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) 6.68 1.95 2.43 3.03 5.32
Fund with Sales Charge (%) (POP) 2.68 0.66 1.65 2.64 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) 6.68 1.95 2.43 3.03 5.32
Fund with Sales Charge (%) (POP) 2.68 0.66 1.65 2.64 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) 1.21
Fund with Sales Charge (%) (POP) -3.09
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) 5.71 6.68 5.97 12.73 34.82 426.95
Fund with Sales Charge (%) (POP) 1.74 2.68 2.00 8.50 29.76 407.18
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) 5.71 6.68 5.97 12.73 34.82 426.95
Fund with Sales Charge (%) (POP) 1.74 2.68 2.00 8.50 29.76 407.18
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 6.69 1.95 2.43 3.03
Fund without Sales Charge (%) (NAV) After Shares Sold 5.13 2.20 2.61 3.16
Fund with Sales Charge (%) (POP) Before Shares Sold 2.68 0.66 1.65 2.64
Fund with Sales Charge (%) (POP) After Shares Sold 2.72 1.20 2.00 2.83
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.69 1.95 2.43 3.03
Fund without Sales Charge (%) (NAV) After Shares Sold 5.13 2.20 2.61 3.16
Fund with Sales Charge (%) (POP) Before Shares Sold 2.68 0.66 1.65 2.64
Fund with Sales Charge (%) (POP) After Shares Sold 2.72 1.20 2.00 2.83

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

Gross Expense Ratio 0.83%
Net Expense Ratio [further-information] 0.83%
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 0.67
Sharpe Ratio 0.21
Standard Deviation 2.47

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index