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 09/01/1987
Fund without Sales Charge (%) (NAV) 6.40 3.38 2.70 3.86 5.48
Fund with Sales Charge (%) (POP) 2.41 2.07 1.92 3.46 5.35
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.91
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 6.40 3.38 2.70 3.86 5.48
Fund with Sales Charge (%) (POP) 2.41 2.07 1.92 3.46 5.35
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.91

Calendar Year Returns

2019 2018
Fund without Sales Charge (%) (NAV) 6.40 1.04
Fund with Sales Charge (%) (POP) 2.41 -3.25
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 09/01/1987
Fund without Sales Charge (%) (NAV) 6.40 6.40 10.49 14.26 46.00 460.76
Fund with Sales Charge (%) (POP) 2.41 2.41 6.35 9.98 40.52 439.73
Bloomberg Barclays Municipal Bond Index (%) 7.54 7.54 14.85 18.93 52.95 540.53
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 6.40 6.40 10.49 14.26 46.00 460.76
Fund with Sales Charge (%) (POP) 2.41 2.41 6.35 9.98 40.52 439.73
Bloomberg Barclays Municipal Bond Index (%) 7.54 7.54 14.85 18.93 52.95 540.53

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 0.84%
Net Expense Ratio [further-information] 0.84%
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 0.83
Sharpe Ratio 0.81
Standard Deviation 2.16

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index