Franklin New York Tax-Free Income Fund

New investors must invest in new Class A shares. This A1 share class is available only for existing investors as of 9/7/18.

New investors must invest in new Class A shares. This A1 share class is available only for existing investors as of 9/7/18.

Average Annual Total Returns [further-information] As of 04/30/2020

Month EndAs of 04/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/13/1982
Fund without Sales Charge (%) (NAV) 0.54 1.93 1.82 2.78 6.03
Fund with Sales Charge (%) (POP) -3.25 0.65 1.05 2.38 5.92
Linked Bloomberg Barclays New York Muni Bond/10-Year Muni Bond Index (%) 1.17 2.75 2.75 3.63 6.72
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/13/1982
Fund without Sales Charge (%) (NAV) 3.56 2.82 2.20 3.12 6.11
Fund with Sales Charge (%) (POP) -0.35 1.54 1.41 2.73 6.00
Linked Bloomberg Barclays New York Muni Bond/10-Year Muni Bond Index (%) 3.30 3.59 3.01 3.92 6.78

After-Tax Average Annual Total Returns [further-information] As of 04/30/2020

Month EndAs of 04/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 0.54 1.93 1.82 2.77
Fund without Sales Charge (%) (NAV) After Shares Sold 1.47 2.23 2.17 2.98
Fund with Sales Charge (%) (POP) Before Shares Sold -3.25 0.65 1.05 2.38
Fund with Sales Charge (%) (POP) After Shares Sold -0.81 1.24 1.56 2.65
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.56 2.82 2.20 3.12
Fund without Sales Charge (%) (NAV) After Shares Sold 3.31 2.91 2.45 3.24
Fund with Sales Charge (%) (POP) Before Shares Sold -0.35 1.54 1.41 2.73
Fund with Sales Charge (%) (POP) After Shares Sold 0.95 1.91 1.83 2.92

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 7.06 0.43 2.45 0.88 1.51 9.28 -4.65 6.40 10.01 0.86
Fund with Sales Charge (%) (POP) 3.03 -3.83 -1.93 -3.41 -2.80 4.68 -8.71 1.84 5.32 -3.46
Linked Bloomberg Barclays New York Muni Bond/10-Year Muni Bond Index (%) 7.12 1.04 5.09 0.39 3.44 8.60 -2.15 6.21 9.79 2.44

Cumulative Total Returns [further-information] As of 04/30/2020

Month EndAs of 04/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/13/1982
Fund without Sales Charge (%) (NAV) -4.74 -2.90 0.54 5.89 9.44 31.50 803.87
Fund with Sales Charge (%) (POP) -8.29 -6.58 -3.25 1.96 5.35 26.54 769.94
Linked Bloomberg Barclays New York Muni Bond/10-Year Muni Bond Index (%) -4.20 -2.52 1.17 8.48 14.55 42.83 1,053.98
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/13/1982
Fund without Sales Charge (%) (NAV) -0.60 -0.60 3.56 8.72 11.50 36.00 825.27
Fund with Sales Charge (%) (POP) -4.37 -4.37 -0.35 4.68 7.28 30.95 790.54
Linked Bloomberg Barclays New York Muni Bond/10-Year Muni Bond Index (%) -0.81 -0.81 3.30 11.17 15.97 46.84 1,074.19

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 04/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 3.87 3.33 3.82
Standard Deviation (Linked Bloomberg Barclays New York Muni Bond/10-Year Muni Bond Index) 3.66 3.52 3.58
Sharpe Ratio 0.06 0.22 0.58
Information Ratio -0.91 -0.84 -0.76
Tracking Error 0.90 1.10 1.11

ADDITIONAL RISK STATISTICSAs of 04/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 0.98 0.87 1.03
Beta Bear 1.16 0.96 1.02
Bull Bear Capture Ratio 0.86 0.86 0.84
% of Positive Months 66.67 70.00 68.33
Gains/Losses 1.51 1.61 1.79
Maximum Drawdown
6.33 6.33 8.01

SALES CHARGE, EXPENSES & FEES As of 10/01/2019 (updated annually)

Gross Expense Ratio 0.63%
Net Expense Ratio [further-information] 0.63%
Max Initial Sales Charge 3.75%
CDSC 1.00%

Volatility Measures [further-information] As of 04/30/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.06
Standard Deviation 3.87

Benchmarks

A benchmark is a comparable broad-based index that can be used to evaluate a fund's performance.

  • Linked Bloomberg Barclays New York Muni Bond/10-Year Muni Bond Index