Fund-Specific Tax and Reclassification Information

The fund received a refund of foreign taxes paid (with an interest adjustment) and the amount of Foreign Tax Paid in Box 7 may be less than what is included in Box 1a for Ordinary Dividends on your Form 1099-DIV. Ordinary Dividends is the sum of your income dividends, short-term capital gain, foreign tax paid, as well as any interest adjustment.

This would apply to investors in the following funds:

• Emerging Europe

• Emerging Markets Stock

• European Stock

• International Disciplined Equity

• International Discovery

• International Equity Index

• International Stock

• International Value Equity

• Overseas Stock

For tax purposes, a portion of the fund's dividends paid in 2024 was ultimately determined to be a nontaxable distribution (return of capital). As a result, amounts reported here may differ from those shown on your year-end statement.

This would apply to investors in the following funds:

• Dynamic Global Bond

• Emerging Markets Local Currency Bond

• Global Multi-Sector Bond

• Global Real Estate

• International Bond

• Retirement Income 2020

• Retirement Income 2025

• Total Return

Tax-exempt distributions reclassified to taxable for 2024 generally represent portfolio holdings generating taxable income and certain sales of bonds with market discount, all of which may be treated as taxable income for tax purposes. The funds, at times, have historically generated these types of taxable income, but the funds may have distributed such amounts as short-term capital gain as opposed to recharacterizing monthly tax-exempt distributions.

This would apply to investors in the following funds:

• California Tax-Free Bond

• Georgia Tax-Free Bond

• Intermediate Tax-Free High Yield

• Maryland Tax-Free Bond

• Summit Municipal Intermediate

• Tax-Free High Yield

• Tax-Free Income

• Virginia Tax-Free Bond