65% Barclays U.S. Government/Credit Index 25% Barclays Global High Yield Index 10% S&P 500 IndexBenchmark
Seeks high current income with a secondary objective of capital growth through investment primarily in U.S. income producing securities.
Under normal market conditions, 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 may invest in preferred stocks.
The Fund may invest up to 20% of its assets in dividend paying common stocks.
Loomis Sayles may shift the Fund’s assets among various types of income-producing securities based upon changing market conditions. Loomis Sayles performs its own extensive credit analyses to determine the creditworthiness and potential for capital appreciation of a security.
Loomis Sayles uses a flexible approach to identify securities in the global marketplace with characteristics including discounted price compared to economic value, undervalued credit ratings with strong or improving credit profiles and yield premium relative to its benchmark (although not all the securities selected will have these attributes).
Who Should Invest in this Fund
Investors seeking income and capital appreciation from fixed income and equity markets primarily outside Canada.