Loomis Sayles Global Allocation Fund (LGMAX)
Loomis Sayles Global Allocation Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $26.68, up 0.60% on the session, giving a market capitalisation of $2.73B. Its beta of 1.11 implies it has historically moved more than the broad market.
Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings made for investment purposes) in equity and fixed-income securities of U.S. and foreign issuers. Equity securities purchased by the fund may include common stocks, preferred stocks, depositary receipts, warrants, securities convertible into common or preferred stocks, interests in real estate investment trusts ("REITs") and/or real estate-related securities and other equity-like interests in an issuer.
Loomis Sayles Global Allocation Fund is most often compared with the following Financial Services names: