Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 10/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 04/03/1985
Fund without Sales Charge (%) (NAV) 8.98 2.89 3.15 3.84 5.52
Fund with Sales Charge (%) (POP) 4.90 1.59 2.37 3.44 5.41
Bloomberg Barclays Municipal Bond Index (%) 9.42 3.62 3.55 4.40 6.49
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 04/03/1985
Fund without Sales Charge (%) (NAV) 7.93 2.62 3.34 3.63 5.54
Fund with Sales Charge (%) (POP) 3.89 1.33 2.55 3.23 5.42
Bloomberg Barclays Municipal Bond Index (%) 8.55 3.19 3.66 4.16 6.50

Calendar Year Returns

2018
Fund without Sales Charge (%) (NAV) -0.16
Fund with Sales Charge (%) (POP) -4.40
Bloomberg Barclays Municipal Bond Index (%) 1.28

Cumulative Total Returns [further-information] As of 09/30/2019

Month EndAs of 10/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/03/1985
Fund without Sales Charge (%) (NAV) 6.46 8.98 8.93 16.79 45.70 541.84
Fund with Sales Charge (%) (POP) 2.47 4.90 4.85 12.41 40.24 517.77
Bloomberg Barclays Municipal Bond Index (%) 6.94 9.42 11.24 19.08 53.88 780.36
Quarter EndAs of 09/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/03/1985
Fund without Sales Charge (%) (NAV) 6.41 7.93 8.08 17.86 42.79 541.50
Fund with Sales Charge (%) (POP) 2.42 3.89 4.03 13.44 37.44 517.45
Bloomberg Barclays Municipal Bond Index (%) 6.75 8.55 9.88 19.68 50.38 778.79

After-Tax Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 10/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 8.98 2.89 3.15 3.83
Fund without Sales Charge (%) (NAV) After Shares Sold 6.56 2.91 3.15 3.77
Fund with Sales Charge (%) (POP) Before Shares Sold 4.89 1.59 2.37 3.44
Fund with Sales Charge (%) (POP) After Shares Sold 4.09 1.89 2.53 3.44
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 7.94 2.62 3.34 3.62
Fund without Sales Charge (%) (NAV) After Shares Sold 5.93 2.70 3.30 3.60
Fund with Sales Charge (%) (POP) Before Shares Sold 3.89 1.33 2.55 3.23
Fund with Sales Charge (%) (POP) After Shares Sold 3.48 1.69 2.68 3.27

SALES CHARGE, EXPENSES & FEES As of 07/01/2019 (updated annually)

Gross Expense Ratio 0.86%
Net Expense Ratio [further-information] 0.86%
Max Initial Sales Charge 3.75%
CDSC 0.75%

Volatility Measures [further-information] As of 10/31/2019 Updated Monthly, based on a 3-year period

Beta 0.88
Sharpe Ratio 0.43
Standard Deviation 3.12

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index