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) 2.63 2.72 2.40 3.20 3.99
Fund with Sales Charge (%) (POP) 1.63 2.72 2.40 3.20 3.99
Bloomberg Barclays Municipal Bond Index (%) 3.98 3.81 3.74 4.14 5.16
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/1995
Fund without Sales Charge (%) (NAV) 3.06 2.76 1.99 3.26 3.97
Fund with Sales Charge (%) (POP) 2.06 2.76 1.99 3.26 3.97
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) 6.44 0.15 3.50 0.43 1.36 10.42 -5.52 8.20 10.27 0.25
Fund with Sales Charge (%) (POP) 5.44 -0.83 2.50 -0.55 0.38 9.42 -6.44 7.20 9.27 -0.72
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 05/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1995
Fund without Sales Charge (%) (NAV) 0.36 2.63 8.38 12.59 37.07 166.92
Fund with Sales Charge (%) (POP) -0.64 1.63 8.38 12.59 37.07 166.92
Bloomberg Barclays Municipal Bond Index (%) 1.24 3.98 11.87 20.17 49.98 252.96
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) -0.82 3.06 8.52 10.37 37.78 163.79
Fund with Sales Charge (%) (POP) -1.80 2.06 8.52 10.37 37.78 163.79
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 05/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.63 2.72 2.40 3.20
Fund without Sales Charge (%) (NAV) After Shares Sold 2.48 2.69 2.48 3.20
Fund with Sales Charge (%) (POP) Before Shares Sold 1.63 2.72 2.40 3.20
Fund with Sales Charge (%) (POP) After Shares Sold 1.89 2.69 2.48 3.20
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.06 2.76 1.99 3.26
Fund without Sales Charge (%) (NAV) After Shares Sold 2.81 2.74 2.17 3.25
Fund with Sales Charge (%) (POP) Before Shares Sold 2.06 2.76 1.99 3.26
Fund with Sales Charge (%) (POP) After Shares Sold 2.22 2.74 2.17 3.25

SALES CHARGE, EXPENSES & FEES As of 07/01/2020 (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 06/30/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.35
Standard Deviation 3.86

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index