Loomis Sayles Value Fund

Scorecard
4 / 5 Stars
Lipper
5 5 4 4 2
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
5 / 5 Stars
TheStreet.com
B+ (Buy)

U.S. News evaluated 326 Large Value Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Note: Profile written for different share class.

Performance

The fund has returned 27.05 percent over the past year, 14.19 percent over the past three years, 21.98 percent over the past five years, and 9.02 percent over the past decade. 

Trailing Returns Updated 02.28.2014
Year to date 1.0%
1 Year 27.0%
3 Years (Annualized) 14.2%
5 Years (Annualized) 22.0%
10 Years (Annualized) 9.0%

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Summary

Lately, Loomis Sayles Value has been struggling to find its footing.

As of March 05, 2014, the fund has assets totaling almost $2.19 billion invested in 74 different holdings. Its portfolio consists primarily of shares of large U.S. companies.

Loomis Sayles Value had a slow 2010. Its 12 percent gain last year wasn't bad on an absolute basis, but on a relative basis, the fund trailed the majority of its peers in Morningstar's large value category. This poor showing follows up a mediocre 2009, during which the fund gained a tepid 20 percent during the market's heated rally. In missing out on stocks' blockbuster year, this value fund was hardly alone. Overall, the rally favored beaten-down and risky growth picks. On the other hand, value funds, which often load up on the types of high-quality stocks that tended to lose less during downturns, caught less of the recovery. The fund has returned 27.05 percent over the past year and 14.19 percent over the past three years.

Historically, this fund has often stayed near the middle of the pack in any given year. Over time, though, its lack of large-scale disasters, coupled with some breakout years in 2005 and 2006, has helped management build a solid long-term record. In doing so, the fund has stayed true to its conservative roots. In particular, management has developed a reputation for its aversion to risk and its willingness to occasionally pass up gains in the name of avoiding speculation. The fund has returned 21.98 percent over the past five years and 9.02 percent over the past decade. 

Investment Strategy

According to the fund's prospectus: "In deciding which securities to buy and sell, [management] generally looks for companies that it believes are undervalued by the market in relation to earnings, dividends, assets and/or growth prospects. ... Loomis Sayles generally seeks to find value by selecting individual stocks that it believes are attractive, rather than by attempting to achieve investment growth by rotating the Fund's holdings among various sectors of the economy."

Role in Portfolio

Morningstar calls the fund a "core" holding.

Management

Warren Koontz, James Carroll, and Arthur Barry co-manage the fund.

Fees

Loomis Sayles Value Fund has an expense ratio of 0.72 percent. 

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Risk

Like all stock funds, this one comes with some risks. 

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