LIGTX Fees and Costs — Loomis Sayles Investment Grade Bond Fund, Class T
Data updated: 2026-08-28
The net expense ratio is 0.74%: a 0.40% management fee, a 0.25% 12b-1 fee plus 0.16% other expenses, less a 0.07% fee waiver. This share class carries a maximum front-end sales load of 2.50%. In fiscal 2025 the fund paid $1.4M in broker commissions, 0.0084% of average net assets, and portfolio turnover was 51%.
LIGTX Fees and Expenses
Annual operating expenses and sales charges of LIGTX. Prospectus, as of April 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.81% |
| Fee waiver | −0.07% |
| Net expense ratio | 0.74% |
| Sales charges | |
|---|---|
| Max front load | 2.50% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
LIGTX Costs Over Time
On $10,000 invested in LIGTX, assuming 5% a year before costs, total costs come to $778 over 5 years, cutting the return by 1.31% 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 | $250 | $250 | $250 |
| Fund expenses (net expense ratio 0.74%) | $76 | $237 | $412 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $12 | $51 | $111 |
| Total costs | $339 | $541 | $778 |
| Value after costs | $10,161 | $11,035 | $11,985 |
| Impact on return, per year | 3.39% | 1.66% | 1.31% |
LIGTX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0084%
- Total broker commissions: $1.4M
- Bought from dealers (principal trades, not a cost): $120.6B
- Portfolio turnover (prospectus): 51%
- Securities lending: none during the year
LIGTX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.4M | 100.00% |
LIGTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $103.2B | 88.78% |
| J.P. Morgan Securities LLC | $2.8B | 2.45% |
| Morgan Stanley & Co. LLC | $2.8B | 2.44% |
| Citigroup Global Markets Inc. | $1.5B | 1.29% |
| BofA Securities, Inc. | $1.4B | 1.21% |
| Citadel Securities LLC | $995.9M | 0.86% |
| Wells Fargo Securities, LLC | $971.4M | 0.84% |
| Goldman Sachs & Co. LLC | $950.5M | 0.82% |
| Barclays Capital Inc. | $782.7M | 0.67% |
| Nomura Securities International, Inc. | $749.6M | 0.64% |
Loomis Sayles Investment Grade Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| LGBNX | Class N | 0.43% | none |
| LSIIX | Class Y | 0.48% | none |
| LIGRX | Class A | 0.73% | 4.25% |
| LIGTX | Class T | 0.74% | 2.50% |
| LIGAX | Admin Class | 0.98% | none |
| LGBCX | Class C | 1.48% | 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.