The experience of Templeton Global Total Return's team is extensive, but concerns related to the level and complexity of risk-taking in its process supports a downgrade of all the strategy’s share classes’ Morningstar Analyst Ratings to Neutral.
Templeton Global Total Return A TGTRX
NAV / 1-Day Return
9.08
/
0.11
%
Total Assets
1.2 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.050%
Expense Ratio
1.050%
Fee Level
Average
Longest Manager Tenure
13.06
years
Category
Nontraditional Bond
Credit Quality / Interest Rate Sensitivity
Low / LimitedMin. Initial Investment
1,000
Status
Open
TTM Yield
7.07%
Effective Duration
2.04
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will TGTRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TGTRX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the TGTRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of TGTRX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Concerns over risk management overwhelm this strategy’s strengths.
