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 07/03/2006
Fund without Sales Charge (%) (NAV) 4.44 5.30 5.23 8.12 6.33
Fund with Sales Charge (%) (POP) 4.44 5.30 5.23 8.12 6.33
Blended 50% MSCI USA High Dividend Yield Index + 25% ICE BofAML US Corporate & High Yield Index + 25% Bloomberg Barclays US Aggregate Index (%) 6.83 5.85 6.53 8.84 7.27
Bloomberg Barclays US Aggregate Index (%) 9.42 5.07 3.94 3.92 4.76
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/03/2006
Fund without Sales Charge (%) (NAV) -5.28 2.17 3.45 6.74 5.68
Fund with Sales Charge (%) (POP) -5.28 2.17 3.45 6.74 5.68
Blended 50% MSCI USA High Dividend Yield Index + 25% ICE BofAML US Corporate & High Yield Index + 25% Bloomberg Barclays US Aggregate Index (%) -3.59 3.42 4.88 7.66 6.68
Bloomberg Barclays US Aggregate Index (%) 8.93 4.82 3.36 3.88 4.65

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 1.87 3.41 3.57 6.59
Fund without Sales Charge (%) (NAV) After Shares Sold 3.34 3.60 3.61 6.11
Fund with Sales Charge (%) (POP) Before Shares Sold 1.87 3.41 3.57 6.59
Fund with Sales Charge (%) (POP) After Shares Sold 3.34 3.60 3.61 6.11
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -7.53 0.38 1.85 5.25
Fund without Sales Charge (%) (NAV) After Shares Sold -2.25 1.34 2.33 5.02
Fund with Sales Charge (%) (POP) Before Shares Sold -7.53 0.38 1.85 5.25
Fund with Sales Charge (%) (POP) After Shares Sold -2.25 1.34 2.33 5.02

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013
Fund without Sales Charge (%) (NAV) 18.39 -2.82 9.95 12.34 -2.57 8.01 13.51
Fund with Sales Charge (%) (POP) 18.39 -2.82 9.95 12.34 -2.57 8.01 13.51
Blended 50% MSCI USA High Dividend Yield Index + 25% ICE BofAML US Corporate & High Yield Index + 25% Bloomberg Barclays US Aggregate Index (%) 17.06 -1.49 12.14 10.71 0.34 10.56 13.20
Bloomberg Barclays US Aggregate Index (%) 8.72 0.01 3.54 2.65 0.55 5.95 -2.02

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 07/03/2006
Fund without Sales Charge (%) (NAV) -0.26 -4.83 4.44 16.76 29.03 118.34 134.70
Fund with Sales Charge (%) (POP) -0.26 -4.83 4.44 16.76 29.03 118.34 134.70
Blended 50% MSCI USA High Dividend Yield Index + 25% ICE BofAML US Corporate & High Yield Index + 25% Bloomberg Barclays US Aggregate Index (%) 0.42 -3.44 6.83 18.59 37.22 133.31 165.39
Bloomberg Barclays US Aggregate Index (%) 1.65 5.47 9.42 15.98 21.34 46.89 90.94
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/03/2006
Fund without Sales Charge (%) (NAV) -13.39 -13.39 -5.28 6.67 18.48 92.03 113.58
Fund with Sales Charge (%) (POP) -13.39 -13.39 -5.28 6.67 18.48 92.03 113.58
Blended 50% MSCI USA High Dividend Yield Index + 25% ICE BofAML US Corporate & High Yield Index + 25% Bloomberg Barclays US Aggregate Index (%) -11.55 -11.55 -3.59 10.62 26.89 109.24 143.10
Bloomberg Barclays US Aggregate Index (%) 3.15 3.15 8.93 15.18 17.96 46.37 86.73

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 05/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 9.15 8.57 8.56
Standard Deviation (Blended 50% MSCI USA High Dividend Yield Index + 25% ICE BofAML US Corporate & High Yield Index + 25% Bloomberg Barclays US Aggregate Index) 8.63 7.65 6.59
Beta 1.03 1.07 1.18
Sharpe Ratio 0.40 0.48 0.88
Information Ratio -0.26 -0.49 -0.19
Tracking Error 2.06 2.64 3.71

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

Gross Expense Ratio 0.64%
Net Expense Ratio [further-information] 0.60%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 05/31/2020 Updated Monthly, based on a 3-year period

Beta 1.03
Sharpe Ratio 0.40
Standard Deviation 9.15

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% ICE BofAML US Corporate & High Yield Index + 25% Bloomberg Barclays US Aggregate Index
  • Bloomberg Barclays US Aggregate Index