Loomis Sayles Institutional High Income Fund (LSHIX)

6.67
Net Asset Value
+0.15%
1 Day
-0.60%
Year-to-Date
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
0.68%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks 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). 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.

Performance

1 month-2.20% 3 years+4.10%
3 months+0.41% 5 years+6.30%
1 year+3.80% Since inception+8.20%
Data through --

Peer Comparisonvs. High yield bond

 LSHIXCategory
Performance 5-yr return+6.30%+4.63%
Expense ratio0.68%1.04%
Risk 5 year sharpe ratio0.930.92
Net assets$737.5M$1.4B
Average market cap$34.7B$5.8B
Average P/E13.7--
Portfolio turnover17%17%

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Fund Management and Purchase Info

Fund familyLoomis Sayles Funds
Fund manager & tenureDaniel Fuss / 21 Years
Minimal initial investment$3,000,000.00
Minimum IRA investment--

Holdings

Fixed income67.91%
Cash15.90%
Other9.16%
U.S. stock6.98%
International stock0.04%
Top 5 Sectors
Portfolio weighting
Healthcare 42.20%
Consumer goods 24.54%
Hardware 20.61%
Telecommunication 6.92%
Financial service 3.94%
Top 10 Holdings
Portfolio weighting
GLW Corning4.92%
-- 1.65%
-- 1.64%
-- 1.61%
-- 1.61%
-- 1.57%
F Ford1.51%
-- 1.31%
-- 1.24%
-- 1.16%