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 08/15/2003
Fund without Sales Charge (%) (NAV) 15.71 10.79 8.74 10.52 7.82
Fund with Sales Charge (%) (POP) 9.32 8.73 7.51 9.90 7.45
S&P 500 Index (%) 21.68 14.55 12.37 13.97 9.66
MSCI World Index (%) 18.40 12.09 9.62 10.48 8.72
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 08/15/2003
Fund without Sales Charge (%) (NAV) 25.79 11.95 8.34 10.13 7.86
Fund with Sales Charge (%) (POP) 18.86 9.87 7.11 9.52 7.49
S&P 500 Index (%) 31.49 15.28 11.70 13.56 9.71
MSCI World Index (%) 28.40 13.21 9.36 10.08 8.80

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 13.52 9.30 7.29 9.62
Fund without Sales Charge (%) (NAV) After Shares Sold 10.80 8.31 6.70 8.59
Fund with Sales Charge (%) (POP) Before Shares Sold 7.25 7.27 6.08 9.00
Fund with Sales Charge (%) (POP) After Shares Sold 6.94 6.68 5.71 8.04
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 23.41 10.45 6.89 9.23
Fund without Sales Charge (%) (NAV) After Shares Sold 16.90 9.23 6.38 8.25
Fund with Sales Charge (%) (POP) Before Shares Sold 16.61 8.39 5.69 8.62
Fund with Sales Charge (%) (POP) After Shares Sold 12.71 7.57 5.39 7.71

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 25.79 -7.10 20.07 7.64 -1.20 6.48 31.01 14.80 -2.90 13.13
Fund with Sales Charge (%) (POP) 18.86 -12.23 13.17 1.48 -6.89 0.38 23.46 8.18 -8.51 6.59
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 01/31/2020

Month EndAs of 01/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/15/2003
Fund without Sales Charge (%) (NAV) 6.27 0.00 15.71 36.00 52.01 171.82 245.31
Fund with Sales Charge (%) (POP) 0.43 -5.52 9.32 28.55 43.64 156.93 226.38
S&P 500 Index (%) 6.72 -0.04 21.68 50.26 79.17 269.82 356.06
MSCI World Index (%) 5.34 -0.58 18.40 40.79 58.31 170.94 295.81
Quarter EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/15/2003
Fund without Sales Charge (%) (NAV) 7.99 25.79 25.79 40.31 49.23 162.50 245.31
Fund with Sales Charge (%) (POP) 2.07 18.86 18.86 32.61 41.00 148.17 226.38
S&P 500 Index (%) 9.07 31.49 31.49 53.17 73.86 256.66 356.24
MSCI World Index (%) 8.68 28.40 28.40 45.06 56.39 161.31 298.12

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

3 YR 5 YR 10 YR
Standard Deviation (Fund) 11.93 12.02 12.83
Standard Deviation (S&P 500 Index) 11.95 11.75 12.32
Alpha -3.08 -3.19 -3.22
Beta 0.98 1.00 1.02
Sharpe Ratio 0.77 0.64 0.78
Information Ratio -1.68 -1.33 -1.24
Tracking Error 2.22 2.74 2.78
R-Squared 0.97 0.95 0.95

ADDITIONAL RISK STATISTICSAs of 01/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Correlation Coefficient 0.98 0.97 0.98
Beta Bull 1.00 0.94 1.02
Beta Bear 1.02 1.01 1.01
Bull Bear Capture Ratio 0.84 0.82 0.84
% of Positive Months 80.56 73.33 67.50
Gains/Losses 2.06 1.79 1.88
Maximum Drawdown
14.94 14.94 18.92

SALES CHARGE, EXPENSES & FEES As of 05/01/2019 (updated annually)

Gross Expense Ratio 1.04%
Net Expense Ratio [further-information] 1.04%
Max Initial Sales Charge 5.50%
CDSC

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

Beta 0.98
Alpha -3.08
Sharpe Ratio 0.77
R-Squared 0.97
Standard Deviation 11.93

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