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 05/16/1995
Fund without Sales Charge (%) (NAV) 0.99 1.94 2.38 5.12 5.65
Fund with Sales Charge (%) (POP) 0.03 1.94 2.38 5.12 5.65
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

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
ICE BofAML US High Yield Constrained Index (%) 14.41 -2.27 7.48 17.49 -4.61 2.51 7.41 15.55 4.37 15.04

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 05/16/1995
Fund without Sales Charge (%) (NAV) -4.92 0.99 5.93 12.50 64.73 295.83
Fund with Sales Charge (%) (POP) -5.86 0.03 5.93 12.50 64.73 295.83
Quarter EndAs of 03/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/16/1995
Fund without Sales Charge (%) (NAV) -12.11 -6.85 -0.79 6.01 50.00 265.93
Fund with Sales Charge (%) (POP) -12.97 -7.74 -0.79 6.01 50.00 265.93

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 -1.00 -0.14 0.16 2.72
Fund without Sales Charge (%) (NAV) After Shares Sold 0.60 0.60 0.81 2.93
Fund with Sales Charge (%) (POP) Before Shares Sold -1.96 -0.14 0.16 2.72
Fund with Sales Charge (%) (POP) After Shares Sold 0.03 0.60 0.81 2.93
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

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

Beta 0.95
Sharpe Ratio 0.08
Standard Deviation 8.35

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