Average Annual Total Returns [further-information] As of 05/31/2020

Month EndAs of 05/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 04/02/1990
Fund without Sales Charge (%) (NAV) -11.76 -2.69 0.42 5.51 8.60
Fund with Sales Charge (%) (POP) -11.76 -2.69 0.42 5.51 8.60
Russell 3000 Value Index (%) -2.52 2.16 4.12 9.61 9.25
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 04/02/1990
Fund without Sales Charge (%) (NAV) -26.59 -7.70 -2.03 3.59 8.14
Fund with Sales Charge (%) (POP) -26.59 -7.70 -2.03 3.59 8.14
Russell 3000 Value Index (%) -18.02 -2.67 1.61 7.47 8.79

After-Tax Average Annual Total Returns [further-information] As of 05/31/2020

Month EndAs of 05/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -13.25 -4.86 -1.93 3.17
Fund without Sales Charge (%) (NAV) After Shares Sold -5.29 -1.67 0.51 4.52
Fund with Sales Charge (%) (POP) Before Shares Sold -13.25 -4.86 -1.93 3.17
Fund with Sales Charge (%) (POP) After Shares Sold -5.29 -1.67 0.51 4.52
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -27.84 -9.76 -4.33 1.29
Fund without Sales Charge (%) (NAV) After Shares Sold -14.04 -5.11 -1.06 3.21
Fund with Sales Charge (%) (POP) Before Shares Sold -27.84 -9.76 -4.33 1.29
Fund with Sales Charge (%) (POP) After Shares Sold -14.04 -5.11 -1.06 3.21

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 24.19 -12.67 12.15 20.16 -9.65 0.49 36.26 15.39 -6.60 21.53
Fund with Sales Charge (%) (POP) 24.19 -12.67 12.15 20.16 -9.65 0.49 36.26 15.39 -6.60 21.53
Russell 3000 Value Index (%) 26.26 -8.58 13.19 18.40 -4.13 12.70 32.69 17.55 -0.10 16.23

Cumulative Total Returns [further-information] As of 05/31/2020

Month EndAs of 05/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/02/1990
Fund without Sales Charge (%) (NAV) -12.57 -24.37 -11.76 -7.86 2.14 70.95 1,103.38
Fund with Sales Charge (%) (POP) -12.57 -24.37 -11.76 -7.86 2.14 70.95 1,103.38
Russell 3000 Value Index (%) -5.14 -16.36 -2.52 6.62 22.40 150.34 1,341.40
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/02/1990
Fund without Sales Charge (%) (NAV) -34.22 -34.22 -26.59 -21.38 -9.75 42.26 946.68
Fund with Sales Charge (%) (POP) -34.22 -34.22 -26.59 -21.38 -9.75 42.26 946.68
Russell 3000 Value Index (%) -27.32 -27.32 -18.02 -7.80 8.34 105.51 1,152.47

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 05/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 21.72 18.91 17.11
Standard Deviation (Russell 3000 Value Index) 18.14 15.80 14.47
Beta 1.18 1.16 1.14
Sharpe Ratio -0.20 -0.04 0.29
Information Ratio -1.00 -0.71 -0.85
Tracking Error 4.87 5.21 4.85

ADDITIONAL RISK STATISTICSAs of 05/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 1.03 1.15 1.13
Beta Bear 1.26 1.24 1.28
Bull Bear Capture Ratio 0.90 0.87 0.83
% of Positive Months 63.89 58.33 62.50
Gains/Losses 0.99 1.11 1.38
Maximum Drawdown
34.22 34.22 34.22

SALES CHARGE, EXPENSES & FEES As of 03/01/2020 (updated annually)

Gross Expense Ratio 1.22%
Net Expense Ratio [further-information] 1.18%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 05/31/2020 Updated Monthly, based on a 3-year period

Beta 1.18
Sharpe Ratio -0.20
Standard Deviation 21.72

Benchmarks

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

  • Russell 3000 Value Index