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) 7.13 2.22 2.80 3.54 5.31
Fund with Sales Charge (%) (POP) 3.11 0.92 2.01 3.14 5.19
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) 7.13 2.22 2.80 3.54 5.31
Fund with Sales Charge (%) (POP) 3.11 0.92 2.01 3.14 5.19
Bloomberg Barclays Municipal Bond Index (%) 8.55 3.19 3.66 4.16 5.94

Calendar Year Returns

2018
Fund without Sales Charge (%) (NAV) 0.59
Fund with Sales Charge (%) (POP) -3.68
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) 5.75 7.13 6.80 14.79 41.59 426.37
Fund with Sales Charge (%) (POP) 1.78 3.11 2.79 10.48 36.28 406.63
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) 5.75 7.13 6.80 14.79 41.59 426.37
Fund with Sales Charge (%) (POP) 1.78 3.11 2.79 10.48 36.28 406.63
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 7.13 2.22 2.80 3.54
Fund without Sales Charge (%) (NAV) After Shares Sold 5.47 2.42 2.92 3.58
Fund with Sales Charge (%) (POP) Before Shares Sold 3.11 0.92 2.01 3.14
Fund with Sales Charge (%) (POP) After Shares Sold 3.04 1.41 2.30 3.25
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 7.13 2.22 2.80 3.54
Fund without Sales Charge (%) (NAV) After Shares Sold 5.47 2.42 2.92 3.58
Fund with Sales Charge (%) (POP) Before Shares Sold 3.11 0.92 2.01 3.14
Fund with Sales Charge (%) (POP) After Shares Sold 3.04 1.41 2.30 3.25

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

Gross Expense Ratio 0.91%
Net Expense Ratio [further-information] 0.91%
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 0.72
Sharpe Ratio 0.34
Standard Deviation 2.56

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index