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) 7.22 2.13 2.77 3.32 5.13
Fund with Sales Charge (%) (POP) 3.20 0.84 1.98 2.93 5.00
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) 7.22 2.13 2.77 3.32 5.13
Fund with Sales Charge (%) (POP) 3.20 0.84 1.98 2.93 5.00
Bloomberg Barclays Municipal Bond Index (%) 8.55 3.19 3.66 4.16 5.85

Calendar Year Returns

2018
Fund without Sales Charge (%) (NAV) 1.15
Fund with Sales Charge (%) (POP) -3.15
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) 5.92 7.22 6.52 14.62 38.67 370.87
Fund with Sales Charge (%) (POP) 1.95 3.20 2.53 10.32 33.47 353.21
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) 5.92 7.22 6.52 14.62 38.67 370.87
Fund with Sales Charge (%) (POP) 1.95 3.20 2.53 10.32 33.47 353.21
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 7.21 2.13 2.77 3.32
Fund without Sales Charge (%) (NAV) After Shares Sold 5.55 2.35 2.89 3.39
Fund with Sales Charge (%) (POP) Before Shares Sold 3.20 0.84 1.98 2.93
Fund with Sales Charge (%) (POP) After Shares Sold 3.12 1.35 2.27 3.07
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 7.21 2.13 2.77 3.32
Fund without Sales Charge (%) (NAV) After Shares Sold 5.55 2.35 2.89 3.39
Fund with Sales Charge (%) (POP) Before Shares Sold 3.20 0.84 1.98 2.93
Fund with Sales Charge (%) (POP) After Shares Sold 3.12 1.35 2.27 3.07

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 0.79
Sharpe Ratio 0.25
Standard Deviation 2.85

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index