Average Annual Total Returns [further-information] As of 03/31/2021

Performance data quoted represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or a loss when you sell your shares.
Month EndAs of 03/31/2021 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 03/31/1948
Fund without Sales Charge (%) (NAV) 58.45 18.33 18.17 14.21 9.71
Fund with Sales Charge (%) (POP) 58.45 18.33 18.17 14.21 9.71
S&P 500 Index (%) 56.35 16.77 16.30 13.91
Quarter EndAs of 03/31/2021 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 03/31/1948
Fund without Sales Charge (%) (NAV) 58.45 18.33 18.17 14.21 9.71
Fund with Sales Charge (%) (POP) 58.45 18.33 18.17 14.21 9.71
S&P 500 Index (%) 56.35 16.77 16.30 13.91

After-Tax Average Annual Total Returns [further-information] As of 03/31/2021

Month EndAs of 03/31/2021 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 55.60 17.00 17.04 13.56
Fund without Sales Charge (%) (NAV) After Shares Sold 36.44 14.29 14.54 11.85
Fund with Sales Charge (%) (POP) Before Shares Sold 55.60 17.00 17.04 13.56
Fund with Sales Charge (%) (POP) After Shares Sold 36.44 14.29 14.54 11.85
Quarter EndAs of 03/31/2021 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 55.60 17.00 17.04 13.56
Fund without Sales Charge (%) (NAV) After Shares Sold 36.44 14.29 14.54 11.85
Fund with Sales Charge (%) (POP) Before Shares Sold 55.60 17.00 17.04 13.56
Fund with Sales Charge (%) (POP) After Shares Sold 36.44 14.29 14.54 11.85

Calendar Year Returns

Performance data quoted represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or a loss when you sell your shares.
2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Fund without Sales Charge (%) (NAV) 30.31 31.85 -3.63 26.50 8.15 1.68 14.58 29.08 13.39 0.38
Fund with Sales Charge (%) (POP) 30.31 31.85 -3.63 26.50 8.15 1.68 14.58 29.08 13.39 0.38
S&P 500 Index (%) 18.40 31.49 -4.38 21.83 11.96 1.38 13.69 32.39 16.00 2.11

Cumulative Total Returns [further-information] As of 03/31/2021

Performance data quoted represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or a loss when you sell your shares.
Month EndAs of 03/31/2021 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/31/1948
Fund without Sales Charge (%) (NAV) 1.87 1.87 58.45 65.68 130.43 277.61 86,490.55
Fund with Sales Charge (%) (POP) 1.87 1.87 58.45 65.68 130.43 277.61 86,490.55
S&P 500 Index (%) 6.17 6.17 56.35 59.25 112.71 267.88
Quarter EndAs of 03/31/2021 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/31/1948
Fund without Sales Charge (%) (NAV) 1.87 1.87 58.45 65.68 130.43 277.61 86,490.55
Fund with Sales Charge (%) (POP) 1.87 1.87 58.45 65.68 130.43 277.61 86,490.55
S&P 500 Index (%) 6.17 6.17 56.35 59.25 112.71 267.88

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 03/31/2021 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 18.45 15.05 13.55
Standard Deviation (S&P 500 Index) 18.14 14.76 13.52
Beta 1.00 1.00 0.98
Sharpe Ratio 0.92 1.13 1.01
Information Ratio 0.44 0.60 0.10
Tracking Error 3.50 3.13 3.04

ADDITIONAL RISK STATISTICSAs of 03/31/2021 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 1.07 1.05 1.01
Beta Bear 1.00 0.99 0.99
Bull Bear Capture Ratio 1.05 1.09 1.03
Gains/Losses 2.10 2.52 2.24

SALES CHARGE, EXPENSES & FEES As of 02/01/2021 (updated annually)

Gross Expense Ratio 1.08%
Net Expense Ratio [further-information] 1.07%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 03/31/2021 Updated Monthly, based on a 3-year period

Beta 1.00
Sharpe Ratio 0.92
Standard Deviation 18.45

Benchmarks

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

  • S&P 500 Index