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Total Returns for period ending June 30, 2010
| | ANNUALIZED | | Total Returns | YTD | One Year | Three Years | Five Years | Ten Years | Since* Incep. | | A Shares (*Inception 1/3/95) | -8.31% | 4.03% | -8.90% | 0.17% | -7.71% | 6.50% | | S&P 500 Index | -6.65% | 14.43% | -9.81% | -0.79% | -1.59% | 7.30% | | | | | | | | | |
NO-LOAD EFFECTIVE SEPTEMBER 2, 2008 Data as of 05/01/10 | | Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) | | Management Fees | 1.00% | | Distribution and Service (12b-1) Fees | 0.25% | | Other Expenses | 0.84% | | Acquired Fund Fees and Expenses(1) | 0.03% | | Total Annual Fund Operating Expenses | 2.12% | | Fee Waivers and Expense Reimbursements(2) | (0.49)% | | Total Annual Fund Operating Expenses (After Contractual Fee Waivers and Expense Reimbursements) | 1.63% | | Net Annual Fund Operating Expenses (Excluding Acquired Fund Fees and Expenses) | 1.60% |
(1) The Total Annual Fund Operating Expenses may not correlate with the ratio of expenses to average net assets in the Fund’s financial highlights, which reflect the operating expenses of the Fund and do not include Acquired Fund Fees and Expenses.
(2) The Fund’s investment adviser has contractually agreed to waive fees and reimburse expenses through April 30, 2011 so that Total Annual Fund Operating Expenses After Fee Waivers and Expense Reimbursements (excluding extraordinary and non-recurring expenses and Acquired Fund Fees and Expenses) do not exceed 1.60% of the Fund’s average daily net assets. This expense limitation agreement may only be terminated or modified prior to April 30, 2011 with the approval of the Fund’s Board of Trustees.
All returns assume reinvestment of dividends and capital gains prior to the close of the fiscal year. Investors may be subject to the alternative minimum tax (AMT).
The performance data quoted represents past performance. Past performance does not guarantee future results. The Fund’s principal value, share price, yields, rates and total returns will vary due to changing market conditions, so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, an investor may call toll free at 800-276-1262.
The mutual funds referred to in this website are offered by Prospectus only. For more complete information an investor should consider the investment objectives, risks, and charges and expenses of the investment company carefully before investing. The prospectus contains this and other information about the investment company. You may obtain a prospectus at no cost from your financial adviser. Please read the prospectus carefully before investing.
S&P 500® Index is a widely recognized, unmanaged index of 500 stock prices chosen for market size, liquidity, and industry group representation. It is a market-value weighted index (stock price times number of shares outstanding), with each stock's weight in the index proportionate to its market value. Returns shown reflect no deduction for fees, expenses or taxes. Index return is shown from January 3, 1995.
Returns are as of June 30, 2010
| After Tax Returns |
One Year |
Five Year |
Ten Year |
Since Incep. |
| Return Before Taxes |
4.03% |
0.17% |
-7.71% |
6.50% |
| Return After Taxes on Distributions |
3.86% |
0.02% |
-7.84% |
6.34% |
| Return After Taxes on Distributions and Sale of Fund Shares |
3.44% |
0.15% |
-6.17% |
5.77% |
| S&P 500 Index |
14.43% |
-0.79% |
-1.59% |
7.30% |
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The Fund's inception date is January 3, 1995.
NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE
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