Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
1.67% 2.724B -- 81.00%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
-289.90M 8.11%

Basic Info

Investment Strategy
The Fund seeks high current income with a secondary objective of capital growth. Under normal market conditions, the Fund will invest substantially all of its assets in income producing securities with a focus on U.S. corporate bonds, convertible securities, foreign debt instruments, including those in emerging markets.
General
Security Type Mutual Fund
Equity Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD
Peer Group Flexible Income Funds
Global Macro Bond HC
US Macro General Domestic Taxable Fixed Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Flexible Income Funds
Fund Owner Firm Name Loomis Sayles
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Net Fund Flows Versus Peer Group

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: 38
-234.25M Peer Group Low
116.07M Peer Group High
1 Year
% Rank: 83
-289.90M
-1.470B Peer Group Low
1.326B Peer Group High
3 Months
% Rank: 80
-772.47M Peer Group Low
348.06M Peer Group High
3 Years
% Rank: 83
-2.907B Peer Group Low
2.052B Peer Group High
6 Months
% Rank: 65
-698.00M Peer Group Low
715.59M Peer Group High
5 Years
% Rank: 84
-6.205B Peer Group Low
2.845B Peer Group High
YTD
% Rank: 37
-234.25M Peer Group Low
116.07M Peer Group High
10 Years
% Rank: 98
-12.10B Peer Group Low
3.981B Peer Group High
Date Unavailable

Performance Versus Peer Group

 
20%
15%
10%
5%
0
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
Peer Group Rtn. (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
% Rank in Peer Group (NAV)
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
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Annual Total Returns Versus Peers

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Name
2019
2020
2021
2022
2023
2024
2025
YTD
9.95%
0.38%
3.13%
-13.48%
7.26%
6.13%
9.36%
0.46%
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
7.30%
0.40%
17.36%
4.45%
4.11%
-14.75%
7.78%
4.95%
10.14%
1.56%
7.59%
7.14%
2.11%
-9.04%
6.96%
3.68%
5.41%
0.46%
12.09%
7.20%
0.50%
-11.51%
8.02%
5.73%
7.45%
0.54%
--
10.39%
1.67%
-12.68%
9.83%
5.85%
7.03%
0.39%
As of February 06, 2026.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (2-4-26) 4.30%
30-Day SEC Yield (12-31-25) 4.79%
7-Day SEC Yield (7-31-22) 4.11%
Number of Holdings 601
Stock
Weighted Average PE Ratio --
Weighted Average Price to Sales Ratio --
Weighted Average Price to Book Ratio --
Weighted Median ROE --
Weighted Median ROA --
ROI (TTM) --
Return on Investment (TTM) --
Earning Yield --
LT Debt / Shareholders Equity --
Number of Equity Holdings 62
Bond
Yield to Maturity (12-31-25) 5.42%
Effective Duration 3.66
Average Coupon 6.41%
Calculated Average Quality 4.462
Effective Maturity 8.247
Nominal Maturity 8.927
Number of Bond Holdings 500
As of December 31, 2025

Growth Metrics

EPS Growth (1Y) --
EPS Growth (3Y) --
EPS Growth (5Y) --
Sales Growth (1Y) --
Sales Growth (3Y) --
Sales Growth (5Y) --
Sales per Share Growth (1Y) --
Sales per Share Growth (3Y) --
Operating Cash Flow - Growth Rate (3Y) --
As of December 31, 2025

Fund Details

Key Dates
Inception Date 5/1/1995
Share Classes
NEFZX A
NEZAX Administrator
NEZNX N
NEZYX Inst
Attributes
Inverse Fund No
Leveraged Fund --
Currency Hedged Fund --
Socially Responsible Fund No

Asset Allocation

As of December 31, 2025.
Type % Net
Cash 2.21%
Stock 5.47%
Bond 86.92%
Convertible 0.11%
Preferred 0.44%
Other 4.84%
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Top 10 Holdings

Name % Weight Price % Change
United States of America USGB 4.0 03/31/2030 FIX USD Government 7.07% 100.89 0.00%
United States of America USGB 3.5 11/30/2030 FIX USD Government 2.88% -- --
South Africa, Republic of (Government) 9% 31-JAN-2040
1.81% -- --
Fixed Income Clearing Corp Repo
1.62% -- --
ServiceNow Inc/Barclays Bank Plc ELN
1.22% -- --
Bausch & Lomb Inc 19-JAN-2031 Term Loan B
1.07% -- --
EchoStar Corporation ECHO 10.75 11/30/2029 FIX USD Corporate 1.06% 109.48 -0.06%
NATIONAL LIFE INSURANCE COMPANY NLFIC 10.5 09/15/2039 FIX USD Corporate 144A 0.99% -- --
Mexico (United Mexican States) (Government) 8.5% 18-NOV-2038
0.97% -- --
BNP Paribas Issuance BV ELN
0.92% -- --

Fees & Availability

Fees
Actual 12B-1 Fee 1.00%
Actual Management Fee 0.50%
Administration Fee 13.09K%
Maximum Front Load 0.00%
Maximum Deferred Load 1.00%
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Minimum Initial Investment 2500.00 None
Minimum Subsequent Investment 50.00 None

Basic Info

Investment Strategy
The Fund seeks high current income with a secondary objective of capital growth. Under normal market conditions, the Fund will invest substantially all of its assets in income producing securities with a focus on U.S. corporate bonds, convertible securities, foreign debt instruments, including those in emerging markets.
General
Security Type Mutual Fund
Equity Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD
Peer Group Flexible Income Funds
Global Macro Bond HC
US Macro General Domestic Taxable Fixed Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Flexible Income Funds
Fund Owner Firm Name Loomis Sayles
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Fundamentals

General
Distribution Yield --
Dividend Yield TTM (2-4-26) 4.30%
30-Day SEC Yield (12-31-25) 4.79%
7-Day SEC Yield (7-31-22) 4.11%
Number of Holdings 601
Stock
Weighted Average PE Ratio --
Weighted Average Price to Sales Ratio --
Weighted Average Price to Book Ratio --
Weighted Median ROE --
Weighted Median ROA --
ROI (TTM) --
Return on Investment (TTM) --
Earning Yield --
LT Debt / Shareholders Equity --
Number of Equity Holdings 62
Bond
Yield to Maturity (12-31-25) 5.42%
Effective Duration 3.66
Average Coupon 6.41%
Calculated Average Quality 4.462
Effective Maturity 8.247
Nominal Maturity 8.927
Number of Bond Holdings 500
As of December 31, 2025

Growth Metrics

EPS Growth (1Y) --
EPS Growth (3Y) --
EPS Growth (5Y) --
Sales Growth (1Y) --
Sales Growth (3Y) --
Sales Growth (5Y) --
Sales per Share Growth (1Y) --
Sales per Share Growth (3Y) --
Operating Cash Flow - Growth Rate (3Y) --
As of December 31, 2025

Fund Details

Key Dates
Inception Date 5/1/1995
Share Classes
NEFZX A
NEZAX Administrator
NEZNX N
NEZYX Inst
Attributes
Inverse Fund No
Leveraged Fund --
Currency Hedged Fund --
Socially Responsible Fund No

Top Portfolio Holders

Name % Weight
Portfolio A 5.00%
Portfolio B 3.50%
Portfolio C 2.25%
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Excel Add-In Codes

Name: =YCI("M:NECZX", "name")
Broad Asset Class: =YCI("M:NECZX", "broad_asset_class")
Broad Category: =YCI("M:NECZX", "broad_category_group")
Prospectus Objective: =YCI("M:NECZX", "prospectus_objective")
To find the codes for any of our securities and financial metrics, see our Complete Excel Reference.
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