Average Annual Total Returns [further-information] As of 10/31/2019

Month EndAs of 10/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 11/17/2004
Fund without Sales Charge (%) (NAV) 3.38 1.52 1.11 1.61 2.30
Fund with Sales Charge (%) (POP) 2.38 1.52 1.11 1.61 2.30
Bloomberg Barclays US Government & Credit (1-3 Year) Index (%) 4.89 1.95 1.60 1.52 2.46
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 11/17/2004
Fund without Sales Charge (%) (NAV) 3.06 1.53 1.10 1.63 2.31
Fund with Sales Charge (%) (POP) 2.06 1.53 1.10 1.63 2.31
Bloomberg Barclays US Government & Credit (1-3 Year) Index (%) 4.64 1.82 1.59 1.52 2.45

After-Tax Average Annual Total Returns [further-information] As of 10/31/2019

Month EndAs of 10/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.21 0.53 0.21 0.69
Fund without Sales Charge (%) (NAV) After Shares Sold 1.99 0.73 0.45 0.86
Fund with Sales Charge (%) (POP) Before Shares Sold 1.21 0.53 0.21 0.69
Fund with Sales Charge (%) (POP) After Shares Sold 1.40 0.73 0.45 0.86
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 1.89 0.55 0.21 0.72
Fund without Sales Charge (%) (NAV) After Shares Sold 1.80 0.74 0.44 0.88
Fund with Sales Charge (%) (POP) Before Shares Sold 0.89 0.55 0.21 0.72
Fund with Sales Charge (%) (POP) After Shares Sold 1.21 0.74 0.44 0.88

Calendar Year Returns

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

Cumulative Total Returns [further-information] As of 10/31/2019

Month EndAs of 10/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 11/17/2004
Fund without Sales Charge (%) (NAV) 0.36 3.54 3.38 4.64 5.68 17.28 40.57
Fund with Sales Charge (%) (POP) -0.64 2.54 2.38 4.64 5.68 17.28 40.57
Bloomberg Barclays US Government & Credit (1-3 Year) Index (%) 1.10 3.78 4.89 5.95 8.27 16.34 43.72
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 11/17/2004
Fund without Sales Charge (%) (NAV) 0.28 3.41 3.06 4.67 5.62 17.54 40.40
Fund with Sales Charge (%) (POP) -0.72 2.41 2.06 4.67 5.62 17.54 40.40
Bloomberg Barclays US Government & Credit (1-3 Year) Index (%) 0.69 3.42 4.64 5.55 8.20 16.30 43.22

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

3 YR 5 YR 10 YR
Standard Deviation (Fund) 0.87 1.01
Standard Deviation (Bloomberg Barclays US Government & Credit (1-3 Year) Index) 0.97 0.91 0.84
Sharpe Ratio -0.04 0.13
Information Ratio -0.48 -0.48
Tracking Error 0.88 1.02

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

3 YR 5 YR 10 YR
Beta Bull 0.23 0.21
Beta Bear 0.31 0.56
Bull Bear Capture Ratio 1.41 1.12
% of Positive Months 63.89 63.33
Gains/Losses 4.23 2.30
Maximum Drawdown
0.57 2.24

SALES CHARGE, EXPENSES & FEES As of 03/01/2019 (updated annually)

Gross Expense Ratio 1.37%
Net Expense Ratio [further-information] 1.12%
Max Initial Sales Charge 0.00%
CDSC 1.00%

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

Sharpe Ratio -0.04
Standard Deviation 0.87

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