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 10/03/1988
Fund without Sales Charge (%) (NAV) 3.18 3.02 2.69 3.00 4.84
Fund with Sales Charge (%) (POP) 3.18 3.02 2.69 3.00 4.84
Bloomberg Barclays Municipal Bond Index (%) 4.45 4.22 3.93 4.21 5.80
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 10/03/1988
Fund without Sales Charge (%) (NAV) 3.18 3.02 2.69 3.00 4.84
Fund with Sales Charge (%) (POP) 3.18 3.02 2.69 3.00 4.84
Bloomberg Barclays Municipal Bond Index (%) 4.45 4.22 3.93 4.21 5.80

Calendar Year Returns

2019 2018 2017
Fund without Sales Charge (%) (NAV) 5.28 1.00 2.04
Fund with Sales Charge (%) (POP) 5.28 1.00 2.04
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 10/03/1988
Fund without Sales Charge (%) (NAV) 1.60 3.18 9.34 14.22 34.46 348.82
Fund with Sales Charge (%) (POP) 1.60 3.18 9.34 14.22 34.46 348.82
Bloomberg Barclays Municipal Bond Index (%) 2.08 4.45 13.20 21.26 51.12 499.11
Quarter EndAs of 06/30/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/03/1988
Fund without Sales Charge (%) (NAV) 1.60 3.18 9.34 14.22 34.46 348.82
Fund with Sales Charge (%) (POP) 1.60 3.18 9.34 14.22 34.46 348.82
Bloomberg Barclays Municipal Bond Index (%) 2.08 4.45 13.20 21.26 51.12 499.11

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 3.18 3.02 2.69 3.00
Fund without Sales Charge (%) (NAV) After Shares Sold 3.14 3.09 2.86 3.16
Fund with Sales Charge (%) (POP) Before Shares Sold 3.18 3.02 2.69 3.00
Fund with Sales Charge (%) (POP) After Shares Sold 3.14 3.09 2.86 3.16
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.18 3.02 2.69 3.00
Fund without Sales Charge (%) (NAV) After Shares Sold 3.14 3.09 2.86 3.16
Fund with Sales Charge (%) (POP) Before Shares Sold 3.18 3.02 2.69 3.00
Fund with Sales Charge (%) (POP) After Shares Sold 3.14 3.09 2.86 3.16

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

Gross Expense Ratio 0.70%
Net Expense Ratio [further-information] 0.64%
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 0.74
Sharpe Ratio 0.46
Standard Deviation 2.92

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index