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) 8.70 3.10 3.36 3.96 5.74
Fund with Sales Charge (%) (POP) 4.62 1.79 2.58 3.56 5.62
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) 8.00 2.90 3.53 3.78 5.75
Fund with Sales Charge (%) (POP) 3.95 1.60 2.74 3.38 5.64
Bloomberg Barclays Municipal Bond Index (%) 8.55 3.19 3.66 4.16 6.50

Calendar Year Returns

2018
Fund without Sales Charge (%) (NAV) 0.68
Fund with Sales Charge (%) (POP) -3.59
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) 6.18 8.70 9.59 17.99 47.40 588.76
Fund with Sales Charge (%) (POP) 2.19 4.62 5.48 13.56 41.87 562.93
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) 6.18 8.00 8.96 18.92 44.87 588.80
Fund with Sales Charge (%) (POP) 2.20 3.95 4.87 14.46 39.44 562.97
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 8.70 3.10 3.36 3.96
Fund without Sales Charge (%) (NAV) After Shares Sold 6.37 3.06 3.32 3.88
Fund with Sales Charge (%) (POP) Before Shares Sold 4.62 1.79 2.58 3.56
Fund with Sales Charge (%) (POP) After Shares Sold 3.91 2.05 2.69 3.55
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 8.00 2.90 3.53 3.78
Fund without Sales Charge (%) (NAV) After Shares Sold 5.95 2.91 3.45 3.73
Fund with Sales Charge (%) (POP) Before Shares Sold 3.95 1.60 2.74 3.38
Fund with Sales Charge (%) (POP) After Shares Sold 3.50 1.90 2.82 3.40

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

Gross Expense Ratio 0.80%
Net Expense Ratio [further-information] 0.80%
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 0.85
Sharpe Ratio 0.52
Standard Deviation 2.97

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index