Average Annual Total Returns [further-information] As of 05/31/2020

Month EndAs of 05/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 10/02/1995
Fund without Sales Charge (%) (NAV) 1.59 4.72 5.25 9.18 6.27
Fund with Sales Charge (%) (POP) 0.62 4.72 5.25 9.18 6.27
Russell 1000 Value Index (%) -1.64 2.60 4.36 9.84 8.32
S&P 500 Index (%) 12.84 10.23 9.86 13.15 9.00
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 10/02/1995
Fund without Sales Charge (%) (NAV) -12.93 0.40 2.69 6.98 5.73
Fund with Sales Charge (%) (POP) -13.77 0.40 2.69 6.98 5.73
Russell 1000 Value Index (%) -17.17 -2.18 1.90 7.67 7.76
S&P 500 Index (%) -6.98 5.10 6.72 10.53 8.32

After-Tax Average Annual Total Returns [further-information] As of 05/31/2020

Month EndAs of 05/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 0.40 3.50 4.02 8.20
Fund without Sales Charge (%) (NAV) After Shares Sold 1.71 3.60 3.99 7.42
Fund with Sales Charge (%) (POP) Before Shares Sold -0.57 3.50 4.02 8.20
Fund with Sales Charge (%) (POP) After Shares Sold 1.14 3.60 3.99 7.42
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -13.95 -0.77 1.48 6.02
Fund without Sales Charge (%) (NAV) After Shares Sold -6.81 0.42 2.11 5.62
Fund with Sales Charge (%) (POP) Before Shares Sold -14.78 -0.77 1.48 6.02
Fund with Sales Charge (%) (POP) After Shares Sold -7.30 0.42 2.11 5.62

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 24.51 -5.36 15.07 10.92 -1.61 8.26 28.40 10.97 0.70 14.99
Fund with Sales Charge (%) (POP) 23.51 -6.25 14.07 9.92 -2.55 7.26 27.40 9.97 -0.29 13.99
Russell 1000 Value Index (%) 26.54 -8.27 13.66 17.34 -3.83 13.45 32.53 17.51 0.39 15.51
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 05/31/2020

Month EndAs of 05/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/02/1995
Fund without Sales Charge (%) (NAV) -1.71 -11.74 1.59 14.82 29.18 140.70 348.14
Fund with Sales Charge (%) (POP) -2.69 -12.62 0.62 14.82 29.18 140.70 348.14
Russell 1000 Value Index (%) -4.61 -15.70 -1.64 8.02 23.77 155.77 617.42
S&P 500 Index (%) 3.59 -4.97 12.84 33.95 60.05 244.08 737.47
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/02/1995
Fund without Sales Charge (%) (NAV) -22.88 -22.88 -12.93 1.20 14.21 96.41 291.59
Fund with Sales Charge (%) (POP) -23.64 -23.64 -13.77 1.20 14.21 96.41 291.59
Russell 1000 Value Index (%) -26.73 -26.73 -17.17 -6.39 9.89 109.31 523.55
S&P 500 Index (%) -19.60 -19.60 -6.98 16.11 38.47 172.10 608.56

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

3 YR 5 YR 10 YR
Standard Deviation (Fund) 15.68 13.55 12.56
Standard Deviation (Russell 1000 Value Index) 17.84 15.52 14.09
Beta 0.87 0.86 0.88
Sharpe Ratio 0.17 0.33 0.72
Information Ratio 0.81 0.33 -0.29
Tracking Error 3.03 2.98 2.93

SALES CHARGE, EXPENSES & FEES As of 03/01/2020 (updated annually)

Gross Expense Ratio 1.62%
Net Expense Ratio [further-information] 1.61%
Max Initial Sales Charge 0.00%
CDSC 1.00%

Volatility Measures [further-information] As of 06/30/2020 Updated Monthly, based on a 3-year period

Beta 0.87
Sharpe Ratio 0.17
Standard Deviation 15.68

Benchmarks

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

  • Russell 1000 Value Index
  • S&P 500 Index