About NECRX
The Loomis Sayles Core Plus Bond Fund Class C is a mutual fund that primarily invests in a broad array of fixed income securities with the goal of achieving a high total investment return, combining both current income and potential capital appreciation. Its strategy emphasizes a core allocation to investment-grade U.S. bonds, including government, corporate, and securitized debt, while having the flexibility to incorporate high-yield, bank loans, emerging market debt, and non-U.S. currency exposures. This approach enables the fund to seek additional yield and return potential beyond traditional core bond allocations.
Maintaining a diversified portfolio with over 800 holdings and an effective duration typically near or just above seven years, the fund aims to navigate various interest rate environments and credit conditions. More than 65% of its assets are allocated to investment-grade securities, upholding a disciplined risk profile while allowing room for opportunistic investments. The fund distributes income monthly, which can make it attractive to investors seeking regular payouts. Launched in 1973 and actively managed by Loomis Sayles, the fund plays a role for investors seeking to balance income generation and capital preservation within their fixed income portfolios.
Fund Family Loomis Sayles Funds
Category Intermediate Core-Plus Bond
Performance Rating Low
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol NECRX
Share Class Class C
Index Bloomberg U.S. Aggregate Bond TR
NECRX had a total return of -3.33% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.07%.
