| |
Investment Products Offered:
|
| |
| |
•
Are not FDIC insured
|
| |
| |
•
May lose value
|
| |
| |
•
Are not bank guaranteed
|
| |
SUMMARY SECTION |
| |
PAGE |
| |||
| | | | 3 | | | |
| | | | 3 | | | |
| | | | 5 | | | |
| | | | 4 | | | |
| | | | 5 | | | |
| | | | 6 | | | |
| | | | 6 | | | |
| | | | 6 | | | |
| | | | 6 | | | |
| | | | 6 | | | |
INVESTMENT OBJECTIVES, PRINCIPAL
STRATEGIES, POLICIES AND RISK |
| | | | | | |
| | | | 7 | | | |
| | | | 7 | | | |
| | | | 8 | | | |
FUND MANAGEMENT | | | | | | | |
| | | | 10 | | | |
| | | | 10 | | | |
| | | | 11 | | | |
INFORMATION ABOUT THE FUND | | | | | | | |
| | | | 11 | | | |
| | | | 12 | | | |
| | | | 15 | | | |
| | | | 17 | | | |
| | | | 17 | | | |
| | | | 18 | | | |
| | | | 18 | | | |
| | | | 18 | | | |
| | | | 19 | | |
| (fees paid directly from your investment) |
| | | | | |||||
| Maximum Sales Charge (Load) Imposed on Purchases | | | | | | | ||||
| Maximum Deferred Sales Charge (Load) | | | | | | | ||||
|
Maximum Sales Charge (Load) Imposed on
Reinvested Dividends and Other Distributions |
| | | | | | ||||
| Redemption Fee (as a % of amount redeemed) on Shares Held Less Than 10 Days | | | | | | | ||||
| (expenses that you pay each year as a percentage of the value of your investment) |
| | | | | | | |||
| Management Fees | | | | | | | ||||
| Distribution and/or Service (12b-1) Fees | | | | | | | ||||
| Other Expenses | | | | | | | ||||
|
Net
taxes* |
| | | | | | ||||
| Total Annual Fund Operating Expenses | | | | | | | ||||
| Fee Waiver(a) | | | | | ( |
| | |||
| Total Annual Fund Operating Expenses After Fee Waiver(b) | | | | | | |
|
1 Year |
| |
3 Years |
| |
5 Years |
| |
10 Years |
|
|
$ |
| |
$ |
| |
$ |
| |
$ |
|
| | |
1 Year |
| |
5 Years |
| |
10 Years |
| |||||||||
Return Before Taxes |
| | | | | | | | | | | | | | | | |||
Comparative Index ( |
| | | | | | | | | | | | | | | | | | |
S&P 500 Index |
| | | | | | | | | | | | | | | |
| | |
Fiscal Years Ending February 28 or
29, |
| |||||||||||||||||||||||||||
| | |
2022 |
| |
2021 |
| |
2020(e)
|
| |
2019(e)
|
| |
2018 |
| |||||||||||||||
Net Asset Value, Beginning of Year
|
| | | $ | 134.92 | | | | | $ | 117.91 | | | | | $ | 110.58 | | | | | $ | 97.69 | | | | | $ | 82.46 | | |
Income
From Operations: |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net
investment income |
| | | | 0.55 | | | | | | 3.16 | | | | | | 3.26 | | | | | | 2.59 | | | | | | 2.61 | | |
Net gain (loss) from securities (both realized and unrealized) |
| | | | 6.49 | | | | | | 13.85 | | | | | | 4.07 | | | | | | 10.30 | | | | | | 12.62 | | |
Total
from operations |
| | | | 7.04 | | | | | | 17.01 | | | | | | 7.33 | | | | | | 12.89 | | | | | | 15.23 | | |
Net Asset Value, End of Year
|
| | | $ | 141.96 | | | | | $ | 134.92 | | | | | $ | 117.91 | | | | | $ | 110.58 | | | | | $ | 97.69 | | |
Total Return(b)
|
| | | | 5.22% | | | | | | 14.43% | | | | | | 6.63% | | | | | | 13.19% | | | | | | 18.47% | | |
Ratios/Supplemental Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net
assets, end of year (in 000’s) |
| | | $ | 91,613 | | | | | $ | 95,042 | | | | | $ | 94,121 | | | | | $ | 96,882 | | | | | $ | 92,977 | | |
Ratio of total expenses, including net
regular and deferred taxes, to average net assets * |
| | | | 2.43% | | | | | | 3.50% | | | | | | 1.81%(c) | | | | | | 3.43% | | | | | | (12.89)%(d) | | |
Ratio of net investment and operating
income (loss), including regular and deferred taxes, to average net assets
|
| | | | (0.98)% | | | | | | 5.36% | | | | | | 2.02%(c) | | | | | | 0.78% | | | | | | 17.43% | | |
Portfolio turnover rate |
| | | | 111.25% | | | | | | 119.33% | | | | | | 24.64% | | | | | | 0.00% | | | | | | 0.97% | | |
Number of shares outstanding at end of year
(in thousands) |
| | | | 645 | | | | | | 704 | | | | | | 798 | | | | | | 876 | | | | | | 952 | | |
|
Ratio of total expenses, including net
regular and deferred taxes, to average net assets* |
| | | | 2.36% | | | | | | 3.48% | | | | | | 1.81%(c) | | | | | | 3.43% | | | | | | (12.96)%(d) | | |
|
Ratio of net investment and operating
income (loss) to average net assets |
| | | | (0.92)% | | | | | | 5.38% | | | | | | 2.02%(c) | | | | | | 0.78% | | | | | | 17.50% | | |
|
Ratio of total expenses including regular
to average net assets: |
| | | | 1.63% | | |
|
Ratio of net investment and operating
income to average net assets: |
| | | | 2.91% | | |
| With waiver included: | | | | | | | |
|
Ratio of total expenses including regular
to average net assets: |
| | | | 1.55% | | |
|
Ratio of net investment and operating
income to average net assets: |
| | | | 2.98% | | |
1. INDIVIDUAL |
|
| First Name |
| | Middle Initial |
| | Last Name |
| | Social Security Number | | | Date of Birth |
|
Joint Owner |
|
| First Name |
| | Middle Initial |
| | Last Name |
|
|
Legal
Name |
| |
Tax
Identification Number |
|
|
Name of
Authorized Officer Partner, Trustee, etc. |
| |
Title
|
|
|
Name of
Authorized Officer Partner, Trustee, etc. |
| |
Title
|
|
|
Name of
Authorized Officer Partner, Trustee, etc. |
| |
Title
|
|
|
Name of
Authorized Officer Partner, Trustee, etc. |
| |
Title |
|
| | |
Custodian for |
| | | | |||||||||||||
| First Name |
| | Middle Name |
| | Last Name |
| | | | | First Name |
| | Middle Name |
| | Last Name |
|
|
under the |
| | | |
Uniform Transfer to Minors Act.
|
| | | ||
| | | | Donor’s State of Residence |
| | | | | Minor’s Social Security Number |
|
|
Street
address |
| | Home: ( ) | | |
|
|
|
City,
State and Zip Code |
| | Office: ( ) | | |
|
|
|
Signature |
| |
Title
|
|
|
Signature |
| |
Title
|
|
|
Date:
|
| | |
SYSTEMATIC WITHDRAWAL AMOUNT $ |
|
MONTH TO BEGIN |
|
| (Circle One) | | |
Monthly |
| |
Quarterly |
| |
Semi-Annually |
| |
Annually |
|
| Sign Here: | | |
Signature of Individual Shareholder, Corporate Officer, Trustee, Custodian |
| |
Signature of Joint Tenant |
|
|
Title of
Corporate Officer or Capacity of Fiduciary |
| |
Medallion Signature Guaranteed |
| |
Authorized Signature |
|