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) 3.38 2.57 1.93 2.87 3.97
Fund with Sales Charge (%) (POP) 2.38 2.57 1.93 2.87 3.97
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) 3.38 2.57 1.93 2.87 3.97
Fund with Sales Charge (%) (POP) 2.38 2.57 1.93 2.87 3.97
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) 6.01 0.97 1.56 0.78 1.79 8.50 -6.31 6.27 10.95 0.48
Fund with Sales Charge (%) (POP) 5.01 -0.02 0.57 -0.20 0.80 7.50 -7.21 5.27 9.95 -0.48
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) -0.16 3.38 7.90 10.02 32.67 163.70
Fund with Sales Charge (%) (POP) -1.15 2.38 7.90 10.02 32.67 163.70
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) -0.16 3.38 7.90 10.02 32.67 163.70
Fund with Sales Charge (%) (POP) -1.15 2.38 7.90 10.02 32.67 163.70
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 3.38 2.57 1.93 2.87
Fund without Sales Charge (%) (NAV) After Shares Sold 2.97 2.55 2.10 2.91
Fund with Sales Charge (%) (POP) Before Shares Sold 2.38 2.57 1.93 2.87
Fund with Sales Charge (%) (POP) After Shares Sold 2.37 2.55 2.10 2.91
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.38 2.57 1.93 2.87
Fund without Sales Charge (%) (NAV) After Shares Sold 2.97 2.55 2.10 2.91
Fund with Sales Charge (%) (POP) Before Shares Sold 2.38 2.57 1.93 2.87
Fund with Sales Charge (%) (POP) After Shares Sold 2.37 2.55 2.10 2.91

SALES CHARGE, EXPENSES & FEES As of 07/01/2019 (updated annually)

Gross Expense Ratio 1.24%
Net Expense Ratio [further-information] 1.24%
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 0.30
Standard Deviation 2.94

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index