As Federated Total Return continues to meet expectations, its two cheapest share classes earn a Morningstar Analyst Rating of Silver, while the rest earn Bronze or Neutral, depending on their pricing.
Will TLRAX 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 TLRAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the TLRAX 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 TLRAX’s parent organization’s priorities and whether they’re in line with investors’ interests.