Long Duration Corporate 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
Neil Burke
Portfolio Manager
John Hyll
Portfolio Manager
About the Team
A comprehensive fixed income platform powered by seasoned investors and focused, benchmark aware investment strategies.
Investment Strategy
- Benchmark aware strategy broadly diversified across issuers and industries of the US investment grade corporate/credit bond market
- Tactical allocation through beta management and bottom-up security selection help drive portfolio construction
- Quantitative risk analysis is applied to construct a portfolio from these investment ideas that seeks to incorporate risk diversification and to minimize unintended risks while managing portfolio risks, both market and specific
- Duration and yield curve are typically managed relatively close to the benchmark
- The primary drivers of alpha are security selection and industry allocation
Composite Performance
Cumulative Total Return (%)
As of 12/31/2025| Period | Gross | Net | Index |
|---|---|---|---|
| 3 Months | -0.11% | -0.18% | -0.11% |
| Year-To-Date | 7.36% | 7.04% | 7.44% |
Annualized Total Return (%)
As of 12/31/2025| Period | Gross | Net | Index |
|---|---|---|---|
| 1 Year | 7.36% | 7.04% | 7.44% |
| 3 Years | 5.41% | 5.09% | 5.33% |
| 5 Years | -2.81% | -3.09% | -2.98% |
| 10 Years | 3.99% | 3.72% | 3.42% |
| Since** 9/1/2009 | 5.32% | 5.05% | 4.84% |
Period Performance (%)
As of 12/31/2025| Year | Gross | Net | Index |
|---|---|---|---|
| 2025 | 7.36% | 7.04% | 7.44% |
| 2024 | -1.89% | -2.19% | -1.95% |
| 2023 | 11.20% | 10.86% | 10.93% |
| 2022 | -25.59% | -25.79% | -25.62% |
| 2021 | -0.51% | -0.76% | -1.13% |
| 2020 | 18.34% | 18.04% | 13.94% |
| 2019 | 23.76% | 23.45% | 23.89% |
| 2018 | -6.86% | -7.09% | -7.24% |
| 2017 | 12.10% | 11.83% | 12.09% |
| 2016 | 11.56% | 11.29% | 10.97% |
Documents
*Strategy assets are comprised of Long Duration Corporate Bond and Long Duration Credit.
**Due to the composite’s significant cash flow policy there was a temporary two month period in July 2009 and August 2009 when there were no accounts included in the composite. Therefore the continuous track record for the composite begins September 1, 2009 despite the April 1, 2009 composite inception date.
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, 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.
Diversification does not ensure a profit or guarantee against a loss.
Investment vehicles may not be available to all investors and are subject to eligibility.
The Composite includes all discretionary separate and commingled accounts with market values greater than $20 million managed by Loomis Sayles and seeks to provide diversified, actively managed exposure primarily to the long end of the US investment grade corporate market. Prior to June 1, 2015 the Composite minimum account size requirement was $5 million. The Composite inception date is April 1, 2009. The Composite was created in 2010.