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) 6.77 11.05 8.65 11.50 9.15
Fund with Sales Charge (%) (POP) 6.77 11.05 8.65 11.50 9.15
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) 6.77 11.05 8.65 11.50 9.15
Fund with Sales Charge (%) (POP) 6.77 11.05 8.65 11.50 9.15
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 4.72 9.33 6.92 10.29
Fund without Sales Charge (%) (NAV) After Shares Sold 4.66 8.29 6.44 9.28
Fund with Sales Charge (%) (POP) Before Shares Sold 4.72 9.33 6.92 10.29
Fund with Sales Charge (%) (POP) After Shares Sold 4.66 8.29 6.44 9.28
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.72 9.33 6.92 10.29
Fund without Sales Charge (%) (NAV) After Shares Sold 4.66 8.29 6.44 9.28
Fund with Sales Charge (%) (POP) Before Shares Sold 4.72 9.33 6.92 10.29
Fund with Sales Charge (%) (POP) After Shares Sold 4.66 8.29 6.44 9.28

Calendar Year Returns

2018 2017 2016 2015 2014 2013
Fund without Sales Charge (%) (NAV) -4.33 16.41 12.20 -0.53 9.50 29.84
Fund with Sales Charge (%) (POP) -4.33 16.41 12.20 -0.53 9.50 29.84
S&P 500 Index (%) -4.38 21.83 11.96 1.38 13.69 32.39

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) 2.44 17.69 6.77 36.95 51.41 197.05 1,481.26
Fund with Sales Charge (%) (POP) 2.44 17.69 6.77 36.95 51.41 197.05 1,481.26
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) 2.44 17.69 6.77 36.95 51.41 197.05 1,481.26
Fund with Sales Charge (%) (POP) 2.44 17.69 6.77 36.95 51.41 197.05 1,481.26
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 10/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 10.22 10.36 11.39
Standard Deviation (S&P 500 Index) 11.90 11.82 12.46
Beta 0.83 0.86 0.90
Sharpe Ratio 1.02 0.74 0.98
Information Ratio -0.94 -0.76 -0.79
Tracking Error 3.11 2.75 2.54

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

Gross Expense Ratio 0.53%
Net Expense Ratio [further-information] 0.51%
Max Initial Sales Charge 0.00%
CDSC

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

Beta 0.83
Sharpe Ratio 1.02
Standard Deviation 10.22

Benchmarks

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

  • S&P 500 Index