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) 5.55 2.57 3.21 4.43 5.46
Fund with Sales Charge (%) (POP) 5.55 2.57 3.21 4.43 5.46
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) 4.43 2.36 3.47 4.69 5.43
Fund with Sales Charge (%) (POP) 4.43 2.36 3.47 4.69 5.43
Bloomberg Barclays Municipal Bond Index (%) 5.38 2.71 3.73 4.72 5.91

Calendar Year Returns

2018 2017
Fund without Sales Charge (%) (NAV) 0.83 4.15
Fund with Sales Charge (%) (POP) 0.83 4.15
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 09/01/1987
Fund without Sales Charge (%) (NAV) 4.43 5.55 7.91 17.12 54.21 441.10
Fund with Sales Charge (%) (POP) 4.43 5.55 7.91 17.12 54.21 441.10
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) 2.64 4.43 7.25 18.59 58.20 431.82
Fund with Sales Charge (%) (POP) 2.64 4.43 7.25 18.59 58.20 431.82
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 5.55 2.57 3.21 4.43
Fund without Sales Charge (%) (NAV) After Shares Sold 4.71 2.78 3.31 4.37
Fund with Sales Charge (%) (POP) Before Shares Sold 5.55 2.57 3.21 4.43
Fund with Sales Charge (%) (POP) After Shares Sold 4.71 2.78 3.31 4.37
Quarter EndAs of 03/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.43 2.36 3.47 4.69
Fund without Sales Charge (%) (NAV) After Shares Sold 4.03 2.62 3.53 4.61
Fund with Sales Charge (%) (POP) Before Shares Sold 4.43 2.36 3.47 4.69
Fund with Sales Charge (%) (POP) After Shares Sold 4.03 2.62 3.53 4.61

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

Gross Expense Ratio 0.53%
Net Expense Ratio [further-information] 0.53%
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 0.80
Sharpe Ratio 0.41
Standard Deviation 2.86

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.