11.66 Up +0.01 +0.09%
DETAILS
Symbol Value ($)
Morningstar Rating
Previous Close 11.65
Category Muni New York Long
Net Assets 4.52 Bil
Yield 3.94%
Morningstar Risk Below Average
Morningstar Return Average
  • Last NAV update 8/21/2014 4:00 PM ET
INVESTMENT OBJECTIVE
NA
The investment seeks to provide investors with as high a level of income exempt from federal, New York State and New York City personal income taxes as is consistent with prudent investment management and the preservation of shareholders' capital. 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.
CUMULATIVE PERFORMANCE OF $10,000
  2010 2011 2012 2013 2014
Return 0.86% 10.01% 6.40% -4.65% 7.31%
Value ($) 10,085.50 11,095.23 11,804.79 11,256.32 12,079.38
  • Year to date performance as of 8/20/2014 12:00 AM ET
MANAGEMENT & PURCHASE INFO
Symbol Value ($)
Fund Family Franklin Templeton Investments
Fund Manager John Pomeroy
Tenure (Years) 25
Fund Status Open
Minimum Initial Purchase 1,000.00
Minimum IRA Investment NA
Front Load 4.25
Expense Ratio 0.60%
PERFORMANCE
Symbol Value ($)
1 Month 1.37%
3 Months 0.89%
1 Year 8.69%
3 Years* 3.82%
5 Years* 4.54%
  • * Annualized returns
  • Performance as of 8/20/2014 12:00 AM ET
PEER COMPARISON
  FNYTX Muni New York Long
5-Yr Return 4.54% 5.34%
Sharpe Ratio 0.96 1.55
Net Assets 4.52 Bil 251.81 Mil
Avg Market Cap NA NA
Avg P/E NA NA
Portfolio Turnover 5 20
HOLDINGS
Symbol Value ($)
Stocks 0.00%
Cash 3.08%
Fixed Income 96.92%
Other 0.00%
TOP 10 HOLDINGS
NAME % NET ASSETS
Liberty N Y Dev Corp Rev Rev Bds 5.25% 1.84%
Sales Tax Asset Receivable Cor Sales 5% 1.77%
New York N Y City Transitional Bldg A 5% 1.50%
Port Auth 5% 1.48%
Puerto Rico Sales Tax Fing Cor Rev Bd 6% 1.37%
Metropolitan Transn Auth 5% 1.32%
Metropolitan Transn Auth 5% 1.29%
New York N Y City Mun Wtr Fin Rev Bds 5% 1.15%
New York N Y City Transitional Bldg A 6% 1.08%
New York St Twy Auth 5% 1.07%
DATA PROVIDERS

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