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

Month EndAs of 05/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/31/1969
Fund without Sales Charge (%) (NAV) 0.88 2.08 2.70 5.52 7.36
Fund with Sales Charge (%) (POP) -2.91 0.79 1.91 5.12 7.28
ICE BofAML US High Yield Constrained Index (%) 0.30 2.63 4.05 6.50
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

Calendar Year Returns

2019 2018
Fund without Sales Charge (%) (NAV) 14.26 -3.75
Fund with Sales Charge (%) (POP) 9.98 -7.36
ICE BofAML US High Yield Constrained Index (%) 14.41 -2.27

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

Month EndAs of 05/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/31/1969
Fund without Sales Charge (%) (NAV) -4.86 0.88 6.38 14.23 71.11 3,490.80
Fund with Sales Charge (%) (POP) -8.43 -2.91 2.40 9.94 64.69 3,356.14
ICE BofAML US High Yield Constrained Index (%) -5.74 0.30 8.11 21.98 87.66
Quarter EndAs of 03/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/31/1969
Fund without Sales Charge (%) (NAV) -11.73 -6.55 0.10 8.13 56.50 3,231.63
Fund with Sales Charge (%) (POP) -15.04 -10.06 -3.66 4.07 50.63 3,106.69
Credit Suisse High Yield Index (%) -13.88 -8.43 0.22 12.58 67.63

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

Month EndAs of 05/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -1.33 -0.23 0.22 2.87
Fund without Sales Charge (%) (NAV) After Shares Sold 0.53 0.61 0.94 3.13
Fund with Sales Charge (%) (POP) Before Shares Sold -5.03 -1.49 -0.54 2.48
Fund with Sales Charge (%) (POP) After Shares Sold -1.71 -0.37 0.35 2.80
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

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 06/30/2020 Updated Monthly, based on a 3-year period

Beta 0.92
Sharpe Ratio 0.10
Standard Deviation 8.13

Benchmarks

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

  • ICE BofAML US High Yield Constrained Index