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 03/15/1988
Fund without Sales Charge (%) (NAV) 6.43 10.66 8.26 11.06 8.74
Fund with Sales Charge (%) (POP) 0.59 8.59 7.04 10.43 8.54
S&P 500 Index (%) 4.25 13.40 10.84 13.24 10.36
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 03/15/1988
Fund without Sales Charge (%) (NAV) 6.43 10.66 8.26 11.06 8.74
Fund with Sales Charge (%) (POP) 0.59 8.59 7.04 10.43 8.54
S&P 500 Index (%) 4.25 13.40 10.84 13.24 10.36

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 4.50 9.05 6.63 9.95
Fund without Sales Charge (%) (NAV) After Shares Sold 4.45 8.01 6.16 8.93
Fund with Sales Charge (%) (POP) Before Shares Sold -1.24 7.01 5.43 9.33
Fund with Sales Charge (%) (POP) After Shares Sold 0.95 6.37 5.18 8.38
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.50 9.05 6.63 9.95
Fund without Sales Charge (%) (NAV) After Shares Sold 4.45 8.01 6.16 8.93
Fund with Sales Charge (%) (POP) Before Shares Sold -1.24 7.01 5.43 9.33
Fund with Sales Charge (%) (POP) After Shares Sold 0.95 6.37 5.18 8.38

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) -4.67 15.96 11.75 -0.90 9.12 29.28 11.85 1.47 15.86 26.42
Fund with Sales Charge (%) (POP) -9.91 9.28 5.34 -6.61 2.85 21.84 5.40 -4.37 9.18 19.16
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 03/15/1988
Fund without Sales Charge (%) (NAV) 2.32 17.43 6.43 35.52 48.71 185.41 1,305.16
Fund with Sales Charge (%) (POP) -3.29 10.95 0.59 28.05 40.53 169.78 1,228.11
S&P 500 Index (%) 1.70 20.55 4.25 45.80 67.27 246.74 2,140.52
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/15/1988
Fund without Sales Charge (%) (NAV) 2.32 17.43 6.43 35.52 48.71 185.41 1,305.16
Fund with Sales Charge (%) (POP) -3.29 10.95 0.59 28.05 40.53 169.78 1,228.11
S&P 500 Index (%) 1.70 20.55 4.25 45.80 67.27 246.74 2,140.52

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 09/30/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 10.30 10.37 11.41
Standard Deviation (S&P 500 Index) 12.01 11.83 12.49
Beta 0.83 0.86 0.90
Sharpe Ratio 0.89 0.70 0.92
Information Ratio -0.88 -0.93 -0.85
Tracking Error 3.11 2.77 2.58

SALES CHARGE, EXPENSES & FEES As of 03/01/2019 (updated annually)

Gross Expense Ratio 0.85%
Net Expense Ratio [further-information] 0.84%
Max Initial Sales Charge 5.50%
CDSC 1.00%

Volatility Measures [further-information] As of 09/30/2019 Updated Monthly, based on a 3-year period

Beta 0.83
Sharpe Ratio 0.89
Standard Deviation 10.30

Benchmarks

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

  • S&P 500 Index