Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 08/15/2003
Fund without Sales Charge (%) (NAV) -10.25 -2.59 0.49 5.46 4.42
Fund with Sales Charge (%) (POP) -11.09 -2.59 0.49 5.46 4.42
S&P 500 Index (%) 7.51 10.73 10.72 13.99 9.21
MSCI World Index (%) 3.40 7.29 7.50 10.57 8.17
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 08/15/2003
Fund without Sales Charge (%) (NAV) -10.25 -2.59 0.49 5.46 4.42
Fund with Sales Charge (%) (POP) -11.09 -2.59 0.49 5.46 4.42
S&P 500 Index (%) 7.51 10.73 10.72 13.99 9.21
MSCI World Index (%) 3.40 7.29 7.50 10.57 8.17

After-Tax Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -12.08 -3.59 -0.37 4.70
Fund without Sales Charge (%) (NAV) After Shares Sold -5.24 -2.06 0.28 4.29
Fund with Sales Charge (%) (POP) Before Shares Sold -12.91 -3.59 -0.37 4.70
Fund with Sales Charge (%) (POP) After Shares Sold -5.73 -2.06 0.28 4.29
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -12.08 -3.59 -0.37 4.70
Fund without Sales Charge (%) (NAV) After Shares Sold -5.24 -2.06 0.28 4.29
Fund with Sales Charge (%) (POP) Before Shares Sold -12.91 -3.59 -0.37 4.70
Fund with Sales Charge (%) (POP) After Shares Sold -5.73 -2.06 0.28 4.29

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 16.91 -10.54 10.43 12.71 -6.85 2.12 22.69 15.87 -2.65 9.69
Fund with Sales Charge (%) (POP) 15.91 -11.41 9.43 11.71 -7.76 1.13 21.69 14.87 -3.59 8.69
S&P 500 Index (%) 31.49 -4.38 21.83 11.96 1.38 13.69 32.39 16.00 2.11 15.06
MSCI World Index (%) 28.40 -8.20 23.07 8.15 -0.32 5.50 27.37 16.54 -5.02 12.34

Cumulative Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/15/2003
Fund without Sales Charge (%) (NAV) 9.71 -15.09 -10.25 -7.56 2.45 70.21 107.40
Fund with Sales Charge (%) (POP) 8.71 -15.89 -11.09 -7.56 2.45 70.21 107.40
S&P 500 Index (%) 20.54 -3.08 7.51 35.77 66.45 270.31 342.19
MSCI World Index (%) 19.54 -5.48 3.40 23.51 43.57 173.09 276.30
Quarter EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/15/2003
Fund without Sales Charge (%) (NAV) 9.71 -15.09 -10.25 -7.56 2.45 70.21 107.40
Fund with Sales Charge (%) (POP) 8.71 -15.89 -11.09 -7.56 2.45 70.21 107.40
S&P 500 Index (%) 20.54 -3.08 7.51 35.77 66.45 270.31 342.19
MSCI World Index (%) 19.54 -5.48 3.40 23.51 43.57 173.09 276.30

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 07/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 14.52 13.06 12.17
Standard Deviation (S&P 500 Index) 16.92 14.77 13.31
Alpha -11.44 -8.09 -6.14
Beta 0.81 0.83 0.86
Sharpe Ratio -0.28 -0.02 0.37
Information Ratio -2.56 -2.07 -1.91
Tracking Error 5.62 5.13 4.58
R-Squared 0.90 0.88 0.88

ADDITIONAL RISK STATISTICSAs of 07/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Correlation Coefficient 0.95 0.94 0.94
Beta Bull 0.65 0.66 0.76
Beta Bear 0.90 0.90 0.91
Bull Bear Capture Ratio 0.49 0.57 0.64
Gains/Losses 0.93 1.11 1.43

SALES CHARGE, EXPENSES & FEES As of 05/01/2020 (updated annually)

Gross Expense Ratio 1.76%
Net Expense Ratio [further-information] 1.76%
Max Initial Sales Charge 0.00%
CDSC 1.00%

Volatility Measures [further-information] As of 07/31/2020 Updated Monthly, based on a 3-year period

Beta 0.81
Sharpe Ratio -0.28
Standard Deviation 14.52

Benchmarks

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

  • S&P 500 Index
  • MSCI World Index