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 07/01/1949
Fund without Sales Charge (%) (NAV) 7.17 6.20 4.71 8.42 11.07
Fund with Sales Charge (%) (POP) 7.17 6.20 4.71 8.42 11.07
S&P 500 Index (%) 14.33 14.92 10.78 13.70
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 07/01/1949
Fund without Sales Charge (%) (NAV) 0.44 5.84 4.67 8.25 11.08
Fund with Sales Charge (%) (POP) 0.44 5.84 4.67 8.25 11.08
S&P 500 Index (%) 4.25 13.40 10.84 13.24

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 4.77 4.47 3.09 7.42
Fund without Sales Charge (%) (NAV) After Shares Sold 5.59 4.63 3.46 6.75
Fund with Sales Charge (%) (POP) Before Shares Sold 4.77 4.47 3.09 7.42
Fund with Sales Charge (%) (POP) After Shares Sold 5.59 4.63 3.46 6.75
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -1.10 4.37 3.20 7.34
Fund without Sales Charge (%) (NAV) After Shares Sold 1.06 4.36 3.43 6.61
Fund with Sales Charge (%) (POP) Before Shares Sold -1.10 4.37 3.20 7.34
Fund with Sales Charge (%) (POP) After Shares Sold 1.06 4.36 3.43 6.61

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) -9.41 7.96 15.31 -4.32 7.10 27.47 14.52 -1.94 11.18 27.51
Fund with Sales Charge (%) (POP) -9.41 7.96 15.31 -4.32 7.10 27.47 14.52 -1.94 11.18 27.51
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 07/01/1949
Fund without Sales Charge (%) (NAV) 0.84 15.22 7.17 19.78 25.85 124.38 161,138.94
Fund with Sales Charge (%) (POP) 0.84 15.22 7.17 19.78 25.85 124.38 161,138.94
S&P 500 Index (%) 2.43 23.16 14.33 51.73 66.81 260.96
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/1949
Fund without Sales Charge (%) (NAV) 1.11 14.76 0.44 18.57 25.61 121.04 160,499.93
Fund with Sales Charge (%) (POP) 1.11 14.76 0.44 18.57 25.61 121.04 160,499.93
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) 11.08 10.93 11.23
Standard Deviation (S&P 500 Index) 11.90 11.82 12.46
Beta 0.88 0.87 0.86
Sharpe Ratio 0.42 0.34 0.70
Information Ratio -2.15 -1.55 -1.36
Tracking Error 4.06 3.92 3.87

ADDITIONAL RISK STATISTICSAs of 10/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.90 0.82 0.80
Beta Bear 0.75 0.83 0.87
Bull Bear Capture Ratio 0.64 0.71 0.78
% of Positive Months 63.89 61.67 65.00
Gains/Losses 1.59 1.43 1.76
Maximum Drawdown
12.93 13.45 17.88

SALES CHARGE, EXPENSES & FEES As of 05/01/2019 (updated annually)

Gross Expense Ratio 1.27%
Net Expense Ratio [further-information] 1.27%
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 0.88
Sharpe Ratio 0.42
Standard Deviation 11.08

Benchmarks

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

  • S&P 500 Index