Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 08/15/2003
Fund without Sales Charge (%) (NAV) -2.19 4.51 2.49 6.41 5.33
Fund with Sales Charge (%) (POP) -3.16 4.51 2.49 6.41 5.33
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 08/15/2003
Fund without Sales Charge (%) (NAV) -2.19 4.51 2.49 6.41 5.33
Fund with Sales Charge (%) (POP) -3.16 4.51 2.49 6.41 5.33
S&P 500 Index (%) 4.25 13.40 10.84 13.24 9.28
MSCI World Index (%) 2.42 10.83 7.79 9.62 8.38

After-Tax Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -2.69 3.91 1.87 5.78
Fund without Sales Charge (%) (NAV) After Shares Sold -1.19 3.36 1.82 5.04
Fund with Sales Charge (%) (POP) Before Shares Sold -3.65 3.91 1.87 5.78
Fund with Sales Charge (%) (POP) After Shares Sold -1.76 3.36 1.82 5.04
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -2.69 3.91 1.87 5.78
Fund without Sales Charge (%) (NAV) After Shares Sold -1.19 3.36 1.82 5.04
Fund with Sales Charge (%) (POP) Before Shares Sold -3.65 3.91 1.87 5.78
Fund with Sales Charge (%) (POP) After Shares Sold -1.76 3.36 1.82 5.04

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) -10.54 10.43 12.71 -6.85 2.12 22.69 15.87 -2.65 9.69 30.11
Fund with Sales Charge (%) (POP) -11.41 9.43 11.71 -7.76 1.13 21.69 14.87 -3.59 8.69 29.11
S&P 500 Index (%) -4.38 21.83 11.96 1.38 13.69 32.39 16.00 2.11 15.06 26.46
MSCI World Index (%) -8.20 23.07 8.15 -0.32 5.50 27.37 16.54 -5.02 12.34 30.79

Cumulative Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/15/2003
Fund without Sales Charge (%) (NAV) -0.07 10.52 -2.19 14.15 13.11 86.16 130.92
Fund with Sales Charge (%) (POP) -1.07 9.52 -3.16 14.15 13.11 86.16 130.92
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/15/2003
Fund without Sales Charge (%) (NAV) -0.07 10.52 -2.19 14.15 13.11 86.16 130.92
Fund with Sales Charge (%) (POP) -1.07 9.52 -3.16 14.15 13.11 86.16 130.92
S&P 500 Index (%) 1.70 20.55 4.25 45.80 67.27 246.74 318.30
MSCI World Index (%) 0.66 18.15 2.42 36.11 45.51 150.48 266.33

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 10/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 10.19 10.60 11.31
Standard Deviation (S&P 500 Index) 11.90 11.82 12.46
Alpha -6.37 -5.78 -4.50
Beta 0.80 0.83 0.85
Sharpe Ratio 0.34 0.18 0.54
Information Ratio -2.20 -1.81 -1.61
Tracking Error 4.48 4.38 4.36
R-Squared 0.86 0.86 0.88

ADDITIONAL RISK STATISTICSAs of 10/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Correlation Coefficient 0.93 0.93 0.94
Beta Bull 0.76 0.79 0.83
Beta Bear 0.68 0.75 0.80
Bull Bear Capture Ratio 0.60 0.62 0.70
% of Positive Months 66.67 58.33 62.50
Gains/Losses 1.51 1.27 1.59
Maximum Drawdown
13.73 15.72 17.67

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

Gross Expense Ratio 1.74%
Net Expense Ratio [further-information] 1.74%
Max Initial Sales Charge 0.00%
CDSC 1.00%

Volatility Measures [further-information] As of 10/31/2019 Updated Monthly, based on a 3-year period

Beta 0.80
Sharpe Ratio 0.34
Standard Deviation 10.19

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