Loomis Sayles Strategic Income Fund (NEFZX)
The investment seeks high current income with a secondary objective of capital growth. The fund will invest substantially all of its assets in income producing securities (including below investment grade securities, or "junk bonds") with a focus on U.S. corporate bonds, convertible securities, foreign debt instruments, including those in emerging markets and related foreign currency transactions, and U.S. government securities. The fund is not limited in the percentage of its assets that it may invest in these instruments.
Fund Info
| ISIN | US5434872843 |
|---|---|
| CUSIP | 543487284 |
| Issuer | Natixis Funds |
| Inception Date | Apr 30, 1995 |
| Category | Multisector Bonds |
| Min. Investment | $2,500 |
| Asset Class | Bond |
Expense Ratio
NEFZX has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Loomis Sayles Strategic Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Loomis Sayles Strategic Income Fund had a return of -0.21% year-to-date (YTD) and 5.95% in the last 12 months. Over the past 10 years, Loomis Sayles Strategic Income Fund had an annualized return of 1.38%, while the S&P 500 had an annualized return of 10.79%, indicating that Loomis Sayles Strategic Income Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -0.21% | 9.47% |
| 1 month | 0.82% | 1.91% |
| 6 months | 8.40% | 18.36% |
| 1 year | 5.95% | 26.61% |
| 5 years (annualized) | 0.80% | 12.90% |
| 10 years (annualized) | 1.38% | 10.79% |
Monthly Returns
The table below presents the monthly returns of NEFZX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.07% | -0.52% | 1.47% | -2.66% | -0.21% | ||||||||
| 2023 | 4.30% | -2.48% | 1.02% | 0.12% | -1.83% | 1.25% | 1.10% | -0.57% | -2.35% | -2.71% | 5.14% | 5.21% | 8.02% |
| 2022 | -2.75% | -1.59% | -0.87% | -3.94% | -0.13% | -5.10% | 3.71% | -1.53% | -4.19% | 0.26% | 3.19% | -0.29% | -12.82% |
| 2021 | -0.47% | -0.27% | 0.52% | 1.38% | 0.64% | 1.56% | 0.62% | 0.48% | -0.98% | 0.35% | -1.59% | 1.62% | 3.85% |
| 2020 | -0.08% | -2.03% | -10.45% | 2.10% | 2.99% | 1.13% | 3.34% | 0.69% | -1.04% | -0.82% | 4.86% | 1.31% | 1.15% |
| 2019 | 3.10% | 1.05% | 0.55% | 0.62% | -0.67% | 2.12% | -0.08% | 0.37% | 0.63% | 0.88% | -0.82% | 2.68% | 10.84% |
| 2018 | 1.48% | -0.76% | -0.16% | -1.00% | -0.43% | 0.29% | 1.24% | 0.14% | 0.81% | -2.63% | -0.38% | -1.57% | -3.00% |
| 2017 | 1.43% | 1.81% | -0.04% | 0.72% | 0.68% | 1.09% | 1.33% | -0.14% | 0.38% | -0.78% | 0.21% | 0.32% | 7.22% |
| 2016 | -2.92% | -0.44% | 5.10% | 2.57% | -0.17% | 1.60% | 2.22% | 0.30% | 0.36% | -0.81% | -0.91% | 1.29% | 8.27% |
| 2015 | -0.96% | 1.93% | -1.58% | 1.23% | -0.38% | -2.09% | -1.22% | -2.68% | -2.06% | 3.67% | -1.37% | -2.27% | -7.70% |
| 2014 | -0.61% | 2.87% | 0.88% | 1.04% | 1.28% | 1.64% | -1.10% | 1.38% | -2.56% | 0.93% | 0.84% | -0.97% | 5.64% |
| 2013 | 2.12% | -0.53% | 1.64% | 3.31% | -0.27% | -3.19% | 2.03% | -1.95% | 3.16% | 3.30% | -0.21% | 1.21% | 10.88% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of NEFZX is 27, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
NEFZX (Loomis Sayles Strategic Income Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Loomis Sayles Strategic Income Fund (NEFZX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Loomis Sayles Strategic Income Fund granted a 5.82% dividend yield in the last twelve months. The annual payout for that period amounted to $0.68 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.68 | $0.64 | $0.74 | $0.37 | $0.59 | $0.51 | $0.58 | $0.59 | $0.67 | $1.40 | $0.98 | $0.76 |
Dividend yield | 5.82% | 5.37% | 6.34% | 2.64% | 4.20% | 3.51% | 4.28% | 4.06% | 4.76% | 10.22% | 6.02% | 4.63% |
Monthly Dividends
The table displays the monthly dividend distributions for Loomis Sayles Strategic Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.05 | $0.05 | $0.06 | $0.05 | $0.00 | $0.21 | |||||||
| 2023 | $0.04 | $0.04 | $0.05 | $0.04 | $0.05 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.11 | $0.64 |
| 2022 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.33 | $0.74 |
| 2021 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.05 | $0.37 |
| 2020 | $0.04 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.05 | $0.03 | $0.19 | $0.59 |
| 2019 | $0.05 | $0.04 | $0.04 | $0.05 | $0.04 | $0.03 | $0.05 | $0.03 | $0.03 | $0.05 | $0.03 | $0.09 | $0.51 |
| 2018 | $0.05 | $0.04 | $0.04 | $0.05 | $0.05 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.12 | $0.58 |
| 2017 | $0.04 | $0.04 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.18 | $0.59 |
| 2016 | $0.01 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.01 | $0.01 | $0.04 | $0.04 | $0.44 | $0.67 |
| 2015 | $0.04 | $0.05 | $0.03 | $0.04 | $0.05 | $0.04 | $0.04 | $0.05 | $0.03 | $0.03 | $0.04 | $0.96 | $1.40 |
| 2014 | $0.04 | $0.04 | $0.05 | $0.04 | $0.06 | $0.05 | $0.04 | $0.05 | $0.04 | $0.05 | $0.06 | $0.47 | $0.98 |
| 2013 | $0.05 | $0.06 | $0.06 | $0.05 | $0.07 | $0.05 | $0.06 | $0.06 | $0.05 | $0.05 | $0.07 | $0.14 | $0.76 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Loomis Sayles Strategic Income 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 Income Fund was 32.06%, occurring on Nov 21, 2008. Recovery took 211 trading sessions.
The current Loomis Sayles Strategic Income Fund drawdown is 6.88%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -32.06% | May 21, 2008 | 129 | Nov 21, 2008 | 211 | Sep 25, 2009 | 340 |
| -17.21% | Feb 13, 2020 | 27 | Mar 23, 2020 | 186 | Dec 15, 2020 | 213 |
| -17.19% | Sep 3, 2021 | 286 | Oct 21, 2022 | — | — | — |
| -17.14% | Apr 6, 1998 | 135 | Oct 9, 1998 | 377 | Mar 23, 2000 | 512 |
| -14.55% | Jul 24, 2014 | 392 | Feb 11, 2016 | 253 | Feb 13, 2017 | 645 |
Volatility
Volatility Chart
The current Loomis Sayles Strategic Income Fund volatility is 1.48%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.