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 04/03/1985
Fund without Sales Charge (%) (NAV) 6.00 2.69 2.96 3.82 5.66
Fund with Sales Charge (%) (POP) 6.00 2.69 2.96 3.82 5.66
Bloomberg Barclays Municipal Bond Index (%) 6.40 2.97 3.58 4.58 6.51
Quarter EndAs of 03/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 04/03/1985
Fund without Sales Charge (%) (NAV) 4.95 2.39 3.18 3.92 5.64
Fund with Sales Charge (%) (POP) 4.95 2.39 3.18 3.92 5.64
Bloomberg Barclays Municipal Bond Index (%) 5.38 2.71 3.73 4.72 6.49

Calendar Year Returns

2018 2017
Fund without Sales Charge (%) (NAV) 1.05 3.49
Fund with Sales Charge (%) (POP) 1.05 3.49
Bloomberg Barclays Municipal Bond Index (%) 1.28 5.45

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 04/03/1985
Fund without Sales Charge (%) (NAV) 4.58 6.00 8.28 15.71 45.50 556.22
Fund with Sales Charge (%) (POP) 4.58 6.00 8.28 15.71 45.50 556.22
Bloomberg Barclays Municipal Bond Index (%) 4.71 6.40 9.16 19.25 56.53 761.98
Quarter EndAs of 03/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/03/1985
Fund without Sales Charge (%) (NAV) 2.79 4.95 7.34 16.96 46.84 545.01
Fund with Sales Charge (%) (POP) 2.79 4.95 7.34 16.96 46.84 545.01
Bloomberg Barclays Municipal Bond Index (%) 2.90 5.38 8.35 20.12 58.55 747.07

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 6.00 2.69 2.96 3.82
Fund without Sales Charge (%) (NAV) After Shares Sold 4.89 2.83 3.08 3.84
Fund with Sales Charge (%) (POP) Before Shares Sold 6.00 2.69 2.96 3.82
Fund with Sales Charge (%) (POP) After Shares Sold 4.89 2.83 3.08 3.84
Quarter EndAs of 03/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.95 2.39 3.18 3.91
Fund without Sales Charge (%) (NAV) After Shares Sold 4.24 2.61 3.26 3.93
Fund with Sales Charge (%) (POP) Before Shares Sold 4.95 2.39 3.18 3.91
Fund with Sales Charge (%) (POP) After Shares Sold 4.24 2.61 3.26 3.93

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

Gross Expense Ratio 0.57%
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

Beta 0.78
Sharpe Ratio 0.47
Standard Deviation 2.83

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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