Average Annual Total Returns [further-information] As of 05/31/2020

Month EndAs of 05/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/01/1949
Fund without Sales Charge (%) (NAV) -9.84 -2.94 0.24 6.27 11.25
Fund with Sales Charge (%) (POP) -14.81 -4.76 -0.89 5.67 11.16
S&P 500 Index (%) 12.84 10.23 9.86 13.15
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 05/31/2020

Month EndAs of 05/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -11.51 -4.57 -1.48 5.14
Fund without Sales Charge (%) (NAV) After Shares Sold -4.20 -2.03 0.26 5.08
Fund with Sales Charge (%) (POP) Before Shares Sold -16.39 -6.35 -2.59 4.55
Fund with Sales Charge (%) (POP) After Shares Sold -7.23 -3.39 -0.60 4.59
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 05/31/2020

Month EndAs of 05/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/1949
Fund without Sales Charge (%) (NAV) -9.41 -20.87 -9.84 -8.57 1.20 83.76 191,727.95
Fund with Sales Charge (%) (POP) -14.40 -25.23 -14.81 -13.60 -4.35 73.66 181,123.33
S&P 500 Index (%) 3.59 -4.97 12.84 33.95 60.05 244.08
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 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 17.52 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 -0.28 -0.03 0.46
Information Ratio -2.51 -1.99 -1.73
Tracking Error 5.56 5.03 4.22

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 0.54 0.61 0.70
Gains/Losses 0.92 1.11 1.55

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

Gross Expense Ratio 1.04%
Net Expense Ratio [further-information] 1.04%
Max Initial Sales Charge 5.50%
CDSC 1.00%

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

Beta 0.99
Sharpe Ratio -0.28
Standard Deviation 17.52

Benchmarks

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

  • S&P 500 Index