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LSIIX Loomis Sayles Investment Grade Bond Y

  • Fund
  • LSIIX
  • Price as of: Nov 16, 2018
  • $10.84
  • + $0.01
  • + 0.09%
  • Category
  • Total Bond Market

LSIIX - Profile

Vitals

  • YTD Return -1.9%
  • 3 Yr Annualized Return 3.2%
  • 5 Yr Annualized Return 2.2%
  • Net Assets $5.45 B
  • Holdings in Top 10 19.8%

52 WEEK LOW AND HIGH

$10.84
$10.83
$11.30

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.57%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 10.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$100,000

IRA

$0

Investment Themes

CATEGORY

Total Bond Market
  • Fund Type Open End Mutual Fund
  • Investment Style Intermediate-Term Bond

Distributions

  • YTD Total Return -1.9%
  • 3 Yr Annualized Total Return 3.2%
  • 5 Yr Annualized Total Return 2.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.48%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Loomis Sayles Investment Grade Bond Fund
  • Fund Family Name Natixis Funds
  • Inception Date Dec 31, 1996
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager Brian P. Kennedy

Fund Description

The fund invests at least 80% of its net assets (plus any borrowings made for investment purposes) 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"). The fund may invest in fixed-income securities of any maturity. In connection with its principal investment strategies, it may invest up to 30% of its assets in U.S. dollar-denominated foreign securities, including emerging markets securities.

LSIIX - Performance

Return Ranking - Trailing

Period LSIIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -1.9% -36.1% 14.2% 28.13% 3
1 Yr -0.3% -15.5% 21.5% 41.93% 3
3 Yr 3.2% * -6.1% 10.5% 11.94% 1
5 Yr 2.2% * -3.1% 14.8% 24.08% 2
10 Yr 7.4% * -0.7% 11.8% 3.92% 1

* Annualized


Return Ranking - Calendar

Period LSIIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 2.4% -10.9% 25.1% 10.99% 1
2016 -0.6% -11.1% 192.8% 51.35% 5
2015 -8.6% -33.0% 5.1% 64.66% 5
2014 -0.3% -24.1% 20.8% 40.39% 4
2013 -5.7% -13.1% 40.4% 61.88% 5

Total Return Ranking - Trailing

Period LSIIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -1.9% -100.0% 14.2% 28.02% 3
1 Yr -0.3% -15.5% 21.5% 33.25% 2
3 Yr 3.2% * -7.0% 10.5% 10.83% 1
5 Yr 2.2% * -3.9% 14.8% 21.26% 2
10 Yr 7.4% * -0.7% 11.8% 3.92% 1

* Annualized


Total Return Ranking - Calendar

Period LSIIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 2.4% -9.5% 25.1% 11.80% 1
2016 1.3% -11.1% 195.3% 29.63% 2
2015 -5.3% -32.5% 16.5% 68.90% 5
2014 3.9% -9.9% 58.5% 21.08% 2
2013 1.6% -12.9% 58.3% 11.30% 1

NAV & Total Return History

LSIIX - Holdings

Filings data as of: Sep 30, 2018

Concentration Analysis

LSIIX Category Low Category High LSIIX % Rank Quintile
Net Assets 5.45 B 319 K 199 B 5.04% 1
Number of Holdings 255 1 17431 19.38% 4
Net Assets in Top 10 1.02 B -36 B 52.1 B 5.04% 1
Weighting of Top 10 19.8% 0.0% 1093.9% 23.04% 4

Top 10 Holdings

  1. United States Treasury Bills 0% 3.45%
  2. United States Treasury Notes 1.25% 2.88%
  3. United Mexican States 10% 2.76%
  4. Canada (Government of) 0.75% 1.93%
  5. Navient Corporation 5.5% 1.75%
  6. AT&T Inc 4.3% 1.15%
  7. Bank of America Corporation 6.11% 1.88%
  8. Textron Inc. 5.95% 1.61%
  9. JPMorgan Chase & Co. 4.12% 1.35%
  10. ArcelorMittal S.A. 6.75% 1.06%

Asset Allocation

Weighting Category Low Category High LSIIX % Rank Quintile
Bonds
60.27% -175.98% 562.01% 29.25% 5
Cash
35.92% -461.99% 275.92% 2.29% 1
Convertible Bonds
1.61% 0.00% 13.10% 3.00% 1
Other
1.40% -147.74% 99.99% 5.44% 1
Stocks
0.73% -2.63% 98.15% 3.61% 1
Preferred Stocks
0.08% -0.43% 21.33% 6.41% 2

Stock Sector Breakdown

Weighting Category Low Category High LSIIX % Rank Quintile
Consumer Cyclical
0.73% -0.36% 13.48% 2.53% 1
Utilities
0.00% -0.74% 8.22% 4.86% 4
Technology
0.00% -1.56% 21.00% 5.25% 3
Real Estate
0.00% -0.15% 10.84% 5.35% 4
Industrials
0.00% -0.11% 11.67% 5.84% 4
Healthcare
0.00% -0.69% 18.80% 4.28% 4
Financial Services
0.00% -0.22% 20.24% 6.71% 4
Energy
0.00% -0.88% 10.88% 5.64% 4
Communication Services
0.00% -0.07% 3.84% 4.18% 4
Consumer Defense
0.00% -0.17% 10.49% 4.57% 3
Basic Materials
0.00% -0.43% 8.73% 4.38% 4

Stock Geographic Breakdown

Weighting Category Low Category High LSIIX % Rank Quintile
US
0.73% -2.63% 95.71% 3.26% 1
Non US
0.00% -0.82% 94.18% 3.15% 3

Bond Sector Breakdown

Weighting Category Low Category High LSIIX % Rank Quintile
Corporate
41.29% 0.00% 221.70% 12.87% 2
Cash & Equivalents
35.95% -462.00% 275.92% 2.14% 1
Government
16.32% -389.49% 503.27% 19.07% 3
Securitized
3.96% 0.00% 118.59% 29.60% 5
Municipal
0.35% 0.00% 99.66% 10.89% 3
Derivative
0.00% -126.74% 239.83% 4.17% 3

Bond Geographic Breakdown

Weighting Category Low Category High LSIIX % Rank Quintile
US
44.54% -370.09% 500.82% 30.01% 5
Non US
15.73% -171.42% 351.70% 10.38% 2

LSIIX - Expenses

Operational Fees

LSIIX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.57% 0.00% 44.72% 11.36% 1
Management Fee 0.40% 0.00% 2.15% 2.90% 3
12b-1 Fee 0.00% 0.00% 1.00% 3.08% 1
Administrative Fee 0.25% 0.00% 0.63% 1.04% 5

Sales Fees

LSIIX Fees (% of AUM) Category Low Category High LSIIX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 0.15% 5.50% N/A N/A

Trading Fees

LSIIX Fees (% of AUM) Category Low Category High LSIIX Rank Quintile
Max Redemption Fee N/A 0.25% 2.00% N/A N/A

Turnover 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 Low Category High LSIIX Rank Quintile
Turnover 10.00% 0.00% 1576.00% 18.32% 1

LSIIX - Distributions

Dividend Yield Analysis

LSIIX Category Low Category High LSIIX % Rank Quintile
Dividend Yield 0.0% 0.00% 0.97% 30.08% 5

Dividend Distribution Analysis

LSIIX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

LSIIX Category Low Category High LSIIX % Rank Quintile
Net Income Ratio 3.48% -1.56% 7.22% 5.65% 1

Capital Gain Distribution Analysis

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

LSIIX - Managers

Brian P. Kennedy

Manager

Start Date

Feb 01, 2013

Tenure

5.75

Tenure Rank

5.8%

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. Mr. Kennedy earned a BS from Providence College and an MBA from Babson College.


Matthew J. Eagan

Manager

Start Date

Sep 30, 2006

Tenure

12.09

Tenure Rank

2.4%

Matthew Eagan is a Vice President of Loomis, Sayles & Company and a Portfolio Manager for the Loomis Sayles fixed-income group. He has over 26 years of investment industry experience as a portfolio manager and fixed-income analyst. 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.


Elaine M. Stokes

Manager

Start Date

Sep 30, 2006

Tenure

12.09

Tenure Rank

2.4%

Elaine Stokes is a vice president, portfolio manager and co-head of the full discretion team at Loomis, Sayles & Company. 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.


Tenure Analysis

Category Low

0.0

Category High

29.9

Category Average

6.57

Category Mode

0.5