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Franklin Minimum Initial Investment

 
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Minimum Initial Investment breakdown for Franklin

Minimum Initial Investment refers to minimum amount the fund family or category will require an investor to deposit to acquire the very first position in the fund or to open an account. In other words, Minimum Initial Investment is a guarantee that any investment from a purchaser of a fund meets the minimum requirement of the fund.

Franklin

Minimum Initial Investment

=

First Fund Deposit

=
1 K
Fund managers put minimum investment restrictions on fund investments in order to allow the fund to function properly. Minimum restrictions allow fund managers to regulate cash flows of the fund, while guarding it from random trades that may negatively affect fund strategy.
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Franklin Minimum Initial Investment Assessment

Based on recorded statements Franklin NY Intermediate T-F Income C has Minimum Initial Investment of 1 K. This is 93.33% lower than that of Category family, and 94.23% lower than that of Family category, The Minimum Initial Investment for all funds is 99.86% higher than the company.

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Minimum Initial Investment Comparison

Franklin is rated # 5 fund in minimum initial investment among similar funds.
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FKNCX United States NASDAQ
Franklin NY Intermediate T-F Income C
Benchmark S&P 500
Currency: USD - US Dollar
Traded on NASDAQ Stock Exchange
    
    

Other Franklin Fundamentals

Number of Employees1
Probability Of Bankruptcy1.00 %
Annual Yield2.29 %
Year to Date Return0.27 %
One Year Return11.89 %
Three Year Return6.17 %
Five Year Return4.86 %
Ten Year Return4.19 %
Net Asset1.01 B
Minimum Initial Investment1 K
Last Dividend Paid0.02
Holdings Turnover4.90 %
Cash Position Weight2.24 %
Bond Positions Weight97.76 %


 
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