This table describes the fees and expenses that you may pay if you buy, sell, and hold shares of the Fund. Investors purchasing or selling shares of the Fund in the secondary market may be subject to costs (including customary brokerage commissions) charged by their broker. The fee table located in the prospectus and updates in prospectus supplements prevail.
1. Other Expenses have been restated. The Fund no longer engages in transactions that incur interest expense.
|Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
|Distribution and Service (12b-1) Fees
|Acquired Fund Fees and Expenses2
|Total Annual Fund Operating Expenses
|Total Annual Fund Operating Expenses After Fee Waiver
2. Acquired Fund Fees and Expenses are the indirect costs of investing in other investment companies. The operating expenses in this fee table do not correlate to the expense ratio in the Fund’s financial highlights because the financial statements include only the direct operating expenses incurred by the Fund.
3. The Fund’s adviser has contractually agreed, through at least October 31, 2024, to waive its management fees to 0.25% of the Fund’s average daily net assets. This agreement may be terminated only by the Trust’s Board of Trustees on 60 days’ written notice to the Fund’s adviser.