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 05/24/1994
Fund without Sales Charge (%) (NAV) 6.49 3.53 2.76 4.16 6.23
Fund with Sales Charge (%) (POP) 6.49 3.53 2.76 4.16 6.23
Bloomberg Barclays US Aggregate Index (%) 9.64 4.63 3.01 3.79 5.52
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/24/1994
Fund without Sales Charge (%) (NAV) 7.92 3.30 2.53 4.15 6.20
Fund with Sales Charge (%) (POP) 7.92 3.30 2.53 4.15 6.20
Bloomberg Barclays US Aggregate Index (%) 8.72 4.03 3.05 3.75 5.46

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 4.69 2.06 1.32 2.39
Fund without Sales Charge (%) (NAV) After Shares Sold 3.82 2.05 1.45 2.48
Fund with Sales Charge (%) (POP) Before Shares Sold 4.69 2.06 1.32 2.39
Fund with Sales Charge (%) (POP) After Shares Sold 3.82 2.05 1.45 2.48
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.08 1.87 1.09 2.38
Fund without Sales Charge (%) (NAV) After Shares Sold 4.67 1.90 1.28 2.47
Fund with Sales Charge (%) (POP) Before Shares Sold 6.08 1.87 1.09 2.38
Fund with Sales Charge (%) (POP) After Shares Sold 4.67 1.90 1.28 2.47

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 7.92 -2.02 4.25 7.63 -4.52 1.52 2.85 12.11 2.41 10.62
Fund with Sales Charge (%) (POP) 7.92 -2.02 4.25 7.63 -4.52 1.52 2.85 12.11 2.41 10.62
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 01/31/2020

Month EndAs of 01/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/24/1994
Fund without Sales Charge (%) (NAV) 2.20 1.17 6.49 10.96 14.56 50.39 371.84
Fund with Sales Charge (%) (POP) 2.20 1.17 6.49 10.96 14.56 50.39 371.84
Bloomberg Barclays US Aggregate Index (%) 1.80 1.92 9.64 14.52 16.00 45.00 297.69
Quarter EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/24/1994
Fund without Sales Charge (%) (NAV) 0.61 7.92 7.92 10.23 13.28 50.22 366.38
Fund with Sales Charge (%) (POP) 0.61 7.92 7.92 10.23 13.28 50.22 366.38
Bloomberg Barclays US Aggregate Index (%) 0.18 8.72 8.72 12.58 16.20 44.43 290.18

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

3 YR 5 YR 10 YR
Standard Deviation (Fund) 2.45 3.37 4.25
Standard Deviation (Bloomberg Barclays US Aggregate Index) 3.01 3.02 2.88
Sharpe Ratio 0.76 0.50 0.85
Information Ratio -0.37 -0.07 0.08
Tracking Error 2.99 3.75 4.49

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

Gross Expense Ratio 1.19%
Net Expense Ratio [further-information] 1.14%
Max Initial Sales Charge 0.00%
CDSC

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

Sharpe Ratio 0.76
Standard Deviation 2.45

Benchmarks

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

  • Bloomberg Barclays US Aggregate Index