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) 7.36 2.39 3.12 3.54 4.20
Fund with Sales Charge (%) (POP) 6.36 2.39 3.12 3.54 4.20
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) 5.24 1.65 2.92 3.55 4.14
Fund with Sales Charge (%) (POP) 4.24 1.65 2.92 3.55 4.14
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) 0.09 4.09 0.37 2.78 9.61 -4.98 6.85 10.15 -1.01 9.71
Fund with Sales Charge (%) (POP) -0.89 3.09 -0.61 1.79 8.61 -5.90 5.85 9.15 -1.97 8.71
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) 6.57 7.36 7.34 16.62 41.61 172.17
Fund with Sales Charge (%) (POP) 5.57 6.36 7.34 16.62 41.61 172.17
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) 4.38 5.24 5.03 15.49 41.79 166.58
Fund with Sales Charge (%) (POP) 3.38 4.24 5.03 15.49 41.79 166.58
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 7.35 2.39 3.12 3.54
Fund without Sales Charge (%) (NAV) After Shares Sold 5.38 2.39 3.01 3.42
Fund with Sales Charge (%) (POP) Before Shares Sold 6.35 2.39 3.12 3.54
Fund with Sales Charge (%) (POP) After Shares Sold 4.78 2.39 3.01 3.42
Quarter EndAs of 06/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.24 1.65 2.92 3.55
Fund without Sales Charge (%) (NAV) After Shares Sold 4.12 1.83 2.86 3.45
Fund with Sales Charge (%) (POP) Before Shares Sold 4.24 1.65 2.92 3.55
Fund with Sales Charge (%) (POP) After Shares Sold 3.53 1.83 2.86 3.45

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

Gross Expense Ratio 1.20%
Net Expense Ratio [further-information] 1.20%
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 0.31
Standard Deviation 2.94

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index