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) 7.44 2.20 2.86 3.76 4.12
Fund with Sales Charge (%) (POP) 6.44 2.20 2.86 3.76 4.12
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) 5.12 1.40 2.64 3.82 4.05
Fund with Sales Charge (%) (POP) 4.12 1.40 2.64 3.82 4.05
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) 0.15 3.50 0.43 1.36 10.42 -5.52 8.20 10.27 0.25 14.96
Fund with Sales Charge (%) (POP) -0.83 2.50 -0.55 0.38 9.42 -6.44 7.20 9.27 -0.72 13.96
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) 6.97 7.44 6.74 15.14 44.67 167.30
Fund with Sales Charge (%) (POP) 5.97 6.44 6.74 15.14 44.67 167.30
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) 4.47 5.12 4.26 13.90 45.49 161.05
Fund with Sales Charge (%) (POP) 3.47 4.12 4.26 13.90 45.49 161.05
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 7.44 2.20 2.86 3.76
Fund without Sales Charge (%) (NAV) After Shares Sold 5.50 2.31 2.85 3.67
Fund with Sales Charge (%) (POP) Before Shares Sold 6.44 2.20 2.86 3.76
Fund with Sales Charge (%) (POP) After Shares Sold 4.91 2.31 2.85 3.67
Quarter EndAs of 06/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.12 1.40 2.64 3.82
Fund without Sales Charge (%) (NAV) After Shares Sold 4.14 1.71 2.70 3.73
Fund with Sales Charge (%) (POP) Before Shares Sold 4.12 1.40 2.64 3.82
Fund with Sales Charge (%) (POP) After Shares Sold 3.55 1.71 2.70 3.73

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

Gross Expense Ratio 1.21%
Net Expense Ratio [further-information] 1.21%
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 2.88

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index