Mutual Fund Insights: Franklin NY Tax-Free Income B Fund (FTFBX)

In-depth Analysis of Franklin NY Tax-Free Income B Fund (FTFBX)

3 months 6 months 1 year 3 year 5 year

See Franklin NY Tax-Free Income B Fund (FTFBX) performance details as of January 31, 2010

  

Last Trade: $11.61 on 3/9/2010, Change: 0.00 (0%)

  

Fund Manager - John Pomeroy

Fund Manager Tenure: 21.2 years
Fundmojo Fund Grade: C (Score: 0.58)     (What does this score mean?)

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.  Get more insights on John Pomeroy

  

 What we like about Franklin NY Tax-Free Income B Fund (FTFBX)

Data for Franklin NY Tax-Free Income B Fund (FTFBX) as of January 31, 2010

• Franklin NY Tax-Free Income B Fund (FTFBX) management has been with Franklin NY Tax-Free Income B Fund for 21.2 years
• Franklin NY Tax-Free Income B Fund (FTFBX) has good mid-term performance (3-year return 3.71% vs 3.02% Muni New York Long category average)
• Franklin NY Tax-Free Income B Fund (FTFBX) has good Long-term performance (5-year return 3.36% vs 3.20% Muni New York Long category average)
• Franklin NY Tax-Free Income B Fund (FTFBX) ratio of up-years vs down years is greater than 2
• Franklin NY Tax-Free Income B Fund (FTFBX) is less volatile than its peers as it has a 3-year Standard Deviation of 5.74, lower than category average of 7.67

  

 What we are cautious about Franklin NY Tax-Free Income B Fund (FTFBX)

Data for Franklin NY Tax-Free Income B Fund (FTFBX) as of January 31, 2010

• Franklin NY Tax-Free Income B Fund (FTFBX) has a less-than-ideal short-term performance (1-year return 9.76% vs 13.57% Muni New York Long category average)
• Franklin NY Tax-Free Income B Fund (FTFBX) has a Morningstar rating of 3 and below
• Franklin NY Tax-Free Income B Fund (FTFBX) is less safe compared to its Muni New York Long peers
• Franklin NY Tax-Free Income B Fund (FTFBX) has a higher management fee of 1.16% than its Muni New York Long average of 1.06%
• Franklin NY Tax-Free Income B Fund (FTFBX) carries a 4% load

See Franklin NY Tax-Free Income B Fund (FTFBX) performance details as of January 31, 2010

  

  

Interested in other top mutual funds in similar Muni New York Long category?

Below are some additional Muni New York Long mutual funds generated out of our database

• See top fund managers for Muni New York Long Category Funds
• Browse other funds in Muni New York Long Category

  

Franklin NY Tax-Free Income B Fund (FTFBX) Net Asset

Track net asset change of Franklin NY Tax-Free Income B fund (FTFBX)

Date	Net Asset
01/2010	$84.14M
11/2009	$91.08M
10/2009	$96.14M

More historic net asset information on Franklin NY Tax-Free Income B Fund (FTFBX)

  

Franklin NY Tax-Free Income B Fund (FTFBX) Portfolio Allocation

Track portfolio allocation change of Franklin NY Tax-Free Income B fund (FTFBX)

Date	Cash	Stock	Bond	Other
09/2009	1.56%	0%	98.36%	0.09%
06/2009	0.4%	0%	99.51%	0.09%
03/2009	1.83%	0%	97.55%	0.62%

Click here to see more historic asset allocation information on Franklin NY Tax-Free Income B Fund (FTFBX)

  

Most Recent Top 10 Holdings in Franklin NY Tax-Free Income B Fund (FTFBX)

Discover what Franklin NY Tax-Free Income B Fund (FTFBX) manager is buying

30-Sep-09 SALES TAX ASSET RECEIVABLE COR SALES TAX [1.64%] Puerto Rico Sales Tax Fing Cor Rev Bd 6% [1.6%] New York N Y City Tran Auth 5.25% [1.32%] Liberty N Y Dev Corp Rev Rev Bds 5.25% [1.3%] New York N Y City Transitional Bldg A 5% [1.28%] PORT AUTH N Y & N J CONSOLIDA [1.28%] METROPOLITAN TRANSN AUTH N Y D DEDICATED [1.21%] New York St Dorm Auth 5% [1.2%] METROPOLITAN TRANSN AUTH N Y R REV REF B [1.14%] New York N Y City Transitional 5% [1.06%]

30-Jun-09 Sales Tax Asset Receivable Cor Sales 5% [1.73%] New York N Y City Tran Auth 5.25% [1.47%] Port Auth 5% [1.33%] New York N Y City Indl Dev Agy Liberty R [1.32%] New York N Y City Transitional Bldg A 5% [1.29%] Metropolitan Transn Auth 5% [1.29%] Metropolitan Transn Auth 5% [1.23%] New York N Y City Transitional 5% [1.12%] Liberty N Y Dev Corp Rev Rev Bds 5.25% [1.11%] New York St Dorm Auth 6% [1.1%]

31-Mar-09 Sales Tax Asset Receivable Cor Sales 5% [1.78%] New York N Y City Tran Auth 5.25% [1.56%] Port Auth 5% [1.37%] Metropolitan Transn Auth 5% [1.32%] New York N Y City Transitional Bldg A 5% [1.28%] New York N Y City Indl Dev Agy Liberty R [1.25%] Metropolitan Transn Auth 5% [1.23%] New York St Dorm Auth 6% [1.17%] New York N Y City Transitional 5% [1.17%] New York N Y City Mun Wtr Fin Rev Bds 5% [1.09%]

Click here for Stock Holding Change Map in Franklin NY Tax-Free Income B Fund (FTFBX)

  

Related books and products to Franklin NY Tax-Free Income B Fund (FTFBX)

  

Latest News on Franklin NY Tax-Free Income B (FTFBX)

See what is happening with Franklin NY Tax-Free Income B Fund (FTFBX)

Yahoo! Finance: RSS feed not found See more news on Franklin NY Tax-Free Income B Fund (FTFBX)

 

Books and Resources

 

 

See more information on Franklin NY Tax-Free Income B Fund (FTFBX)

• Franklin NY Tax-Free Income B Fund Insights
• Franklin NY Tax-Free Income B Fund Performance Data
• Franklin NY Tax-Free Income B Fund News
• Franklin NY Tax-Free Income B Fund Score Explaination
• Franklin NY Tax-Free Income B Fund Manager Information
• Historic Franklin NY Tax-Free Income B Fund Asset Allocation Report
• Historic Franklin NY Tax-Free Income B Fund Top 10 Holding Tracking
• Historic Franklin NY Tax-Free Income B Fund Asset Under Management Tracking