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LSIIX Loomis Sayles Investment Grade Bond Y

  • Fund
  • LSIIX
  • Price as of: Jan 23, 2019
  • $10.85
  • - $0.01
  • - 0.09%
  • Category
  • Total Bond Market

LSIIX - Profile

Vitals

  • YTD Return 0.6%
  • 3 Yr Annualized Return 0.6%
  • 5 Yr Annualized Return -2.0%
  • Net Assets $5.33 B
  • Holdings in Top 10 17.5%

52 WEEK LOW AND HIGH

$10.85
$10.75
$11.14

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.57%

SALES FEES

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

BROKERAGE FEES

  • Turnover 3.00%

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 0.6%
  • 3 Yr Annualized Total Return 1.2%
  • 5 Yr Annualized Total Return -0.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.98%
DIVIDENDS
  • Dividend Yield 0.3%
  • 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 0.6% -30.9% 14.2% 21.35% 2
1 Yr -2.5% -17.9% 21.5% 52.77% 4
3 Yr 0.6% * -6.1% 13.4% 23.71% 2
5 Yr -2.0% * -3.2% 14.8% 73.85% 5
10 Yr 1.0% * -0.7% 11.3% 41.89% 3

* Annualized


Return Ranking - Calendar

Period LSIIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -2.4% -36.6% 9.9% 30.04% 3
2017 2.4% -11.1% 25.1% 10.96% 1
2016 -0.6% -13.3% 192.8% 51.20% 4
2015 -8.6% -33.0% 20.8% 66.33% 5
2014 -0.3% -9.3% 20.7% 41.93% 4

Total Return Ranking - Trailing

Period LSIIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.6% -100.0% 14.2% 21.28% 2
1 Yr -2.5% -17.9% 21.5% 48.80% 4
3 Yr 1.2% * -7.0% 13.4% 17.38% 1
5 Yr -0.1% * -3.8% 14.8% 48.16% 3
10 Yr 8.5% * -0.7% 11.3% 2.67% 1

* Annualized


Total Return Ranking - Calendar

Period LSIIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -2.4% -36.6% 9.9% 30.98% 3
2017 2.4% -11.1% 25.1% 11.89% 1
2016 1.3% -9.0% 195.3% 30.71% 2
2015 -5.3% -32.5% 58.5% 70.21% 5
2014 3.9% -8.3% 58.3% 23.29% 2

NAV & Total Return History

LSIIX - Holdings

Filings data as of: Nov 30, 2018

Concentration Analysis

LSIIX Category Low Category High LSIIX % Rank Quintile
Net Assets 5.33 B 306 K 204 B 5.14% 1
Number of Holdings 295 1 17326 18.51% 4
Net Assets in Top 10 950 M -36 B 52.1 B 5.29% 1
Weighting of Top 10 17.5% 0.0% 1093.9% 24.67% 4

Top 10 Holdings

  1. United States Treasury Bonds 3% 3.66%
  2. United States Treasury Bills 0% 3.29%
  3. United States Treasury Notes 1.25% 2.74%
  4. Apple Inc. 2.85% 1.00%
  5. Microsoft Corporation 1.55% 1.00%
  6. AT&T Inc 4.3% 1.05%
  7. Textron Inc. 5.95% 1.52%
  8. JPMorgan Chase & Co. 4.12% 1.26%
  9. Kreditanstalt Fur Wiederaufbau 1.5% 1.00%
  10. Chevron Corporation 2.1% 0.99%

Asset Allocation

Weighting Category Low Category High LSIIX % Rank Quintile
Bonds
81.57% -175.98% 562.01% 25.38% 5
Cash
16.07% -461.99% 275.92% 5.49% 1
Convertible Bonds
1.43% 0.00% 13.10% 3.20% 1
Other
0.65% -147.74% 99.99% 7.32% 2
Preferred Stocks
0.28% 0.00% 20.37% 5.54% 1
Stocks
0.00% -2.63% 98.80% 5.95% 4

Bond Sector Breakdown

Weighting Category Low Category High LSIIX % Rank Quintile
Corporate
56.05% 0.00% 221.70% 5.19% 1
Cash & Equivalents
16.07% -462.00% 275.92% 5.44% 1
Government
13.67% -389.49% 503.27% 20.50% 3
Securitized
13.24% 0.00% 118.59% 26.40% 5
Municipal
0.32% 0.00% 96.08% 10.78% 3
Derivative
0.00% -144.01% 239.83% 3.97% 3

Bond Geographic Breakdown

Weighting Category Low Category High LSIIX % Rank Quintile
US
67.44% -370.09% 500.82% 25.08% 4
Non US
14.13% -190.38% 351.70% 12.51% 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% 11.35% 1
Management Fee 0.40% 0.00% 2.15% 2.85% 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 3.00% 0.00% 1576.00% 18.97% 1

LSIIX - Distributions

Dividend Yield Analysis

LSIIX Category Low Category High LSIIX % Rank Quintile
Dividend Yield 0.3% 0.00% 1.75% 12.68% 2

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 2.98% -1.56% 7.22% 8.40% 2

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

5.92

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

12.26

Tenure Rank

2.3%

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

12.26

Tenure Rank

2.3%

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

30.0

Category Average

6.58

Category Mode

4.0