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 03/31/1948
Fund without Sales Charge (%) (NAV) 4.48 11.51 10.27 11.59 9.33
Fund with Sales Charge (%) (POP) 4.48 11.51 10.27 11.59 9.33
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 03/31/1948
Fund without Sales Charge (%) (NAV) -4.06 7.59 7.48 10.37 9.15
Fund with Sales Charge (%) (POP) -4.06 7.59 7.48 10.37 9.15
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 3.14 10.71 9.44 11.15
Fund without Sales Charge (%) (NAV) After Shares Sold 3.63 8.96 8.03 9.61
Fund with Sales Charge (%) (POP) Before Shares Sold 3.14 10.71 9.44 11.15
Fund with Sales Charge (%) (POP) After Shares Sold 3.63 8.96 8.03 9.61
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -5.28 6.81 6.67 9.94
Fund without Sales Charge (%) (NAV) After Shares Sold -1.28 5.92 5.83 8.57
Fund with Sales Charge (%) (POP) Before Shares Sold -5.28 6.81 6.67 9.94
Fund with Sales Charge (%) (POP) After Shares Sold -1.28 5.92 5.83 8.57

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 04/30/2020

Month EndAs of 04/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/31/1948
Fund without Sales Charge (%) (NAV) -6.76 -5.11 4.48 38.67 63.02 199.41 61,795.11
Fund with Sales Charge (%) (POP) -6.76 -5.11 4.48 38.67 63.02 199.41 61,795.11
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 03/31/1948
Fund without Sales Charge (%) (NAV) -16.22 -16.22 -4.06 24.53 43.43 168.25 54,550.02
Fund with Sales Charge (%) (POP) -16.22 -16.22 -4.06 24.53 43.43 168.25 54,550.02
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) 16.75 14.68 13.82
Standard Deviation (S&P 500 Index) 16.56 14.58 13.76
Beta 1.00 0.99 0.98
Sharpe Ratio 0.59 0.62 0.80
Information Ratio 0.85 0.40 -0.04
Tracking Error 2.90 2.85 2.94

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

3 YR 5 YR 10 YR
Beta Bull 1.08 1.00 1.01
Beta Bear 1.05 1.01 1.00
Bull Bear Capture Ratio 1.10 1.06 1.00
% of Positive Months 72.22 71.67 66.67
Gains/Losses 1.77 1.78 1.94
Maximum Drawdown
17.68 17.68 17.68

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 04/30/2020 Updated Monthly, based on a 3-year period

Beta 1.00
Sharpe Ratio 0.59
Standard Deviation 16.75

Benchmarks

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

  • S&P 500 Index