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

Month EndAs of 01/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/01/1987
Fund without Sales Charge (%) (NAV) 2.08 1.36 3.08 4.26 5.39
Fund with Sales Charge (%) (POP) 2.08 1.36 3.08 4.26 5.39
Bloomberg Barclays Municipal Bond Index (%) 3.26 2.15 3.58 4.55 5.87
Quarter EndAs of 12/31/2018 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/01/1987
Fund without Sales Charge (%) (NAV) 0.70 1.51 3.37 4.51 5.39
Fund with Sales Charge (%) (POP) 0.70 1.51 3.37 4.51 5.39
Bloomberg Barclays Municipal Bond Index (%) 1.28 2.30 3.82 4.85 5.86

Calendar Year Returns

2018 2017
Fund without Sales Charge (%) (NAV) 0.70 2.59
Fund with Sales Charge (%) (POP) 0.70 2.59
Bloomberg Barclays Municipal Bond Index (%) 1.28 5.45

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

Month EndAs of 01/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 0.45 2.08 4.15 16.38 51.70 419.90
Fund with Sales Charge (%) (POP) 0.45 2.08 4.15 16.38 51.70 419.90
Bloomberg Barclays Municipal Bond Index (%) 0.76 3.26 6.60 19.20 56.10 500.15
Quarter EndAs of 12/31/2018 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 0.70 0.70 4.59 18.03 55.49 417.55
Fund with Sales Charge (%) (POP) 0.70 0.70 4.59 18.03 55.49 417.55
Bloomberg Barclays Municipal Bond Index (%) 1.28 1.28 7.07 20.61 60.60 495.65

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

Month EndAs of 01/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.08 1.36 3.08 4.26
Fund without Sales Charge (%) (NAV) After Shares Sold 2.63 1.86 3.22 4.22
Fund with Sales Charge (%) (POP) Before Shares Sold 2.08 1.36 3.08 4.26
Fund with Sales Charge (%) (POP) After Shares Sold 2.63 1.86 3.22 4.22
Quarter EndAs of 12/31/2018 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 0.70 1.51 3.37 4.51
Fund without Sales Charge (%) (NAV) After Shares Sold 1.81 1.97 3.46 4.44
Fund with Sales Charge (%) (POP) Before Shares Sold 0.70 1.51 3.37 4.51
Fund with Sales Charge (%) (POP) After Shares Sold 1.81 1.97 3.46 4.44

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

Gross Expense Ratio 3.39%
Net Expense Ratio [further-information] 0.56%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 01/31/2019 Updated Monthly, based on a 3-year period

Beta 0.74
Sharpe Ratio 0.10
Standard Deviation 2.54

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.