Average Annual Total Returns [further-information] As of 02/29/2020

Month EndAs of 02/29/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 08/15/2003
Fund without Sales Charge (%) (NAV) 3.36 6.82 5.76 9.40 7.26
Fund with Sales Charge (%) (POP) -2.31 4.82 4.57 8.78 6.90
S&P 500 Index (%) 8.19 9.87 9.23 12.65 9.04
MSCI World Index (%) 5.23 7.84 6.48 9.36 8.10
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 08/15/2003
Fund without Sales Charge (%) (NAV) 25.79 11.95 8.34 10.13 7.86
Fund with Sales Charge (%) (POP) 18.86 9.87 7.11 9.52 7.49
S&P 500 Index (%) 31.49 15.28 11.70 13.56 9.71
MSCI World Index (%) 28.40 13.21 9.36 10.08 8.80

After-Tax Average Annual Total Returns [further-information] As of 02/29/2020

Month EndAs of 02/29/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 1.40 5.38 4.35 8.51
Fund without Sales Charge (%) (NAV) After Shares Sold 3.54 5.27 4.40 7.66
Fund with Sales Charge (%) (POP) Before Shares Sold -4.16 3.41 3.18 7.89
Fund with Sales Charge (%) (POP) After Shares Sold 0.09 3.72 3.46 7.12
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 23.41 10.45 6.89 9.23
Fund without Sales Charge (%) (NAV) After Shares Sold 16.90 9.23 6.38 8.25
Fund with Sales Charge (%) (POP) Before Shares Sold 16.61 8.39 5.69 8.62
Fund with Sales Charge (%) (POP) After Shares Sold 12.71 7.57 5.39 7.71

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 25.79 -7.10 20.07 7.64 -1.20 6.48 31.01 14.80 -2.90 13.13
Fund with Sales Charge (%) (POP) 18.86 -12.23 13.17 1.48 -6.89 0.38 23.46 8.18 -8.51 6.59
S&P 500 Index (%) 31.49 -4.38 21.83 11.96 1.38 13.69 32.39 16.00 2.11 15.06
MSCI World Index (%) 28.40 -8.20 23.07 8.15 -0.32 5.50 27.37 16.54 -5.02 12.34

Cumulative Total Returns [further-information] As of 02/29/2020

Month EndAs of 02/29/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/15/2003
Fund without Sales Charge (%) (NAV) -5.40 -7.63 3.36 21.88 32.32 145.56 218.95
Fund with Sales Charge (%) (POP) -10.59 -12.73 -2.31 15.15 25.05 131.99 201.46
S&P 500 Index (%) -5.50 -8.27 8.19 32.62 55.49 229.18 318.52
MSCI World Index (%) -6.18 -8.94 5.23 25.41 36.91 144.61 262.52
Quarter EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/15/2003
Fund without Sales Charge (%) (NAV) 7.99 25.79 25.79 40.31 49.23 162.50 245.31
Fund with Sales Charge (%) (POP) 2.07 18.86 18.86 32.61 41.00 148.17 226.38
S&P 500 Index (%) 9.07 31.49 31.49 53.17 73.86 256.66 356.24
MSCI World Index (%) 8.68 28.40 28.40 45.06 56.39 161.31 298.12

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 02/29/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 12.81 12.34 13.10
Standard Deviation (S&P 500 Index) 12.98 12.26 12.65
Alpha -2.59 -3.03 -3.00
Beta 0.97 0.98 1.01
Sharpe Ratio 0.40 0.38 0.67
Information Ratio -1.36 -1.26 -1.17
Tracking Error 2.25 2.75 2.79
R-Squared 0.97 0.95 0.95

ADDITIONAL RISK STATISTICSAs of 02/29/2020 (updated monthly)

3 YR 5 YR 10 YR
Correlation Coefficient 0.98 0.98 0.98
Beta Bull 1.01 0.92 1.02
Beta Bear 0.98 0.98 0.99
Bull Bear Capture Ratio 0.86 0.83 0.85
% of Positive Months 77.78 71.67 66.67
Gains/Losses 1.58 1.49 1.76
Maximum Drawdown
14.94 14.94 18.92

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

Gross Expense Ratio 1.04%
Net Expense Ratio [further-information] 1.04%
Max Initial Sales Charge 5.50%
CDSC

Volatility Measures [further-information] As of 02/29/2020 Updated Monthly, based on a 3-year period

Beta 0.97
Alpha -2.59
Sharpe Ratio 0.40
R-Squared 0.97
Standard Deviation 12.81

Benchmarks

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

  • S&P 500 Index
  • MSCI World Index