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 12/31/1996
Fund without Sales Charge (%) (NAV) 21.90 10.85 7.13 8.17 6.76
Fund with Sales Charge (%) (POP) 15.21 8.79 5.93 7.55 6.50
Blended Benchmark (%) 23.16 11.39 7.79 9.32 7.07
MSCI All Country World Index (%) 27.30 13.06 9.00 9.37 7.02
Bloomberg Barclays Multiverse Index (%) 7.13 4.41 2.51 2.68
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/31/1996
Fund without Sales Charge (%) (NAV) 21.90 10.85 7.13 8.17 6.76
Fund with Sales Charge (%) (POP) 15.21 8.79 5.93 7.55 6.50
Blended Benchmark (%) 23.16 11.39 7.79 9.32 7.07
MSCI All Country World Index (%) 27.30 13.06 9.00 9.37 7.02
Bloomberg Barclays Multiverse Index (%) 7.13 4.41 2.51 2.68

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 21.90 -6.45 19.45 5.36 -1.66 4.95 20.98 10.52 -3.15 14.31
Fund with Sales Charge (%) (POP) 15.21 -11.62 12.60 -0.71 -7.30 -1.07 14.06 4.14 -8.71 7.76
Blended Benchmark (%) 23.16 -7.32 21.06 7.44 -2.00 7.61 22.74 13.98 -0.41 11.76
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 12/31/2019

Month EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/31/1996
Fund without Sales Charge (%) (NAV) 21.90 21.90 36.21 41.14 119.27 350.64
Fund with Sales Charge (%) (POP) 15.21 15.21 28.75 33.38 107.16 325.94
Blended Benchmark (%) 23.16 23.16 38.18 45.50 143.79 380.74
MSCI All Country World Index (%) 27.30 27.30 44.48 53.85 144.90 375.94
Bloomberg Barclays Multiverse Index (%) 7.13 7.13 13.80 13.18 30.28
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/31/1996
Fund without Sales Charge (%) (NAV) 21.90 21.90 36.21 41.14 119.27 350.64
Fund with Sales Charge (%) (POP) 15.21 15.21 28.75 33.38 107.16 325.94
Blended Benchmark (%) 23.16 23.16 38.18 45.50 143.79 380.74
MSCI All Country World Index (%) 27.30 27.30 44.48 53.85 144.90 375.94
Bloomberg Barclays Multiverse Index (%) 7.13 7.13 13.80 13.18 30.28

After-Tax 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
Fund without Sales Charge (%) (NAV) Before Shares Sold 18.98 8.54 5.31 6.95
Fund without Sales Charge (%) (NAV) After Shares Sold 15.06 8.26 5.39 6.48
Fund with Sales Charge (%) (POP) Before Shares Sold 12.45 6.52 4.13 6.35
Fund with Sales Charge (%) (POP) After Shares Sold 10.99 6.62 4.42 5.96
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 18.98 8.54 5.31 6.95
Fund without Sales Charge (%) (NAV) After Shares Sold 15.06 8.26 5.39 6.48
Fund with Sales Charge (%) (POP) Before Shares Sold 12.45 6.52 4.13 6.35
Fund with Sales Charge (%) (POP) After Shares Sold 10.99 6.62 4.42 5.96

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

Gross Expense Ratio 1.21%
Net Expense Ratio [further-information] 1.18%
Max Initial Sales Charge 5.50%
CDSC

Volatility Measures [further-information] As of 12/31/2019 Updated Monthly, based on a 3-year period

Beta 0.99
Alpha -0.37
Sharpe Ratio 1.01
R-Squared 0.97
Standard Deviation 9.16

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