Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 05/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/31/1996
Fund without Sales Charge (%) (NAV) 5.02 4.05 3.38 4.99 5.56
Fund with Sales Charge (%) (POP) -0.75 2.11 2.21 4.40 5.31
Blended Benchmark (%) 5.99 4.60 4.57 5.94 5.59
MSCI All Country World Index (%) 5.98 5.74 5.85 9.05 6.46
Bloomberg Barclays Multiverse Index (%) 5.22 3.37 3.34 3.02
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/31/1996
Fund without Sales Charge (%) (NAV) -4.17 1.79 1.89 3.84 5.21
Fund with Sales Charge (%) (POP) -9.46 -0.11 0.74 3.26 4.96
Blended Benchmark (%) -2.07 3.08 3.18 4.87 5.29
MSCI All Country World Index (%) -10.76 2.05 3.41 6.45 5.85
Bloomberg Barclays Multiverse Index (%) 3.47 3.36 2.67 2.58

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 13.25 -3.44 10.58 4.39 -2.26 3.35 10.39 7.99 -0.71 10.00
Fund with Sales Charge (%) (POP) 6.99 -8.72 4.21 -1.63 -7.90 -2.57 4.02 1.81 -6.43 3.64
Blended Benchmark (%) 15.03 -4.30 14.24 5.29 -2.51 6.83 9.76 8.36 2.52 8.30
MSCI All Country World Index (%) 27.30 -8.93 24.62 8.49 -1.84 4.71 23.44 16.80 -6.86 13.21
Bloomberg Barclays Multiverse Index (%) 7.13 -1.36 7.69 2.84 -3.29 0.47 -2.19 4.84 5.55 5.84

Cumulative Total Returns [further-information] As of 03/31/2020

Month EndAs of 05/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/31/1996
Fund without Sales Charge (%) (NAV) -1.45 5.02 12.64 18.08 62.77 254.97
Fund with Sales Charge (%) (POP) -6.87 -0.75 6.47 11.58 53.84 235.51
Blended Benchmark (%) -2.42 5.99 14.44 25.07 78.16 257.74
MSCI All Country World Index (%) -8.94 5.98 18.25 32.92 137.89 333.41
Bloomberg Barclays Multiverse Index (%) 1.57 5.22 10.44 17.84 34.63
Quarter EndAs of 03/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/31/1996
Fund without Sales Charge (%) (NAV) -9.50 -4.17 5.47 9.83 45.81 225.96
Fund with Sales Charge (%) (POP) -14.48 -9.46 -0.34 3.77 37.80 208.10
Blended Benchmark (%) -9.49 -2.07 9.54 16.95 60.91 231.82
MSCI All Country World Index (%) -21.26 -10.76 6.28 18.27 86.80 274.77
Bloomberg Barclays Multiverse Index (%) -1.11 3.47 10.44 14.08 28.99

After-Tax Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 05/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.06 2.43 1.98 3.77
Fund without Sales Charge (%) (NAV) After Shares Sold 3.91 2.80 2.31 3.64
Fund with Sales Charge (%) (POP) Before Shares Sold -2.60 0.53 0.83 3.19
Fund with Sales Charge (%) (POP) After Shares Sold 0.44 1.31 1.41 3.15
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -5.96 0.21 0.52 2.64
Fund without Sales Charge (%) (NAV) After Shares Sold -1.45 1.17 1.24 2.76
Fund with Sales Charge (%) (POP) Before Shares Sold -11.15 -1.66 -0.62 2.06
Fund with Sales Charge (%) (POP) After Shares Sold -4.64 -0.28 0.36 2.29

SALES CHARGE, EXPENSES & FEES As of 05/01/2020 (updated annually)

Gross Expense Ratio 0.88%
Net Expense Ratio [further-information] 0.88%
Max Initial Sales Charge 5.50%
CDSC

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

Beta 0.98
Sharpe Ratio 0.36
Standard Deviation 7.83

Benchmarks

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

  • Blended Benchmark
  • MSCI All Country World Index
  • Bloomberg Barclays Multiverse Index