Loomis Sayles Strategic Alpha Fund (LASYX)

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Loomis Sayles Strategic Alpha Fund (LASYX) is down 0.3% since the beginning of the year. LASYX is currently trading at $10 per share. Investors who bought $1,000 worth of LASYX shares 5 years ago would now be looking at an investment worth $1,151.

Loomis Sayles Strategic Alpha Fund (LASYX) has returned -0.30% so far this year and 3.51% over the past 12 months. Over the last ten years, LASYX has returned 3.80% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Dec 16, 2010, LASYX's average daily return is +0.01%, while the average monthly return is +0.28%. At this rate, an investment would double in approximately 20.7 years.

Historically, 65% of months were positive and 35% were negative. The best month was Nov 2020 with a return of +3.2%, while the worst month was Mar 2020 at -6.2%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 4 months.

On a daily basis, LASYX closed higher 38% of trading days. The best single day was Mar 26, 2020 with a return of +2.2%, while the worst single day was Mar 19, 2020 at -3.5%.

Loomis Sayles Strategic Alpha Fund has an annualized alpha of 2.42%, beta of 0.07, and R2 of 0.16 versus S&P 500 Index. Calculated based on daily prices since December 16, 2010.

• This fund participated in 20.12% of S&P 500 Index downside but only 18.78% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.07 may look defensive, but with R2 of 0.16 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.16 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

LASYX has an expense ratio of 0.75%, placing it in the medium range.

LASYX ranks 26 for risk / return — below 26% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

Loomis Sayles Strategic Alpha Fund provided a 2.53% dividend yield over the last twelve months, with an annual payout of $0.25 per share.

The table displays the monthly dividend distributions for Loomis Sayles Strategic Alpha Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Loomis Sayles Strategic Alpha Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Loomis Sayles Strategic Alpha Fund was 11.24%, occurring on Oct 13, 2022. Recovery took 401 trading sessions.

The current Loomis Sayles Strategic Alpha Fund drawdown is 1.50%.

The chart below shows the rolling one-month volatility.