Loomis Sayles Core Bond Fund (NWAZX)
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Loomis Sayles Core Bond Fund Profile
| NASDAQ Exchange | United States Country |
Overview
The fund is a specialized investment entity that focuses on generating returns through a diversified portfolio of bonds and fixed-income securities. It is designed for investors looking for regular income and a moderate level of capital protection, with investments that span across U.S. government securities, corporate bonds from both U.S. and foreign issuers, mortgage-backed securities, and other asset-backed fixed-income securities, all within the investment grade category.
Products and Services
- U.S. Government Securities
An investment in bonds issued by the United States government. These are deemed to be low-risk investments because they are backed by the full faith and credit of the U.S. government. Such securities include Treasury bills, Treasury bonds, and Treasury notes, among others.
- Corporate Bonds
Bonds issued by U.S. or foreign companies. The fund focuses on investment grade bonds, which are assessed by credit rating agencies to be at lower risk of default compared to non-investment grade bonds. These are used by corporations to raise capital for various purposes, such as business expansion, operations, or refinancing older debts, and typically offer higher yields than government securities.
- Mortgage-Backed Securities (MBS)
Investments in securities that are backed by the interest and principal payments of mortgage loans. These loans are secured by real estate and are pooled together to back the issued securities. MBSs are a type of asset-backed security specifically tied to mortgage loans, and investment grade ratings indicate they are considered to have a lower risk of default.
- Investment Grade Fixed-Income Securities Backed by Other Assets
This includes a variety of asset-backed securities that are similar to mortgage-backed securities but are based on the payments of loans other than mortgages. These can include loans for automobiles, credit card debt, or student loans, among others. Like other products offered by the fund, these are investment grade, indicating they are viewed by rating agencies as having a lower risk of default.
