- What does LSSNX invest in?
- This fund strives to achieve substantial growth of its invested capital over the long term. Typically, at least 80% of the fund's net assets (including any funds acquired through borrowing for investment purposes) are committed to equity-related holdings of smaller corporations. These holdings encompass various types of securities, such as preferred shares, warrants, instruments convertible into common or preferred stock, and other forms of ownership interests in an entity. As presently defined by the manager, a small-cap company is one whose market valuation, at the point of purchase, either falls within the range of the Russell 2000® Index—a widely recognized benchmark for 2,000 of the smallest U.S. businesses—or is capped at $3 billion.
- What is the expense ratio of LSSNX?
- Loomis Sayles Small Cap Growth Fund Class N (LSSNX) charges an expense ratio of 0.82%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is LSSNX?
- Loomis Sayles Small Cap Growth Fund Class N (LSSNX) is one share class of a fund that manages $2.15B across all of its share classes (LCGRX, LSSIX report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
- Is LSSNX actively managed or an index fund?
- LSSNX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (LSSNX's is 0.82%) in exchange for the discretion to over- or under-weight positions.
- When was LSSNX launched?
- Loomis Sayles Small Cap Growth Fund Class N (LSSNX) launched in February 2013 and is managed by Loomis Sayles.
- How has LSSNX performed?
- LSSNX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
