Overview

Growth of $10,000

Since Fund inception ended 06/30/2017

  • Class A at NAV

Historical Returns (%)as of Jun 30, 2017

Annualized
1 Mo. 3 Mos. YTD 1 Yr. 3 Yrs. 5 Yrs. Life of Fund
Fund at NAV 0.05 5.46 13.75 19.86 10.36 15.11 11.50
Fund w/Max Sales Charge -5.70 -0.59 7.23 12.99 8.21 13.76 10.46
Russell 1000® Growth Index1 -0.26 4.67 13.99 20.42 11.10 15.29 13.29
Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance is for the stated time period only; due to market volatility, the Fund’s current performance may be lower or higher than quoted. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) with all distributions reinvested. Returns for other classes of shares offered by the Fund are different. Performance less than or equal to one year is cumulative. Max Sales Charge: 5.75%.

Fund Factsas of Jun 30, 2017

Class A Inception 03/07/2011
Investment Objective Long-term capital growth
Total Net Assets $199.0M
Minimum Investment $1000
Expense Ratio (Gross)2 1.09%
Expense Ratio (Net)2,3 1.05%
CUSIP 277902565

Top 10 Holdings (%)4,5as of Jun 30, 2017

Alphabet Inc - CL C
Amazon.com Inc
Facebook Inc
Celgene Corp
Visa Inc
FedEx Corp
Allergan PLC
Apple Inc
Delphi Automotive PLC
Dover Corp
Total 44.96

Morningstar Rating™as of Jun 30, 2017

Time Period Rating Funds in
Large Growth
Category
Overall **** 1277
3 Years **** 1277
5 Years **** 1152
The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds and exchange-traded funds) 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. Star ratings do not reflect the effect of any applicable sales load.

©2017 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (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.

Portfolio Management

Lewis R. Piantedosi Managed Fund since inception
Yana S. Barton, CFA Managed Fund since inception

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.

About Risk: 

Fund performance is sensitive to stock market volatility. Investments in foreign instruments or currencies can involve greater risk and volatility than U.S. investments because of adverse market, economic, political, regulatory, geopolitical or other conditions. No fund is a complete investment program and you may lose money investing in a fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.


Performance

Historical Returns (%)as of Jun 30, 2017

Annualized
1 Mo. 3 Mos. YTD 1 Yr. 3 Yrs. 5 Yrs. Life of Fund
Fund at NAV 0.05 5.46 13.75 19.86 10.36 15.11 11.50
Fund w/Max Sales Charge -5.70 -0.59 7.23 12.99 8.21 13.76 10.46
Russell 1000® Growth Index1 -0.26 4.67 13.99 20.42 11.10 15.29 13.29
Morningstar Large Growth Category6 0.06 5.01 14.14 20.02 8.80 13.87
Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance is for the stated time period only; due to market volatility, the Fund’s current performance may be lower or higher than quoted. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) with all distributions reinvested. Returns for other classes of shares offered by the Fund are different. Performance less than or equal to one year is cumulative. Max Sales Charge: 5.75%.

Calendar Year Returns (%)

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Fund at NAV 18.78 33.27 14.20 6.44 3.30
Russell 1000® Growth Index1 11.81 -38.44 37.21 16.71 2.64 15.26 33.48 13.05 5.67 7.08

Fund Facts

Expense Ratio (Gross)2 1.09%
Expense Ratio (Net)2,3 1.05%
Class A Inception 03/07/2011
Distribution Frequency Annually

Risk Measures (3 Year)7as of Jun 30, 2017

Beta 1.06
Information Ratio -0.20
R-Squared (%) 90.94
Standard Deviation (%) 12.31
Sharpe Ratio 0.82

Morningstar Rating™as of Jun 30, 2017

Time Period Rating Funds in
Large Growth
Category
Overall **** 1277
3 Years **** 1277
5 Years **** 1152
The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds and exchange-traded funds) 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. Star ratings do not reflect the effect of any applicable sales load.

©2017 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (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.

NAV History

Date NAV NAV Change
Jul 24, 2017 $19.14 $0.04
Jul 21, 2017 $19.10 -$0.01
Jul 20, 2017 $19.11 -$0.04
Jul 19, 2017 $19.15 $0.12
Jul 18, 2017 $19.03 $0.05
Jul 17, 2017 $18.98 $0.00
Jul 14, 2017 $18.98 $0.09
Jul 13, 2017 $18.89 $0.02
Jul 12, 2017 $18.87 $0.20
Jul 11, 2017 $18.67 $0.02

Distribution History8

Ex-Date Distribution Reinvest NAV
No records in this table indicates that there has not been a distribution greater than .0001 within the past 3 years.
Fund prospectus

Capital Gain History8

Ex-Date Short-Term Long-Term Reinvest NAV
May 21, 2015 $0.19860 $16.01
Dec 11, 2014 $0.12140 $0.23510 $14.83
Sep 09, 2014 $0.17670 $14.89
No records in this table indicates that there has not been a capital gain greater than .0001 within the past 3 years.
Fund prospectus

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.

About Risk: 

Fund performance is sensitive to stock market volatility. Investments in foreign instruments or currencies can involve greater risk and volatility than U.S. investments because of adverse market, economic, political, regulatory, geopolitical or other conditions. No fund is a complete investment program and you may lose money investing in a fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.


Portfolio

Asset Mix (%)5,9as of Jun 30, 2017

U.S. Common Stocks 98.86
Cash 1.14
Total 100.00

Portfolio Statisticsas of Jun 30, 2017

Average Market Cap $187.6B
Price/Earnings Ratio 24.01
Number of Holdings 40
Price/Book Ratio 4.52

GICS Sector Breakdown (%)5as of Jun 30, 2017

Sector Fund Russell 1000® Growth Index1
Consumer Discretionary 21.70 18.64
Consumer Staples 6.66 7.63
Energy 1.98 0.82
Financials 4.35 3.36
Health Care 15.59 13.66
Industrials 9.86 12.30
Information Technology 36.22 36.15
Materials 2.50 3.86
Real Estate 2.60
Telecom Services 0.95
Utilities 0.01
Cash 1.14

Assets by Country (%)5as of Jun 30, 2017

United States 98.86
Cash & Other Assets 1.14
Total 100.00

Fund Holdings (%)5,10as of May 31, 2017

Holding % of Net Assets
Alphabet Inc - CL C 8.58%
Amazon.com Inc 7.19%
Facebook Inc 6.85%
Visa Inc 3.73%
EV Cash Reserves Fund LLC 3.40%
Celgene Corp 3.06%
Broadcom Ltd 3.00%
Apple Inc 2.91%
FedEx Corp 2.78%
Delphi Automotive PLC 2.75%
View All

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.

About Risk: 

Fund performance is sensitive to stock market volatility. Investments in foreign instruments or currencies can involve greater risk and volatility than U.S. investments because of adverse market, economic, political, regulatory, geopolitical or other conditions. No fund is a complete investment program and you may lose money investing in a fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.


Insights & Analysis

Commentary

A Word On The Markets as of Mar 31, 2017

Global equity markets delivered solid gains in the first quarter of 2017 despite a pullback by U.S. stocks late in the period amid dimming prospects for President Donald Trump's pro-business agenda.

U.S. stocks advanced for much of the period, extending the rally that began with President Trump's election in November. Responding to continued economic growth, the U.S. Federal Reserve (the Fed) raised its benchmark interest rate in March and indicated that further rate hikes would be coming in 2017. Taking the Fed action as a vote of confidence in the U.S. economy, stocks rose following the rate hike. Bank stocks led the advance on expectations that bank earnings would benefit from higher rates. Strong manufacturing and jobs data also boosted equity markets. During February, the U.S. added 235,000 new jobs, topping forecasts, while the unemployment rate remained steady at 4.7%.

But U.S stocks reversed course after President Trump's health care bill was withdrawn from Congress. The health care failure raised concerns about the prospects for the president's future economic initiatives, including tax reduction and infrastructure spending. Equities recouped some of the lost ground in the final days of the three-month period.

Globally, signs of economic gains across a broad spectrum of regions encouraged investors during the period. In Asia, rising demand for semiconductors and other electronics boosted growth in the region's export-oriented economies. In Europe, positive economic data and receding political risks helped push stocks higher. Even countries long mired in recession, such as Russia and Brazil, showed signs of recovery during the period.

For the three-month period, the Dow Jones Industrial Average11 recorded a 5.19% gain, while the broader S&P 500 Index12 rose 6.07%. The technology-laden NASDAQ Index13 added 9.82%. Globally, the MSCI EAFE Index14 rose 7.25% in the quarter. Large-cap stocks outperformed their small-cap counterparts during the quarter. In terms of investing style, growth stocks topped value stocks in both the large-cap and small-cap categories.

Performance Summary 

Eaton Vance Focused Growth Opportunities Fund (the Fund) underperformed its benchmark, the Russell 1000® Growth Index (the Index),1 for the quarter ended March 31, 2017, returning 7.95% for Class I shares at net asset value versus the Index's 8.91% return.

  • The Fund underperformed the Index largely due to negative stock selection in the consumer discretionary and health care sectors. Sector allocation slightly detracted from relative Fund performance versus the Index.
  • The top-performing economic sectors in the Index were health care, information technology, and consumer discretionary, while the weakest-performing Index sectors were energy and telecommunications services.
  • Among U.S. large-cap equities, growth stocks outperformed value stocks during the quarter, with the Russell 1000® Value Index15 posting a 3.27% return. Growth's relative outperformance was a reversal of the post-election cyclical and value-oriented rally.

Historical Returns (%)as of Mar 31, 2017

Annualized
1 Mo. 3 Mos. YTD 1 Yr. 3 Yrs. 5 Yrs. Life of Fund
Fund at NAV -0.17 7.86 7.86 15.36 10.12 13.15 11.02
Fund w/Max Sales Charge -5.89 1.68 1.68 8.72 7.97 11.82 9.94
Russell 1000® Growth Index1 1.16 8.91 8.91 15.76 11.26 13.31 13.02
Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance is for the stated time period only; due to market volatility, the Fund’s current performance may be lower or higher than quoted. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) with all distributions reinvested. Returns for other classes of shares offered by the Fund are different. Performance less than or equal to one year is cumulative. Max Sales Charge: 5.75%.

Fund Factsas of Mar 31, 2017

Class A Inception 03/07/2011
Expense Ratio (Gross)2 1.09%
Expense Ratio (Net)2,3 1.05%

Contributors 

Factors contributing to the Fund's relative performance compared to the Index during the quarter:

  • Facebook was the top contributing stock for the period. Their exceptional ad platform delivered another meaningful fourth quarter revenue and earnings beat. This top and bottom line acceleration was a function of growth in their mobile ad business.
  • Semiconductor company Broadcom Limited's shares moved higher during the quarter. This is largely because of increased optimism in the company's wireless segment. It remains a driver for growth and that business should significantly outperform the broader industry.
  • Amazon was a relative contributor to the Fund. The online retail shopping leader's Q4 results showed that it significantly outperformed its retail peers. The period had more brick-and-mortar store closings, while Amazon expanded on its massive scale and value proposition.
  • Adobe's shares shot up after reporting growth across products and geographies. With multiple growth drivers emerging, the digital media and marketing leader's management reported outstanding results. For the quarter, they had accelerating revenue, margin, and earnings per share results.

Detractors 

Factors detracting from the Fund's relative performance compared to the Index during the quarter:

  • The Fund's largest active underweight position, Apple, was a top performer. This weighed on the portfolio's relative returns. Apple reported strong quarterly results, with above-consensus revenues and EPS. The stock received an additional tailwind after Warren Buffet communicated owning a larger than expected stake in the company.
  • Consumer discretionary holding Advance Auto Parts reported results during the quarter that indicated the company's turnaround is moving in right the direction. However, market participants were underwhelmed as there was a lot of optimism already priced into the company's stock.
  • Alternative parts distributor for collision and auto repair, LKQ Corporation's stock came under pressure after reporting weaker than expected quarterly results. LKQ missed consensus expectations for revenue during the period because of foreign exchange headwinds and lower organic growth in North America.
  • Key consumer staple holding Blue Buffalo's stock underperformed during the quarter. Despite being in a growing pet food industry and the leader in the natural segment, investor sentiment has recently soured as investors have turned their attention to potential challenges (e.g. brand visibility on e-commerce platforms) for the company.

Investment Outlook And Fund Positioning 

Investors' attention will focus on the current administration's ability to deliver on their pro-growth promises such as tax reform, deregulation and infrastructure spending. Recent disappointment from the House of Representatives on health care legislation may have created some suspicion over whether the new administration will be able to execute quickly on their agenda. We expect these challenges to have adverse effects on market sentiment, volatility, and specific sectors. The sectors that would be most negatively affected would be financials, energy, and the cyclically oriented industrials. Ultimately, it is our belief that we will see progress on these new pro-growth reforms, but they will likely take time. In the meantime, we will look to take advantage of volatility as positive "reward to risk opportunities" present themselves.

Despite all of the noise coming from Washington, we believe the Fund's secular growing companies will not be fundamentally affected. Across the Russell 1000® Growth Index's 11 sectors, information technology and health care reported the most positive earnings surprises in the first quarter. Many of our highest conviction positions are in these two sectors. We continue to believe health care and information technology's prospects are not driven by policy hopes, but rather by unprecedented innovation, healthy underlying fundamentals, and "megatrends" in the economy.

Top 10 Holdings (%)4,5as of Mar 31, 2017

Alphabet Inc - CL C 7.92
Facebook Inc 7.16
Amazon.com Inc 6.92
Visa Inc 3.72
Celgene Corp 3.67
Broadcom Ltd 3.03
Apple Inc 3.00
Raytheon Co 2.82
Walt Disney Co 2.80
Zoetis Inc 2.77
Total 43.81

The views expressed in this report are those of portfolio manager(s) and are current only through the date stated at the top of this page. These views are subject to change at any time based upon market or other conditions, and Eaton Vance disclaims any responsibility to update such views. These views may not be relied upon as investment advice and, because investment decisions are based on many factors, may not be relied upon as an indication of trading intent on behalf of any Eaton Vance fund. This commentary may contain statements that are not historical facts, referred to as "forward looking statements". The Fund's actual future results may differ significantly from those stated in any forward-looking statement, depending on factors such as changes in securities or financial markets or general economic conditions, the volume of sales and purchases of Fund shares, the continuation of investment advisory, administrative and service contracts, and other risks discussed from time to time in the Fund's filings with the Securities and Exchange Commission.

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.

About Risk: 

Fund performance is sensitive to stock market volatility. Investments in foreign instruments or currencies can involve greater risk and volatility than U.S. investments because of adverse market, economic, political, regulatory, geopolitical or other conditions. No fund is a complete investment program and you may lose money investing in a fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.

Attribution

Sector Attributionas of Mar 31, 2017

Fund Russell 1000 Growth Index Attribution
Sectors Average Weight Total Return Contrib. to Return Average Weight Total Return Contrib. to Return Allocation Effect Selection Effect Total Effect
3 Month Attribution
Consumer Discretionary 18.68 7.62 1.41 20.77 9.70 2.01 -0.02 -0.38 -0.40
Consumer Staples 8.97 3.96 0.38 9.28 4.31 0.41 0.00 -0.03 -0.04
Energy 2.26 -9.61 -0.23 0.53 -9.17 -0.05 -0.30 -0.04 -0.34
Financials 3.16 3.60 0.11 2.86 7.24 0.21 -0.02 -0.11 -0.13
Health Care 16.18 6.25 1.01 15.99 8.30 1.33 0.01 -0.33 -0.32
Industrials 9.88 5.70 0.58 10.87 5.24 0.58 0.03 0.06 0.10
Information Technology 35.11 13.80 4.65 32.16 13.06 4.10 0.11 0.23 0.34
Materials 3.51 5.85 0.20 3.58 6.26 0.23 0.00 -0.03 -0.03
Real Estate 0.00 0.00 0.00 2.75 5.76 0.16 0.08 0.00 0.08
Telecommunication Services 0.00 0.00 0.00 1.07 -5.70 -0.07 0.16 0.00 0.16
Utilities 0.00 0.00 0.00 0.03 2.28 0.00 0.00 0.00 0.00
Cash 2.25 0.15 0.00 0.00 0.00 0.00 -0.21 0.00 -0.21
Unassigned 0.00 0.00 0.00 0.11 3.16 0.00 0.00 0.00 0.00
Total 100.00 8.12 8.12 100.00 8.91 8.91 -0.16 -0.63 -0.79
1 Year Attribution
Consumer Discretionary 19.64 20.78 4.02 20.72 14.88 3.10 -0.02 1.28 1.26
Consumer Staples 11.09 4.56 0.38 10.12 2.52 0.25 -0.30 0.24 -0.06
Energy 1.74 57.80 0.89 0.55 20.04 0.12 0.06 0.50 0.55
Financials 2.56 46.96 0.89 2.78 25.14 0.67 -0.08 0.34 0.26
Health Care 17.70 5.57 1.10 16.22 10.19 1.72 -0.06 -0.79 -0.85
Industrials 9.47 26.69 2.45 10.76 16.36 1.78 -0.08 0.96 0.88
Information Technology 33.71 19.26 6.28 30.30 23.46 7.11 0.10 -1.30 -1.19
Materials 2.37 11.93 0.35 3.59 15.20 0.55 -0.16 0.04 -0.12
Real Estate 0.00 0.00 0.00 2.89 2.58 0.09 0.35 0.00 0.35
Telecommunication Services 0.00 0.00 0.00 1.38 -0.04 0.04 0.10 0.00 0.10
Utilities 0.00 0.00 0.00 0.03 5.02 0.00 -0.01 0.00 -0.01
Cash 1.71 0.39 0.01 0.00 0.00 0.00 -0.32 0.00 -0.32
Unassigned 0.00 0.00 0.00 0.65 40.37 0.33 -0.26 0.00 -0.26
Total 100.00 16.35 16.35 100.00 15.76 15.76 -0.68 1.27 0.59

Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance is for the stated time period only; due to market volatility, the Fund’s current performance may be lower or higher than quoted. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) with all distributions reinvested. Returns for other classes of shares offered by the Fund are different. Performance less than or equal to one year is cumulative. The share class has no sales charge.

Additional Notes 

Source: Factset.

Attribution analysis shows the contribution of indicated factor exposures to a portfolio's relative total return versus a designated benchmark. Results are based on each day's ending holdings, and linked to generate attribution over longer periods. Portfolio returns do not reflect applicable expenses and trading costs, or variations in transaction prices from end of day values.

Allocation Effect 

Measures portfolio's excess return due to over or under-weighting a sector.

Selection Effect 

Measures portfolio's excess return from selecting individual stocks within each sector.

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.

About Risk: 

Fund performance is sensitive to stock market volatility. Investments in foreign instruments or currencies can involve greater risk and volatility than U.S. investments because of adverse market, economic, political, regulatory, geopolitical or other conditions. No fund is a complete investment program and you may lose money investing in a fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.


Management

Biography
Lewis R. Piantedosi

Lewis R. Piantedosi

Vice President, Eaton Vance Management
Joined Eaton Vance 1999

Lewis Piantedosi is a vice president of Eaton Vance Management, director of growth equity and team leader of Eaton Vance's growth team, where he also serves as a portfolio manager. He is responsible for buy and sell decisions, portfolio construction and risk management for the firm's growth equity strategies. He is a member of the firm's Equity Strategy Committee. He joined Eaton Vance in 1993.

Lew began his career in the investment management industry in 1993. Prior to rejoining Eaton Vance in 1999, he served as partner, portfolio manager and equity analyst with Freedom Capital Management. Previously, he was a research analyst with Eaton Vance Management.

Lew earned a B.A. from Framingham State College and an MBA from Bentley University.

Education
  • B.A. Framingham State College
  • M.B.A McCallum Graduate School of Business, Bentley College

Experience
  • Managed Fund since inception

Biography
Yana S. Barton, CFA

Yana S. Barton, CFA

Vice President, Eaton Vance Management
Joined Eaton Vance 1997

Yana Barton is a vice president of Eaton Vance Management and portfolio manager on Eaton Vance’s growth team. She is responsible for buy and sell decisions, portfolio construction and risk management for the firm’s growth equity strategies. She is a member of the firm’s Equity Strategy Committee. She began her career in the investment management industry with Eaton Vance in 1997.

Yana earned a B.S. from the University of Florida. She is a member of the Boston Security Analysts Society and is a CFA charterholder.

Education
  • B.S. University of Florida

Experience
  • Managed Fund since inception


Literature

Literature

Fact Sheet

Download - Last updated: Jun 30, 2017

Commentary

Download - Last updated: Jun 30, 2017

Attribution

Download - Last updated: Jun 30, 2017

Annual Report

Download - Last updated: Feb 28, 2017

Full Prospectus

Download - Last updated: Jul 1, 2017

Holdings-1st or 3rd fiscal quarters-www.sec.gov

Download

SAI

Download - Last updated: Jul 1, 2017

Semi-Annual Report

Download - Last updated: Aug 31, 2016

Summary Prospectus

Download - Last updated: Jul 1, 2017

XBRL

Download - Last updated: Jul 14, 2017