Average Annual Total Returns [further-information] As of 05/31/2020

Month EndAs of 05/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 03/31/1948
Fund without Sales Charge (%) (NAV) 18.26 13.09 11.40 13.28 9.42
Fund with Sales Charge (%) (POP) 18.26 13.09 11.40 13.28 9.42
S&P 500 Index (%) 12.84 10.23 9.86 13.15
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 03/31/1948
Fund without Sales Charge (%) (NAV) -4.06 7.59 7.48 10.37 9.15
Fund with Sales Charge (%) (POP) -4.06 7.59 7.48 10.37 9.15
S&P 500 Index (%) -6.98 5.10 6.72 10.53

After-Tax Average Annual Total Returns [further-information] As of 05/31/2020

Month EndAs of 05/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 16.74 12.28 10.56 12.83
Fund without Sales Charge (%) (NAV) After Shares Sold 11.79 10.16 8.92 11.09
Fund with Sales Charge (%) (POP) Before Shares Sold 16.74 12.28 10.56 12.83
Fund with Sales Charge (%) (POP) After Shares Sold 11.79 10.16 8.92 11.09
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -5.28 6.81 6.67 9.94
Fund without Sales Charge (%) (NAV) After Shares Sold -1.28 5.92 5.83 8.57
Fund with Sales Charge (%) (POP) Before Shares Sold -5.28 6.81 6.67 9.94
Fund with Sales Charge (%) (POP) After Shares Sold -1.28 5.92 5.83 8.57

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 05/31/2020

Month EndAs of 05/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/31/1948
Fund without Sales Charge (%) (NAV) 8.02 1.36 18.26 44.63 71.56 247.85 66,015.10
Fund with Sales Charge (%) (POP) 8.02 1.36 18.26 44.63 71.56 247.85 66,015.10
S&P 500 Index (%) 3.59 -4.97 12.84 33.95 60.05 244.08
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/31/1948
Fund without Sales Charge (%) (NAV) -16.22 -16.22 -4.06 24.53 43.43 168.25 54,550.02
Fund with Sales Charge (%) (POP) -16.22 -16.22 -4.06 24.53 43.43 168.25 54,550.02
S&P 500 Index (%) -19.60 -19.60 -6.98 16.11 38.47 172.10

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 17.06 14.89 13.50
Standard Deviation (S&P 500 Index) 16.71 14.63 13.36
Beta 1.00 1.00 0.98
Sharpe Ratio 0.71 0.75 1.00
Information Ratio 0.97 0.50 0.04
Tracking Error 3.05 2.98 3.01

ADDITIONAL RISK STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 1.10 1.01 1.02
Beta Bear 1.05 1.00 1.00
Bull Bear Capture Ratio 1.12 1.07 1.02
Gains/Losses 1.89 1.93 2.24

SALES CHARGE, EXPENSES & FEES As of 02/01/2020 (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 06/30/2020 Updated Monthly, based on a 3-year period

Beta 1.00
Sharpe Ratio 0.71
Standard Deviation 17.06

Benchmarks

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

  • S&P 500 Index