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) 10.95 4.69 5.64 8.38 11.09
Fund with Sales Charge (%) (POP) 10.95 4.69 5.64 8.38 11.09
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) 22.55 6.22 5.75 8.47 11.14
Fund with Sales Charge (%) (POP) 22.55 6.22 5.75 8.47 11.14
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 8.97 3.01 3.90 7.28
Fund without Sales Charge (%) (NAV) After Shares Sold 7.82 3.48 4.18 6.71
Fund with Sales Charge (%) (POP) Before Shares Sold 8.97 3.01 3.90 7.28
Fund with Sales Charge (%) (POP) After Shares Sold 7.82 3.48 4.18 6.71
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 20.37 4.51 4.00 7.36
Fund without Sales Charge (%) (NAV) After Shares Sold 14.76 4.64 4.23 6.76
Fund with Sales Charge (%) (POP) Before Shares Sold 20.37 4.51 4.00 7.36
Fund with Sales Charge (%) (POP) After Shares Sold 14.76 4.64 4.23 6.76

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 22.55 -9.41 7.96 15.31 -4.32 7.10 27.47 14.52 -1.94 11.18
Fund with Sales Charge (%) (POP) 22.55 -9.41 7.96 15.31 -4.32 7.10 27.47 14.52 -1.94 11.18
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) 3.58 -2.61 10.95 14.74 31.57 123.62 166,910.87
Fund with Sales Charge (%) (POP) 3.58 -2.61 10.95 14.74 31.57 123.62 166,910.87
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) 6.78 22.55 22.55 19.85 32.23 125.38 171,392.26
Fund with Sales Charge (%) (POP) 6.78 22.55 22.55 19.85 32.23 125.38 171,392.26
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) 11.19 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 0.27 0.41 0.69
Information Ratio -2.39 -1.69 -1.54
Tracking Error 4.13 3.98 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 0.84
Bull Bear Capture Ratio 0.59 0.69 0.76
% of Positive Months 61.11 63.33 65.00
Gains/Losses 1.43 1.51 1.76
Maximum Drawdown
12.93 13.45 17.88

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

Gross Expense Ratio 1.27%
Net Expense Ratio [further-information] 1.27%
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 0.88
Sharpe Ratio 0.27
Standard Deviation 11.19

Benchmarks

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

  • S&P 500 Index