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 08/31/1948
Fund without Sales Charge (%) (NAV) 16.08 6.15 5.20 7.38 10.43
Fund with Sales Charge (%) (POP) 16.08 6.15 5.20 7.38 10.43
Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index (%) 17.28 8.99 7.73 9.72
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 08/31/1948
Fund without Sales Charge (%) (NAV) 16.08 6.15 5.20 7.38 10.43
Fund with Sales Charge (%) (POP) 16.08 6.15 5.20 7.38 10.43
Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index (%) 17.28 8.99 7.73 9.72
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
Fund without Sales Charge (%) (NAV) 16.08 -5.17 8.67 16.68 -7.68 3.94 13.98
Fund with Sales Charge (%) (POP) 16.08 -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 (%) 17.28 -1.61 12.18 12.88 -0.68 9.42 14.90
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 12/31/2019

Month EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/31/1948
Fund without Sales Charge (%) (NAV) 3.14 16.08 16.08 19.62 28.85 103.76 118,317.54
Fund with Sales Charge (%) (POP) 3.14 16.08 16.08 19.62 28.85 103.76 118,317.54
Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index (%) 3.35 17.28 17.28 29.45 45.13 152.80
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 08/31/1948
Fund without Sales Charge (%) (NAV) 3.14 16.08 16.08 19.62 28.85 103.76 118,317.54
Fund with Sales Charge (%) (POP) 3.14 16.08 16.08 19.62 28.85 103.76 118,317.54
Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index (%) 3.35 17.28 17.28 29.45 45.13 152.80
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) 7.15 8.27 8.47
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 6.27 6.46
Beta 1.10 1.22 1.21
Sharpe Ratio 0.63 0.50 0.81
Information Ratio -1.06 -0.73 -0.67
Tracking Error 2.68 3.47 3.52

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 12/31/2019 Updated Monthly, based on a 3-year period

Beta 1.10
Sharpe Ratio 0.63
Standard Deviation 7.15

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