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 09/01/1987
Fund without Sales Charge (%) (NAV) 4.54 3.28 2.67 3.69 5.29
Fund with Sales Charge (%) (POP) 4.54 3.28 2.67 3.69 5.29
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 4.54 3.28 2.67 3.69 5.29
Fund with Sales Charge (%) (POP) 4.54 3.28 2.67 3.69 5.29

Calendar Year Returns

2019 2018 2017 2016
Fund without Sales Charge (%) (NAV) 6.54 0.65 3.17 1.82
Fund with Sales Charge (%) (POP) 6.54 0.65 3.17 1.82
Bloomberg Barclays Municipal Bond Index (%) 7.54 1.28 5.45 0.25

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 09/01/1987
Fund without Sales Charge (%) (NAV) 0.54 4.54 10.17 14.06 43.67 436.89
Fund with Sales Charge (%) (POP) 0.54 4.54 10.17 14.06 43.67 436.89
Quarter EndAs of 03/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 0.54 4.54 10.17 14.06 43.67 436.89
Fund with Sales Charge (%) (POP) 0.54 4.54 10.17 14.06 43.67 436.89

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 4.54 3.28 2.67 3.69
Fund without Sales Charge (%) (NAV) After Shares Sold 3.98 3.27 2.82 3.70
Fund with Sales Charge (%) (POP) Before Shares Sold 4.54 3.28 2.67 3.69
Fund with Sales Charge (%) (POP) After Shares Sold 3.98 3.27 2.82 3.70
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.54 3.28 2.67 3.69
Fund without Sales Charge (%) (NAV) After Shares Sold 3.98 3.27 2.82 3.70
Fund with Sales Charge (%) (POP) Before Shares Sold 4.54 3.28 2.67 3.69
Fund with Sales Charge (%) (POP) After Shares Sold 3.98 3.27 2.82 3.70

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

Gross Expense Ratio 0.66%
Net Expense Ratio [further-information] 0.66%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 03/31/2020 Updated Monthly, based on a 3-year period

Beta 0.72
Sharpe Ratio 0.61
Standard Deviation 2.61

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index