Natixis Loomis Sayles Short Duration Income ETF
LSST
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- MA United States of America
- IPO Date
- Dec 28, 2017
- CIK
- 0001526787
- Similar Companies
- Business
- Natixis Loomis Sayles Short Duration Income ETF (LSST), sponsored by Natixis ETF Trust and managed through a partnership between Natixis Investment Managers and its affiliate Loomis, Sayles & Company, L.P., operates as an actively managed exchange-traded fund focused on short-duration fixed income securities. The fund invests primarily in investment-grade debt instruments, including corporate bonds, mortgage-backed securities, and asset-backed securities, with a target weighted average duration of one to three years to mitigate interest rate risk while seeking current income and capital preservation; it employs active portfolio management, diversification across issuers and sectors, and rigorous credit analysis to pursue risk-adjusted returns benchmarked against the Bloomberg US Government/Credit 1-3 Year Index. LSST targets income-oriented investors, such as institutions and individuals, providing intraday liquidity via NYSE Arca trading and tax-efficient exposure to short-term, high-quality fixed income markets in the United States. Launched in 2017 as one of Natixis Investment Managers' pioneering active ETFs, LSST represented an early collaboration between Natixis IM—one of the first issuers of active semi-transparent ETFs—and Loomis Sayles, a Boston-based investment manager founded in 1926 with expertise in fixed income strategies. The ETF operated from headquarters aligned with Natixis IM in Boston, Massachusetts, and Loomis Sayles at One Financial Center in Boston, serving U.S. investors through platforms like Fidelity, Schwab, and others. In a major strategic shift announced on September 12, 2024, Natixis Investment Managers decided to liquidate and close LSST on recommendation from adviser Natixis Advisors, LLC, with trading ceasing on September 25, 2024, delisting on September 26, 2024, and final shareholder distributions by September 30, 2024; this operational wind-down shifted the fund to cash holdings, ending its pursuit of investment objectives amid low assets and market conditions. No recent partnerships, acquisitions, funding rounds, or new product launches were reported for LSST in the 1-2 years prior to closure, marking its complete cessation as an active offering within Natixis IM's lineup of ETFs including LSGR, VNMC, and VNSE.