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 08/31/1948
Fund without Sales Charge (%) (NAV) 5.17 6.49 4.13 7.68 10.42
Fund with Sales Charge (%) (POP) 5.17 6.49 4.13 7.68 10.42
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 08/31/1948
Fund without Sales Charge (%) (NAV) 5.17 6.49 4.13 7.68 10.42
Fund with Sales Charge (%) (POP) 5.17 6.49 4.13 7.68 10.42
Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index (%) 7.94 8.15 7.53 9.91
S&P 500 Index (%) 4.25 13.40 10.84 13.24

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 2.90 4.34 2.04 5.52
Fund without Sales Charge (%) (NAV) After Shares Sold 3.05 4.14 2.34 5.25
Fund with Sales Charge (%) (POP) Before Shares Sold 2.90 4.34 2.04 5.52
Fund with Sales Charge (%) (POP) After Shares Sold 3.05 4.14 2.34 5.25
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.90 4.34 2.04 5.52
Fund without Sales Charge (%) (NAV) After Shares Sold 3.05 4.14 2.34 5.25
Fund with Sales Charge (%) (POP) Before Shares Sold 2.90 4.34 2.04 5.52
Fund with Sales Charge (%) (POP) After Shares Sold 3.05 4.14 2.34 5.25

Calendar Year Returns

2018 2017 2016 2015 2014 2013
Fund without Sales Charge (%) (NAV) -5.17 8.67 16.68 -7.68 3.94 13.98
Fund with Sales Charge (%) (POP) -5.17 8.67 16.68 -7.68 3.94 13.98
Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index (%) -1.61 12.18 12.88 -0.68 9.42 14.90
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 08/31/1948
Fund without Sales Charge (%) (NAV) 0.49 12.55 5.17 20.77 22.45 109.62 114,716.86
Fund with Sales Charge (%) (POP) 0.49 12.55 5.17 20.77 22.45 109.62 114,716.86
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/31/1948
Fund without Sales Charge (%) (NAV) 0.49 12.55 5.17 20.77 22.45 109.62 114,716.86
Fund with Sales Charge (%) (POP) 0.49 12.55 5.17 20.77 22.45 109.62 114,716.86
Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index (%) 2.61 13.48 7.94 26.49 43.79 157.25
S&P 500 Index (%) 1.70 20.55 4.25 45.80 67.27 246.74

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

3 YR 5 YR 10 YR
Standard Deviation (Fund) 7.21 8.26 8.51
Standard Deviation (Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index) 6.06 6.29 6.53
Beta 1.10 1.21 1.20
Sharpe Ratio 0.73 0.39 0.84
Information Ratio -0.67 -0.87 -0.63
Tracking Error 2.81 3.49 3.60

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

Gross Expense Ratio 0.40%
Net Expense Ratio [further-information] 0.40%
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 1.10
Sharpe Ratio 0.73
Standard Deviation 7.21

Benchmarks

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

  • Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index
  • S&P 500 Index