Average Annual Total Returns [further-information] As of 02/29/2020

Month EndAs of 02/29/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 03/15/1988
Fund without Sales Charge (%) (NAV) 2.84 6.06 6.03 9.72 8.10
Fund with Sales Charge (%) (POP) 2.84 6.06 6.03 9.72 8.10
S&P 500 Index (%) 8.19 9.87 9.23 12.65 10.22
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 03/15/1988
Fund without Sales Charge (%) (NAV) 25.22 11.29 8.72 10.77 8.51
Fund with Sales Charge (%) (POP) 25.22 11.29 8.72 10.77 8.51
S&P 500 Index (%) 31.49 15.28 11.70 13.56 10.57

After-Tax Average Annual Total Returns [further-information] As of 02/29/2020

Month EndAs of 02/29/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 1.68 4.76 4.71 8.64
Fund without Sales Charge (%) (NAV) After Shares Sold 2.62 4.64 4.59 7.86
Fund with Sales Charge (%) (POP) Before Shares Sold 1.68 4.76 4.71 8.64
Fund with Sales Charge (%) (POP) After Shares Sold 2.62 4.64 4.59 7.86
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 23.81 9.92 7.35 9.67
Fund without Sales Charge (%) (NAV) After Shares Sold 15.88 8.65 6.66 8.70
Fund with Sales Charge (%) (POP) Before Shares Sold 23.81 9.92 7.35 9.67
Fund with Sales Charge (%) (POP) After Shares Sold 15.88 8.65 6.66 8.70

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 25.22 -4.86 15.68 11.50 -1.15 8.80 29.02 11.57 1.20 15.48
Fund with Sales Charge (%) (POP) 25.22 -4.86 15.68 11.50 -1.15 8.80 29.02 11.57 1.20 15.48
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 02/29/2020

Month EndAs of 02/29/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/15/1988
Fund without Sales Charge (%) (NAV) -7.60 -10.16 2.84 19.32 33.98 152.77 1,104.49
Fund with Sales Charge (%) (POP) -7.60 -10.16 2.84 19.32 33.98 152.77 1,104.49
S&P 500 Index (%) -5.50 -8.27 8.19 32.62 55.49 229.18 2,141.68
Quarter EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/15/1988
Fund without Sales Charge (%) (NAV) 6.81 25.22 25.22 37.83 51.91 178.03 1,240.66
Fund with Sales Charge (%) (POP) 6.81 25.22 25.22 37.83 51.91 178.03 1,240.66
S&P 500 Index (%) 9.07 31.49 31.49 53.17 73.86 256.66 2,343.73

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 02/29/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 11.70 11.00 11.71
Standard Deviation (S&P 500 Index) 12.98 12.26 12.65
Beta 0.88 0.88 0.91
Sharpe Ratio 0.37 0.45 0.78
Information Ratio -1.22 -1.15 -1.16
Tracking Error 3.12 2.79 2.54

SALES CHARGE, EXPENSES & FEES As of 03/01/2020 (updated annually)

Gross Expense Ratio 1.12%
Net Expense Ratio [further-information] 1.11%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 02/29/2020 Updated Monthly, based on a 3-year period

Beta 0.88
Sharpe Ratio 0.37
Standard Deviation 11.70

Benchmarks

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

  • S&P 500 Index