Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/01/1949
Fund without Sales Charge (%) (NAV) -20.82 -6.19 -1.49 4.52 11.10
Fund with Sales Charge (%) (POP) -25.18 -7.94 -2.60 3.93 11.02
S&P 500 Index (%) -6.98 5.10 6.72 10.53
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/01/1949
Fund without Sales Charge (%) (NAV) -20.82 -6.19 -1.49 4.52 11.10
Fund with Sales Charge (%) (POP) -25.18 -7.94 -2.60 3.93 11.02
S&P 500 Index (%) -6.98 5.10 6.72 10.53

After-Tax Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -22.28 -7.76 -3.18 3.40
Fund without Sales Charge (%) (NAV) After Shares Sold -10.63 -4.27 -0.89 3.75
Fund with Sales Charge (%) (POP) Before Shares Sold -26.56 -9.48 -4.27 2.82
Fund with Sales Charge (%) (POP) After Shares Sold -13.31 -5.57 -1.72 3.26
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -22.28 -7.76 -3.18 3.40
Fund without Sales Charge (%) (NAV) After Shares Sold -10.63 -4.27 -0.89 3.75
Fund with Sales Charge (%) (POP) Before Shares Sold -26.56 -9.48 -4.27 2.82
Fund with Sales Charge (%) (POP) After Shares Sold -13.31 -5.57 -1.72 3.26

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 22.86 -9.18 8.21 15.61 -4.10 7.30 27.74 14.75 -1.79 11.41
Fund with Sales Charge (%) (POP) 16.09 -14.17 1.97 8.98 -9.62 1.11 20.40 8.14 -7.44 5.02
S&P 500 Index (%) 31.49 -4.38 21.83 11.96 1.38 13.69 32.39 16.00 2.11 15.06

Cumulative Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/1949
Fund without Sales Charge (%) (NAV) -29.05 -29.05 -20.82 -17.43 -7.23 55.55 171,895.95
Fund with Sales Charge (%) (POP) -32.96 -32.96 -25.18 -21.98 -12.35 46.96 162,387.67
S&P 500 Index (%) -19.60 -19.60 -6.98 16.11 38.47 172.10
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/1949
Fund without Sales Charge (%) (NAV) -29.05 -29.05 -20.82 -17.43 -7.23 55.55 171,895.95
Fund with Sales Charge (%) (POP) -32.96 -32.96 -25.18 -21.98 -12.35 46.96 162,387.67
S&P 500 Index (%) -19.60 -19.60 -6.98 16.11 38.47 172.10

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 03/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 16.63 14.50 13.19
Standard Deviation (S&P 500 Index) 15.00 13.54 13.24
Beta 1.05 1.01 0.95
Sharpe Ratio -0.47 -0.18 0.30
Information Ratio -2.13 -1.72 -1.46
Tracking Error 5.29 4.79 4.11

ADDITIONAL RISK STATISTICSAs of 03/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.91 0.80 0.83
Beta Bear 1.19 1.16 1.11
Bull Bear Capture Ratio 0.56 0.64 0.73
Gains/Losses 0.77 0.98 1.37

SALES CHARGE, EXPENSES & FEES As of 05/01/2019 (updated annually)

Gross Expense Ratio 1.02%
Net Expense Ratio [further-information] 1.02%
Max Initial Sales Charge 5.50%
CDSC 1.00%

Volatility Measures [further-information] As of 03/31/2020 Updated Monthly, based on a 3-year period

Beta 1.05
Sharpe Ratio -0.47
Standard Deviation 16.63

Benchmarks

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

  • S&P 500 Index