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) -16.25 -3.93 -0.49 4.59 4.96
Fund with Sales Charge (%) (POP) -16.25 -3.93 -0.49 4.59 4.96
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 08/15/2003
Fund without Sales Charge (%) (NAV) -16.25 -3.93 -0.49 4.59 4.96
Fund with Sales Charge (%) (POP) -16.25 -3.93 -0.49 4.59 4.96

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 -17.01 -4.77 -1.31 3.72
Fund without Sales Charge (%) (NAV) After Shares Sold -9.07 -3.02 -0.44 3.54
Fund with Sales Charge (%) (POP) Before Shares Sold -17.01 -4.77 -1.31 3.72
Fund with Sales Charge (%) (POP) After Shares Sold -9.07 -3.02 -0.44 3.54
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -17.01 -4.77 -1.31 3.72
Fund without Sales Charge (%) (NAV) After Shares Sold -9.07 -3.02 -0.44 3.54
Fund with Sales Charge (%) (POP) Before Shares Sold -17.01 -4.77 -1.31 3.72
Fund with Sales Charge (%) (POP) After Shares Sold -9.07 -3.02 -0.44 3.54

Calendar Year Returns

2019 2018 2017
Fund without Sales Charge (%) (NAV) 18.18 -9.57 11.67
Fund with Sales Charge (%) (POP) 18.18 -9.57 11.67
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 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) -22.40 -22.40 -16.25 -11.33 -2.44 56.57 123.65
Fund with Sales Charge (%) (POP) -22.40 -22.40 -16.25 -11.33 -2.44 56.57 123.65
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) -22.40 -22.40 -16.25 -11.33 -2.44 56.57 123.65
Fund with Sales Charge (%) (POP) -22.40 -22.40 -16.25 -11.33 -2.44 56.57 123.65

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

3 YR 5 YR 10 YR
Standard Deviation (Fund) 13.89 12.78 12.44
Standard Deviation (S&P 500 Index) 15.00 13.54 13.24
Alpha -8.38 -6.39 -4.64
Beta 0.88 0.89 0.89
Sharpe Ratio -0.41 -0.14 0.30
Information Ratio -1.99 -1.64 -1.46
Tracking Error 4.58 4.49 4.23
R-Squared 0.91 0.89 0.90

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

3 YR 5 YR 10 YR
Beta Bull 0.82 0.79 0.85
Beta Bear 0.90 0.90 0.89
Bull Bear Capture Ratio 0.57 0.64 0.72
Gains/Losses 0.83 1.01 1.36

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

Gross Expense Ratio 0.67%
Net Expense Ratio [further-information] 0.66%
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 0.88
Sharpe Ratio -0.41
Standard Deviation 13.89

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