Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 08/15/2003
Fund without Sales Charge (%) (NAV) -1.51 5.30 3.26 7.20 6.08
Fund with Sales Charge (%) (POP) -6.90 3.33 2.10 6.59 5.71
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 08/15/2003
Fund without Sales Charge (%) (NAV) -1.51 5.30 3.26 7.20 6.08
Fund with Sales Charge (%) (POP) -6.90 3.33 2.10 6.59 5.71
S&P 500 Index (%) 4.25 13.40 10.84 13.24 9.28
MSCI World Index (%) 2.42 10.83 7.79 9.62 8.38

After-Tax Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -2.49 4.38 2.37 6.34
Fund without Sales Charge (%) (NAV) After Shares Sold -0.69 3.89 2.33 5.63
Fund with Sales Charge (%) (POP) Before Shares Sold -7.83 2.42 1.22 5.73
Fund with Sales Charge (%) (POP) After Shares Sold -3.89 2.36 1.44 5.11
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -2.49 4.38 2.37 6.34
Fund without Sales Charge (%) (NAV) After Shares Sold -0.69 3.89 2.33 5.63
Fund with Sales Charge (%) (POP) Before Shares Sold -7.83 2.42 1.22 5.73
Fund with Sales Charge (%) (POP) After Shares Sold -3.89 2.36 1.44 5.11

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) -9.82 11.20 13.52 -6.18 2.92 23.64 16.76 -1.95 10.61 31.05
Fund with Sales Charge (%) (POP) -14.80 4.82 7.00 -11.56 -3.03 16.53 10.08 -7.60 4.25 23.48
S&P 500 Index (%) -4.38 21.83 11.96 1.38 13.69 32.39 16.00 2.11 15.06 26.46
MSCI World Index (%) -8.20 23.07 8.15 -0.32 5.50 27.37 16.54 -5.02 12.34 30.79

Cumulative Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/15/2003
Fund without Sales Charge (%) (NAV) 0.07 11.10 -1.51 16.77 17.38 100.48 159.03
Fund with Sales Charge (%) (POP) -5.46 4.95 -6.90 10.32 10.95 89.37 144.83
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/15/2003
Fund without Sales Charge (%) (NAV) 0.07 11.10 -1.51 16.77 17.38 100.48 159.03
Fund with Sales Charge (%) (POP) -5.46 4.95 -6.90 10.32 10.95 89.37 144.83
S&P 500 Index (%) 1.70 20.55 4.25 45.80 67.27 246.74 318.30
MSCI World Index (%) 0.66 18.15 2.42 36.11 45.51 150.48 266.33

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

3 YR 5 YR 10 YR
Standard Deviation (Fund) 10.19 10.62 11.34
Standard Deviation (S&P 500 Index) 11.90 11.82 12.46
Alpha -5.64 -5.08 -3.80
Beta 0.80 0.84 0.85
Sharpe Ratio 0.42 0.25 0.61
Information Ratio -2.02 -1.63 -1.42
Tracking Error 4.47 4.38 4.35
R-Squared 0.86 0.86 0.88

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

3 YR 5 YR 10 YR
Correlation Coefficient 0.93 0.93 0.94
Beta Bull 0.77 0.80 0.83
Beta Bear 0.68 0.75 0.80
Bull Bear Capture Ratio 0.63 0.66 0.74
% of Positive Months 66.67 58.33 62.50
Gains/Losses 1.60 1.34 1.67
Maximum Drawdown
13.16 15.23 17.43

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

Gross Expense Ratio 0.99%
Net Expense Ratio [further-information] 0.99%
Max Initial Sales Charge 5.50%
CDSC

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

Beta 0.80
Sharpe Ratio 0.42
Standard Deviation 10.19

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