Franklin High Income benefits from tenured managers and analysts, but its fundamentally focused approach lacks a clear advantage over peers and has produced mixed results. It retains a Morningstar Analyst Rating of Neutral for all share classes.
Will FHAIX 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 FHAIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FHAIX 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 FHAIX’s parent organization’s priorities and whether they’re in line with investors’ interests.