|As of June 30, 2012 |
|(NAV) ||1 Year ||5 Years ||10 Years |
|Before Tax ||-7.34% ||1.35% ||7.48% |
|After Tax on Distribution* ||-7.34% ||0.98% ||7.04% |
|After Tax on Distribution and Sale of Fund Shares* ||-6.24% ||1.04% ||6.45% |
|(With Load) ||1 Year ||5 Years ||10 Years |
|Before Tax ||-12.21% ||0.26% ||6.90% |
|After Tax on Distribution* ||-12.21% ||-0.10% ||6.47% |
|After Tax on Distribution and Sale of Fund Shares* ||-10.38% ||0.12% ||5.93% |
**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 upon an investor's tax situation and may differ from those shown. After-tax returns presented here are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or IRAs.
Performance has been calculated on a total return basis, which combines principal and dividend income changes for the periods shown. Principal changes are based on the difference between the beginning and closing net asset values for the period and assume reinvestment of all dividends and distributions paid. The maximum sales charge of 5.25% and all applicable expenses such as advisory fees have been included in calculating the after tax (with load) performance. Total return calculations are based on a $10,000 investment. This data represents past performance and investors should understand that investment returns and principal values fluctuate, so that when you redeem your investment it may be worth more or less than its original cost. The Prospectus details the Fund"s objective and policies, sales charges, and other matters of interest to the prospective investor. Please read this Prospectus carefully before investing.