|
Page |
3
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3
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6
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9
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12
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15
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18
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21
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24
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28
| |
32
| |
36
| |
39
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42
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45
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49
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54
| |
59
| |
64
| |
69
| |
74
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79
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84
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89
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94
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99
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105
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109
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113
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120
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121
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123
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124
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125
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126
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127
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128
| |
129
| |
133
| |
136
| |
142
| |
143
| |
143
| |
143
| |
146
| |
146
|
|
|
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 |
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 |
All
America 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 |
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 |
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 |
For
Life of Fund |
Inception
Date |
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 |
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 |
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 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 |
Composite
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 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 |
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 |
|
Acquired
Fund Fees and 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 |
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 |
|
Acquired
Fund Fees and 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 |
Money
Market Fund |
- |
||
FTSE
3-month Treasury Bill Index (Index reflects no
deduction
for fees and expenses) |
|
|
|
|
|
Management
Fees |
|
Other
Expenses |
|
Acquired
Fund Fees and 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 |
Mid-Term
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 |
|
Acquired
Fund Fees and 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 |
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 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 |
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 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 |
2015
Retirement 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 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 |
2020
Retirement 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 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 |
2025
Retirement 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 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 |
2030
Retirement 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 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 |
2035
Retirement 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 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 |
2040
Retirement 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 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 |
2045
Retirement 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 Expenses |
|
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 |
2050
Retirement 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 Expenses |
|
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 |
2055
Retirement 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 Expenses |
|
Total
Annual Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
Fund/Comparative
Index(es) |
Past
One Year |
For
Life of Fund |
Inception
Date |
2060
Retirement 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 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 |
2065
Retirement 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 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 |
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 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 |
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 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 |
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) |
- |
|
|
|
Target
Allocation of the Retirement Funds (as of May 1,
2022) | |||||||||||
Retirement
Income
Fund |
2015
Retirement
Fund |
2020
Retirement
Fund |
2025
Retirement
Fund |
2030
Retirement
Fund |
2035
Retirement
Fund |
2040
Retirement
Fund |
2045
Retirement
Fund |
2050
Retirement
Fund |
2055
Retirement
Fund |
2060
Retirement
Fund |
2065
Retirement
Fund | |
Domestic
Equity |
25% |
28% |
34% |
41% |
49% |
58% |
64% |
68% |
70% |
71% |
72% |
73% |
Equity
Index Fund |
20% |
23% |
25% |
30% |
35% |
40% |
44% |
47% |
48% |
47% |
47% |
48% |
Mid-Cap
Equity
Funds |
5% |
5% |
7% |
8% |
10% |
13% |
14% |
14% |
14% |
15% |
15% |
15% |
Small
Cap Equity
Funds |
0% |
0% |
2% |
3% |
4% |
5% |
6% |
7% |
8% |
9% |
10% |
10% |
International
Equity |
5% |
5% |
7% |
10% |
12% |
15% |
18% |
19% |
20% |
21% |
22% |
22% |
TOTAL
EQUITY |
30% |
33% |
41% |
51% |
61% |
73% |
82% |
87% |
90% |
92% |
94% |
95% |
Bond
Fund |
35% |
35% |
35% |
32% |
26% |
20% |
16% |
11% |
8% |
7% |
5% |
4% |
Mid-Term
Bond
Fund |
30% |
27% |
19% |
14% |
10% |
4% |
0% |
0% |
0% |
0% |
0% |
0% |
TOTAL
FIXED INCOME |
65% |
62% |
54% |
46% |
36% |
24% |
16% |
11% |
8% |
7% |
5% |
4% |
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, | ||||
|
2021 |
2020(a)
|
2019(a)
|
2018(a)
|
2017(a)
|
Net
Asset Value, Beginning of Year |
$51.15 |
$47.89 |
$37.75 |
$41.04 |
$34.92 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.73 |
0.92 |
0.81 |
0.74 |
0.66 |
Net
Realized and Unrealized Gains (Losses) on Investments and Futures
Contracts |
13.70 |
7.52 |
10.88 |
(2.41) |
6.82 |
Total
From Investment Operations |
14.43 |
8.44 |
11.69 |
(1.67) |
7.48 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.70) |
(1.68) |
(0.74) |
(0.67) |
(0.62) |
From
Net Realized Gains |
(2.47) |
(3.50) |
(0.81) |
(0.95) |
(0.74) |
Total
Distributions |
(3.17) |
(5.18) |
(1.55) |
(1.62) |
(1.36) |
Net
Asset Value, End of Year |
$62.41 |
$51.15 |
$47.89 |
$37.75 |
$41.04 |
Total
Return (%)(b) |
28.50 |
18.20 |
31.31 |
(4.56) |
21.65 |
Net
Assets, End of Year ($ millions) |
4,992 |
3,714 |
3,478 |
2,629 |
2,712 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.27 |
1.72 |
1.90 |
1.83 |
1.85 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%) |
0.13 |
0.15 |
0.13 |
0.13 |
0.14 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%) |
0.13 |
0.15 |
0.13 |
0.13 |
0.13(c)
|
Portfolio
Turnover Rate (%)(d) |
7.01 |
5.77 |
3.01 |
3.48 |
5.23 |
|
Years
Ended December 31, | ||||
|
2021 |
2020(a)
|
2019(a)
|
2018(a)
|
2017(a)
|
Net
Asset Value, Beginning of Year |
$24.18 |
$24.24 |
$20.50 |
$23.83 |
$22.91 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.25 |
0.34 |
0.35 |
0.32 |
0.32 |
Net
Realized and Unrealized Gains (Losses) on Investments and Futures
Contracts |
6.18 |
3.31 |
5.31 |
(2.04) |
3.96 |
Total
From Investment Operations |
6.43 |
3.65 |
5.66 |
(1.72) |
4.28 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.20) |
(0.63) |
(0.30) |
(0.31) |
(0.31) |
From
Net Realized Gains |
(2.68) |
(3.08) |
(1.62) |
(1.30) |
(3.05) |
Total
Distributions |
(2.88) |
(3.71) |
(1.92) |
(1.61) |
(3.36) |
Net
Asset Value, End of Year |
$27.73 |
$24.18 |
$24.24 |
$20.50 |
$23.83 |
Total
Return (%)(b) |
27.07 |
16.78 |
28.36 |
(8.27) |
19.41 |
Net
Assets, End of Year ($ millions) |
374 |
320 |
312 |
268 |
325 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
0.90 |
1.33 |
1.43 |
1.26 |
1.33 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%) |
0.49 |
0.52 |
0.49 |
0.52 |
0.51 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%) |
0.49 |
0.52 |
0.49 |
0.52 |
0.51 |
Portfolio
Turnover Rate (%)(c) |
19.84 |
24.07 |
26.06 |
17.60 |
22.28 |
|
Years
Ended December 31, | ||||
|
2021 |
2020(a)
|
2019(a)
|
2018(a)
|
2017(a)
|
Net
Asset Value, Beginning of Year |
$13.45 |
$15.11 |
$13.58 |
$17.35 |
$16.88 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.17 |
0.23 |
0.23 |
0.18 |
0.28 |
Net
Realized and Unrealized Gains (Losses) on Investments and Futures
Contracts |
4.12 |
(1.03) |
2.30 |
(2.42) |
1.11 |
Total
From Investment Operations |
4.29 |
(0.80) |
2.53 |
(2.24) |
1.39 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.09) |
(0.41) |
(0.13) |
(0.25) |
(0.10) |
From
Net Realized Gains |
(1.13) |
(0.45) |
(0.87) |
(1.28) |
(0.82) |
Total
Distributions |
(1.22) |
(0.86) |
(1.00) |
(1.53) |
(0.92) |
Net
Asset Value, End of Year |
$16.52 |
$13.45 |
$15.11 |
$13.58 |
$17.35 |
Total
Return (%)(b) |
32.29 |
(4.01) |
19.10 |
(14.57) |
8.29 |
Net
Assets, End of Year ($ millions) |
580 |
472 |
518 |
428 |
506 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.03 |
1.90 |
1.68 |
1.10 |
1.75 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%) |
0.80 |
0.82 |
0.81 |
0.81 |
0.81 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%) |
0.80 |
0.82 |
0.81 |
0.81 |
0.80(d)
|
Portfolio
Turnover Rate (%)(c) |
33.93 |
42.64 |
43.17 |
29.58 |
34.36 |
|
Years
Ended December 31, | ||||
|
2021 |
2020(a)
|
2019(a)
|
2018(a)
|
2017(a)
|
Net
Asset Value, Beginning of Year |
$17.53 |
$14.63 |
$12.62 |
$15.44 |
$12.91 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
(0.03) |
(0.02) |
0.02 |
0.02 |
0.01 |
Net
Realized and Unrealized Gains (Losses) on Investments and Futures
Contracts |
1.74 |
6.01 |
3.24 |
(1.72) |
3.04 |
Total
From Investment Operations |
1.71 |
5.99 |
3.26 |
(1.70) |
3.05 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.01) |
(0.06) |
(0.01) |
—(b)
|
—(b)
|
From
Net Realized Gains |
(3.01) |
(3.03) |
(1.24) |
(1.12) |
(0.52) |
Total
Distributions |
(3.02) |
(3.09) |
(1.25) |
(1.12) |
(0.52) |
Net
Asset Value, End of Year |
$16.22 |
$17.53 |
$14.63 |
$12.62 |
$15.44 |
Total
Return (%)(c) |
10.38 |
43.31 |
26.59 |
(12.53) |
23.82 |
Net
Assets, End of Year ($ millions) |
673 |
667 |
609 |
483 |
555 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
(0.24) |
(0.17) |
0.17 |
0.13 |
0.06 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%) |
0.80 |
0.81 |
0.81 |
0.81 |
0.82 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%) |
0.80 |
0.81 |
0.81 |
0.81 |
0.80(d)
|
Portfolio
Turnover Rate (%)(e) |
45.18 |
70.58 |
56.25 |
60.57 |
62.33 |
|
Years
Ended December 31, |
Period
Ended
December
31, | ||
|
2021 |
2020(a)
|
2019(a)
|
2018(f),(a)
|
Net
Asset Value, Beginning of Year |
$10.74 |
$9.93 |
$8.28 |
$10.00 |
Income
(Loss) from Investment Operations |
||||
Net
Investment Income (Loss) |
0.16 |
0.07 |
0.14 |
0.06 |
Net
Realized and Unrealized Gains (Losses) on Investments and Futures
Contracts |
2.62 |
0.94 |
1.72 |
(1.72) |
Total
From Investment Operations |
2.78 |
1.01 |
1.86 |
(1.66) |
Less
Distributions |
||||
From
Net Investment Income |
(0.15) |
(0.07) |
(0.13) |
(0.06) |
From
Net Realized Gains |
(1.78) |
(0.13) |
(0.08) |
—(b)
|
Return
of Capital |
— |
— |
— |
—(b)
|
Total
Distributions |
(1.93) |
(0.20) |
(0.21) |
(0.06) |
Net
Asset Value, End of Year |
$11.59 |
$10.74 |
$9.93 |
$8.28 |
Total
Return (%)(c) |
26.56 |
10.62 |
22.40 |
(16.54)(g)
|
Net
Assets, End of Year ($ millions) |
143 |
107 |
29 |
17 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.29 |
1.51 |
1.50 |
1.51(h)
|
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%) |
0.25 |
0.39 |
0.42 |
1.61(h)
|
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%) |
0.14 |
0.12 |
0.14 |
0.14(h)
|
Portfolio
Turnover Rate (%)(e) |
69.91 |
42.67 |
97.06 |
81.79(g)
|
|
Years
Ended December 31, | ||||
|
2021 |
2020(a)
|
2019(a)
|
2018(a)
|
2017(a)
|
Net
Asset Value, Beginning of Year |
$15.53 |
$16.36 |
$13.39 |
$17.12 |
$15.73 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.26 |
0.44 |
0.29 |
0.27 |
0.27 |
Net
Realized and Unrealized Gains (Losses) on Investments and Futures
Contracts |
5.01 |
(0.14) |
3.28 |
(2.41) |
2.03 |
Total
From Investment Operations |
5.27 |
0.30 |
3.57 |
(2.14) |
2.30 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.14) |
(0.53) |
(0.21) |
(0.29) |
(0.18) |
From
Net Realized Gains |
(1.45) |
(0.48) |
(0.39) |
(1.30) |
(0.73) |
Return
of Capital |
— |
(0.12) |
— |
— |
— |
Total
Distributions |
(1.59) |
(1.13) |
(0.60) |
(1.59) |
(0.91) |
Net
Asset Value, End of Year |
$19.21 |
$15.53 |
$16.36 |
$13.39 |
$17.12 |
Total
Return (%)(b) |
34.35 |
2.82 |
27.04 |
(14.08) |
14.92 |
Net
Assets, End of Year ($ millions) |
131 |
90 |
99 |
80 |
103 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.47 |
2.96 |
1.85 |
1.51 |
1.55 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%) |
0.65 |
0.74 |
0.66 |
0.65 |
0.64 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%) |
0.65 |
0.74 |
0.66 |
0.65 |
0.64 |
Portfolio
Turnover Rate (%)(c) |
23.84 |
23.65 |
17.65 |
10.75 |
24.09 |
|
Years
Ended December 31, | ||||
|
2021 |
2020(a)
|
2019(a)
|
2018(a)
|
2017(a)
|
Net
Asset Value, Beginning of Year |
$23.07 |
$22.45 |
$19.31 |
$23.42 |
$21.68 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.33 |
0.32 |
0.33 |
0.34 |
0.31 |
Net
Realized and Unrealized Gains (Losses) on Investments and Futures
Contracts |
5.21 |
2.37 |
4.57 |
(2.66) |
3.08 |
Total
From Investment Operations |
5.54 |
2.69 |
4.90 |
(2.32) |
3.39 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.30) |
(0.59) |
(0.27) |
(0.32) |
(0.27) |
From
Net Realized Gains |
(3.19) |
(1.48) |
(1.49) |
(1.47) |
(1.38) |
Total
Distributions |
(3.49) |
(2.07) |
(1.76) |
(1.79) |
(1.65) |
Net
Asset Value, End of Year |
$25.12 |
$23.07 |
$22.45 |
$19.31 |
$23.42 |
Total
Return (%)(b) |
24.56 |
13.50 |
26.01 |
(11.26) |
16.05 |
Net
Assets, End of Year ($ millions) |
2,118 |
1,856 |
1,681 |
1,281 |
1,452 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.24 |
1.56 |
1.67 |
1.52 |
1.46 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%) |
0.14 |
0.15 |
0.13 |
0.14 |
0.14 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%) |
0.14 |
0.15 |
0.13 |
0.14 |
0.14(d)
|
Portfolio
Turnover Rate (%)(c) |
25.62 |
13.14 |
14.30 |
20.26 |
19.36 |
|
Years
Ended December 31, | ||||
|
2021 |
2020(a)
|
2019(a)
|
2018(a)
|
2017(a)
|
Net
Asset Value, Beginning of Year |
$19.16 |
$18.68 |
$16.75 |
$19.08 |
$19.48 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.32 |
0.37 |
0.39 |
0.41 |
0.41 |
Net
Realized and Unrealized Gains (Losses) on Investments and Futures
Contracts |
2.80 |
1.75 |
2.78 |
(0.86) |
2.08 |
Total
From Investment Operations |
3.12 |
2.12 |
3.17 |
(0.45) |
2.49 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.32) |
(0.77) |
(0.41) |
(0.40) |
(0.43) |
From
Net Realized Gains |
(0.78) |
(0.87) |
(0.83) |
(1.48) |
(2.46) |
Total
Distributions |
(1.10) |
(1.64) |
(1.24) |
(1.88) |
(2.89) |
Net
Asset Value, End of Year |
$21.18 |
$19.16 |
$18.68 |
$16.75 |
$19.08 |
Total
Return (%)(b) |
16.48 |
11.77 |
19.37 |
(3.20) |
13.37 |
Net
Assets, End of Year ($ millions) |
218 |
191 |
194 |
172 |
190 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.53 |
1.76 |
2.12 |
2.16 |
2.11 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%) |
0.46 |
0.54 |
0.50 |
0.51 |
0.51 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%) |
0.46 |
0.54 |
0.50 |
0.51 |
0.50(c)
|
Portfolio
Turnover Rate (%)(d) |
23.68 |
38.58 |
41.92 |
37.37 |
60.13 |
|
Years
Ended December 31, | ||||
|
2021 |
2020(a)
|
2019(a)
|
2018(a)
|
2017(a)
|
Net
Asset Value, Beginning of Year |
$9.34 |
$9.05 |
$7.66 |
$9.04 |
$7.43 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.20 |
0.14 |
0.23 |
0.22 |
0.19 |
Net
Realized and Unrealized Gains (Losses) on Investments and Futures
Contracts |
0.74 |
0.56 |
1.36 |
(1.40) |
1.62 |
Total
From Investment Operations |
0.94 |
0.70 |
1.59 |
(1.18) |
1.81 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.16) |
(0.38) |
(0.20) |
(0.20) |
(0.18) |
From
Net Realized Gains |
(0.86) |
(0.03) |
— |
—(e)
|
(0.02) |
Return
of Capital |
— |
—(e)
|
— |
— |
— |
Total
Distributions |
(1.02) |
(0.41) |
(0.20) |
(0.20) |
(0.20) |
Net
Asset Value, End of Year |
$9.26 |
$9.34 |
$9.05 |
$7.66 |
$9.04 |
Total
Return (%)(b) |
10.37 |
8.19 |
21.01 |
(13.36) |
24.47 |
Net
Assets, End of Year ($ millions) |
1,203 |
940 |
720 |
509 |
537 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
2.05 |
2.20 |
3.26 |
2.75 |
2.67 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(f) |
0.12 |
0.13 |
0.12 |
0.12 |
0.12 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(f) |
0.12 |
0.13 |
0.12 |
0.12 |
0.12(c)
|
Portfolio
Turnover Rate (%)(d) |
123.53 |
4.69 |
3.61 |
— |
— |
|
Year
Ended
December
31, |
Period
Ended
December
31, |
|
2021 |
2020(a)
|
Net
Asset Value, Beginning of Year |
$11.17 |
$10.00 |
Income
(Loss) from Investment Operations |
||
Net
Investment Income (Loss) |
0.15 |
0.04 |
Net
Realized and Unrealized Gains (Losses) on Investments and Futures
Contracts |
3.07 |
1.17 |
Total
From Investment Operations |
3.22 |
1.21 |
Less
Distributions |
||
From
Net Investment Income |
(0.14) |
(0.04) |
From
Net Realized Gains |
(0.19) |
—(b)
|
Total
Distributions |
(0.33) |
(0.04) |
Net
Asset Value, End of Year |
$14.06 |
$11.17 |
Total
Return (%)(c) |
28.99 |
12.12(d)
|
Net
Assets, End of Year ($ millions) |
5 |
3 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.16 |
1.57(e)
|
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%) |
2.14 |
2.18(e)
|
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%) |
0.22 |
0.15(e)
|
Portfolio
Turnover Rate (%)(f) |
9.54 |
16.38(d)
|
|
Years
Ended December 31, | ||||
|
2021 |
2020(g)
|
2019(g)
|
2018(g)
|
2017(g)
|
Net
Asset Value, Beginning of Year |
$12.09 |
$12.09 |
$11.18 |
$11.67 |
$11.25 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.15 |
0.41 |
0.18 |
0.20 |
0.19 |
Net
Realized and Unrealized Gains (Losses) on Investments and Futures
Contracts |
0.54 |
0.49 |
1.14 |
(0.33) |
0.63 |
Total
From Investment Operations |
0.69 |
0.90 |
1.32 |
(0.13) |
0.82 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.16) |
(0.60) |
(0.20) |
(0.20) |
(0.21) |
From
Net Realized Gains |
(0.36) |
(0.30) |
(0.21) |
(0.16) |
(0.19) |
Total
Distributions |
(0.52) |
(0.90) |
(0.41) |
(0.36) |
(0.40) |
Net
Asset Value, End of Year |
$12.26 |
$12.09 |
$12.09 |
$11.18 |
$11.67 |
Total
Return (%)(c) |
5.77 |
7.59 |
11.85 |
(1.21) |
7.35 |
Net
Assets, End of Year ($ millions) |
224 |
193 |
138 |
101 |
101 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.22 |
4.25 |
1.87 |
1.82 |
2.01 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(h) |
0.11 |
0.11 |
0.12 |
0.08 |
0.08 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(h) |
0.11 |
0.11 |
0.12 |
0.08 |
0.06(i)
|
Portfolio
Turnover Rate (%)(f) |
28.07 |
23.13 |
10.49 |
21.90 |
18.54 |
|
Years
Ended December 31, | ||||
|
2021 |
2020(a)
|
2019(a)
|
2018(a)
|
2017(a)
|
Net
Asset Value, Beginning of Year |
$9.90 |
$10.49 |
$9.73 |
$10.67 |
$10.30 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.13 |
0.39 |
0.20 |
0.21 |
0.23 |
Net
Realized and Unrealized Gains (Losses) on Investments and Futures
Contracts |
0.63 |
0.37 |
1.27 |
(0.49) |
0.84 |
Total
From Investment Operations |
0.76 |
0.76 |
1.47 |
(0.28) |
1.07 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.15) |
(0.59) |
(0.22) |
(0.21) |
(0.22) |
From
Net Realized Gains |
(1.09) |
(0.76) |
(0.49) |
(0.45) |
(0.48) |
Total
Distributions |
(1.24) |
(1.35) |
(0.71) |
(0.66) |
(0.70) |
Capital
Contribution from Adviser |
0.03(b)
|
— |
— |
— |
— |
Net
Asset Value, End of Year |
$9.45 |
$9.90 |
$10.49 |
$9.73 |
$10.67 |
Total
Return (%)(c) |
8.11 |
7.65 |
15.34 |
(3.01) |
10.64 |
Net
Assets, End of Year ($ millions) |
141 |
140 |
149 |
138 |
155 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.26 |
3.63 |
1.81 |
1.83 |
1.85 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(d) |
0.13 |
0.12 |
0.11 |
0.07 |
0.07 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(d) |
0.13 |
0.12 |
0.11 |
0.07 |
0.07 |
Portfolio
Turnover Rate (%)(e) |
24.63 |
25.28 |
13.69 |
14.75 |
14.98 |
|
Years
Ended December 31, | ||||
|
2021 |
2020(a)
|
2019(a)
|
2018(a)
|
2017(a)
|
Net
Asset Value, Beginning of Year |
$11.84 |
$12.42 |
$11.25 |
$12.25 |
$11.43 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.16 |
0.46 |
0.22 |
0.22 |
0.20 |
Net
Realized and Unrealized Gains (Losses) on Investments and Futures
Contracts |
0.99 |
0.62 |
1.71 |
(0.67) |
1.21 |
Total
From Investment Operations |
1.15 |
1.08 |
1.93 |
(0.45) |
1.41 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.20) |
(0.70) |
(0.23) |
(0.22) |
(0.20) |
From
Net Realized Gains |
(0.63) |
(0.96) |
(0.53) |
(0.33) |
(0.39) |
Total
Distributions |
(0.83) |
(1.66) |
(0.76) |
(0.55) |
(0.59) |
Net
Asset Value, End of Year |
$12.16 |
$11.84 |
$12.42 |
$11.25 |
$12.25 |
Total
Return (%)(c) |
9.80 |
9.11 |
17.53 |
(4.04) |
12.52 |
Net
Assets, End of Year ($ millions) |
621 |
594 |
608 |
515 |
525 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.29 |
3.66 |
1.85 |
1.89 |
1.89 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(d) |
0.08 |
0.07 |
0.08 |
0.07 |
0.07 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(d) |
0.08 |
0.07 |
0.08 |
0.07 |
0.07 |
Portfolio
Turnover Rate (%)(e) |
22.78 |
22.40 |
10.33 |
10.84 |
7.09 |
|
Years
Ended December 31, | ||||
|
2021 |
2020(a)
|
2019(a)
|
2018(a)
|
2017(a)
|
Net
Asset Value, Beginning of Year |
$13.29 |
$13.65 |
$12.02 |
$13.29 |
$12.12 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.18 |
0.48 |
0.20 |
0.21 |
0.17 |
Net
Realized and Unrealized Gains (Losses) on Investments and Futures
Contracts |
1.39 |
0.85 |
2.15 |
(0.84) |
1.56 |
Total
From Investment Operations |
1.57 |
1.33 |
2.35 |
(0.63) |
1.73 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.23) |
(0.72) |
(0.23) |
(0.21) |
(0.18) |
From
Net Realized Gains |
(0.66) |
(0.97) |
(0.49) |
(0.43) |
(0.38) |
Total
Distributions |
(0.89) |
(1.69) |
(0.72) |
(0.64) |
(0.56) |
Net
Asset Value, End of Year |
$13.97 |
$13.29 |
$13.65 |
$12.02 |
$13.29 |
Total
Return (%)(b) |
11.96 |
10.26 |
19.79 |
(5.22) |
14.44 |
Net
Assets, End of Year ($ millions) |
1,203 |
1,020 |
946 |
710 |
686 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.29 |
3.68 |
1.81 |
1.81 |
1.81 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(c) |
0.08 |
0.07 |
0.07 |
0.06 |
0.07 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(c) |
0.08 |
0.07 |
0.07 |
0.06 |
0.07 |
Portfolio
Turnover Rate (%)(d) |
15.42 |
16.72 |
5.08 |
6.74 |
5.78 |
|
Years
Ended December 31, | ||||
|
2021 |
2020(a)
|
2019(a)
|
2018(a)
|
2017(a)
|
Net
Asset Value, Beginning of Year |
$14.08 |
$14.32 |
$12.36 |
$13.82 |
$12.46 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.19 |
0.48 |
0.20 |
0.20 |
0.16 |
Net
Realized and Unrealized Gains (Losses) on Investments and Futures
Contracts |
1.94 |
1.10 |
2.47 |
(1.02) |
1.81 |
Total
From Investment Operations |
2.13 |
1.58 |
2.67 |
(0.82) |
1.97 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.26) |
(0.73) |
(0.22) |
(0.20) |
(0.17) |
From
Net Realized Gains |
(0.70) |
(1.09) |
(0.49) |
(0.44) |
(0.44) |
Total
Distributions |
(0.96) |
(1.82) |
(0.71) |
(0.64) |
(0.61) |
Net
Asset Value, End of Year |
$15.25 |
$14.08 |
$14.32 |
$12.36 |
$13.82 |
Total
Return (%)(b) |
15.29 |
11.67 |
21.93 |
(6.49) |
16.01 |
Net
Assets, End of Year ($ millions) |
1,231 |
981 |
854 |
617 |
578 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.25 |
3.67 |
1.71 |
1.74 |
1.69 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(c) |
0.08 |
0.07 |
0.07 |
0.07 |
0.07 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(c) |
0.08 |
0.07 |
0.07 |
0.07 |
0.07 |
Portfolio
Turnover Rate (%)(d) |
13.45 |
12.53 |
4.23 |
5.01 |
5.75 |
|
Years
Ended December 31, | ||||
|
2021 |
2020(a)
|
2019(a)
|
2018(a)
|
2017(a)
|
Net
Asset Value, Beginning of Year |
$14.40 |
$14.59 |
$12.43 |
$14.01 |
$12.52 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.20 |
0.48 |
0.19 |
0.19 |
0.15 |
Net
Realized and Unrealized Gains (Losses) on Investments and Futures
Contracts |
2.34 |
1.25 |
2.70 |
(1.14) |
1.96 |
Total
From Investment Operations |
2.54 |
1.73 |
2.89 |
(0.95) |
2.11 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.29) |
(0.72) |
(0.22) |
(0.19) |
(0.16) |
From
Net Realized Gains |
(0.65) |
(1.20) |
(0.51) |
(0.44) |
(0.46) |
Total
Distributions |
(0.94) |
(1.92) |
(0.73) |
(0.63) |
(0.62) |
Net
Asset Value, End of Year |
$16.00 |
$14.40 |
$14.59 |
$12.43 |
$14.01 |
Total
Return (%)(b) |
17.84 |
12.61 |
23.62 |
(7.36) |
17.15 |
Net
Assets, End of Year ($ millions) |
1,101 |
846 |
712 |
509 |
484 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.25 |
3.67 |
1.64 |
1.64 |
1.57 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(c) |
0.08 |
0.07 |
0.08 |
0.07 |
0.07 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(c) |
0.08 |
0.07 |
0.08 |
0.07 |
0.07 |
Portfolio
Turnover Rate (%)(d) |
8.93 |
11.53 |
3.33 |
4.00 |
4.02 |
|
Years
Ended December 31, | ||||
|
2021 |
2020(a)
|
2019(a)
|
2018(a)
|
2017(a)
|
Net
Asset Value, Beginning of Year |
$14.44 |
$14.48 |
$12.23 |
$13.86 |
$12.39 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.20 |
0.47 |
0.18 |
0.18 |
0.14 |
Net
Realized and Unrealized Gains (Losses) on Investments and Futures
Contracts |
2.64 |
1.37 |
2.74 |
(1.20) |
1.97 |
Total
From Investment Operations |
2.84 |
1.84 |
2.92 |
(1.02) |
2.11 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.30) |
(0.70) |
(0.21) |
(0.19) |
(0.14) |
From
Net Realized Gains |
(0.83) |
(1.18) |
(0.46) |
(0.42) |
(0.50) |
Total
Distributions |
(1.13) |
(1.88) |
(0.67) |
(0.61) |
(0.64) |
Net
Asset Value, End of Year |
$16.15 |
$14.44 |
$14.48 |
$12.23 |
$13.86 |
Total
Return (%)(b) |
19.89 |
13.43 |
24.25 |
(7.94) |
17.40 |
Net
Assets, End of Year ($ millions) |
925 |
708 |
587 |
413 |
393 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.22 |
3.59 |
1.59 |
1.60 |
1.53 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(c) |
0.08 |
0.07 |
0.08 |
0.07 |
0.07 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(c) |
0.08 |
0.07 |
0.08 |
0.07 |
0.07 |
Portfolio
Turnover Rate (%)(d) |
11.55 |
12.53 |
2.38 |
2.65 |
4.07 |
|
Years
Ended December 31, | ||||
|
2021 |
2020(a)
|
2019(a)
|
2018(a)
|
2017(a)
|
Net
Asset Value, Beginning of Year |
$14.28 |
$14.32 |
$12.14 |
$13.87 |
$12.36 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.19 |
0.45 |
0.18 |
0.19 |
0.15 |
Net
Realized and Unrealized Gains (Losses) on Investments and Futures
Contracts |
2.71 |
1.34 |
2.75 |
(1.25) |
1.99 |
Total
From Investment Operations |
2.90 |
1.79 |
2.93 |
(1.06) |
2.14 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.29) |
(0.68) |
(0.21) |
(0.19) |
(0.15) |
From
Net Realized Gains |
(0.92) |
(1.15) |
(0.54) |
(0.48) |
(0.48) |
Total
Distributions |
(1.21) |
(1.83) |
(0.75) |
(0.67) |
(0.63) |
Net
Asset Value, End of Year |
$15.97 |
$14.28 |
$14.32 |
$12.14 |
$13.87 |
Total
Return (%)(b) |
20.57 |
13.31 |
24.54 |
(8.29) |
17.62 |
Net
Assets, End of Year ($ millions) |
957 |
733 |
611 |
438 |
437 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.19 |
3.54 |
1.54 |
1.55 |
1.45 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(c) |
0.08 |
0.07 |
0.08 |
0.07 |
0.07 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(c) |
0.08 |
0.07 |
0.08 |
0.07 |
0.07 |
Portfolio
Turnover Rate (%)(d) |
11.96 |
10.77 |
2.56 |
3.67 |
4.46 |
|
Years
Ended December 31, | ||||
|
2021 |
2020(a)
|
2019(a)
|
2018(a)
|
2017(a)
|
Net
Asset Value, Beginning of Year |
$17.92 |
$17.47 |
$14.64 |
$16.59 |
$14.53 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.24 |
0.54 |
0.19 |
0.20 |
0.12 |
Net
Realized and Unrealized Gains (Losses) on Investments and Futures
Contracts |
3.45 |
1.68 |
3.37 |
(1.57) |
2.45 |
Total
From Investment Operations |
3.69 |
2.22 |
3.56 |
(1.37) |
2.57 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.38) |
(0.81) |
(0.23) |
(0.20) |
(0.14) |
From
Net Realized Gains |
(0.92) |
(0.96) |
(0.50) |
(0.38) |
(0.37) |
Total
Distributions |
(1.30) |
(1.77) |
(0.73) |
(0.58) |
(0.51) |
Net
Asset Value, End of Year |
$20.31 |
$17.92 |
$17.47 |
$14.64 |
$16.59 |
Total
Return (%)(b) |
20.82 |
13.39 |
24.65 |
(8.74) |
17.86 |
Net
Assets, End of Year ($ millions) |
717 |
536 |
425 |
285 |
256 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.18 |
3.56 |
1.53 |
1.55 |
1.47 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(c) |
0.08 |
0.08 |
0.08 |
0.07 |
0.07 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(c) |
0.08 |
0.08 |
0.08 |
0.07 |
0.07(e)
|
Portfolio
Turnover Rate (%)(d) |
11.57 |
9.80 |
2.11 |
2.26 |
3.75 |
|
Years
Ended December 31, | ||||
|
2021 |
2020(a)
|
2019(a)
|
2018(a)
|
2017(a)
|
Net
Asset Value, Beginning of Year |
$13.98 |
$13.31 |
$11.02 |
$12.27 |
$10.40 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.18 |
0.38 |
0.10 |
0.10 |
—(b)
|
Net
Realized and Unrealized Gains (Losses) on Investments and Futures
Contracts |
2.74 |
1.41 |
2.56 |
(1.17) |
1.87 |
Total
From Investment Operations |
2.92 |
1.79 |
2.66 |
(1.07) |
1.87 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.29) |
(0.57) |
(0.12) |
(0.06) |
— |
From
Net Realized Gains |
(0.62) |
(0.55) |
(0.25) |
(0.12) |
— |
Total
Distributions |
(0.91) |
(1.12) |
(0.37) |
(0.18) |
— |
Net
Asset Value, End of Year |
$15.99 |
$13.98 |
$13.31 |
$11.02 |
$12.27 |
Total
Return (%)(c) |
21.11 |
13.93 |
24.39 |
(8.88) |
17.90 |
Net
Assets, End of Year ($ millions) |
330 |
220 |
144 |
70 |
34 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.16 |
3.66 |
1.58 |
1.73 |
1.90 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(d) |
0.10 |
0.11 |
0.12 |
0.11 |
0.14 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(d) |
0.10 |
0.11 |
0.12 |
0.05 |
0.05 |
Portfolio
Turnover Rate (%)(e) |
10.49 |
7.28 |
0.57 |
3.42 |
4.32 |
|
Years
Ended December 31, |
Period
Ended
December
31, | ||
|
2021 |
2020(a)
|
2019(a)
|
2018(f),(a)
|
Net
Asset Value, Beginning of Year |
$11.87 |
$11.12 |
$8.95 |
$10.00 |
Income
(Loss) from Investment Operations |
||||
Net
Investment Income (Loss) |
0.16 |
0.28 |
0.08 |
0.02 |
Net
Realized and Unrealized Gains (Losses) on Investments and Futures
Contracts |
2.38 |
1.25 |
2.11 |
(1.07) |
Total
From Investment Operations |
2.54 |
1.53 |
2.19 |
(1.05) |
Less
Distributions |
||||
From
Net Investment Income |
(0.26) |
(0.42) |
(0.01) |
— |
From
Net Realized Gains |
(0.57) |
(0.36) |
(0.01) |
— |
Total
Distributions |
(0.83) |
(0.78) |
(0.02) |
— |
Net
Asset Value, End of Year |
$13.58 |
$11.87 |
$11.12 |
$8.95 |
Total
Return (%)(c) |
21.60 |
14.08 |
24.53 |
(10.54)(g)
|
Net
Assets, End of Year ($ millions) |
130 |
72 |
30 |
4 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.25 |
4.14 |
1.95 |
0.74(g)
|
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(d) |
0.16 |
0.22 |
0.51 |
1.54(h)
|
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(d) |
0.05 |
0.05 |
0.05 |
0.05(h)
|
Portfolio
Turnover Rate (%)(e) |
14.26 |
6.70 |
1.73 |
6.10(g)
|
|
Year
Ended
December
31, |
Period
Ended
December
31, |
|
2021 |
2020(a),(b)
|
Net
Asset Value, Beginning of Year |
$11.45 |
$10.00 |
Income
(Loss) from Investment Operations |
||
Net
Investment Income (Loss) |
0.16 |
0.22 |
Net
Realized and Unrealized Gains (Losses) on Investments and Futures
Contracts |
2.31 |
1.59 |
Total
From Investment Operations |
2.47 |
1.81 |
Less
Distributions |
||
From
Net Investment Income |
(0.26) |
(0.24) |
From
Net Realized Gains |
(0.46) |
(0.12) |
Total
Distributions |
(0.72) |
(0.36) |
Net
Asset Value, End of Year |
$13.20 |
$11.45 |
Total
Return (%)(c) |
21.73 |
18.16(d)
|
Net
Assets, End of Year ($ millions) |
17 |
3 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.44 |
3.40(d)
|
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(e) |
1.15 |
4.61(f)
|
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(e) |
0.05 |
0.05(f)
|
Portfolio
Turnover Rate (%)(g) |
28.10 |
10.76(d)
|
|
Years
Ended December 31, | ||||
|
2021 |
2020(b)
|
2019(b)
|
2018(b)
|
2017(b)
|
Net
Asset Value, Beginning of Year |
$12.67 |
$12.71 |
$11.65 |
$12.69 |
$12.12 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.18 |
0.48 |
0.24 |
0.27 |
0.26 |
Net
Realized and Unrealized Gains (Losses) on Investments and Futures
Contracts |
0.80 |
0.67 |
1.38 |
(0.49) |
0.81 |
Total
From Investment Operations |
0.98 |
1.15 |
1.62 |
(0.22) |
1.07 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.20) |
(0.74) |
(0.26) |
(0.27) |
(0.27) |
From
Net Realized Gains |
(0.59) |
(0.45) |
(0.30) |
(0.55) |
(0.23) |
Total
Distributions |
(0.79) |
(1.19) |
(0.56) |
(0.82) |
(0.50) |
Net
Asset Value, End of Year |
$12.86 |
$12.67 |
$12.71 |
$11.65 |
$12.69 |
Total
Return (%)(c) |
7.82 |
9.32 |
13.99 |
(2.04) |
8.92 |
Net
Assets, End of Year ($ millions) |
201 |
188 |
178 |
150 |
157 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.36 |
3.81 |
2.07 |
2.11 |
2.20 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(e) |
0.06 |
0.06 |
0.05 |
0.02 |
0.02 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(e) |
0.06 |
0.06 |
0.05 |
0.02 |
0.02 |
Portfolio
Turnover Rate (%)(g) |
16.91 |
10.07 |
9.54 |
11.70 |
23.64 |
|
Years
Ended December 31, | ||||
|
2021 |
2020(a)
|
2019(a)
|
2018(a)
|
2017(a)
|
Net
Asset Value, Beginning of Year |
$15.14 |
$15.51 |
$13.85 |
$15.55 |
$14.35 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.22 |
0.58 |
0.29 |
0.31 |
0.28 |
Net
Realized and Unrealized Gains (Losses) on Investments and Futures
Contracts |
1.90 |
1.13 |
2.32 |
(0.90) |
1.66 |
Total
From Investment Operations |
2.12 |
1.71 |
2.61 |
(0.59) |
1.94 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.28) |
(0.89) |
(0.31) |
(0.30) |
(0.29) |
From
Net Realized Gains |
(1.00) |
(1.19) |
(0.64) |
(0.81) |
(0.45) |
Total
Distributions |
(1.28) |
(2.08) |
(0.95) |
(1.11) |
(0.74) |
Net
Asset Value, End of Year |
$15.98 |
$15.14 |
$15.51 |
$13.85 |
$15.55 |
Total
Return (%)(b) |
14.19 |
11.67 |
19.15 |
(4.41) |
13.72 |
Net
Assets, End of Year ($ millions) |
487 |
444 |
433 |
371 |
397 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.34 |
3.69 |
1.91 |
1.95 |
1.90 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(c) |
0.03 |
0.03 |
0.03 |
0.02 |
0.02 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(c) |
0.03 |
0.03 |
0.03 |
0.02 |
0.02 |
Portfolio
Turnover Rate (%)(d) |
14.83 |
10.69 |
8.40 |
9.50 |
12.05 |
|
Years
Ended December 31, | ||||
|
2021 |
2020(a)
|
2019(a)
|
2018(a)
|
2017(a)
|
Net
Asset Value, Beginning of Year |
$16.80 |
$17.36 |
$15.30 |
$17.72 |
$16.31 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.23 |
0.59 |
0.29 |
0.31 |
0.28 |
Net
Realized and Unrealized Gains (Losses) on Investments and Futures
Contracts |
2.78 |
1.60 |
3.10 |
(1.41) |
2.39 |
Total
From Investment Operations |
3.01 |
2.19 |
3.39 |
(1.10) |
2.67 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.35) |
(0.92) |
(0.33) |
(0.31) |
(0.28) |
From
Net Realized Gains |
(1.60) |
(1.83) |
(1.00) |
(1.01) |
(0.98) |
Total
Distributions |
(1.95) |
(2.75) |
(1.33) |
(1.32) |
(1.26) |
Net
Asset Value, End of Year |
$17.86 |
$16.80 |
$17.36 |
$15.30 |
$17.72 |
Total
Return (%)(b) |
18.21 |
13.72 |
22.74 |
(7.13) |
16.64 |
Net
Assets, End of Year ($ millions) |
390 |
337 |
320 |
271 |
304 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.22 |
3.50 |
1.69 |
1.74 |
1.65 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%)(c) |
0.04 |
0.04 |
0.04 |
0.02 |
0.02 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%)(c) |
0.04 |
0.04 |
0.04 |
0.02 |
0.02 |
Portfolio
Turnover Rate (%)(d) |
13.06 |
10.23 |
9.06 |
9.13 |
9.55 |
|
Years
Ended December 31, | ||||
|
2021 |
2020(a)
|
2019(a)
|
2018(a)
|
2017(a)
|
Net
Asset Value, Beginning of Year |
$11.8520 |
$12.3148 |
$12.2150 |
12.0402 |
$11.9721 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
(0.0202) |
0.1845 |
0.3293 |
0.0810 |
$0.0773 |
Net
Realized and Unrealized Gains (Losses) on Investments and Futures
Contracts |
(0.0047) |
(0.1478) |
(0.0838) |
0.1242 |
$0.0052 |
Total
From Investment Operations |
(0.0249) |
0.0367 |
0.2455 |
0.2052 |
$0.0825 |
Less
Distributions |
|||||
From
Net Investment Income |
— |
(0.4986) |
(0.1457) |
(0.0304) |
$(0.0144) |
From
Net Realized Gains |
— |
(0.0009) |
—(b)
|
— |
— |
Return
of Capital |
— |
—(b)
|
— |
— |
— |
Total
Distributions |
— |
(0.4995) |
(0.1457) |
(0.0304) |
$(0.0144) |
Net
Asset Value, End of Year |
$11.8271 |
11.8520 |
$12.3148 |
12.2150 |
$12.0402 |
Total
Return (%)(c) |
(0.17) |
0.28 |
2.01 |
1.71 |
0.70 |
Net
Assets, End of Year ($ millions) |
173 |
122 |
154 |
210 |
71 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
(0.20) |
0.40 |
2.02 |
1.82 |
0.70 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%) |
0.26 |
0.27 |
0.24 |
0.20 |
0.25 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%) |
0.26 |
0.27 |
0.24 |
0.20 |
0.24(d)
|
Portfolio
Turnover Rate (%) |
NA |
NA |
NA |
NA |
NA |
|
Years
Ended December 31, | ||||
2021 |
2020(a)
|
2019(a)
|
2018(a)
|
2017(a)
| |
Net
Asset Value, Beginning of Year |
$10.79 |
$10.63 |
$10.24 |
$10.41 |
$10.41 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.14 |
0.15 |
0.21 |
0.23 |
0.21 |
Net
Realized and Unrealized Gains (Losses) on Investments and Futures
Contracts |
(0.36) |
0.39 |
0.41 |
(0.18) |
0.03 |
Total
From Investment Operations |
(0.22) |
0.54 |
0.62 |
0.05 |
0.24 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.14) |
(0.38) |
(0.23) |
(0.22) |
(0.23) |
From
Net Realized Gains |
(0.07) |
0.0000(e)
|
— |
—(e)
|
(0.01) |
Total
Distributions |
(0.21) |
(0.38) |
(0.23) |
(0.22) |
(0.24) |
Net
Asset Value, End of Year |
$10.36 |
$10.79 |
$10.63 |
$10.24 |
$10.41 |
Total
Return (%)(c) |
(2.02) |
5.05 |
6.04 |
0.57 |
2.32 |
Net
Assets, End of Year ($ millions) |
866 |
829 |
672 |
587 |
558 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.32 |
1.79 |
2.26 |
2.44 |
2.37 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%) |
0.44 |
0.46 |
0.45 |
0.45 |
0.47 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%) |
0.44 |
0.46 |
0.45 |
0.45 |
0.45(d)
|
Portfolio
Turnover Rate (%)(f) |
17.57 |
10.72 |
19.47 |
20.12 |
14.18 |
|
Years
Ended December 31, | ||||
|
2021 |
2020(a)
|
2019(a)
|
2018(a)
|
2017(a)
|
Net
Asset Value, Beginning of Year |
$15.01 |
$14.77 |
$14.07 |
$14.43 |
$14.34 |
Income
(Loss) from Investment Operations |
|||||
Net
Investment Income (Loss) |
0.23 |
0.28 |
0.35 |
0.38 |
0.37 |
Net
Realized and Unrealized Gains (Losses) on Investments and Futures
Contracts |
(0.60) |
0.67 |
0.72 |
(0.36) |
0.15 |
Total
From Investment Operations |
(0.37) |
0.95 |
1.07 |
0.02 |
0.52 |
Less
Distributions |
|||||
From
Net Investment Income |
(0.27) |
(0.70) |
(0.37) |
(0.38) |
(0.40) |
From
Net Realized Gains |
(0.05) |
(0.01) |
— |
— |
(0.03) |
Return
of Capital |
— |
—(b)
|
— |
— |
— |
Total
Distributions |
(0.32) |
(0.71) |
(0.37) |
(0.38) |
(0.43) |
Net
Asset Value, End of Year |
$14.32 |
$15.01 |
$14.77 |
$14.07 |
$14.43 |
Total
Return (%)(c) |
(2.45) |
6.40 |
7.65 |
0.17 |
3.62 |
Net
Assets, End of Year ($ millions) |
2,049 |
1,873 |
1,574 |
1,346 |
1,274 |
Ratio
of Net Income (Loss) to Average Net Assets (%) |
1.56 |
2.03 |
2.70 |
2.93 |
2.98 |
Ratio
of Expenses to Average Net Assets Before Expense Reimbursement
(%) |
0.43 |
0.45 |
0.44 |
0.45 |
0.45 |
Ratio
of Expenses to Average Net Assets After Expense Reimbursement
(%) |
0.43 |
0.45 |
0.44 |
0.45 |
0.44(d)
|
Portfolio
Turnover Rate (%)(e) |
31.53 |
28.98 |
13.36 |
10.71 |
10.65 |