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 03/31/1948
Fund without Sales Charge (%) (NAV) 23.16 16.57 12.72 13.69 9.47
Fund with Sales Charge (%) (POP) 23.16 16.57 12.72 13.69 9.47
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 03/31/1948
Fund without Sales Charge (%) (NAV) 31.85 17.14 12.07 13.05 9.45
Fund with Sales Charge (%) (POP) 31.85 17.14 12.07 13.05 9.45
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 21.59 15.74 11.88 13.24
Fund without Sales Charge (%) (NAV) After Shares Sold 14.73 12.97 10.02 11.46
Fund with Sales Charge (%) (POP) Before Shares Sold 21.59 15.74 11.88 13.24
Fund with Sales Charge (%) (POP) After Shares Sold 14.73 12.97 10.02 11.46
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 30.17 16.30 11.23 12.61
Fund without Sales Charge (%) (NAV) After Shares Sold 19.99 13.44 9.49 10.89
Fund with Sales Charge (%) (POP) Before Shares Sold 30.17 16.30 11.23 12.61
Fund with Sales Charge (%) (POP) After Shares Sold 19.99 13.44 9.49 10.89

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 31.85 -3.63 26.50 8.15 1.68 14.58 29.08 13.39 0.38 14.59
Fund with Sales Charge (%) (POP) 31.85 -3.63 26.50 8.15 1.68 14.58 29.08 13.39 0.38 14.59
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 03/31/1948
Fund without Sales Charge (%) (NAV) 8.77 1.77 23.16 58.42 82.00 260.74 66,283.22
Fund with Sales Charge (%) (POP) 8.77 1.77 23.16 58.42 82.00 260.74 66,283.22
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 03/31/1948
Fund without Sales Charge (%) (NAV) 8.01 31.85 31.85 60.75 76.77 240.99 65,129.14
Fund with Sales Charge (%) (POP) 8.01 31.85 31.85 60.75 76.77 240.99 65,129.14
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) 12.69 12.16 12.58
Standard Deviation (S&P 500 Index) 11.95 11.75 12.32
Beta 1.04 1.01 0.99
Sharpe Ratio 1.18 0.96 1.04
Information Ratio 0.73 0.12 -0.10
Tracking Error 2.78 2.84 2.90

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

3 YR 5 YR 10 YR
Beta Bull 1.10 0.98 1.01
Beta Bear 1.23 1.15 1.08
Bull Bear Capture Ratio 1.11 1.03 1.00
% of Positive Months 77.78 71.67 68.33
Gains/Losses 2.64 2.21 2.26
Maximum Drawdown
15.18 15.18 16.07

SALES CHARGE, EXPENSES & FEES As of 02/01/2020 (updated annually)

Gross Expense Ratio 1.09%
Net Expense Ratio [further-information] 1.09%
Max Initial Sales Charge 0.00%
CDSC

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

Beta 1.04
Sharpe Ratio 1.18
Standard Deviation 12.69

Benchmarks

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

  • S&P 500 Index