Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 04/03/1985
Fund without Sales Charge (%) (NAV) 6.56 3.93 3.20 3.87 5.72
Fund with Sales Charge (%) (POP) 2.56 2.62 2.41 3.48 5.61
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 6.48
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 04/03/1985
Fund without Sales Charge (%) (NAV) 6.56 3.93 3.20 3.87 5.72
Fund with Sales Charge (%) (POP) 2.56 2.62 2.41 3.48 5.61
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 6.48

Calendar Year Returns

2019 2018
Fund without Sales Charge (%) (NAV) 6.56 0.68
Fund with Sales Charge (%) (POP) 2.56 -3.59
Bloomberg Barclays Municipal Bond Index (%) 7.54 1.28

Cumulative Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/03/1985
Fund without Sales Charge (%) (NAV) 6.56 6.56 12.27 17.06 46.23 591.23
Fund with Sales Charge (%) (POP) 2.56 2.56 8.06 12.67 40.74 565.31
Bloomberg Barclays Municipal Bond Index (%) 7.54 7.54 14.85 18.93 52.95 785.26
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/03/1985
Fund without Sales Charge (%) (NAV) 6.56 6.56 12.27 17.06 46.23 591.23
Fund with Sales Charge (%) (POP) 2.56 2.56 8.06 12.67 40.74 565.31
Bloomberg Barclays Municipal Bond Index (%) 7.54 7.54 14.85 18.93 52.95 785.26

After-Tax Average Annual Total Returns [further-information] As of 12/31/2019

No chart available for this data.
Month EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold
Fund without Sales Charge (%) (NAV) After Shares Sold
Fund with Sales Charge (%) (POP) Before Shares Sold
Fund with Sales Charge (%) (POP) After Shares Sold
No chart available for this data.
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold
Fund without Sales Charge (%) (NAV) After Shares Sold
Fund with Sales Charge (%) (POP) Before Shares Sold
Fund with Sales Charge (%) (POP) After Shares Sold

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 12/31/2019 Updated Monthly, based on a 3-year period

Beta 0.92
Sharpe Ratio 1.01
Standard Deviation 2.30

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index