Average Annual Total Returns [further-information] As of 06/30/2019

Month EndAs of 08/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/26/1980
Fund without Sales Charge (%) (NAV) -6.50 3.22 1.94 6.48 10.98
Fund with Sales Charge (%) (POP) -6.50 3.22 1.94 6.48 10.98
MSCI World Index (%) 0.84 10.25 6.75 9.81
Bloomberg Barclays US High Yield Corporate Index (%) 6.56 6.18 4.85 8.50
Quarter EndAs of 06/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/26/1980
Fund without Sales Charge (%) (NAV) -3.39 5.06 2.03 7.35 11.09
Fund with Sales Charge (%) (POP) -3.39 5.06 2.03 7.35 11.09
MSCI World Index (%) 6.94 12.40 7.20 11.33
Bloomberg Barclays US High Yield Corporate Index (%) 7.48 7.52 4.70 9.24

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) -7.61 6.73 15.69 -6.03 2.94 25.34 11.99 -2.31 9.65 19.10
Fund with Sales Charge (%) (POP) -7.61 6.73 15.69 -6.03 2.94 25.34 11.99 -2.31 9.65 19.10
MSCI World Index (%) -8.20 23.07 8.15 -0.32 5.50 27.37 16.54 -5.02 12.34 30.79
Bloomberg Barclays US High Yield Corporate Index (%) -2.08 7.50 17.13 -4.47 2.45 7.44 15.81 4.98 15.12 58.21

Cumulative Total Returns [further-information] As of 06/30/2019

Month EndAs of 08/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/26/1980
Fund without Sales Charge (%) (NAV) 5.26 -6.50 9.97 10.11 87.31 5,666.32
Fund with Sales Charge (%) (POP) 5.26 -6.50 9.97 10.11 87.31 5,666.32
MSCI World Index (%) 15.63 0.84 33.98 38.61 155.01
Bloomberg Barclays US High Yield Corporate Index (%) 11.00 6.56 19.69 26.73 126.11
Quarter EndAs of 06/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/26/1980
Fund without Sales Charge (%) (NAV) 7.42 -3.39 15.97 10.60 103.29 5,784.27
Fund with Sales Charge (%) (POP) 7.42 -3.39 15.97 10.60 103.29 5,784.27
MSCI World Index (%) 17.38 6.94 41.97 41.59 192.56
Bloomberg Barclays US High Yield Corporate Index (%) 9.94 7.48 24.30 25.80 142.01

After-Tax Average Annual Total Returns [further-information] As of 06/30/2019

Month EndAs of 08/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -9.75 0.54 -0.85 4.02
Fund without Sales Charge (%) (NAV) After Shares Sold -2.64 1.71 0.69 4.51
Fund with Sales Charge (%) (POP) Before Shares Sold -9.75 0.54 -0.85 4.02
Fund with Sales Charge (%) (POP) After Shares Sold -2.64 1.71 0.69 4.51
Quarter EndAs of 06/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -6.75 2.34 -0.76 4.88
Fund without Sales Charge (%) (NAV) After Shares Sold -0.82 3.10 0.73 5.22
Fund with Sales Charge (%) (POP) Before Shares Sold -6.75 2.34 -0.76 4.88
Fund with Sales Charge (%) (POP) After Shares Sold -0.82 3.10 0.73 5.22

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

Gross Expense Ratio 1.28%
Net Expense Ratio [further-information] 1.28%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 08/31/2019 Updated Monthly, based on a 3-year period

Beta 0.67
Sharpe Ratio 0.21
Standard Deviation 8.47

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 High Yield Corporate Index