June 6, 2013
VIA EDGAR
Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549
Attention: Office of Filings, Information & Consumer Service
Re: Munder Series Trust (Trust) (File Nos. 333-102943 and 811-21294)
To the Commission:
The Supplement is being filed to submit exhibits containing interactive data format risk/return summary information that mirrors the risk/return summary information in the Prospectus dated October 26, 2012 as amended and restated June 1, 2013 for the Munder International Small-Cap Fund, as filed electronically via EDGAR with the Securities and Exchange Commission on May 31, 2013 (Accession # 0001104659-13- 046121).
If you have any questions concerning this filing, you may contact me at (617) 662-3969.
Very truly yours,
/s/ Francine S. Hayes |
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Francine S. Hayes |
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Vice President and Managing Counsel |
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cc: A. Eisenbeis
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Label | Element | Value |
---|---|---|
Risk/Return: | rr_RiskReturnAbstract | |
Prospectus Date | rr_ProspectusDate | Oct. 26, 2012 |
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Label | Element | Value | |||||||||||||||||||
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Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||
Risk/Return [Heading] | rr_RiskReturnHeading | Munder International Small-Cap Fund | |||||||||||||||||||
Objective [Heading] | rr_ObjectiveHeading | INVESTMENT OBJECTIVE | |||||||||||||||||||
Objective, Primary [Text Block] | rr_ObjectivePrimaryTextBlock | The Fund’s investment objective is to provide long-term growth of capital. |
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Expense [Heading] | rr_ExpenseHeading | FEES & EXPENSES OF THE FUND | |||||||||||||||||||
Expense Narrative [Text Block] | rr_ExpenseNarrativeTextBlock | The table below describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $25,000 in the Munder Funds. More information about these and other discounts is available from your financial professional and in the section entitled “Applicable Sales Charges” on page 10 of the Fund’s Prospectus and the section entitled “Additional Purchase, Redemption, Exchange and Conversion Information” on page 58 of the Statement of Additional Information. |
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Shareholder Fees Caption [Text] | rr_ShareholderFeesCaption | SHAREHOLDER FEES (fees paid directly from your investment) | |||||||||||||||||||
Operating Expenses Caption [Text] | rr_OperatingExpensesCaption | ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) | |||||||||||||||||||
Fee Waiver or Reimbursement over Assets, Date of Termination | rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination | 2014-10-31 | |||||||||||||||||||
Portfolio Turnover [Heading] | rr_PortfolioTurnoverHeading | PORTFOLIO TURNOVER | |||||||||||||||||||
Portfolio Turnover [Text Block] | rr_PortfolioTurnoverTextBlock | The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 67% of the average value of its portfolio. |
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Portfolio Turnover, Rate | rr_PortfolioTurnoverRate | 67.00% | |||||||||||||||||||
Expense Breakpoint Discounts [Text] | rr_ExpenseBreakpointDiscounts | You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $25,000 in the Munder Funds. | |||||||||||||||||||
Expense Breakpoint, Minimum Investment Required [Amount] | rr_ExpenseBreakpointMinimumInvestmentRequiredAmount | $ 25,000 | |||||||||||||||||||
Expense Example [Heading] | rr_ExpenseExampleHeading | EXPENSE EXAMPLE | |||||||||||||||||||
Expense Example Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | The example is intended to help you compare the cost of investing in the Fund to the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: |
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Expense Example, No Redemption, By Year, Caption [Text] | rr_ExpenseExampleNoRedemptionByYearCaption | You would pay the following expenses if you did not redeem your shares: | |||||||||||||||||||
Expense Example Closing [Text Block] | rr_ExpenseExampleClosingTextBlock | The example does not reflect sales charges (loads) on reinvested dividends and other distributions because sales charges (loads) are not imposed by the Fund on reinvested dividends and other distributions. |
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Strategy [Heading] | rr_StrategyHeading | PRINCIPAL INVESTMENT STRATEGIES | |||||||||||||||||||
Strategy Narrative [Text Block] | rr_StrategyNarrativeTextBlock | The advisor pursues long-term growth of capital in the Fund by investing primarily in equity securities (i.e., common stocks, depositary receipts, preferred stocks, convertible securities, rights and warrants) of companies in countries represented in the S&P® Developed ex-U.S. SmallCap Index, but may also invest in companies from other countries, including emerging market countries. The S&P® Developed ex-U.S. SmallCap Index consists of the bottom 15% (based on market capitalization) of companies from each country other than the U.S. represented in the S&P® Developed Broad Market Index (BMI). The S&P® Developed BMI includes all listed shares of companies from 26 developed countries with float-adjusted market capitalizations of at least US$100 million and annual dollar value traded of at least US$50 million. Under normal circumstances, at least 80% of the Fund’s assets will be invested in securities of small-capitalization companies. This investment strategy may not be changed without 60 days’ prior notice to shareholders. For purposes of this investment strategy, assets of the Fund means net assets plus the amount of any borrowings for investment purposes. With respect to each country in which the Fund invests, a small-capitalization company means any company with a market capitalization that is within such country’s smallest 15% based on market capitalization. The Fund may, however, also invest in equity securities of larger companies. The advisor employs a bottom-up investment approach that emphasizes individual stock selection. The advisor’s investment process uses a combination of quantitative and traditional qualitative, fundamental analysis to identify attractive stocks with low relative price multiples and positive trends in earnings forecasts. The stock selection process is designed to produce a diversified portfolio that, relative to the S&P® Developed ex-U.S. SmallCap Index, tends to have a below-average price-to-earnings ratio and an above-average earnings growth trend. Fund investment allocation to countries and sectors tends to closely approximate the country and sector allocations of the S&P® Developed ex-U.S. SmallCap Index, which concentrates its exposure in one or more countries, regions or sectors. The Fund will, however, be invested in a minimum of ten countries. From time to time, the advisor may use futures contracts and/or exchange-traded funds (ETFs) to manage cash. |
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Risk [Heading] | rr_RiskHeading | PRINCIPAL INVESTMENT RISKS | |||||||||||||||||||
Risk Narrative [Text Block] | rr_RiskNarrativeTextBlock | You may lose money if you invest in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The principal risks associated with investment in the Fund are as follows: Stock Market Risk The value of the equity securities in which the Fund invests may decline in response to developments affecting individual companies and/or general economic conditions. Price changes may be temporary or last for extended periods. For example, stock prices have historically fluctuated in periodic cycles. Stock Selection Risk In addition to, or in spite of, the impact of movements in the overall stock market, the value of the Fund’s investments may decline if the particular companies in which the Fund invests do not perform well in the market. The advisor’s investment strategy seeks to control risk by adhering to portfolio constraints relative to the Fund’s benchmark. As a result, the Fund may be particularly susceptible to a general decline in the small-capitalization sector of developed country equity markets outside of the U.S. Foreign Securities Risk Foreign securities, particularly those from emerging market countries, tend to be more volatile and less liquid than U.S. securities. Further, foreign securities may be subject to additional risks not associated with investment in U.S. securities due to differences in the economic and political environment, the amount of available public information, the degree of market regulation, and financial reporting, accounting and auditing standards, and, in the case of foreign currency-denominated securities, fluctuations in currency exchange rates. In addition, during periods of social, political or economic instability in a country or region, the value of a foreign security could be affected by, among other things, increasing price volatility, illiquidity or the closure of the primary market on which the security is traded. Growth Investing Risk The prices of growth stocks may be more sensitive to changes in current or expected earnings than the prices of other stocks. The prices of growth stocks also may fall or fail to appreciate as anticipated by the advisor, regardless of movements in the securities markets. Small Company Stock Risk Small companies often have more limited managerial and financial resources than larger, more established companies and, therefore, may be more susceptible to market downturns or changing economic conditions. Prices of small companies tend to be more volatile than those of larger companies and small issuers may be subject to greater degrees of changes in their earnings and prospects. Since small company stocks typically have narrower markets and are traded in lower volumes than larger company stocks, they are often more difficult to sell. Geographic Focus Risk The Fund may invest a substantial portion of its assets within one or more countries or geographic regions. When the Fund focuses its investments in a country or countries, it is particularly susceptible to the impact of market, economic, political, regulatory and other factors affecting those countries. Additionally, the Fund’s performance may be more volatile when the Fund’s investments are focused in a country or countries. Derivatives Risk Derivatives, such as futures contracts, are subject to the risk that small price movements can result in substantial gains or losses. Derivatives also entail exposure to the credit risk of the derivative’s counterparty, the risk of mispricing or improper valuation, and the risk that changes in value of the derivative may not correlate perfectly with the relevant securities, assets, rates or indices. The Fund “covers” its exposure to certain derivative contracts by segregating or designating liquid assets on its records sufficient to satisfy current payment obligations, which may expose the Fund to the market through both the underlying assets subject to the contract and the assets used as cover. The use of derivatives may cause the Fund to incur losses greater than those that would have occurred had derivatives not been used. ETF Risk ETFs are investment companies that are bought and sold on a securities exchange. The risks of owning an ETF are generally comparable to the risks of owning the underlying securities held by the ETF. However, when the Fund invests in an ETF, it will bear additional expenses based on its pro rata share of the ETF’s operating expenses. In addition, because of these expenses, compared to owning the underlying securities directly, it may be more costly to own an ETF. Lack of liquidity in an ETF could result in an ETF being more volatile than the underlying portfolio of securities. |
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Risk Lose Money [Text] | rr_RiskLoseMoney | You may lose money if you invest in the Fund. | |||||||||||||||||||
Risk Not Insured Depository Institution [Text] | rr_RiskNotInsuredDepositoryInstitution | An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. | |||||||||||||||||||
Bar Chart and Performance Table [Heading] | rr_BarChartAndPerformanceTableHeading | PERFORMANCE | |||||||||||||||||||
Performance Narrative [Text Block] | rr_PerformanceNarrativeTextBlock | The bar chart and table below provide some indication of the risk of an investment in the Fund by showing the Fund’s performance from year to year and by showing the Fund’s average annual total returns for different calendar periods over the life of the Fund compared to those of a broad-based securities market index. When you consider this information, please remember the Fund’s performance in past years (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. You can obtain updated performance information on our website, www.munder.com, or by calling (800) 468-6337. The annual return in the bar chart is for the Fund’s Class Y shares, its least expensive class offered to a broad array of investors. Due to differing sales charges and expenses, the performance of classes not shown in the bar chart will differ. |
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Performance Information Illustrates Variability of Returns [Text] | rr_PerformanceInformationIllustratesVariabilityOfReturns | The bar chart and table below provide some indication of the risk of an investment in the Fund by showing the Fund's performance from year to year and by showing the Fund's average annual total returns for different calendar periods over the life of the Fund compared to those of a broad-based securities market index. | |||||||||||||||||||
Performance Availability Phone [Text] | rr_PerformanceAvailabilityPhone | (800) 468-6337 | |||||||||||||||||||
Performance Availability Website Address [Text] | rr_PerformanceAvailabilityWebSiteAddress | www.munder.com | |||||||||||||||||||
Performance Past Does Not Indicate Future [Text] | rr_PerformancePastDoesNotIndicateFuture | When you consider this information, please remember the Fund's performance in past years (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. | |||||||||||||||||||
Bar Chart [Heading] | rr_BarChartHeading | TOTAL RETURN (%) per calendar year | |||||||||||||||||||
Bar Chart Does Not Reflect Sales Loads [Text] | rr_BarChartDoesNotReflectSalesLoads | Due to differing sales charges and expenses, the performance of classes not shown in the bar chart will differ. | |||||||||||||||||||
Bar Chart Closing [Text Block] | rr_BarChartClosingTextBlock |
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Year to Date Return, Label | rr_YearToDateReturnLabel | YTD through | |||||||||||||||||||
Bar Chart, Year to Date Return, Date | rr_BarChartYearToDateReturnDate | Sep. 30, 2012 | |||||||||||||||||||
Bar Chart, Year to Date Return | rr_BarChartYearToDateReturn | 17.36% | |||||||||||||||||||
Highest Quarterly Return, Label | rr_HighestQuarterlyReturnLabel | Best Quarter: | |||||||||||||||||||
Highest Quarterly Return, Date | rr_BarChartHighestQuarterlyReturnDate | Jun. 30, 2009 | |||||||||||||||||||
Highest Quarterly Return | rr_BarChartHighestQuarterlyReturn | 27.25% | |||||||||||||||||||
Lowest Quarterly Return, Label | rr_LowestQuarterlyReturnLabel | Worst Quarter: | |||||||||||||||||||
Lowest Quarterly Return, Date | rr_BarChartLowestQuarterlyReturnDate | Sep. 30, 2008 | |||||||||||||||||||
Lowest Quarterly Return | rr_BarChartLowestQuarterlyReturn | (27.05%) | |||||||||||||||||||
Index No Deduction for Fees, Expenses, Taxes [Text] | rr_IndexNoDeductionForFeesExpensesTaxes | (reflects no deductions for fees, expenses or taxes) | |||||||||||||||||||
Performance Table Uses Highest Federal Rate | rr_PerformanceTableUsesHighestFederalRate | After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. | |||||||||||||||||||
Performance Table Not Relevant to Tax Deferred | rr_PerformanceTableNotRelevantToTaxDeferred | After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. | |||||||||||||||||||
Performance Table One Class of after Tax Shown [Text] | rr_PerformanceTableOneClassOfAfterTaxShown | After-tax returns are shown only for the Class Y shares. The after-tax returns of the Class A, C, R6 and I shares will vary from those shown for the Class Y shares because, as noted above, each class of shares has different sales charges, distribution fees and/or service fees, and expenses. | |||||||||||||||||||
Performance Table Explanation after Tax Higher | rr_PerformanceTableExplanationAfterTaxHigher | If there is a capital loss at the end of the period, the return after taxes on the distributions and sale of Fund shares may exceed the return before taxes due to the tax benefit of realizing a capital loss upon the sale of Fund shares, which is factored into the result. | |||||||||||||||||||
Performance Table Closing [Text Block] | rr_PerformanceTableClosingTextBlock | After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. If there is a capital loss at the end of the period, the return after taxes on the distributions and sale of Fund shares may exceed the return before taxes due to the tax benefit of realizing a capital loss upon the sale of Fund shares, which is factored into the result. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. After-tax returns are shown only for the Class Y shares. The after-tax returns of the Class A, C, R6 and I shares will vary from those shown for the Class Y shares because, as noted above, each class of shares has different sales charges, distribution fees and/or service fees, and expenses. No performance information is provided for Class R6 shares as that class had not commenced operation as of December 31, 2011. |
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Caption | rr_AverageAnnualReturnCaption | AVERAGE ANNUAL TOTAL RETURNS for periods ended December 31, 2011 (including maximum sales charges) | |||||||||||||||||||
S&P® Developed ex-U.S. SmallCap Index (reflects no deductions for fees, expenses or taxes)
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Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||
Average Annual Returns, 1 Year | rr_AverageAnnualReturnYear01 | (14.49%) | |||||||||||||||||||
Average Annual Returns, Since Inception | rr_AverageAnnualReturnSinceInception | (3.92%) | |||||||||||||||||||
Average Annual Returns, Inception Date | rr_AverageAnnualReturnInceptionDate | Aug. 17, 2007 | |||||||||||||||||||
Class A
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Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | 5.50% | [1] | ||||||||||||||||||
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of original purchase price or redemption proceeds) | rr_MaximumDeferredSalesChargeOverOther | none | [2] | ||||||||||||||||||
Management Fees | rr_ManagementFeesOverAssets | 0.95% | |||||||||||||||||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.25% | |||||||||||||||||||
Other Expenses | rr_OtherExpensesOverAssets | 0.67% | |||||||||||||||||||
Total Annual Fund Operating Expenses Before Waivers and/or Reimbursements | rr_ExpensesOverAssets | 1.87% | |||||||||||||||||||
Fee Waiver and/or Expense Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.52%) | [3] | ||||||||||||||||||
Total Net Annual Fund Operating Expenses After Waivers and/or Reimbursements | rr_NetExpensesOverAssets | 1.35% | [3] | ||||||||||||||||||
Expenses Deferred Charges [Text Block] | rr_ExpensesDeferredChargesTextBlock | A 1.00% deferred sales charge, also known as a contingent deferred sales charge (CDSC), applies to redemptions of Class A shares within one year of purchase if purchased with no initial sales charge as part of an investment of $1 million or more and if your broker or financial intermediary received a sales commission on the purchase. | |||||||||||||||||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | 680 | |||||||||||||||||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 1,037 | |||||||||||||||||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 1,440 | |||||||||||||||||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 2,562 | |||||||||||||||||||
Expense Example, No Redemption, 1 Year | rr_ExpenseExampleNoRedemptionYear01 | 680 | |||||||||||||||||||
Expense Example, No Redemption, 3 Years | rr_ExpenseExampleNoRedemptionYear03 | 1,037 | |||||||||||||||||||
Expense Example, No Redemption, 5 Years | rr_ExpenseExampleNoRedemptionYear05 | 1,440 | |||||||||||||||||||
Expense Example, No Redemption, 10 Years | rr_ExpenseExampleNoRedemptionYear10 | 2,562 | |||||||||||||||||||
Average Annual Returns, 1 Year | rr_AverageAnnualReturnYear01 | (16.85%) | |||||||||||||||||||
Average Annual Returns, Since Inception | rr_AverageAnnualReturnSinceInception | (8.87%) | |||||||||||||||||||
Average Annual Returns, Inception Date | rr_AverageAnnualReturnInceptionDate | Aug. 17, 2007 | |||||||||||||||||||
Class C
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Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | |||||||||||||||||||
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of original purchase price or redemption proceeds) | rr_MaximumDeferredSalesChargeOverOther | 1.00% | [4] | ||||||||||||||||||
Management Fees | rr_ManagementFeesOverAssets | 0.95% | |||||||||||||||||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | |||||||||||||||||||
Other Expenses | rr_OtherExpensesOverAssets | 0.73% | |||||||||||||||||||
Total Annual Fund Operating Expenses Before Waivers and/or Reimbursements | rr_ExpensesOverAssets | 2.68% | |||||||||||||||||||
Fee Waiver and/or Expense Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.58%) | [3] | ||||||||||||||||||
Total Net Annual Fund Operating Expenses After Waivers and/or Reimbursements | rr_NetExpensesOverAssets | 2.10% | [3] | ||||||||||||||||||
Expenses Deferred Charges [Text Block] | rr_ExpensesDeferredChargesTextBlock | A deferred sales charge, also known as a contingent deferred sales charge (CDSC), applies to redemptions of Class C shares within one year of purchase. | |||||||||||||||||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | 313 | |||||||||||||||||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 753 | |||||||||||||||||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 1,346 | |||||||||||||||||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 2,951 | |||||||||||||||||||
Expense Example, No Redemption, 1 Year | rr_ExpenseExampleNoRedemptionYear01 | 213 | |||||||||||||||||||
Expense Example, No Redemption, 3 Years | rr_ExpenseExampleNoRedemptionYear03 | 753 | |||||||||||||||||||
Expense Example, No Redemption, 5 Years | rr_ExpenseExampleNoRedemptionYear05 | 1,346 | |||||||||||||||||||
Expense Example, No Redemption, 10 Years | rr_ExpenseExampleNoRedemptionYear10 | 2,951 | |||||||||||||||||||
Average Annual Returns, 1 Year | rr_AverageAnnualReturnYear01 | (13.47%) | |||||||||||||||||||
Average Annual Returns, Since Inception | rr_AverageAnnualReturnSinceInception | (8.41%) | |||||||||||||||||||
Average Annual Returns, Inception Date | rr_AverageAnnualReturnInceptionDate | Aug. 17, 2007 | |||||||||||||||||||
Class Y
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Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | |||||||||||||||||||
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of original purchase price or redemption proceeds) | rr_MaximumDeferredSalesChargeOverOther | none | |||||||||||||||||||
Management Fees | rr_ManagementFeesOverAssets | 0.95% | |||||||||||||||||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | |||||||||||||||||||
Other Expenses | rr_OtherExpensesOverAssets | 0.68% | |||||||||||||||||||
Total Annual Fund Operating Expenses Before Waivers and/or Reimbursements | rr_ExpensesOverAssets | 1.63% | |||||||||||||||||||
Fee Waiver and/or Expense Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.53%) | [3] | ||||||||||||||||||
Total Net Annual Fund Operating Expenses After Waivers and/or Reimbursements | rr_NetExpensesOverAssets | 1.10% | [3] | ||||||||||||||||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | 112 | |||||||||||||||||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 440 | |||||||||||||||||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 815 | |||||||||||||||||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 1,869 | |||||||||||||||||||
Expense Example, No Redemption, 1 Year | rr_ExpenseExampleNoRedemptionYear01 | 112 | |||||||||||||||||||
Expense Example, No Redemption, 3 Years | rr_ExpenseExampleNoRedemptionYear03 | 440 | |||||||||||||||||||
Expense Example, No Redemption, 5 Years | rr_ExpenseExampleNoRedemptionYear05 | 815 | |||||||||||||||||||
Expense Example, No Redemption, 10 Years | rr_ExpenseExampleNoRedemptionYear10 | 1,869 | |||||||||||||||||||
Annual Return 2008 | rr_AnnualReturn2008 | (53.56%) | |||||||||||||||||||
Annual Return 2009 | rr_AnnualReturn2009 | 37.08% | |||||||||||||||||||
Annual Return 2010 | rr_AnnualReturn2010 | 25.26% | |||||||||||||||||||
Annual Return 2011 | rr_AnnualReturn2011 | (11.81%) | |||||||||||||||||||
Average Annual Returns, 1 Year | rr_AverageAnnualReturnYear01 | (11.81%) | |||||||||||||||||||
Average Annual Returns, Since Inception | rr_AverageAnnualReturnSinceInception | (7.51%) | |||||||||||||||||||
Average Annual Returns, Inception Date | rr_AverageAnnualReturnInceptionDate | Aug. 17, 2007 | |||||||||||||||||||
Class Y | After Taxes on Distributions
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Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||
Average Annual Returns, 1 Year | rr_AverageAnnualReturnYear01 | (11.84%) | |||||||||||||||||||
Average Annual Returns, Since Inception | rr_AverageAnnualReturnSinceInception | (7.53%) | |||||||||||||||||||
Class Y | After Taxes on Distributions and Sale of Fund Shares
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Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||
Average Annual Returns, 1 Year | rr_AverageAnnualReturnYear01 | (7.21%) | |||||||||||||||||||
Average Annual Returns, Since Inception | rr_AverageAnnualReturnSinceInception | (6.11%) | |||||||||||||||||||
Class I
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Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | |||||||||||||||||||
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of original purchase price or redemption proceeds) | rr_MaximumDeferredSalesChargeOverOther | none | |||||||||||||||||||
Management Fees | rr_ManagementFeesOverAssets | 0.95% | |||||||||||||||||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | |||||||||||||||||||
Other Expenses | rr_OtherExpensesOverAssets | 0.32% | |||||||||||||||||||
Total Annual Fund Operating Expenses Before Waivers and/or Reimbursements | rr_ExpensesOverAssets | 1.27% | |||||||||||||||||||
Fee Waiver and/or Expense Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.32%) | [3] | ||||||||||||||||||
Total Net Annual Fund Operating Expenses After Waivers and/or Reimbursements | rr_NetExpensesOverAssets | 0.95% | [3] | ||||||||||||||||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | 97 | |||||||||||||||||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 357 | |||||||||||||||||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 653 | |||||||||||||||||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 1,493 | |||||||||||||||||||
Expense Example, No Redemption, 1 Year | rr_ExpenseExampleNoRedemptionYear01 | 97 | |||||||||||||||||||
Expense Example, No Redemption, 3 Years | rr_ExpenseExampleNoRedemptionYear03 | 357 | |||||||||||||||||||
Expense Example, No Redemption, 5 Years | rr_ExpenseExampleNoRedemptionYear05 | 653 | |||||||||||||||||||
Expense Example, No Redemption, 10 Years | rr_ExpenseExampleNoRedemptionYear10 | 1,493 | |||||||||||||||||||
Average Annual Returns, 1 Year | rr_AverageAnnualReturnYear01 | (11.55%) | |||||||||||||||||||
Average Annual Returns, Since Inception | rr_AverageAnnualReturnSinceInception | (7.24%) | |||||||||||||||||||
Average Annual Returns, Inception Date | rr_AverageAnnualReturnInceptionDate | Aug. 17, 2007 | |||||||||||||||||||
Class R6
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Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | |||||||||||||||||||
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of original purchase price or redemption proceeds) | rr_MaximumDeferredSalesChargeOverOther | none | |||||||||||||||||||
Management Fees | rr_ManagementFeesOverAssets | 0.95% | |||||||||||||||||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | |||||||||||||||||||
Other Expenses | rr_OtherExpensesOverAssets | 0.30% | [5] | ||||||||||||||||||
Total Annual Fund Operating Expenses Before Waivers and/or Reimbursements | rr_ExpensesOverAssets | 1.25% | [5] | ||||||||||||||||||
Fee Waiver and/or Expense Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.15%) | [3] | ||||||||||||||||||
Total Net Annual Fund Operating Expenses After Waivers and/or Reimbursements | rr_NetExpensesOverAssets | 1.10% | [3] | ||||||||||||||||||
Other Expenses, New Fund, Based on Estimates [Text] | rr_OtherExpensesNewFundBasedOnEstimates | Other Expenses and Total Annual Fund Operating Expenses for Class R6 shares are based on estimated expenses for the current year. | |||||||||||||||||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | 112 | |||||||||||||||||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 375 | |||||||||||||||||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 666 | |||||||||||||||||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 1,492 | |||||||||||||||||||
Expense Example, No Redemption, 1 Year | rr_ExpenseExampleNoRedemptionYear01 | 112 | |||||||||||||||||||
Expense Example, No Redemption, 3 Years | rr_ExpenseExampleNoRedemptionYear03 | 375 | |||||||||||||||||||
Expense Example, No Redemption, 5 Years | rr_ExpenseExampleNoRedemptionYear05 | 666 | |||||||||||||||||||
Expense Example, No Redemption, 10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,492 | |||||||||||||||||||
Performance One Year or Less [Text] | rr_PerformanceOneYearOrLess | No performance information is provided for Class R6 shares as that class had not commenced operation as of December 31, 2011. | |||||||||||||||||||
Average Annual Returns, Inception Date | rr_AverageAnnualReturnInceptionDate | Aug. 17, 2007 | |||||||||||||||||||
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