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

Month EndAs of 07/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 03/15/1988
Fund without Sales Charge (%) (NAV) 0.27 6.26 7.41 10.36 8.57
Fund with Sales Charge (%) (POP) 0.27 6.26 7.41 10.36 8.57
Russell 1000 Value Index (%) -6.01 2.69 5.36 10.11 9.68
S&P 500 Index (%) 11.96 12.01 11.48 13.84 10.46
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 03/15/1988
Fund without Sales Charge (%) (NAV) -3.27 5.34 6.69 10.68 8.43
Fund with Sales Charge (%) (POP) -3.27 5.34 6.69 10.68 8.43
Russell 1000 Value Index (%) -8.84 1.82 4.64 10.41 9.58
S&P 500 Index (%) 7.51 10.73 10.72 13.99 10.30

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 25.80 -4.46 16.26 12.03 -0.60 9.33 29.69 12.11 1.72 16.14
Fund with Sales Charge (%) (POP) 25.80 -4.46 16.26 12.03 -0.60 9.33 29.69 12.11 1.72 16.14
Russell 1000 Value Index (%) 26.54 -8.27 13.66 17.34 -3.83 13.45 32.53 17.51 0.39 15.51
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 07/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/15/1988
Fund without Sales Charge (%) (NAV) -7.48 0.27 19.98 42.99 167.92 1,331.24
Fund with Sales Charge (%) (POP) -7.48 0.27 19.98 42.99 167.92 1,331.24
Russell 1000 Value Index (%) -12.95 -6.01 8.31 29.85 162.13 1,892.53
S&P 500 Index (%) 2.38 11.96 40.53 72.23 265.58 2,401.99
Quarter EndAs of 06/30/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/15/1988
Fund without Sales Charge (%) (NAV) -11.65 -3.27 16.88 38.24 175.92 1,266.69
Fund with Sales Charge (%) (POP) -11.65 -3.27 16.88 38.24 175.92 1,266.69
Russell 1000 Value Index (%) -16.26 -8.84 5.57 25.46 169.23 1,816.76
S&P 500 Index (%) -3.08 7.51 35.77 66.45 270.31 2,268.44

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

Month EndAs of 07/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -1.36 4.70 5.87 9.11
Fund without Sales Charge (%) (NAV) After Shares Sold 0.88 4.66 5.60 8.33
Fund with Sales Charge (%) (POP) Before Shares Sold -1.36 4.70 5.87 9.11
Fund with Sales Charge (%) (POP) After Shares Sold 0.88 4.66 5.60 8.33
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -4.85 3.79 5.15 9.43
Fund without Sales Charge (%) (NAV) After Shares Sold -1.17 4.01 5.06 8.65
Fund with Sales Charge (%) (POP) Before Shares Sold -4.85 3.79 5.15 9.43
Fund with Sales Charge (%) (POP) After Shares Sold -1.17 4.01 5.06 8.65

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

Gross Expense Ratio 0.62%
Net Expense Ratio [further-information] 0.61%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 07/31/2020 Updated Monthly, based on a 3-year period

Beta 0.88
Sharpe Ratio 0.29
Standard Deviation 15.83

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