Loomis Sayles Securitized Asset (LSSAX - Free Report) a Zacks Rank #1 (Strong Buy) was incepted in March 2006. LSSAX seeks high current income through capital preservation. LSSAX maintains a diversified portfolio by investing largely in securitized assets including mortgage-backed and other asset-backed securities. LSSAX invests in a wide range of asset-backed securities such as residential and commercial asset-backed securities.
Loomis Sayles Securitized Asset, managed by Loomis-Sayles, carries an expense ratio of 0.28%. Moreover, LSSAX requires a minimal initial investment of $0.
LSSAX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 4.26%, 3 year 4.67% and 5 year 4.79%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.
LSSAX’s performance, as of the last filing, when compared to funds in its category was in the top 24% in 1 year, top 5% over the past 3 years, and in the 4% over the past 5 years.
About Zacks Mutual Fund Rank
By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Pick the best mutual funds with the Zacks Rank.
Want key mutual fund info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>