Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
Loomis Sayles High Income C NEHCX
- NAV / 1-Day Return 3.46 / −0.31 %
- Total Assets 43.0 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.710%
- Distribution Fee Level Average
- Share Class Type Level Load
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 7.09%
- Effective Duration 3.49 years
USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:14 PM GMT+0
Morningstar’s Analysis NEHCX
Will NEHCX 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% | 2.70 | 1.2 Mil | Corporate |
CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.25% | 1.85 | 818,685 | Corporate |
DISH Network Corporation 3.375% | 1.69 | 747,931 | Corporate |
Uber Technologies Inc 4.5% | 1.67 | 739,700 | Corporate |
Fixed Inc Clearing Corp.Repo | 1.61 | 714,203 | Cash and Equivalents |
United States Treasury Bills 0.01% | 1.30 | 576,673 | Government |
CSMC TRUST 4.3733% | 1.22 | 541,084 | Securitized |
First Quantum Minerals Ltd. 6.875% | 1.18 | 523,053 | Corporate |
Icahn Enterprises, L.P. / Icahn Enterprises Finance Corporation 5.25% | 1.02 | 454,633 | Corporate |
Rocket Mortgage Llc / Rocket Mortgage Co-Issuer Incorporated 4% | 0.92 | 406,818 | Corporate |