Loomis Sayles Funds - Global Bond Fund Retail Class (Trust I) (LSGLX)
Loomis Sayles Funds - Global Bond Fund Retail Class (Trust I) operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $14.62, up 0.14% on the session, giving a market capitalisation of $294.5M. Its beta of 1.19 implies it has historically moved more than the broad market.
The fund aims to deliver a robust overall investment return by balancing substantial current income with potential capital growth. Typically, at least 80% of its net assets—including any funds borrowed for investment purposes—will be allocated to fixed-income instruments. This allocation encompasses bonds, notes, debentures, and loans, as well as other investments that Loomis Sayles identifies as possessing similar economic attributes. While the portfolio primarily focuses on investment-grade debt securities from around the globe, it retains the flexibility to invest up to one-fifth (20%) of its assets in lower-rated fixed-income securities, often referred to as "junk bonds."
Loomis Sayles Funds - Global Bond Fund Retail Class (Trust I) is most often compared with the following Financial Services names: