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 08/31/1948
Fund without Sales Charge (%) (NAV) 4.65 6.28 3.98 7.59 10.10
Fund with Sales Charge (%) (POP) 4.65 6.28 3.98 7.59 10.10
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 08/31/1948
Fund without Sales Charge (%) (NAV) 4.65 6.28 3.98 7.59 10.10
Fund with Sales Charge (%) (POP) 4.65 6.28 3.98 7.59 10.10
Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index (%) 7.94 8.15 7.53 9.91
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 2.42 4.16 1.92 5.44
Fund without Sales Charge (%) (NAV) After Shares Sold 2.76 4.00 2.23 5.19
Fund with Sales Charge (%) (POP) Before Shares Sold 2.42 4.16 1.92 5.44
Fund with Sales Charge (%) (POP) After Shares Sold 2.76 4.00 2.23 5.19
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.42 4.16 1.92 5.44
Fund without Sales Charge (%) (NAV) After Shares Sold 2.76 4.00 2.23 5.19
Fund with Sales Charge (%) (POP) Before Shares Sold 2.42 4.16 1.92 5.44
Fund with Sales Charge (%) (POP) After Shares Sold 2.76 4.00 2.23 5.19

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) -5.22 8.62 16.61 -7.75 3.86 14.50 14.48 2.51 13.15 35.43
Fund with Sales Charge (%) (POP) -5.22 8.62 16.61 -7.75 3.86 14.50 14.48 2.51 13.15 35.43
Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index (%) -1.61 12.18 12.88 -0.68 9.42 14.90 10.21 10.74 13.53 26.06
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 08/31/1948
Fund without Sales Charge (%) (NAV) 0.47 12.01 4.65 20.06 21.54 107.77 93,042.07
Fund with Sales Charge (%) (POP) 0.47 12.01 4.65 20.06 21.54 107.77 93,042.07
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/31/1948
Fund without Sales Charge (%) (NAV) 0.47 12.01 4.65 20.06 21.54 107.77 93,042.07
Fund with Sales Charge (%) (POP) 0.47 12.01 4.65 20.06 21.54 107.77 93,042.07
Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index (%) 2.61 13.48 7.94 26.49 43.79 157.25
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) 7.11 8.21 8.46
Standard Deviation (Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index) 6.06 6.29 6.53
Beta 1.08 1.19 1.19
Sharpe Ratio 0.73 0.39 0.84
Information Ratio -0.68 -0.87 -0.64
Tracking Error 2.85 3.56 3.61

SALES CHARGE, EXPENSES & FEES As of 02/01/2019 (updated annually)

Gross Expense Ratio 0.47%
Net Expense Ratio [further-information] 0.47%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 10/31/2019 Updated Monthly, based on a 3-year period

Beta 1.08
Sharpe Ratio 0.73
Standard Deviation 7.11

Benchmarks

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

  • Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index
  • S&P 500 Index