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 11/17/2004
Fund without Sales Charge (%) (NAV) -0.27 1.09 1.11 1.65 2.55
Fund with Sales Charge (%) (POP) -2.48 0.31 0.66 1.42 2.40
Bloomberg Barclays US Government & Credit (1-3 Year) Index (%) 4.57 2.79 2.06 1.66 2.55
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 11/17/2004
Fund without Sales Charge (%) (NAV) -4.30 -0.41 0.19 1.14 2.26
Fund with Sales Charge (%) (POP) -6.43 -1.17 -0.26 0.91 2.11
Bloomberg Barclays US Government & Credit (1-3 Year) Index (%) 4.53 2.58 1.90 1.62 2.52

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 -1.56 -0.11 0.05 0.63
Fund without Sales Charge (%) (NAV) After Shares Sold -0.15 0.33 0.39 0.84
Fund with Sales Charge (%) (POP) Before Shares Sold -3.75 -0.87 -0.40 0.40
Fund with Sales Charge (%) (POP) After Shares Sold -1.47 -0.26 0.04 0.66
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -5.64 -1.58 -0.85 0.12
Fund without Sales Charge (%) (NAV) After Shares Sold -2.50 -0.78 -0.29 0.47
Fund with Sales Charge (%) (POP) Before Shares Sold -7.74 -2.33 -1.30 -0.11
Fund with Sales Charge (%) (POP) After Shares Sold -3.76 -1.35 -0.63 0.29

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 4.48 0.59 1.22 2.67 -0.59 1.01 1.22 4.08 0.60 4.79
Fund with Sales Charge (%) (POP) 2.12 -1.62 -1.09 0.40 -2.82 -1.23 -1.10 1.76 -1.69 2.47
Bloomberg Barclays US Government & Credit (1-3 Year) Index (%) 4.03 1.60 0.84 1.28 0.65 0.77 0.65 1.26 1.59 2.80

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 11/17/2004
Fund without Sales Charge (%) (NAV) -2.41 -1.84 -0.27 3.29 5.69 17.82 47.96
Fund with Sales Charge (%) (POP) -4.59 -4.04 -2.48 0.94 3.32 15.11 44.64
Bloomberg Barclays US Government & Credit (1-3 Year) Index (%) 1.28 2.67 4.57 8.61 10.73 17.95 47.92
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 11/17/2004
Fund without Sales Charge (%) (NAV) -6.45 -6.45 -4.30 -1.23 0.98 12.02 41.02
Fund with Sales Charge (%) (POP) -8.54 -8.54 -6.43 -3.48 -1.28 9.47 37.85
Bloomberg Barclays US Government & Credit (1-3 Year) Index (%) 1.69 1.69 4.53 7.95 9.85 17.47 46.50

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

3 YR 5 YR 10 YR
Standard Deviation (Fund) 4.70 3.72 2.87
Standard Deviation (Bloomberg Barclays US Government & Credit (1-3 Year) Index) 1.02 0.96 0.81
Sharpe Ratio -0.04 0.08 0.40
Information Ratio -0.30 -0.19 0.03
Tracking Error 4.71 3.73 2.81

ADDITIONAL RISK STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.83 0.60 0.75
Beta Bear 0.63 0.67 0.79
Bull Bear Capture Ratio -23.50 2.69 1.14
Gains/Losses 1.60 1.74 2.09

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

Gross Expense Ratio 0.96%
Net Expense Ratio [further-information] 0.71%
Max Initial Sales Charge 2.25%
CDSC 1.00%

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

Sharpe Ratio -0.04
Standard Deviation 4.70

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