Fund Evaluator:
Loomis Sayles Investment Grade Bond C (LGBCX)
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Best Performing in Intermediate Core-Plus Bond Over the Last Year
| 5.0% | Performance Trust Total Return Bd Inst (PTIAX) |
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| 4.9% | Diamond Hill Core Plus Bond I (DHNIX) |
| 4.7% | Carillon Reams Core Plus Bond I (SCPZX) |
| 4.7% | Cavanal Hill Strategic Enhanced Yld Inv (APENX) |
Fund Details
Loomis Sayles Investment Grade Bond C Overview
Loomis Sayles Investment Grade Bond C (LGBCX) is an actively managed Taxable Bond Intermediate Core-Plus Bond fund. Loomis Sayles Funds launched the fund in 2003.
The investment seeks high total investment return through a combination of current income and capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings made for investment purposes) in investment grade fixed-income securities. It may invest up to 15% of its assets in below investment grade fixed-income securities (also known as "junk bonds"). The fund may invest in fixed-income securities of any maturity. In connection with its principal investment strategies, it may invest up to 30% of its assets in U.S. dollar-denominated foreign securities, including emerging markets securities.
About Loomis Sayles Investment Grade Bond C (LGBCX)
There are 4 members of the management team with an average tenure of 8.30 years: Brian Kennedy (2013), Scott Darci (2026), Bryan Hazelton (2026), Matthew Eagan (2006). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: Bloomberg US Agg Bond TR USD index with a weighting of 100%. Loomis Sayles Investment Grade Bond C has 1037 securities in its portfolio. The top 10 holdings constitute 32.3% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Loomis Sayles Investment Grade Bond C is part of the Fixed Income global asset class and is within the Taxable Bond fund group. Loomis Sayles Investment Grade Bond C has 12.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0%. There is 0.0% allocated to foreign stock, and 0.5% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 96.4% (84.1% domestic bond, 12.3% foreign bond and 0.1% convertible bond). Loomis Sayles Investment Grade Bond C has 3.0% of the portfolio in cash.
Assets Under Management
The fund has $74 million in total assets, which is below the $1 billion average for the Intermediate Core-Plus Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
LGBCX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Loomis Sayles Investment Grade Bond C expense ratio is high compared to funds in the Intermediate Core-Plus Bond category. Loomis Sayles Investment Grade Bond C has an expense ratio of 1.48%, which is 89% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Loomis Sayles Investment Grade Bond C has a portfolio turnover rate of 51%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 180% for the Intermediate Core-Plus Bond category.
Recently, in the month of June 2026, Loomis Sayles Investment Grade Bond C returned 0.1%, which earned it a grade of F, as the Intermediate Core-Plus Bond category had an average return of 0.3%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Loomis Sayles Investment Grade Bond C has a trailing yield of 4.28%, which is below the 4.29% category average. The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Loomis Sayles Investment Grade Bond C Grades
Year to date, the fund has returned 0.4%, 0.3 percentage points worse than the category, which translates into a grade of F. The fund has returned 2.9% over the past year (grade of F), 4.1% over the past three years (grade of F) and 0.1% per year over the past five years (grade of D) and 2.2% per year over the past 10 years (grade of B).
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LGBCX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| LGBCX Return (NAV) | 0.1% | 0.9% | 2.9% | 4.1% | 0.1% | 2.2% |
| LGBCX Grade | F | D | F | F | D | B |
| +/- Category | -0.1% | -0.0% | -1.0% | -0.6% | -0.2% | 0.1% |
| Intermediate Core-Plus Bond Avg | 0.3% | 0.9% | 3.9% | 4.7% | 0.3% | 2.1% |
| LGBCX Tax Cost Ratio | na | na | 1.7% | 1.6% | 1.4% | 1.4% |
LGBCX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| LGBCX Return (NAV) | 0.4% | 6.0% | 1.7% | 6.4% | -12.3% | -0.7% | 10.6% | 7.9% | -1.4% | 5.6% | 5.2% |
| LGBCX Grade | F | F | D | C | A | C | A | F | D | A | B |
| +/- Category | -0.3% | -1.3% | -0.5% | 0.3% | 1.1% | -0.1% | 2.0% | -1.2% | -0.5% | 1.2% | 0.8% |
| Intermediate Core-Plus Bond Avg | 0.7% | 7.3% | 2.3% | 6.1% | -13.4% | -0.6% | 8.6% | 9.1% | -0.9% | 4.4% | 4.3% |
| Risk Measures | |
| Standard Deviation: | 5.5% |
| Total Risk Index: | 0.45 - Low |
| Category Risk Index: | 0.99 - Below Average |
| Category Risk Grade: | B (35% Rank) |
| Beta: | 0.97 |
| R-Squared: | 98% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | High Quality Moderate Sensitivity |
| Yield: | 4.3% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $17016 Mil |
| Fund Total Assets: | $ 75 Mil |
| Share Class Type: | C |
| Portfolio Turnover: | 51% |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 19.8 years | |||
| Average Tenure: 8.3 years | |||
| Managers (Year): Eagan Matthew (2006), Kennedy Brian (2013), Darci Scott (2026), Hazelton Bryan (2026) | |||
Portfolio Composition (as of 5/31/26)
| # of Holdings: | 1037 |
| % in Top 10 Holdings: | 32.3% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 12.3% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.5% |
| Domestic Bond: | 84.1% |
| Foreign Bond: | 12.3% |
| Convertible Bond: | 0.1% |
| Other: | 0.0% |
| Cash: | 3.0% |
Purchase Information
| Fund Family: | Loomis Sayles Funds |
| Phone Number: | 800-225-5478 |
| Website: | www.loomissayles.com |
| Status: | Open |
| Inception Date: | September 12, 2003 |
| Min. Initial Purchase: | $2,500 |
| Min. Initial IRA Purchase: | $1,000 |
| True No-Load: | No |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 1.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 1.00% |
Expenses and Fees | |
| Expense Ratio (%): | 1.48% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.78% |
| Share Class: | Loomis Sayles Investment Grade Bond Y |
| Min. Subsequent Purchase: | $ 50 |
| Min. Subsequent IRA Purchase: | $ 50 |
