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) -21.45 -6.91 -2.24 3.75 9.58
Fund with Sales Charge (%) (POP) -22.18 -6.91 -2.24 3.75 9.58
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) -21.45 -6.91 -2.24 3.75 9.58
Fund with Sales Charge (%) (POP) -22.18 -6.91 -2.24 3.75 9.58
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 -22.77 -8.25 -3.72 2.82
Fund without Sales Charge (%) (NAV) After Shares Sold -11.18 -4.84 -1.46 3.12
Fund with Sales Charge (%) (POP) Before Shares Sold -23.50 -8.25 -3.72 2.82
Fund with Sales Charge (%) (POP) After Shares Sold -11.61 -4.84 -1.46 3.12
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -22.77 -8.25 -3.72 2.82
Fund without Sales Charge (%) (NAV) After Shares Sold -11.18 -4.84 -1.46 3.12
Fund with Sales Charge (%) (POP) Before Shares Sold -23.50 -8.25 -3.72 2.82
Fund with Sales Charge (%) (POP) After Shares Sold -11.61 -4.84 -1.46 3.12

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 21.93 -9.87 7.37 14.77 -4.79 6.56 26.82 13.97 -2.44 10.62
Fund with Sales Charge (%) (POP) 20.93 -10.72 6.37 13.77 -5.67 5.56 25.82 12.97 -3.40 9.62
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) -29.21 -29.21 -21.45 -19.32 -10.72 44.53 64,633.73
Fund with Sales Charge (%) (POP) -29.91 -29.91 -22.18 -19.32 -10.72 44.53 64,633.73
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) -29.21 -29.21 -21.45 -19.32 -10.72 44.53 64,633.73
Fund with Sales Charge (%) (POP) -29.91 -29.91 -22.18 -19.32 -10.72 44.53 64,633.73
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 -0.52 -0.23 0.24
Information Ratio -2.27 -1.87 -1.64
Tracking Error 5.29 4.79 4.12

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 0.53 0.61 0.70
Gains/Losses 0.74 0.94 1.31

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 03/31/2020 Updated Monthly, based on a 3-year period

Beta 1.05
Sharpe Ratio -0.52
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