UAT Euro Investment Grade Credit Overview Composite Performance Overview The Euro Investment Grade Credit strategy seeks to generate consistent excess returns versus the benchmark utilizing a conservative alpha investment process which combines a top-down market view with bottom-up corporate fundamental analysis Primary BenchmarkiBoxx Euro Corporates Overall Total Return Index Portfolio Management Team Co-Heads Rik den Hartog Co-Head, Portfolio Manager, Investment Committee Member Read bio Pim van Mourik Broekman Co-Head, Portfolio Manager, Investment Committee Member Read bio Portfolio Managers Luuk Cummins Portfolio Manager, Investment Committee Member Read bio Quirijn Landman Portfolio Manager Read bio Sipke Moes Portfolio Manager Read bio Ronald Schep Portfolio Manager Read bio Marco Zanotto Portfolio Manager Read bio Benchmark The reference benchmark is: iBoxx Euro Corporate Overall Total Return Index Strategy Highlights Combines a top-down market view with bottom-up corporate fundamental analysis Actively managed strategy that invests primarily in investment grade, euro-denominated corporate bonds Strong beta-driven risk orientation Diversified strategy with uncorrelated positions Portfolio Construction Investment Grade Corporates 90-100% BB Corporates 0-10% Beta Ranges vs Benchmark Overall portfolio (-30% | +30%) Sector level (-5% | +5%) Issuer level (-3% | +3%) Duration Managed within a narrow range to the benchmark Strategy Facts as of 3/31/2025Strategy Inception1/29/2021Strategy Assets$1.0 billionComposite Assets$524.9 millionNumber of Composite Accounts2Fact Sheet Portfolio ManagementRik den Hartog Pim van Mourik Broekman Luuk Cummins Quirijn Landman Sipke Moes Ronald Schep Marco Zanotto The Composite includes all discretionary accounts with market values at least €20 million managed by Loomis Sayles that seek to add value for clients primarily through seeking to generate consistent excess returns versus the benchmark utilizing a conservative alpha investment process. This process combines a top-down market view with bottom-up corporate fundamental analysis whereby ESG is fully integrated. This results in an actively managed, diversified strategy, with strong beta-driven risk orientation and uncorrelated positions. The Composite invests primarily in euro-denominated, investment grade corporate bonds. Accounts may allow up to 10% in BB-rated securities and up to 10% in non-EUR denominated securities, albeit hedged for currency and interest rate risk. Portfolio duration is managed within a narrow range to the benchmark. The Composite inception date is April 1, 2021. The Composite was created in June 2023. Performance Primary Benchmark: iBoxx Euro Corporates Overall Total Return Index Month-End Performance as of 3/31/2025CumulativeGrossNetIndex3 month0.25%0.18%0.08% Year-to-date0.25%0.18%0.08%Quarter-End Performance as of 3/31/2025CumulativeGrossNetIndex3 month0.25%0.18%0.08% Year-to-date0.25%0.18%0.08%Trailing Performance as of 3/31/2025Annualized Total ReturnGrossNetIndex1 year4.86%4.55%4.25% 3 years1.92%1.61%0.86% Since Inception 4/1/210.21%-0.09%-0.81% Performance data shown represents past performance and is no guarantee of, and not necessarily indicative of, future results. Current performance may be lower or higher than quoted. Returns are shown in EUR 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. Returns may increase or decrease as a result of currency fluctuations.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 Sector Distribution (Fixed) * 0.0% 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 Sector Distribution (Fixed) *FundIndex 0.0%0.0% 0.0%0.0% 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 Holdingsas 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