Loomis Sayles Investment Grade Bond Fund Administrative Class (LIGAX)

Overview

This fund is designed to offer investors exposure to the fixed-income market through investment in a diverse portfolio of investment grade and select below investment grade fixed-income securities. With a strategic allocation of at least 80% of its net assets in investment grade bonds and the flexibility to invest up to 15% in high-yield "junk bonds," the fund aims to combine income generation with a level of security. The focus on investment grade securities is complemented by the option to diversify into up to 30% U.S. dollar-denominated foreign securities, including those from emerging markets, allowing for potential risk-adjusted returns through geographical and economic diversification.

Products and Services

• Investment Grade Fixed-Income Securities

  The backbone of the fund's strategy, comprising at least 80% of the portfolio, these securities are rated at a level that indicates lower risk of default, aiming to provide a stable income with less volatility. Investment in these securities is geared towards investors seeking regular income with a conservative risk profile.

• Below Investment Grade Fixed-Income Securities

  Up to 15% of the fund's assets may be allocated to high-yield bonds, often referred to as "junk bonds." These are rated below investment grade and carry a higher risk of default but offer the potential for higher returns. This component of the fund's strategy is designed to enhance overall yield within a controlled risk framework.

• Fixed-Income Securities of Any Maturity

  The fund does not restrict its investments to bonds of a specific maturity. This flexibility allows the fund managers to take advantage of different interest rate environments and shifting market conditions to optimize returns and manage risk.

• U.S. Dollar-Denominated Foreign Securities

  Reflecting up to 30% of the fund's assets, these investments broaden the fund's exposure beyond domestic markets to include opportunities in developed and emerging markets around the world. Investing in U.S. dollar-denominated securities mitigates currency risk while offering the potential for diversification and enhanced returns.