FKNIX : Franklin New York Intermediate Tax-Free Income Fund Class A1

FKNIX is a Bond Market Municipal Bond with MODERATE fees.

FKNIX

Franklin New York Intermediate Tax-Free Income Fund Class A1

FI Score

55 /100

Expense Ratio Rating

6 /10

Expense Rating

3 /10

Market Score

6 /10

Category Score

8 /10

Market Size

6 /10

55% FI Score
  • fknix
  • Mutual Fund
  • Bond
  • Municipal Bond

Franklin New York Intermediate Tax-Free Income Fund Class A1

Expenses: 0.69% (Better than 1% of similar funds)

This is an OK choice for a Municipal Bond Bond fund. See why ยป

Fund Summary

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 that pay interest 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.

Largest Holdings

Amount Holding
4.53% METROPOLITAN TRANSN AUTH N Y DEDICATED TAX FD 0%
2.25% NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY MTG REV 2.1%
1.98% PORT AUTH N Y & N J 5%
1.94% SUFFOLK CNTY N Y WTR AUTH WTRWKS REV 3.25%
1.89% LONG IS PWR AUTH N Y ELEC SYS REV 4%
1.85% LIBERTY N Y DEV CORP REV 5.25%
1.62% NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5%
1.52% NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5%
1.42% NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%
1.35% NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4%
1.34% NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5%
1.34% NEW YORK ST URBAN DEV CORP REV 5%
1.33% NEW YORK N Y CITY TRANSITIONAL FIN AUTH BLDG AID REV 5%
1.32% NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5%
1.29% NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%
1.28% NEW YORK N Y 5%
1.26% METROPOLITAN TRANSN AUTH N Y REV 5.5%
1.26% NEW YORK ST TWY AUTH GEN REV 5%
1.25% NEW YORK ST TWY AUTH GEN REV 5%
1.24% NEW YORK ST DORM AUTH REVS 5.5%
1.22% NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 4%
1.22% NEW YORK ST 3.25%
1.21% NASSAU CNTY N Y 4.25%
1.21% MONROE CNTY N Y INDL DEV AGY SCH FAC REV 5%
1.21% TRIBOROUGH BRDG & TUNL AUTH N Y REVS 0%

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