Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 05/16/1995
Fund without Sales Charge (%) (NAV) 5.25 5.28 3.01 6.12 5.93
Fund with Sales Charge (%) (POP) 4.25 5.28 3.01 6.12 5.93
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 05/16/1995
Fund without Sales Charge (%) (NAV) 5.25 5.28 3.01 6.12 5.93
Fund with Sales Charge (%) (POP) 4.25 5.28 3.01 6.12 5.93
Credit Suisse High Yield Index (%) 5.79 5.97 5.16 7.73 7.29

After-Tax Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.08 3.12 0.72 3.65
Fund without Sales Charge (%) (NAV) After Shares Sold 3.05 3.07 1.22 3.68
Fund with Sales Charge (%) (POP) Before Shares Sold 2.08 3.12 0.72 3.65
Fund with Sales Charge (%) (POP) After Shares Sold 2.46 3.07 1.22 3.68
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.08 3.12 0.72 3.65
Fund without Sales Charge (%) (NAV) After Shares Sold 3.05 3.07 1.22 3.68
Fund with Sales Charge (%) (POP) Before Shares Sold 2.08 3.12 0.72 3.65
Fund with Sales Charge (%) (POP) After Shares Sold 2.46 3.07 1.22 3.68

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) -4.17 6.66 18.47 -11.07 -0.89 7.04 14.99 3.99 12.46 44.08
Fund with Sales Charge (%) (POP) -5.08 5.66 17.47 -11.91 -1.83 6.04 13.99 3.02 11.46 43.08
Credit Suisse High Yield Index (%) -2.37 7.03 18.39 -4.90 1.86 7.53 14.71 5.47 14.42 54.22

Cumulative Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/16/1995
Fund without Sales Charge (%) (NAV) 1.23 11.59 5.25 16.69 15.96 81.15 307.12
Fund with Sales Charge (%) (POP) 0.23 10.59 4.25 16.69 15.96 81.15 307.12
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/16/1995
Fund without Sales Charge (%) (NAV) 1.23 11.59 5.25 16.69 15.96 81.15 307.12
Fund with Sales Charge (%) (POP) 0.23 10.59 4.25 16.69 15.96 81.15 307.12
Credit Suisse High Yield Index (%) 1.03 11.08 5.79 18.99 28.60 110.50 455.49

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 10/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 4.73 6.78 6.59
Standard Deviation (Credit Suisse High Yield Index) 4.10 5.42 5.61
Beta 1.12 1.22 1.15
Sharpe Ratio 0.71 0.28 0.82
Information Ratio -0.76 -1.12 -1.06
Tracking Error 1.25 1.89 1.53

ADDITIONAL RISK STATISTICSAs of 10/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 1.13 1.13 1.11
Beta Bear 0.92 1.20 1.07
Bull Bear Capture Ratio 0.77 0.72 0.77
% of Positive Months 58.33 55.00 67.50
Gains/Losses 2.27 1.41 1.95
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 10/31/2019 Updated Monthly, based on a 3-year period

Beta 1.12
Sharpe Ratio 0.71
Standard Deviation 4.73

Benchmarks

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

  • Credit Suisse High Yield Index