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) 6.54 1.57 2.38 3.49 4.05
Fund with Sales Charge (%) (POP) 5.54 1.57 2.38 3.49 4.05
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) 4.66 0.97 2.31 3.56 3.99
Fund with Sales Charge (%) (POP) 3.66 0.97 2.31 3.56 3.99
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) -0.07 1.96 0.71 1.46 9.94 -5.68 7.69 10.99 0.04 13.54
Fund with Sales Charge (%) (POP) -1.04 0.96 -0.26 0.48 8.94 -6.60 6.69 9.99 -0.92 12.54
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) 6.20 6.54 4.79 12.47 40.95 162.65
Fund with Sales Charge (%) (POP) 5.20 5.54 4.79 12.47 40.95 162.65
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) 4.12 4.66 2.95 12.11 41.93 157.51
Fund with Sales Charge (%) (POP) 3.12 3.66 2.95 12.11 41.93 157.51
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 6.54 1.57 2.38 3.49
Fund without Sales Charge (%) (NAV) After Shares Sold 5.01 1.82 2.48 3.43
Fund with Sales Charge (%) (POP) Before Shares Sold 5.54 1.57 2.38 3.49
Fund with Sales Charge (%) (POP) After Shares Sold 4.42 1.82 2.48 3.43
Quarter EndAs of 06/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.66 0.97 2.31 3.56
Fund without Sales Charge (%) (NAV) After Shares Sold 3.92 1.38 2.45 3.50
Fund with Sales Charge (%) (POP) Before Shares Sold 3.66 0.97 2.31 3.56
Fund with Sales Charge (%) (POP) After Shares Sold 3.32 1.38 2.45 3.50

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

Gross Expense Ratio 1.27%
Net Expense Ratio [further-information] 1.27%
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 0.04
Standard Deviation 2.68

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index