Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 10/07/1983
Fund without Sales Charge (%) (NAV) 6.69 3.58 2.76 4.13 6.25
Fund with Sales Charge (%) (POP) 2.69 2.27 1.98 3.73 6.14
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 6.61
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 10/07/1983
Fund without Sales Charge (%) (NAV) 6.69 3.58 2.76 4.13 6.25
Fund with Sales Charge (%) (POP) 2.69 2.27 1.98 3.73 6.14
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 6.61

Calendar Year Returns

2019 2018
Fund without Sales Charge (%) (NAV) 6.69 0.56
Fund with Sales Charge (%) (POP) 2.69 -3.71
Bloomberg Barclays Municipal Bond Index (%) 7.54 1.28

Cumulative Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/07/1983
Fund without Sales Charge (%) (NAV) 6.69 6.69 11.14 14.60 49.89 800.52
Fund with Sales Charge (%) (POP) 2.69 2.69 6.97 10.31 44.27 766.74
Bloomberg Barclays Municipal Bond Index (%) 7.54 7.54 14.85 18.93 52.95 917.11
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/07/1983
Fund without Sales Charge (%) (NAV) 6.69 6.69 11.14 14.60 49.89 800.52
Fund with Sales Charge (%) (POP) 2.69 2.69 6.97 10.31 44.27 766.74
Bloomberg Barclays Municipal Bond Index (%) 7.54 7.54 14.85 18.93 52.95 917.11

After-Tax Average Annual Total Returns [further-information] As of 12/31/2019

No chart available for this data.
Month EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold
Fund without Sales Charge (%) (NAV) After Shares Sold
Fund with Sales Charge (%) (POP) Before Shares Sold
Fund with Sales Charge (%) (POP) After Shares Sold
No chart available for this data.
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold
Fund without Sales Charge (%) (NAV) After Shares Sold
Fund with Sales Charge (%) (POP) Before Shares Sold
Fund with Sales Charge (%) (POP) After Shares Sold

SALES CHARGE, EXPENSES & FEES As of 09/01/2019 (updated annually)

Gross Expense Ratio 0.78%
Net Expense Ratio [further-information] 0.78%
Max Initial Sales Charge 3.75%
CDSC 0.75%

Volatility Measures [further-information] As of 12/31/2019 Updated Monthly, based on a 3-year period

Beta 0.85
Sharpe Ratio 0.91
Standard Deviation 2.16

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index