Average Annual Total Returns [further-information] As of 09/30/2020

Performance data quoted represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or a loss when you sell your shares.
Month EndAs of 10/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 02/01/1977
Fund without Sales Charge (%) (NAV) 2.85 4.24 4.00 4.58 5.48
Fund with Sales Charge (%) (POP) -1.00 2.92 3.20 4.18 5.39
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 3.65 4.12 3.67 4.34
Quarter EndAs of 09/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 02/01/1977
Fund without Sales Charge (%) (NAV) 3.14 4.40 4.15 4.62 5.50
Fund with Sales Charge (%) (POP) -0.73 3.08 3.36 4.22 5.41
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 4.12 4.33 3.81 4.34

Calendar Year Returns

Performance data quoted represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or a loss when you sell your shares.
2019 2018
Fund without Sales Charge (%) (NAV) 8.99 0.40
Fund with Sales Charge (%) (POP) 4.90 -3.87
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 7.67 1.11

Cumulative Total Returns [further-information] As of 09/30/2020

Performance data quoted represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or a loss when you sell your shares.
Month EndAs of 10/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 02/01/1977
Fund without Sales Charge (%) (NAV) 2.37 2.85 13.27 21.64 56.45 933.11
Fund with Sales Charge (%) (POP) -1.47 -1.00 9.02 17.08 50.58 894.36
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 3.12 3.65 12.88 19.77 52.91
Quarter EndAs of 09/30/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 02/01/1977
Fund without Sales Charge (%) (NAV) 2.67 3.14 13.79 22.56 57.05 936.14
Fund with Sales Charge (%) (POP) -1.18 -0.73 9.52 17.97 51.16 897.28
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 3.40 4.12 13.56 20.54 52.92

After-Tax Average Annual Total Returns [further-information] As of 09/30/2020

Month EndAs of 10/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.85 4.24 4.00 4.58
Fund without Sales Charge (%) (NAV) After Shares Sold 2.86 4.02 3.87 4.45
Fund with Sales Charge (%) (POP) Before Shares Sold -1.00 2.92 3.20 4.18
Fund with Sales Charge (%) (POP) After Shares Sold 0.53 2.98 3.23 4.11
Quarter EndAs of 09/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.14 4.40 4.15 4.62
Fund without Sales Charge (%) (NAV) After Shares Sold 3.03 4.14 3.99 4.48
Fund with Sales Charge (%) (POP) Before Shares Sold -0.73 3.08 3.36 4.22
Fund with Sales Charge (%) (POP) After Shares Sold 0.70 3.11 3.36 4.14

SALES CHARGE, EXPENSES & FEES As of 08/01/2020 (updated annually)

Gross Expense Ratio 0.76%
Net Expense Ratio [further-information] 0.76%
Max Initial Sales Charge 3.75%
CDSC 1.00%

Volatility Measures [further-information] As of 10/31/2020 Updated Monthly, based on a 3-year period

Beta 1.30
Sharpe Ratio 0.51
Standard Deviation 5.28

Benchmarks

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

  • Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index