Franklin New York Tax Free Income Fund has released its latest financial report, revealing significant details about its asset management. As of August 31, 2026, the fund reported total assets of approximately $2.54 billion and net assets of about $2.53 billion. This update is vital as it reflects the fund's ongoing efforts to provide tax-free income to its investors amidst a competitive investment landscape.

The fund's filing, which was submitted on October 27, 2026, includes comprehensive data on its financial performance and investment portfolio. The total liabilities were noted at around $9.43 million, indicating a strong asset-to-liability ratio, which is crucial for maintaining investor confidence.

Background

Franklin New York Tax Free Income Fund is an investment fund incorporated in Florida, primarily focused on providing tax-free income through investments in municipal securities. The fund has been actively filing reports with the SEC under the 1940 Act, with its most recent filings including NPORT-P and N-PX forms. The fund's business address is located at One Franklin Parkway, San Mateo, California.

What the Filing Says

The recent filing, accession number 0002071691-26-024912, details the fund's financial metrics as of August 31, 2026. It states, "Total assets: $2,543,742,969.92; Total liabilities: $9,433,254.15; Net assets: $2,534,309,715.77." This data highlights the fund's robust financial standing and its commitment to its investment strategy.

Impact

This financial update may affect current and potential investors looking for stable, tax-free income options. With a focus on municipal bonds, the fund competes with other investment vehicles in the municipal bond market, which includes various local development corporations and municipalities.

What's Next

The filing does not say what happens next, but it is expected that the fund will continue to monitor its investments and report on its performance in future filings.