Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/26/1980
Fund without Sales Charge (%) (NAV) -11.99 -3.00 0.32 5.34 11.01
Fund with Sales Charge (%) (POP) -16.84 -4.82 -0.81 4.75 10.85
MSCI World Index (%) 3.40 7.29 7.50 10.57
Bloomberg Barclays US Corporate High Yield Index (%) 0.03 3.33 4.79 6.68
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/26/1980
Fund without Sales Charge (%) (NAV) -11.99 -3.00 0.32 5.34 11.01
Fund with Sales Charge (%) (POP) -16.84 -4.82 -0.81 4.75 10.85
MSCI World Index (%) 3.40 7.29 7.50 10.57
Bloomberg Barclays US Corporate High Yield Index (%) 0.03 3.33 4.79 6.68

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 06/30/2020

Month EndAs of 06/30/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/26/1980
Fund without Sales Charge (%) (NAV) -15.61 -11.99 -8.73 1.63 68.29 6,257.28
Fund with Sales Charge (%) (POP) -20.27 -16.84 -13.77 -3.96 59.01 5,905.35
MSCI World Index (%) -5.48 3.40 23.51 43.57 173.09
Bloomberg Barclays US Corporate High Yield Index (%) -3.80 0.03 10.33 26.35 90.98
Quarter EndAs of 06/30/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/26/1980
Fund without Sales Charge (%) (NAV) -15.61 -11.99 -8.73 1.63 68.29 6,257.28
Fund with Sales Charge (%) (POP) -20.27 -16.84 -13.77 -3.96 59.01 5,905.35
MSCI World Index (%) -5.48 3.40 23.51 43.57 173.09
Bloomberg Barclays US Corporate High Yield Index (%) -3.80 0.03 10.33 26.35 90.98

After-Tax Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -12.92 -5.01 -1.82 2.83
Fund without Sales Charge (%) (NAV) After Shares Sold -6.73 -2.62 -0.25 3.69
Fund with Sales Charge (%) (POP) Before Shares Sold -17.72 -6.79 -2.93 2.25
Fund with Sales Charge (%) (POP) After Shares Sold -9.63 -3.97 -1.10 3.20
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -12.92 -5.01 -1.82 2.83
Fund without Sales Charge (%) (NAV) After Shares Sold -6.73 -2.62 -0.25 3.69
Fund with Sales Charge (%) (POP) Before Shares Sold -17.72 -6.79 -2.93 2.25
Fund with Sales Charge (%) (POP) After Shares Sold -9.63 -3.97 -1.10 3.20

SALES CHARGE, EXPENSES & FEES As of 05/01/2020 (updated annually)

Gross Expense Ratio 1.04%
Net Expense Ratio [further-information] 1.04%
Max Initial Sales Charge 5.50%
CDSC 1.00%

Volatility Measures [further-information] As of 06/30/2020 Updated Monthly, based on a 3-year period

Beta 0.81
Sharpe Ratio -0.33
Standard Deviation 14.12

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