Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/31/1996
Fund without Sales Charge (%) (NAV) -3.85 2.12 2.23 4.20 5.52
Fund with Sales Charge (%) (POP) -3.85 2.12 2.23 4.20 5.52
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/31/1996
Fund without Sales Charge (%) (NAV) -3.85 2.12 2.23 4.20 5.52
Fund with Sales Charge (%) (POP) -3.85 2.12 2.23 4.20 5.52

After-Tax Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -5.77 0.40 0.73 2.88
Fund without Sales Charge (%) (NAV) After Shares Sold -1.24 1.38 1.46 3.00
Fund with Sales Charge (%) (POP) Before Shares Sold -5.77 0.40 0.73 2.88
Fund with Sales Charge (%) (POP) After Shares Sold -1.24 1.38 1.46 3.00
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -5.77 0.40 0.73 2.88
Fund without Sales Charge (%) (NAV) After Shares Sold -1.24 1.38 1.46 3.00
Fund with Sales Charge (%) (POP) Before Shares Sold -5.77 0.40 0.73 2.88
Fund with Sales Charge (%) (POP) After Shares Sold -1.24 1.38 1.46 3.00

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013
Fund without Sales Charge (%) (NAV) 13.64 -3.11 10.99 4.69 -1.93 3.79 10.81
Fund with Sales Charge (%) (POP) 13.64 -3.11 10.99 4.69 -1.93 3.79 10.81
Blended Benchmark (%) 15.03 -4.30 14.24 5.29 -2.51 6.83 9.76
MSCI All Country World Index (%) 27.30 -8.93 24.62 8.49 -1.84 4.71 23.44
Bloomberg Barclays Multiverse Index (%) 7.13 -1.36 7.69 2.84 -3.29 0.47 -2.19

Cumulative Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/31/1996
Fund without Sales Charge (%) (NAV) -9.44 -9.44 -3.85 6.50 11.68 50.97 248.75
Fund with Sales Charge (%) (POP) -9.44 -9.44 -3.85 6.50 11.68 50.97 248.75
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/31/1996
Fund without Sales Charge (%) (NAV) -9.44 -9.44 -3.85 6.50 11.68 50.97 248.75
Fund with Sales Charge (%) (POP) -9.44 -9.44 -3.85 6.50 11.68 50.97 248.75

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 03/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 7.00 6.63 6.52
Standard Deviation (Blended Benchmark) 7.02 6.75 6.13
Alpha -0.86 -0.70 -0.60
Beta 0.95 0.90 1.00
Sharpe Ratio 0.06 0.17 0.55
Information Ratio -0.46 -0.35 -0.29
Tracking Error 2.09 2.74 2.28
R-Squared 0.91 0.84 0.88

ADDITIONAL RISK STATISTICSAs of 03/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Correlation Coefficient 0.96 0.92 0.94
Beta Bull 0.78 0.83 0.98
Beta Bear 1.11 1.10 1.12
Bull Bear Capture Ratio 0.90 0.92 0.94
Gains/Losses 1.32 1.34 1.67

SALES CHARGE, EXPENSES & FEES As of 05/01/2019 (updated annually)

Gross Expense Ratio 0.91%
Net Expense Ratio [further-information] 0.80%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 03/31/2020 Updated Monthly, based on a 3-year period

Beta 0.95
Sharpe Ratio 0.06
Standard Deviation 7.00

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
  • Bloomberg Barclays Multiverse Index