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Trending ETFs

Loomis Sayles Investment Grade Bond Fund

mutual fund
LSIIX
Payout Change
Pending
Price as of:
$9.7 +0.01 +0.1%
primary theme
U.S. Intermediate-Term Bond Duration
share class
Y (LSIIX) C (LGBCX) Admin (LIGAX) A (LIGRX) N (LGBNX)
LSIIX (Mutual Fund)

Loomis Sayles Investment Grade Bond Fund

Payout Change
Pending
Price as of:
$9.7 +0.01 +0.1%
primary theme
U.S. Intermediate-Term Bond Duration
share class
Y (LSIIX) C (LGBCX) Admin (LIGAX) A (LIGRX) N (LGBNX)
LSIIX (Mutual Fund)

Loomis Sayles Investment Grade Bond Fund

Payout Change
Pending
Price as of:
$9.7 +0.01 +0.1%
primary theme
U.S. Intermediate-Term Bond Duration
share class
Y (LSIIX) C (LGBCX) Admin (LIGAX) A (LIGRX) N (LGBNX)

Name

As of 12/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Loomis Sayles Investment Grade Bond Fund

LSIIX | Fund

$9.70

$11 B

6.16%

$0.60

0.56%

Vitals

YTD Return

2.6%

1 yr return

2.9%

3 Yr Avg Return

-0.7%

5 Yr Avg Return

1.8%

Net Assets

$11 B

Holdings in Top 10

23.4%

52 WEEK LOW AND HIGH

$9.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.56%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 27.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$100,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Loomis Sayles Investment Grade Bond Fund

LSIIX | Fund

$9.70

$11 B

6.16%

$0.60

0.56%

LSIIX - Profile

Distributions

  • YTD Total Return 2.6%
  • 3 Yr Annualized Total Return -0.7%
  • 5 Yr Annualized Total Return 1.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.49%
DIVIDENDS
  • Dividend Yield 6.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Loomis Sayles Investment Grade Bond Fund
  • Fund Family Name
    Natixis Funds
  • Inception Date
    Feb 01, 2013
  • Shares Outstanding
    N/A
  • Share Class
    Y
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Elaine Stokes

Fund Description

Under normal circumstances, the Fund will invest at least 80% of its net assets (plus any borrowings made for investment purposes) in investment grade fixed-income securities (for example, bonds and other investments that the Adviser believes have similar economic characteristics, such as notes, debentures and loans). “Investment grade” securities are those securities that are rated in one of the top four categories at the time of purchase by at least one of the three major rating agencies — Moody’s Investors Service, Inc. (“Moody’s”), Fitch Investor Services, Inc. (“Fitch”) or S&P Global Ratings (“S&P”) or, if unrated, are determined by the Adviser to be of comparable quality. Although the Fund invests primarily in investment grade fixed-income securities, it may invest up to 15% of its assets in below investment grade fixed-income securities (also known as “junk bonds”). There is no minimum rating for the securities in which the Fund may invest. The Fund may invest in fixed-income securities of any maturity.
In deciding which securities to buy and sell, the Adviser will consider, among other things, the financial strength of the issuer, current interest rates, current valuations, the Adviser’s expectations regarding future changes in interest rates and comparisons of the level of risk associated with particular investments with the Adviser’s expectations concerning the potential return of those investments.
Three themes typically drive the Fund’s investment approach. First, the Adviser generally seeks fixed-income securities of issuers whose credit profiles it believes are improving. Second, the Fund may invest significantly in securities the prices of which the Adviser believes are more sensitive to events related to the underlying issuer than to changes in general interest rates or overall market default rates. The Adviser believes that the Fund may generate positive returns by having a portion of the Fund’s assets invested in non-market-related securities, rather than by relying primarily on changes in interest rates to produce returns for the Fund. Third, the Adviser analyzes different sectors of the economy and differences in the yields (“spreads”) of various fixed-income securities in an effort to find securities that it believes may produce attractive returns for the Fund in comparison to their risk. The Adviser generally prefers securities that are protected against calls (early redemption by the issuer).
In connection with its principal investment strategies, the Fund may invest up to 30% of its assets in U.S. dollar-denominated foreign securities, including emerging markets securities. The Fund may also invest in U.S. dollar-denominated obligations of supranational entities without limit (e.g., the World Bank). Although certain securities purchased by the Fund may be issued by domestic companies incorporated outside of the United States, the Adviser does not consider these securities to be foreign if the issuer is included in the U.S. fixed-income indices published by Bloomberg. The Fund may also invest in corporate securities, U.S. government securities, commercial paper, zero-coupon securities, collateralized loan obligations, mortgage-backed securities, including mortgage dollar rolls, stripped mortgage-backed securities and collateralized mortgage obligations and other asset-backed securities, when-issued securities, convertible securities, securities issued pursuant to Rule 144A under the Securities Act of 1933 (“Rule 144A securities”), other privately placed investments such as private credit investments, and structured notes. The Fund may also invest in futures, forward contracts and swaps (including credit default swaps) for hedging and investment purposes. Except as provided above or as required by applicable law, the Fund is not limited in the percentage of its assets that it may invest in these instruments.
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LSIIX - Performance

Return Ranking - Trailing

Period LSIIX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.6% -7.8% 11.6% 19.81%
1 Yr 2.9% -7.5% 11.7% 16.80%
3 Yr -0.7%* -11.0% 27.4% 6.08%
5 Yr 1.8%* -7.6% 58.4% 3.92%
10 Yr 2.5%* -3.0% 73.8% 7.17%

* Annualized

Return Ranking - Calendar

Period LSIIX Return Category Return Low Category Return High Rank in Category (%)
2023 2.9% -16.2% 8.1% 14.14%
2022 -14.1% -34.7% 131.9% 10.74%
2021 -3.8% -11.6% 4.4% 67.85%
2020 2.8% -9.9% 946.1% 70.31%
2019 5.2% -1.7% 16.9% 65.31%

Total Return Ranking - Trailing

Period LSIIX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.6% -7.8% 11.6% 19.81%
1 Yr 2.9% -7.5% 11.7% 16.80%
3 Yr -0.7%* -11.0% 27.4% 6.08%
5 Yr 1.8%* -7.6% 58.4% 3.92%
10 Yr 2.5%* -3.0% 73.8% 7.17%

* Annualized

Total Return Ranking - Calendar

Period LSIIX Return Category Return Low Category Return High Rank in Category (%)
2023 7.5% -11.3% 11.9% 9.67%
2022 -11.3% -32.2% 131.9% 7.87%
2021 0.2% -9.4% 9.2% 18.46%
2020 11.6% -1.9% 1009.0% 9.21%
2019 9.0% 1.1% 21668.0% 42.62%

NAV & Total Return History

LSIIX - Holdings

Concentration Analysis

LSIIX Category Low Category High LSIIX % Rank
Net Assets 11 B 2.9 M 314 B 16.89%
Number of Holdings 993 1 17880 41.64%
Net Assets in Top 10 3.41 B 1.62 M 35.1 B 14.12%
Weighting of Top 10 23.41% 4.7% 3984.6% 47.03%

Top 10 Holdings

  1. U.S. Treasury Notes 9.05%
  2. U.S. Treasury Notes 3.62%
  3. FIXED INC CLEARING CORP.REPO 3.38%
  4. U.S. Treasury Notes 1.37%
  5. U.S. Treasury Notes 1.17%
  6. U.S. Treasury Notes 1.16%
  7. U.S. Treasury Notes 1.14%
  8. U.S. Treasury Notes 0.88%
  9. U.S. Treasury Notes 0.85%
  10. U.S. Treasury Bonds 0.80%

Asset Allocation

Weighting Return Low Return High LSIIX % Rank
Bonds 		83.61% 0.00% 9231.88% 86.74%
Other 		15.64% -27.25% 1695.17% 10.80%
Convertible Bonds 		3.31% 0.00% 7.93% 6.38%
Cash 		0.75% -54.51% 237.69% 81.10%
Stocks 		0.00% 0.00% 99.98% 44.35%
Preferred Stocks 		0.00% 0.00% 72.34% 38.53%

Bond Sector Breakdown

Weighting Return Low Return High LSIIX % Rank
Corporate 		56.62% 0.00% 100.00% 4.29%
Securitized 		23.80% 0.00% 98.40% 71.34%
Government 		10.56% 0.00% 86.23% 84.10%
Municipal 		0.13% 0.00% 100.00% 64.64%
Cash & Equivalents 		0.00% 0.00% 237.69% 91.07%
Derivative 		-0.08% -6.56% 43.84% 77.88%

Bond Geographic Breakdown

Weighting Return Low Return High LSIIX % Rank
US 		83.61% 0.00% 9042.62% 84.22%
Non US 		0.00% 0.00% 189.26% 48.08%

LSIIX - Expenses

Operational Fees

LSIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.56% 0.01% 39.64% 63.64%
Management Fee 0.40% 0.00% 1.76% 63.17%
12b-1 Fee 0.00% 0.00% 1.00% 2.41%
Administrative Fee N/A 0.01% 0.50% 94.64%

Sales Fees

LSIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

LSIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

LSIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 27.00% 2.00% 493.39% 6.07%

LSIIX - Distributions

Dividend Yield Analysis

LSIIX Category Low Category High LSIIX % Rank
Dividend Yield 6.16% 0.00% 10.11% 15.03%

Dividend Distribution Analysis

LSIIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly SemiAnnual Monthly Quarterly

Net Income Ratio Analysis

LSIIX Category Low Category High LSIIX % Rank
Net Income Ratio 2.49% -1.28% 4.79% 10.73%

Capital Gain Distribution Analysis

LSIIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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LSIIX - Fund Manager Analysis

Managers

Elaine Stokes

Start Date

Tenure

Tenure Rank

Sep 30, 2006

15.68

15.7%

Elaine M. Stokes is an Executive Vice President and a member of the Board of Directors of Loomis Sayles. She has joined Loomis Sayles in 1988. Prior to becoming a portfolio manager in 2000, she had experience working in high yield, global and emerging markets, serving as a senior fixed-income trader and portfolio specialist. Ms. Stokes is co-head and founder of the Loomis Sayles Women's Network group and is on the executive board for the Strong Women, Strong Girls nonprofit organization. Ms. Stokes earned a BS from St. Michael's College.

Matthew Eagan

Start Date

Tenure

Tenure Rank

Sep 30, 2006

15.68

15.7%

Matthew J. Eagan is an Executive Vice President and a member of the Board of Directors of Loomis Sayles. Mr. Eagan started his investment career in 1989 and joined Loomis Sayles in 1997. Previously, he worked for Liberty Mutual Insurance Company as a senior fixed-income analyst and for BancBoston Financial Company as a senior credit analyst. Mr. Eagan received his BA from Northeastern University and his MBA from Boston University. He is a CFA® charterholder.

Brian Kennedy

Start Date

Tenure

Tenure Rank

Feb 01, 2013

9.33

9.3%

Brian Kennedy is a Vice President of Loomis, Sayles & Company and co-portfolio manager of the firm’s multisector institutional strategies and mutual funds. Mr. Kennedy joined Loomis Sayles in 1994 as a securitized and government bond trader. Mr. Kennedy first joined the full discretion investment team as product manager in 2009, was promoted in 2013 to co-portfolio manager of the investment grade bond products and again in 2016 to co-portfolio manager of the multisector suite of products. He earned a BS from Providence College and an MBA from Babson College.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.43 6.77 1.16

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