NERNX Fees and Costs — Loomis Sayles Core Plus Bond Fund, Class N
Data updated: 2026-08-28
The net expense ratio is 0.39%: a 0.32% management fee plus 0.07% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $112K in broker commissions, 0.0014% of average net assets, and portfolio turnover was 164%.
NERNX Fees and Expenses
Annual operating expenses and sales charges of NERNX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.32% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.07% |
| Gross expense ratio | 0.39% |
| Fee waiver | — |
| Net expense ratio | 0.39% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
NERNX Costs Over Time
On $10,000 invested in NERNX, assuming 5% a year before costs, total costs come to $248 over 5 years, cutting the return by 0.41% 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 0.39%) | $41 | $129 | $224 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $6 | $23 |
| Total costs | $41 | $135 | $248 |
| Value after costs | $10,459 | $11,441 | $12,515 |
| Impact on return, per year | 0.41% | 0.41% | 0.41% |
NERNX 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): 0.0014%
- Total broker commissions: $112K
- Bought from dealers (principal trades, not a cost): $60.6B
- Portfolio turnover (prospectus): 164%
- Securities lending: none during the year
NERNX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $112K | 100.00% |
NERNX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $28.1B | 51.64% |
| Nomura Securities International, Inc. | $4.3B | 7.88% |
| Morgan Stanley & Co. LLC | $3.8B | 7.02% |
| HSBC Securities (USA) Inc. | $3.7B | 6.87% |
| Wells Fargo Securities, LLC | $3.3B | 6.06% |
| Goldman Sachs & Co. LLC | $2.9B | 5.27% |
| Citadel Securities LLC | $2.6B | 4.70% |
| BofA Securities, Inc. | $2.3B | 4.28% |
| BMO Capital Markets Corp. | $2.0B | 3.73% |
| Citigroup Global Markets Inc. | $1.4B | 2.56% |
Loomis Sayles Core Plus 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 |
|---|---|---|---|
| NERNX | Class N | 0.39% | none |
| NERYX | Class Y | 0.48% | none |
| NEFRX | Class A | 0.73% | 4.25% |
| LCPTX | Class T | 0.74% | 2.50% |
| NECRX | 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.