Average Annual Total Returns [further-information] As of 05/31/2020

Month EndAs of 05/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 03/31/1948
Fund without Sales Charge (%) (NAV) 18.55 13.37 11.68 13.56 10.38
Fund with Sales Charge (%) (POP) 12.04 11.25 10.42 12.92 10.29
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 03/31/1948
Fund without Sales Charge (%) (NAV) -3.81 7.85 7.75 10.65 10.11
Fund with Sales Charge (%) (POP) -9.10 5.84 6.54 10.02 10.02

After-Tax Average Annual Total Returns [further-information] As of 05/31/2020

Month EndAs of 05/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 16.97 12.48 10.76 13.05
Fund without Sales Charge (%) (NAV) After Shares Sold 12.01 10.37 9.13 11.32
Fund with Sales Charge (%) (POP) Before Shares Sold 10.54 10.38 9.52 12.41
Fund with Sales Charge (%) (POP) After Shares Sold 8.10 8.68 8.10 10.75
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -5.10 7.02 6.87 10.15
Fund without Sales Charge (%) (NAV) After Shares Sold -1.08 6.13 6.04 8.80
Fund with Sales Charge (%) (POP) Before Shares Sold -10.31 5.01 5.67 9.53
Fund with Sales Charge (%) (POP) After Shares Sold -4.28 4.55 5.06 8.25

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 32.17 -3.39 26.82 8.41 1.94 14.88 29.39 13.69 0.63 14.87
Fund with Sales Charge (%) (POP) 24.90 -8.70 19.53 2.17 -3.93 8.27 21.94 7.17 -5.15 8.27
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 05/31/2020

Month EndAs of 05/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/31/1948
Fund without Sales Charge (%) (NAV) 8.08 1.46 18.55 45.69 73.71 256.63 124,451.18
Fund with Sales Charge (%) (POP) 2.13 -4.12 12.04 37.68 64.16 237.01 117,434.26
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) -16.16 -16.16 -3.81 25.45 45.24 175.06 102,817.68
Fund with Sales Charge (%) (POP) -20.77 -20.77 -9.10 18.55 37.26 159.93 97,019.55

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 17.06 14.89 13.50
Standard Deviation (S&P 500 Index) 16.71 14.63 13.36
Beta 1.00 1.00 0.98
Sharpe Ratio 0.72 0.76 1.02
Information Ratio 1.06 0.59 0.14
Tracking Error 3.05 2.98 3.01

ADDITIONAL RISK STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 1.10 1.01 1.02
Beta Bear 1.05 1.00 1.00
Bull Bear Capture Ratio 1.13 1.08 1.03
Gains/Losses 1.91 1.95 2.27

SALES CHARGE, EXPENSES & FEES As of 02/01/2020 (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 06/30/2020 Updated Monthly, based on a 3-year period

Beta 1.00
Sharpe Ratio 0.72
Standard Deviation 17.06

Benchmarks

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

  • S&P 500 Index