What class of shares will shareholders be receiving?
Upon merger completion, shareholders will generally receive shares of the same class of the acquiring fund as they held in the acquired fund as outlined by the table below, except that Class B shareholders of the acquired fund will receive Class A shares of the acquiring fund. Since the acquiring fund currently only has Institutional shares, Class A, Class C, and Select Class shares are being added to accommodate the merger.
After the close of business on March 25, shareholders will generally receive shares of the same class of the Acquiring Fund as they held in the Acquired Fund as outlined by the table below, except that Class B shareholders of the Acquired Fund will receive Class A shares of the Acquiring Fund. Since the Acquiring Fund currently only has Institutional Class Shares, Class A, Class C, and Select Class shares are being added to accommodate the merger.
