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) 7.23 4.21 3.42 4.82 6.98
Fund with Sales Charge (%) (POP) 7.23 4.21 3.42 4.82 6.98
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) 8.56 3.95 3.19 4.81 6.95
Fund with Sales Charge (%) (POP) 8.56 3.95 3.19 4.81 6.95
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 5.16 2.46 1.71 2.79
Fund without Sales Charge (%) (NAV) After Shares Sold 4.25 2.45 1.84 2.87
Fund with Sales Charge (%) (POP) Before Shares Sold 5.16 2.46 1.71 2.79
Fund with Sales Charge (%) (POP) After Shares Sold 4.25 2.45 1.84 2.87
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.45 2.24 1.48 2.78
Fund without Sales Charge (%) (NAV) After Shares Sold 5.04 2.27 1.66 2.87
Fund with Sales Charge (%) (POP) Before Shares Sold 6.45 2.24 1.48 2.78
Fund with Sales Charge (%) (POP) After Shares Sold 5.04 2.27 1.66 2.87

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011
Fund without Sales Charge (%) (NAV) 8.56 -1.40 4.93 8.40 -3.90 2.05 3.54
Fund with Sales Charge (%) (POP) 8.56 -1.40 4.93 8.40 -3.90 2.05 3.54
Bloomberg Barclays US Aggregate Index (%) 8.72 0.01 3.54 2.65 0.55 5.95 -2.02 4.21 7.84

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) 2.35 1.31 7.23 13.16 18.32 60.11 465.68
Fund with Sales Charge (%) (POP) 2.35 1.31 7.23 13.16 18.32 60.11 465.68
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) 0.67 8.56 8.56 12.32 17.01 59.92 458.34
Fund with Sales Charge (%) (POP) 0.67 8.56 8.56 12.32 17.01 59.92 458.34
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) 2.47 3.36 4.25
Standard Deviation (Bloomberg Barclays US Aggregate Index) 3.01 3.02 2.88
Sharpe Ratio 1.03 0.70 1.00
Information Ratio -0.14 0.11 0.23
Tracking Error 3.04 3.75 4.49

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

Gross Expense Ratio 0.56%
Net Expense Ratio [further-information] 0.51%
Max Initial Sales Charge 0.00%
CDSC

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

Sharpe Ratio 1.03
Standard Deviation 2.47

Benchmarks

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

  • Bloomberg Barclays US Aggregate Index