Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 3.12 2.64 2.21 3.29 5.37
Fund with Sales Charge (%) (POP) -0.75 1.34 1.43 2.89 5.25
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 3.12 2.64 2.21 3.29 5.37
Fund with Sales Charge (%) (POP) -0.75 1.34 1.43 2.89 5.25

Calendar Year Returns

2019 2018
Fund without Sales Charge (%) (NAV) 5.61 1.84
Fund with Sales Charge (%) (POP) 1.65 -1.98
Bloomberg Barclays Municipal Bond Index (%) 7.54 1.28

Cumulative Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) -0.28 3.12 8.13 11.55 38.18 450.63
Fund with Sales Charge (%) (POP) -4.02 -0.75 4.08 7.37 33.00 429.98
Quarter EndAs of 03/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) -0.28 3.12 8.13 11.55 38.18 450.63
Fund with Sales Charge (%) (POP) -4.02 -0.75 4.08 7.37 33.00 429.98

After-Tax Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.12 2.64 2.21 3.27
Fund without Sales Charge (%) (NAV) After Shares Sold 3.22 2.86 2.55 3.46
Fund with Sales Charge (%) (POP) Before Shares Sold -0.74 1.34 1.43 2.88
Fund with Sales Charge (%) (POP) After Shares Sold 0.88 1.84 1.93 3.13
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.12 2.64 2.21 3.27
Fund without Sales Charge (%) (NAV) After Shares Sold 3.22 2.86 2.55 3.46
Fund with Sales Charge (%) (POP) Before Shares Sold -0.74 1.34 1.43 2.88
Fund with Sales Charge (%) (POP) After Shares Sold 0.88 1.84 1.93 3.13

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

Gross Expense Ratio 0.85%
Net Expense Ratio [further-information] 0.85%
Max Initial Sales Charge 3.75%
CDSC 1.00%

Volatility Measures [further-information] As of 03/31/2020 Updated Monthly, based on a 3-year period

Beta 0.70
Sharpe Ratio 0.37
Standard Deviation 2.55

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index