Average Annual Total Returns [further-information] As of 03/31/2019

Month EndAs of 05/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 08/03/2015
Fund without Sales Charge (%) (NAV) 1.78 1.06 0.74
Fund with Sales Charge (%) (POP) 0.79 1.06 0.74
LIBOR 90 Day (USD) Index (%) 2.54 1.74 1.19 0.77 1.48
Quarter EndAs of 03/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 08/03/2015
Fund without Sales Charge (%) (NAV) 1.18 1.10 0.64
Fund with Sales Charge (%) (POP) 0.19 1.10 0.64
LIBOR 90 Day (USD) Index (%) 2.51 1.64 1.11 0.74 1.43

Calendar Year Returns

2018 2017 2016
Fund without Sales Charge (%) (NAV) -1.22 0.85 0.88
Fund with Sales Charge (%) (POP) -2.19 -0.15 -0.11
LIBOR 90 Day (USD) Index (%) 2.36 1.29 0.76

Cumulative Total Returns [further-information] As of 03/31/2019

Month EndAs of 05/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/03/2015
Fund without Sales Charge (%) (NAV) 2.94 1.78 3.20 2.87
Fund with Sales Charge (%) (POP) 1.94 0.79 3.20 2.87
LIBOR 90 Day (USD) Index (%) 1.07 2.54 5.31 6.09 7.94 5.76
Quarter EndAs of 03/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/03/2015
Fund without Sales Charge (%) (NAV) 2.44 1.18 3.34 2.37
Fund with Sales Charge (%) (POP) 1.44 0.19 3.34 2.37
LIBOR 90 Day (USD) Index (%) 0.65 2.51 4.98 5.68 7.69 5.32

After-Tax Average Annual Total Returns [further-information] As of 03/31/2019

Month EndAs of 05/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 0.77 0.27
Fund without Sales Charge (%) (NAV) After Shares Sold 1.07 0.47
Fund with Sales Charge (%) (POP) Before Shares Sold -0.22 0.27
Fund with Sales Charge (%) (POP) After Shares Sold 0.48 0.47
Quarter EndAs of 03/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 0.25 0.36
Fund without Sales Charge (%) (NAV) After Shares Sold 0.71 0.52
Fund with Sales Charge (%) (POP) Before Shares Sold -0.74 0.36
Fund with Sales Charge (%) (POP) After Shares Sold 0.12 0.52

SALES CHARGE, EXPENSES & FEES As of 09/01/2018 (updated annually)

Gross Expense Ratio 1.64%
Net Expense Ratio [further-information] 1.59%
Max Initial Sales Charge 0.00%
CDSC 1.00%

Volatility Measures [further-information] As of 05/31/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio -0.18
Standard Deviation 1.43

Benchmarks

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

  • LIBOR 90 Day (USD) Index

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