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 03/31/1948
Fund without Sales Charge (%) (NAV) 14.99 16.12 11.21 13.40 9.37
Fund with Sales Charge (%) (POP) 14.99 16.12 11.21 13.40 9.37
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 03/31/1948
Fund without Sales Charge (%) (NAV) 3.54 14.63 11.67 13.02 9.37
Fund with Sales Charge (%) (POP) 3.54 14.63 11.67 13.02 9.37
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 14.67 15.46 10.66 13.09
Fund without Sales Charge (%) (NAV) After Shares Sold 9.06 12.55 8.80 11.22
Fund with Sales Charge (%) (POP) Before Shares Sold 14.67 15.46 10.66 13.09
Fund with Sales Charge (%) (POP) After Shares Sold 9.06 12.55 8.80 11.22
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.25 13.99 11.12 12.71
Fund without Sales Charge (%) (NAV) After Shares Sold 2.27 11.37 9.19 10.88
Fund with Sales Charge (%) (POP) Before Shares Sold 3.25 13.99 11.12 12.71
Fund with Sales Charge (%) (POP) After Shares Sold 2.27 11.37 9.19 10.88

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) -3.63 26.50 8.15 1.68 14.58 29.08 13.39 0.38 14.59 33.88
Fund with Sales Charge (%) (POP) -3.63 26.50 8.15 1.68 14.58 29.08 13.39 0.38 14.59 33.88
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 03/31/1948
Fund without Sales Charge (%) (NAV) 0.70 23.37 14.99 56.56 70.09 251.74 60,931.12
Fund with Sales Charge (%) (POP) 0.70 23.37 14.99 56.56 70.09 251.74 60,931.12
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 03/31/1948
Fund without Sales Charge (%) (NAV) 0.33 22.08 3.54 50.64 73.69 240.01 60,291.30
Fund with Sales Charge (%) (POP) 0.33 22.08 3.54 50.64 73.69 240.01 60,291.30
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) 12.64 12.16 12.77
Standard Deviation (S&P 500 Index) 11.90 11.82 12.46
Beta 1.04 1.00 1.00
Sharpe Ratio 1.15 0.84 1.01
Information Ratio 0.44 0.15 -0.10
Tracking Error 2.77 2.84 2.88

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

3 YR 5 YR 10 YR
Beta Bull 1.08 0.98 1.01
Beta Bear 1.18 1.09 1.05
Bull Bear Capture Ratio 1.05 1.03 0.99
% of Positive Months 77.78 68.33 67.50
Gains/Losses 2.60 2.05 2.19
Maximum Drawdown
15.18 15.18 16.07

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

Gross Expense Ratio 1.09%
Net Expense Ratio [further-information] 1.09%
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 1.04
Sharpe Ratio 1.15
Standard Deviation 12.64

Benchmarks

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

  • S&P 500 Index