPer Share Distribution
0.1Net Investment Income
0.031Return Of Capital
0.069Long Term Gain
0Short Term Gain
0Pay Date
3/31/20Class
ZPer Share Distribution
0.116Net Investment Income
0.047Return Of Capital
0.069Long Term Gain
0Short Term Gain
0Pay Date
3/31/20Class
RPer Share Distribution
0.105Net Investment Income
0.036Return Of Capital
0.069Long Term Gain
0Short Term Gain
0Pay Date
12/4/19Class
IPer Share Distribution
0.113Net Investment Income
0.046Return Of Capital
0.067Long Term Gain
0Short Term Gain
0Pay Date
12/4/19Class
APer Share Distribution
0.106Net Investment Income
0.039Return Of Capital
0.067Long Term Gain
0Short Term Gain
0Pay Date
12/4/19Class
CPer Share Distribution
0.095Net Investment Income
0.028Return Of Capital
0.067Long Term Gain
0Short Term Gain
0Pay Date
12/4/19Class
ZPer Share Distribution
0.113Net Investment Income
0.046Return Of Capital
0.067Long Term Gain
0Short Term Gain
0Pay Date
12/4/19Class
RPer Share Distribution
0.104Net Investment Income
0.037Return Of Capital
0.067Long Term Gain
0Short Term Gain
0Pay Date
9/30/19Class
IPer Share Distribution
0.1Net Investment Income
0.026Return Of Capital
0.074Long Term Gain
0Short Term Gain
0Pay Date
9/30/19Class
APer Share Distribution
0.093Net Investment Income
0.019Return Of Capital
0.074Long Term Gain
0Short Term Gain
0Pay Date
9/30/19Class
CPer Share Distribution
0.081Net Investment Income
0.007Return Of Capital
0.074Long Term Gain
0Short Term Gain
0Pay Date
9/30/19Class
ZPer Share Distribution
0.1Net Investment Income
0.026Return Of Capital
0.074Long Term Gain
0Short Term Gain
0Pay Date
9/30/19Class
RPer Share Distribution
0.092Net Investment Income
0.018Return Of Capital
0.074Long Term Gain
0Short Term Gain
0Pay Date
6/28/19Class
IPer Share Distribution
0.093Net Investment Income
0.02Return Of Capital
0.073Long Term Gain
0Short Term Gain
0Pay Date
6/28/19Class
APer Share Distribution
0.087Net Investment Income
0.014Return Of Capital
0.073Long Term Gain
0Short Term Gain
0Pay Date
6/28/19Class
CPer Share Distribution
0.073Net Investment Income
0Return Of Capital
0.073Long Term Gain
0Short Term Gain
0Pay Date
6/28/19Class
ZPer Share Distribution
0.093Net Investment Income
0.02Return Of Capital
0.073Long Term Gain
0Short Term Gain
0Pay Date
6/28/19Class
RPer Share Distribution
0.079Net Investment Income
0.006Return Of Capital
0.073Long Term Gain
0Short Term Gain
0Pay Date
3/29/19Class
IPer Share Distribution
0.078Net Investment Income
0.014Return Of Capital
0.064Long Term Gain
0Short Term Gain
0Pay Date
3/29/19Class
APer Share Distribution
0.071Net Investment Income
0.007Return Of Capital
0.064Long Term Gain
0Short Term Gain
0Pay Date
3/29/19Class
CPer Share Distribution
0.059Net Investment Income
0Return Of Capital
0.059Long Term Gain
0Short Term Gain
0Pay Date
3/29/19Class
ZPer Share Distribution
0.078Net Investment Income
0.014Return Of Capital
0.064Long Term Gain
0Short Term Gain
0Pay Date
3/29/19Class
RPer Share Distribution
0.068Net Investment Income
0.004Return Of Capital
0.064Long Term Gain
0Short Term Gain
0Pay Date
12/6/18Class
IPer Share Distribution
0.078Net Investment Income
0.032Return Of Capital
0.046Long Term Gain
0Short Term Gain
0Pay Date
12/6/18Class
APer Share Distribution
0.071Net Investment Income
0.025Return Of Capital
0.046Long Term Gain
0Short Term Gain
0Pay Date
12/6/18Class
CPer Share Distribution
0.058Net Investment Income
0.012Return Of Capital
0.046Long Term Gain
0Short Term Gain
0Pay Date
12/6/18Class
ZPer Share Distribution
0.078Net Investment Income
0.032Return Of Capital
0.046Long Term Gain
0Short Term Gain
0Pay Date
12/6/18Class
RPer Share Distribution
0.068Net Investment Income
0.022Return Of Capital
0.046Long Term Gain
0Short Term Gain
0Pay Date
9/28/18Class
IPer Share Distribution
0.081Net Investment Income
0.023Return Of Capital
0.058Long Term Gain
0Short Term Gain
0Pay Date
9/28/18Class
APer Share Distribution
0.073Net Investment Income
0.015Return Of Capital
0.058Long Term Gain
0Short Term Gain
0Pay Date
9/28/18Class
CPer Share Distribution
0.059Net Investment Income
0.001Return Of Capital
0.058Long Term Gain
0Short Term Gain
0Pay Date
9/28/18Class
ZPer Share Distribution
0.081Net Investment Income
0.023Return Of Capital
0.058Long Term Gain
0Short Term Gain
0Pay Date
9/28/18Class
RPer Share Distribution
0.069Net Investment Income
0.011Return Of Capital
0.058Long Term Gain
0Short Term Gain
0Pay Date
6/29/18Class
IPer Share Distribution
0.066Net Investment Income
0.007Return Of Capital
0.059Long Term Gain
0Short Term Gain
0Pay Date
6/29/18Class
APer Share Distribution
0.059Net Investment Income
0Return Of Capital
0.059Long Term Gain
0Short Term Gain
0Pay Date
6/29/18Class
CPer Share Distribution
0.047Net Investment Income
0Return Of Capital
0.047Long Term Gain
0Short Term Gain
0Pay Date
6/29/18Class
ZPer Share Distribution
0.066Net Investment Income
0.007Return Of Capital
0.059Long Term Gain
0Short Term Gain
0Pay Date
6/29/18Class
RPer Share Distribution
0.06Net Investment Income
0Return Of Capital
0.06Long Term Gain
0Short Term Gain
0Pay Date
3/29/18Class
IPer Share Distribution
0.084Net Investment Income
0.024Return Of Capital
0.06Long Term Gain
0Short Term Gain
0Pay Date
3/29/18Class
APer Share Distribution
0.077Net Investment Income
0.017Return Of Capital
0.06Long Term Gain
0Short Term Gain
0Pay Date
3/29/18Class
CPer Share Distribution
0.065Net Investment Income
0.005Return Of Capital
0.06Long Term Gain
0Short Term Gain
0Pay Date
3/29/18Class
ZPer Share Distribution
0.084Net Investment Income
0.024Return Of Capital
0.06Long Term Gain
0Short Term Gain
0Pay Date
3/29/18Class
RPer Share Distribution
0.075Net Investment Income
0.015Return Of Capital
0.06Long Term Gain
0Short Term Gain
0Pay Date
12/6/17Class
IPer Share Distribution
0.084Net Investment Income
0.028Return Of Capital
0.056Long Term Gain
0Short Term Gain
0Pay Date
12/6/17Class
APer Share Distribution
0.078Net Investment Income
0.022Return Of Capital
0.056Long Term Gain
0Short Term Gain
0Pay Date
12/6/17Class
CPer Share Distribution
0.065Net Investment Income
0.009Return Of Capital
0.056Long Term Gain
0Short Term Gain
0Pay Date
12/6/17Class
ZPer Share Distribution
0.084Net Investment Income
0.028Return Of Capital
0.056Long Term Gain
0Short Term Gain
0Pay Date
12/6/17Class
RPer Share Distribution
0.075Net Investment Income
0.019Return Of Capital
0.056Long Term Gain
0Short Term Gain
0Pay Date
9/29/17Class
IPer Share Distribution
0.082Net Investment Income
0.035Return Of Capital
0.047Long Term Gain
0Short Term Gain
0Pay Date
9/29/17Class
APer Share Distribution
0.074Net Investment Income
0.027Return Of Capital
0.047Long Term Gain
0Short Term Gain
0Pay Date
9/29/17Class
CPer Share Distribution
0.06Net Investment Income
0.013Return Of Capital
0.047Long Term Gain
0Short Term Gain
0Pay Date
9/29/17Class
ZPer Share Distribution
0.082Net Investment Income
0.035Return Of Capital
0.047Long Term Gain
0Short Term Gain
0Pay Date
9/29/17Class
RPer Share Distribution
0.072Net Investment Income
0.025Return Of Capital
0.047Long Term Gain
0Short Term Gain
0Pay Date
6/30/17Class
IPer Share Distribution
0.077Net Investment Income
0.036Return Of Capital
0.041Long Term Gain
0Short Term Gain
0Pay Date
6/30/17Class
APer Share Distribution
0.069Net Investment Income
0.028Return Of Capital
0.041Long Term Gain
0Short Term Gain
0Pay Date
6/30/17Class
CPer Share Distribution
0.055Net Investment Income
0.014Return Of Capital
0.041Long Term Gain
0Short Term Gain
0Pay Date
6/30/17Class
ZPer Share Distribution
0.077Net Investment Income
0.036Return Of Capital
0.041Long Term Gain
0Short Term Gain
0Pay Date
6/30/17Class
RPer Share Distribution
0.067Net Investment Income
0.026Return Of Capital
0.041Long Term Gain
0Short Term Gain
0Pay Date
3/31/17Class
IPer Share Distribution
0.08Net Investment Income
0.026Return Of Capital
0.054Long Term Gain
0Short Term Gain
0Pay Date
3/31/17Class
APer Share Distribution
0.073Net Investment Income
0.019Return Of Capital
0.054Long Term Gain
0Short Term Gain
0Pay Date
3/31/17Class
CPer Share Distribution
0.058Net Investment Income
0.004Return Of Capital
0.054Long Term Gain
0Short Term Gain
0Pay Date
3/31/17Class
ZPer Share Distribution
0.08Net Investment Income
0.026Return Of Capital
0.054Long Term Gain
0Short Term Gain
0Pay Date
3/31/17Class
RPer Share Distribution
0.07Net Investment Income
0.016Return Of Capital
0.054Long Term Gain
0Short Term Gain
0Pay Date
12/8/16Class
IPer Share Distribution
0.076Net Investment Income
0.026Return Of Capital
0.05Long Term Gain
0Short Term Gain
0Pay Date
12/8/16Class
APer Share Distribution
0.069Net Investment Income
0.019Return Of Capital
0.05Long Term Gain
0Short Term Gain
0Pay Date
12/8/16Class
CPer Share Distribution
0.056Net Investment Income
0.006Return Of Capital
0.05Long Term Gain
0Short Term Gain
0Pay Date
12/8/16Class
ZPer Share Distribution
0.076Net Investment Income
0.026Return Of Capital
0.05Long Term Gain
0Short Term Gain
0Pay Date
12/8/16Class
RPer Share Distribution
0.066Net Investment Income
0.016Return Of Capital
0.05Long Term Gain
0Short Term Gain
0Pay Date
9/30/16Class
IPer Share Distribution
0.076Net Investment Income
0.063Return Of Capital
0.013Long Term Gain
0Short Term Gain
0Pay Date
9/30/16Class
APer Share Distribution
0.069Net Investment Income
0.056Return Of Capital
0.013Long Term Gain
0Short Term Gain
0Pay Date
9/30/16Class
CPer Share Distribution
0.056Net Investment Income
0.043Return Of Capital
0.013Long Term Gain
0Short Term Gain
0Pay Date
9/30/16Class
ZPer Share Distribution
0.076Net Investment Income
0.063Return Of Capital
0.013Long Term Gain
0Short Term Gain
0Pay Date
9/30/16Class
RPer Share Distribution
0.067Net Investment Income
0.054Return Of Capital
0.013Long Term Gain
0Short Term Gain
0Pay Date
6/30/16Class
IPer Share Distribution
0.097Net Investment Income
0.043Return Of Capital
0.054Long Term Gain
0Short Term Gain
0Pay Date
6/30/16Class
APer Share Distribution
0.091Net Investment Income
0.037Return Of Capital
0.054Long Term Gain
0Short Term Gain
0Pay Date
6/30/16Class
CPer Share Distribution
0.079Net Investment Income
0.025Return Of Capital
0.054Long Term Gain
0Short Term Gain
0Pay Date
6/30/16Class
ZPer Share Distribution
0.097Net Investment Income
0.043Return Of Capital
0.054Long Term Gain
0Short Term Gain
0Pay Date
6/30/16Class
RPer Share Distribution
0.079Net Investment Income
0.025Return Of Capital
0.054Long Term Gain
0Short Term Gain
0Pay Date
3/31/16Class
IPer Share Distribution
0.073Net Investment Income
0.033Return Of Capital
0.04Long Term Gain
0Short Term Gain
0Pay Date
3/31/16Class
APer Share Distribution
0.069Net Investment Income
0.029Return Of Capital
0.04Long Term Gain
0Short Term Gain
0Pay Date
3/31/16Class
CPer Share Distribution
0.058Net Investment Income
0.018Return Of Capital
0.04Long Term Gain
0Short Term Gain
0Pay Date
3/31/16Class
ZPer Share Distribution
0.073Net Investment Income
0.033Return Of Capital
0.04Long Term Gain
0Short Term Gain
0Pay Date
3/31/16Class
RPer Share Distribution
0.066Net Investment Income
0.026Return Of Capital
0.04Long Term Gain
0Short Term Gain
0Estimates Only - Do Not Use for Tax Reporting Purposes
This table provides estimates of the Fund's distribution sources at the time of payment and should not be relied upon or used for tax planning or tax reporting purposes. A return of capital occurs when a portion of the money that you invested is paid back to you and should not be confused with “yield” or “income”.
Income as determined under federal income tax regulations differs from GAAP. As a result, distributions are subject to recharacterization for federal income tax purposes. Therefore the actual composition of the distributions noted above may change substantially by year-end and, to the extent these changes do occur, they will have the effect of reducing the net investment income component of fund distributions and correspondingly increasing the capital gains and/or return of capital components.
The final determination of the source and tax characteristics of all distributions will be made after year-end and reported to you on Form 1099-DIV and these final amounts may vary significantly from the estimates provided above. Form 1099-DIV, which is mailed after the close of the calendar year, will specify how the distributions paid by the Fund during the year should be characterized and reported on your tax return (e.g. ordinary income, return of capital and capital gain).
Risks
Risks of Investing in MLP Securities
Investing involves risk, including possible loss of principal. An investment in MLPs involves risks that differ from a similar investment in equity securities, such as common stock, of a corporation. Holders of equity securities issued by MLPs have the rights typically afforded to limited partners in a limited partnership. As compared to common shareholders of a corporation, holders of such equity securities have more limited control and limited rights to vote on matters affecting the partnership. There are certain tax risks associated with an investment in equity MLP units. Additionally, conflicts of interest may exist among common unit holders, subordinated unit holders and the general partner or managing member of an MLP; for example a conflict may arise as a result of incentive distribution payments.
The Fund will be subject to more risks related to the energy sector than if the Fund were more broadly diversified over numerous sectors of the economy. A downturn in the energy sector of the economy could have a larger impact on the Fund than on an investment company that does not concentrate in the sector. In addition, there are several specific risks associated with investments in the energy sector, including the following: Commodity Price Risk, Depletion Risk, Supply and Demand Risk, Regulatory Risk, Acquisition Risk, Weather Risks, Exploration Risk, Catastrophic Event Risk, Interest Rate Transaction Risk, Affiliated Party Risk and Limited Partner Risk and Risks of Subordinated MLP Units.
MLPs which invest in the energy industry are highly volatile due to significant fluctuation in the prices of energy commodities as well as political and regulatory developments. MLPs are subject to significant regulation and may be adversely affected by changes in the regulatory environment including the risk that an MLP could lose its tax status as a partnership. MLPs may trade less frequently than larger companies due to their small capitalizations which may result in erratic price movement or difficulty in buying or selling.
A significant portion of the Fund’s distributions will consist of return of capital for U.S. federal tax purposes, which reduce a shareholder’s adjusted cost basis in the Fund’s shares and impacts the amount of any capital gains or loss realized by the shareholder upon selling the Fund’s shares. Once a shareholder’s adjusted cost basis has been reduced to zero (due to return of capital), any further return of capital will be treated as a capital gain.
MLPs may have additional expenses, as some MLPs pay incentive distribution fees to their general partners. The value of MLPs depends largely on the MLPs being treated as partnerships for U.S. federal income tax purposes. If MLPs were subject to U.S. federal income taxation, distributions generally would be taxed as dividend income. As a result, after-tax returns could be reduced, which could cause a decline in the value of MLPs. If MLPs are unable to maintain partnership status because of tax law changes, the MLPs would be taxed as corporation and there could be a decrease in the value of the MLP securities. The Fund is classified as a “non-diversified” fund under the federal securities laws because it can invest in fewer individual companies than a diversified fund. However, the Fund must meet certain diversification requirements under the U.S. tax laws. No representation or warranty is made as to the efficacy of any particular strategy or fund or the actual returns that may be achieved.
Total Net Assets
$112.81 M
YTD Returns
0.00%
SEC Yield
0.35%
Distribution Yield
2.94%
No. of Holdings
44
Gross Expense Ratio
2.20%
Net Expense Ratio
1.90%
Inception Date
12/20/13
(At 8/31/23)
Top Holdings
June 30, 2023
| Name | Sectors | % of Market Value |
|---|---|---|
| Enterprise Products Partners | Diversified | 9.8% |
| Cheniere Energy Inc. | LNG exports | 8.4% |
| TC Energy Corp | Natural gas pipelines | 8.1% |
| Kinder Morgan Inc. | Diversified | 7.8% |
| Targa Resources Corp. | Gathering & processing | 5% |
| Energy Transfer LP | Diversified | 4.9% |
| Enbridge Inc. | Crude / products pipes | 4.2% |
| Phillips 66 | Refining | 4.1% |
| Marathon Petroleum Corporation | Refining | 3.9% |
| Oneok Inc. | Gathering & processing | 3.5% |
The mention of specific investments is not a recommendation or solicitation to buy, sell or hold any particular security, swap or futures investment. Holdings are subject to change without notice.
PORTFOLIO MANAGERS
Morningstar rating
August 31, 2023
| Name | Rating | Category | Funds in category |
|---|---|---|---|
| Overall | Energy Limited Partnership | 100 | |
| Three year | Energy Limited Partnership | 100 | |
| Five year | Energy Limited Partnership | 91 |
Based on risk-adjusted returns.
LITERATURE
Total Returns (C Share Class)
Calculated monthly
As of August 31, 2023
| Period | Excluding Sales Charge | Including Sales Charge | Linked Benchmark | S&P 500 Index |
|---|---|---|---|---|
| YTD | 4.58% | 3.58% | 5.08% | 18.73% |
| 1 Year | 2.73% | 1.73% | 4.13% | 15.94% |
| 3 Year | 22.84% | 22.84% | 22.50% | 10.53% |
| 5 Year | 2.64% | 2.64% | 5.92% | 11.12% |
| Since Inception (12/20/13) | 1.17% | 1.17% | 3.73% | 11.92% |
YTD
Excluding Sales Charge
4.58%Including Sales Charge
3.58%Linked Benchmark
5.08%S&P 500 Index
18.73%1 Year
Excluding Sales Charge
2.73%Including Sales Charge
1.73%Linked Benchmark
4.13%S&P 500 Index
15.94%3 Year
Excluding Sales Charge
22.84%Including Sales Charge
22.84%Linked Benchmark
22.50%S&P 500 Index
10.53%5 Year
Excluding Sales Charge
2.64%Including Sales Charge
2.64%Linked Benchmark
5.92%S&P 500 Index
11.12%Since Inception (12/20/13)
Excluding Sales Charge
1.17%Including Sales Charge
1.17%Linked Benchmark
3.73%S&P 500 Index
11.92%Total Returns (C Share Class)
Calculated quarterly
As of June 30, 2023
| Period | Excluding Sales Charge | Including Sales Charge | Linked Benchmark | S&P 500 Index |
|---|---|---|---|---|
| YTD | 1.58% | 0.58% | 1.75% | 16.89% |
| QTD | 1.22% | 0.22% | 0.94% | 8.74% |
| 1 Year | 8.83% | 7.83% | 10.54% | 19.59% |
| 3 Year | 21.91% | 21.91% | 21.87% | 14.61% |
| 5 Year | 2.60% | 2.60% | 5.72% | 12.31% |
| Since Inception (12/20/13) | 0.89% | 0.89% | 3.45% | 11.96% |
YTD
Excluding Sales Charge
1.58%Including Sales Charge
0.58%Linked Benchmark
1.75%S&P 500 Index
16.89%QTD
Excluding Sales Charge
1.22%Including Sales Charge
0.22%Linked Benchmark
0.94%S&P 500 Index
8.74%1 Year
Excluding Sales Charge
8.83%Including Sales Charge
7.83%Linked Benchmark
10.54%S&P 500 Index
19.59%3 Year
Excluding Sales Charge
21.91%Including Sales Charge
21.91%Linked Benchmark
21.87%S&P 500 Index
14.61%5 Year
Excluding Sales Charge
2.60%Including Sales Charge
2.60%Linked Benchmark
5.72%S&P 500 Index
12.31%Since Inception (12/20/13)
Excluding Sales Charge
0.89%Including Sales Charge
0.89%Linked Benchmark
3.45%S&P 500 Index
11.96%Share classes have different investment minimums, expense structures and sales charges, which are detailed in the Fund prospectus.
Performance data quoted represents past performance. Past performance is no guarantee of future results. Current performance may be lower or higher than the performance quoted. The investment return and the principal value of an investment will fluctuate and shares, when redeemed, may be worth more or less than their original cost. Periods greater than 12 months are annualized. Returns are historical and include change in share price and reinvestment of all distributions.
An investor cannot invest directly in an index and index performance does not reflect the deduction of any fees, expenses or taxes. Index comparisons have limitations as volatility and other characteristics may differ from a particular investment. For index definitions, please visit www.cohenandsteers.com/indexdefinitions.
Gross Expense Ratio: 2.33%
Net Expense Ratio: 1.90%
The Net Expense Ratio reflects a contractual commitment by the Fund’s investment advisor to waive its fees and/or reimburse expenses through June 30, 2023. Absent such arrangements, returns would have been lower. Please see the prospectus for details.
View: Sector Diversification Geographic Diversification
Sector Diversification
As of June 30, 2023
| Sector | % of Fund | % of Benchmark | % Underweight/Overweight |
|---|---|---|---|
| Diversified | 26.27% | 31.06% | -4.79% |
| Utilities | 18.28% | 20% | -1.72% |
| Gathering & processing | 13.32% | 10.91% | +2.41% |
| Crude / products pipes | 9.27% | 10.94% | -1.67% |
| LNG exports | 8.92% | 7.01% | +1.91% |
| Refining | 8.27% | 10% | -1.73% |
| Natural gas pipelines | 8.14% | 6.83% | +1.31% |
| Other Assets | 3.46% | 0.23% | +3.23% |
| Storage / terminals | 2.35% | 0.69% | +1.66% |
| Gathering | 1% | 2.23% | -1.23% |
| Water | 0.69% | 0.08% | +0.61% |
| Cash | 0.05% | - | +0.05% |
Diversified
% of Fund
26.27%% of Benchmark
31.06%% Underweight/Overweight
-4.79%Utilities
% of Fund
18.28%% of Benchmark
20%% Underweight/Overweight
-1.72%Gathering & processing
% of Fund
13.32%% of Benchmark
10.91%% Underweight/Overweight
+2.41%Crude / products pipes
% of Fund
9.27%% of Benchmark
10.94%% Underweight/Overweight
-1.67%LNG exports
% of Fund
8.92%% of Benchmark
7.01%% Underweight/Overweight
+1.91%Refining
% of Fund
8.27%% of Benchmark
10%% Underweight/Overweight
-1.73%Natural gas pipelines
% of Fund
8.14%% of Benchmark
6.83%% Underweight/Overweight
+1.31%Other Assets
% of Fund
3.46%% of Benchmark
0.23%% Underweight/Overweight
+3.23%Storage / terminals
% of Fund
2.35%% of Benchmark
0.69%% Underweight/Overweight
+1.66%Gathering
% of Fund
1%% of Benchmark
2.23%% Underweight/Overweight
-1.23%Water
% of Fund
0.69%% of Benchmark
0.08%% Underweight/Overweight
+0.61%Cash
% of Fund
0.05%% of Benchmark
0%% Underweight/Overweight
+0.05%Geographic Diversification
As of June 30, 2023
| Sector | % of Fund | % of Benchmark | % Underweight/Overweight |
|---|---|---|---|
| United States | 80.48% | 81.94% | -1.46% |
| Canada | 18.78% | 18.06% | 0.72% |
| Netherlands | 0.68% | - | 0.68% |
| Cash | 0.05% | - | 0.05% |
United States
% of Fund
80.48%% of Benchmark
81.94%% Underweight/Overweight
-1.46%Canada
% of Fund
18.78%% of Benchmark
18.06%% Underweight/Overweight
0.72%Netherlands
% of Fund
0.68%% of Benchmark
0%% Underweight/Overweight
0.68%Cash
% of Fund
0.05%% of Benchmark
0%% Underweight/Overweight
0.05%Portfolio weights are subject to change without notice. Due to rounding, values might not add up to 100%. The mention of specific securities is not a recommendation or solicitation to buy, sell or hold any particular security.
Distribution Information
This fund intends to make quarterly distributions.
| Pay Date | Record Date | Ex-Dividend Date | Type | Class | Amount/Share |
|---|---|---|---|---|---|
| 6/30/23 | 6/29/23 | 6/30/23 | Regular | I | $0.085 |
| Regular | A | $0.078 | |||
| Regular | C | $0.065 | |||
| Regular | Z | $0.085 | |||
| Regular | R | $0.075 | |||
| 3/31/23 | 3/30/23 | 3/31/23 | Regular | I | $0.08 |
| Regular | A | $0.073 | |||
| Regular | C | $0.058 | |||
| Regular | Z | $0.08 | |||
| Regular | R | $0.069 | |||
| 12/8/22 | 12/7/22 | 12/8/22 | Regular | I | $0.077 |
| Regular | A | $0.07 | |||
| Regular | C | $0.056 | |||
| Regular | Z | $0.077 | |||
| Regular | R | $0.067 | |||
| 9/30/22 | 9/29/22 | 9/30/22 | Regular | I | $0.079 |
| Regular | A | $0.072 | |||
| Regular | C | $0.057 | |||
| Regular | Z | $0.079 | |||
| Regular | R | $0.068 | |||
| 6/30/22 | 6/29/22 | 6/30/22 | Regular | I | $0.073 |
| Regular | A | $0.066 | |||
| Regular | C |