NEFLX Fees and Costs — Loomis Sayles Limited Term Government and Agency Fund, Class A
Data updated: 2026-08-28
The net expense ratio is 0.70%: a 0.32% management fee, a 0.25% 12b-1 fee plus 0.20% other expenses, less a 0.07% fee waiver. This share class carries a maximum front-end sales load of 2.25%. Portfolio turnover was 269%.
NEFLX Fees and Expenses
Annual operating expenses and sales charges of NEFLX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.32% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.20% |
| Gross expense ratio | 0.77% |
| Fee waiver | −0.07% |
| Net expense ratio | 0.70% |
| Sales charges | |
|---|---|
| Max front load | 2.25% |
| 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 |
NEFLX Costs Over Time
On $10,000 invested in NEFLX, assuming 5% a year before costs, total costs come to $718 over 5 years, cutting the return by 1.21% 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 | $225 | $225 | $225 |
| Fund expenses (net expense ratio 0.70%) | $72 | $225 | $391 |
| Lost growth on money paid in costs | $11 | $47 | $102 |
| Total costs | $308 | $496 | $718 |
| Value after costs | $10,192 | $11,080 | $12,045 |
| Impact on return, per year | 3.08% | 1.52% | 1.21% |
NEFLX 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $6.9B
- Portfolio turnover (prospectus): 269%
- Securities lending: none during the year
NEFLX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $1.7B | 29.31% |
| Nomura Securities International, Inc. | $695.1M | 12.05% |
| Wells Fargo Securities, LLC | $656.6M | 11.39% |
| BMO Capital Markets Corp. | $611.4M | 10.60% |
| Morgan Stanley & Co. LLC | $512.6M | 8.89% |
| HSBC Securities (USA) Inc. | $403.1M | 6.99% |
| RBC Capital Markets, LLC | $342.8M | 5.95% |
| Citadel Securities LLC | $322.2M | 5.59% |
| Goldman Sachs & Co. LLC | $296.6M | 5.14% |
| BofA Securities, Inc. | $235.7M | 4.09% |
Loomis Sayles Limited Term Government and Agency Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| LGANX | Class N | 0.40% | none |
| NELYX | Class Y | 0.45% | none |
| LGATX | Class T | 0.70% | 2.50% |
| NEFLX | Class A | 0.70% | 2.25% |
| NECLX | Class C | 1.45% | 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.