Average Annual Total Returns [further-information] As of 11/30/2019

Month EndAs of 11/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 11/17/2004
Fund without Sales Charge (%) (NAV) 3.96 2.04 1.53 1.98 2.74
Fund with Sales Charge (%) (POP) 1.62 1.25 1.07 1.75 2.58
Bloomberg Barclays US Government & Credit (1-3 Year) Index (%) 4.58 2.09 1.57 1.46 2.44
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 11/17/2004
Fund without Sales Charge (%) (NAV) 3.47 1.94 1.52 2.04 2.75
Fund with Sales Charge (%) (POP) 1.17 1.16 1.06 1.81 2.59
Bloomberg Barclays US Government & Credit (1-3 Year) Index (%) 4.64 1.82 1.59 1.52 2.45

After-Tax Average Annual Total Returns [further-information] As of 11/30/2019

Month EndAs of 11/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.63 0.90 0.48 0.96
Fund without Sales Charge (%) (NAV) After Shares Sold 2.33 1.06 0.70 1.10
Fund with Sales Charge (%) (POP) Before Shares Sold 0.32 0.13 0.03 0.73
Fund with Sales Charge (%) (POP) After Shares Sold 0.95 0.46 0.35 0.91
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.13 0.80 0.49 1.02
Fund without Sales Charge (%) (NAV) After Shares Sold 2.04 0.98 0.70 1.14
Fund with Sales Charge (%) (POP) Before Shares Sold -0.15 0.03 0.04 0.79
Fund with Sales Charge (%) (POP) After Shares Sold 0.68 0.39 0.35 0.96

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) 0.59 1.22 2.67 -0.59 1.01 1.22 4.08 0.60 4.79 8.24
Fund with Sales Charge (%) (POP) -1.62 -1.09 0.40 -2.82 -1.23 -1.10 1.76 -1.69 2.47 5.84
Bloomberg Barclays US Government & Credit (1-3 Year) Index (%) 1.60 0.84 1.28 0.65 0.77 0.65 1.26 1.59 2.80 3.83

Cumulative Total Returns [further-information] As of 11/30/2019

Month EndAs of 11/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 11/17/2004
Fund without Sales Charge (%) (NAV) 0.32 3.99 3.96 6.23 7.89 21.71 50.05
Fund with Sales Charge (%) (POP) -1.91 1.65 1.62 3.81 5.49 18.91 46.67
Bloomberg Barclays US Government & Credit (1-3 Year) Index (%) 0.29 3.78 4.58 6.39 8.11 15.58 43.72
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 11/17/2004
Fund without Sales Charge (%) (NAV) 0.38 3.71 3.47 5.94 7.81 22.35 49.64
Fund with Sales Charge (%) (POP) -1.84 1.37 1.17 3.53 5.41 19.65 46.27
Bloomberg Barclays US Government & Credit (1-3 Year) Index (%) 0.69 3.42 4.64 5.55 8.20 16.30 43.22

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 11/30/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 0.83 1.01 1.40
Standard Deviation (Bloomberg Barclays US Government & Credit (1-3 Year) Index) 0.92 0.91 0.82
Sharpe Ratio 0.52 0.51 1.03
Information Ratio -0.06 -0.04 0.41
Tracking Error 0.87 1.02 1.29

ADDITIONAL RISK STATISTICSAs of 11/30/2019 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.22 0.20 0.60
Beta Bear 0.54 0.47 0.17
Bull Bear Capture Ratio 60.25 2.79 2.12
Gains/Losses 9.46 3.27 3.06

SALES CHARGE, EXPENSES & FEES As of 03/01/2019 (updated annually)

Gross Expense Ratio 0.97%
Net Expense Ratio [further-information] 0.72%
Max Initial Sales Charge 2.25%
CDSC 0.75%

Volatility Measures [further-information] As of 11/30/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.52
Standard Deviation 0.83

Benchmarks

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

  • Bloomberg Barclays US Government & Credit (1-3 Year) Index