Loomis Sayles Strategic Income Fund (NEFZX)

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Loomis Sayles Strategic Income Fund (NEFZX) is down 0.4% since the beginning of the year. NEFZX is currently trading at $12 per share. Investors who bought $1,000 worth of NEFZX shares 5 years ago would now be looking at an investment worth $1,106.

Loomis Sayles Strategic Income Fund (NEFZX) has returned -0.38% so far this year and 4.66% over the past 12 months. Over the last ten years, NEFZX has returned 3.15% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Apr 28, 1995, NEFZX's average daily return is +0.03%, while the average monthly return is +0.55%. At this rate, an investment would double in approximately 10.5 years.

Historically, 63% of months were positive and 37% were negative. The best month was Dec 2008 with a return of +9.1%, while the worst month was Oct 2008 at -15.2%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 7 months.

On a daily basis, NEFZX closed higher 50% of trading days. The best single day was Mar 26, 2020 with a return of +2.4%, while the worst single day was Oct 10, 2008 at -3.7%.

Loomis Sayles Strategic Income Fund has an annualized alpha of 5.11%, beta of 0.14, and R2 of 0.20 versus S&P 500 Index. Calculated based on daily prices since April 28, 1995.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (42.30%) than losses (39.47%) - typical of diversified or defensive assets.
• Beta of 0.14 may look defensive, but with R2 of 0.20 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 0.20 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.

NEFZX has a high expense ratio of 0.95%, indicating above-average management fees.

NEFZX ranks 20 for risk / return — in the bottom 20% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

Loomis Sayles Strategic Income Fund provided a 3.97% dividend yield over the last twelve months, with an annual payout of $0.49 per share.

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.

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 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 32.07%, occurring on Nov 21, 2008. Recovery took 211 trading sessions.

The current Loomis Sayles Strategic Income Fund drawdown is 2.10%.

The chart below shows the rolling one-month volatility.