Average Annual Total Returns [further-information] As of 10/31/2019

Month EndAs of 10/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 08/31/1948
Fund without Sales Charge (%) (NAV) 8.14 6.38 3.96 7.44 10.00
Fund with Sales Charge (%) (POP) 4.08 5.03 3.17 7.03 9.94
Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index (%) 11.42 8.70 7.26 9.99
S&P 500 Index (%) 14.33 14.92 10.78 13.70
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 08/31/1948
Fund without Sales Charge (%) (NAV) 4.40 6.06 3.79 7.41 10.01
Fund with Sales Charge (%) (POP) 0.49 4.72 3.00 7.00 9.95
Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index (%) 7.94 8.15 7.53 9.91
S&P 500 Index (%) 4.25 13.40 10.84 13.24

After-Tax Average Annual Total Returns [further-information] As of 10/31/2019

Month EndAs of 10/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.91 4.27 1.94 5.35
Fund without Sales Charge (%) (NAV) After Shares Sold 4.80 4.04 2.22 5.09
Fund with Sales Charge (%) (POP) Before Shares Sold 1.94 2.95 1.16 4.95
Fund with Sales Charge (%) (POP) After Shares Sold 2.40 3.01 1.61 4.75
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.27 3.97 1.77 5.32
Fund without Sales Charge (%) (NAV) After Shares Sold 2.61 3.81 2.09 5.06
Fund with Sales Charge (%) (POP) Before Shares Sold -1.56 2.66 1.00 4.92
Fund with Sales Charge (%) (POP) After Shares Sold 0.29 2.78 1.48 4.72

Calendar Year Returns

2018
Fund without Sales Charge (%) (NAV) -5.77
Fund with Sales Charge (%) (POP) -9.77
Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index (%) -1.61
S&P 500 Index (%) -4.38

Cumulative Total Returns [further-information] As of 10/31/2019

Month EndAs of 10/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/31/1948
Fund without Sales Charge (%) (NAV) 1.30 12.74 8.14 20.37 21.42 105.04 88,117.60
Fund with Sales Charge (%) (POP) -2.50 8.51 4.08 15.86 16.87 97.35 84,809.49
Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index (%) 2.65 14.07 11.42 28.43 41.97 158.99
S&P 500 Index (%) 2.43 23.16 14.33 51.73 66.81 260.96
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/31/1948
Fund without Sales Charge (%) (NAV) 0.42 12.26 4.40 19.32 20.42 104.43 87,740.04
Fund with Sales Charge (%) (POP) -3.35 8.05 0.49 14.85 15.90 96.76 84,446.09
Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index (%) 2.61 13.48 7.94 26.49 43.79 157.25
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) 7.30 8.35 8.62
Standard Deviation (Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index) 6.06 6.29 6.53
Alpha -2.90 -4.26 -4.09
Beta 1.12 1.22 1.21
Sharpe Ratio 0.66 0.36 0.80
Information Ratio -0.84 -0.92 -0.69
Tracking Error 2.78 3.61 3.66
R-Squared 0.86 0.84 0.85

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

3 YR 5 YR 10 YR
Beta Bull 1.19 1.27 1.18
Beta Bear 1.38 1.04 1.15
Bull Bear Capture Ratio 0.79 0.67 0.70
% of Positive Months 63.89 56.67 60.83
Gains/Losses 2.02 1.47 1.91
Maximum Drawdown
7.71 13.82 15.44

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

Gross Expense Ratio 0.72%
Net Expense Ratio [further-information] 0.72%
Max Initial Sales Charge 3.75%
CDSC 0.00%

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

Beta 1.12
Sharpe Ratio 0.66
Standard Deviation 7.30

Benchmarks

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

  • Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index
  • S&P 500 Index