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Loomis Sayles Inflation Protected Securities Fund
mutual fund
LIPRX
Payout Change
Pending
Price as of:
$9.71
+0.02
+0.21%
primary theme
TIPS
share class
LIPRX (Mutual Fund)
Loomis Sayles Inflation Protected Securities Fund
Payout Change
Pending
Price as of:
$9.71
+0.02
+0.21%
primary theme
TIPS
share class
LIPRX (Mutual Fund)
Loomis Sayles Inflation Protected Securities Fund
Payout Change
Pending
Price as of:
$9.71
+0.02
+0.21%
primary theme
TIPS
share class
Name
As of 10/08/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
3.9%
1 yr return
9.3%
3 Yr Avg Return
-1.6%
5 Yr Avg Return
2.3%
Net Assets
$108 M
Holdings in Top 10
94.3%
52 WEEK LOW AND HIGH
$9.7
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.81%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 57.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/08/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
LIPRX - Profile
Distributions
- YTD Total Return 3.9%
- 3 Yr Annualized Total Return -1.6%
- 5 Yr Annualized Total Return 2.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.76%
- Dividend Yield 2.2%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameLoomis Sayles Inflation Protected Securities Fund
-
Fund Family NameNatixis Loomis Sayles Funds
-
Inception DateMay 28, 2010
-
Shares OutstandingN/A
-
Share ClassIndividual
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerKevin Kearns
Fund Description
The Fund will normally invest at least 80% of its net assets (plus any borrowings made for investment purposes) in inflation-protected securities. The emphasis will be on debt securities issued by the U.S. Treasury (Treasury Inflation-Protected Securities, or “TIPS”). The principal value of these securities is periodically adjusted according to the rate of inflation, and repayment of the original bond principal upon maturity is guaranteed by the U.S. government.
In deciding which securities to buy and sell, Loomis Sayles may consider a number of factors related to the bond issue and the current bond market, for example, the stability and volatility of a country’s bond markets, the financial strength of the issuer, current interest rates, current valuations, Loomis Sayles’ expectations regarding general trends in interest rates and currency considerations. Loomis Sayles will also consider how purchasing or selling a bond would impact the overall portfolio’s risk profile (for example, its sensitivity to currency risk, interest rate risk and sector-specific risk) and potential return (income and capital gains).
The Fund may invest in other securities, including but not limited to inflation-protected debt securities issued by U.S. government agencies and instrumentalities other than the U.S. Treasury, by other entities such as corporations and foreign governments and by foreign issuers. The Fund may also invest in nominal (i.e., non-inflation-protected) treasury securities, corporate bonds, securities issued pursuant to Rule 144A under the Securities Act of 1933 (“Rule 144A securities”), other privately placed investments such as private credit investments, structured notes, collateralized loan obligations, asset-backed securities and mortgage-related securities, including mortgage dollar rolls, and may invest up to 10% of its assets in below investment-grade fixed-income securities (commonly known as “junk bonds”). Below investment-grade fixed-income securities are rated below investment-grade quality (i.e., none of the three major rating agencies (Moody’s Investors Service, Inc., Fitch Investor Services, Inc. or S&P Global Ratings) have rated the securities in one of their respective top four ratings categories). The Fund’s fixed-income securities investments may include unrated securities (securities that are not rated by a rating agency) if Loomis Sayles determines that the securities are of comparable quality to rated securities that the Fund may purchase. The Fund may invest in fixed-income securities of any maturity. The Fund may also invest in swaps (including credit default swaps, in which one party agrees to make periodic payments to a counterparty in exchange for the right to receive a payment in the event of a default of the underlying reference security) and other derivatives. The Fund may also engage in futures transactions and foreign currency transactions (such as forward currency contracts).
LIPRX - Performance
Return Ranking - Trailing
| Period | LIPRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.9% | -7.3% | 11.5% | 78.82% |
| 1 Yr | 9.3% | -8.8% | 26.0% | 31.53% |
| 3 Yr | -1.6%* | -13.7% | 4.7% | 72.73% |
| 5 Yr | 2.3%* | -6.7% | 5.5% | 58.12% |
| 10 Yr | 2.1%* | -2.1% | 3.3% | 43.18% |
* Annualized
Return Ranking - Calendar
| Period | LIPRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -0.2% | -8.7% | 5.1% | 71.14% |
| 2022 | -19.0% | -52.3% | -4.0% | 94.44% |
| 2021 | -0.8% | -7.9% | 7.7% | 81.44% |
| 2020 | 12.8% | -29.4% | 23.0% | 2.09% |
| 2019 | 6.5% | 0.8% | 16.7% | 14.74% |
Total Return Ranking - Trailing
| Period | LIPRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.9% | -7.3% | 11.5% | 78.82% |
| 1 Yr | 9.3% | -8.8% | 26.0% | 31.53% |
| 3 Yr | -1.6%* | -13.7% | 4.7% | 72.73% |
| 5 Yr | 2.3%* | -6.7% | 5.5% | 58.12% |
| 10 Yr | 2.1%* | -2.1% | 3.3% | 43.18% |
* Annualized
Total Return Ranking - Calendar
| Period | LIPRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 3.5% | -5.2% | 9.5% | 59.20% |
| 2022 | -12.7% | -40.1% | 9.2% | 84.34% |
| 2021 | 4.7% | -2.7% | 37.6% | 77.84% |
| 2020 | 13.8% | -0.5% | 27.5% | 13.61% |
| 2019 | 8.4% | 2.8% | 19.3% | 19.47% |
NAV & Total Return History
LIPRX - Holdings
Concentration Analysis
| LIPRX | Category Low | Category High | LIPRX % Rank | |
|---|---|---|---|---|
| Net Assets | 108 M | 968 K | 51.8 B | 91.13% |
| Number of Holdings | 27 | 2 | 1526 | 87.19% |
| Net Assets in Top 10 | 101 M | 891 K | 24.2 B | 79.31% |
| Weighting of Top 10 | 94.33% | 11.9% | 100.0% | 5.45% |
Top 10 Holdings
- U.S. Treasury Inflation-Indexed Notes 23.11%
- U.S. Treasury Inflation-Indexed Notes 17.97%
- U.S. Treasury Inflation-Indexed Notes 17.58%
- U.S. Treasury Inflation-Indexed Notes 13.58%
- U.S. Treasury Inflation-Indexed Bonds 9.24%
- U.S. Treasury Inflation-Indexed Notes 6.30%
- U.S. Treasury Inflation-Indexed Bonds 4.44%
- HSBC USA Inc 0.83%
- Discover Financial Services 0.72%
- Banco Bilbao Vizcaya Argentaria SA 0.56%
Asset Allocation
| Weighting | Return Low | Return High | LIPRX % Rank | |
|---|---|---|---|---|
| Bonds | 98.24% | 0.00% | 198.42% | 47.78% |
| Cash | 1.36% | -42.00% | 15.28% | 29.56% |
| Convertible Bonds | 0.79% | 0.00% | 3.96% | 11.82% |
| Other | 0.40% | -55.92% | 68.12% | 63.05% |
| Stocks | 0.00% | 0.00% | 100.03% | 24.63% |
| Preferred Stocks | 0.00% | 0.00% | 0.78% | 24.14% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | LIPRX % Rank | |
|---|---|---|---|---|
| Government | 87.67% | 6.70% | 112.97% | 49.26% |
| Corporate | 10.88% | 0.00% | 50.64% | 14.78% |
| Derivative | 0.00% | -22.87% | 13.49% | 67.98% |
| Cash & Equivalents | 0.00% | -0.08% | 15.28% | 78.33% |
| Securitized | 0.00% | 0.00% | 58.03% | 75.37% |
| Municipal | 0.00% | 0.00% | 1.28% | 35.47% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | LIPRX % Rank | |
|---|---|---|---|---|
| US | 98.24% | 0.00% | 174.44% | 43.35% |
| Non US | 0.00% | 0.00% | 42.19% | 49.26% |
LIPRX - Expenses
Operational Fees
| LIPRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.81% | 0.03% | 22.29% | 36.32% |
| Management Fee | 0.25% | 0.00% | 0.99% | 34.48% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 31.87% |
| Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
| LIPRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 4.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| LIPRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| LIPRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 57.00% | 0.00% | 246.00% | 45.88% |
LIPRX - Distributions
Dividend Yield Analysis
| LIPRX | Category Low | Category High | LIPRX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.15% | 0.00% | 14.25% | 40.39% |
Dividend Distribution Analysis
| LIPRX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Monthly | Monthly |
Net Income Ratio Analysis
| LIPRX | Category Low | Category High | LIPRX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 3.76% | -0.06% | 6.71% | 51.00% |
Capital Gain Distribution Analysis
| LIPRX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 26, 2024 | $0.052 | OrdinaryDividend |
| Jun 26, 2024 | $0.185 | OrdinaryDividend |
| Mar 25, 2024 | $0.020 | OrdinaryDividend |
| Dec 19, 2023 | $0.050 | OrdinaryDividend |
| Sep 26, 2023 | $0.095 | OrdinaryDividend |
| Jun 26, 2023 | $0.177 | OrdinaryDividend |
| Mar 24, 2023 | $0.027 | OrdinaryDividend |
| Dec 21, 2022 | $0.070 | OrdinaryDividend |
| Sep 26, 2022 | $0.268 | OrdinaryDividend |
| Jun 24, 2022 | $0.292 | OrdinaryDividend |
| Mar 24, 2022 | $0.138 | OrdinaryDividend |
| Dec 21, 2021 | $0.260 | OrdinaryDividend |
| Sep 24, 2021 | $0.190 | OrdinaryDividend |
| Jun 24, 2021 | $0.147 | OrdinaryDividend |
| Mar 24, 2021 | $0.043 | OrdinaryDividend |
| Dec 18, 2020 | $0.058 | OrdinaryDividend |
| Sep 24, 2020 | $0.031 | OrdinaryDividend |
| Mar 25, 2020 | $0.009 | OrdinaryDividend |
| Dec 18, 2019 | $0.034 | OrdinaryDividend |
| Sep 25, 2019 | $0.047 | OrdinaryDividend |
| Jun 25, 2019 | $0.103 | OrdinaryDividend |
| Dec 19, 2018 | $0.040 | OrdinaryDividend |
| Sep 25, 2018 | $0.068 | OrdinaryDividend |
| Jun 26, 2018 | $0.112 | OrdinaryDividend |
| Mar 26, 2018 | $0.043 | OrdinaryDividend |
| Dec 20, 2017 | $0.082 | OrdinaryDividend |
| Sep 28, 2017 | $0.031 | OrdinaryDividend |
| Jun 28, 2017 | $0.071 | OrdinaryDividend |
| Mar 29, 2017 | $0.039 | OrdinaryDividend |
| Dec 20, 2016 | $0.025 | OrdinaryDividend |
| Sep 30, 2016 | $0.058 | OrdinaryDividend |
| Jun 30, 2016 | $0.005 | OrdinaryDividend |
| Dec 21, 2015 | $0.011 | OrdinaryDividend |
| Sep 29, 2015 | $0.049 | OrdinaryDividend |
| Sep 23, 2014 | $0.056 | OrdinaryDividend |
| Jun 19, 2014 | $0.119 | OrdinaryDividend |
| Mar 20, 2014 | $0.002 | OrdinaryDividend |
| Dec 18, 2013 | $0.004 | OrdinaryDividend |
| Dec 18, 2013 | $0.094 | CapitalGainShortTerm |
| Dec 18, 2013 | $0.010 | CapitalGainLongTerm |
| Sep 24, 2013 | $0.042 | OrdinaryDividend |
| Jun 20, 2013 | $0.025 | OrdinaryDividend |
| Dec 17, 2012 | $0.086 | OrdinaryDividend |
| Dec 17, 2012 | $0.298 | CapitalGainShortTerm |
| Dec 17, 2012 | $0.407 | CapitalGainLongTerm |
| Jun 18, 2012 | $0.141 | OrdinaryDividend |
| Mar 19, 2012 | $0.031 | OrdinaryDividend |
| Dec 14, 2011 | $0.092 | OrdinaryDividend |
| Dec 14, 2011 | $0.146 | CapitalGainLongTerm |
| Sep 15, 2011 | $0.075 | OrdinaryDividend |
| Jun 16, 2011 | $0.239 | OrdinaryDividend |
| Mar 17, 2011 | $0.103 | OrdinaryDividend |
| Dec 09, 2010 | $0.090 | OrdinaryDividend |
| Sep 16, 2010 | $0.059 | OrdinaryDividend |
| Jun 17, 2010 | $0.038 | OrdinaryDividend |
LIPRX - Fund Manager Analysis
Managers
Kevin Kearns
Start Date
Tenure
Tenure Rank
Apr 23, 2012
10.11
10.1%
Kevin Kearns is a Vice President, Portfolio Manager, and Senior Derivatives Strategist in the absolute return and credit opportunity area within the fixed-income group of Loomis, Sayles & Company. Prior to joining Loomis Sayles in 2007, Mr. Kearns was the director of derivatives, quantitative analysis and risk management at Boldwater Capital Management in Boston, where he was responsible for the development and implementation of a credit-focused relative value hedge fund. Mr. Kearns earned a degree in physics from Bridgewater State College and an MBA from Bryant College.
Elaine Kan
Start Date
Tenure
Tenure Rank
Apr 23, 2012
10.11
10.1%
Elaine Kan, CFA has served as a portfolio manager of the Loomis Sayles Inflation Protected Securities Fund since 2012. Ms. Kan, Vice President and rate and currency strategist for the fixed income group of Loomis Sayles, began her investment career in 1997 and joined Loomis Sayles in 2011. Prior to joining Loomis Sayles, she was a portfolio analyst at Convexity Capital Management. Previously, she was a fixed income analyst at Harvard Management Company. Ms. Kan earned a B.S. in engineering, a B.S. in finance and an M.S. in electrical engineering from the Massachusetts Institute of Technology. Ms. Kan holds the designation of Chartered Financial Analyst®
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.17 | 20.51 | 6.55 | 11.1 |
