The investment objective of Loomis Sayles Institutional Global Corporate Bond Fund is high total investment return through a combination of high current income and capital appreciation.
The Fund invests primarily in fixed income securities of corporate issuers rated investment grade worldwide. The Fund invests at least two thirds of its total assets in bonds and other related fixed income securities issued by corporate issuers rated investment grade on a worldwide-basis. Bonds and other related fixed income securities include fixed income securities issued by companies worldwide, as well as zero coupon securities, commercial paper, Regulation S Securities, Rule 144A securities and convertible securities. Investment grade fixed income securities are securities rated at least BBB- (Standard & Poor’s Ratings Services), Baa3 (Moody’s Investors Services, Inc.), an equivalent rating by Fitch Ratings or if unrated, determined by the Investment Manager to be equivalent.