Average Annual Total Returns [further-information] As of 03/31/2019

Month EndAs of 05/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/01/1987
Fund without Sales Charge (%) (NAV) 5.17 2.31 3.05 3.99 5.30
Fund with Sales Charge (%) (POP) 5.17 2.31 3.05 3.99 5.30
Bloomberg Barclays Municipal Bond Index (%) 6.40 2.97 3.58 4.58 5.94
Quarter EndAs of 03/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/01/1987
Fund without Sales Charge (%) (NAV) 4.12 2.09 3.21 4.19 5.28
Fund with Sales Charge (%) (POP) 4.12 2.09 3.21 4.19 5.28
Bloomberg Barclays Municipal Bond Index (%) 5.38 2.71 3.73 4.72 5.91

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) 0.73 3.92 1.09 2.42 9.88 -6.17 6.98 11.20 1.29 14.30
Fund with Sales Charge (%) (POP) 0.73 3.92 1.09 2.42 9.88 -6.17 6.98 11.20 1.29 14.30
Bloomberg Barclays Municipal Bond Index (%) 1.28 5.45 0.25 3.30 9.05 -2.55 6.78 10.70 2.38 12.91

Cumulative Total Returns [further-information] As of 03/31/2019

Month EndAs of 05/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 3.92 5.17 7.08 16.21 47.88 416.01
Fund with Sales Charge (%) (POP) 3.92 5.17 7.08 16.21 47.88 416.01
Bloomberg Barclays Municipal Bond Index (%) 4.71 6.40 9.16 19.25 56.53 523.69
Quarter EndAs of 03/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 2.24 4.12 6.42 17.09 50.71 407.66
Fund with Sales Charge (%) (POP) 2.24 4.12 6.42 17.09 50.71 407.66
Bloomberg Barclays Municipal Bond Index (%) 2.90 5.38 8.35 20.12 58.55 512.90

After-Tax Average Annual Total Returns [further-information] As of 03/31/2019

Month EndAs of 05/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.17 2.31 3.05 3.99
Fund without Sales Charge (%) (NAV) After Shares Sold 4.42 2.54 3.16 3.98
Fund with Sales Charge (%) (POP) Before Shares Sold 5.17 2.31 3.05 3.99
Fund with Sales Charge (%) (POP) After Shares Sold 4.42 2.54 3.16 3.98
Quarter EndAs of 03/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.12 2.10 3.21 4.19
Fund without Sales Charge (%) (NAV) After Shares Sold 3.78 2.39 3.30 4.16
Fund with Sales Charge (%) (POP) Before Shares Sold 4.12 2.10 3.21 4.19
Fund with Sales Charge (%) (POP) After Shares Sold 3.78 2.39 3.30 4.16

SALES CHARGE, EXPENSES & FEES As of 09/10/2018 (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 05/31/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.34
Standard Deviation 2.95

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index

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