Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 08/15/2003
Fund without Sales Charge (%) (NAV) -0.63 10.16 7.42 10.23 7.78
Fund with Sales Charge (%) (POP) -0.63 10.16 7.42 10.23 7.78
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 08/15/2003
Fund without Sales Charge (%) (NAV) -0.63 10.16 7.42 10.23 7.78
Fund with Sales Charge (%) (POP) -0.63 10.16 7.42 10.23 7.78
S&P 500 Index (%) 4.25 13.40 10.84 13.24 9.28
MSCI World Index (%) 2.42 10.83 7.79 9.62 8.38

After-Tax Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -2.42 8.70 5.93 9.33
Fund without Sales Charge (%) (NAV) After Shares Sold 0.81 7.82 5.65 8.36
Fund with Sales Charge (%) (POP) Before Shares Sold -2.42 8.70 5.93 9.33
Fund with Sales Charge (%) (POP) After Shares Sold 0.81 7.82 5.65 8.36
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -2.42 8.70 5.93 9.33
Fund without Sales Charge (%) (NAV) After Shares Sold 0.81 7.82 5.65 8.36
Fund with Sales Charge (%) (POP) Before Shares Sold -2.42 8.70 5.93 9.33
Fund with Sales Charge (%) (POP) After Shares Sold 0.81 7.82 5.65 8.36

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) -6.85 20.40 7.90 -0.96 6.79 31.38 15.11 -2.67 13.56 33.01
Fund with Sales Charge (%) (POP) -6.85 20.40 7.90 -0.96 6.79 31.38 15.11 -2.67 13.56 33.01
S&P 500 Index (%) -4.38 21.83 11.96 1.38 13.69 32.39 16.00 2.11 15.06 26.46
MSCI World Index (%) -8.20 23.07 8.15 -0.32 5.50 27.37 16.54 -5.02 12.34 30.79

Cumulative Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/15/2003
Fund without Sales Charge (%) (NAV) -0.52 16.76 -0.63 33.68 43.02 164.93 234.65
Fund with Sales Charge (%) (POP) -0.52 16.76 -0.63 33.68 43.02 164.93 234.65
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/15/2003
Fund without Sales Charge (%) (NAV) -0.52 16.76 -0.63 33.68 43.02 164.93 234.65
Fund with Sales Charge (%) (POP) -0.52 16.76 -0.63 33.68 43.02 164.93 234.65
S&P 500 Index (%) 1.70 20.55 4.25 45.80 67.27 246.74 318.30
MSCI World Index (%) 0.66 18.15 2.42 36.11 45.51 150.48 266.33

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

3 YR 5 YR 10 YR
Standard Deviation (Fund) 11.91 12.04 12.95
Standard Deviation (S&P 500 Index) 11.90 11.82 12.46
Alpha -2.89 -2.84 -2.81
Beta 0.98 0.99 1.01
Sharpe Ratio 0.82 0.54 0.78
Information Ratio -1.42 -1.16 -1.07
Tracking Error 2.53 2.81 2.82
R-Squared 0.96 0.95 0.95

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

3 YR 5 YR 10 YR
Correlation Coefficient 0.98 0.97 0.98
Beta Bull 0.97 0.94 1.01
Beta Bear 1.01 0.99 1.01
Bull Bear Capture Ratio 0.85 0.83 0.86
% of Positive Months 80.56 70.00 66.67
Gains/Losses 2.11 1.66 1.88
Maximum Drawdown
14.89 14.89 18.79

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 10/31/2019 Updated Monthly, based on a 3-year period

Beta 0.98
Alpha -2.89
Sharpe Ratio 0.82
R-Squared 0.96
Standard Deviation 11.91

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