Average Annual Total Returns [further-information] As of 08/31/2021

Performance data quoted represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or a loss when you sell your shares.
Month EndAs of 08/31/2021 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 11/17/2004
Fund without Sales Charge (%) (NAV) 2.95 2.64 1.96 1.52 2.43
Fund with Sales Charge (%) (POP) 2.95 2.64 1.96 1.52 2.43
Bloomberg US Government & Credit (1-3 Year) Index (%) 0.39 2.87 1.93 1.46 2.41
Quarter EndAs of 06/30/2021 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 11/17/2004
Fund without Sales Charge (%) (NAV) 4.48 2.72 2.01 1.44 2.43
Fund with Sales Charge (%) (POP) 4.48 2.72 2.01 1.44 2.43
Bloomberg US Government & Credit (1-3 Year) Index (%) 0.44 2.95 1.88 1.49 2.42

After-Tax Average Annual Total Returns [further-information] As of 08/31/2021

Month EndAs of 08/31/2021 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 1.86 1.45 0.84 0.50
Fund without Sales Charge (%) (NAV) After Shares Sold 1.74 1.51 1.01 0.72
Fund with Sales Charge (%) (POP) Before Shares Sold 1.86 1.45 0.84 0.50
Fund with Sales Charge (%) (POP) After Shares Sold 1.74 1.51 1.01 0.72
Quarter EndAs of 06/30/2021 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.34 1.50 0.91 0.43
Fund without Sales Charge (%) (NAV) After Shares Sold 2.65 1.56 1.06 0.66
Fund with Sales Charge (%) (POP) Before Shares Sold 3.34 1.50 0.91 0.43
Fund with Sales Charge (%) (POP) After Shares Sold 2.65 1.56 1.06 0.66

Calendar Year Returns

Performance data quoted represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or a loss when you sell your shares.
2020 2019
Fund without Sales Charge (%) (NAV) 2.81 4.22
Fund with Sales Charge (%) (POP) 2.81 4.22
Bloomberg US Government & Credit (1-3 Year) Index (%) 3.33 4.03

Cumulative Total Returns [further-information] As of 08/31/2021

Performance data quoted represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or a loss when you sell your shares.
Month EndAs of 08/31/2021 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 11/17/2004
Fund without Sales Charge (%) (NAV) 0.30 1.09 2.95 8.13 10.20 16.30 49.55
Fund with Sales Charge (%) (POP) 0.30 1.09 2.95 8.13 10.20 16.30 49.55
Bloomberg US Government & Credit (1-3 Year) Index (%) 0.02 0.17 0.39 8.88 10.03 15.56 49.13
Quarter EndAs of 06/30/2021 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 11/17/2004
Fund without Sales Charge (%) (NAV) 0.51 0.76 4.48 8.39 10.48 15.38 49.06
Fund with Sales Charge (%) (POP) 0.51 0.76 4.48 8.39 10.48 15.38 49.06
Bloomberg US Government & Credit (1-3 Year) Index (%) 0.04 0.00 0.44 9.13 9.74 15.92 48.87

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 08/31/2021 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 4.71 3.67 2.82
Standard Deviation (Bloomberg US Government & Credit (1-3 Year) Index) 0.95 0.90 0.79
Alpha 0.87 0.47 0.30
Beta 0.44 0.55 0.77
Sharpe Ratio 0.33 0.24 0.33
Information Ratio -0.05 0.01 0.02
Tracking Error 4.77 3.71 2.79
R-Squared 0.00 0.01 0.03

ADDITIONAL RISK STATISTICSAs of 08/31/2021 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.34 0.41 0.42
Beta Bear 0.70 0.79 0.60
Bull Bear Capture Ratio -0.99 6.24 0.87
% of Positive Months 80.56 71.67 70.83
Gains/Losses 2.09 2.20 2.01
Maximum Drawdown
7.09 7.09 7.09

SALES CHARGE, EXPENSES & FEES As of 03/01/2021 (updated annually)

Gross Expense Ratio 1.21%
Net Expense Ratio [further-information] 0.96%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 08/31/2021 Updated Monthly, based on a 3-year period

Beta 0.44
Sharpe Ratio 0.33
Standard Deviation 4.71

Benchmarks

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

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