Average Annual Total Returns [further-information] As of 08/31/2019

Month EndAs of 08/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 03/31/1948
Fund without Sales Charge (%) (NAV) 4.08 14.53 11.20 13.47 9.37
Fund with Sales Charge (%) (POP) 4.08 14.53 11.20 13.47 9.37
S&P 500 Index (%) 2.92 12.71 10.12 13.45
Quarter EndAs of 06/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 03/31/1948
Fund without Sales Charge (%) (NAV) 12.31 16.61 11.82 14.82 9.40
Fund with Sales Charge (%) (POP) 12.31 16.61 11.82 14.82 9.40
S&P 500 Index (%) 10.42 14.20 10.71 14.70

After-Tax Average Annual Total Returns [further-information] As of 08/31/2019

Month EndAs of 08/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.78 13.88 10.65 13.16
Fund without Sales Charge (%) (NAV) After Shares Sold 2.59 11.28 8.80 11.28
Fund with Sales Charge (%) (POP) Before Shares Sold 3.78 13.88 10.65 13.16
Fund with Sales Charge (%) (POP) After Shares Sold 2.59 11.28 8.80 11.28
Quarter EndAs of 06/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 12.00 15.95 11.26 14.50
Fund without Sales Charge (%) (NAV) After Shares Sold 7.48 12.96 9.31 12.50
Fund with Sales Charge (%) (POP) Before Shares Sold 12.00 15.95 11.26 14.50
Fund with Sales Charge (%) (POP) After Shares Sold 7.48 12.96 9.31 12.50

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 08/31/2019

Month EndAs of 08/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/31/1948
Fund without Sales Charge (%) (NAV) 7.04 20.97 4.08 50.21 70.00 253.76 59,745.25
Fund with Sales Charge (%) (POP) 7.04 20.97 4.08 50.21 70.00 253.76 59,745.25
S&P 500 Index (%) 6.87 18.34 2.92 43.15 61.89 253.08
Quarter EndAs of 06/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/31/1948
Fund without Sales Charge (%) (NAV) 5.67 21.67 12.31 58.56 74.79 298.13 60,092.74
Fund with Sales Charge (%) (POP) 5.67 21.67 12.31 58.56 74.79 298.13 60,092.74
S&P 500 Index (%) 4.30 18.54 10.42 48.89 66.33 294.16

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 08/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 12.86 12.24 12.87
Standard Deviation (S&P 500 Index) 12.02 11.86 12.52
Beta 1.05 1.00 1.00
Sharpe Ratio 1.01 0.84 1.01
Information Ratio 0.68 0.39 0.01
Tracking Error 2.69 2.77 2.87

ADDITIONAL RISK STATISTICSAs of 08/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 1.06 0.98 1.01
Beta Bear 1.09 1.09 1.05
Bull Bear Capture Ratio 1.08 1.06 1.00
% of Positive Months 75.00 66.67 66.67
Gains/Losses 2.34 2.03 2.18
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 08/31/2019 Updated Monthly, based on a 3-year period

Beta 1.05
Sharpe Ratio 1.01
Standard Deviation 12.86

Benchmarks

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

  • S&P 500 Index