Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/01/1987
Fund without Sales Charge (%) (NAV) 6.96 1.95 2.73 3.56 5.41
Fund with Sales Charge (%) (POP) 2.95 0.66 1.95 3.17 5.29
Bloomberg Barclays Municipal Bond Index (%) 8.55 3.19 3.66 4.16 5.94
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/01/1987
Fund without Sales Charge (%) (NAV) 6.96 1.95 2.73 3.56 5.41
Fund with Sales Charge (%) (POP) 2.95 0.66 1.95 3.17 5.29
Bloomberg Barclays Municipal Bond Index (%) 8.55 3.19 3.66 4.16 5.94

Calendar Year Returns

2018
Fund without Sales Charge (%) (NAV) 0.53
Fund with Sales Charge (%) (POP) -3.75
Bloomberg Barclays Municipal Bond Index (%) 1.28

Cumulative Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 5.74 6.96 5.96 14.41 41.90 442.71
Fund with Sales Charge (%) (POP) 1.78 2.95 1.98 10.12 36.58 422.36
Bloomberg Barclays Municipal Bond Index (%) 6.75 8.55 9.88 19.68 50.38 535.85
Quarter EndAs of 09/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 5.74 6.96 5.96 14.41 41.90 442.71
Fund with Sales Charge (%) (POP) 1.78 2.95 1.98 10.12 36.58 422.36
Bloomberg Barclays Municipal Bond Index (%) 6.75 8.55 9.88 19.68 50.38 535.85

After-Tax Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.96 1.95 2.73 3.56
Fund without Sales Charge (%) (NAV) After Shares Sold 5.45 2.24 2.88 3.60
Fund with Sales Charge (%) (POP) Before Shares Sold 2.95 0.66 1.95 3.17
Fund with Sales Charge (%) (POP) After Shares Sold 3.03 1.24 2.26 3.27
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.96 1.95 2.73 3.56
Fund without Sales Charge (%) (NAV) After Shares Sold 5.45 2.24 2.88 3.60
Fund with Sales Charge (%) (POP) Before Shares Sold 2.95 0.66 1.95 3.17
Fund with Sales Charge (%) (POP) After Shares Sold 3.03 1.24 2.26 3.27

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 0.75%

Volatility Measures [further-information] As of 09/30/2019 Updated Monthly, based on a 3-year period

Beta 0.75
Sharpe Ratio 0.16
Standard Deviation 2.71

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index