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) 5.34 0.94 1.73 2.78 3.74
Fund with Sales Charge (%) (POP) 4.34 0.94 1.73 2.78 3.74
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) 3.92 0.56 1.74 2.97 3.71
Fund with Sales Charge (%) (POP) 2.92 0.56 1.74 2.97 3.71
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) 0.41 1.35 0.56 0.51 8.94 -6.59 5.65 9.76 0.75 15.57
Fund with Sales Charge (%) (POP) -0.57 0.36 -0.42 -0.46 7.94 -7.50 4.65 8.76 -0.22 14.57
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) 4.74 5.34 2.84 8.95 31.56 144.34
Fund with Sales Charge (%) (POP) 3.74 4.34 2.84 8.95 31.56 144.34
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) 3.29 3.92 1.68 9.02 34.05 140.95
Fund with Sales Charge (%) (POP) 2.29 2.92 1.68 9.02 34.05 140.95
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 5.34 0.94 1.73 2.78
Fund without Sales Charge (%) (NAV) After Shares Sold 4.31 1.34 1.98 2.87
Fund with Sales Charge (%) (POP) Before Shares Sold 4.34 0.94 1.73 2.78
Fund with Sales Charge (%) (POP) After Shares Sold 3.71 1.34 1.98 2.87
Quarter EndAs of 06/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.92 0.55 1.74 2.97
Fund without Sales Charge (%) (NAV) After Shares Sold 3.47 1.06 2.01 3.04
Fund with Sales Charge (%) (POP) Before Shares Sold 2.92 0.55 1.74 2.97
Fund with Sales Charge (%) (POP) After Shares Sold 2.87 1.06 2.01 3.04

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

Gross Expense Ratio 1.32%
Net Expense Ratio [further-information] 1.32%
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 -0.23
Standard Deviation 2.33

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index