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Natixis Sustainable Future 2045 Fund
mutual fund
NSFJX
Payout Change
Pending
Price as of:
$13.92
-0.07
-0.5%
primary theme
Target-Date 2045
share class
NSFJX (Mutual Fund)
Natixis Sustainable Future 2045 Fund
Payout Change
Pending
Price as of:
$13.92
-0.07
-0.5%
primary theme
Target-Date 2045
share class
NSFJX (Mutual Fund)
Natixis Sustainable Future 2045 Fund
Payout Change
Pending
Price as of:
$13.92
-0.07
-0.5%
primary theme
Target-Date 2045
share class
Name
As of 12/10/2024Price
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
17.2%
1 yr return
22.0%
3 Yr Avg Return
5.3%
5 Yr Avg Return
10.2%
Net Assets
$25.2 M
Holdings in Top 10
42.4%
52 WEEK LOW AND HIGH
$14.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.63%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 72.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/10/2024Price
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
NSFJX - Profile
Distributions
- YTD Total Return 17.2%
- 3 Yr Annualized Total Return 5.3%
- 5 Yr Annualized Total Return 10.2%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 0.93%
- Dividend Yield 0.1%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameNatixis Sustainable Future 2045 Fund
-
Fund Family NameNatixis Loomis Sayles Funds
-
Inception DateFeb 28, 2017
-
Shares OutstandingN/A
-
Share ClassN
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDaniel Price
Fund Description
The Fund employs an asset allocation strategy designed for investors planning to retire within a few years of the target year designated in the Fund’s name. The Fund allocates its assets among investments in segments (or allocable portions of the Fund’s assets) and underlying funds managed by the adviser or
affiliated advisers and subadvisers that invest directly in securities. Through these allocations, the Fund provides exposure to a variety of asset classes including U.S. equity and fixed-income securities; non-U.S. equity and fixed-income securities, including emerging markets securities; and U.S. government and/or agency securities. The Fund’s asset allocation will become more conservative over time by reducing its equity exposure and increasing its fixed-income exposure in accordance with a “glide path” until approximately 10 years following its target year. The Fund assumes a retirement age of 65 at the target year and is designed for investors who plan to withdraw the value of their account gradually after retirement.
The Fund follows a “sustainable investing approach” that aims to allocate the Fund’s assets to segments and underlying funds whose adviser or subadvisers, as part of their broader investment processes, actively consider material environmental, social and governance (“ESG”) factors in the evaluation and selection of portfolio securities and their potential effect on long-term value, performance and risks. Consistent with the Fund’s multi-disciplinary structure and as described in more detail below, the advisers or subadvisers to the Fund’s segments and underlying funds may consider material ESG factors differently in their investment processes. For example, there may be differences in how they source ESG-related research (proprietary versus third party), the extent to which they actively engage with company management, and/or their focus on companies whose products and services are designed to directly address and/or benefit from long-term environmental, social or governance trends. Notwithstanding these differences, it is expected that the Fund’s portfolio may be better positioned to deliver financial results over time and manage risks related to negative outcomes (for example, those related to the physical and regulatory risks related to climate change, poor human rights practices, or poor corporate governance). Certain strategies may also seek to exclude specific types of investments as part of the broader investment approach.
A brief description of the principal investment policies of the segments and underlying funds and asset classes in which the Fund may invest from time to time as well as the Fund’s target allocations can be found in the “More About Goals and Strategies” section of the prospectus. Under normal circumstances, the Fund may deviate no more than plus or minus 10% from its target allocations. The Fund’s Adviser, Natixis Advisors, may modify the selection of segments and underlying funds for the Fund from time to time. Natixis Advisors also determines the Fund’s glide path and target allocations.
The following glide path represents the shifting of equity and fixed-income allocations over time and shows how the Fund’s asset mix becomes more conservative as the target date approaches and passes. This reflects individuals’ expected need for reduced market risks as retirement approaches and for low portfolio volatility after retirement. The Fund is a “through” target date fund. This means that the Fund is expected to reach its final allocations approximately 10 years past its target year.
The Fund’s investments, whether directly through its separately managed segments or indirectly through investments in underlying funds, will generally include equity securities, such as common and preferred stocks, fixed-income investments, such as government bonds, investment grade corporate notes and
bonds, zero-coupon 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, asset-backed securities and mortgage-related securities, and may also include derivative transactions, such as forward currency contracts, structured notes, futures transactions and swap transactions. The Fund may invest in securities of any market capitalization.
The Fund’s Board of Trustees may approve combining the Fund with other Natixis Sustainable Future Funds® that have reached their final allocations if the Board determines that such combination would be in the best interest of such Funds’ shareholders.
NSFJX - Performance
Return Ranking - Trailing
| Period | NSFJX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 17.2% | 13.2% | 26.6% | 67.69% |
| 1 Yr | 22.0% | 17.5% | 27.6% | 61.54% |
| 3 Yr | 5.3%* | -0.8% | 8.0% | 40.21% |
| 5 Yr | 10.2%* | 5.7% | 11.5% | 21.39% |
| 10 Yr | N/A* | 6.1% | 10.2% | N/A |
* Annualized
Return Ranking - Calendar
| Period | NSFJX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 15.9% | 4.8% | 21.3% | 54.64% |
| 2022 | -21.9% | -65.7% | -14.5% | 41.24% |
| 2021 | 8.7% | -4.7% | 18.7% | 46.49% |
| 2020 | 7.2% | 2.3% | 15.5% | 93.06% |
| 2019 | 17.5% | 8.2% | 23.0% | 62.18% |
Total Return Ranking - Trailing
| Period | NSFJX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 17.2% | 13.2% | 26.6% | 67.69% |
| 1 Yr | 22.0% | 17.5% | 27.6% | 61.54% |
| 3 Yr | 5.3%* | -0.8% | 8.0% | 40.21% |
| 5 Yr | 10.2%* | 5.7% | 11.5% | 21.39% |
| 10 Yr | N/A* | 6.1% | 10.2% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | NSFJX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 20.7% | 11.2% | 37.0% | 26.29% |
| 2022 | -18.1% | -28.2% | 0.1% | 59.28% |
| 2021 | 17.1% | 4.2% | 22.9% | 51.89% |
| 2020 | 16.9% | 7.8% | 23.2% | 42.77% |
| 2019 | 25.2% | 21.3% | 37.2% | 52.56% |
NAV & Total Return History
NSFJX - Holdings
Concentration Analysis
| NSFJX | Category Low | Category High | NSFJX % Rank | |
|---|---|---|---|---|
| Net Assets | 25.2 M | 6.93 M | 79.9 B | 93.85% |
| Number of Holdings | 586 | 2 | 586 | 0.51% |
| Net Assets in Top 10 | 10.1 M | 9.98 M | 91 B | 98.46% |
| Weighting of Top 10 | 42.45% | 42.4% | 144.1% | 100.00% |
Top 10 Holdings
- Mirova International Sustainable Equity Fund 7.87%
- WCM Focused International Growth Fund 7.85%
- iShares ESG Aware MSCI EAFE ETF 7.80%
- WCM Focused Emerging Markets Fund 4.83%
- Mirova Global Green Bond Fund 3.50%
- FIXED INC CLEARING CORP.REPO 3.45%
- Loomis Sayles Inflation Protected Securities Fund 2.53%
- NVIDIA Corp 1.79%
- Loomis Sayles Limited Term Government and Agency Fund 1.69%
- Amazon.com Inc 1.12%
Asset Allocation
| Weighting | Return Low | Return High | NSFJX % Rank | |
|---|---|---|---|---|
| Stocks | 92.15% | 0.00% | 100.11% | 79.49% |
| Bonds | 4.55% | 0.00% | 25.62% | 5.13% |
| Other | 3.45% | -0.02% | 11.52% | 2.05% |
| Convertible Bonds | 0.22% | 0.00% | 1.09% | 15.90% |
| Preferred Stocks | 0.00% | 0.00% | 0.03% | 34.87% |
| Cash | 0.00% | 0.00% | 45.56% | 93.33% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | NSFJX % Rank | |
|---|---|---|---|---|
| Technology | 17.58% | 14.05% | 23.99% | 85.13% |
| Financial Services | 17.12% | 13.09% | 18.83% | 10.26% |
| Healthcare | 14.46% | 10.69% | 14.59% | 7.18% |
| Consumer Cyclical | 12.45% | 8.06% | 13.31% | 6.15% |
| Industrials | 11.71% | 9.12% | 12.31% | 13.85% |
| Communication Services | 7.67% | 5.69% | 10.23% | 26.15% |
| Consumer Defense | 6.78% | 4.68% | 11.06% | 44.62% |
| Energy | 3.57% | 2.33% | 6.54% | 77.95% |
| Real Estate | 3.28% | 1.86% | 10.17% | 72.31% |
| Basic Materials | 3.18% | 3.18% | 6.86% | 100.00% |
| Utilities | 2.22% | 1.89% | 8.09% | 95.90% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | NSFJX % Rank | |
|---|---|---|---|---|
| US | 92.15% | 0.00% | 100.11% | 78.46% |
| Non US | 0.00% | 0.00% | 38.46% | 40.00% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | NSFJX % Rank | |
|---|---|---|---|---|
| Government | 28.29% | 11.67% | 67.01% | 71.79% |
| Corporate | 26.64% | 3.21% | 43.85% | 18.97% |
| Securitized | 11.66% | 0.00% | 34.36% | 54.36% |
| Derivative | 0.00% | -0.02% | 1.09% | 40.51% |
| Cash & Equivalents | 0.00% | 0.00% | 78.34% | 67.18% |
| Municipal | 0.00% | 0.00% | 1.01% | 93.85% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | NSFJX % Rank | |
|---|---|---|---|---|
| US | 4.55% | 0.00% | 24.00% | 5.13% |
| Non US | 0.00% | 0.00% | 1.62% | 37.95% |
NSFJX - Expenses
Operational Fees
| NSFJX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.63% | 0.01% | 19.43% | 10.77% |
| Management Fee | 0.19% | 0.00% | 0.88% | 51.91% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 4.44% |
| Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
| NSFJX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| NSFJX 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.
| NSFJX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 72.00% | 0.42% | 115.00% | 97.74% |
NSFJX - Distributions
Dividend Yield Analysis
| NSFJX | Category Low | Category High | NSFJX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.09% | 0.00% | 6.14% | 9.74% |
Dividend Distribution Analysis
| NSFJX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| NSFJX | Category Low | Category High | NSFJX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.93% | -0.42% | 3.87% | 63.54% |
Capital Gain Distribution Analysis
| NSFJX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Apr 08, 2024 | $0.006 | OrdinaryDividend |
| Apr 08, 2024 | $0.058 | CapitalGainShortTerm |
| Apr 08, 2024 | $0.070 | CapitalGainLongTerm |
| Dec 27, 2023 | $0.158 | OrdinaryDividend |
| Dec 27, 2023 | $0.072 | CapitalGainShortTerm |
| Dec 27, 2023 | $0.196 | CapitalGainLongTerm |
| Apr 06, 2023 | $0.004 | OrdinaryDividend |
| Apr 06, 2023 | $0.052 | CapitalGainLongTerm |
| Dec 28, 2022 | $0.246 | OrdinaryDividend |
| Apr 06, 2022 | $0.278 | OrdinaryDividend |
| Dec 29, 2021 | $0.840 | OrdinaryDividend |
| Apr 08, 2021 | $0.170 | OrdinaryDividend |
| Dec 29, 2020 | $0.896 | OrdinaryDividend |
| Apr 08, 2020 | $0.141 | OrdinaryDividend |
| Dec 27, 2019 | $0.124 | CapitalGainShortTerm |
| Dec 27, 2019 | $0.327 | CapitalGainLongTerm |
| Dec 27, 2019 | $0.148 | OrdinaryDividend |
| Apr 10, 2019 | $0.141 | CapitalGainLongTerm |
| Dec 27, 2018 | $0.039 | CapitalGainShortTerm |
| Dec 27, 2018 | $0.992 | CapitalGainLongTerm |
| Dec 27, 2018 | $0.165 | OrdinaryDividend |
| Apr 10, 2018 | $0.082 | CapitalGainShortTerm |
| Dec 28, 2017 | $0.115 | OrdinaryDividend |
| Dec 28, 2017 | $0.057 | CapitalGainShortTerm |
| Dec 28, 2017 | $0.001 | CapitalGainLongTerm |
NSFJX - Fund Manager Analysis
Managers
Daniel Price
Start Date
Tenure
Tenure Rank
Oct 15, 2018
3.63
3.6%
Daniel Price is Chief Investment Officer and Portfolio Manager with Managed Portfolio Advisors®, a division of Natixis Advisors, L.P. He is responsible for implementing investment strategies and conducting due diligence on separate accounts, mutual funds and ETFs. He joined the firm in 2006 from Charles Schwab where he was director of the Managed Account Research Center. He has been in the financial services industry since 1997. Prior to Natixis, Mr. Price managed a team of analysts and provided research and consultative sales support to independent advisors as director of Charles Schwab’s Managed Account Research Center. He also contributed to manager selection and removal decisions as a member of Schwab’s Managed Account Select Investment Committee. Prior to Schwab, Mr. Price analyzed mutual funds and developed asset allocation recommendations for 401(k) participants at mPower, a web-based 401(k) advice provider, and held several positions at investment management firm Bailard Biehl & Kaiser. Mr. Price received his BA in biology from Middlebury College and is FINRA Series 7 and 66 licensed. He holds both the Chartered Financial Analyst® and the Financial Risk Manager designations and is a member of the CFA Society of San Francisco.
Marina Gross
Start Date
Tenure
Tenure Rank
Oct 15, 2018
3.63
3.6%
Ms. Gross joined Natixis Advisors in 2003 and currently serves as executive vice president and portfolio manager. She received a BSBA from Boston University.
Curt Overway
Start Date
Tenure
Tenure Rank
Oct 15, 2018
3.63
3.6%
Mr. Overway is president and portfolio manager with Managed Portfolio Advisors, a division of Natixis Asset Management Advisors, L.P. Based in Oakland, California, Managed Portfolio Advisors offers overlay management, product development and portfolio construction capabilities. Mr. Overway is also the president of Active Investment Advisors, another division of Natixis also based in Oakland, California, which specializes in managing index-based separate account solutions. Prior to joining Natixis, Mr. Overway was a vice president and principal at Jurika & Voyles, an investment management firm and a subsidiary of Natixis Global Asset Management. Previously, he worked as a financial analyst in the Municipal and Corporate Financing group at USL Capital. Mr. Overway has more than ten years of investment experience. He received a BS degree from the University of Michigan and an MBA from the Haas School of Business at the University of California at Berkeley. Additionally, he has served as an officer in the U.S. Navy. Mr. Overway holds the chartered financial analyst designation. Mr. Overway was selected for Separate Accounts Player of the Year for 2006 by the Institutional Investor News Publishing Group, based particularly on his work with multiple-discipline products. He was also nominated for the same honor in 2004.
Christopher Sharpe
Start Date
Tenure
Tenure Rank
Apr 30, 2019
3.09
3.1%
Christopher Sharpe is a Senior Vice President and Portfolio Manager at Natixis Advisors, L.P. In this role, he helps to oversee the firm’s target date strategies and model portfolios. Prior to joining the firm, Mr. Sharpe worked at Fidelity Investments, managing over $225 billion in multi-asset class mutual funds and institutional accounts. He also served previously as an investment policy officer at John Hancock. Mr. Sharpe holds a bachelor’s degree in applied mathematics from Brown University. He is a CFA® Charterholder, a Fellow of the Society of Actuaries, and FINRA Series 7 licensed.
Michael Mangan
Start Date
Tenure
Tenure Rank
Apr 30, 2019
3.09
3.1%
Michael Mangan is Partner, Portfolio Manager and Head of Private Wealth Management at Harris Associates L.P. He joined the firm in 1997 and has over 28 years of investment experience. Previously, Mr. Mangan worked at Stein Roe & Farnham managing portfolios for institutions and individuals and served as senior auditor at Continental Bank. Prior to that, he was with 1st Source Bank and First Bank Milwaukee N.A. Mr. Mangan received his BBA from the University of Iowa in 1985 and his MBA from Northwestern University in 1992. He is a Certified Public Accountant and a CFA® charterholder.
Michael Nicolas
Start Date
Tenure
Tenure Rank
Jan 28, 2020
2.34
2.3%
Mr. Nicolas joined the Harris Associates L.P. as an analyst in 2013. He holds a B.A. in Business Administration from the University of Wisconsin—Madison (2002).
Pramila Agrawal
Start Date
Tenure
Tenure Rank
Oct 30, 2020
1.58
1.6%
Pramila Agrawal is a vice president and head of the custom income strategies (CIS) group at Loomis, Sayles & Company and a portfolio manager for specialized insurance mandates. In this role, she co-manages assets with investment teams and collaborates with clients to design customized solutions. Pramila joined Loomis Sayles in 2007 as an analyst in the quantitative research risk analysis group where she worked with investment teams across the firm developing relative value tools, predictive models and portfolio construction process. Later, she joined the relative return team as a strategist, r
Daphne Du
Start Date
Tenure
Tenure Rank
Oct 19, 2021
0.61
0.6%
Daphne Du has co-managed the AIA U.S. Large Cap Value ESG Segment, the AIA U.S. Small/Mid Cap ESG Segment, and the AIA International Developed Markets Equity ESG Segment of each Fund since 2021. Mrs. Du is a Senior Vice President and Portfolio Manager for Direct Indexing and Integrated Portfolio Implementation for the Natixis Investment Managers Solutions division of Natixis Advisors and joined Natixis Advisors in 2017. She earned her Ph.D. in finance from the University of Hawaii at Manoa. In addition to a PhD, Mrs. Du received an M.A. from the Beijing University in China. She has over 15 years of investment experience.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 17.59 | 5.65 | 2.41 |
