Average Annual Total Returns [further-information] As of 10/31/2019

Month EndAs of 10/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 11/17/2004
Fund without Sales Charge (%) (NAV) 3.78 1.93 1.53 2.02 2.74
Fund with Sales Charge (%) (POP) 1.46 1.15 1.07 1.79 2.59
Bloomberg Barclays US Government & Credit (1-3 Year) Index (%) 4.89 1.95 1.60 1.52 2.46
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 11/17/2004
Fund without Sales Charge (%) (NAV) 3.47 1.94 1.52 2.04 2.75
Fund with Sales Charge (%) (POP) 1.17 1.16 1.06 1.81 2.59
Bloomberg Barclays US Government & Credit (1-3 Year) Index (%) 4.64 1.82 1.59 1.52 2.45

After-Tax Average Annual Total Returns [further-information] As of 10/31/2019

Month EndAs of 10/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.44 0.78 0.49 1.00
Fund without Sales Charge (%) (NAV) After Shares Sold 2.23 0.97 0.70 1.12
Fund with Sales Charge (%) (POP) Before Shares Sold 0.14 0.01 0.04 0.77
Fund with Sales Charge (%) (POP) After Shares Sold 0.85 0.38 0.35 0.95
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.13 0.80 0.49 1.02
Fund without Sales Charge (%) (NAV) After Shares Sold 2.04 0.98 0.70 1.14
Fund with Sales Charge (%) (POP) Before Shares Sold -0.15 0.03 0.04 0.79
Fund with Sales Charge (%) (POP) After Shares Sold 0.68 0.39 0.35 0.96

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) 0.59 1.22 2.67 -0.59 1.01 1.22 4.08 0.60 4.79 8.24
Fund with Sales Charge (%) (POP) -1.62 -1.09 0.40 -2.82 -1.23 -1.10 1.76 -1.69 2.47 5.84
Bloomberg Barclays US Government & Credit (1-3 Year) Index (%) 1.60 0.84 1.28 0.65 0.77 0.65 1.26 1.59 2.80 3.83

Cumulative Total Returns [further-information] As of 10/31/2019

Month EndAs of 10/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 11/17/2004
Fund without Sales Charge (%) (NAV) 0.46 3.87 3.78 5.91 7.88 22.12 49.87
Fund with Sales Charge (%) (POP) -1.77 1.53 1.46 3.50 5.48 19.42 46.50
Bloomberg Barclays US Government & Credit (1-3 Year) Index (%) 1.10 3.78 4.89 5.95 8.27 16.34 43.72
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 11/17/2004
Fund without Sales Charge (%) (NAV) 0.38 3.71 3.47 5.94 7.81 22.35 49.64
Fund with Sales Charge (%) (POP) -1.84 1.37 1.17 3.53 5.41 19.65 46.27
Bloomberg Barclays US Government & Credit (1-3 Year) Index (%) 0.69 3.42 4.64 5.55 8.20 16.30 43.22

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 10/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 0.86 1.01 1.41
Standard Deviation (Bloomberg Barclays US Government & Credit (1-3 Year) Index) 0.97 0.91 0.84
Sharpe Ratio 0.43 0.54 1.06
Information Ratio -0.02 -0.07 0.38
Tracking Error 0.88 1.02 1.30

ADDITIONAL RISK STATISTICSAs of 10/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.22 0.20 0.59
Beta Bear 0.40 0.45 0.16
Bull Bear Capture Ratio 3.78 2.40 2.00
% of Positive Months 69.44 66.67 74.17
Gains/Losses 7.35 3.27 3.09
Maximum Drawdown
0.43 1.92 2.22

SALES CHARGE, EXPENSES & FEES As of 03/01/2019 (updated annually)

Gross Expense Ratio 0.97%
Net Expense Ratio [further-information] 0.72%
Max Initial Sales Charge 2.25%
CDSC 0.75%

Volatility Measures [further-information] As of 10/31/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.43
Standard Deviation 0.86

Benchmarks

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

  • Bloomberg Barclays US Government & Credit (1-3 Year) Index