Franklin Utilities remains in very experienced hands, but its relatively bland approach has limitations. As a result, its Process rating drops to Average from Above Average, and its Morningstar Analyst Rating falls to Bronze or Neutral, depending on share class fees.
Will FRUAX 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 FRUAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FRUAX 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 FRUAX’s parent organization’s priorities and whether they’re in line with investors’ interests.