Franklin New York Intermediate Tax-Free Income Fund Class A FKNQX Strategy

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Strategy

The investment seeks a high level of income exempt from federal income taxes and New York State and New York City personal income taxes. Under normal market conditions, 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. Although the fund tries to invest all of its assets in tax-free securities, it is possible that up to 20% of the fund's total assets may be invested in securities that pay interest subject to federal or state income taxes.

Ticker
Name
Share Class Type
Investment Status
Morningstar Rating for Funds
Overall
Medalist Rating
Overall
Inception Date
Total Net Assets for Share Class
Adjusted Expense Ratio
Fee Level
Distribution
Minimum Initial Investment
1-Year Net Flow
FNYZX
Franklin New York Intermediate Tax-Free Income Fund Advisor ClassNo LoadOpen $142.64M0.630%Above Average$1,000−$1.68M
FKNIX
Franklin New York Intermediate Tax-Free Income Fund Class A1Front LoadLimited $134.64M0.730%Average$1,000−$19.55M
FKNQX
Franklin New York Intermediate Tax-Free Income Fund Class AFront LoadOpen $87.44M0.880%High$1,000−$2.07M
FKNCX
Franklin New York Intermediate Tax-Free Income Fund Class CLevel LoadOpen $6.13M1.280%Below Average$1,000−$1.94M
FKNRX
Franklin New York Intermediate Tax-Free Income Fund Class R6Retirement, LargeOpen $120.36M0.560%High$1M$10.92M

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