Investment Grade Corporate/Credit Bond
Overview
Strategy Details
Available Vehicles
- Institutional Separate Account
- Commingled TrustCommingled trust may include a collective investment trust, an institutional-only investment structure that is exclusively available to qualified retirement plans which meet certain eligibility requirements. A collective investment trust is not available to retail investors or the general public. For more information, qualified retirement plan sponsors should reach out to their Loomis Sayles Relationship Manager.
Portfolio Managers
Rick Raczkowski
Portfolio Manager, Co-Head of Relative Return
Devon McKenna, CFA
Portfolio Manager and Investment Strategist
About the Team
A comprehensive fixed income platform powered by seasoned investors and focused, benchmark aware investment strategies.
Investment Strategy
- Individual investment ideas are evaluated on the basis of their investment return potential and contribution to portfolio risk
- Risk is managed through carefully monitoring company fundamentals and spread-to-risk analysis
- Fundamental research from Loomis Sayles’ credit research is a primary source for investment ideas
- Duration is managed within a narrow range to the benchmark
- Portfolios may allow opportunistic allocations to high yield corporate debt, emerging markets and non-US dollar per client guidelines
- Issuer maximum of 5% or the benchmark weight plus 2% (whichever is greater at the time of purchase), Treasurys and GSEs excluded
- Industry maximum of 25% or the benchmark weight plus 10% (whichever is greater at the time of purchase)
Composite Performance
Cumulative Total Return (%)
As of 9/30/2025| Period | Gross | Net | Index |
|---|---|---|---|
| 3 Months | 2.68% | 2.61% | 2.57% |
| Year-To-Date | 7.00% | 6.76% | 6.90% |
Annualized Total Return (%)
As of 9/30/2025| Period | Gross | Net | Index |
|---|---|---|---|
| 1 Year | 3.97% | 3.65% | 3.65% |
| 3 Years | 7.48% | 7.17% | 6.87% |
| 5 Years | 0.81% | 0.54% | 0.33% |
| 10 Years | 3.81% | 3.55% | 3.00% |
| Since 10/1/2003 | 4.81% | 4.56% | 4.09% |
Period Performance (%)
As of 9/30/2025| Year | Gross | Net | Index |
|---|---|---|---|
| 2024 | 2.72% | 2.41% | 2.03% |
| 2023 | 9.15% | 8.82% | 8.18% |
| 2022 | -16.00% | -16.21% | -15.26% |
| 2021 | -0.37% | -0.61% | -1.08% |
| 2020 | 11.68% | 11.42% | 9.35% |
| 2019 | 15.77% | 15.50% | 13.80% |
| 2018 | -2.27% | -2.50% | -2.11% |
| 2017 | 7.23% | 6.98% | 6.18% |
| 2016 | 7.44% | 7.18% | 5.63% |
| 2015 | -1.08% | -1.31% | -0.77% |
Documents
Important Disclosures
Performance data shown represents past performance and is no guarantee of future results. Current performance may be lower or higher than quoted. Returns are shown in US dollars and are annualized for one and multi-year periods. Gross returns are net of trading costs. Net returns are gross returns less effective management fees.
KEY RISKS: Credit Risk, Issuer Risk, Interest Rate Risk, Liquidity Risk, Non-US Securities Risk, Currency Risk, Prepayment Risk and Extension Risk. Investing involves risk including possible loss of principal.
There is no guarantee that the investment objective will be realized or that the strategy will generate positive or excess return.
Investment vehicles may not be available to all investors and are subject to eligibility.
Effective March 31, 2020, the Investment Grade Corporate Bond Composite changed its name to the Investment Grade Corporate/Credit Bond Composite. The Composite includes all discretionary separate accounts with market values greater than $20 million managed by Loomis Sayles and invests primarily in investment grade US domestic credit securities with a maximum allocation of up to 20% in high yield securities. As of 1/1/2021 the Composite was redefined to include commingled vehicles, previously only separate accounts were included. Prior to June 1, 2015 the Composite minimum account size requirement was $5 million. The Composite inception date is October 1, 2003. The Composite was created in August 2004.