Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 08/15/2003
Fund without Sales Charge (%) (NAV) 26.24 12.35 8.67 10.46 8.18
Fund with Sales Charge (%) (POP) 26.24 12.35 8.67 10.46 8.18
S&P 500 Index (%) 31.49 15.28 11.70 13.56 9.71
MSCI World Index (%) 28.40 13.21 9.36 10.08 8.80
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 08/15/2003
Fund without Sales Charge (%) (NAV) 26.24 12.35 8.67 10.46 8.18
Fund with Sales Charge (%) (POP) 26.24 12.35 8.67 10.46 8.18
S&P 500 Index (%) 31.49 15.28 11.70 13.56 9.71
MSCI World Index (%) 28.40 13.21 9.36 10.08 8.80

After-Tax Average Annual Total Returns [further-information] As of 12/31/2019

No chart available for this data.
Month EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold
Fund without Sales Charge (%) (NAV) After Shares Sold
Fund with Sales Charge (%) (POP) Before Shares Sold
Fund with Sales Charge (%) (POP) After Shares Sold
No chart available for this data.
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold
Fund without Sales Charge (%) (NAV) After Shares Sold
Fund with Sales Charge (%) (POP) Before Shares Sold
Fund with Sales Charge (%) (POP) After Shares Sold

Calendar Year Returns

2019 2018 2017
Fund without Sales Charge (%) (NAV) 26.24 -6.78 20.50
Fund with Sales Charge (%) (POP) 26.24 -6.78 20.50
S&P 500 Index (%) 31.49 -4.38 21.83
MSCI World Index (%) 28.40 -8.20 23.07

Cumulative Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/15/2003
Fund without Sales Charge (%) (NAV) 8.06 26.24 26.24 41.81 51.55 170.50 262.44
Fund with Sales Charge (%) (POP) 8.06 26.24 26.24 41.81 51.55 170.50 262.44
S&P 500 Index (%) 9.07 31.49 31.49 53.17 73.86 256.66 356.24
MSCI World Index (%) 8.68 28.40 28.40 45.06 56.39 161.31 298.12
Quarter EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/15/2003
Fund without Sales Charge (%) (NAV) 8.06 26.24 26.24 41.81 51.55 170.50 262.44
Fund with Sales Charge (%) (POP) 8.06 26.24 26.24 41.81 51.55 170.50 262.44
S&P 500 Index (%) 9.07 31.49 31.49 53.17 73.86 256.66 356.24
MSCI World Index (%) 8.68 28.40 28.40 45.06 56.39 161.31 298.12

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 12/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 12.00 12.08 12.90
Standard Deviation (S&P 500 Index) 11.93 11.88 12.40
Alpha -2.51 -2.77 -3.13
Beta 0.99 0.99 1.02
Sharpe Ratio 0.88 0.62 0.75
Information Ratio -1.29 -1.14 -1.21
Tracking Error 2.39 2.81 2.78
R-Squared 0.96 0.95 0.95

ADDITIONAL RISK STATISTICSAs of 12/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 1.00 0.94 1.02
Beta Bear 1.01 1.01 1.00
Bull Bear Capture Ratio 0.87 0.84 0.84
% of Positive Months 80.56 71.67 66.67
Gains/Losses 2.18 1.75 1.84
Maximum Drawdown
14.88 14.88 18.92

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

Gross Expense Ratio 0.89%
Net Expense Ratio [further-information] 0.70%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 12/31/2019 Updated Monthly, based on a 3-year period

Beta 0.99
Sharpe Ratio 0.88
Standard Deviation 12.00

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