Average Annual Total Returns [further-information] As of 10/31/2019

Month EndAs of 10/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 03/15/1988
Fund without Sales Charge (%) (NAV) 12.50 11.35 8.04 10.96 8.37
Fund with Sales Charge (%) (POP) 12.50 11.35 8.04 10.96 8.37
S&P 500 Index (%) 14.33 14.92 10.78 13.70 10.41
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 03/15/1988
Fund without Sales Charge (%) (NAV) 6.21 10.42 8.01 10.79 8.35
Fund with Sales Charge (%) (POP) 6.21 10.42 8.01 10.79 8.35
S&P 500 Index (%) 4.25 13.40 10.84 13.24 10.36

After-Tax Average Annual Total Returns [further-information] As of 10/31/2019

Month EndAs of 10/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 10.55 9.80 6.49 9.92
Fund without Sales Charge (%) (NAV) After Shares Sold 8.05 8.56 5.99 8.86
Fund with Sales Charge (%) (POP) Before Shares Sold 10.55 9.80 6.49 9.92
Fund with Sales Charge (%) (POP) After Shares Sold 8.05 8.56 5.99 8.86
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.37 8.88 6.45 9.74
Fund without Sales Charge (%) (NAV) After Shares Sold 4.31 7.83 5.97 8.72
Fund with Sales Charge (%) (POP) Before Shares Sold 4.37 8.88 6.45 9.74
Fund with Sales Charge (%) (POP) After Shares Sold 4.31 7.83 5.97 8.72

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) -4.86 15.68 11.50 -1.15 8.80 29.02 11.57 1.20 15.48 26.22
Fund with Sales Charge (%) (POP) -4.86 15.68 11.50 -1.15 8.80 29.02 11.57 1.20 15.48 26.22
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 10/31/2019

Month EndAs of 10/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/15/1988
Fund without Sales Charge (%) (NAV) 2.51 18.64 12.50 38.07 47.20 182.96 1,170.19
Fund with Sales Charge (%) (POP) 2.51 18.64 12.50 38.07 47.20 182.96 1,170.19
S&P 500 Index (%) 2.43 23.16 14.33 51.73 66.81 260.96 2,189.04
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/15/1988
Fund without Sales Charge (%) (NAV) 2.30 17.24 6.21 34.64 46.97 178.64 1,155.18
Fund with Sales Charge (%) (POP) 2.30 17.24 6.21 34.64 46.97 178.64 1,155.18
S&P 500 Index (%) 1.70 20.55 4.25 45.80 67.27 246.74 2,140.52

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

3 YR 5 YR 10 YR
Standard Deviation (Fund) 10.22 10.35 11.38
Standard Deviation (S&P 500 Index) 11.90 11.82 12.46
Beta 0.83 0.86 0.90
Sharpe Ratio 0.96 0.68 0.92
Information Ratio -1.15 -1.00 -1.08
Tracking Error 3.11 2.75 2.54

SALES CHARGE, EXPENSES & FEES As of 03/01/2019 (updated annually)

Gross Expense Ratio 1.10%
Net Expense Ratio [further-information] 1.09%
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 0.83
Sharpe Ratio 0.96
Standard Deviation 10.22

Benchmarks

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

  • S&P 500 Index