Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 04/02/1990
Fund without Sales Charge (%) (NAV) -16.85 -2.51 1.50 7.26 9.41
Fund with Sales Charge (%) (POP) -16.85 -2.51 1.50 7.26 9.41
Russell 3000 Value Index (%) -9.42 1.41 4.41 10.23 9.21
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 04/02/1990
Fund without Sales Charge (%) (NAV) -16.85 -2.51 1.50 7.26 9.41
Fund with Sales Charge (%) (POP) -16.85 -2.51 1.50 7.26 9.41
Russell 3000 Value Index (%) -9.42 1.41 4.41 10.23 9.21

After-Tax Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -18.32 -4.77 -0.96 4.80
Fund without Sales Charge (%) (NAV) After Shares Sold -8.36 -1.56 1.30 5.94
Fund with Sales Charge (%) (POP) Before Shares Sold -18.32 -4.77 -0.96 4.80
Fund with Sales Charge (%) (POP) After Shares Sold -8.36 -1.56 1.30 5.94
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -18.32 -4.77 -0.96 4.80
Fund without Sales Charge (%) (NAV) After Shares Sold -8.36 -1.56 1.30 5.94
Fund with Sales Charge (%) (POP) Before Shares Sold -18.32 -4.77 -0.96 4.80
Fund with Sales Charge (%) (POP) After Shares Sold -8.36 -1.56 1.30 5.94

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013
Fund without Sales Charge (%) (NAV) 24.93 -12.11 12.84 20.88 -9.03 1.14 37.09
Fund with Sales Charge (%) (POP) 24.93 -12.11 12.84 20.88 -9.03 1.14 37.09
Russell 3000 Value Index (%) 26.26 -8.58 13.19 18.40 -4.13 12.70 32.69

Cumulative Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/02/1990
Fund without Sales Charge (%) (NAV) 16.11 -23.51 -16.85 -7.35 7.75 101.59 1,417.81
Fund with Sales Charge (%) (POP) 16.11 -23.51 -16.85 -7.35 7.75 101.59 1,417.81
Russell 3000 Value Index (%) 14.55 -16.74 -9.42 4.28 24.11 164.78 1,334.74
Quarter EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/02/1990
Fund without Sales Charge (%) (NAV) 16.11 -23.51 -16.85 -7.35 7.75 101.59 1,417.81
Fund with Sales Charge (%) (POP) 16.11 -23.51 -16.85 -7.35 7.75 101.59 1,417.81
Russell 3000 Value Index (%) 14.55 -16.74 -9.42 4.28 24.11 164.78 1,334.74

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

3 YR 5 YR 10 YR
Standard Deviation (Fund) 21.71 18.91 16.85
Standard Deviation (Russell 3000 Value Index) 18.12 15.77 14.32
Beta 1.18 1.16 1.14
Sharpe Ratio -0.19 0.02 0.40
Information Ratio -0.79 -0.55 -0.62
Tracking Error 4.95 5.25 4.81

ADDITIONAL RISK STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 1.04 1.15 1.13
Beta Bear 1.28 1.24 1.28
Bull Bear Capture Ratio 0.93 0.90 0.87
% of Positive Months 69.44 63.33 65.00
Gains/Losses 1.00 1.16 1.49
Maximum Drawdown
34.13 34.13 34.13

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

Gross Expense Ratio 0.63%
Net Expense Ratio [further-information] 0.56%
Max Initial Sales Charge 0.00%
CDSC

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

Beta 1.18
Sharpe Ratio -0.19
Standard Deviation 21.71

Benchmarks

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

  • Russell 3000 Value Index