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Morningstar

Franklin NY Intermediate T/F Income A1 FKNIX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 10.71  /  −0.09 %
  • Total Assets 551.8 Mil
  • Adj. Expense Ratio
    0.720%
  • Expense Ratio 0.720%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Muni New York Intermediate
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,000
  • Status Limited
  • TTM Yield 2.34%
  • Effective Duration 5.14 years

USD | NAV as of Apr 16, 2024 | 1-Day Return as of Apr 16, 2024, 12:00 AM GMT+0

Morningstar’s Analysis FKNIX

Will FKNIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FKNIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FKNIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FKNIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Franklin NY Intermediate T/ F Income A1 to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FKNIX

More FKNIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 26.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

METROPOLITAN TRANSN AUTH N Y DEDICATED TAX FD 0%

5.39 30.3 Mil
municipal

LONG IS PWR AUTH N Y ELEC SYS REV 4%

2.98 16.8 Mil
municipal

PORT AUTH N Y & N J 5%

2.93 16.5 Mil
municipal

LIBERTY N Y DEV CORP REV 5.25%

2.87 16.1 Mil
municipal

NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5%

2.30 12.9 Mil
municipal

TRIBOROUGH BRDG & TUNL AUTH N Y REVS 0%

1.98 11.1 Mil
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH BLDG AID REV 5%

1.95 11.0 Mil
municipal

NEW YORK ST URBAN DEV CORP REV 5%

1.92 10.8 Mil
municipal

NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%

1.92 10.8 Mil
municipal

NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 4%

1.84 10.3 Mil
municipal