Loomis Sayles Growth Fund
LGRRX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Loomis Sayles Funds II (Natixis) MA United States of America
- IPO Date
- Dec 31, 1996
- CIK
- 0000872649
- Website
- loomissayles.com
- Similar Companies
- Business
- Loomis Sayles Growth Fund (LGRRX) is a large-cap growth mutual fund that seeks long-term capital appreciation by investing primarily in equity securities, including common stocks, convertible securities, and warrants of companies with sustainable competitive advantages, secular long-term cash flow growth, and returns on invested capital exceeding their cost of capital; the fund emphasizes high-quality businesses trading at significant discounts to intrinsic value, maintaining a high-conviction portfolio of typically 30 to 40 holdings with sector allocations led by information technology (around 30%), communication services (24%), and consumer discretionary (17%), including top positions in NVIDIA Corp, Alphabet Inc, and Tesla Inc. Class A shares (LGRRX), with a 0.92% expense ratio, complement other share classes such as Class Y (LSGRX, inception May 16, 1991, net expense ratio 0.66%) and Class N (LGRNX, inception February 1, 2013, net expense ratio 0.57%), all benchmarked against the Russell 1000 Growth Index within the Lipper Large-Cap Growth Funds category. Managed by Loomis, Sayles & Company, L.P., a Boston-headquartered investment manager founded in 1926 and affiliate of Natixis Investment Managers with approximately $425 billion in assets under management, the fund targets institutional investors, defined contribution and benefit plans, and financial intermediaries, with total fund assets of $18.1 billion as of November 30, 2025. In recent developments, the fund earned and reaffirmed Morningstar's Gold Medalist Rating as of January 23, 2025, reflecting strong forward-looking analysis of its people, parent, and process; it reopened to new investors effective April 25, 2023, expanding accessibility beyond existing shareholders and select intermediaries. Loomis Sayles, the fund's adviser, announced in November 2025 an agreement to transition its Global Emerging Market Equities team to FIM Partners, with the deal expected to close in 2026 pending regulatory approvals, ensuring continuity for clients during the interim; earlier in September 2024, the firm expanded its partnership with iA Clarington Investments for Canadian fixed-income strategies led by portfolio manager Dan Janis. These moves align with Loomis Sayles' ongoing emphasis on growth equity strategies, including a March 2025 celebration of the five-year anniversary of its International Growth Strategy under the Growth Equity Strategies team.