Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
Franklin NY Intermediate T/F Income C FKNCX
- NAV / 1-Day Return 10.83 / +0.02 %
- Total Assets 557.2 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.270%
- Distribution Fee Level Low
- Share Class Type Level Load
- Category Muni New York Intermediate
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 1.79%
- Effective Duration 5.14 years
USD | NAV as of Mar 28, 2024 | 1-Day Return as of Mar 28, 2024, 10:12 PM GMT+0
Morningstar’s Analysis FKNCX
Will FKNCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- 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 |