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 04/03/1985
Fund without Sales Charge (%) (NAV) 8.21 3.08 3.68 3.92 5.82
Fund with Sales Charge (%) (POP) 8.21 3.08 3.68 3.92 5.82
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 04/03/1985
Fund without Sales Charge (%) (NAV) 8.21 3.08 3.68 3.92 5.82
Fund with Sales Charge (%) (POP) 8.21 3.08 3.68 3.92 5.82
Bloomberg Barclays Municipal Bond Index (%) 8.55 3.19 3.66 4.16 6.50

Calendar Year Returns

2018 2017
Fund without Sales Charge (%) (NAV) 0.87 4.75
Fund with Sales Charge (%) (POP) 0.87 4.75
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 04/03/1985
Fund without Sales Charge (%) (NAV) 6.41 8.21 9.52 19.79 46.84 602.74
Fund with Sales Charge (%) (POP) 6.41 8.21 9.52 19.79 46.84 602.74
Quarter EndAs of 09/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/03/1985
Fund without Sales Charge (%) (NAV) 6.41 8.21 9.52 19.79 46.84 602.74
Fund with Sales Charge (%) (POP) 6.41 8.21 9.52 19.79 46.84 602.74
Bloomberg Barclays Municipal Bond Index (%) 6.75 8.55 9.88 19.68 50.38 778.79

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 8.21 3.08 3.68 3.92
Fund without Sales Charge (%) (NAV) After Shares Sold 6.19 3.09 3.60 3.86
Fund with Sales Charge (%) (POP) Before Shares Sold 8.21 3.08 3.68 3.92
Fund with Sales Charge (%) (POP) After Shares Sold 6.19 3.09 3.60 3.86
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 8.21 3.08 3.68 3.92
Fund without Sales Charge (%) (NAV) After Shares Sold 6.19 3.09 3.60 3.86
Fund with Sales Charge (%) (POP) Before Shares Sold 8.21 3.08 3.68 3.92
Fund with Sales Charge (%) (POP) After Shares Sold 6.19 3.09 3.60 3.86

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

Gross Expense Ratio 0.53%
Net Expense Ratio [further-information] 0.51%
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 0.85
Sharpe Ratio 0.56
Standard Deviation 2.98

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index