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 09/01/1987
Fund without Sales Charge (%) (NAV) 7.28 2.42 3.04 4.04 5.37
Fund with Sales Charge (%) (POP) 7.28 2.42 3.04 4.04 5.37
Bloomberg Barclays Municipal Bond Index (%) 8.72 3.30 3.85 4.62 5.98
Quarter EndAs of 06/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/01/1987
Fund without Sales Charge (%) (NAV) 5.29 1.95 2.94 4.15 5.34
Fund with Sales Charge (%) (POP) 5.29 1.95 2.94 4.15 5.34
Bloomberg Barclays Municipal Bond Index (%) 6.71 2.55 3.64 4.72 5.93

Calendar Year Returns

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

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 09/01/1987
Fund without Sales Charge (%) (NAV) 6.54 7.28 7.45 16.15 48.59 434.03
Fund with Sales Charge (%) (POP) 6.54 7.28 7.45 16.15 48.59 434.03
Bloomberg Barclays Municipal Bond Index (%) 7.61 8.72 10.22 20.77 57.03 540.99
Quarter EndAs of 06/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 4.40 5.29 5.98 15.58 50.12 423.33
Fund with Sales Charge (%) (POP) 4.40 5.29 5.98 15.58 50.12 423.33
Bloomberg Barclays Municipal Bond Index (%) 5.09 6.71 7.85 19.58 58.59 525.99

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 7.29 2.42 3.04 4.04
Fund without Sales Charge (%) (NAV) After Shares Sold 5.66 2.61 3.13 4.00
Fund with Sales Charge (%) (POP) Before Shares Sold 7.29 2.42 3.04 4.04
Fund with Sales Charge (%) (POP) After Shares Sold 5.66 2.61 3.13 4.00
Quarter EndAs of 06/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.29 1.95 2.94 4.14
Fund without Sales Charge (%) (NAV) After Shares Sold 4.48 2.26 3.06 4.10
Fund with Sales Charge (%) (POP) Before Shares Sold 5.29 1.95 2.94 4.14
Fund with Sales Charge (%) (POP) After Shares Sold 4.48 2.26 3.06 4.10

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] Updated Monthly, based on a 3-year period

Beta
Sharpe Ratio
Standard Deviation

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index