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 10/07/1983
Fund without Sales Charge (%) (NAV) 7.88 2.63 3.36 4.62 6.40
Fund with Sales Charge (%) (POP) 7.88 2.63 3.36 4.62 6.40
Bloomberg Barclays Municipal Bond Index (%) 8.72 3.30 3.85 4.62 6.68
Quarter EndAs of 06/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 10/07/1983
Fund without Sales Charge (%) (NAV) 5.66 1.95 3.22 4.75 6.36
Fund with Sales Charge (%) (POP) 5.66 1.95 3.22 4.75 6.36
Bloomberg Barclays Municipal Bond Index (%) 6.71 2.55 3.64 4.72 6.64

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) 0.79 3.71 0.80 2.54 11.31 -4.36 9.13 12.22 0.95 16.41
Fund with Sales Charge (%) (POP) 0.79 3.71 0.80 2.54 11.31 -4.36 9.13 12.22 0.95 16.41
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 10/07/1983
Fund without Sales Charge (%) (NAV) 7.14 7.88 8.10 17.96 57.16 826.90
Fund with Sales Charge (%) (POP) 7.14 7.88 8.10 17.96 57.16 826.90
Bloomberg Barclays Municipal Bond Index (%) 7.61 8.72 10.22 20.77 57.03 917.83
Quarter EndAs of 06/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/07/1983
Fund without Sales Charge (%) (NAV) 4.71 5.66 5.96 17.17 59.07 805.86
Fund with Sales Charge (%) (POP) 4.71 5.66 5.96 17.17 59.07 805.86
Bloomberg Barclays Municipal Bond Index (%) 5.09 6.71 7.85 19.58 58.59 894.02

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 7.88 2.63 3.36 4.62
Fund without Sales Charge (%) (NAV) After Shares Sold 6.19 2.87 3.46 4.54
Fund with Sales Charge (%) (POP) Before Shares Sold 7.88 2.63 3.36 4.62
Fund with Sales Charge (%) (POP) After Shares Sold 6.19 2.87 3.46 4.54
Quarter EndAs of 06/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.65 1.95 3.22 4.75
Fund without Sales Charge (%) (NAV) After Shares Sold 4.89 2.36 3.37 4.66
Fund with Sales Charge (%) (POP) Before Shares Sold 5.65 1.95 3.22 4.75
Fund with Sales Charge (%) (POP) After Shares Sold 4.89 2.36 3.37 4.66

SALES CHARGE, EXPENSES & FEES As of 09/01/2019 (updated annually)

Gross Expense Ratio 0.53%
Net Expense Ratio [further-information] 0.53%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 08/31/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.41
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