Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 05/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 3.15 3.14 2.87 3.45 5.41
Fund with Sales Charge (%) (POP) 3.15 3.14 2.87 3.45 5.41
Bloomberg Barclays Municipal Bond Index (%) 3.98 3.81 3.74 4.14 5.87
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 3.97 3.23 2.60 3.54 5.41
Fund with Sales Charge (%) (POP) 3.97 3.23 2.60 3.54 5.41
Bloomberg Barclays Municipal Bond Index (%) 3.85 3.96 3.19 4.14 5.85

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 6.75 1.55 2.25 1.37 2.56 9.19 -5.74 6.93 11.75 1.15
Fund with Sales Charge (%) (POP) 6.75 1.55 2.25 1.37 2.56 9.19 -5.74 6.93 11.75 1.15
Bloomberg Barclays Municipal Bond Index (%) 7.54 1.28 5.45 0.25 3.30 9.05 -2.55 6.78 10.70 2.38

Cumulative Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 1.87 3.67 11.05 16.77 41.75 467.28
Fund with Sales Charge (%) (POP) 1.87 3.67 11.05 16.77 41.75 467.28
Quarter EndAs of 06/30/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 1.87 3.67 11.05 16.77 41.75 467.28
Fund with Sales Charge (%) (POP) 1.87 3.67 11.05 16.77 41.75 467.28

After-Tax Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 05/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.15 3.14 2.87 3.45
Fund without Sales Charge (%) (NAV) After Shares Sold 3.02 3.13 2.97 3.50
Fund with Sales Charge (%) (POP) Before Shares Sold 3.15 3.14 2.87 3.45
Fund with Sales Charge (%) (POP) After Shares Sold 3.02 3.13 2.97 3.50
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.98 3.23 2.60 3.54
Fund without Sales Charge (%) (NAV) After Shares Sold 3.60 3.22 2.76 3.59
Fund with Sales Charge (%) (POP) Before Shares Sold 3.98 3.23 2.60 3.54
Fund with Sales Charge (%) (POP) After Shares Sold 3.60 3.22 2.76 3.59

SALES CHARGE, EXPENSES & FEES As of 07/01/2020 (updated annually)

Gross Expense Ratio 0.56%
Net Expense Ratio [further-information] 0.56%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 06/30/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.54
Standard Deviation 3.53

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index