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 04/03/1985
Fund without Sales Charge (%) (NAV) 4.67 3.60 2.72 3.65 5.60
Fund with Sales Charge (%) (POP) 4.67 3.60 2.72 3.65 5.60
Bloomberg Barclays Municipal Bond Index (%) 3.85 3.96 3.19 4.14 6.41
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 04/03/1985
Fund without Sales Charge (%) (NAV) 4.67 3.60 2.72 3.65 5.60
Fund with Sales Charge (%) (POP) 4.67 3.60 2.72 3.65 5.60
Bloomberg Barclays Municipal Bond Index (%) 3.85 3.96 3.19 4.14 6.41

Calendar Year Returns

2019 2018 2017
Fund without Sales Charge (%) (NAV) 6.91 0.45 4.13
Fund with Sales Charge (%) (POP) 6.91 0.45 4.13
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 04/03/1985
Fund without Sales Charge (%) (NAV) 0.53 4.67 11.20 14.36 43.17 573.95
Fund with Sales Charge (%) (POP) 0.53 4.67 11.20 14.36 43.17 573.95
Bloomberg Barclays Municipal Bond Index (%) -0.63 3.85 12.35 17.00 50.11 779.68
Quarter EndAs of 03/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/03/1985
Fund without Sales Charge (%) (NAV) 0.53 4.67 11.20 14.36 43.17 573.95
Fund with Sales Charge (%) (POP) 0.53 4.67 11.20 14.36 43.17 573.95
Bloomberg Barclays Municipal Bond Index (%) -0.63 3.85 12.35 17.00 50.11 779.68

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 4.67 3.60 2.72 3.65
Fund without Sales Charge (%) (NAV) After Shares Sold 3.91 3.45 2.78 3.60
Fund with Sales Charge (%) (POP) Before Shares Sold 4.67 3.60 2.72 3.65
Fund with Sales Charge (%) (POP) After Shares Sold 3.91 3.45 2.78 3.60
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.67 3.60 2.72 3.65
Fund without Sales Charge (%) (NAV) After Shares Sold 3.91 3.45 2.78 3.60
Fund with Sales Charge (%) (POP) Before Shares Sold 4.67 3.60 2.72 3.65
Fund with Sales Charge (%) (POP) After Shares Sold 3.91 3.45 2.78 3.60

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

Gross Expense Ratio 0.56%
Net Expense Ratio [further-information] 0.53%
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 0.84
Sharpe Ratio 0.62
Standard Deviation 2.99

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index