Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 05/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 03/15/1988
Fund without Sales Charge (%) (NAV) 2.71 5.88 6.44 10.43 8.77
Fund with Sales Charge (%) (POP) 2.71 5.88 6.44 10.43 8.77
Russell 1000 Value Index (%) -1.64 2.60 4.36 9.84 9.62
S&P 500 Index (%) 12.84 10.23 9.86 13.15 10.26
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 03/15/1988
Fund without Sales Charge (%) (NAV) -11.95 1.51 3.85 8.21 8.35
Fund with Sales Charge (%) (POP) -11.95 1.51 3.85 8.21 8.35
Russell 1000 Value Index (%) -17.17 -2.18 1.90 7.67 9.20
S&P 500 Index (%) -6.98 5.10 6.72 10.53 9.74

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013
Fund without Sales Charge (%) (NAV) 25.85 -4.33 16.41 12.20 -0.53 9.50 29.84
Fund with Sales Charge (%) (POP) 25.85 -4.33 16.41 12.20 -0.53 9.50 29.84
Russell 1000 Value Index (%) 26.54 -8.27 13.66 17.34 -3.83 13.45 32.53
S&P 500 Index (%) 31.49 -4.38 21.83 11.96 1.38 13.69 32.39

Cumulative Total Returns [further-information] As of 03/31/2020

Month EndAs of 05/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/15/1988
Fund without Sales Charge (%) (NAV) -11.30 2.71 18.71 36.61 169.76 1,399.79
Fund with Sales Charge (%) (POP) -11.30 2.71 18.71 36.61 169.76 1,399.79
Russell 1000 Value Index (%) -15.70 -1.64 8.02 23.77 155.77 1,829.56
S&P 500 Index (%) -4.97 12.84 33.95 60.05 244.08 2,222.26
Quarter EndAs of 03/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/15/1988
Fund without Sales Charge (%) (NAV) -22.64 -11.95 4.59 20.80 120.21 1,208.01
Fund with Sales Charge (%) (POP) -22.64 -11.95 4.59 20.80 120.21 1,208.01
Russell 1000 Value Index (%) -26.73 -17.17 -6.39 9.89 109.31 1,577.09
S&P 500 Index (%) -19.60 -6.98 16.11 38.47 172.10 1,864.81

After-Tax Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 05/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 1.15 4.35 4.92 9.17
Fund without Sales Charge (%) (NAV) After Shares Sold 2.53 4.46 4.87 8.42
Fund with Sales Charge (%) (POP) Before Shares Sold 1.15 4.35 4.92 9.17
Fund with Sales Charge (%) (POP) After Shares Sold 2.53 4.46 4.87 8.42
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -13.28 0.04 2.35 6.97
Fund without Sales Charge (%) (NAV) After Shares Sold -6.05 1.26 2.99 6.61
Fund with Sales Charge (%) (POP) Before Shares Sold -13.28 0.04 2.35 6.97
Fund with Sales Charge (%) (POP) After Shares Sold -6.05 1.26 2.99 6.61

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

Gross Expense Ratio 0.54%
Net Expense Ratio [further-information] 0.52%
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 0.87
Sharpe Ratio 0.24
Standard Deviation 15.68

Benchmarks

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

  • Russell 1000 Value Index
  • S&P 500 Index