Average Annual Total Returns [further-information] As of 07/31/2020

Month EndAs of 07/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/1995
Fund without Sales Charge (%) (NAV) 3.93 3.09 2.48 2.68 3.98
Fund with Sales Charge (%) (POP) 2.93 3.09 2.48 2.68 3.98
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/1995
Fund without Sales Charge (%) (NAV) 2.94 2.72 2.17 2.60 3.94
Fund with Sales Charge (%) (POP) 1.94 2.72 2.17 2.60 3.94
Linked Bloomberg Barclays New York Muni Bond/10-Year Muni Bond Index (%) 3.60 3.72 3.62 3.94

After-Tax Average Annual Total Returns [further-information] As of 07/31/2020

Month EndAs of 07/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.92 3.09 2.48 2.68
Fund without Sales Charge (%) (NAV) After Shares Sold 3.22 2.96 2.53 2.75
Fund with Sales Charge (%) (POP) Before Shares Sold 2.92 3.09 2.48 2.68
Fund with Sales Charge (%) (POP) After Shares Sold 2.62 2.96 2.53 2.75
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.94 2.72 2.17 2.60
Fund without Sales Charge (%) (NAV) After Shares Sold 2.65 2.68 2.30 2.70
Fund with Sales Charge (%) (POP) Before Shares Sold 1.94 2.72 2.17 2.60
Fund with Sales Charge (%) (POP) After Shares Sold 2.05 2.68 2.30 2.70

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 6.47 -0.04 1.88 0.23 1.03 8.59 -5.18 5.82 9.42 0.39
Fund with Sales Charge (%) (POP) 5.47 -1.01 0.89 -0.74 0.05 7.59 -6.10 4.82 8.42 -0.58
Linked Bloomberg Barclays New York Muni Bond/10-Year Muni Bond Index (%) 7.12 1.04 5.09 0.39 3.44 8.60 -2.15 6.21 9.79 2.44

Cumulative Total Returns [further-information] As of 07/31/2020

Month EndAs of 07/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1995
Fund without Sales Charge (%) (NAV) 6.08 2.71 3.93 9.57 13.05 30.29 168.25
Fund with Sales Charge (%) (POP) 5.08 1.71 2.93 9.57 13.05 30.29 168.25
Quarter EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1995
Fund without Sales Charge (%) (NAV) 1.92 1.17 2.94 8.38 11.34 29.26 164.22
Fund with Sales Charge (%) (POP) 0.92 0.17 1.94 8.38 11.34 29.26 164.22
Linked Bloomberg Barclays New York Muni Bond/10-Year Muni Bond Index (%) 2.35 1.52 3.60 11.57 19.45 47.24

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 07/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 4.38 3.71 3.99
Standard Deviation (Linked Bloomberg Barclays New York Muni Bond/10-Year Muni Bond Index) 4.01 3.79 3.71
Sharpe Ratio 0.34 0.37 0.53
Information Ratio -1.09 -1.20 -1.15
Tracking Error 0.78 1.07 1.12

ADDITIONAL RISK STATISTICSAs of 07/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 1.13 1.01 1.06
Beta Bear 1.13 0.94 1.01
Bull Bear Capture Ratio 0.85 0.82 0.78
Gains/Losses 1.80 1.80 1.73

SALES CHARGE, EXPENSES & FEES As of 10/01/2019 (updated annually)

Gross Expense Ratio 1.18%
Net Expense Ratio [further-information] 1.18%
Max Initial Sales Charge 0.00%
CDSC 1.00%

Volatility Measures [further-information] As of 07/31/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.34
Standard Deviation 4.38

Benchmarks

A benchmark is a comparable broad-based index that can be used to evaluate a fund's performance.

  • Linked Bloomberg Barclays New York Muni Bond/10-Year Muni Bond Index