ANNUALIZED RETURNS (returns greater than 12 months have been annualized)
|
Q3 2008 |
YTD |
1 YEAR |
3 YEARS |
5 YEARS |
10 YEARS |
INCEPT* |
| HIGH YIELD GROSS |
-6.15% |
-7.68% |
-9.05% |
1.50% |
4.50% |
4.81% |
6.65% |
| HIGH YIELD NET |
-6.28% |
-8.06% |
-9.56% |
0.95% |
3.93% |
4.23% |
6.07% |
ML High Yield,
Cash Pay, BB-B |
-8.69% |
-9.41% |
-9.99% |
1.24% |
4.27% |
4.51% |
5.96% |
*Inception date: January 1994
CALENDAR YEAR RETURNS
|
TIM Gross |
TIM Net |
Benchmark |
| 2007 |
1.21% |
0.66% |
2.69% |
| 2006 |
10.31% |
9.70% |
10.67% |
| 2005 |
3.84% |
3.27% |
3.38% |
| 2004 |
11.40% |
10.80% |
9.91% |
| 2003 |
19.61% |
18.97% |
22.85% |
| 2002 |
(1.95%) |
(2.49%) |
(0.78%) |
| 2001 |
5.35% |
4.77% |
6.61% |
| 2000 |
(1.33%) |
(1.87%) |
(2.64%) |
| 1999 |
6.11% |
5.53% |
2.23% |
| 1998 |
6.43% |
5.85% |
4.53% |
| 1997 |
15.58% |
14.96% |
12.81% |
| 1996 |
15.16% |
14.53% |
10.73% |
| 1995 |
19.94% |
19.29% |
20.34% |