Franklin New York Tax Free Income Fund Class C FNYIX Strategy
Strategy
The investment seeks to provide investors with as high a level of income exempt from federal, New York State and New York City personal income taxes as is consistent with prudent investment management and the preservation of shareholders' capital. The fund invests at least 80% of its total assets in securities whose interest is free from federal income taxes, including the federal alternative minimum tax, and from New York State personal income taxes. It also normally invests at least 65% of its total assets, although it generally invests more, in securities that pay interest free from New York City personal income taxes. The fund is non-diversified.
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Ticker
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Name
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Share Class Type
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Investment Status
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Morningstar Rating for Funds
Overall
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Medalist Rating
Overall
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Inception Date
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Total Net Assets for Share Class
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Adjusted Expense Ratio
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Fee Level
Distribution
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Minimum Initial Investment
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1-Year Net Flow
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FNYAX
| Franklin New York Tax Free Income Fund Advisor Class | No Load | Open | $530.70M | 0.550% | Average | $0 | −$70.30M | |||
FNYTX
| Franklin New York Tax Free Income Fund Class A1 | Front Load | Limited | $1.33B | 0.650% | Low | $1,000 | −$187.34M | |||
FNYQX
| Franklin New York Tax Free Income Fund Class A | Front Load | Open | $304.60M | 0.800% | Above Average | $1,000 | −$11.70M | |||
FNYIX
| Franklin New York Tax Free Income Fund Class C | Level Load | Open | $21.86M | 1.200% | Low | $1,000 | −$13.45M | |||
FKTJX
| Franklin New York Tax Free Income Fund Class R6 | Retirement, Large | Open | $140.71M | 0.500% | Below Average | $0 | $10.38M |