Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 10/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 05/12/1988
Fund without Sales Charge (%) (NAV) 7.68 2.69 2.79 3.47 5.37
Fund with Sales Charge (%) (POP) 3.65 1.39 2.01 3.07 5.24
Bloomberg Barclays Municipal Bond Index (%) 9.42 3.62 3.55 4.40 5.90
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 05/12/1988
Fund without Sales Charge (%) (NAV) 7.17 2.52 2.87 3.30 5.38
Fund with Sales Charge (%) (POP) 3.15 1.23 2.08 2.90 5.25
Bloomberg Barclays Municipal Bond Index (%) 8.55 3.19 3.66 4.16 5.91

Calendar Year Returns

2018
Fund without Sales Charge (%) (NAV) 1.66
Fund with Sales Charge (%) (POP) -2.66
Bloomberg Barclays Municipal Bond Index (%) 1.28

Cumulative Total Returns [further-information] As of 09/30/2019

Month EndAs of 10/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/12/1988
Fund without Sales Charge (%) (NAV) 6.01 7.68 8.28 14.76 40.62 418.11
Fund with Sales Charge (%) (POP) 2.03 3.65 4.22 10.46 35.35 398.68
Bloomberg Barclays Municipal Bond Index (%) 6.94 9.42 11.24 19.08 53.88 507.36
Quarter EndAs of 09/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/12/1988
Fund without Sales Charge (%) (NAV) 6.06 7.17 7.77 15.19 38.30 418.36
Fund with Sales Charge (%) (POP) 2.08 3.15 3.73 10.87 33.11 398.92
Bloomberg Barclays Municipal Bond Index (%) 6.75 8.55 9.88 19.68 50.38 506.28

After-Tax Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 10/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 7.68 2.69 2.79 3.47
Fund without Sales Charge (%) (NAV) After Shares Sold 5.84 2.85 2.97 3.56
Fund with Sales Charge (%) (POP) Before Shares Sold 3.65 1.39 2.01 3.07
Fund with Sales Charge (%) (POP) After Shares Sold 3.40 1.84 2.35 3.23
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 7.17 2.52 2.87 3.29
Fund without Sales Charge (%) (NAV) After Shares Sold 5.55 2.73 3.04 3.42
Fund with Sales Charge (%) (POP) Before Shares Sold 3.15 1.23 2.08 2.90
Fund with Sales Charge (%) (POP) After Shares Sold 3.13 1.72 2.41 3.09

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 0.68
Sharpe Ratio 0.46
Standard Deviation 2.46

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index