Average Annual Total Returns [further-information] As of 04/30/2020

Month EndAs of 04/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/01/1949
Fund without Sales Charge (%) (NAV) -16.76 -3.46 0.15 5.63 12.10
Fund with Sales Charge (%) (POP) -16.76 -3.46 0.15 5.63 12.10
S&P 500 Index (%) 0.86 9.04 9.12 11.69
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/01/1949
Fund without Sales Charge (%) (NAV) -20.62 -5.95 -1.25 4.80 11.98
Fund with Sales Charge (%) (POP) -20.62 -5.95 -1.25 4.80 11.98
S&P 500 Index (%) -6.98 5.10 6.72 10.53

After-Tax Average Annual Total Returns [further-information] As of 04/30/2020

Month EndAs of 04/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -18.33 -5.11 -1.61 4.45
Fund without Sales Charge (%) (NAV) After Shares Sold -8.34 -2.38 0.22 4.58
Fund with Sales Charge (%) (POP) Before Shares Sold -18.33 -5.11 -1.61 4.45
Fund with Sales Charge (%) (POP) After Shares Sold -8.34 -2.38 0.22 4.58
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -22.12 -7.56 -2.98 3.64
Fund without Sales Charge (%) (NAV) After Shares Sold -10.47 -4.09 -0.70 3.99
Fund with Sales Charge (%) (POP) Before Shares Sold -22.12 -7.56 -2.98 3.64
Fund with Sales Charge (%) (POP) After Shares Sold -10.47 -4.09 -0.70 3.99

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 23.13 -8.95 8.49 15.88 -3.81 7.60 28.10 15.14 -1.50 11.75
Fund with Sales Charge (%) (POP) 23.13 -8.95 8.49 15.88 -3.81 7.60 28.10 15.14 -1.50 11.75
S&P 500 Index (%) 31.49 -4.38 21.83 11.96 1.38 13.69 32.39 16.00 2.11 15.06

Cumulative Total Returns [further-information] As of 04/30/2020

Month EndAs of 04/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/1949
Fund without Sales Charge (%) (NAV) -20.48 -22.53 -16.76 -10.01 0.74 72.87 327,150.99
Fund with Sales Charge (%) (POP) -20.48 -22.53 -16.76 -10.01 0.74 72.87 327,150.99
S&P 500 Index (%) -9.26 -9.29 0.86 29.66 54.74 202.21
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/1949
Fund without Sales Charge (%) (NAV) -28.99 -28.99 -20.62 -16.81 -6.07 59.87 299,867.30
Fund with Sales Charge (%) (POP) -28.99 -28.99 -20.62 -16.81 -6.07 59.87 299,867.30
S&P 500 Index (%) -19.60 -19.60 -6.98 16.11 38.47 172.10

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 04/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 17.47 15.03 13.46
Standard Deviation (S&P 500 Index) 16.56 14.58 13.76
Beta 1.00 0.97 0.93
Sharpe Ratio -0.29 -0.06 0.37
Information Ratio -2.27 -1.82 -1.43
Tracking Error 5.51 4.94 4.24

ADDITIONAL RISK STATISTICSAs of 04/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.81 0.77 0.80
Beta Bear 1.19 1.16 1.11
Bull Bear Capture Ratio 0.57 0.63 0.74
% of Positive Months 58.33 61.67 63.33
Gains/Losses 0.91 1.08 1.45
Maximum Drawdown
28.99 28.99 28.99

SALES CHARGE, EXPENSES & FEES As of 05/01/2020 (updated annually)

Gross Expense Ratio 0.79%
Net Expense Ratio [further-information] 0.79%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 04/30/2020 Updated Monthly, based on a 3-year period

Beta 1.00
Sharpe Ratio -0.29
Standard Deviation 17.47

Benchmarks

A benchmark is a comparable broad-based index that can be used to evaluate a fund's performance.

  • S&P 500 Index