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) -3.08 0.46 1.87 5.71 10.82
Fund with Sales Charge (%) (POP) -3.08 0.46 1.87 5.71 10.82
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) 11.88 3.33 3.70 6.38 11.05
Fund with Sales Charge (%) (POP) 11.88 3.33 3.70 6.38 11.05
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 2012 2011 2010
Fund without Sales Charge (%) (NAV) 11.88 -7.61 6.73 15.69 -6.03 2.94 25.34 11.99 -2.31 9.65
Fund with Sales Charge (%) (POP) 11.88 -7.61 6.73 15.69 -6.03 2.94 25.34 11.99 -2.31 9.65
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 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) -6.39 -3.08 1.39 9.70 74.27 5,636.88
Fund with Sales Charge (%) (POP) -6.39 -3.08 1.39 9.70 74.27 5,636.88
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) 11.88 11.88 10.32 19.93 85.63 6,028.65
Fund with Sales Charge (%) (POP) 11.88 11.88 10.32 19.93 85.63 6,028.65
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 -4.04 -1.59 -0.27 3.21
Fund without Sales Charge (%) (NAV) After Shares Sold -1.55 -0.14 0.82 3.87
Fund with Sales Charge (%) (POP) Before Shares Sold -4.04 -1.59 -0.27 3.21
Fund with Sales Charge (%) (POP) After Shares Sold -1.55 -0.14 0.82 3.87
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 10.77 1.22 1.52 3.86
Fund without Sales Charge (%) (NAV) After Shares Sold 7.29 1.96 2.16 4.34
Fund with Sales Charge (%) (POP) Before Shares Sold 10.77 1.22 1.52 3.86
Fund with Sales Charge (%) (POP) After Shares Sold 7.29 1.96 2.16 4.34

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 02/29/2020 Updated Monthly, based on a 3-year period

Beta 0.68
Sharpe Ratio -0.13
Standard Deviation 9.24

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