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 04/03/1985
Fund without Sales Charge (%) (NAV) 8.14 3.09 3.82 4.23 5.85
Fund with Sales Charge (%) (POP) 8.14 3.09 3.82 4.23 5.85
Bloomberg Barclays Municipal Bond Index (%) 8.72 3.30 3.85 4.62 6.54
Quarter EndAs of 06/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 04/03/1985
Fund without Sales Charge (%) (NAV) 5.91 2.31 3.60 4.23 5.80
Fund with Sales Charge (%) (POP) 5.91 2.31 3.60 4.23 5.80
Bloomberg Barclays Municipal Bond Index (%) 6.71 2.55 3.64 4.72 6.50

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) 0.83 4.74 1.03 3.49 10.26 -4.25 7.55 10.79 -0.28 10.43
Fund with Sales Charge (%) (POP) 0.83 4.74 1.03 3.49 10.26 -4.25 7.55 10.79 -0.28 10.43
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 04/03/1985
Fund without Sales Charge (%) (NAV) 7.02 8.14 9.56 20.63 51.30 606.28
Fund with Sales Charge (%) (POP) 7.02 8.14 9.56 20.63 51.30 606.28
Bloomberg Barclays Municipal Bond Index (%) 7.61 8.72 10.22 20.77 57.03 785.89
Quarter EndAs of 06/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/03/1985
Fund without Sales Charge (%) (NAV) 4.60 5.91 7.10 19.35 51.37 590.33
Fund with Sales Charge (%) (POP) 4.60 5.91 7.10 19.35 51.37 590.33
Bloomberg Barclays Municipal Bond Index (%) 5.09 6.71 7.85 19.58 58.59 765.16

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 8.14 3.09 3.82 4.23
Fund without Sales Charge (%) (NAV) After Shares Sold 6.13 3.09 3.71 4.12
Fund with Sales Charge (%) (POP) Before Shares Sold 8.14 3.09 3.82 4.23
Fund with Sales Charge (%) (POP) After Shares Sold 6.13 3.09 3.71 4.12
Quarter EndAs of 06/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.91 2.31 3.60 4.23
Fund without Sales Charge (%) (NAV) After Shares Sold 4.80 2.50 3.55 4.14
Fund with Sales Charge (%) (POP) Before Shares Sold 5.91 2.31 3.60 4.23
Fund with Sales Charge (%) (POP) After Shares Sold 4.80 2.50 3.55 4.14

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

Gross Expense Ratio 0.55%
Net Expense Ratio [further-information] 0.55%
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 0.54
Standard Deviation 3.02

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index