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) -16.69 -3.38 0.24 5.73 12.53
Fund with Sales Charge (%) (POP) -16.69 -3.38 0.24 5.73 12.53
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) -20.55 -5.87 -1.14 4.91 12.41
Fund with Sales Charge (%) (POP) -20.55 -5.87 -1.14 4.91 12.41
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 -18.27 -5.06 -1.54 4.54
Fund without Sales Charge (%) (NAV) After Shares Sold -8.28 -2.32 0.29 4.66
Fund with Sales Charge (%) (POP) Before Shares Sold -18.27 -5.06 -1.54 4.54
Fund with Sales Charge (%) (POP) After Shares Sold -8.28 -2.32 0.29 4.66
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -22.06 -7.50 -2.90 3.73
Fund without Sales Charge (%) (NAV) After Shares Sold -10.42 -4.03 -0.63 4.07
Fund with Sales Charge (%) (POP) Before Shares Sold -22.06 -7.50 -2.90 3.73
Fund with Sales Charge (%) (POP) After Shares Sold -10.42 -4.03 -0.63 4.07

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013
Fund without Sales Charge (%) (NAV) 23.26 -8.88 8.61 16.05 -3.71 7.72 28.26
Fund with Sales Charge (%) (POP) 23.26 -8.88 8.61 16.05 -3.71 7.72 28.26
S&P 500 Index (%) 31.49 -4.38 21.83 11.96 1.38 13.69 32.39

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) -20.49 -22.54 -16.69 -9.80 1.23 74.66 427,658.86
Fund with Sales Charge (%) (POP) -20.49 -22.54 -16.69 -9.80 1.23 74.66 427,658.86
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) -29.00 -29.00 -20.55 -16.59 -5.59 61.52 391,978.88
Fund with Sales Charge (%) (POP) -29.00 -29.00 -20.55 -16.59 -5.59 61.52 391,978.88
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) 17.48 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 0.38
Information Ratio -2.25 -1.80 -1.40
Tracking Error 5.51 4.94 4.25

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 0.64 0.74
% of Positive Months 58.33 61.67 63.33
Gains/Losses 0.92 1.08 1.46
Maximum Drawdown
29.00 29.00 29.00

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

Gross Expense Ratio 0.71%
Net Expense Ratio [further-information] 0.71%
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 17.48

Benchmarks

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

  • S&P 500 Index