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) 4.37 3.65 3.18 3.70 5.31
Fund with Sales Charge (%) (POP) 4.37 3.65 3.18 3.70 5.31
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) 4.37 3.65 3.18 3.70 5.31
Fund with Sales Charge (%) (POP) 4.37 3.65 3.18 3.70 5.31
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) 6.57 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 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) 2.26 4.37 11.34 16.92 43.81 446.52
Fund with Sales Charge (%) (POP) 2.26 4.37 11.34 16.92 43.81 446.52
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) 2.26 4.37 11.34 16.92 43.81 446.52
Fund with Sales Charge (%) (POP) 2.26 4.37 11.34 16.92 43.81 446.52
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 4.37 3.65 3.18 3.70
Fund without Sales Charge (%) (NAV) After Shares Sold 3.81 3.54 3.20 3.70
Fund with Sales Charge (%) (POP) Before Shares Sold 4.37 3.65 3.18 3.70
Fund with Sales Charge (%) (POP) After Shares Sold 3.81 3.54 3.20 3.70
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.37 3.65 3.18 3.70
Fund without Sales Charge (%) (NAV) After Shares Sold 3.81 3.54 3.20 3.70
Fund with Sales Charge (%) (POP) Before Shares Sold 4.37 3.65 3.18 3.70
Fund with Sales Charge (%) (POP) After Shares Sold 3.81 3.54 3.20 3.70

SALES CHARGE, EXPENSES & FEES As of 07/01/2020 (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 06/30/2020 Updated Monthly, based on a 3-year period

Beta 0.75
Sharpe Ratio 0.68
Standard Deviation 3.00

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index