LGANX

About LGANX

Loomis Sayles Limited Term Government and Agency Fund Class N is an actively managed short-duration bond mutual fund focused on high-quality U.S. rate markets. The fund seeks high current return consistent with preservation of capital, primarily investing in securities issued or guaranteed by the U.S. government, its agencies, and instrumentalities, complemented by securitized exposures such as agency mortgage-backed securities and other asset-backed instruments. According to the adviser, the portfolio is concentrated in U.S. Treasuries and agency-related securitized assets, with a weighted average duration around two years and a maturity profile largely within one to five years, aligning it to the short government category’s interest-rate sensitivity profile. The strategy employs a diversified mix of hundreds of holdings, emphasizing AAA and AA credit quality alongside Treasuries to maintain liquidity and credit resilience. Monthly income distributions reflect its income-oriented mandate, while turnover can be elevated as the team adjusts positioning to short-term market dynamics. Within the market, the fund serves investors seeking a conservative core holding for cash management or laddered fixed income, aiming to balance income generation with limited duration risk.