Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 04/03/1985
Fund without Sales Charge (%) (NAV) 4.65 3.93 3.66 3.91 5.72
Fund with Sales Charge (%) (POP) 0.72 2.62 2.87 3.52 5.60
Bloomberg Barclays Municipal Bond Index (%) 4.45 4.22 3.93 4.21 6.45
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 04/03/1985
Fund without Sales Charge (%) (NAV) 4.65 3.93 3.66 3.91 5.72
Fund with Sales Charge (%) (POP) 0.72 2.62 2.87 3.52 5.60
Bloomberg Barclays Municipal Bond Index (%) 4.45 4.22 3.93 4.21 6.45

Calendar Year Returns

2019 2018
Fund without Sales Charge (%) (NAV) 6.56 0.68
Fund with Sales Charge (%) (POP) 2.56 -3.09
Bloomberg Barclays Municipal Bond Index (%) 7.54 1.28

Cumulative Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/03/1985
Fund without Sales Charge (%) (NAV) 2.68 4.65 12.27 19.69 46.81 609.78
Fund with Sales Charge (%) (POP) -1.17 0.72 8.06 15.20 41.31 583.17
Bloomberg Barclays Municipal Bond Index (%) 2.08 4.45 13.20 21.26 51.12 803.64
Quarter EndAs of 06/30/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/03/1985
Fund without Sales Charge (%) (NAV) 2.68 4.65 12.27 19.69 46.81 609.78
Fund with Sales Charge (%) (POP) -1.17 0.72 8.06 15.20 41.31 583.17
Bloomberg Barclays Municipal Bond Index (%) 2.08 4.45 13.20 21.26 51.12 803.64

After-Tax Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.65 3.93 3.66 3.91
Fund without Sales Charge (%) (NAV) After Shares Sold 3.84 3.69 3.52 3.82
Fund with Sales Charge (%) (POP) Before Shares Sold 0.72 2.62 2.87 3.52
Fund with Sales Charge (%) (POP) After Shares Sold 1.48 2.66 2.89 3.49
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.65 3.93 3.66 3.91
Fund without Sales Charge (%) (NAV) After Shares Sold 3.84 3.69 3.52 3.82
Fund with Sales Charge (%) (POP) Before Shares Sold 0.72 2.62 2.87 3.52
Fund with Sales Charge (%) (POP) After Shares Sold 1.48 2.66 2.89 3.49

SALES CHARGE, EXPENSES & FEES As of 07/01/2020 (updated annually)

Gross Expense Ratio 0.81%
Net Expense Ratio [further-information] 0.81%
Max Initial Sales Charge 3.75%
CDSC 1.00%

Volatility Measures [further-information] As of 06/30/2020 Updated Monthly, based on a 3-year period

Beta 0.80
Sharpe Ratio 0.72
Standard Deviation 3.18

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index