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) 7.91 2.53 3.14 3.69 5.42
Fund with Sales Charge (%) (POP) 3.86 1.23 2.35 3.29 5.29
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) 7.91 2.53 3.14 3.69 5.42
Fund with Sales Charge (%) (POP) 3.86 1.23 2.35 3.29 5.29
Bloomberg Barclays Municipal Bond Index (%) 8.55 3.19 3.66 4.16 5.94

Calendar Year Returns

2018
Fund without Sales Charge (%) (NAV) 1.08
Fund with Sales Charge (%) (POP) -3.22
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) 6.50 7.91 7.79 16.71 43.67 443.22
Fund with Sales Charge (%) (POP) 2.50 3.86 3.75 12.33 38.28 422.85
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) 6.50 7.91 7.79 16.71 43.67 443.22
Fund with Sales Charge (%) (POP) 2.50 3.86 3.75 12.33 38.28 422.85
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 7.91 2.53 3.14 3.69
Fund without Sales Charge (%) (NAV) After Shares Sold 5.95 2.67 3.20 3.71
Fund with Sales Charge (%) (POP) Before Shares Sold 3.86 1.24 2.35 3.29
Fund with Sales Charge (%) (POP) After Shares Sold 3.51 1.66 2.58 3.38
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 7.91 2.53 3.14 3.69
Fund without Sales Charge (%) (NAV) After Shares Sold 5.95 2.67 3.20 3.71
Fund with Sales Charge (%) (POP) Before Shares Sold 3.86 1.24 2.35 3.29
Fund with Sales Charge (%) (POP) After Shares Sold 3.51 1.66 2.58 3.38

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

Gross Expense Ratio 0.88%
Net Expense Ratio [further-information] 0.88%
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 0.84
Sharpe Ratio 0.40
Standard Deviation 2.94

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index