FKNIX Performance — Franklin New York Intermediate-Term Tax-Free Income Fund, Class A1
Data updated: 2026-08-27
FKNIX returned +1.76% year to date and +5.74% over one year to Jun 2026. Annualised returns are +3.44% over 3 years and +0.80% over 5 years. The fund trailed its Intermediate Municipal Bond category average: $100 invested three years ago grew to $111, against $111 for the category, and to $106 over one year, against $106. Volatility over the past three years was 4.41% a year. In the 12 months to Jun 2026 the fund lost a net $1.5M, and assets reached $516.80M.
FKNIX Growth of $100
What $100 invested in Franklin New York Intermediate-Term Tax-Free Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | FKNIX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $106 | $106 |
| 3 years (Jul 2023 – Jun 2026) | $111 | $111 |
| 5 years (Jul 2021 – Jun 2026) | $104 | $105 |
| Since data start (Jul 2019 – Jun 2026) | $111 | $112 |
FKNIX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.76% |
| 1 year | +5.74% |
| 3 years (annualised) | +3.44% |
| 5 years (annualised) | +0.80% |
FKNIX Annual Returns
Calendar-year total returns of Franklin New York Intermediate-Term Tax-Free Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.76% |
| 2025 | +4.41% |
| 2024 | +1.04% |
| 2023 | +5.26% |
| 2022 | −7.84% |
| 2021 | +0.85% |
| 2020 | +3.90% |
| 2019 (Jul–Dec) | +1.48% |
FKNIX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.9% | +1.0% | −1.9% | +0.8% | +0.2% | +0.7% | — | — | — | — | — | — |
| 2025 | +0.4% | +0.9% | −1.4% | −0.4% | +0.1% | +0.8% | 0.0% | +0.8% | +1.7% | +0.9% | +0.2% | +0.2% |
| 2024 | −0.2% | +0.1% | −0.2% | −1.0% | −0.4% | +1.1% | +0.9% | +0.9% | +0.7% | −1.3% | +1.2% | −0.9% |
| 2023 | +2.5% | −2.0% | +1.8% | −0.1% | −0.8% | +0.8% | +0.2% | −0.9% | −2.3% | −1.1% | +4.8% | +2.5% |
| 2022 | −2.6% | −0.6% | −3.0% | −2.6% | +1.5% | −1.5% | +2.5% | −2.2% | −3.2% | −0.5% | +3.9% | +0.4% |
| 2021 | +0.8% | −1.8% | +0.4% | +1.0% | +0.2% | +0.3% | +0.7% | −0.4% | −0.9% | −0.4% | +0.7% | +0.2% |
| 2020 | +1.7% | +1.3% | −2.8% | −2.9% | +3.0% | +0.6% | +1.3% | −0.5% | −0.1% | −0.5% | +1.6% | +1.2% |
| 2019 | — | — | — | — | — | — | +0.7% | +1.3% | −0.8% | −0.1% | +0.1% | +0.2% |
FKNIX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 4.41%
- 3-year Sharpe ratio: -0.24 (vs 4.5% risk-free rate)
- Best month: +4.83% (Nov 2023)
- Worst month: −2.26% (Sep 2023)
FKNIX Fund Flows
Monthly money in and out of Franklin New York Intermediate-Term Tax-Free Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$1.5M
- 12-month gross sales (incl. reinvestments): $98.2M
- Sales ÷ redemptions: 0.98×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $3.8M | $7.2M | −$3.4M |
| May 2026 | $6.5M | $4.6M | $1.9M |
| Apr 2026 | $5.8M | $10.0M | −$4.2M |
| Mar 2026 | $7.1M | $5.1M | $2.0M |
| Feb 2026 | $6.2M | $7.3M | −$1.1M |
| Jan 2026 | $6.7M | $6.0M | $715K |
| Dec 2025 | $16.4M | $13.4M | $3.0M |
| Nov 2025 | $7.8M | $6.9M | $872K |
| Oct 2025 | $8.1M | $6.4M | $1.7M |
| Sep 2025 | $11.1M | $16.8M | −$5.7M |
| Aug 2025 | $7.5M | $9.5M | −$2.0M |
| Jul 2025 | $11.1M | $6.5M | $4.6M |
FKNIX Assets Under Management
Net assets of Franklin New York Intermediate-Term Tax-Free Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $516.80M |
| 2026-03-31 | $517.10M |
| 2025-12-31 | $519.04M |
| 2025-09-30 | $510.13M |
| 2025-06-30 | $503.95M |
| 2025-03-31 | $516.83M |
| 2024-12-31 | $527.03M |
| 2024-09-30 | $544.04M |
| 2024-06-30 | $543.82M |
| 2024-03-31 | $555.80M |
| 2023-12-31 | $569.67M |
| 2023-09-30 | $573.01M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.