LSSIX Fees and Costs — Loomis Sayles Small Cap Growth Fund, Institutional Class
Data updated: 2026-08-28
The net expense ratio is 0.93%: a 0.75% management fee plus 0.18% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $1.5M in broker commissions, 0.0689% of average net assets, and portfolio turnover was 41%.
LSSIX Fees and Expenses
Annual operating expenses and sales charges of LSSIX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.18% |
| Gross expense ratio | 0.93% |
| Fee waiver | — |
| Net expense ratio | 0.93% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
LSSIX Costs Over Time
On $10,000 invested in LSSIX, assuming 5% a year before costs, total costs come to $625 over 5 years, cutting the return by 1.05% 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 0.93%) | $98 | $305 | $528 |
| Trading costs (broker commissions) | $7 | $23 | $39 |
| Lost growth on money paid in costs | $0 | $16 | $57 |
| Total costs | $105 | $343 | $625 |
| Value after costs | $10,395 | $11,233 | $12,138 |
| Impact on return, per year | 1.05% | 1.05% | 1.05% |
LSSIX 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): 0.0689%
- Total broker commissions: $1.5M
- Bought from dealers (principal trades, not a cost): $15.4B
- Portfolio turnover (prospectus): 41%
- Securities lending: none during the year
LSSIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $332K | 30.18% |
| Morgan Stanley & Co. LLC | $138K | 12.54% |
| Piper Sandler & Co. | $103K | 9.37% |
| Truist Securities, Inc. | $100K | 9.07% |
| Robert W. Baird & Co. Incorporated | $85K | 7.77% |
| Liquidnet, Inc. | $84K | 7.60% |
| Oppenheimer & Co. Inc. | $83K | 7.53% |
| Goldman Sachs & Co. LLC | $80K | 7.25% |
| Sanford C. Bernstein & Co., LLC | $49K | 4.45% |
| BofA Securities, Inc. | $47K | 4.25% |
LSSIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $15.4B | 99.75% |
| J.P. Morgan Securities LLC | $15.1M | 0.10% |
| Goldman Sachs & Co. LLC | $13.0M | 0.08% |
| Barclays Capital Inc. | $6.2M | 0.04% |
| Morgan Stanley & Co. LLC | $3.8M | 0.02% |
| Piper Sandler & Co. | $193K | 0.00% |
Loomis Sayles Small Cap Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| LSSNX | Class N | 0.82% | — |
| LSSIX | Institutional Class | 0.93% | — |
| LCGRX | Retail Class | 1.18% | — |
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.