|
Page |
Summary
Section |
1 |
Investment
Objective |
1 |
Fund
Fees and Expenses |
1 |
Principal
Investment Strategies |
2 |
Principal
Risks of Investing in the Fund |
4 |
Fund
Performance |
10 |
Investment
Management |
11 |
Purchase
and Sale of Fund Shares |
12 |
Tax
Information |
12 |
Payments
to Broker-Dealers and Other Financial Intermediaries |
12 |
Investment
Objective, Principal Investment Strategies
and
Related Risks |
13 |
Objective |
13 |
Principal
Investment Strategies |
13 |
Principal
Risks of Investing in the Fund |
16 |
Additional
Investment Information |
26 |
Management
of the Fund |
27 |
The
Advisor and Subadvisors |
27 |
Portfolio
Managers |
28 |
Pricing
of Fund Shares |
28 |
How
to Purchase, Exchange and Sell Fund Shares |
30 |
Purchase
Minimums |
30 |
Purchasing
the Class of Fund Shares that is Best for You |
31 |
How
to Purchase Fund Shares |
41 |
Additional
Information on Purchase of Fund Shares |
43 |
Exchange
Privilege |
44 |
How
to Sell Fund Shares |
45 |
Frequent
Purchases and Redemptions of Fund Shares |
48 |
Additional
Information |
49 |
Distribution
Plan |
49 |
Shareholder
Services Plan |
50 |
Networking
and Sub-Transfer Agency Fees |
50 |
Other
Compensation |
50 |
Dividends
and Distributions |
50 |
Tax
Considerations |
51 |
Financial
Highlights |
54 |
APPENDIX:
SALES CHARGE REDUCTIONS AND WAIVERS
AVAILABLE
THROUGH CERTAIN INTERMEDIARIES |
59 |
Subscription
Agreement |
71 |
|
Class
A |
Class
C |
Class
F(1)
|
Class
I |
Class
R |
Class
Z |
|
|
|
|
|
|
|
Maximum
Sales Charge (Load) Imposed On
Purchases
(as % of offering price) |
|
|
|
|
|
|
Maximum
Deferred Sales Charge (Load) (as %
of
the net asset value at the time of purchase
or
redemption, whichever is lower) |
|
|
|
|
|
|
|
Class
A |
Class
C |
Class
F(1)
|
Class
I |
Class
R |
Class
Z |
|
|
|
|
|
|
|
Management
Fee |
|
|
|
|
|
|
Distribution
(12b-1) Fees |
|
|
|
|
|
|
Other
Expenses: |
|
|
|
|
|
|
Shareholder
Service Fee |
|
|
|
|
|
|
Other
Expenses |
|
|
|
|
|
|
Total
Other Expenses |
|
|
|
|
|
|
Total
Annual Fund Operating Expenses |
|
|
|
|
|
|
|
Class
A |
Class
C |
Class
F(1) |
Class
I |
Class
R |
Class
Z |
Fee
Waiver/Expense Reimbursement |
|
|
|
( |
|
|
Total
Annual Fund Operating Expenses (after
fee
waiver/expense reimbursement) |
|
|
|
|
|
|
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
A Shares |
$ |
$ |
$ |
$ |
Class
F Shares |
$ |
$ |
$ |
$ |
Class
I Shares |
$ |
$ |
$ |
$ |
Class
R Shares |
$ |
$ |
$ |
$ |
Class
Z Shares |
$ |
$ |
$ |
$ |
Class
C Shares
|
$ |
$ |
$ |
$ |
Class
C Shares
|
$ |
$ |
$ |
$ |
|
|
quarter
ended |
|
|
- |
quarter
ended |
|
|
1
Year |
5
Years |
10
Years |
Class
A Shares |
|||
Return
Before Taxes |
( |
|
|
Return
After Taxes on Distributions |
( |
||
Return
After Taxes on Distributions and Sale of Fund Shares |
( |
|
|
Class
C Shares |
|||
Return
Before Taxes |
|
|
|
Class
I Shares |
|||
Return
Before Taxes |
|
|
|
Class
R Shares |
|||
Return
Before Taxes |
|
|
(1) |
Class
Z Shares |
|||
Return
Before Taxes |
|
|
(1) |
Linked
Global Infrastructure Index - Net (reflects no deduction for
fees,
expenses or taxes) |
|||
S&P
500® Index (reflects no deduction for fees, expenses or
taxes) |
|
|
|
|
Class
A and C
Shares |
Class
I
Shares |
Class
F, R and Z
Shares |
Minimum
Initial
Investment |
• No
minimum |
• $100,000
(aggregate
for
registered
advisors) |
• No
minimum |
Minimum
Subsequent
Investment |
• No
minimum
• $100
for Automatic
Investment
Plans |
• No
minimum
• $500
for Automatic
Investment
Plans |
• No
minimum
• $50
for Automatic
Investment
Plans |
|
Class
A and C
Shares |
Class
I
Shares |
Class
F, R and Z
Shares |
Minimum
Initial
Investment |
• No
minimum |
• $100,000
(aggregate
for
registered
advisors) |
• No
minimum |
Minimum
Subsequent
Investment |
• No
minimum
• $100
for Automatic
Investment
Plans |
• No
minimum
• $500
for Automatic
Investment
Plans |
• No
minimum
• $50
for Automatic
Investment
Plans |
|
Class
A Shares |
Class
C Shares |
Class
F Shares |
Class
I Shares |
Class
R Shares |
Class
Z Shares |
Eligibility |
Generally
available
through
financial
intermediaries |
Generally
available
through
financial
intermediaries |
Available
through
financial
intermediaries
with
a selling
agreement
with
the
Distributor |
Limited
to:
• Current
Institutional
shareholders
that
meet
certain
requirements
• Certain
employer-
sponsored
retirement
and
benefit
plans
• Participants
in
certain
programs
sponsored
by
the
Advisor or
its
affiliates or
other
financial
intermediaries
• Clients
of
financial
intermediaries
who
have an
agreement
with
the
Fund’s
Distributor
to
offer
the Fund’s
shares
on a
brokerage
platform
when
such
financial
intermediary
is
acting
as an
agent
for the
client
• Certain
employees
of
the
Advisor or
its
affiliates |
Available
through
certain
group
retirement
and
benefit plans
Generally
not
available
for
purchase
by
traditional
and
Roth
individual
retirement
accounts
known
as
“IRAs” |
Available
through
certain
group
retirement
and
benefit plans
with
a selling
agreement
with
the
Distributor
Generally
not
available
for
purchase
by
traditional
and
Roth
individual
retirement
accounts
known
as
“IRAs” |
Minimum
Investment1
|
Initial
investment:
•
No minimum
Subsequent
investment:
• No
minimum |
Initial
investment:
• No
minimum
Subsequent
investment:
• No
minimum |
Initial
investment:
• No
minimum
Subsequent
investment:
• No
minimum |
Initial
investment:
• $100,000
(aggregate
for
registered
advisors) |
Initial
investment:
• No
minimum
Subsequent
investment:
• No
minimum |
Initial
Investment:
• No
minimum
Subsequent
investment:
• No
minimum |
|
Class
A Shares |
Class
C Shares |
Class
F Shares |
Class
I Shares |
Class
R Shares |
Class
Z Shares |
|
• $100
for
Automatic
Investment
Plans |
• $100
for
Automatic
Investment
Plans |
• $50
for
Automatic
Investment
Plans |
Subsequent
investment:
• No
minimum
• $500
for
Automatic
Investment
Plans |
• $50
for
Automatic
Investment
Plans |
•
$50 for
Automatic
Investment
Plans |
Initial
Sales
Charge2
|
Yes.
Paid at the
time
you
purchase
your
investment.
Larger
purchases
may
receive a
lower
sales
charge |
No.
Full purchase
price
is invested
in
the Fund |
No.
Full purchase
price
is invested
in
the Fund |
No.
Full purchase
price
is invested
in
the Fund |
No.
Full purchase
price
is invested
in
the Fund |
No.
Full purchase
price
is invested
in
the Fund |
Contingent
Deferred
Sales
Charge
(“CDSC”)3
|
No.
(You may
pay
a deferred
sales
charge for
purchases
of
$1
million or
more
that are
redeemed
within
1
year of
purchase) |
Yes.
If you
redeem
your
shares
within 1
year
of purchase
you
will be
charged
a 1%
CDSC |
No |
No |
No |
No |
Distribution
(12b-1)
Fees4
|
0.25% |
0.75% |
None |
None |
0.50% |
None |
Shareholder
Service
Fees5
|
Up
to 0.10% |
Up
to 0.25% |
None |
Up
to 0.10% |
None |
None |
Redemption
Fee |
No |
No |
No |
No |
No |
No |
Advantages |
• You
may
qualify
for a
reduced
initial
sales
charge
due
to the size
of
your
investment |
• No
initial sales
charge,
so all of
your
assets are
initially
invested
• If
you hold
your
shares for
at
least one year
from
the date
of
purchase,
you
will not pay
a
sales charge
• Class
C shares
may
appeal to
investors
who
have
a shorter
investment
horizon
relative
to
Class A share
investors |
• No
initial sales
charge,
so all of
your
assets are
initially
invested
• No
distribution
or
shareholder
service
fees |
• No
initial sales
charge,
so all of
your
assets are
initially
invested
• No
distribution
fees |
• No
initial sales
charge,
so all of
your
assets are
initially
invested
• No
shareholder
service
fees |
• No
initial sales
charge,
so all of
your
assets are
initially
invested
• No
distribution
or
shareholder
service
fees |
Disadvantages |
• You
pay a sales
charge
up front
and
therefore
own
fewer
shares
initially
• You
will pay
on-going
distribution |
• You
may pay a
contingent
deferred
sales
charge
if shares
are
sold within
one
year of
purchase
• You
will pay |
• Limited
Availability |
• Limited
Availability |
• Limited
Availability
• You
will pay
on-going
distribution
expenses,
which
may
result
in lower |
• Limited
Availability |
|
Class
A Shares |
Class
C Shares |
Class
F Shares |
Class
I Shares |
Class
R Shares |
Class
Z Shares |
|
expenses,
which
may
result
in lower
total
performance
than
share
classes
that do
not
pay these
fees |
on-going
distribution
expenses,
which
may
result
in lower
total
performance
than
share
classes
that do
not
pay these
fees |
|
|
total
performance
than
share
classes
that do
not
pay these
fees |
|
|
SALES
CHARGE AS
A
PERCENTAGE OF | |
INVESTMENT
AMOUNT |
OFFERING
PRICE* |
NET
AMOUNT
INVESTED |
Less
than $100,000 |
4.50
% |
4.71
% |
$100,000
but less than $250,000 |
3.75
% |
3.90
% |
$250,000
but less than $500,000 |
2.75
% |
2.83
% |
$500,000
but less than $1 million |
2.00
% |
2.04
% |
$1
million or more |
None |
None |
|
Class
A | ||||
|
For
the Year Ended December 31, | ||||
Per
Share Operating Data: |
2023 |
2022 |
2021 |
2020 |
2019 |
Net
asset value, beginning of year |
$21.65 |
$23.64 |
$20.96 |
$21.61 |
$17.67 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)(a) |
0.44 |
0.33 |
0.32 |
0.19 |
0.27 |
Net
realized and unrealized gain (loss) |
(0.00
) |
(1.55
) |
3.08 |
(0.57
) |
4.00 |
Total
from investment operations |
0.44 |
(1.22
) |
3.40 |
(0.38
) |
4.27 |
Less
dividends and distributions to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.45
) |
(0.31
) |
(0.31
) |
(0.18
) |
(0.25
) |
Net
realized gain |
— |
(0.46
) |
(0.41
) |
— |
(0.08
) |
Tax
return of capital |
(0.02
) |
— |
— |
(0.09
) |
— |
Total
dividends and distributions to shareholders |
(0.47
) |
(0.77
) |
(0.72
) |
(0.27
) |
(0.33
) |
Net
increase (decrease) in net asset value |
(0.03
) |
(1.99
) |
2.68 |
(0.65
) |
3.94 |
Net
asset value, end of year |
$21.62 |
$21.65 |
$23.64 |
$20.96 |
$21.61 |
|
|
|
|
|
|
Total
return(b)(c) |
2.08
% |
-5.21
% |
16.36
% |
-1.66
% |
24.26
% |
|
|
|
|
|
|
Ratios/Supplemental
Data: |
|
|
|
|
|
Net
assets, end of year (in millions) |
$54.2 |
$65.3 |
$78.6 |
$47.3 |
$49.1 |
Ratios
to average daily net assets: |
|
|
|
|
|
Expenses |
1.21
% |
1.21
% |
1.24
% |
1.29
% |
1.29
% |
Net
investment income (loss) |
2.07
% |
1.44
% |
1.43
% |
0.97
% |
1.33
% |
Portfolio
turnover rate |
101
% |
83
% |
64
% |
89
% |
65
% |
|
Class
C | ||||
|
For
the Year Ended December 31, | ||||
Per
Share Operating Data: |
2023 |
2022 |
2021 |
2020 |
2019 |
Net
asset value, beginning of year |
$21.65 |
$23.63 |
$20.96 |
$21.58 |
$17.63 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)(a) |
0.30 |
0.18 |
0.17 |
0.06 |
0.13 |
Net
realized and unrealized gain (loss) |
(0.00
) |
(1.53
) |
3.07 |
(0.57
) |
4.00 |
Total
from investment operations |
0.30 |
(1.35
) |
3.24 |
(0.51
) |
4.13 |
Less
dividends and distributions to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.31
) |
(0.17
) |
(0.16
) |
(0.02
) |
(0.10
) |
Net
realized gain |
— |
(0.46
) |
(0.41
) |
— |
(0.08
) |
Tax
return of capital |
(0.02
) |
— |
— |
(0.09
) |
— |
Total
dividends and distributions to shareholders |
(0.33
) |
(0.63
) |
(0.57
) |
(0.11
) |
(0.18
) |
Net
increase (decrease) in net asset value |
(0.03
) |
(1.98
) |
2.67 |
(0.62
) |
3.95 |
Net
asset value, end of year |
$21.62 |
$21.65 |
$23.63 |
$20.96 |
$21.58 |
|
|
|
|
|
|
Total
return(b)(c) |
1.39
% |
-5.79
% |
15.56
% |
-2.32
% |
23.46
% |
|
|
|
|
|
|
Ratios/Supplemental
Data: |
|
|
|
|
|
Net
assets, end of year(in millions) |
$6.7 |
$7.6 |
$8.3 |
$6.8 |
$13.5 |
Ratios
to average daily net assets: |
|
|
|
|
|
Expenses |
1.86
% |
1.86
% |
1.89
% |
1.94
% |
1.94
% |
Net
investment income (loss) |
1.42
% |
0.79
% |
0.76
% |
0.30
% |
0.62
% |
Portfolio
turnover rate |
101
% |
83
% |
64
% |
89
% |
65
% |
|
Class
I | ||||
|
For
the Year Ended December 31, | ||||
Per
Share Operating Data: |
2023 |
2022 |
2021 |
2020 |
2019 |
Net
asset value, beginning of year |
$21.72 |
$23.72 |
$21.03 |
$21.68 |
$17.72 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)(a) |
0.52 |
0.41 |
0.41 |
0.26 |
0.34 |
Net
realized and unrealized gain (loss) |
(0.00
) |
(1.56
) |
3.07 |
(0.56
) |
4.02 |
Total
from investment operations |
0.52 |
(1.15
) |
3.48 |
(0.30
) |
4.36 |
Less
dividends and distributions to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.53
) |
(0.39
) |
(0.38
) |
(0.26
) |
(0.32
) |
Net
realized gain |
— |
(0.46
) |
(0.41
) |
— |
(0.08
) |
Tax
return of capital |
(0.02
) |
— |
— |
(0.09
) |
— |
Total
dividends and distributions to shareholders |
(0.55
) |
(0.85
) |
(0.79
) |
(0.35
) |
(0.40
) |
Net
increase (decrease) in net asset value |
(0.03
) |
(2.00
) |
2.69 |
(0.65
) |
3.96 |
Net
asset value, end of year |
$21.69 |
$21.72 |
$23.72 |
$21.03 |
$21.68 |
|
|
|
|
|
|
Total
return(b) |
2.44
% |
-4.90
% |
16.73
% |
-1.30
% |
24.71
% |
|
|
|
|
|
|
Ratios/Supplemental
Data: |
|
|
|
|
|
Net
assets, end of year (in millions) |
$754.2 |
$840.2 |
$767.6 |
$367.9 |
$314.7 |
Ratios
to average daily net assets: |
|
|
|
|
|
Expenses
(before expense reduction) |
0.94
% |
0.93
% |
0.95
% |
1.01
% |
1.01
% |
Expenses
(net of expense reduction) |
0.86
% |
0.86
% |
0.89
% |
0.94
% |
0.94
% |
Net
investment income (loss) (before expense reduction) |
2.36
% |
1.74
% |
1.72
% |
1.24
% |
1.59
% |
Net
investment income (loss) (net of expense reduction) |
2.44
% |
1.81
% |
1.78
% |
1.31
% |
1.66
% |
Portfolio
turnover rate |
101
% |
83
% |
64
% |
89
% |
65
% |
|
Class
R | ||||
|
For
the Year Ended December 31, | ||||
Per
Share Operating Data: |
2023 |
2022 |
2021 |
2020 |
2019 |
Net
asset value, beginning of year |
$21.78 |
$23.81 |
$21.11 |
$21.75 |
$17.71 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)(a) |
0.42 |
0.35 |
0.28 |
0.17 |
0.19 |
Net
realized and unrealized gain (loss) |
(0.01
) |
(1.61
) |
3.10 |
(0.58
) |
4.06 |
Total
from investment operations |
0.41 |
(1.26
) |
3.38 |
(0.41
) |
4.25 |
Less
dividends and distributions to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.43
) |
(0.31
) |
(0.27
) |
(0.14
) |
(0.13
) |
Net
realized gain |
— |
(0.46
) |
(0.41
) |
— |
(0.08
) |
Tax
return of capital |
(0.02
) |
— |
— |
(0.09
) |
— |
Total
dividends and distributions to shareholders |
(0.45
) |
(0.77
) |
(0.68
) |
(0.23
) |
(0.21
) |
Net
increase (decrease) in net asset value |
(0.04
) |
(2.03
) |
2.70 |
(0.64
) |
4.04 |
Net
asset value, end of year |
$21.74 |
$21.78 |
$23.81 |
$21.11 |
$21.75 |
|
|
|
|
|
|
Total
return(b) |
1.94
% |
-5.37
% |
16.14
% |
-1.80
% |
24.05
% |
|
|
|
|
|
|
Ratios/Supplemental
Data: |
|
|
|
|
|
Net
assets, end of year (in 000s) |
$70.4 |
$66.4 |
$12.9 |
$11.4 |
$13.2 |
Ratios
to average daily net assets: |
|
|
|
|
|
Expenses |
1.36
% |
1.36
% |
1.39
% |
1.44
% |
1.44
% |
Net
investment income (loss) |
1.97
% |
1.53
% |
1.25
% |
0.83
% |
0.95
% |
Portfolio
turnover rate |
101
% |
83
% |
64
% |
89
% |
65
% |
|
Class
Z | ||||
|
For
the Year Ended December 31, | ||||
Per
Share Operating Data: |
2023 |
2022 |
2021 |
2020 |
2019 |
Net
asset value, beginning of year |
$21.73 |
$23.72 |
$21.03 |
$21.69 |
$17.73 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)(a) |
0.49 |
0.41 |
0.40 |
0.28 |
0.30 |
Net
realized and unrealized gain (loss) |
0.03 |
(1.55
) |
3.08 |
(0.59
) |
4.06 |
Total
from investment operations |
0.52 |
(1.14
) |
3.48 |
(0.31
) |
4.36 |
Less
dividends and distributions to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.53
) |
(0.39
) |
(0.38
) |
(0.26
) |
(0.32
) |
Net
realized gain |
— |
(0.46
) |
(0.41
) |
— |
(0.08
) |
Tax
return of capital |
(0.02
) |
— |
— |
(0.09
) |
— |
Total
dividends and distributions to shareholders |
(0.55
) |
(0.85
) |
(0.79
) |
(0.35
) |
(0.40
) |
Net
increase (decrease) in net asset value |
(0.03
) |
(1.99
) |
2.69 |
(0.66
) |
3.96 |
Net
asset value, end of year |
$21.70 |
$21.73 |
$23.72 |
$21.03 |
$21.69 |
|
|
|
|
|
|
Total
return(b) |
2.44
% |
-4.85
% |
16.73
% |
-1.34
% |
24.69
% |
|
|
|
|
|
|
Ratios/Supplemental
Data: |
|
|
|
|
|
Net
assets, end of year (in 000s) |
$2,300.8 |
$8,460.4 |
$8,557.0 |
$6,913.3 |
$11.8 |
Ratios
to average daily net assets: |
|
|
|
|
|
Expenses |
0.86
% |
0.86
% |
0.89
% |
0.94
% |
0.93
% |
Net
investment income (loss) |
2.25
% |
1.80
% |
1.75
% |
1.42
% |
1.49
% |
Portfolio
turnover rate |
101
% |
83
% |
64
% |
89
% |
65
% |
|
⎢ |
⎢ |
⎢ |
⎢- |
⎢ |
⎢ |
⎢- |
⎢ |
⎢ |
⎢ |
⎢ |
| |||
Name |
Social
Security Number** |
Date
of Birth | |||||||||||||
|
⎢ |
⎢ |
⎢ |
⎢- |
⎢ |
⎢ |
⎢- |
⎢ |
⎢ |
⎢ |
⎢ |
| |||
Name
of Joint Owner, if any |
Social
Security Number** |
Date
of Birth | |||||||||||||
Citizenship: |
☐
U.S. Citizen |
☐
Resident Alien |
|
|
| ||||||||||
|
|
|
|
|
|
|
|
|
Country
of Citizenship |
|
⎢ |
⎢ |
⎢ |
⎢- |
⎢ |
⎢ |
⎢- |
⎢ |
⎢ |
⎢ |
⎢ |
| |||
Custodian’s
name (only one permitted) |
Social
Security Number** |
Date
of Birth | |||||||||||||
|
⎢ |
⎢ |
⎢ |
⎢- |
⎢ |
⎢ |
⎢- |
⎢ |
⎢ |
⎢ |
⎢ |
| |||
Minor’s
name (only one permitted) |
Social
Security Number** |
Date
of Birth | |||||||||||||
under
the |
|
Uniform
Gifts/Transfers to Minors Act | |||||||||||||
(state
residence of minor) |
|
| |||||||||||||
Citizenship
of
custodian: |
☐
U.S. Citizen |
☐
Resident Alien |
|
| |||||||||||
|
|
|
|
|
|
|
|
|
Country
of Citizenship | ||||||
Citizenship
of
minor: |
☐
U.S. Citizen |
☐
Resident Alien |
|
| |||||||||||
|
|
|
|
|
|
|
|
|
Country
of Citizenship |
|
|
|
Name
of Trust, Corporation or Other Entity |
Tax
Identification Number**
|
Date
of Trust Agreement***
|
|
⎢ |
⎢ |
⎢ |
⎢- |
⎢ |
⎢ |
⎢- |
⎢ |
⎢ |
⎢ |
⎢ |
| |||
Authorized
Individual/Trustee |
Social
Security Number* |
Date
of Birth | |||||||||||||
|
⎢ |
⎢ |
⎢ |
⎢- |
⎢ |
⎢ |
⎢- |
⎢ |
⎢ |
⎢ |
⎢ |
| |||
Authorized
Individual/Trustee |
Social
Security Number* |
Date
of Birth | |||||||||||||
Citizenship: |
☐
U.S. Citizen |
☐
Resident Alien |
|
|
| ||||||||||
|
|
|
|
|
|
|
|
|
Country
of Citizenship |
|
( ) | ||||||
Street |
Home
Telephone Number | ||||||
|
( ) | ||||||
City
and State |
Zip
Code |
Business
Telephone Number | |||||
Mailing
Address |
|
City |
|
State |
|
Zip |
|
| |||||||
Joint
Registrant Street Address (required if different than Registrant Address
above) | |||||||
Address
|
|
City |
|
State |
|
Zip |
|
Please
debit $
from my checking account beginning on |
*. |
|
(Month) |
Account
Name |
Social
Security Number | ||||||||||
1. |
⎢ |
⎢ |
⎢ |
⎢- |
⎢ |
⎢ |
⎢- |
⎢ |
⎢ |
⎢ |
⎢ |
2. |
⎢ |
⎢ |
⎢ |
⎢- |
⎢ |
⎢ |
⎢- |
⎢ |
⎢ |
⎢ |
⎢ |
3. |
⎢ |
⎢ |
⎢ |
⎢- |
⎢ |
⎢ |
⎢- |
⎢ |
⎢ |
⎢ |
⎢ |
Dividends |
☐
Reinvest. |
☐
Pay in cash. |
Capital
Gains |
☐
Reinvest. |
☐
Pay in cash. |
|
| |
Bank
Name |
Bank
ABA Number | |
|
| |
Street
or P.O. Box |
Bank
Account Number | |
|
| |
City
and State |
Zip
Code |
Account
Name |
X |
|
x |
|
Signature*
(Owner, Trustee, Etc.) |
Date |
Signature*
(Joint Owner, Co-Trustee) |
Date |
|
|
|
|
Name
and Title |
|
|
|
|
|
Dealer’s
Name |
Dealer
Number |
|
|
Main
Office Address |
Branch
Number |
|
|
Representative’s
Name |
Rep.
Number |
|
( ) |
Branch
Address |
Telephone
Number |
|
|
Authorized
Signature of Dealer |
Date |
Fund |
Abbreviation |
Share
Class/Ticker |
Fiscal
Year End |
Prospectus
Date |
Cohen
& Steers Low Duration Preferred and Income Fund,
Inc. |
Low
Duration Preferred and Income Fund |
Class
A/LPXAX
Class
C/LPXCX
Class
F/LPXFX
Class
I/LPXIX
Class
R/LPXRX
Class
Z/LPXZX |
April
30 |
September
1, 2023;
supplemented
on
December
13, 2023,
January
17, 2024,
March
1, 2024
and
May 1, 2024 |
Cohen
& Steers Preferred Securities and Income SMA Shares,
Inc. |
Preferred
Securities and Income SMA Shares |
PISHX |
October
31 |
March
1, 2024;
supplemented
on
March
1, 2024 |
Cohen
& Steers Future of Energy Fund, Inc.
(Prior
to March 28, 2024, Cohen & Steers MLP & Energy Opportunity Fund,
Inc.) |
Future
of Energy Fund |
Class
A/MLOAX
Class
C/MLOCX
Class
F/MLOFX
Class
I/MLOIX
Class
R/MLORX
Class
Z/MLOZX |
November
30 |
March
28, 2024 |
Cohen
& Steers Global Infrastructure Fund, Inc. |
Global
Infrastructure Fund |
Class
A/CSUAX
Class
C/CSUCX
Class
F/CSUFX
Class
I/CSUIX
Class
R/CSURX
Class
Z/CSUZX |
December
31 |
May
1, 2024 |
Cohen
& Steers Global Realty Shares, Inc. |
Global
Realty Shares |
Class
A/CSFAX
Class
C/CSFCX
Class
F/GRSFX
Class
I/CSSPX
Class
R/GRSRX
Class
Z/CSFZX |
December
31 |
May
1, 2024 |
Cohen
& Steers Institutional Realty Shares, Inc. |
Institutional
Realty Shares |
CSRIX |
December
31 |
May
1, 2024 |
Cohen
& Steers International Realty Fund, Inc. |
International
Realty Fund |
Class
A/IRFAX
Class
C/IRFCX
Class
F/IRFFX
Class
I/IRFIX
Class
R/IRFRX
Class
Z/IRFZX |
December
31 |
May
1, 2024 |
Cohen
& Steers Preferred Securities and Income Fund,
Inc. |
Preferred
Securities and Income Fund |
Class
A/CPXAX
Class
C/CPXCX
Class
F/CPXFX
Class
I/CPXIX
Class
R/CPRRX
Class
Z/CPXZX |
December
31 |
May
1, 2024;
supplemented
on
May
1, 2024 |
Cohen
& Steers Real Assets Fund, Inc. |
Real
Assets Fund |
Class
A/RAPAX
Class
C/RAPCX
Class
F/RAPFX
Class
I/RAPIX
Class
R/RAPRX
Class
Z/RAPZX |
December
31 |
May
1, 2024 |
Cohen
& Steers Real Estate Securities Fund, Inc. |
Real
Estate Securities Fund |
Class
A/CSEIX
Class
C/CSCIX
Class
F/CREFX
Class
I/CSDIX
Class
R/CIRRX
Class
Z/CSZIX |
December
31 |
May
1, 2024 |
Cohen
& Steers Realty Shares, Inc. |
Realty
Shares |
Class
A/CSJAX
Class
C/CSJCX
Class
F/CSJFX
Class
I/CSJIX
Class
L/CSRSX
Class
R/CSJRX
Class
Z/CSJZX |
December
31 |
May
1, 2024 |
|
Page |
Investment
Strategies and Policies |
|
Disclosure
of Portfolio Holdings |
|
Investment
Restrictions |
|
Management
of the Funds |
|
Compensation
of Directors and Certain Officers |
|
Principal
Holders of Securities |
|
Investment
Advisory and Other Services |
|
Portfolio
Transactions and Brokerage |
|
Organization
and Description of Capital Stock |
|
Dealer
Reallowances |
|
Distribution
Plan |
|
Shareholder
Services Plan |
|
Other
Information |
|
Reducing
the Initial Sales Charge on Class A Shares |
|
Contingent
Deferred Sales Charges |
|
Signature
Guarantees |
|
Purchases
and Redemptions in-Kind |
|
Taxation |
|
Counsel
and Independent Registered Public Accounting Firm |
|
Financial
Statements |
|
Appendix
A |
|
Appendix
B |
156 |
Fund |
Diversification
Status |
|
Date
of Incorporation |
Low
Duration Preferred and Income Fund |
Diversified |
|
September
2, 2015 |
Preferred
Securities and Income SMA Shares |
Diversified |
|
November
16, 2018 |
Future
of Energy Fund |
Non-diversified |
|
July
8, 2013 |
Global
Infrastructure Fund |
Diversified |
|
January
13, 2004 |
Global
Realty Shares |
Diversified |
|
February
14, 1997 |
Institutional
Realty Shares |
Non-diversified |
|
October
13, 1999 |
International
Realty Fund |
Diversified |
|
November
23, 2004 |
Preferred
Securities and Income Fund |
Diversified |
|
February
22, 2010 |
Real
Assets Fund |
Diversified |
|
October
25, 2011 |
Real
Estate Securities Fund |
Non-diversified |
|
July
3, 1997 |
Realty
Shares |
Non-diversified |
|
April
26, 1991 |
Types
of Investments |
Low
Duration
Preferred
and Income
Fund |
Preferred
Securities
and Income
SMA
Shares |
Future
of
Energy
Fund |
Realty
Shares |
Institutional
Realty
Shares |
Real
Estate
Securities
Fund |
Global
Realty
Shares |
International
Realty
Fund |
Global
Infrastructure
Fund |
Preferred
Securities
and Income
Fund |
Real
Assets
Fund |
Below
Investment Grade Securities |
✓ |
✓ |
✓ |
|
|
✓ |
✓ |
|
|
✓ |
✓ |
Borrowing
for Investment Purposes |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
Types
of Investments |
Low
Duration
Preferred
and Income
Fund |
Preferred
Securities
and Income
SMA
Shares |
Future
of
Energy
Fund |
Realty
Shares |
Institutional
Realty
Shares |
Real
Estate
Securities
Fund |
Global
Realty
Shares |
International
Realty
Fund |
Global
Infrastructure
Fund |
Preferred
Securities
and Income
Fund |
Real
Assets
Fund |
Canadian
Royalty Trusts |
|
|
✓ |
|
|
|
|
|
✓ |
|
✓ |
Cayman
Subsidiary |
|
|
|
|
|
|
|
|
|
|
✓ |
Cash
Reserves |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
Commodities |
|
|
✓ |
|
|
|
|
|
|
|
✓ |
Companies
in the Financials Sector |
✓ |
✓ |
✓ |
|
|
|
|
|
|
✓ |
✓ |
Convertible
Securities |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
Credit
Derivatives |
✓ |
✓ |
✓ |
|
|
|
|
|
|
✓ |
✓ |
Debt
Securities |
✓ |
✓ |
✓ |
|
|
✓ |
|
|
✓ |
✓ |
✓ |
Energy
Companies |
✓ |
✓ |
✓ |
|
|
|
|
|
✓ |
✓ |
✓ |
Exchange-Traded
Notes |
|
|
✓ |
|
|
|
|
|
|
|
✓ |
Foreign
Currency and Currency Hedging Transactions |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
Futures
Contracts and Options on Futures Contracts |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
Foreign
Securities |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
Gold
and Other Precious Metals |
|
|
|
|
|
|
|
|
|
|
✓ |
Healthcare
Companies |
✓ |
✓ |
|
|
|
|
|
|
|
✓ |
|
Illiquid
Securities |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
Industrial
Companies |
✓ |
✓ |
✓ |
|
|
|
|
|
✓ |
✓ |
✓ |
Master
Limited Partnerships |
|
|
✓ |
|
|
|
|
|
✓ |
|
✓ |
Natural
Resource Companies |
|
|
✓ |
|
|
|
|
|
|
|
✓ |
Other
Investment Companies |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
Preferred
Securities |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
Real
Estate Companies and Real Estate Investment
Trusts |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
Repurchase
Agreements |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
Securities
Lending |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
Short
Sales |
✓ |
✓ |
✓ |
✓ |
|
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
Swap
Transactions |
✓1
|
✓1
|
✓1
|
|
|
|
|
|
|
✓1
|
✓ |
Telecommunications
and Media Companies |
✓ |
✓ |
✓ |
|
|
|
|
|
✓ |
✓ |
✓ |
Utility
Companies |
✓ |
✓ |
✓ |
|
|
|
|
|
✓ |
✓ |
✓ |
Warrants
and Rights |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
Name,
Address(1)
and
Year of Birth |
Position(s)
Held
with
Funds |
Term
of
Office(2)
|
Principal
Occupation During
At
Least The Past Five Years
(Including
Other Directorships Held) |
Number
of
Funds
Within
Fund
Complex
Overseen
by Director
(Including
the Funds) |
Length
of
Time
Served(3)
|
Interested
Directors(4)
|
|
|
|
|
|
Joseph
M. Harvey |
Director
and
Chair |
Until
Next
Election
of
Directors |
Chief
Executive Officer since
2022
and President since 2003 of
Cohen
& Steers Capital
Management,
Inc. (“CSCM”),
and
Chief Executive Officer
since
2022 and President since
2004
of Cohen & Steers, Inc.
(“CNS”).
Chief Investment
Officer
of CSCM from 2003 to
2019.
Prior to that, Senior Vice
President
and Director of
Investment
Research of CSCM. |
20 |
Since
2014 |
1963 | |||||
Adam
M. Derechin |
Director |
Until
Next
Election
of
Directors |
Chief
Operating Officer of
CSCM
since 2003 and CNS since
2004.
President and Chief
Executive
Officer of the Funds
from
2005 to 2021. |
20 |
Since
2021 |
1964 | |||||
Independent
Directors |
|
|
|||
Michael
G. Clark |
Director |
Until
Next
Election
of
Directors |
CFA;
From 2006 to 2011,
President
and Chief Executive
Officer
of DWS Funds and
Managing
Director of Deutsche
Asset
Management. |
20 |
Since
2011 |
1965 | |||||
George
Grossman |
Director |
Until
Next
Election
of
Directors |
Attorney-at-law. |
20 |
Since
1993 |
1953 |
Name,
Address(1)
and
Year of Birth |
Position(s)
Held
with
Funds |
Term
of
Office(2) |
Principal
Occupation During
At
Least The Past Five Years
(Including
Other Directorships Held) |
Number
of
Funds
Within
Fund
Complex
Overseen
by Director
(Including
the Funds) |
Length
of
Time
Served(3) |
Dean
A. Junkans |
Director |
Until
Next
Election
of
Directors |
CFA;
Advisor to SigFig (a
registered
investment advisor)
from
July 2018 to July 2022;
Chief
Investment Officer at
Wells
Fargo Private Bank from
2004
to 2014 and Chief
Investment
Officer of the
Wealth,
Brokerage and
Retirement
group at Wells Fargo
&
Company from 2011 to 2014;
former
Member and Chair,
Claritas
Advisory Committee at
the
CFA Institute from 2013 to
2015;
former Adjunct Professor
and
Executive-In- Residence,
Bethel
University, 2015 to 2022;
former
Board Member and
Investment
Committee Member,
Bethel
University Foundation,
2010
to 2022; former Corporate
Executive
Board Member of the
National
Chief Investment
Officers
Circle, 2010 to 2015;
former
Member of the Board of
Governors
of the University of
Wisconsin
Foundation, River
Falls,
1996 to 2004; U.S. Army
Veteran,
Gulf War. |
20 |
Since
2015 |
1959 |
Name,
Address(1)
and
Year of Birth |
Position(s)
Held
with
Funds |
Term
of
Office(2) |
Principal
Occupation During
At
Least The Past Five Years
(Including
Other Directorships Held) |
Number
of
Funds
Within
Fund
Complex
Overseen
by Director
(Including
the Funds) |
Length
of
Time
Served(3) |
Gerald
J. Maginnis |
Director |
Until
Next
Election
of
Directors |
Philadelphia
Office Managing
Partner,
KPMG LLP from 2006
to
2015; Partner in Charge,
KPMG
Pennsylvania Audit
Practice
from 2002 to 2008;
President,
Pennsylvania Institute
of
Certified Public Accountants
(PICPA)
from 2014 to 2015;
Member,
PICPA Board of
Directors
from 2012 to 2016;
Member,
Council of the
American
Institute of Certified
Public
Accountants
(AICPA)
from 2013 to 2017;
Member,
Board of Trustees of
AICPA
Foundation from 2015 to
2020;
Board Member and Audit
Committee
Chairman of inTEST
Corporation
since 2020;
Chairman
of the Advisory Board
of
Centri Consulting LLC since
2022. |
20 |
Since
2015 |
1955 | |||||
Jane
F. Magpiong |
Director |
Until
Next
Election
of
Directors |
President,
Untap Potential since
2013;
Senior Managing Director,
TIAA-CREF,
from 2011 to 2013;
National
Head of Wealth
Management,
TIAA-CREF, from
2008
to 2011; President, Bank of
America
Private Bank from 2005
to
2008; Executive Vice
President,
Fleet Private Clients
Group,
from 2003 to 2004. |
20 |
Since
2015 |
1960 |
Name,
Address(1)
and
Year of Birth |
Position(s)
Held
with
Funds |
Term
of
Office(2) |
Principal
Occupation During
At
Least The Past Five Years
(Including
Other Directorships Held) |
Number
of
Funds
Within
Fund
Complex
Overseen
by Director
(Including
the Funds) |
Length
of
Time
Served(3) |
Daphne
L. Richards |
Director |
Until
Next
Election
of
Directors |
President
and CIO of Ledge
Harbor
Management since 2016;
Investment
Committee Member
of
the Berkshire Taconic
Community
Foundation since
2015;
Member of the Advisory
Board
of Northeast
Dutchess
Fund since 2016;
former
Independent Director of
Cartica
Management, LLC, 2015
to
2022; formerly worked at
Bessemer
Trust Company from
1999
to 2014; Frank Russell
Company
from 1996 to 1999;
Union
Bank of Switzerland from
1993
to 1996; Credit Suisse from
1990
to 1993; Hambros
International
Venture
Capital
Fund from 1988 to 1989. |
20 |
Since
2017 |
1966 | |||||
Ramona
Rogers-Windsor |
Director |
Until
Next
Election
of
Directors |
CFA;
Member, Capital
Southwest
Board of Directors
since
2021; Member, Thomas
Jefferson
University Board of
Trustees
since 2020; and its
insurance
subsidiary board,
Partners
Insurance
Company,
Inc., since 2023;
Managing
Director, Public
Investments
Department,
Northwestern
Mutual
Investment
Management
Company,
LLC from 2012 to
2019;
former Member,
Milwaukee
Film, LLC Board of
Directors
from 2016 to 2019. |
20 |
Since
2021 |
1960 |
Name,
Address(1)
and
Year of Birth |
Position(s)
Held
with
the Funds(2)
|
Principal
Occupation During at Least the Past Five Years |
Length
of
Time
Served(3)
|
James
Giallanza |
President
and Chief
Executive
Officer |
Executive
Vice President of CSCM since 2014. Prior to that,
Senior
Vice President of CSCM since 2006. |
2006 |
1966 | |||
Albert
Laskaj |
Treasurer
and
Chief
Financial
Officer |
Senior
Vice President of CSCM since 2019. Prior to that, Vice
President
of CSCM since 2015. |
2015 |
1977 | |||
Dana
A. DeVivo |
Secretary
and Chief
Legal
Officer |
Senior
Vice President of CSCM since 2019. Prior to that, Vice
President
of CSCM since 2013. |
2015 |
1981 |
Name,
Address(1)
and
Year of Birth |
Position(s)
Held
with
the Funds(2) |
Principal
Occupation During at Least the Past Five Years |
Length
of
Time
Served(3) |
Stephen
Murphy |
Chief
Compliance
Officer
and Vice
President |
Senior
Vice President of the Advisor since 2019. Prior to that,
Managing
Director at Mirae Asset Securities (USA) Inc. since
2017.
|
2019 |
1966 |
Name,
Address(1)
and
Year of Birth |
Position(s)
Held
with Fund(2)
|
Principal
Occupation During Past Five Years |
Length
of
Time
Served(3)
|
Elaine
Zaharis-Nikas |
Vice
President |
Senior
Vice President of the Advisor since 2014. Prior to that,
Vice
President of the Advisor since 2003. |
2015 |
1973 |
Name,
Address(1)
and
Year of Birth |
Position(s)
Held
with Fund(2)
|
Principal
Occupation During Past Five Years |
Length
of
Time
Served(3)
|
Benjamin
Morton |
Vice
President |
Executive
Vice President of the Advisor since 2019. Prior to
that,
Senior Vice President of the Advisor since 2010 and Vice
President
of the Advisor since 2005. |
2013 |
1974 | |||
Tyler
S. Rosenlicht |
Vice
President |
Senior
Vice President of the Advisor since 2018. Prior to that,
Vice
President of the Advisor since 2015 and an Analyst of
the
Advisor since 2012.
|
2015 |
1985 |
Name,
Address(1)
and
Year of Birth |
Position(s)
Held
with Fund(2)
|
Principal
Occupation During Past Five Years |
Length
of
Time
Served(3)
|
Benjamin
Morton |
Vice
President |
Executive
Vice President of the Advisor since 2019. Prior to
that,
Senior Vice President of the Advisor since 2010 and Vice
President
of the Advisor since 2005. |
2013 |
1974 | |||
Tyler
S. Rosenlicht |
Vice
President |
Senior
Vice President of the Advisor since 2018. Prior to that,
Vice
President of the Advisor since 2015 and an Analyst of
the
Advisor since 2012. |
2015 |
1985 | |||
Thuy
Quynh Dang |
Vice
President |
Vice
President of CSCM since 2011. |
2022 |
1979 |
Name,
Address(1)
and
Year of Birth |
Position(s)
Held
with Fund(2)
|
Principal
Occupation During Past Five Years |
Length
of
Time
Served(3)
|
Jon
Cheigh |
Vice
President |
Chief
Investment Officer of the Advisor since 2019 and
Executive
Vice President of the Advisor since 2012. Prior to
that,
Senior Vice President of the Advisor since 2007. |
2007 |
1972 |
Name,
Address(1)
and
Year of Birth |
Position(s)
Held
with Fund(2)
|
Principal
Occupation During Past Five Years |
Length
of
Time
Served(3)
|
Vincent
L. Childers |
Vice
President |
Senior
Vice President of the Advisor since 2013. Prior to that,
portfolio
manager for real asset strategies at
AllianceBernstein. |
2013 |
1976 | |||
Yigal
D. Jhirad |
Vice
President |
Senior
Vice President of the Advisor since 2007. |
2007 |
1964 |
Name,
Address(1)
and
Year of Birth |
Position(s)
Held
with Fund(2) |
Principal
Occupation During Past Five Years |
Length
of
Time
Served(3) |
Jon
Cheigh |
Vice
President |
Chief
Investment Officer of the Advisor since 2019 and
Executive
Vice President of the Advisor since 2012. Prior to
that,
Senior Vice President of the Advisor since 2007. |
2007 |
1972 | |||
Benjamin
Ross |
Vice
President |
Senior
Vice President of the Advisor since 2013. Prior to that,
co-portfolio
manager of the Active Commodities strategy at
GE
Asset Management since its 2006 inception. |
2013 |
1971 | |||
Jason
Yablon |
Vice
President |
Senior
Vice President of the Advisor since 2014. Prior to that,
Vice
President of the Advisor since 2008. |
2012 |
1979 |
Name,
Address(1)
and
Year of Birth |
Position(s)
Held
with Fund(2)
|
Principal
Occupation During Past Five Years |
Length
of
Time
Served(3)
|
Jon
Cheigh |
Vice
President |
Chief
Investment Officer of the Advisor since 2019, and
Executive
Vice President of the Advisor since 2012. Prior to
that,
Senior Vice President of the Advisor since 2007. |
2007 |
1972 | |||
Jason
Yablon |
Vice
President |
Executive
Vice President of the Advisor since 2022. Prior to
that,
Senior Vice President of the Advisor since 2014. |
2012 |
1979 | |||
Mathew
Kirschner |
Vice
President |
Senior
Vice President of the Advisor since 2019. Prior to that,
Vice
President of the Advisor since 2010. |
2020 |
1979 |
Name,
Address(1)
and
Year of Birth |
Position(s)
Held
with Fund(2)
|
Principal
Occupation During Past Five Years |
Length
of
Time
Served(3)
|
Yigal
D. Jhirad |
Vice
President |
Senior
Vice President of the Advisor since 2007. |
2007 |
1964 | |||
Jason
Yablon |
Vice
President |
Executive
Vice President of the Advisor since 2022. Prior to
that,
Senior Vice President of the Advisor since 2014. |
2012 |
1979 | |||
Mathew
Kirschner |
Vice
President |
Senior
Vice President of the Advisor since 2019. Prior to that,
Vice
President of the Advisor since 2010. |
2020 |
1979 |
|
Low
Duration
Preferred
and
Income
Fund |
Preferred
Securities
and
Income
SMA
Shares |
Future
of
Energy
Fund |
Global
Infrastructure
Fund |
Global
Realty
Shares |
Institutional
Realty
Shares |
International
Realty
Fund |
Preferred
Securities
and
Income
Fund |
Real
Assets
Fund |
Real
Estate
Securities
Fund |
Realty
Shares |
Aggregate
Dollar
Range
of
Equity
Securities
in
the
Cohen
&
Steers
Fund
Complex(1)
|
Joseph
M. Harvey |
A |
A |
A |
A |
A |
E |
A |
A |
E |
A |
A |
E |
Adam
M. Derechin |
A |
A |
A |
A |
A |
E |
A |
A |
E |
A |
A |
E |
Michael
G. Clark |
C |
A |
C |
C |
C |
A |
C |
C |
C |
C |
A |
E |
George
Grossman |
A |
A |
A |
A |
C |
A |
A |
A |
A |
D |
D |
E |
Dean
A. Junkans |
E |
A |
E |
A |
A |
A |
A |
E |
A |
A |
D |
E |
Gerald
J. Maginnis |
C |
A |
C |
C |
C |
C |
C |
C |
C |
C |
C |
E |
Jane
F. Magpiong |
C |
A |
C |
C |
C |
A |
A |
E |
C |
A |
E |
E |
Daphne
L. Richards |
A |
A |
A |
A |
A |
A |
A |
E |
A |
A |
E |
E |
Ramona
Rogers-Windsor |
B |
A |
A |
B |
B |
A |
B |
B |
B |
B |
B |
E |
|
Contract
Review
Committee |
Governance
Committee |
Nominating
Committee |
Audit
Committee |
Dividend
Committee |
Low
Duration Preferred and Income Fund |
2 |
5 |
0 |
5 |
2 |
Preferred
Securities and Income SMA Shares |
2 |
5 |
0 |
5 |
0 |
Future
of Energy Fund |
2 |
5 |
0 |
5 |
0 |
Global
Infrastructure Fund |
2 |
5 |
0 |
5 |
0 |
Global
Realty Shares |
2 |
5 |
0 |
5 |
0 |
Institutional
Realty Shares |
2 |
5 |
0 |
5 |
0 |
|
Contract
Review
Committee |
Governance
Committee |
Nominating
Committee |
Audit
Committee |
Dividend
Committee |
International
Realty Fund |
2 |
5 |
0 |
5 |
0 |
Preferred
Securities and Income Fund |
2 |
5 |
0 |
5 |
1 |
Real
Assets Fund |
2 |
5 |
0 |
5 |
0 |
Real
Estate Securities Fund |
2 |
5 |
0 |
5 |
0 |
Realty
Shares |
2 |
5 |
0 |
5 |
0 |
Name
of Person,
Position |
Low
Duration
Preferred
and
Income
Fund |
Preferred
Securities
and
Income
SMA
Shares(2)
|
Future
of
Energy
Fund |
Global
Infrastructure
Fund |
Global
Realty
Shares |
Institutional
Realty
Shares |
International
Realty
Fund |
Preferred
Securities
and
Income
Fund |
Real
Assets
Fund |
Real
Estate
Securities
Fund |
Realty
Shares |
Total
Compensation
Paid
to
Director
or
Officer
by
Fund
Complex(1)
|
Michael
G. Clark,
Director
and Lead Independent Director |
$13,951 |
$2,607 |
$861 |
$6,354 |
$12,899 |
$42,715 |
$3,390 |
$56,545 |
$6,409 |
$50,761 |
$38,309 |
$290,000 |
Adam
M. Derechin,
Director(2) |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
George
Grossman,
Director |
$10,824 |
$2,023 |
$668 |
$4,930 |
$10,008 |
$33,141 |
$2,630 |
$43,871 |
$4,972 |
$39,384 |
$29,722 |
$225,000 |
Joseph
M. Harvey,
Chair
and Director(2) |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
Dean
A. Junkans,
Director
and Contract Review
Committee
Chair |
$11,786 |
$2,203 |
$727 |
$5,368 |
$10,897 |
$36,087 |
$2,864 |
$47,771 |
$5,414 |
$42,885 |
$32,364 |
$245,000 |
Gerald
J. Maginnis,
Director
and Audit
Committee
Chair |
$12,267 |
$2,293 |
$757 |
$5,588 |
$11,342 |
$37,560 |
$2,981 |
$49,720 |
$5,635 |
$44,635 |
$33,685 |
$255,000 |
Jane
F. Magpiong,
Director,
Governance
Committee Chair and Nominating
Committee
Chair |
$11,786 |
$2,203 |
$727 |
$5,368 |
$10,897 |
$36,087 |
$2,864 |
$47,771 |
$5,414 |
$42,885 |
$32,364 |
$245,000 |
Name
of Person,
Position |
Low
Duration
Preferred
and
Income
Fund |
Preferred
Securities
and
Income
SMA
Shares(2) |
Future
of
Energy
Fund |
Global
Infrastructure
Fund |
Global
Realty
Shares |
Institutional
Realty
Shares |
International
Realty
Fund |
Preferred
Securities
and
Income
Fund |
Real
Assets
Fund |
Real
Estate
Securities
Fund |
Realty
Shares |
Total
Compensation
Paid
to
Director
or
Officer
by
Fund
Complex(1) |
Daphne
L. Richards,
Director
and Dividend
Committee
Chair |
$11,305 |
$2,113 |
$697 |
$5,149 |
$10,452 |
$34,614 |
$2,747 |
$45,821 |
$5,193 |
$41,134 |
$31,043 |
$235,000 |
Ramona
Rogers-Windsor,
Director |
$10,824 |
$2,023 |
$668 |
$4,930 |
$10,008 |
$33,141 |
$2,630 |
$43,871 |
$4,972 |
$39,384 |
$29,722 |
$225,000 |
Chief
Compliance Officer |
$13,178 |
$2,470 |
$840 |
$6,148 |
$12,633 |
$42,457 |
$3,335 |
$54,339 |
$6,238 |
$50,148 |
$34,884 |
$307,500 |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
Morgan
Stanley Smith Barney
For
the Exclusive Benefit to its Customers
1
New York Plaza
Floor
12
New
York, NY 10004-1965 |
A
C
I
R |
30.27%
14.56%
18.81%
96.30% |
Wells
Fargo Clearing Services
For
Exclusive Benefit of Our Customers
2801
Market Street
St.
Louis, MO 63103 |
A
C
I |
13.81%
21.34%
11.21% |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
|
|
|
Charles
Schwab & Co., Inc.
Special
Custody A/C FBO Customers
Attn:
Mutual Funds
211
Main Street
San
Francisco, CA 94105-1905 |
A
C
I |
7.34%
10.15%
11.82% |
|
|
|
UBS
WM USA
OMNI
ACCOUNT M/F
1000
Harbor Blvd., Fl 5
Weehawken,
NJ 07086-6761 |
A
C
I |
5.80%
6.69%
8.22% |
|
|
|
Pershing
LLC
1
Pershing Plaza
Jersey
City, NJ 07399-0002 |
A |
6.02% |
|
|
|
Merrill
Lynch
For
Exclusive Benefit of Our Customers
4800
Deer Lake Drive East
Jacksonville,
FL 32246-6484 |
A
C
I |
23.44%
26.10%
20.30% |
|
|
|
Raymond
James
Omnibus
for Mutual Funds
880
Carillon Pkwy
St.
Petersburg, FL 33716-1100 |
C |
7.46% |
|
|
|
JP
Morgan Securities LLC
Omnibus
Account for the Exclusive Benefits of Customers
4
Chase Metrotech CTR, FL 3rd
Brooklyn,
NY 11245-0003 |
F |
89.52% |
|
|
|
Wells
Fargo Bank NA FBO
Omnibus
P.O.
Box 1533
Minneapolis,
MN 55480-1533 |
F |
10.31% |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
|
|
|
National
Financial Services LLC
FBO
Exclusive Customers
Attn:
Mutual Funds Dept
499
Washington Blvd.
Jersey
City, NJ 07310-1995 |
I |
9.61% |
|
|
|
Ascensus
Trust Company FBO
Prescryptive
Health 401(K) Plan
P.O.
Box 10758
Fargo,
ND 58106-0758 |
Z |
31.50% |
|
|
|
Charles
Schwab & Co., Inc.
Special
Custody A/C FBO Customers
Attn:
Mutual Funds
101
Montgomery Street
San
Francisco, CA 94104-4151 |
Z |
63.78% |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
Morgan
Stanley Smith Barney LLC
For
the Exclusive Benefit of its Customers
1
New York Plaza
Floor
12
New
York, NY 10004-1901 |
N/A |
33.22% |
Wells
Fargo Clearing Services LLC
Special
Custody Account
For
the Exclusive Benefit of the Customer
2801
Market Street
Saint
Louis, MO 63103-2523 |
N/A |
21.71% |
Merrill
Lynch
For
the Exclusive Benefit of Our Customers
4800
Deer Lake Drive East
Jacksonville,
FL 32246-6484 |
N/A |
24.90% |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
|
|
|
UBS
WM USA
Omni
Account M/F
1000
Harbor Blvd.
Weehawken,
NJ 07086-6761 |
N/A |
10.69% |
|
|
|
National
Financial Services LLC
FBO
Exclusive Customers
Attn:
Mutual Funds Dept
499
Washington Blvd.
Jersey
City, NJ 07310-1995 |
N/A |
5.03% |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
Morgan
Stanley Smith Barney
For
the Exclusive Benefit of its Customers
1
New York Plaza
Floor
12
New
York, NY 10004-1965 |
A
C
I |
24.15%
35.29%
27.59% |
Merrill
Lynch
For
the Exclusive Benefit of Our Customers
4800
Deer Lake Drive East
Jacksonville,
FL 32246-6484 |
A
C
I |
7.27%
12.10%
12.52% |
Charles
Schwab & Co., Inc.
Reinvest
Account
Attn:
Mutual Funds
211
Main Street
San
Francisco, CA 94105-1905 |
A
I |
13.04%
20.34% |
American
Enterprise Investment SVCS
FBO
41999970
707
2nd
Ave S
Minneapolis,
MN 55402-2405 |
A |
6.65% |
UBS
WM USA
OMNI
ACCOUNT M/F
1000
Harbor BLVD Fl 5
Weehawken,
NJ 07086-6761 |
C
I
R |
5.26%
6.15%
25.36% |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
|
|
|
Pershing
LLC
1
Pershing Plaza
Jersey
City, NJ 07399-0002 |
C |
41.14% |
|
|
|
Raymond
James
Omnibus
for Mutual Funds
House
Account
880
Carillon Parkway
St.
Petersburg, FL 33716-1100 |
I |
13.04% |
|
|
|
Charles
Schwab & Co., Inc.
Special
Custody A/C FBO Customers
Attn:
Mutual Funds
211
Main Street
San
Francisco, CA 94105-1905 |
I |
6.23% |
|
|
|
National
Financial Services LLC
499
Washington Blvd.
Jersey
City, NJ 07310-1995 |
I
R
Z |
8.12%
13.17%
64.24% |
|
|
|
Ascensus
Trust Co
FBO
Interior Glass Inc. 401(K) Plan
P.O.
Box 10758
Fargo,
ND 58106-0758 |
R |
20.30% |
|
|
|
Ascensus
Trust Co
FBO
Inglewood Physical Therapy, P.S. 401
P.O.
Box 10758
Fargo,
ND 58106-0758 |
R |
6.36% |
|
|
|
Matrix
Trust Company
Cust.
FBO Current Media Partners LLC 401K
717
17th
Street, Suite 1300
Denver,
CO 80202-3304 |
R |
12.29% |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
|
|
|
TD
Ameritrade Inc.
For
the Exclusive Benefit of Our Clients
P.O.
Box 2226
Omaha,
NE 68103-2226 |
Z |
28.77% |
|
|
|
Charles
Schwab & Co., Inc.
Special
Custody Acct FBO Customers
Attn
Mutual Funds
101
Montgomery Street
San
Francisco, CA 94104-4151 |
Z |
5.26% |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
Morgan
Stanley Smith Barney LLC
For
the Exclusive Benefit of its Customers
1
New York Plaza
Floor
12
New
York, NY 10004-1901 |
A
C
L |
9.02%
33.80%
14.37% |
Charles
Schwab & Co., Inc.
Reinvest
Account
Attn:
Mutual Funds
101
Montgomery Street
San
Francisco, CA 94101-4151 |
A
I
L |
8.68
15.60%
29.88% |
Wells
Fargo Clearing Services
For
Exclusive Benefit of Our Customers
2801
Market Street
St.
Louis, MO 63103 |
A
C |
6.07%
17.17% |
Charles
Schwab & Co., Inc.
Special
Custody A/C FBO Customers
Attn:
Mutual Funds
211
Main Street
San
Francisco, CA 94105-1905 |
I
Z |
6.73%
8.26% |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
|
|
|
Raymond
James
Omnibus
for Mutual Funds
House
Account
880
Carillon Parkway
St.
Petersburg, FL 33716-1100 |
A
C
I |
14.67%
12.08%
9.63% |
|
|
|
MMATCO
LLP
Nominee
for MMA Trust Company
P.O.
Box 483
1110
N Main Street
Goshen,
IN 46527-0483 |
A |
17.98% |
|
|
|
Pershing
LLC
1
Pershing Plaza
Jersey
City, NJ 07399-0002 |
C
I |
7.24%
16.58% |
|
|
|
Merrill
Lynch
For
the Exclusive Benefit of Our Customers
4800
Deer Lake Drive East
2nd
Floor
Jacksonville,
FL 32246-6484 |
C
I |
10.18%
6.75% |
|
|
|
National
Financial Services LLC
499
Washington Blvd.
Jersey
City, NJ 07310-1995 |
I
L
Z |
27.50%
19.88%
38.55% |
|
|
|
VantageTrust
- Unitized
C/O
ICMA Retirement Corporation
777
North Capitol Street, NE
Washington,
DC 20002-4239 |
L |
6.35% |
|
|
|
07ND84PC
P.O.
Box 1090
Paris,
TN 38242-1090 |
R |
71.42% |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
|
|
|
Principal
Bank
FBO
City of Houston Deferred Compensation Trust
8515
E Orchard RD 2T2
Greenwood
Village, CO 80111-5002 |
Z |
11.14% |
|
|
|
Empower
Trust FBO
Empower
Benefit Plans
8515
E Orchard RD 2T2
Greenwood
Village, CO 80111-5002 |
Z |
5.00% |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
Pershing
LLC
1
Pershing Plaza
Jersey
City, NJ 07399-0002 |
N/A |
6.57% |
National
Financial Services LLC
499
Washington Blvd.
Jersey
City, NJ 07310-1995 |
N/A |
21.59% |
Charles
Schwab & Co., Inc.
Reinvest
Account
Attn:
Mutual Funds
101
Montgomery Street
San
Francisco, CA 94101-4151 |
N/A |
33.86% |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
Morgan
Stanley Smith Barney
For
the Exclusive Benefit of its Customers
1
New York Plaza
Floor
12
New
York, NY 10004-1965 |
A
C |
5.73%
7.41% |
John
Hancock Life Insurance Co USA
200
Berkeley Street
Boston,
MA 02116-5023 |
A
R |
6.37%
6.19% |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
|
|
|
Minnesota
Life Insurance Company
400
Robert Street North
Saint
Paul, MN 55101-2099 |
A |
7.12% |
|
|
|
Nationwide
Life Insurance Company
DCVA
C/O
IPO Portfolio Accounting
P.O.
Box 182029
Columbus,
OH 43218-2029 |
A |
8.46% |
|
|
|
Charles
Schwab & Co., Inc.
Reinvest
Account
Attn:
Mutual Funds
101
Montgomery Street
San
Francisco, CA 94101-4151 |
A
I
Z |
8.40%
19.05%
5.80% |
|
|
|
Nationwide
Life Insurance Company
NACO
C/O
IPO Portfolio Accounting
P.O.
Box 182029
Columbus,
OH 43218-2029 |
A |
6.07% |
|
|
|
Merrill
Lynch
For
Exclusive Benefit of Our Customers
4800
Deer Lake Drive East
2nd
Floor
Jacksonville,
FL 32246-6484 |
A
C
Z |
7.41%
8.72%
9.69% |
|
|
|
National
Financial Services LLC
499
Washington Blvd.
Jersey
City, NJ 07310-1995 |
A
F
I
Z |
11.18%
5.84%
11.43%
18.31% |
|
|
|
Wells
Fargo Clearing Services
For
Exclusive Benefit of Our Customers
2801
Market Street
St.
Louis, MO 63103 |
C |
33.00% |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
|
|
|
Pershing
LLC
1
Pershing Plaza
Jersey
City, NJ 07399-0002 |
C
I |
8.28%
42.17% |
|
|
|
LPL
Financial
Omnibus
Customer Account
Attn:
Mutual Fund Trading
4707
Executive Drive
San
Diego, CA 92121-3091 |
C |
8.12% |
|
|
|
Charles
Schwab & Co., Inc.
Special
Custody A/C FBO Customers
Attn:
Mutual Funds
211
Main Street
San
Francisco, CA 94105-1905 |
C |
6.28% |
|
|
|
UBS
WM USA
Omni
Account M/F
1000
Harbor Blvd., Fl. 5
Weehawken,
NJ 07086-6761 |
C |
6.51% |
|
|
|
Raymond
James
Omnibus
for Mutual Funds
880
Carillon Pkwy
St.
Petersburg, FL 33716-1100 |
C |
6.26% |
|
|
|
JP
Morgan Securities LLC
Omnibus
for the Exclusives Benefits of Customers Mutual Fund
Department
4
Chase Metrotech Center, Floor 3
Brooklyn,
NY 11245-0003 |
F |
89.94% |
|
|
|
State
Street Bank & Trust
As
Trustee and/or Custodian
FBO
ADP Access Product
1
Congress Street, Suite 1
Boston,
MA 02114-2016 |
R |
9.84% |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
|
|
|
DCGT
as TTEE and/or Custodian
FBO
PLIC Various Retirement Plans Omnibus
Attn:
NPIO Trade Desk
711
High Street
Des
Moines, IA 50392-0001 |
R |
11.56% |
|
|
|
Empower
Trust
FBO
Recordkeeping for Various Benefit
8525
E Orchard Road
Greenwood
Village, CO 80111-5002 |
R
Z |
17.01%
6.45% |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
Morgan
Stanley Smith Barney
For
the Exclusive Benefit of its Customers
1
New York Plaza
Floor
12
New
York, NY 10004-1965 |
A
C
I |
20.75%
53.69%
29.12% |
Wells
Fargo Clearing Services
For
Exclusive Benefit of Our Customers
2801
Market Street
St.
Louis, MO 63103 |
A
C |
6.18%
10.56% |
Empower
Trust FBO
Recordkeeping
for Large Benefit Plan
8525
E. Orchard Road
Greenwood
Village, CO 80111-5002 |
A |
15.13% |
Charles
Schwab & Co., Inc.
Reinvest
Account
Attn:
Mutual Funds
101
Montgomery Street
San
Francisco, CA 94101-4151 |
A
I |
11.59%
23.07% |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
|
|
|
Merrill
Lynch
For
Exclusive Benefit of Our Customers
4800
Deer Lake Drive East
2nd
Floor
Jacksonville,
FL 32246-6484 |
A
C
Z |
15.78%
6.15%
17.35% |
|
|
|
LPL
Financial
Omnibus
Customer Account
Attn:
Mutual Fund Trading
4707
Executive Drive
San
Diego, CA 92121-3091 |
C |
12.13% |
|
|
|
Pershing
LLC
1
Pershing Plaza
Jersey
City, NJ 07399-0002 |
I |
10.15% |
|
|
|
National
Financial Services LLC
499
Washington Blvd.
Jersey
City, NJ 07310-1995 |
I
Z |
9.51%
20.04% |
|
|
|
Matrix
Trust Company Custodian FBO
Kuerth’s
Disposal, Inc. 401(k) Plan
717
17th
Street, Suite 1300
Denver,
CO 80202-3304 |
R |
5.63% |
|
|
|
SEI
Private Trust Company
FBO
Clinton Utilities Board
1
Freedom Valley Drive
Oaks,
PA 19456-9989 |
R |
61.78% |
|
|
|
Ascensus
Trust Company
FBO
Christos Medical Group 401K Plan
P.O.
Box 10758
Fargo,
ND 58106-0758 |
R |
14.45% |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
|
|
|
TIAA
Trust, N.A.
As
Cust/TTEE or retirement Plans
Attn:
Fund Operations
8500
Andrew Carnegie Blvd.
Charlotte,
NC 28262-8500 |
Z |
30.11% |
|
|
|
Reliance
Trust Company
FBO
City of Livonia
P.O.
Box 78446
Atlanta,
GA 30357 |
Z |
5.47% |
|
|
|
Keybank
NA
EBCI
Governmental RET Plan PRI USD
P.O.
Box 94871
Cleveland,
OH 44101-4871 |
Z |
7.60% |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
Morgan
Stanley Smith Barney
For
the Exclusive Benefit of its Customers
1
New York Plaza
Floor
12
New
York, NY 10004-1965 |
A |
19.99% |
Wells
Fargo Clearing Services
For
Exclusive Benefit of our Customers
2801
Market Street
St.
Louis, MO 63103 |
A
C |
8.78%
8.14% |
UBS
WM USA
Omni
Account M/F
1000
Harbor Blvd.
Weehawken,
NJ 07086-6761 |
A
R |
7.61%
28.30% |
Merrill
Lynch
For
Exclusive Benefit of Our Customers
4800
Deer Lake Drive East
2nd
Floor
Jacksonville,
FL 32246-6484 |
A |
14.69% |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
|
|
|
Charles
Schwab & Co., Inc.
Reinvest
Account
Attn:
Mutual Funds
101
Montgomery Street
San
Francisco, CA 94101-4151 |
A
I |
14.73%
89.41% |
|
|
|
JP
Morgan Securities LLC
Omnibus
Account for the Exclusive Benefits of Customers
Mutual
Fund Department
4
Chase Metrotech CTR FL 3rd
Brooklyn,
NY 11245-0003 |
C |
15.23% |
|
|
|
LPL
Financial
Omnibus
Customer Account
Attn:
Mutual Fund Trading
4707
Executive Drive
San
Diego, CA 92121-3091 |
C |
20.80% |
|
|
|
National
Financial Services LLC
499
Washington Blvd.
Jersey
City, NJ 07310-1995 |
C |
21.82% |
|
|
|
Raymond
James
Omnibus
for Mutual Funds
House
Account
880
Carillon Parkway
St.
Petersburg, FL 33716-1100 |
C |
13.41% |
|
|
|
Cohen
& Steers Capital Management Inc.
1166
Avenue of the Americas, 30th
Floor
New
York, NY 10036 |
R
Z |
11.66%
13.55% |
|
|
|
Ascensus
Trust Company
FBO
LSE Contractors, LLC 401(K)
P.O.
Box 10758
Fargo,
ND 58106-0758 |
R |
60.04% |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
|
|
|
The
Trust Co of Knoxville, Trustee
Webnet
Memphis, Inc. 401(K) PSP
4823
Old Kingston Pike
Suite
100
Knoxville,
TN 37919-6499 |
Z |
84.16% |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
Morgan
Stanley Smith Barney
For
the Exclusive Benefit of its Customers
1
New York Plaza
Floor
12
New
York, NY 10004-1965 |
A
C |
11.81%
18.24% |
Wells
Fargo Clearing Services
For
Exclusive Benefit of Our Customers
2801
Market Street
St.
Louis, MO 63103-2523 |
A
C |
9.04%
18.00% |
Charles
Schwab & Co., Inc.
Reinvest
Account
Attn:
Mutual Funds
101
Montgomery Street
San
Francisco, CA 94101-4151 |
A
I |
22.28%
23.53% |
Merrill
Lynch
For
Exclusive Benefit of Our Customers
4800
Deer Lake Drive East
2nd
Floor
Jacksonville,
FL 32246-6484 |
A
C
I |
25.00%
16.31%
5.59% |
American
Enterprise Investment SVCS
FBO
41999970
707
2nd
Ave. S
Minneapolis,
MN 55402-2405 |
C |
16.63% |
Pershing
LLC
1
Pershing Plaza
Jersey
City, NJ 07399-0002 |
C |
5.05% |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
|
|
|
National
Financial Services LLC
499
Washington Blvd.
Jersey
City, NJ 07310-1995 |
I
Z |
20.03%
11.41% |
|
|
|
Global
Trust Company
FBO
KPMG Pension Plan
12
Gil St. STE 2600
Woburn,
MA 01801-1729 |
I |
8.34% |
|
|
|
Cohen
& Steers Capital Management Inc.
1166
Avenue of the Americas, 30th
Floor
New
York, NY 10036 |
R |
16.66% |
|
|
|
Ascensus
Trust Company
FBO
BFG Software LLC 401(K) P/S Plan
P.O.
Box 10758
Fargo,
ND 58106-0758 |
R |
82.54% |
|
|
|
Charles
Schwab & Co., Inc.
Special
Custody Acct FBO Customers
Attn:
Mutual Funds
101
Montgomery Street
San
Francisco, CA 94101-4151 |
Z |
17.07% |
|
|
|
Matrix
Trust Company
Cust
FBO Teamsters Local No. 134 Pension
P.O.
Box 52129
Phoenix,
AZ 85072-2129 |
Z |
10.17% |
|
|
|
Matrix
Trust Company
Cust
FBO French Paper Company Pension Plan
P.O.
Box 52129
Phoenix,
AZ 85072-2129 |
Z |
8.47% |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
|
|
|
Matrix
Trust Company
Cust
FBO Salaried Retirement Plan of Finch
P.O.
Box 52129
Phoenix,
AZ 85072-2129 |
Z |
32.80% |
|
|
|
Matrix
Trust Company
Jeff
Bank Pension Plan
P.O.
Box 52129
Phoenix,
AZ 85072-2129 |
Z |
11.29% |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
Morgan
Stanley Smith Barney
For
the Exclusive Benefit of its Customers
1
New York Plaza
Floor
12
New
York, NY 10004-1965 |
A
C
I |
17.24%
17.32%
14.78% |
Wells
Fargo Clearing Services
For
Exclusive Benefit of Our Customers
2801
Market Street
St.
Louis, MO 63103 |
A
C
I |
11.57%
21.55%
7.12% |
Charles
Schwab & Co., Inc.
Reinvest
Account
Attn:
Mutual Funds
101
Montgomery Street
San
Francisco, CA 94101-4151 |
A
I
Z |
9.59%
11.62%
17.94% |
Merrill
Lynch
For
Exclusive Benefit of Our Customers
4800
Deer Lake Drive East
2nd
Floor
Jacksonville,
FL 32246-6484 |
A
C
I |
23.94%
18.95%
16.59% |
Pershing
LLC
1
Pershing Plaza
Jersey
City, NJ 07399-0002 |
C
Z |
5.57%
8.69% |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
|
|
|
Charles
Schwab & Co., Inc.
Special
Custody A/C FBO Customers
Attn:
Mutual Fund
211
Main Street
San
Francisco, CA 94105-1905 |
C
R |
7.71%
23.04% |
|
|
|
UBS
WM USA
Omni
Account M/F
1000
Harbor Blvd., Fl. 5
Weehawken,
NJ 07086-6761 |
C
I
R |
6.53%
10.37%
48.16% |
|
|
|
Raymond
James
Omnibus
for Mutual Funds
House
Account
880
Carillon Parkway
St.
Petersburg, FL 33716-1100 |
C |
6.64% |
|
|
|
JP
Morgan Securities LLC
Omnibus
for the Exclusives Benefits of Customers Mutual Fund
Department
4
Chase Metrotech Center, Floor 3
Brooklyn,
NY 11245-0003 |
F |
70.84% |
|
|
|
Wells
Fargo Bank NA
FBO
OMNIBUS CASH
P.O.
Box 1533
Minneapolis,
MN 55480-1533 |
F |
15.30% |
|
|
|
National
Financial Services LLC
499
Washington Blvd.
Jersey
City, NJ 07310-1995 |
F
I
Z |
8.72%
13.32%
26.81% |
|
|
|
John
Hancock Trust Company LLC
200
Berkley St. STE 7
Boston,
MA 02116-5038 |
R |
22.57% |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
|
|
|
Capinco
- C/O US Bank NA
Sole
and Separate Property
1555
N. Rivercenter Drive STE 302
Milwaukee,
WI 53212-3958 |
Z |
10.75% |
|
|
|
AXOS
Clearing LLC
FBO
#817
P.O.
Box 6503
Englewood,
CO 80155-6503 |
Z |
18.60% |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
Pershing
LLC
1
Pershing Plaza
Jersey
City, NJ 07399-0002 |
A |
9.68% |
Charles
Schwab & Co., Inc
Special
Custody A/C FBO Customers
Attn:
Mutual Funds
211
Main Street
San
Francisco, CA 94105-1905 |
A
I |
9.42%
12.46% |
Charles
Schwab & Co., Inc.
Reinvest
Account
Attn:
Mutual Funds
101
Montgomery St
San
Francisco, CA 94104-4151 |
A
I |
10.87%
15.35% |
Merrill
Lynch
For
Exclusive Benefit of Our Customers
4800
Deer Lake Dr. East
2nd
Floor
Jacksonville,
FL 32246-6484 |
A
C
I |
37.86%
58.64%
12.64% |
UBS
WM USA
SPEC
CDY A/C EBOC UBSFSI
OMNI
ACCOUNT M/F
1000
Harbor BLVD
Weehawken,
NJ 07086-6761 |
C
R |
24.91%
42.74% |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
|
|
|
Raymond
James
Omnibus
for Mutual Funds
House
Account
880
Carillon Parkway
St.
Petersburg, FL 33716-1100 |
C |
5.20% |
|
|
|
Pershing
LLC
1
Pershing Plaza
Jersey
City, NJ 07399-0002 |
C |
5.05% |
|
|
|
JP
Morgan Securities LLC
Omnibus
Account for the Exclusive Benefit of Customers
Mutual
Fund Department
4
Chase Metrotech CTR FL 3rd
Brooklyn,
NY 11245-0003 |
I |
6.13% |
|
|
|
Capinco
- C/O US Bank NA
Sole
and Separate Property
1555
N. Rivercenter Drive STE 302
Milwaukee,
WI 53212-3958 |
I |
7.69% |
|
|
|
National
Financial Services LLC
499
Washington Blvd.
Jersey
City, NJ 07310-1995 |
I
Z |
25.72%
19.33% |
|
|
|
Morgan
Stanley Smith Barney
For
the Exclusive Benefit of its Customers
1
New York Plaza
Floor
12
New
York, NY 10004-1932 |
R |
57.26% |
|
|
|
Reliance
Trust Company FBO
Prime
Buch
P.O.
Box 78446
Atlanta,
GA 30357-2446 |
Z |
12.19% |
Name
and Address |
Fund
Classes |
Percentage
of
Total
Shares Held |
|
|
|
Bancmont
FBO
MFPAE
P.O.
Box 2309
Great
Falls, MT 59403-2309 |
Z |
8.01% |
|
|
|
Bancmont
FBO
MFPBA
P.O.
Box 2309
Great
Falls, MT 59403-2309 |
Z |
9.07% |
|
|
|
Empower
Trust
FBO
Employee Benefit Clients 401K
8515
E Orchard Rd. 2T2
Greenwood
Village, CO 80111-5002 |
Z |
34.75% |
|
|
|
FIIOC
FBO
SMC
Corporation Retirement Savings Plan
100
Magellan Way #KW1C
Covington,
KY 41015-1987 |
Z |
5.65% |
Name
and Address |
Percentage
of
Total
Shares Held |
Morgan
Stanley Smith Barney
For
the Exclusive Benefit of its Customers
1
New York Plaza
Floor
12
New
York, NY 10004-1932 |
27.55% |
Name
and Address |
Percentage
of
Total
Shares Held |
Morgan
Stanley Smith Barney
For
the Exclusive Benefit of its Customers
1
New York Plaza
Floor
12
New
York, NY 10004-1932 |
26.02% |
Name
and Address |
Percentage
of
Total
Shares Held |
Charles
Schwab & Co., Inc.
Special
Custody A/C FBO Customers
Attn:
Mutual Funds
211
Main Street
San
Francisco, CA 94105-1905 |
26.54% |
Name
and Address |
Percentage
of
Total
Shares Held |
Charles
Schwab & Co., Inc.
Special
Custody A/C FBO Customers
Attn:
Mutual Funds
211
Main Street
San
Francisco, CA 94105-1905 |
34.29% |
Name
and Address |
Percentage
of
Total
Shares Held |
Pershing
LLC
1
Pershing Plaza
Jersey
City, NJ 07399-0002 |
27.77% |
Name
and Address |
Percentage
of
Total
Shares Held |
Charles
Schwab & Co., Inc.
Special
Custody A/C FBO Customers
Attn:
Mutual Funds
211
Main Street
San
Francisco, CA 94105-1905 |
85.70% |
Name
and Address |
Percentage
of
Total
Shares Held |
Charles
Schwab & Co., Inc.
Special
Custody A/C FBO Customers
Attn:
Mutual Funds
211
Main Street
San
Francisco, CA 94105-1905 |
25.25% |
Name
and Address |
Percentage
of
Total
Shares Held |
Charles
Schwab & Co., Inc.
Special
Custody A/C FBO Customers
Attn:
Mutual Funds
211
Main Street
San
Francisco, CA 94105-1905 |
26.85% |
National
Financial Services LLC
499
Washington Blvd.
Jersey
City, NJ 07310-1995 |
25.14% |
Fund |
Advisory/Management
Fee |
Waiver/
Reimbursement Arrangement |
Low
Duration Preferred and
Income
Fund* |
0.65% |
Through
June 30, 2025, the Advisor
has
contractually agreed to waive its
fee
and/or reimburse the Fund so that
the
Fund’s total annual operating
expenses
do not exceed 0.95% for
Class
A shares, 1.60% for Class C
shares,
0.60% for Class F shares,
0.60%
for Class I shares, 1.10% for
Class
R shares and 0.60% for Class Z
shares. |
Preferred
Securities and Income SMA
Shares |
0.00% |
The
Advisor has contractually agreed
to
reimburse the Fund so that the total
annual
Fund operating expenses
(excluding
acquired fund fees and
expenses,
interest, taxes,
extraordinary
expenses, and other
expenses
approved by the Board of
Directors)
do not exceed 0.00%,
subject
to exclusions described in the
Fund’s
Prospectus. |
Future
of Energy Fund* |
0.80% |
Through
June 30, 2025, the Advisor
has
contractually agreed to waive its
fee
and/or reimburse the Fund so that
the
Fund’s total annual operating
expenses
do not exceed 1.25% for
Class
A shares, 1.90% for Class C
shares,
0.90% for Class F shares,
0.90%
for Class I shares, 1.40% for
Class
R shares and 0.90% for Class Z,
subject
to exclusions described in the
Fund
Prospectus. Class
F shares are
not
currently available for purchase. |
Global
Infrastructure Fund* |
0.75%
for assets up to and
including
$1.5 billion; 0.65%
for
assets above $1.5 billion |
Through
June 30, 2025, the Advisor
has
contractually agreed to waive
and/or
reimburse the Fund’s Class I
shareholder
service fee up to the
maximum
shareholder service fee of
0.10%.
|
Global
Realty Shares* |
0.75% |
Through
June 30, 2025, the Advisor
has
contractually agreed to waive its
fee
and/or reimburse the Fund so that
|
Fund |
Advisory/Management
Fee |
Waiver/
Reimbursement Arrangement |
|
|
the
Fund’s total annual operating
expenses
do not exceed 1.25% for
Class
A shares, 1.90% for Class C
shares,
0.90% for Class F shares,
0.90%
for Class I shares, 1.40% for
Class
R shares and 0.90% for Class Z
shares,
subject to the exclusions
described
in the Fund Prospectus.
Class
F shares are not currently
available
for purchase. |
Institutional
Realty Shares |
0.75% |
The
Advisor contractually agreed to
waive
its fee and/or reimburse the
Fund
so that its total annual operating
expenses
never exceed 0.75% of
average
daily net assets, subject to the
exclusions
described in the Fund
Prospectus.
This commitment will
remain
in place for the life of the
Fund. |
International
Realty Fund* |
0.95%
for assets up to and
including
$1.5 billion; 0.85%
for
assets above $1.5 billion |
Through
June 30, 2025, the Advisor
has
contractually agreed to waive its
fee
and/or reimburse the Fund so that
the
Fund’s total annual operating
expenses
do not exceed 1.35% for
Class
A shares, 2.00% for Class C
shares,
1.00% for Class F shares,
1.00%
for Class I shares, 1.50% for
Class
R shares and 1.00% for Class Z
shares,
subject to exclusions described
in
the Fund Prospectus. Class
F
shares
are not currently available for
purchase. |
Preferred
Securities and
Income
Fund* |
0.70%
for assets up to and
including
$8.5 billion; 0.65%
for
assets above $8.5 billion |
Through
June 30, 2025, the Advisor
has
contractually agreed to waive its
fee
and/or reimburse the Fund so that
the
Fund’s total annual operating
expenses
do not exceed 1.20% for
Class
A shares, 1.85% for Class C
shares,
0.85% for Class F shares,
0.85%
for Class I shares, 1.35% for
Class
R shares and 0.85% for Class Z
shares,
subject to exclusions described
in
the Fund Prospectus. |
Real
Assets Fund* |
0.75% |
Through
June 30, 2025, the Advisor
has
contractually agreed to waive its
fee
and/or reimburse the Fund so that
the
Fund’s total annual operating
expenses,
which include the expenses
|
Fund |
Advisory/Management
Fee |
Waiver/
Reimbursement Arrangement |
|
|
of
the subsidiary, do not exceed 1.15%
for
Class A shares, 1.80% for Class C
shares,
0.80% for Class F shares,
0.80%
for Class I shares, 1.30% for
Class
R shares and 0.80% for Class Z
shares,
subject to exclusions described
in
the Fund Prospectus. Class
F
shares
are not currently available for
purchase. |
Real
Estate Securities Fund* |
0.75%
for assets up to and
including
$1.5 billion; 0.65%
for
assets above $1.5 billion |
N/A |
Realty
Shares |
0.75%
for assets up to
$8.5
billion and 0.70% of
such
assets in excess of
$8.5
billion |
Through
June 30, 2025, the Advisor
has
contractually agreed to waive its
fee
and/or reimburse the Fund so that
the
Fund’s total annual operating
expenses,
do not exceed 1.15% for
Class
A shares, 1.80% for Class C
shares,
0.80% for Class F shares,
0.88%
for Class I shares, 0.88% for
Class
L shares, 1.30% for Class R
shares
and 0.80% for Class Z shares,
subject
to exclusions described in the
Fund
Prospectus. Class
F shares are
not
currently available for
purchase. |
|
2023 |
2022 |
2021 |
Low
Duration Preferred and Income Fund |
$16,065,376 |
$18,571,560 |
$12,699,862 |
Preferred
Securities and Income SMA Shares(1) |
N/A |
N/A |
N/A |
Future
of Energy Fund |
$964,490 |
$1,062,307 |
$774,501 |
Realty
Shares |
$39,638,832 |
$53,124,829 |
$55,787,387 |
Institutional
Realty Shares |
$44,371,396 |
$49,670,659 |
$42,732,843 |
Real
Estate Securities Fund |
$47,058,405 |
$51,873,098 |
$50,250,405 |
Global
Realty Shares |
$13,286,913 |
$15,099,919 |
$13,532,726 |
International
Realty Fund |
$4,468,225 |
$5,129,494 |
$6,161,250 |
Global
Infrastructure Fund |
$6,536,517 |
$6,838,392 |
$5,022,582 |
Preferred
Securities and Income Fund |
$53,665,080 |
$69,651,763 |
$82,672,840 |
Real
Assets Fund |
$6,581,318 |
$5,605,955 |
$1,764,024 |
|
2023 |
2022 |
2021 |
Low
Duration Preferred and Income Fund |
$5,086,447 |
$5,615,981 |
$4,042,005 |
Preferred
Securities and Income SMA Shares |
$402,971 |
$346,740 |
$353,651 |
Future
of Energy Fund |
$393,664 |
$478,774 |
$473,752 |
Realty
Shares |
$2,728,111 |
$3,460,440 |
$3,361,299 |
Institutional
Realty Shares |
$317,351 |
$487,297 |
$803,754 |
Global
Realty Shares |
$250,554 |
$339,853 |
$404,107 |
International
Realty Fund |
$891,656 |
$895,321 |
$1,048,952 |
Global
Infrastructure Fund |
$612,492 |
$604,859 |
$383,989 |
Preferred
Securities and Income Fund |
$73,441 |
$0 |
$0 |
Real
Assets Fund |
$1,707,965 |
$1,880,927 |
$886,735 |
|
2023 |
2022 |
2021 |
Low
Duration Preferred and Income Fund |
$10,978,929 |
$12,955,579 |
$8,657,857 |
Preferred
Securities and Income SMA Shares |
$(402,971
) |
$(346,740
) |
$(353,651
) |
Future
of Energy Fund |
$570,826 |
$583,533 |
$300,749 |
Realty
Shares |
$36,910,721 |
$49,664,389 |
$52,426,088 |
Institutional
Realty Shares |
$44,054,045 |
$49,183,362 |
$41,929,089 |
Real
Estate Securities Fund |
$47,058,405 |
$51,873,098 |
$50,250,405 |
Global
Realty Shares |
$13,036,359 |
$14,760,066 |
$13,128,619 |
International
Realty Fund |
$3,576,569 |
$4,234,173 |
$5,112,298 |
Global
Infrastructure Fund |
$5,924,025 |
$6,233,533 |
$4,638,593 |
Preferred
Securities and Income Fund |
$53,591,639 |
$69,651,763 |
$82,672,840 |
Real
Assets Fund |
$4,873,353 |
$3,725,028 |
$877,289 |
Fiscal
Year Ended |
Global
Infrastructure
Fund |
Global
Realty
Shares |
International
Realty
Fund |
Real
Assets
Fund |
Future
of Energy Fund |
2023 |
$609,341 |
$1,512,355 |
$1,346,146 |
$330,865 |
$0 |
2022 |
$641,477 |
$1,749,026 |
$1,493,077 |
$287,298 |
$0 |
2021 |
$443,893 |
$1,579,588 |
$1,637,424 |
$88,520 |
$0 |
Fiscal
Year Ended |
Global
Infrastructure
Fund |
Global
Realty
Shares |
International
Realty
Fund |
Real
Assets
Fund |
Future
of Energy Fund |
2023 |
$313,616 |
$818,731 |
$741,643 |
$439,840 |
$0 |
2022 |
$316,390 |
$1,107,224 |
$937,620 |
$380,865 |
$0 |
2021 |
$272,339 |
$1,268,704 |
$1,298,711 |
$143,295 |
$1,678 |
|
Number
of Other Accounts Managed and
Assets
($mm) by Account Type | |||||
Registered
Investment
Companies |
Other
Pooled
Vehicles |
Other
Accounts | ||||
Number
of
Accounts |
Total
Assets |
Number
of
Accounts |
Total
Assets |
Number
of
Accounts |
Total
Assets | |
Low
Duration Preferred and Income Fund |
|
|
|
|
|
|
Elaine
Zaharis-Nikas |
11 |
$15,911 |
15 |
$3,205 |
20 |
$2,469 |
Jerry
Dorost |
9 |
$12,579 |
15 |
$3,205 |
20 |
$2,469 |
Robert
Kastoff(1) |
3 |
$4,394 |
6 |
$765 |
4 |
$849 |
Preferred
Securities and Income SMA Shares |
|
|
|
|
|
|
Elaine
Zaharis-Nikas |
11 |
$16,040 |
15 |
$2,834 |
20 |
$2,365 |
Jerry
Dorost |
9 |
$13,110 |
15 |
$2,834 |
20 |
$2,365 |
Future
of Energy Fund |
|
|
|
|
|
|
Benjamin
Morton |
4 |
$4,751 |
15 |
$1,504 |
21 |
$3,246 |
Tyler
S. Rosenlicht |
3 |
$4,699 |
14 |
$1,388 |
19 |
$3,013 |
Realty
Shares |
|
|
|
|
|
|
Jon
Cheigh |
5 |
$9,588 |
33 |
$4,372 |
22 |
$7,178
(2) |
Jason
Yablon |
11 |
$20,964 |
18 |
$8,579 |
35 |
$6,111
(3) |
Mathew
Kirschner |
10 |
$19,136 |
20 |
$10,627 |
29 |
$5,624
(3) |
Ji
Zhang(4) |
2 |
$2,307 |
31 |
$4,099 |
25 |
$7,463
(2) |
Institutional
Realty Shares |
|
|
|
|
|
|
Jon
Cheigh |
5 |
$8,782 |
33 |
$4,372 |
22 |
$7,178
(2) |
Jason
Yablon |
11 |
$20,157 |
18 |
$8,579 |
35 |
$6,111
(3) |
Mathew
Kirschner |
10 |
$18,330 |
20 |
$10,627 |
29 |
$5,624
(3) |
Ji
Zhang(4) |
2 |
$2,307 |
31 |
$4,099 |
25 |
$7,463
(2) |
Real
Estate Securities Fund |
|
|
|
|
|
|
Jason
Yablon |
11 |
$19,225 |
18 |
$8,579 |
35 |
$6,111
(3) |
Mathew
Kirschner |
10 |
$17,398 |
20 |
$10,627 |
29 |
$5,624
(3) |
Ji
Zhang(4) |
2 |
$2,307 |
31 |
$4,099 |
25 |
$7,463
(2) |
Global
Realty Shares |
|
|
|
|
|
|
Jon
Cheigh |
5 |
$13,347 |
33 |
$4,372 |
22 |
$7,178
(2) |
William
Leung |
1 |
$480 |
33 |
$5,804 |
18 |
$6,801
(2) |
Rogier
Quirijns |
1 |
$480 |
34 |
$5,963 |
21 |
$7,283
(2) |
Jason
Yablon |
11 |
$24,723 |
18 |
$8,579 |
35 |
$6,111
(3) |
Ji
Zhang |
2 |
$480 |
31 |
$4,099 |
25 |
$7,463
(2) |
International
Realty Fund |
|
|
|
|
|
|
Jon
Cheigh |
5 |
$14,695 |
33 |
$4,372 |
22 |
$7,178
(2) |
William
Leung |
1 |
$1,828 |
33 |
$5,804 |
18 |
$6,801
(2) |
Rogier
Quirijns |
2 |
$1,828 |
34 |
$5,963 |
21 |
$7,283
(2) |
Ji
Zhang |
2 |
$1,828 |
31 |
$4,099 |
25 |
$7,463
(2) |
Jason
Yablon(5) |
12 |
$26,550 |
18 |
$8,579 |
35 |
$6,111
(3) |
Global
Infrastructure Fund |
|
|
|
|
|
|
Benjamin
Morton |
4 |
$4,156 |
15 |
$1,570 |
21 |
$3,373 |
Tyler
S. Rosenlicht |
3 |
$4,121 |
14 |
$1,449 |
19 |
$3,157 |
Thuy
Quynh Dang |
1 |
$3,154 |
14 |
$1,449 |
17 |
$3,015 |
Preferred
Securities and Income Fund |
|
|
|
|
|
|
Elaine
Zaharis-Nikas |
11 |
$10,087 |
15 |
$2,992 |
20 |
$2,542 |
Jerry
Dorost |
9 |
$6,898 |
15 |
$2,992 |
20 |
$2,542 |
|
Number
of Other Accounts Managed and
Assets
($mm) by Account Type | |||||
Registered
Investment
Companies |
Other
Pooled
Vehicles |
Other
Accounts | ||||
Number
of
Accounts |
Total
Assets |
Number
of
Accounts |
Total
Assets |
Number
of
Accounts |
Total
Assets | |
Real
Assets Fund |
|
|
|
|
|
|
Jon
Cheigh |
5 |
$14,332 |
33 |
$4,372 |
22 |
$7,178
(2) |
Vincent
L. Childers |
1 |
$35 |
1 |
$324 |
3 |
$450 |
Benjamin
Ross |
0 |
$–0– |
1 |
$324 |
3 |
$450 |
Nicholas
Koutsoftas |
0 |
$–0– |
1 |
$324 |
3 |
$450 |
Benjamin
Morton |
4 |
$4,121 |
15 |
$1,570 |
21 |
$3,373 |
Jeffrey
Palma |
2 |
$333 |
2 |
$376 |
3 |
$450 |
Tyler
S. Rosenlicht |
3 |
$4,086 |
14 |
$1,449 |
19 |
$3,157 |
Jason
Yablon(5) |
12 |
$26,550 |
18 |
$8,579 |
35 |
$6,111
(3) |
Portfolio
Manager |
Low
Duration
Preferred
and
Income
Fund |
Preferred
Securities
and
Income
SMA
Shares |
Future
of
Energy
Fund |
Realty
Shares |
Institutional
Realty
Shares |
Real
Estate
Securities
Fund |
Global
Realty
Shares |
International
Realty
Fund |
Global
Infrastructure
Fund |
Preferred
Securities
and
Income
Fund |
Real
Assets
Fund |
Elaine
Zaharis-Nikas |
F |
A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
F |
N/A |
Jon
Cheigh |
N/A |
N/A |
N/A |
A |
A |
N/A |
C |
A |
N/A |
N/A |
G |
Benjamin
Morton |
N/A |
N/A |
A |
N/A |
N/A |
N/A |
N/A |
N/A |
F |
N/A |
A |
Jason
Yablon(1) |
N/A |
N/A |
N/A |
F |
E |
E |
A |
A |
N/A |
N/A |
E |
Roger
Quirijns |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
A |
A |
N/A |
N/A |
N/A |
William
Leung |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
A |
A |
N/A |
N/A |
N/A |
Vincent
Childers |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
E |
Nicholas
Koutsoftas |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
A |
Benjamin
Ross |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
A |
Mathew
Kirschner |
N/A |
N/A |
N/A |
A |
E |
A |
N/A |
N/A |
N/A |
N/A |
N/A |
Jerry
Dorost |
A |
A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
E |
N/A |
Tyler
S.Rosenlicht |
N/A |
N/A |
E |
N/A |
N/A |
N/A |
N/A |
N/A |
A |
N/A |
E |
Portfolio
Manager |
Low
Duration
Preferred
and
Income
Fund |
Preferred
Securities
and
Income
SMA
Shares |
Future
of
Energy
Fund |
Realty
Shares |
Institutional
Realty
Shares |
Real
Estate
Securities
Fund |
Global
Realty
Shares |
International
Realty
Fund |
Global
Infrastructure
Fund |
Preferred
Securities
and
Income
Fund |
Real
Assets
Fund |
Ji
Zhang(2) |
N/A |
N/A |
N/A |
A |
D |
A |
D |
D |
N/A |
N/A |
N/A |
Thuy
Quynh Dang |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
A |
A |
N/A |
N/A |
Jeffrey
Palma |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
E |
Robert
Kastoff(3) |
A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
|
2023 |
2022 |
2021 |
Low
Duration Preferred and Income Fund |
$1,235,798 |
$1,428,581 |
$976,912 |
Preferred
Securities and Income SMA Shares |
N/A |
N/A |
N/A |
Future
of Energy Fund |
$60,281 |
$66,394 |
$48,406 |
Realty
Shares |
$2,114,071 |
$2,834,355 |
$2,975,768 |
Institutional
Realty Shares |
N/A |
N/A |
N/A |
Real
Estate Securities Fund |
$2,803,594 |
$3,099,883 |
$3,000,025 |
Global
Realty Shares |
$708,635 |
$805,329 |
$721,745 |
International
Realty Fund |
$188,136 |
$215,979 |
$259,421 |
Global
Infrastructure Fund |
$348,614 |
$364,714 |
$267,871 |
Preferred
Securities and Income Fund |
$3,835,948 |
$5,030,967 |
$6,032,526 |
Real
Assets Fund |
$702,007 |
$597,969 |
$188,163 |
|
2023 |
2022 |
2021 |
Low
Duration Preferred and Income Fund |
$66,837 |
$187,942 |
$49,799 |
Future
of Energy Fund |
$2,636 |
$7,517 |
$6,451 |
|
2023 |
2022 |
2021 |
Realty
Shares |
$16,879 |
$28,508 |
$36,968 |
Real
Estate Securities Fund |
$1,643 |
$3,356 |
$7,825 |
Global
Realty Shares |
$4,183 |
$7,153 |
$10,989 |
International
Realty Fund |
$580 |
$408 |
$307 |
Global
Infrastructure Fund |
$8,213 |
$12,625 |
$27,821 |
Preferred
Securities and Income Fund |
$56,102 |
$131,866 |
$261,459 |
Real
Assets Fund |
$3,414 |
$13,837 |
$1,649 |
|
2023 |
2022 |
2021 |
Low
Duration Preferred and Income Fund |
$43,249 |
$17,278 |
$50,842 |
Preferred
Securities and Income SMA Shares |
$46,895 |
$35,691 |
$22,746 |
Future
of Energy Fund |
$168,283 |
$105,795 |
$160,931 |
Realty
Shares |
$1,436,722 |
$1,876,977 |
$1,958,401 |
Real
Estate Securities Fund |
$3,189,255 |
$2,300,063 |
$3,558,040 |
Institutional
Realty Shares |
$1,498,831 |
$1,491,100 |
$1,690,213 |
Global
Realty Shares |
$1,327,831 |
$1,479,652 |
$1,532,862 |
International
Realty Fund |
$735,367 |
$723,486 |
$874,760 |
Global
Infrastructure Fund |
$1,218,440 |
$942,352 |
$640,427 |
Preferred
Securities and Income Fund |
$1,154,736 |
$604,146 |
$661,519 |
Real
Assets Fund |
$861,427 |
$634,472 |
$181,369 |
|
2023 |
2022 |
2021 |
Low
Duration Preferred and Income Fund |
$26,701 |
$11,518 |
$14,329 |
Preferred
Securities and Income SMA Shares |
$32,794 |
$23,576 |
N/A |
|
2023 |
2022 |
2021 |
Future
of Energy Fund |
$81,715 |
$41,526 |
$100,329 |
Realty
Shares |
$635,603 |
$779,252 |
$1,276,016 |
Institutional
Realty Shares |
$1,216,111 |
$604,454 |
$851,190 |
Real
Estate Securities Fund |
$1,242,747 |
$698,670 |
$1,709,470 |
Global
Realty Shares |
$542,318 |
$578,520 |
$597,387 |
International
Realty Fund |
$294,062 |
$278,236 |
$418,487 |
Global
Infrastructure Fund |
$495,798 |
$355,969 |
$96,496 |
Preferred
Securities and Income Fund |
$812,957 |
$373,722 |
$443,434 |
Real
Assets Fund |
$384,997 |
$296,553 |
$71,075 |
|
Dollar
Value of
Securities
Owned |
Low
Duration Preferred and Income Fund |
|
Bank
of America |
$97,855,789 |
CITIGROUP
Inc. |
$71,151,210 |
Wells
Fargo & Co. |
$57,326,539 |
Barclays
Capital Inc. |
$51,431,232 |
BNP
Paribas SA |
$47,486,789 |
Societe
Generale SA |
$35,178,042 |
J.P.
Morgan Chase & Co. |
$30,382,520 |
UBS
Group AG |
$26,410,291 |
Scotia
Capital Inc. |
$20,845,647 |
Toronto
Dominion Inc. |
$12,864,978 |
HSBC |
$8,756,000 |
Goldman,
Sachs |
$7,534,891 |
|
Dollar
Value of
Securities
Owned | |
Preferred
Securities and Income SMA Shares |
|
|
BNP
Paribas |
$15,186,541 | |
Wells
Fargo Securities LLC |
$14,356,502 | |
Citibank,
N.A. |
$11,183,573 | |
HSBC
Bank PLC |
$10,176,277 | |
Barclays
Bank PLC |
$10,098,197 |
|
Dollar
Value of
Securities
Owned | |
UBS
AG |
$8,339,268 | |
BofA
Securities, Inc. / Fixed Income |
$7,934,110 | |
Credit
Agricole Securities (USA) Inc. |
$6,919,407 | |
Societe
Generale London Branch |
$6,797,274 | |
Deutsche
Bank AG |
$5,322,096 |
|
Dollar
Value of
Securities
Owned |
Preferred
Securities and Income Fund |
|
Wells
Fargo Securities LLC |
$350,605,023 |
BNP
Paribas SA |
$297,017,297 |
UBS
Group AG |
$295,779,786 |
Bank
of America Corp. |
$283,170,133 |
Citigroup |
$221,216,167 |
HSBC
Bank PLC |
$187,618,196 |
Barclays
PLC |
$185,719,967 |
Societe
Generale SA |
$170,233,685 |
J.P.
Morgan Chase & Co. |
$123,016,117 |
Deutsche
Bank AG |
$105,561,831 |
| |
Real
Assets Fund |
|
J.P.
Morgan Chase & Co. |
$2,450,383 |
UBS
Group AG |
$1,888,148 |
Wells
Fargo Securities LLC |
$1,860,143 |
Bank
of America Corp. |
$1,268,735 |
Citigroup
Inc. |
$1,187,397 |
Morgan
Stanley |
$1,009,083 |
Barclays
PLC |
$796,499 |
|
2023 |
2022 |
2021 |
Low
Duration Preferred and Income Fund |
31
% |
44
% |
44
% |
Preferred
Securities and Income SMA Shares |
58
% |
72
% |
71
% |
Future
of Energy Fund |
74
% |
58
% |
94
% |
Realty
Shares |
35
% |
32
% |
41
% |
Institutional
Realty Shares |
32
% |
34
% |
34
% |
Real
Estate Securities Fund |
41
% |
34
% |
55
% |
Global
Realty Shares |
52
% |
52
% |
46
% |
International
Realty Fund |
86
% |
74
% |
74
% |
Global
Infrastructure Fund |
101
% |
83
% |
64
% |
|
2023 |
2022 |
2021 |
Preferred
Securities and Income Fund |
54
% |
42
% |
45
% |
Real
Assets Fund |
104
% |
83
% |
71
% |
Fund |
Authorized
Shares |
Low
Duration Preferred and Income Fund |
1,400,000,000
shares |
Class
A Shares |
200,000,000 |
Class
C Shares |
200,000,000 |
Class
F Shares |
200,000,000 |
Class
I Shares |
400,000,000 |
Class
R Shares |
200,000,000 |
Class
Z Shares |
200,000,000 |
Preferred
Securities and Income SMA Shares |
100,000,000
shares |
Future
of Energy Fund |
1,400,000,000
shares |
Class
A Shares |
200,000,000 |
Class
C Shares |
200,000,000 |
Class
F Shares |
200,000,000 |
Class
I Shares |
400,000,000 |
Class
R Shares |
200,000,000 |
Class
Z Shares |
200,000,000 |
Global
Infrastructure Fund |
400,000,000
shares |
Class
A Shares |
50,000,000 |
Class
C Shares |
50,000,000 |
Class
F Shares |
50,000,000 |
Class
I Shares |
150,000,000 |
Class
R Shares |
50,000,000 |
Class
Z Shares |
50,000,000 |
Global
Realty Shares |
400,000,000
shares |
Class
A Shares |
50,000,000 |
Class
C Shares |
50,000,000 |
Class
F Shares |
50,000,000 |
Class
I Shares |
150,000,000 |
Class
R Shares |
50,000,000 |
Class
Z Shares |
50,000,000 |
Institutional
Realty Shares |
250,000,000
shares |
International
Realty Fund |
1,800,000,000
shares |
Class
A Shares |
250,000,000 |
Class
C Shares |
250,000,000 |
Class
F Shares |
250,000,000 |
Class
I Shares |
550,000,000 |
Class
R Shares |
250,000,000 |
Class
Z Shares |
250,000,000 |
Preferred
Securities and Income Fund |
2,200,000,000
shares |
Class
A Shares |
200,000,000 |
Class
C Shares |
200,000,000 |
Fund |
Authorized
Shares |
Class
F Shares |
200,000,000 |
Class
I Shares |
1,200,000,000 |
Class
R Shares |
200,000,000 |
Class
Z Shares |
200,000,000 |
Real
Assets Fund |
1,400,000,000
shares |
Class
A Shares |
200,000,000 |
Class
C Shares |
200,000,000 |
Class
F Shares |
200,000,000 |
Class
I Shares |
400,000,000 |
Class
R Shares |
200,000,000 |
Class
Z Shares |
200,000,000 |
Real
Estate Securities Fund |
1,000,000,000
shares |
Class
A Shares |
100,000,000 |
Class
C Shares |
50,000,000 |
Class
F Shares |
100,000,000 |
Class
I Shares |
550,000,000 |
Class
R Shares |
50,000,000 |
Class
Z Shares |
150,000,000 |
Realty
Shares |
700,000,000
shares |
Class
A Shares |
100,000,000 |
Class
C Shares |
50,000,000 |
Class
F Shares |
50,000,000 |
Class
I Shares |
200,000,000 |
Class
L Shares |
200,000,000 |
Class
R Shares |
50,000,000 |
Class
Z Shares |
50,000,000 |
Investment
Amount |
Sales
Charge
as
a % of
Offering
Price(1)
|
Sales
Charge
as
a % of
Net
Amount Invested |
Regular
Dealer
Reallowance
as a %
of
Offering Price |
Less
than $100,000 |
4.50
% |
4.71
% |
4.00
% |
$100,000
but less than $250,000 |
3.75
% |
3.90
% |
3.25
% |
$250,000
but less than $500,000 |
2.75
% |
2.83
% |
2.25
% |
$500,000
but less than $1 million |
2.00
% |
2.04
% |
1.75
% |
$1
million or more |
None |
None |
1.00
%† |
Investment
Amount |
Sales
Charge
as
a % of
Offering
Price(1)
|
Sales
Charge
as
a % of
Net
Amount Invested |
Regular
Dealer
Reallowance
as a %
of
Offering Price |
Less
than $100,000 |
3.75
% |
3.90
% |
3.25
% |
$100,000
but less than $250,000 |
2.75
% |
2.83
% |
2.25
% |
Investment
Amount |
Sales
Charge
as
a % of
Offering
Price(1) |
Sales
Charge
as
a % of
Net
Amount Invested |
Regular
Dealer
Reallowance
as a %
of
Offering Price |
$250,000
but less than $500,000 |
2.00
% |
2.04
% |
1.50
% |
$500,000
but less than $1 million |
1.00
% |
1.01
% |
1.00
% |
$1
million or more |
None |
None |
1.00
%† |
Investment
Amount |
Sales
Charge
as
a % of
Offering
Price(1)
|
Sales
Charge
as
a % of
Net
Amount Invested |
Regular
Dealer
Reallowance
as a %
of
Offering Price |
Less
than $100,000 |
2.00
% |
2.04
% |
1.75
% |
$100,000
but less than $250,000 |
1.75
% |
1.78
% |
1.50
% |
$250,000
but less than $500,000 |
1.25
% |
1.27
% |
1.00
% |
$500,000
or more |
None |
None |
1.00
%† |
|
Class
A Shares |
Class
C Shares |
Class
R Shares |
Low
Duration Preferred and Income Fund |
$675,876 |
$655,028 |
$1,467 |
Future
of Energy Fund |
$36,730 |
$37,658 |
$1,412 |
Realty
Shares |
$225,646 |
$146,147 |
$21,548 |
Real
Estate Securities Fund |
$2,005,117 |
$425,545 |
$102,287 |
Global
Realty Shares |
$150,357 |
$66,104 |
$5,777 |
International
Realty Fund |
$69,209 |
$6,524 |
$214 |
Global
Infrastructure Fund |
$149,098 |
$53,314 |
$383 |
Preferred
Securities and Income Fund |
$1,997,004 |
$2,204,963 |
$7,130 |
Real
Assets Fund |
$38,747 |
$53,276 |
$159 |
|
Class
A Shares |
Class
C Shares |
Class
I Shares |
Low
Duration Preferred and Income Fund |
$0 |
$0 |
$1,391,833 |
Future
of Energy Fund |
$14,692 |
$12,553 |
$84,528 |
Realty
Shares(1) |
$90,258 |
$48,716 |
$1,257,841 |
Real
Estate Securities Fund |
$802,047 |
$141,848 |
$3,754,794 |
Global
Realty Shares |
$60,143 |
$22,035 |
$1,126,704 |
International
Realty Fund |
$27,683 |
$2,175 |
$384,625 |
Global
Infrastructure Fund |
$59,639 |
$17,771 |
$612,492 |
Preferred
Securities and Income Fund |
$798,801 |
$734,988 |
$3,517,055 |
Real
Assets Fund |
$15,499 |
$17,759 |
$623,651 |