Franklin New York Tax Free Income Fund Class A1 (FNYTX)

Fund Assets	2.56B
Expense Ratio	0.65%
Min. Investment	$1,000
Turnover	14.51%
Dividend (ttm)	0.35
Dividend Yield	3.64%
Dividend Growth	5.55%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	9.71
YTD Return	0.48%
1-Year Return	5.95%
5-Year Return	0.82%
52-Week Low	9.47
52-Week High	10.01
Beta (5Y)	0.32
Holdings	448
Inception Date	Sep 13, 1982

About FNYTX

Franklin New York Tax-Free Income Fund Class A1 is a municipal bond mutual fund designed to provide investors with a high level of income that is exempt from regular federal, New York State, and New York City personal income taxes. The fund invests primarily in municipal securities issued by New York entities, allocating at least 80% of its total assets to instruments whose interest payments are free from federal income taxes, including exemption from the federal alternative minimum tax. This focus makes the fund particularly relevant for residents of New York seeking tax-efficient income solutions. The portfolio's duration typically exceeds six years, with average maturities greater than twelve years, classifying it within the long-term municipal bond category. The fund plays a significant role in the market by offering a targeted option for investors aiming to preserve after-tax income while supporting state and local infrastructure development through its investments in public projects within New York.

• Fund Family: Franklin Templeton Investments
• Category: Muni New York Long
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: FNYTX
• Share Class: Class A1
• Index: Bloomberg Municipal Bond TR

Performance

FNYTX had a total return of 5.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.87%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FEMIX	Fidelity	Fidelity Advisor NY Municipal Inc I	0.53%
FNMAX	Fidelity	Fidelity Advisor NY Municipal Inc A	0.76%
FTFMX	Fidelity	Fidelity New York Municipal Income Fund	0.45%
FNYPX	Fidelity	Fidelity Advisor NY Municipal Inc M	0.72%
FNYCX	Fidelity	Fidelity Advisor NY Municipal Inc C	1.46%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FKTJX	Class R6	0.50%
FNYAX	Advisor Class	0.55%
FNYQX	Class A	0.80%
FNYIX	Class C	1.20%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.03239	Jul 31, 2026
Jun 30, 2026	$0.02922	Jun 30, 2026
May 29, 2026	$0.02981	May 29, 2026
Apr 30, 2026	$0.03015	Apr 30, 2026
Mar 31, 2026	$0.03111	Mar 31, 2026
Feb 27, 2026	$0.02672	Feb 27, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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