Loomis Sayles Multi-Asset Income Fund

Data updated: 2020-03-16

C000123285 — Loomis Sayles Multi-Asset Income Fund. Balanced Allocation · $86.80M AUM · 0.75% expense ratio. Holdings, fees, performance and SEC filings.

C000123285 Fund Overview

Loomis Sayles Multi-Asset Income Fund is a US mutual fund managed by Natixis Funds Trust I, categorised as Balanced Allocation. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

Type: US mutual fund
Manager: Natixis Funds Trust I
Category: Balanced Allocation
Assets under management: $86.80M
SEC CIK: 0000770540
SEC series ID: S000006657
Share class ID: C000123285

C000123285 Investment Objective and Strategy

Loomis Sayles Multi-Asset Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Natixis Funds Trust I.

Investment objective

The Fund seeks current income with a secondary objective of capital appreciation.

Principal investment strategy

"The Fund intends to pursue its investment goal by utilizing a flexible investment approach that allocates investments across a broad range of income-producing securities, while employing risk management strategies to mitigate downside risk. The Fund may invest in equity securities (including common stocks, preferred stocks, depositary receipts, warrants, securities convertible into common or preferred stocks and real estate investment trusts (""REITS"")). The Fund may also invest up to 25% of its assets in publicly traded master limited partnerships (""MLPs""). The Fund may invest in fixed-income securities (including exchange-traded notes, structured notes, corporate debt, foreign and U.S. government and agency fixed-income securities, bank loans, adjustable floating rate loans and other floating rate debt instruments issued by U.S.

and non-U.S. corporations and other business entities and convertible debt securities). The Fund may invest in below investment grade fixed-income securities (commonly known as ""junk bonds""). Below investment grade fixed-income securities are rated below investment grade quality (i.e., none of the three major ratings agencies (Moody's Investors Service, Inc. (""Moody's""), Fitch Investors Services, Inc. (""Fitch"") or Standard and Poor's Ratings Group (""S&P"")), have rated the securities in one of its top four rating categories) or, if unrated, are determined by Loomis Sayles & Company, L.P. (""Loomis Sayles"" or the ""Subadviser"") to be of comparable quality. There is no minimum rating for the fixed-income securities in which the Fund may invest. The Fund may invest in securities of any maturity or market capitalization.

The Fund may invest in foreign securities including those in emerging markets. The Fund may shift its assets among various types of income-producing securities based upon the Subadviser's evaluation of changing market conditions, yield expectations and security-specific opportunities. Changes to the Fund's asset allocations are based on several criteria, including global market cycles, global economic regimes and the relative attractiveness of particular asset categories. Under normal market conditions, the Fund will typically invest between 20% and 80% of its assets in fixed-income securities and between 30% and 70% in equity securities. However, the Fund is not required to allocate its investments among asset classes in any fixed proportion and may invest up to 100% of its assets in either equity securities or fixed-income securities.

A sudden change in market conditions could cause the Subadviser to substantially change the allocation of the Fund's assets over a relatively short period of time. In selecting individual investments for the Fund, the Subadviser considers factors including, but not limited to, economic and business cycles as well as top-down sector valuations and fundamental, bottom-up security valuations. In deciding which equity securities to buy and sell, the Subadviser seeks to identify securities that it believes are, among other things, attractively valued based on the Subadviser's estimate of what a security is actually worth, with additional consideration given to income-producing securities. The Subadviser may utilize quantitative screening methods based on fundamental factors to identify issuers which may pay or grow dividends.

In deciding which fixed-income securities to buy and sell, the Subadviser may consider a number of factors including, but not limited to, diverging business cycles among countries and regions, the stability and volatility of a country's bond markets, the financial strength of the issuer, current interest rates, the Subadviser's expectations regarding general trends in interest rates and currency considerations. The Subadviser will also consider how purchasing or selling a security would impact the overall portfolio's risk profile (for example, its sensitivity to currency risk, interest rate risk and sector-specific risk) and potential return (income and capital gains). When constructing the Fund's portfolio the Subadviser will use risk management tools in an effort to manage risk on an ongoing basis.

These tools include the use of models that evaluate risk correlation to various market factors or asset classes, scenario analysis to measure the impact of certain market events and measuring the volatility of certain sectors and securities to understand the level of risk being contributed by these sectors and securities. The portfolio management team expects to actively evaluate each investment idea and to decide to buy or sell an investment based upon: (i) its return potential; (ii) its level of risk; and (iii) its fit within the team's overall macro strategy, with the goal of continually optimizing the Fund's portfolio. The Fund may also: Invest in mortgage-related and asset-backed securities Invest in securities offered in initial public offerings (""IPOs"") and securities issued pursuant to Rule 144A under the Securities Act of 1933 (""Rule 144A securities"").

Rule 144A securities are privately offered securities and can be resold only to certain qualified institutional buyers. Engage in over-the-counter (""OTC"") options, swap contracts (including credit default swaps) and currency transactions as well as futures transactions and other derivatives for hedging and investment purposes. The Fund may take both long and short positions in derivatives. Engage in active and frequent trading of securities and other instruments. Effects of frequent trading may include high transaction costs, which may lower the Fund's returns, and realization of short-term capital gains, distributions of which are taxable to shareholders who are individuals as ordinary income. Trading costs and tax effects associated with frequent trading may adversely affect the Fund's performance."

C000123285 Costs and Fees

C000123285 costs about $75 per $10,000 invested per year in fund expenses.

Net expense ratio: 0.75%
Gross expense ratio: 0.89%
Portfolio turnover: 282%
Brokerage commissions: 7.98 bps of average net assets (SEC N-CEN)

C000123285 Cashflows

Over the 12 months to 2019-12, Loomis Sayles Multi-Asset Income Fund had net outflows of $24.05M, from monthly SEC N-PORT filings.

Month	Net flow
2019-12	−$13.12M
2019-11	−$4.89M
2019-10	−$2.68M
2019-09	−$1.11M
2019-08	−$1.07M
2019-07	−$1.18M

C000123285 Debt Constituents

No individual debt constituents are reported in Loomis Sayles Multi-Asset Income Fund's latest SEC N-PORT filing.

C000123285 Prospectus and SEC Filings

Official Loomis Sayles Multi-Asset Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Balanced Allocation funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.