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 02/01/1977
Fund without Sales Charge (%) (NAV) 4.29 4.33 4.33 4.90 5.51
Fund with Sales Charge (%) (POP) 0.38 3.01 3.53 4.50 5.42
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 4.83 4.33 3.95 4.67
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 02/01/1977
Fund without Sales Charge (%) (NAV) 4.29 4.33 4.33 4.90 5.51
Fund with Sales Charge (%) (POP) 0.38 3.01 3.53 4.50 5.42
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 4.83 4.33 3.95 4.67

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 06/30/2020

Month EndAs of 06/30/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 02/01/1977
Fund without Sales Charge (%) (NAV) 1.69 4.29 13.56 23.59 61.33 926.22
Fund with Sales Charge (%) (POP) -2.12 0.38 9.30 18.95 55.28 887.73
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 2.36 4.83 13.57 21.39 57.79
Quarter EndAs of 06/30/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 02/01/1977
Fund without Sales Charge (%) (NAV) 1.69 4.29 13.56 23.59 61.33 926.22
Fund with Sales Charge (%) (POP) -2.12 0.38 9.30 18.95 55.28 887.73
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 2.36 4.83 13.57 21.39 57.79

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 4.29 4.33 4.33 4.90
Fund without Sales Charge (%) (NAV) After Shares Sold 3.75 4.10 4.14 4.72
Fund with Sales Charge (%) (POP) Before Shares Sold 0.38 3.01 3.53 4.50
Fund with Sales Charge (%) (POP) After Shares Sold 1.39 3.06 3.51 4.39
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.29 4.33 4.33 4.90
Fund without Sales Charge (%) (NAV) After Shares Sold 3.75 4.10 4.14 4.72
Fund with Sales Charge (%) (POP) Before Shares Sold 0.38 3.01 3.53 4.50
Fund with Sales Charge (%) (POP) After Shares Sold 1.39 3.06 3.51 4.39

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 06/30/2020 Updated Monthly, based on a 3-year period

Beta 1.31
Sharpe Ratio 0.52
Standard Deviation 5.19

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