Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 08/31/1948
Fund without Sales Charge (%) (NAV) 4.20 5.83 3.51 7.12 8.68
Fund with Sales Charge (%) (POP) 4.20 5.83 3.51 7.12 8.68
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 08/31/1948
Fund without Sales Charge (%) (NAV) 4.20 5.83 3.51 7.12 8.68
Fund with Sales Charge (%) (POP) 4.20 5.83 3.51 7.12 8.68
Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index (%) 7.94 8.15 7.53 9.91
S&P 500 Index (%) 4.25 13.40 10.84 13.24

After-Tax Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.15 3.88 1.62 5.14
Fund without Sales Charge (%) (NAV) After Shares Sold 2.49 3.71 1.94 4.88
Fund with Sales Charge (%) (POP) Before Shares Sold 2.15 3.88 1.62 5.14
Fund with Sales Charge (%) (POP) After Shares Sold 2.49 3.71 1.94 4.88
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.15 3.88 1.62 5.14
Fund without Sales Charge (%) (NAV) After Shares Sold 2.49 3.71 1.94 4.88
Fund with Sales Charge (%) (POP) Before Shares Sold 2.15 3.88 1.62 5.14
Fund with Sales Charge (%) (POP) After Shares Sold 2.49 3.71 1.94 4.88

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) -5.74 8.18 16.20 -8.28 3.37 14.05 13.50 2.01 12.66 35.00
Fund with Sales Charge (%) (POP) -5.74 8.18 16.20 -8.28 3.37 14.05 13.50 2.01 12.66 35.00
Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index (%) -1.61 12.18 12.88 -0.68 9.42 14.90 10.21 10.74 13.53 26.06
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 09/30/2019

Month EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/31/1948
Fund without Sales Charge (%) (NAV) 0.36 11.73 4.20 18.53 18.81 98.89 36,911.99
Fund with Sales Charge (%) (POP) 0.36 11.73 4.20 18.53 18.81 98.89 36,911.99
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/31/1948
Fund without Sales Charge (%) (NAV) 0.36 11.73 4.20 18.53 18.81 98.89 36,911.99
Fund with Sales Charge (%) (POP) 0.36 11.73 4.20 18.53 18.81 98.89 36,911.99
Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index (%) 2.61 13.48 7.94 26.49 43.79 157.25
S&P 500 Index (%) 1.70 20.55 4.25 45.80 67.27 246.74

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 10/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 6.94 8.14 8.49
Standard Deviation (Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index) 6.06 6.29 6.53
Beta 1.05 1.18 1.20
Sharpe Ratio 0.66 0.32 0.78
Information Ratio -0.92 -1.04 -0.80
Tracking Error 2.78 3.51 3.56

SALES CHARGE, EXPENSES & FEES As of 02/01/2019 (updated annually)

Gross Expense Ratio 0.97%
Net Expense Ratio [further-information] 0.97%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 10/31/2019 Updated Monthly, based on a 3-year period

Beta 1.05
Sharpe Ratio 0.66
Standard Deviation 6.94

Benchmarks

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

  • Blended 50% MSCI USA High Dividend Yield Index + 25% Bloomberg Barclays High Yield Very Liquid Index + 25% Bloomberg Barclays US Aggregate Index
  • S&P 500 Index