Loomis Sayles Small/Mid Cap Growth Fund Institutional Class (LSMIX)
| Fund Assets | 227.16M |
| Expense Ratio | 0.85% |
| Min. Investment | $100,000 |
| Turnover | 74.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 13.75 |
| YTD Return | 0.66% |
| 1-Year Return | 7.75% |
| 5-Year Return | 41.99% |
| 52-Week Low | 11.13 |
| 52-Week High | 14.72 |
| Beta (5Y) | 1.00 |
| Holdings | 83 |
| Inception Date | Jun 30, 2015 |
About LSMIX
The Loomis Sayles Small/Mid Cap Growth Fund Institutional Class is an actively managed mutual fund designed to seek long-term capital growth through investments primarily in the common stocks and equity securities of small- and mid-cap companies. Employing a disciplined, bottom-up research process, the fund’s management team focuses on identifying high-quality, high-growth businesses—often referred to as “emerging winners”—that are poised to benefit from broad secular growth trends. Portfolio construction emphasizes risk management by integrating a clear stop/loss discipline and limiting exposure to recent IPOs and unprofitable companies. As of March 2025, the fund holds a diversified portfolio of approximately 82 holdings with an annual turnover rate near 74%, and it typically invests at least 80% of its assets in small- and mid-cap equities. Sector weights are actively managed to avoid excessive concentration relative to the fund’s benchmark, the Russell 2500 Growth Index. The fund is primarily intended for institutional investors, offering a sizable cost advantage with a competitive expense ratio, and plays a significant role in portfolios seeking exposure to dynamic, high-potential segments of the U.S. equity market.
Performance
LSMIX had a total return of 7.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.65%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VEXRX | Vanguard | Vanguard Explorer Fund Admiral Shares | 0.33% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| LSMNX | Class N | 0.83% |
Top 10 Holdings
19.05% of assets| Name | Symbol | Weight |
|---|---|---|
| Fixed Inc Clearing Corp.Repo | n/a | 2.79% |
| Casey's General Stores, Inc. | CASY | 1.94% |
| Natera, Inc. | NTRA | 1.93% |
| BJ's Wholesale Club Holdings, Inc. | BJ | 1.92% |
| Hamilton Lane Incorporated | HLNE | 1.82% |
| Penumbra, Inc. | PEN | 1.77% |
| Life Time Group Holdings, Inc. | LTH | 1.74% |
| CyberArk Software Ltd. | CYBR | 1.74% |
| Knife River Corporation | KNF | 1.73% |
| RBC Bearings Incorporated | RBC | 1.66% |