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Morningstar

Loomis Sayles Ltd Term Govt and Agency C NECLX

Morningstar Medalist Rating
Medalist Rating as of | See Natixis Investment Hub
  • NAV / 1-Day Return 10.62  /  0.18 %
  • Total Assets 748.6 Mil
  • Adj. Expense Ratio
    1.450%
  • Expense Ratio 1.450%
  • Distribution Fee Level Average
  • Share Class Type Level Load
  • Category Short Government
  • Credit Quality / Interest Rate Sensitivity High / Limited
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 2.57%
  • Effective Duration 2.14 years

USD | NAV as of Nov 30, 2023 | 1-Day Return as of Nov 30, 2023, 11:18 PM GMT+0

Morningstar’s Analysis NECLX

Will NECLX 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 NECLX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the NECLX 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 NECLX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strong pillars in a competitive, fee-driven peer group.

Associate Director Brian Moriarty

Brian Moriarty

Associate Director

Summary

Loomis Sayles Limited Term Government and Agency has a well-resourced team and consistent approach, but its fees are an impediment in the competitive, low-yielding short government Morningstar Category. That leads to a Morningstar Analyst Rating of Neutral for its cheaper share classes and Negative for its most expensive.

by Brian Moriarty
Rated on Published on

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Portfolio Holdings NECLX

More NECLX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 281
  • Other Holdings 7
  • % Assets in Top 10 Holdings 38.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 2.75%

8.02
65,774,888
Government

Federal National Mortgage Association 0%

5.87
48,130,000
Cash and Equivalents

United States Treasury Notes 5.125%

5.86
48,054,906
Government

United States Treasury Notes 4%

5.09
41,784,641
Government

United States Treasury Notes 4.625%

3.63
29,807,803
Government

United States Treasury Notes 4.25%

3.38
27,707,520
Government

United States Treasury Notes 3.875%

3.19
26,163,431
Government

United States Treasury Notes 4.625%

2.49
20,426,974
Government

Federal Home Loan Banks 0.01%

2.45
20,098,570
Cash and Equivalents

Federal Home Loan Banks 0%

2.42
19,850,000
Cash and Equivalents