Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/1995
Fund without Sales Charge (%) (NAV) 4.14 3.01 2.18 3.13 4.02
Fund with Sales Charge (%) (POP) 3.14 3.01 2.18 3.13 4.02
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/1995
Fund without Sales Charge (%) (NAV) 4.14 3.01 2.18 3.13 4.02
Fund with Sales Charge (%) (POP) 3.14 3.01 2.18 3.13 4.02

After-Tax Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.14 3.01 2.18 3.13
Fund without Sales Charge (%) (NAV) After Shares Sold 3.46 2.90 2.31 3.13
Fund with Sales Charge (%) (POP) Before Shares Sold 3.14 3.01 2.18 3.13
Fund with Sales Charge (%) (POP) After Shares Sold 2.86 2.90 2.31 3.13
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.14 3.01 2.18 3.13
Fund without Sales Charge (%) (NAV) After Shares Sold 3.46 2.90 2.31 3.13
Fund with Sales Charge (%) (POP) Before Shares Sold 3.14 3.01 2.18 3.13
Fund with Sales Charge (%) (POP) After Shares Sold 2.86 2.90 2.31 3.13

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 6.14 0.55 2.77 0.07 2.01 9.15 -5.88 6.48 11.44 0.56
Fund with Sales Charge (%) (POP) 5.14 -0.43 1.77 -0.90 1.02 8.15 -6.80 5.48 10.44 -0.41
Bloomberg Barclays Municipal Bond Index (%) 7.54 1.28 5.45 0.25 3.30 9.05 -2.55 6.78 10.70 2.38

Cumulative Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1995
Fund without Sales Charge (%) (NAV) 0.54 0.54 4.14 9.30 11.39 36.15 167.01
Fund with Sales Charge (%) (POP) -0.46 -0.46 3.14 9.30 11.39 36.15 167.01
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1995
Fund without Sales Charge (%) (NAV) 0.54 0.54 4.14 9.30 11.39 36.15 167.01
Fund with Sales Charge (%) (POP) -0.46 -0.46 3.14 9.30 11.39 36.15 167.01

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 03/31/2020 (updated monthly)

1 YR
Standard Deviation (Fund)

ADDITIONAL RISK STATISTICSAs of 03/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.94
Beta Bear 0.73 0.90
Bull Bear Capture Ratio 0.93 0.88 0.83
Gains/Losses 2.18 1.84 1.89

SALES CHARGE, EXPENSES & FEES As of 07/01/2019 (updated annually)

Gross Expense Ratio 1.28%
Net Expense Ratio [further-information] 1.28%
Max Initial Sales Charge 0.00%
CDSC 1.00%

Volatility Measures [further-information] As of 03/31/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio
Standard Deviation

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index