Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 07/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/1995
Fund without Sales Charge (%) (NAV) 2.91 3.36 3.32 3.96 4.51
Fund with Sales Charge (%) (POP) 1.92 3.36 3.32 3.96 4.51
Bloomberg Barclays Municipal Bond Index (%) 5.36 4.52 4.13 4.26 5.23
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/1995
Fund without Sales Charge (%) (NAV) 1.34 2.77 2.97 3.87 4.44
Fund with Sales Charge (%) (POP) 0.36 2.77 2.97 3.87 4.44
Bloomberg Barclays Municipal Bond Index (%) 4.45 4.22 3.93 4.21 5.17

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 7.06 1.44 3.13 0.57 2.65 13.35 -7.24 10.40 11.80 2.29
Fund with Sales Charge (%) (POP) 6.06 0.46 2.13 -0.40 1.67 12.35 -8.13 9.40 10.80 1.32
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 06/30/2020

Month EndAs of 07/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1995
Fund without Sales Charge (%) (NAV) 1.61 2.91 10.43 17.75 47.50 204.79
Fund with Sales Charge (%) (POP) 0.61 1.92 10.43 17.75 47.50 204.79
Bloomberg Barclays Municipal Bond Index (%) 3.80 5.36 14.18 22.42 51.77 261.86
Quarter EndAs of 06/30/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1995
Fund without Sales Charge (%) (NAV) -0.44 1.34 8.54 15.74 46.20 198.65
Fund with Sales Charge (%) (POP) -1.42 0.36 8.54 15.74 46.20 198.65
Bloomberg Barclays Municipal Bond Index (%) 2.08 4.45 13.20 21.26 51.12 255.87

After-Tax Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 07/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.91 3.36 3.32 3.96
Fund without Sales Charge (%) (NAV) After Shares Sold 3.10 3.44 3.41 3.96
Fund with Sales Charge (%) (POP) Before Shares Sold 1.92 3.36 3.32 3.96
Fund with Sales Charge (%) (POP) After Shares Sold 2.51 3.44 3.41 3.96
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 1.34 2.77 2.97 3.87
Fund without Sales Charge (%) (NAV) After Shares Sold 2.19 2.99 3.15 3.90
Fund with Sales Charge (%) (POP) Before Shares Sold 0.36 2.77 2.97 3.87
Fund with Sales Charge (%) (POP) After Shares Sold 1.61 2.99 3.15 3.90

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

Gross Expense Ratio 1.19%
Net Expense Ratio [further-information] 1.19%
Max Initial Sales Charge 0.00%
CDSC 1.00%

Volatility Measures [further-information] As of 07/31/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.34
Standard Deviation 5.10

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index