Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/01/1949
Fund without Sales Charge (%) (NAV) -14.19 -2.88 1.06 7.10 12.53
Fund with Sales Charge (%) (POP) -14.19 -2.88 1.06 7.10 12.53
S&P 500 Index (%) 7.51 10.73 10.72 13.99
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/01/1949
Fund without Sales Charge (%) (NAV) -14.19 -2.88 1.06 7.10 12.53
Fund with Sales Charge (%) (POP) -14.19 -2.88 1.06 7.10 12.53
S&P 500 Index (%) 7.51 10.73 10.72 13.99

After-Tax Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -15.82 -4.57 -0.74 5.89
Fund without Sales Charge (%) (NAV) After Shares Sold -6.81 -1.99 0.88 5.77
Fund with Sales Charge (%) (POP) Before Shares Sold -15.82 -4.57 -0.74 5.89
Fund with Sales Charge (%) (POP) After Shares Sold -6.81 -1.99 0.88 5.77
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -15.82 -4.57 -0.74 5.89
Fund without Sales Charge (%) (NAV) After Shares Sold -6.81 -1.99 0.88 5.77
Fund with Sales Charge (%) (POP) Before Shares Sold -15.82 -4.57 -0.74 5.89
Fund with Sales Charge (%) (POP) After Shares Sold -6.81 -1.99 0.88 5.77

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013
Fund without Sales Charge (%) (NAV) 23.26 -8.88 8.61 16.05 -3.71 7.72 28.26
Fund with Sales Charge (%) (POP) 23.26 -8.88 8.61 16.05 -3.71 7.72 28.26
S&P 500 Index (%) 31.49 -4.38 21.83 11.96 1.38 13.69 32.39

Cumulative Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/1949
Fund without Sales Charge (%) (NAV) 11.61 -20.76 -14.19 -8.41 5.44 98.51 437,480.87
Fund with Sales Charge (%) (POP) 11.61 -20.76 -14.19 -8.41 5.44 98.51 437,480.87
S&P 500 Index (%) 20.54 -3.08 7.51 35.77 66.45 270.31
Quarter EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/1949
Fund without Sales Charge (%) (NAV) 11.61 -20.76 -14.19 -8.41 5.44 98.51 437,480.87
Fund with Sales Charge (%) (POP) 11.61 -20.76 -14.19 -8.41 5.44 98.51 437,480.87
S&P 500 Index (%) 20.54 -3.08 7.51 35.77 66.45 270.31

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 17.53 15.02 13.22
Standard Deviation (S&P 500 Index) 16.71 14.63 13.36
Beta 0.99 0.97 0.94
Sharpe Ratio -0.26 0.00 0.49
Information Ratio -2.45 -1.92 -1.63
Tracking Error 5.55 5.03 4.23

ADDITIONAL RISK STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.81 0.76 0.80
Beta Bear 1.19 1.16 1.15
Bull Bear Capture Ratio 0.55 0.62 0.71
Gains/Losses 0.94 1.13 1.59

SALES CHARGE, EXPENSES & FEES As of 05/01/2020 (updated annually)

Gross Expense Ratio 0.71%
Net Expense Ratio [further-information] 0.71%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 06/30/2020 Updated Monthly, based on a 3-year period

Beta 0.99
Sharpe Ratio -0.26
Standard Deviation 17.53

Benchmarks

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

  • S&P 500 Index