Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 05/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/1995
Fund without Sales Charge (%) (NAV) 3.06 3.33 3.39 4.18 4.53
Fund with Sales Charge (%) (POP) 2.06 3.33 3.39 4.18 4.53
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 4.59 4.02 3.82 4.59
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/1995
Fund without Sales Charge (%) (NAV) 3.57 3.46 2.74 4.21 4.49
Fund with Sales Charge (%) (POP) 2.57 3.46 2.74 4.21 4.49
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 4.21 4.05 3.19 4.61

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 03/31/2020

Month EndAs of 05/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1995
Fund without Sales Charge (%) (NAV) 0.35 3.06 10.31 18.17 50.65 204.06
Fund with Sales Charge (%) (POP) -0.64 2.06 10.31 18.17 50.65 204.06
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 1.78 4.59 12.55 20.60 56.63
Quarter EndAs of 03/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1995
Fund without Sales Charge (%) (NAV) -1.51 3.57 10.75 14.47 50.98 198.44
Fund with Sales Charge (%) (POP) -2.49 2.57 10.75 14.47 50.98 198.44
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) -0.49 4.21 12.66 16.99 56.91

After-Tax Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 05/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.06 3.33 3.39 4.18
Fund without Sales Charge (%) (NAV) After Shares Sold 2.85 3.22 3.30 4.04
Fund with Sales Charge (%) (POP) Before Shares Sold 2.06 3.33 3.39 4.18
Fund with Sales Charge (%) (POP) After Shares Sold 2.26 3.22 3.30 4.04
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.57 3.46 2.74 4.21
Fund without Sales Charge (%) (NAV) After Shares Sold 3.26 3.35 2.80 4.08
Fund with Sales Charge (%) (POP) Before Shares Sold 2.57 3.46 2.74 4.21
Fund with Sales Charge (%) (POP) After Shares Sold 2.67 3.35 2.80 4.08

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 06/30/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.41
Standard Deviation 5.25

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