Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 11/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/1995
Fund without Sales Charge (%) (NAV) 6.36 2.62 2.02 3.21 3.98
Fund with Sales Charge (%) (POP) 5.36 2.62 2.02 3.21 3.98
Bloomberg Barclays Municipal Bond Index (%) 8.49 5.03 3.57 4.34 5.20
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/1995
Fund without Sales Charge (%) (NAV) 6.45 1.44 2.20 3.00 4.00
Fund with Sales Charge (%) (POP) 5.45 1.44 2.20 3.00 4.00
Bloomberg Barclays Municipal Bond Index (%) 8.55 3.19 3.66 4.16 5.22

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 09/30/2019

Month EndAs of 11/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1995
Fund without Sales Charge (%) (NAV) 5.49 6.36 8.08 10.53 37.14 160.90
Fund with Sales Charge (%) (POP) 4.49 5.36 8.08 10.53 37.14 160.90
Bloomberg Barclays Municipal Bond Index (%) 7.21 8.49 15.84 19.17 53.00 247.57
Quarter EndAs of 09/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1995
Fund without Sales Charge (%) (NAV) 5.45 6.45 4.40 11.49 34.43 160.80
Fund with Sales Charge (%) (POP) 4.45 5.45 4.40 11.49 34.43 160.80
Bloomberg Barclays Municipal Bond Index (%) 6.75 8.55 9.88 19.68 50.38 246.08

After-Tax Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 11/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.36 2.62 2.02 3.21
Fund without Sales Charge (%) (NAV) After Shares Sold 4.88 2.64 2.20 3.20
Fund with Sales Charge (%) (POP) Before Shares Sold 5.36 2.62 2.02 3.21
Fund with Sales Charge (%) (POP) After Shares Sold 4.29 2.64 2.20 3.20
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.45 1.45 2.20 3.00
Fund without Sales Charge (%) (NAV) After Shares Sold 4.96 1.73 2.34 3.03
Fund with Sales Charge (%) (POP) Before Shares Sold 5.45 1.45 2.20 3.00
Fund with Sales Charge (%) (POP) After Shares Sold 4.37 1.73 2.34 3.03

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 11/30/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.50
Standard Deviation 2.08

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index