Morningstar ratings

Based on risk-adjusted return.

  As of date Overall 3 Year 5 Year 10 Year
Class A (with sales charges) 12/31/2019 3 star 4 star 3 star 3 star
Funds in category 12/31/2019 76 76 68 35
Morningstar Category: Pacific/Asia ex-Japan Stk
  As of date Overall 3 Year 5 Year 10 Year
Class A (with sales charges) 12/31/2019 4 star 4 star 4 star 4 star
Funds in category 12/31/2019 74 74 70 46
Morningstar Category: China Region
  As of date Overall 3 Year 5 Year 10 Year
Class A (with sales charges) 12/31/2019 3 star 3 star 2 star 3 star
Funds in category 12/31/2019 237 237 187 60
Morningstar Category: Multialternative
  As of date Overall 3 Year 5 Year 10 Year
Class A (with sales charges) 12/31/2019 2 star 2 star 3 star 2 star
Funds in category 12/31/2019 379 379 320 182
Morningstar Category: World Allocation
  As of date Overall 3 Year 5 Year 10 Year
Class A (with sales charges) 12/31/2019 3 star 2 star 3 star 3 star
Funds in category 12/31/2019 379 379 320 182
Morningstar Category: World Allocation
  As of date Overall 3 Year 5 Year 10 Year
Class A (with sales charges) 12/31/2019 3 star 3 star 3 star 2 star
Funds in category 12/31/2019 722 722 605 362
Morningstar Category: World Large Stock
  As of date Overall 3 Year 5 Year 10 Year
Class A (with sales charges) 12/31/2019 3 star 3 star 3 star 4 star
Funds in category 12/31/2019 712 712 577 242
Morningstar Category: Diversified Emerging Mkts
  As of date Overall 3 Year 5 Year 10 Year
Class A (with sales charges) 12/31/2019 3 star 3 star 3 star N/A
Funds in category 12/31/2019 239 239 179 N/A
Morningstar Category: Emerging Markets Bond
  As of date Overall 3 Year 5 Year 10 Year
Class A (with sales charges) 12/31/2019 N/A N/A N/A N/A
Funds in category 12/31/2019 N/A N/A N/A N/A
Morningstar Category: Large Growth
  As of date Overall 3 Year 5 Year 10 Year
Class A (with sales charges) 12/31/2019 3 star 2 star 4 star 3 star
Funds in category 12/31/2019 181 181 171 102
Morningstar Category: World Bond
  As of date Overall 3 Year 5 Year 10 Year
Class A (with sales charges) 12/31/2019 2 star 3 star 2 star 2 star
Funds in category 12/31/2019 722 722 605 362
Morningstar Category: World Large Stock
  As of date Overall 3 Year 5 Year 10 Year
Class A (with sales charges) 12/31/2019 1 star 3 star 1 star 1 star
Funds in category 12/31/2019 722 722 605 362
Morningstar Category: World Large Stock
  As of date Overall 3 Year 5 Year 10 Year
Class A (with sales charges) 12/31/2019 2 star 4 star 1 star 1 star
Funds in category 12/31/2019 616 616 539 339
Morningstar Category: High Yield Bond
  As of date Overall 3 Year 5 Year 10 Year
Class A (with sales charges) 12/31/2019 4 star 5 star 3 star 3 star
Funds in category 12/31/2019 85 85 65 24
Morningstar Category: Infrastructure
  As of date Overall 3 Year 5 Year 10 Year
Class A (with sales charges) 12/31/2019 4 star 4 star 4 star 4 star
Funds in category 12/31/2019 643 643 570 420
Morningstar Category: Allocation--50% to 70% Equity
  As of date Overall 3 Year 5 Year 10 Year
Class A (with sales charges) 12/31/2019 1 star 2 star 1 star 1 star
Funds in category 12/31/2019 405 405 338 246
Morningstar Category: Foreign Large Growth
  As of date Overall 3 Year 5 Year 10 Year
Class A (with sales charges) 12/31/2019 3 star 4 star 2 star 1 star
Funds in category 12/31/2019 200 200 170 111
Morningstar Category: Global Real Estate
  As of date Overall 3 Year 5 Year 10 Year
Class A (with sales charges) 12/31/2019 4 star 4 star 3 star 5 star
Funds in category 12/31/2019 114 114 92 56
Morningstar Category: Foreign Small/Mid Growth
  As of date Overall 3 Year 5 Year 10 Year
Class A (with sales charges) 12/31/2019 3 star 2 star 2 star 3 star
Funds in category 12/31/2019 239 239 215 149
Morningstar Category: Muni National Interm
  As of date Overall 3 Year 5 Year 10 Year
Class A (with sales charges) 12/31/2019 3 star 3 star 3 star 4 star
Funds in category 12/31/2019 221 221 197 136
Morningstar Category: Real Estate
  As of date Overall 3 Year 5 Year 10 Year
Class A (with sales charges) 12/31/2019 2 star 4 star 2 star 1 star
Funds in category 12/31/2019 628 628 495 372
Morningstar Category: Foreign Large Blend
  As of date Overall 3 Year 5 Year 10 Year
Class A (with sales charges) 12/31/2019 1 star 1 star 1 star N/A
Funds in category 12/31/2019 155 155 135 N/A
Morningstar Category: High Yield Muni
  As of date Overall 3 Year 5 Year 10 Year
Class A (with sales charges) 12/31/2019 3 star 3 star 3 star 3 star
Funds in category 12/31/2019 382 382 327 251
Morningstar Category: Intermediate Core Bond
  As of date Overall 3 Year 5 Year 10 Year
Class A (with sales charges) 12/31/2019 2 star 2 star 2 star 2 star
Funds in category 12/31/2019 176 176 158 114
Morningstar Category: Muni National Short
  As of date Overall 3 Year 5 Year 10 Year
Class A (with sales charges) 12/31/2019 2 star 2 star N/A N/A
Funds in category 12/31/2019 565 565 N/A N/A
Morningstar Category: Mid-Cap Growth
  As of date Overall 3 Year 5 Year 10 Year
Class A (with sales charges) 12/31/2019 2 star 2 star 2 star 2 star
Funds in category 12/31/2019 1218 1218 1086 811
Morningstar Category: Large Growth
  As of date Overall 3 Year 5 Year 10 Year
Class A (with sales charges) 12/31/2019 3 star 1 star 3 star 3 star
Funds in category 12/31/2019 571 571 505 379
Morningstar Category: Small Growth

© 2019 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.