Global Allocation Fund
Overview
Fund Details
Portfolio Managers
Matt Eagan, CFA
Portfolio Manager, Head of Full Discretion
David Rolley, CFA
Co-Head of the Global Fixed Income Team, Portfolio Manager
Eileen Riley, CFA
Portfolio Manager, Co-Head of Global Equity Opportunities
Lee Rosenbaum
Portfolio Manager, Co-Head of Global Equity Opportunities
Fund Facts
About the Team
Deep experience and fundamental research that drive sustainable, risk-adjusted returns over the long-term.
Our Performance data shown represents past performance and is no guarantee of future results. Investment return and value will vary and you may have a gain or loss when shares are sold. Current performance may be lower or higher than quoted. For most recent month-end performance, please see the tab labeled “Performance”.
Why Choose This Fund?
- To gain exposure to global equity and fixed income markets through an experienced management team.
- For potentially attractive risk-adjusted returns from a global stock and bond portfolio.
- To add global diversification to US investments.
Investment Strategy
- Global diversification across major asset classes and markets has helped reduce portfolio risk historically without compromising long-term return
- Focus on absolute return
- Unconstrained, flexible mandate leverages Loomis Sayles’ deep global equity and fixed income resources
- Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings made for investment purposes) in equity and fixed income securities of US and foreign issuers
- Flexibility to capitalize on global fixed income and equity market opportunities
- May be suitable for investors seeking enhanced return potential and global diversification, with the ability to take on risks of global investing
About Risk
- Equity securities are volatile and can decline significantly in response to broad market and economic conditions.
- Fixed income securities may carry one or more of the following risks: credit, interest rate (as interest rates rise bond prices usually fall), inflation and liquidity.
- Foreign and emerging market securities may be subject to greater political, economic, environmental, credit, currency and information risks. Foreign securities may be subject to higher volatility than US securities due to varying degrees of regulation and limited liquidity. These risks are magnified in emerging markets.
- Below investment grade fixed income securities may be subject to greater risks (including the risk of default) than other fixed income securities.
- Currency exchange rates between the US dollar and foreign currencies may cause the value of the fund’s investments to decline.
Performance
Cumulative Total Return (%)
As of 11/30/2025| Class Y | Return |
|---|---|
| 3 Months | 3.47% |
| Year-To-Date | 11.78% |
Annualized Total Return (%)
As of 11/30/2025| Class Y | Return |
|---|---|
| 1 Year | 8.25% |
| 3 Years | 13.80% |
| 5 Years | 6.93% |
| 10 Years | 9.03% |
| Since Inception | 9.35% |
Cumulative Total Return (%)
As of 9/30/2025| Class Y | Return |
|---|---|
| 3 Months | 4.13% |
| Year-To-Date | 9.94% |
Annualized Total Return (%)
As of 9/30/2025| Class Y | Return |
|---|---|
| 1 Year | 7.65% |
| 3 Years | 18.21% |
| 5 Years | 7.59% |
| 10 Years | 9.32% |
| Since Inception | 9.34% |
Performance data shown represents past performance and is no guarantee of future results. Total return and value will vary and you may have a gain or loss when shares are sold. Current performance may be lower or higher than quoted. Returns include changes in share price and reinvestment of dividends and capital gains, if any.
Rankings
Lipper Ranking
As of 11/30/2025| Class Y | Rank | Percentile |
|---|---|---|
| 1 Year | 278/419 | 66% |
| 3 Years | 52/384 | 14% |
| 5 Years | 158/353 | 45% |
| 10 Years | 28/249 | 11% |
Morningstar Ranking
As of 11/30/2025| Class Y | Rank | Percentile |
|---|---|---|
| 1 Year | 381/415 | 92% |
| 3 Years | 17/410 | 4% |
| 5 Years | 153/397 | 39% |
| 10 Years | 5/322 | 2% |
Lipper rankings are based on total returns calculated by each ranking entity. Rankings do not take into account sales charges, if applicable, but include reinvestment of dividends and capital gains, if any.
Morningstar Percentile Rankings are based on total return and do not account for sales charges. Percentile ranks are based on absolute rank within specific fund categories and time periods. Within a category, all funds’ percentile rankings range from 1 (best) to 100 (worst), with all intermediate values spread evenly over that range. The fund’s absolute peer ranking may not be available for all time periods. Morningstar does not calculate an absolute peer ranking when a fund’s performance has been linked to a preexisting share class.
Past performance is no guarantee of future results.
Characteristics
Characteristics
As of 11/30/2025| Number of Holdings | 36 |
| P/E (trailing 12 months) | 27.04 |
| P/E (forward 12 months) | 26.55 |
| 3-5 Year EPS Growth | 11.56 |
| ROE (1 year equal weighted) | 25.70 |
| Annual Portfolio Turnover as of 9/30/2023 | 18.61% |
Characteristics
As of 9/30/2025| Characteristic | Fund | Index |
|---|---|---|
| Number of Holdings | 35 | 2509 |
| P/E (trailing 12 months) | 27.33 | 21.41 |
| P/E (forward 12 months) | 26.63 | 20.93 |
| 3-5 Year EPS Growth | 9.96 | 11.06 |
| ROE (1 year equal weighted) | 25.01 | 16.67 |
| Annual Portfolio Turnover as of 9/30/2023 | 18.61% |
Market Capitalization
As of 9/30/2025| Fund | Index | |
|---|---|---|
| > $50 Billion | 89.2% | 76.6% |
| $25 to 50 Billion | 5.5% | 11.5% |
| $10 to 25 Billion | 4.0% | 9.5% |
| < $10 Billion | 0.1% | 2.5% |
| Cash & Equivalents | 1.2% | – |