Loomis Sayles Bond Fund  (MGBIX)

Fund Overview

Fund Overview

Share Class

I

  • I

Morningstar | Style Box

L M E H M L

NAV | as of 03/21/2019

$26.23
+$0.03 (+0.11%)

Overall Morningstar Rating



Rated against 879 Intermediate-Term Bond funds as of 02/28/2019

View Morningstar Details

Quarterly Performance (%) |
vs. Benchmark as of 12/31/2018

Fund Inception 04/01/2013

YTD 1YR 3YR 5YR 10YR INCEP.
MGBIX -1.72 -1.72 3.42 2.78 - 2.33
Bloomberg Barclays U.S. Government/Credit Bond Index -0.42 -0.42 2.19 2.53 3.46 1.78
View Monthly & Quarterly Performance Details

The performance data shown represents past performance. Past performance is not a guarantee of future results. Current performance may be lower or higher than the performance quoted. The investment return and the principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. For performance information through the most recent month end please call 800.835.3879 or visit our website at amgfunds.com. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields of the Fund are net of expenses, and the returns and yields of the indices exclude expenses.

Expense Ratios

  • Gross Expense Ratio: 0.50%
  • Net Expense Ratio: 0.50%
  • Expense Cap Expiration Date: N/A

Read Important Investment Disclosures

Objective

Seeks a high level of current income by investing in a flexible portfolio of fixed income securities.

Why Consider

  • May be appropriate for investors looking to gain exposure to a bond fund that employs an opportunistic, benchmark and sector-agnostic approach
  • Seeks to minimize issue-specific risk through fundamental research
  • Loomis Sayles has subadvised the Fund since 1984 and has been the sole subadviser since 1993; the Fund’s portfolio is constructed by small, focused teams supported by extensive economic, market, sector, issuer, security, trading and quantitative analysis

Fund Managers

Daniel J. Fuss, CFA, CIC

Portfolio Manager

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Elaine M. Stokes

Portfolio Manager

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Matthew J. Eagan, CFA

Portfolio Manager

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Brian P. Kennedy

Portfolio Manager

Read Full Bio

Performance

Performance

Read Important Investment Disclosures

Returns & Distributions

As of 12/31/2018

    • Ex-Date Total Distribution Income Short-term Cap Gains Long-term Cap Gains
      Feb 26, 2019 $0.072000 $0.072000
      Jan 29, 2019 $0.083400 $0.083400
      Dec 27, 2018 $0.264900 $0.074900 $0.000300 $0.189700
      Nov 28, 2018 $0.074400 $0.074400
      Oct 29, 2018 $0.071900 $0.071900
      Sep 26, 2018 $0.062100 $0.062100
      Aug 29, 2018 $0.067500 $0.067500
      Jul 27, 2018 $0.069900 $0.069900
      Jun 27, 2018 $0.070000 $0.070000
      May 29, 2018 $0.072500 $0.072500
      Apr 26, 2018 $0.070000 $0.070000
      Mar 27, 2018 $0.067500 $0.067500
      Feb 26, 2018 $0.062500 $0.062500
      Jan 29, 2018 $0.066000 $0.066000
      Dec 27, 2017 $0.289600 $0.133300 $0.023000 $0.133300
      Nov 27, 2017 $0.065000 $0.065000
      Oct 26, 2017 $0.055000 $0.055000
      Sep 26, 2017 $0.075000 $0.075000
      Aug 28, 2017 $0.072500 $0.072500
      Jul 26, 2017 $0.072500 $0.072500
      Jun 27, 2017 $0.070300 $0.070300
      May 25, 2017 $0.063900 $0.063900
      Apr 25, 2017 $0.066400 $0.066400
      Mar 28, 2017 $0.068900 $0.068900
      Feb 23, 2017 $0.074000 $0.074000
      Jan 26, 2017 $0.081400 $0.081400
      Dec 27, 2016 $0.449100 $0.107000 $0.052000 $0.290100
      Nov 25, 2016 $0.083900 $0.083900
      Oct 26, 2016 $0.091300 $0.091300
      Sep 27, 2016 $0.087500 $0.087500
      Aug 26, 2016 $0.080000 $0.080000
      Jul 26, 2016 $0.080000 $0.080000
      Jun 27, 2016 $0.087500 $0.087500
      May 25, 2016 $0.087500 $0.087500
      Apr 26, 2016 $0.080000 $0.080000
      Mar 28, 2016 $0.075000 $0.075000
      Feb 24, 2016 $0.065000 $0.065000
      Jan 26, 2016 $0.059000 $0.059000
      Dec 28, 2015 $0.470100 $0.090800 $0.022700 $0.356600
      Nov 24, 2015 $0.070000 $0.070000
      Oct 27, 2015 $0.070000 $0.070000
      Sep 25, 2015 $0.059000 $0.059000
      Aug 26, 2015 $0.059000 $0.059000
      Jul 28, 2015 $0.057500 $0.057500
      Jun 25, 2015 $0.028300 $0.028300
      May 26, 2015 $0.057500 $0.057500
      Apr 27, 2015 $0.064300 $0.064300
      Mar 26, 2015 $0.059500 $0.059500
      Feb 24, 2015 $0.057800 $0.057800
      Jan 27, 2015 $0.066200 $0.066200
      Dec 26, 2014 $0.284500 $0.105900 $0.178600
      Nov 24, 2014 $0.062100 $0.062100
      Oct 28, 2014 $0.060000 $0.060000
      Sep 25, 2014 $0.062700 $0.062700
      Aug 26, 2014 $0.066600 $0.066600
      Jul 28, 2014 $0.071000 $0.071000
      Jun 25, 2014 $0.067500 $0.067500
      May 27, 2014 $0.073000 $0.073000
      Apr 25, 2014 $0.076500 $0.076500
      Mar 26, 2014 $0.077500 $0.077500
      Feb 25, 2014 $0.075000 $0.075000
      Jan 28, 2014 $0.079000 $0.079000
      Dec 26, 2013 $0.092500 $0.092500
      Nov 25, 2013 $0.090000 $0.090000
      Oct 28, 2013 $0.077500 $0.077500
      Sep 25, 2013 $0.082500 $0.082500
      Aug 27, 2013 $0.075000 $0.075000
      Jul 26, 2013 $0.065000 $0.065000
      Jun 25, 2013 $0.070000 $0.070000
      May 28, 2013 $0.087500 $0.087500
      Apr 25, 2013 $0.070000 $0.070000

Growth of $10,000 (Hypothetical)

Since Inception 04/01/2013 to 02/28/2019 = $11,689.77

  • 3YR
  • 5YR
  • 10YR
  • INCEP.
INCEP.
  • 3YR
  • 5YR
  • 10YR
  • INCEP.

The performance data shown represents past performance. Past performance is not a guarantee of future results. Current performance may be lower or higher than the performance data quoted. The investment return and the principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. For performance information through the most recent month end please call 800.835.3879 or visit our website at amgfunds.com. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields of the Fund are net of expenses, and the returns and yields of the indices exclude expenses. For time periods where the fund inception date preceded the benchmark, the benchmark data will not be shown.

Top Holdings (Fixed)

As of: 12/31/2018

United States Treasury Bill Zero Coupon 11.01%
United States Treasury Bill Zero Coupon 5.50%
United States Treasury Bill Zero Coupon 5.46%
Ford Motor Credit Co LLC Fixed 3.39%
United States Treasury Bill Zero Coupon 2.61%
Bank of America Corp Fixed 2.31%
Mexican Bonos Fixed 2.27%
AT&T Inc Fixed 1.86%
United States Treasury Note/Bond Fixed 1.75%
ONEOK Partners LP Fixed 1.61%
% in Top 10 Holdings 37.77%
View Holding Details Read Important Investment Disclosures

MPT Stats

As of: 02/28/2019

View All Characteristics & Stats

Sector Allocation (Fixed)

As of: 12/31/2018

Investment Approach

Investment Approach

Loomis Sayles Bond Fund

With a primary focus on issue selection and credit research, the Fund invests at least 80% of its assets in a diversified portfolio of bonds. Normally this Fund invests at least 65% of its total assets in investment-grade corporate bonds, mortgage-related and other asset-backed securities and securities issued or guaranteed by the U.S. government, its agencies or instrumentalities. Up to 10% of the total assets of this Fund may be invested in non-U.S. Dollar-denominated instruments.


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Watch Video More About Loomis, Sayles & Company

Overview: AMG Managers Loomis Sayles Bond Fund

 
Brian Kennedy, a Portfolio Manager of the AMG Managers Loomis Sayles Bond Fund, provides an overview of the fund covering the investment team, process, and approach to portfolio construction and risk management.
Watch Video More About Loomis, Sayles & Company

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About

About Loomis, Sayles & Company

Background

Loomis Sayles is a fixed income investment manager where performance-driven investors integrate deep proprietary research and integrated risk analysis to make informed, judicious decisions.

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