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

Month EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/26/1980
Fund without Sales Charge (%) (NAV) -20.47 -5.23 -1.70 3.54 10.84
Fund with Sales Charge (%) (POP) -24.85 -7.00 -2.80 2.95 10.68
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/26/1980
Fund without Sales Charge (%) (NAV) -20.47 -5.23 -1.70 3.54 10.84
Fund with Sales Charge (%) (POP) -24.85 -7.00 -2.80 2.95 10.68

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 12.14 -7.36 6.95 16.04 -5.85 3.11 25.61 12.21 -2.10 9.86
Fund with Sales Charge (%) (POP) 5.99 -12.45 0.83 9.38 -11.27 -2.83 18.40 5.77 -7.72 3.57
MSCI World Index (%) 28.40 -8.20 23.07 8.15 -0.32 5.50 27.37 16.54 -5.02 12.34
Bloomberg Barclays US Corporate High Yield Index (%) 14.32 -2.08 7.50 17.13 -4.47 2.45 7.44 15.81 4.98 15.12

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

Month EndAs of 03/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/26/1980
Fund without Sales Charge (%) (NAV) -22.69 -20.47 -14.88 -8.21 41.57 5,723.87
Fund with Sales Charge (%) (POP) -26.96 -24.85 -19.56 -13.24 33.80 5,401.47
Quarter EndAs of 03/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/26/1980
Fund without Sales Charge (%) (NAV) -22.69 -20.47 -14.88 -8.21 41.57 5,723.87
Fund with Sales Charge (%) (POP) -26.96 -24.85 -19.56 -13.24 33.80 5,401.47

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

Month EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -21.32 -7.19 -3.80 1.07
Fund without Sales Charge (%) (NAV) After Shares Sold -11.72 -4.16 -1.66 2.35
Fund with Sales Charge (%) (POP) Before Shares Sold -25.65 -8.92 -4.88 0.50
Fund with Sales Charge (%) (POP) After Shares Sold -14.33 -5.46 -2.47 1.89
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -21.32 -7.19 -3.80 1.07
Fund without Sales Charge (%) (NAV) After Shares Sold -11.72 -4.16 -1.66 2.35
Fund with Sales Charge (%) (POP) Before Shares Sold -25.65 -8.92 -4.88 0.50
Fund with Sales Charge (%) (POP) After Shares Sold -14.33 -5.46 -2.47 1.89

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 03/31/2020 Updated Monthly, based on a 3-year period

Beta 0.85
Sharpe Ratio -0.51
Standard Deviation 13.61

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