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

Month EndAs of 10/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 03/18/1986
Fund without Sales Charge (%) (NAV) 8.69 2.97 3.66 5.00 6.02
Fund with Sales Charge (%) (POP) 4.61 1.67 2.87 4.60 5.90
Bloomberg Barclays Municipal Bond Index (%) 9.42 3.62 3.55 4.40 5.94
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 03/18/1986
Fund without Sales Charge (%) (NAV) 7.95 2.67 3.81 4.80 6.04
Fund with Sales Charge (%) (POP) 3.90 1.37 3.02 4.40 5.92
Bloomberg Barclays Municipal Bond Index (%) 8.55 3.19 3.66 4.16 5.95

Calendar Year Returns

2018
Fund without Sales Charge (%) (NAV) 1.88
Fund with Sales Charge (%) (POP) -2.45
Bloomberg Barclays Municipal Bond Index (%) 1.28

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

Month EndAs of 10/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/18/1986
Fund without Sales Charge (%) (NAV) 7.14 8.69 9.18 19.71 62.84 613.37
Fund with Sales Charge (%) (POP) 3.12 4.61 5.08 15.22 56.73 586.62
Bloomberg Barclays Municipal Bond Index (%) 6.94 9.42 11.24 19.08 53.88 595.49
Quarter EndAs of 09/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/18/1986
Fund without Sales Charge (%) (NAV) 7.33 7.95 8.22 20.57 59.84 614.61
Fund with Sales Charge (%) (POP) 3.30 3.90 4.17 16.04 53.84 587.81
Bloomberg Barclays Municipal Bond Index (%) 6.75 8.55 9.88 19.68 50.38 594.25

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

Month EndAs of 10/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 8.69 2.97 3.66 5.00
Fund without Sales Charge (%) (NAV) After Shares Sold 7.00 3.28 3.81 4.95
Fund with Sales Charge (%) (POP) Before Shares Sold 4.61 1.67 2.87 4.60
Fund with Sales Charge (%) (POP) After Shares Sold 4.51 2.25 3.18 4.61
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 7.95 2.67 3.81 4.80
Fund without Sales Charge (%) (NAV) After Shares Sold 6.55 3.04 3.93 4.78
Fund with Sales Charge (%) (POP) Before Shares Sold 3.90 1.37 3.02 4.40
Fund with Sales Charge (%) (POP) After Shares Sold 4.09 2.02 3.30 4.44

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

Gross Expense Ratio 0.81%
Net Expense Ratio [further-information] 0.81%
Max Initial Sales Charge 3.75%
CDSC 0.75%

Volatility Measures [further-information] As of 10/31/2019 Updated Monthly, based on a 3-year period

Beta 0.95
Sharpe Ratio 0.41
Standard Deviation 3.42

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index