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) 10.37 4.14 5.10 7.83 10.10
Fund with Sales Charge (%) (POP) 9.37 4.14 5.10 7.83 10.10
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) 21.93 5.67 5.21 7.92 10.15
Fund with Sales Charge (%) (POP) 20.93 5.67 5.21 7.92 10.15
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 8.51 2.64 3.51 6.86
Fund without Sales Charge (%) (NAV) After Shares Sold 7.39 3.08 3.78 6.26
Fund with Sales Charge (%) (POP) Before Shares Sold 7.51 2.64 3.51 6.86
Fund with Sales Charge (%) (POP) After Shares Sold 6.80 3.08 3.78 6.26
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 19.88 4.15 3.62 6.95
Fund without Sales Charge (%) (NAV) After Shares Sold 14.30 4.23 3.84 6.32
Fund with Sales Charge (%) (POP) Before Shares Sold 18.88 4.15 3.62 6.95
Fund with Sales Charge (%) (POP) After Shares Sold 13.71 4.23 3.84 6.32

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 21.93 -9.87 7.37 14.77 -4.79 6.56 26.82 13.97 -2.44 10.62
Fund with Sales Charge (%) (POP) 20.93 -10.72 6.37 13.77 -5.67 5.56 25.82 12.97 -3.40 9.62
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) 3.43 -2.68 10.37 12.95 28.21 112.50 88,887.88
Fund with Sales Charge (%) (POP) 2.44 -3.66 9.37 12.95 28.21 112.50 88,887.88
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) 6.62 21.93 21.93 17.99 28.93 114.31 91,340.17
Fund with Sales Charge (%) (POP) 5.63 20.93 20.93 17.99 28.93 114.31 91,340.17
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) 11.20 11.05 11.25
Standard Deviation (S&P 500 Index) 11.95 11.75 12.32
Beta 0.88 0.89 0.87
Sharpe Ratio 0.22 0.37 0.65
Information Ratio -2.52 -1.82 -1.69
Tracking Error 4.13 3.99 3.63

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 0.65 0.76 0.83
Bull Bear Capture Ratio 0.57 0.66 0.74
% of Positive Months 61.11 63.33 65.00
Gains/Losses 1.38 1.46 1.70
Maximum Drawdown
13.33 13.77 18.02

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

Gross Expense Ratio 1.77%
Net Expense Ratio [further-information] 1.77%
Max Initial Sales Charge 0.00%
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 0.22
Standard Deviation 11.20

Benchmarks

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

  • S&P 500 Index