Loomis Sayles Investment Grade Bond Fund

Fund Facts:

Fund Highlights:

• Multisector strategy focused primarily on investment-grade issues, with the flexibility to invest up to 10% of its assets in below-investment-grade issues and up to 20% in foreign securities
• Issue selection is a significant component of the investment process
• Fund's diversification across sectors may help alleviate susceptibility to market disruptions
• Experienced management team headed up by Dan Fuss and Kathleen Gaffney
• Backed by renowned Loomis Sayles research
• May be suitable for investors seeking strong, long-term performance potential from a diversified fixed-income portfolio

Fund Objective:

• Seeks high total investment return through a combination of current income and capital appreciation

Investment Strategy:

• Invests primarily in investment-grade, fixed-income securities
• May invest up to 10% of assets in lower-rated fixed-income securities
• May invest any portion of its assets in securities of Canadian issuers and up to 20% of its assets in securities of other foreign issuers, including emerging markets securities

Risks:

• Mutual funds that invest in bonds can lose their value as interest rates rise and an investor can lose principal.
• High yield securities are subject to a high degree of market and credit risk. In addition, the secondary market for these securities may lack liquidity which, in turn, may adversely affect the value of these securities and that of the Fund.
• Foreign investments involve special risks including greater economic, political and currency fluctuation risks, which may be even greater in emerging markets. In emerging markets these risks can be significant.

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	14.34%	8.50%	7.56%	8.80%	8.46%	12/31/1996
w/MSC	9.15%	6.86%	6.58%	8.30%	8.10%	12/31/1996

Quarterly Performance (as of 06/30/2010)
	1 YR	3 YR	5 YR	10 YR	Since Inception	Share Class Inception Date
NAV	18.04%	7.80%	7.13%	8.75%	8.29%	12/31/1996
w/MSC	12.68%	6.16%	6.15%	8.25%	7.92%	12/31/1996

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

Fund Managed by:

• 

Fund portfolio managers:

Information as of the most recent prospectus

• Loomis, Sayles & Company

  Matthew J. Eagan, CFA

  Matthew J. Eagan has served as co-portfolio manager of the Loomis Sayles High Income Fund since May 2002 and has served as an associate portfolio manager of the Loomis Sayles Investment Grade Bond Fund since September 2006 and the Loomis Sayles Strategic Income Fund since February 2007. Mr. Eagan, Portfolio Manager and Vice President of Loomis Sayles, began his investment career in 1989 and joined Loomis Sayles in 1997. Mr. Eagan received a BA from Northeastern University and an MBA from Boston University. He holds the designation of Chartered Financial Analyst. Mr. Eagan has over 20 years of investment experience.

• Loomis, Sayles & Company

  Elaine M. Stokes

  Elaine M. Stokes has served as associate portfolio manager of the Loomis Sayles Investment Grade Bond Fund since September 2006, the Loomis Sayles High Income Fund since February 2007 and the Loomis Sayles Strategic Income Fund since February 2007. Ms. Stokes, Vice President of Loomis Sayles, began her investment career in 1987 and joined Loomis Sayles in 1988. She received a BS from St. Michael’s College and has over 22 years of investment experience.

• Loomis, Sayles & Company

  Daniel J. Fuss, CFA, CIC

  Daniel J. Fuss has served as portfolio manager of the Loomis Sayles Strategic Income Fund since May 1995 and has served as co-portfolio manager of the Loomis Sayles Investment Grade Bond Fund since its inception in December 1996. Mr. Fuss is Vice Chairman, Director and Managing Partner of Loomis Sayles. He began his investment career in 1958 and has been at Loomis Sayles since 1976. Mr. Fuss holds the designation of Chartered Financial Analyst. He received a BS and an MBA from Marquette University and has over 51 years of investment experience.

• Loomis, Sayles & Company

  Kathleen C. Gaffney, CFA

  Kathleen C. Gaffney has served as an associate portfolio manager of the Loomis Sayles Investment Grade Fixed Income Fund since September 2006 and the Loomis Sayles Fixed Income Fund and the Loomis Sayles Institutional High Income Fund since February 2007. Ms. Gaffney, Vice President of Loomis Sayles, began her investment career in 1984 and joined Loomis Sayles in 1984. She received a BA from the University of Massachusetts. Ms. Gaffney holds the designation of Chartered Financial Analyst and has over 25 years of investment experience.

Fees & Expenses

Information as of the most recent prospectus

Expense Ratio
Gross expense ratio	0.80%
Net expense ratio	0.80%
Contract status	Contractual
Expense cap expiration date	01/31/2011

Maximum Sales Charge
Up front	4.50%

Fund History

Date: 02/01/10

The addition of Admin Class shares became effective with the SEC.

Literature & Commentary

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

Commentary and Marketing Materials
Fact Sheet Share Class A/C
Fact Sheet Share Class Y
Fund Profile