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

Month EndAs of 02/29/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 10/07/1983
Fund without Sales Charge (%) (NAV) 9.28 4.39 3.27 4.36 6.32
Fund with Sales Charge (%) (POP) 5.19 3.07 2.49 3.96 6.21
Bloomberg Barclays Municipal Bond Index (%) 9.46 5.32 4.01 4.51 6.67
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 -3.21
Bloomberg Barclays Municipal Bond Index (%) 7.54 1.28

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

Month EndAs of 02/29/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/07/1983
Fund without Sales Charge (%) (NAV) 3.38 9.28 13.76 17.48 53.17 830.91
Fund with Sales Charge (%) (POP) -0.50 5.19 9.50 13.07 47.42 796.00
Bloomberg Barclays Municipal Bond Index (%) 3.11 9.46 16.83 21.75 55.38 948.73
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

Month EndAs of 02/29/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 9.28 4.39 3.27 4.36
Fund without Sales Charge (%) (NAV) After Shares Sold 6.80 4.17 3.33 4.27
Fund with Sales Charge (%) (POP) Before Shares Sold 5.18 3.07 2.49 3.96
Fund with Sales Charge (%) (POP) After Shares Sold 4.32 3.14 2.71 3.93
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.69 3.58 2.76 4.13
Fund without Sales Charge (%) (NAV) After Shares Sold 5.31 3.58 2.96 4.11
Fund with Sales Charge (%) (POP) Before Shares Sold 2.69 2.27 1.98 3.73
Fund with Sales Charge (%) (POP) After Shares Sold 2.89 2.55 2.34 3.77

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 1.00%

Volatility Measures [further-information] As of 03/31/2020 Updated Monthly, based on a 3-year period

Beta 0.94
Sharpe Ratio
Standard Deviation

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index