Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 02/29/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/1995
Fund without Sales Charge (%) (NAV) 12.09 5.46 3.99 4.83 4.74
Fund with Sales Charge (%) (POP) 11.09 5.46 3.99 4.83 4.74
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 9.75 5.36 3.99 4.99
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/1995
Fund without Sales Charge (%) (NAV) 8.43 4.54 3.34 4.58 4.60
Fund with Sales Charge (%) (POP) 7.43 4.54 3.34 4.58 4.60
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 7.67 4.77 3.52 4.85

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 8.43 -0.12 5.50 0.11 3.04 12.94 -4.39 9.72 10.58 1.42
Fund with Sales Charge (%) (POP) 7.43 -1.09 4.50 -0.86 2.04 11.94 -5.31 8.72 9.58 0.44
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 7.67 1.11 5.63 -0.14 3.51 9.96 -1.76 8.15 12.28 2.97

Cumulative Total Returns [further-information] As of 12/31/2019

Month EndAs of 02/29/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1995
Fund without Sales Charge (%) (NAV) 4.33 12.09 17.30 21.60 60.23 216.11
Fund with Sales Charge (%) (POP) 3.33 11.09 17.30 21.60 60.23 216.11
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 3.11 9.75 16.96 21.60 62.73
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1995
Fund without Sales Charge (%) (NAV) 8.43 8.43 14.24 17.84 56.42 203.00
Fund with Sales Charge (%) (POP) 7.43 7.43 14.24 17.84 56.42 203.00
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 7.67 7.67 14.99 18.87 60.56

After-Tax Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 02/29/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 12.09 5.46 3.99 4.83
Fund without Sales Charge (%) (NAV) After Shares Sold 8.33 4.88 3.75 4.56
Fund with Sales Charge (%) (POP) Before Shares Sold 11.09 5.46 3.99 4.83
Fund with Sales Charge (%) (POP) After Shares Sold 7.74 4.88 3.75 4.56
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 8.43 4.54 3.34 4.58
Fund without Sales Charge (%) (NAV) After Shares Sold 6.22 4.18 3.27 4.38
Fund with Sales Charge (%) (POP) Before Shares Sold 7.43 4.54 3.34 4.58
Fund with Sales Charge (%) (POP) After Shares Sold 5.62 4.18 3.27 4.38

SALES CHARGE, EXPENSES & FEES As of 08/01/2019 (updated annually)

Gross Expense Ratio 1.16%
Net Expense Ratio [further-information] 1.16%
Max Initial Sales Charge 0.00%
CDSC 1.00%

Volatility Measures [further-information] As of 02/29/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 1.12
Standard Deviation 3.37

Benchmarks

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

  • Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index