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) 2.27 2.22 1.99 2.90 3.92
Fund with Sales Charge (%) (POP) 1.27 2.22 1.99 2.90 3.92
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) 2.84 2.23 1.67 2.98 3.91
Fund with Sales Charge (%) (POP) 1.84 2.23 1.67 2.98 3.91
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) 5.69 -0.07 1.96 0.71 1.46 9.94 -5.68 7.69 10.99 0.04
Fund with Sales Charge (%) (POP) 4.69 -1.04 0.96 -0.26 0.48 8.94 -6.60 6.69 9.99 -0.92
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) 0.47 2.27 6.82 10.33 33.11 162.65
Fund with Sales Charge (%) (POP) -0.52 1.27 6.82 10.33 33.11 162.65
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) -0.47 2.84 6.85 8.63 34.13 160.18
Fund with Sales Charge (%) (POP) -1.46 1.84 6.85 8.63 34.13 160.18
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 2.27 2.22 1.99 2.90
Fund without Sales Charge (%) (NAV) After Shares Sold 2.28 2.31 2.15 2.94
Fund with Sales Charge (%) (POP) Before Shares Sold 1.27 2.22 1.99 2.90
Fund with Sales Charge (%) (POP) After Shares Sold 1.68 2.31 2.15 2.94
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.84 2.23 1.67 2.98
Fund without Sales Charge (%) (NAV) After Shares Sold 2.72 2.33 1.91 3.01
Fund with Sales Charge (%) (POP) Before Shares Sold 1.84 2.23 1.67 2.98
Fund with Sales Charge (%) (POP) After Shares Sold 2.12 2.33 1.91 3.01

SALES CHARGE, EXPENSES & FEES As of 07/01/2020 (updated annually)

Gross Expense Ratio 1.26%
Net Expense Ratio [further-information] 1.26%
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 0.27
Standard Deviation 3.63

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index