Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/1995
Fund without Sales Charge (%) (NAV) 1.12 2.49 2.30 2.53 3.90
Fund with Sales Charge (%) (POP) 0.13 2.49 2.30 2.53 3.90
Bloomberg Barclays Municipal Bond Index (%) 4.45 4.22 3.93 4.21 5.17
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/1995
Fund without Sales Charge (%) (NAV) 1.12 2.49 2.30 2.53 3.90
Fund with Sales Charge (%) (POP) 0.13 2.49 2.30 2.53 3.90
Bloomberg Barclays Municipal Bond Index (%) 4.45 4.22 3.93 4.21 5.17

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 5.98 0.95 2.11 1.02 0.76 8.32 -5.96 5.58 10.17 0.86
Fund with Sales Charge (%) (POP) 4.98 -0.03 1.12 0.04 -0.21 7.32 -6.88 4.58 9.17 -0.11
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 06/30/2020

Month EndAs of 06/30/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1995
Fund without Sales Charge (%) (NAV) -0.51 1.12 7.65 12.03 28.43 162.03
Fund with Sales Charge (%) (POP) -1.49 0.13 7.65 12.03 28.43 162.03
Bloomberg Barclays Municipal Bond Index (%) 2.08 4.45 13.20 21.26 51.12 255.87
Quarter EndAs of 06/30/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/1995
Fund without Sales Charge (%) (NAV) -0.51 1.12 7.65 12.03 28.43 162.03
Fund with Sales Charge (%) (POP) -1.49 0.13 7.65 12.03 28.43 162.03
Bloomberg Barclays Municipal Bond Index (%) 2.08 4.45 13.20 21.26 51.12 255.87

After-Tax Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 1.12 2.49 2.30 2.53
Fund without Sales Charge (%) (NAV) After Shares Sold 1.55 2.53 2.44 2.68
Fund with Sales Charge (%) (POP) Before Shares Sold 0.13 2.49 2.30 2.53
Fund with Sales Charge (%) (POP) After Shares Sold 0.96 2.53 2.44 2.68
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 1.12 2.49 2.30 2.53
Fund without Sales Charge (%) (NAV) After Shares Sold 1.55 2.53 2.44 2.68
Fund with Sales Charge (%) (POP) Before Shares Sold 0.13 2.49 2.30 2.53
Fund with Sales Charge (%) (POP) After Shares Sold 0.96 2.53 2.44 2.68

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 0.21
Standard Deviation 4.14

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index