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 10/07/1983
Fund without Sales Charge (%) (NAV) 3.90 3.19 2.56 4.06 6.27
Fund with Sales Charge (%) (POP) 3.90 3.19 2.56 4.06 6.27
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 10/07/1983
Fund without Sales Charge (%) (NAV) 3.90 3.19 2.56 4.06 6.27
Fund with Sales Charge (%) (POP) 3.90 3.19 2.56 4.06 6.27

Calendar Year Returns

2019 2018 2017
Fund without Sales Charge (%) (NAV) 7.00 0.75 3.40
Fund with Sales Charge (%) (POP) 7.00 0.75 3.40
Bloomberg Barclays Municipal Bond Index (%) 7.54 1.28 5.45

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 10/07/1983
Fund without Sales Charge (%) (NAV) -0.40 3.90 9.88 13.46 48.90 819.35
Fund with Sales Charge (%) (POP) -0.40 3.90 9.88 13.46 48.90 819.35
Quarter EndAs of 03/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/07/1983
Fund without Sales Charge (%) (NAV) -0.40 3.90 9.88 13.46 48.90 819.35
Fund with Sales Charge (%) (POP) -0.40 3.90 9.88 13.46 48.90 819.35

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 3.90 3.19 2.56 4.06
Fund without Sales Charge (%) (NAV) After Shares Sold 3.71 3.29 2.81 4.07
Fund with Sales Charge (%) (POP) Before Shares Sold 3.90 3.19 2.56 4.06
Fund with Sales Charge (%) (POP) After Shares Sold 3.71 3.29 2.81 4.07
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.90 3.19 2.56 4.06
Fund without Sales Charge (%) (NAV) After Shares Sold 3.71 3.29 2.81 4.07
Fund with Sales Charge (%) (POP) Before Shares Sold 3.90 3.19 2.56 4.06
Fund with Sales Charge (%) (POP) After Shares Sold 3.71 3.29 2.81 4.07

SALES CHARGE, EXPENSES & FEES As of 09/01/2019 (updated annually)

Gross Expense Ratio 0.49%
Net Expense Ratio [further-information] 0.49%
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 0.94
Sharpe Ratio 0.48
Standard Deviation 3.34

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index