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 08/03/1998
Fund without Sales Charge (%) (NAV) 4.69 3.46 2.81 4.13 5.22
Fund with Sales Charge (%) (POP) 4.69 3.46 2.81 4.13 5.22
Bloomberg Barclays US Aggregate Index (%) 9.42 5.07 3.94 3.92 5.01
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 08/03/1998
Fund without Sales Charge (%) (NAV) 0.71 2.12 1.57 3.62 4.99
Fund with Sales Charge (%) (POP) 0.71 2.12 1.57 3.62 4.99
Bloomberg Barclays US Aggregate Index (%) 8.93 4.82 3.36 3.88 4.94

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 3.09 2.10 1.46 2.56
Fund without Sales Charge (%) (NAV) After Shares Sold 2.76 2.05 1.54 2.54
Fund with Sales Charge (%) (POP) Before Shares Sold 3.09 2.10 1.46 2.56
Fund with Sales Charge (%) (POP) After Shares Sold 2.76 2.05 1.54 2.54
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -0.90 0.78 0.25 2.06
Fund without Sales Charge (%) (NAV) After Shares Sold 0.45 1.06 0.61 2.16
Fund with Sales Charge (%) (POP) Before Shares Sold -0.90 0.78 0.25 2.06
Fund with Sales Charge (%) (POP) After Shares Sold 0.45 1.06 0.61 2.16

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013
Fund without Sales Charge (%) (NAV) 9.55 -1.45 3.91 3.20 -1.19 6.36 -0.66
Fund with Sales Charge (%) (POP) 9.55 -1.45 3.91 3.20 -1.19 6.36 -0.66
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 08/03/1998
Fund without Sales Charge (%) (NAV) -1.49 1.46 4.69 10.75 14.85 49.83 203.64
Fund with Sales Charge (%) (POP) -1.49 1.46 4.69 10.75 14.85 49.83 203.64
Bloomberg Barclays US Aggregate Index (%) 1.65 5.47 9.42 15.98 21.34 46.89 190.83
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/03/1998
Fund without Sales Charge (%) (NAV) -4.01 -4.01 0.71 6.49 8.08 42.66 187.27
Fund with Sales Charge (%) (POP) -4.01 -4.01 0.71 6.49 8.08 42.66 187.27
Bloomberg Barclays US Aggregate Index (%) 3.15 3.15 8.93 15.18 17.96 46.37 184.43

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

3 YR 5 YR 10 YR
Standard Deviation (Fund) 5.42 4.58 3.98
Standard Deviation (Bloomberg Barclays US Aggregate Index) 3.23 3.05 2.93
Sharpe Ratio 0.44 0.50 0.89
Information Ratio -0.31 -0.26 0.11
Tracking Error 4.12 3.38 2.83

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

Gross Expense Ratio 0.56%
Net Expense Ratio [further-information] 0.51%
Max Initial Sales Charge 0.00%
CDSC

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

Sharpe Ratio 0.44
Standard Deviation 5.42

Benchmarks

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

  • Bloomberg Barclays US Aggregate Index