¹Associate Portfolio Managers do not have discretion over the strategy.

Diversification does not ensure a profit or guarantee against a loss.

Any investment that has the possibility for profits also has the possibility of losses, including the loss of principal.

There is no guarantee that the investment objective will be realized or that the strategy will generate positive or excess return.

The Composite includes all discretionary Managed Accounts with market values greater than $100,000 managed by Loomis Sayles withinvestment guidelines prescribing investment in liquid bonds. The outright purchase of non-US dollar denominated, equity, convertible, bank loan, and derivative securities is not permitted. However, these may be accessed indirectly through the Composite’s ability to invest up to 40% total in the Loomis Sayles Securitized Asset Fund, Loomis Sayles High IncomeOpportunities Fund, or other funds permissible by investment guidelines. The Composite has a benchmark of the Bloomberg US Aggregate Index. Proprietary quantitative models areemployed in portfolio construction and risk assessment. Security selection is the primary alpha source for this product. Yield curve and duration management are additional tools utilized by the portfolio management team. The Composite inception date is August 1, 2024. The Composite was created in 2024.