Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/13/1982
Fund without Sales Charge (%) (NAV) 7.19 3.36 2.52 3.41 6.21
Fund with Sales Charge (%) (POP) 7.19 3.36 2.52 3.41 6.21
Linked Bloomberg Barclays New York Muni Bond/10-Year Muni Bond Index (%) 7.12 4.39 3.38 4.13 6.85
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/13/1982
Fund without Sales Charge (%) (NAV) 7.19 3.36 2.52 3.41 6.21
Fund with Sales Charge (%) (POP) 7.19 3.36 2.52 3.41 6.21
Linked Bloomberg Barclays New York Muni Bond/10-Year Muni Bond Index (%) 7.12 4.39 3.38 4.13 6.85

After-Tax Average Annual Total Returns [further-information] As of 12/31/2019

No chart available for this data.
Month EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold
Fund without Sales Charge (%) (NAV) After Shares Sold
Fund with Sales Charge (%) (POP) Before Shares Sold
Fund with Sales Charge (%) (POP) After Shares Sold
No chart available for this data.
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold
Fund without Sales Charge (%) (NAV) After Shares Sold
Fund with Sales Charge (%) (POP) Before Shares Sold
Fund with Sales Charge (%) (POP) After Shares Sold

Calendar Year Returns

2019 2018 2017
Fund without Sales Charge (%) (NAV) 7.19 0.64 2.36
Fund with Sales Charge (%) (POP) 7.19 0.64 2.36
Linked Bloomberg Barclays New York Muni Bond/10-Year Muni Bond Index (%) 7.12 1.04 5.09

Cumulative Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/13/1982
Fund without Sales Charge (%) (NAV) 0.35 7.19 7.19 10.41 13.27 39.90 846.32
Fund with Sales Charge (%) (POP) 0.35 7.19 7.19 10.41 13.27 39.90 846.32
Linked Bloomberg Barclays New York Muni Bond/10-Year Muni Bond Index (%) 0.64 7.12 7.12 13.74 18.10 49.92 1,083.78
Quarter EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/13/1982
Fund without Sales Charge (%) (NAV) 0.35 7.19 7.19 10.41 13.27 39.90 846.32
Fund with Sales Charge (%) (POP) 0.35 7.19 7.19 10.41 13.27 39.90 846.32
Linked Bloomberg Barclays New York Muni Bond/10-Year Muni Bond Index (%) 0.64 7.12 7.12 13.74 18.10 49.92 1,083.78

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 12/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 2.29 2.42 3.42
Standard Deviation (Linked Bloomberg Barclays New York Muni Bond/10-Year Muni Bond Index) 2.42 2.96 3.26
Alpha -0.62 -0.30 -0.70
Beta 0.88 0.76 0.99
Sharpe Ratio 0.78 0.61 0.82
Information Ratio -1.21 -0.82 -0.69
Tracking Error 0.81 1.06 1.11
R-Squared 0.89 0.89 0.90

ADDITIONAL RISK STATISTICSAs of 12/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.91 0.79 1.02
Beta Bear 0.80 0.70 0.98
Bull Bear Capture Ratio 0.89 0.95 0.86
% of Positive Months 69.44 70.00 70.00
Gains/Losses 2.93 2.23 2.16
Maximum Drawdown
1.31 3.30 8.01

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

Gross Expense Ratio 0.50%
Net Expense Ratio [further-information] 0.50%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 12/31/2019 Updated Monthly, based on a 3-year period

Beta 0.88
Sharpe Ratio 0.78
Standard Deviation 2.29

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