LIPNX Fees and Costs — Loomis Sayles Inflation Protected Securities Fund, Class N
Data updated: 2026-08-28
The net expense ratio is 0.35%: a 0.25% management fee plus 0.27% other expenses, less a 0.17% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $187 in broker commissions, 0.0002% of average net assets, and portfolio turnover was 68%.
LIPNX Fees and Expenses
Annual operating expenses and sales charges of LIPNX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.27% |
| Gross expense ratio | 0.52% |
| Fee waiver | −0.17% |
| Net expense ratio | 0.35% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
LIPNX Costs Over Time
On $10,000 invested in LIPNX, assuming 5% a year before costs, total costs come to $222 over 5 years, cutting the return by 0.37% 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 |
| Fund expenses (net expense ratio 0.35%) | $37 | $115 | $202 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $6 | $20 |
| Total costs | $37 | $121 | $222 |
| Value after costs | $10,463 | $11,455 | $12,541 |
| Impact on return, per year | 0.37% | 0.37% | 0.37% |
LIPNX 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): 0.0002%
- Total broker commissions: $187
- Bought from dealers (principal trades, not a cost): $615.6M
- Portfolio turnover (prospectus): 68%
- Securities lending: none during the year
LIPNX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $187 | 100.00% |
LIPNX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $468.5M | 79.14% |
| Morgan Stanley & Co. LLC | $26.3M | 4.45% |
| Citadel Securities LLC | $20.6M | 3.49% |
| BMO Capital Markets Corp. | $15.7M | 2.66% |
| Goldman Sachs & Co. LLC | $15.4M | 2.59% |
| BNP Paribas Securities Corp. | $13.5M | 2.28% |
| Deutsche Bank Securities Inc. | $10.9M | 1.83% |
| J.P. Morgan Securities LLC | $9.5M | 1.60% |
| Jane Street Execution Services, LLC | $6.1M | 1.03% |
| BofA Securities, Inc. | $5.5M | 0.93% |
Loomis Sayles Inflation Protected Securities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| LIPNX | Class N | 0.35% | — |
| LSGSX | Institutional Class | 0.40% | — |
| LIPRX | Retail Class | 0.65% | — |
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.