C000018159 Fees and Costs — Loomis Sayles Multi-Asset Income Fund, Class A
Data updated: 2020-03-16
The net expense ratio is 1.00% (1.14% before fee waivers). This share class carries a maximum front-end sales load of 4.25%. In fiscal 2019 the fund paid $86K in broker commissions, 0.0798% of average net assets, and portfolio turnover was 282%.
C000018159 Fees and Expenses
Annual operating expenses and sales charges of C000018159. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.29% |
| Gross expense ratio | 1.14% |
| Fee waiver | −0.14% |
| Net expense ratio | 1.00% |
| Sales charges | |
|---|---|
| Max front load | 4.25% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000018159 Costs Over Time
On $10,000 invested in C000018159, assuming 5% a year before costs, total costs come to $1,188 over 5 years, cutting the return by 2.03% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $425 | $425 | $425 |
| Fund expenses (net expense ratio 1.00%) | $101 | $313 | $543 |
| Trading costs (broker commissions) | $8 | $25 | $43 |
| Lost growth on money paid in costs | $21 | $84 | $177 |
| Total costs | $555 | $847 | $1,188 |
| Value after costs | $9,945 | $10,729 | $11,575 |
| Impact on return, per year | 5.55% | 2.63% | 2.03% |
C000018159 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0798%
- Total broker commissions: $86K
- Bought from dealers (principal trades, not a cost): $1.2B
- Portfolio turnover (prospectus): 282%
- Securities lending: none during the year
C000018159 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $19K | 23.82% |
| Credit Suisse Securities (USA) LLC | $15K | 18.99% |
| J.P. Morgan Securities LLC | $14K | 16.58% |
| Sanford C. Bernstein & Co., LLC | $9K | 10.93% |
| Pershing LLC | $7K | 9.08% |
| UBS Securities LLC | $5K | 6.04% |
| Citigroup Global Markets Inc. | $4K | 4.41% |
| Deutsche Bank Securities Inc. | $4K | 4.38% |
| Barclays Capital Inc. | $3K | 3.14% |
| BofA Securities, Inc. | $2K | 2.62% |
C000018159 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $901.7M | 81.57% |
| BofA Securities, Inc. | $42.7M | 3.86% |
| Citigroup Global Markets Inc. | $36.0M | 3.25% |
| Goldman Sachs & Co. LLC | $34.9M | 3.16% |
| HSBC Securities (USA) Inc. | $22.1M | 2.00% |
| J.P. Morgan Securities LLC | $20.8M | 1.88% |
| Morgan Stanley & Co. LLC | $16.1M | 1.45% |
| Santander Investment Securities Inc. | $11.5M | 1.04% |
| Nomura Securities International, Inc. | $11.2M | 1.01% |
| Deutsche Bank Securities Inc. | $8.6M | 0.78% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.