Long Duration Corporate Bond Overview Composite Performance Overview The Long Duration Corporate Bond strategy seeks to provide diversified, actively managed exposure to the long end of the US investment grade corporate market Primary BenchmarkBloomberg US Long Corporate IndexPortfolio Management Neil Burke Portfolio Manager Read bio John Hyll Portfolio Manager Read bio Strategy Highlights Invests primarily in long duration US investment grade fixed income securities Fundamental research from Loomis Sayles credit research is a primary source for investment ideas and specific industry and security selection recommendations are developed by the Loomis Sayles investment grade sector team Quantitative risk analysis is applied to construct a portfolio from these investment ideas that seeks to incorporate risk diversification and to minimize unintended risks while managing portfolio risks, both market and specific Portfolio Construction Duration typically within +/- 2 years (typically within +/- 0.5 year) relative to the index Currency: US dollar only Maximum industry allocation: 25% or the index weight plus 10% whichever is greater at the time of purchase Maximum issuer position: 3% or index weight plus 2% whichever is greater at the time of purchase Strategy Facts as of 3/31/2025Strategy Inception4/1/2009Strategy Assets 1$7.1 billionComposite Assets$722.7 millionNumber of Composite Accounts3Fact Sheet The Composite includes all discretionary separate and commingled accounts with market values greater than $20 million managed by Loomis Sayles and seeks to provide diversified, actively managed exposure primarily to the long end of the US investment grade corporate market. Prior to June 1, 2015 the Composite minimum account size requirement was $5 million. The Composite inception date is April 1, 2009. The Composite was created in 2010. Performance Primary BenchmarkBloomberg US Long Corporate Index Quarter-End Performance as of 3/31/2025CumulativeGrossNetIndex3 month2.46%2.38%2.38% Year-to-date2.46%2.38%2.38%Trailing Performance as of 3/31/2025Annualized Total ReturnGrossNetIndex1 year2.37%2.07%2.11% 3 years-2.13%-2.41%-2.22% 5 years0.08%-0.20%-0.46% 10 years2.64%2.37%2.11% Since 9/1/2009**5.26%5.00%4.75% Period PerformanceYearGrossNetIndex2024-1.89%-2.19%-1.95% 202311.20%10.86%10.93% 2022-25.59%-25.79%-25.62% 2021-0.51%-0.76%-1.13% 202018.34%18.04%13.94% 201923.76%23.45%23.89% 2018-6.86%-7.09%-7.24% 201712.10%11.83%12.09% 201611.56%11.29%10.97% 2015-5.09%-5.32%-4.61%** Due to the composite’s significant cash flow policy there was a temporary two month period in July 2009 and August 2009 when there were no accounts included in the composite. Therefore the continuous track record for the composite begins September 1, 2009 despite the April 1, 2009 composite inception date and the 2Q09 period performance is presented on a stand alone basis. Performance data shown represents past performance and is no guarantee of future results. Current performance may be lower or higher than quoted. Returns are shown in US dollars and are annualized for one and multi-year periods. Gross returns are net of trading costs. Net returns are gross returns less effective management fees. There is no guarantee that the investment objective will be realized or that the strategy will generate positive or excess return. Monthly Characteristics Monthly as of -1/-1/-1 Currency Distribution @ERROR% Duration Distribution @ERROR% Sector Distribution (Fixed) 0.0% Country Distribution @ERROR% Maturity Distribution @ERROR% Credit Quality @ERROR% Portfolio composition statistics are from the adviser’s internal system and may not match the fund’s regulatory documents.Credit Quality reflects the highest credit rating assigned to individual holdings of the fund among Moody’s, S&P or Fitch; ratings are subject to change. The fund’s shares are not rated by any rating agency and no credit rating for fund shares is implied. Bond credit ratings are measured on a scale that generally ranges from AAA (highest) to D (lowest). Cash & Equivalents reflects unsettled trades, fees and derivatives. Negative Cash & Equivalents reflect the market value of future trade commitments for the fund. ABS/RMBS: Asset-Backed Securities/Residential Mortgage-Backed Securities. Agency MBS: Agency Mortgage-Backed Securities. CMBS: Commercial Mortgage-Backed Securities. Due to rounding, Sector, Currency, Country, Duration, Maturity and Quality distribution totals may not equal 100%. Quarterly Characteristics Quarterly as of -1/-1/-1 Currency DistributionFundIndex @ERROR%0.0% Duration DistributionFundIndex@ERROR%@ERROR% Sector Distribution (Fixed)FundIndex0.0%0.0% 0.0%0.0% Country DistributionFundIndex@ERROR%0.0% Maturity DistributionFundIndex @ERROR%@ERROR% Credit QualityFundIndex@ERROR%0.0% Portfolio composition statistics are from the adviser’s internal system and may not match the fund’s regulatory documents.Credit Quality reflects the highest credit rating assigned to individual holdings of the fund among Moody’s, S&P or Fitch; ratings are subject to change. The fund’s shares are not rated by any rating agency and no credit rating for fund shares is implied. Bond credit ratings are measured on a scale that generally ranges from AAA (highest) to D (lowest). Cash & Equivalents reflects unsettled trades, fees and derivatives. Negative Cash & Equivalents reflect the market value of future trade commitments for the fund. ABS/RMBS: Asset-Backed Securities/Residential Mortgage-Backed Securities. Agency MBS: Agency Mortgage-Backed Securities. CMBS: Commercial Mortgage-Backed Securities. Due to rounding, Sector, Currency, Country, Duration, Maturity and Quality distribution totals may not equal 100%. Holdings Top Ten Holdings as of -1/-1/-1% Assets@ERROR% Top 10 holdings may not be representative of current or future holdings and will evolve over time. x < Page: / > Download PDF