Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 10/03/1988
Fund without Sales Charge (%) (NAV) 7.52 2.34 2.94 3.47 5.19
Fund with Sales Charge (%) (POP) 7.52 2.34 2.94 3.47 5.19
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 10/03/1988
Fund without Sales Charge (%) (NAV) 7.52 2.34 2.94 3.47 5.19
Fund with Sales Charge (%) (POP) 7.52 2.34 2.94 3.47 5.19
Bloomberg Barclays Municipal Bond Index (%) 8.55 3.19 3.66 4.16 5.85

Calendar Year Returns

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

Cumulative Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/03/1988
Fund without Sales Charge (%) (NAV) 6.14 7.52 7.18 15.57 40.70 379.89
Fund with Sales Charge (%) (POP) 6.14 7.52 7.18 15.57 40.70 379.89
Quarter EndAs of 09/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/03/1988
Fund without Sales Charge (%) (NAV) 6.14 7.52 7.18 15.57 40.70 379.89
Fund with Sales Charge (%) (POP) 6.14 7.52 7.18 15.57 40.70 379.89
Bloomberg Barclays Municipal Bond Index (%) 6.75 8.55 9.88 19.68 50.38 482.63

After-Tax Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 7.52 2.34 2.94 3.47
Fund without Sales Charge (%) (NAV) After Shares Sold 5.85 2.55 3.06 3.54
Fund with Sales Charge (%) (POP) Before Shares Sold 7.52 2.34 2.94 3.47
Fund with Sales Charge (%) (POP) After Shares Sold 5.85 2.55 3.06 3.54
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 7.52 2.34 2.94 3.47
Fund without Sales Charge (%) (NAV) After Shares Sold 5.85 2.55 3.06 3.54
Fund with Sales Charge (%) (POP) Before Shares Sold 7.52 2.34 2.94 3.47
Fund with Sales Charge (%) (POP) After Shares Sold 5.85 2.55 3.06 3.54

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 10/31/2019 Updated Monthly, based on a 3-year period

Beta 0.79
Sharpe Ratio 0.31
Standard Deviation 2.85

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index