Loomis Sayles has launched the Loomis Sayles Senior Floating Rate and Fixed Income Fund, aimed at navigating changing economic cycles by taking a flexible approach to investing in bank loans and other credit instruments.
Although the fund invests primarily in floating rate bank loans, it can also invest up to 35% of its portfolio in the entire range of fixed income asset classes, depending on the outlook for the credit cycle. This is based on both macro and bottom-up investment analysis. Additionally, bank loan securities have a priority claim on assets ahead of bondholders and have historically had lower default rates and lower volatility than higher-yielding issues.
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