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 07/01/1949
Fund without Sales Charge (%) (NAV) -17.19 -3.93 -0.35 5.10 10.68
Fund with Sales Charge (%) (POP) -17.19 -3.93 -0.35 5.10 10.68
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 07/01/1949
Fund without Sales Charge (%) (NAV) -21.05 -6.43 -1.74 4.28 10.56
Fund with Sales Charge (%) (POP) -21.05 -6.43 -1.74 4.28 10.56
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 -18.66 -5.48 -2.00 4.03
Fund without Sales Charge (%) (NAV) After Shares Sold -8.68 -2.75 -0.16 4.15
Fund with Sales Charge (%) (POP) Before Shares Sold -18.66 -5.48 -2.00 4.03
Fund with Sales Charge (%) (POP) After Shares Sold -8.68 -2.75 -0.16 4.15
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -22.46 -7.93 -3.36 3.22
Fund without Sales Charge (%) (NAV) After Shares Sold -10.84 -4.46 -1.08 3.55
Fund with Sales Charge (%) (POP) Before Shares Sold -22.46 -7.93 -3.36 3.22
Fund with Sales Charge (%) (POP) After Shares Sold -10.84 -4.46 -1.08 3.55

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 04/30/2020

Month EndAs of 04/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/1949
Fund without Sales Charge (%) (NAV) -20.60 -22.67 -17.19 -11.34 -1.73 64.47 132,511.42
Fund with Sales Charge (%) (POP) -20.60 -22.67 -17.19 -11.34 -1.73 64.47 132,511.42
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 07/01/1949
Fund without Sales Charge (%) (NAV) -29.11 -29.11 -21.05 -18.07 -8.40 52.06 121,465.73
Fund with Sales Charge (%) (POP) -29.11 -29.11 -21.05 -18.07 -8.40 52.06 121,465.73
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) 17.48 15.04 13.47
Standard Deviation (S&P 500 Index) 16.56 14.58 13.76
Beta 1.00 0.98 0.93
Sharpe Ratio -0.32 -0.10 0.34
Information Ratio -2.35 -1.92 -1.55
Tracking Error 5.51 4.93 4.24

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

3 YR 5 YR 10 YR
Beta Bull 0.81 0.77 0.80
Beta Bear 1.19 1.16 1.11
Bull Bear Capture Ratio 0.55 0.62 0.72
% of Positive Months 58.33 61.67 63.33
Gains/Losses 0.89 1.05 1.41
Maximum Drawdown
29.11 29.11 29.11

SALES CHARGE, EXPENSES & FEES As of 05/01/2020 (updated annually)

Gross Expense Ratio 1.29%
Net Expense Ratio [further-information] 1.29%
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 -0.32
Standard Deviation 17.48

Benchmarks

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

  • S&P 500 Index