LSFAX Fees and Costs — Loomis Sayles Senior Floating Rate and Fixed Income Fund, Class A
Data updated: 2026-07-29
The net expense ratio is 0.99%: a 0.60% management fee, a 0.25% 12b-1 fee plus 0.22% other expenses, less a 0.08% fee waiver. This share class carries a maximum front-end sales load of 3.50%. In fiscal 2025 the fund paid $15K in broker commissions, 0.0021% of average net assets, and portfolio turnover was 127%.
LSFAX Fees and Expenses
Annual operating expenses and sales charges of LSFAX. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.22% |
| Gross expense ratio | 1.07% |
| Fee waiver | −0.08% |
| Net expense ratio | 0.99% |
| Sales charges | |
|---|---|
| Max front load | 3.50% |
| 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 |
LSFAX Costs Over Time
On $10,000 invested in LSFAX, assuming 5% a year before costs, total costs come to $1,046 over 5 years, cutting the return by 1.78% 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 | $350 | $350 | $350 |
| Fund expenses (net expense ratio 0.99%) | $100 | $313 | $543 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $17 | $71 | $152 |
| Total costs | $468 | $734 | $1,046 |
| Value after costs | $10,032 | $10,842 | $11,717 |
| Impact on return, per year | 4.68% | 2.27% | 1.78% |
LSFAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0021%
- Total broker commissions: $15K
- Bought from dealers (principal trades, not a cost): $14.3B
- Portfolio turnover (prospectus): 127%
- Securities lending: none during the year
LSFAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $7K | 50.61% |
| BofA Securities, Inc. | $7K | 49.39% |
LSFAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $12.6B | 90.16% |
| J.P. Morgan Securities LLC | $374.9M | 2.69% |
| BofA Securities, Inc. | $215.1M | 1.54% |
| Goldman Sachs & Co. LLC | $191.6M | 1.37% |
| Barclays Capital Inc. | $132.4M | 0.95% |
| Morgan Stanley & Co. LLC | $119.6M | 0.86% |
| RBC Capital Markets, LLC | $98.6M | 0.71% |
| Jefferies LLC | $91.8M | 0.66% |
| Citigroup Global Markets Inc. | $88.8M | 0.64% |
| Wells Fargo Securities, LLC | $60.8M | 0.44% |
Loomis Sayles Senior Floating Rate and Fixed Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| LSFNX | Class N | 0.69% | none |
| LSFYX | Class Y | 0.74% | none |
| LSFAX | Class A | 0.99% | 3.50% |
| LSFTX | Class T | 0.99% | 2.50% |
| LSFCX | Class C | 1.74% | 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.