Average Annual Total Returns [further-information] As of 12/31/2018

Month EndAs of 02/28/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 10/03/1988
Fund without Sales Charge (%) (NAV) 3.68 1.79 2.86 4.31 5.12
Fund with Sales Charge (%) (POP) 3.68 1.79 2.86 4.31 5.12
Bloomberg Barclays Municipal Bond Index (%) 4.13 2.28 3.44 4.56 5.79
Quarter EndAs of 12/31/2018 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 10/03/1988
Fund without Sales Charge (%) (NAV) 1.30 1.87 3.40 4.88 5.11
Fund with Sales Charge (%) (POP) 1.30 1.87 3.40 4.88 5.11
Bloomberg Barclays Municipal Bond Index (%) 1.28 2.30 3.82 4.85 5.77

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) 1.30 3.06 1.24 1.16 10.53 -5.78 6.38 11.02 2.17 19.78
Fund with Sales Charge (%) (POP) 1.30 3.06 1.24 1.16 10.53 -5.78 6.38 11.02 2.17 19.78
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 12/31/2018

Month EndAs of 02/28/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/03/1988
Fund without Sales Charge (%) (NAV) 0.93 3.68 5.47 15.14 52.53 355.95
Fund with Sales Charge (%) (POP) 0.93 3.68 5.47 15.14 52.53 355.95
Bloomberg Barclays Municipal Bond Index (%) 1.30 4.13 7.00 18.45 56.12 452.87
Quarter EndAs of 12/31/2018 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 10/03/1988
Fund without Sales Charge (%) (NAV) 1.30 1.30 5.71 18.20 60.97 351.75
Fund with Sales Charge (%) (POP) 1.30 1.30 5.71 18.20 60.97 351.75
Bloomberg Barclays Municipal Bond Index (%) 1.28 1.28 7.07 20.61 60.60 445.80

After-Tax Average Annual Total Returns [further-information] As of 12/31/2018

Month EndAs of 02/28/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.68 1.79 2.86 4.31
Fund without Sales Charge (%) (NAV) After Shares Sold 3.52 2.17 3.03 4.27
Fund with Sales Charge (%) (POP) Before Shares Sold 3.68 1.79 2.86 4.31
Fund with Sales Charge (%) (POP) After Shares Sold 3.52 2.17 3.03 4.27
Quarter EndAs of 12/31/2018 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 1.30 1.87 3.40 4.88
Fund without Sales Charge (%) (NAV) After Shares Sold 2.08 2.24 3.47 4.76
Fund with Sales Charge (%) (POP) Before Shares Sold 1.30 1.87 3.40 4.88
Fund with Sales Charge (%) (POP) After Shares Sold 2.08 2.24 3.47 4.76

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

Gross Expense Ratio 0.59%
Net Expense Ratio [further-information] 0.59%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 02/28/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.24
Standard Deviation 2.77

Benchmarks

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

  • Bloomberg Barclays Municipal Bond Index

You need Adobe Acrobat Reader 6.0 or higher to view and print PDF documents. Download a free version from Adobe's website.