Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 11/17/2004
Fund without Sales Charge (%) (NAV) -0.01 1.10 1.01 1.32 2.18
Fund with Sales Charge (%) (POP) -0.98 1.10 1.01 1.32 2.18
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 11/17/2004
Fund without Sales Charge (%) (NAV) -0.01 1.10 1.01 1.32 2.18
Fund with Sales Charge (%) (POP) -0.98 1.10 1.01 1.32 2.18

After-Tax Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -1.11 0.06 0.08 0.42
Fund without Sales Charge (%) (NAV) After Shares Sold -0.01 0.40 0.37 0.64
Fund with Sales Charge (%) (POP) Before Shares Sold -2.08 0.06 0.08 0.42
Fund with Sales Charge (%) (POP) After Shares Sold -0.58 0.40 0.37 0.64
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -1.11 0.06 0.08 0.42
Fund without Sales Charge (%) (NAV) After Shares Sold -0.01 0.40 0.37 0.64
Fund with Sales Charge (%) (POP) Before Shares Sold -2.08 0.06 0.08 0.42
Fund with Sales Charge (%) (POP) After Shares Sold -0.58 0.40 0.37 0.64

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012
Fund without Sales Charge (%) (NAV) 4.07 0.19 0.80 2.20 -0.89 0.55 0.78 3.75
Fund with Sales Charge (%) (POP) 3.07 -0.79 -0.19 1.20 -1.87 -0.43 -0.21 2.75
Bloomberg Barclays US Government & Credit (1-3 Year) Index (%) 4.03 1.60 0.84 1.28 0.65 0.77 0.65 1.26

Cumulative Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 11/17/2004
Fund without Sales Charge (%) (NAV) 6.05 -0.92 -0.01 3.33 5.15 13.98 40.00
Fund with Sales Charge (%) (POP) 5.05 -1.90 -0.98 3.33 5.15 13.98 40.00
Quarter EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 11/17/2004
Fund without Sales Charge (%) (NAV) 6.05 -0.92 -0.01 3.33 5.15 13.98 40.00
Fund with Sales Charge (%) (POP) 5.05 -1.90 -0.98 3.33 5.15 13.98 40.00

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 4.73 3.73 2.89
Standard Deviation (Bloomberg Barclays US Government & Credit (1-3 Year) Index) 1.02 0.96 0.81
Sharpe Ratio -0.11 -0.03 0.25
Information Ratio -0.37 -0.29 -0.11
Tracking Error 4.74 3.74 2.83

ADDITIONAL RISK STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.83 0.62 0.77
Beta Bear 0.69 0.77 0.76
Bull Bear Capture Ratio 1.33 1.01 0.71
Gains/Losses 1.44 1.50 1.77

SALES CHARGE, EXPENSES & FEES As of 03/01/2020 (updated annually)

Gross Expense Ratio 1.36%
Net Expense Ratio [further-information] 1.11%
Max Initial Sales Charge 0.00%
CDSC 1.00%

Volatility Measures [further-information] As of 06/30/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio -0.11
Standard Deviation 4.73

Benchmarks

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

  • Bloomberg Barclays US Government & Credit (1-3 Year) Index