Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 07/01/1949
Fund without Sales Charge (%) (NAV) -0.07 5.31 4.14 7.71 10.09
Fund with Sales Charge (%) (POP) -1.02 5.31 4.14 7.71 10.09
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) -0.07 5.31 4.14 7.71 10.09
Fund with Sales Charge (%) (POP) -1.02 5.31 4.14 7.71 10.09
S&P 500 Index (%) 4.25 13.40 10.84 13.24

After-Tax Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -1.30 4.02 2.84 6.92
Fund without Sales Charge (%) (NAV) After Shares Sold 0.60 3.93 3.05 6.17
Fund with Sales Charge (%) (POP) Before Shares Sold -2.24 4.02 2.84 6.92
Fund with Sales Charge (%) (POP) After Shares Sold 0.04 3.93 3.05 6.17
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -1.30 4.02 2.84 6.92
Fund without Sales Charge (%) (NAV) After Shares Sold 0.60 3.93 3.05 6.17
Fund with Sales Charge (%) (POP) Before Shares Sold -2.24 4.02 2.84 6.92
Fund with Sales Charge (%) (POP) After Shares Sold 0.04 3.93 3.05 6.17

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) -9.87 7.37 14.77 -4.79 6.56 26.82 13.97 -2.44 10.62 26.92
Fund with Sales Charge (%) (POP) -10.72 6.37 13.77 -5.67 5.56 25.82 12.97 -3.40 9.62 25.92
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 09/30/2019

Month 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) 0.99 14.35 -0.07 16.77 22.51 110.19 85,659.32
Fund with Sales Charge (%) (POP) -0.01 13.35 -1.02 16.77 22.51 110.19 85,659.32
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) 0.99 14.35 -0.07 16.77 22.51 110.19 85,659.32
Fund with Sales Charge (%) (POP) -0.01 13.35 -1.02 16.77 22.51 110.19 85,659.32
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 10.93 11.23
Standard Deviation (S&P 500 Index) 11.90 11.82 12.46
Beta 0.88 0.87 0.86
Sharpe Ratio 0.37 0.29 0.65
Information Ratio -2.28 -1.68 -1.50
Tracking Error 4.06 3.92 3.87

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 0.86
Bull Bear Capture Ratio 0.62 0.68 0.76
% of Positive Months 63.89 61.67 65.00
Gains/Losses 1.53 1.39 1.71
Maximum Drawdown
13.33 13.77 18.02

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

Gross Expense Ratio 1.77%
Net Expense Ratio [further-information] 1.77%
Max Initial Sales Charge 0.00%
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 0.37
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