Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 11/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 04/03/1985
Fund without Sales Charge (%) (NAV) 7.87 4.33 3.50 4.03 5.79
Fund with Sales Charge (%) (POP) 7.87 4.33 3.50 4.03 5.79
Bloomberg Barclays Municipal Bond Index (%) 8.49 5.03 3.57 4.34 6.48
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 04/03/1985
Fund without Sales Charge (%) (NAV) 8.09 3.03 3.65 3.89 5.81
Fund with Sales Charge (%) (POP) 8.09 3.03 3.65 3.89 5.81
Bloomberg Barclays Municipal Bond Index (%) 8.55 3.19 3.66 4.16 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 09/30/2019

Month EndAs of 11/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/03/1985
Fund without Sales Charge (%) (NAV) 6.55 7.87 13.58 18.77 48.48 603.21
Fund with Sales Charge (%) (POP) 6.55 7.87 13.58 18.77 48.48 603.21
Bloomberg Barclays Municipal Bond Index (%) 7.21 8.49 15.84 19.17 53.00 782.56
Quarter EndAs of 09/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/03/1985
Fund without Sales Charge (%) (NAV) 6.29 8.09 9.37 19.61 46.47 601.51
Fund with Sales Charge (%) (POP) 6.29 8.09 9.37 19.61 46.47 601.51
Bloomberg Barclays Municipal Bond Index (%) 6.75 8.55 9.88 19.68 50.38 778.79

After-Tax Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 11/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 7.87 4.34 3.50 4.03
Fund without Sales Charge (%) (NAV) After Shares Sold 5.97 4.06 3.45 3.96
Fund with Sales Charge (%) (POP) Before Shares Sold 7.87 4.34 3.50 4.03
Fund with Sales Charge (%) (POP) After Shares Sold 5.97 4.06 3.45 3.96
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 8.09 3.03 3.65 3.89
Fund without Sales Charge (%) (NAV) After Shares Sold 6.11 3.05 3.57 3.84
Fund with Sales Charge (%) (POP) Before Shares Sold 8.09 3.03 3.65 3.89
Fund with Sales Charge (%) (POP) After Shares Sold 6.11 3.05 3.57 3.84

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 11/30/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio 1.17
Standard Deviation 2.35

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index