Average Annual Total Returns [further-information] As of 03/31/2020

Month 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
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 03/31/2020

Month 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
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 03/31/2020

Month 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
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 03/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 15.15 13.59 13.26
Standard Deviation (S&P 500 Index) 15.00 13.54 13.24
Beta 0.99 0.98 0.98
Sharpe Ratio 0.39 0.47 0.74
Information Ratio 0.85 0.26 -0.05
Tracking Error 2.91 2.92 2.94

ADDITIONAL RISK STATISTICSAs of 03/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 1.11 0.99 1.00
Beta Bear 1.05 1.01 1.00
Bull Bear Capture Ratio 1.11 1.04 1.00
% of Positive Months 72.22 70.00 66.67
Gains/Losses 1.53 1.58 1.85
Maximum Drawdown
17.68 17.68 17.68

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 03/31/2020 Updated Monthly, based on a 3-year period

Beta 0.99
Sharpe Ratio 0.39
Standard Deviation 15.15

Benchmarks

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

  • S&P 500 Index