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

Month EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/16/1995
Fund without Sales Charge (%) (NAV) 14.12 5.26 4.21 5.77 5.96
Fund with Sales Charge (%) (POP) 13.12 5.26 4.21 5.77 5.96
Credit Suisse High Yield Index (%) 14.00 6.01 6.05 7.36 7.32
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/16/1995
Fund without Sales Charge (%) (NAV) 14.12 5.26 4.21 5.77 5.96
Fund with Sales Charge (%) (POP) 13.12 5.26 4.21 5.77 5.96
Credit Suisse High Yield Index (%) 14.00 6.01 6.05 7.36 7.32

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

Month EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 11.85 3.12 1.91 3.35
Fund without Sales Charge (%) (NAV) After Shares Sold 8.31 3.07 2.14 3.40
Fund with Sales Charge (%) (POP) Before Shares Sold 10.85 3.12 1.91 3.35
Fund with Sales Charge (%) (POP) After Shares Sold 7.71 3.07 2.14 3.40
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 11.85 3.12 1.91 3.35
Fund without Sales Charge (%) (NAV) After Shares Sold 8.31 3.07 2.14 3.40
Fund with Sales Charge (%) (POP) Before Shares Sold 10.85 3.12 1.91 3.35
Fund with Sales Charge (%) (POP) After Shares Sold 7.71 3.07 2.14 3.40

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 14.12 -4.17 6.66 18.47 -11.07 -0.89 7.04 14.99 3.99 12.46
Fund with Sales Charge (%) (POP) 13.12 -5.08 5.66 17.47 -11.91 -1.83 6.04 13.99 3.02 11.46
Credit Suisse High Yield Index (%) 14.00 -2.37 7.03 18.39 -4.90 1.86 7.53 14.71 5.47 14.42

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

Month EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/16/1995
Fund without Sales Charge (%) (NAV) 2.26 14.12 14.12 16.64 22.88 75.32 316.33
Fund with Sales Charge (%) (POP) 1.26 13.12 13.12 16.64 22.88 75.32 316.33
Credit Suisse High Yield Index (%) 2.63 14.00 14.00 19.12 34.12 103.36 470.10
Quarter EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/16/1995
Fund without Sales Charge (%) (NAV) 2.26 14.12 14.12 16.64 22.88 75.32 316.33
Fund with Sales Charge (%) (POP) 1.26 13.12 13.12 16.64 22.88 75.32 316.33
Credit Suisse High Yield Index (%) 2.63 14.00 14.00 19.12 34.12 103.36 470.10

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 12/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 4.68 6.64 6.56
Standard Deviation (Credit Suisse High Yield Index) 4.10 5.35 5.58
Beta 1.11 1.21 1.15
Sharpe Ratio 0.78 0.48 0.80
Information Ratio -0.61 -1.00 -1.04
Tracking Error 1.21 1.83 1.53

ADDITIONAL RISK STATISTICSAs of 12/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 1.12 1.12 1.11
Beta Bear 0.98 1.17 1.07
Bull Bear Capture Ratio 0.81 0.72 0.77
% of Positive Months 61.11 58.33 67.50
Gains/Losses 2.44 1.64 1.92
Maximum Drawdown
5.69 17.08 18.93

SALES CHARGE, EXPENSES & FEES As of 10/01/2019 (updated annually)

Gross Expense Ratio 1.27%
Net Expense Ratio [further-information] 1.26%
Max Initial Sales Charge 0.00%
CDSC 1.00%

Volatility Measures [further-information] As of 12/31/2019 Updated Monthly, based on a 3-year period

Beta 1.11
Sharpe Ratio 0.78
Standard Deviation 4.68

Benchmarks

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

  • Credit Suisse High Yield Index