Address And Details

One Financial Center , Boston, MA 02111
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The Fund’s investment objective is high total investment return through a combination of current income and capital appreciation.The Fund will invest primarily in below investment-grade fixed-income securities (commonly known as “junk bonds”) and other securities that are expected to produce a relatively high level of income (including income-producing preferred stocks and common stocks).Below investment-grade fixed-income securities are rated below investment-grade quality (i.e.,none ofthe three major ratings agencies (Moody’s Investors Service,Inc.,Fitch Investor Services,Inc.or S&P Global Ratings) haverated the securities in one of their respective top four ratings categories).The Fund’s fixed-income securities investments may include unrated securities (securities that are not rated by a rating agency) if Loomis Sayles determines that the securities are of comparable quality to rated securities that the Fund may purchase.The Fund may invest in fixed-income securities of any maturity.In deciding which securities to buy and sell,Loomis Sayles may consider a number of factors related to the bond issue and the current bond market,including,for example,the stability and volatility of a country’s bond markets,the financial strength of the issuer,current interest rates,current valuations, Loomis Sayles’ expectations regarding general trends in interest rates and currencyconsiderations. Loomis Sayles will also consider how purchasing or selling a bond would impact the overall portfolio’s risk profile (for example,its sensitivity to currency risk, interest rate risk and sector-specific risk) and potential return (income and capital gains).Three themes typically drive the Fund’s investment approach.First,Loomis Sayles generally seeks fixed-income securities that are attractively valued relative to the Loomis Sayles’ credit research team’s assessment of credit risk.The broad coverage combined with the objective of identifying attractive investment opportunities makes this an important component ofthe investment approach.Second,the Fund may invest significantly in securities the prices of which Loomis Sayles believesare more sensitive to events related to the underlying issuer than to changes in general interest rates or overall market default rates.These securities may not have a direct correlation with changes in interest rates,thus helping to manage interest rate risk and to offer diversified sources for return.Third,Loomis Sayles analyzes different sectors of the economy and differences in the yields (“spreads”) of various fixed-income securities (U.S. governments, investment-grade corporates,securitized assets,high-yield corporates,emerging markets, non-U.S.sovereigns and credits,convertibles,bank loans andmunicipals) in an effort to find securities that it believes may produce attractive returns for the Fund in comparison to their risk.

Net Asset Value

as of 5:28 PM ET 09/20/2021


  • 1 Week
  • -0.91%
  • 1 Month
  • +0.77%
  • 3 Months
  • +1.39%
  • 1 Yr Return
  • +8.43%
  • 5 Yr Return
  • -2.24%

Equity Sector Breakdown

ConsumerDurables n/a
Energy n/a
Finance n/a
Health n/a
IndustrialCyclical n/a
NonDurables n/a
RetailTrade n/a
Services n/a
Technology n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Bonds 76.73%
Stocks 15.33%
Other 3.38%
Cash 1.98%
Convertible 1.44%
Preferred 1.14%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 393.19 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 2.96 4.44 5.36
Beta 0.44 0.32 0.40
R Squared 0.02 0.01 0.02
Std Deviation 11.96 9.38 8.75
Sharpe Ratio 0.41 0.55 n/a

Purchase Information

as of 5:34 PM ET 09/17/2021
Minimum Initial $3000000
Minimum Additional $50000
Minimum Initial IRA $0


Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 05/31/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 05/31/2021
1 Year
  • +14.90%
  • +21.58%
+14.90% +21.58%
3 Year
  • +5.28%
  • +5.25%
+5.28% +5.25%
10 Year
  • +6.81%
  • +5.72%
+6.81% +5.72%
Life Of Fund
  • +7.69%
  • +7.67%
+7.69% +7.67%

Top 10 Holdings

Symbol Company Name % Of Assets

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