Average Annual Total Returns [further-information] As of 07/31/2020

Month EndAs of 07/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/03/2006
Fund without Sales Charge (%) (NAV) 1.59 4.38 5.05 6.83 5.25
Fund with Sales Charge (%) (POP) 0.64 4.38 5.05 6.83 5.25
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/03/2006
Fund without Sales Charge (%) (NAV) -0.02 4.11 4.64 7.22 5.11
Fund with Sales Charge (%) (POP) -0.95 4.11 4.64 7.22 5.11
Blended 50% MSCI USA High Dividend Yield Index + 25% ICE BofA US Corporate & High Yield Index + 25% Bloomberg Barclays US Aggregate Index (%) 2.61 5.84 7.06 8.91 7.24
Bloomberg Barclays US Aggregate Index (%) 8.74 5.32 4.30 3.82 4.78

After-Tax Average Annual Total Returns [further-information] As of 07/31/2020

Month EndAs of 07/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -0.60 2.82 3.72 5.66
Fund without Sales Charge (%) (NAV) After Shares Sold 1.55 2.98 3.57 5.17
Fund with Sales Charge (%) (POP) Before Shares Sold -1.55 2.82 3.72 5.66
Fund with Sales Charge (%) (POP) After Shares Sold 0.99 2.98 3.57 5.17
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -2.15 2.57 3.33 6.05
Fund without Sales Charge (%) (NAV) After Shares Sold 0.64 2.80 3.27 5.51
Fund with Sales Charge (%) (POP) Before Shares Sold -3.08 2.57 3.33 6.05
Fund with Sales Charge (%) (POP) After Shares Sold 0.09 2.80 3.27 5.51

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 17.07 -3.91 8.79 11.07 -3.57 6.78 12.22 11.88 2.51 14.33
Fund with Sales Charge (%) (POP) 16.07 -4.84 7.79 10.07 -4.51 5.78 11.22 10.88 1.52 13.33
Blended 50% MSCI USA High Dividend Yield Index + 25% ICE BofA US Corporate & High Yield Index + 25% Bloomberg Barclays US Aggregate Index (%) 17.06 -1.49 12.14 10.71 0.34 10.56 13.20 9.25 10.91 12.49
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 07/31/2020

Month EndAs of 07/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/03/2006
Fund without Sales Charge (%) (NAV) 5.08 -3.17 1.59 13.73 27.91 93.65 105.49
Fund with Sales Charge (%) (POP) 4.08 -4.12 0.64 13.73 27.91 93.65 105.49
Quarter EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/03/2006
Fund without Sales Charge (%) (NAV) 9.61 -5.30 -0.02 12.84 25.45 100.87 100.96
Fund with Sales Charge (%) (POP) 8.61 -6.23 -0.95 12.84 25.45 100.87 100.96
Blended 50% MSCI USA High Dividend Yield Index + 25% ICE BofA US Corporate & High Yield Index + 25% Bloomberg Barclays US Aggregate Index (%) 9.34 -3.29 2.61 18.57 40.67 134.73 165.81
Bloomberg Barclays US Aggregate Index (%) 2.90 6.14 8.74 16.83 23.45 45.53 92.14

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

3 YR 5 YR 10 YR
Standard Deviation (Fund) 9.18 8.48 8.31
Standard Deviation (Blended 50% MSCI USA High Dividend Yield Index + 25% ICE BofA US Corporate & High Yield Index + 25% Bloomberg Barclays US Aggregate Index) 8.73 7.61 6.53
Beta 1.02 1.06 1.16
Sharpe Ratio 0.30 0.46 0.75
Information Ratio -1.00 -0.91 -0.54
Tracking Error 2.06 2.63 3.58

SALES CHARGE, EXPENSES & FEES As of 03/01/2020 (updated annually)

Gross Expense Ratio 1.72%
Net Expense Ratio [further-information] 1.68%
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 1.02
Sharpe Ratio 0.30
Standard Deviation 9.18

Benchmarks

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

  • Blended 50% MSCI USA High Dividend Yield Index + 25% ICE BofA US Corporate & High Yield Index + 25% Bloomberg Barclays US Aggregate Index
  • Bloomberg Barclays US Aggregate Index