Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 02/29/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/26/1980
Fund without Sales Charge (%) (NAV) -2.55 1.02 2.45 6.31 12.07
Fund with Sales Charge (%) (POP) -2.55 1.02 2.45 6.31 12.07
MSCI World Index (%) 5.23 7.84 6.48 9.36
Bloomberg Barclays US Corporate High Yield Index (%) 6.10 4.86 5.19 7.27
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/26/1980
Fund without Sales Charge (%) (NAV) 12.40 3.88 4.28 6.98 12.30
Fund with Sales Charge (%) (POP) 12.40 3.88 4.28 6.98 12.30
MSCI World Index (%) 28.40 13.21 9.36 10.08
Bloomberg Barclays US Corporate High Yield Index (%) 14.32 6.37 6.13 7.57

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013
Fund without Sales Charge (%) (NAV) 12.40 -7.03 7.28 16.44 -5.54 3.53 26.00
Fund with Sales Charge (%) (POP) 12.40 -7.03 7.28 16.44 -5.54 3.53 26.00
MSCI World Index (%) 28.40 -8.20 23.07 8.15 -0.32 5.50 27.37
Bloomberg Barclays US Corporate High Yield Index (%) 14.32 -2.08 7.50 17.13 -4.47 2.45 7.44

Cumulative Total Returns [further-information] As of 12/31/2019

Month EndAs of 02/29/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/26/1980
Fund without Sales Charge (%) (NAV) -6.27 -2.55 3.09 12.87 84.44 8,824.25
Fund with Sales Charge (%) (POP) -6.27 -2.55 3.09 12.87 84.44 8,824.25
MSCI World Index (%) -8.94 5.23 25.41 36.91 144.61
Bloomberg Barclays US Corporate High Yield Index (%) -1.38 6.10 15.30 28.82 101.69
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/26/1980
Fund without Sales Charge (%) (NAV) 12.40 12.40 12.11 23.32 96.43 9,421.01
Fund with Sales Charge (%) (POP) 12.40 12.40 12.11 23.32 96.43 9,421.01
MSCI World Index (%) 28.40 28.40 45.06 56.39 161.31
Bloomberg Barclays US Corporate High Yield Index (%) 14.32 14.32 20.34 34.66 107.47

After-Tax Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 02/29/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -3.67 -1.15 0.17 3.71
Fund without Sales Charge (%) (NAV) After Shares Sold -1.18 0.24 1.21 4.31
Fund with Sales Charge (%) (POP) Before Shares Sold -3.67 -1.15 0.17 3.71
Fund with Sales Charge (%) (POP) After Shares Sold -1.18 0.24 1.21 4.31
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 11.11 1.65 1.96 4.36
Fund without Sales Charge (%) (NAV) After Shares Sold 7.65 2.35 2.55 4.78
Fund with Sales Charge (%) (POP) Before Shares Sold 11.11 1.65 1.96 4.36
Fund with Sales Charge (%) (POP) After Shares Sold 7.65 2.35 2.55 4.78

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

Gross Expense Ratio 0.74%
Net Expense Ratio [further-information] 0.72%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 02/29/2020 Updated Monthly, based on a 3-year period

Beta 0.68
Sharpe Ratio -0.07
Standard Deviation 9.22

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