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) 7.45 2.10 2.78 3.62 4.12
Fund with Sales Charge (%) (POP) 6.45 2.10 2.78 3.62 4.12
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) 5.64 1.47 2.57 3.72 4.06
Fund with Sales Charge (%) (POP) 4.64 1.47 2.57 3.72 4.06
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) 0.55 2.77 0.07 2.01 9.15 -5.88 6.48 11.44 0.56 16.13
Fund with Sales Charge (%) (POP) -0.43 1.77 -0.90 1.02 8.15 -6.80 5.48 10.44 -0.41 15.13
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) 6.81 7.45 6.42 14.68 42.76 167.25
Fund with Sales Charge (%) (POP) 5.81 6.45 6.42 14.68 42.76 167.25
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) 4.56 5.64 4.48 13.51 44.02 161.61
Fund with Sales Charge (%) (POP) 3.56 4.64 4.48 13.51 44.02 161.61
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 7.45 2.10 2.78 3.62
Fund without Sales Charge (%) (NAV) After Shares Sold 5.50 2.21 2.79 3.54
Fund with Sales Charge (%) (POP) Before Shares Sold 6.45 2.10 2.78 3.62
Fund with Sales Charge (%) (POP) After Shares Sold 4.90 2.21 2.79 3.54
Quarter EndAs of 06/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.64 1.47 2.57 3.71
Fund without Sales Charge (%) (NAV) After Shares Sold 4.44 1.74 2.65 3.63
Fund with Sales Charge (%) (POP) Before Shares Sold 4.64 1.47 2.57 3.71
Fund with Sales Charge (%) (POP) After Shares Sold 3.84 1.74 2.65 3.63

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

Gross Expense Ratio 1.28%
Net Expense Ratio [further-information] 1.28%
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 0.21
Standard Deviation 2.99

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index