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) -8.17 2.42 2.83 5.89 5.88
Fund with Sales Charge (%) (POP) -13.22 0.51 1.67 5.29 5.62
Blended Benchmark (%) -7.82 2.48 3.41 6.87 6.11
MSCI All Country World Index (%) -10.76 2.05 3.41 6.45 5.85
Bloomberg Barclays Multiverse Index (%) 3.47 3.36 2.67 2.58
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/31/1996
Fund without Sales Charge (%) (NAV) -8.17 2.42 2.83 5.89 5.88
Fund with Sales Charge (%) (POP) -13.22 0.51 1.67 5.29 5.62
Blended Benchmark (%) -7.82 2.48 3.41 6.87 6.11
MSCI All Country World Index (%) -10.76 2.05 3.41 6.45 5.85
Bloomberg Barclays Multiverse Index (%) 3.47 3.36 2.67 2.58

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 -10.39 0.31 1.07 4.70
Fund without Sales Charge (%) (NAV) After Shares Sold -2.71 2.03 2.24 4.70
Fund with Sales Charge (%) (POP) Before Shares Sold -15.33 -1.56 -0.07 4.11
Fund with Sales Charge (%) (POP) After Shares Sold -5.82 0.56 1.34 4.23
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -10.39 0.31 1.07 4.70
Fund without Sales Charge (%) (NAV) After Shares Sold -2.71 2.03 2.24 4.70
Fund with Sales Charge (%) (POP) Before Shares Sold -15.33 -1.56 -0.07 4.11
Fund with Sales Charge (%) (POP) After Shares Sold -5.82 0.56 1.34 4.23

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 21.90 -6.45 19.45 5.36 -1.66 4.95 20.98 10.52 -3.15 14.31
Fund with Sales Charge (%) (POP) 15.21 -11.62 12.60 -0.71 -7.30 -1.07 14.06 4.14 -8.71 7.76
Blended Benchmark (%) 23.16 -7.32 21.06 7.44 -2.00 7.61 22.74 13.98 -0.41 11.76
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) -16.22 -16.22 -8.17 7.44 14.95 77.21 277.54
Fund with Sales Charge (%) (POP) -20.85 -20.85 -13.22 1.54 8.63 67.52 256.84
Blended Benchmark (%) -17.44 -17.44 -7.82 7.62 18.25 94.37 296.91
MSCI All Country World Index (%) -21.26 -21.26 -10.76 6.28 18.27 86.80 274.77
Bloomberg Barclays Multiverse Index (%) -1.11 -1.11 3.47 10.44 14.08 28.99
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) -16.22 -16.22 -8.17 7.44 14.95 77.21 277.54
Fund with Sales Charge (%) (POP) -20.85 -20.85 -13.22 1.54 8.63 67.52 256.84
Blended Benchmark (%) -17.44 -17.44 -7.82 7.62 18.25 94.37 296.91
MSCI All Country World Index (%) -21.26 -21.26 -10.76 6.28 18.27 86.80 274.77
Bloomberg Barclays Multiverse Index (%) -1.11 -1.11 3.47 10.44 14.08 28.99

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

3 YR 5 YR 10 YR
Standard Deviation (Fund) 11.75 10.79 10.63
Standard Deviation (Blended Benchmark) 12.03 11.15 10.98
Alpha -0.04 -0.47 -0.64
Beta 0.97 0.95 0.95
Sharpe Ratio 0.06 0.16 0.50
Information Ratio -0.03 -0.31 -0.48
Tracking Error 1.69 1.91 2.03
R-Squared 0.98 0.97 0.97

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

3 YR 5 YR 10 YR
Correlation Coefficient 0.99 0.99 0.98
Beta Bull 0.95 0.91 0.96
Beta Bear 1.02 1.04 1.04
Bull Bear Capture Ratio 0.99 0.96 0.95
Gains/Losses 1.23 1.28 1.57

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

Gross Expense Ratio 1.21%
Net Expense Ratio [further-information] 1.18%
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 0.97
Alpha -0.04
Sharpe Ratio 0.06
R-Squared 0.98
Standard Deviation 11.75

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