The bar chart and performance table below show the variability of the Fund’s returns, which is some indication of the risks of investing in the Fund. The bar chart shows performance of the Fund’s shares for each full calendar year since the Fund’s inception. The performance table compares the performance of the Fund’s shares over time to the performance of a broad-based securities market index and a supplemental index. You should be aware that the Fund’s past performance (before and after taxes) may not be an indication of how the Fund will perform in the future. Updated performance information is available at no cost by calling 1-877-558-6397.
| Best Quarter: | 12/31/2020 | 19.15% |
| Worst Quarter: | 6/30/2024 | (9.41)% |
The total return for Fund shares from January 1, 2025 to June 30, 2025 was 0.94%.
| One Year |
Five Years |
Ten Years |
Since
Inception of the Fund (6-4-10) | |
| Return before taxes | 8.77% | (0.61)% | 3.32% | 3.48% |
| Return after taxes on distributions | 6.65% | (2.35)% | 2.33% | 2.39% |
| Return after taxes on distributions and sale of Fund shares | 5.22% | (0.99)% | 2.28% | 2.44% |
| S&P 500 Total Return Index* | 17.88% | 14.42% | 14.82% | 14.82% |
| Morningstar US Small Cap Total Return Index** | 12.20% | 7.29% | 9.74% | 10.95% |
| * | The S&P 500 Total Return Index is a capitalization-weighted index of 500 stocks. The index is designed to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries. The Total Return version of the index is shown. Investors cannot invest directly in an index. |
| ** | The Morningstar US Small Cap Total Return Index measures the performance of stocks issued by small-capitalization companies that are domiciled or principally traded in the United States. Investors cannot invest directly in an index or benchmark. |
After-tax returns are calculated using the highest historical individual federal marginal income tax rate and do not reflect the impact of state and local taxes. Actual after-tax returns depend on a shareholder’s tax situation and may differ from those shown. The after-tax returns are not relevant if you hold your Fund shares in tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRA”).