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 05/16/1995
Fund without Sales Charge (%) (NAV) -6.85 -0.26 1.17 4.14 5.35
Fund with Sales Charge (%) (POP) -7.74 -0.26 1.17 4.14 5.35
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/16/1995
Fund without Sales Charge (%) (NAV) -6.85 -0.26 1.17 4.14 5.35
Fund with Sales Charge (%) (POP) -7.74 -0.26 1.17 4.14 5.35

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 -8.71 -2.30 -1.04 1.75
Fund without Sales Charge (%) (NAV) After Shares Sold -3.95 -1.00 -0.05 2.20
Fund with Sales Charge (%) (POP) Before Shares Sold -9.60 -2.30 -1.04 1.75
Fund with Sales Charge (%) (POP) After Shares Sold -4.47 -1.00 -0.05 2.20
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -8.71 -2.30 -1.04 1.75
Fund without Sales Charge (%) (NAV) After Shares Sold -3.95 -1.00 -0.05 2.20
Fund with Sales Charge (%) (POP) Before Shares Sold -9.60 -2.30 -1.04 1.75
Fund with Sales Charge (%) (POP) After Shares Sold -4.47 -1.00 -0.05 2.20

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 03/31/2020

Month EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/16/1995
Fund without Sales Charge (%) (NAV) -12.11 -12.11 -6.85 -0.79 6.01 50.00 265.93
Fund with Sales Charge (%) (POP) -12.97 -12.97 -7.74 -0.79 6.01 50.00 265.93
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/16/1995
Fund without Sales Charge (%) (NAV) -12.11 -12.11 -6.85 -0.79 6.01 50.00 265.93
Fund with Sales Charge (%) (POP) -12.97 -12.97 -7.74 -0.79 6.01 50.00 265.93

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

3 YR 5 YR 10 YR
Standard Deviation (Fund) 7.72 8.12 7.42
Standard Deviation (Credit Suisse High Yield Index) 8.36 7.78 6.89
Beta 0.91 1.01 1.05
Sharpe Ratio -0.26 0.01 0.48
Information Ratio -0.22 -0.61 -0.72
Tracking Error 1.57 2.00 1.62

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

3 YR 5 YR 10 YR
Beta Bull 1.11 1.11 1.12
Beta Bear 0.82 0.82 0.84
Bull Bear Capture Ratio 0.95 0.88 0.86
Gains/Losses 1.01 1.17 1.57

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 03/31/2020 Updated Monthly, based on a 3-year period

Beta 0.91
Sharpe Ratio -0.26
Standard Deviation 7.72

Benchmarks

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

  • Credit Suisse High Yield Index