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 03/31/1948
Fund without Sales Charge (%) (NAV) 3.79 14.92 11.95 13.30 10.34
Fund with Sales Charge (%) (POP) -1.92 12.77 10.69 12.66 10.25
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 03/31/1948
Fund without Sales Charge (%) (NAV) 3.79 14.92 11.95 13.30 10.34
Fund with Sales Charge (%) (POP) -1.92 12.77 10.69 12.66 10.25
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 3.44 14.20 11.32 12.93
Fund without Sales Charge (%) (NAV) After Shares Sold 2.46 11.58 9.40 11.11
Fund with Sales Charge (%) (POP) Before Shares Sold -2.26 12.07 10.07 12.30
Fund with Sales Charge (%) (POP) After Shares Sold -0.93 9.86 8.37 10.54
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.44 14.20 11.32 12.93
Fund without Sales Charge (%) (NAV) After Shares Sold 2.46 11.58 9.40 11.11
Fund with Sales Charge (%) (POP) Before Shares Sold -2.26 12.07 10.07 12.30
Fund with Sales Charge (%) (POP) After Shares Sold -0.93 9.86 8.37 10.54

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) -3.39 26.82 8.41 1.94 14.88 29.39 13.69 0.63 14.87 34.25
Fund with Sales Charge (%) (POP) -8.70 19.53 2.17 -3.93 8.27 21.94 7.17 -5.15 8.27 26.51
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 03/31/1948
Fund without Sales Charge (%) (NAV) 0.39 22.29 3.79 51.76 75.85 248.55 113,483.85
Fund with Sales Charge (%) (POP) -5.13 15.56 -1.92 43.41 66.19 229.41 107,084.81
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/31/1948
Fund without Sales Charge (%) (NAV) 0.39 22.29 3.79 51.76 75.85 248.55 113,483.85
Fund with Sales Charge (%) (POP) -5.13 15.56 -1.92 43.41 66.19 229.41 107,084.81
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) 12.64 12.16 12.77
Standard Deviation (S&P 500 Index) 11.90 11.82 12.46
Beta 1.04 1.00 1.00
Sharpe Ratio 1.17 0.86 1.03
Information Ratio 0.54 0.25 0.00
Tracking Error 2.77 2.84 2.88

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

3 YR 5 YR 10 YR
Beta Bull 1.08 0.98 1.01
Beta Bear 1.18 1.09 1.05
Bull Bear Capture Ratio 1.07 1.04 1.01
% of Positive Months 77.78 68.33 67.50
Gains/Losses 2.63 2.08 2.23
Maximum Drawdown
15.12 15.12 15.98

SALES CHARGE, EXPENSES & FEES As of 02/01/2019 (updated annually)

Gross Expense Ratio 0.84%
Net Expense Ratio [further-information] 0.84%
Max Initial Sales Charge 5.50%
CDSC 1.00%

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

Beta 1.04
Sharpe Ratio 1.17
Standard Deviation 12.64

Benchmarks

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

  • S&P 500 Index