Average Annual Total Returns [further-information] As of 06/30/2019

Month EndAs of 08/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 05/01/1995
Fund without Sales Charge (%) (NAV) 8.07 2.20 2.52 3.15 4.01
Fund with Sales Charge (%) (POP) 7.07 2.20 2.52 3.15 4.01
Bloomberg Barclays Municipal Bond Index (%) 8.72 3.30 3.85 4.62 5.27
Quarter EndAs of 06/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 05/01/1995
Fund without Sales Charge (%) (NAV) 5.70 1.53 2.38 3.18 3.94
Fund with Sales Charge (%) (POP) 4.70 1.53 2.38 3.18 3.94
Bloomberg Barclays Municipal Bond Index (%) 6.71 2.55 3.64 4.72 5.20

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) 0.27 2.78 0.59 0.33 10.38 -5.69 5.52 9.24 -0.24 10.15
Fund with Sales Charge (%) (POP) -0.71 1.78 -0.38 -0.64 9.38 -6.60 4.52 8.24 -1.20 9.15
Bloomberg Barclays Municipal Bond Index (%) 1.28 5.45 0.25 3.30 9.05 -2.55 6.78 10.70 2.38 12.91

Cumulative Total Returns [further-information] As of 06/30/2019

Month EndAs of 08/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1995
Fund without Sales Charge (%) (NAV) 7.27 8.07 6.75 13.26 36.36 160.45
Fund with Sales Charge (%) (POP) 6.27 7.07 6.75 13.26 36.36 160.45
Bloomberg Barclays Municipal Bond Index (%) 7.61 8.72 10.22 20.77 57.03 248.88
Quarter EndAs of 06/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1995
Fund without Sales Charge (%) (NAV) 4.76 5.70 4.66 12.49 36.74 154.34
Fund with Sales Charge (%) (POP) 3.76 4.70 4.66 12.49 36.74 154.34
Bloomberg Barclays Municipal Bond Index (%) 5.09 6.71 7.85 19.58 58.59 240.71

After-Tax Average Annual Total Returns [further-information] As of 06/30/2019

Month EndAs of 08/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 8.07 2.20 2.52 3.15
Fund without Sales Charge (%) (NAV) After Shares Sold 5.78 2.27 2.55 3.13
Fund with Sales Charge (%) (POP) Before Shares Sold 7.07 2.20 2.52 3.15
Fund with Sales Charge (%) (POP) After Shares Sold 5.19 2.27 2.55 3.13
Quarter EndAs of 06/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.70 1.53 2.38 3.18
Fund without Sales Charge (%) (NAV) After Shares Sold 4.39 1.77 2.47 3.17
Fund with Sales Charge (%) (POP) Before Shares Sold 4.70 1.53 2.38 3.18
Fund with Sales Charge (%) (POP) After Shares Sold 3.80 1.77 2.47 3.17

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

Gross Expense Ratio 1.23%
Net Expense Ratio [further-information] 1.23%
Max Initial Sales Charge 0.00%
CDSC 1.00%

Volatility Measures [further-information] As of 08/31/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.25
Standard Deviation 2.87

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index