Name
As of 04/18/2024Price
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
6.4%
1 yr return
33.0%
3 Yr Avg Return
8.2%
5 Yr Avg Return
14.7%
Net Assets
$13.6 B
Holdings in Top 10
54.4%
52 WEEK LOW AND HIGH
$22.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.92%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 9.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/18/2024Price
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
LGRRX - Profile
Distributions
- YTD Total Return 6.4%
- 3 Yr Annualized Total Return 8.2%
- 5 Yr Annualized Total Return 14.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.22%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameLoomis Sayles Growth Fund
-
Fund Family NameNatixis Loomis Sayles Funds
-
Inception DateFeb 01, 2013
-
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, convertible securities and warrants. 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, 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 invest up to 20% of its assets in foreign securities, including depositary receipts and emerging market securities. Although certain equity 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 they are 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. The Fund may also invest in affiliated and unaffiliated mutual funds and exchange-traded funds, to the extent permitted by the Investment Company Act of 1940. 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”). 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.
LGRRX - Performance
Return Ranking - Trailing
| Period | LGRRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 6.4% | -16.3% | 19.3% | 60.56% |
| 1 Yr | 33.0% | -24.2% | 56.3% | 43.26% |
| 3 Yr | 8.2%* | -31.3% | 22.2% | 11.95% |
| 5 Yr | 14.7%* | -16.7% | 28.7% | 28.86% |
| 10 Yr | 14.8%* | -5.9% | 18.7% | 14.71% |
* Annualized
Return Ranking - Calendar
| Period | LGRRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 41.4% | -74.1% | 72.4% | 22.20% |
| 2022 | -38.9% | -85.9% | 4.7% | 72.35% |
| 2021 | 12.6% | -52.4% | 60.5% | 34.42% |
| 2020 | 25.6% | -34.3% | 145.0% | 52.80% |
| 2019 | 28.0% | -21.8% | 49.4% | 31.86% |
Total Return Ranking - Trailing
| Period | LGRRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 6.4% | -16.3% | 19.3% | 60.56% |
| 1 Yr | 33.0% | -24.2% | 56.3% | 43.26% |
| 3 Yr | 8.2%* | -31.3% | 22.2% | 11.95% |
| 5 Yr | 14.7%* | -16.7% | 28.7% | 28.86% |
| 10 Yr | 14.8%* | -5.9% | 18.7% | 14.71% |
* Annualized
Total Return Ranking - Calendar
| Period | LGRRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 51.0% | -4.6% | 72.4% | 7.57% |
| 2022 | -27.8% | -61.7% | 5.6% | 31.93% |
| 2021 | 18.4% | -39.8% | 118.1% | 69.82% |
| 2020 | 31.4% | 2.8% | 149.2% | 64.07% |
| 2019 | 31.4% | -5.2% | 49.4% | 64.58% |
NAV & Total Return History
LGRRX - Holdings
Concentration Analysis
| LGRRX | Category Low | Category High | LGRRX % Rank | |
|---|---|---|---|---|
| Net Assets | 13.6 B | 242 K | 269 B | 16.84% |
| Number of Holdings | 38 | 1 | 3217 | 81.08% |
| Net Assets in Top 10 | 6.7 B | 104 K | 111 B | 17.48% |
| Weighting of Top 10 | 54.44% | 0.7% | 205.0% | 30.31% |
Top 10 Holdings
- Meta Platforms Inc 7.65%
- NVIDIA Corp 7.37%
- Boeing Co/The 5.66%
- Visa Inc 5.46%
- Amazon.com Inc 5.44%
- Tesla Inc 5.16%
- Microsoft Corp 5.07%
- Netflix Inc 4.38%
- Alphabet Inc 4.20%
- Oracle Corp 4.05%
Asset Allocation
| Weighting | Return Low | Return High | LGRRX % Rank | |
|---|---|---|---|---|
| Stocks | 98.30% | 0.00% | 130.05% | 60.98% |
| Other | 1.53% | -43.49% | 50.04% | 4.90% |
| Cash | 0.17% | -1.50% | 173.52% | 83.53% |
| Preferred Stocks | 0.00% | 0.00% | 7.84% | 30.32% |
| Convertible Bonds | 0.00% | 0.00% | 1.94% | 19.37% |
| Bonds | 0.00% | 0.00% | 104.15% | 22.80% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | LGRRX % Rank | |
|---|---|---|---|---|
| Technology | 27.47% | 0.00% | 65.70% | 76.14% |
| Healthcare | 18.33% | 0.00% | 39.76% | 11.76% |
| Communication Services | 16.94% | 0.00% | 66.40% | 8.97% |
| Consumer Cyclical | 14.32% | 0.00% | 62.57% | 59.48% |
| Financial Services | 11.04% | 0.00% | 43.06% | 33.08% |
| Industrials | 8.57% | 0.00% | 30.65% | 20.39% |
| Consumer Defense | 3.32% | 0.00% | 25.50% | 54.06% |
| Utilities | 0.00% | 0.00% | 16.07% | 42.13% |
| Real Estate | 0.00% | 0.00% | 16.05% | 72.59% |
| Energy | 0.00% | 0.00% | 41.09% | 60.91% |
| Basic Materials | 0.00% | 0.00% | 18.91% | 77.66% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | LGRRX % Rank | |
|---|---|---|---|---|
| US | 98.30% | 0.00% | 130.05% | 47.72% |
| Non US | 0.00% | 0.00% | 78.10% | 45.10% |
LGRRX - Expenses
Operational Fees
| LGRRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.92% | 0.01% | 19.54% | 53.77% |
| Management Fee | 0.50% | 0.00% | 1.50% | 27.06% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 31.19% |
| Administrative Fee | N/A | 0.01% | 1.02% | N/A |
Sales Fees
| LGRRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.75% | 2.25% | 8.50% | 6.75% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| LGRRX 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.
| LGRRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 9.00% | 0.00% | 316.74% | 7.26% |
LGRRX - Distributions
Dividend Yield Analysis
| LGRRX | Category Low | Category High | LGRRX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 28.16% | 52.88% |
Dividend Distribution Analysis
| LGRRX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| LGRRX | Category Low | Category High | LGRRX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.22% | -6.13% | 3.48% | 40.67% |
Capital Gain Distribution Analysis
| LGRRX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 23, 2022 | $2.682 | OrdinaryDividend |
| Dec 23, 2021 | $1.240 | OrdinaryDividend |
| Dec 23, 2019 | $0.458 | OrdinaryDividend |
| Dec 21, 2018 | $0.055 | OrdinaryDividend |
| Dec 21, 2016 | $0.046 | OrdinaryDividend |
| Dec 22, 2015 | $0.045 | OrdinaryDividend |
| Dec 19, 2014 | $0.051 | OrdinaryDividend |
| Dec 19, 2013 | $0.010 | OrdinaryDividend |
| Dec 27, 2012 | $0.058 | OrdinaryDividend |
| Dec 28, 2011 | $0.008 | OrdinaryDividend |
LGRRX - Fund Manager Analysis
Managers
Aziz Hamzaogullari
Start Date
Tenure
Tenure Rank
May 20, 2010
12.04
12.0%
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 |
|---|---|---|---|
| 0.04 | 54.45 | 8.21 | 3.08 |