Average Annual Total Returns [further-information] As of 05/31/2021

Performance data quoted represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or a loss when you sell your shares.
Month EndAs of 05/31/2021 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 08/15/2003
Fund without Sales Charge (%) (NAV) 26.10 4.37 6.20 5.37 5.53
Fund with Sales Charge (%) (POP) 25.10 4.37 6.20 5.37 5.53
Blended Benchmark (%) 25.33 10.05 9.68 6.63 7.02
MSCI All Country World Index-NR (%) 41.85 13.86 14.18 9.58 9.06
Quarter EndAs of 03/31/2021 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 08/15/2003
Fund without Sales Charge (%) (NAV) 32.86 3.50 5.95 5.30 5.36
Fund with Sales Charge (%) (POP) 31.86 3.50 5.95 5.30 5.36
Blended Benchmark (%) 32.17 8.52 8.98 6.40 6.84
MSCI All Country World Index-NR (%) 54.60 12.07 13.21 9.14 8.79

After-Tax Average Annual Total Returns [further-information] As of 05/31/2021

Month EndAs of 05/31/2021 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 23.51 3.24 5.30 4.62
Fund without Sales Charge (%) (NAV) After Shares Sold 16.12 3.04 4.61 4.10
Fund with Sales Charge (%) (POP) Before Shares Sold 22.51 3.24 5.30 4.62
Fund with Sales Charge (%) (POP) After Shares Sold 15.52 3.04 4.61 4.10
Quarter EndAs of 03/31/2021 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 30.13 2.37 5.05 4.55
Fund without Sales Charge (%) (NAV) After Shares Sold 20.24 2.44 4.43 4.06
Fund with Sales Charge (%) (POP) Before Shares Sold 29.13 2.37 5.05 4.55
Fund with Sales Charge (%) (POP) After Shares Sold 19.64 2.44 4.43 4.06

Calendar Year Returns

Performance data quoted represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or a loss when you sell your shares.
2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Fund without Sales Charge (%) (NAV) 0.79 16.91 -10.54 10.43 12.71 -6.85 2.12 22.69 15.87 -2.65
Fund with Sales Charge (%) (POP) -0.15 15.91 -11.41 9.43 11.71 -7.76 1.13 21.69 14.87 -3.59
Blended Benchmark (%) 13.18 18.04 -5.71 16.37 5.51 -2.15 2.73 12.37 11.01 -2.57
MSCI All Country World Index-NR (%) 16.25 26.60 -9.42 23.97 7.86 -2.36 4.16 22.80 16.13 -7.35

Cumulative Total Returns [further-information] As of 05/31/2021

Performance data quoted represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or a loss when you sell your shares.
Month EndAs of 05/31/2021 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/15/2003
Fund without Sales Charge (%) (NAV) 6.30 5.82 26.10 13.69 35.11 68.74 160.51
Fund with Sales Charge (%) (POP) 5.30 4.82 25.10 13.69 35.11 68.74 160.51
Blended Benchmark (%) 5.33 5.68 25.33 33.29 58.75 89.96 234.57
MSCI All Country World Index-NR (%) 8.83 10.84 41.85 47.61 94.02 149.66 368.29
Quarter EndAs of 03/31/2021 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/15/2003
Fund without Sales Charge (%) (NAV) 2.01 2.01 32.86 10.86 33.51 67.62 151.14
Fund with Sales Charge (%) (POP) 1.01 1.01 31.86 10.86 33.51 67.62 151.14
Blended Benchmark (%) 1.36 1.36 32.17 27.80 53.72 85.89 220.89
MSCI All Country World Index-NR (%) 4.57 4.57 54.60 40.77 85.98 139.90 341.80

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 05/31/2021 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 16.00 12.99 12.42
Standard Deviation (Blended Benchmark) 11.16 9.17 8.95
Alpha -7.72 -5.45 -2.75
Beta 1.37 1.32 1.32
Sharpe Ratio 0.19 0.39 0.39
Information Ratio -0.93 -0.64 -0.26
Tracking Error 6.11 5.45 4.88
R-Squared 0.92 0.88 0.90

ADDITIONAL RISK STATISTICSAs of 05/31/2021 (updated monthly)

3 YR 5 YR 10 YR
Correlation Coefficient 0.96 0.94 0.95
Beta Bull 1.21 1.17 1.23
Beta Bear 1.54 1.62 1.44
Bull Bear Capture Ratio 0.73 0.74 0.88
Gains/Losses 1.32 1.55 1.46

SALES CHARGE, EXPENSES & FEES As of 05/01/2021 (updated annually)

Gross Expense Ratio 1.77%
Net Expense Ratio [further-information] 1.73%
Max Initial Sales Charge 0.00%
CDSC 1.00%

Volatility Measures [further-information] As of 05/31/2021 Updated Monthly, based on a 3-year period

Beta 1.37
Sharpe Ratio 0.19
Standard Deviation 16.00

Benchmarks

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

  • Blended Benchmark
  • MSCI All Country World Index-NR