C000121922 Fees and Costs — Loomis Sayles Intermediate Municipal Bond Fund, Class A
Data updated: 2022-05-24
The net expense ratio is 0.71%: a 0.40% management fee, a 0.25% 12b-1 fee plus 0.78% other expenses, less a 0.72% fee waiver. This share class carries a maximum front-end sales load of 3.00%. Portfolio turnover was 41%.
C000121922 Fees and Expenses
Annual operating expenses and sales charges of C000121922. Prospectus, as of April 30, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.78% |
| Gross expense ratio | 1.43% |
| Fee waiver | −0.72% |
| Net expense ratio | 0.71% |
| Sales charges | |
|---|---|
| Max front load | 3.00% |
| 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 |
C000121922 Costs Over Time
On $10,000 invested in C000121922, assuming 5% a year before costs, total costs come to $816 over 5 years, cutting the return by 1.38% 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 | $300 | $300 | $300 |
| Fund expenses (net expense ratio 0.71%) | $72 | $226 | $394 |
| Lost growth on money paid in costs | $15 | $58 | $123 |
| Total costs | $387 | $585 | $816 |
| Value after costs | $10,113 | $10,991 | $11,947 |
| Impact on return, per year | 3.87% | 1.80% | 1.38% |
C000121922 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $718.8M
- Portfolio turnover (prospectus): 41%
- Securities lending: none during the year
C000121922 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $690.4M | 96.72% |
| Barclays Capital Inc. | $4.5M | 0.63% |
| Pershing LLC | $3.7M | 0.52% |
| Hilltop Securities Inc. | $2.9M | 0.41% |
| J.P. Morgan Securities LLC | $2.5M | 0.36% |
| Morgan Stanley & Co. LLC | $2.5M | 0.35% |
| RBC Capital Markets, LLC | $2.3M | 0.32% |
| Goldman Sachs & Co. LLC | $1.9M | 0.27% |
| BofA Securities, Inc. | $1.7M | 0.24% |
| National Financial Services LLC | $1.4M | 0.20% |
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.