Average Annual Total Returns [further-information] As of 04/30/2020

Month EndAs of 04/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/13/1982
Fund without Sales Charge (%) (NAV) 0.64 1.99 1.92 2.86 6.07
Fund with Sales Charge (%) (POP) 0.64 1.99 1.92 2.86 6.07
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/13/1982
Fund without Sales Charge (%) (NAV) 3.66 2.95 2.30 3.23 6.15
Fund with Sales Charge (%) (POP) 3.66 2.95 2.30 3.23 6.15
Linked Bloomberg Barclays New York Muni Bond/10-Year Muni Bond Index (%) 3.30 3.59 3.01 3.92 6.78

After-Tax Average Annual Total Returns [further-information] As of 04/30/2020

Month EndAs of 04/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 0.64 1.99 1.92 2.86
Fund without Sales Charge (%) (NAV) After Shares Sold 1.57 2.30 2.27 3.07
Fund with Sales Charge (%) (POP) Before Shares Sold 0.64 1.99 1.92 2.86
Fund with Sales Charge (%) (POP) After Shares Sold 1.57 2.30 2.27 3.07
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.66 2.95 2.30 3.23
Fund without Sales Charge (%) (NAV) After Shares Sold 3.41 3.03 2.55 3.35
Fund with Sales Charge (%) (POP) Before Shares Sold 3.66 2.95 2.30 3.23
Fund with Sales Charge (%) (POP) After Shares Sold 3.41 3.03 2.55 3.35

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 7.16 0.61 2.55 0.88 1.70 9.38 -4.63 6.50 10.11 1.03
Fund with Sales Charge (%) (POP) 7.16 0.61 2.55 0.88 1.70 9.38 -4.63 6.50 10.11 1.03
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 04/30/2020

Month EndAs of 04/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/13/1982
Fund without Sales Charge (%) (NAV) -4.80 -2.96 0.64 6.09 9.96 32.63 819.02
Fund with Sales Charge (%) (POP) -4.80 -2.96 0.64 6.09 9.96 32.63 819.02
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/13/1982
Fund without Sales Charge (%) (NAV) -0.58 -0.58 3.66 9.12 12.03 37.41 841.55
Fund with Sales Charge (%) (POP) -0.58 -0.58 3.66 9.12 12.03 37.41 841.55
Linked Bloomberg Barclays New York Muni Bond/10-Year Muni Bond Index (%) -0.81 -0.81 3.30 11.17 15.97 46.84 1,074.19

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 05/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 4.34 3.67 3.98
Standard Deviation (Linked Bloomberg Barclays New York Muni Bond/10-Year Muni Bond Index) 3.97 3.75 3.70
Sharpe Ratio 0.29 0.40 0.65
Information Ratio -0.44 -0.78 -0.62
Tracking Error 0.80 1.11 1.13

ADDITIONAL RISK STATISTICSAs of 05/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 1.12 0.98 1.05
Beta Bear 1.16 0.93 1.02
Bull Bear Capture Ratio 0.93 0.88 0.86
Gains/Losses 1.77 1.84 1.89

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

Gross Expense Ratio 0.53%
Net Expense Ratio [further-information] 0.53%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 05/31/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.29
Standard Deviation 4.34

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