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 12/31/1996
Fund without Sales Charge (%) (NAV) 4.04 5.85 5.41 6.93 6.34
Fund with Sales Charge (%) (POP) 4.04 5.85 5.41 6.93 6.34
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/31/1996
Fund without Sales Charge (%) (NAV) 4.04 5.85 5.41 6.93 6.34
Fund with Sales Charge (%) (POP) 4.04 5.85 5.41 6.93 6.34

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 1.17 3.52 3.63 5.44
Fund without Sales Charge (%) (NAV) After Shares Sold 4.12 4.21 3.95 5.26
Fund with Sales Charge (%) (POP) Before Shares Sold 1.17 3.52 3.63 5.44
Fund with Sales Charge (%) (POP) After Shares Sold 4.12 4.21 3.95 5.26
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 1.17 3.52 3.63 5.44
Fund without Sales Charge (%) (NAV) After Shares Sold 4.12 4.21 3.95 5.26
Fund with Sales Charge (%) (POP) Before Shares Sold 1.17 3.52 3.63 5.44
Fund with Sales Charge (%) (POP) After Shares Sold 4.12 4.21 3.95 5.26

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 17.68 -4.57 15.20 5.26 -1.66 4.39 14.56 9.61 -1.24 12.31
Fund with Sales Charge (%) (POP) 17.68 -4.57 15.20 5.26 -1.66 4.39 14.56 9.61 -1.24 12.31
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 06/30/2020

Month EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/31/1996
Fund without Sales Charge (%) (NAV) 13.21 -0.89 4.04 18.59 30.17 95.42 324.21
Fund with Sales Charge (%) (POP) 13.21 -0.89 4.04 18.59 30.17 95.42 324.21
Quarter EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/31/1996
Fund without Sales Charge (%) (NAV) 13.21 -0.89 4.04 18.59 30.17 95.42 324.21
Fund with Sales Charge (%) (POP) 13.21 -0.89 4.04 18.59 30.17 95.42 324.21

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

3 YR 5 YR 10 YR
Standard Deviation (Fund) 10.23 9.23 8.44
Standard Deviation (Blended Benchmark) 10.36 9.37 8.29
Alpha 0.18 -0.28 -0.61
Beta 0.97 0.96 0.99
Sharpe Ratio 0.41 0.47 0.75
Information Ratio 0.03 -0.24 -0.38
Tracking Error 1.88 2.04 1.97
R-Squared 0.97 0.95 0.95

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

3 YR 5 YR 10 YR
Correlation Coefficient 0.98 0.98 0.97
Beta Bull 0.96 0.96 1.01
Beta Bear 1.03 1.07 1.10
Bull Bear Capture Ratio 1.01 0.98 0.96
Gains/Losses 1.62 1.63 1.91

SALES CHARGE, EXPENSES & FEES As of 05/01/2020 (updated annually)

Gross Expense Ratio 0.63%
Net Expense Ratio [further-information] 0.63%
Max Initial Sales Charge 0.00%
CDSC

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

Beta 0.97
Alpha 0.18
Sharpe Ratio 0.41
R-Squared 0.97
Standard Deviation 10.23

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