UAT Emerging Markets Debt Blended Total Return Overview Composite Performance Overview The Emerging Markets Debt Blended Total Return strategy seeks to maximize return potential by investing in what we consider to be attractive issuers in external sovereign, local sovereign and corporate debt markets based on top-down regime analysis Primary Benchmark1/3 JP Morgan Emerging Markets Bond Index Global Diversified, 1/3 JP Morgan Government Bond Index-Emerging Markets Global Diversified, 1/3 JP Morgan Corporate Emerging Markets Bond Index Broad DiversifiedPortfolio Management Andrea DiCenso Portfolio Manager Read bio Peter Yanulis Portfolio Manager & Strategist Read bio Strategy Highlights A total return strategy seeking potential alpha across the broadest emerging markets debt opportunity set Benchmark agnostic, tactical approach to emerging markets investing Blended opportunity set includes external sovereign, local sovereign and corporate debt markets Quantitatively driven top-down regime identification process based on value and momentum in credit and FX markets Bottom-up process structured to maximize regional relative value, supported by fundamental research Investment team integrates trading to help determine their best expression of each opportunity (sovereign versus corporate) Targets a volatility band of 5-7% with a Sharpe Ratio of 1.0 or higher over a full market cycle Portfolio Construction Duration: 0 to 10 years Maximum below investment grade: 100% Maximum local sovereigns: 50% Leverage: None Use of Derivatives: futures, forwards, options and swaps Strategy Facts as of 9/30/2024Strategy Inception3/1/2017Strategy Assets$147.3 millionComposite Assets$147.4 millionNumber of Composite Accounts1Fact Sheet Additional ContentBlended Emerging Markets Debt: A Paradigm Shift More on Alpha Strategies Learn More About the Team Explore more about the team’s philosophy, offerings, and insights.Learn More The Emerging Markets Debt Blended Total Return Composite includes all discretionary accounts with market values greater than $30 million managed by Loomis Sayles that adopt a total return approach to seek alpha across the broadest set of emerging markets debt asset classes. Accessing a broad investment opportunity set allows the product team to seek to create a diversified portfolio with what the team believes are the most attractive issuers in the external sovereign, local sovereign and corporate debt markets. Interest rate duration is managed from zero to ten years. The Composite inception date is March 1, 2017. The Composite was created in 2020. Performance Primary Benchmark: 1/3 JP Morgan Emerging Markets Bond Index Global Diversified, 1/3 JP Morgan Government Bond Index-Emerging Markets Global Diversified, 1/3 JP Morgan Corporate Emerging Markets Bond Index Broad Diversified Quarter-End Performance as of 9/30/2024CumulativeGrossNetIndex3 month6.05%5.88%6.53% Year-to-date7.62%7.10%7.37%Trailing Performance as of 9/30/2024Annualized Total ReturnGrossNetIndex1 year18.13%17.38%15.51% 3 years-1.29%-1.86%0.46% 5 years2.03%1.50%1.46% Since Inception 3/1/20172.42%1.89%2.73% Period PerformanceYearGrossNetIndex202311.53%10.82%10.99% 2022-17.94%-18.35%-13.90% 2021-2.58%-3.03%-3.26% 202012.58%12.08%5.07% 201916.79%16.25%13.93% 2018-7.74%-8.19%-3.96% 2017*2.98%2.49%7.47%* Since Inception 3/1/2017 Performance data shown represents past performance and is no guarantee of, and not necessarily indicative of, future results. Current performance may be lower or higher than quoted. Returns are shown in US dollars and are annualized for one and multi-year periods. Gross returns are net of trading costs. Net returns are gross returns less effective management fees. There is no guarantee that the investment objective will be realized or that the strategy will generate positive or excess return. Monthly Characteristics Monthly as of -1/-1/-1 Currency Distribution @ERROR% Duration Distribution @ERROR% Sector Distribution (Fixed) * 0.0% Country Distribution @ERROR% Maturity Distribution @ERROR% Credit Quality @ERROR% Portfolio composition statistics are from the adviser’s internal system and may not match the fund’s regulatory documents.Credit Quality reflects the highest credit rating assigned to individual holdings of the fund among Moody’s, S&P or Fitch; ratings are subject to change. The fund’s shares are not rated by any rating agency and no credit rating for fund shares is implied. Bond credit ratings are measured on a scale that generally ranges from AAA (highest) to D (lowest). Cash & Equivalents reflects unsettled trades, fees and derivatives. Negative Cash & Equivalents reflect the market value of future trade commitments for the fund. ABS/RMBS: Asset-Backed Securities/Residential Mortgage-Backed Securities. Agency MBS: Agency Mortgage-Backed Securities. CMBS: Commercial Mortgage-Backed Securities. Due to rounding, Sector, Currency, Country, Duration, Maturity and Quality distribution totals may not equal 100%. Quarterly Characteristics Quarterly as of -1/-1/-1 Currency DistributionFundIndex @ERROR%0.0% Duration DistributionFundIndex @ERROR%@ERROR% Sector Distribution (Fixed) *FundIndex 0.0%0.0% 0.0%0.0% Country DistributionFundIndex @ERROR%0.0% Maturity DistributionFundIndex @ERROR%@ERROR% Credit QualityFundIndex@ERROR%0.0% Portfolio composition statistics are from the adviser’s internal system and may not match the fund’s regulatory documents.Credit Quality reflects the highest credit rating assigned to individual holdings of the fund among Moody’s, S&P or Fitch; ratings are subject to change. The fund’s shares are not rated by any rating agency and no credit rating for fund shares is implied. Bond credit ratings are measured on a scale that generally ranges from AAA (highest) to D (lowest). Cash & Equivalents reflects unsettled trades, fees and derivatives. Negative Cash & Equivalents reflect the market value of future trade commitments for the fund. ABS/RMBS: Asset-Backed Securities/Residential Mortgage-Backed Securities. Agency MBS: Agency Mortgage-Backed Securities. CMBS: Commercial Mortgage-Backed Securities. Due to rounding, Sector, Currency, Country, Duration, Maturity and Quality distribution totals may not equal 100%. Holdings Top Ten Holdingsas of 9/30/2024% Assets @ERROR% Top 10 holdings may not be representative of current or future holdings and will evolve over time. x < Page: / > Download PDF