Loomis Sayles Institutional High Income Fund (LSHIX)

6.69
Net Asset Value
+0.15%
1 Day
-0.30%
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-0.74% 3 years+3.88%
3 months+0.15% 5 years+4.77%
1 year+3.20% Since inception+8.04%
Data through --

Peer Comparisonvs. High yield bond

 LSHIXCategory
Performance 5-yr return+4.77%+3.82%
Expense ratio0.68%1.04%
Risk 5 year sharpe ratio0.730.74
Net assets$694.6M$1.3B
Average market cap$30.9B$7.7B
Average P/E----
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 income69.38%
Cash16.00%
Other8.04%
U.S. stock6.56%
International stock0.01%
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 Corning4.54%
-- 1.73%
-- 1.73%
-- 1.61%
-- 1.57%
-- 1.54%
-- 1.52%
-- 1.43%
F Ford1.41%
-- 1.37%