Franklin U.S. Government Securities’ straightforward process that focuses on a narrow slice of the fixed-income market does not stand out. The strategy’s cheaper share classes earn a Morningstar Analyst Rating of Neutral, while its pricier share classes earn a Negative rating.
Will FRUGX 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 FRUGX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FRUGX 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 FRUGX’s parent organization’s priorities and whether they’re in line with investors’ interests.