Navigate a Rising Interest Rate Environment

Important Legal Information

All investments involve risks, including possible loss of principal. Interest rate movements, unscheduled mortgage prepayments and other risk factors will affect the fund’s share price and yield. Bond prices, and thus a fund’s share price, generally move in the opposite direction of interest rates. Therefore, as the prices of bonds in the fund adjust to a rise in interest rates, the fund’s share price may decline. Changes in the financial strength of a bond issuer or in a bond’s credit rating may affect its value. The fund is actively managed but there is no guarantee that the manager’s investment decisions will produce the desired results. These and other risks are discussed in the fund's prospectus.

1. Source: Bloomberg Barclays Indices via FactSet. Income measured by yield to maturity which is the total return anticipated on a bond if held until the end of its lifetime. From November 4, 2013 to November 30, 2018. Indexes are unmanaged and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges. Cash equivalents represented by the Bloomberg Barclays U.S. Government 1-3 Year TR USD Index. Performance data represents past performance, which does not guarantee future results.

ETFs trade like stocks, fluctuate in market value and may trade at prices above or below their net asset value. Brokerage commissions and ETF expenses will reduce returns.

For more information on any funds, contact your financial advisor or download a prospectus. Investors should carefully consider a fund's investment goals, risks, sales charges and expenses before investing. The prospectus contains this and other information. Please read the prospectus carefully before investing or sending money.