Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/31/1996
Fund without Sales Charge (%) (NAV) -5.87 2.29 2.50 4.85 5.68
Fund with Sales Charge (%) (POP) -11.04 0.38 1.35 4.26 5.43
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/31/1996
Fund without Sales Charge (%) (NAV) -5.87 2.29 2.50 4.85 5.68
Fund with Sales Charge (%) (POP) -11.04 0.38 1.35 4.26 5.43

After-Tax Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -7.95 0.29 0.85 3.52
Fund without Sales Charge (%) (NAV) After Shares Sold -1.89 1.71 1.84 3.66
Fund with Sales Charge (%) (POP) Before Shares Sold -13.01 -1.58 -0.28 2.93
Fund with Sales Charge (%) (POP) After Shares Sold -5.04 0.25 0.95 3.18
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -7.95 0.29 0.85 3.52
Fund without Sales Charge (%) (NAV) After Shares Sold -1.89 1.71 1.84 3.66
Fund with Sales Charge (%) (POP) Before Shares Sold -13.01 -1.58 -0.28 2.93
Fund with Sales Charge (%) (POP) After Shares Sold -5.04 0.25 0.95 3.18

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 17.40 -4.82 14.98 4.94 -1.89 4.07 14.35 9.34 -1.49 11.97
Fund with Sales Charge (%) (POP) 10.93 -10.06 8.35 -1.07 -7.54 -1.89 7.78 3.09 -7.17 5.52
Blended Benchmark (%) 19.07 -5.82 17.62 6.42 -2.22 7.13 14.48 10.66 1.80 9.97
MSCI All Country World Index (%) 27.30 -8.93 24.62 8.49 -1.84 4.71 23.44 16.80 -6.86 13.21
Bloomberg Barclays Multiverse Index (%) 7.13 -1.36 7.69 2.84 -3.29 0.47 -2.19 4.84 5.55 5.84

Cumulative Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/31/1996
Fund without Sales Charge (%) (NAV) -12.52 -12.52 -5.87 7.01 13.13 60.61 261.31
Fund with Sales Charge (%) (POP) -17.35 -17.35 -11.04 1.15 6.93 51.73 241.51
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/31/1996
Fund without Sales Charge (%) (NAV) -12.52 -12.52 -5.87 7.01 13.13 60.61 261.31
Fund with Sales Charge (%) (POP) -17.35 -17.35 -11.04 1.15 6.93 51.73 241.51

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 03/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 9.21 8.59 8.28
Standard Deviation (Blended Benchmark) 9.45 8.84 8.16
Alpha -0.48 -0.68 -0.78
Beta 0.96 0.94 0.99
Sharpe Ratio 0.06 0.16 0.52
Information Ratio -0.30 -0.38 -0.47
Tracking Error 1.77 2.16 1.95
R-Squared 0.96 0.94 0.95

ADDITIONAL RISK STATISTICSAs of 03/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Correlation Coefficient 0.98 0.97 0.97
Beta Bull 0.88 0.91 1.00
Beta Bear 1.03 1.08 1.09
Bull Bear Capture Ratio 0.95 0.93 0.94
Gains/Losses 1.27 1.30 1.60

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

Gross Expense Ratio 1.14%
Net Expense Ratio [further-information] 1.14%
Max Initial Sales Charge 5.50%
CDSC

Volatility Measures [further-information] As of 03/31/2020 Updated Monthly, based on a 3-year period

Beta 0.96
Alpha -0.48
Sharpe Ratio 0.06
R-Squared 0.96
Standard Deviation 9.21

Benchmarks

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

  • Blended Benchmark
  • MSCI All Country World Index
  • Bloomberg Barclays Multiverse Index