Average Annual Total Returns [further-information] As of 10/31/2019

Month EndAs of 10/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 07/01/1949
Fund without Sales Charge (%) (NAV) 7.46 6.48 4.96 8.66 11.62
Fund with Sales Charge (%) (POP) 1.55 4.48 3.78 8.04 11.53
S&P 500 Index (%) 14.33 14.92 10.78 13.70
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 07/01/1949
Fund without Sales Charge (%) (NAV) 0.72 6.11 4.92 8.50 11.63
Fund with Sales Charge (%) (POP) -4.82 4.12 3.74 7.88 11.54
S&P 500 Index (%) 4.25 13.40 10.84 13.24

After-Tax Average Annual Total Returns [further-information] As of 10/31/2019

Month EndAs of 10/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.97 4.67 3.29 7.61
Fund without Sales Charge (%) (NAV) After Shares Sold 5.81 4.84 3.65 6.95
Fund with Sales Charge (%) (POP) Before Shares Sold -0.81 2.71 2.13 7.00
Fund with Sales Charge (%) (POP) After Shares Sold 2.23 3.28 2.72 6.41
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -0.91 4.56 3.40 7.53
Fund without Sales Charge (%) (NAV) After Shares Sold 1.27 4.55 3.63 6.81
Fund with Sales Charge (%) (POP) Before Shares Sold -6.36 2.61 2.24 6.92
Fund with Sales Charge (%) (POP) After Shares Sold -2.05 3.01 2.70 6.28

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) -9.18 8.21 15.61 -4.10 7.30 27.74 14.75 -1.79 11.41 27.84
Fund with Sales Charge (%) (POP) -14.17 1.97 8.98 -9.62 1.11 20.40 8.14 -7.44 5.02 20.48
S&P 500 Index (%) -4.38 21.83 11.96 1.38 13.69 32.39 16.00 2.11 15.06 26.46

Cumulative Total Returns [further-information] As of 10/31/2019

Month EndAs of 10/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/1949
Fund without Sales Charge (%) (NAV) 0.91 15.46 7.46 20.72 27.41 129.40 227,712.63
Fund with Sales Charge (%) (POP) -4.65 9.09 1.55 14.06 20.41 116.73 215,118.70
S&P 500 Index (%) 2.43 23.16 14.33 51.73 66.81 260.96
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/1949
Fund without Sales Charge (%) (NAV) 1.21 15.00 0.72 19.46 27.16 126.00 226,813.25
Fund with Sales Charge (%) (POP) -4.37 8.66 -4.82 12.88 20.17 113.54 214,269.04
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) 11.09 10.94 11.24
Standard Deviation (S&P 500 Index) 11.90 11.82 12.46
Beta 0.88 0.87 0.86
Sharpe Ratio 0.44 0.36 0.72
Information Ratio -2.07 -1.48 -1.30
Tracking Error 4.08 3.92 3.86

ADDITIONAL RISK STATISTICSAs of 10/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.90 0.82 0.80
Beta Bear 0.75 0.83 0.87
Bull Bear Capture Ratio 0.65 0.72 0.79
% of Positive Months 63.89 61.67 65.00
Gains/Losses 1.61 1.46 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 10/31/2019 Updated Monthly, based on a 3-year period

Beta 0.88
Sharpe Ratio 0.44
Standard Deviation 11.09

Benchmarks

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

  • S&P 500 Index