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Bond Fund  Click here for the most recent prospectus

OVERVIEW PERFORMANCE MONTHLY SNAPSHOT QUARTERLY SNAPSHOT MANAGEMENT TEAM/COMMENTARY
OVERVIEW
 
Minimums

Retail (R-Class): $2,500

Institutional (I-Class): $100,000

Admin (Admin-Class): For Retirement Plans Only



Objective: Seeks high total investment return
Total Fund Assets1 (as of 12/31/2009): $18.9 billion

Strategy
Invests primarily in investment grade, fixed income securities
May invest up to 35% of assets in lower-rated fixed income securities
May invest up to 20% of assets in preferred stocks
May invest up to 20% of assets in foreign securities, including emerging markets
May invest any portion of its assets in securities of Canadian issuers
Highlights
The flexible, "go anywhere" style of the portfolio allows the managers to seek out what they believe to be the best values in the fixed income markets
Portfolio diversifier - low correlation to other equity and bond funds
About Risk
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.
Securities issued by US Government agencies are not insured, and may not be guaranteed by the US Government.
 
Bond Fund (R-Class)
Ticker LSBRX
Fund Inception 5/16/1991
Class Inception 12/31/1996
CUSIP 543495832
Gross Expense Ratio2 0.96%
Net Expense Ratio 0.95%
Net Asset Value as of 12/31/2009 13.29
30-Day SEC Yield
as of 12/31/2009
5.15%
Bond Fund (I-Class)
Ticker LSBDX
Fund Inception 5/16/1991
Class Inception 5/16/1991
CUSIP 543495840
Gross Expense Ratio2 0.65%
Net Expense Ratio 0.65%
Net Asset Value as of 12/31/2009 13.34
30-Day SEC Yield
as of 12/31/2009
5.45%
Bond Fund (Admin-Class)
Ticker LBFAX
Fund Inception 5/16/1991
Class Inception 1/2/1998
CUSIP 543495857
Gross Expense Ratio2 1.25%
Net Expense Ratio 1.20%
Net Asset Value as of 12/31/2009 13.26
30-Day SEC Yield
as of 12/31/2009
4.89%
(I-Class)
Ticker TICKER
Fund Inception MM/DD/YYYY
Class Inception MM/DD/YYYY
CUSIP CUSIP
Gross Expense Ratio2 N.NN%
Net Expense Ratio N.NN%
Net Asset Value as of 12/31/2009 $NN.NN
30-Day SEC Yield
as of 12/31/2009
NN.NN%
Ticker TICKER
Fund Inception MM/DD/YYYY
Class Inception MM/DD/YYYY
CUSIP CUSIP
Gross Expense Ratio2 N.NN%
Net Expense Ratio N.NN%
Net Asset Value as of 12/31/2009 $NN.NN
30-Day SEC Yield
as of 12/31/2009
NN.NN%
Ticker TICKER
Fund Inception MM/DD/YYYY
Class Inception MM/DD/YYYY
CUSIP CUSIP
Gross Expense Ratio2 N.NN%
Net Expense Ratio N.NN%
Net Asset Value as of 12/31/2009 $NN.NN
30-Day SEC Yield
as of 12/31/2009
NN.NN%
 

1 Total Funds Assets reflects all available share classes that are represented.
2 Unlike net expense ratio, gross expense ratio does not reflect any potential reimbursement/waiver of expenses, if any, as stated in the most recent Fund prospectus. Fund expenses and expense reductions are subject to change. Expense reductions are contractual and are set to expire 1/31/2011. Investors should consult the most recent prospectus for more detailed information.

Before investing, consider the fund's investment objectives, risks, charges, and expenses. You may obtain a prospectus or a summary prospectus, if available, containing this and other information on this web site. Read it carefully.

Natixis Distributors, L.P. (fund distributor) and Loomis Sayles & Company L.P. are affiliated.