| |
1 | |
8 | |
13 | |
17 | |
22 | |
27 | |
32 | |
38 | |
44 | |
49 | |
54 | |
58 | |
63 | |
68 | |
73 | |
78 | |
83 | |
88 | |
92 | |
97 | |
102 | |
107 | |
112 | |
116 | |
121 | |
126 | |
131 | |
136 | |
136 |
159 | |
175 | |
175 | |
176 | |
176 | |
176 | |
176 | |
176 | |
177 | |
177 | |
177 | |
181 | |
189 | |
189 | |
192 | |
193 | |
196 | |
197 | |
199 | |
199 | |
201 | |
202 | |
203 | |
205 | |
206 | |
207 | |
208 | |
262 | |
Back
cover |
| |
|
Class
R6 |
Management
Fees |
|
Distribution
(Rule 12b-1) Fees |
|
Other
Expenses |
|
Service
Fees |
|
Remainder
of Other Expenses |
|
Acquired
Fund Fees and Expenses |
|
Total
Annual Fund Operating Expenses |
|
Fee
Waivers and/or Expense Reimbursements
1 |
- |
Total
Annual Fund Operating Expenses after Fee
Waivers
and/or Expense Reimbursements
1 |
|
| ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
R6 SHARES ($) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
|
Past
1
Year |
Past
5
Years |
Past
10
Years |
CLASS
R6 SHARES |
|
|
|
Return
Before Taxes |
% |
% |
% |
Return
After Taxes on Distributions |
|
|
|
Return
After Taxes on Distributions and
Sale
of Fund Shares |
|
|
|
60%
MSCI WORLD INDEX (net
total
return)
/ 40% BLOOMBERG U.S.
AGGREGATE
INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes, Except Foreign With-
holding
taxes on MSCI World Index) |
|
|
|
MSCI
WORLD INDEX
(Net
Total Return) (Reflects No Deduc-
tion
for Fees, Expenses, or Taxes, Except
Foreign
Withholding Taxes) |
|
|
|
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
Gary
Herbert |
2020 |
Managing
Director |
Morgan
M. Moriarty |
2019 |
Executive
Director |
Charles
Fishman |
2024 |
Executive
Director |
For
Class R6 Shares |
|
To
establish an account |
$5,000,000
for Discretionary Accounts
$5,000,000
for Institutional Investors
$15,000,000
for Other Investors |
To
add to an account |
No
minimum levels |
ANNUAL
FUND OPERATING EXPENSES
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |||||
|
Class
R2 |
Class
R3 |
Class
R4 |
Class
R5 |
Class
R6 |
Management
Fees |
0.40% |
0.40% |
0.40% |
0.40% |
0.40% |
Distribution
(Rule
12b-1) Fees |
0.50 |
0.25 |
NONE |
NONE |
NONE |
Other
Expenses |
0.31 |
0.30 |
0.30 |
0.15 |
0.05 |
Service
Fees |
0.25 |
0.25 |
0.25 |
0.10 |
NONE |
Remainder
of
Other
Expenses |
0.06 |
0.05 |
0.05 |
0.05 |
0.05 |
Total
Annual Fund
Operating
Expenses |
1.21 |
0.95 |
0.70 |
0.55 |
0.45 |
WHETHER
OR NOT YOU SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
R2 SHARES ($) |
123 |
384 |
665 |
1,466 |
CLASS
R3 SHARES ($) |
97 |
303 |
525 |
1,166 |
CLASS
R4 SHARES ($) |
72 |
224 |
390 |
871 |
CLASS
R5 SHARES ($) |
56 |
176 |
307 |
689 |
CLASS
R6 SHARES ($) |
46 |
144 |
252 |
567 |
YEAR-BY-YEAR
RETURNS — CLASS R5 SHARES |
Best
Quarter |
2nd
quarter, 2020 |
13.23% |
Worst
Quarter |
1st
quarter, 2020 |
-24.07% |
The
Fund’s year-to-date total return |
through |
9/30/24 |
was |
14.98% |
. |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2023) | |||
|
Past
1
Year |
Past
5
Years |
Past
10
Years |
CLASS
R5 SHARES |
|
|
|
Return
Before Taxes |
4.93
% |
11.14
% |
9.39
% |
Return
After Taxes on Distributions |
4.18 |
10.32 |
8.54 |
Return
After Taxes on Distributions and
Sale
of Fund Shares |
3.41 |
8.78 |
7.50 |
CLASS
R2 SHARES |
|
|
|
Return
Before Taxes |
4.24 |
10.42 |
8.66 |
CLASS
R3 SHARES |
|
|
|
Return
Before Taxes |
4.48 |
10.70 |
8.93 |
CLASS
R4 SHARES |
|
|
|
Return
Before Taxes |
4.74 |
10.97 |
9.20 |
CLASS
R6 SHARES |
|
|
|
Return
Before Taxes |
5.04 |
11.25 |
9.49 |
RUSSELL
1000 INDEX1
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
26.53 |
15.52 |
11.81 |
RUSSELL
1000 VALUE INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
11.46 |
10.91 |
8.40 |
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
David
Silberman |
2019 |
Managing
Director |
Andrew
Brandon |
2019 |
Managing
Director |
For
Class R6 Shares |
|
To
establish an account |
$5,000,000
for Discretionary Accounts
$5,000,000
for Institutional Investors
$15,000,000
for Other Investors |
To
add to an account |
No
minimum levels |
ANNUAL
FUND OPERATING EXPENSES
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |
|
Class
R6 |
Management
Fees |
0.040% |
Distribution
(Rule 12b-1) Fees |
NONE |
Other
Expenses |
0.080 |
Service
Fees |
NONE |
Remainder
of Other Expenses |
0.080 |
Total
Annual Fund Operating Expenses |
0.120 |
Fee
Waivers and/or Expense Reimbursements
1 |
-0.075 |
Total
Annual Fund Operating Expenses after Fee
Waivers
and/or Expense Reimbursements
1 |
0.045 |
WHETHER
OR NOT YOU SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
R6 SHARES ($) |
5 |
31 |
60 |
146 |
YEAR-BY-YEAR
RETURNS — CLASS R6 SHARES |
Best
Quarter |
2nd
quarter, 2020 |
20.55% |
Worst
Quarter |
1st
quarter, 2020 |
-19.58% |
The
Fund’s year-to-date total return |
through |
9/30/24 |
was |
22.05% |
. |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2023) | |||
|
Past
1
Year |
Past
5
Years |
Past
10
Years |
CLASS
R6 SHARES |
|
|
|
Return
Before Taxes |
26.23
% |
15.64
% |
11.93
% |
Return
After Taxes on Distributions |
25.74 |
15.04 |
10.52 |
Return
After Taxes on Distributions and
Sale
of Fund Shares |
15.80 |
12.49 |
9.30 |
S&P
500 INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
26.29 |
15.69 |
12.03 |
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
Michael
Loeffler |
2004 |
Executive
Director |
Nicholas
W. D’Eramo |
2014 |
Executive
Director |
Alex
Hamilton |
2019 |
Executive
Director |
For
Class R6 Shares |
|
To
establish an account |
$5,000,000
for Discretionary Accounts
$5,000,000
for Institutional Investors
$15,000,000
for Other Investors |
To
add to an account |
No
minimum levels |
ANNUAL
FUND OPERATING EXPENSES
(Expenses
that you pay each year as a percentage of the value
of
your investment) | ||
|
Class
R5 |
Class
R6 |
Management
Fees |
0.25% |
0.25% |
Distribution
(Rule 12b-1) Fees |
NONE |
NONE |
Other
Expenses |
0.29 |
0.10 |
Service
Fees |
0.10 |
NONE |
Remainder
of Other Expenses |
0.19 |
0.10 |
Total
Annual Fund Operating Expenses |
0.54 |
0.35 |
Fee
Waivers and/or Expense
Reimbursements
1 |
-0.09 |
NONE |
Total
Annual Fund Operating Expenses
after
Fee Waivers and/or Expense
Reimbursements
1 |
0.45 |
0.35 |
WHETHER
OR NOT YOU SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
R5 SHARES ($) |
46 |
164 |
293 |
668 |
CLASS
R6 SHARES ($) |
36 |
113 |
197 |
443 |
YEAR-BY-YEAR
RETURNS — CLASS R6 SHARES |
Best
Quarter |
4th
quarter, 2022 |
11.01% |
Worst
Quarter |
1st
quarter, 2020 |
-17.47% |
The
Fund’s year-to-date total return |
through |
9/30/24 |
was |
13.38% |
. |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2023) | |||
|
Past |
Past |
Life
of Fund
since |
|
1
Year |
5
Years |
08/31/2018 |
CLASS
R6 SHARES |
|
|
|
Return
Before Taxes |
9.87
% |
10.65
% |
8.49
% |
Return
After Taxes on Distributions |
6.30 |
6.55 |
4.50 |
Return
After Taxes on Distributions
and
Sale of Fund Shares |
6.00 |
6.55 |
4.84 |
CLASS
R5 SHARES |
|
|
|
Return
Before Taxes |
9.76 |
10.54 |
8.38 |
S&P
500 INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
26.29 |
15.69 |
11.68 |
ICE
BOFA 3-MONTH US TREASURY
BILL
INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
5.05 |
1.89 |
1.91 |
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
Hamilton
Reiner |
2018 |
Managing
Director |
Raffaele
Zingone |
2018 |
Managing
Director |
Matthew
Bensen |
2024 |
Vice
President |
Judy
Jansen |
2024 |
Vice
President |
For
Class R6 Shares |
|
To
establish an account |
$5,000,000
for Discretionary Accounts
$5,000,000
for Institutional Investors
$15,000,000
for Other Investors |
To
add to an account |
No
minimum levels |
ANNUAL
FUND OPERATING EXPENSES
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |||||
|
Class
R2 |
Class
R3 |
Class
R4 |
Class
R5 |
Class
R6 |
Management
Fees |
0.50% |
0.50% |
0.50% |
0.50% |
0.50% |
Distribution
(Rule
12b-1) Fees |
0.50 |
0.25 |
NONE |
NONE |
NONE |
Other
Expenses |
0.37 |
0.34 |
0.33 |
0.18 |
0.08 |
Service
Fees |
0.25 |
0.25 |
0.25 |
0.10 |
NONE |
Remainder
of
Other
Expenses |
0.12 |
0.09 |
0.08 |
0.08 |
0.08 |
Total
Annual Fund
Operating
Expenses |
1.37 |
1.09 |
0.83 |
0.68 |
0.58 |
Fee
Waivers and/or
Expense
Reimburse-
ments
1 |
-0.12 |
-0.09 |
-0.08 |
-0.08 |
-0.08 |
Total
Annual Fund
Operating
Expenses
after
Fee Waivers
and/or
Expense
Reimbursements
1 |
1.25 |
1.00 |
0.75 |
0.60 |
0.50 |
WHETHER
OR NOT YOU SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
R2 SHARES ($) |
127 |
422 |
739 |
1,636 |
CLASS
R3 SHARES ($) |
102 |
338 |
592 |
1,321 |
CLASS
R4 SHARES ($) |
77 |
257 |
453 |
1,018 |
CLASS
R5 SHARES ($) |
61 |
210 |
371 |
839 |
CLASS
R6 SHARES ($) |
51 |
178 |
316 |
718 |
YEAR-BY-YEAR
RETURNS — CLASS R5 SHARES |
Best
Quarter |
2nd
quarter, 2020 |
32.86% |
Worst
Quarter |
2nd
quarter, 2022 |
-22.01% |
The
Fund’s year-to-date total return |
through |
9/30/24 |
was |
24.41% |
. |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2023) | |||
|
Past
1
Year |
Past
5
Years |
Past
10
Years |
CLASS
R5 SHARES |
|
|
|
Return
Before Taxes |
40.35
% |
20.33
% |
15.18
% |
Return
After Taxes on Distributions |
40.15 |
18.40 |
13.71 |
Return
After Taxes on Distributions and
Sale
of Fund Shares |
24.02 |
16.24 |
12.39 |
CLASS
R2 SHARES |
|
|
|
Return
Before Taxes |
39.38 |
19.55 |
14.44 |
CLASS
R3 SHARES |
|
|
|
Return
Before Taxes |
39.78 |
19.85 |
14.73 |
CLASS
R4 SHARES |
|
|
|
Return
Before Taxes |
40.14 |
20.16 |
15.01 |
CLASS
R6 SHARES |
|
|
|
Return
Before Taxes |
40.47 |
20.46 |
15.30 |
RUSSELL
3000 INDEX1
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
25.96 |
15.16 |
11.48 |
RUSSELL
3000 GROWTH INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
41.21 |
18.85 |
14.33 |
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
Felise
Agranoff |
2020 |
Managing
Director |
Larry
H. Lee |
2022 |
Managing
Director |
For
Class R6 Shares |
|
To
establish an account |
$5,000,000
for Discretionary Accounts
$5,000,000
for Institutional Investors
$15,000,000
for Other Investors |
To
add to an account |
No
minimum levels |
| ||
|
Class
R5 |
Class
R6 |
Management
Fees |
|
|
Distribution
(Rule 12b-1) Fees |
|
|
Other
Expenses |
|
|
Service
Fees |
|
|
Remainder
of Other Expenses |
|
|
Total
Annual Fund Operating Expenses |
|
|
| ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
R5 SHARES ($) |
|
|
|
|
CLASS
R6 SHARES ($) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
|
Past
1
Year |
Past
5
Years |
Past
10
Years |
CLASS
R5 SHARES |
|
|
|
Return
Before Taxes |
% |
% |
% |
Return
After Taxes on Distributions |
|
|
|
Return
After Taxes on Distributions and
Sale
of Fund Shares |
|
|
|
CLASS
R6 SHARES |
|
|
|
Return
Before Taxes |
|
|
|
S&P
500 INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
|
|
|
ICE
BOFA 3-MONTH US TREASURY BILL
INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
|
|
|
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
Hamilton
Reiner |
2013 |
Managing
Director |
Raffaele
Zingone |
2013 |
Managing
Director |
Matthew
Bensen |
2024 |
Vice
President |
Judy
Jansen |
2024 |
Vice
President |
For
Class R6 Shares |
|
To
establish an account |
$5,000,000
for Discretionary Accounts
$5,000,000
for Institutional Investors
$15,000,000
for Other Investors |
To
add to an account |
No
minimum levels |
ANNUAL
FUND OPERATING EXPENSES
(Expenses
that you pay each year as a percentage of the value
of
your investment) | ||
|
Class
R5 |
Class
R6 |
Management
Fees |
0.25% |
0.25% |
Distribution
(Rule 12b-1) Fees |
NONE |
NONE |
Other
Expenses |
0.24 |
0.09 |
Service
Fees |
0.10 |
NONE |
Remainder
of Other Expenses |
0.14 |
0.09 |
Total
Annual Fund Operating Expenses |
0.49 |
0.34 |
Fee
Waivers and/or Expense
Reimbursements
1 |
-0.04 |
NONE |
Total
Annual Fund Operating Expenses
after
Fee Waivers and/or Expense
Reimbursements
1 |
0.45 |
0.34 |
WHETHER
OR NOT YOU SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
R5 SHARES ($) |
46 |
153 |
270 |
612 |
CLASS
R6 SHARES ($) |
35 |
109 |
191 |
431 |
YEAR-BY-YEAR
RETURNS — CLASS R5 SHARES |
Best
Quarter |
1st
quarter, 2023 |
7.42% |
Worst
Quarter |
2nd
quarter, 2022 |
-9.84% |
The
Fund’s year-to-date total return |
through |
9/30/24 |
was |
16.07% |
. |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2023) | ||
|
Past |
Life
of Fund
since |
|
1
Year |
02/26/2021 |
CLASS
R5 SHARES |
|
|
Return
Before Taxes |
15.42
% |
4.97
% |
Return
After Taxes on Distributions |
15.10 |
4.19 |
Return
After Taxes on Distributions and Sale
of
Fund Shares |
9.34 |
3.71 |
CLASS
R6 SHARES |
|
|
Return
Before Taxes |
15.53 |
5.07 |
S&P
500 INDEX
(Reflects
No Deduction for Fees, Expenses, or
Taxes) |
26.29 |
9.96 |
ICE
BOFA 3-MONTH US TREASURY BILL
INDEX
(Reflects
No Deduction for Fees, Expenses, or
Taxes) |
5.05 |
2.29 |
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
Hamilton
Reiner |
2021 |
Managing
Director |
Raffaele
Zingone |
2021 |
Managing
Director |
Matthew
Bensen |
2024 |
Vice
President |
Judy
Jansen |
2024 |
Vice
President |
For
Class R6 Shares |
|
To
establish an account |
$5,000,000
for Discretionary Accounts
$5,000,000
for Institutional Investors
$15,000,000
for Other Investors |
To
add to an account |
No
minimum levels |
ANNUAL
FUND OPERATING EXPENSES
(Expenses
that you pay each year as a percentage of the value
of
your investment) | ||
|
Class
R5 |
Class
R6 |
Management
Fees |
0.25% |
0.25% |
Distribution
(Rule 12b-1) Fees |
NONE |
NONE |
Other
Expenses |
1.34 |
0.09 |
Service
Fees |
0.10 |
NONE |
Remainder
of Other Expenses |
1.24 |
0.09 |
Total
Annual Fund Operating Expenses |
1.59 |
0.34 |
Fee
Waivers and/or Expense
Reimbursements
1 |
-1.14 |
NONE |
Total
Annual Fund Operating Expenses
after
Fee Waivers and/or Expense
Reimbursements
1 |
0.45 |
0.34 |
WHETHER
OR NOT YOU SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
R5 SHARES ($) |
46 |
390 |
758 |
1,793 |
CLASS
R6 SHARES ($) |
35 |
109 |
191 |
431 |
YEAR-BY-YEAR
RETURNS — CLASS R5 SHARES |
Best
Quarter |
4th
quarter, 2023 |
7.78% |
Worst
Quarter |
2nd
quarter, 2022 |
-10.90% |
The
Fund’s year-to-date total return |
through |
9/30/24 |
was |
15.26% |
. |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2023) | ||
|
Past |
Life
of Fund
since |
|
1
Year |
02/26/2021 |
CLASS
R5 SHARES |
|
|
Return
Before Taxes |
18.77
% |
5.12
% |
Return
After Taxes on Distributions |
18.46 |
4.80 |