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 09/01/1987
Fund without Sales Charge (%) (NAV) 4.57 3.30 2.68 3.71 5.30
Fund with Sales Charge (%) (POP) 4.57 3.30 2.68 3.71 5.30
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/01/1987
Fund without Sales Charge (%) (NAV) 4.57 3.30 2.68 3.71 5.30
Fund with Sales Charge (%) (POP) 4.57 3.30 2.68 3.71 5.30

Calendar Year Returns

2019 2018 2017
Fund without Sales Charge (%) (NAV) 6.57 0.67 3.17
Fund with Sales Charge (%) (POP) 6.57 0.67 3.17
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 09/01/1987
Fund without Sales Charge (%) (NAV) 0.54 4.57 10.23 14.12 43.90 437.33
Fund with Sales Charge (%) (POP) 0.54 4.57 10.23 14.12 43.90 437.33
Quarter EndAs of 03/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 0.54 4.57 10.23 14.12 43.90 437.33
Fund with Sales Charge (%) (POP) 0.54 4.57 10.23 14.12 43.90 437.33

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 4.57 3.30 2.68 3.70
Fund without Sales Charge (%) (NAV) After Shares Sold 4.01 3.28 2.83 3.72
Fund with Sales Charge (%) (POP) Before Shares Sold 4.57 3.30 2.68 3.70
Fund with Sales Charge (%) (POP) After Shares Sold 4.01 3.28 2.83 3.72
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.57 3.30 2.68 3.70
Fund without Sales Charge (%) (NAV) After Shares Sold 4.01 3.28 2.83 3.72
Fund with Sales Charge (%) (POP) Before Shares Sold 4.57 3.30 2.68 3.70
Fund with Sales Charge (%) (POP) After Shares Sold 4.01 3.28 2.83 3.72

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

Gross Expense Ratio 0.65%
Net Expense Ratio [further-information] 0.63%
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 0.72
Sharpe Ratio 0.62
Standard Deviation 2.63

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index