Fund Evaluator:
Loomis Sayles Global Bond Instl (LSGBX)
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Best Performing in Global Bond Over the Last Year
| 6.8% | Invesco International Bond Y (OIBYX) |
| 5.5% | Destinations Global Fixed Income Opps Z (DGFZX) |
| 3.7% | Invesco Global Strategic Income Y (OSIYX) |
| 2.7% | Amana Participation Investor (AMAPX) |
| 2.6% | DoubleLine Global Bond N (DLGBX) |
Fund Details
Loomis Sayles Global Bond Instl Overview
Loomis Sayles Global Bond Instl (LSGBX) is an actively managed Taxable Bond Global Bond fund. Loomis Sayles Funds launched the fund in 1991.
The investment seeks high total investment return through a combination of high current income and capital appreciation. The fund will normally invest at least 80% of its net assets (plus any borrowings made for investment purposes) in fixed-income securities (for example, bonds and other investments that Loomis Sayles believes have similar economic characteristics, such as notes, debentures and loans). It invests primarily in investment-grade fixed-income securities worldwide, although the fund may invest up to 20% of its assets in below investment-grade fixed-income securities (commonly known as "junk bonds").
About Loomis Sayles Global Bond Instl (LSGBX)
There are 3 members of the management team with an average tenure of 19.04 years: Lynda Schweitzer (2007), Scott Service (2014), David Rolley (2000). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: Bloomberg Global Aggregate TR USD index with a weighting of 100%. Loomis Sayles Global Bond Instl has 338 securities in its portfolio. The top 10 holdings constitute 34.9% 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 Global Bond Instl is part of the Fixed Income global asset class and is within the Taxable Bond fund group. Loomis Sayles Global Bond Instl has 68.1% 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 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 98.3% (30.2% domestic bond, 68.1% foreign bond and 0.0% convertible bond). Loomis Sayles Global Bond Instl has 1.7% of the portfolio in cash.
Assets Under Management
The fund has $134 million in total assets, which is below the $422 million average for the Global 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.
LSGBX 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 Global Bond Instl expense ratio is above average compared to funds in the Global Bond category. Loomis Sayles Global Bond Instl has an expense ratio of 0.67%, which is 30% lower than its category average, making the fund expense ratio grade a B. 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 Global Bond Instl has a portfolio turnover rate of 68%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 152% for the Global Bond category.
Recently, in the month of July 2026, Loomis Sayles Global Bond Instl returned -0.6%, which earned it a grade of C, as the Global 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 Global Bond Instl has a trailing yield of 0.11%, which is below the 4.17% category average. The fund normally distributes its income annually 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 Global Bond Instl Grades
Year to date, the fund has returned -0.8%, 0.6 percentage points worse than the category, which translates into a grade of C. The fund has returned 1.6% over the past year (grade of D), 2.8% over the past three years (grade of D) and -2.3% per year over the past five years (grade of D) and 0.5% per year over the past 10 years (grade of C).
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LSGBX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| LSGBX Return (NAV) | -0.6% | -0.9% | 1.6% | 2.8% | -2.3% | 0.5% |
| LSGBX Grade | C | D | D | D | D | C |
| +/- Category | -0.2% | -0.7% | -1.3% | -1.0% | -1.6% | -0.4% |
| Global Bond Avg | -0.3% | -0.2% | 2.9% | 3.8% | -0.7% | 0.9% |
| LSGBX Tax Cost Ratio | na | na | 0.0% | 0.0% | 0.3% | 0.4% |
LSGBX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| LSGBX Return (NAV) | -0.8% | 8.5% | -2.5% | 5.5% | -17.2% | -4.9% | 13.5% | 6.8% | -2.5% | 8.9% | 3.6% |
| LSGBX Grade | C | D | D | D | D | C | A | D | D | B | C |
| +/- Category | -0.6% | -0.9% | -1.5% | -1.1% | -3.3% | -0.5% | 5.7% | -0.4% | -0.3% | 1.0% | -0.0% |
| Global Bond Avg | -0.2% | 9.5% | -1.0% | 6.5% | -13.9% | -4.5% | 7.8% | 7.2% | -2.1% | 7.9% | 3.7% |
| Risk Measures | |
| Standard Deviation: | 7.3% |
| Total Risk Index: | 0.59 - Below Average |
| Category Risk Index: | 1.05 - Average |
| Category Risk Grade: | C (51% Rank) |
| Beta: | 1.19 |
| R-Squared: | 84% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | High Quality Extensive Sensitivity |
| Yield: | 0.1% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $302 Mil |
| Fund Total Assets: | $ 134 Mil |
| Share Class Type: | Inst |
| Portfolio Turnover: | 68% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 25.9 years | |||
| Average Tenure: 19.0 years | |||
| Managers (Year): Rolley David (2000), Schweitzer Lynda (2007), Service Scott (2014) | |||
Portfolio Composition (as of 5/31/26)
| # of Holdings: | 338 |
| % in Top 10 Holdings: | 34.9% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 68.1% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 30.2% |
| Foreign Bond: | 68.1% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.7% |
Purchase Information
| Fund Family: | Loomis Sayles Funds |
| Phone Number: | 800-633-3330 |
| Website: | www.loomissayles.com |
| Status: | Open |
| Inception Date: | May 10, 1991 |
| Min. Initial Purchase: | $100,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.00% |
Expenses and Fees | |
| Expense Ratio (%): | 0.67% ( Rating : Above Avg ) |
| Category Average Expense Ratio (%): | 0.96% |
| Share Class: | Loomis Sayles Global Bond Instl |
| Min. Subsequent Purchase: | $ 50 |
| Min. Subsequent IRA Purchase: | $ 0 |
