Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/1995
Fund without Sales Charge (%) (NAV) 14.92 5.44 4.36 6.60 7.13
Fund with Sales Charge (%) (POP) 13.92 5.44 4.36 6.60 7.13
Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index (%) 17.28 8.99 7.73 9.72
S&P 500 Index (%) 31.49 15.28 11.70 13.56 9.82
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/1995
Fund without Sales Charge (%) (NAV) 14.92 5.44 4.36 6.60 7.13
Fund with Sales Charge (%) (POP) 13.92 5.44 4.36 6.60 7.13
Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index (%) 17.28 8.99 7.73 9.72
S&P 500 Index (%) 31.49 15.28 11.70 13.56 9.82

After-Tax Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 12.99 3.69 2.60 4.77
Fund without Sales Charge (%) (NAV) After Shares Sold 9.00 3.51 2.67 4.52
Fund with Sales Charge (%) (POP) Before Shares Sold 11.99 3.69 2.60 4.77
Fund with Sales Charge (%) (POP) After Shares Sold 8.41 3.51 2.67 4.52
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 12.99 3.69 2.60 4.77
Fund without Sales Charge (%) (NAV) After Shares Sold 9.00 3.51 2.67 4.52
Fund with Sales Charge (%) (POP) Before Shares Sold 11.99 3.69 2.60 4.77
Fund with Sales Charge (%) (POP) After Shares Sold 8.41 3.51 2.67 4.52

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 14.92 -5.73 8.22 15.52 -8.61 3.55 14.00 12.97 2.28 12.23
Fund with Sales Charge (%) (POP) 13.92 -6.63 7.22 14.52 -9.48 2.56 13.00 11.97 1.31 11.23
Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index (%) 17.28 -1.61 12.18 12.88 -0.68 9.42 14.90 10.21 10.74 13.53
S&P 500 Index (%) 31.49 -4.38 21.83 11.96 1.38 13.69 32.39 16.00 2.11 15.06

Cumulative Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1995
Fund without Sales Charge (%) (NAV) 2.90 14.92 14.92 17.24 23.77 89.48 447.15
Fund with Sales Charge (%) (POP) 1.90 13.92 13.92 17.24 23.77 89.48 447.15
Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index (%) 3.35 17.28 17.28 29.45 45.13 152.80
S&P 500 Index (%) 9.07 31.49 31.49 53.17 73.86 256.66 908.32
Quarter EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1995
Fund without Sales Charge (%) (NAV) 2.90 14.92 14.92 17.24 23.77 89.48 447.15
Fund with Sales Charge (%) (POP) 1.90 13.92 13.92 17.24 23.77 89.48 447.15
Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index (%) 3.35 17.28 17.28 29.45 45.13 152.80
S&P 500 Index (%) 9.07 31.49 31.49 53.17 73.86 256.66 908.32

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 12/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 7.12 8.17 8.38
Standard Deviation (Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index) 6.06 6.27 6.46
Beta 1.09 1.20 1.20
Sharpe Ratio 0.54 0.41 0.72
Information Ratio -1.34 -0.97 -0.91
Tracking Error 2.65 3.48 3.42

SALES CHARGE, EXPENSES & FEES As of 02/01/2019 (updated annually)

Gross Expense Ratio 1.12%
Net Expense Ratio [further-information] 1.12%
Max Initial Sales Charge 0.00%
CDSC 1.00%

Volatility Measures [further-information] As of 12/31/2019 Updated Monthly, based on a 3-year period

Beta 1.09
Sharpe Ratio 0.54
Standard Deviation 7.12

Benchmarks

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

  • Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index
  • S&P 500 Index