Class-I (Institutional)

Institutional Class shares are available through Loomis Sayles with a minimum initial investment of $100,000 or higher.

Institutional shares of certain funds may be available at lower minimums through major fund marketplaces.

Retail

Retail Class shares are available through Loomis Sayles with a minimum initial investment of $2,500. Retail shares can also be purchased through major fund marketplaces.

Admin

Admin class shares are available through Loomis Sayles for 401(k) plans only.

Class-Y

Class Y shares are available through Loomis Sayles to institutional investors with a minimum initial investment of $100,000, to clients of registered investment advisors that utilize institutional trading platforms approved by the Funds, and to investors in wrap-fee programs or employee benefit plans approved by the Funds.

Class-N

Class N shares of the Fund are subject to a $1,000,000 initial investment minimum. There is no initial investmentminimum for certain retirement plans and funds of funds that are distributed by Natixis Distribution, L.P. (the “Distributor”).