Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/1995
Fund without Sales Charge (%) (NAV) 2.80 2.36 1.80 2.73 3.85
Fund with Sales Charge (%) (POP) 1.80 2.36 1.80 2.73 3.85
Bloomberg Barclays Municipal Bond Index (%) 3.85 3.96 3.19 4.14 5.11
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/1995
Fund without Sales Charge (%) (NAV) 2.80 2.36 1.80 2.73 3.85
Fund with Sales Charge (%) (POP) 1.80 2.36 1.80 2.73 3.85
Bloomberg Barclays Municipal Bond Index (%) 3.85 3.96 3.19 4.14 5.11

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 5.81 0.62 2.34 0.57 0.57 9.75 -6.38 5.68 10.24 1.57
Fund with Sales Charge (%) (POP) 4.81 -0.36 1.34 -0.41 -0.40 8.75 -7.30 4.68 9.24 0.59
Bloomberg Barclays Municipal Bond Index (%) 7.54 1.28 5.45 0.25 3.30 9.05 -2.55 6.78 10.70 2.38

Cumulative Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1995
Fund without Sales Charge (%) (NAV) -0.60 2.80 7.26 9.31 30.92 156.59
Fund with Sales Charge (%) (POP) -1.59 1.80 7.26 9.31 30.92 156.59
Bloomberg Barclays Municipal Bond Index (%) -0.63 3.85 12.35 17.00 50.11 246.43
Quarter EndAs of 03/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1995
Fund without Sales Charge (%) (NAV) -0.60 2.80 7.26 9.31 30.92 156.59
Fund with Sales Charge (%) (POP) -1.59 1.80 7.26 9.31 30.92 156.59
Bloomberg Barclays Municipal Bond Index (%) -0.63 3.85 12.35 17.00 50.11 246.43

After-Tax Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.80 2.36 1.80 2.73
Fund without Sales Charge (%) (NAV) After Shares Sold 2.67 2.40 2.00 2.79
Fund with Sales Charge (%) (POP) Before Shares Sold 1.80 2.36 1.80 2.73
Fund with Sales Charge (%) (POP) After Shares Sold 2.07 2.40 2.00 2.79
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.80 2.36 1.80 2.73
Fund without Sales Charge (%) (NAV) After Shares Sold 2.67 2.40 2.00 2.79
Fund with Sales Charge (%) (POP) Before Shares Sold 1.80 2.36 1.80 2.73
Fund with Sales Charge (%) (POP) After Shares Sold 2.07 2.40 2.00 2.79

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 03/31/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.22
Standard Deviation 2.98

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index