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

Month EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 10/07/1983
Fund without Sales Charge (%) (NAV) 7.91 2.48 3.15 4.09 6.36
Fund with Sales Charge (%) (POP) 7.91 2.48 3.15 4.09 6.36
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 10/07/1983
Fund without Sales Charge (%) (NAV) 7.91 2.48 3.15 4.09 6.36
Fund with Sales Charge (%) (POP) 7.91 2.48 3.15 4.09 6.36
Bloomberg Barclays Municipal Bond Index (%) 8.55 3.19 3.66 4.16 6.64

Calendar Year Returns

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

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

Month EndAs of 09/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/07/1983
Fund without Sales Charge (%) (NAV) 6.58 7.91 7.61 16.75 49.31 819.51
Fund with Sales Charge (%) (POP) 6.58 7.91 7.61 16.75 49.31 819.51
Quarter EndAs of 09/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/07/1983
Fund without Sales Charge (%) (NAV) 6.58 7.91 7.61 16.75 49.31 819.51
Fund with Sales Charge (%) (POP) 6.58 7.91 7.61 16.75 49.31 819.51
Bloomberg Barclays Municipal Bond Index (%) 6.75 8.55 9.88 19.68 50.38 909.67

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

Month EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 7.91 2.48 3.15 4.09
Fund without Sales Charge (%) (NAV) After Shares Sold 6.22 2.74 3.28 4.09
Fund with Sales Charge (%) (POP) Before Shares Sold 7.91 2.48 3.15 4.09
Fund with Sales Charge (%) (POP) After Shares Sold 6.22 2.74 3.28 4.09
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 7.91 2.48 3.15 4.09
Fund without Sales Charge (%) (NAV) After Shares Sold 6.22 2.74 3.28 4.09
Fund with Sales Charge (%) (POP) Before Shares Sold 7.91 2.48 3.15 4.09
Fund with Sales Charge (%) (POP) After Shares Sold 6.22 2.74 3.28 4.09

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 10/31/2019 Updated Monthly, based on a 3-year period

Beta 0.80
Sharpe Ratio 0.45
Standard Deviation 2.81

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index