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

Month EndAs of 11/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/01/1986
Fund without Sales Charge (%) (NAV) 6.06 3.07 2.64 3.68 5.19
Fund with Sales Charge (%) (POP) 2.08 1.77 1.86 3.29 5.07
Bloomberg Barclays Municipal Bond Index (%) 8.49 5.03 3.57 4.34 5.80
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/01/1986
Fund without Sales Charge (%) (NAV) 6.27 2.09 2.79 3.53 5.22
Fund with Sales Charge (%) (POP) 2.28 0.80 2.00 3.14 5.10
Bloomberg Barclays Municipal Bond Index (%) 8.55 3.19 3.66 4.16 5.81

Calendar Year Returns

2018
Fund without Sales Charge (%) (NAV) 1.34
Fund with Sales Charge (%) (POP) -2.97
Bloomberg Barclays Municipal Bond Index (%) 1.28

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

Month EndAs of 11/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/01/1986
Fund without Sales Charge (%) (NAV) 5.21 6.06 9.50 13.91 43.60 431.62
Fund with Sales Charge (%) (POP) 1.26 2.08 5.40 9.64 38.22 411.68
Bloomberg Barclays Municipal Bond Index (%) 7.21 8.49 15.84 19.17 53.00 541.71
Quarter EndAs of 09/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/01/1986
Fund without Sales Charge (%) (NAV) 5.23 6.27 6.40 14.72 41.48 431.75
Fund with Sales Charge (%) (POP) 1.29 2.28 2.41 10.42 36.18 411.81
Bloomberg Barclays Municipal Bond Index (%) 6.75 8.55 9.88 19.68 50.38 538.97

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

Month EndAs of 11/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.06 3.07 2.64 3.69
Fund without Sales Charge (%) (NAV) After Shares Sold 4.95 3.18 2.87 3.75
Fund with Sales Charge (%) (POP) Before Shares Sold 2.08 1.77 1.86 3.29
Fund with Sales Charge (%) (POP) After Shares Sold 2.55 2.16 2.25 3.42
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.27 2.09 2.79 3.53
Fund without Sales Charge (%) (NAV) After Shares Sold 5.11 2.42 2.99 3.63
Fund with Sales Charge (%) (POP) Before Shares Sold 2.29 0.79 2.00 3.14
Fund with Sales Charge (%) (POP) After Shares Sold 2.70 1.41 2.37 3.30

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

Gross Expense Ratio 0.83%
Net Expense Ratio [further-information] 0.83%
Max Initial Sales Charge 3.75%
CDSC 0.75%

Volatility Measures [further-information] As of 11/30/2019 Updated Monthly, based on a 3-year period

Beta 0.64
Sharpe Ratio 0.84
Standard Deviation 1.75

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index