Weakness in Franklin NY Tax Free Income Adv's People and Process Pillar ratings limits this strategy to a Morningstar Quantitative Rating of Neutral. The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.
- NAV / 1-Day Return 10.05 / 0.17 %
- Total Assets 2.9 Bil
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Adj. Expense Ratio
- Expense Ratio 0.570%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Muni New York Long
- Credit Quality / Interest Rate Sensitivity Medium / Extensive
- Min. Initial Investment 100,000
- Status Open
- TTM Yield 2.87%
- Effective Duration 8.12 years
Morningstar’s Analysis FNYAX
Will FNYAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.