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

Month EndAs of 11/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 04/03/1985
Fund without Sales Charge (%) (NAV) 7.70 3.81 2.69 3.53 5.57
Fund with Sales Charge (%) (POP) 3.67 2.50 1.91 3.14 5.46
Bloomberg Barclays Municipal Bond Index (%) 8.49 5.03 3.57 4.34 6.48
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 04/03/1985
Fund without Sales Charge (%) (NAV) 7.96 2.57 2.82 3.41 5.60
Fund with Sales Charge (%) (POP) 3.92 1.27 2.03 3.01 5.48
Bloomberg Barclays Municipal Bond Index (%) 8.55 3.19 3.66 4.16 6.50

Calendar Year Returns

2018
Fund without Sales Charge (%) (NAV) 0.26
Fund with Sales Charge (%) (POP) -4.00
Bloomberg Barclays Municipal Bond Index (%) 1.28

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

Month EndAs of 11/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/03/1985
Fund without Sales Charge (%) (NAV) 6.38 7.70 11.87 14.19 41.50 555.14
Fund with Sales Charge (%) (POP) 2.39 3.67 7.67 9.90 36.19 530.57
Bloomberg Barclays Municipal Bond Index (%) 7.21 8.49 15.84 19.17 53.00 782.56
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) 6.22 7.96 7.92 14.90 39.79 554.18
Fund with Sales Charge (%) (POP) 2.24 3.92 3.87 10.59 34.55 529.65
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 11/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 7.70 3.81 2.69 3.53
Fund without Sales Charge (%) (NAV) After Shares Sold 5.67 3.58 2.74 3.48
Fund with Sales Charge (%) (POP) Before Shares Sold 3.66 2.50 1.91 3.14
Fund with Sales Charge (%) (POP) After Shares Sold 3.23 2.56 2.12 3.15
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 7.96 2.57 2.82 3.41
Fund without Sales Charge (%) (NAV) After Shares Sold 5.85 2.62 2.84 3.38
Fund with Sales Charge (%) (POP) Before Shares Sold 3.92 1.27 2.03 3.01
Fund with Sales Charge (%) (POP) After Shares Sold 3.41 1.61 2.23 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 11/30/2019 Updated Monthly, based on a 3-year period

Beta 0.94
Sharpe Ratio 0.94
Standard Deviation 2.37

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index