FNYIX Performance — Franklin New York Tax Free Income Fund, Class C
Data updated: 2026-07-27
FNYIX returned +1.58% year to date and +7.07% over one year to May 2026. Annualised returns are +3.09% over 3 years and −0.28% over 5 years. The fund trailed its Long-Term Municipal Bond category average: $100 invested three years ago grew to $110, against $112 for the category, and to $107 over one year, against $107. Volatility over the past three years was 6.49% a year. In the 12 months to May 2026 the fund lost a net $145.1M, and assets reached $2.62B.
FNYIX Growth of $100
What $100 invested in Franklin New York Tax Free Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Term Municipal Bond category average over the same months.
| Period | FNYIX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $107 | $107 |
| 3 years (Jun 2023 – May 2026) | $110 | $112 |
| 5 years (Jun 2021 – May 2026) | $99 | $103 |
| Since data start (Sep 2019 – May 2026) | $103 | $109 |
FNYIX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.58% |
| 1 year | +7.07% |
| 3 years (annualised) | +3.09% |
| 5 years (annualised) | −0.28% |
FNYIX Annual Returns
Calendar-year total returns of Franklin New York Tax Free Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.58% |
| 2025 | +2.17% |
| 2024 | +1.32% |
| 2023 | +6.67% |
| 2022 | −12.42% |
| 2021 | +1.28% |
| 2020 | +4.08% |
| 2019 (Sep–Dec) | −0.70% |
FNYIX 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 | +0.5% | +1.6% | −2.3% | +1.3% | +0.6% | — | — | — | — | — | — | — |
| 2025 | 0.0% | +0.9% | −2.3% | −1.0% | −0.8% | +0.7% | −0.9% | +0.8% | +3.3% | +1.4% | +0.1% | 0.0% |
| 2024 | −0.2% | +0.2% | −0.1% | −1.3% | 0.0% | +1.5% | +0.8% | +0.5% | +1.1% | −1.5% | +1.8% | −1.6% |
| 2023 | +3.5% | −2.6% | +2.3% | 0.0% | −0.7% | +1.1% | +0.1% | −1.7% | −3.2% | −2.0% | +7.1% | +3.0% |
| 2022 | −3.1% | −0.9% | −3.5% | −3.7% | +1.5% | −2.8% | +2.9% | −2.8% | −4.5% | −1.3% | +5.5% | −0.1% |
| 2021 | +0.6% | −2.2% | +0.6% | +1.2% | +0.7% | +0.4% | +0.8% | −0.6% | −1.0% | −0.2% | +0.9% | +0.1% |
| 2020 | +1.9% | +1.6% | −4.1% | −2.5% | +3.4% | +1.0% | +1.5% | −0.7% | −0.4% | −0.4% | +2.0% | +0.9% |
| 2019 | — | — | — | — | — | — | — | — | −0.9% | −0.2% | +0.2% | +0.2% |
FNYIX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 6.49%
- 3-year Sharpe ratio: -0.22 (vs 4.5% risk-free rate)
- Best month: +7.12% (Nov 2023)
- Worst month: −3.18% (Sep 2023)
FNYIX Fund Flows
Monthly money in and out of Franklin New York Tax Free Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$145.1M
- 12-month gross sales (incl. reinvestments): $353.7M
- Sales ÷ redemptions: 0.71×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $30.5M | $32.5M | −$2.0M |
| Apr 2026 | $23.5M | $43.2M | −$19.7M |
| Mar 2026 | $25.0M | $34.3M | −$9.3M |
| Feb 2026 | $30.8M | $32.1M | −$1.3M |
| Jan 2026 | $27.6M | $35.7M | −$8.1M |
| Dec 2025 | $32.0M | $61.1M | −$29.1M |
| Nov 2025 | $26.4M | $41.1M | −$14.7M |
| Oct 2025 | $22.9M | $36.2M | −$13.3M |
| Sep 2025 | $23.2M | $42.2M | −$19.0M |
| Aug 2025 | $26.2M | $43.7M | −$17.4M |
| Jul 2025 | $46.5M | $42.0M | $4.5M |
| Jun 2025 | $39.1M | $54.7M | −$15.6M |
FNYIX Assets Under Management
Net assets of Franklin New York Tax Free Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $2.62B |
| 2026-02-28 | $2.68B |
| 2025-11-30 | $2.69B |
| 2025-08-31 | $2.63B |
| 2025-05-31 | $2.66B |
| 2025-02-28 | $2.85B |
| 2024-11-30 | $2.78B |
| 2024-08-31 | $2.79B |
| 2024-05-31 | $2.80B |
| 2024-02-29 | $2.90B |
| 2023-11-30 | $2.87B |
| 2023-08-31 | $2.80B |
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.