Name
As of 04/16/2024Price
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
Vitals
YTD Return
2.3%
1 yr return
18.2%
3 Yr Avg Return
0.2%
5 Yr Avg Return
9.6%
Net Assets
$101 M
Holdings in Top 10
48.2%
52 WEEK LOW AND HIGH
$17.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.38%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 18.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/16/2024Price
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
LSAGX - Profile
Distributions
- YTD Total Return 2.3%
- 3 Yr Annualized Total Return 0.2%
- 5 Yr Annualized Total Return 9.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.43%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameLoomis Sayles Global Growth Fund
-
Fund Family NameNatixis Loomis Sayles Funds
-
Inception DateMar 31, 2016
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAziz Hamzaogullari
Fund Description
Under normal market conditions, the Fund will invest primarily in equity securities, including common stocks and depositary receipts. The Fund will invest in securities that provide exposure to no fewer than three countries, which will include the U.S. In addition, the Fund will invest at least 40% of its assets in securities of companies that maintain their principal place of business or conduct their principal business activities outside the U.S., companies that have their securities traded on non-U.S. exchanges or companies that have been formed under the laws of non-U.S. countries. This 40% minimum investment amount may be reduced to 30% if market conditions for these investments or specific foreign markets are deemed unfavorable.Notwithstanding the foregoing, the Adviser does not consider a security to be foreign if it is included in the U.S. equity indices published by S&P Global Ratings or Russell Investments or if the security’s country of risk defined by Bloomberg is the United States and the security’s country of incorporation defined by Bloomberg is the United States.The Fund may also invest up to 30% of its assets in emerging markets securities. The Fund considers a security to be an emerging markets security if its country of risk as defined byBloomberg is included within the MSCI Emerging & Frontier Markets Index. The Fund focuses on stocks of large capitalization companies, but the Fund may invest in companies of any size.
The Fund normally invests across a wide range of sectors and industries. The Fund’s portfolio manager employs a growth style of equity management, which means that the Fund seeks to invest in companies with sustainable competitive advantages versus others, long-term structural growth drivers that will lead to above-average future cash flow growth, attractive cash flow returns on invested capital, and management teams focused on creating long-term value for shareholders. The Fund’s portfolio manager also aims to invest in companies when they trade at a significant discount to the estimate of intrinsic value (i.e., companies with share prices trading significantly below what the portfolio manager believes the share price should be).
The Fund will consider selling a portfolio investment when the portfolio manager believes an unfavorable structural change occurs within a given business or the markets in which it operates, when a critical underlying investment assumption is flawed, when a more attractive reward-to-risk opportunity becomes available, when the current price fully reflects intrinsic value, or for other investment reasons which the portfolio manager deems appropriate.
The Fund may also engage in foreign currency transactions (including foreign currency forwards and foreign currency futures) for hedging purposes, invest in options for hedging and investment purposes and invest in interests in real estate investment trusts (“REITs”) and securities issued pursuant to Rule 144A under the Securities Act of 1933 (“Rule 144A securities”). In addition, the Fund may gain investment exposure to Chinese companies through the use of a structure known as a variable interest entity (“VIE”). The VIE structure allows investors, such as the Fund, to gain exposure to sectors or industries where non-Chinese ownership is restricted or prohibited by the Chinese government. Under normal market conditions, the Adviser does not intend to hedge currency risk, which may cause the Fund to incur losses that would not have been incurred had the risk been hedged. Except as provided above, the Fund is not limited in the percentage of its assets that it may invest in these instruments.
LSAGX - Performance
Return Ranking - Trailing
| Period | LSAGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.3% | -35.6% | 29.2% | 71.36% |
| 1 Yr | 18.2% | 17.3% | 252.4% | 28.18% |
| 3 Yr | 0.2%* | -3.5% | 34.6% | 7.30% |
| 5 Yr | 9.6%* | 0.1% | 32.7% | 7.25% |
| 10 Yr | N/A* | -6.9% | 18.3% | N/A |
* Annualized
Return Ranking - Calendar
| Period | LSAGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 35.9% | -24.3% | 957.1% | 16.31% |
| 2022 | -31.4% | -38.3% | 47.1% | 40.33% |
| 2021 | -1.8% | -54.2% | 0.6% | 20.32% |
| 2020 | 27.1% | -76.0% | 54.1% | 11.27% |
| 2019 | 23.1% | -26.1% | 47.8% | N/A |
Total Return Ranking - Trailing
| Period | LSAGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.3% | -35.6% | 29.2% | 71.48% |
| 1 Yr | 18.2% | 11.4% | 252.4% | 52.05% |
| 3 Yr | 0.2%* | -3.5% | 34.6% | 15.82% |
| 5 Yr | 9.6%* | 0.1% | 32.7% | 14.63% |
| 10 Yr | N/A* | -6.9% | 18.3% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | LSAGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 35.9% | -24.3% | 957.1% | 16.31% |
| 2022 | -26.1% | -33.1% | 47.1% | 40.71% |
| 2021 | 5.6% | -44.4% | 1.8% | 40.51% |
| 2020 | 35.0% | -6.5% | 54.1% | 11.13% |
| 2019 | 30.2% | -14.4% | 47.8% | N/A |
NAV & Total Return History
LSAGX - Holdings
Concentration Analysis
| LSAGX | Category Low | Category High | LSAGX % Rank | |
|---|---|---|---|---|
| Net Assets | 101 M | 199 K | 133 B | 69.96% |
| Number of Holdings | 45 | 1 | 9075 | 83.48% |
| Net Assets in Top 10 | 46.1 M | -18 M | 37.6 B | 64.98% |
| Weighting of Top 10 | 48.22% | 9.1% | 100.0% | 15.10% |
Top 10 Holdings
- Meta Platforms Inc 7.29%
- MercadoLibre Inc 6.96%
- Amazon.com Inc 5.75%
- Alphabet Inc 4.94%
- Boeing Co/The 4.25%
- Microsoft Corp 4.19%
- Oracle Corp 3.82%
- Visa Inc 3.81%
- Shopify Inc 3.69%
- Novartis AG 3.53%
Asset Allocation
| Weighting | Return Low | Return High | LSAGX % Rank | |
|---|---|---|---|---|
| Stocks | 99.45% | 61.84% | 125.47% | 54.96% |
| Other | 0.41% | -13.98% | 19.14% | 29.52% |
| Cash | 0.13% | -174.70% | 23.12% | 39.21% |
| Preferred Stocks | 0.00% | -0.01% | 5.28% | 20.26% |
| Convertible Bonds | 0.00% | 0.00% | 4.46% | 10.90% |
| Bonds | 0.00% | -1.50% | 161.67% | 15.09% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | LSAGX % Rank | |
|---|---|---|---|---|
| Technology | 22.53% | 0.00% | 49.87% | 48.46% |
| Consumer Cyclical | 19.06% | 0.00% | 40.94% | 3.85% |
| Healthcare | 17.85% | 0.00% | 35.42% | 83.92% |
| Communication Services | 16.44% | 0.00% | 57.66% | 12.11% |
| Industrials | 11.37% | 0.00% | 44.06% | 9.14% |
| Consumer Defense | 7.04% | 0.00% | 73.28% | 51.43% |
| Financial Services | 5.61% | 0.00% | 38.42% | 92.07% |
| Energy | 0.09% | 0.00% | 21.15% | 52.86% |
| Utilities | 0.00% | 0.00% | 29.12% | 71.04% |
| Real Estate | 0.00% | 0.00% | 39.48% | 75.88% |
| Basic Materials | 0.00% | 0.00% | 38.60% | 87.33% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | LSAGX % Rank | |
|---|---|---|---|---|
| US | 78.13% | 0.13% | 103.82% | 66.74% |
| Non US | 21.33% | 0.58% | 99.46% | 28.52% |
LSAGX - Expenses
Operational Fees
| LSAGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.38% | 0.01% | 44.27% | 35.92% |
| Management Fee | 0.75% | 0.00% | 1.82% | 54.16% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 18.40% |
| Administrative Fee | N/A | 0.01% | 0.76% | N/A |
Sales Fees
| LSAGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.75% | 2.50% | 5.75% | 0.80% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| LSAGX 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.
| LSAGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 18.00% | 0.00% | 395.00% | 59.29% |
LSAGX - Distributions
Dividend Yield Analysis
| LSAGX | Category Low | Category High | LSAGX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 3.26% | 8.75% |
Dividend Distribution Analysis
| LSAGX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annually | Annually | Annually |
Net Income Ratio Analysis
| LSAGX | Category Low | Category High | LSAGX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.43% | -4.27% | 12.65% | 85.80% |
Capital Gain Distribution Analysis
| LSAGX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 20, 2019 | $0.835 | OrdinaryDividend |
| Dec 19, 2018 | $0.051 | OrdinaryDividend |
| Dec 22, 2016 | $0.031 | OrdinaryDividend |
LSAGX - Fund Manager Analysis
Managers
Aziz Hamzaogullari
Start Date
Tenure
Tenure Rank
Mar 31, 2016
6.17
6.2%
Aziz Hamzaogullari is the chief investment officer and founder of the Growth Equity Strategies Team at Loomis, Sayles & Company. He is the portfolio manager of the Loomis Sayles large cap, global and all cap growth strategies, including the Loomis Sayles Growth and Global Growth mutual funds and products outside the US. Aziz is also an executive vice president and a member of the firm’s Board of Directors. He joined Loomis Sayles in 2010 from Evergreen Investments where he was a senior portfolio manager and managing director. Aziz joined Evergreen in 2001, was promoted to director of research in 2003 and portfolio manager in 2006. He was head of Evergreen’s Berkeley Street Growth Equity team and was the founder of the research and investment process. Prior to Evergreen, Aziz was a senior equity analyst and portfolio manager at Manning & Napier Advisors. He has 26 years of investment industry experience. Aziz earned a BS from Bilkent University, Turkey, and an MBA from George Washington University. He is also a member of CFA Society Boston.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 35.82 | 6.24 | 1.25 |