Average Annual Total Returns [further-information] As of 06/30/2019

Month EndAs of 08/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 04/03/1985
Fund without Sales Charge (%) (NAV) 8.26 2.88 3.11 3.90 5.69
Fund with Sales Charge (%) (POP) 8.26 2.88 3.11 3.90 5.69
Bloomberg Barclays Municipal Bond Index (%) 8.72 3.30 3.85 4.62 6.54
Quarter EndAs of 06/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 04/03/1985
Fund without Sales Charge (%) (NAV) 5.99 2.13 2.92 3.89 5.65
Fund with Sales Charge (%) (POP) 5.99 2.13 2.92 3.89 5.65
Bloomberg Barclays Municipal Bond Index (%) 6.71 2.55 3.64 4.72 6.50

Calendar Year Returns

2018 2017
Fund without Sales Charge (%) (NAV) 0.45 4.13
Fund with Sales Charge (%) (POP) 0.45 4.13
Bloomberg Barclays Municipal Bond Index (%) 1.28 5.45

Cumulative Total Returns [further-information] As of 06/30/2019

Month EndAs of 08/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/03/1985
Fund without Sales Charge (%) (NAV) 7.14 8.26 8.89 16.57 46.54 571.87
Fund with Sales Charge (%) (POP) 7.14 8.26 8.89 16.57 46.54 571.87
Bloomberg Barclays Municipal Bond Index (%) 7.61 8.72 10.22 20.77 57.03 785.89
Quarter EndAs of 06/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/03/1985
Fund without Sales Charge (%) (NAV) 4.79 5.99 6.54 15.47 46.47 557.12
Fund with Sales Charge (%) (POP) 4.79 5.99 6.54 15.47 46.47 557.12
Bloomberg Barclays Municipal Bond Index (%) 5.09 6.71 7.85 19.58 58.59 765.16

After-Tax Average Annual Total Returns [further-information] As of 06/30/2019

Month EndAs of 08/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 8.26 2.88 3.11 3.90
Fund without Sales Charge (%) (NAV) After Shares Sold 6.15 2.90 3.10 3.80
Fund with Sales Charge (%) (POP) Before Shares Sold 8.26 2.88 3.11 3.90
Fund with Sales Charge (%) (POP) After Shares Sold 6.15 2.90 3.10 3.80
Quarter EndAs of 06/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.99 2.13 2.92 3.89
Fund without Sales Charge (%) (NAV) After Shares Sold 4.81 2.33 2.97 3.81
Fund with Sales Charge (%) (POP) Before Shares Sold 5.99 2.13 2.92 3.89
Fund with Sales Charge (%) (POP) After Shares Sold 4.81 2.33 2.97 3.81

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 08/31/2019 Updated Monthly, based on a 3-year period

Beta 0.84
Sharpe Ratio 0.44
Standard Deviation 2.97

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index