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 08/15/2003
Fund without Sales Charge (%) (NAV) -10.91 1.75 3.19 7.47 6.59
Fund with Sales Charge (%) (POP) -10.91 1.75 3.19 7.47 6.59
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 08/15/2003
Fund without Sales Charge (%) (NAV) -10.91 1.75 3.19 7.47 6.59
Fund with Sales Charge (%) (POP) -10.91 1.75 3.19 7.47 6.59

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 -12.64 0.32 1.75 6.53
Fund without Sales Charge (%) (NAV) After Shares Sold -4.72 1.57 2.54 6.08
Fund with Sales Charge (%) (POP) Before Shares Sold -12.64 0.32 1.75 6.53
Fund with Sales Charge (%) (POP) After Shares Sold -4.72 1.57 2.54 6.08
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -12.64 0.32 1.75 6.53
Fund without Sales Charge (%) (NAV) After Shares Sold -4.72 1.57 2.54 6.08
Fund with Sales Charge (%) (POP) Before Shares Sold -12.64 0.32 1.75 6.53
Fund with Sales Charge (%) (POP) After Shares Sold -4.72 1.57 2.54 6.08

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 26.10 -6.85 20.40 7.90 -0.96 6.79 31.38 15.11 -2.67 13.56
Fund with Sales Charge (%) (POP) 26.10 -6.85 20.40 7.90 -0.96 6.79 31.38 15.11 -2.67 13.56
S&P 500 Index (%) 31.49 -4.38 21.83 11.96 1.38 13.69 32.39 16.00 2.11 15.06
MSCI World Index (%) 28.40 -8.20 23.07 8.15 -0.32 5.50 27.37 16.54 -5.02 12.34

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 08/15/2003
Fund without Sales Charge (%) (NAV) -20.07 -20.07 -10.91 5.33 16.98 105.44 188.90
Fund with Sales Charge (%) (POP) -20.07 -20.07 -10.91 5.33 16.98 105.44 188.90
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/15/2003
Fund without Sales Charge (%) (NAV) -20.07 -20.07 -10.91 5.33 16.98 105.44 188.90
Fund with Sales Charge (%) (POP) -20.07 -20.07 -10.91 5.33 16.98 105.44 188.90

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

3 YR 5 YR 10 YR
Standard Deviation (Fund) 15.15 13.82 13.75
Standard Deviation (S&P 500 Index) 15.00 13.54 13.24
Alpha -3.18 -3.30 -2.90
Beta 1.00 1.00 1.02
Sharpe Ratio 0.00 0.15 0.50
Information Ratio -1.50 -1.29 -1.10
Tracking Error 2.24 2.74 2.78
R-Squared 0.98 0.96 0.96

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

3 YR 5 YR 10 YR
Correlation Coefficient 0.99 0.98 0.98
Beta Bull 1.04 0.93 1.02
Beta Bear 1.05 1.01 1.02
Bull Bear Capture Ratio 0.84 0.83 0.86
Gains/Losses 1.17 1.27 1.57

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

Gross Expense Ratio 0.79%
Net Expense Ratio [further-information] 0.79%
Max Initial Sales Charge 0.00%
CDSC

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

Beta 1.00
Alpha -3.18
Sharpe Ratio 0.00
R-Squared 0.98
Standard Deviation 15.15

Benchmarks

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

  • S&P 500 Index
  • MSCI World Index