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) 5.86 2.43 2.98 4.18 5.41
Fund with Sales Charge (%) (POP) 1.89 1.13 2.19 3.78 5.29
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) 4.68 2.04 3.19 4.49 5.38
Fund with Sales Charge (%) (POP) 0.75 0.75 2.40 4.09 5.25
Bloomberg Barclays Municipal Bond Index (%) 5.38 2.71 3.73 4.72 5.91

Calendar Year Returns

2018
Fund without Sales Charge (%) (NAV) 1.08
Fund with Sales Charge (%) (POP) -3.22
Bloomberg Barclays Municipal Bond Index (%) 1.28

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) 4.52 5.86 7.47 15.80 50.61 433.13
Fund with Sales Charge (%) (POP) 0.60 1.89 3.44 11.46 44.96 413.14
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) 2.61 4.68 6.25 17.00 55.10 423.40
Fund with Sales Charge (%) (POP) -1.24 0.75 2.27 12.61 49.28 403.77
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 5.86 2.43 2.98 4.18
Fund without Sales Charge (%) (NAV) After Shares Sold 4.78 2.62 3.10 4.14
Fund with Sales Charge (%) (POP) Before Shares Sold 1.89 1.13 2.19 3.78
Fund with Sales Charge (%) (POP) After Shares Sold 2.38 1.61 2.48 3.80
Quarter EndAs of 03/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.68 2.04 3.19 4.49
Fund without Sales Charge (%) (NAV) After Shares Sold 4.06 2.33 3.28 4.41
Fund with Sales Charge (%) (POP) Before Shares Sold 0.75 0.75 2.40 4.09
Fund with Sales Charge (%) (POP) After Shares Sold 1.68 1.33 2.66 4.07

SALES CHARGE, EXPENSES & FEES As of 09/10/2018 (updated annually)

Gross Expense Ratio 0.85%
Net Expense Ratio [further-information] 0.85%
Max Initial Sales Charge 3.75%
CDSC 0.75%

Volatility Measures [further-information] As of 05/31/2019 Updated Monthly, based on a 3-year period

Beta 0.84
Sharpe Ratio 0.38
Standard Deviation 2.96

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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