Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 10/03/1988
Fund without Sales Charge (%) (NAV) 6.44 3.59 2.63 3.66 5.16
Fund with Sales Charge (%) (POP) 6.44 3.59 2.63 3.66 5.16
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.83
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 10/03/1988
Fund without Sales Charge (%) (NAV) 6.44 3.59 2.63 3.66 5.16
Fund with Sales Charge (%) (POP) 6.44 3.59 2.63 3.66 5.16
Bloomberg Barclays Municipal Bond Index (%) 7.54 4.73 3.53 4.34 5.83

Calendar Year Returns

2019 2018 2017
Fund without Sales Charge (%) (NAV) 6.44 1.33 3.07
Fund with Sales Charge (%) (POP) 6.44 1.33 3.07
Bloomberg Barclays Municipal Bond Index (%) 7.54 1.28 5.45

Cumulative Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/03/1988
Fund without Sales Charge (%) (NAV) 6.44 6.44 11.17 13.86 43.26 381.22
Fund with Sales Charge (%) (POP) 6.44 6.44 11.17 13.86 43.26 381.22
Bloomberg Barclays Municipal Bond Index (%) 7.54 7.54 14.85 18.93 52.95 486.92
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/03/1988
Fund without Sales Charge (%) (NAV) 6.44 6.44 11.17 13.86 43.26 381.22
Fund with Sales Charge (%) (POP) 6.44 6.44 11.17 13.86 43.26 381.22
Bloomberg Barclays Municipal Bond Index (%) 7.54 7.54 14.85 18.93 52.95 486.92

After-Tax Average Annual Total Returns [further-information] As of 12/31/2019

No chart available for this data.
Month EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold
Fund without Sales Charge (%) (NAV) After Shares Sold
Fund with Sales Charge (%) (POP) Before Shares Sold
Fund with Sales Charge (%) (POP) After Shares Sold
No chart available for this data.
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold
Fund without Sales Charge (%) (NAV) After Shares Sold
Fund with Sales Charge (%) (POP) Before Shares Sold
Fund with Sales Charge (%) (POP) After Shares Sold

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

Gross Expense Ratio 0.61%
Net Expense Ratio [further-information] 0.58%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 12/31/2019 Updated Monthly, based on a 3-year period

Beta 0.78
Sharpe Ratio 0.93
Standard Deviation 2.06

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index