LGMAX Fees and Costs — Loomis Sayles Global Allocation Fund, Class A
Data updated: 2026-08-28
The net expense ratio is 1.16%: a 0.74% management fee, a 0.25% 12b-1 fee plus 0.17% other expenses. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2025 the fund paid $421K in broker commissions, 0.0145% of average net assets, and portfolio turnover was 35%.
LGMAX Fees and Expenses
Annual operating expenses and sales charges of LGMAX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.74% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.17% |
| Gross expense ratio | 1.16% |
| Fee waiver | — |
| Net expense ratio | 1.16% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
LGMAX Costs Over Time
On $10,000 invested in LGMAX, assuming 5% a year before costs, total costs come to $1,424 over 5 years, cutting the return by 2.45% 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 | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.16%) | $115 | $358 | $619 |
| Trading costs (broker commissions) | $1 | $4 | $8 |
| Lost growth on money paid in costs | $29 | $109 | $222 |
| Total costs | $720 | $1,046 | $1,424 |
| Value after costs | $9,780 | $10,531 | $11,339 |
| Impact on return, per year | 7.20% | 3.26% | 2.45% |
LGMAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0145%
- Total broker commissions: $421K
- Bought from dealers (principal trades, not a cost): $9.6B
- Portfolio turnover (prospectus): 35%
- Securities lending: none during the year
LGMAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $127K | 30.83% |
| Morgan Stanley & Co. LLC | $83K | 20.24% |
| BofA Securities, Inc. | $62K | 15.11% |
| Barclays Capital Inc. | $40K | 9.61% |
| SG Americas Securities, LLC | $36K | 8.69% |
| Goldman Sachs & Co. LLC | $21K | 5.08% |
| UBS Securities LLC | $18K | 4.33% |
| Citigroup Global Markets Inc. | $11K | 2.58% |
| RBC Capital Markets, LLC | $8K | 1.98% |
| Jefferies LLC | $6K | 1.55% |
LGMAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $8.5B | 91.17% |
| J.P. Morgan Securities LLC | $184.7M | 1.99% |
| Citigroup Global Markets Inc. | $122.3M | 1.32% |
| Goldman Sachs & Co. LLC | $116.8M | 1.26% |
| Barclays Capital Inc. | $98.7M | 1.06% |
| BNP Paribas Securities Corp. | $73.4M | 0.79% |
| Morgan Stanley & Co. LLC | $71.8M | 0.77% |
| BofA Securities, Inc. | $67.3M | 0.72% |
| Citadel Securities LLC | $44.4M | 0.48% |
| Deutsche Bank Securities Inc. | $40.3M | 0.43% |
Loomis Sayles Global Allocation Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| LGMNX | Class N | 0.83% | none |
| LSWWX | Class Y | 0.91% | none |
| LGMAX | Class A | 1.16% | 5.75% |
| LGMTX | Class T | 1.16% | 2.50% |
| LGMCX | Class C | 1.91% | none |
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.