Loomis Sayles Disciplined Equity Fund

Fund Facts:

Fund Highlights:

• Leverages research analysts’ expertise in a portfolio of high conviction ideas
• May invest in both growth and value stocks of companies primarily in the large market capitalization area

Fund Objective:

• Seeks long-term growth of capital

Investment Strategy:

• Loomis Sayles research analysts compare fundamental trends and valuations across industries and sectors and select their strongest convictions.
• Sector weights may diverge from the S&P 500 to increase potential for outperformance.

Risks:

• Growth stocks are generally more sensitive to market movements than value stocks.
• Because the fund can invest a significant percentage of assets in foreign securities, the value of the fund shares can be adversely affected by changes in currency exchange rates, political, and economic developments. In emerging markets these risks can be significant.
• The fund is subject to currency risk, which is the risk that fluctuations in exchange rates between the U.S. dollar and foreign currencies may cause the value of a fund’s investments to decline. Funds that invest in securities denominated in, or receive revenues in, foreign currency are subject to currency risk.

Performance:

Please refer to the Fees & Expenses tab to the left for more information.

Monthly Performance (as of 08/31/2010)
	1 YR	3 YR	5 YR	10 YR	Since Inception	Share Class Inception Date
NAV	-0.77%	-8.74%	-1.52%	-2.55%	-1.66%	11/30/2001
w/MSC	-6.44%	-10.52%	-2.67%	-3.12%	-2.23%	11/30/2001

Quarterly Performance (as of 06/30/2010)
	1 YR	3 YR	5 YR	10 YR	Since Inception	Share Class Inception Date
NAV	10.14%	-9.18%	-1.18%	N/A	-1.70%	11/30/2001
w/MSC	3.88%	-10.96%	-2.34%	N/A	-2.28%	11/30/2001

Performance data shown represents past performance and is no guarantee of future results. Investment return and principal value will fluctuate, so you may gain or loss when shares are sold. Current performance may be higher or lower than quoted.

Important Performance Information

Holdings:

Available Downloads	PDF
Full Holdings
Top 10 Holdings
Sector Allocation	N/A

Fund Managed by:

• 

Fund portfolio managers:

Information as of the most recent prospectus

• Loomis, Sayles & Company

  Maureen G. Depp, CFA

  Maureen G. Depp has co-managed the Loomis Sayles Disciplined Equity Fund and co-led the equity research analyst teams that provide investment idea generation and buy and sell recommendations for the Loomis Sayles Disciplined Equity Fund since July 2005. Ms. Depp, Vice President and co-director of Equity Research of Loomis Sayles, began her investment career in 1976 and joined Loomis Sayles in 2004. From 1998 to 2004, she was an Assistant Director and then a Managing Director of Research at State Street Research & Management Company. Ms. Depp received a BS from St. John’s University and an MBA from the University of Rhode Island. She holds the designation of Chartered Financial Analyst and has over 33 years of investment experience.

• Loomis, Sayles & Company

  Brian S. James, CFA

  Brian S. James has co-managed the Loomis Sayles Disciplined Equity Fund and co-led the equity research analyst teams that provide investment idea generation and buy and sell recommendations for the Loomis Sayles Disciplined Equity Fund since July 2005. Mr. James, Vice President and co-director of Equity Research of Loomis Sayles, began his investment career in 1980 and joined Loomis Sayles in 1998. He received a BA fromHampshire College, an MPP from Harvard University School of Government and an MBA from Harvard University School of Business. Mr. James holds the designation of Chartered Financial Analyst and has over 29 years of investment experience.

Fees & Expenses

Information as of the most recent prospectus

Expense Ratio
Gross expense ratio	1.78%
Net expense ratio	1.25%
Contract status	Contractual
Expense cap expiration date	01/31/2011

Maximum Sales Charge
Up front	5.75%

Fund History

Date: 10/01/09

The Fund changed its investment strategy and name from the Loomis Sayles Research Fund to the Loomis Sayles Disciplined Equity Fund.

Literature & Commentary

Fund Documents
Summary Prospectus Share Class A/B/C
Prospectus Share Class A/B/C
Summary Prospectus Shaer Class Y
Prospectus Share Class Y
SAI
Annual Report
Semiannual Report

Commentary and Marketing Materials
Fact Sheet Share Class A/C