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 05/12/1988
Fund without Sales Charge (%) (NAV) 7.57 2.67 3.02 3.43 5.44
Fund with Sales Charge (%) (POP) 7.57 2.67 3.02 3.43 5.44
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 05/12/1988
Fund without Sales Charge (%) (NAV) 7.57 2.67 3.02 3.43 5.44
Fund with Sales Charge (%) (POP) 7.57 2.67 3.02 3.43 5.44
Bloomberg Barclays Municipal Bond Index (%) 8.55 3.19 3.66 4.16 5.91

Calendar Year Returns

2018 2017
Fund without Sales Charge (%) (NAV) 1.66 2.82
Fund with Sales Charge (%) (POP) 1.66 2.82
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 05/12/1988
Fund without Sales Charge (%) (NAV) 6.38 7.57 8.24 16.03 40.07 427.92
Fund with Sales Charge (%) (POP) 6.38 7.57 8.24 16.03 40.07 427.92
Quarter EndAs of 09/30/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/12/1988
Fund without Sales Charge (%) (NAV) 6.38 7.57 8.24 16.03 40.07 427.92
Fund with Sales Charge (%) (POP) 6.38 7.57 8.24 16.03 40.07 427.92
Bloomberg Barclays Municipal Bond Index (%) 6.75 8.55 9.88 19.68 50.38 506.28

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 7.57 2.67 3.02 3.43
Fund without Sales Charge (%) (NAV) After Shares Sold 5.92 2.89 3.18 3.55
Fund with Sales Charge (%) (POP) Before Shares Sold 7.57 2.67 3.02 3.43
Fund with Sales Charge (%) (POP) After Shares Sold 5.92 2.89 3.18 3.55
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 7.57 2.67 3.02 3.43
Fund without Sales Charge (%) (NAV) After Shares Sold 5.92 2.89 3.18 3.55
Fund with Sales Charge (%) (POP) Before Shares Sold 7.57 2.67 3.02 3.43
Fund with Sales Charge (%) (POP) After Shares Sold 5.92 2.89 3.18 3.55

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

Gross Expense Ratio 0.54%
Net Expense Ratio [further-information] 0.54%
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 0.68
Sharpe Ratio 0.50
Standard Deviation 2.47

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index