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) 6.52 5.34 4.71 6.61 6.30
Fund with Sales Charge (%) (POP) 6.52 5.34 4.71 6.61 6.30
Blended Benchmark (%) 6.14 5.07 5.08 7.25 6.17
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) -5.62 2.55 2.76 5.12 5.85
Fund with Sales Charge (%) (POP) -5.62 2.55 2.76 5.12 5.85
Blended Benchmark (%) -4.92 2.82 3.33 5.77 5.77
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) 17.68 -4.57 15.20 5.26 -1.66 4.39 14.56 9.61 -1.24 12.31
Fund with Sales Charge (%) (POP) 17.68 -4.57 15.20 5.26 -1.66 4.39 14.56 9.61 -1.24 12.31
Blended Benchmark (%) 19.07 -5.82 17.62 6.42 -2.22 7.13 14.48 10.66 1.80 9.97
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) -2.42 6.52 16.89 25.89 89.73 317.67
Fund with Sales Charge (%) (POP) -2.42 6.52 16.89 25.89 89.73 317.67
Blended Benchmark (%) -4.52 6.14 16.01 28.13 101.46 306.41
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) -12.46 -5.62 7.83 14.56 64.73 274.70
Fund with Sales Charge (%) (POP) -12.46 -5.62 7.83 14.56 64.73 274.70
Blended Benchmark (%) -13.52 -4.92 8.71 17.81 75.19 268.13
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 4.08 3.19 2.95 5.19
Fund without Sales Charge (%) (NAV) After Shares Sold 5.34 3.85 3.40 5.01
Fund with Sales Charge (%) (POP) Before Shares Sold 4.08 3.19 2.95 5.19
Fund with Sales Charge (%) (POP) After Shares Sold 5.34 3.85 3.40 5.01
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -7.79 0.46 1.03 3.72
Fund without Sales Charge (%) (NAV) After Shares Sold -1.72 1.89 2.01 3.87
Fund with Sales Charge (%) (POP) Before Shares Sold -7.79 0.46 1.03 3.72
Fund with Sales Charge (%) (POP) After Shares Sold -1.72 1.89 2.01 3.87

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

Gross Expense Ratio 0.63%
Net Expense Ratio [further-information] 0.63%
Max Initial Sales Charge 0.00%
CDSC

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

Beta 0.97
Alpha 0.18
Sharpe Ratio 0.41
R-Squared 0.97
Standard Deviation 10.23

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