- 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) manages $2.10B in total assets. 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 a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (LSSNX's is 0.82%) because there's no security selection cost.
- 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.
