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 06/05/1995
Fund without Sales Charge (%) (NAV) -14.83 -9.79 -5.22 -2.74 5.62
Fund with Sales Charge (%) (POP) -14.83 -9.79 -5.22 -2.74 5.62
S&P North American Natural Resources Sector Index (%) -4.35 -4.61 -2.36 1.19
S&P 500 Index (%) 21.68 14.55 12.37 13.97 9.63
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 06/05/1995
Fund without Sales Charge (%) (NAV) 10.53 -5.13 -3.46 -1.94 6.21
Fund with Sales Charge (%) (POP) 10.53 -5.13 -3.46 -1.94 6.21
S&P North American Natural Resources Sector Index (%) 17.63 -2.05 -1.41 1.39
S&P 500 Index (%) 31.49 15.28 11.70 13.56 9.66

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 -15.16 -10.23 -5.62 -3.06
Fund without Sales Charge (%) (NAV) After Shares Sold -8.50 -7.22 -3.82 -1.96
Fund with Sales Charge (%) (POP) Before Shares Sold -15.16 -10.23 -5.62 -3.06
Fund with Sales Charge (%) (POP) After Shares Sold -8.50 -7.22 -3.82 -1.96
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 10.10 -5.60 -3.88 -2.27
Fund without Sales Charge (%) (NAV) After Shares Sold 6.52 -3.86 -2.59 -1.42
Fund with Sales Charge (%) (POP) Before Shares Sold 10.10 -5.60 -3.88 -2.27
Fund with Sales Charge (%) (POP) After Shares Sold 6.52 -3.86 -2.59 -1.42

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013
Fund without Sales Charge (%) (NAV) 10.53 -23.43 0.89 35.34 -27.44 -19.74 10.11
Fund with Sales Charge (%) (POP) 10.53 -23.43 0.89 35.34 -27.44 -19.74 10.11
S&P North American Natural Resources Sector Index (%) 17.63 -21.07 1.23 30.87 -24.28 -9.77 16.49
S&P 500 Index (%) 31.49 -4.38 21.83 11.96 1.38 13.69 32.39

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 06/05/1995
Fund without Sales Charge (%) (NAV) -0.66 -12.39 -14.83 -26.58 -23.50 -24.22 285.34
Fund with Sales Charge (%) (POP) -0.66 -12.39 -14.83 -26.58 -23.50 -24.22 285.34
S&P North American Natural Resources Sector Index (%) -0.16 -8.26 -4.35 -13.18 -11.26 12.60
S&P 500 Index (%) 6.72 -0.04 21.68 50.26 79.17 269.82 864.35
Quarter EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 06/05/1995
Fund without Sales Charge (%) (NAV) 10.53 10.53 10.53 -14.61 -16.15 -17.82 339.82
Fund with Sales Charge (%) (POP) 10.53 10.53 10.53 -14.61 -16.15 -17.82 339.82
S&P North American Natural Resources Sector Index (%) 7.47 17.63 17.63 -6.02 -6.86 14.84
S&P 500 Index (%) 9.07 31.49 31.49 53.17 73.86 256.66 864.73

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

3 YR 5 YR 10 YR
Standard Deviation (Fund) 22.98 24.16
Standard Deviation (S&P North American Natural Resources Sector Index) 19.32 20.27 20.22
Beta 1.16 1.17
Sharpe Ratio -0.50 -0.26
Information Ratio -0.91 -0.49
Tracking Error 5.71 5.82

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

3 YR 5 YR 10 YR
Beta Bull 1.19 1.19
Beta Bear 0.96 1.04
Bull Bear Capture Ratio 0.97 1.03
% of Positive Months 47.22 48.33
Gains/Losses 0.79 0.93
Maximum Drawdown
29.84 37.62

SALES CHARGE, EXPENSES & FEES As of 09/01/2019 (updated annually)

Gross Expense Ratio 0.63%
Net Expense Ratio [further-information] 0.60%
Max Initial Sales Charge 0.00%
CDSC

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

Beta 1.16
Sharpe Ratio -0.50
Standard Deviation 22.98

Benchmarks

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

  • S&P North American Natural Resources Sector Index
  • S&P 500 Index