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) 15.40 10.53 8.48 10.26 7.59
Fund with Sales Charge (%) (POP) 15.40 10.53 8.48 10.26 7.59
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) 25.51 11.70 8.08 9.88 7.64
Fund with Sales Charge (%) (POP) 25.51 11.70 8.08 9.88 7.64
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 13.28 9.11 7.10 9.42
Fund without Sales Charge (%) (NAV) After Shares Sold 10.57 8.11 6.51 8.38
Fund with Sales Charge (%) (POP) Before Shares Sold 13.28 9.11 7.10 9.42
Fund with Sales Charge (%) (POP) After Shares Sold 10.57 8.11 6.51 8.38
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 23.21 10.27 6.70 9.04
Fund without Sales Charge (%) (NAV) After Shares Sold 16.68 9.04 6.18 8.05
Fund with Sales Charge (%) (POP) Before Shares Sold 23.21 10.27 6.70 9.04
Fund with Sales Charge (%) (POP) After Shares Sold 16.68 9.04 6.18 8.05

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 25.51 -7.30 19.79 7.33 -1.43 6.30 30.76 14.49 -3.15 12.93
Fund with Sales Charge (%) (POP) 25.51 -7.30 19.79 7.33 -1.43 6.30 30.76 14.49 -3.15 12.93
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) 6.21 -0.05 15.40 35.03 50.22 165.65 233.65
Fund with Sales Charge (%) (POP) 6.21 -0.05 15.40 35.03 50.22 165.65 233.65
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) 7.93 25.51 25.51 39.38 47.45 156.67 233.81
Fund with Sales Charge (%) (POP) 7.93 25.51 25.51 39.38 47.45 156.67 233.81
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) 11.92 12.01 12.82
Standard Deviation (S&P 500 Index) 11.95 11.75 12.32
Alpha -3.30 -3.41 -3.44
Beta 0.98 1.00 1.02
Sharpe Ratio 0.74 0.62 0.76
Information Ratio -1.79 -1.42 -1.34
Tracking Error 2.24 2.74 2.77
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 1.01 1.01 1.01
Bull Bear Capture Ratio 0.83 0.81 0.83
% of Positive Months 77.78 71.67 66.67
Gains/Losses 2.03 1.77 1.86
Maximum Drawdown
14.95 14.95 18.95

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

Gross Expense Ratio 1.29%
Net Expense Ratio [further-information] 1.29%
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 0.98
Alpha -3.30
Sharpe Ratio 0.74
R-Squared 0.97
Standard Deviation 11.92

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