Effective Oct. 1, 2022, David Yuen will step down as portfolio manager for Franklin Total Return. This retirement should not disrupt the team or the approach it takes when managing this strategy. While Yuen will relinquish portfolio management responsibilities, he will stay at Franklin until Dec. 7, 2022, in an advisory capacity to ensure a smooth transition. Yuen joined Franklin Templeton in 2000, has been listed on this strategy since 2005, and has over 30 years of industry experience.
Morningstar’s Fund Analysis FBDAX
Will FBDAX 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 FBDAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FBDAX 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 FBDAX’s parent organization’s priorities and whether they’re in line with investors’ interests.