Average Annual Total Returns [further-information] As of 06/30/2019

Month EndAs of 08/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/01/1987
Fund without Sales Charge (%) (NAV) 7.61 2.58 3.37 4.02 5.35
Fund with Sales Charge (%) (POP) 7.61 2.58 3.37 4.02 5.35
Bloomberg Barclays Municipal Bond Index (%) 8.72 3.30 3.85 4.62 5.98
Quarter EndAs of 06/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/01/1987
Fund without Sales Charge (%) (NAV) 5.39 1.81 3.13 4.07 5.30
Fund with Sales Charge (%) (POP) 5.39 1.81 3.13 4.07 5.30
Bloomberg Barclays Municipal Bond Index (%) 6.71 2.55 3.64 4.72 5.93

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) 0.73 3.92 1.09 2.42 9.88 -6.17 6.98 11.20 1.29 14.30
Fund with Sales Charge (%) (POP) 0.73 3.92 1.09 2.42 9.88 -6.17 6.98 11.20 1.29 14.30
Bloomberg Barclays Municipal Bond Index (%) 1.28 5.45 0.25 3.30 9.05 -2.55 6.78 10.70 2.38 12.91

Cumulative Total Returns [further-information] As of 06/30/2019

Month EndAs of 08/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 6.82 7.61 7.95 18.05 48.24 430.39
Fund with Sales Charge (%) (POP) 6.82 7.61 7.95 18.05 48.24 430.39
Bloomberg Barclays Municipal Bond Index (%) 7.61 8.72 10.22 20.77 57.03 540.99
Quarter EndAs of 06/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 4.24 5.39 5.52 16.66 48.95 417.61
Fund with Sales Charge (%) (POP) 4.24 5.39 5.52 16.66 48.95 417.61
Bloomberg Barclays Municipal Bond Index (%) 5.09 6.71 7.85 19.58 58.59 525.99

After-Tax Average Annual Total Returns [further-information] As of 06/30/2019

Month EndAs of 08/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 7.61 2.58 3.37 4.02
Fund without Sales Charge (%) (NAV) After Shares Sold 5.84 2.73 3.39 3.98
Fund with Sales Charge (%) (POP) Before Shares Sold 7.61 2.58 3.37 4.02
Fund with Sales Charge (%) (POP) After Shares Sold 5.84 2.73 3.39 3.98
Quarter EndAs of 06/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.39 1.81 3.13 4.07
Fund without Sales Charge (%) (NAV) After Shares Sold 4.54 2.15 3.22 4.04
Fund with Sales Charge (%) (POP) Before Shares Sold 5.39 1.81 3.13 4.07
Fund with Sales Charge (%) (POP) After Shares Sold 4.54 2.15 3.22 4.04

SALES CHARGE, EXPENSES & FEES As of 07/01/2019 (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 08/31/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.38
Standard Deviation 2.95

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index