Average Annual Total Returns [further-information] As of 01/31/2020

Month EndAs of 01/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/24/1994
Fund without Sales Charge (%) (NAV) 6.73 3.77 3.00 4.42 6.54
Fund with Sales Charge (%) (POP) 2.72 2.45 2.22 4.02 6.38
Bloomberg Barclays US Aggregate Index (%) 9.64 4.63 3.01 3.79 5.52
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/24/1994
Fund without Sales Charge (%) (NAV) 8.16 3.51 2.77 4.40 6.51
Fund with Sales Charge (%) (POP) 4.12 2.19 1.99 4.00 6.35
Bloomberg Barclays US Aggregate Index (%) 8.72 4.03 3.05 3.75 5.46

After-Tax Average Annual Total Returns [further-information] As of 01/31/2020

Month EndAs of 01/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.82 2.20 1.46 2.54
Fund without Sales Charge (%) (NAV) After Shares Sold 3.96 2.20 1.59 2.63
Fund with Sales Charge (%) (POP) Before Shares Sold 0.88 0.89 0.68 2.15
Fund with Sales Charge (%) (POP) After Shares Sold 1.58 1.18 0.99 2.31
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.22 1.97 1.23 2.52
Fund without Sales Charge (%) (NAV) After Shares Sold 4.81 2.02 1.42 2.62
Fund with Sales Charge (%) (POP) Before Shares Sold 2.25 0.67 0.46 2.13
Fund with Sales Charge (%) (POP) After Shares Sold 2.42 1.01 0.82 2.30

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 8.16 -1.88 4.50 7.98 -4.26 1.67 3.20 12.35 2.65 10.86
Fund with Sales Charge (%) (POP) 4.12 -5.53 0.03 3.35 -8.30 -2.61 -1.15 7.55 -1.69 6.16
Bloomberg Barclays US Aggregate Index (%) 8.72 0.01 3.54 2.65 0.55 5.95 -2.02 4.21 7.84 6.54

Cumulative Total Returns [further-information] As of 01/31/2020

Month EndAs of 01/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/24/1994
Fund without Sales Charge (%) (NAV) 2.26 1.29 6.73 11.75 15.94 54.13 409.23
Fund with Sales Charge (%) (POP) -1.55 -2.48 2.72 7.52 11.58 48.34 390.11
Bloomberg Barclays US Aggregate Index (%) 1.80 1.92 9.64 14.52 16.00 45.00 297.69
Quarter EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/24/1994
Fund without Sales Charge (%) (NAV) 0.57 8.16 8.16 10.91 14.65 53.80 402.75
Fund with Sales Charge (%) (POP) -3.24 4.12 4.12 6.70 10.35 47.99 383.88
Bloomberg Barclays US Aggregate Index (%) 0.18 8.72 8.72 12.58 16.20 44.43 290.18

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 01/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 2.48 3.36 4.25
Standard Deviation (Bloomberg Barclays US Aggregate Index) 3.01 3.02 2.88
Sharpe Ratio 0.85 0.58 0.91
Information Ratio -0.28 0.00 0.14
Tracking Error 3.01 3.74 4.50

SALES CHARGE, EXPENSES & FEES As of 09/01/2019 (updated annually)

Gross Expense Ratio 0.94%
Net Expense Ratio [further-information] 0.89%
Max Initial Sales Charge 3.75%
CDSC 0.75%

Volatility Measures [further-information] As of 01/31/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.85
Standard Deviation 2.48

Benchmarks

A benchmark is a comparable broad-based index that can be used to evaluate a fund's performance.

  • Bloomberg Barclays US Aggregate Index