Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 03/31/1948
Fund without Sales Charge (%) (NAV) 31.85 17.14 12.07 13.05 9.45
Fund with Sales Charge (%) (POP) 31.85 17.14 12.07 13.05 9.45
S&P 500 Index (%) 31.49 15.28 11.70 13.56
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 03/31/1948
Fund without Sales Charge (%) (NAV) 31.85 17.14 12.07 13.05 9.45
Fund with Sales Charge (%) (POP) 31.85 17.14 12.07 13.05 9.45
S&P 500 Index (%) 31.49 15.28 11.70 13.56

After-Tax Average Annual Total Returns [further-information] As of 12/31/2019

No chart available for this data.
Month EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold
Fund without Sales Charge (%) (NAV) After Shares Sold
Fund with Sales Charge (%) (POP) Before Shares Sold
Fund with Sales Charge (%) (POP) After Shares Sold
No chart available for this data.
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold
Fund without Sales Charge (%) (NAV) After Shares Sold
Fund with Sales Charge (%) (POP) Before Shares Sold
Fund with Sales Charge (%) (POP) After Shares Sold

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 31.85 -3.63 26.50 8.15 1.68 14.58 29.08 13.39 0.38 14.59
Fund with Sales Charge (%) (POP) 31.85 -3.63 26.50 8.15 1.68 14.58 29.08 13.39 0.38 14.59
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 12/31/2019

Month EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/31/1948
Fund without Sales Charge (%) (NAV) 8.01 31.85 31.85 60.75 76.77 240.99 65,129.14
Fund with Sales Charge (%) (POP) 8.01 31.85 31.85 60.75 76.77 240.99 65,129.14
S&P 500 Index (%) 9.07 31.49 31.49 53.17 73.86 256.66
Quarter EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/31/1948
Fund without Sales Charge (%) (NAV) 8.01 31.85 31.85 60.75 76.77 240.99 65,129.14
Fund with Sales Charge (%) (POP) 8.01 31.85 31.85 60.75 76.77 240.99 65,129.14
S&P 500 Index (%) 9.07 31.49 31.49 53.17 73.86 256.66

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 12/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 12.73 12.19 12.67
Standard Deviation (S&P 500 Index) 11.93 11.88 12.40
Beta 1.04 1.00 1.00
Sharpe Ratio 1.22 0.90 0.99
Information Ratio 0.69 0.13 -0.18
Tracking Error 2.70 2.84 2.85

ADDITIONAL RISK STATISTICSAs of 12/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 1.09 0.98 1.01
Beta Bear 1.18 1.12 1.05
Bull Bear Capture Ratio 1.08 1.03 0.98
% of Positive Months 77.78 70.00 67.50
Gains/Losses 2.69 2.13 2.16
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 12/31/2019 Updated Monthly, based on a 3-year period

Beta 1.04
Sharpe Ratio 1.22
Standard Deviation 12.73

Benchmarks

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

  • S&P 500 Index