Loomis Sayles Global Allocation Fund
LOOMIS SAYLES FUNDS II · 5 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
Loomis Sayles Global Allocation Fund is an aggressive allocation fund.
- Asset class
- Allocation (multi-asset)
- Region
- Global
- Management
- Actively managed
- Fund type
- Open-end fund
- Equity exposure
- Aggressive
Fund profile
As filed in the prospectus · 2026 Q1
The Funds investment goal is high total investment return through a combination of capital appreciation and current income.
The fund allocates between equities and fixed-income securities based on the portfolio managers' assessment of market conditions and relative opportunities, purchasing quality companies at attractive valuations and fixed-income securities believed to be undervalued with potential for credit upgrades, including below-investment-grade bonds. The fund invests significantly outside the U.S., including in emerging markets, and may engage in active and frequent trading that produces high transaction costs and short-term capital gains. The fund integrates environmental, social, and governance factors into its investment analysis where it deems them material, though it may still make an investment if the potential pecuniary advantage outweighs the ESG risk.
| Share class | Expense ratio | As of |
|---|---|---|
| LSWWX | 0.91% | 2026 Q1 |
| LGMAX | 1.16% | 2026 Q1 |
| LGMCX | 1.91% | 2026 Q1 |
| LGMNX | 0.83% | 2026 Q1 |
| LGMTX | 1.16% | 2025 Q1 |
Portfolio turnover 35.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 67.49% |
| Bonds | 28.34% |
| Cash & short-term | 2.06% |
| Loans | 1.45% |
| 2 smaller | 0.36% |
Derivatives are shown at market value, not notional exposure.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| International | 23.3% |
| Consumer Discretionary | 14.4% |
| Information Technology | 13.7% |
| Financials | 13.3% |
| 12 smaller | 35.3% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Latest quarter
What changed since the fund's previous filing
Largest new: AVGO, U.K. Gilts, NFLX, APP, Singapore Government Bonds, DISCOVERY HOLDINGS INC, United States Treasury, DISCOVERY COMMUNICATIONS
Largest exited: EXPE, CGI Inc, U.K. Gilts, Singapore Government Bonds, DISCOVERY HOLDINGS INC, DISCOVERY COMMUNICATIONS, BROADCOM INC, MEX BONOS DESARR FIX RT
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +21.28% | +51.95% | +36.32% | 9.67% | -8.67% | |
| +21.00% | +50.87% | +34.70% | 9.68% | -8.75% | |
| +20.13% | +47.50% | +29.75% | 9.68% | -8.91% | |
| +21.42% | +52.36% | +36.96% | 9.68% | -8.66% |
These classes hold the same portfolio, so the 7.22pp spread over 5 years is the cost difference between them — roughly 1.44pp a year — not a difference in what they own.
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 93.3% |
| Floating rate | 5.9% |
| Zero-coupon or unclassified | 0.8% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 3.8% |
| 1-3y | 6.8% |
| 3-5y | 31.2% |
| 5-10y | 44.4% |
| 10y+ | 13.8% |
These three overlap — one holding can be in arrears and paying in kind at once — so they are shown separately and never summed.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
Most of this fund’s sensitivity is to interest rates, with credit spreads carrying nearly as much.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Interest rates | 59% |
| Credit spreads | 41% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of the fund's spread duration carried by each credit tier.
| Investment grade | +0.62 yr |
| High yield | +0.40 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 1 yr | 0.15 yr | 10% |
| 5 yr | 0.87 yr | 59% |
| 10 yr | 0.42 yr | 28% |
| 30 yr | 0.04 yr | 3% |
3 mo is NEGATIVE (-0.01 yr) — a deliberate hedge at that point on the curve, so it is not part of the band above.
| 3 mo | 0.01 yr | 1% |
| 1 yr | 0.11 yr | 11% |
| 5 yr | 0.47 yr | 46% |
| 10 yr | 0.35 yr | 34% |
| 30 yr | 0.09 yr | 8% |
The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | -0.01 | +0.00 | +0.01 | $468 | $1.5k |
| 1 yr | +0.15 | +0.05 | +0.06 | $15.4k | $16.7k |
| 5 yr | +0.87 | +0.28 | +0.19 | $79.9k | $53.5k |
| 10 yr | +0.42 | +0.22 | +0.13 | $61.8k | $35.7k |
| 30 yr | +0.04 | +0.06 | +0.02 | $17.6k | $6.8k |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Duration contribution in years, summing to the fund's 1.46 yr.
This is where the fund's rate exposure sits, not its currency risk — most international bond funds hedge the currency back to dollars, and the size of those hedges is not in the filing. Tenors are also summed across curves, so a 5-year JPY point and a 5-year USD point are added together.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| NVDA | NVIDIA CorpNVDA | 5.67% | $200.09 | $159.98M | 799.5K |
| BKNG | Booking Holdings IncBKNG | 5.14% | $178.24 | $145.00M | 813.5K |
| — | Taiwan Semiconductor Manufacturing Co Ltd | 3.94% | $78.89 | $111.16M | 1.4M |
| — | ASML Holding NV | 3.36% | $1,980.18 | $94.75M | 47.8K |
| GOOGL | Alphabet IncGOOGL | 3.23% | $357.37 | $91.09M | 254.9K |
| AMZN | Amazon.com IncAMZN | 3.22% | $238.34 | $91.01M | 381.9K |
| MA | Mastercard IncMA | 3.13% | $513.60 | $88.47M | 172.3K |
| SPGI | S&P Global IncSPGI | 2.91% | $407.26 | $82.24M | 201.9K |
| AVGO | Broadcom IncAVGO | 2.85% | $377.75 | $80.31M | 212.6K |
| KLAC | KLA CorpKLAC | 2.32% | $301.71 | $65.40M | 216.8K |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
Top 10 positions are 35.76% of net assets, top 25 60.16%, across 328 issuers.
See more of this fund's book
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