Salient Select Income’s yield holds appeal. But its team is depleted, and its substantial risks have led to poor returns. The fund maintains a Morningstar Analyst Rating of Negative across its share classes.
Will KIFCX 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 KIFCX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the KIFCX 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 KIFCX’s parent organization’s priorities and whether they’re in line with investors’ interests.