Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 02/29/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/1995
Fund without Sales Charge (%) (NAV) 8.70 4.10 2.85 3.66 4.15
Fund with Sales Charge (%) (POP) 7.70 4.10 2.85 3.66 4.15
Bloomberg Barclays Municipal Bond Index (%) 9.46 5.32 4.01 4.51 5.29
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/1995
Fund without Sales Charge (%) (NAV) 6.44 3.33 2.35 3.43 4.04
Fund with Sales Charge (%) (POP) 5.44 3.33 2.35 3.43 4.04
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.19

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 12/31/2019

Month EndAs of 02/29/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1995
Fund without Sales Charge (%) (NAV) 3.14 8.70 12.83 15.07 43.27 174.32
Fund with Sales Charge (%) (POP) 2.14 7.70 12.83 15.07 43.27 174.32
Bloomberg Barclays Municipal Bond Index (%) 3.11 9.46 16.83 21.75 55.38 259.47
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1995
Fund without Sales Charge (%) (NAV) 6.44 6.44 10.33 12.31 40.14 165.96
Fund with Sales Charge (%) (POP) 5.44 5.44 10.33 12.31 40.14 165.96
Bloomberg Barclays Municipal Bond Index (%) 7.54 7.54 14.85 18.93 52.95 248.63

After-Tax Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 02/29/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 8.70 4.10 2.85 3.66
Fund without Sales Charge (%) (NAV) After Shares Sold 6.17 3.76 2.82 3.56
Fund with Sales Charge (%) (POP) Before Shares Sold 7.70 4.10 2.85 3.66
Fund with Sales Charge (%) (POP) After Shares Sold 5.57 3.76 2.82 3.56
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.44 3.33 2.35 3.43
Fund without Sales Charge (%) (NAV) After Shares Sold 4.86 3.19 2.45 3.39
Fund with Sales Charge (%) (POP) Before Shares Sold 5.44 3.33 2.35 3.43
Fund with Sales Charge (%) (POP) After Shares Sold 4.27 3.19 2.45 3.39

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 02/29/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 1.02
Standard Deviation 2.37

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index