About NEFHX
Loomis Sayles High Income Fund Class A is a mutual fund that seeks high current income along with opportunities for capital appreciation to deliver strong total returns. Managed by Loomis Sayles, it employs a repeatable, deep-value, equity-like approach to fundamental research and issue selection within global high yield markets, focusing primarily on below-investment-grade fixed-income securities, which constitute at least 80% of its assets. The fund allocates heavily to high yield credit (around 80%), supplemented by bank loans, convertibles, emerging market credit, securitized assets, and minimal investment-grade holdings, with nearly all exposure in U.S. dollar-denominated instruments from predominantly U.S. issuers. Notable features include allocations to out-of-benchmark securities for diversification, risk awareness tools integrated into the investment process, an average maturity of about 4.5 years, and a weighted average duration around 2.8 years. Class A shares cater to retail investors with a minimum initial investment of $2,500, featuring a front-load structure and a net expense ratio of approximately 0.96%. In the high yield bond category, it benchmarks against the Bloomberg US Corporate High Yield Index, emphasizing credit sectors like retailers and maintaining a portfolio of roughly 370 issues for broad exposure.
Fund Family Loomis Sayles Funds
Category High Yield Bond
Stock Exchange NASDAQ
Ticker Symbol NEFHX
Share Class Class A
Index Bloomberg U.S. Corporate High Yield TR
NEFHX had a total return of 5.69% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.88%.
