Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 3.18 2.69 2.17 3.52 5.32
Fund with Sales Charge (%) (POP) -0.69 1.39 1.39 3.13 5.20
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 3.18 2.69 2.17 3.52 5.32
Fund with Sales Charge (%) (POP) -0.69 1.39 1.39 3.13 5.20

Calendar Year Returns

2019 2018
Fund without Sales Charge (%) (NAV) 6.09 0.53
Fund with Sales Charge (%) (POP) 2.11 -3.24
Bloomberg Barclays Municipal Bond Index (%) 7.54 1.28

Cumulative Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) -0.47 3.18 8.27 11.33 41.34 441.93
Fund with Sales Charge (%) (POP) -4.20 -0.69 4.21 7.15 36.04 421.61
Quarter EndAs of 03/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) -0.47 3.18 8.27 11.33 41.34 441.93
Fund with Sales Charge (%) (POP) -4.20 -0.69 4.21 7.15 36.04 421.61

After-Tax Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.18 2.68 2.17 3.52
Fund without Sales Charge (%) (NAV) After Shares Sold 3.09 2.80 2.43 3.56
Fund with Sales Charge (%) (POP) Before Shares Sold -0.69 1.39 1.39 3.13
Fund with Sales Charge (%) (POP) After Shares Sold 0.75 1.78 1.81 3.24
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.18 2.68 2.17 3.52
Fund without Sales Charge (%) (NAV) After Shares Sold 3.09 2.80 2.43 3.56
Fund with Sales Charge (%) (POP) Before Shares Sold -0.69 1.39 1.39 3.13
Fund with Sales Charge (%) (POP) After Shares Sold 0.75 1.78 1.81 3.24

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

Gross Expense Ratio 0.87%
Net Expense Ratio [further-information] 0.87%
Max Initial Sales Charge 3.75%
CDSC 1.00%

Volatility Measures [further-information] As of 03/31/2020 Updated Monthly, based on a 3-year period

Beta 0.86
Sharpe Ratio 0.32
Standard Deviation 3.06

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index