Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
Loomis Sayles High Income A NEFHX
- NAV / 1-Day Return 3.52 / 0.00
- Total Assets 43.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.960%
- Distribution Fee Level Below Average
- Share Class Type Front Load
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 7.77%
- Effective Duration 3.50 years
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:19 PM GMT+0
Morningstar’s Analysis NEFHX
Will NEFHX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 14.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
CSC Holdings, LLC 4.625% | 2.45 | 1.1 Mil | Corporate |
Fixed Inc Clearing Corp.Repo | 2.41 | 1.1 Mil | Cash and Equivalents |
CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.25% | 1.94 | 870,637 | Corporate |
Uber Technologies Inc 4.5% | 1.87 | 837,688 | Corporate |
DISH Network Corporation 3.375% | 1.63 | 733,700 | Corporate |
United States Treasury Bills 0.01% | 1.28 | 574,287 | Government |
CSMC TRUST 4.3733% | 1.17 | 523,594 | Securitized |
Rocket Mortgage Llc / Rocket Mortgage Co-Issuer Incorporated 4% | 1.13 | 505,042 | Corporate |
First Quantum Minerals Ltd. 6.875% | 1.11 | 498,020 | Corporate |
Icahn Enterprises, L.P. / Icahn Enterprises Finance Corporation 5.25% | 0.99 | 445,252 | Corporate |