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 12/01/1986
Fund without Sales Charge (%) (NAV) 6.60 2.36 3.14 4.12 5.31
Fund with Sales Charge (%) (POP) 6.60 2.36 3.14 4.12 5.31
Bloomberg Barclays Municipal Bond Index (%) 8.72 3.30 3.85 4.62 5.85
Quarter EndAs of 06/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 12/01/1986
Fund without Sales Charge (%) (NAV) 5.19 1.87 3.12 4.23 5.28
Fund with Sales Charge (%) (POP) 5.19 1.87 3.12 4.23 5.28
Bloomberg Barclays Municipal Bond Index (%) 6.71 2.55 3.64 4.72 5.81

Calendar Year Returns

2018 2017
Fund without Sales Charge (%) (NAV) 1.53 2.49
Fund with Sales Charge (%) (POP) 1.53 2.49
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 12/01/1986
Fund without Sales Charge (%) (NAV) 6.02 6.60 7.24 16.71 49.74 444.65
Fund with Sales Charge (%) (POP) 6.02 6.60 7.24 16.71 49.74 444.65
Bloomberg Barclays Municipal Bond Index (%) 7.61 8.72 10.22 20.77 57.03 544.13
Quarter EndAs of 06/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/01/1986
Fund without Sales Charge (%) (NAV) 3.97 5.19 5.71 16.62 51.27 434.13
Fund with Sales Charge (%) (POP) 3.97 5.19 5.71 16.62 51.27 434.13
Bloomberg Barclays Municipal Bond Index (%) 5.09 6.71 7.85 19.58 58.59 529.06

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 6.60 2.36 3.14 4.12
Fund without Sales Charge (%) (NAV) After Shares Sold 5.43 2.66 3.29 4.13
Fund with Sales Charge (%) (POP) Before Shares Sold 6.60 2.36 3.14 4.12
Fund with Sales Charge (%) (POP) After Shares Sold 5.43 2.66 3.29 4.13
Quarter EndAs of 06/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.19 1.87 3.12 4.23
Fund without Sales Charge (%) (NAV) After Shares Sold 4.63 2.30 3.30 4.24
Fund with Sales Charge (%) (POP) Before Shares Sold 5.19 1.87 3.12 4.23
Fund with Sales Charge (%) (POP) After Shares Sold 4.63 2.30 3.30 4.24

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

Gross Expense Ratio 0.57%
Net Expense Ratio [further-information] 0.54%
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 0.63
Sharpe Ratio 0.37
Standard Deviation 2.34

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index