Loomis Sayles Strategic Monthly Income Fund

NXG 6208
Fund Code
2015-09-17
Inception Date
$95,487,452
As of 2020-05-26
Total Net Assets
$9.7024
(Trust, F)
As of 2020-05-26
NAVPS
Global Fixed Income
Asset Class
Bloomberg Barclays US Aggregate Bond Index (CAD Hedged)
Benchmark

Fund Overview

Investment Objective

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

Investment Strategy

  • 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.
  • 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).

Reasons to own the fund

  • Investors seeking income and capital appreciation from fixed income markets primarily outside Canada.

Sales and Support

For financial professionals