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) 25.51 11.70 8.08 9.88 7.64
Fund with Sales Charge (%) (POP) 25.51 11.70 8.08 9.88 7.64
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) 25.51 11.70 8.08 9.88 7.64
Fund with Sales Charge (%) (POP) 25.51 11.70 8.08 9.88 7.64
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 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 25.51 -7.30 19.79 7.33 -1.43 6.30 30.76 14.49 -3.15 12.93
Fund with Sales Charge (%) (POP) 25.51 -7.30 19.79 7.33 -1.43 6.30 30.76 14.49 -3.15 12.93
S&P 500 Index (%) 31.49 -4.38 21.83 11.96 1.38 13.69 32.39 16.00 2.11 15.06
MSCI World Index (%) 28.40 -8.20 23.07 8.15 -0.32 5.50 27.37 16.54 -5.02 12.34

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) 7.93 25.51 25.51 39.38 47.45 156.67 233.81
Fund with Sales Charge (%) (POP) 7.93 25.51 25.51 39.38 47.45 156.67 233.81
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) 7.93 25.51 25.51 39.38 47.45 156.67 233.81
Fund with Sales Charge (%) (POP) 7.93 25.51 25.51 39.38 47.45 156.67 233.81
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) 11.98 12.06 12.89
Standard Deviation (S&P 500 Index) 11.93 11.88 12.40
Alpha -2.92 -3.12 -3.40
Beta 0.98 0.99 1.02
Sharpe Ratio 0.84 0.58 0.72
Information Ratio -1.48 -1.29 -1.33
Tracking Error 2.40 2.81 2.77
R-Squared 0.96 0.95 0.95

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

3 YR 5 YR 10 YR
Correlation Coefficient 0.98 0.97 0.98
Beta Bull 0.99 0.94 1.02
Beta Bear 1.00 1.01 1.00
Bull Bear Capture Ratio 0.85 0.82 0.83
% of Positive Months 80.56 71.67 66.67
Gains/Losses 2.14 1.71 1.81
Maximum Drawdown
14.95 14.95 18.95

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

Gross Expense Ratio 1.29%
Net Expense Ratio [further-information] 1.29%
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 0.98
Alpha -2.92
Sharpe Ratio 0.84
R-Squared 0.96
Standard Deviation 11.98

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