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 10/03/1988
Fund without Sales Charge (%) (NAV) 7.21 3.61 2.69 3.64 5.16
Fund with Sales Charge (%) (POP) 7.21 3.61 2.69 3.64 5.16
Bloomberg Barclays Municipal Bond Index (%) 8.49 5.03 3.57 4.34 5.83
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 10/03/1988
Fund without Sales Charge (%) (NAV) 7.38 2.29 2.90 3.45 5.18
Fund with Sales Charge (%) (POP) 7.38 2.29 2.90 3.45 5.18
Bloomberg Barclays Municipal Bond Index (%) 8.55 3.19 3.66 4.16 5.85

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) 1.30 3.06 1.24 1.16 10.53 -5.78 6.38 11.02 2.17 19.78
Fund with Sales Charge (%) (POP) 1.30 3.06 1.24 1.16 10.53 -5.78 6.38 11.02 2.17 19.78
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 10/03/1988
Fund without Sales Charge (%) (NAV) 6.13 7.21 11.23 14.22 43.01 379.43
Fund with Sales Charge (%) (POP) 6.13 7.21 11.23 14.22 43.01 379.43
Bloomberg Barclays Municipal Bond Index (%) 7.21 8.49 15.84 19.17 53.00 485.14
Quarter EndAs of 09/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/03/1988
Fund without Sales Charge (%) (NAV) 6.02 7.38 7.01 15.39 40.33 378.93
Fund with Sales Charge (%) (POP) 6.02 7.38 7.01 15.39 40.33 378.93
Bloomberg Barclays Municipal Bond Index (%) 6.75 8.55 9.88 19.68 50.38 482.63

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 7.21 3.61 2.70 3.64
Fund without Sales Charge (%) (NAV) After Shares Sold 5.63 3.54 2.86 3.67
Fund with Sales Charge (%) (POP) Before Shares Sold 7.21 3.61 2.70 3.64
Fund with Sales Charge (%) (POP) After Shares Sold 5.63 3.54 2.86 3.67
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 7.38 2.28 2.90 3.45
Fund without Sales Charge (%) (NAV) After Shares Sold 5.75 2.51 3.03 3.51
Fund with Sales Charge (%) (POP) Before Shares Sold 7.38 2.28 2.90 3.45
Fund with Sales Charge (%) (POP) After Shares Sold 5.75 2.51 3.03 3.51

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

Gross Expense Ratio 0.63%
Net Expense Ratio [further-information] 0.63%
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 0.95
Standard Deviation 2.12

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index