Average Annual Total Returns [further-information] As of 04/30/2020

Month EndAs of 04/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/31/1996
Fund without Sales Charge (%) (NAV) -1.78 5.31 4.89 7.10 6.64
Fund with Sales Charge (%) (POP) -1.78 5.31 4.89 7.10 6.64
Blended Benchmark (%) -2.14 4.94 4.67 7.73 6.48
MSCI All Country World Index (%) -4.43 5.03 4.93 7.52 6.29
Bloomberg Barclays Multiverse Index (%) 5.84 3.66 2.84 2.78
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/31/1996
Fund without Sales Charge (%) (NAV) -7.86 2.80 3.21 6.31 6.25
Fund with Sales Charge (%) (POP) -7.86 2.80 3.21 6.31 6.25
Blended Benchmark (%) -7.82 2.48 3.41 6.87 6.11
MSCI All Country World Index (%) -10.76 2.05 3.41 6.45 5.85
Bloomberg Barclays Multiverse Index (%) 3.47 3.36 2.67 2.58

After-Tax Average Annual Total Returns [further-information] As of 04/30/2020

Month EndAs of 04/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -4.23 3.06 3.01 5.81
Fund without Sales Charge (%) (NAV) After Shares Sold 0.95 4.07 3.71 5.61
Fund with Sales Charge (%) (POP) Before Shares Sold -4.23 3.06 3.01 5.81
Fund with Sales Charge (%) (POP) After Shares Sold 0.95 4.07 3.71 5.61
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -10.16 0.60 1.36 5.03
Fund without Sales Charge (%) (NAV) After Shares Sold -2.47 2.31 2.53 5.03
Fund with Sales Charge (%) (POP) Before Shares Sold -10.16 0.60 1.36 5.03
Fund with Sales Charge (%) (POP) After Shares Sold -2.47 2.31 2.53 5.03

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011
Fund without Sales Charge (%) (NAV) 22.30 -6.07 19.90 5.77 -1.27 5.38 21.46
Fund with Sales Charge (%) (POP) 22.30 -6.07 19.90 5.77 -1.27 5.38 21.46
Blended Benchmark (%) 23.16 -7.32 21.06 7.44 -2.00 7.61 22.74 13.98 -0.41
MSCI All Country World Index (%) 27.30 -8.93 24.62 8.49 -1.84 4.71 23.44 16.80 -6.86
Bloomberg Barclays Multiverse Index (%) 7.13 -1.36 7.69 2.84 -3.29 0.47 -2.19 4.84 5.55

Cumulative Total Returns [further-information] As of 04/30/2020

Month EndAs of 04/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/31/1996
Fund without Sales Charge (%) (NAV) -8.15 -8.35 -1.78 16.79 26.97 98.54 347.62
Fund with Sales Charge (%) (POP) -8.15 -8.35 -1.78 16.79 26.97 98.54 347.62
Blended Benchmark (%) -9.43 -9.99 -2.14 15.57 25.65 110.58 332.71
MSCI All Country World Index (%) -11.83 -12.78 -4.43 15.86 27.24 106.45 315.11
Bloomberg Barclays Multiverse Index (%) -0.27 0.91 5.84 11.40 15.05 31.51
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) -16.16 -16.16 -7.86 8.63 17.12 84.35 309.47
Fund with Sales Charge (%) (POP) -16.16 -16.16 -7.86 8.63 17.12 84.35 309.47
Blended Benchmark (%) -17.44 -17.44 -7.82 7.62 18.25 94.37 296.91
MSCI All Country World Index (%) -21.26 -21.26 -10.76 6.28 18.27 86.80 274.77
Bloomberg Barclays Multiverse Index (%) -1.11 -1.11 3.47 10.44 14.08 28.99

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 04/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 12.80 11.52 11.00
Standard Deviation (Blended Benchmark) 13.00 11.76 11.29
Alpha 0.42 0.31 -0.31
Beta 0.98 0.97 0.96
Sharpe Ratio 0.28 0.33 0.59
Information Ratio 0.21 0.12 -0.31
Tracking Error 1.72 1.77 2.03
R-Squared 0.98 0.98 0.97

ADDITIONAL RISK STATISTICSAs of 04/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Correlation Coefficient 0.99 0.99 0.98
Beta Bull 0.99 0.95 0.98
Beta Bear 1.02 1.04 1.04
Bull Bear Capture Ratio 1.02 1.02 0.98
% of Positive Months 72.22 68.33 64.17
Gains/Losses 1.46 1.46 1.69
Maximum Drawdown
16.16 16.16 16.16

SALES CHARGE, EXPENSES & FEES As of 05/01/2020 (updated annually)

Gross Expense Ratio 0.62%
Net Expense Ratio [further-information] 0.56%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 04/30/2020 Updated Monthly, based on a 3-year period

Beta 0.98
Alpha 0.42
Sharpe Ratio 0.28
R-Squared 0.98
Standard Deviation 12.80

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