Average Annual Total Returns [further-information] As of 02/29/2020

Month EndAs of 02/29/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 06/05/1995
Fund without Sales Charge (%) (NAV) -27.03 -12.89 -9.14 -4.53 5.00
Fund with Sales Charge (%) (POP) -27.03 -12.89 -9.14 -4.53 5.00
S&P North American Natural Resources Sector Index (%) -17.09 -7.72 -5.79 -0.49
S&P 500 Index (%) 8.19 9.87 9.23 12.65 9.21
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 06/05/1995
Fund without Sales Charge (%) (NAV) 10.53 -5.13 -3.46 -1.94 6.21
Fund with Sales Charge (%) (POP) 10.53 -5.13 -3.46 -1.94 6.21
S&P North American Natural Resources Sector Index (%) 17.63 -2.05 -1.41 1.39
S&P 500 Index (%) 31.49 15.28 11.70 13.56 9.66

After-Tax Average Annual Total Returns [further-information] As of 02/29/2020

Month EndAs of 02/29/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -27.32 -13.32 -9.53 -4.85
Fund without Sales Charge (%) (NAV) After Shares Sold -15.70 -9.37 -6.53 -3.17
Fund with Sales Charge (%) (POP) Before Shares Sold -27.32 -13.32 -9.53 -4.85
Fund with Sales Charge (%) (POP) After Shares Sold -15.70 -9.37 -6.53 -3.17
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 10.10 -5.60 -3.88 -2.27
Fund without Sales Charge (%) (NAV) After Shares Sold 6.52 -3.86 -2.59 -1.42
Fund with Sales Charge (%) (POP) Before Shares Sold 10.10 -5.60 -3.88 -2.27
Fund with Sales Charge (%) (POP) After Shares Sold 6.52 -3.86 -2.59 -1.42

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013
Fund without Sales Charge (%) (NAV) 10.53 -23.43 0.89 35.34 -27.44 -19.74 10.11
Fund with Sales Charge (%) (POP) 10.53 -23.43 0.89 35.34 -27.44 -19.74 10.11
S&P North American Natural Resources Sector Index (%) 17.63 -21.07 1.23 30.87 -24.28 -9.77 16.49
S&P 500 Index (%) 31.49 -4.38 21.83 11.96 1.38 13.69 32.39

Cumulative Total Returns [further-information] As of 02/29/2020

Month EndAs of 02/29/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 06/05/1995
Fund without Sales Charge (%) (NAV) -15.58 -24.05 -27.03 -33.90 -38.06 -37.08 234.06
Fund with Sales Charge (%) (POP) -15.58 -24.05 -27.03 -33.90 -38.06 -37.08 234.06
S&P North American Natural Resources Sector Index (%) -13.76 -19.47 -17.09 -21.41 -25.81 -4.84
S&P 500 Index (%) -5.50 -8.27 8.19 32.62 55.49 229.18 784.97
Quarter EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 06/05/1995
Fund without Sales Charge (%) (NAV) 10.53 10.53 10.53 -14.61 -16.15 -17.82 339.82
Fund with Sales Charge (%) (POP) 10.53 10.53 10.53 -14.61 -16.15 -17.82 339.82
S&P North American Natural Resources Sector Index (%) 7.47 17.63 17.63 -6.02 -6.86 14.84
S&P 500 Index (%) 9.07 31.49 31.49 53.17 73.86 256.66 864.73

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 02/29/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 24.03 24.62
Standard Deviation (S&P North American Natural Resources Sector Index) 20.44 20.84 20.56
Beta 1.15 1.16
Sharpe Ratio -0.61 -0.42
Information Ratio -0.90 -0.58
Tracking Error 5.72 5.75

ADDITIONAL RISK STATISTICSAs of 02/29/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 1.19 1.18
Beta Bear 0.96 1.03
Bull Bear Capture Ratio 0.99 1.03
% of Positive Months 47.22 46.67
Gains/Losses 0.72 0.82
Maximum Drawdown
39.17 42.28

SALES CHARGE, EXPENSES & FEES As of 09/01/2019 (updated annually)

Gross Expense Ratio 0.63%
Net Expense Ratio [further-information] 0.60%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 02/29/2020 Updated Monthly, based on a 3-year period

Beta 1.15
Sharpe Ratio -0.61
Standard Deviation 24.03

Benchmarks

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

  • S&P North American Natural Resources Sector Index
  • S&P 500 Index