Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 4.64 3.66 3.44 3.60 5.28
Fund with Sales Charge (%) (POP) 4.64 3.66 3.44 3.60 5.28
Bloomberg Barclays Municipal Bond Index (%) 4.45 4.22 3.93 4.21 5.89
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 4.64 3.66 3.44 3.60 5.28
Fund with Sales Charge (%) (POP) 4.64 3.66 3.44 3.60 5.28
Bloomberg Barclays Municipal Bond Index (%) 4.45 4.22 3.93 4.21 5.89

Calendar Year Returns

2019 2018 2017
Fund without Sales Charge (%) (NAV) 6.48 0.75 3.83
Fund with Sales Charge (%) (POP) 6.48 0.75 3.83
Bloomberg Barclays Municipal Bond Index (%) 7.54 1.28 5.45

Cumulative Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 2.46 4.64 11.38 18.41 42.36 441.55
Fund with Sales Charge (%) (POP) 2.46 4.64 11.38 18.41 42.36 441.55
Bloomberg Barclays Municipal Bond Index (%) 2.08 4.45 13.20 21.26 51.12 553.83
Quarter EndAs of 06/30/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 2.46 4.64 11.38 18.41 42.36 441.55
Fund with Sales Charge (%) (POP) 2.46 4.64 11.38 18.41 42.36 441.55
Bloomberg Barclays Municipal Bond Index (%) 2.08 4.45 13.20 21.26 51.12 553.83

After-Tax Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.64 3.66 3.44 3.60
Fund without Sales Charge (%) (NAV) After Shares Sold 3.90 3.53 3.40 3.61
Fund with Sales Charge (%) (POP) Before Shares Sold 4.64 3.66 3.44 3.60
Fund with Sales Charge (%) (POP) After Shares Sold 3.90 3.53 3.40 3.61
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.64 3.66 3.44 3.60
Fund without Sales Charge (%) (NAV) After Shares Sold 3.90 3.53 3.40 3.61
Fund with Sales Charge (%) (POP) Before Shares Sold 4.64 3.66 3.44 3.60
Fund with Sales Charge (%) (POP) After Shares Sold 3.90 3.53 3.40 3.61

SALES CHARGE, EXPENSES & FEES As of 07/01/2020 (updated annually)

Gross Expense Ratio 0.53%
Net Expense Ratio [further-information] 0.52%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 06/30/2020 Updated Monthly, based on a 3-year period

Beta 0.91
Sharpe Ratio 0.57
Standard Deviation 3.57

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index