Biography

Michael Gladchun is an Associate Portfolio Manager on the Relative Return Team at Loomis, Sayles & Company, where he helps oversee the core plus fixed income strategy. Additionally, he is a Co-Portfolio Manager for the Loomis Sayles active US Treasury strategies. Michael has been a co-leader of the US Yield Curve Sector Team since 2014. He joined Loomis Sayles in 2004 as a Global Settlements Administrator and joined the trading desk in 2006. Michael was promoted to Director of US Rates Trading in 2020 and joined the Relative Return Team in 2021 as a Senior Strategist, responsible for macro positioning, portfolio structure and sector allocation. Prior to Loomis Sayles, he was a bank specialist for the international trade support team at Putnam Investments. Michael earned a BA from the University of Vermont and an MBA from Boston University.

Latest Insights by Michael Gladchun

Alpha Engine Perspectives Fixed Income Unscripted: Real Talk on Market Narratives & Dynamics
February 10, 2026 • 15 min read

Fixed Income Unscripted: Real Talk on Market Narratives & Dynamics

Loomis Sayles investment professionals share their candid thoughts on the forces driving the cycle, the implications for credit and the most compelling[…]
Alpha Engine Perspectives Straight Talk for Strange Times: Fixed Income Experts Weigh In
September 4, 2025 • 24 min read

Straight Talk for Strange Times: Fixed Income Experts Weigh In

Loomis Sayles experts share candid insights on some of the biggest questions facing fixed income markets today. Discover their perspectives on shifting[…]
Alpha Engine Perspectives Three Questions on Inflation with Michael Gladchun
October 31, 2023 • 3 min read

Three Questions on Inflation with Michael Gladchun

Michael Gladchun, Associate Portfolio Manager, estimates underlying core PCE is already running at or near a 2% annualized inflation rate, and he[…]
Relative Return