Short Duration Fixed Income
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
Chris Harms
Co-Head of the Relative Return Team, Portfolio Manager
Cliff Rowe, CFA
Portfolio Manager
Daniel Conklin, CFA
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 that is broadly diversified across the US investment grade bond market including US Treasurys, securitized markets and corporate bonds. Allocations of up to 10% in non-investment grade corporate bonds are available upon request.
- Strategy aims to generate a return in excess of the benchmark, generate alpha consistently and produce top of peer group performance outcomes.
- Bottom up and top down investment process focused on core competencies of security selection and active market exposure adjustments through a diversified portfolio. Duration is matched to the benchmark and is not an alpha generation tool.
- The primary drivers of alpha are security selection and sector allocation, or the active management of risk.
Composite Performance
Cumulative Total Return (%)
As of 12/31/2025| Period | Gross | Net | Index |
|---|---|---|---|
| 3 Months | 1.27% | 1.21% | 1.16% |
| Year-To-Date | 6.21% | 5.96% | 5.35% |
Annualized Total Return (%)
As of 12/31/2025| Period | Gross | Net | Index |
|---|---|---|---|
| 1 Year | 6.21% | 5.96% | 5.35% |
| 3 Years | 6.21% | 5.95% | 4.77% |
| 5 Years | 3.05% | 2.82% | 1.97% |
| 10 Years | 3.30% | 3.08% | 2.09% |
| Since 8/1/2007 | 3.72% | 3.48% | 2.23% |
Period Performance (%)
As of 12/31/2025| Year | Gross | Net | Index |
|---|---|---|---|
| 2025 | 6.21% | 5.96% | 5.35% |
| 2024 | 5.76% | 5.51% | 4.36% |
| 2023 | 6.64% | 6.38% | 4.61% |
| 2022 | -3.12% | -3.32% | -3.69% |
| 2021 | 0.13% | -0.05% | -0.47% |
| 2020 | 5.16% | 4.96% | 3.33% |
| 2019 | 5.76% | 5.56% | 4.03% |
| 2018 | 1.60% | 1.40% | 1.60% |
| 2017 | 2.32% | 2.08% | 0.84% |
| 2016 | 2.98% | 2.74% | 1.28% |
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, 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.
The Composite includes all discretionary separate accounts with market values greater than $5 million managed by Loomis Sayles and invests primarily in investment grade fixed income securities of all major fixed income sectors such as corporates, governments, and mortgages with short term maturities. As of December 1, 2022 the Composite was redefined to exclude stable value accounts previously stable value accounts were included. The Composite inception date is August 1, 2007. The Composite was created in June 2009.