Performance shown is historical and does not guarantee future results. Current performance may be lower or higher. Because share price, principal value, and return will vary, you may have a gain or loss when you sell fund shares. For current month-end performance information, call 800.677.FUND. Performance assumes the reinvestment of dividends and capital gains.
Net Asset Value(NAV) performance does not reflect the current maximum sales charge(load). Had the sales charge been included, the fund's returns would have been lower.
Public offering price (POP) returns are based on the price at which shares are offered to the public and reflect the fund's NAV as increased by the maximum sales charge(load) for purchases.
Investment performance reflects fee waivers. Without such waivers, total returns would be reduced.
Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities.
The fund invests in lower-rated and non-rated securities, which present a greater risk of loss to principal and interest than higher-rated securities.
Investing in foreign securities, especially in emerging markets, tends to involve greater volatility, political and economic risks, and risks associated with accounting method differences.
Morningstar Category: Morningstar categories represent a universe of funds with similar investment objectives, and are provided by Morningstar, Inc
Lipper Category: Lipper categories represent a universe of funds with similar investment objectives, and are provided by Lipper, Inc.
Barclays Capital Corporate High Yield 2% Issuer Capped Index:
The unmanaged Barclays Capital Corporate High Yield 2% Issuer Capped Index tracks the performance of U.S. non-investment-grade bonds and limits each issuer to 2% of the index.
You cannot invest directly in an index or average.