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Annual
Fund Operating Expenses** (expenses that you pay each year as a percentage of the value of your investment) |
| |
Class I
|
| |
Class Z
|
| ||||||
Management Fees |
| | | | 0.75% | | | | | | 0.75% | | |
Distribution and Service (12b-1) Fees
|
| | | | None | | | | | | None | | |
Other Expenses |
| | | | 0.19% | | | | | | 0.04% | | |
Total Annual Fund Operating Expenses
|
| | | | 0.94% | | | | | | 0.79% | | |
Fee Waivers and Expense Reimbursements
|
| | | | (0.14)%* | | | | | | (0.14 )%* | | |
Total Annual Fund Operating Expenses
Less Fee Waivers and Expense Reimbursements |
| | | | 0.80% | | | | | | 0.65% | | |
| | |
After 1 year
|
| |
After 3 years
|
| |
After 5 years
|
| |
After 10 years
|
| ||||||||||||
Class I Shares |
| | | $ | 82 | | | | | $ | 287 | | | | | $ | 508 | | | | | $ | 1,146 | | |
Class Z Shares |
| | | $ | 67 | | | | | $ | 239 | | | | | $ | 427 | | | | | $ | 969 | | |
| | |
1 Year |
| |
5 Years |
| |
Since Inception (03/20/2017) |
| |||||||||
Return Before Taxes | | | | | | | | | | | | | | | | | | | |
Class I |
| | | | 24.85% | | | | | | 13.81% | | | | | | 11.19% | | |
Class Z* |
| | | | 25.15% | | | | | | 14.02% | | | | | | 10.12% | | |
Return After Taxes on Distributions | | | | | | | | | | | | | | | | | | | |
Class I |
| | | | 23.37% | | | | | | 12.09% | | | | | | 9.76% | | |
Return After Taxes on Distributions and Sale of Fund Shares | | | | | | | | | | | | | | | | | | | |
Class I |
| | | | 15.52% | | | | | | 10.83% | | | | | | 8.78% | | |
Russell 1000 Index (reflects no deduction for fees, expenses, or
taxes) |
| | | | 26.53% | | | | | | 15.52% | | | | | | 12.58% | | |
Portfolio Manager |
| |
Experience with the
Fund |
| |
Title with Adviser
|
|
Brian Storey, CFA | | |
2022 |
| | Deputy
Chief Investment Officer – Destinations Portfolios |
|
Timothy Holland, CFA | | |
2017 |
| | Senior Portfolio Manager | |
Rusty Vanneman, CFA, CMT, & BFA
|
| |
2023 |
| | Chief
Investment Officer & Senior Portfolio Manager |
|
Andrew Goins, CFA | | |
2023 |
| | Senior Portfolio Manager | |
Sub-advisers and Portfolio Managers
(Title) |
| |
Fund’s Portfolio Manager Since |
|
Columbia Management Investment Advisers, LLC | | | | |
Thomas Galvin, CFA,
Senior Portfolio Manager and Head of Focused Large Cap Growth |
| |
2017 |
|
Richard Carter, Senior
Portfolio Manager |
| |
2017 |
|
Todd Herget, Senior
Portfolio Manager |
| |
2017 |
|
Newton Investment Management North America, LLC | | | | |
Brian C. Ferguson,
Executive Vice President and Senior Portfolio Manager |
| |
2019 |
|
John Bailer, Deputy
Head of Equity Income, Portfolio Manager |
| |
2019 |
|
Keith Howell Jr.,
Portoflio Manager |
| |
2019 |
|
Sub-advisers and Portfolio Managers
(Title) |
| |
Fund’s Portfolio Manager Since |
|
River Road Asset Management, LLC | | | | |
Daniel R. Johnson, CFA,
CPA, Portfolio Manager |
| |
2021 |
|
Matt W. Moran, CFA,
Portfolio Manager |
| |
2021 |
|
SSGA Funds Management, Inc. | | | | |
Juan Acevedo, Vice
President |
| |
2023 |
|
Lisa Hobart, Vice
President |
| |
2023 |
|
John Law, CFA, Vice
President |
| |
2023 |
|
Karl Schneider, CAIA, Managing
Director |
| |
2023 |
|
William Blair Investment Management, LLC | | | | |
James Golan, CFA, Partner and Portfolio
Manager |
| |
2023 |
|
David Ricci, CFA, Partner and Portfolio
Manager |
| |
2023 |
|
Annual
Fund Operating Expenses** (expenses that you pay each year as a percentage of the value of your investment) |
| |
Class I
|
| |
Class Z
|
| ||||||
Management Fees |
| | | | 0.90% | | | | | | 0.90% | | |
Distribution and Service (12b-1) Fees
|
| | | | None | | | | | | None | | |
Other Expenses |
| | | | 0.24% | | | | | | 0.09% | | |
Total Annual Fund Operating Expenses
|
| | | | 1.14% | | | | | | 0.99% | | |
Fee Waivers and Expense Reimbursements
|
| | | | (0.10)%* | | | | | | (0.10)%* | | |
Total Annual Fund Operating Expenses
Less Fee Waivers and Expense Reimbursements |
| | | | 1.04% | | | | | | 0.89% | | |
| | |
After 1 year
|
| |
After 3 years
|
| |
After 5 years
|
| |
After 10 years
|
| ||||||||||||
Class I Shares |
| | | $ | 107 | | | | | $ | 353 | | | | | $ | 618 | | | | | $ | 1,378 | | |
Class Z Shares |
| | | $ | 91 | | | | | $ | 306 | | | | | $ | 538 | | | | | $ | 1,204 | | |
| | |
1 Year |
| |
5 Years |
| |
Since Inception (03/20/2017) |
| |||||||||
Return Before Taxes | | | | | | | | | | | | | | | | | | | |
Class I |
| | | | 11.62% | | | | | | 12.99% | | | | | | 10.03% | | |
Class Z* |
| | | | 11.78% | | | | | | 13.16% | | | | | | 8.68% | | |
Return After Taxes on Distributions | | | | | | | | | | | | | | | | | | | |
Class I |
| | | | 11.49% | | | | | | 10.82% | | | | | | 8.11% | | |
Return After Taxes on Distributions and Sale of Fund Shares | | | | | | | | | | | | | | | | | | | |
Class I |
| | | | 6.88% | | | | | | 9.95% | | | | | | 7.55% | | |
Russell Mid Cap Index (reflects no deduction for fees, expenses, or
taxes) |
| | | | 17.23% | | | | | | 12.68% | | | | | | 9.57% | | |
Russell 2000 Index (reflects no deduction for fees, expenses, or
taxes) |
| | | | 16.93% | | | | | | 9.97% | | | | | | 7.20% | | |
Portfolio Manager |
| |
Experience with the Fund |
| |
Title with Adviser
|
|
Brian Storey, CFA | | |
2022 |
| | Deputy
Chief Investment Officer – Destinations Portfolios |
|
Timothy Holland, CFA | | |
2017 |
| | Senior Portfolio Manager | |
Rusty Vanneman, CFA, CMT & BFA
|
| |
2023 |
| | Chief
Investment Officer & Senior Portfolio Manager |
|
Andrew Goins, CFA | | |
2023 |
| | Senior Portfolio Manager | |
Sub-advisers and Portfolio Managers
(Title) |
| |
Fund’s Portfolio Manager Since |
|
Ceredex Value Advisors LLC | | | | |
Don Wordell, CFA,
Managing Director and Portfolio Manager |
| |
2017 |
|
Cody P. Smith, CFA,
Portfolio Manager |
| |
2023 |
|
Driehaus Capital Management LLC | | | | |
Jeff James, Lead
Portfolio Manager |
| |
2017 |
|
Michael Buck, Portfolio
Manager |
| |
2017 |
|
Prakash Vijayan,
Assistant Portfolio Manager |
| |
2020 |
|
Sub-advisers and Portfolio Managers
(Title) |
| |
Fund’s Portfolio Manager Since |
|
Leeward Investments, LLC | | | | |
R. Todd Vingers, CFA,
President, Portfolio Manager |
| |
2022 |
|
Jay C. Willadsen, CFA,
Portfolio Manager |
| |
2022 |
|
SSGA Funds Management, Inc. | | | | |
Juan Acevedo, Vice
President |
| |
2023 |
|
Lisa Hobart, Vice
President |
| |
2023 |
|
John Law, CFA, Vice
President |
| |
2023 |
|
Karl Schneider, CAIA,
Managing Director |
| |
2023 |
|
Annual
Fund Operating Expenses** (expenses that you pay each year as a percentage of the value of your investment) |
| |
Class I
|
| |
Class Z
|
| ||||||
Management Fees |
| | | | 1.00% | | | | | | 1.00% | | |
Distribution and Service (12b-1) Fees
|
| | | | None | | | | | | None | | |
Other Expenses |
| | | | 0.25% | | | | | | 0.10% | | |
Acquired Fund Fees and Expenses
(AFFE) |
| | | | 0.01% | | | | | | 0.01% | | |
Total Annual Fund Operating Expenses
|
| | | | 1.26% | | | | | | 1.11% | | |
Fee Waivers and Expense Reimbursements
|
| | | | (0.21)%* | | | | | | (0.21)%* | | |
Total Annual Fund Operating Expenses
Less Fee Waivers and Expense Reimbursements |
| | | | 1.05% | | | | | | 0.90% | | |
| | |
After 1 year
|
| |
After 3 years
|
| |
After 5 years
|
| |
After 10 years
|
| ||||||||||||
Class I Shares |
| | | $ | 107 | | | | | $ | 378 | | | | | $ | 670 | | | | | $ | 1,500 | | |
Class Z Shares |
| | | $ | 92 | | | | | $ | 331 | | | | | $ | 590 | | | | | $ | 1,329 | | |
| | |
1 Year |
| |
5 Years |
| |
Since Inception (03/20/2017) |
| |||||||||
Return Before Taxes | | | | | | | | | | | | | | | | | | | |
Class I |
| | | | 15.54% | | | | | | 7.41% | | | | | | 5.53% | | |
Class Z* |
| | | | 15.73% | | | | | | 7.57% | | | | | | 4.38% | | |
Return After Taxes on Distributions | | | | | | | | | | | | | | | | | | | |
Class I |
| | | | 15.16% | | | | | | 7.01% | | | | | | 5.14% | | |
Return After Taxes on Distributions and Sale of Fund Shares | | | | | | | | | | | | | | | | | | | |
Class I |
| | | | 9.68% | | | | | | 5.92% | | | | | | 4.39% | | |
FTSE All-World ex US Index (reflects no deduction for fees, expenses, or
taxes) |
| | | | 15.61% | | | | | | 7.32% | | | | | | 5.43% | | |
Portfolio Manager |
| |
Experience with the
Fund |
| |
Title with Adviser
|
|
Brian Storey, CFA | | |
2022 |
| | Deputy
Chief Investment Officer – Destinations Portfolios |
|
Timothy Holland, CFA | | |
2017 |
| | Senior Portfolio Manager | |
Rusty Vanneman, CFA, CMT & BFA
|
| |
2023 |
| | Chief
Investment Officer & Senior Portfolio Manager |
|
Andrew Goins, CFA | | |
2023 |
| | Senior Portfolio Manager | |
Sub-advisers and Portfolio Managers
(Title) |
| |
Fund’s Portfolio Manager Since |
|
BAMCO, Inc. | | | | |
Michael Kass, Vice
President, Portfolio Manager |
| |
2017 |
|
Anuj Aggarwal, Vice
President, Assistant Portfolio Manager |
| |
2020 |
|
Barrow, Hanley, Mewhinney & Strauss, LLC | | | | |
Rand Wrighton, CFA, Senior Managing
Director, Portfolio Manager/Analyst |
| |
2021 |
|
Patrik Wibom, Managing
Director, Portfolio Manager/Analyst |
| |
2023 |
|
Sub-advisers and Portfolio Managers
(Title) |
| |
Fund’s Portfolio Manager Since |
|
Causeway Capital Management, LLC | | | | |
Arjun Jayaraman, PhD,
CFA, Portfolio Manager |
| |
2023 |
|
MacDuff Kuhnert, CFA,
Portfolio Manager |
| |
2023 |
|
Joe Gubler, CFA,
Portfolio Manager |
| |
2023 |
|
Ryan Myers, Portfolio
Manager |
| |
2023 |
|
Loomis, Sayles & Company, L.P. | | | | |
Ashish Chugh, Vice
President, Portfolio Manager |
| |
2022 |
|
MFS Investment Management | | | | |
Philip Evans,
Investment Officer |
| |
2020 |
|
Benjamin Stone,
Investment Officer |
| |
2017 |
|
SSGA Funds Management, Inc. | | | | |
Juan Acevedo, Vice
President |
| |
2023 |
|
Lisa Hobart, Vice
President |
| |
2023 |
|
John Law, CFA, Vice
President |
| |
2023 |
|
Karl Schneider, CAIA,
Managing Director |
| |
2023 |
|
T. Rowe Price Associates, Inc. | | | | |
Richard N. Clattenburg,
CFA, Portfolio Manager |
| |
2017 |
|
Wasatch Advisors, Inc. | | | | |
Linda Lasater, CFA,
Lead Portfolio Manager |
| |
2017 |
|
Dan Chace, CFA,
Portfolio Manager |
| |
2020 |
|
Allison He, CFA,
Associate Portfolio Manager |
| |
2018 |
|
Annual
Fund Operating Expenses** (expenses that you pay each year as a percentage of the value of your investment) |
| |
Class I
|
| |
Class Z
|
| ||||||
Management Fees |
| | | | 0.80% | | | | | | 0.80% | | |
Distribution and Service (12b-1) Fees
|
| | | | None | | | | | | None | | |
Other Expenses |
| | | | 0.26% | | | | | | 0.11% | | |
Acquired Fund Fees and Expenses
(AFFE) |
| | | | 0.02% | | | | | | 0.02% | | |
Total Annual Fund Operating Expenses
|
| | | | 1.08% | | | | | | 0.93% | | |
Fee Waivers and Expense Reimbursements
|
| | | | (0.12)%* | | | | | | (0.12)%* | | |
Total Annual Fund Operating Expenses
Less Fee Waivers and Expense Reimbursements |
| | | | 0.96% | | | | | | 0.81% | | |
| | |
After 1 year
|
| |
After 3 years
|
| |
After 5 years
|
| |
After 10 years
|
| ||||||||||||
Class I Shares |
| | | $ | 98 | | | | | $ | 331 | | | | | $ | 583 | | | | | $ | 1,305 | | |
Class Z Shares |
| | | $ | 83 | | | | | $ | 284 | | | | | $ | 502 | | | | | $ | 1,131 | | |
| | |
1 Year |
| |
5 Years |
| |
Since Inception (03/20/2017) |
| |||||||||
Return Before Taxes | | | | | | | | | | | | | | | | | | | |
Class I |
| | | | 5.08% | | | | | | 8.24% | | | | | | 6.47% | | |
Class Z* |
| | | | 5.31% | | | | | | 8.41% | | | | | | 6.87% | | |
Return After Taxes on Distributions | | | | | | | | | | | | | | | | | | | |
Class I |
| | | | 4.09% | | | | | | 7.18% | | | | | | 5.20% | | |
Return After Taxes on Distributions and Sale of Fund Shares | | | | | | | | | | | | | | | | | | | |
Class I |
| | | | 3.66% | | | | | | 6.35% | | | | | | 4.78% | | |
FTSE All-World High
Dividend Yield Index (reflects no
deduction for fees, expenses, or taxes) |
| | | | 11.39% | | | | | | 8.39% | | | | | | 6.01% | | |
Portfolio Manager |
| |
Experience with the
Fund |
| |
Title with Adviser
|
|
Brian Storey, CFA | | |
2022 |
| | Deputy
Chief Investment Officer – Destinations Portfolios |
|
Timothy Holland, CFA | | |
2017 |
| | Senior Portfolio Manager | |
Rusty Vanneman, CFA, CMT & BFA
|
| |
2023 |
| | Chief
Investment Officer & Senior Portfolio Manager |
|
Andrew Goins, CFA | | |
2023 |
| | Senior Portfolio manager | |
Sub-advisers and Portfolio Managers
(Title) |
| | Fund’s
Portfolio Manager Since |
|
Federated Equity Management Company of Pennsylvania | | | | |
Daniel Peris, CFA,
Senior Portfolio Manager |
| |
2017 |
|
Deborah D. Bickerstaff,
Portfolio Manager |
| |
2017 |
|
Michael Tucker, Senior
Portfolio Manager |
| |
2020 |
|
Jared Hoff, Senior
Portfolio Manager |
| |
2020 |
|
Neuberger Berman Investment Advisers LLC | | | | |
Richard S. Levine,
Managing Director and Portfolio Manager |
| |
2021 |
|
Alexandra Pomeroy,
Managing Director and Portfolio Manager |
| |
2021 |
|
William D. Hunter,
Managing Director and Portfolio Manager |
| |
2021 |
|
Shawn Trudeau, Managing
Director and Portfolio Manager |
| |
2021 |
|
Nuveen Asset Management LLC | | | | |
James T. Stephenson,
CFA, Managing Director and Portfolio Manager |
| |
2018 |
|
Thomas J. Ray, CFA,
Managing Director and Portfolio Manager |
| |
2018 |
|
Peter Boardman,
Managing Director and Portfolio Manager |
| |
2022 |
|
Annual
Fund Operating Expenses** (expenses that you pay each year as a percentage of the value of your investment) |
| |
Class I
|
| |
Class Z
|
| ||||||
Management Fees |
| | | | 0.65% | | | | | | 0.65% | | |
Distribution and Service (12b-1) Fees
|
| | | | None | | | | | | None | | |
Other Expenses |
| | | | 0.23% | | | | | | 0.08% | | |
Total Annual Fund Operating Expenses
|
| | | | 0.88% | | | | | | 0.73% | | |
Fee Waivers and Expense Reimbursements
|
| | | | (0.04)%* | | | | | | (0.04)%* | | |
Total Annual Fund Operating Expenses
Less Fee Waivers and Expense Reimbursements |
| | | | 0.84% | | | | | | 0.69% | | |
| | |
After 1 year
|
| |
After 3 years
|
| |
After 5 years
|
| |
After 10 years
|
| ||||||||||||
Class I Shares |
| | | $ | 85 | | | | | $ | 276 | | | | | $ | 483 | | | | | $ | 1,079 | | |
Class Z Shares |
| | | $ | 70 | | | | | $ | 229 | | | | | $ | 401 | | | | | $ | 901 | | |
| | |
1 Year |
| |
5 Years |
| |
Since Inception (03/20/2017) |
| |||||||||
Return Before Taxes | | | | | | | | | | | | | | | | | | | |
Class I |
| | | | 5.94% | | | | | | 0.12% | | | | | | 0.39% | | |
Class Z* |
| | | | 5.91% | | | | | | 0.25% | | | | | | 0.44% | | |
Return After Taxes on Distributions | | | | | | | | | | | | | | | | | | | |
Class I |
| | | | 4.39% | | | | | | -1.02% | | | | | | -0.72% | | |
Return After Taxes on Distributions and Sale of Fund Shares | | | | | | | | | | | | | | | | | | | |
Class I |
| | | | 3.48% | | | | | | -0.31% | | | | | | -0.11% | | |
ICE BofA US Broad
Market Index (reflects no deduction for
fees, expenses, or taxes) |
| | | | 5.39% | | | | | | 1.08% | | | | | | 1.26% | | |
Portfolio Manager |
| |
Experience with the
Fund |
| |
Title with Adviser
|
|
Brian Storey, CFA | | |
2022 |
| | Deputy
Chief Investment Officer – Destinations Portfolios |
|
Timothy Holland, CFA | | |
2017 |
| | Senior Portfolio Manager | |
Rusty Vanneman, CFA, CMT & BFA
|
| |
2023 |
| | Chief
Investment Officer & Senior Portfolio Manager |
|
Andrew Goins, CFA | | |
2023 |
| | Senior Portfolio Manager | |
Sub-advisers and Portfolio Managers
(Title) |
| |
Fund’s Portfolio Manager Since |
|
DoubleLine Capital LP | | | | |
Jeffrey E. Gundlach,
Co-Founder, Chief Executive Officer and Chief Investment Officer |
| |
2017 |
|
Jeffrey J. Sherman,
CFA, Deputy Chief Investment Officer and Portfolio Manager |
| |
2017 |
|
Merganser Capital Management Inc. | | | | |
Andrew M. Smock, CFA,
Chief Investment Officer, Managing Principal and Portfolio
Manager |
| |
2020 |
|
Todd Copenhaver, CFA,
Principal and Portfolio Manager |
| |
2020 |
|
Wellington Management Company LLP | | | | |
Joseph F. Marvan, CFA, Senior Managing
Director, Partner, and Fixed Income Portfolio Manager |
| |
2020 |
|
Campe Goodman, CFA, Senior Managing
Director, Partner, and Fixed Income Portfolio Manager |
| |
2020 |
|
Robert D. Burn, CFA,
Senior Managing Director, Partner and Fixed Income Portfolio
Manager |
| |
2020 |
|
Annual
Fund Operating Expenses** (expenses that you pay each year as a percentage of the value of your investment) |
| |
Class I
|
| |
Class Z
|
| ||||||
Management Fees |
| | | | 0.70% | | | | | | 0.70% | | |
Distribution and Service (12b-1) Fees
|
| | | | None | | | | | | None | | |
Other Expenses |
| | | | 0.29% | | | | | | 0.14% | | |
Acquired Fund Fees and Expenses
(AFFE) |
| | | | 0.01% | | | | | | 0.01% | | |
Total Annual Fund Operating Expenses
|
| | | | 1.00% | | | | | | 0.85% | | |
Fee Waivers and Expense Reimbursements
|
| | | | (0.06)%* | | | | | | (0.06)%* | | |
Total Annual Fund Operating Expenses
Less Fee Waivers and Expense Reimbursements |
| | | | 0.94% | | | | | | 0.79% | | |
| | |
After 1 year
|
| |
After 3 years
|
| |
After 5 years
|
| |
After 10 years
|
| ||||||||||||
Class I Shares |
| | | $ | 96 | | | | | $ | 314 | | | | | $ | 549 | | | | | $ | 1,224 | | |
Class Z Shares |
| | | $ | 81 | | | | | $ | 266 | | | | | $ | 468 | | | | | $ | 1,048 | | |
| | |
1 Year |
| |
5 Years |
| |
Since Inception (03/20/2017) |
| |||||||||
Return Before Taxes | | | | | | | | | | | | | | | | | | | |
Class I |
| | | | 8.19% | | | | | | 3.46% | | | | | | 3.00% | | |
Class Z* |
| | | | 8.36% | | | | | | 3.61% | | | | | | 3.43% | | |
Return After Taxes on Distributions | | | | | | | | | | | | | | | | | | | |
Class I |
| | | | 5.67% | | | | | | 1.56% | | | | | | 1.26% | | |
Return After Taxes on Distributions and Sale of Fund Shares | | | | | | | | | | | | | | | | | | | |
Class I |
| | | | 4.80% | | | | | | 1.82% | | | | | | 1.53% | | |
ICE BofA US Corporate
& Government 1-3 Year Index (reflects
no deduction for fees, expenses, or taxes) |
| | | | 4.63% | | | | | | 1.52% | | | | | | 1.44% | | |
Portfolio Manager |
| |
Experience with the
Fund |
| |
Title with Adviser
|
|
Brian Storey, CFA | | |
2022 |
| | Deputy
Chief Investment Officer – Destinations Portfolios |
|
Timothy Holland, CFA | | |
2017 |
| | Senior Portfolio Manager | |
Rusty Vanneman, CFA, CMT & BFA
|
| |
2023 |
| | Chief
Investment Officer & Senior Portfolio Manager |
|
Andrew Goins, CFA | | |
2023 |
| | Senior Portfolio Manager | |
Sub-advisers and Portfolio Managers
(Title) |
| |
Fund’s Portfolio Manager Since |
|
CrossingBridge Advisors, LLC | | | | |
David K. Sherman,
Portfolio Manager |
| |
2017 |
|
Kirk Whitney, Assistant
Portfolio Manager |
| |
2022 |
|
DoubleLine Capital LP | | | | |
Jeffrey E. Gundlach, Co-Founder, Chief
Executive Officer, Chief Investment Officer and Portfolio Manager |
| |
2017 |
|
Jeffrey J. Sherman,
CFA, Deputy Chief Investment Officer and Portfolio Manager |
| |
2017 |
|
Luz M. Padilla,
Director of Emerging Markets Group and Portfolio Manager |
| |
2017 |
|
Robert Cohen, Director
of Global Developed Credit and Portfolio Manager |
| |
2017 |
|
Annual
Fund Operating Expenses** (expenses that you pay each year as a percentage of the value of your investment) |
| |
Class I
|
| |
Class Z
|
| ||||||
Management Fees |
| | | | 0.85% | | | | | | 0.85% | | |
Distribution and Service (12b-1) Fees
|
| | | | None | | | | | | None | | |
Dividend/Interest on Short Sales
|
| | | | 0.05% | | | | | | 0.05% | | |
Other Expenses |
| | | | 0.25% | | | | | | 0.10% | | |
Acquired Fund Fees and Expenses
(AFFE) |
| | | | 0.01% | | | | | | 0.01% | | |
Total Annual Fund Operating Expenses
|
| | | | 1.16% | | | | | | 1.01% | | |
Fee Waivers and Expense Reimbursements
|
| | | | (0.13)%* | | | | | | (0.13)%* | | |
Total Annual Fund Operating Expenses
Less Fee Waivers and Expense Reimbursements |
| | | | 1.03% | | | | | | 0.88% | | |
| | |
After 1 year
|
| |
After 3 years
|
| |
After 5 years
|
| |
After 10 years
|
| ||||||||||||
Class I Shares |
| | | $ | 105 | | | | | $ | 355 | | | | | $ | 624 | | | | | $ | 1,393 | | |
Class Z Shares |
| | | $ | 90 | | | | | $ | 308 | | | | | $ | 543 | | | | | $ | 1,220 | | |
| | |
1 Year |
| |
5 Years |
| |
Since Inception (03/20/2017) |
| |||||||||
Return Before Taxes | | | | | | | | | | | | | | | | | | | |
Class I |
| | | | 9.05% | | | | | | 3.78% | | | | | | 3.25% | | |
Class Z* |
| | | | 9.25% | | | | | | 3.94% | | | | | | 3.49% | | |
Return After Taxes on Distributions | | | | | | | | | | | | | | | | | | | |
Class I |
| | | | 6.36% | | | | | | 1.82% | | | | | | 1.40% | | |
Return After Taxes on Distributions and Sale of Fund Shares | | | | | | | | | | | | | | | | | | | |
Class I |
| | | | 5.29% | | | | | | 2.05% | | | | | | 1.68% | | |
ICE BofA US High Yield Index (reflects no deduction for fees, expenses, or
taxes) |
| | | | 13.46% | | | | | | 5.21% | | | | | | 4.27% | | |
Portfolio Manager |
| |
Experience with the Fund |
| |
Title with Adviser
|
|
Brian Storey, CFA | | |
2022 |
| | Deputy
Chief Investment Officer – Destinations Portfolios |
|
Timothy Holland, CFA | | |
2017 |
| | Senior Portfolio Manager | |
Rusty Vanneman, CFA, CMT & BFA
|
| |
2023 |
| | Chief
Investment Officer & Senior Portfolio Manager |
|
Andrew Goins, CFA | | |
2023 |
| | Senior Portfolio Manager | |
Sub-advisers and Portfolio Managers
(Title) |
| |
Fund’s Portfolio Manager Since |
|
CrossingBridge Advisors, LLC | | | | |
David K. Sherman,
Portfolio Manager |
| |
2017 |
|
Jonathan Berg,
Assistant Portfolio Manager |
| |
2018 |
|
DoubleLine Capital LP | | | | |
Luz M. Padilla,
Director of Emerging Markets Group and Portfolio Manager |
| |
2017 |
|
Mark Christensen,
Portfolio Manager and Senior Credit Analyst |
| |
2017 |
|
Su Fei Koo, Portfolio
Manager and Senior Credit Analyst |
| |
2017 |
|
Nuveen Asset Management, LLC | | | | |
Douglas M. Baker, CFA, Managing Director,
Portfolio Manager and Head of Preferred Securities Sector Team |
| |
2017 |
|
Brenda A. Langenfeld,
CFA, Senior Vice President and Portfolio Manager |
| |
2017 |
|
Annual
Fund Operating Expenses** (expenses that you pay each year as a percentage of the value of your investment) |
| |
Class I
|
| |
Class Z
|
| ||||||
Management Fees |
| | | | 0.70% | | | | | | 0.70% | | |
Distribution and Service (12b-1) Fees
|
| | | | None | | | | | | None | | |
Other Expenses |
| | | | 0.23% | | | | | | 0.08% | | |
Total Annual Fund Operating Expenses
|
| | | | 0.93% | | | | | | 0.78% | | |
Fee Waivers and Expense Reimbursements
|
| | | | (0.12)%* | | | | | | (0.12)%* | | |
Total Annual Fund Operating Expenses
Less Fee Waivers and Expense Reimbursements |
| | | | 0.81% | | | | | | 0.66% | | |
| | |
After 1 year
|
| |
After 3 years
|
| |
After 5 years
|
| |
After 10 years
|
| ||||||||||||
Class I Shares |
| | | $ | 83 | | | | | $ | 285 | | | | | $ | 504 | | | | | $ | 1,133 | | |
Class Z Shares |
| | | $ | 68 | | | | | $ | 238 | | | | | $ | 422 | | | | | $ | 956 | | |
| | |
1 Year |
| |
5 Years |
| |
Since Inception (03/20/2017) |
| |||||||||
Return Before Taxes | | | | | | | | | | | | | | | | | | | |
Class I |
| | | | 4.57% | | | | | | 1.51% | | | | | | 1.40% | | |
Class Z* |
| | | | 4.71% | | | | | | 1.65% | | | | | | 1.73% | | |
Return After Taxes on Distributions | | | | | | | | | | | | | | | | | | | |
Class I |
| | | | 4.57% | | | | | | 1.44% | | | | | | 1.32% | | |
Return After Taxes on Distributions and Sale of Fund Shares | | | | | | | | | | | | | | | | | | | |
Class I |
| | | | 3.86% | | | | | | 1.59% | | | | | | 1.42% | | |
ICE BofA US Municipal
Securities 2-12 Year Index (reflects no
deduction for fees, expenses, or taxes) |
| | | | 4.65% | | | | | | 1.97% | | | | | | 2.07% | | |
Portfolio Manager |
| |
Experience with the
Fund |
| |
Title with Adviser
|
|
Brian Storey, CFA | | |
2022 |
| | Deputy
Chief Investment Officer – Destinations Portfolios |
|
Timothy Holland, CFA | | |
2017 |
| | Senior Portfolio Manager | |
Rusty Vanneman, CFA, CMT & BFA
|
| |
2023 |
| | Chief
Investment Officer & Senior Portfolio Manager |
|
Andrew Goins, CFA | | |
2023 |
| | Senior Portfolio Manager | |
Sub-advisers and Portfolio Managers
(Title) |
| |
Fund’s Portfolio Manager Since |
|
Lord, Abbett & Co,
LLC |
| | | |
Daniel S. Solender,
Partner and Director of Tax Free Fixed Income |
| |
2023 |
|
Gregory M. Shuman,
Partner and Portfolio Manager |
| |
2023 |
|
Northern Trust Investments, Inc. | | | | |
Adam Shane, CFA,
Co-Head of Municipal Bond Portfolio Management |
| |
2022 |
|
Nate Miller, Portfolio
Manager |
| |
2022 |
|
Seix Investment Advisors LLC | | | | |
Dusty L. Self, Managing
Director, Senior Portfolio Manager |
| |
2020 |
|
Phillip Hooks,
Director, Portfolo Manager and Municipal Credit Research Anaylst |
| |
2024 |
|
Annual
Fund Operating Expenses** (expenses that you pay each year as a percentage of the value of your investment) |
| |
Class I
|
| |
Class Z
|
| ||||||
Management Fees |
| | | | 1.35% | | | | | | 1.35% | | |
Distribution and Service (12b-1) Fees
|
| | | | None | | | | | | None | | |
Dividends/Interest on Short Sales
|
| | | | 0.08% | | | | | | 0.08% | | |
Other Expenses |
| | | | 0.24% | | | | | | 0.09% | | |
Acquired Fund Fees and Expenses
(AFFE) |
| | | | 0.13% | | | | | | 0.13% | | |
Total Annual Fund Operating Expenses
|
| | | | 1.80% | | | | | | 1.65% | | |
Fee Waivers and Expense Reimbursements
|
| | | | (0.43)%* | | | | | | (0.43)%* | | |
Total Annual Fund Operating Expenses
Less Fee Waivers and Expense Reimbursements |
| | | | 1.37% | | | | | | 1.22% | | |
| | |
After 1 year
|
| |
After 3 years
|
| |
After 5 years
|
| |
After 10 years
|
| ||||||||||||
Class I Shares |
| | | $ | 139 | | | | | $ | 524 | | | | | $ | 933 | | | | | $ | 2,076 | | |
Class Z Shares |
| | | $ | 124 | | | | | $ | 477 | | | | | $ | 855 | | | | | $ | 1,914 | | |
| | |
1 Year |
| |
5 Years |
| |
Since Inception (03/20/2017) |
| |||||||||
Return Before Taxes | | | | | | | | | | | | | | | | | | | |
Class I |
| | | | 12.82% | | | | | | 6.55% | | | | | | 4.66% | | |
Class Z* |
| | | | 12.99% | | | | | | 6.71% | | | | | | 4.96% | | |
Return After Taxes on Distributions | | | | | | | | | | | | | | | | | | | |
Class I |
| | | | 9.92% | | | | | | 4.95% | | | | | | 3.10% | | |
Return After Taxes on Distributions and Sale of Fund Shares | | | | | | | | | | | | | | | | | | | |
Class I |
| | | | 7.61% | | | | | | 4.46% | | | | | | 2.99% | | |
ICE BofA US Broad
Market Index** (reflects no deduction for
fees, expenses, or taxes) |
| | | | 5.39% | | | | | | 1.08% | | | | | | 1.26% | | |
Portfolio Manager |
| |
Experience with the
Fund |
| |
Title with Adviser
|
|
Brian Storey, CFA | | |
2022 |
| | Deputy
Chief Investment Officer – Destinations Portfolios |
|
Timothy Holland, CFA | | |
2017 |
| | Senior Portfolio Manager | |
Rusty Vanneman, CFA, CMT & BFA
|
| |
2023 |
| | Chief
Investment Officer & Senior Portfolio Manager |
|
Andrew Goins, CFA | | |
2023 |
| | Senior Portfolio Manager | |
Sub-advisers and Portfolio Managers
(Title) |
| |
Fund’s Portfolio Manager Since |
|
Driehaus Capital Management LLC | | | | |
Michael Caldwell,
Portfolio Manager |
| |
2017 |
|
Yoav Sharon, Portfolio
Manager |
| |
2017 |
|
Thomas McCauley,
Portfolio Manager |
| |
2017 |
|
LMCG Investments, LLC | | | | |
David Weeks, Managing Partner, Chief
Investment Officer – Serenitas Investment Team |
| |
2019 |
|
Ajit Kumar, CFA, Partner, Portfolio
Manager |
| |
2019 |
|
Edwin Tsui, CFA, Partner, Portfolio
Manager |
| |
2019 |
|
Andreas Eckner, PhD, Partner, Portfolio
Manager |
| |
2019 |
|
Guillaume Horel, PhD, Partner, Portfolio
Manager |
| |
2019 |
|
Annual
Fund Operating Expenses** (expenses that you pay each year as a percentage of the value of your investment) |
| |
Class I
|
| |
Class Z
|
| ||||||
Management Fees |
| | | | 0.85% | | | | | | 0.85% | | |
Distribution and/or Service (12b-1) Fees
|
| | | | None | | | | | | None | | |
Other Expenses |
| | | | 0.34% | | | | | | 0.19% | | |
Total Annual Fund Operating Expenses
|
| | | | 1.19% | | | | | | 1.04% | | |
Fee Waivers and Expense Reimbursements
|
| | | | (0.06)%* | | | | | | (0.06)%* | | |
Total Annual Fund Operating Expenses
Less Fee Waivers and Expense Reimbursements |
| | | | 1.13% | | | | | | 0.98% | | |
| | |
After 1 year
|
| |
After 3 years
|
| |
After 5 years
|
| |
After 10 years
|
| ||||||||||||
Class I Shares |
| | | $ | 116 | | | | | $ | 372 | | | | | $ | 649 | | | | | $ | 1,439 | | |
Class Z Shares |
| | | $ | 100 | | | | | $ | 326 | | | | | $ | 569 | | | | | $ | 1,267 | | |
| | |
1 Year |
| |
Since Inception (10/26/2021) |
| ||||||
Return Before Taxes | | | | | | | | | | | | | |
Class I |
| | | | 17.20% | | | | | | 0.24% | | |
Class Z* |
| | | | 17.45% | | | | | | -0.18% | | |
Return After Taxes on Distributions | | | | | | | | | | | | | |
Class I |
| | | | 17.10% | | | | | | 0.14% | | |
Return After Taxes on Distributions and Sale of Fund Shares | | | | | | | | | | | | | |
Class I |
| | | | 10.25% | | | | | | 0.18% | | |
Russell 1000 Index (reflects no deduction for fees, expenses, or
taxes) |
| | | | 26.53% | | | | | | 2.54% | | |
Portfolio Manager |
| |
Experience with the Fund |
| |
Title with Adviser
|
|
Brian Storey, CFA | | |
2022 |
| |
Head of Destinations Portfolios |
|
Timothy Holland, CFA | | |
2021 |
| | Senior Portfolio Manager | |
Rusty Vanneman, CFA, CMT & BFA
|
| |
2023 |
| | Chief
Investment Officer & Senior Portfolio Manager |
|
Andrew Goins, CFA | | |
2023 |
| | Senior Portfolio Manager | |
Sub-adviser and Portfolio Managers
(Title) |
| |
Fund’s Portfolio Manager Since |
|
Gateway Investment Advisers, LLC | | | | |
Michael T. Buckius,
Presdent, Chief Investment Officer |
| |
2021 |
|
Daniel M. Ashcraft,
Vice President, Portfolio Manager |
| |
2021 |
|
Kenneth H. Toft, Senior
Vice-President, Portfolio Manager |
| |
2021 |
|
Mitchell J. Trotta,
Portfolio Manager |
| |
2021 |
|
Fund |
| |
Contractual Advisory Fee |
| |
Actual Advisory Fee Paid |
| ||||||
Destinations Large Cap Equity Fund
|
| | | | 0.75% | | | | | | 0.61% | | |
Destinations Small-Mid Cap Equity Fund
|
| | | | 0.90% | | | | | | 0.80% | | |
Destinations International Equity Fund
|
| | | | 1.00% | | | | | | 0.79% | | |
Destinations Equity Income Fund |
| | | | 0.80% | | | | | | 0.68% | | |
Destinations Core Fixed Income Fund
|
| | | | 0.65% | | | | | | 0.61% | | |
Destinations Low Duration Fixed Income
Fund |
| | | | 0.70% | | | | | | 0.64% | | |
Destinations Global Fixed Income
Opportunities Fund |
| | | | 0.85% | | | | | | 0.72% | | |
Destinations Municipal Fixed Income Fund
|
| | | | 0.70% | | | | | | 0.58% | | |
Destinations Multi Strategy Alternatives
Fund |
| | | | 1.35% | | | | | | 0.92% | | |
Destinations Shelter Fund |
| | | | 0.85% | | | | | | 0.79% | | |
| | |
Class I
|
| |||||||||||||||||||||||||||
| | |
2024 |
| |
2023 |
| |
2022 |
| |
2021 |
| |
2020 |
| |||||||||||||||
Net asset value,
Beginning of Period |
| | | $ | 12.69 | | | | | $ | 14.44 | | | | | $ | 15.84 | | | | | $ | 11.88 | | | | | $ | 11.61 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.07 | | | | | | 0.08 | | | | | | 0.04 | | | | | | 0.07 | | | | | | 0.10 | | |
Net realized and unrealized gain |
| | | | 3.45 | | | | | | (1.14) | | | | | | 1.33 | | | | | | 4.19 | | | | | | 0.40 | | |
Total Income from Operations |
| | | | 3.52 | | | | | | (1.06) | | | | | | 1.37 | | | | | | 4.26 | | | | | | 0.50 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income |
| | | | (0.07) | | | | | | (0.07) | | | | | | (0.10) | | | | | | (0.01) | | | | | | (0.10) | | |
Net realized gain |
| | | | (0.61) | | | | | | (0.62) | | | | | | (2.67) | | | | | | (0.29) | | | | | | (0.13) | | |
Total Distributions |
| | | | (0.68) | | | | | | (0.69) | | | | | | (2.77) | | | | | | (0.30) | | | | | | (0.23) | | |
Net Asset Value, End
of Period |
| | | $ | 15.53 | | | | | $ | 12.69 | | | | | $ | 14.44 | | | | | $ | 15.84 | | | | | $ | 11.88 | | |
Total Return(2)
|
| | | | 28.18% | | | | | | (7.21)% | | | | | | 7.48% | | | | | | 35.94% | | | | | | 4.18% | | |
Net Assets, End of
Period (millions) |
| | | $ | 3,810 | | | | | $ | 3,992 | | | | | $ | 4,783 | | | | | $ | 4,450 | | | | | $ | 3,651 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses |
| | | | 0.95% | | | | | | 0.96% | | | | | | 0.95% | | | | | | 0.95% | | | | | | 0.95% | | |
Net expenses(3)
|
| | | | 0.80% | | | | | | 0.82% | | | | | | 0.80% | | | | | | 0.82% | | | | | | 0.82% | | |
Net investment income(3)
|
| | | | 0.50% | | | | | | 0.64% | | | | | | 0.21% | | | | | | 0.56% | | | | | | 0.84% | | |
Portfolio Turnover
Rate(4)
|
| | | | 95% | | | | | | 71% | | | | | | 83% | | | | | | 48% | | | | | | 49% | | |
| | |
Class Z
|
| |||||||||||||||||||||||||||
| | |
2024 |
| |
2023 |
| |
2022 |
| |
2021 |
| |
2020 |
| |||||||||||||||
Net asset value,
Beginning of Period |
| | | $ | 9.65 | | | | | $ | 11.18 | | | | | $ | 12.81 | | | | | $ | 9.65 | | | | | $ | 9.46 | | |
Income (Loss) from Operations: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.07 | | | | | | 0.08 | | | | | | 0.05 | | | | | | 0.08 | | | | | | 0.10 | | |
Net realized and unrealized gain |
| | | | 2.63 | | | | | | (0.90) | | | | | | 1.12 | | | | | | 3.40 | | | | | | 0.34 | | |
Total Income from Operations |
| | | | 2.70 | | | | | | (0.82) | | | | | | 1.17 | | | | | | 3.48 | | | | | | 0.44 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income |
| | | | (0.10) | | | | | | (0.09) | | | | | | (0.13) | | | | | | (0.03) | | | | | | (0.12) | | |
Net realized gain |
| | | | (0.61) | | | | | | (0.62) | | | | | | (2.67) | | | | | | (0.29) | | | | | | (0.13) | | |
Total Distributions |
| | | | (0.71) | | | | | | (0.71) | | | | | | (2.80) | | | | | | (0.32) | | | | | | (0.25) | | |
Net Asset Value, End
of Period |
| | | $ | 11.64 | | | | | $ | 9.65 | | | | | $ | 11.18 | | | | | $ | 12.81 | | | | | $ | 9.65 | | |
Total Return(2) |
| | | | 28.50% | | | | | | (7.16)% | | | | | | 7.65% | | | | | | 36.16% | | | | | | 4.45% | | |
Net Assets, End of
Period (millions) |
| | | $ | 406 | | | | | $ | 397 | | | | | $ | 506 | | | | | $ | 283 | | | | | $ | 200 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses |
| | | | 0.80% | | | | | | 0.81% | | | | | | 0.80% | | | | | | 0.80% | | | | | | 0.80% | | |
Net expenses(3)
|
| | | | 0.65% | | | | | | 0.67% | | | | | | 0.65% | | | | | | 0.67% | | | | | | 0.67% | | |
Net investment income(3)
|
| | | | 0.65% | | | | | | 0.79% | | | | | | 0.36% | | | | | | 0.70% | | | | | | 0.96% | | |
Portfolio Turnover
Rate(4) |
| | | | 95% | | | | | | 71% | | | | | | 83% | | | | | | 48% | | | | | | 49% | | |
| | |
Class I
|
| |||||||||||||||||||||||||||
| | |
2024 |
| |
2023 |
| |
2022 |
| |
2021 |
| |
2020 |
| |||||||||||||||
Net asset value,
Beginning of Period |
| | | $ | 11.79 | | | | | $ | 12.97 | | | | | $ | 16.43 | | | | | $ | 10.92 | | | | | $ | 11.31 | | |
Income (Loss) from Operations: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.04 | | | | | | 0.04 | | | | | | (0.01) | | | | | | 0.01 | | | | | | 0.06 | | |
Net realized and unrealized gain |
| | | | 1.37 | | | | | | (0.82) | | | | | | 0.55 | | | | | | 5.80 | | | | | | 0.04 | | |
Total Income from Operations |
| | | | 1.41 | | | | | | (0.78) | | | | | | 0.54 | | | | | | 5.81 | | | | | | 0.10 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income |
| | | | (0.03) | | | | | | — | | | | | | — | | | | | | (0.00)* | | | | | | (0.06) | | |
Net realized gain |
| | | | — | | | | | | (0.40) | | | | | | (4.00) | | | | | | (0.30) | | | | | | (0.43) | | |
Total Distributions |
| | | | (0.03) | | | | | | (0.40) | | | | | | (4.00) | | | | | | (0.30) | | | | | | (0.49) | | |
Net Asset Value, End
of Period |
| | | $ | 13.17 | | | | | $ | 11.79 | | | | | $ | 12.97 | | | | | $ | 16.43 | | | | | $ | 10.92 | | |
Total Return(2) |
| | | | 12.00% | | | | | | (5.86)% | | | | | | 1.66% | | | | | | 53.65% | | | | | | 0.52% | | |
Net Assets, End of
Period (millions) |
| | | $ | 775 | | | | | $ | 1,036 | | | | | $ | 1,198 | | | | | $ | 1,167 | | | | | $ | 890 | | |
Ratios to Average Net Assets: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses |
| | | | 1.15% | | | | | | 1.13% | | | | | | 1.11% | | | | | | 1.11% | | | | | | 1.11% | | |
Net expenses(3)
|
| | | | 1.11% | | | | | | 1.12% | | | | | | 1.10% | | | | | | 1.11% | | | | | | 1.08% | | |
Net investment income(3)
|
| | | | 0.38% | | | | | | 0.36% | | | | | | (0.05)% | | | | | | 0.09% | | | | | | 0.54% | | |
Portfolio Turnover
Rate(4)
|
| | | | 115% | | | | | | 125% | | | | | | 111% | | | | | | 145% | | | | | | 110% | | |
| | |
Class Z
|
| |||||||||||||||||||||||||||
| | |
2024 |
| |
2023 |
| |
2022 |
| |
2021 |
| |
2020 |
| |||||||||||||||
Net asset value,
Beginning of Period |
| | | $ | 8.70 | | | | | $ | 9.68 | | | | | $ | 13.17 | | | | | $ | 8.80 | | | | | $ | 9.20 | | |
Income (Loss) from Operations: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.05 | | | | | | 0.05 | | | | | | 0.01 | | | | | | 0.02 | | | | | | 0.06 | | |
Net realized and unrealized gain |
| | | | 1.01 | | | | | | (0.63) | | | | | | 0.50 | | | | | | 4.67 | | | | | | 0.05 | | |
Total Income from Operations |
| | | | 1.06 | | | | | | (0.58) | | | | | | 0.51 | | | | | | 4.69 | | | | | | 0.11 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income |
| | | | (0.05) | | | | | | — | | | | | | — | | | | | | (0.02) | | | | | | (0.08) | | |
Net realized gain |
| | | | — | | | | | | (0.40) | | | | | | (4.00) | | | | | | (0.30) | | | | | | (0.43) | | |
Total Distributions |
| | | | (0.05) | | | | | | (0.40) | | | | | | (4.00) | | | | | | (0.32) | | | | | | (0.51) | | |
Net Asset Value, End
of Period |
| | | $ | 9.71 | | | | | $ | 8.70 | | | | | $ | 9.68 | | | | | $ | 13.17 | | | | | $ | 8.80 | | |
Total Return(2) |
| | | | 12.25% | | | | | | (5.78)% | | | | | | 1.86% | | | | | | 53.85% | | | | | | 0.69% | | |
Net Assets, End of
Period (millions) |
| | | $ | 83 | | | | | $ | 101 | | | | | $ | 126 | | | | | $ | 74 | | | | | $ | 46 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses |
| | | | 1.00% | | | | | | 0.98% | | | | | | 0.96% | | | | | | 0.96% | | | | | | 0.97% | | |
Net expenses(3)
|
| | | | 0.96% | | | | | | 0.97% | | | | | | 0.95% | | | | | | 0.96% | | | | | | 0.94% | | |
Net investment income(3)
|
| | | | 0.53% | | | | | | 0.51% | | | | | | 0.10% | | | | | | 0.22% | | | | | | 0.66% | | |
Portfolio Turnover Rate(4) |
| | | | 115% | | | | | | 125% | | | | | | 111% | | | | | | 145% | | | | | | 110% | | |
| | |
Class I
|
| |||||||||||||||||||||||||||
| | |
2024 |
| |
2023 |
| |
2022 |
| |
2021 |
| |
2020 |
| |||||||||||||||
Net asset value,
Beginning of Period |
| | | $ | 11.72 | | | | | $ | 13.24 | | | | | $ | 15.11 | | | | | $ | 11.30 | | | | | $ | 10.86 | | |
Income (Loss) from Operations: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.21 | | | | | | 0.12 | | | | | | 0.01 | | | | | | 0.00* | | | | | | 0.09 | | |
Net realized and unrealized gain |
| | | | 1.06 | | | | | | (1.33) | | | | | | (1.22) | | | | | | 3.81 | | | | | | 0.44 | | |
Total Income from Operations |
| | | | 1.27 | | | | | | (1.21) | | | | | | (1.21) | | | | | | 3.81 | | | | | | 0.53 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income |
| | | | (0.24) | | | | | | (0.20) | | | | | | (0.03) | | | | | | (0.00)* | | | | | | (0.09) | | |
Net realized gain |
| | | | — | | | | | | (0.11) | | | | | | (0.63) | | | | | | — | | | | | | — | | |
Total Distributions |
| | | | (0.24) | | | | | | (0.31) | | | | | | (0.66) | | | | | | — | | | | | | (0.09) | | |
Net Asset Value, End
of Period |
| | | $ | 12.75 | | | | | $ | 11.72 | | | | | $ | 13.24 | | | | | $ | 15.11 | | | | | $ | 11.30 | | |
Total Return(2) |
| | | | 10.84% | | | | | | (9.07)% | | | | | | (8.36)% | | | | | | 33.76% | | | | | | 4.83% | | |
Net Assets, End of
Period (millions) |
| | | $ | 2,222 | | | | | $ | 1,840 | | | | | $ | 2,419 | | | | | $ | 2,288 | | | | | $ | 1,884 | | |
Ratios to Average Net Assets: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses |
| | | | 1.25% | | | | | | 1.26% | | | | | | 1.24% | | | | | | 1.24% | | | | | | 1.25% | | |
Net expenses(3)
|
| | | | 1.05% | | | | | | 1.16% | | | | | | 1.20% | | | | | | 1.23% | | | | | | 1.17% | | |
Net investment income(3)
|
| | | | 1.73% | | | | | | 1.02% | | | | | | 0.05% | | | | | | 0.02% | | | | | | 0.77% | | |
Portfolio Turnover Rate(4) |
| | | | 69% | | | | | | 66% | | | | | | 48% | | | | | | 38% | | | | | | 27% | | |
| | |
Class Z
|
| |||||||||||||||||||||||||||
| | |
2024 |
| |
2023 |
| |
2022 |
| |
2021 |
| |
2020 |
| |||||||||||||||
Net asset value,
Beginning of Period |
| | | $ | 10.11 | | | | | $ | 11.48 | | | | | $ | 13.18 | | | | | $ | 9.86 | | | | | $ | 9.48 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.19 | | | | | | 0.12 | | | | | | 0.02 | | | | | | 0.02 | | | | | | 0.06 | | |
Net realized and unrealized gain |
| | | | 0.92 | | | | | | (1.16) | | | | | | (1.05) | | | | | | 3.32 | | | | | | 0.43 | | |
Total Income from Operations |
| | | | 1.11 | | | | | | (1.04) | | | | | | (1.03) | | | | | | 3.34 | | | | | | 0.49 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income |
| | | | (0.25) | | | | | | (0.22) | | | | | | (0.04) | | | | | | (0.02) | | | | | | (0.11) | | |
Net realized gain |
| | | | — | | | | | | (0.11) | | | | | | (0.63) | | | | | | — | | | | | | — | | |
Total Distributions |
| | | | (0.25) | | | | | | (0.33) | | | | | | (0.67) | | | | | | (0.02) | | | | | | (0.11) | | |
Net Asset Value, End
of Period |
| | | $ | 10.97 | | | | | $ | 10.11 | | | | | $ | 11.48 | | | | | $ | 13.18 | | | | | $ | 9.86 | | |
Total Return(2)
|
| | | | 11.06% | | | | | | (8.98)% | | | | | | (8.16)% | | | | | | 33.91% | | | | | | 5.05% | | |
Net Assets, End of
Period (millions) |
| | | $ | 240 | | | | | $ | 184 | | | | | $ | 253 | | | | | $ | 145 | | | | | $ | 99 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses |
| | | | 1.10% | | | | | | 1.11% | | | | | | 1.09% | | | | | | 1.09% | | | | | | 1.10% | | |
Net expenses(3)
|
| | | | 0.90% | | | | | | 1.01% | | | | | | 1.05% | | | | | | 1.08% | | | | | | 1.02% | | |
Net investment income(3)
|
| | | | 1.84% | | | | | | 1.19% | | | | | | 0.13% | | | | | | 0.14% | | | | | | 0.62% | | |
Portfolio Turnover
Rate(4)
|
| | | | 69% | | | | | | 66% | | | | | | 48% | | | | | | 38% | | | | | | 27% | | |
| | |
Class I
|
| |||||||||||||||||||||||||||
| | |
2024 |
| |
2023 |
| |
2022 |
| |
2021 |
| |
2020 |
| |||||||||||||||
Net asset value,
Beginning of Period |
| | | $ | 11.27 | | | | | $ | 11.91 | | | | | $ | 10.26 | | | | | $ | 9.74 | | | | | $ | 10.20 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.34 | | | | | | 0.36 | | | | | | 0.34 | | | | | | 0.34 | | | | | | 0.35 | | |
Net realized and unrealized gain |
| | | | 0.32 | | | | | | (0.47) | | | | | | 1.65 | | | | | | 0.63 | | | | | | (0.40) | | |
Total Income from Operations |
| | | | 0.66 | | | | | | (0.11) | | | | | | 1.99 | | | | | | 0.97 | | | | | | (0.05) | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income |
| | | | (0.39) | | | | | | (0.34) | | | | | | (0.34) | | | | | | (0.31) | | | | | | (0.32) | | |
Net realized gain |
| | | | (0.05) | | | | | | (0.19) | | | | | | — | | | | | | (0.14) | | | | | | (0.09) | | |
Total Distributions |
| | | | (0.44) | | | | | | (0.53) | | | | | | (0.34) | | | | | | (0.45) | | | | | | (0.41) | | |
Net Asset Value, End
of Period |
| | | $ | 11.49 | | | | | $ | 11.27 | | | | | $ | 11.91 | | | | | $ | 10.26 | | | | | $ | 9.74 | | |
Total Return(2)
|
| | | | 6.09% | | | | | | (0.83)% | | | | | | 19.68% | | | | | | 10.37% | | | | | | (0.78)% | | |
Net Assets, End of
Period (millions) |
| | | $ | 550 | | | | | $ | 652 | | | | | $ | 469 | | | | | $ | 375 | | | | | $ | 441 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses |
| | | | 1.06% | | | | | | 1.04% | | | | | | 1.04% | | | | | | 1.03% | | | | | | 1.03% | | |
Net expenses(3)
|
| | | | 0.96% | | | | | | 0.94% | | | | | | 0.92% | | | | | | 0.92% | | | | | | 0.88% | | |
Net investment income(3)
|
| | | | 3.10% | | | | | | 3.10% | | | | | | 2.94% | | | | | | 3.60% | | | | | | 3.31% | | |
Portfolio Turnover
Rate(4)
|
| | | | 51% | | | | | | 46% | | | | | | 58% | | | | | | 54% | | | | | | 43% | | |
| | |
Class Z
|
| |||||||||||||||||||||||||||
| | |
2024 |
| |
2023 |
| |
2022 |
| |
2021 |
| |
2020 |
| |||||||||||||||
Net asset value,
Beginning of Period |
| | | $ | 10.89 | | | | | $ | 11.52 | | | | | $ | 9.94 | | | | | $ | 9.44 | | | | | $ | 9.89 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.34 | | | | | | 0.36 | | | | | | 0.35 | | | | | | 0.34 | | | | | | 0.36 | | |
Net realized and unrealized gain |
| | | | 0.30 | | | | | | (0.45) | | | | | | 1.59 | | | | | | 0.62 | | | | | | (0.38) | | |
Total Income from Operations |
| | | | 0.64 | | | | | | (0.09) | | | | | | 1.94 | | | | | | 0.96 | | | | | | (0.02) | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income |
| | | | (0.40) | | | | | | (0.35) | | | | | | (0.36) | | | | | | (0.32) | | | | | | (0.34) | | |
Net realized gain |
| | | | (0.05) | | | | | | (0.19) | | | | | | — | | | | | | (0.14) | | | | | | (0.09) | | |
Total Distributions |
| | | | (0.45) | | | | | | (0.54) | | | | | | (0.36) | | | | | | (0.46) | | | | | | (0.43) | | |
Net Asset Value, End
of Period |
| | | $ | 11.08 | | | | | $ | 10.89 | | | | | $ | 11.52 | | | | | $ | 9.94 | | | | | $ | 9.44 | | |
Total Return(2)
|
| | | | 6.17% | | | | | | (0.65)% | | | | | | 19.71% | | | | | | 10.63% | | | | | | (0.58)% | | |
Net Assets, End of
Period (millions) |
| | | $ | 55 | | | | | $ | 60 | | | | | $ | 44 | | | | | $ | 24 | | | | | $ | 21 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses |
| | | | 0.91% | | | | | | 0.89% | | | | | | 0.89% | | | | | | 0.88% | | | | | | 0.88% | | |
Net expenses(3)
|
| | | | 0.81% | | | | | | 0.79% | | | | | | 0.77% | | | | | | 0.77% | | | | | | 0.74% | | |
Net investment income(4)
|
| | | | 3.23% | | | | | | 3.24% | | | | | | 3.09% | | | | | | 3.72% | | | | | | 3.46% | | |
Portfolio Turnover
Rate(4)
|
| | | | 51% | | | | | | 46% | | | | | | 58% | | | | | | 54% | | | | | | 43% | | |
| | |
Class I
|
| |||||||||||||||||||||||||||
| | |
2024 |
| |
2023 |
| |
2022 |
| |
2021 |
| |
2020 |
| |||||||||||||||
Net asset value,
Beginning of Period |
| | | $ | 8.31 | | | | | $ | 9.52 | | | | | $ | 10.19 | | | | | $ | 10.42 | | | | | $ | 9.83 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.26 | | | | | | 0.24 | | | | | | 0.12 | | | | | | 0.20 | | | | | | 0.28 | | |
Net realized and unrealized gain |
| | | | 0.02 | | | | | | (1.21) | | | | | | (0.38) | | | | | | (0.20) | | | | | | 0.59 | | |
Total Income from Operations |
| | | | 0.28 | | | | | | (0.97) | | | | | | (0.26) | | | | | | — | | | | | | 0.87 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income |
| | | | (0.27) | | | | | | (0.24) | | | | | | (0.13) | | | | | | (0.20) | | | | | | (0.28) | | |
Net realized gain |
| | | | — | | | | | | — | | | | | | (0.28) | | | | | | (0.03) | | | | | | — | | |
Return of capital |
| | | | (0.02) | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Total Distributions |
| | | | (0.29) | | | | | | (0.24) | | | | | | (0.41) | | | | | | (0.23) | | | | | | (0.28) | | |
Net Asset Value, End
of Period |
| | | $ | 8.30 | | | | | $ | 8.31 | | | | | $ | 9.52 | | | | | $ | 10.19 | | | | | $ | 10.42 | | |
Total Return(2)
|
| | | | 3.42% | | | | | | (10.19)% | | | | | | (2.72)% | | | | | | 0.05% | | | | | | 8.97% | | |
Net Assets, End of
Period (millions) |
| | | $ | 1,821 | | | | | $ | 1,793 | | | | | $ | 2,002 | | | | | $ | 2,079 | | | | | $ | 1,896 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses |
| | | | 0.88% | | | | | | 0.89% | | | | | | 0.87% | | | | | | 0.87% | | | | | | 0.88% | | |
Net expenses(3)
|
| | | | 0.80% | | | | | | 0.81% | | | | | | 0.79% | | | | | | 0.78% | | | | | | 0.80% | | |
Net investment income(3)
|
| | | | 3.14% | | | | | | 2.82% | | | | | | 1.18% | | | | | | 1.91% | | | | | | 2.80% | | |
Portfolio Turnover
Rate(4)
|
| | | | 181% | | | | | | 198% | | | | | | 240% | | | | | | 204% | | | | | | 43% | | |
| | |
Class Z
|
| |||||||||||||||||||||||||||
| | |
2024 |
| |
2023 |
| |
2022 |
| |
2021 |
| |
2020 |
| |||||||||||||||
Net asset value,
Beginning of Period |
| | | $ | 8.55 | | | | | $ | 9.79 | | | | | $ | 10.46 | | | | | $ | 10.69 | | | | | $ | 10.08 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.28 | | | | | | 0.26 | | | | | | 0.14 | | | | | | 0.22 | | | | | | 0.30 | | |
Net realized and unrealized gain |
| | | | 0.01 | | | | | | (1.24) | | | | | | (0.39) | | | | | | (0.21) | | | | | | 0.61 | | |
Total Income from Operations |
| | | | 0.29 | | | | | | (0.98) | | | | | | (0.25) | | | | | | 0.01 | | | | | | 0.91 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income |
| | | | (0.28) | | | | | | (0.26) | | | | | | (0.14) | | | | | | (0.21) | | | | | | (0.30) | | |
Net realized gain |
| | | | — | | | | | | — | | | | | | (0.28) | | | | | | (0.03) | | | | | | — | | |
Return of capital |
| | | | (0.02) | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Total Distributions |
| | | | (0.30) | | | | | | (0.26) | | | | | | (0.42) | | | | | | (0.24) | | | | | | (0.30) | | |
Net Asset Value, End
of Period |
| | | $ | 8.54 | | | | | $ | 8.55 | | | | | $ | 9.79 | | | | | $ | 10.46 | | | | | $ | 10.69 | | |
Total Return(2)
|
| | | | 3.45% | | | | | | (10.08)% | | | | | | (2.50)% | | | | | | 0.17% | | | | | | 9.11% | | |
Net Assets, End of
Period (millions) |
| | | $ | 192 | | | | | $ | 170 | | | | | $ | 202 | | | | | $ | 121 | | | | | $ | 99 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses |
| | | | 0.73% | | | | | | 0.74% | | | | | | 0.72% | | | | | | 0.72% | | | | | | 0.73% | | |
Net expenses(3)
|
| | | | 0.65% | | | | | | 0.66% | | | | | | 0.64% | | | | | | 0.63% | | | | | | 0.65% | | |
Net investment income(3)
|
| | | | 3.28% | | | | | | 2.96% | | | | | | 1.36% | | | | | | 2.05% | | | | | | 2.90% | | |
Portfolio Turnover
Rate(4)
|
| | | | 181% | | | | | | 198% | | | | | | 240% | | | | | | 204% | | | | | | 43% | | |
| | |
Class I
|
| |||||||||||||||||||||||||||
| | |
2024 |
| |
2023 |
| |
2022 |
| |
2021 |
| |
2020 |
| |||||||||||||||
Net asset value,
Beginning of Period |
| | | $ | 9.19 | | | | | $ | 9.68 | | | | | $ | 9.73 | | | | | $ | 9.75 | | | | | $ | 9.84 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.55 | | | | | | 0.42 | | | | | | 0.30 | | | | | | 0.34 | | | | | | 0.33 | | |
Net realized and unrealized gain |
| | | | 0.12 | | | | | | (0.39) | | | | | | 0.03 | | | | | | (0.02) | | | | | | (0.08) | | |
Total Income from Operations |
| | | | 0.67 | | | | | | 0.03 | | | | | | 0.33 | | | | | | 0.32 | | | | | | 0.25 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income |
| | | | (0.56) | | | | | | (0.51) | | | | | | (0.37) | | | | | | (0.34) | | | | | | (0.34) | | |
Net realized gain |
| | | | — | | | | | | (0.01) | | | | | | (0.01) | | | | | | — | | | | | | — | | |
Total Distributions |
| | | | (0.56) | | | | | | (0.52) | | | | | | (0.38) | | | | | | (0.34) | | | | | | (0.34) | | |
Net Asset Value, End
of Period |
| | | $ | 9.30 | | | | | $ | 9.19 | | | | | $ | 9.68 | | | | | $ | 9.73 | | | | | $ | 9.75 | | |
Total Return(2)
|
| | | | 7.55% | | | | | | 0.37% | | | | | | 3.40% | | | | | | 3.43% | | | | | | 2.59% | | |
Net Assets, End of
Period (millions) |
| | | $ | 371 | | | | | $ | 451 | | | | | $ | 539 | | | | | $ | 418 | | | | | $ | 320 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses |
| | | | 0.99% | | | | | | 0.96% | | | | | | 0.93% | | | | | | 0.95% | | | | | | 0.96% | | |
Net expenses(3)
|
| | | | 0.95% | | | | | | 0.94% | | | | | | 0.93% | | | | | | 0.95% | | | | | | 0.94% | | |
Net investment income(3)
|
| | | | 5.98% | | | | | | 4.51% | | | | | | 3.09% | | | | | | 3.63% | | | | | | 3.30% | | |
Portfolio Turnover
Rate(4)
|
| | | | 98% | | | | | | 98% | | | | | | 107% | | | | | | 168% | | | | | | 138% | | |
| | |
Class Z
|
| |||||||||||||||||||||||||||
| | |
2024 |
| |
2023 |
| |
2022 |
| |
2021 |
| |
2020 |
| |||||||||||||||
Net asset value,
Beginning of Period |
| | | $ | 9.40 | | | | | $ | 9.89 | | | | | $ | 9.93 | | | | | $ | 9.94 | | | | | $ | 10.03 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.58 | | | | | | 0.44 | | | | | | 0.33 | | | | | | 0.36 | | | | | | 0.34 | | |
Net realized and unrealized gain |
| | | | 0.12 | | | | | | (0.40) | | | | | | 0.02 | | | | | | (0.02) | | | | | | (0.07) | | |
Total Income from Operations |
| | | | 0.70 | | | | | | 0.04 | | | | | | 0.35 | | | | | | 0.34 | | | | | | 0.27 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income |
| | | | (0.57) | | | | | | (0.52) | | | | | | (0.38) | | | | | | (0.35) | | | | | | (0.36) | | |
Net realized gain |
| | | | — | | | | | | (0.01) | | | | | | (0.01) | | | | | | — | | | | | | — | | |
Total Distributions |
| | | | (0.57) | | | | | | (0.53) | | | | | | (0.39) | | | | | | (0.35) | | | | | | (0.36) | | |
Net Asset Value, End
of Period |
| | | $ | 9.53 | | | | | $ | 9.40 | | | | | $ | 9.89 | | | | | $ | 9.93 | | | | | $ | 9.94 | | |
Total Return(2)
|
| | | | 7.74% | | | | | | 0.49% | | | | | | 3.56% | | | | | | 3.60% | | | | | | 2.69% | | |
Net Assets, End of
Period (millions) |
| | | $ | 34 | | | | | $ | 37 | | | | | $ | 49 | | | | | $ | 22 | | | | | $ | 14 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses |
| | | | 0.84% | | | | | | 0.80% | | | | | | 0.78% | | | | | | 0.80% | | | | | | 0.82% | | |
Net expenses(3)
|
| | | | 0.80% | | | | | | 0.79% | | | | | | 0.78% | | | | | | 0.80% | | | | | | 0.80% | | |
Net investment income(3)
|
| | | | 6.13% | | | | | | 4.63% | | | | | | 3.28% | | | | | | 3.78% | | | | | | 3.40% | | |
Portfolio Turnover
Rate(4)
|
| | | | 98% | | | | | | 98% | | | | | | 107% | | | | | | 168% | | | | | | 138% | | |
| | |
Class I
|
| |||||||||||||||||||||||||||
| | |
2024 |
| |
2023 |
| |
2022 |
| |
2021 |
| |
2020 |
| |||||||||||||||
Net asset value,
Beginning of Period |
| | | $ | 9.12 | | | | | $ | 9.76 | | | | | $ | 10.02 | | | | | $ | 9.83 | | | | | $ | 9.82 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.58 | | | | | | 0.44 | | | | | | 0.32 | | | | | | 0.40 | | | | | | 0.39 | | |
Net realized and unrealized gain |
| | | | 0.21 | | | | | | (0.65) | | | | | | (0.17) | | | | | | 0.19 | | | | | | 0.02 | | |
Total Income from Operations |
| | | | 0.79 | | | | | | (0.21) | | | | | | 0.15 | | | | | | 0.59 | | | | | | 0.41 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income |
| | | | (0.59) | | | | | | (0.43) | | | | | | (0.41) | | | | | | (0.40) | | | | | | (0.40) | | |
Total Distributions |
| | | | (0.59) | | | | | | (0.43) | | | | | | (0.41) | | | | | | (0.40) | | | | | | (0.40) | | |
Net Asset Value, End
of Period |
| | | $ | 9.32 | | | | | $ | 9.12 | | | | | $ | 9.76 | | | | | $ | 10.02 | | | | | $ | 9.83 | | |
Total Return(2)
|
| | | | 8.98% | | | | | | (2.09)% | | | | | | 1.49% | | | | | | 6.28% | | | | | | 4.18% | | |
Net Assets, End of
Period (millions) |
| | | $ | 752 | | | | | $ | 662 | | | | | $ | 699 | | | | | $ | 718 | | | | | $ | 733 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses(3)
|
| | | | 1.15% | | | | | | 1.14% | | | | | | 1.19% | | | | | | 1.13% | | | | | | 1.11% | | |
Net expenses(3)(4)
|
| | | | 1.02% | | | | | | 1.03% | | | | | | 1.08% | | | | | | 1.02% | | | | | | 1.00% | | |
Net investment income(4)
|
| | | | 6.42% | | | | | | 4.70% | | | | | | 3.17% | | | | | | 4.17% | | | | | | 3.92% | | |
Portfolio Turnover
Rate(5)
|
| | | | 83% | | | | | | 58% | | | | | | 90% | | | | | | 164% | | | | | | 84% | | |
| | |
Class Z
|
| |||||||||||||||||||||||||||
| | |
2024 |
| |
2023 |
| |
2022 |
| |
2021 |
| |
2020 |
| |||||||||||||||
Net asset value,
Beginning of Period |
| | | $ | 9.30 | | | | | $ | 9.94 | | | | | $ | 10.19 | | | | | $ | 9.99 | | | | | $ | 9.98 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.61 | | | | | | 0.46 | | | | | | 0.34 | | | | | | 0.42 | | | | | | 0.41 | | |
Net realized and unrealized gain |
| | | | 0.20 | | | | | | (0.66) | | | | | | (0.17) | | | | | | 0.19 | | | | | | 0.01 | | |
Total Income from Operations |
| | | | 0.81 | | | | | | (0.20) | | | | | | 0.17 | | | | | | 0.61 | | | | | | 0.42 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income |
| | | | (0.60) | | | | | | (0.44) | | | | | | (0.42) | | | | | | (0.41) | | | | | | (0.41) | | |
Total Distributions |
| | | | (0.60) | | | | | | (0.44) | | | | | | (0.42) | | | | | | (0.41) | | | | | | (0.41) | | |
Net Asset Value, End
of Period |
| | | $ | 9.51 | | | | | $ | 9.30 | | | | | $ | 9.94 | | | | | $ | 10.19 | | | | | $ | 9.99 | | |
Total Return(2)
|
| | | | 9.06% | | | | | | (1.91)% | | | | | | 1.67% | | | | | | 6.43% | | | | | | 4.26% | | |
Net Assets, End of
Period (millions) |
| | | $ | 70 | | | | | $ | 57 | | | | | $ | 66 | | | | | $ | 40 | | | | | $ | 34 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses(3)
|
| | | | 1.00% | | | | | | 0.99% | | | | | | 1.04% | | | | | | 0.98% | | | | | | 0.96% | | |
Net expenses(3)(4)
|
| | | | 0.87% | | | | | | 0.88% | | | | | | 0.93% | | | | | | 0.87% | | | | | | 0.85% | | |
Net investment income(4)
|
| | | | 6.58% | | | | | | 4.83% | | | | | | 3.30% | | | | | | 4.31% | | | | | | 4.06% | | |
Portfolio Turnover
Rate(5)
|
| | | | 83% | | | | | | 58% | | | | | | 90% | | | | | | 164% | | | | | | 84% | | |
| | |
Class I
|
| |||||||||||||||||||||||||||
| | |
2024 |
| |
2023 |
| |
2022 |
| |
2021 |
| |
2020 |
| |||||||||||||||
Net asset value,
Beginning of Period |
| | | $ | 9.54 | | | | | $ | 10.07 | | | | | $ | 10.38 | | | | | $ | 10.61 | | | | | $ | 10.11 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.25 | | | | | | 0.16 | | | | | | 0.10 | | | | | | 0.13 | | | | | | 0.16 | | |
Net realized and unrealized gain |
| | | | 0.16 | | | | | | (0.50) | | | | | | (0.26) | | | | | | (0.13) | | | | | | 0.58 | | |
Total Income from Operations |
| | | | 0.41 | | | | | | (0.34) | | | | | | (0.16) | | | | | | — | | | | | | 0.74 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income |
| | | | (0.27) | | | | | | (0.19) | | | | | | (0.13) | | | | | | (0.16) | | | | | | (0.20) | | |
Net realized gain |
| | | | — | | | | | | — | | | | | | (0.02) | | | | | | (0.07) | | | | | | (0.04) | | |
Total Distributions |
| | | | (0.27) | | | | | | (0.19) | | | | | | (0.15) | | | | | | (0.23) | | | | | | (0.24) | | |
Net Asset Value, End
of Period |
| | | $ | 9.68 | | | | | $ | 9.54 | | | | | $ | 10.07 | | | | | $ | 10.38 | | | | | $ | 10.61 | | |
Total Return(2)
|
| | | | 4.42% | | | | | | (3.37)% | | | | | | (1.53)% | | | | | | 0.00% | | | | | | 7.38% | | |
Net Assets, End of
Period (millions) |
| | | $ | 812 | | | | | $ | 819 | | | | | $ | 887 | | | | | $ | 884 | | | | | $ | 878 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses |
| | | | 0.94% | | | | | | 0.94% | | | | | | 0.93% | | | | | | 0.93% | | | | | | 0.95% | | |
Net expenses(3)
|
| | | | 0.78% | | | | | | 0.78% | | | | | | 0.76% | | | | | | 0.77% | | | | | | 0.80% | | |
Net investment income(3)
|
| | | | 2.59% | | | | | | 1.62% | | | | | | 0.97% | | | | | | 1.26% | | | | | | 1.56% | | |
Portfolio Turnover
Rate(4)
|
| | | | 58% | | | | | | 48% | | | | | | 41% | | | | | | 38% | | | | | | 38% | | |
| | |
Class Z
|
| |||||||||||||||||||||||||||
| | |
2024 |
| |
2023 |
| |
2022 |
| |
2021 |
| |
2020 |
| |||||||||||||||
Net asset value,
Beginning of Period |
| | | $ | 9.57 | | | | | $ | 10.10 | | | | | $ | 10.40 | | | | | $ | 10.64 | | | | | $ | 10.14 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.26 | | | | | | 0.17 | | | | | | 0.12 | | | | | | 0.15 | | | | | | 0.18 | | |
Net realized and unrealized gain |
| | | | 0.17 | | | | | | (0.50) | | | | | | (0.25) | | | | | | (0.14) | | | | | | 0.57 | | |
Total Income from Operations |
| | | | 0.43 | | | | | | (0.33) | | | | | | (0.13) | | | | | | 0.01 | | | | | | 0.75 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income |
| | | | (0.29) | | | | | | (0.20) | | | | | | (0.15) | | | | | | (0.18) | | | | | | (0.21) | | |
Net realized gain |
| | | | — | | | | | | — | | | | | | (0.02) | | | | | | (0.07) | | | | | | (0.04) | | |
Total Distributions |
| | | | (0.29) | | | | | | (0.20) | | | | | | (0.17) | | | | | | (0.25) | | | | | | (0.25) | | |
Net Asset Value, End
of Period |
| | | $ | 9.71 | | | | | $ | 9.57 | | | | | $ | 10.10 | | | | | $ | 10.40 | | | | | $ | 10.64 | | |
Total Return(2)
|
| | | | 4.56% | | | | | | (3.21)% | | | | | | (1.29)% | | | | | | 0.05% | | | | | | 7.51% | | |
Net Assets, End of
Period (millions) |
| | | $ | 49 | | | | | $ | 44 | | | | | $ | 45 | | | | | $ | 26 | | | | | $ | 19 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses |
| | | | 0.79% | | | | | | 0.79% | | | | | | 0.78% | | | | | | 0.78% | | | | | | 0.80% | | |
Net expenses(3)
|
| | | | 0.63% | | | | | | 0.63% | | | | | | 0.61% | | | | | | 0.62% | | | | | | 0.65% | | |
Net investment income(3)
|
| | | | 2.74% | | | | | | 1.77% | | | | | | 1.14% | | | | | | 1.40% | | | | | | 1.71% | | |
Portfolio Turnover
Rate(4)
|
| | | | 58% | | | | | | 48% | | | | | | 41% | | | | | | 38% | | | | | | 38% | | |
| | |
Class I
|
| |||||||||||||||||||||||||||
| | |
2024 |
| |
2023 |
| |
2022 |
| |
2021 |
| |
2020 |
| |||||||||||||||
Net asset value,
Beginning of Period |
| | | $ | 10.10 | | | | | $ | 10.22 | | | | | $ | 10.57 | | | | | $ | 9.67 | | | | | $ | 9.76 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.53 | | | | | | 0.31 | | | | | | 0.10 | | | | | | 0.14 | | | | | | 0.37 | | |
Net realized and unrealized gain |
| | | | 0.50 | | | | | | (0.13) | | | | | | 0.03 | | | | | | 0.91 | | | | | | (0.02) | | |
Total Income from Operations |
| | | | 1.03 | | | | | | 0.18 | | | | | | 0.13 | | | | | | 1.05 | | | | | | 0.35 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income |
| | | | (0.68) | | | | | | (0.27) | | | | | | (0.22) | | | | | | (0.15) | | | | | | (0.41) | | |
Net realized gain |
| | | | — | | | | | | (0.03) | | | | | | (0.26) | | | | | | — | | | | | | (0.03) | | |
Total Distributions |
| | | | (0.68) | | | | | | (0.30) | | | | | | (0.48) | | | | | | (0.15) | | | | | | (0.44) | | |
Net Asset Value, End
of Period |
| | | $ | 10.45 | | | | | $ | 10.10 | | | | | $ | 10.22 | | | | | $ | 10.57 | | | | | $ | 9.67 | | |
Total Return(2)
|
| | | | 10.51% | | | | | | 1.87% | | | | | | 1.25% | | | | | | 11.09% | | | | | | 3.76% | | |
Net Assets, End of
Period (millions) |
| | | $ | 739 | | | | | $ | 851 | | | | | $ | 1,165 | | | | | $ | 1,102 | | | | | $ | 888 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses(3)
|
| | | | 1.67% | | | | | | 1.75% | | | | | | 1.75% | | | | | | 1.79% | | | | | | 1.73% | | |
Net expenses(3)(4)
|
| | | | 1.23% | | | | | | 1.30% | | | | | | 1.31% | | | | | | 1.40% | | | | | | 1.34% | | |
Net investment income(4)
|
| | | | 5.20% | | | | | | 3.13% | | | | | | 0.93% | | | | | | 1.40% | | | | | | 3.86% | | |
Portfolio Turnover
Rate(5)
|
| | | | 79% | | | | | | 70% | | | | | | 90% | | | | | | 150% | | | | | | 119% | | |
| | |
Class Z
|
| |||||||||||||||||||||||||||
| | |
2024 |
| |
2023 |
| |
2022 |
| |
2021 |
| |
2020 |
| |||||||||||||||
Net asset value,
Beginning of Period |
| | | $ | 9.85 | | | | | $ | 9.96 | | | | | $ | 10.32 | | | | | $ | 9.44 | | | | | $ | 9.54 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.54 | | | | | | 0.32 | | | | | | 0.11 | | | | | | 0.14 | | | | | | 0.35 | | |
Net realized and unrealized gain |
| | | | 0.47 | | | | | | (0.12) | | | | | | 0.03 | | | | | | 0.91 | | | | | | — | | |
Total Income from Operations |
| | | | 1.01 | | | | | | 0.20 | | | | | | 0.14 | | | | | | 1.05 | | | | | | 0.35 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income |
| | | | (0.70) | | | | | | (0.28) | | | | | | (0.24) | | | | | | (0.17) | | | | | | (0.42) | | |
Net realized gain |
| | | | — | | | | | | (0.03) | | | | | | (0.26) | | | | | | — | | | | | | (0.03) | | |
Total Distributions |
| | | | (0.70) | | | | | | (0.31) | | | | | | (0.50) | | | | | | (0.17) | | | | | | (0.45) | | |
Net Asset Value, End
of Period |
| | | $ | 10.16 | | | | | $ | 9.85 | | | | | $ | 9.96 | | | | | $ | 10.32 | | | | | $ | 9.44 | | |
Total Return(2)
|
| | | | 10.50% | | | | | | 2.16% | | | | | | 1.31% | | | | | | 11.29% | | | | | | 3.87% | | |
Net Assets, End of
Period (millions) |
| | | $ | 67 | | | | | $ | 72 | | | | | $ | 108 | | | | | $ | 60 | | | | | $ | 41 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses(3)
|
| | | | 1.52% | | | | | | 1.60% | | | | | | 1.60% | | | | | | 1.64% | | | | | | 1.59% | | |
Net expenses(3)(4)
|
| | | | 1.08% | | | | | | 1.15% | | | | | | 1.16% | | | | | | 1.25% | | | | | | 1.20% | | |
Net investment income(4)
|
| | | | 5.36% | | | | | | 3.24% | | | | | | 1.10% | | | | | | 1.52% | | | | | | 3.75% | | |
Portfolio Turnover
Rate(5)
|
| | | | 79% | | | | | | 70% | | | | | | 90% | | | | | | 150% | | | | | | 119% | | |
| | |
Class I
|
| |||||||||||||||
| | |
2024 |
| |
2023 |
| |
2022(1)
|
| |||||||||
Net asset value,
Beginning of Period |
| | | $ | 8.70 | | | | | $ | 9.56 | | | | | $ | 10.00 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | |
Net investment income(2)
|
| | | | 0.04 | | | | | | 0.03 | | | | | | 0.01 | | |
Net realized and unrealized gain |
| | | | 1.78 | | | | | | (0.85) | | | | | | (0.44) | | |
Total Income from Operations |
| | | | 1.82 | | | | | | (0.82) | | | | | | (0.43) | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | |
Net investment income |
| | | | (0.04) | | | | | | (0.02) | | | | | | (0.01) | | |
Net realized gain |
| | | | — | | | | | | (0.02) | | | | | | — | | |
Total Distributions |
| | | | (0.04) | | | | | | (0.04) | | | | | | (0.01) | | |
Net Asset Value, End
of Period |
| | | $ | 10.48 | | | | | $ | 8.70 | | | | | $ | 9.56 | | |
Total Return(3)
|
| | | | 20.91% | | | | | | (8.56)% | | | | | | (4.33)%(4) | | |
Net Assets, End of
Period (millions) |
| | | $ | 98 | | | | | $ | 99 | | | | | $ | 123 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | |
Gross expenses |
| | | | 1.31% | | | | | | 1.40% | | | | | | 1.40%(5) | | |
Net expenses(6)
|
| | | | 1.19% | | | | | | 1.29% | | | | | | 1.27%(5) | | |
Net investment income(6)
|
| | | | 0.47% | | | | | | 0.33% | | | | | | 0.27%(5) | | |
Portfolio Turnover
Rate(7)
|
| | | | 5% | | | | | | 5% | | | | | | 2%(4) | | |
| | |
Class Z
|
| |||||||||||||||
| | |
2024 |
| |
2023 |
| |
2022(1)
|
| |||||||||
Net asset value,
Beginning of Period |
| | | $ | 8.60 | | | | | $ | 9.44 | | | | | $ | 10.00 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | |
Net investment income(2)
|
| | | | 0.06 | | | | | | 0.04 | | | | | | 0.01 | | |
Net realized and unrealized gain |
| | | | 1.74 | | | | | | (0.83) | | | | | | (0.56) | | |
Total Income from Operations |
| | | | 1.80 | | | | | | (0.79) | | | | | | (0.55) | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | |
Net investment income |
| | | | (0.05) | | | | | | (0.03) | | | | | | (0.01) | | |
Net realized gain |
| | | | — | | | | | | (0.02) | | | | | | — | | |
Total Distributions |
| | | | (0.05) | | | | | | (0.05) | | | | | | (0.01) | | |
Net Asset Value, End
of Period |
| | | $ | 10.35 | | | | | $ | 8.60 | | | | | $ | 9.44 | | |
Total Return(3)
|
| | | | 20.95% | | | | | | (8.33)% | | | | | $ | (5.51)%(4) | | |
Net Assets, End of
Period (millions) |
| | | $ | 2 | | | | | $ | 2 | | | | | $ | 2 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | |
Gross expenses |
| | | | 1.15% | | | | | | 1.25% | | | | | | 1.22%(5) | | |
Net expenses(6)
|
| | | | 1.04% | | | | | | 1.14% | | | | | | 1.04%(5) | | |
Net investment income(6)
|
| | | | 0.63% | | | | | | 0.48% | | | | | | 0.30%(5) | | |
Portfolio Turnover
Rate(7)
|
| | | | 5% | | | | | | 5% | | | | | | 2%(4) | | |
| Investment
Adviser Orion Portfolio Solutions, LLC d.b.a. Brinker Capital Investments 17605 Wright Street Omaha, NE 68130 |
| | |
Distributor
Foreside Fund Services, LLC Three Canal Plaza, Suite 100 Portland, ME 04101 |
| | |
Legal Counsel
Morgan, Lewis & Bockius LLP 2222 Market Street Philadelphia, PA 19103 |
|