Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/01/1949
Fund without Sales Charge (%) (NAV) -14.69 -3.44 0.46 6.45 10.69
Fund with Sales Charge (%) (POP) -14.69 -3.44 0.46 6.45 10.69
S&P 500 Index (%) 7.51 10.73 10.72 13.99
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/01/1949
Fund without Sales Charge (%) (NAV) -14.69 -3.44 0.46 6.45 10.69
Fund with Sales Charge (%) (POP) -14.69 -3.44 0.46 6.45 10.69
S&P 500 Index (%) 7.51 10.73 10.72 13.99

After-Tax Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -16.21 -5.00 -1.19 5.37
Fund without Sales Charge (%) (NAV) After Shares Sold -7.21 -2.41 0.43 5.23
Fund with Sales Charge (%) (POP) Before Shares Sold -16.21 -5.00 -1.19 5.37
Fund with Sales Charge (%) (POP) After Shares Sold -7.21 -2.41 0.43 5.23
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -16.21 -5.00 -1.19 5.37
Fund without Sales Charge (%) (NAV) After Shares Sold -7.21 -2.41 0.43 5.23
Fund with Sales Charge (%) (POP) Before Shares Sold -16.21 -5.00 -1.19 5.37
Fund with Sales Charge (%) (POP) After Shares Sold -7.21 -2.41 0.43 5.23

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 22.55 -9.41 7.96 15.31 -4.32 7.10 27.47 14.52 -1.94 11.18
Fund with Sales Charge (%) (POP) 22.55 -9.41 7.96 15.31 -4.32 7.10 27.47 14.52 -1.94 11.18
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 06/30/2020

Month EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/1949
Fund without Sales Charge (%) (NAV) 11.47 -20.98 -14.69 -9.98 2.35 86.87 135,414.86
Fund with Sales Charge (%) (POP) 11.47 -20.98 -14.69 -9.98 2.35 86.87 135,414.86
S&P 500 Index (%) 20.54 -3.08 7.51 35.77 66.45 270.31
Quarter EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/1949
Fund without Sales Charge (%) (NAV) 11.47 -20.98 -14.69 -9.98 2.35 86.87 135,414.86
Fund with Sales Charge (%) (POP) 11.47 -20.98 -14.69 -9.98 2.35 86.87 135,414.86
S&P 500 Index (%) 20.54 -3.08 7.51 35.77 66.45 270.31

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 17.53 15.03 13.22
Standard Deviation (S&P 500 Index) 16.71 14.63 13.36
Beta 0.99 0.97 0.94
Sharpe Ratio -0.29 -0.04 0.44
Information Ratio -2.55 -2.04 -1.79
Tracking Error 5.55 5.03 4.22

ADDITIONAL RISK STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.81 0.76 0.80
Beta Bear 1.19 1.16 1.15
Bull Bear Capture Ratio 0.53 0.60 0.69
Gains/Losses 0.91 1.10 1.54

SALES CHARGE, EXPENSES & FEES As of 05/01/2020 (updated annually)

Gross Expense Ratio 1.29%
Net Expense Ratio [further-information] 1.29%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 06/30/2020 Updated Monthly, based on a 3-year period

Beta 0.99
Sharpe Ratio -0.29
Standard Deviation 17.53

Benchmarks

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

  • S&P 500 Index