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 03/18/1986
Fund without Sales Charge (%) (NAV) 7.58 4.38 3.49 4.94 6.00
Fund with Sales Charge (%) (POP) 3.55 3.06 2.70 4.54 5.88
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.93
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 03/18/1986
Fund without Sales Charge (%) (NAV) 7.58 4.38 3.49 4.94 6.00
Fund with Sales Charge (%) (POP) 3.55 3.06 2.70 4.54 5.88
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.93

Calendar Year Returns

2019 2018
Fund without Sales Charge (%) (NAV) 7.58 1.88
Fund with Sales Charge (%) (POP) 3.55 -2.45
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 03/18/1986
Fund without Sales Charge (%) (NAV) 7.58 7.58 13.74 18.69 61.90 616.32
Fund with Sales Charge (%) (POP) 3.55 3.55 9.47 14.24 55.83 589.46
Bloomberg Barclays Municipal Bond Index (%) 7.54 7.54 14.85 18.93 52.95 599.36
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 03/18/1986
Fund without Sales Charge (%) (NAV) 7.58 7.58 13.74 18.69 61.90 616.32
Fund with Sales Charge (%) (POP) 3.55 3.55 9.47 14.24 55.83 589.46
Bloomberg Barclays Municipal Bond Index (%) 7.54 7.54 14.85 18.93 52.95 599.36

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 0.81%
Net Expense Ratio [further-information] 0.81%
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 0.84
Sharpe Ratio 1.23
Standard Deviation 2.25

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index