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 05/31/2020

Month EndAs of 05/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/13/1982
Fund without Sales Charge (%) (NAV) 2.75 2.87 2.48 3.07 6.11
Fund with Sales Charge (%) (POP) -1.08 1.56 1.70 2.67 6.00
Linked Bloomberg Barclays New York Muni Bond/10-Year Muni Bond Index (%) 3.01 3.29 3.43 3.87 6.79
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 05/31/2020

Month EndAs of 05/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.75 2.87 2.48 3.07
Fund without Sales Charge (%) (NAV) After Shares Sold 2.76 2.93 2.66 3.19
Fund with Sales Charge (%) (POP) Before Shares Sold -1.08 1.56 1.70 2.67
Fund with Sales Charge (%) (POP) After Shares Sold 0.45 1.91 2.05 2.86
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 05/31/2020

Month EndAs of 05/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/13/1982
Fund without Sales Charge (%) (NAV) -3.06 0.48 2.75 8.86 13.02 35.27 835.37
Fund with Sales Charge (%) (POP) -6.70 -3.33 -1.08 4.75 8.79 30.18 800.26
Linked Bloomberg Barclays New York Muni Bond/10-Year Muni Bond Index (%) -2.29 0.63 3.01 10.20 18.36 46.17 1,091.20
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 05/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 4.31 3.64 3.95
Standard Deviation (Linked Bloomberg Barclays New York Muni Bond/10-Year Muni Bond Index) 3.97 3.75 3.70
Sharpe Ratio 0.28 0.38 0.63
Information Ratio -0.55 -0.86 -0.71
Tracking Error 0.75 1.10 1.11

ADDITIONAL RISK STATISTICSAs of 05/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 1.12 0.98 1.04
Beta Bear 1.16 0.94 1.02
Bull Bear Capture Ratio 0.92 0.88 0.85
% of Positive Months 66.67 70.00 68.33
Gains/Losses 1.76 1.82 1.87
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 05/31/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.28
Standard Deviation 4.31

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