Loomis Sayles Senior Floating Rate and Fixed Income’s aggressive profile within the bank loan Morningstar Category belies its lack of a clear advantage, whether in terms of its resources or approach. It earns a Morningstar Analyst Rating of Neutral for most share classes and Negative for its most expensive C share class.
Loomis Sayles Sr Floating Rate and F/I Y LSFYX
NAV / 1-Day Return
8.38
/
0.26
%
Total Assets
1.3 Bil
Adj. Expense Ratio
0.810%
Expense Ratio
0.810%
Fee Level
High
Longest Manager Tenure
10.85
years
Category
Bank Loan
Credit Quality / Interest Rate Sensitivity
Low / LimitedMin. Initial Investment
100,000
Status
Open
TTM Yield
4.63%
Effective Duration
0.27
years
Morningstar’s Analysis
Will LSFYX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LSFYX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the LSFYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of LSFYX’s parent organization’s priorities and whether they’re in line with investors’ interests.
While recent credit risk has moderated, this remains an aggressive bank loan option.
