Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 03/31/1948
Fund without Sales Charge (%) (NAV) 32.66 17.87 12.78 13.79 11.02
Fund with Sales Charge (%) (POP) 32.66 17.87 12.78 13.79 11.02
S&P 500 Index (%) 31.49 15.28 11.70 13.56
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 03/31/1948
Fund without Sales Charge (%) (NAV) 32.66 17.87 12.78 13.79 11.02
Fund with Sales Charge (%) (POP) 32.66 17.87 12.78 13.79 11.02
S&P 500 Index (%) 31.49 15.28 11.70 13.56

After-Tax Average Annual Total Returns [further-information] As of 12/31/2019

No chart available for this data.
Month EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold
Fund without Sales Charge (%) (NAV) After Shares Sold
Fund with Sales Charge (%) (POP) Before Shares Sold
Fund with Sales Charge (%) (POP) After Shares Sold
No chart available for this data.
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold
Fund without Sales Charge (%) (NAV) After Shares Sold
Fund with Sales Charge (%) (POP) Before Shares Sold
Fund with Sales Charge (%) (POP) After Shares Sold

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011
Fund without Sales Charge (%) (NAV) 32.66 -3.06 27.36 8.86 2.36 15.36 29.97
Fund with Sales Charge (%) (POP) 32.66 -3.06 27.36 8.86 2.36 15.36 29.97
S&P 500 Index (%) 31.49 -4.38 21.83 11.96 1.38 13.69 32.39 16.00 2.11

Cumulative Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/31/1948
Fund without Sales Charge (%) (NAV) 8.17 32.66 32.66 63.77 82.48 264.10 180,324.06
Fund with Sales Charge (%) (POP) 8.17 32.66 32.66 63.77 82.48 264.10 180,324.06
S&P 500 Index (%) 9.07 31.49 31.49 53.17 73.86 256.66
Quarter EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/31/1948
Fund without Sales Charge (%) (NAV) 8.17 32.66 32.66 63.77 82.48 264.10 180,324.06
Fund with Sales Charge (%) (POP) 8.17 32.66 32.66 63.77 82.48 264.10 180,324.06
S&P 500 Index (%) 9.07 31.49 31.49 53.17 73.86 256.66

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 12/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 12.74 12.20 12.68
Standard Deviation (S&P 500 Index) 11.93 11.88 12.40
Beta 1.04 1.00 1.00
Sharpe Ratio 1.27 0.96 1.04
Information Ratio 0.96 0.38 0.08
Tracking Error 2.71 2.84 2.84

ADDITIONAL RISK STATISTICSAs of 12/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 1.09 0.98 1.01
Beta Bear 1.18 1.12 1.05
Bull Bear Capture Ratio 1.11 1.06 1.02
% of Positive Months 77.78 70.00 67.50
Gains/Losses 2.77 2.21 2.25
Maximum Drawdown
15.07 15.07 15.83

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

Gross Expense Ratio 0.48%
Net Expense Ratio [further-information] 0.48%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 12/31/2019 Updated Monthly, based on a 3-year period

Beta 1.04
Sharpe Ratio 1.27
Standard Deviation 12.74

Benchmarks

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

  • S&P 500 Index