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Franklin NY Tax Free Income Adv FNYAX

Quantitative rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 10.05  /  0.17 %
  • Total Assets 2.9 Bil
  • 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.

Summary

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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.

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