Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 08/15/2003
Fund without Sales Charge (%) (NAV) 17.81 5.71 4.70 7.32 6.36
Fund with Sales Charge (%) (POP) 11.29 3.75 3.53 6.72 6.00
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
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 08/15/2003
Fund without Sales Charge (%) (NAV) 17.81 5.71 4.70 7.32 6.36
Fund with Sales Charge (%) (POP) 11.29 3.75 3.53 6.72 6.00
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 12/31/2019

No chart available for this data.
Month EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold
Fund without Sales Charge (%) (NAV) After Shares Sold
Fund with Sales Charge (%) (POP) Before Shares Sold
Fund with Sales Charge (%) (POP) After Shares Sold
No chart available for this data.
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold
Fund without Sales Charge (%) (NAV) After Shares Sold
Fund with Sales Charge (%) (POP) Before Shares Sold
Fund with Sales Charge (%) (POP) After Shares Sold

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 17.81 -9.82 11.20 13.52 -6.18 2.92 23.64 16.76 -1.95 10.61
Fund with Sales Charge (%) (POP) 11.29 -14.80 4.82 7.00 -11.56 -3.03 16.53 10.08 -7.60 4.25
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 12/31/2019

Month 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) 6.03 17.81 17.81 18.14 25.82 102.76 174.66
Fund with Sales Charge (%) (POP) 0.17 11.29 11.29 11.67 18.94 91.64 159.60
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
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) 6.03 17.81 17.81 18.14 25.82 102.76 174.66
Fund with Sales Charge (%) (POP) 0.17 11.29 11.29 11.67 18.94 91.64 159.60
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 12/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 10.17 10.66 11.31
Standard Deviation (S&P 500 Index) 11.93 11.88 12.40
Alpha -6.01 -4.77 -3.90
Beta 0.80 0.84 0.86
Sharpe Ratio 0.40 0.34 0.60
Information Ratio -2.17 -1.60 -1.47
Tracking Error 4.41 4.38 4.24
R-Squared 0.87 0.87 0.88

ADDITIONAL RISK STATISTICSAs of 12/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Correlation Coefficient 0.93 0.93 0.94
Beta Bull 0.77 0.80 0.85
Beta Bear 0.68 0.77 0.80
Bull Bear Capture Ratio 0.62 0.68 0.74
% of Positive Months 66.67 60.00 62.50
Gains/Losses 1.58 1.44 1.65
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 12/31/2019 Updated Monthly, based on a 3-year period

Beta 0.80
Sharpe Ratio 0.40
Standard Deviation 10.17

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