Loomis Sayles Strategic Monthly Income Fund

  • FUND FACTS
  • PRICES & PERFORMANCE
  • HOLDINGS & STATS
  • DOCUMENTS

Fund Inception Date:

September 17, 2015


Fund Assets:

(Includes all series)

$58,571,686


Management Fee:

 

1.75%

View Fee Chart
Portfolio Advisor:
Portfolio Managers:

Dan Fuss, CIC, CFA
Matt Eagan, CFA
Elaine Stokes
Brian Kennedy

  
 
 
 
 

Investment Objective

  • The Fund seeks high current income with a secondary objective of capital growth through investment primarily in U.S. income producing securities.

Who Should Invest in the Fund?

  • You should consider this Fund if you are seeking income and capital appreciation from fixed income and equity markets primarily outside Canada.
  • You should consider this Fund if you have a low to medium tolerance for risk.

Volatility Classification

 

  X      
Low       High

Investment Strategies

  • 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. Below investment grade fixed-income securities are rated below investment grade quality (i.e. none of the three major ratings agencies (Moody’s Investors Service, Inc., Fitch Investors Services, Inc. or Standard and Poor’s Ratings Group, have rated the securities in one of its top four rating categories) or, if the security is unrated, are determined by the Portfolio Manager to be of comparable quality.
  • The Fund may invest in preferred stocks.
  • The Fund may invest up to 20% of its assets in dividend paying common stocks.
  • The Portfolio Manager may shift the Fund’s assets among various types of income-producing securities based upon changing market conditions.  The Portfolio Manager performs its own extensive credit analyses to determine the creditworthiness and potential for capital appreciation of a security.


Performance [ as of December 31, 2016 1, 2 ]

Series 1 mo. 3 mo. 6 mo. CYTD 1 yr. 3 yr. 5 yr. 10 yr. *Since
Inception
Series A0.8 -1.3 0.7 7.7 7.7 -- -- -- 8.7
Benchmark - 65% Barclays US Government/Credit Index & 25% Barclays Global High Yield Index & 10% S&P 500 Index (all in $CAD)0.8 0.4 3.3 3.5 3.5 -- -- -- 6.1

Prices (Regular Series)

Fund CodesNAVPU
as of
Daily Change Weekly Change
Front EndBack End 02/24/2017 % $ % $  
NXG6201$10.2022 0.2023 0.0206 0.6919 0.0701

NAVPU - by Series


1 Returns for 1 month, 3 month, 6 month and CYTD are simple rates of return. The returns for 1 year and Since Inception are annual compound rates of return. Assumes all dividends have been reinvested.
2 Returns represent fund performance and do not include any sales commissions or redemption fees payable by the investor.

Top 10 Holdings [ as of December 31 ]

Name Country Sector % of total holdings Market Value
US TREASURY N/B 0.63% 09/30/2017 UNITED STATES TREASURIES 3.50% 1,872,077
CASH & EQUIVALENTS? CASH & EQUIVALENTS CASH & EQUIVALENTS? 3.20% 1,689,393
US TREASURY N/B 0.75% 01/15/2017 UNITED STATES TREASURIES 2.90% 1,545,530
US TREASURY N/B 0.63% 08/31/2017 UNITED STATES TREASURIES 2.50% 1,322,663
US TREASURY N/B 0.63% 06/30/2018 UNITED STATES TREASURIES 2.50% 1,295,291
US TREASURY N/B 0.75% 01/31/2018 UNITED STATES TREASURIES 1.90% 1,025,981
UNIVERSAL HEALTH SVCS 5.00% 06/01/2026 UNITED STATES CORPORATE BONDS 1.80% 961,319
GENERAL MOTORS FINL CO 5.25% 03/01/2026 UNITED STATES CORPORATE BONDS 1.40% 742,408
ALCATEL LUCENT USA INC 6.45% 03/15/2029 UNITED STATES CORPORATE BONDS 1.30% 710,827
VALEANT PHARMACEUTICALS 6.13% 04/15/2025 CANADA CORPORATE BONDS 1.30% 689,881
Total Displayed     35.50% 18,822,590
Total Holdings       52,843,561

Portfolio Sector Allocation
[ as of December 31** ]

CORPORATE BONDS 66.20%
TREASURIES 13.90%
CASH & EQUIVALENTS? 3.20%
ASSET BACKED SECURITIES 2.90%
FINANCIALS 2.60%
HEALTH CARE 1.70%
INFORMATION TECHNOLOGY 1.60%
CONSUMER STAPLES 1.40%
INDUSTRIALS 1.20%
ENERGY 1.10%
CONVERTIBLE BONDS 1.00%
MUNICIPAL BONDS 0.90%
UTILITIES 0.80%
CONSUMER DISCRETIONARY 0.60%
TOTAL 100.00%

Portfolio Geographic Allocation
[ as of December 31 ]

UNITED STATES 80.30%
UNITED KINGDOM 3.60%
CASH & EQUIVALENTS 3.20%
NETHERLANDS 3.00%
CANADA 2.80%
LUXEMBOURG 1.20%
FRANCE 1.10%
MEXICO 0.90%
BERMUDA 0.70%
SPAIN 0.50%
IRELAND 0.50%
ARGENTINA 0.50%
AUSTRIA 0.50%
SINGAPORE 0.40%
TOTAL 100.00%

** The Portfolio Sector Asset Allocations and Total Percentage Displayed in Top Holdings do not include non-cash working capital.

 Loomis Sayles Strategic Monthly Income Fund Snapshot
 
 
 
 

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in share value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.