On January 3, 2023, the fair value methodology used to value the senior loan investments held by the fund was changed. Prior to that date, the senior loans were valued using the bid side price provided by a pricing service. After such date, the senior loans were valued using the midpoint between the bid and ask price provided by a pricing service. The change in the fund’s fair value methodology on January 3, 2023, resulted in a one-time increase in the fund’s net asset value of approximately $0.159 per share on that date, which represented a positive impact on the fund’s performance of 0.35%. Without the change to the pricing methodology, the performance of the fund on a NAV basis would have been 7.52%, 8.93%, 4.60%, 3.61%, 3.36%, and 3.28%, in the year-to-date, one-year, three-year, five-year, ten-year and since fund inception periods ended October 31, 2023, respectively, and would have been 7.49%, 10.76%, 4.45%, 3.57%, 3.45%, and 3.31%, in the year-to-date, one-year, three-year, five-year, ten-year and since fund inception periods ended September 29, 2023, respectively.
*Performance data quoted represents past performance. Past performance is not a guarantee of future
results and current performance may be higher or lower than performance quoted. Investment returns
and principal value will fluctuate and shares when sold or redeemed, may be worth more or less than
their original cost.
After Tax Held returns represent return after taxes on distributions. Assumes shares have not been sold.
After Tax Sold returns represent the return after taxes on distributions and the sale of fund shares. Returns
do not represent the returns you would receive if you traded shares at other times. Market Price returns are
determined by using the midpoint of the national best bid offer price ("NBBO") as of the time that the fund's
NAV is calculated. Returns are average annualized total returns, except those for periods of less than one year,
which are cumulative.
After-tax returns are calculated using the historical highest individual federal marginal income tax rates and
do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax
situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold
their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
**Performance information for each listed index is for illustrative purposes only and does not represent actual
fund performance. Indexes do not charge management fees or brokerage expenses, and no such fees or expenses were
deducted from the performance shown. Indexes are unmanaged and an investor cannot invest directly in an index.