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) 6.76 1.76 2.38 3.32 3.99
Fund with Sales Charge (%) (POP) 5.76 1.76 2.38 3.32 3.99
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) 5.33 1.32 2.34 3.50 3.94
Fund with Sales Charge (%) (POP) 4.33 1.32 2.34 3.50 3.94
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) 0.62 2.34 0.57 0.57 9.75 -6.38 5.68 10.24 1.57 19.02
Fund with Sales Charge (%) (POP) -0.36 1.34 -0.41 -0.40 8.75 -7.30 4.68 9.24 0.59 18.02
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) 6.24 6.76 5.36 12.49 38.65 159.21
Fund with Sales Charge (%) (POP) 5.24 5.76 5.36 12.49 38.65 159.21
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) 4.29 5.33 4.02 12.25 41.05 154.45
Fund with Sales Charge (%) (POP) 3.29 4.33 4.02 12.25 41.05 154.45
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 6.76 1.76 2.38 3.32
Fund without Sales Charge (%) (NAV) After Shares Sold 5.09 1.94 2.47 3.28
Fund with Sales Charge (%) (POP) Before Shares Sold 5.76 1.76 2.38 3.32
Fund with Sales Charge (%) (POP) After Shares Sold 4.50 1.94 2.47 3.28
Quarter EndAs of 06/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.33 1.32 2.34 3.50
Fund without Sales Charge (%) (NAV) After Shares Sold 4.27 1.63 2.45 3.44
Fund with Sales Charge (%) (POP) Before Shares Sold 4.33 1.32 2.34 3.50
Fund with Sales Charge (%) (POP) After Shares Sold 3.68 1.63 2.45 3.44

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 0.10
Standard Deviation 2.82

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index