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  5. Loomis Sayles Senior Floating Rate Loan - Managed fund profile

Loomis Sayles Senior Floating Rate Loan - Managed Fund

Fund Objective
To provide a high level of current income, preserve capital in all economic environments, meet of exceed gross benchmark returns over a full market cycle through credit selection and disciplined portfolio construction, aim for a return that exceeds LIBOR 200bps gross over a full market cycle.
Fund Strategy
The focus is on delivering returns traditionally associated with loans while seeking a relatively low risk profile. The portfolio managers seek to construct diversified portfolios that can help clients achieve portfolio efficiency, with the addition of alpha potential, delivered using a strong credit focus. Portfolio managers also seek to avoid adding risk when it is not commensurate with return (e.g. in general, second lien loans). Loomis Sayles sets out to continuously deliver "conservative bank loans" as a strategy.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.68% 1.61% 3.8% 8.69% 5.74% 4.49% 3.08% 3.73%
Growth return 0.68% 1.61% 3.8% 8.69% 5.74% 4.49% 3.08% 3.33%
Income return 0% 0% 0% 0% 0% 0% 0% 0.4%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.37% 1.09% 2.15% 4.19% 3.11% 2.08% -% 1.82%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Loomis Sayles Senior Floating Rate Loan
Cash
6.58%
Fixed Interest
93.42%
Australian Equities
0%
International Equities
0%
Alternatives
0%
Average Allocation of Peers
Cash
26.71%
Fixed Interest
72.73%
Australian Equities
0.49%
International Equities
0.05%
Alternatives
0.02%

General Information

Fund Details
Type Description
Loomis Sayles Senior Floating Rate Loan (Wholesale)
Equity Trustees Ltd
IAM0006AU
Non Investment Grade Debt
starstar (as at 31 Mar 2024)
Investment Fund
1 Oct 2007
$563.99 million (as at 22 Apr 2024)
$1.44032 (as at 23 Apr 2024)
$1.44032 (as at 23 Apr 2024)
Open
Offer information
Type Description
Minimum initial investment $10,000,000
Minimum additional investments $10,000.00

FAQs about the Loomis Sayles Senior Floating Rate Loan

The objective of the Loomis Sayles Senior Floating Rate Loan managed fund is To provide a high level of current income, preserve capital in all economic environments, meet of exceed gross benchmark returns over a full market cycle through credit selection and disciplined portfolio construction, aim for a return that exceeds LIBOR + 200bps gross over a full market cycle.

The strategy of the Loomis Sayles Senior Floating Rate Loan managed fund is The focus is on delivering returns traditionally associated with loans while seeking a relatively low risk profile. The portfolio managers seek to construct diversified portfolios that can help clients achieve portfolio efficiency, with the addition of alpha potential, delivered using a strong credit focus. Portfolio managers also seek to avoid adding risk when it is not commensurate with return (e.g. in general, second lien loans). Loomis Sayles sets out to continuously deliver "conservative bank loans" as a strategy.

The APIR code of the Loomis Sayles Senior Floating Rate Loan managed fund is IAM0006AU.

Loomis Sayles Senior Floating Rate Loan’s total return last month was 0.68%. This was made up of a growth return of 0.68% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

Loomis Sayles Senior Floating Rate Loan’s total return for the last three months was 1.61%. This was made up of a growth return of 1.61% and an income return of 0%%. These returns were calculated as at 31 Mar 2024.

Loomis Sayles Senior Floating Rate Loan’s one-year total return is 8.69%. This was made up of a growth return of 8.69% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

Loomis Sayles Senior Floating Rate Loan’s one-year total return is 4.49%. This was made up of a growth return of 4.49% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the Loomis Sayles Senior Floating Rate Loan managed fund is :

Cash
6.58%
Fixed Interest
93.42%
Australian Equities
0%
International Equities
0%
Alternatives
0%

The Responsible Entity for the Loomis Sayles Senior Floating Rate Loan managed fund is Equity Trustees Ltd.

The Loomis Sayles Senior Floating Rate Loan managed fund belongs to the Non Investment Grade Debt sector/asset class.

As at 22 Apr 2024, the size of the Loomis Sayles Senior Floating Rate Loan managed fund was $563.99 million.

The Loomis Sayles Senior Floating Rate Loan managed fund has an inception date of 1 Oct 2007.

The current entry price of the Loomis Sayles Senior Floating Rate Loan managed fund is $1.44032 per unit and the current exit price is $1.44032 per unit (as at 23 Apr 2024).

The current exit price of the Loomis Sayles Senior Floating Rate Loan managed fund is $1.44032 per unit and the current entry price is $1.44032 per unit (as at 23 Apr 2024).

The minimum initial investment amount for the Loomis Sayles Senior Floating Rate Loan managed fund is $10,000,000. Minimum additional investment is $10000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.