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

Month EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/31/1969
Fund without Sales Charge (%) (NAV) -6.55 0.03 1.57 4.58 7.23
Fund with Sales Charge (%) (POP) -10.06 -1.23 0.80 4.18 7.15
Credit Suisse High Yield Index (%) -8.43 0.07 2.40 5.30
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/31/1969
Fund without Sales Charge (%) (NAV) -6.55 0.03 1.57 4.58 7.23
Fund with Sales Charge (%) (POP) -10.06 -1.23 0.80 4.18 7.15
Credit Suisse High Yield Index (%) -8.43 0.07 2.40 5.30

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

Month EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -8.62 -2.24 -0.88 1.95
Fund without Sales Charge (%) (NAV) After Shares Sold -3.77 -0.87 0.14 2.44
Fund with Sales Charge (%) (POP) Before Shares Sold -12.05 -3.48 -1.64 1.56
Fund with Sales Charge (%) (POP) After Shares Sold -5.85 -1.82 -0.44 2.12
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -8.62 -2.24 -0.88 1.95
Fund without Sales Charge (%) (NAV) After Shares Sold -3.77 -0.87 0.14 2.44
Fund with Sales Charge (%) (POP) Before Shares Sold -12.05 -3.48 -1.64 1.56
Fund with Sales Charge (%) (POP) After Shares Sold -5.85 -1.82 -0.44 2.12

Calendar Year Returns

2019 2018
Fund without Sales Charge (%) (NAV) 14.26 -3.75
Fund with Sales Charge (%) (POP) 9.98 -7.36
Credit Suisse High Yield Index (%) 14.00 -2.37

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

Month EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/31/1969
Fund without Sales Charge (%) (NAV) -11.73 -11.73 -6.55 0.10 8.13 56.50 3,231.63
Fund with Sales Charge (%) (POP) -15.04 -15.04 -10.06 -3.66 4.07 50.63 3,106.69
Credit Suisse High Yield Index (%) -13.88 -13.88 -8.43 0.22 12.58 67.63
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/31/1969
Fund without Sales Charge (%) (NAV) -11.73 -11.73 -6.55 0.10 8.13 56.50 3,231.63
Fund with Sales Charge (%) (POP) -15.04 -15.04 -10.06 -3.66 4.07 50.63 3,106.69
Credit Suisse High Yield Index (%) -13.88 -13.88 -8.43 0.22 12.58 67.63

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 03/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 7.55 8.11 7.55
Standard Deviation (Credit Suisse High Yield Index) 8.36 7.78 6.89
Alpha -0.26 -0.80 -0.96
Beta 0.89 1.01 1.07
Sharpe Ratio -0.22 0.06 0.53
Information Ratio -0.03 -0.39 -0.41
Tracking Error 1.68 2.09 1.77
R-Squared 0.97 0.93 0.95

ADDITIONAL RISK STATISTICSAs of 03/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 1.13 1.17 1.21
Beta Bear 0.80 0.80 0.84
Bull Bear Capture Ratio 0.99 0.91 0.89
Gains/Losses 1.04 1.21 1.63

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

Gross Expense Ratio 0.87%
Net Expense Ratio [further-information] 0.86%
Max Initial Sales Charge 3.75%
CDSC 1.00%

Volatility Measures [further-information] As of 03/31/2020 Updated Monthly, based on a 3-year period

Beta 0.89
Sharpe Ratio -0.22
Standard Deviation 7.55

Benchmarks

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

  • Credit Suisse High Yield Index