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 09/26/1980
Fund without Sales Charge (%) (NAV) -4.58 4.12 3.42 6.64 11.61
Fund with Sales Charge (%) (POP) -9.85 2.18 2.25 6.04 11.44
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/26/1980
Fund without Sales Charge (%) (NAV) -4.58 4.12 3.42 6.64 11.61
Fund with Sales Charge (%) (POP) -9.85 2.18 2.25 6.04 11.44
MSCI World Index (%) 2.42 10.83 7.79 9.62
Bloomberg Barclays US Corporate High Yield Index (%) 6.36 6.07 5.37 7.94

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 -7.90 1.44 0.58 4.17
Fund without Sales Charge (%) (NAV) After Shares Sold -1.56 2.36 1.77 4.60
Fund with Sales Charge (%) (POP) Before Shares Sold -12.98 -0.46 -0.56 3.58
Fund with Sales Charge (%) (POP) After Shares Sold -4.75 0.88 0.88 4.10
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -7.90 1.44 0.58 4.17
Fund without Sales Charge (%) (NAV) After Shares Sold -1.56 2.36 1.77 4.60
Fund with Sales Charge (%) (POP) Before Shares Sold -12.98 -0.46 -0.56 3.58
Fund with Sales Charge (%) (POP) After Shares Sold -4.75 0.88 0.88 4.10

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) -7.36 6.95 16.04 -5.85 3.11 25.61 12.21 -2.10 9.86 20.20
Fund with Sales Charge (%) (POP) -12.45 0.83 9.38 -11.27 -2.83 18.40 5.77 -7.72 3.57 13.32
MSCI World Index (%) -8.20 23.07 8.15 -0.32 5.50 27.37 16.54 -5.02 12.34 30.79
Bloomberg Barclays US Corporate High Yield Index (%) -2.08 7.50 17.13 -4.47 2.45 7.44 15.81 4.98 15.12 58.21

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 09/26/1980
Fund without Sales Charge (%) (NAV) 0.44 8.00 -4.58 12.88 18.31 90.17 7,154.56
Fund with Sales Charge (%) (POP) -5.10 2.08 -9.85 6.67 11.77 79.75 6,752.96
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/26/1980
Fund without Sales Charge (%) (NAV) 0.44 8.00 -4.58 12.88 18.31 90.17 7,154.56
Fund with Sales Charge (%) (POP) -5.10 2.08 -9.85 6.67 11.77 79.75 6,752.96
MSCI World Index (%) 0.66 18.15 2.42 36.11 45.51 150.48
Bloomberg Barclays US Corporate High Yield Index (%) 1.33 11.41 6.36 19.33 29.91 114.71

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

3 YR 5 YR 10 YR
Standard Deviation (Fund) 8.59 8.56 9.29
Standard Deviation (MSCI World Index) 11.05 11.56 12.95
Beta 0.68 0.66 0.66
Sharpe Ratio 0.27 0.27 0.66
Information Ratio -1.60 -0.88 -0.61
Tracking Error 5.40 5.54 5.70

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

3 YR 5 YR 10 YR
Beta Bull 0.63 0.59 0.59
Beta Bear 0.89 0.86 0.80
Bull Bear Capture Ratio 0.61 0.75 0.89
% of Positive Months 63.89 65.00 65.00
Gains/Losses 1.44 1.38 1.72
Maximum Drawdown
12.18 12.69 14.94

SALES CHARGE, EXPENSES & FEES As of 05/01/2019 (updated annually)

Gross Expense Ratio 1.03%
Net Expense Ratio [further-information] 1.03%
Max Initial Sales Charge 5.50%
CDSC 1.00%

Volatility Measures [further-information] As of 10/31/2019 Updated Monthly, based on a 3-year period

Beta 0.68
Sharpe Ratio 0.27
Standard Deviation 8.59

Benchmarks

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

  • MSCI World Index
  • Bloomberg Barclays US Corporate High Yield Index