Average Annual Total Returns [further-information] As of 01/31/2020

Month EndAs of 01/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/01/1949
Fund without Sales Charge (%) (NAV) 11.23 4.94 5.90 8.62 11.63
Fund with Sales Charge (%) (POP) 5.12 2.98 4.71 8.01 11.54
S&P 500 Index (%) 21.68 14.55 12.37 13.97
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/01/1949
Fund without Sales Charge (%) (NAV) 22.86 6.49 6.01 8.70 11.69
Fund with Sales Charge (%) (POP) 16.09 4.49 4.82 8.09 11.60
S&P 500 Index (%) 31.49 15.28 11.70 13.56

After-Tax Average Annual Total Returns [further-information] As of 01/31/2020

Month EndAs of 01/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 9.17 3.18 4.09 7.46
Fund without Sales Charge (%) (NAV) After Shares Sold 8.05 3.67 4.38 6.90
Fund with Sales Charge (%) (POP) Before Shares Sold 3.18 1.25 2.92 6.86
Fund with Sales Charge (%) (POP) After Shares Sold 4.36 2.15 3.43 6.38
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 20.59 4.70 4.19 7.55
Fund without Sales Charge (%) (NAV) After Shares Sold 15.01 4.84 4.43 6.95
Fund with Sales Charge (%) (POP) Before Shares Sold 13.94 2.74 3.02 6.94
Fund with Sales Charge (%) (POP) After Shares Sold 10.92 3.29 3.49 6.43

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 22.86 -9.18 8.21 15.61 -4.10 7.30 27.74 14.75 -1.79 11.41
Fund with Sales Charge (%) (POP) 16.09 -14.17 1.97 8.98 -9.62 1.11 20.40 8.14 -7.44 5.02
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 01/31/2020

Month EndAs of 01/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/1949
Fund without Sales Charge (%) (NAV) 3.65 -2.60 11.23 15.58 33.22 128.60 236,016.46
Fund with Sales Charge (%) (POP) -2.04 -7.97 5.12 9.21 25.88 116.02 222,963.48
S&P 500 Index (%) 6.72 -0.04 21.68 50.26 79.17 269.82
Quarter EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/1949
Fund without Sales Charge (%) (NAV) 6.84 22.86 22.86 20.75 33.88 130.40 242,330.69
Fund with Sales Charge (%) (POP) 0.95 16.09 16.09 14.10 26.54 117.72 228,928.64
S&P 500 Index (%) 9.07 31.49 31.49 53.17 73.86 256.66

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 01/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 11.21 11.06 11.26
Standard Deviation (S&P 500 Index) 11.95 11.75 12.32
Beta 0.88 0.89 0.88
Sharpe Ratio 0.29 0.44 0.72
Information Ratio -2.32 -1.62 -1.48
Tracking Error 4.14 3.99 3.62

ADDITIONAL RISK STATISTICSAs of 01/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.91 0.82 0.83
Beta Bear 0.66 0.76 0.84
Bull Bear Capture Ratio 0.60 0.70 0.77
% of Positive Months 61.11 63.33 65.00
Gains/Losses 1.45 1.54 1.78
Maximum Drawdown
12.72 13.25 17.81

SALES CHARGE, EXPENSES & FEES As of 05/01/2019 (updated annually)

Gross Expense Ratio 1.02%
Net Expense Ratio [further-information] 1.02%
Max Initial Sales Charge 5.50%
CDSC 1.00%

Volatility Measures [further-information] As of 01/31/2020 Updated Monthly, based on a 3-year period

Beta 0.88
Sharpe Ratio 0.29
Standard Deviation 11.21

Benchmarks

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

  • S&P 500 Index