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

Month EndAs of 11/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/1995
Fund without Sales Charge (%) (NAV) 6.57 3.15 2.30 3.01 4.00
Fund with Sales Charge (%) (POP) 5.57 3.15 2.30 3.01 4.00
Bloomberg Barclays Municipal Bond Index (%) 8.49 5.03 3.57 4.34 5.20
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/1995
Fund without Sales Charge (%) (NAV) 6.83 1.78 2.47 2.87 4.02
Fund with Sales Charge (%) (POP) 5.83 1.78 2.47 2.87 4.02
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) 0.15 3.19 0.42 1.81 9.15 -6.79 6.28 10.47 0.61 13.68
Fund with Sales Charge (%) (POP) -0.82 2.19 -0.56 0.82 8.15 -7.69 5.28 9.47 -0.36 12.68
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 11/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1995
Fund without Sales Charge (%) (NAV) 5.51 6.57 9.76 12.05 34.58 161.99
Fund with Sales Charge (%) (POP) 4.51 5.57 9.76 12.05 34.58 161.99
Bloomberg Barclays Municipal Bond Index (%) 7.21 8.49 15.84 19.17 53.00 247.57
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) 5.49 6.83 5.45 13.00 32.71 161.96
Fund with Sales Charge (%) (POP) 4.49 5.83 5.45 13.00 32.71 161.96
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 11/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.57 3.15 2.30 3.01
Fund without Sales Charge (%) (NAV) After Shares Sold 4.91 3.02 2.39 3.03
Fund with Sales Charge (%) (POP) Before Shares Sold 5.57 3.15 2.30 3.01
Fund with Sales Charge (%) (POP) After Shares Sold 4.32 3.02 2.39 3.03
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.83 1.78 2.48 2.87
Fund without Sales Charge (%) (NAV) After Shares Sold 5.09 1.96 2.54 2.91
Fund with Sales Charge (%) (POP) Before Shares Sold 5.83 1.78 2.48 2.87
Fund with Sales Charge (%) (POP) After Shares Sold 4.50 1.96 2.54 2.91

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

Gross Expense Ratio 1.20%
Net Expense Ratio [further-information] 1.20%
Max Initial Sales Charge 0.00%
CDSC 1.00%

Volatility Measures [further-information] As of 11/30/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.72
Standard Deviation 2.16

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index