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 03/15/1988
Fund without Sales Charge (%) (NAV) -3.17 5.43 6.81 10.83 8.74
Fund with Sales Charge (%) (POP) -3.17 5.43 6.81 10.83 8.74
Russell 1000 Value Index (%) -8.84 1.82 4.64 10.41 9.58
S&P 500 Index (%) 7.51 10.73 10.72 13.99 10.30
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 03/15/1988
Fund without Sales Charge (%) (NAV) -3.17 5.43 6.81 10.83 8.74
Fund with Sales Charge (%) (POP) -3.17 5.43 6.81 10.83 8.74
Russell 1000 Value Index (%) -8.84 1.82 4.64 10.41 9.58
S&P 500 Index (%) 7.51 10.73 10.72 13.99 10.30

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 -4.78 3.85 5.24 9.53
Fund without Sales Charge (%) (NAV) After Shares Sold -1.10 4.08 5.15 8.75
Fund with Sales Charge (%) (POP) Before Shares Sold -4.78 3.85 5.24 9.53
Fund with Sales Charge (%) (POP) After Shares Sold -1.10 4.08 5.15 8.75
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -4.78 3.85 5.24 9.53
Fund without Sales Charge (%) (NAV) After Shares Sold -1.10 4.08 5.15 8.75
Fund with Sales Charge (%) (POP) Before Shares Sold -4.78 3.85 5.24 9.53
Fund with Sales Charge (%) (POP) After Shares Sold -1.10 4.08 5.15 8.75

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013
Fund without Sales Charge (%) (NAV) 25.85 -4.33 16.41 12.20 -0.53 9.50 29.84
Fund with Sales Charge (%) (POP) 25.85 -4.33 16.41 12.20 -0.53 9.50 29.84
Russell 1000 Value Index (%) 26.54 -8.27 13.66 17.34 -3.83 13.45 32.53
S&P 500 Index (%) 31.49 -4.38 21.83 11.96 1.38 13.69 32.39

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 03/15/1988
Fund without Sales Charge (%) (NAV) 14.26 -11.61 -3.17 17.20 39.03 179.59 1,394.57
Fund with Sales Charge (%) (POP) 14.26 -11.61 -3.17 17.20 39.03 179.59 1,394.57
Russell 1000 Value Index (%) 14.29 -16.26 -8.84 5.57 25.46 169.23 1,816.76
S&P 500 Index (%) 20.54 -3.08 7.51 35.77 66.45 270.31 2,268.44
Quarter EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/15/1988
Fund without Sales Charge (%) (NAV) 14.26 -11.61 -3.17 17.20 39.03 179.59 1,394.57
Fund with Sales Charge (%) (POP) 14.26 -11.61 -3.17 17.20 39.03 179.59 1,394.57
Russell 1000 Value Index (%) 14.29 -16.26 -8.84 5.57 25.46 169.23 1,816.76
S&P 500 Index (%) 20.54 -3.08 7.51 35.77 66.45 270.31 2,268.44

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

3 YR 5 YR 10 YR
Standard Deviation (Fund) 15.68 13.56 12.57
Standard Deviation (Russell 1000 Value Index) 17.84 15.52 14.09
Beta 0.87 0.86 0.88
Sharpe Ratio 0.24 0.42 0.82
Information Ratio 1.19 0.73 0.14
Tracking Error 3.04 2.98 2.94

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

Gross Expense Ratio 0.54%
Net Expense Ratio [further-information] 0.52%
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 0.87
Sharpe Ratio 0.24
Standard Deviation 15.68

Benchmarks

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

  • Russell 1000 Value Index
  • S&P 500 Index