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) 7.25 2.29 3.01 3.43 5.26
Fund with Sales Charge (%) (POP) 3.23 1.00 2.23 3.04 5.13
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) 7.25 2.29 3.01 3.43 5.26
Fund with Sales Charge (%) (POP) 3.23 1.00 2.23 3.04 5.13
Bloomberg Barclays Municipal Bond Index (%) 8.55 3.19 3.66 4.16 5.94

Calendar Year Returns

2018
Fund without Sales Charge (%) (NAV) 0.67
Fund with Sales Charge (%) (POP) -3.61
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) 5.88 7.25 7.03 15.99 40.17 417.73
Fund with Sales Charge (%) (POP) 1.91 3.23 3.02 11.64 34.91 398.31
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) 5.88 7.25 7.03 15.99 40.17 417.73
Fund with Sales Charge (%) (POP) 1.91 3.23 3.02 11.64 34.91 398.31
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 7.26 2.29 3.01 3.43
Fund without Sales Charge (%) (NAV) After Shares Sold 5.52 2.47 3.08 3.49
Fund with Sales Charge (%) (POP) Before Shares Sold 3.23 1.00 2.23 3.04
Fund with Sales Charge (%) (POP) After Shares Sold 3.09 1.47 2.46 3.16
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 7.26 2.29 3.01 3.43
Fund without Sales Charge (%) (NAV) After Shares Sold 5.52 2.47 3.08 3.49
Fund with Sales Charge (%) (POP) Before Shares Sold 3.23 1.00 2.23 3.04
Fund with Sales Charge (%) (POP) After Shares Sold 3.09 1.47 2.46 3.16

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

Gross Expense Ratio 0.80%
Net Expense Ratio [further-information] 0.80%
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 0.83
Sharpe Ratio 0.26
Standard Deviation 2.95

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index