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 10/02/1995
Fund without Sales Charge (%) (NAV) 11.91 10.77 7.48 10.40 6.74
Fund with Sales Charge (%) (POP) 10.91 10.77 7.48 10.40 6.74
S&P 500 Index (%) 14.33 14.92 10.78 13.70 9.16
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 10/02/1995
Fund without Sales Charge (%) (NAV) 5.61 9.84 7.45 10.23 6.72
Fund with Sales Charge (%) (POP) 4.61 9.84 7.45 10.23 6.72
S&P 500 Index (%) 4.25 13.40 10.84 13.24 9.10

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 10.17 9.37 6.07 9.48
Fund without Sales Charge (%) (NAV) After Shares Sold 7.68 8.14 5.58 8.41
Fund with Sales Charge (%) (POP) Before Shares Sold 9.17 9.37 6.07 9.48
Fund with Sales Charge (%) (POP) After Shares Sold 7.09 8.14 5.58 8.41
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.97 8.45 6.03 9.31
Fund without Sales Charge (%) (NAV) After Shares Sold 3.93 7.41 5.57 8.27
Fund with Sales Charge (%) (POP) Before Shares Sold 2.97 8.45 6.03 9.31
Fund with Sales Charge (%) (POP) After Shares Sold 3.34 7.41 5.57 8.27

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) -5.36 15.07 10.92 -1.61 8.26 28.40 10.97 0.70 14.99 25.49
Fund with Sales Charge (%) (POP) -6.25 14.07 9.92 -2.55 7.26 27.40 9.97 -0.29 13.99 24.49
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 10/31/2019

Month EndAs of 10/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/02/1995
Fund without Sales Charge (%) (NAV) 2.37 18.10 11.91 35.92 43.46 169.03 381.63
Fund with Sales Charge (%) (POP) 1.37 17.10 10.91 35.92 43.46 169.03 381.63
S&P 500 Index (%) 2.43 23.16 14.33 51.73 66.81 260.96 725.49
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/02/1995
Fund without Sales Charge (%) (NAV) 2.15 16.74 5.61 32.51 43.22 164.90 376.07
Fund with Sales Charge (%) (POP) 1.15 15.74 4.61 32.51 43.22 164.90 376.07
S&P 500 Index (%) 1.70 20.55 4.25 45.80 67.27 246.74 707.99

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

3 YR 5 YR 10 YR
Standard Deviation (Fund) 10.23 10.36 11.39
Standard Deviation (S&P 500 Index) 11.90 11.82 12.46
Beta 0.84 0.86 0.90
Sharpe Ratio 0.90 0.63 0.87
Information Ratio -1.34 -1.20 -1.29
Tracking Error 3.10 2.75 2.54

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

Gross Expense Ratio 1.60%
Net Expense Ratio [further-information] 1.59%
Max Initial Sales Charge 0.00%
CDSC 1.00%

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

Beta 0.84
Sharpe Ratio 0.90
Standard Deviation 10.23

Benchmarks

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

  • S&P 500 Index