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

Month EndAs of 10/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 05/01/1995
Fund without Sales Charge (%) (NAV) 8.23 2.45 3.11 4.42 4.57
Fund with Sales Charge (%) (POP) 7.23 2.45 3.11 4.42 4.57
Bloomberg Barclays Municipal Bond Index (%) 9.42 3.62 3.55 4.40 5.21
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 05/01/1995
Fund without Sales Charge (%) (NAV) 7.50 2.15 3.27 4.23 4.59
Fund with Sales Charge (%) (POP) 6.50 2.15 3.27 4.23 4.59
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) 1.44 3.13 0.57 2.65 13.35 -7.24 10.40 11.80 2.29 26.98
Fund with Sales Charge (%) (POP) 0.46 2.13 -0.40 1.67 12.35 -8.13 9.40 10.80 1.32 25.98
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 10/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1995
Fund without Sales Charge (%) (NAV) 6.68 8.23 7.53 16.55 54.17 198.92
Fund with Sales Charge (%) (POP) 5.68 7.23 7.53 16.55 54.17 198.92
Bloomberg Barclays Municipal Bond Index (%) 6.94 9.42 11.24 19.08 53.88 246.70
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) 6.89 7.50 6.59 17.46 51.35 199.51
Fund with Sales Charge (%) (POP) 5.89 6.50 6.59 17.46 51.35 199.51
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 10/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 8.23 2.45 3.11 4.42
Fund without Sales Charge (%) (NAV) After Shares Sold 6.53 2.75 3.25 4.36
Fund with Sales Charge (%) (POP) Before Shares Sold 7.23 2.45 3.11 4.42
Fund with Sales Charge (%) (POP) After Shares Sold 5.94 2.75 3.25 4.36
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 7.50 2.15 3.27 4.23
Fund without Sales Charge (%) (NAV) After Shares Sold 6.09 2.51 3.38 4.19
Fund with Sales Charge (%) (POP) Before Shares Sold 6.50 2.15 3.27 4.23
Fund with Sales Charge (%) (POP) After Shares Sold 5.50 2.51 3.38 4.19

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 10/31/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.26
Standard Deviation 3.39

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index