Franklin Managed Income lacks a clear edge, and a distribution target may hamper capital-appreciation prospects. It earns a Morningstar Analyst Rating of Neutral across its share classes.
Will FBLAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FBLAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FBLAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of FBLAX’s parent organization’s priorities and whether they’re in line with investors’ interests.