Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/24/1994
Fund without Sales Charge (%) (NAV) -1.97 1.21 1.81 3.45 5.95
Fund with Sales Charge (%) (POP) -1.97 1.21 1.81 3.45 5.95
Bloomberg Barclays US Aggregate Index (%) 8.74 5.32 4.30 3.82 5.59
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/24/1994
Fund without Sales Charge (%) (NAV) -1.97 1.21 1.81 3.45 5.95
Fund with Sales Charge (%) (POP) -1.97 1.21 1.81 3.45 5.95
Bloomberg Barclays US Aggregate Index (%) 8.74 5.32 4.30 3.82 5.59

After-Tax Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -3.60 -0.35 0.41 1.70
Fund without Sales Charge (%) (NAV) After Shares Sold -1.16 0.27 0.77 1.95
Fund with Sales Charge (%) (POP) Before Shares Sold -3.60 -0.35 0.41 1.70
Fund with Sales Charge (%) (POP) After Shares Sold -1.16 0.27 0.77 1.95
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -3.60 -0.35 0.41 1.70
Fund without Sales Charge (%) (NAV) After Shares Sold -1.16 0.27 0.77 1.95
Fund with Sales Charge (%) (POP) Before Shares Sold -3.60 -0.35 0.41 1.70
Fund with Sales Charge (%) (POP) After Shares Sold -1.16 0.27 0.77 1.95

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 7.92 -2.02 4.25 7.63 -4.52 1.52 2.85 12.11 2.41 10.62
Fund with Sales Charge (%) (POP) 7.92 -2.02 4.25 7.63 -4.52 1.52 2.85 12.11 2.41 10.62
Bloomberg Barclays US Aggregate Index (%) 8.72 0.01 3.54 2.65 0.55 5.95 -2.02 4.21 7.84 6.54

Cumulative Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/24/1994
Fund without Sales Charge (%) (NAV) 7.36 -3.13 -1.97 3.69 9.40 40.43 351.76
Fund with Sales Charge (%) (POP) 7.36 -3.13 -1.97 3.69 9.40 40.43 351.76
Bloomberg Barclays US Aggregate Index (%) 2.90 6.14 8.74 16.83 23.45 45.53 314.12
Quarter EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/24/1994
Fund without Sales Charge (%) (NAV) 7.36 -3.13 -1.97 3.69 9.40 40.43 351.76
Fund with Sales Charge (%) (POP) 7.36 -3.13 -1.97 3.69 9.40 40.43 351.76
Bloomberg Barclays US Aggregate Index (%) 2.90 6.14 8.74 16.83 23.45 45.53 314.12

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 6.92 5.97 5.44
Standard Deviation (Bloomberg Barclays US Aggregate Index) 3.23 3.05 2.93
Sharpe Ratio -0.06 0.12 0.53
Information Ratio -0.61 -0.43 -0.07
Tracking Error 6.72 5.85 5.44

SALES CHARGE, EXPENSES & FEES As of 09/01/2019 (updated annually)

Gross Expense Ratio 1.19%
Net Expense Ratio [further-information] 1.14%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 06/30/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio -0.06
Standard Deviation 6.92

Benchmarks

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

  • Bloomberg Barclays US Aggregate Index