Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 02/01/1977
Fund without Sales Charge (%) (NAV) 3.98 3.99 3.28 4.77 5.47
Fund with Sales Charge (%) (POP) 0.08 2.68 2.49 4.37 5.37
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 4.21 4.05 3.19 4.61
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 02/01/1977
Fund without Sales Charge (%) (NAV) 3.98 3.99 3.28 4.77 5.47
Fund with Sales Charge (%) (POP) 0.08 2.68 2.49 4.37 5.37
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 4.21 4.05 3.19 4.61

Calendar Year Returns

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 03/31/2020

Month EndAs of 03/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 02/01/1977
Fund without Sales Charge (%) (NAV) -1.40 3.98 12.46 17.51 59.35 895.04
Fund with Sales Charge (%) (POP) -5.10 0.08 8.25 13.11 53.37 857.72
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) -0.49 4.21 12.66 16.99 56.91
Quarter EndAs of 03/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 02/01/1977
Fund without Sales Charge (%) (NAV) -1.40 3.98 12.46 17.51 59.35 895.04
Fund with Sales Charge (%) (POP) -5.10 0.08 8.25 13.11 53.37 857.72
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) -0.49 4.21 12.66 16.99 56.91

After-Tax Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.98 3.99 3.28 4.77
Fund without Sales Charge (%) (NAV) After Shares Sold 3.67 3.87 3.34 4.64
Fund with Sales Charge (%) (POP) Before Shares Sold 0.08 2.68 2.49 4.37
Fund with Sales Charge (%) (POP) After Shares Sold 1.32 2.84 2.71 4.30
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.98 3.99 3.28 4.77
Fund without Sales Charge (%) (NAV) After Shares Sold 3.67 3.87 3.34 4.64
Fund with Sales Charge (%) (POP) Before Shares Sold 0.08 2.68 2.49 4.37
Fund with Sales Charge (%) (POP) After Shares Sold 1.32 2.84 2.71 4.30

SALES CHARGE, EXPENSES & FEES As of 08/01/2019 (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 03/31/2020 Updated Monthly, based on a 3-year period

Beta 1.33
Sharpe Ratio 0.49
Standard Deviation 4.74

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