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 07/01/1949
Fund without Sales Charge (%) (NAV) 22.86 6.49 6.01 8.70 11.69
Fund with Sales Charge (%) (POP) 16.09 4.49 4.82 8.09 11.60
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 07/01/1949
Fund without Sales Charge (%) (NAV) 22.86 6.49 6.01 8.70 11.69
Fund with Sales Charge (%) (POP) 16.09 4.49 4.82 8.09 11.60
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 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 12/31/2019

Month EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/1949
Fund without Sales Charge (%) (NAV) 6.84 22.86 22.86 20.75 33.88 130.40 242,330.69
Fund with Sales Charge (%) (POP) 0.95 16.09 16.09 14.10 26.54 117.72 228,928.64
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 07/01/1949
Fund without Sales Charge (%) (NAV) 6.84 22.86 22.86 20.75 33.88 130.40 242,330.69
Fund with Sales Charge (%) (POP) 0.95 16.09 16.09 14.10 26.54 117.72 228,928.64
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) 11.08 11.03 11.24
Standard Deviation (S&P 500 Index) 11.93 11.88 12.40
Beta 0.87 0.88 0.87
Sharpe Ratio 0.44 0.45 0.73
Information Ratio -2.19 -1.45 -1.34
Tracking Error 4.02 3.93 3.62

ADDITIONAL RISK STATISTICSAs of 12/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.90 0.82 0.83
Beta Bear 0.75 0.83 0.87
Bull Bear Capture Ratio 0.64 0.74 0.80
% of Positive Months 63.89 63.33 65.00
Gains/Losses 1.61 1.55 1.79
Maximum Drawdown
12.72 13.25 17.81

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

Beta 0.87
Sharpe Ratio 0.44
Standard Deviation 11.08

Benchmarks

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

  • S&P 500 Index