Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/1995
Fund without Sales Charge (%) (NAV) 0.70 2.28 1.99 3.78 4.37
Fund with Sales Charge (%) (POP) -0.28 2.28 1.99 3.78 4.37
Bloomberg Barclays Municipal Bond Index (%) 3.85 3.96 3.19 4.14 5.11
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/1995
Fund without Sales Charge (%) (NAV) 0.70 2.28 1.99 3.78 4.37
Fund with Sales Charge (%) (POP) -0.28 2.28 1.99 3.78 4.37
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) 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 03/31/2020

Month 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) -3.25 0.70 6.99 10.36 44.94 190.21
Fund with Sales Charge (%) (POP) -4.21 -0.28 6.99 10.36 44.94 190.21
Bloomberg Barclays Municipal Bond Index (%) -0.63 3.85 12.35 17.00 50.11 246.43
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) -3.25 0.70 6.99 10.36 44.94 190.21
Fund with Sales Charge (%) (POP) -4.21 -0.28 6.99 10.36 44.94 190.21
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 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 0.69 2.28 1.99 3.78
Fund without Sales Charge (%) (NAV) After Shares Sold 1.95 2.64 2.40 3.85
Fund with Sales Charge (%) (POP) Before Shares Sold -0.28 2.28 1.99 3.78
Fund with Sales Charge (%) (POP) After Shares Sold 1.37 2.64 2.40 3.85
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 0.69 2.28 1.99 3.78
Fund without Sales Charge (%) (NAV) After Shares Sold 1.95 2.64 2.40 3.85
Fund with Sales Charge (%) (POP) Before Shares Sold -0.28 2.28 1.99 3.78
Fund with Sales Charge (%) (POP) After Shares Sold 1.37 2.64 2.40 3.85

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 03/31/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.13
Standard Deviation 4.52

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index