Gross operating expenses, Class A: 1.98%. Net operating expenses, Class A: 1.72%, after contractual waiver of fees and/or reimbursement of expenses. Waivers and/or reimbursements may be subject to recoupment within two years. Pursuant to an Expense Limitation Agreement, the Fund’s contractual fee waiver and expense reimbursement will continue in effect indefinitely, unless terminated by the Board of Trustees, including a majority of the Independent Trustees.