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FTFBX Franklin NY Tax-Free Income B

  • Fund
  • FTFBX
  • Price as of: N/A
  • N/A
  • N/A
  • N/A
  • Category
  • Uncategorized

FTFBX - Profile

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $6.92 B
  • Holdings in Top 10 11.6%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.15%

SALES FEES

  • Front Load N/A
  • Deferred Load 4.00%

BROKERAGE FEES

  • Turnover 5.55%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of 2005-03-01

STANDARD (TAXABLE)

$1,000

IRA

N/A

Investment Themes

CATEGORY

Uncategorized
  • Fund Type Open End Mutual Fund
  • Investment Style Muni New York Long

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.49%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Franklin New York Tax Free Income Fund
  • Fund Family Name Franklin Templeton Investment Funds
  • Inception Date Dec 31, 1998
  • Shares Outstanding N/A
  • Share Class B
  • Currency USD
  • Domiciled Country United States
  • Manager John Pomeroy

Fund Description

The fund invests at least 80% of its total assets in securities whose interest is free from federal income taxes, including the federal alternative minimum tax, and from New York State personal income taxes. In addition, it invests at least 65% of its total assets, although it generally invests more, in securities that pay interest free from New York City personal income taxes.

FTFBX - Performance

Return Ranking - Trailing

Period FTFBX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD N/A -100.0% 17930.0% N/A N/A
1 Yr 4.0% -100.0% 214.7% 37.01% 2
3 Yr N/A * -100.0% 46.5% N/A N/A
5 Yr N/A * -45.7% 31.2% N/A N/A
10 Yr N/A * -15.3% 14.8% N/A N/A

* Annualized


Return Ranking - Calendar

Period FTFBX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 N/A -37.5% 1.8% N/A N/A
2014 N/A -25.3% 1.4% N/A N/A
2013 N/A 0.0% 3.4% N/A N/A
2012 N/A 0.0% 3.4% N/A N/A
2011 N/A -100.0% 2.0% N/A N/A

Total Return Ranking - Trailing

Period FTFBX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD N/A -100.0% 197.7% N/A N/A
1 Yr 0.0% -100.0% 56.0% 57.43% 3
3 Yr N/A * -45.5% 28.3% N/A N/A
5 Yr N/A * -17.4% 30.3% N/A N/A
10 Yr N/A * -15.3% 14.8% N/A N/A

* Annualized


Total Return Ranking - Calendar

Period FTFBX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 N/A -37.5% 1.8% N/A N/A
2014 N/A 0.0% 3.6% N/A N/A
2013 N/A 0.0% 4.9% N/A N/A
2012 N/A 0.0% 7.1% N/A N/A
2011 N/A -100.0% 6.6% N/A N/A

NAV & Total Return History

FTFBX - Holdings

Filings data as of: Dec 31, 2012

Concentration Analysis

FTFBX Category Low Category High FTFBX % Rank Quintile
Net Assets 6.92 B 0 458 B 1.95% 1
Number of Holdings 450 1 12343 4.51% 1
Net Assets in Top 10 801 M -445 M 63.6 B 5.11% 1
Weighting of Top 10 11.6% 0.0% 1926.5% 38.13% 5

Top 10 Holdings

  1. Sales Tax Asset Receivable Cor Sales 5% 1.47%
  2. Liberty N Y Dev Corp Rev Rev Bds 5.25% 1.46%
  3. Puerto Rico Sales Tax Fing Cor Rev Bd 6% 1.39%
  4. New York N Y City Transitional Bldg A 5% 1.19%
  5. Port Auth 5% 1.17%
  6. Metropolitan Transn Auth 5% 1.05%
  7. Metropolitan Transn Auth 5% 1.04%
  8. Triborough Brdg & Tunl Auth 0.98%
  9. New York N Y City Mun Wtr Fin Rev Bds 5% 0.95%
  10. New York St Twy Auth 5% 0.89%

Asset Allocation

Weighting Category Low Category High FTFBX % Rank Quintile
Bonds
95.84% -93.51% 251.94% 5.48% 1
Cash
4.16% -293.62% 194.16% 16.71% 3
Other
0.00% -87.12% 100.00% 10.45% 5
Convertible Bonds
0.00% 0.00% 107.84% 3.60% 4
Preferred Stocks
0.00% -17.96% 91.81% 5.45% 4
Stocks
0.00% -67.62% 186.18% 26.27% 5

Bond Sector Breakdown

Weighting Category Low Category High FTFBX % Rank Quintile
Municipal
95.84% -0.02% 171.31% 3.38% 1
Cash & Equivalents
4.16% -293.62% 194.16% 17.22% 3
Securitized
0.00% -0.02% 152.16% 13.52% 4
Corporate
0.00% -57.95% 261.62% 20.66% 4
Derivative
0.00% -92.06% 194.39% 2.00% 3
Government
0.00% -115.51% 198.52% 16.56% 4

Bond Geographic Breakdown

Weighting Category Low Category High FTFBX % Rank Quintile
US
95.84% -281.38% 202.92% 4.19% 1
Non US
0.00% -89.46% 274.26% 16.21% 4

FTFBX - Expenses

Operational Fees

FTFBX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.15% 0.00% 1279.35% 18.09% 2
Management Fee 0.45% 0.00% 2.99% 2.13% 2
12b-1 Fee 0.65% 0.00% 1.00% 0.25% 4
Administrative Fee 0.15% 0.00% 465000.00% 1.34% 4

Sales Fees

FTFBX Fees (% of AUM) Category Low Category High FTFBX Rank Quintile
Front Load N/A 0.00% 25.00% N/A N/A
Deferred Load 4.00% 0.50% 6.00% 0.64% 4

Trading Fees

FTFBX Fees (% of AUM) Category Low Category High FTFBX Rank Quintile
Max Redemption Fee N/A 0.00% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FTFBX Fees (% of AUM) Category Low Category High FTFBX Rank Quintile
Turnover 5.55% 0.00% 29155.00% 14.60% 1

FTFBX - Distributions

Dividend Yield Analysis

FTFBX Category Low Category High FTFBX % Rank Quintile
Dividend Yield 0.3% 0.00% 83.00% 19.69% 2

Dividend Distribution Analysis

FTFBX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Daily Annually

Dividend Payout History


Net Income Ratio Analysis

FTFBX Category Low Category High FTFBX % Rank Quintile
Net Income Ratio 3.49% -6.90% 15.79% 7.18% 1

Capital Gain Distribution Analysis

FTFBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

FTFBX - Managers

John Pomeroy

Manager

Start Date

Dec 31, 1989

Tenure

23.18

Tenure Rank

0.3%

Pomeroy is vice president of Franklin Advisers, Inc. He provides research and advice on the purchases and sales of individual securities, and portfolio risk assessment. Pomeroy joined Franklin Templeton Investments in 1986.


James Patrick Conn

Manager

Start Date

Dec 31, 1999

Tenure

13.17

Tenure Rank

1.3%

Conn is a vice president and portfolio manager with Franklin Advisers, Inc, his employer since 1996. He has final authority over all aspects of the Fund's investment portfolio, including but not limited to, purchases and sales of individual securities, portfolio risk assessment, and the management of daily cash balances in accordance with anticipated management requirements. Conn holds the Chartered Financial Analyst designation.


Tenure Analysis

Category Low

0.0

Category High

56.0

Category Average

3.6

Category Mode

1.6