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Diversified Fund - C (JDVCX)

Diversified Fund - C (JDVCX)
Overview Performance and Ratings Holdings and Details Management Dividends and Capital Gains Fees and Expenses Sales Resources
Performance basics
  Total returns
(as of 3/31/2014)
Annualized returns
(as of 3/31/2014)
  1
Month
3
Month

YTD
1
Year
3
Year
5
Year
10
Year
at NAV 0.10% 1.26% 1.26% 12.49% 8.76% 15.08% 6.12%
With 1.00% max. CDSC -0.90% 0.26% 0.26% 11.49% 8.76% 15.08% 6.12%
MSCI World Index (net of foreign withholding taxes) 0.14% 1.26% 1.26% 19.07% 10.23% 18.28% 6.83%
Diversified Composite Benchmark 0.02% 1.55% 1.55% 11.16% 7.87% 13.06% 6.22%
Lipper Mixed-Asset Target Allocation Growth Funds Index 0.15% 1.82% 1.82% 14.96% 9.90% 16.19% 6.72%
S&P 500 Index 0.84% 1.81% 1.81% 21.86% 14.66% 21.16% 7.42%
Former Diversified Composite Benchmark 0.44% 1.87% 1.87% 12.72% 10.40% 14.64% 6.52%

The performance quoted is past performance and is not a guarantee of future results. Mutual funds are subject to certain market risks. Investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than original cost. Current performance may be higher or lower than the performance data shown. For performance current to the most recent month-end, please call 1-800-480-4111.

 

Cumulative returns (as of 3/31/2014)
  1 Year 3 Year 5 Year 10 Year
at NAV 12.49% 28.64% 101.84% 81.15%
With 1.00% max. CDSC 11.49% 28.64% 101.84% 81.15%
Calendar year returns
 
at NAV
MSCI World Index (net of foreign withholding taxes)
Diversified Composite Benchmark
Lipper Mixed-Asset Target Allocation Growth Funds Index
S&P 500 Index
Former Diversified Composite Benchmark
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
8.26% 3.50% 11.75% 5.99% -25.99% 25.87% 13.24% -2.52% 15.01% 16.86%
N/A N/A N/A 9.04% -40.71% 29.99% 11.76% -5.54% 15.83% 26.68%
N/A N/A N/A 8.34% -24.71% 20.44% 10.23% -0.01% 11.29% 14.46%
9.80% 5.61% 13.55% 6.53% -29.06% 26.23% 12.55% -0.54% 13.67% 20.33%
10.88% 4.91% 15.80% 5.49% -37.00% 26.46% 15.06% 2.11% 16.00% 32.39%
8.30% 4.00% 11.12% 6.22% -22.06% 18.40% 12.13% 4.69% 11.31% 17.56%
Browse your yearly returns: 2004
2013

N/A: Not available at this time


Annual operating expenses (%)
Expense cap expiration date 10/31/2014
Expense cap 1.65%
Total annual operating expenses 1.89%
Fee waivers and/or expense reimbursements 0.10%
Net expenses 1.79%

Net Expenses,Fee waivers and/or expense reimbursements
The Investment Advisor, Administrator and Distributor (the "Service Providers") have contractually agreed to waive fees and/or reimburse expenses to the extent that Total Annual Operating Expenses (excluding Acquired Fund Fees and Expenses, dividend expenses relating to short sales, interest, taxes, expenses related to litigation and potential litigation, extraordinary expenses and expenses related to the Board of Trustees' deferred compensation plan) exceed the expense cap of the average daily net assets through the expense cap expiration date. This contract continues through that date, at which time the Service Providers will determine whether or not to renew or revise it.

Morningstar ratings (as of 3/31/2014)
Morningstar category: Moderate Allocation
Overall
742 funds in category
3 Year
742 funds in category
5 Year
666 funds in category
10 Year
437 funds in category

2014, Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its providers; (2) may not be copied or distributed; (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damage or losses arising from any use of this information. Past performance is not a guarantee of future results. For each fund with a three-year history, Morningstar calculates a Morningstar Rating™ metric each month by subtracting the return on a 90-day U.S. Treasury Bill from the fund's load-adjusted return for the same period, and then adjusting this excess return for risk. The top 10% of funds in each broad asset class receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics. Past performance is no guarantee of future results. Different share classes may have different ratings.

The Fund invests in foreign securities, which are subject to special currency, political and economic risks. The Fund may also invest in futures contracts and other derivatives. This may make the Fund more volatile.

The fund may invest 25%-50% in U.S. and foreign fixed income securities.

The fund may invest 30%-75% in U.S. small-, medium-and large-cap equity securities. It may invest 0%-30% in foreign equity securities.

The Fund may invest up to 15% in high yield securities.

The Fund's fixed income securities are subject to interest rate risk. If rates increase, the value of the Fund's investments generally declines.

The Fund's investment in equity securities may rise or fall because of changes in the broad market or changes in a company's financial condition, sometimes rapidly or unpredictably. When the value of a fund's securities goes down, an investment in a fund decreases in value.

The Fund may invest in securities that are below investment grade (i.e., "high yield" or "junk bonds") that are generally rated in the fifth or lower rating categories of Standard & Poor's and Moody's Investors Service. Although these securities tend to provide higher yields than higher-rated securities, there is a greater risk that the Fund's share price will decline.

The quoted performance of the Fund includes performance of a predecessor fund/share class prior to the Fund's commencement of operations. Please refer to the current prospectus for further information.

The MSCI World Index (net of foreign withholding taxes) is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed markets. The performance of the index does not reflect the deduction of expenses associated with a fund, such as investment management fees. By contrast, the performance of the Fund reflects the deduction of the fund expenses, including sales charges if applicable. Total return figures assume the reinvestment of dividends. The dividend is reinvested after deduction of withholding tax, applying the maximum rate to nonresident individual investors who do not benefit from double taxation treaties. An individual cannot invest directly in an index.

The Diversified Composite Benchmark is a composite benchmark of unmanaged indexes that correspond to the Fund's model allocation and consists of the MSCI World Index (net of foreign withholding taxes) (60%) and Barclays U.S. Aggregate Index (40%). The performance of the composite benchmark does not reflect the deduction of expenses associated with a fund, such as investment management fees. By contrast, the performance of the Fund reflects the deduction of these expenses, including sales charges if applicable. An individual cannot invest directly in an index.

The performance of the Lipper Mixed-Asset Target Allocation Growth Funds Index includes the deduction of expenses associated with mutual funds, such as investment management fees. These expenses are not identical to the expenses charged by the Fund. An individual cannot invest directly in an index.

The S&P 500 Index is an unmanaged index generally representative of the performance of large companies in the U.S. stock market. Index levels are in total return USD. The performance of the index does not reflect the deduction of expenses associated with a fund, such as management fees. By contrast, the performance of the Fund reflects the deduction of the fund expenses, including sales charges if applicable. An individual cannot invest directly in an index.

The Former Diversified Composite Benchmark is a composite benchmark of unmanaged indexes that correspond to the Fund's model allocation and consists of the S&P 500 Index (60%) and Barclays U.S. Aggregate Index (40%). The performance of the composite benchmark does not reflect the deduction of expenses associated with a fund, such as investment management fees. By contrast, the performance of the Fund reflects the deduction of these expenses, including sales charges if applicable. An individual cannot invest directly in an index.

Total return assumes reinvestment of dividends and capital gains distributions and reflects the deduction of any sales charges, where applicable. Performance may reflect the waiver of a portion of the Fund's advisory or administrative fees for certain periods since the inception date. If fees had not been waived, performance would have been less favorable.