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 06/05/1995
Fund without Sales Charge (%) (NAV) -25.05 -6.27 -9.82 -2.22 5.84
Fund with Sales Charge (%) (POP) -25.05 -6.27 -9.82 -2.22 5.84
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 06/05/1995
Fund without Sales Charge (%) (NAV) -25.05 -6.27 -9.82 -2.22 5.84
Fund with Sales Charge (%) (POP) -25.05 -6.27 -9.82 -2.22 5.84
S&P North American Natural Resources Sector Index (%) -16.23 -2.80 -5.68 1.31
S&P 500 Index (%) 4.25 13.40 10.84 13.24 9.38

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 -25.47 -6.70 -10.21 -2.55
Fund without Sales Charge (%) (NAV) After Shares Sold -14.51 -4.65 -7.05 -1.59
Fund with Sales Charge (%) (POP) Before Shares Sold -25.47 -6.70 -10.21 -2.55
Fund with Sales Charge (%) (POP) After Shares Sold -14.51 -4.65 -7.05 -1.59
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -25.47 -6.70 -10.21 -2.55
Fund without Sales Charge (%) (NAV) After Shares Sold -14.51 -4.65 -7.05 -1.59
Fund with Sales Charge (%) (POP) Before Shares Sold -25.47 -6.70 -10.21 -2.55
Fund with Sales Charge (%) (POP) After Shares Sold -14.51 -4.65 -7.05 -1.59

Calendar Year Returns

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

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 06/05/1995
Fund without Sales Charge (%) (NAV) -10.88 0.00 -25.05 -17.66 -40.36 -20.11 297.92
Fund with Sales Charge (%) (POP) -10.88 0.00 -25.05 -17.66 -40.36 -20.11 297.92
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 06/05/1995
Fund without Sales Charge (%) (NAV) -10.88 0.00 -25.05 -17.66 -40.36 -20.11 297.92
Fund with Sales Charge (%) (POP) -10.88 0.00 -25.05 -17.66 -40.36 -20.11 297.92
S&P North American Natural Resources Sector Index (%) -4.48 9.45 -16.23 -8.16 -25.35 13.91
S&P 500 Index (%) 1.70 20.55 4.25 45.80 67.27 246.74 784.50

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

3 YR 5 YR 10 YR
Standard Deviation (Fund) 21.62 23.45
Standard Deviation (S&P North American Natural Resources Sector Index) 18.82 20.05 20.09
Beta 1.13 1.15
Sharpe Ratio -0.36 -0.40
Information Ratio -0.80 -0.67
Tracking Error 5.01 5.37

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

3 YR 5 YR 10 YR
Beta Bull 1.16 1.17
Beta Bear 0.98 1.00
Bull Bear Capture Ratio 0.95 1.01
% of Positive Months 50.00 45.00
Gains/Losses 0.87 0.83
Maximum Drawdown
29.57 37.62

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

Beta 1.13
Sharpe Ratio -0.36
Standard Deviation 21.62

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