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

Month EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/1995
Fund without Sales Charge (%) (NAV) 3.84 2.87 2.01 2.94 3.84
Fund with Sales Charge (%) (POP) 2.84 2.87 2.01 2.94 3.84
Bloomberg Barclays Municipal Bond Index (%) 3.85 3.96 3.19 4.14 5.11
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/1995
Fund without Sales Charge (%) (NAV) 3.84 2.87 2.01 2.94 3.84
Fund with Sales Charge (%) (POP) 2.84 2.87 2.01 2.94 3.84
Bloomberg Barclays Municipal Bond Index (%) 3.85 3.96 3.19 4.14 5.11

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 6.12 -0.24 3.40 -0.29 1.57 7.59 -4.26 6.04 10.31 0.63
Fund with Sales Charge (%) (POP) 5.12 -1.22 2.40 -1.27 0.58 6.59 -5.20 5.04 9.31 -0.34
Bloomberg Barclays Municipal Bond Index (%) 7.54 1.28 5.45 0.25 3.30 9.05 -2.55 6.78 10.70 2.38

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

Month 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) 0.36 3.84 8.85 10.46 33.67 155.83
Fund with Sales Charge (%) (POP) -0.64 2.84 8.85 10.46 33.67 155.83
Bloomberg Barclays Municipal Bond Index (%) -0.63 3.85 12.35 17.00 50.11 246.43
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) 0.36 3.84 8.85 10.46 33.67 155.83
Fund with Sales Charge (%) (POP) -0.64 2.84 8.85 10.46 33.67 155.83
Bloomberg Barclays Municipal Bond Index (%) -0.63 3.85 12.35 17.00 50.11 246.43

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

Month EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.84 2.87 2.01 2.94
Fund without Sales Charge (%) (NAV) After Shares Sold 3.11 2.72 2.08 2.88
Fund with Sales Charge (%) (POP) Before Shares Sold 2.84 2.87 2.01 2.94
Fund with Sales Charge (%) (POP) After Shares Sold 2.52 2.72 2.08 2.88
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.84 2.87 2.01 2.94
Fund without Sales Charge (%) (NAV) After Shares Sold 3.11 2.72 2.08 2.88
Fund with Sales Charge (%) (POP) Before Shares Sold 2.84 2.87 2.01 2.94
Fund with Sales Charge (%) (POP) After Shares Sold 2.52 2.72 2.08 2.88

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 03/31/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.39
Standard Deviation 3.03

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index