Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 11/17/2004
Fund without Sales Charge (%) (NAV) 0.15 1.22 1.15 1.44 2.30
Fund with Sales Charge (%) (POP) 0.15 1.22 1.15 1.44 2.30
Bloomberg Barclays US Government & Credit (1-3 Year) Index (%) 4.20 2.87 2.11 1.63 2.55
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 11/17/2004
Fund without Sales Charge (%) (NAV) 0.15 1.22 1.15 1.44 2.30
Fund with Sales Charge (%) (POP) 0.15 1.22 1.15 1.44 2.30
Bloomberg Barclays US Government & Credit (1-3 Year) Index (%) 4.20 2.87 2.11 1.63 2.55

After-Tax Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -1.05 0.06 0.10 0.44
Fund without Sales Charge (%) (NAV) After Shares Sold 0.08 0.44 0.42 0.69
Fund with Sales Charge (%) (POP) Before Shares Sold -1.05 0.06 0.10 0.44
Fund with Sales Charge (%) (POP) After Shares Sold 0.08 0.44 0.42 0.69
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -1.05 0.06 0.10 0.44
Fund without Sales Charge (%) (NAV) After Shares Sold 0.08 0.44 0.42 0.69
Fund with Sales Charge (%) (POP) Before Shares Sold -1.05 0.06 0.10 0.44
Fund with Sales Charge (%) (POP) After Shares Sold 0.08 0.44 0.42 0.69

Calendar Year Returns

2019
Fund without Sales Charge (%) (NAV) 4.22
Fund with Sales Charge (%) (POP) 4.22
Bloomberg Barclays US Government & Credit (1-3 Year) Index (%) 4.03

Cumulative Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 11/17/2004
Fund without Sales Charge (%) (NAV) 5.93 -0.85 0.15 3.71 5.91 15.38 42.67
Fund with Sales Charge (%) (POP) 5.93 -0.85 0.15 3.71 5.91 15.38 42.67
Bloomberg Barclays US Government & Credit (1-3 Year) Index (%) 1.17 2.88 4.20 8.87 10.99 17.60 48.22
Quarter EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 11/17/2004
Fund without Sales Charge (%) (NAV) 5.93 -0.85 0.15 3.71 5.91 15.38 42.67
Fund with Sales Charge (%) (POP) 5.93 -0.85 0.15 3.71 5.91 15.38 42.67
Bloomberg Barclays US Government & Credit (1-3 Year) Index (%) 1.17 2.88 4.20 8.87 10.99 17.60 48.22

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 4.64 3.67 2.84
Standard Deviation (Bloomberg Barclays US Government & Credit (1-3 Year) Index) 1.02 0.96 0.81
Alpha -1.01 -0.42 -0.02
Beta 0.58 0.54 0.87
Sharpe Ratio -0.09 0.01 0.30
Information Ratio -0.36 -0.26 -0.07
Tracking Error 4.65 3.68 2.78
R-Squared 0.01 0.01 0.05

ADDITIONAL RISK STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.80 0.58 0.74
Beta Bear 0.64 0.67 0.78
Bull Bear Capture Ratio 2.16 1.26 0.83
% of Positive Months 63.89 63.33 70.00
Gains/Losses 1.50 1.59 1.88
Maximum Drawdown
7.09 7.09 7.09

SALES CHARGE, EXPENSES & FEES As of 03/01/2020 (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 06/30/2020 Updated Monthly, based on a 3-year period

Beta 0.58
Sharpe Ratio -0.09
Standard Deviation 4.64

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