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) 5.96 1.19 1.51 2.52 3.69
Fund with Sales Charge (%) (POP) 4.96 1.19 1.51 2.52 3.69
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) 5.44 0.92 1.60 2.35 3.71
Fund with Sales Charge (%) (POP) 4.44 0.92 1.60 2.35 3.71
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) 0.41 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 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) 4.25 5.96 3.61 7.78 28.25 143.19
Fund with Sales Charge (%) (POP) 3.25 4.96 3.61 7.78 28.25 143.19
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) 4.25 5.44 2.79 8.25 26.21 143.18
Fund with Sales Charge (%) (POP) 3.25 4.44 2.79 8.25 26.21 143.18
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 5.96 1.19 1.51 2.52
Fund without Sales Charge (%) (NAV) After Shares Sold 4.68 1.54 1.81 2.65
Fund with Sales Charge (%) (POP) Before Shares Sold 4.96 1.19 1.51 2.52
Fund with Sales Charge (%) (POP) After Shares Sold 4.09 1.54 1.81 2.65
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.44 0.92 1.60 2.35
Fund without Sales Charge (%) (NAV) After Shares Sold 4.37 1.33 1.88 2.52
Fund with Sales Charge (%) (POP) Before Shares Sold 4.44 0.92 1.60 2.35
Fund with Sales Charge (%) (POP) After Shares Sold 3.78 1.33 1.88 2.52

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

Sharpe Ratio -0.16
Standard Deviation 2.28

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index