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) 9.20 2.93 2.74 3.49 5.60
Fund with Sales Charge (%) (POP) 5.11 1.62 1.96 3.10 5.48
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) 8.55 2.64 2.92 3.32 5.61
Fund with Sales Charge (%) (POP) 4.48 1.34 2.13 2.92 5.49
Bloomberg Barclays Municipal Bond Index (%) 8.55 3.19 3.66 4.16 6.50

Calendar Year Returns

2018
Fund without Sales Charge (%) (NAV) 0.87
Fund with Sales Charge (%) (POP) -3.41
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) 6.84 9.20 9.04 14.49 40.94 557.14
Fund with Sales Charge (%) (POP) 2.83 5.11 4.95 10.20 35.66 532.49
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) 6.80 8.55 8.12 15.47 38.61 556.88
Fund with Sales Charge (%) (POP) 2.79 4.48 4.07 11.13 33.41 532.24
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 9.20 2.93 2.74 3.49
Fund without Sales Charge (%) (NAV) After Shares Sold 6.63 2.95 2.85 3.52
Fund with Sales Charge (%) (POP) Before Shares Sold 5.11 1.62 1.96 3.09
Fund with Sales Charge (%) (POP) After Shares Sold 4.16 1.93 2.23 3.20
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 8.55 2.64 2.92 3.32
Fund without Sales Charge (%) (NAV) After Shares Sold 6.24 2.73 2.99 3.38
Fund with Sales Charge (%) (POP) Before Shares Sold 4.48 1.34 2.14 2.92
Fund with Sales Charge (%) (POP) After Shares Sold 3.79 1.71 2.37 3.05

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

Gross Expense Ratio 0.83%
Net Expense Ratio [further-information] 0.83%
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 0.78
Sharpe Ratio 0.49
Standard Deviation 2.81

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index