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

Month EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 02/01/1977
Fund without Sales Charge (%) (NAV) 4.28 4.09 3.36 4.87 5.53
Fund with Sales Charge (%) (POP) 4.28 4.09 3.36 4.87 5.53
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 02/01/1977
Fund without Sales Charge (%) (NAV) 4.28 4.09 3.36 4.87 5.53
Fund with Sales Charge (%) (POP) 4.28 4.09 3.36 4.87 5.53

Calendar Year Returns

2019 2018 2017
Fund without Sales Charge (%) (NAV) 9.16 0.68 5.87
Fund with Sales Charge (%) (POP) 9.16 0.68 5.87
Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index (%) 7.67 1.11 5.63

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

Month EndAs of 03/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 02/01/1977
Fund without Sales Charge (%) (NAV) -1.33 4.28 12.78 17.95 60.87 919.98
Fund with Sales Charge (%) (POP) -1.33 4.28 12.78 17.95 60.87 919.98
Quarter EndAs of 03/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 02/01/1977
Fund without Sales Charge (%) (NAV) -1.33 4.28 12.78 17.95 60.87 919.98
Fund with Sales Charge (%) (POP) -1.33 4.28 12.78 17.95 60.87 919.98

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

Month EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.28 4.09 3.36 4.87
Fund without Sales Charge (%) (NAV) After Shares Sold 3.98 3.97 3.42 4.74
Fund with Sales Charge (%) (POP) Before Shares Sold 4.28 4.09 3.36 4.87
Fund with Sales Charge (%) (POP) After Shares Sold 3.98 3.97 3.42 4.74
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.28 4.09 3.36 4.87
Fund without Sales Charge (%) (NAV) After Shares Sold 3.98 3.97 3.42 4.74
Fund with Sales Charge (%) (POP) Before Shares Sold 4.28 4.09 3.36 4.87
Fund with Sales Charge (%) (POP) After Shares Sold 3.98 3.97 3.42 4.74

SALES CHARGE, EXPENSES & FEES As of 08/01/2019 (updated annually)

Gross Expense Ratio 0.47%
Net Expense Ratio [further-information] 0.47%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 03/31/2020 Updated Monthly, based on a 3-year period

Beta 1.33
Sharpe Ratio 0.53
Standard Deviation 4.74

Benchmarks

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

  • Linked Bloomberg Barclays Muni Bond California Exempt/Muni Bond Index