Average Annual Total Returns [further-information] As of 06/30/2020

Month 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
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 06/30/2020

Month 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
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 06/30/2020

Month 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
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 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 4.32 3.66 3.97
Standard Deviation (Linked Bloomberg Barclays New York Muni Bond/10-Year Muni Bond Index) 3.96 3.76 3.70
Sharpe Ratio 0.25 0.29 0.51
Information Ratio -1.25 -1.31 -1.19
Tracking Error 0.79 1.10 1.13

ADDITIONAL RISK STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 1.13 1.00 1.05
Beta Bear 1.13 0.94 1.01
Bull Bear Capture Ratio 0.83 0.79 0.77
% of Positive Months 69.44 70.00 66.67
Gains/Losses 1.71 1.70 1.71
Maximum Drawdown
6.43 6.43 8.39

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 06/30/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.25
Standard Deviation 4.32

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