Average Annual Total Returns [further-information] As of 05/31/2020

Month EndAs of 05/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/13/1982
Fund without Sales Charge (%) (NAV) 2.76 2.94 2.56 3.16 6.15
Fund with Sales Charge (%) (POP) 2.76 2.94 2.56 3.16 6.15
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

After-Tax Average Annual Total Returns [further-information] As of 05/31/2020

Month EndAs of 05/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.76 2.94 2.56 3.15
Fund without Sales Charge (%) (NAV) After Shares Sold 2.81 3.00 2.74 3.28
Fund with Sales Charge (%) (POP) Before Shares Sold 2.76 2.94 2.56 3.15
Fund with Sales Charge (%) (POP) After Shares Sold 2.81 3.00 2.74 3.28
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 05/31/2020

Month EndAs of 05/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/13/1982
Fund without Sales Charge (%) (NAV) -3.12 0.43 2.76 9.07 13.45 36.43 851.11
Fund with Sales Charge (%) (POP) -3.12 0.43 2.76 9.07 13.45 36.43 851.11
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

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 4.35 3.68 3.99
Standard Deviation (Linked Bloomberg Barclays New York Muni Bond/10-Year Muni Bond Index) 3.96 3.76 3.70
Sharpe Ratio 0.40 0.47 0.67
Information Ratio -0.41 -0.70 -0.59
Tracking Error 0.81 1.12 1.13

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

3 YR 5 YR 10 YR
Beta Bull 1.13 0.98 1.05
Beta Bear 1.15 0.95 1.02
Bull Bear Capture Ratio 0.93 0.91 0.87
Gains/Losses 1.91 1.94 1.92

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

Sharpe Ratio 0.40
Standard Deviation 4.35

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