Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 02/29/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 03/31/1948
Fund without Sales Charge (%) (NAV) 9.32 12.62 10.43 13.10 10.89
Fund with Sales Charge (%) (POP) 9.32 12.62 10.43 13.10 10.89
S&P 500 Index (%) 8.19 9.87 9.23 12.65
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 03/31/1948
Fund without Sales Charge (%) (NAV) 32.66 17.87 12.78 13.79 11.02
Fund with Sales Charge (%) (POP) 32.66 17.87 12.78 13.79 11.02
S&P 500 Index (%) 31.49 15.28 11.70 13.56

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011
Fund without Sales Charge (%) (NAV) 32.66 -3.06 27.36 8.86 2.36 15.36 29.97
Fund with Sales Charge (%) (POP) 32.66 -3.06 27.36 8.86 2.36 15.36 29.97
S&P 500 Index (%) 31.49 -4.38 21.83 11.96 1.38 13.69 32.39 16.00 2.11

Cumulative Total Returns [further-information] As of 12/31/2019

Month EndAs of 02/29/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/31/1948
Fund without Sales Charge (%) (NAV) -6.07 9.32 42.82 64.22 242.34 169,366.88
Fund with Sales Charge (%) (POP) -6.07 9.32 42.82 64.22 242.34 169,366.88
S&P 500 Index (%) -8.27 8.19 32.62 55.49 229.18
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/31/1948
Fund without Sales Charge (%) (NAV) 32.66 32.66 63.77 82.48 264.10 180,324.06
Fund with Sales Charge (%) (POP) 32.66 32.66 63.77 82.48 264.10 180,324.06
S&P 500 Index (%) 31.49 31.49 53.17 73.86 256.66

After-Tax Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 02/29/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 7.77 11.65 9.43 12.51
Fund without Sales Charge (%) (NAV) After Shares Sold 6.67 9.83 8.14 10.91
Fund with Sales Charge (%) (POP) Before Shares Sold 7.77 11.65 9.43 12.51
Fund with Sales Charge (%) (POP) After Shares Sold 6.67 9.83 8.14 10.91
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 30.78 16.86 11.76 13.20
Fund without Sales Charge (%) (NAV) After Shares Sold 20.59 14.01 10.03 11.51
Fund with Sales Charge (%) (POP) Before Shares Sold 30.78 16.86 11.76 13.20
Fund with Sales Charge (%) (POP) After Shares Sold 20.59 14.01 10.03 11.51

SALES CHARGE, EXPENSES & FEES As of 02/01/2020 (updated annually)

Gross Expense Ratio 0.49%
Net Expense Ratio [further-information] 0.49%
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 1.03
Sharpe Ratio 0.80
Standard Deviation 13.61

Benchmarks

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

  • S&P 500 Index