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Trending ETFs

Loomis Sayles High Income Opportunities Fund

mutual fund
LSIOX
Payout Change
Pending
Price as of:
$8.95 +0.0 +0.0%
primary theme
High Yield Bond
share class
Instl (LSIOX)
LSIOX (Mutual Fund)

Loomis Sayles High Income Opportunities Fund

Payout Change
Pending
Price as of:
$8.95 +0.0 +0.0%
primary theme
High Yield Bond
share class
Instl (LSIOX)
LSIOX (Mutual Fund)

Loomis Sayles High Income Opportunities Fund

Payout Change
Pending
Price as of:
$8.95 +0.0 +0.0%
primary theme
High Yield Bond
share class
Instl (LSIOX)

Name

As of 10/04/2024

Price

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

Loomis Sayles High Income Opportunities Fund

LSIOX | Fund

$8.95

$240 M

6.72%

$0.60

-

Vitals

YTD Return

8.8%

1 yr return

17.1%

3 Yr Avg Return

1.8%

5 Yr Avg Return

4.3%

Net Assets

$240 M

Holdings in Top 10

14.1%

52 WEEK LOW AND HIGH

$9.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio N/A

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 62.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 10/04/2024

Price

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

Loomis Sayles High Income Opportunities Fund

LSIOX | Fund

$8.95

$240 M

6.72%

$0.60

-

LSIOX - Profile

Distributions

  • YTD Total Return 8.8%
  • 3 Yr Annualized Total Return 1.8%
  • 5 Yr Annualized Total Return 4.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 5.49%
DIVIDENDS
  • Dividend Yield 6.7%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Loomis Sayles High Income Opportunities Fund
  • Fund Family Name
    Natixis Loomis Sayles Funds
  • Inception Date
    Aug 27, 2013
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Matthew Eagan

Fund Description

Under normal market conditions, the Fund will invest substantially all of its assets, and may invest up to 100% of its assets, in high income securities (“High-Income Securities”). High-Income Securities are fixed-income securities that Loomis Sayles believes have the potential to generate relatively high levels of current income. High-Income Securities are often rated below investment-grade (below investment-grade securities are sometimes referred to as “high-yield securities” or “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’s Global Ratings) have rated the securities in one of their respective top four rating 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 approximately 20% of its assets in investment-grade fixed-income securities. The Fund may invest a portion of its assets in senior floating-rate loans made to U.S. and foreign borrowers. A significant portion of the securities purchased by the Fund may be issued by smaller-capitalization companies. There is no minimum rating for debt in which the Fund may invest.
Under normal market conditions, the Fund may invest up to 40% of its assets in foreign securities, including emerging market securities. The Fund may invest without limit in obligations of supranational entities (e.g., the World Bank). Although certain securities purchased by the Fund may be issued by domestic companies incorporated outside of the United States, the Adviser does not consider these securities to be foreign if the issuer is included in the U.S. fixed-income indices published by Bloomberg. The Fund may also invest in derivatives, including 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), purchasing or selling options or futures contracts to manage interest rate and credit risk.
The Fund’s investments may include, among other things, corporate debt securities, U.S. government obligations, U.S. dollar denominated foreign securities, zero-coupon and pay-in-kind securities, loan assignments and participations, delayed funding loans and revolving credit facilities, commercial paper, mortgage-backed securities, collateralized mortgage obligations, mortgage dollar rolls, collateralized debt and loan obligations and other asset-backed securities, securities issued pursuant to Rule 144A under the Securities Act of 1933 (“Rule 144A securities”), other privately placed investments such as private credit investments, when-issued securities, municipal bonds, repurchase agreements, debt-linked and equity-linked securities, convertible securities, preferred shares and illiquid securities.
In deciding which High-Income Securities to buy and sell, Loomis Sayles will consider, among other things, the financial strength of the issuer, yield, coupon rate, current interest rates, current valuations and comparisons of the level of risk associated with particular investments with Loomis Sayles’ expectations concerning the potential return of those types of investments. As part of its investment approach, Loomis Sayles generally seeks fixed-income securities of issuers whose credit profiles Loomis Sayles believes have the potential to stabilize or improve. With respect to investments in foreign securities, Loomis Sayles will consider the global economic environment, and the economic environment of the relevant country, taking into account factors such as GDP growth, inflation and other economic conditions, monetary policy, fiscal policy, leadership and social stability.
Loomis Sayles may invest significantly in securities whose price Loomis Sayles believes is more sensitive to events related to the underlying issuer than to changes in general interest rates or overall market default rates.
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LSIOX - Performance

Return Ranking - Trailing

Period LSIOX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.8% -5.4% 15.5% 11.97%
1 Yr 17.1% 0.0% 19.6% 15.21%
3 Yr 1.8%* -14.8% 21.0% 75.66%
5 Yr 4.3%* -11.8% 37.6% 33.33%
10 Yr 4.7%* -5.1% 20.1% 11.79%

* Annualized

Return Ranking - Calendar

Period LSIOX Return Category Return Low Category Return High Rank in Category (%)
2023 2.8% -4.7% 14.3% 91.23%
2022 -18.7% -33.4% 3.6% 89.02%
2021 -4.4% -8.4% 8.2% 97.79%
2020 2.9% -13.2% 302.7% 9.11%
2019 6.8% -4.4% 13.3% 67.57%

Total Return Ranking - Trailing

Period LSIOX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.8% -5.4% 15.5% 11.97%
1 Yr 17.1% 0.0% 19.6% 15.21%
3 Yr 1.8%* -14.8% 21.0% 75.66%
5 Yr 4.3%* -11.8% 37.6% 33.33%
10 Yr 4.7%* -5.1% 20.1% 11.79%

* Annualized

Total Return Ranking - Calendar

Period LSIOX Return Category Return Low Category Return High Rank in Category (%)
2023 10.8% -4.7% 18.7% 77.60%
2022 -12.9% -33.4% 47.8% 86.39%
2021 4.3% -8.4% 12.4% 67.52%
2020 9.2% -9.6% 325.6% 6.48%
2019 13.0% -3.8% 19.4% 61.62%

NAV & Total Return History

LSIOX - Holdings

Concentration Analysis

LSIOX Category Low Category High LSIOX % Rank
Net Assets 240 M 3.13 M 23.6 B 70.06%
Number of Holdings 530 2 3879 30.08%
Net Assets in Top 10 32.5 M -492 M 5.25 B 74.47%
Weighting of Top 10 14.09% 4.2% 146.0% 49.27%

Top 10 Holdings

  1. FIXED INC CLEARING CORP.REPO 3.88%
  2. U.S. Treasury Notes 2.38%
  3. DISH Network Corp 1.30%
  4. CCO Holdings LLC / CCO Holdings Capital Corp 1.24%
  5. Teva Pharmaceutical Finance Netherlands III BV 0.99%
  6. Directv Financing LLC / Directv Financing Co-Obligor Inc 0.97%
  7. CSC Holdings LLC 0.91%
  8. Hilton Grand Vacations Borrower Escrow LLC / Hilton Grand Vacations Borrower Esc 0.89%
  9. HUB International Ltd 0.78%
  10. CCO Holdings LLC / CCO Holdings Capital Corp 0.76%

Asset Allocation

Weighting Return Low Return High LSIOX % Rank
Bonds 		94.57% 0.00% 145.36% 59.39%
Convertible Bonds 		5.68% 0.00% 17.89% 3.90%
Other 		4.24% -39.08% 99.96% 5.04%
Stocks 		1.90% 0.00% 99.64% 24.76%
Preferred Stocks 		0.34% 0.00% 4.97% 24.23%
Cash 		0.00% -52.00% 48.02% 98.70%

Stock Sector Breakdown

Weighting Return Low Return High LSIOX % Rank
Communication Services 		87.25% 0.00% 99.99% 4.97%
Healthcare 		2.50% 0.00% 22.17% 11.11%
Energy 		2.23% 0.00% 100.00% 67.25%
Industrials 		2.03% 0.00% 93.12% 24.56%
Technology 		1.99% 0.00% 33.17% 17.54%
Consumer Defense 		1.36% 0.00% 100.00% 16.96%
Utilities 		0.73% 0.00% 100.00% 26.90%
Financial Services 		0.66% 0.00% 100.00% 25.73%
Consumer Cyclical 		0.45% 0.00% 100.00% 38.01%
Basic Materials 		0.42% 0.00% 100.00% 27.19%
Real Estate 		0.37% 0.00% 86.71% 19.01%

Stock Geographic Breakdown

Weighting Return Low Return High LSIOX % Rank
US 		1.90% 0.00% 99.64% 24.88%
Non US 		0.00% -0.01% 0.83% 93.82%

Bond Sector Breakdown

Weighting Return Low Return High LSIOX % Rank
Corporate 		87.44% 0.00% 100.00% 85.18%
Securitized 		4.80% 0.00% 97.24% 10.91%
Government 		3.46% 0.00% 99.07% 9.12%
Derivative 		0.00% -14.19% 42.26% 85.37%
Cash & Equivalents 		0.00% 0.00% 48.02% 98.54%
Municipal 		0.00% 0.00% 1.17% 91.86%

Bond Geographic Breakdown

Weighting Return Low Return High LSIOX % Rank
US 		94.57% 0.00% 126.57% 44.55%
Non US 		0.00% 0.00% 96.91% 96.75%

LSIOX - Expenses

Operational Fees

LSIOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio N/A 0.02% 38.33% 100.00%
Management Fee 0.00% 0.00% 1.75% 0.97%
12b-1 Fee 0.00% 0.00% 1.00% 15.41%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

LSIOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

LSIOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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.

LSIOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 62.00% 1.00% 255.00% 43.87%

LSIOX - Distributions

Dividend Yield Analysis

LSIOX Category Low Category High LSIOX % Rank
Dividend Yield 6.72% 0.00% 11.76% 5.82%

Dividend Distribution Analysis

LSIOX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annual Monthly Monthly

Net Income Ratio Analysis

LSIOX Category Low Category High LSIOX % Rank
Net Income Ratio 5.49% -2.39% 9.30% 9.77%

Capital Gain Distribution Analysis

LSIOX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

LSIOX - Fund Manager Analysis

Managers

Matthew Eagan

Start Date

Tenure

Tenure Rank

Apr 12, 2004

18.15

18.2%

Matthew J. Eagan is an Executive Vice President and a member of the Board of Directors of Loomis Sayles. Mr. Eagan started his investment career in 1989 and joined Loomis Sayles in 1997. Previously, he worked for Liberty Mutual Insurance Company as a senior fixed-income analyst and for BancBoston Financial Company as a senior credit analyst. Mr. Eagan received his BA from Northeastern University and his MBA from Boston University. He is a CFA® charterholder.

Elaine Stokes

Start Date

Tenure

Tenure Rank

Apr 12, 2004

18.15

18.2%

Elaine M. Stokes is an Executive Vice President and a member of the Board of Directors of Loomis Sayles. She has joined Loomis Sayles in 1988. Prior to becoming a portfolio manager in 2000, she had experience working in high yield, global and emerging markets, serving as a senior fixed-income trader and portfolio specialist. Ms. Stokes is co-head and founder of the Loomis Sayles Women's Network group and is on the executive board for the Strong Women, Strong Girls nonprofit organization. Ms. Stokes earned a BS from St. Michael's College.

Todd Vandam

Start Date

Tenure

Tenure Rank

Jul 19, 2019

2.87

2.9%

Todd Vandam is a Vice President at Loomis, Sayles & Company and co-portfolio manager with the fixed-income high yield and global high yield teams. Mr. Vandam began his career at Loomis Sayles in 1994 on the high yield trading desk. Prior to joining Loomis Sayles in 1994, Mr. Vandam worked as a Field Artillery Officer in the United States Army, most recently working as a Fire Support Officer stationed at Fort Davis, Panama. Mr. Vandam earned a BA in business and economics from Brown University. He is a member of the Boston Security Analysts Society and he is a CFA®charterholder.

Brian Kennedy

Start Date

Tenure

Tenure Rank

Jul 19, 2019

2.87

2.9%

Brian Kennedy is a Vice President of Loomis, Sayles & Company and co-portfolio manager of the firm’s multisector institutional strategies and mutual funds. Mr. Kennedy joined Loomis Sayles in 1994 as a securitized and government bond trader. Mr. Kennedy first joined the full discretion investment team as product manager in 2009, was promoted in 2013 to co-portfolio manager of the investment grade bond products and again in 2016 to co-portfolio manager of the multisector suite of products. He earned a BS from Providence College and an MBA from Babson College.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.13 37.79 7.3 8.17

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