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

Month EndAs of 05/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/1995
Fund without Sales Charge (%) (NAV) 2.98 2.39 2.02 2.43 3.86
Fund with Sales Charge (%) (POP) 1.98 2.39 2.02 2.43 3.86
Bloomberg Barclays Municipal Bond Index (%) 3.98 3.81 3.74 4.14 5.16
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/1995
Fund without Sales Charge (%) (NAV) 3.14 2.13 1.61 2.46 3.82
Fund with Sales Charge (%) (POP) 2.14 2.13 1.61 2.46 3.82
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) 5.32 0.69 1.05 0.57 1.06 8.06 -7.26 6.37 10.63 0.36
Fund with Sales Charge (%) (POP) 4.32 -0.30 0.07 -0.40 0.08 7.06 -8.16 5.37 9.63 -0.61
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 05/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1995
Fund without Sales Charge (%) (NAV) 1.49 2.98 7.34 10.50 27.19 158.68
Fund with Sales Charge (%) (POP) 0.49 1.98 7.34 10.50 27.19 158.68
Bloomberg Barclays Municipal Bond Index (%) 1.24 3.98 11.87 20.17 49.98 252.96
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) -0.03 3.14 6.52 8.33 27.53 154.81
Fund with Sales Charge (%) (POP) -1.03 2.14 6.52 8.33 27.53 154.81
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 05/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.98 2.39 2.02 2.44
Fund without Sales Charge (%) (NAV) After Shares Sold 2.59 2.37 2.13 2.54
Fund with Sales Charge (%) (POP) Before Shares Sold 1.98 2.39 2.02 2.44
Fund with Sales Charge (%) (POP) After Shares Sold 2.00 2.37 2.13 2.54
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.14 2.13 1.61 2.46
Fund without Sales Charge (%) (NAV) After Shares Sold 2.76 2.19 1.83 2.57
Fund with Sales Charge (%) (POP) Before Shares Sold 2.14 2.13 1.61 2.46
Fund with Sales Charge (%) (POP) After Shares Sold 2.16 2.19 1.83 2.57

SALES CHARGE, EXPENSES & FEES As of 07/01/2020 (updated annually)

Gross Expense Ratio 1.22%
Net Expense Ratio [further-information] 1.22%
Max Initial Sales Charge 0.00%
CDSC 1.00%

Volatility Measures [further-information] As of 06/30/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.32
Standard Deviation 3.20

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index