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 12/31/2019

Month EndAs of 02/29/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/13/1982
Fund without Sales Charge (%) (NAV) 9.88 4.22 3.07 3.60 6.24
Fund with Sales Charge (%) (POP) 5.76 2.89 2.28 3.21 6.13
Linked Bloomberg Barclays New York Muni Bond/10-Year Muni Bond Index (%) 8.92 4.98 3.85 4.29 6.90
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 09/13/1982
Fund without Sales Charge (%) (NAV) 7.06 3.27 2.43 3.32 6.16
Fund with Sales Charge (%) (POP) 3.03 1.95 1.65 2.93 6.06
Linked Bloomberg Barclays New York Muni Bond/10-Year Muni Bond Index (%) 7.12 4.39 3.38 4.13 6.85

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 12/31/2019

Month EndAs of 02/29/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/13/1982
Fund without Sales Charge (%) (NAV) 3.65 9.88 13.20 16.32 42.45 864.91
Fund with Sales Charge (%) (POP) -0.28 5.76 8.92 11.93 37.15 828.69
Linked Bloomberg Barclays New York Muni Bond/10-Year Muni Bond Index (%) 2.99 8.92 15.71 20.80 52.17 1,119.18
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/13/1982
Fund without Sales Charge (%) (NAV) 7.06 7.06 10.15 12.78 38.64 830.90
Fund with Sales Charge (%) (POP) 3.03 3.03 5.98 8.52 33.47 795.96
Linked Bloomberg Barclays New York Muni Bond/10-Year Muni Bond Index (%) 7.12 7.12 13.74 18.10 49.92 1,083.78

After-Tax Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 02/29/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 9.88 4.22 3.07 3.60
Fund without Sales Charge (%) (NAV) After Shares Sold 7.08 3.97 3.11 3.61
Fund with Sales Charge (%) (POP) Before Shares Sold 5.76 2.89 2.28 3.21
Fund with Sales Charge (%) (POP) After Shares Sold 4.60 2.93 2.48 3.28
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 7.05 3.27 2.43 3.32
Fund without Sales Charge (%) (NAV) After Shares Sold 5.45 3.27 2.64 3.41
Fund with Sales Charge (%) (POP) Before Shares Sold 3.03 1.95 1.65 2.93
Fund with Sales Charge (%) (POP) After Shares Sold 3.02 2.24 2.02 3.08

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 02/29/2020 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.99
Standard Deviation 2.55

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