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 10/03/1988
Fund without Sales Charge (%) (NAV) 5.90 1.43 2.14 2.91 4.84
Fund with Sales Charge (%) (POP) 1.93 0.15 1.36 2.51 4.71
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 10/03/1988
Fund without Sales Charge (%) (NAV) 5.90 1.43 2.14 2.91 4.84
Fund with Sales Charge (%) (POP) 1.93 0.15 1.36 2.51 4.71
Bloomberg Barclays Municipal Bond Index (%) 8.55 3.19 3.66 4.16 5.85

Calendar Year Returns

2018
Fund without Sales Charge (%) (NAV) 0.92
Fund with Sales Charge (%) (POP) -3.37
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 10/03/1988
Fund without Sales Charge (%) (NAV) 4.58 5.90 4.36 11.16 33.17 332.56
Fund with Sales Charge (%) (POP) 0.66 1.93 0.45 6.99 28.17 316.33
Quarter EndAs of 09/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/03/1988
Fund without Sales Charge (%) (NAV) 4.58 5.90 4.36 11.16 33.17 332.56
Fund with Sales Charge (%) (POP) 0.66 1.93 0.45 6.99 28.17 316.33
Bloomberg Barclays Municipal Bond Index (%) 6.75 8.55 9.88 19.68 50.38 482.63

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 5.90 1.43 2.14 2.91
Fund without Sales Charge (%) (NAV) After Shares Sold 4.82 1.85 2.42 3.08
Fund with Sales Charge (%) (POP) Before Shares Sold 1.93 0.15 1.36 2.51
Fund with Sales Charge (%) (POP) After Shares Sold 2.42 0.85 1.81 2.75
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.90 1.43 2.14 2.91
Fund without Sales Charge (%) (NAV) After Shares Sold 4.82 1.85 2.42 3.08
Fund with Sales Charge (%) (POP) Before Shares Sold 1.93 0.15 1.36 2.51
Fund with Sales Charge (%) (POP) After Shares Sold 2.42 0.85 1.81 2.75

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

Gross Expense Ratio 0.92%
Net Expense Ratio [further-information] 0.92%
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 0.63
Sharpe Ratio 0.08
Standard Deviation 2.27

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index