Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 07/01/1949
Fund without Sales Charge (%) (NAV) 0.99 6.38 5.19 8.80 12.51
Fund with Sales Charge (%) (POP) 0.99 6.38 5.19 8.80 12.51
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 07/01/1949
Fund without Sales Charge (%) (NAV) 0.99 6.38 5.19 8.80 12.51
Fund with Sales Charge (%) (POP) 0.99 6.38 5.19 8.80 12.51
S&P 500 Index (%) 4.25 13.40 10.84 13.24

After-Tax Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -0.68 4.78 3.62 7.78
Fund without Sales Charge (%) (NAV) After Shares Sold 1.45 4.74 3.83 7.06
Fund with Sales Charge (%) (POP) Before Shares Sold -0.68 4.78 3.62 7.78
Fund with Sales Charge (%) (POP) After Shares Sold 1.45 4.74 3.83 7.06
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -0.68 4.78 3.62 7.78
Fund without Sales Charge (%) (NAV) After Shares Sold 1.45 4.74 3.83 7.06
Fund with Sales Charge (%) (POP) Before Shares Sold -0.68 4.78 3.62 7.78
Fund with Sales Charge (%) (POP) After Shares Sold 1.45 4.74 3.83 7.06

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) -8.95 8.49 15.88 -3.81 7.60 28.10 15.14 -1.50 11.75 28.20
Fund with Sales Charge (%) (POP) -8.95 8.49 15.88 -3.81 7.60 28.10 15.14 -1.50 11.75 28.20
S&P 500 Index (%) -4.38 21.83 11.96 1.38 13.69 32.39 16.00 2.11 15.06 26.46

Cumulative Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/1949
Fund without Sales Charge (%) (NAV) 1.27 15.22 0.99 20.38 28.82 132.45 395,184.26
Fund with Sales Charge (%) (POP) 1.27 15.22 0.99 20.38 28.82 132.45 395,184.26
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/1949
Fund without Sales Charge (%) (NAV) 1.27 15.22 0.99 20.38 28.82 132.45 395,184.26
Fund with Sales Charge (%) (POP) 1.27 15.22 0.99 20.38 28.82 132.45 395,184.26
S&P 500 Index (%) 1.70 20.55 4.25 45.80 67.27 246.74

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 10/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 11.08 10.93 11.23
Standard Deviation (S&P 500 Index) 11.90 11.82 12.46
Beta 0.88 0.87 0.86
Sharpe Ratio 0.47 0.39 0.75
Information Ratio -2.01 -1.41 -1.22
Tracking Error 4.07 3.93 3.87

ADDITIONAL RISK STATISTICSAs of 10/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.90 0.82 0.80
Beta Bear 0.75 0.83 0.86
Bull Bear Capture Ratio 0.67 0.73 0.81
% of Positive Months 63.89 61.67 65.00
Gains/Losses 1.64 1.48 1.82
Maximum Drawdown
12.49 13.12 17.70

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

Gross Expense Ratio 0.77%
Net Expense Ratio [further-information] 0.77%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 10/31/2019 Updated Monthly, based on a 3-year period

Beta 0.88
Sharpe Ratio 0.47
Standard Deviation 11.08

Benchmarks

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

  • S&P 500 Index