Average Annual Total Returns [further-information] As of 06/30/2019

Month EndAs of 08/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 05/01/1995
Fund without Sales Charge (%) (NAV) 6.50 1.76 2.41 3.44 3.95
Fund with Sales Charge (%) (POP) 5.50 1.76 2.41 3.44 3.95
Bloomberg Barclays Municipal Bond Index (%) 8.72 3.30 3.85 4.62 5.27
Quarter EndAs of 06/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 05/01/1995
Fund without Sales Charge (%) (NAV) 4.55 1.31 2.32 3.55 3.89
Fund with Sales Charge (%) (POP) 3.55 1.31 2.32 3.55 3.89
Bloomberg Barclays Municipal Bond Index (%) 6.71 2.55 3.64 4.72 5.20

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) -0.10 2.46 1.30 0.74 9.84 -5.34 6.92 11.68 -0.91 12.57
Fund with Sales Charge (%) (POP) -1.08 1.46 0.32 -0.24 8.84 -6.26 5.92 10.68 -1.87 11.57
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 06/30/2019

Month EndAs of 08/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1995
Fund without Sales Charge (%) (NAV) 6.10 6.50 5.38 12.67 40.24 156.55
Fund with Sales Charge (%) (POP) 5.10 5.50 5.38 12.67 40.24 156.55
Bloomberg Barclays Municipal Bond Index (%) 7.61 8.72 10.22 20.77 57.03 248.88
Quarter EndAs of 06/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1995
Fund without Sales Charge (%) (NAV) 4.11 4.55 3.97 12.14 41.70 151.74
Fund with Sales Charge (%) (POP) 3.11 3.55 3.97 12.14 41.70 151.74
Bloomberg Barclays Municipal Bond Index (%) 5.09 6.71 7.85 19.58 58.59 240.71

After-Tax Average Annual Total Returns [further-information] As of 06/30/2019

Month EndAs of 08/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.51 1.76 2.41 3.44
Fund without Sales Charge (%) (NAV) After Shares Sold 4.91 1.94 2.49 3.39
Fund with Sales Charge (%) (POP) Before Shares Sold 5.51 1.76 2.41 3.44
Fund with Sales Charge (%) (POP) After Shares Sold 4.32 1.94 2.49 3.39
Quarter EndAs of 06/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.55 1.31 2.32 3.54
Fund without Sales Charge (%) (NAV) After Shares Sold 3.75 1.61 2.44 3.49
Fund with Sales Charge (%) (POP) Before Shares Sold 3.55 1.31 2.32 3.54
Fund with Sales Charge (%) (POP) After Shares Sold 3.16 1.61 2.44 3.49

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

Gross Expense Ratio 1.31%
Net Expense Ratio [further-information] 1.31%
Max Initial Sales Charge 0.00%
CDSC 1.00%

Volatility Measures [further-information] As of 08/31/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.11
Standard Deviation 2.63

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index