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 09/01/1987
Fund without Sales Charge (%) (NAV) 4.52 3.63 3.42 3.58 5.28
Fund with Sales Charge (%) (POP) 4.52 3.63 3.42 3.58 5.28
Bloomberg Barclays Municipal Bond Index (%) 4.45 4.22 3.93 4.21 5.89
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 4.52 3.63 3.42 3.58 5.28
Fund with Sales Charge (%) (POP) 4.52 3.63 3.42 3.58 5.28
Bloomberg Barclays Municipal Bond Index (%) 4.45 4.22 3.93 4.21 5.89

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 6.36 0.73 3.92 1.09 2.42 9.88 -6.17 6.98 11.20 1.29
Fund with Sales Charge (%) (POP) 6.36 0.73 3.92 1.09 2.42 9.88 -6.17 6.98 11.20 1.29
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 06/30/2020

Month EndAs of 06/30/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 2.44 4.52 11.30 18.32 42.11 441.01
Fund with Sales Charge (%) (POP) 2.44 4.52 11.30 18.32 42.11 441.01
Bloomberg Barclays Municipal Bond Index (%) 2.08 4.45 13.20 21.26 51.12 553.83
Quarter EndAs of 06/30/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 2.44 4.52 11.30 18.32 42.11 441.01
Fund with Sales Charge (%) (POP) 2.44 4.52 11.30 18.32 42.11 441.01
Bloomberg Barclays Municipal Bond Index (%) 2.08 4.45 13.20 21.26 51.12 553.83

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 4.52 3.63 3.42 3.58
Fund without Sales Charge (%) (NAV) After Shares Sold 3.81 3.51 3.39 3.60
Fund with Sales Charge (%) (POP) Before Shares Sold 4.52 3.63 3.42 3.58
Fund with Sales Charge (%) (POP) After Shares Sold 3.81 3.51 3.39 3.60
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.52 3.63 3.42 3.58
Fund without Sales Charge (%) (NAV) After Shares Sold 3.81 3.51 3.39 3.60
Fund with Sales Charge (%) (POP) Before Shares Sold 4.52 3.63 3.42 3.58
Fund with Sales Charge (%) (POP) After Shares Sold 3.81 3.51 3.39 3.60

SALES CHARGE, EXPENSES & FEES As of 07/01/2020 (updated annually)

Gross Expense Ratio 0.55%
Net Expense Ratio [further-information] 0.55%
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 0.56
Standard Deviation 3.56

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index