Average Annual Total Returns [further-information] As of 02/29/2020

Month EndAs of 02/29/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 03/15/1988
Fund without Sales Charge (%) (NAV) 3.29 6.57 6.53 10.26 8.59
Fund with Sales Charge (%) (POP) 3.29 6.57 6.53 10.26 8.59
S&P 500 Index (%) 8.19 9.87 9.23 12.65 10.22
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 03/15/1988
Fund without Sales Charge (%) (NAV) 25.80 11.80 9.24 11.32 9.00
Fund with Sales Charge (%) (POP) 25.80 11.80 9.24 11.32 9.00
S&P 500 Index (%) 31.49 15.28 11.70 13.56 10.57

After-Tax Average Annual Total Returns [further-information] As of 02/29/2020

Month EndAs of 02/29/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.01 5.14 5.09 9.06
Fund without Sales Charge (%) (NAV) After Shares Sold 2.98 5.03 4.97 8.30
Fund with Sales Charge (%) (POP) Before Shares Sold 2.01 5.14 5.09 9.06
Fund with Sales Charge (%) (POP) After Shares Sold 2.98 5.03 4.97 8.30
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 24.25 10.30 7.75 10.11
Fund without Sales Charge (%) (NAV) After Shares Sold 16.31 9.04 7.05 9.14
Fund with Sales Charge (%) (POP) Before Shares Sold 24.25 10.30 7.75 10.11
Fund with Sales Charge (%) (POP) After Shares Sold 16.31 9.04 7.05 9.14

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 25.80 -4.46 16.26 12.03 -0.60 9.33 29.69 12.11 1.72 16.14
Fund with Sales Charge (%) (POP) 25.80 -4.46 16.26 12.03 -0.60 9.33 29.69 12.11 1.72 16.14
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 02/29/2020

Month EndAs of 02/29/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/15/1988
Fund without Sales Charge (%) (NAV) -7.47 -10.07 3.29 21.03 37.18 165.49 1,291.11
Fund with Sales Charge (%) (POP) -7.47 -10.07 3.29 21.03 37.18 165.49 1,291.11
S&P 500 Index (%) -5.50 -8.27 8.19 32.62 55.49 229.18 2,141.68
Quarter EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/15/1988
Fund without Sales Charge (%) (NAV) 6.94 25.80 25.80 39.73 55.59 192.20 1,446.96
Fund with Sales Charge (%) (POP) 6.94 25.80 25.80 39.73 55.59 192.20 1,446.96
S&P 500 Index (%) 9.07 31.49 31.49 53.17 73.86 256.66 2,343.73

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 02/29/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 11.71 11.01 11.73
Standard Deviation (S&P 500 Index) 12.98 12.26 12.65
Beta 0.88 0.88 0.91
Sharpe Ratio 0.42 0.49 0.82
Information Ratio -1.06 -0.97 -0.94
Tracking Error 3.12 2.80 2.54

SALES CHARGE, EXPENSES & FEES As of 03/01/2020 (updated annually)

Gross Expense Ratio 0.62%
Net Expense Ratio [further-information] 0.61%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 02/29/2020 Updated Monthly, based on a 3-year period

Beta 0.88
Sharpe Ratio 0.42
Standard Deviation 11.71

Benchmarks

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

  • S&P 500 Index