|
Page |
3 | |
3 | |
6 | |
10 | |
13 | |
16 | |
19 | |
22 | |
25 | |
29 | |
33 | |
37 | |
40 | |
43 | |
48 | |
54 | |
60 | |
66 | |
72 | |
78 | |
84 | |
90 | |
96 | |
102 | |
108 | |
114 | |
118 | |
122 | |
126 | |
130 | |
131 | |
133 | |
134 | |
134 | |
135 | |
135 | |
136 | |
136 | |
137 | |
137 | |
139 | |
139 | |
141 | |
142 | |
145 | |
146 | |
149 | |
156 | |
157 | |
157 | |
157
|
|
|
Management
Fees |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
Fund/Comparative
Index(es) |
Past
One Year |
Past
Five Years |
Past
Ten Years |
MoA
Equity Index Fund |
|
|
|
Return
before taxes |
|
|
|
Return
after taxes on distributions |
|
|
|
Return
after taxes on distributions and sales of
shares |
|
|
|
S&P
500®
Index (Index reflects no deduction for fees
and
expenses) |
|
|
|
|
|
Management
Fees |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
Fund/Comparative
Index(es) |
Past
One Year |
Past
Five Years |
Past
Ten Years |
MoA
All America Fund |
|
|
|
Return
before taxes |
|
|
|
Return
after taxes on distributions |
|
|
|
Return
after taxes on distributions and sales of
shares |
|
|
|
Fund/Comparative
Index(es) |
Past
One Year |
Past
Five Years |
Past
Ten Years |
Russell
3000®
Index (Index reflects no deduction for
fees
and expenses) |
|
|
|
S&P
500®
Index (Index reflects no deduction for fees
and
expenses) |
|
|
|
|
|
Management
Fees |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
Fund/Comparative
Index(es) |
Past
One Year |
Past
Five Years |
Past
Ten Years |
MoA
Small Cap Value Fund |
|
|
|
Return
before taxes |
|
|
|
Return
after taxes on distributions |
|
|
|
Return
after taxes on distributions and sales of
shares |
|
|
|
Russell
2000 Value®
Index (Index reflects no
deduction
for fees and expenses) |
|
|
|
|
|
Management
Fees |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
Fund/Comparative
Index(es) |
Past
One Year |
Past
Five Years |
Past
Ten Years |
MoA
Small Cap Growth Fund |
|
|
|
Return
before taxes |
|
|
|
Return
after taxes on distributions |
|
|
|
Return
after taxes on distributions and sales of
shares |
|
|
|
Russell
2000 Growth®
Index (Index reflects no
deduction
for fees and expenses) |
|
|
|
|
|
Management
Fees |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
Fee
Waiver and/or Expense Reimbursement* |
( |
Total
Annual Operating Expenses After Fee Waiver and/or Expense
Reimbursement |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
Fund/Comparative
Index(es) |
Past
One Year |
Past
Five Years |
For
Life of Fund |
Inception
Date |
MoA
Small Cap Equity Index
Fund |
|
|
|
|
Return
before taxes |
|
|
|
|
Return
after taxes on distributions |
|
|
|
|
Return
after taxes on distributions
and
sales of shares |
|
|
|
|
S&P
600®
Index (Index reflects no
deduction
for fees and expenses) |
|
|
|
|
|
Management
Fees |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
Fund/Comparative
Index(es) |
Past
One Year |
Past
Five Years |
Past
Ten Years |
MoA
Mid Cap Value Fund |
|
|
|
Return
before taxes |
|
|
|
Return
after taxes on distributions |
|
|
|
Return
after taxes on distributions and sales of
shares |
|
|
|
Russell
Midcap®
Value Index (Index reflects no
deduction
for fees and expenses) |
|
|
|
|
|
Management
Fees |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
Fund/Comparative
Index(es) |
Past
One Year |
Past
Five Years |
Past
Ten Years |
MoA
Mid Cap Equity Index Fund |
|
|
|
Return
before taxes |
|
|
|
Return
after taxes on distributions |
|
|
|
Return
after taxes on distributions and sales of
shares |
|
|
|
S&P
MidCap 400®
Index (Index reflects no deduction
for
fees and expenses) |
|
|
|
|
|
Management
Fees |
|
Other
Expenses |
|
Acquired
Fund Fees and Expenses1 |
|
Total
Annual Fund Operating Expenses |
|
Fee
Waiver and/or Expense Reimbursement* |
( |
Total
Annual Operating Expenses After Fee Waiver and/or Expense
Reimbursement |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
Fund/Comparative
Index(es) |
Past
One Year |
Past
Five Years |
Past
Ten Years |
MoA
International Fund |
|
|
|
Return
before taxes |
|
|
|
Return
after taxes on distributions |
|
|
|
Return
after taxes on distributions and sales of
shares |
|
|
|
MSCI
EAFE Index (Index reflects no deduction for
fees
and expenses) |
|
|
|
|
|
Management
Fees |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
Fee
Waiver and/or Expense Reimbursement* |
( |
Total
Annual Operating Expenses After Fee Waiver and/or Expense
Reimbursement |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
Fund/Comparative
Index(es) |
Past
One Year |
For
Life of Fund |
Inception
Date |
MoA
Catholic Values Index Fund |
|
|
|
Return
before taxes |
|
|
|
Return
after taxes on distributions |
|
|
|
Return
after taxes on distributions and sales of
shares |
|
|
|
S&P
500®
Catholic Values Index (Index reflects
no
deduction for fees and expenses) |
|
|
|
|
Management
Fees |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
Fund/Comparative
Index(es) |
Past One
Year |
Past Five
Years |
Past Ten
Years |
MoA US
Government Money Market Fund |
|
|
|
FTSE 3-month
Treasury Bill Index (Index reflects no
deduction
for fees and expenses) |
|
|
|
|
|
Management
Fees |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
Fund/Comparative
Index(es) |
Past
One Year |
Past
Five Years |
Past
Ten Years |
MoA
Intermediate Bond Fund |
|
|
|
Return
before taxes |
|
|
|
Return
after taxes on distributions |
|
|
|
Return
after taxes on distributions and sales of
shares |
|
|
|
Bloomberg
U.S. Intermediate Government/Credit
Bond
Index (Index reflects no deduction for fees and
expenses) |
|
|
|
|
|
Management
Fees |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
Fund/Comparative
Index(es) |
Past
One Year |
Past
Five Years |
Past
Ten Years |
MoA
Core Bond Fund |
|
|
|
Return
before taxes |
|
|
|
Return
after taxes on distributions |
|
- |
|
Return
after taxes on distributions and sales of
shares |
|
- |
|
Bloomberg
U.S. Aggregate Bond Index (Index reflects
no
deduction for fees and expenses) |
|
|
|
|
|
Management
Fees |
|
Other
Expenses |
|
Acquired
Fund Fees and Expenses1 |
|
Total
Annual Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
Fund/Comparative
Index(es) |
Past
One Year |
Past
Five Years |
Past
Ten Years |
MoA
Retirement Income Fund |
|
|
|
Return
before taxes |
|
|
|
Return
after taxes on distributions |
|
|
|
Return
after taxes on distributions and sales of
shares |
|
|
|
S&P
500®
Index (Index reflects no deduction for fees
and
expenses) |
|
|
|
Bloomberg
Aggregate Bond Index (Index reflects no
deduction
for fees and expenses) |
|
|
|
FTSE
3-month Treasury Bill Index (Index reflects no
deduction
for fees and expenses) |
|
|
|
|
|
Management
Fees |
|
Other
Expenses |
|
Acquired
Fund Fees and Expenses1 |
|
Total
Annual Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
Fund/Comparative
Index(es) |
Past
One Year |
Past
Five Years |
Past
Ten Years |
MoA
Clear Passage 2015 Fund |
|
|
|
Return
before taxes |
|
|
|
Return
after taxes on distributions |
|
|
|
Return
after taxes on distributions and sales of
shares |
|
|
|
S&P
500®
Index (Index reflects no deduction for fees
and
expenses) |
|
|
|
Bloomberg
U.S. Aggregate Bond Index (Index reflects
no
deduction for fees and expenses) |
|
|
|
FTSE
3-month Treasury Bill Index (Index reflects no
deduction
for fees and expenses) |
|
|
|
|
|
Management
Fees |
|
Other
Expenses |
|
Acquired
Fund Fees and Expenses1 |
|
Total
Annual Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
Fund/Comparative
Index(es) |
Past
One Year |
Past
Five Years |
Past
Ten Years |
MoA
Clear Passage 2020 Fund |
|
|
|
Return
before taxes |
|
|
|
Return
after taxes on distributions |
|
|
|
Return
after taxes on distributions and sales of
shares |
|
|
|
S&P
500®
Index (Index reflects no deduction for fees
and
expenses) |
|
|
|
Bloomberg
U.S. Aggregate Bond Index (Index reflects
no
deduction for fees and expenses) |
|
|
|
FTSE
3-month Treasury Bill Index (Index reflects no
deduction
for fees and expenses) |
|
|
|
|
|
Management
Fees |
|
Other
Expenses |
|
Acquired
Fund Fees and Expenses1 |
|
Total
Annual Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
Fund/Comparative
Index(es) |
Past
One Year |
Past
Five Years |
Past
Ten Years |
MoA
Clear Passage 2025 Fund |
|
|
|
Return
before taxes |
|
|
|
Return
after taxes on distributions |
|
|
|
Return
after taxes on distributions and sales of
shares |
|
|
|
S&P
500®
Index (Index reflects no deduction for fees
and
expenses) |
|
|
|
Bloomberg
U.S. Aggregate Bond Index (Index reflects
no
deduction for fees and expenses) |
|
|
|
FTSE
3-month Treasury Bill Index (Index reflects no
deduction
for fees and expenses) |
|
|
|
|
|
Management
Fees |
|
Other
Expenses |
|
Acquired
Fund Fees and Expenses1 |
|
Total
Annual Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
Fund/Comparative
Index(es) |
Past
One Year |
Past
Five Years |
Past
Ten Years |
MoA
Clear Passage 2030 Fund |
|
|
|
Return
before taxes |
|
|
|
Return
after taxes on distributions |
|
|
|
Return
after taxes on distributions and sales of
shares |
|
|
|
S&P
500®
Index (Index reflects no deduction for fees
and
expenses) |
|
|
|
Bloomberg
U.S. Aggregate Bond Index (Index reflects
no
deduction for fees and expenses) |
|
|
|
FTSE
3-month Treasury Bill Index (Index reflects no
deduction
for fees and expenses) |
|
|
|
|
|
Management
Fees |
|
Other
Expenses |
|
Acquired
Fund Fees and Expenses1 |
|
Total
Annual Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
Fund/Comparative
Index(es) |
Past
One Year |
Past
Five Years |
Past
Ten Years |
MoA
Clear Passage 2035 Fund |
|
|
|
Return
before taxes |
|
|
|
Return
after taxes on distributions |
|
|
|
Return
after taxes on distributions and sales of
shares |
|
|
|
S&P
500®
Index (Index reflects no deduction for fees
and
expenses) |
|
|
|
Bloomberg
U.S. Aggregate Bond Index (Index reflects
no
deduction for fees and expenses) |
|
|
|
FTSE
3-month Treasury Bill Index (Index reflects no
deduction
for fees and expenses) |
|
|
|
|
|
Management
Fees |
|
Other
Expenses |
|
Acquired
Fund Fees and Expenses1 |
|
Total
Annual Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
Fund/Comparative
Index(es) |
Past
One Year |
Past
Five Years |
Past
Ten Years |
MoA
Clear Passage 2040 Fund |
|
|
|
Return
before taxes |
|
|
|
Return
after taxes on distributions |
|
|
|
Return
after taxes on distributions and sales of
shares |
|
|
|
S&P
500®
Index (Index reflects no deduction for fees
and
expenses) |
|
|
|
Bloomberg
U.S. Aggregate Bond Index (Index reflects
no
deduction for fees and expenses) |
|
|
|
FTSE
3-month Treasury Bill Index (Index reflects no
deduction
for fees and expenses) |
|
|
|
|
|
Management
Fees |
|
Other
Expenses |
|
Acquired
Fund Fees and Expenses1 |
|
Total
Annual Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
Fund/Comparative
Index(es) |
Past
One Year |
Past
Five Years |
Past
Ten Years |
MoA
Clear Passage 2045 Fund |
|
|
|
Return
before taxes |
|
|
|
Return
after taxes on distributions |
|
|
|
Return
after taxes on distributions and sales of
shares |
|
|
|
S&P
500®
Index (Index reflects no deduction for fees
and
expenses) |
|
|
|
Bloomberg
U.S. Aggregate Bond Index (Index reflects
no
deduction for fees and expenses) |
|
|
|
FTSE
3-month Treasury Bill Index (Index reflects no
deduction
for fees and expenses) |
|
|
|
|
|
Management
Fees |
|
Other
Expenses |
|
Acquired
Fund Fees and Expenses1 |
|
Total
Annual Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
Fund/Comparative
Index(es) |
Past
One Year |
Past
Five Years |
Past
Ten Years |
MoA
Clear Passage 2050 Fund |
|
|
|
Return
before taxes |
|
|
|
Return
after taxes on distributions |
|
|
|
Return
after taxes on distributions and sales of
shares |
|
|
|
S&P
500®
Index (Index reflects no deduction for fees
and
expenses) |
|
|
|
Bloomberg
U.S. Aggregate Bond Index (Index reflects
no
deduction for fees and expenses) |
|
|
|
FTSE
3-month Treasury Bill Index (Index reflects no
deduction
for fees and expenses) |
|
|
|
|
|
Management
Fees |
|
Other
Expenses |
|
Acquired
Fund Fees and Expenses1 |
|
Total
Annual Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
Fund/Comparative
Index(es) |
Past
One Year |
Past
Five Years |
For
Life of Fund |
Inception
Date |
MoA
Clear Passage 2055 Fund |
|
|
|
|
Return
before taxes |
|
|
|
|
Return
after taxes on
distributions |
|
|
|
|
Return
after taxes on distributions
and
sales of shares |
|
|
|
|
S&P
500®
Index (Index reflects
no
deduction for fees and
expenses) |
|
|
|
|
Bloomberg
U.S. Aggregate Bond
Index
(Index reflects no deduction
for
fees and expenses) |
|
|
|
|
FTSE
3-month Treasury Bill
Index
(Index reflects no deduction
for
fees and expenses) |
|
|
|
|
|
Management
Fees |
|
Other
Expenses |
|
Acquired
Fund Fees and Expenses1 |
|
Total
Annual Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
Fund/Comparative
Index(es) |
Past
One Year |
Past
Five Years |
For
Life of Fund |
Inception
Date |
MoA
Clear Passage 2060 Fund |
|
|
|
|
Return
before taxes |
|
|
|
|
Return
after taxes on distributions |
|
|
|
|
Return
after taxes on distributions
and
sales of shares |
|
|
|
|
S&P
500®
Index (Index reflects no
deduction
for fees and expenses) |
|
|
|
|
Bloomberg
U.S. Aggregate Bond
Index
(Index reflects no deduction
for
fees and expenses) |
|
|
|
|
FTSE
3-month Treasury Bill Index
(Index
reflects no deduction for
fees
and expenses) |
|
|
|
|
|
Management
Fees |
|
Other
Expenses |
|
Acquired
Fund Fees and Expenses1 |
|
Total
Annual Fund Operating Expenses |
|
Fee
Waiver and/or Expense Reimbursement* |
( |
Total
Annual Operating Expenses After Fee Waiver and/or Expense
Reimbursement |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
Fund/Comparative
Index(es) |
Past
One Year |
For
Life of Fund |
Inception
Date |
MoA
Clear Passage 2065 Fund |
|
|
|
Return
before taxes |
|
|
|
Return
after taxes on distributions |
|
|
|
Return
after taxes on distributions and sales of
shares |
|
|
|
S&P
500®
Index (Index reflects no deduction for fees
and
expenses) |
|
|
|
Bloomberg
U.S. Aggregate Bond Index (Index reflects
no
deduction for fees and expenses) |
|
- |
|
FTSE
3-month Treasury Bill Index (Index reflects no
deduction
for fees and expenses) |
|
|
|
|
Management
Fees |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
Fund/Comparative
Index(es) |
Past
One Year |
Past
Five Years |
Past
Ten Years |
MoA
Balanced Fund |
|
|
|
Return
before taxes |
|
|
|
Return
after taxes on distributions |
|
|
|
Return
after taxes on distributions and sales of
shares |
|
|
|
S&P
500®
Index (Index reflects no deduction for fees
and
expenses) |
|
|
|
Bloomberg
U.S. Aggregate Bond Index (Index reflects
no
deduction for fees and expenses) |
|
|
|
FTSE
3-month Treasury Bill Index (Index reflects no
deduction
for fees and expenses) |
|
|
|
|
|
Management
Fees |
|
Other
Expenses |
|
Acquired
Fund Fees and Expenses1 |
|
Total
Annual Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
Fund/Comparative
Index(es) |
Past
One Year |
Past
Five Years |
Past
Ten Years |
MoA
Conservative Allocation Fund |
|
|
|
Return
before taxes |
|
|
|
Return
after taxes on distributions |
|
|
|
Return
after taxes on distributions and sales of
shares |
|
|
|
S&P
500®
Index (Index reflects no deduction for fees
and
expenses) |
|
|
|
Bloomberg
U.S. Aggregate Bond Index (Index reflects
no
deduction for fees and expenses) |
|
|
|
|
|
Management
Fees |
|
Other
Expenses |
|
Acquired
Fund Fees and Expenses1 |
|
Total
Annual Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
Fund/Comparative
Index(es) |
Past
One Year |
Past
Five Years |
Past
Ten Years |
MoA
Moderate Allocation Fund |
|
|
|
Return
before taxes |
|
|
|
Return
after taxes on distributions |
|
|
|
Return
after taxes on distributions and sales of
shares |
|
|
|
S&P
500®
Index (Index reflects no deduction for fees
and
expenses) |
|
|
|
Bloomberg
U.S. Aggregate Bond Index (Index reflects
no
deduction for fees and expenses) |
|
|
|
|
|
Management
Fees |
|
Other
Expenses |
|
Acquired
Fund Fees and Expenses1 |
|
Total
Annual Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
Fund/Comparative
Index(es) |
Past
One Year |
Past
Five Years |
Past
Ten Years |
MoA
Aggressive Allocation Fund |
|
|
|
Return
before taxes |
|
|
|
Return
after taxes on distributions |
|
|
|
Return
after taxes on distributions and sales of
shares |
|
|
|
S&P
500®
Index (Index reflects no deduction for fees
and
expenses) |
|
|
|
Bloomberg
U.S. Aggregate Bond Index (Index reflects
no
deduction for fees and expenses) |
|
|
|
Fund |
Fund
Benchmark Index (es) |
MoA Equity
Index |
S&P 500®
Index |
MoA All
America |
Russell
3000® Index |
MoA Small
Cap Value |
Russell
3000® Index, Russell 2000 Value® Index |
MoA Small
Cap Growth |
Russell
3000® Index, Russell 2000 Growth® Index
|
Fund |
Fund
Benchmark Index (es) |
MoA Small
Cap Equity Index |
S&P 500®
Index, S&P 600® Index |
MoA Mid Cap
Value |
Russell
1000® Index, Russell Midcap® Value Index |
MoA Mid Cap
Equity Index |
S&P 500®
Index, S&P MidCap 400® Index |
MoA
Balanced |
S&P 500®
Index
Bloomberg
U.S. Aggregate Bond Index
FTSE 3-month
Treasury Bill Index |
MoA
International |
MSCI EAFE
Index |
MoA Catholic
Values Index |
S&P 500®
Index, S&P 500® Catholic Values Index |
MoA US
Government Money Market |
FTSE 3-month
Treasury Bill Index |
MoA
Intermediate Bond |
Bloomberg US
Aggregate Bond Index, Bloomberg U.S.
Intermediate
Government/Credit Bond Index |
MoA Core
Bond |
Bloomberg
U.S. Aggregate Bond Index |
MoA Clear
Passage Funds |
S&P 500®
Index
Bloomberg
U.S. Aggregate Bond Index
FTSE 3-month
Treasury Bill Index |
MoA
Allocation Funds |
S&P 500®
Index
Bloomberg
U.S. Aggregate Bond Index |
|
Retirement
Funds Tactical Allocations (as of May 1,
2024) | |||||||||||
|
Retirement
Income
Fund |
Clear
Passage
2015
Fund |
Clear
Passage
2020
Fund |
Clear
Passage
2025
Fund |
Clear
Passage
2030
Fund |
Clear
Passage
2035
Fund |
Clear
Passage
2040
Fund |
Clear
Passage
2045
Fund |
Clear
Passage
2050
Fund |
Clear
Passage
2055
Fund |
Clear
Passage
2060
Fund |
Clear
Passage
2065
Fund |
Domestic
Equity |
25% |
26% |
30% |
37% |
45% |
53% |
59% |
62% |
66% |
68% |
69% |
71% |
MoA Equity
Index Fund |
20% |
21% |
23% |
29% |
34% |
40% |
43% |
45% |
47% |
47% |
46% |
46% |
MoA Mid Cap
Equity Index Fund |
4% |
4% |
4% |
4% |
5% |
7% |
9% |
9% |
10% |
11% |
12% |
12% |
MoA Mid Cap
Value Fund |
1% |
1% |
1% |
1% |
2% |
2% |
2% |
2% |
3% |
3% |
3% |
4% |
MoA Small
Cap Growth Fund |
0% |
0% |
0% |
0% |
1% |
1% |
1% |
2% |
2% |
2% |
2% |
3% |
MoA Small
Cap Equity Index Fund |
0% |
0% |
1% |
1% |
1% |
1% |
2% |
2% |
2% |
3% |
3% |
3% |
MoA Small
Cap Value Fund |
0% |
0% |
1% |
2% |
2% |
2% |
2% |
2% |
2% |
2% |
3% |
3% |
MoA
International Fund |
5% |
5% |
7% |
10% |
12% |
15% |
19% |
21% |
21% |
22% |
23% |
23% |
Total
Equity |
30% |
31% |
37% |
47% |
57% |
68% |
78% |
83% |
87% |
90% |
92% |
94% |
MoA Core
Bond Fund |
35% |
35% |
37% |
34% |
29% |
23% |
15% |
11% |
8% |
7% |
5% |
4% |
MoA
Intermediate Bond Fund |
30% |
29% |
21% |
16% |
11% |
6% |
5% |
4% |
3% |
2% |
2% |
1% |
Total
Fixed Income |
65% |
64% |
58% |
50% |
40% |
29% |
20% |
15% |
11% |
9% |
7% |
5% |
MoA
US Government Money Market Fund |
5% |
5% |
5% |
3% |
3% |
3% |
2% |
2% |
2% |
1% |
1% |
1% |
Total
Assets |
100% |
100% |
100% |
100% |
100% |
100% |
100% |
100% |
100% |
100% |
100% |
100% |
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020
(a) |
2019
(a) |
Net
Asset Value, Beginning of Year |
$48.82 |
$62.41 |
$51.15 |
$47.89 |
$37.75 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.87 |
0.79 |
0.73 |
0.92 |
0.81 |
Net
Realized and Unrealized Gains (Losses) on Investments, Futures Contracts
and
Foreign
Currency Translations |
11.79 |
(12.20) |
13.70 |
7.52 |
10.88 |
Total
From Investment Operations |
12.66 |
(11.41) |
14.43 |
8.44 |
11.69 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.85) |
(0.78) |
(0.70) |
(1.68) |
(0.74) |
From
Net Realized Gains |
(2.34) |
(1.40) |
(2.47) |
(3.50) |
(0.81) |
Total
Distributions |
(3.19) |
(2.18) |
(3.17) |
(5.18) |
(1.55) |
Net
Asset Value, End of Year |
$58.29 |
$48.82 |
$62.41 |
$51.15 |
$47.89 |
Total
Return (%)(b) |
26.12 |
(18.24) |
28.50 |
18.20 |
31.31 |
Net
Assets, End of Year ($ millions) |
5,201 |
4,330 |
4,992 |
3,714 |
3,478 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.57 |
1.51 |
1.27 |
1.72 |
1.90 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%) |
0.14 |
0.14 |
0.13 |
0.15 |
0.13 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%) |
0.14 |
0.14 |
0.13 |
0.15 |
0.13 |
Portfolio
Turnover Rate (%)(c) |
4.07 |
3.14 |
7.01 |
5.77 |
3.01 |
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020
(a) |
2019
(a) |
Net
Asset Value, Beginning of Year |
$19.76 |
$27.73 |
$24.18 |
$24.24 |
$20.50 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.25 |
0.25 |
0.25 |
0.34 |
0.35 |
Net
Realized and Unrealized Gains (Losses) on Investments, Futures Contracts
and
Foreign
Currency Translations |
3.67 |
(5.21) |
6.18 |
3.31 |
5.31 |
Total
From Investment Operations |
3.92 |
(4.96) |
6.43 |
3.65 |
5.66 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.24) |
(0.25) |
(0.20) |
(0.63) |
(0.30) |
From
Net Realized Gains |
(1.86) |
(2.76) |
(2.68) |
(3.08) |
(1.62) |
Total
Distributions |
(2.10) |
(3.01) |
(2.88) |
(3.71) |
(1.92) |
Net
Asset Value, End of Year |
$21.58 |
$19.76 |
$27.73 |
$24.18 |
$24.24 |
Total
Return (%)(b) |
20.33 |
(17.70) |
27.07 |
16.78 |
28.36 |
Net
Assets, End of Year ($ millions) |
299 |
281 |
374 |
320 |
312 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.17 |
1.07 |
0.90 |
1.33 |
1.43 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%) |
0.53 |
0.54 |
0.49 |
0.52 |
0.49 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%) |
0.53 |
0.54 |
0.49 |
0.52 |
0.49 |
Portfolio
Turnover Rate (%)(c) |
31.84 |
19.24 |
19.84 |
24.07 |
26.06 |
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020
(a) |
2019
(a) |
Net
Asset Value, Beginning of Year |
$13.44 |
$16.52 |
$13.45 |
$15.11 |
$13.58 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.24 |
0.19 |
0.17 |
0.23 |
0.23 |
Net
Realized and Unrealized Gains (Losses) on Investments, Futures Contracts
and
Foreign
Currency Translations |
1.00 |
(1.83) |
4.12 |
(1.03) |
2.30 |
Total
From Investment Operations |
1.24 |
(1.64) |
4.29 |
(0.80) |
2.53 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.22) |
(0.18) |
(0.09) |
(0.41) |
(0.13) |
From
Net Realized Gains |
(0.66) |
(1.26) |
(1.13) |
(0.45) |
(0.87) |
Total
Distributions |
(0.88) |
(1.44) |
(1.22) |
(0.86) |
(1.00) |
Net
Asset Value, End of Year |
$13.80 |
$13.44 |
$16.52 |
$13.45 |
$15.11 |
Total
Return (%)(b) |
9.59 |
(9.82) |
32.29 |
(4.01) |
19.10 |
Net
Assets, End of Year ($ millions) |
409 |
413 |
580 |
472 |
518 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.78 |
1.15 |
1.03 |
1.90 |
1.68 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%) |
0.84 |
0.82 |
0.80 |
0.82 |
0.81 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%) |
0.84 |
0.82 |
0.80 |
0.82 |
0.81 |
Portfolio
Turnover Rate (%)(c) |
22.33 |
8.40 |
33.93 |
42.64 |
43.17 |
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020
(a) |
2019
(a) |
Net
Asset Value, Beginning of Year |
$11.01 |
$16.22 |
$17.53 |
$14.63 |
$12.62 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
(0.01) |
(0.01) |
(0.03) |
(0.02) |
0.02 |
Net
Realized and Unrealized Gains (Losses) on Investments, Futures Contracts
and
Foreign
Currency Translations |
1.73 |
(4.60) |
1.74 |
6.01 |
3.24 |
Total
From Investment Operations |
1.72 |
(4.61) |
1.71 |
5.99 |
3.26 |
Less
Distributions |
|||||
From
Net Investment Income |
— |
— |
(0.01) |
(0.06) |
(0.01) |
From
Net Realized Gains |
(0.01) |
(0.60) |
(3.01) |
(3.03) |
(1.24) |
Total
Distributions |
(0.01) |
(0.60) |
(3.02) |
(3.09) |
(1.25) |
Net
Asset Value, End of Year |
$12.72 |
$11.01 |
$16.22 |
$17.53 |
$14.63 |
Total
Return (%)(b) |
15.63 |
(28.37) |
10.38 |
43.31 |
26.59 |
Net
Assets, End of Year ($ millions) |
416 |
432 |
673 |
667 |
609 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
(0.12) |
(0.05) |
(0.24) |
(0.17) |
0.17 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%) |
0.84 |
0.83 |
0.80 |
0.81 |
0.81 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%) |
0.84 |
0.83 |
0.80 |
0.81 |
0.81 |
Portfolio
Turnover Rate (%)(c) |
49.48 |
61.61 |
45.18 |
70.58 |
56.25 |
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020
(a) |
2019
(a) |
Net
Asset Value, Beginning of Year |
$9.08 |
$11.59 |
$10.74 |
$9.93 |
$8.28 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.16 |
0.13 |
0.16 |
0.07 |
0.14 |
Net
Realized and Unrealized Gains (Losses) on Investments, Futures Contracts
and
Foreign
Currency Translations |
1.26 |
(2.03) |
2.62 |
0.94 |
1.72 |
Total
From Investment Operations |
1.42 |
(1.90) |
2.78 |
1.01 |
1.86 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.15) |
(0.12) |
(0.15) |
(0.07) |
(0.13) |
From
Net Realized Gains |
(0.14) |
(0.49) |
(1.78) |
(0.13) |
(0.08) |
Total
Distributions |
(0.29) |
(0.61) |
(1.93) |
(0.20) |
(0.21) |
Net
Asset Value, End of Year |
$10.21 |
$9.08 |
$11.59 |
$10.74 |
$9.93 |
Total
Return (%)(b) |
15.87 |
(16.31) |
26.56 |
10.62 |
22.40 |
Net
Assets, End of Year ($ millions) |
205 |
179 |
143 |
107 |
29 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.76 |
1.54 |
1.29 |
1.51 |
1.50 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%) |
0.24 |
0.25 |
0.25 |
0.39 |
0.42 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%) |
0.14 |
0.14 |
0.14 |
0.12 |
0.14 |
Portfolio
Turnover Rate (%)(c) |
43.99 |
29.55 |
69.91 |
42.67 |
97.06 |
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020
(a) |
2019
(a) |
Net
Asset Value, Beginning of Year |
$15.65 |
$19.21 |
$15.53 |
$16.36 |
$13.39 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.23 |
0.23 |
0.26 |
0.44 |
0.29 |
Net
Realized and Unrealized Gains (Losses) on Investments, Futures Contracts
and
Foreign
Currency Translations |
0.85 |
(2.32) |
5.01 |
(0.14) |
3.28 |
Total
From Investment Operations |
1.08 |
(2.09) |
5.27 |
0.30 |
3.57 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.20) |
(0.29) |
(0.14) |
(0.53) |
(0.21) |
From
Net Realized Gains |
(0.25) |
(1.18) |
(1.45) |
(0.48) |
(0.39) |
Return
of Capital |
— |
— |
— |
(0.12) |
— |
Total
Distributions |
(0.45) |
(1.47) |
(1.59) |
(1.13) |
(0.60) |
Net
Asset Value, End of Year |
$16.28 |
$15.65 |
$19.21 |
$15.53 |
$16.36 |
Total
Return (%)(b) |
6.96 |
(10.67) |
34.35 |
2.82 |
27.04 |
Net
Assets, End of Year ($ millions) |
157 |
115 |
131 |
90 |
99 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.61 |
1.34 |
1.47 |
2.96 |
1.85 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%) |
0.74 |
0.70 |
0.65 |
0.74 |
0.66 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%) |
0.73 |
0.70 |
0.65 |
0.74 |
0.66 |
Portfolio
Turnover Rate (%)(c) |
29.02 |
11.44 |
23.84 |
23.65 |
17.65 |
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020
(a) |
2019
(a) |
Net
Asset Value, Beginning of Year |
$18.91 |
$25.12 |
$23.07 |
$22.45 |
$19.31 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.34 |
0.36 |
0.33 |
0.32 |
0.33 |
Net
Realized and Unrealized Gains (Losses) on Investments, Futures Contracts
and
Foreign
Currency Translations |
2.66 |
(3.76) |
5.21 |
2.37 |
4.57 |
Total
From Investment Operations |
3.00 |
(3.40) |
5.54 |
2.69 |
4.90 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.28) |
(0.31) |
(0.30) |
(0.59) |
(0.27) |
From
Net Realized Gains |
(1.53) |
(2.50) |
(3.19) |
(1.48) |
(1.49) |
Total
Distributions |
(1.81) |
(2.81) |
(3.49) |
(2.07) |
(1.76) |
Net
Asset Value, End of Year |
$20.10 |
$18.91 |
$25.12 |
$23.07 |
$22.45 |
Total
Return (%)(b) |
16.25 |
(13.23) |
24.56 |
13.50 |
26.01 |
Net
Assets, End of Year ($ millions) |
1,501 |
1,600 |
2,118 |
1,856 |
1,681 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.63 |
1.58 |
1.24 |
1.56 |
1.67 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%) |
0.15 |
0.16 |
0.14 |
0.15 |
0.13 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%) |
0.15 |
0.16 |
0.14 |
0.15 |
0.13 |
Portfolio
Turnover Rate (%)(c) |
19.60 |
19.54 |
25.62 |
13.14 |
14.30 |
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020
(a) |
2019
(a) |
Net
Asset Value, Beginning of Year |
$17.39 |
$21.18 |
$19.16 |
$18.68 |
$16.75 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.39 |
0.35 |
0.32 |
0.37 |
0.39 |
Net
Realized and Unrealized Gains (Losses) on Investments, Futures Contracts
and
Foreign
Currency Translations |
2.21 |
(2.91) |
2.80 |
1.75 |
2.78 |
Total
From Investment Operations |
2.60 |
(2.56) |
3.12 |
2.12 |
3.17 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.40) |
(0.36) |
(0.32) |
(0.77) |
(0.41) |
From
Net Realized Gains |
(0.77) |
(0.87) |
(0.78) |
(0.87) |
(0.83) |
Total
Distributions |
(1.17) |
(1.23) |
(1.10) |
(1.64) |
(1.24) |
Net
Asset Value, End of Year |
$18.82 |
$17.39 |
$21.18 |
$19.16 |
$18.68 |
Total
Return (%)(b) |
15.07 |
(12.02) |
16.48 |
11.77 |
19.37 |
Net
Assets, End of Year ($ millions) |
187 |
180 |
218 |
191 |
194 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
2.09 |
1.81 |
1.53 |
1.76 |
2.12 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%) |
0.54 |
0.54 |
0.46 |
0.54 |
0.50 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%) |
0.54 |
0.54 |
0.46 |
0.54 |
0.50 |
Portfolio
Turnover Rate (%)(c) |
50.33 |
25.01 |
23.68 |
38.58 |
41.92 |
|
Years
Ended December 31, | ||||
2023 |
2022 |
2021 |
2020
(a) |
2019
(a) | |
Net
Asset Value, Beginning of Year |
$7.24 |
$9.26 |
$9.34 |
$9.05 |
$7.66 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.29 |
0.31 |
0.20 |
0.14 |
0.23 |
Net
Realized and Unrealized Gains (Losses) on Investments, Futures Contracts
and
Foreign
Currency Translations |
1.09 |
(1.44) |
0.74 |
0.56 |
1.36 |
Total
From Investment Operations |
1.38 |
(1.13) |
0.94 |
0.70 |
1.59 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.42) |
(0.23) |
(0.16) |
(0.38) |
(0.20) |
From
Net Realized Gains |
— |
(0.66) |
(0.86) |
(0.03) |
— |
Return
of Capital |
— |
— |
— |
—
(d) |
— |
Total
Distributions |
(0.42) |
(0.89) |
(1.02) |
(0.41) |
(0.20) |
Net
Asset Value, End of Year |
$8.20 |
$7.24 |
$9.26 |
$9.34 |
$9.05 |
Total
Return (%)(b) |
19.55 |
(11.09) |
10.37 |
8.19 |
21.01 |
Net
Assets, End of Year ($ millions) |
1,460 |
1,202 |
1,203 |
940 |
720 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
3.83 |
4.10 |
2.05 |
2.20 |
3.26 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(e) |
0.14 |
0.13 |
0.12 |
0.13 |
0.12 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(e) |
0.13 |
0.13 |
0.12 |
0.13 |
0.12 |
Portfolio
Turnover Rate (%)(c) |
20.14 |
18.25 |
123.53 |
4.69 |
3.61 |
|
Years
Ended December 31, |
Period
Ended
December
31, | ||
|
2023 |
2022 |
2021 |
2020
(a) |
Net
Asset Value, Beginning of Year |
$10.97 |
$14.06 |
$11.17 |
$10.00 |
Income
(Loss) from Investment Operations |
|
|||
Net
Investment Income (Loss) |
0.17 |
0.15 |
0.15 |
0.04 |
Net
Realized and Unrealized Gains (Losses) on Investments, Futures Contracts
and
Foreign
Currency Translations |
2.71 |
(2.98) |
3.07 |
1.17 |
Total
From Investment Operations |
2.88 |
(2.83) |
3.22 |
1.21 |
Less
Distributions |
|
|||
From
Net Investment Income |
(0.17) |
(0.15) |
(0.14) |
(0.04) |
From
Net Realized Gains |
(0.17) |
(0.11) |
(0.19) |
—
(b) |
Total
Distributions |
(0.34) |
(0.26) |
(0.33) |
(0.04) |
Net
Asset Value, End of Year |
$13.51 |
$10.97 |
$14.06 |
$11.17 |
Total
Return (%)(c) |
26.37 |
(20.10) |
28.99 |
12.12
(d) |
Net
Assets, End of Year ($ millions) |
6 |
4 |
5 |
3 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.39 |
1.36 |
1.16 |
1.57
(e) |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%) |
2.94 |
2.53 |
2.14 |
2.18
(e) |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%) |
0.22 |
0.22 |
0.22 |
0.15
(e) |
Portfolio
Turnover Rate (%)(f) |
25.23 |
13.48 |
9.54 |
16.38
(d) |
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020
(g) |
2019
(g) |
Net
Asset Value, Beginning of Year |
$10.24 |
$12.26 |
$12.09 |
$12.09 |
$11.18 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.26 |
0.17 |
0.15 |
0.41 |
0.18 |
Net
Realized and Unrealized Gains (Losses) on Investments, Futures Contracts
and
Foreign
Currency Translations |
0.74 |
(1.54) |
0.54 |
0.49 |
1.14 |
Total
From Investment Operations |
1.00 |
(1.37) |
0.69 |
0.90 |
1.32 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.26) |
(0.17) |
(0.16) |
(0.60) |
(0.20) |
From
Net Realized Gains |
(0.08) |
(0.48) |
(0.36) |
(0.30) |
(0.21) |
Total
Distributions |
(0.34) |
(0.65) |
(0.52) |
(0.90) |
(0.41) |
Net
Asset Value, End of Year |
$10.90 |
$10.24 |
$12.26 |
$12.09 |
$12.09 |
Total
Return (%)(c) |
9.91 |
(11.12) |
5.77 |
7.59 |
11.85 |
Net
Assets, End of Year ($ millions) |
207 |
203 |
224 |
193 |
138 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
2.40 |
1.58 |
1.22 |
4.25 |
1.87 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(h) |
0.16 |
0.13 |
0.11 |
0.11 |
0.12 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(h) |
0.16 |
0.13 |
0.11 |
0.11 |
0.12 |
Portfolio
Turnover Rate (%)(f) |
25.22 |
32.16 |
28.07 |
23.13 |
10.49 |
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020
(a) |
2019
(a) |
Net
Asset Value, Beginning of Year |
$8.13 |
$9.45 |
$9.90 |
$10.49 |
$9.73 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.20 |
0.13 |
0.13 |
0.39 |
0.20 |
Net
Realized and Unrealized Gains (Losses) on Investments, Futures Contracts
and
Foreign
Currency Translations |
0.65 |
(1.27) |
0.63 |
0.37 |
1.27 |
Total
From Investment Operations |
0.85 |
(1.14) |
0.76 |
0.76 |
1.47 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.21) |
(0.13) |
(0.15) |
(0.59) |
(0.22) |
From
Net Realized Gains |
(0.14) |
(0.02) |
(1.09) |
(0.76) |
(0.49) |
Total
Distributions |
(0.35) |
(0.15) |
(1.24) |
(1.35) |
(0.71) |
Capital
Contribution from Adviser |
— |
(0.03)(b)
|
0.03
(b) |
— |
— |
Net
Asset Value, End of Year |
$8.63 |
$8.13 |
$9.45 |
$9.90 |
$10.49 |
Total
Return (%)(c) |
10.55 |
(12.38) |
8.11 |
7.65 |
15.34 |
Net
Assets, End of Year ($ millions) |
111 |
113 |
141 |
140 |
149 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
2.34 |
1.53 |
1.26 |
3.63 |
1.81 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(d) |
0.22 |
0.16 |
0.13 |
0.12 |
0.11 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(d) |
0.22 |
0.16 |
0.13 |
0.12 |
0.11 |
Portfolio
Turnover Rate (%)(e) |
19.08 |
24.14 |
24.63 |
25.28 |
13.69 |
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020
(a) |
2019
(a) |
Net
Asset Value, Beginning of Year |
$9.55 |
$12.16 |
$11.84 |
$12.42 |
$11.25 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.26 |
0.18 |
0.16 |
0.46 |
0.22 |
Net
Realized and Unrealized Gains (Losses) on Investments, Futures Contracts
and
Foreign
Currency Translations |
0.86 |
(1.78) |
0.99 |
0.62 |
1.71 |
Total
From Investment Operations |
1.12 |
(1.60) |
1.15 |
1.08 |
1.93 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.26) |
(0.18) |
(0.20) |
(0.70) |
(0.23) |
From
Net Realized Gains |
(0.23) |
(0.83) |
(0.63) |
(0.96) |
(0.53) |
Total
Distributions |
(0.49) |
(1.01) |
(0.83) |
(1.66) |
(0.76) |
Net
Asset Value, End of Year |
$10.18 |
$9.55 |
$12.16 |
$11.84 |
$12.42 |
Total
Return (%)(c) |
11.83 |
(13.06) |
9.80 |
9.11 |
17.53 |
Net
Assets, End of Year ($ millions) |
491 |
504 |
621 |
594 |
608 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
2.48 |
1.65 |
1.29 |
3.66 |
1.85 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(d) |
0.12 |
0.09 |
0.08 |
0.07 |
0.08 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(d) |
0.11 |
0.09 |
0.08 |
0.07 |
0.08 |
Portfolio
Turnover Rate (%)(e) |
21.68 |
19.16 |
22.78 |
22.40 |
10.33 |
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020
(a) |
2019
(a) |
Net
Asset Value, Beginning of Year |
$10.98 |
$13.97 |
$13.29 |
$13.65 |
$12.02 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.29 |
0.20 |
0.18 |
0.48 |
0.20 |
Net
Realized and Unrealized Gains (Losses) on Investments, Futures Contracts
and
Foreign
Currency Translations |
1.18 |
(2.11) |
1.39 |
0.85 |
2.15 |
Total
From Investment Operations |
1.47 |
(1.91) |
1.57 |
1.33 |
2.35 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.29) |
(0.21) |
(0.23) |
(0.72) |
(0.23) |
From
Net Realized Gains |
(0.33) |
(0.87) |
(0.66) |
(0.97) |
(0.49) |
Total
Distributions |
(0.62) |
(1.08) |
(0.89) |
(1.69) |
(0.72) |
Net
Asset Value, End of Year |
$11.83 |
$10.98 |
$13.97 |
$13.29 |
$13.65 |
Total
Return (%)(b) |
13.59 |
(13.56) |
11.96 |
10.26 |
19.79 |
Net
Assets, End of Year ($ millions) |
1,129 |
1,057 |
1,203 |
1,020 |
946 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
2.50 |
1.69 |
1.29 |
3.68 |
1.81 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(c) |
0.10 |
0.08 |
0.08 |
0.07 |
0.07 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(c) |
0.09 |
0.08 |
0.08 |
0.07 |
0.07 |
Portfolio
Turnover Rate (%)(d) |
22.19 |
18.16 |
15.42 |
16.72 |
5.08 |
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020
(a) |
2019
(a) |
Net
Asset Value, Beginning of Year |
$11.90 |
$15.25 |
$14.08 |
$14.32 |
$12.36 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.31 |
0.22 |
0.19 |
0.48 |
0.20 |
Net
Realized and Unrealized Gains (Losses) on Investments, Futures Contracts
and
Foreign
Currency Translations |
1.48 |
(2.40) |
1.94 |
1.10 |
2.47 |
Total
From Investment Operations |
1.79 |
(2.18) |
2.13 |
1.58 |
2.67 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.31) |
(0.22) |
(0.26) |
(0.73) |
(0.22) |
From
Net Realized Gains |
(0.46) |
(0.95) |
(0.70) |
(1.09) |
(0.49) |
Total
Distributions |
(0.77) |
(1.17) |
(0.96) |
(1.82) |
(0.71) |
Net
Asset Value, End of Year |
$12.92 |
$11.90 |
$15.25 |
$14.08 |
$14.32 |
Total
Return (%)(b) |
15.25 |
(14.14) |
15.29 |
11.67 |
21.93 |
Net
Assets, End of Year ($ millions) |
1,309 |
1,125 |
1,231 |
981 |
854 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
2.46 |
1.67 |
1.25 |
3.67 |
1.71 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(c) |
0.10 |
0.08 |
0.08 |
0.07 |
0.07 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(c) |
0.09 |
0.08 |
0.08 |
0.07 |
0.07 |
Portfolio
Turnover Rate (%)(d) |
19.17 |
15.52 |
13.45 |
12.53 |
4.23 |
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020
(a) |
2019
(a) |
Net
Asset Value, Beginning of Year |
$12.20 |
$16.00 |
$14.40 |
$14.59 |
$12.43 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.31 |
0.23 |
0.20 |
0.48 |
0.19 |
Net
Realized and Unrealized Gains (Losses) on Investments, Futures Contracts
and
Foreign
Currency Translations |
1.76 |
(2.69) |
2.34 |
1.25 |
2.70 |
Total
From Investment Operations |
2.07 |
(2.46) |
2.54 |
1.73 |
2.89 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.32) |
(0.24) |
(0.29) |
(0.72) |
(0.22) |
From
Net Realized Gains |
(0.43) |
(1.10) |
(0.65) |
(1.20) |
(0.51) |
Total
Distributions |
(0.75) |
(1.34) |
(0.94) |
(1.92) |
(0.73) |
Net
Asset Value, End of Year |
$13.52 |
$12.20 |
$16.00 |
$14.40 |
$14.59 |
Total
Return (%)(b) |
17.26 |
(15.20) |
17.84 |
12.61 |
23.62 |
Net
Assets, End of Year ($ millions) |
1,231 |
1,023 |
1,101 |
846 |
712 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
2.44 |
1.70 |
1.25 |
3.67 |
1.64 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(c) |
0.10 |
0.08 |
0.08 |
0.07 |
0.08 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(c) |
0.10 |
0.08 |
0.08 |
0.07 |
0.08 |
Portfolio
Turnover Rate (%)(d) |
18.50 |
16.15 |
8.93 |
11.53 |
3.33 |
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020
(a) |
2019
(a) |
Net
Asset Value, Beginning of Year |
$12.12 |
$16.15 |
$14.44 |
$14.48 |
$12.23 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.31 |
0.23 |
0.20 |
0.47 |
0.18 |
Net
Realized and Unrealized Gains (Losses) on Investments, Futures Contracts
and
Foreign
Currency Translations |
1.93 |
(2.75) |
2.64 |
1.37 |
2.74 |
Total
From Investment Operations |
2.24 |
(2.52) |
2.84 |
1.84 |
2.92 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.31) |
(0.24) |
(0.30) |
(0.70) |
(0.21) |
From
Net Realized Gains |
(0.49) |
(1.27) |
(0.83) |
(1.18) |
(0.46) |
Total
Distributions |
(0.80) |
(1.51) |
(1.13) |
(1.88) |
(0.67) |
Net
Asset Value, End of Year |
$13.56 |
$12.12 |
$16.15 |
$14.44 |
$14.48 |
Total
Return (%)(b) |
18.87 |
(15.37) |
19.89 |
13.43 |
24.25 |
Net
Assets, End of Year ($ millions) |
1,038 |
848 |
925 |
708 |
587 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
2.40 |
1.69 |
1.22 |
3.59 |
1.59 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(c) |
0.10 |
0.08 |
0.08 |
0.07 |
0.08 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(c) |
0.10 |
0.08 |
0.08 |
0.07 |
0.08 |
Portfolio
Turnover Rate (%)(d) |
18.97 |
10.97 |
11.55 |
12.53 |
2.38 |
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020
(a) |
2019
(a) |
Net
Asset Value, Beginning of Year |
$11.89 |
$15.97 |
$14.28 |
$14.32 |
$12.14 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.30 |
0.22 |
0.19 |
0.45 |
0.18 |
Net
Realized and Unrealized Gains (Losses) on Investments, Futures Contracts
and
Foreign
Currency Translations |
1.99 |
(2.75) |
2.71 |
1.34 |
2.75 |
Total
From Investment Operations |
2.29 |
(2.53) |
2.90 |
1.79 |
2.93 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.31) |
(0.23) |
(0.29) |
(0.68) |
(0.21) |
From
Net Realized Gains |
(0.50) |
(1.32) |
(0.92) |
(1.15) |
(0.54) |
Total
Distributions |
(0.81) |
(1.55) |
(1.21) |
(1.83) |
(0.75) |
Net
Asset Value, End of Year |
$13.37 |
$11.89 |
$15.97 |
$14.28 |
$14.32 |
Total
Return (%)(b) |
19.64 |
(15.59) |
20.57 |
13.31 |
24.54 |
Net
Assets, End of Year ($ millions) |
1,069 |
875 |
957 |
733 |
611 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
2.38 |
1.68 |
1.19 |
3.54 |
1.54 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(c) |
0.10 |
0.08 |
0.08 |
0.07 |
0.08 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(c) |
0.09 |
0.08 |
0.08 |
0.07 |
0.08 |
Portfolio
Turnover Rate (%)(d) |
14.87 |
13.09 |
11.96 |
10.77 |
2.56 |
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020
(a) |
2019
(a) |
Net
Asset Value, Beginning of Year |
$15.20 |
$20.31 |
$17.92 |
$17.47 |
$14.64 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.38 |
0.28 |
0.24 |
0.54 |
0.19 |
Net
Realized and Unrealized Gains (Losses) on Investments, Futures Contracts
and
Foreign
Currency Translations |
2.59 |
(3.52) |
3.45 |
1.68 |
3.37 |
Total
From Investment Operations |
2.97 |
(3.24) |
3.69 |
2.22 |
3.56 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.39) |
(0.29) |
(0.38) |
(0.81) |
(0.23) |
From
Net Realized Gains |
(0.73) |
(1.58) |
(0.92) |
(0.96) |
(0.50) |
Total
Distributions |
(1.12) |
(1.87) |
(1.30) |
(1.77) |
(0.73) |
Net
Asset Value, End of Year |
$17.05 |
$15.20 |
$20.31 |
$17.92 |
$17.47 |
Total
Return (%)(b) |
19.94 |
(15.66) |
20.82 |
13.39 |
24.65 |
Net
Assets, End of Year ($ millions) |
830 |
665 |
717 |
536 |
425 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
2.36 |
1.66 |
1.18 |
3.56 |
1.53 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(c) |
0.11 |
0.09 |
0.08 |
0.08 |
0.08 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(c) |
0.10 |
0.09 |
0.08 |
0.08 |
0.08 |
Portfolio
Turnover Rate (%)(d) |
16.86 |
12.91 |
11.57 |
9.80 |
2.11 |
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020
(a) |
2019
(a) |
Net
Asset Value, Beginning of Year |
$11.99 |
$15.99 |
$13.98 |
$13.31 |
$11.02 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.30 |
0.21 |
0.18 |
0.38 |
0.10 |
Net
Realized and Unrealized Gains (Losses) on Investments, Futures Contracts
and
Foreign
Currency Translations |
2.05 |
(2.77) |
2.74 |
1.41 |
2.56 |
Total
From Investment Operations |
2.35 |
(2.56) |
2.92 |
1.79 |
2.66 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.30) |
(0.23) |
(0.29) |
(0.57) |
(0.12) |
From
Net Realized Gains |
(0.37) |
(1.21) |
(0.62) |
(0.55) |
(0.25) |
Total
Distributions |
(0.67) |
(1.44) |
(0.91) |
(1.12) |
(0.37) |
Net
Asset Value, End of Year |
$13.67 |
$11.99 |
$15.99 |
$13.98 |
$13.31 |
Total
Return (%)(b) |
19.98 |
(15.77) |
21.11 |
13.93 |
24.39 |
Net
Assets, End of Year ($ millions) |
450 |
339 |
330 |
220 |
144 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
2.38 |
1.64 |
1.16 |
3.66 |
1.58 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(c) |
0.13 |
0.11 |
0.10 |
0.11 |
0.12 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(c) |
0.12 |
0.11 |
0.10 |
0.11 |
0.12 |
Portfolio
Turnover Rate (%)(d) |
14.85 |
12.88 |
10.49 |
7.28 |
0.57 |
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020
(a) |
2019
(a) |
Net
Asset Value, Beginning of Year |
$10.18 |
$13.58 |
$11.87 |
$11.12 |
$8.95 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.25 |
0.18 |
0.16 |
0.28 |
0.08 |
Net
Realized and Unrealized Gains (Losses) on Investments, Futures Contracts
and
Foreign
Currency Translations |
1.77 |
(2.34) |
2.38 |
1.25 |
2.11 |
Total
From Investment Operations |
2.02 |
(2.16) |
2.54 |
1.53 |
2.19 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.25) |
(0.19) |
(0.26) |
(0.42) |
(0.01) |
From
Net Realized Gains |
(0.27) |
(1.05) |
(0.57) |
(0.36) |
(0.01) |
Total
Distributions |
(0.52) |
(1.24) |
(0.83) |
(0.78) |
(0.02) |
Net
Asset Value, End of Year |
$11.68 |
$10.18 |
$13.58 |
$11.87 |
$11.12 |
Total
Return (%)(b) |
20.19 |
(15.72) |
21.60 |
14.08 |
24.53 |
Net
Assets, End of Year ($ millions) |
233 |
155 |
130 |
72 |
30 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
2.39 |
1.62 |
1.25 |
4.14 |
1.95 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(c) |
0.17 |
0.17 |
0.16 |
0.22 |
0.51 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(c) |
0.17 |
0.17 |
0.05 |
0.05 |
0.05 |
Portfolio
Turnover Rate (%)(d) |
12.15 |
12.95 |
14.26 |
6.70 |
1.73 |
|
Years
Ended December 31, |
Period
Ended
December
31, | ||
|
2023 |
2022 |
2021 |
2020
(a),(b) |
Net
Asset Value, Beginning of Year |
$10.25 |
$13.20 |
$11.45 |
$10.00 |
Income
(Loss) from Investment Operations |
|
|||
Net
Investment Income (Loss) |
0.26 |
0.18 |
0.16 |
0.22 |
Net
Realized and Unrealized Gains (Losses) on Investments, Futures Contracts
and
Foreign
Currency Translations |
1.81 |
(2.26) |
2.31 |
1.59 |
Total
From Investment Operations |
2.07 |
(2.08) |
2.47 |
1.81 |
Less
Distributions |
|
|||
From
Net Investment Income |
(0.26) |
(0.19) |
(0.26) |
(0.24) |
From
Net Realized Gains |
(0.17) |
(0.68) |
(0.46) |
(0.12) |
Total
Distributions |
(0.43) |
(0.87) |
(0.72) |
(0.36) |
Net
Asset Value, End of Year |
$11.89 |
$10.25 |
$13.20 |
$11.45 |
Total
Return (%)(c) |
20.50 |
(15.54) |
21.73 |
18.16
(d) |
Net
Assets, End of Year ($ millions) |
68 |
34 |
17 |
3 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
2.62 |
1.88 |
1.44 |
3.40
(d) |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(e) |
0.43 |
0.63 |
1.15 |
4.61
(f) |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(e) |
0.05 |
0.05 |
0.05 |
0.05
(f) |
Portfolio
Turnover Rate (%)(g) |
17.62 |
16.45 |
28.10 |
10.76
(d) |
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020
(a) |
2019
(a) |
Net
Asset Value, Beginning of Year |
$10.40 |
$12.86 |
$12.67 |
$12.71 |
$11.65 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.25 |
0.19 |
0.18 |
0.48 |
0.24 |
Net
Realized and Unrealized Gains (Losses) on Investments, Futures Contracts
and
Foreign
Currency Translations |
0.91 |
(1.80) |
0.80 |
0.67 |
1.38 |
Total
From Investment Operations |
1.16 |
(1.61) |
0.98 |
1.15 |
1.62 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.26) |
(0.19) |
(0.20) |
(0.74) |
(0.26) |
From
Net Realized Gains |
(0.14) |
(0.66) |
(0.59) |
(0.45) |
(0.30) |
Total
Distributions |
(0.40) |
(0.85) |
(0.79) |
(1.19) |
(0.56) |
Net
Asset Value, End of Year |
$11.16 |
$10.40 |
$12.86 |
$12.67 |
$12.71 |
Total
Return (%)(c) |
11.22 |
(12.44) |
7.82 |
9.32 |
13.99 |
Net
Assets, End of Year ($ millions) |
158 |
161 |
201 |
188 |
178 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
2.24 |
1.63 |
1.36 |
3.81 |
2.07 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(e) |
0.13 |
0.08 |
0.06 |
0.06 |
0.05 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(e) |
0.13 |
0.08 |
0.06 |
0.06 |
0.05 |
Portfolio
Turnover Rate (%)(g) |
12.65 |
10.16 |
16.91 |
10.07 |
9.54 |
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020
(a) |
2019
(a) |
Net
Asset Value, Beginning of Year |
$12.20 |
$15.98 |
$15.14 |
$15.51 |
$13.85 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.30 |
0.24 |
0.22 |
0.58 |
0.29 |
Net
Realized and Unrealized Gains (Losses) on Investments, Futures Contracts
and
Foreign
Currency Translations |
1.53 |
(2.49) |
1.90 |
1.13 |
2.32 |
Total
From Investment Operations |
1.83 |
(2.25) |
2.12 |
1.71 |
2.61 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.30) |
(0.24) |
(0.28) |
(0.89) |
(0.31) |
From
Net Realized Gains |
(0.56) |
(1.29) |
(1.00) |
(1.19) |
(0.64) |
Total
Distributions |
(0.86) |
(1.53) |
(1.28) |
(2.08) |
(0.95) |
Net
Asset Value, End of Year |
$13.17 |
$12.20 |
$15.98 |
$15.14 |
$15.51 |
Total
Return (%)(b) |
15.34 |
(13.91) |
14.19 |
11.67 |
19.15 |
Net
Assets, End of Year ($ millions) |
403 |
393 |
487 |
444 |
433 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
2.25 |
1.71 |
1.34 |
3.69 |
1.91 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(c) |
0.07 |
0.04 |
0.03 |
0.03 |
0.03 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(c) |
0.07 |
0.04 |
0.03 |
0.03 |
0.03 |
Portfolio
Turnover Rate (%)(d) |
12.56 |
8.74 |
14.83 |
10.69 |
8.40 |
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020
(a) |
2019
(a) |
Net
Asset Value, Beginning of Year |
$13.30 |
$17.86 |
$16.80 |
$17.36 |
$15.30 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.32 |
0.26 |
0.23 |
0.59 |
0.29 |
Net
Realized and Unrealized Gains (Losses) on Investments, Futures Contracts
and
Foreign
Currency Translations |
1.94 |
(3.02) |
2.78 |
1.60 |
3.10 |
Total
From Investment Operations |
2.26 |
(2.76) |
3.01 |
2.19 |
3.39 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.32) |
(0.27) |
(0.35) |
(0.92) |
(0.33) |
From
Net Realized Gains |
(0.83) |
(1.53) |
(1.60) |
(1.83) |
(1.00) |
Total
Distributions |
(1.15) |
(1.80) |
(1.95) |
(2.75) |
(1.33) |
Net
Asset Value, End of Year |
$14.41 |
$13.30 |
$17.86 |
$16.80 |
$17.36 |
Total
Return (%)(b) |
17.52 |
(15.24) |
18.21 |
13.72 |
22.74 |
Net
Assets, End of Year ($ millions) |
336 |
313 |
390 |
337 |
320 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
2.21 |
1.66 |
1.22 |
3.50 |
1.69 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(c) |
0.08 |
0.05 |
0.04 |
0.04 |
0.04 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(c) |
0.08 |
0.05 |
0.04 |
0.04 |
0.04 |
Portfolio
Turnover Rate (%)(d) |
10.51 |
9.54 |
13.06 |
10.23 |
9.06 |
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020
(a) |
2019
(a) |
Net
Asset Value, Beginning of Year |
$11.833 |
$11.827 |
$11.852 |
$12.315 |
$12.2150 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.559 |
0.157 |
(0.020) |
0.185 |
0.3293 |
Net
Realized and Unrealized Gains (Losses) on Investments, Futures Contracts
and
Foreign Currency Translations |
0.015 |
0.003 |
(0.005) |
(0.148) |
(0.0838) |
Total
From Investment Operations |
0.574 |
0.160 |
(0.025) |
0.037 |
0.2455 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.549) |
(0.154) |
— |
(0.499) |
(0.1457) |
From
Net Realized Gains |
—
(b) |
— |
— |
(0.001) |
—
(c) |
Return
of Capital |
— |
— |
— |
—
(b) |
— |
Total
Distributions |
(0.549) |
(0.154) |
— |
(0.500) |
(0.1457) |
Net
Asset Value, End of Year |
$11.858 |
$11.833 |
$11.827 |
$11.852 |
$12.3148 |
Total
Return (%)(d) |
4.99 |
1.31 |
(0.17) |
0.28 |
2.01 |
Net
Assets, End of Year ($ millions) |
586 |
335 |
173 |
122 |
154 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
4.90 |
1.71 |
(0.20) |
0.40 |
2.02 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%) |
0.23 |
0.24 |
0.26 |
0.27 |
0.24 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%) |
0.23 |
0.24 |
0.26 |
0.27 |
0.24 |
Portfolio
Turnover Rate (%)(e) |
NA |
NA |
NA |
NA |
NA |
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020
(a) |
2019
(a) |
Net
Asset Value, Beginning of Year |
$9.43 |
$10.36 |
$10.79 |
$10.63 |
$10.24 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.22 |
0.14 |
0.14 |
0.15 |
0.21 |
Net
Realized and Unrealized Gains (Losses) on Investments, Futures Contracts
and
Foreign
Currency Translations |
0.21 |
(0.93) |
(0.36) |
0.39 |
0.41 |
Total
From Investment Operations |
0.43 |
(0.79) |
(0.22) |
0.54 |
0.62 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.22) |
(0.14) |
(0.14) |
(0.38) |
(0.23) |
From
Net Realized Gains |
— |
—
(f) |
(0.07) |
—
(f) |
— |
Total
Distributions |
(0.22) |
(0.14) |
(0.21) |
(0.38) |
(0.23) |
Net
Asset Value, End of Year |
$9.64 |
$9.43 |
$10.36 |
$10.79 |
$10.63 |
Total
Return (%)(d) |
4.62 |
(7.66) |
(2.02) |
5.05 |
6.04 |
Net
Assets, End of Year ($ millions) |
950 |
878 |
866 |
829 |
672 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
2.39 |
1.42 |
1.32 |
1.79 |
2.26 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%) |
0.47 |
0.45 |
0.44 |
0.46 |
0.45 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%) |
0.46 |
0.45 |
0.44 |
0.46 |
0.45 |
Portfolio
Turnover Rate (%)(e) |
50.30 |
21.07 |
17.57 |
10.72 |
19.47 |
|
Years
Ended December 31, | ||||
|
2023 |
2022 |
2021 |
2020
(a) |
2019
(a) |
Net
Asset Value, Beginning of Year |
$12.21 |
$14.32 |
$15.01 |
$14.77 |
$14.07 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.36 |
0.27 |
0.23 |
0.28 |
0.35 |
Net
Realized and Unrealized Gains (Losses) on Investments, Futures Contracts
and
Foreign
Currency Translations |
0.24 |
(2.09) |
(0.60) |
0.67 |
0.72 |
Total
From Investment Operations |
0.60 |
(1.82) |
(0.37) |
0.95 |
1.07 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.36) |
(0.29) |
(0.27) |
(0.70) |
(0.37) |
From
Net Realized Gains |
— |
— |
(0.05) |
(0.01) |
— |
Return
of Capital |
— |
— |
— |
—
(b) |
— |
Total
Distributions |
(0.36) |
(0.29) |
(0.32) |
(0.71) |
(0.37) |
Net
Asset Value, End of Year |
$12.45 |
$12.21 |
$14.32 |
$15.01 |
$14.77 |
Total
Return (%)(c) |
5.03 |
(12.79) |
(2.45) |
6.40 |
7.65 |
Net
Assets, End of Year ($ millions) |
2,060 |
1,841 |
2,049 |
1,873 |
1,574 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
2.94 |
2.07 |
1.56 |
2.03 |
2.70 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%) |
0.45 |
0.43 |
0.43 |
0.45 |
0.44 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%) |
0.44 |
0.43 |
0.43 |
0.45 |
0.44 |
Portfolio
Turnover Rate (%)(d) |
34.81 |
33.44 |
31.53 |
28.98 |
13.36 |