0001683863-20-004317.txt : 20200421 0001683863-20-004317.hdr.sgml : 20200421 20200421143732 ACCESSION NUMBER: 0001683863-20-004317 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 19 FILED AS OF DATE: 20200421 DATE AS OF CHANGE: 20200421 EFFECTIVENESS DATE: 20200421 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Natixis Funds Trust II CENTRAL INDEX KEY: 0000052136 IRS NUMBER: 041990692 STATE OF INCORPORATION: MA FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 002-11101 FILM NUMBER: 20804891 BUSINESS ADDRESS: STREET 1: 888 BOYLSTON STREET STREET 2: 8TH FLOOR CITY: BOSTON STATE: MA ZIP: 02199 BUSINESS PHONE: 800-283-1155 MAIL ADDRESS: STREET 1: 888 BOYLSTON STREET STREET 2: 8TH FLOOR CITY: BOSTON STATE: MA ZIP: 02199 FORMER COMPANY: FORMER CONFORMED NAME: IXIS Advisor Funds Trust II DATE OF NAME CHANGE: 20050502 FORMER COMPANY: FORMER CONFORMED NAME: CDC NVEST FUNDS TRUST II DATE OF NAME CHANGE: 20010503 FORMER COMPANY: FORMER CONFORMED NAME: NVEST FUNDS TRUST II DATE OF NAME CHANGE: 20000202 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Natixis Funds Trust II CENTRAL INDEX KEY: 0000052136 IRS NUMBER: 041990692 STATE OF INCORPORATION: MA FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-00242 FILM NUMBER: 20804892 BUSINESS ADDRESS: STREET 1: 888 BOYLSTON STREET STREET 2: 8TH FLOOR CITY: BOSTON STATE: MA ZIP: 02199 BUSINESS PHONE: 800-283-1155 MAIL ADDRESS: STREET 1: 888 BOYLSTON STREET STREET 2: 8TH FLOOR CITY: BOSTON STATE: MA ZIP: 02199 FORMER COMPANY: FORMER CONFORMED NAME: IXIS Advisor Funds Trust II DATE OF NAME CHANGE: 20050502 FORMER COMPANY: FORMER CONFORMED NAME: CDC NVEST FUNDS TRUST II DATE OF NAME CHANGE: 20010503 FORMER COMPANY: FORMER CONFORMED NAME: NVEST FUNDS TRUST II DATE OF NAME CHANGE: 20000202 0000052136 S000034097 Loomis Sayles Senior Floating Rate and Fixed Income Fund C000105118 Class A LSFAX C000105119 Class C LSFCX C000105120 Class Y LSFYX C000188118 Class N LSFNX C000188119 Class T LSFTX 0000052136 S000037523 Vaughan Nelson Select Fund C000115831 Class A VNSAX C000115832 Class C VNSCX C000115833 Class Y VNSYX C000188120 Class N VNSNX C000188121 Class T VNSTX 0000052136 S000053353 Loomis Sayles Global Growth Fund C000167848 Class A LSAGX C000167849 Class C LSCGX C000167850 Class Y LSGGX C000188122 Class N LSNGX C000188123 Class T LGGTX 485BPOS 1 f4130d1.htm NATIXIS FUNDS TRUST II

Registration Nos. 2-11101 811-00242

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM N-1A

 

 

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

[

]

Pre-Effective Amendment No. __

[

]

Post-Effective Amendment No. 229

[X]

and/or

 

 

REGISTRATION STATEMENT UNDER THE INVESTMENT

 

 

COMPANY ACT OF 1940

[

]

Amendment No. 157

[X]

(Check appropriate box or boxes.)

 

 

NATIXIS FUNDS TRUST II

(Exact Name of Registrant as Specified in Charter)

888 Boylston Street, Boston, Massachusetts

02199

(Address of principal executive offices)

(Zip Code)

Registrant's Telephone Number, including Area Code

(617) 449-2822

Russell Kane, Esq.

Natixis Distribution, L.P.

888 Boylston Street

Boston, Massachusetts 02199

(Name and Address of Agent for Service)

Copy to:

John M. Loder, Esq.

Ropes & Gray

800 Boylston Street

Boston, Massachusetts 02119

Approximate Date of Proposed Public Offering

It is proposed that this filing will become effective (check appropriate box):

[X]immediately upon filing pursuant to paragraph (b)

[

]

on (date) pursuant to paragraph (b)

[

]

60 days after filing pursuant to paragraph (a)(1)

[

]

on (date) pursuant to paragraph (a)(1)

[

]

75 days after filing pursuant to paragraph (a)(2)

[

]

on (date) pursuant to paragraph (a)(2) of Rule 485.

If appropriate, check the following box:

[ ] This post-effective amendment designates a new effective date for a previously filed post-effective amendment.

NATIXIS FUNDS TRUST II

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, the Registrant certifies that it meets all of the requirements for effectiveness of this Post-Effective Amendment to its Registration Statement under Rule 485(b) under the Securities Act of 1933, as amended, and has duly caused this Post-Effective Amendment to its Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City of Boston, and the Commonwealth of Massachusetts on the 21st day of April, 2020.

NATIXIS FUNDS TRUST II

By: /s/ David L Giunta

David L. Giunta

President and Chief Executive Officer

Pursuant to the requirements of the Securities Act of 1933, as amended, this amendment to the Registration Statement has been signed below by the following persons in the capacities and on the date indicated.

Signature

Title

Date

/s/ David L Giunta

 

 

David L. Giunta

President, Chief Executive Officer

April 21, 2020

 

and Trustee

 

/s/ Michael C. Kardok

 

 

Michael C. Kardok

Treasurer (Principal Financial

April 21, 2020

 

Officer and Principal Accounting

 

 

Officer)

 

Kevin P. Charleston*

 

 

Kevin P. Charleston

Trustee

April 21, 2020

Kenneth A. Drucker*

 

 

Kenneth A. Drucker

Trustee, Chairperson of the Board

April 21, 2020

Edmond J. English*

 

 

Edmond J. English

Trustee

April 21, 2020

Richard A. Goglia*

 

 

Richard A. Goglia

Trustee

April 21, 2020

Wendell J. Knox*

 

 

Wendell J. Knox

Trustee

April 21, 2020

Martin T. Meehan*

 

 

Martin T. Meehan

Trustee

April 21, 2020

Maureen B. Mitchell *

 

 

Maureen B. Mitchell

Trustee

April 21, 2020

James P. Palermo*

 

 

James P. Palermo

Trustee

April 21, 2020

Erik R. Sirri*

 

 

Erik R. Sirri

Trustee

April 21, 2020

Peter J. Smail*

 

 

Peter J. Smail

Trustee

April 21, 2020

Kirk A. Sykes*

 

 

Kirk A. Sykes

Trustee

April 21, 2020

Cynthia L. Walker*

 

 

Cynthia L. Walker

Trustee

April 21, 2020

 

 

*By: /s/ Russell Kane

 

 

Russell Kane

 

 

Attorney-In-Fact 1,2

 

 

April 21, 2020

1Powers of Attorney for Kevin P. Charleston, Kenneth A. Drucker, Edmond J. English, David L. Giunta, Richard A. Goglia, Wendell J. Knox, Martin T. Meehan, Maureen B. Mitchell, James P. Palermo, Erik R. Sirri, Peter J. Smail and Cynthia L. Walker dated December 5, 2018, effective December 10, 2018, designating John M. Loder, Russell Kane, Kirk Johnson and Michael Kardok as attorneys to sign for each Trustee is incorporated by reference to exhibit (p)(1) to PEA No. 222 to the Registration Statement filed on February 28, 2019.

2Power of Attorney for Kirk A. Sykes dated August 24, 2019, effective September 1, 2019, designating John M. Loder, Russell Kane, Kirk Johnson and Michael Kardok as attorneys to sign for Mr. Sykes is incorporated by reference to exhibit (p)(2) to PEA No. 148 filed on January 27, 2020.

Natixis Funds Trust II

Exhibit Index

Exhibits for Item 28 of Form N-1A

Exhibit

Exhibit Description

EX-101.INS

XBRL Instance Document

EX-101.SCH

XBRL Taxonomy Extension Schema Document

EX-101.CAL

XBRL Taxonomy Extension Calculation Linkbase

EX-101.DEF

XBRL Taxonomy Extension Definition Linkbase

EX-101.LAB

XBRL Taxonomy Extension Labels Linkbase

EX-101.PRE

XBRL Taxonomy Extension Presentation Linkbase

EX-101.INS 2 nftii-20200401.xml XBRL INSTANCE DOCUMENT 0000052136 2020-04-01 2020-04-01 0000052136 nftii-20200401:S000053353Member 2020-04-01 2020-04-01 0000052136 nftii-20200401:S000053353Member nftii-20200401:C000167848Member 2020-04-01 2020-04-01 0000052136 nftii-20200401:S000053353Member nftii-20200401:C000167849Member 2020-04-01 2020-04-01 0000052136 nftii-20200401:S000053353Member nftii-20200401:C000188122Member 2020-04-01 2020-04-01 0000052136 nftii-20200401:S000053353Member nftii-20200401:C000188123Member 2020-04-01 2020-04-01 0000052136 nftii-20200401:S000053353Member nftii-20200401:C000167850Member 2020-04-01 2020-04-01 0000052136 nftii-20200401:S000053353Member nftii-20200401:C000167850Member rr:AfterTaxesOnDistributionsMember 2020-04-01 2020-04-01 0000052136 nftii-20200401:S000053353Member nftii-20200401:C000167850Member rr:AfterTaxesOnDistributionsAndSalesMember 2020-04-01 2020-04-01 0000052136 nftii-20200401:S000053353Member nftii-20200401:benchnat12AAAAMember 2020-04-01 2020-04-01 0000052136 nftii-20200401:S000053353Member nftii-20200401:benchnat13AAAAMember 2020-04-01 2020-04-01 0000052136 nftii-20200401:S000034097Member 2020-04-01 2020-04-01 0000052136 nftii-20200401:S000034097Member nftii-20200401:C000105118Member 2020-04-01 2020-04-01 0000052136 nftii-20200401:S000034097Member nftii-20200401:C000105119Member 2020-04-01 2020-04-01 0000052136 nftii-20200401:S000034097Member nftii-20200401:C000188118Member 2020-04-01 2020-04-01 0000052136 nftii-20200401:S000034097Member nftii-20200401:C000188119Member 2020-04-01 2020-04-01 0000052136 nftii-20200401:S000034097Member nftii-20200401:C000105120Member 2020-04-01 2020-04-01 0000052136 nftii-20200401:S000034097Member nftii-20200401:C000105120Member rr:AfterTaxesOnDistributionsMember 2020-04-01 2020-04-01 0000052136 nftii-20200401:S000034097Member nftii-20200401:C000105120Member rr:AfterTaxesOnDistributionsAndSalesMember 2020-04-01 2020-04-01 0000052136 nftii-20200401:S000034097Member nftii-20200401:benchnat22AAAAMember 2020-04-01 2020-04-01 0000052136 nftii-20200401:S000034097Member nftii-20200401:benchnat21AAAAMember 2020-04-01 2020-04-01 0000052136 nftii-20200401:S000037523Member 2020-04-01 2020-04-01 0000052136 nftii-20200401:S000037523Member nftii-20200401:C000115831Member 2020-04-01 2020-04-01 0000052136 nftii-20200401:S000037523Member nftii-20200401:C000115832Member 2020-04-01 2020-04-01 0000052136 nftii-20200401:S000037523Member nftii-20200401:C000188120Member 2020-04-01 2020-04-01 0000052136 nftii-20200401:S000037523Member nftii-20200401:C000188121Member 2020-04-01 2020-04-01 0000052136 nftii-20200401:S000037523Member nftii-20200401:C000115833Member 2020-04-01 2020-04-01 0000052136 nftii-20200401:S000037523Member nftii-20200401:C000115833Member rr:AfterTaxesOnDistributionsMember 2020-04-01 2020-04-01 0000052136 nftii-20200401:S000037523Member nftii-20200401:C000115833Member rr:AfterTaxesOnDistributionsAndSalesMember 2020-04-01 2020-04-01 0000052136 nftii-20200401:S000037523Member nftii-20200401:benchnat20AAAAMember 2020-04-01 2020-04-01 0000052136 nftii-20200401:S000037523Member nftii-20200401:bench2014012806AAAAMember 2020-04-01 2020-04-01 xbrli:pure iso4217:USD xbrli:shares iso4217:USD xbrli:shares 485BPOS 2019-11-30 Natixis Funds Trust II 0000052136 false 2020-04-01 2020-03-30 2020-04-01 Investment Goal <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The Fund's investment goal is long-term growth of capital.</div> Fund Fees & Expenses <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The following table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in this table. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Natixis Funds Complex. More information about these and other discounts is available from your financial professional and in the section "How Sales Charges Are Calculated" on page 31 of the Prospectus, in Appendix A to the Prospectus and on page 104 in the section "Reduced Sales Charges" of the Statement of Additional Information ("SAI").</div> Shareholder Fees (fees paid directly from your investment) Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) Example <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods (except where indicated). The example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same, except that the example is based on the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement assuming that such waiver and/or reimbursement will only be in place through the dates noted above and on the Total Annual Fund Operating Expenses for the remaining periods. The example does not take into account brokerage commissions and other fees to financial intermediaries that you may pay on your purchases and sales of shares of the Fund. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</div> If shares are redeemed: If shares are not redeemed: Portfolio Turnover <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes for you if your Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During its most recently ended fiscal year, the Fund's portfolio turnover rate was 37% of the average value of its portfolio.</div> Investments, Risks and Performance Principal Investment Strategies <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">Under normal market conditions, the Fund will invest primarily in equity securities, including common stocks and depositary receipts. The Fund will invest in securities that provide exposure to no fewer than three countries, which will include the U.S. In addition, the Fund will invest at least 40% of its assets in securities of companies that maintain their principal place of business or conduct their principal business activities outside the U.S., companies that have their securities traded on non-U.S. exchanges or companies that have been formed under the laws of non-U.S. countries. Notwithstanding the foregoing, the Adviser does not consider a security to be foreign if it is included in the U.S. equity indices published by S&P Global Ratings or Russell Investments or if the security's country of risk defined by Bloomberg is the United States. The Fund may also invest up to 30% of its assets in emerging markets securities. The Fund considers a security to be an emerging markets security if its country of risk as defined by Bloomberg is included within the MSCI Emerging & Frontier Markets Index. The Fund focuses on stocks of large capitalization companies, but the Fund may invest in companies of any size.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The Fund normally invests across a wide range of sectors and industries. The Fund's portfolio manager employs a growth style of equity management, which means that the Fund seeks to invest in companies with sustainable competitive advantages, long-term structural growth drivers, attractive cash flow returns on invested capital, and management teams focused on creating long-term value for shareholders. The Fund's portfolio manager also aims to invest in companies when they trade at a significant discount to the estimate of intrinsic value.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The Fund will consider selling a portfolio investment when the portfolio manager believes an unfavorable structural change occurs within a given business or the markets in which it operates, when a critical underlying investment assumption is flawed, when a more attractive reward-to-risk opportunity becomes available, when the current price fully reflects intrinsic value, or for other investment reasons which the portfolio manager deems appropriate.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The Fund may also engage in foreign currency transactions (including foreign currency forwards and foreign currency futures) for hedging purposes, invest in options for hedging and investment purposes and invest in securities issued pursuant to Rule 144A under the Securities Act of 1933 ("Rule 144A securities"). Under normal market conditions, the Adviser does not intend to hedge currency risk, which may cause the Fund to incur losses that would not have been incurred had the risk been hedged. Except as provided above, the Fund is not limited in the percentage of its assets that it may invest in these instruments.</div> Principal Investment Risks <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The principal risks of investing in the Fund are summarized below. The Fund does not represent a complete investment program. You may lose money by investing in the Fund. </div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The significance of any specific risk to an investment in the Fund will vary over time, depending on the composition of the Fund's portfolio, market conditions, and other factors. You should read all of the risk information presented below carefully, because any one or more of these risks may result in losses to the Fund.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Equity Securities Risk:</b> The value of the Fund's investments in equity securities could be subject to unpredictable declines in the value of individual securities and periods of below-average performance in individual securities or in the equity market as a whole. Growth stocks are generally more sensitive to market movements than other types of stocks primarily because their stock prices are based heavily on future expectations. If the Adviser's assessment of the prospects for a company's growth is wrong, or if the Adviser's judgment of how other investors will value the company's growth is wrong, then the price of the company's stock may fall or not approach the value that the Adviser has placed on it. Value stocks also present the risk that their lower valuations fairly reflect their business prospects and that investors will not agree that the stocks represent favorable investment opportunities, and they may fall out of favor with investors and underperform growth stocks during any given period. In the event an issuer is liquidated or declares bankruptcy, the claims of owners of the issuer's bonds generally take precedence over the claims of those who own preferred stock or common stock. </div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Market/Issuer Risk:</b> The market value of the Fund's investments will move up and down, sometimes rapidly and unpredictably, based upon overall market and economic conditions, as well as a number of reasons that directly relate to the issuers of the Fund's investments, such as management performance, financial condition and demand for the issuers' goods and services. </div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Management Risk:</b> A strategy used by the Fund's portfolio manager may fail to produce the intended result. </div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Liquidity Risk:</b> Liquidity risk is the risk that the Fund may be unable to find a buyer for its investments when it seeks to sell them or to receive the price it expects. Decreases in the number of financial institutions willing to make markets in the Fund's investments or in their capacity or willingness to transact may increase the Fund's exposure to this risk. Events that may lead to increased redemptions, such as market disruptions or increases in interest rates, may also negatively impact the liquidity of the Fund's investments when it needs to dispose of them. If the Fund is forced to sell its investments at an unfavorable time and/or under adverse conditions in order to meet redemption requests, such sales could negatively affect the Fund. Securities acquired in a private placement, such as Rule 144A securities, are generally subject to significant liquidity risk because they are subject to strict restrictions on resale and there may be no liquid secondary market or ready purchaser for such securities. Derivatives, and particularly over-the-counter ("OTC'") derivatives, are generally subject to liquidity risk as well. Liquidity issues may also make it difficult to value the Fund's investments.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Foreign Securities Risk:</b> Investments in foreign securities may be subject to greater political, economic, environmental, credit/counterparty and information risks. The Fund's investments in foreign securities also are subject to foreign currency fluctuations and other foreign currency-related risks. Foreign securities may be subject to higher volatility than U.S. securities, varying degrees of regulation and limited liquidity.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Credit/Counterparty Risk:</b> Credit/counterparty risk is the risk that the counterparty to a derivative or other transaction, will be unable or unwilling to make timely payments of interest or principal or to otherwise honor its obligations. The Fund will be subject to credit risk with respect to the counterparties of its derivatives transactions. Many of the protections afforded to participants on organized exchanges, such as the performance guarantee given by a central clearing house, are not available in connection with over-the-counter ("OTC") derivatives transactions, such as foreign currency transactions. As a result, in instances when the Fund enters into OTC derivatives transactions, the Fund will be subject to the risk that its counterparties will not perform their obligations under the transactions and that the Fund will sustain losses or be unable to realize gains.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Currency Risk:</b> Fluctuations in the exchange rates between different currencies may negatively affect an investment. The Fund may be subject to currency risk because it invests in foreign currency forwards and foreign currency futures and invests in securities or other instruments denominated in, or that generate income denominated in, foreign currencies. Under normal market conditions, the Fund does not intend to hedge currency risk, which may cause the Fund to incur losses that would not have been incurred had the risk been hedged.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Cybersecurity and Technology Risk:</b> The Fund, its service providers, and other market participants increasingly depend on complex information technology and communications systems, which are subject to a number of different threats and risks that could adversely affect the Fund and its shareholders. Cybersecurity and other operational and technology issues may result in financial losses to the Fund and its shareholders.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Derivatives Risk:</b> Derivative instruments (such as those in which the Fund may invest, including foreign currency forwards, foreign currency futures and options) are subject to changes in the value of the underlying assets or indices on which such instruments are based. There is no guarantee that the use of derivatives will be effective or that suitable transactions will be available. Even a small investment in derivatives may give rise to leverage risk and can have a significant impact on the Fund's exposure to securities markets values, interest rates or currency exchange rates. It is possible that the Fund's liquid assets may be insufficient to support its obligations under its derivatives positions. The use of derivatives for other than hedging purposes may be considered a speculative activity, and involves greater risks than are involved in hedging. The use of derivatives may cause the Fund to incur losses greater than those that would have occurred had derivatives not been used. The Fund's use of derivatives involves other risks, such as the credit risk relating to the other party to a derivative contract (which is greater for forward currency contracts, swaps and other OTC derivatives), the risk of difficulties in pricing and valuation, the risk that changes in the value of a derivative may not correlate as expected with changes in the value of relevant assets, rates or indices; liquidity risk; allocation risk and the risk of losing more than the initial margin (if any) required to initiate derivatives positions. There is also the risk that the Fund may be unable to terminate or sell a derivative position at an advantageous time or price. The Fund's derivative counterparties may experience financial difficulties or otherwise be unwilling or unable to honor their obligations, possibly resulting in losses to the Fund. </div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Emerging Markets Risk:</b> In addition to the risks of investing in foreign investments generally, emerging markets investments are subject to greater risks arising from political or economic instability, nationalization or confiscatory taxation, currency exchange restrictions, sanctions by the U.S. government and an issuer's unwillingness or inability to make principal or interest payments on its obligations. Emerging markets companies may be smaller and have shorter operating histories than companies in developed markets.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Large Investor Risk:</b> Ownership of shares of the Fund may be concentrated in one or a few large investors. Such investors may redeem shares in large quantities or on a frequent basis. Redemptions by a large investor can affect the performance of the Fund, may increase realized capital gains, including short-term capital gains taxable as ordinary income, may accelerate the realization of taxable income to shareholders and may increase transaction costs. These transactions potentially limit the use of any capital loss carryforwards and certain other losses to offset future realized capital gains (if any). Such transactions may also increase the Fund's expenses.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Leverage Risk:</b> Use of derivative instruments may involve leverage. Leverage is the risk associated with securities or practices that multiply small index, market or asset-price movements into larger changes in value. The use of leverage increases the impact of gains and losses on the Fund's returns, and may lead to significant losses if investments are not successful.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Small- and Mid-Capitalization Companies Risk:</b> Compared to large-capitalization companies, small- and mid-capitalization companies are more likely to have limited product lines, markets or financial resources. Stocks of these companies often trade less frequently and in limited volume and their prices may fluctuate more than stocks of large-capitalization companies. As a result, it may be relatively more difficult for the Fund to buy and sell securities of small- and mid-capitalization companies.</div> Risk/Return Bar Chart and Table <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The bar chart and table shown below provide some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year to year and by showing how the Fund's average annual returns for the one-year, life-of-class and life-of-fund periods (as applicable) compare to those of a broad measure of market performance. The Fund's past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Updated performance information is available online at im.natixis.com and/or by calling the Fund toll-free at 800-225-5478.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The chart does not reflect any sales charge that you may be required to pay when you buy or redeem the Fund's shares. A sales charge will reduce your return.</div> Total Returns for Class Y Shares <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> Highest Quarterly Return: First Quarter 2019, 17.84% </div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> Lowest Quarterly Return: Fourth Quarter 2018, -12.53% </div> Average Annual Total Returns (for the periods ended December 31, 2019) <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The Fund did not have Class T shares outstanding during the periods shown above. The returns of Class T shares would have been substantially similar to the returns of the Fund's other share classes because they would have been invested in the same portfolio of securities and would only differ to the extent the other share classes did not have the same expenses. Performance of Class T shares shown above is that of Class A shares, which have the same expenses as Class T shares, restated to reflect the different sales load applicable to Class T shares.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their shares through tax-advantaged arrangements, such as 401(k) plans, qualified plans, education savings accounts, such as 529 plans, or individual retirement accounts. The after-tax returns are shown for only one class of the Fund. After-tax returns for the other classes of the Fund will vary. Index performance reflects no deduction for fees, expenses or taxes.</div> <div style="display:none">~http://nftii-20200401/role/ShareholderFeesDataAAAA column period compact * column rr_ProspectusShareClassAxis compact * row primary compact * row dei_LegalEntityAxis compact nftii-20200401_S000053353Member ~</div> 0.0575 0 0 0 0.01 0 0 0 0 0.025 0 0 0 0 0 <div style="display:none">~ http://nftii-20200401/role/OperatingExpensesDataAAAA column period compact * column rr_ProspectusShareClassAxis compact * row primary compact * row dei_LegalEntityAxis compact nftii-20200401_S000053353Member ~</div> 0.008 0.0025 0.0044 0.0149 -0.0024 0.0125 0.008 0.01 0.0043 0.0223 -0.0023 0.02 0.008 0 0.0042 0.0122 -0.0027 0.0095 0.008 0.0025 0.0044 0.0149 -0.0024 0.0125 0.008 0 0.0043 0.0123 -0.0023 0.01 <div style="display:none">~ http://nftii-20200401/role/ExpenseExampleAAAA column period compact * column rr_ProspectusShareClassAxis compact * row primary compact * row dei_LegalEntityAxis compact nftii-20200401_S000053353Member ~</div> 695 303 97 374 102 997 675 360 686 368 1320 1174 644 1021 654 2233 2547 1453 1965 1468 <div style="display:none">~ http://nftii-20200401/role/ExpenseExampleNoRedemptionAAAA column period compact * column rr_ProspectusShareClassAxis compact * row primary compact * row dei_LegalEntityAxis compact nftii-20200401_S000053353Member ~</div> 203 675 1174 2547 <div style="display:none">~ http://nftii-20200401/role/BarChartDataAAAA column period compact * column rr_ProspectusShareClassAxis compact * row primary compact * row dei_LegalEntityAxis compact nftii-20200401_S000053353Member ~</div> 0.32 -0.0671 0.3058 <div style="display:none">~ http://nftii-20200401/role/PerformanceTableDataAAAA column period compact * column rr_ProspectusShareClassAxis compact * row primary compact * row dei_LegalEntityAxis compact nftii-20200401_S000053353Member ~</div> 0.3058 0.2889 0.193 0.2269 0.2824 0.3058 0.2697 0.266 0.1528 0.1089 0.1529 0.1405 0.1191 0.1319 0.1411 0.1421 0.1197 Investment Goal <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The Fund seeks to provide a high level of current income.</div> Fund Fees & Expenses <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The following table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in this table. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $100,000 in the Natixis Funds Complex. More information about these and other discounts is available from your financial professional and in the section "How Sales Charges Are Calculated" on page 31 of the Prospectus, in Appendix A to the Prospectus and on page 104 in the section "Reduced Sales Charges" of the Statement of Additional Information ("SAI").</div> Shareholder Fees (fees paid directly from your investment) Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) Example <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods (except where indicated). The example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same, except that the example is based on the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement assuming that such waiver and/or reimbursement will only be in place through the dates noted above and on the Total Annual Fund Operating Expenses for the remaining periods. This example does not take into account brokerage commissions and other fees to financial intermediaries that you may pay on your purchases and sales of shares of the Fund. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</div> If shares are redeemed: If shares are not redeemed: Portfolio Turnover <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes for you if your Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During its most recently ended fiscal year, the Fund's portfolio turnover rate was 52% of the average value of its portfolio.</div> Investments, Risks and Performance Principal Investment Strategies <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings made for investment purposes) in a combination of adjustable floating rate loans and other floating rate debt instruments issued by U.S. and non-U.S. corporations or other business entities and fixed-income securities, including derivatives that reference the returns of these instruments.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">Under normal market conditions, the Fund will invest at least 65% of its net assets (plus any borrowings made for investment purposes) in floating rate loans that either hold a senior position in the capital structure of the borrower, hold an equal ranking with other senior debt, or have characteristics (such as a senior position secured by liens with other senior debt) that the Adviser believes justify treatment as senior debt ("Senior Loans"). The Fund may invest in Senior Loans directly as an original lender or by assignment from a lender, or it may invest indirectly through participation agreements, interests in collateralized loan obligations ("CLOs") and derivatives that reference such instruments. Derivatives that reference the returns of Senior Loans may pay returns at fixed rather than variable rates. The Fund's investments may also include, but are not limited to, subordinated loans, below investment grade corporate bonds and investment grade fixed-income debt securities. The fixed-income securities in which the Fund may invest include preferred stocks. The Fund may invest in pay-in-kind ("PIK") securities and zero-coupon securities. The Fund may receive debt, equity or other securities or instruments as a result of the general restructuring of the debt of an issuer, the restructuring of a floating rate loan or as part of a package of securities acquired with a loan.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The Fund may invest any portion of its assets in securities of Canadian issuers and up to 20% of its net assets (plus any borrowings made for investment purposes) in other foreign securities, including up to 10% of its net assets (plus any borrowings made for investment purposes) in emerging market securities. Although certain securities purchased by the Fund may be issued by domestic companies incorporated outside of the United States, the Adviser does not consider these securities to be foreign if the issuer is included in the U.S. fixed-income indices published by Bloomberg Barclays.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">Floating rate loans are debt obligations that have interest rates that adjust or "float" periodically (normally on a monthly or quarterly basis) based on a generally recognized base rate, such as the London Inter-Bank Offered Rate ("LIBOR") or the prime rate offered by one or more major U.S. banks. Floating rate loans are generally unrated or rated less than investment grade and may be subject to restrictions on resale. The Fund may invest without limit in securities of any rating, including those that are in default. The Fund has no requirements as to the range of maturities of the debt instruments in which it can invest or as to the market capitalization of the issuers of those instruments.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The Fund can borrow up to one-third of the Fund's assets (including the amount borrowed) and use other techniques to purchase investments, to manage its cash flow or to redeem shares, a technique referred to as "leverage." The Fund may also use derivative instruments, including, but not limited to, futures contracts, forward contracts, swaps (including, among others, credit default swaps, credit default swap indices, loan-only credit default swaps and loan-only credit default swap indices) and structured notes to try to increase the Fund's leverage, to enhance income, to hedge against fluctuations in interest rates or currency exchange rates, and/or as a substitute for the purchase or sale of securities.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The Fund may also invest in securities issued pursuant to Rule 144A under the Securities Act of 1933 ("Rule 144A securities"), convertible securities, exchange-traded funds ("ETFs"), and mortgage-related securities, including adjustable rate mortgage securities and collateralized mortgage obligations, asset-backed securities, and U.S. government securities (including its agencies, instrumentalities and sponsored entities). The Fund may also engage in currency-related transactions. Except as provided above, the Fund is not limited in the percentage of its assets that it may invest in these instruments.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">When deciding which securities to buy and sell, the Adviser will consider credit quality and whether credit quality is improving or declining, as well as return potential, in the context of market and economic risks. In addition to security selection, the Adviser expects to use cycle evaluation in conjunction with sector rotation in an effort to enhance or offset cyclical influences.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The Fund is "non-diversified." As a non-diversified fund, the Fund may invest a greater percentage of its assets in a particular issuer and may invest in fewer issuers, as compared with other mutual funds that are diversified.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The Fund expects to engage in active and frequent trading of securities and other instruments. Effects of frequent trading may include high transaction costs, which may lower the Fund's return, and realization of short-term capital gains, distributions of which are taxable to shareholders who are individuals as ordinary income. Trading costs and tax effects associated with frequent trading may adversely affect the Fund's performance.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">With the exception of the 80% test described above, the percentage limitations set forth herein are not investment restrictions and the Fund may exceed these limits from time to time. In addition, when calculating these exposures, the Fund may use the notional value or an adjusted notional value of a derivative to reflect what the Adviser believes to be the most accurate assessment of the Fund's real economic exposure.</div> Principal Investment Risks <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The principal risks of investing in the Fund are summarized below. The Fund does not represent a complete investment program. You may lose money by investing in the Fund. </div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The significance of any specific risk to an investment in the Fund will vary over time, depending on the composition of the Fund's portfolio, market conditions, and other factors. You should read all of the risk information presented below carefully, because any one or more of these risks may result in losses to the Fund.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Senior Loans Risk:</b> The risks associated with Senior Loans are similar to the risks of investing in below investment-grade securities. The Senior Loans in which the Fund invests will generally not be rated investment grade by the rating agencies. Economic downturns generally lead to higher non-payment rates and a Senior Loan could lose a substantial part of its value prior to default. Senior Loans are subject to credit risk, and secured Senior Loans may not be adequately collateralized. The interest rates of Senior Loans reset frequently, and thus Senior Loans are subject to interest rate risk. Senior Loans are generally less liquid than many other debt securities and there may also be less public information available about Senior Loans as compared to other debt securities. Senior Loans may be difficult to value and may be subject to restrictions on resale, irregular trading activity, wide bid/ask spreads and extended trade settlement periods. Transactions in Senior Loans may take significantly longer than seven days to settle and, as a result, proceeds related to the sale of Senior Loans may not be readily available to make additional investments or to meet the Fund's redemption obligations. In order to satisfy redemption requests pending settlement of Senior Loans, the Fund may take a variety of measures, including, without limitation drawing on its cash and other short term positions and borrowing from banks (including under the Fund's line of credit), all of which may adversely affect the Fund's performance. With limited exceptions, the Adviser will take steps intended to ensure that it does not receive material non-public information about the issuers of Senior Loans who also issue publicly traded securities, and therefore the Adviser may have less information than other investors about certain of the Senior Loans in which it seeks to invest. Investing in Senior Loan participations exposes the Fund to the credit of the counterparty issuing the participation in addition to the credit of the ultimate borrower.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Liquidity Risk:</b> Liquidity risk is the risk that the Fund may be unable to find a buyer for its investments when it seeks to sell them or to receive the price it expects. Decreases in the number of financial institutions willing to make markets in the Fund's investments or in their capacity or willingness to transact may increase the Fund's exposure to this risk. Events that may lead to increased redemptions, such as market disruptions or increases in interest rates, may also negatively impact the liquidity of the Fund's investments when it needs to dispose of them. If the Fund is forced to sell its investments at an unfavorable time and/or under adverse conditions in order to meet redemption requests, such sales could negatively affect the Fund. Securities acquired in a private placement, such as Rule 144A securities, are generally subject to significant liquidity risk because they are subject to strict restrictions on resale and there may be no liquid secondary market or ready purchaser for such securities. Derivatives, and particularly over-the-counter ("OTC'") derivatives, are generally subject to liquidity risk as well. Liquidity issues may also make it difficult to value the Fund's investments.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Below Investment Grade Fixed-Income Securities Risk:</b> The Fund's investments in below investment grade fixed-income securities, also known as "junk bonds," may be subject to greater risks than other fixed-income securities, including being subject to greater levels of interest rate risk, credit/counterparty risk (including a greater risk of default) and liquidity risk. The ability of the issuer to make principal and interest payments is predominantly speculative for below investment grade fixed-income securities.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Credit/Counterparty Risk:</b> Credit/counterparty risk is the risk that the issuer or guarantor of a fixed-income security, or the counterparty to a derivative or other transaction, will be unable or unwilling to make timely payments of interest or principal or to otherwise honor its obligations. In the event of bankruptcy of a borrower, the Fund could experience delays or limitations with respect to its ability to realize the benefits of the collateral securing a Senior Loan. Senior Loans and other floating rate securities that are rated below investment-grade are considered predominantly speculative with respect to the ability of the issuer to make timely principal and interest payments. The value of loans made to such borrowers is likely to be more sensitive to adverse news about the borrower, markets or economy. The Fund will be subject to credit risk with respect to the counterparties of its derivatives transactions. Many of the protections afforded to participants on organized exchanges, such as the performance guarantee given by a central clearing house, are not available in connection with OTC derivatives trasactions, such as foreign currency transactions. As a result, in instances when the Fund enters into OTC derivatives transactions, the Fund will be subject to the risk that its counterparties will not perform their obligations under the transactions and that the Fund will sustain losses or be unable to realize gains. </div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Cybersecurity and Technology Risk:</b> The Fund, its service providers, and other market participants increasingly depend on complex information technology and communications systems, which are subject to a number of different threats and risks that could adversely affect the Fund and its shareholders. Cybersecurity and other operational and technology issues may result in financial losses to the Fund and its shareholders.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Management Risk:</b> A strategy used by the Fund's portfolio managers may fail to produce the intended result. </div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Borrowing and Leverage Risk:</b> Borrowing and other investment techniques that utilize leverage, including use of derivatives, will increase the Fund's exposure to fluctuations in the prices of its assets and, therefore, the volatility of its share price. This magnifies the potential for gain and the risk of loss. Leverage may also cause the Fund to liquidate positions at unfavorable times or prices. The costs of leverage, such as interest on borrowed funds, will increase the Fund's expenses.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Derivatives Risk:</b> Derivative instruments (such as those in which the Fund may invest, including futures contracts, forward contracts, swaps and structured notes) are subject to changes in the value of the underlying assets or indices on which such instruments are based. There is no guarantee that the use of derivatives will be effective or that suitable transactions will be available. Even a small investment in derivatives may give rise to leverage risk and can have a significant impact on the Fund's exposure to securities markets values, interest rates or currency exchange rates. It is possible that the Fund's liquid assets may be insufficient to support its obligations under its derivatives positions. The use of derivatives for other than hedging purposes may be considered a speculative activity, and involves greater risks than are involved in hedging. The use of derivatives may cause the Fund to incur losses greater than those that would have occurred had derivatives not been used. The Fund's use of derivatives involves other risks, such as the credit risk relating to the other party to a derivative contract (which is greater for forward currency contracts, swaps and other OTC derivatives), the risk of difficulties in pricing and valuation, the risk that changes in the value of a derivative may not correlate as expected with changes in the value of relevant assets, rates or indices; liquidity risk; allocation risk and the risk of losing more than the initial margin (if any) required to initiate derivatives positions. There is also the risk that the Fund may be unable to terminate or sell a derivative position at an advantageous time or price. The Fund's derivative counterparties may experience financial difficulties or otherwise be unwilling or unable to honor their obligations, possibly resulting in losses to the Fund. </div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Emerging Markets Risk:</b> In addition to the risks of investing in foreign investments generally, emerging markets investments are subject to greater risks arising from political or economic instability, nationalization or confiscatory taxation, currency exchange restrictions, sanctions by the U.S. government and an issuer's unwillingness or inability to make principal or interest payments on its obligations. Emerging markets companies may be smaller and have shorter operating histories than companies in developed markets.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Foreign Securities Risk:</b> Investments in foreign securities may be subject to greater political, economic, environmental, credit/counterparty and information risks. The Fund's investments in foreign securities also are subject to foreign currency fluctuations and other foreign currency-related risks. Foreign securities may be subject to higher volatility than U.S. securities, varying degrees of regulation and limited liquidity.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Interest Rate Risk:</b> Interest rate risk is the risk that the value of the Fund's investments will fall if interest rates rise. Generally, the value of fixed-income securities rises when prevailing interest rates fall and falls when interest rates rise. Interest rate risk generally is greater for funds that invest in fixed-income securities with relatively longer durations than for funds that invest in fixed-income securities with shorter durations. Senior Loans typically have adjustable interest rates. As a result, it is expected that the values of Senior Loans held by the Fund will fluctuate less in response to interest rate changes than will fixed-rate debt securities; however, the interest rates paid by these loans will generally decrease if interest rates fall. Senior Loans and other fixed-income securities are subject to the risk that borrowers pay off the debts sooner than expected, possibly requiring the Fund to re-invest in lower-yielding securities. The value of zero-coupon and pay-in-kind bonds may be more sensitive to fluctuations in interest rates than other fixed-income securities. In addition, an economic downturn or period of rising interest rates could adversely affect the market for these securities and reduce the Fund's ability to sell them, negatively impacting the performance of the Fund. Potential future changes in government monetary policy may affect the level of interest rates. </div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Investments in Other Investment Companies Risk:</b> The Fund will indirectly bear the management, service and other fees of any other investment companies, including ETFs, in which it invests in addition to its own expenses.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>LIBOR Risk:</b> LIBOR risk is the risk that the transition away from the London Interbank Offered Rate ("LIBOR") may lead to increased volatility and illiquidity in markets that are tied to LIBOR. LIBOR is a benchmark interest rate that is used extensively as a "reference rate" for financial instruments, including many corporate and municipal bonds, senior loans, asset-backed and mortgage-related securities, interest rate swaps and other derivatives. Additionally, the Fund may borrow money at rates that are based on LIBOR. In July 2017, the head of the United Kingdom Financial Conduct Authority, the agency that oversees LIBOR, announced that after 2021 it will cease its active encouragement of banks to provide the quotations needed to sustain LIBOR. That announcement suggests that LIBOR may cease to be published after that time. The transition away from LIBOR poses a number of other risks, including changed values of LIBOR-related investments and reduced effectiveness of hedging strategies, each of which may adversely affect the Fund's performance.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Market/Issuer Risk:</b> The market value of the Fund's investments will move up and down, sometimes rapidly and unpredictably, based upon overall market and economic conditions, as well as a number of reasons that directly relate to the issuers of the Fund's investments, such as management performance, financial condition and demand for the issuers' goods and services. </div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Mortgage-Related and Asset-Backed Securities Risk:</b> In addition to the risks associated with investments in fixed-income securities generally (for example, credit, liquidity and valuation risk), mortgage-related and asset-backed securities are subject to the risks of the mortgages and assets underlying the securities as well as prepayment risk, the risk that the securities may be prepaid and result in the reinvestment of the prepaid amounts in securities with lower yields than the prepaid obligations. Conversely, there is a risk that a rise in interest rates will extend the life of a mortgage-related or asset-backed security beyond the expected prepayment time, typically reducing the security's value, which is called extension risk. The Fund also may incur a loss when there is a prepayment of securities that were purchased at a premium. The Fund's investments in other asset-backed securities are subject to risks similar to those associated with mortgage-related securities, as well as additional risks associated with the nature of the assets and the servicing of those assets.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Non-Diversification Risk:</b> Compared with other mutual funds, the Fund may invest a greater percentage of its assets in a particular issuer and may invest in fewer issuers. Therefore, the Fund may have more risk because changes in the value of a single security or the impact of a single economic, political or regulatory occurrence may have a greater adverse impact on the Fund's net asset value.</div> Risk/Return Bar Chart and Table <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The bar chart and table shown below provide some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year-to-year and by showing how the Fund's average annual returns for the one-year, five-year, life-of-class and life-of-fund periods (as applicable) compare to those of a broad measure of market performance. The Fund's past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Updated performance information is available online at im.natixis.com and/or by calling the Fund toll-free at 800-225-5478.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The chart does not reflect any sales charge that you may be required to pay when you buy or redeem the Fund's shares. A sales charge will reduce your return.</div> Total Returns for Class Y Shares <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> Highest Quarterly Return: First Quarter 2012, 5.09% </div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> Lowest Quarterly Return: Fourth Quarter 2018, -3.02% </div> Average Annual Total Returns (for the periods ended December 31, 2019) <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The Fund did not have Class T shares outstanding during the periods shown above. The returns of Class T shares would have been substantially similar to the returns of the Fund's other share classes because they would have been invested in the same portfolio of securities and would only differ to the extent the other share classes did not have the same expenses. Performance of Class T shares shown above is that of Class A shares, which have the same expenses as Class T shares, restated to reflect the different sales load applicable to Class T shares.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their shares through tax-advantaged arrangements, such as 401(k) plans, qualified plans, education savings accounts, such as 529 plans, or individual retirement accounts. The after-tax returns are shown for only one class of the Fund. After-tax returns for the other classes of the Fund will vary. Index performance reflects no deduction for fees, expenses or taxes.</div> <div style="display:none">~http://nftii-20200401/role/ShareholderFeesDataAAAA column period compact * column rr_ProspectusShareClassAxis compact * row primary compact * row dei_LegalEntityAxis compact nftii-20200401_S000034097Member ~</div> 0.035 0 0 0 0.01 0 0 0 0 0.025 0 0 0 0 0 <div style="display:none">~ http://nftii-20200401/role/OperatingExpensesDataAAAA column period compact * column rr_ProspectusShareClassAxis compact * row primary compact * row dei_LegalEntityAxis compact nftii-20200401_S000034097Member ~</div> 0.006 0.0025 0.0024 0.0109 -0.0003 0.0106 0.006 0.01 0.0024 0.0184 -0.0003 0.0181 0.006 0 0.0051 0.0111 -0.0035 0.0076 0.006 0.0025 0.0024 0.0109 -0.0003 0.0106 0.006 0 0.0024 0.0084 -0.0003 0.0081 <div style="display:none">~ http://nftii-20200401/role/ExpenseExampleAAAA column period compact * column rr_ProspectusShareClassAxis compact * row primary compact * row dei_LegalEntityAxis compact nftii-20200401_S000034097Member ~</div> 454 284 78 355 83 682 576 318 585 265 927 993 578 833 463 1630 2156 1320 1543 1034 <div style="display:none">~ http://nftii-20200401/role/ExpenseExampleNoRedemptionAAAA column period compact * column rr_ProspectusShareClassAxis compact * row primary compact * row dei_LegalEntityAxis compact nftii-20200401_S000034097Member ~</div> 184 576 993 2156 <div style="display:none">~ http://nftii-20200401/role/BarChartDataAAAA column period compact * column rr_ProspectusShareClassAxis compact * row primary compact * row dei_LegalEntityAxis compact nftii-20200401_S000034097Member ~</div> 0.1204 0.0639 0.0241 -0.0114 0.1151 0.0506 0.0039 0.0541 <div style="display:none">~ http://nftii-20200401/role/PerformanceTableDataAAAA column period compact * column rr_ProspectusShareClassAxis compact * row primary compact * row dei_LegalEntityAxis compact nftii-20200401_S000034097Member ~</div> 0.0541 0.0272 0.0318 0.0147 0.0339 0.0547 0.0252 0.0861 0.0416 0.0157 0.0201 0.0316 0.0311 0.0337 0.0443 0.0348 0.0433 0.0552 0.0291 0.031 0.048 0.0447 0.0493 0.0499 Investment Goal <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The Fund seeks long-term capital appreciation.</div> Fund Fees & Expenses <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The following table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in this table. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Natixis Funds Complex. More information about these and other discounts is available from your financial professional and in the section "How Sales Charges Are Calculated" on page 31 of the Prospectus, in Appendix A to the Prospectus and on page 104 in the section "Reduced Sales Charges" of the Statement of Additional Information ("SAI").</div> Shareholder Fees (fees paid directly from your investment) Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) Example <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods (except where indicated). The example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same, except that the example is based on the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement assuming that such waiver and/or reimbursement will only be in place through the date noted above and on the Total Annual Fund Operating Expenses for the remaining periods. The example does not take into account brokerage commissions and other fees to financial intermediaries that you may pay on your purchases and sales of shares of the Fund. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</div> If shares are redeemed: If shares are not redeemed: Portfolio Turnover <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes for you if your Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During its most recently ended fiscal year, the Fund's portfolio turnover rate was 51% of the average value of its portfolio.</div> Investments, Risks and Performance Principal Investment Strategies <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The Fund, under normal market conditions, will invest primarily in equity securities, including common stocks, preferred stocks, limited partnership interests, interests in limited liability companies, real estate investment trusts ("REITs") or other trusts and similar securities. The Fund is non-diversified, which means that it may invest a greater percentage of its assets in a particular issuer and may invest in fewer issuers than a diversified fund. Typically, the Fund's portfolio will hold 20 to 40 securities. The Fund may invest in companies with any market capitalization, although, it will typically focus its investments in mid- to large-capitalization companies. When opportunities present themselves, the Fund may establish short positions in specific equity securities or indices. While the Fund typically invests in equity securities, it may also invest in debt securities, including below investment grade fixed-income securities (commonly known as "junk bonds"). A fixed-income security is considered below investment grade quality when none of the three major rating agencies (Moody's Investors Service, Inc., Fitch Investor Services, Inc. or S&P Global Ratings) have rated the securities in one of their top four ratings categories.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">Vaughan Nelson invests in companies of all market capitalizations with a focus on those companies meeting Vaughan Nelson's return expectations.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">Vaughan Nelson uses a bottom-up value oriented investment process in constructing the Fund's portfolio. Vaughan Nelson seeks companies with the following characteristics, although not all of the companies selected will have these attributes:</div> <ul><li> <div style="font-size:10pt;padding-top:2pt;padding-bottom:0;padding-left:0;">Companies earning a positive return on capital with stable-to-improving returns.</div> </li><li> <div style="font-size:10pt;padding-top:2pt;padding-bottom:0;padding-left:0;">Companies valued at discount to their asset value.</div> </li><li> <div style="font-size:10pt;padding-top:2pt;padding-bottom:0;padding-left:0;">Companies with an attractive and sustainable dividend level.</div> </li></ul> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">In selecting investments for the Fund, Vaughan Nelson generally employs the following strategies:</div> <ul><li> <div style="font-size:10pt;padding-top:2pt;padding-bottom:0;padding-left:0;">Vaughan Nelson employs a value-driven investment philosophy that selects securities selling at a relatively low value based on discounted cash flow models. Vaughan Nelson selects companies that it believes are out-of-favor or misunderstood.</div> </li><li> <div style="font-size:10pt;padding-top:2pt;padding-bottom:0;padding-left:0;">Vaughan Nelson starts with the entire U.S. exchange-traded equity investment universe. Vaughan Nelson then narrows the investment universe by using fundamental analysis to construct a portfolio of 20 to 40 securities.</div> </li><li> <div style="font-size:10pt;padding-top:2pt;padding-bottom:0;padding-left:0;">Vaughan Nelson uses fundamental analysis to construct a portfolio that, in the opinion of Vaughan Nelson, is made up of quality companies with the potential to provide significant increases in share price over a three year period.</div> </li><li> <div style="font-size:10pt;padding-top:2pt;padding-bottom:0;padding-left:0;">Vaughan Nelson will also employ its value driven investment philosophy to identify out-of-favor or misunderstood debt securities.</div> </li><li> <div style="font-size:10pt;padding-top:2pt;padding-bottom:0;padding-left:0;">Vaughan Nelson will generally sell a security when it reaches Vaughan Nelson's price target or when the issuer shows a change in financial condition, competitive pressures, poor management decisions or internal or external forces reducing future expected returns from the investment thesis.</div> </li></ul> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The Fund also may:</div> <ul><li> <div style="font-size:10pt;padding-top:2pt;padding-bottom:0;padding-left:0;">Invest in convertible preferred stock and convertible debt securities.</div> </li><li> <div style="font-size:10pt;padding-top:2pt;padding-bottom:0;padding-left:0;">Invest in publicly traded master limited partnerships.</div> </li><li> <div style="font-size:10pt;padding-top:2pt;padding-bottom:0;padding-left:0;">Invest in foreign securities, including emerging market securities, traded in U.S. markets directly or through depositary receipt programs such as American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs").</div> </li><li> <div style="font-size:10pt;padding-top:2pt;padding-bottom:0;padding-left:0;">Invest in REITs.</div> </li><li> <div style="font-size:10pt;padding-top:2pt;padding-bottom:0;padding-left:0;">Invest in securities offered in initial public offerings ("IPOs") and securities issued pursuant to Rule 144A under the Securities Act of 1933 ("Rule 144A securities").</div> </li><li> <div style="font-size:10pt;padding-top:2pt;padding-bottom:0;padding-left:0;">Invest in derivative securities, such as options, for hedging and investment purposes.</div> </li></ul> Principal Investment Risks <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The principal risks of investing in the Fund are summarized below. The Fund does not represent a complete investment program. You may lose money by investing in the Fund. </div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The significance of any specific risk to an investment in the Fund will vary over time, depending on the composition of the Fund's portfolio, market conditions, and other factors. You should read all of the risk information presented below carefully, because any one or more of these risks may result in losses to the Fund.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Equity Securities Risk:</b> The value of the Fund's investments in equity securities could be subject to unpredictable declines in the value of individual securities and periods of below-average performance in individual securities or in the equity market as a whole. Securities issued in IPOs tend to involve greater market risk than other equity securities due, in part, to public perception and the lack of publicly available information and trading history. In the event an issuer is liquidated or declares bankruptcy, the claims of owners of the issuer's bonds generally take precedence over the claims of those who own preferred stock or common stock. </div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Non-Diversification Risk:</b> Compared with other mutual funds, the Fund may invest a greater percentage of its assets in a particular issuer and may invest in fewer issuers. Therefore, the Fund may have more risk because changes in the value of a single security or the impact of a single economic, political or regulatory occurrence may have a greater adverse impact on the Fund's net asset value.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Market/Issuer Risk:</b> The market value of the Fund's investments will move up and down, sometimes rapidly and unpredictably, based upon overall market and economic conditions, as well as a number of reasons that directly relate to the issuers of the Fund's investments, such as management performance, financial condition and demand for the issuers' goods and services. </div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Management Risk:</b> A strategy used by the Fund's portfolio managers may fail to produce the intended result. </div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Derivatives Risk:</b> Derivative instruments (such as those in which the Fund may invest, including options) are subject to changes in the value of the underlying assets or indices on which such instruments are based. There is no guarantee that the use of derivatives will be effective or that suitable transactions will be available. Even a small investment in derivatives may give rise to leverage risk and can have a significant impact on the Fund's exposure to securities markets values, interest rates or currency exchange rates. It is possible that the Fund's liquid assets may be insufficient to support its obligations under its derivatives positions. The use of derivatives for other than hedging purposes may be considered a speculative activity, and involves greater risks than are involved in hedging. The use of derivatives may cause the Fund to incur losses greater than those that would have occurred had derivatives not been used. The Fund's use of derivatives involves other risks, such as the credit risk relating to the other party to a derivative contract, which is greater for OTC derivatives, the risk of difficulties in pricing and valuation, the risk that changes in the value of a derivative may not correlate as expected with changes in the value of relevant assets, rates or indices; liquidity risk; allocation risk and the risk of losing more than the initial margin (if any) required to initiate derivatives positions. There is also the risk that the Fund may be unable to terminate or sell a derivative position at an advantageous time or price. The Fund's derivative counterparties may experience financial difficulties or otherwise be unwilling or unable to honor their obligations, possibly resulting in losses to the Fund. </div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Below Investment Grade Fixed-Income Securities Risk:</b> The Fund's investments in below investment grade fixed-income securities, also known as "junk bonds," may be subject to greater risks than other fixed-income securities, including being subject to greater levels of interest rate risk, credit/counterparty risk (including a greater risk of default) and liquidity risk. The ability of the issuer to make principal and interest payments is predominantly speculative for below investment grade fixed-income securities.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Credit/Counterparty Risk:</b> Credit/counterparty risk is the risk that the issuer or guarantor of a fixed-income security, or the counterparty to a derivative or other transaction, will be unable or unwilling to make timely payments of interest or principal or to otherwise honor its obligations. The Fund will be subject to credit risk with respect to the counterparties of its derivatives transactions. Many of the protections afforded to participants on organized exchanges, such as the performance guarantee given by a central clearing house, are not available in connection with over-the-counter ("OTC") derivatives transactions, such as foreign currency transactions. As a result, in instances when the Fund enters into OTC derivatives transactions, the Fund will be subject to the risk that its counterparties will not perform their obligations under the transactions and that the Fund will sustain losses or be unable to realize gains.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Cybersecurity and Technology Risk:</b> The Fund, its service providers, and other market participants increasingly depend on complex information technology and communications systems, which are subject to a number of different threats and risks that could adversely affect the Fund and its shareholders. Cybersecurity and other operational and technology issues may result in financial losses to the Fund and its shareholders.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Emerging Markets Risk:</b> In addition to the risks of investing in foreign investments generally, emerging markets investments are subject to greater risks arising from political or economic instability, nationalization or confiscatory taxation, currency exchange restrictions, sanctions by the U.S. government and an issuer's unwillingness or inability to make principal or interest payments on its obligations. Emerging markets companies may be smaller and have shorter operating histories than companies in developed markets.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Foreign Securities Risk:</b> Investments in foreign securities may be subject to greater political, economic, environmental, credit/counterparty and information risks. The Fund's investments in foreign securities also are subject to foreign currency fluctuations and other foreign currency-related risks. Foreign securities may be subject to higher volatility than U.S. securities, varying degrees of regulation and limited liquidity.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Interest Rate Risk:</b> Interest rate risk is the risk that the value of the Fund's investments will fall if interest rates rise. Generally, the value of fixed-income securities rises when prevailing interest rates fall and falls when interest rates rise. Interest rate risk generally is greater for funds that invest in fixed-income securities with relatively longer durations than for funds that invest in fixed-income securities with shorter durations. In addition, an economic downturn or period of rising interest rates could adversely affect the market for these securities and reduce the Fund's ability to sell them, negatively impacting the performance of the Fund. Potential future changes in government monetary policy may affect the level of interest rates. </div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Leverage Risk: </b>Use of derivative instruments may involve leverage. Taking short positions in stocks also results in a form of leverage. Leverage is the risk associated with securities or practices that multiply small index, market or asset-price movements into larger changes in value. The use of leverage increases the impact of gains and losses on the Fund's returns, and may lead to significant losses if investments are not successful.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Liquidity Risk:</b> Liquidity risk is the risk that the Fund may be unable to find a buyer for its investments when it seeks to sell them or to receive the price it expects. Decreases in the number of financial institutions willing to make markets in the Fund's investments or in their capacity or willingness to transact may increase the Fund's exposure to this risk. Events that may lead to increased redemptions, such as market disruptions or increases in interest rates, may also negatively impact the liquidity of the Fund's investments when it needs to dispose of them. If the Fund is forced to sell its investments at an unfavorable time and/or under adverse conditions in order to meet redemption requests, such sales could negatively affect the Fund. Securities acquired in a private placement, such as Rule 144A securities, are generally subject to significant liquidity risk because they are subject to strict restrictions on resale and there may be no liquid secondary market or ready purchaser for such securities. Derivatives, and particularly over-the-counter ("OTC'") derivatives, are generally subject to liquidity risk as well. Liquidity issues may also make it difficult to value the Fund's investments.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>REITs Risk:</b> Investments in the real estate industry, including REITs, are particularly sensitive to economic downturns and are sensitive to factors such as changes in real estate values, property taxes and tax laws, interest rates, cash flow of underlying real estate assets, occupancy rates, government regulations affecting zoning, land use and rents and the management skill and creditworthiness of the issuer. Companies in the real estate industry also may be subject to liabilities under environmental and hazardous waste laws. In addition, the value of a REIT is affected by changes in the value of the properties owned by the REIT or mortgage loans held by the REIT. REITs are also subject to default and prepayment risk. Many REITs are highly leveraged, increasing their risk. The Fund will indirectly bear its proportionate share of expenses, including management fees, paid by each REIT in which it invests in addition to the expenses of the Fund.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> <b>Short Sale Risk:</b> Short sales can increase the volatility of the Fund and may lower the Fund's return or result in losses, which potentially may be unlimited. If the Fund is unable to borrow securities in connection with a short sale at an advantageous time or price, the Fund may be limited in its ability to pursue its short sale strategy or may incur losses. The use of short sales also exposes the Fund to leverage risk.</div> Risk/Return Bar Chart and Table <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The bar chart and table shown below provide some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year-to-year and by showing how the Fund's average annual returns for the one-year, five-year, life-of-class and life-of-fund periods (as applicable) compare to those of a broad measure of market performance. The Fund's past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Updated performance information is available online at im.natixis.com and/or by calling the Fund toll-free at 800-225-5478.</div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The chart does not reflect any sales charge that you may be required to pay when you buy or redeem the Fund's shares. A sales charge will reduce your return.</div> Total Returns for Class Y Shares <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> Highest Quarterly Return: First Quarter 2013, 12.67% </div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;"> Lowest Quarterly Return: Fourth Quarter 2018, -15.44% </div> Average Annual Total Returns (for the periods ended December 31, 2019) <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">The Fund did not have Class T shares outstanding during the periods shown above. The returns of Class T shares would have been substantially similar to the returns of the Fund's other share classes because they would have been invested in the same portfolio of securities and would only differ to the extent the other share classes did not have the same expenses. Performance of Class T shares shown above is that of Class A shares, which have the same expenses as Class T shares, restated to reflect the different sales load applicable to Class T shares. </div> <div style="font-size:10pt;padding-top:5pt;padding-bottom:0;padding-left:0;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their shares through tax-advantaged arrangements, such as 401(k) plans, qualified plans, education savings accounts, such as 529 plans, or individual retirement accounts. The after-tax returns are shown for only one class of the Fund. After-tax returns for the other classes of the Fund will vary. Index performance reflects no deduction for fees, expenses or taxes.</div> <div style="display:none">~http://nftii-20200401/role/ShareholderFeesDataAAAA column period compact * column rr_ProspectusShareClassAxis compact * row primary compact * row dei_LegalEntityAxis compact nftii-20200401_S000037523Member ~</div> 0.0575 0 0 0 0.01 0 0 0 0 0.025 0 0 0 0 0 <div style="display:none">~ http://nftii-20200401/role/OperatingExpensesDataAAAA column period compact * column rr_ProspectusShareClassAxis compact * row primary compact * row dei_LegalEntityAxis compact nftii-20200401_S000037523Member ~</div> 0.0075 0.0025 0.0018 0 0.0118 -0.0003 0.0115 0.0075 0.01 0.0018 0 0.0193 -0.0003 0.019 0.0075 0 0.6273 0 0.6348 -0.6263 0.0085 0.0075 0.0025 0.0018 0 0.0118 -0.0003 0.0115 0.0075 0 0.0018 0 0.0093 -0.0003 0.009 <div style="display:none">~ http://nftii-20200401/role/ExpenseExampleAAAA column period compact * column rr_ProspectusShareClassAxis compact * row primary compact * row dei_LegalEntityAxis compact nftii-20200401_S000037523Member ~</div> 685 293 87 364 92 925 603 6708 612 293 1184 1039 7848 880 512 1922 2251 8084 1643 1140 <div style="display:none">~ http://nftii-20200401/role/ExpenseExampleNoRedemptionAAAA column period compact * column rr_ProspectusShareClassAxis compact * row primary compact * row dei_LegalEntityAxis compact nftii-20200401_S000037523Member ~</div> 193 603 1039 2251 <div style="display:none">~ http://nftii-20200401/role/BarChartDataAAAA column period compact * column rr_ProspectusShareClassAxis compact * row primary compact * row dei_LegalEntityAxis compact nftii-20200401_S000037523Member ~</div> 0.4339 0.1076 0.0281 0.0694 0.2379 -0.0456 0.2781 <div style="display:none">~ http://nftii-20200401/role/PerformanceTableDataAAAA column period compact * column rr_ProspectusShareClassAxis compact * row primary compact * row dei_LegalEntityAxis compact nftii-20200401_S000037523Member ~</div> 0.2781 0.2543 0.1815 0.2012 0.2552 0.2785 0.2429 0.3149 0.1067 0.0911 0.0827 0.0908 0.0958 0.0983 0.117 0.1336 0.1425 0.1473 0.1282 0.1154 0.1354 0.1359 0.1405 0.1451 You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in this table. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Natixis Funds Complex. March 31, 2021 0.37 50000 Other expenses are estimated for the current fiscal year. You may lose money by investing in the Fund. The Fund's past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. The bar chart and table shown below provide some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year to year and by showing how the Fund's average annual returns for the one-year, life-of-class and life-of-fund periods (as applicable) compare to those of a broad measure of market performance. The chart does not reflect any sales charge that you may be required to pay when you buy or redeem the Fund's shares. A sales charge will reduce your return. Highest Quarterly Return: First Quarter 2019, 17.84% 0.1784 2019-03-31 Lowest Quarterly Return: Fourth Quarter 2018, -12.53% -0.1253 2018-12-31 im.natixis.com 800-225-5478 After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their shares through tax-advantaged arrangements, such as 401(k) plans, qualified plans, education savings accounts, such as 529 plans, or individual retirement accounts. The after-tax returns are shown for only one class of the Fund. After-tax returns for the other classes of the Fund will vary. A 1.00% contingent deferred sales charge ("CDSC") may apply to certain purchases of Class A shares of $1,000,000 or more that are redeemed within eighteen months of the date of purchase. Index performance reflects no deduction for fees, expenses or taxes. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in this table. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $100,000 in the Natixis Funds Complex. March 31, 2021 0.52 100000 Other expenses are estimated for the current fiscal year. You may lose money by investing in the Fund. The Fund's past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. The bar chart and table shown below provide some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year-to-year and by showing how the Fund's average annual returns for the one-year, five-year, life-of-class and life-of-fund periods (as applicable) compare to those of a broad measure of market performance. The chart does not reflect any sales charge that you may be required to pay when you buy or redeem the Fund's shares. A sales charge will reduce your return. Highest Quarterly Return: First Quarter 2012, 5.09% 0.0509 2012-03-31 Lowest Quarterly Return: Fourth Quarter 2018, -3.02% -0.0302 2018-12-31 im.natixis.com 800-225-5478 After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their shares through tax-advantaged arrangements, such as 401(k) plans, qualified plans, education savings accounts, such as 529 plans, or individual retirement accounts. The after-tax returns are shown for only one class of the Fund. After-tax returns for the other classes of the Fund will vary. A 1.00% contingent deferred sales charge ("CDSC") may apply to certain purchases of Class A shares of $1,000,000 or more that are redeemed within eighteen months of the date of purchase. Index performance reflects no deduction for fees, expenses or taxes. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in this table. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Natixis Funds Complex. March 31, 2021 0.51 50000 Other expenses are estimated for the current fiscal year. You may lose money by investing in the Fund. The Fund's past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. The bar chart and table shown below provide some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year-to-year and by showing how the Fund's average annual returns for the one-year, five-year, life-of-class and life-of-fund periods (as applicable) compare to those of a broad measure of market performance. The chart does not reflect any sales charge that you may be required to pay when you buy or redeem the Fund's shares. A sales charge will reduce your return. Highest Quarterly Return: First Quarter 2013, 12.67% 0.1267 2013-03-31 Lowest Quarterly Return: Fourth Quarter 2018, -15.44% -0.1544 2018-12-31 im.natixis.com 800-225-5478 After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their shares through tax-advantaged arrangements, such as 401(k) plans, qualified plans, education savings accounts, such as 529 plans, or individual retirement accounts. The after-tax returns are shown for only one class of the Fund. After-tax returns for the other classes of the Fund will vary. A 1.00% contingent deferred sales charge ("CDSC") may apply to certain purchases of Class A shares of $1,000,000 or more that are redeemed within eighteen months of the date of purchase. Index performance reflects no deduction for fees, expenses or taxes. 2016-03-31 2016-03-31 2016-03-31 2016-03-31 2016-03-31 2017-03-31 2016-03-31 2016-03-31 2017-03-31 2011-09-30 2011-09-30 2011-09-30 2011-09-30 2011-09-30 2017-03-31 2011-09-30 2011-09-30 2017-03-31 2012-06-29 2012-06-29 2012-06-29 2012-06-29 2012-06-29 2017-03-31 2012-06-29 2012-06-29 2017-03-31 Non-Diversification Risk: Compared with other mutual funds, the Fund may invest a greater percentage of its assets in a particular issuer and may invest in fewer issuers. Therefore, the Fund may have more risk because changes in the value of a single security or the impact of a single economic, political or regulatory occurrence may have a greater adverse impact on the Fund's net asset value. Non-Diversification Risk: Compared with other mutual funds, the Fund may invest a greater percentage of its assets in a particular issuer and may invest in fewer issuers. Therefore, the Fund may have more risk because changes in the value of a single security or the impact of a single economic, political or regulatory occurrence may have a greater adverse impact on the Fund's net asset value. Natixis Advisors, L.P. ("Natixis Advisors") has given a binding contractual undertaking to the Fund to reimburse any and all transfer agency expenses for Class N shares. This undertaking is in effect through March 31, 2021 and may be terminated before then only with the consent of the Fund's Board of Trustees. A 1.00% contingent deferred sales charge ("CDSC") may apply to certain purchases of Class A shares of $1,000,000 or more that are redeemed within eighteen months of the date of purchase. A 1.00% contingent deferred sales charge ("CDSC") may apply to certain purchases of Class A shares of $1,000,000 or more that are redeemed within eighteen months of the date of purchase. Management fees have been restated to reflect the current management fees for the Fund, effective as of July 1, 2019. Other expenses are estimated for the current fiscal year. Loomis, Sayles & Company, L.P. ("Loomis Sayles" or the "Adviser") has given a binding contractual undertaking to the Fund to limit the amount of the Fund's total annual fund operating expenses to 1.05%, 1.80%, 0.75%, 1.05% and 0.80% of the Fund's average daily net assets for Class A, C, N, T and Y shares, respectively, exclusive of brokerage expenses, interest expense, taxes, acquired fund fees and expenses, organizational and extraordinary expenses, such as litigation and indemnification expenses. This undertaking is in effect through March 31, 2021 and may be terminated before then only with the consent of the Fund's Board of Trustees. The Adviser will be permitted to recover, on a class by class basis, management fees waived and/or expenses reimbursed to the extent that expenses in later periods fall below the applicable expense limitations for Class A, C, N, T and Y shares. The Fund will not be obligated to repay any such waived/reimbursed fees or expenses more than one year after the end of the fiscal year in which the fees or expenses were waived/reimbursed. Natixis Advisors has given a binding contractual undertaking to the Fund to reimburse any and all transfer agency expenses for Class N shares. This undertaking is in effect through March 31, 2021 and may be terminated before then only with the consent of the Fund's Board of Trustees. Loomis, Sayles & Company, L.P. ("Loomis Sayles" or the "Adviser") has given a binding contractual undertaking to the Fund to limit the amount of the Fund's total annual fund operating expenses to 1.25%, 2.00%, 0.95%, 1.25% and 1.00% of the Fund's average daily net assets for Class A, C, N, T and Y shares, respectively, exclusive of brokerage expenses, interest expense, taxes, acquired fund fees and expenses, organizational and extraordinary expenses, such as litigation and indemnification expenses. This undertaking is in effect through March 31, 2021 and may be terminated before then only with the consent of the Fund's Board of Trustees. The Adviser will be permitted to recover, on a class by class basis, management fees waived and/or expenses reimbursed to the extent that expenses in later periods fall below the applicable expense limitations for Class A, C, N, T and Y shares. The Fund will not be obligated to repay any such waived/reimbursed fees and expenses more than one year after the end of the fiscal year in which the fees or expenses were waived/reimbursed. Other expenses are estimated for the current fiscal year. Natixis Advisors, L.P. ("Natixis Advisors") has given a binding contractual undertaking to the Fund to limit the amount of the Fund's total annual fund operating expenses to 1.15%, 1.90%, 0.85%, 1.15% and 0.90% of the Fund's average daily net assets for Class A, C, N, T and Y shares, respectively, exclusive of brokerage expenses, interest expense, taxes, acquired fund fees and expenses, dividend expenses on securities sold short, organizational and extraordinary expenses, such as litigation and indemnification expenses. This undertaking is in effect through March 31, 2021 and may be terminated before then only with the consent of the Fund's Board of Trustees. The Fund's investment adviser will be permitted to recover, on a class by class basis, management fees waived and/or expenses reimbursed to the extent that expenses in later periods fall below the applicable expense limitations for Class A, C, N, T and Y shares. The Fund will not be obligated to repay any such waived/reimbursed fees and expenses more than one year after the end of the fiscal year in which the fees or expenses were waived/reimbursed. In order to ensure that the total annual fund operating expenses after fee waiver and/or expense reimbursement do not exceed the amounts disclosed in the table, the Adviser may voluntarily waive additional advisory fees. This may result in the Class A, C, T and Y shareholders realizing a total annual fund operating expense after fee waiver and/or expense reimbursement lower than 1.25%, 2.00%, 1.25%, and 1.00% of the Fund's average daily net assets for Class A, C, T and Y shares, respectively. This additional waiver may be terminated at any time. In order to ensure that the total annual fund operating expenses after fee waiver and/or expense reimbursement do not exceed the amounts disclosed in the table, the Adviser may voluntarily waive additional advisory fees. This may result in the Class A, C, T and Y shareholders realizing a total annual fund operating expense after fee waiver and/or expense reimbursement lower than 1.15%, 1.90%, 1.15% and 0.90% of the Fund's average daily net assets for Class A, C, T and Y shares, respectively. This additional waiver may be terminated at any time. EX-101.SCH 3 nftii-20200401.xsd XBRL TAXONOMY EXTENSION SCHEMA 010001 - Document - Document And Entity Information {Elements} link:presentationLink link:calculationLink link:definitionLink 010002 - Document - Natixis Funds Trust II {Unlabeled} link:presentationLink link:calculationLink link:definitionLink 020032 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 020062 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 020022 - Schedule - Annual Fund Operating Expenses link:presentationLink link:calculationLink link:definitionLink 020012 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 020042 - Schedule - Expense Example, No Redemption {Transposed} link:presentationLink link:calculationLink link:definitionLink 020052 - Schedule - Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink EX-101.DEF 4 nftii-20200401_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 5 nftii-20200401_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Expense Example, No Redemption: Shareholder Fees [Table] Annual Fund Operating Expenses [Table] Expense Example, With Redemption [Table] Bar Chart [Table] Performance [Table] Expense Example, No Redemption Narrative [Text Block] Market Index Performance [Table] Expense Example, No Redemption [Table] Performance Measure [Axis] Before Taxes Return After Taxes on Distributions Return After Taxes on Distributions and Sale of Fund Shares Amendment Description Amendment Flag Document Creation Date Document Effective Date Document [Axis] Prospectus Document Period End Date Document Type Entities [Table] Entity [Text Block] Series Trading Symbol Registrant Name Central Index Key Series [Axis] Risk/Return [Heading] Objective Section: Objective [Heading] Objective, Primary [Text Block] Objective, Secondary [Text Block] Strategy Section: Strategy [Heading] Strategy Narrative [Text Block] Strategy Portfolio Concentration [Text] Bar Chart and Performance Table [Heading] Performance Narrative [Text Block] Performance Past Does Not Indicate Future [Text] Performance Information Illustrates Variability of Returns [Text] Performance One Year or Less [Text] Performance Additional Market Index [Text] Bar Chart [Heading] Bar Chart Narrative [Text Block] Bar Chart Does Not Reflect Sales Loads [Text] Bar Chart, Returns for Class Not Offered in Prospectus [Text] Bar Chart, Reason Selected Class Different from Immediately Preceding Period [Text] Annual Return Caption [Text] Caption Annual Return, Column [Text] Column Annual Return, Inception Date Inception Date Annual Return 1990 Annual Return 1991 Annual Return 1992 Annual Return 1993 Annual Return 1994 Annual Return 1995 Annual Return 1996 Annual Return 1997 Annual Return 1998 Annual Return 1999 Annual Return 2000 Annual Return 2001 Annual Return 2002 Annual Return 2003 Annual Return 2004 Annual Return 2005 Annual Return 2006 Annual Return 2007 Annual Return 2008 Annual Return 2009 Annual Return 2010 Annual Return 2011 Annual Return 2012 Annual Return 2013 Annual Return 2014 Annual Return 2015 Annual Return 2016 Annual Return 2017 Annual Return 2018 Annual Return 2019 Annual Return 2020 Year to Date Return, Label Bar Chart, Year to Date Return Bar Chart, Year to Date Return, Date Highest Quarterly Return, Label Label Highest Quarterly Return Highest Quarterly Return, Date Lowest Quarterly Return, Label Label Lowest Quarterly Return Lowest Quarterly Return, Date Bar Chart Closing [Text Block] Performance Table Heading Performance Table Narrative Performance Table Does Reflect Sales Loads Performance Table Market Index Changed Performance Table Uses Highest Federal Rate Performance Table Not Relevant to Tax Deferred Performance Table Explanation after Tax Higher Caption Column Label Past 1 Year Past 5 Years 10 Years Life of Class N / Life of Fund Inception Date Money Market Seven Day Yield, Caption [Text] Money Market Seven Day Yield Column [Text] Money Market Seven Day Yield Phone Money Market Seven Day Yield Money Market Seven Day Tax Equivalent Yield Thirty Day Yield Caption Thirty Day Yield Column [Text] Thirty Day Yield Phone Thirty Day Yield Thirty Day Tax Equivalent Yield Performance Table Footnotes Performance Table Closing [Text Block] Risk Section: Risk [Heading] Risk Narrative [Text Block] Risk Nondiversified Status [Text] Risk Lose Money [Text] Risk Money Market Fund [Text] Risk Not Insured Depository Institution [Text] Risk Caption Risk Column [Text] Risk [Text] Risk Footnotes [Text Block] Risk Closing [Text Block] Expense [Heading] Expense Narrative [Text Block] Expense Breakpoint Discounts [Text] Expense Exchange Traded Fund Commissions [Text] Shareholder Fees Caption [Text] Shareholder Fees Column [Text] Maximum Cumulative Sales Charge (as a percentage of Offering Price) Maximum Cumulative Sales Charge (as a percentage) Maximum sales charge (load) imposed on purchases (as a percentage of offering price) Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, as applicable) Maximum Deferred Sales Charge (as a percentage of Offering Price) Maximum Sales Charge on Reinvested Dividends and Distributions (as a percentage) Redemption Fee (as a percentage of Amount Redeemed) Redemption Fee (as a percentage of Amount Redeemed) Redemption fees Redemption Fee Exchange Fee (as a percentage of Amount Redeemed) Exchange Fee Maximum Account Fee (as a percentage of Assets) Maximum Account Fee Shareholder Fee, Other Operating Expenses Caption [Text] Operating Expenses Column [Text] Management fees Distribution and/or service (12b-1) fees Distribution or Similar (Non 12b-1) Fees Other expenses Other expenses Component1 Other Expenses Component2 Other Expenses Component3 Other Expenses Acquired fund fees and expenses Total annual fund operating expenses Total annual fund operating expenses Fee waiver and/or expense reimbursement Fee waiver and/or expense reimbursement Total annual fund operating expenses after fee waiver and/or expense reimbursement Total annual fund operating expenses after fee waiver and/or expense reimbursement Expenses Represent Both Master and Feeder [Text] Expenses Other Expenses Had Extraordinary Expenses Been Included [Text] Expenses Restated to Reflect Current [Text] Expense Example [Heading] Expense Example Narrative [Text Block] Expense Example by Year [Heading] Expense Example by, Year, Caption [Text] Expense Example, By Year, Column [Text] Column Expense Example, with Redemption, 1 Year 1 Year Expense Example, with Redemption, 3 Years 3 Years Expense Example, with Redemption, 5 Years 5 Years Expense Example, with Redemption, 10 Years 10 Years Expense Example, No Redemption, By Year, Caption [Text] Expense Example, No Redemption, By Year, Column [Text] Column Expense Example, No Redemption, 1 Year 1 Year Expense Example, No Redemption, 3 Years 3 Years Expense Example, No Redemption, 5 Years 5 Years Expense Example, No Redemption, 10 Years 10 Years Expense Example Closing [Text Block] Prospectus Date Prospectus: Share Class [Axis] Share Classes Prospectus [Line Items] Form N-1A: Risk/Return: Portfolio Turnover [Heading] Portfolio Turnover [Text Block] Bar Chart and Performance Table Section: Bar Chart Narrative: Bar Chart Table: Bar Chart Closing: Average Annual Return: Market Index Return: Performance Narrative: Performance Table Section: Performance Table Closing: Expenses: Shareholder Fees: Operating Expenses: Net Expenses (as a percentage of Assets): Expenses (as a percentage of Assets): Other Expenses over Assets: Expense Footnotes: Expense Footnotes [Text Block] Expense Example Narrative: Expense Example: Expense Example Closing: Expense Example Footnotes [Text Block] Portfolio Turnover: Fee Waiver or Reimbursement over Assets, Date of Termination Portfolio Turnover, Rate Expense Breakpoint, Minimum Investment Required [Amount] Performance Table Footnotes, Reason Performance Information for Class Different from Immediately Preceding Period [Text] Bar Chart Footnotes [Text Block] Performance Table One Class of after Tax Shown [Text] Other Expenses, New Fund, Based on Estimates [Text] Acquired Fund Fees and Expenses, Based on Estimates [Text] Expenses Deferred Charges [Text Block] Expenses Range of Exchange Fees [Text Block] Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] Expenses Explanation of Nonrecurring Account Fee [Text] Index No Deduction for Fees, Expenses, Taxes [Text] Performance Availability Website Address [Text] Performance Availability Phone [Text] S000053353 Member (Loomis Sayles Global Growth Fund) S000034097 Member (Loomis Sayles Senior Floating Rate and Fixed Income Fund) S000037523 Member (Vaughan Nelson Select Fund) (Natixis Funds Trust II) AAAA Member Natixis Funds Trust II C000167848 Member Class A C000167849 Member Class C C000188122 Member Class N C000188123 Member Class T C000167850 Member Class Y C000105118 Member Class A C000105119 Member Class C C000188118 Member Class N C000188119 Member Class T C000105120 Member Class Y C000115831 Member Class A C000115832 Member Class C C000188120 Member Class N C000188121 Member Class T C000115833 Member Class Y benchnat20AAAA Member S&P 500® Index benchnat13AAAA Member MSCI ACWI Index (Net) (3/31/17) benchnat12AAAA Member MSCI ACWI Index (Net) benchnat22AAAA Member S&P / LSTA Leveraged Loan Index bench2014012806AAAA Member S&P 500® Index (3/31/17) benchnat21AAAA Member S&P / LSTA Leveraged Loan Index (3/31/17) EX-101.PRE 6 nftii-20200401_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE GRAPHIC 8 gyrnth9mjbyo2xwtnexof.jpg GRAPHIC begin 644 gyrnth9mjbyo2xwtnexof.jpg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gono3p5na3qgruhyehbzf.jpg GRAPHIC begin 644 gono3p5na3qgruhyehbzf.jpg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end GRAPHIC 10 g2fc2fg3e3k3hb0da6zso.jpg GRAPHIC begin 644 g2fc2fg3e3k3hb0da6zso.jpg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end GRAPHIC 11 BarChart1.png IDEA: XBRL DOCUMENT begin 644 BarChart1.png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how.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 13 FilingSummary.xml IDEA: XBRL DOCUMENT 3.20.1 html 31 161 1 true 26 0 false 4 false false R1.htm 010001 - Document - Document And Entity Information {Elements} Sheet http://nftii-20200401/role/DocumentDocumentandEntityInformation Document And Entity Information 1 false true R2.htm 010002 - Document - Natixis Funds Trust II {Unlabeled} Sheet http://nftii-20200401/role/AAAA Natixis Funds Trust II 2 false false R9.htm 040000 - Disclosure - Risk/Return Detail Data {Elements} Sheet http://xbrl.sec.gov/rr/role/RiskReturnDetailData Risk/Return Detail Data 3 false false All Reports Book All Reports nftii-20200401.xml nftii-20200401.xsd nftii-20200401_def.xml nftii-20200401_lab.xml nftii-20200401_pre.xml BarChart1.png BarChart2.png BarChart3.png http://xbrl.sec.gov/dei/2012-01-31 http://xbrl.sec.gov/rr/2012-01-31 true false XML 14 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 15 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Total
(Loomis Sayles Global Growth Fund)
Investment Goal
The Fund's investment goal is long-term growth of capital.
Fund Fees & Expenses
The following table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in this table. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Natixis Funds Complex. More information about these and other discounts is available from your financial professional and in the section "How Sales Charges Are Calculated" on page 31 of the Prospectus, in Appendix A to the Prospectus and on page 104 in the section "Reduced Sales Charges" of the Statement of Additional Information ("SAI").
Shareholder Fees (fees paid directly from your investment)
Shareholder Fees - (Loomis Sayles Global Growth Fund) - USD ($)
Class A
Class C
Class N
Class T
Class Y
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) 5.75% none none 2.50% none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, as applicable) none [1] 1.00% none none none
Redemption fees none none none none none
[1] A 1.00% contingent deferred sales charge ("CDSC") may apply to certain purchases of Class A shares of $1,000,000 or more that are redeemed within eighteen months of the date of purchase.
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - (Loomis Sayles Global Growth Fund)
Class A
Class C
Class N
Class T
Class Y
Management fees 0.80% 0.80% 0.80% 0.80% 0.80%
Distribution and/or service (12b-1) fees 0.25% 1.00% none 0.25% none
Other expenses 0.44% 0.43% 0.42% 0.44% [1] 0.43%
Total annual fund operating expenses 1.49% 2.23% 1.22% 1.49% 1.23%
Fee waiver and/or expense reimbursement [3],[4] 0.24% [2] 0.23% [2] 0.27% 0.24% [2] 0.23% [2]
Total annual fund operating expenses after fee waiver and/or expense reimbursement 1.25% 2.00% 0.95% 1.25% 1.00%
[1] Other expenses are estimated for the current fiscal year.
[2] In order to ensure that the total annual fund operating expenses after fee waiver and/or expense reimbursement do not exceed the amounts disclosed in the table, the Adviser may voluntarily waive additional advisory fees. This may result in the Class A, C, T and Y shareholders realizing a total annual fund operating expense after fee waiver and/or expense reimbursement lower than 1.25%, 2.00%, 1.25%, and 1.00% of the Fund's average daily net assets for Class A, C, T and Y shares, respectively. This additional waiver may be terminated at any time.
[3] Loomis, Sayles & Company, L.P. ("Loomis Sayles" or the "Adviser") has given a binding contractual undertaking to the Fund to limit the amount of the Fund's total annual fund operating expenses to 1.25%, 2.00%, 0.95%, 1.25% and 1.00% of the Fund's average daily net assets for Class A, C, N, T and Y shares, respectively, exclusive of brokerage expenses, interest expense, taxes, acquired fund fees and expenses, organizational and extraordinary expenses, such as litigation and indemnification expenses. This undertaking is in effect through March 31, 2021 and may be terminated before then only with the consent of the Fund's Board of Trustees. The Adviser will be permitted to recover, on a class by class basis, management fees waived and/or expenses reimbursed to the extent that expenses in later periods fall below the applicable expense limitations for Class A, C, N, T and Y shares. The Fund will not be obligated to repay any such waived/reimbursed fees and expenses more than one year after the end of the fiscal year in which the fees or expenses were waived/reimbursed.
[4] Natixis Advisors, L.P. ("Natixis Advisors") has given a binding contractual undertaking to the Fund to reimburse any and all transfer agency expenses for Class N shares. This undertaking is in effect through March 31, 2021 and may be terminated before then only with the consent of the Fund's Board of Trustees.
Example
This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods (except where indicated). The example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same, except that the example is based on the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement assuming that such waiver and/or reimbursement will only be in place through the dates noted above and on the Total Annual Fund Operating Expenses for the remaining periods. The example does not take into account brokerage commissions and other fees to financial intermediaries that you may pay on your purchases and sales of shares of the Fund. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
If shares are redeemed:
Expense Example - (Loomis Sayles Global Growth Fund) - USD ($)
1 Year
3 Years
5 Years
10 Years
Class A 695 997 1,320 2,233
Class C 303 675 1,174 2,547
Class N 97 360 644 1,453
Class T 374 686 1,021 1,965
Class Y 102 368 654 1,468
If shares are not redeemed:
Expense Example, No Redemption - (Loomis Sayles Global Growth Fund)
1 Year
3 Years
5 Years
10 Years
Class C | USD ($) 203 675 1,174 2,547
Portfolio Turnover
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes for you if your Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During its most recently ended fiscal year, the Fund's portfolio turnover rate was 37% of the average value of its portfolio.
Investments, Risks and Performance Principal Investment Strategies
Under normal market conditions, the Fund will invest primarily in equity securities, including common stocks and depositary receipts. The Fund will invest in securities that provide exposure to no fewer than three countries, which will include the U.S. In addition, the Fund will invest at least 40% of its assets in securities of companies that maintain their principal place of business or conduct their principal business activities outside the U.S., companies that have their securities traded on non-U.S. exchanges or companies that have been formed under the laws of non-U.S. countries. Notwithstanding the foregoing, the Adviser does not consider a security to be foreign if it is included in the U.S. equity indices published by S&P Global Ratings or Russell Investments or if the security's country of risk defined by Bloomberg is the United States. The Fund may also invest up to 30% of its assets in emerging markets securities. The Fund considers a security to be an emerging markets security if its country of risk as defined by Bloomberg is included within the MSCI Emerging & Frontier Markets Index. The Fund focuses on stocks of large capitalization companies, but the Fund may invest in companies of any size.
The Fund normally invests across a wide range of sectors and industries. The Fund's portfolio manager employs a growth style of equity management, which means that the Fund seeks to invest in companies with sustainable competitive advantages, long-term structural growth drivers, attractive cash flow returns on invested capital, and management teams focused on creating long-term value for shareholders. The Fund's portfolio manager also aims to invest in companies when they trade at a significant discount to the estimate of intrinsic value.
The Fund will consider selling a portfolio investment when the portfolio manager believes an unfavorable structural change occurs within a given business or the markets in which it operates, when a critical underlying investment assumption is flawed, when a more attractive reward-to-risk opportunity becomes available, when the current price fully reflects intrinsic value, or for other investment reasons which the portfolio manager deems appropriate.
The Fund may also engage in foreign currency transactions (including foreign currency forwards and foreign currency futures) for hedging purposes, invest in options for hedging and investment purposes and invest in securities issued pursuant to Rule 144A under the Securities Act of 1933 ("Rule 144A securities"). Under normal market conditions, the Adviser does not intend to hedge currency risk, which may cause the Fund to incur losses that would not have been incurred had the risk been hedged. Except as provided above, the Fund is not limited in the percentage of its assets that it may invest in these instruments.
Principal Investment Risks
The principal risks of investing in the Fund are summarized below. The Fund does not represent a complete investment program. You may lose money by investing in the Fund.
The significance of any specific risk to an investment in the Fund will vary over time, depending on the composition of the Fund's portfolio, market conditions, and other factors. You should read all of the risk information presented below carefully, because any one or more of these risks may result in losses to the Fund.
Equity Securities Risk: The value of the Fund's investments in equity securities could be subject to unpredictable declines in the value of individual securities and periods of below-average performance in individual securities or in the equity market as a whole. Growth stocks are generally more sensitive to market movements than other types of stocks primarily because their stock prices are based heavily on future expectations. If the Adviser's assessment of the prospects for a company's growth is wrong, or if the Adviser's judgment of how other investors will value the company's growth is wrong, then the price of the company's stock may fall or not approach the value that the Adviser has placed on it. Value stocks also present the risk that their lower valuations fairly reflect their business prospects and that investors will not agree that the stocks represent favorable investment opportunities, and they may fall out of favor with investors and underperform growth stocks during any given period. In the event an issuer is liquidated or declares bankruptcy, the claims of owners of the issuer's bonds generally take precedence over the claims of those who own preferred stock or common stock.
Market/Issuer Risk: The market value of the Fund's investments will move up and down, sometimes rapidly and unpredictably, based upon overall market and economic conditions, as well as a number of reasons that directly relate to the issuers of the Fund's investments, such as management performance, financial condition and demand for the issuers' goods and services.
Management Risk: A strategy used by the Fund's portfolio manager may fail to produce the intended result.
Liquidity Risk: Liquidity risk is the risk that the Fund may be unable to find a buyer for its investments when it seeks to sell them or to receive the price it expects. Decreases in the number of financial institutions willing to make markets in the Fund's investments or in their capacity or willingness to transact may increase the Fund's exposure to this risk. Events that may lead to increased redemptions, such as market disruptions or increases in interest rates, may also negatively impact the liquidity of the Fund's investments when it needs to dispose of them. If the Fund is forced to sell its investments at an unfavorable time and/or under adverse conditions in order to meet redemption requests, such sales could negatively affect the Fund. Securities acquired in a private placement, such as Rule 144A securities, are generally subject to significant liquidity risk because they are subject to strict restrictions on resale and there may be no liquid secondary market or ready purchaser for such securities. Derivatives, and particularly over-the-counter ("OTC'") derivatives, are generally subject to liquidity risk as well. Liquidity issues may also make it difficult to value the Fund's investments.
Foreign Securities Risk: Investments in foreign securities may be subject to greater political, economic, environmental, credit/counterparty and information risks. The Fund's investments in foreign securities also are subject to foreign currency fluctuations and other foreign currency-related risks. Foreign securities may be subject to higher volatility than U.S. securities, varying degrees of regulation and limited liquidity.
Credit/Counterparty Risk: Credit/counterparty risk is the risk that the counterparty to a derivative or other transaction, will be unable or unwilling to make timely payments of interest or principal or to otherwise honor its obligations. The Fund will be subject to credit risk with respect to the counterparties of its derivatives transactions. Many of the protections afforded to participants on organized exchanges, such as the performance guarantee given by a central clearing house, are not available in connection with over-the-counter ("OTC") derivatives transactions, such as foreign currency transactions. As a result, in instances when the Fund enters into OTC derivatives transactions, the Fund will be subject to the risk that its counterparties will not perform their obligations under the transactions and that the Fund will sustain losses or be unable to realize gains.
Currency Risk: Fluctuations in the exchange rates between different currencies may negatively affect an investment. The Fund may be subject to currency risk because it invests in foreign currency forwards and foreign currency futures and invests in securities or other instruments denominated in, or that generate income denominated in, foreign currencies. Under normal market conditions, the Fund does not intend to hedge currency risk, which may cause the Fund to incur losses that would not have been incurred had the risk been hedged.
Cybersecurity and Technology Risk: The Fund, its service providers, and other market participants increasingly depend on complex information technology and communications systems, which are subject to a number of different threats and risks that could adversely affect the Fund and its shareholders. Cybersecurity and other operational and technology issues may result in financial losses to the Fund and its shareholders.
Derivatives Risk: Derivative instruments (such as those in which the Fund may invest, including foreign currency forwards, foreign currency futures and options) are subject to changes in the value of the underlying assets or indices on which such instruments are based. There is no guarantee that the use of derivatives will be effective or that suitable transactions will be available. Even a small investment in derivatives may give rise to leverage risk and can have a significant impact on the Fund's exposure to securities markets values, interest rates or currency exchange rates. It is possible that the Fund's liquid assets may be insufficient to support its obligations under its derivatives positions. The use of derivatives for other than hedging purposes may be considered a speculative activity, and involves greater risks than are involved in hedging. The use of derivatives may cause the Fund to incur losses greater than those that would have occurred had derivatives not been used. The Fund's use of derivatives involves other risks, such as the credit risk relating to the other party to a derivative contract (which is greater for forward currency contracts, swaps and other OTC derivatives), the risk of difficulties in pricing and valuation, the risk that changes in the value of a derivative may not correlate as expected with changes in the value of relevant assets, rates or indices; liquidity risk; allocation risk and the risk of losing more than the initial margin (if any) required to initiate derivatives positions. There is also the risk that the Fund may be unable to terminate or sell a derivative position at an advantageous time or price. The Fund's derivative counterparties may experience financial difficulties or otherwise be unwilling or unable to honor their obligations, possibly resulting in losses to the Fund.
Emerging Markets Risk: In addition to the risks of investing in foreign investments generally, emerging markets investments are subject to greater risks arising from political or economic instability, nationalization or confiscatory taxation, currency exchange restrictions, sanctions by the U.S. government and an issuer's unwillingness or inability to make principal or interest payments on its obligations. Emerging markets companies may be smaller and have shorter operating histories than companies in developed markets.
Large Investor Risk: Ownership of shares of the Fund may be concentrated in one or a few large investors. Such investors may redeem shares in large quantities or on a frequent basis. Redemptions by a large investor can affect the performance of the Fund, may increase realized capital gains, including short-term capital gains taxable as ordinary income, may accelerate the realization of taxable income to shareholders and may increase transaction costs. These transactions potentially limit the use of any capital loss carryforwards and certain other losses to offset future realized capital gains (if any). Such transactions may also increase the Fund's expenses.
Leverage Risk: Use of derivative instruments may involve leverage. Leverage is the risk associated with securities or practices that multiply small index, market or asset-price movements into larger changes in value. The use of leverage increases the impact of gains and losses on the Fund's returns, and may lead to significant losses if investments are not successful.
Small- and Mid-Capitalization Companies Risk: Compared to large-capitalization companies, small- and mid-capitalization companies are more likely to have limited product lines, markets or financial resources. Stocks of these companies often trade less frequently and in limited volume and their prices may fluctuate more than stocks of large-capitalization companies. As a result, it may be relatively more difficult for the Fund to buy and sell securities of small- and mid-capitalization companies.
Risk/Return Bar Chart and Table
The bar chart and table shown below provide some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year to year and by showing how the Fund's average annual returns for the one-year, life-of-class and life-of-fund periods (as applicable) compare to those of a broad measure of market performance. The Fund's past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Updated performance information is available online at im.natixis.com and/or by calling the Fund toll-free at 800-225-5478.
The chart does not reflect any sales charge that you may be required to pay when you buy or redeem the Fund's shares. A sales charge will reduce your return.
Total Returns for Class Y Shares
Bar Chart
Highest Quarterly Return: First Quarter 2019, 17.84%
Lowest Quarterly Return: Fourth Quarter 2018, -12.53%
Average Annual Total Returns (for the periods ended December 31, 2019)
Average Annual Total Returns - (Loomis Sayles Global Growth Fund)
Past 1 Year
Life of Class N / Life of Fund
Inception Date
Class Y 30.58% 15.29% Mar. 31, 2016
Class Y | Return After Taxes on Distributions 28.89% 14.05% Mar. 31, 2016
Class Y | Return After Taxes on Distributions and Sale of Fund Shares 19.30% 11.91% Mar. 31, 2016
Class A 22.69% 13.19% Mar. 31, 2016
Class C 28.24% 14.11% Mar. 31, 2016
Class N 30.58% 15.28% Mar. 31, 2017
Class T 26.97% 14.21% Mar. 31, 2016
MSCI ACWI Index (Net) 26.60% 11.97% Mar. 31, 2016
MSCI ACWI Index (Net) (3/31/17)   10.89% Mar. 31, 2017
The Fund did not have Class T shares outstanding during the periods shown above. The returns of Class T shares would have been substantially similar to the returns of the Fund's other share classes because they would have been invested in the same portfolio of securities and would only differ to the extent the other share classes did not have the same expenses. Performance of Class T shares shown above is that of Class A shares, which have the same expenses as Class T shares, restated to reflect the different sales load applicable to Class T shares.
After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their shares through tax-advantaged arrangements, such as 401(k) plans, qualified plans, education savings accounts, such as 529 plans, or individual retirement accounts. The after-tax returns are shown for only one class of the Fund. After-tax returns for the other classes of the Fund will vary. Index performance reflects no deduction for fees, expenses or taxes.
(Loomis Sayles Senior Floating Rate and Fixed Income Fund)
Investment Goal
The Fund seeks to provide a high level of current income.
Fund Fees & Expenses
The following table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in this table. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $100,000 in the Natixis Funds Complex. More information about these and other discounts is available from your financial professional and in the section "How Sales Charges Are Calculated" on page 31 of the Prospectus, in Appendix A to the Prospectus and on page 104 in the section "Reduced Sales Charges" of the Statement of Additional Information ("SAI").
Shareholder Fees (fees paid directly from your investment)
Shareholder Fees - (Loomis Sayles Senior Floating Rate and Fixed Income Fund) - USD ($)
Class A
Class C
Class N
Class T
Class Y
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) 3.50% none none 2.50% none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, as applicable) none [1] 1.00% none none none
Redemption fees none none none none none
[1] A 1.00% contingent deferred sales charge ("CDSC") may apply to certain purchases of Class A shares of $1,000,000 or more that are redeemed within eighteen months of the date of purchase.
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - (Loomis Sayles Senior Floating Rate and Fixed Income Fund)
Class A
Class C
Class N
Class T
Class Y
Management fees 0.60% 0.60% 0.60% 0.60% 0.60%
Distribution and/or service (12b-1) fees 0.25% 1.00% none 0.25% none
Other expenses 0.24% 0.24% 0.51% 0.24% [1] 0.24%
Total annual fund operating expenses 1.09% 1.84% 1.11% 1.09% 0.84%
Fee waiver and/or expense reimbursement [2],[3] 0.03% 0.03% 0.35% 0.03% 0.03%
Total annual fund operating expenses after fee waiver and/or expense reimbursement 1.06% 1.81% 0.76% 1.06% 0.81%
[1] Other expenses are estimated for the current fiscal year.
[2] Loomis, Sayles & Company, L.P. ("Loomis Sayles" or the "Adviser") has given a binding contractual undertaking to the Fund to limit the amount of the Fund's total annual fund operating expenses to 1.05%, 1.80%, 0.75%, 1.05% and 0.80% of the Fund's average daily net assets for Class A, C, N, T and Y shares, respectively, exclusive of brokerage expenses, interest expense, taxes, acquired fund fees and expenses, organizational and extraordinary expenses, such as litigation and indemnification expenses. This undertaking is in effect through March 31, 2021 and may be terminated before then only with the consent of the Fund's Board of Trustees. The Adviser will be permitted to recover, on a class by class basis, management fees waived and/or expenses reimbursed to the extent that expenses in later periods fall below the applicable expense limitations for Class A, C, N, T and Y shares. The Fund will not be obligated to repay any such waived/reimbursed fees or expenses more than one year after the end of the fiscal year in which the fees or expenses were waived/reimbursed.
[3] Natixis Advisors, L.P. ("Natixis Advisors") has given a binding contractual undertaking to the Fund to reimburse any and all transfer agency expenses for Class N shares. This undertaking is in effect through March 31, 2021 and may be terminated before then only with the consent of the Fund's Board of Trustees.
Example
This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods (except where indicated). The example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same, except that the example is based on the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement assuming that such waiver and/or reimbursement will only be in place through the dates noted above and on the Total Annual Fund Operating Expenses for the remaining periods. This example does not take into account brokerage commissions and other fees to financial intermediaries that you may pay on your purchases and sales of shares of the Fund. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
If shares are redeemed:
Expense Example - (Loomis Sayles Senior Floating Rate and Fixed Income Fund) - USD ($)
1 Year
3 Years
5 Years
10 Years
Class A 454 682 927 1,630
Class C 284 576 993 2,156
Class N 78 318 578 1,320
Class T 355 585 833 1,543
Class Y 83 265 463 1,034
If shares are not redeemed:
Expense Example, No Redemption - (Loomis Sayles Senior Floating Rate and Fixed Income Fund)
1 Year
3 Years
5 Years
10 Years
Class C | USD ($) 184 576 993 2,156
Portfolio Turnover
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes for you if your Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During its most recently ended fiscal year, the Fund's portfolio turnover rate was 52% of the average value of its portfolio.
Investments, Risks and Performance Principal Investment Strategies
Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings made for investment purposes) in a combination of adjustable floating rate loans and other floating rate debt instruments issued by U.S. and non-U.S. corporations or other business entities and fixed-income securities, including derivatives that reference the returns of these instruments.
Under normal market conditions, the Fund will invest at least 65% of its net assets (plus any borrowings made for investment purposes) in floating rate loans that either hold a senior position in the capital structure of the borrower, hold an equal ranking with other senior debt, or have characteristics (such as a senior position secured by liens with other senior debt) that the Adviser believes justify treatment as senior debt ("Senior Loans"). The Fund may invest in Senior Loans directly as an original lender or by assignment from a lender, or it may invest indirectly through participation agreements, interests in collateralized loan obligations ("CLOs") and derivatives that reference such instruments. Derivatives that reference the returns of Senior Loans may pay returns at fixed rather than variable rates. The Fund's investments may also include, but are not limited to, subordinated loans, below investment grade corporate bonds and investment grade fixed-income debt securities. The fixed-income securities in which the Fund may invest include preferred stocks. The Fund may invest in pay-in-kind ("PIK") securities and zero-coupon securities. The Fund may receive debt, equity or other securities or instruments as a result of the general restructuring of the debt of an issuer, the restructuring of a floating rate loan or as part of a package of securities acquired with a loan.
The Fund may invest any portion of its assets in securities of Canadian issuers and up to 20% of its net assets (plus any borrowings made for investment purposes) in other foreign securities, including up to 10% of its net assets (plus any borrowings made for investment purposes) in emerging market securities. Although certain securities purchased by the Fund may be issued by domestic companies incorporated outside of the United States, the Adviser does not consider these securities to be foreign if the issuer is included in the U.S. fixed-income indices published by Bloomberg Barclays.
Floating rate loans are debt obligations that have interest rates that adjust or "float" periodically (normally on a monthly or quarterly basis) based on a generally recognized base rate, such as the London Inter-Bank Offered Rate ("LIBOR") or the prime rate offered by one or more major U.S. banks. Floating rate loans are generally unrated or rated less than investment grade and may be subject to restrictions on resale. The Fund may invest without limit in securities of any rating, including those that are in default. The Fund has no requirements as to the range of maturities of the debt instruments in which it can invest or as to the market capitalization of the issuers of those instruments.
The Fund can borrow up to one-third of the Fund's assets (including the amount borrowed) and use other techniques to purchase investments, to manage its cash flow or to redeem shares, a technique referred to as "leverage." The Fund may also use derivative instruments, including, but not limited to, futures contracts, forward contracts, swaps (including, among others, credit default swaps, credit default swap indices, loan-only credit default swaps and loan-only credit default swap indices) and structured notes to try to increase the Fund's leverage, to enhance income, to hedge against fluctuations in interest rates or currency exchange rates, and/or as a substitute for the purchase or sale of securities.
The Fund may also invest in securities issued pursuant to Rule 144A under the Securities Act of 1933 ("Rule 144A securities"), convertible securities, exchange-traded funds ("ETFs"), and mortgage-related securities, including adjustable rate mortgage securities and collateralized mortgage obligations, asset-backed securities, and U.S. government securities (including its agencies, instrumentalities and sponsored entities). The Fund may also engage in currency-related transactions. Except as provided above, the Fund is not limited in the percentage of its assets that it may invest in these instruments.
When deciding which securities to buy and sell, the Adviser will consider credit quality and whether credit quality is improving or declining, as well as return potential, in the context of market and economic risks. In addition to security selection, the Adviser expects to use cycle evaluation in conjunction with sector rotation in an effort to enhance or offset cyclical influences.
The Fund is "non-diversified." As a non-diversified fund, the Fund may invest a greater percentage of its assets in a particular issuer and may invest in fewer issuers, as compared with other mutual funds that are diversified.
The Fund expects to engage in active and frequent trading of securities and other instruments. Effects of frequent trading may include high transaction costs, which may lower the Fund's return, and realization of short-term capital gains, distributions of which are taxable to shareholders who are individuals as ordinary income. Trading costs and tax effects associated with frequent trading may adversely affect the Fund's performance.
With the exception of the 80% test described above, the percentage limitations set forth herein are not investment restrictions and the Fund may exceed these limits from time to time. In addition, when calculating these exposures, the Fund may use the notional value or an adjusted notional value of a derivative to reflect what the Adviser believes to be the most accurate assessment of the Fund's real economic exposure.
Principal Investment Risks
The principal risks of investing in the Fund are summarized below. The Fund does not represent a complete investment program. You may lose money by investing in the Fund.
The significance of any specific risk to an investment in the Fund will vary over time, depending on the composition of the Fund's portfolio, market conditions, and other factors. You should read all of the risk information presented below carefully, because any one or more of these risks may result in losses to the Fund.
Senior Loans Risk: The risks associated with Senior Loans are similar to the risks of investing in below investment-grade securities. The Senior Loans in which the Fund invests will generally not be rated investment grade by the rating agencies. Economic downturns generally lead to higher non-payment rates and a Senior Loan could lose a substantial part of its value prior to default. Senior Loans are subject to credit risk, and secured Senior Loans may not be adequately collateralized. The interest rates of Senior Loans reset frequently, and thus Senior Loans are subject to interest rate risk. Senior Loans are generally less liquid than many other debt securities and there may also be less public information available about Senior Loans as compared to other debt securities. Senior Loans may be difficult to value and may be subject to restrictions on resale, irregular trading activity, wide bid/ask spreads and extended trade settlement periods. Transactions in Senior Loans may take significantly longer than seven days to settle and, as a result, proceeds related to the sale of Senior Loans may not be readily available to make additional investments or to meet the Fund's redemption obligations. In order to satisfy redemption requests pending settlement of Senior Loans, the Fund may take a variety of measures, including, without limitation drawing on its cash and other short term positions and borrowing from banks (including under the Fund's line of credit), all of which may adversely affect the Fund's performance. With limited exceptions, the Adviser will take steps intended to ensure that it does not receive material non-public information about the issuers of Senior Loans who also issue publicly traded securities, and therefore the Adviser may have less information than other investors about certain of the Senior Loans in which it seeks to invest. Investing in Senior Loan participations exposes the Fund to the credit of the counterparty issuing the participation in addition to the credit of the ultimate borrower.
Liquidity Risk: Liquidity risk is the risk that the Fund may be unable to find a buyer for its investments when it seeks to sell them or to receive the price it expects. Decreases in the number of financial institutions willing to make markets in the Fund's investments or in their capacity or willingness to transact may increase the Fund's exposure to this risk. Events that may lead to increased redemptions, such as market disruptions or increases in interest rates, may also negatively impact the liquidity of the Fund's investments when it needs to dispose of them. If the Fund is forced to sell its investments at an unfavorable time and/or under adverse conditions in order to meet redemption requests, such sales could negatively affect the Fund. Securities acquired in a private placement, such as Rule 144A securities, are generally subject to significant liquidity risk because they are subject to strict restrictions on resale and there may be no liquid secondary market or ready purchaser for such securities. Derivatives, and particularly over-the-counter ("OTC'") derivatives, are generally subject to liquidity risk as well. Liquidity issues may also make it difficult to value the Fund's investments.
Below Investment Grade Fixed-Income Securities Risk: The Fund's investments in below investment grade fixed-income securities, also known as "junk bonds," may be subject to greater risks than other fixed-income securities, including being subject to greater levels of interest rate risk, credit/counterparty risk (including a greater risk of default) and liquidity risk. The ability of the issuer to make principal and interest payments is predominantly speculative for below investment grade fixed-income securities.
Credit/Counterparty Risk: Credit/counterparty risk is the risk that the issuer or guarantor of a fixed-income security, or the counterparty to a derivative or other transaction, will be unable or unwilling to make timely payments of interest or principal or to otherwise honor its obligations. In the event of bankruptcy of a borrower, the Fund could experience delays or limitations with respect to its ability to realize the benefits of the collateral securing a Senior Loan. Senior Loans and other floating rate securities that are rated below investment-grade are considered predominantly speculative with respect to the ability of the issuer to make timely principal and interest payments. The value of loans made to such borrowers is likely to be more sensitive to adverse news about the borrower, markets or economy. The Fund will be subject to credit risk with respect to the counterparties of its derivatives transactions. Many of the protections afforded to participants on organized exchanges, such as the performance guarantee given by a central clearing house, are not available in connection with OTC derivatives trasactions, such as foreign currency transactions. As a result, in instances when the Fund enters into OTC derivatives transactions, the Fund will be subject to the risk that its counterparties will not perform their obligations under the transactions and that the Fund will sustain losses or be unable to realize gains.
Cybersecurity and Technology Risk: The Fund, its service providers, and other market participants increasingly depend on complex information technology and communications systems, which are subject to a number of different threats and risks that could adversely affect the Fund and its shareholders. Cybersecurity and other operational and technology issues may result in financial losses to the Fund and its shareholders.
Management Risk: A strategy used by the Fund's portfolio managers may fail to produce the intended result.
Borrowing and Leverage Risk: Borrowing and other investment techniques that utilize leverage, including use of derivatives, will increase the Fund's exposure to fluctuations in the prices of its assets and, therefore, the volatility of its share price. This magnifies the potential for gain and the risk of loss. Leverage may also cause the Fund to liquidate positions at unfavorable times or prices. The costs of leverage, such as interest on borrowed funds, will increase the Fund's expenses.
Derivatives Risk: Derivative instruments (such as those in which the Fund may invest, including futures contracts, forward contracts, swaps and structured notes) are subject to changes in the value of the underlying assets or indices on which such instruments are based. There is no guarantee that the use of derivatives will be effective or that suitable transactions will be available. Even a small investment in derivatives may give rise to leverage risk and can have a significant impact on the Fund's exposure to securities markets values, interest rates or currency exchange rates. It is possible that the Fund's liquid assets may be insufficient to support its obligations under its derivatives positions. The use of derivatives for other than hedging purposes may be considered a speculative activity, and involves greater risks than are involved in hedging. The use of derivatives may cause the Fund to incur losses greater than those that would have occurred had derivatives not been used. The Fund's use of derivatives involves other risks, such as the credit risk relating to the other party to a derivative contract (which is greater for forward currency contracts, swaps and other OTC derivatives), the risk of difficulties in pricing and valuation, the risk that changes in the value of a derivative may not correlate as expected with changes in the value of relevant assets, rates or indices; liquidity risk; allocation risk and the risk of losing more than the initial margin (if any) required to initiate derivatives positions. There is also the risk that the Fund may be unable to terminate or sell a derivative position at an advantageous time or price. The Fund's derivative counterparties may experience financial difficulties or otherwise be unwilling or unable to honor their obligations, possibly resulting in losses to the Fund.
Emerging Markets Risk: In addition to the risks of investing in foreign investments generally, emerging markets investments are subject to greater risks arising from political or economic instability, nationalization or confiscatory taxation, currency exchange restrictions, sanctions by the U.S. government and an issuer's unwillingness or inability to make principal or interest payments on its obligations. Emerging markets companies may be smaller and have shorter operating histories than companies in developed markets.
Foreign Securities Risk: Investments in foreign securities may be subject to greater political, economic, environmental, credit/counterparty and information risks. The Fund's investments in foreign securities also are subject to foreign currency fluctuations and other foreign currency-related risks. Foreign securities may be subject to higher volatility than U.S. securities, varying degrees of regulation and limited liquidity.
Interest Rate Risk: Interest rate risk is the risk that the value of the Fund's investments will fall if interest rates rise. Generally, the value of fixed-income securities rises when prevailing interest rates fall and falls when interest rates rise. Interest rate risk generally is greater for funds that invest in fixed-income securities with relatively longer durations than for funds that invest in fixed-income securities with shorter durations. Senior Loans typically have adjustable interest rates. As a result, it is expected that the values of Senior Loans held by the Fund will fluctuate less in response to interest rate changes than will fixed-rate debt securities; however, the interest rates paid by these loans will generally decrease if interest rates fall. Senior Loans and other fixed-income securities are subject to the risk that borrowers pay off the debts sooner than expected, possibly requiring the Fund to re-invest in lower-yielding securities. The value of zero-coupon and pay-in-kind bonds may be more sensitive to fluctuations in interest rates than other fixed-income securities. In addition, an economic downturn or period of rising interest rates could adversely affect the market for these securities and reduce the Fund's ability to sell them, negatively impacting the performance of the Fund. Potential future changes in government monetary policy may affect the level of interest rates.
Investments in Other Investment Companies Risk: The Fund will indirectly bear the management, service and other fees of any other investment companies, including ETFs, in which it invests in addition to its own expenses.
LIBOR Risk: LIBOR risk is the risk that the transition away from the London Interbank Offered Rate ("LIBOR") may lead to increased volatility and illiquidity in markets that are tied to LIBOR. LIBOR is a benchmark interest rate that is used extensively as a "reference rate" for financial instruments, including many corporate and municipal bonds, senior loans, asset-backed and mortgage-related securities, interest rate swaps and other derivatives. Additionally, the Fund may borrow money at rates that are based on LIBOR. In July 2017, the head of the United Kingdom Financial Conduct Authority, the agency that oversees LIBOR, announced that after 2021 it will cease its active encouragement of banks to provide the quotations needed to sustain LIBOR. That announcement suggests that LIBOR may cease to be published after that time. The transition away from LIBOR poses a number of other risks, including changed values of LIBOR-related investments and reduced effectiveness of hedging strategies, each of which may adversely affect the Fund's performance.
Market/Issuer Risk: The market value of the Fund's investments will move up and down, sometimes rapidly and unpredictably, based upon overall market and economic conditions, as well as a number of reasons that directly relate to the issuers of the Fund's investments, such as management performance, financial condition and demand for the issuers' goods and services.
Mortgage-Related and Asset-Backed Securities Risk: In addition to the risks associated with investments in fixed-income securities generally (for example, credit, liquidity and valuation risk), mortgage-related and asset-backed securities are subject to the risks of the mortgages and assets underlying the securities as well as prepayment risk, the risk that the securities may be prepaid and result in the reinvestment of the prepaid amounts in securities with lower yields than the prepaid obligations. Conversely, there is a risk that a rise in interest rates will extend the life of a mortgage-related or asset-backed security beyond the expected prepayment time, typically reducing the security's value, which is called extension risk. The Fund also may incur a loss when there is a prepayment of securities that were purchased at a premium. The Fund's investments in other asset-backed securities are subject to risks similar to those associated with mortgage-related securities, as well as additional risks associated with the nature of the assets and the servicing of those assets.
Non-Diversification Risk: Compared with other mutual funds, the Fund may invest a greater percentage of its assets in a particular issuer and may invest in fewer issuers. Therefore, the Fund may have more risk because changes in the value of a single security or the impact of a single economic, political or regulatory occurrence may have a greater adverse impact on the Fund's net asset value.
Risk/Return Bar Chart and Table
The bar chart and table shown below provide some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year-to-year and by showing how the Fund's average annual returns for the one-year, five-year, life-of-class and life-of-fund periods (as applicable) compare to those of a broad measure of market performance. The Fund's past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Updated performance information is available online at im.natixis.com and/or by calling the Fund toll-free at 800-225-5478.
The chart does not reflect any sales charge that you may be required to pay when you buy or redeem the Fund's shares. A sales charge will reduce your return.
Total Returns for Class Y Shares
Bar Chart
Highest Quarterly Return: First Quarter 2012, 5.09%
Lowest Quarterly Return: Fourth Quarter 2018, -3.02%
Average Annual Total Returns (for the periods ended December 31, 2019)
Average Annual Total Returns - (Loomis Sayles Senior Floating Rate and Fixed Income Fund)
Past 1 Year
Past 5 Years
Life of Class N / Life of Fund
Inception Date
Class Y 5.41% 4.16% 5.52% Sep. 30, 2011
Class Y | Return After Taxes on Distributions 2.72% 1.57% 2.91% Sep. 30, 2011
Class Y | Return After Taxes on Distributions and Sale of Fund Shares 3.18% 2.01% 3.10% Sep. 30, 2011
Class A 1.47% 3.16% 4.80% Sep. 30, 2011
Class C 3.39% 3.11% 4.47% Sep. 30, 2011
Class N 5.47%   3.48% Mar. 31, 2017
Class T 2.52% 3.37% 4.93% Sep. 30, 2011
S&P / LSTA Leveraged Loan Index 8.61% 4.43% 4.99% Sep. 30, 2011
S&P / LSTA Leveraged Loan Index (3/31/17)     4.33% Mar. 31, 2017
The Fund did not have Class T shares outstanding during the periods shown above. The returns of Class T shares would have been substantially similar to the returns of the Fund's other share classes because they would have been invested in the same portfolio of securities and would only differ to the extent the other share classes did not have the same expenses. Performance of Class T shares shown above is that of Class A shares, which have the same expenses as Class T shares, restated to reflect the different sales load applicable to Class T shares.
After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their shares through tax-advantaged arrangements, such as 401(k) plans, qualified plans, education savings accounts, such as 529 plans, or individual retirement accounts. The after-tax returns are shown for only one class of the Fund. After-tax returns for the other classes of the Fund will vary. Index performance reflects no deduction for fees, expenses or taxes.
(Vaughan Nelson Select Fund)
Investment Goal
The Fund seeks long-term capital appreciation.
Fund Fees & Expenses
The following table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in this table. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Natixis Funds Complex. More information about these and other discounts is available from your financial professional and in the section "How Sales Charges Are Calculated" on page 31 of the Prospectus, in Appendix A to the Prospectus and on page 104 in the section "Reduced Sales Charges" of the Statement of Additional Information ("SAI").
Shareholder Fees (fees paid directly from your investment)
Shareholder Fees - (Vaughan Nelson Select Fund) - USD ($)
Class A
Class C
Class N
Class T
Class Y
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) 5.75% none none 2.50% none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, as applicable) none [1] 1.00% none none none
Redemption fees none none none none none
[1] A 1.00% contingent deferred sales charge ("CDSC") may apply to certain purchases of Class A shares of $1,000,000 or more that are redeemed within eighteen months of the date of purchase.
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - (Vaughan Nelson Select Fund)
Class A
Class C
Class N
Class T
Class Y
Management fees [1] 0.75% 0.75% 0.75% 0.75% 0.75%
Distribution and/or service (12b-1) fees 0.25% 1.00% none 0.25% none
Other expenses 0.18% 0.18% 62.73% 0.18% [2] 0.18%
Acquired fund fees and expenses [3],[4] none none none none none
Total annual fund operating expenses 1.18% [5] 1.93% [5] 63.48% 1.18% [5] 0.93% [5]
Fee waiver and/or expense reimbursement 0.03% 0.03% 62.63% 0.03% 0.03%
Total annual fund operating expenses after fee waiver and/or expense reimbursement 1.15% 1.90% 0.85% 1.15% 0.90%
[1] Management fees have been restated to reflect the current management fees for the Fund, effective as of July 1, 2019.
[2] Other expenses are estimated for the current fiscal year.
[3] Natixis Advisors has given a binding contractual undertaking to the Fund to reimburse any and all transfer agency expenses for Class N shares. This undertaking is in effect through March 31, 2021 and may be terminated before then only with the consent of the Fund's Board of Trustees.
[4] Natixis Advisors, L.P. ("Natixis Advisors") has given a binding contractual undertaking to the Fund to limit the amount of the Fund's total annual fund operating expenses to 1.15%, 1.90%, 0.85%, 1.15% and 0.90% of the Fund's average daily net assets for Class A, C, N, T and Y shares, respectively, exclusive of brokerage expenses, interest expense, taxes, acquired fund fees and expenses, dividend expenses on securities sold short, organizational and extraordinary expenses, such as litigation and indemnification expenses. This undertaking is in effect through March 31, 2021 and may be terminated before then only with the consent of the Fund's Board of Trustees. The Fund's investment adviser will be permitted to recover, on a class by class basis, management fees waived and/or expenses reimbursed to the extent that expenses in later periods fall below the applicable expense limitations for Class A, C, N, T and Y shares. The Fund will not be obligated to repay any such waived/reimbursed fees and expenses more than one year after the end of the fiscal year in which the fees or expenses were waived/reimbursed.
[5] In order to ensure that the total annual fund operating expenses after fee waiver and/or expense reimbursement do not exceed the amounts disclosed in the table, the Adviser may voluntarily waive additional advisory fees. This may result in the Class A, C, T and Y shareholders realizing a total annual fund operating expense after fee waiver and/or expense reimbursement lower than 1.15%, 1.90%, 1.15% and 0.90% of the Fund's average daily net assets for Class A, C, T and Y shares, respectively. This additional waiver may be terminated at any time.
Example
This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods (except where indicated). The example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same, except that the example is based on the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement assuming that such waiver and/or reimbursement will only be in place through the date noted above and on the Total Annual Fund Operating Expenses for the remaining periods. The example does not take into account brokerage commissions and other fees to financial intermediaries that you may pay on your purchases and sales of shares of the Fund. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
If shares are redeemed:
Expense Example - (Vaughan Nelson Select Fund) - USD ($)
1 Year
3 Years
5 Years
10 Years
Class A 685 925 1,184 1,922
Class C 293 603 1,039 2,251
Class N 87 6,708 7,848 8,084
Class T 364 612 880 1,643
Class Y 92 293 512 1,140
If shares are not redeemed:
Expense Example, No Redemption - (Vaughan Nelson Select Fund)
1 Year
3 Years
5 Years
10 Years
Class C | USD ($) 193 603 1,039 2,251
Portfolio Turnover
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes for you if your Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During its most recently ended fiscal year, the Fund's portfolio turnover rate was 51% of the average value of its portfolio.
Investments, Risks and Performance Principal Investment Strategies
The Fund, under normal market conditions, will invest primarily in equity securities, including common stocks, preferred stocks, limited partnership interests, interests in limited liability companies, real estate investment trusts ("REITs") or other trusts and similar securities. The Fund is non-diversified, which means that it may invest a greater percentage of its assets in a particular issuer and may invest in fewer issuers than a diversified fund. Typically, the Fund's portfolio will hold 20 to 40 securities. The Fund may invest in companies with any market capitalization, although, it will typically focus its investments in mid- to large-capitalization companies. When opportunities present themselves, the Fund may establish short positions in specific equity securities or indices. While the Fund typically invests in equity securities, it may also invest in debt securities, including below investment grade fixed-income securities (commonly known as "junk bonds"). A fixed-income security is considered below investment grade quality when none of the three major rating agencies (Moody's Investors Service, Inc., Fitch Investor Services, Inc. or S&P Global Ratings) have rated the securities in one of their top four ratings categories.
Vaughan Nelson invests in companies of all market capitalizations with a focus on those companies meeting Vaughan Nelson's return expectations.
Vaughan Nelson uses a bottom-up value oriented investment process in constructing the Fund's portfolio. Vaughan Nelson seeks companies with the following characteristics, although not all of the companies selected will have these attributes:
  • Companies earning a positive return on capital with stable-to-improving returns.
  • Companies valued at discount to their asset value.
  • Companies with an attractive and sustainable dividend level.
In selecting investments for the Fund, Vaughan Nelson generally employs the following strategies:
  • Vaughan Nelson employs a value-driven investment philosophy that selects securities selling at a relatively low value based on discounted cash flow models. Vaughan Nelson selects companies that it believes are out-of-favor or misunderstood.
  • Vaughan Nelson starts with the entire U.S. exchange-traded equity investment universe. Vaughan Nelson then narrows the investment universe by using fundamental analysis to construct a portfolio of 20 to 40 securities.
  • Vaughan Nelson uses fundamental analysis to construct a portfolio that, in the opinion of Vaughan Nelson, is made up of quality companies with the potential to provide significant increases in share price over a three year period.
  • Vaughan Nelson will also employ its value driven investment philosophy to identify out-of-favor or misunderstood debt securities.
  • Vaughan Nelson will generally sell a security when it reaches Vaughan Nelson's price target or when the issuer shows a change in financial condition, competitive pressures, poor management decisions or internal or external forces reducing future expected returns from the investment thesis.
The Fund also may:
  • Invest in convertible preferred stock and convertible debt securities.
  • Invest in publicly traded master limited partnerships.
  • Invest in foreign securities, including emerging market securities, traded in U.S. markets directly or through depositary receipt programs such as American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs").
  • Invest in REITs.
  • Invest in securities offered in initial public offerings ("IPOs") and securities issued pursuant to Rule 144A under the Securities Act of 1933 ("Rule 144A securities").
  • Invest in derivative securities, such as options, for hedging and investment purposes.
Principal Investment Risks
The principal risks of investing in the Fund are summarized below. The Fund does not represent a complete investment program. You may lose money by investing in the Fund.
The significance of any specific risk to an investment in the Fund will vary over time, depending on the composition of the Fund's portfolio, market conditions, and other factors. You should read all of the risk information presented below carefully, because any one or more of these risks may result in losses to the Fund.
Equity Securities Risk: The value of the Fund's investments in equity securities could be subject to unpredictable declines in the value of individual securities and periods of below-average performance in individual securities or in the equity market as a whole. Securities issued in IPOs tend to involve greater market risk than other equity securities due, in part, to public perception and the lack of publicly available information and trading history. In the event an issuer is liquidated or declares bankruptcy, the claims of owners of the issuer's bonds generally take precedence over the claims of those who own preferred stock or common stock.
Non-Diversification Risk: Compared with other mutual funds, the Fund may invest a greater percentage of its assets in a particular issuer and may invest in fewer issuers. Therefore, the Fund may have more risk because changes in the value of a single security or the impact of a single economic, political or regulatory occurrence may have a greater adverse impact on the Fund's net asset value.
Market/Issuer Risk: The market value of the Fund's investments will move up and down, sometimes rapidly and unpredictably, based upon overall market and economic conditions, as well as a number of reasons that directly relate to the issuers of the Fund's investments, such as management performance, financial condition and demand for the issuers' goods and services.
Management Risk: A strategy used by the Fund's portfolio managers may fail to produce the intended result.
Derivatives Risk: Derivative instruments (such as those in which the Fund may invest, including options) are subject to changes in the value of the underlying assets or indices on which such instruments are based. There is no guarantee that the use of derivatives will be effective or that suitable transactions will be available. Even a small investment in derivatives may give rise to leverage risk and can have a significant impact on the Fund's exposure to securities markets values, interest rates or currency exchange rates. It is possible that the Fund's liquid assets may be insufficient to support its obligations under its derivatives positions. The use of derivatives for other than hedging purposes may be considered a speculative activity, and involves greater risks than are involved in hedging. The use of derivatives may cause the Fund to incur losses greater than those that would have occurred had derivatives not been used. The Fund's use of derivatives involves other risks, such as the credit risk relating to the other party to a derivative contract, which is greater for OTC derivatives, the risk of difficulties in pricing and valuation, the risk that changes in the value of a derivative may not correlate as expected with changes in the value of relevant assets, rates or indices; liquidity risk; allocation risk and the risk of losing more than the initial margin (if any) required to initiate derivatives positions. There is also the risk that the Fund may be unable to terminate or sell a derivative position at an advantageous time or price. The Fund's derivative counterparties may experience financial difficulties or otherwise be unwilling or unable to honor their obligations, possibly resulting in losses to the Fund.
Below Investment Grade Fixed-Income Securities Risk: The Fund's investments in below investment grade fixed-income securities, also known as "junk bonds," may be subject to greater risks than other fixed-income securities, including being subject to greater levels of interest rate risk, credit/counterparty risk (including a greater risk of default) and liquidity risk. The ability of the issuer to make principal and interest payments is predominantly speculative for below investment grade fixed-income securities.
Credit/Counterparty Risk: Credit/counterparty risk is the risk that the issuer or guarantor of a fixed-income security, or the counterparty to a derivative or other transaction, will be unable or unwilling to make timely payments of interest or principal or to otherwise honor its obligations. The Fund will be subject to credit risk with respect to the counterparties of its derivatives transactions. Many of the protections afforded to participants on organized exchanges, such as the performance guarantee given by a central clearing house, are not available in connection with over-the-counter ("OTC") derivatives transactions, such as foreign currency transactions. As a result, in instances when the Fund enters into OTC derivatives transactions, the Fund will be subject to the risk that its counterparties will not perform their obligations under the transactions and that the Fund will sustain losses or be unable to realize gains.
Cybersecurity and Technology Risk: The Fund, its service providers, and other market participants increasingly depend on complex information technology and communications systems, which are subject to a number of different threats and risks that could adversely affect the Fund and its shareholders. Cybersecurity and other operational and technology issues may result in financial losses to the Fund and its shareholders.
Emerging Markets Risk: In addition to the risks of investing in foreign investments generally, emerging markets investments are subject to greater risks arising from political or economic instability, nationalization or confiscatory taxation, currency exchange restrictions, sanctions by the U.S. government and an issuer's unwillingness or inability to make principal or interest payments on its obligations. Emerging markets companies may be smaller and have shorter operating histories than companies in developed markets.
Foreign Securities Risk: Investments in foreign securities may be subject to greater political, economic, environmental, credit/counterparty and information risks. The Fund's investments in foreign securities also are subject to foreign currency fluctuations and other foreign currency-related risks. Foreign securities may be subject to higher volatility than U.S. securities, varying degrees of regulation and limited liquidity.
Interest Rate Risk: Interest rate risk is the risk that the value of the Fund's investments will fall if interest rates rise. Generally, the value of fixed-income securities rises when prevailing interest rates fall and falls when interest rates rise. Interest rate risk generally is greater for funds that invest in fixed-income securities with relatively longer durations than for funds that invest in fixed-income securities with shorter durations. In addition, an economic downturn or period of rising interest rates could adversely affect the market for these securities and reduce the Fund's ability to sell them, negatively impacting the performance of the Fund. Potential future changes in government monetary policy may affect the level of interest rates.
Leverage Risk: Use of derivative instruments may involve leverage. Taking short positions in stocks also results in a form of leverage. Leverage is the risk associated with securities or practices that multiply small index, market or asset-price movements into larger changes in value. The use of leverage increases the impact of gains and losses on the Fund's returns, and may lead to significant losses if investments are not successful.
Liquidity Risk: Liquidity risk is the risk that the Fund may be unable to find a buyer for its investments when it seeks to sell them or to receive the price it expects. Decreases in the number of financial institutions willing to make markets in the Fund's investments or in their capacity or willingness to transact may increase the Fund's exposure to this risk. Events that may lead to increased redemptions, such as market disruptions or increases in interest rates, may also negatively impact the liquidity of the Fund's investments when it needs to dispose of them. If the Fund is forced to sell its investments at an unfavorable time and/or under adverse conditions in order to meet redemption requests, such sales could negatively affect the Fund. Securities acquired in a private placement, such as Rule 144A securities, are generally subject to significant liquidity risk because they are subject to strict restrictions on resale and there may be no liquid secondary market or ready purchaser for such securities. Derivatives, and particularly over-the-counter ("OTC'") derivatives, are generally subject to liquidity risk as well. Liquidity issues may also make it difficult to value the Fund's investments.
REITs Risk: Investments in the real estate industry, including REITs, are particularly sensitive to economic downturns and are sensitive to factors such as changes in real estate values, property taxes and tax laws, interest rates, cash flow of underlying real estate assets, occupancy rates, government regulations affecting zoning, land use and rents and the management skill and creditworthiness of the issuer. Companies in the real estate industry also may be subject to liabilities under environmental and hazardous waste laws. In addition, the value of a REIT is affected by changes in the value of the properties owned by the REIT or mortgage loans held by the REIT. REITs are also subject to default and prepayment risk. Many REITs are highly leveraged, increasing their risk. The Fund will indirectly bear its proportionate share of expenses, including management fees, paid by each REIT in which it invests in addition to the expenses of the Fund.
Short Sale Risk: Short sales can increase the volatility of the Fund and may lower the Fund's return or result in losses, which potentially may be unlimited. If the Fund is unable to borrow securities in connection with a short sale at an advantageous time or price, the Fund may be limited in its ability to pursue its short sale strategy or may incur losses. The use of short sales also exposes the Fund to leverage risk.
Risk/Return Bar Chart and Table
The bar chart and table shown below provide some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year-to-year and by showing how the Fund's average annual returns for the one-year, five-year, life-of-class and life-of-fund periods (as applicable) compare to those of a broad measure of market performance. The Fund's past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Updated performance information is available online at im.natixis.com and/or by calling the Fund toll-free at 800-225-5478.
The chart does not reflect any sales charge that you may be required to pay when you buy or redeem the Fund's shares. A sales charge will reduce your return.
Total Returns for Class Y Shares
Bar Chart
Highest Quarterly Return: First Quarter 2013, 12.67%
Lowest Quarterly Return: Fourth Quarter 2018, -15.44%
Average Annual Total Returns (for the periods ended December 31, 2019)
Average Annual Total Returns - (Vaughan Nelson Select Fund)
Past 1 Year
Past 5 Years
Life of Class N / Life of Fund
Inception Date
Class Y 27.81% 10.67% 14.73% Jun. 29, 2012
Class Y | Return After Taxes on Distributions 25.43% 9.11% 12.82% Jun. 29, 2012
Class Y | Return After Taxes on Distributions and Sale of Fund Shares 18.15% 8.27% 11.54% Jun. 29, 2012
Class A 20.12% 9.08% 13.54% Jun. 29, 2012
Class C 25.52% 9.58% 13.59% Jun. 29, 2012
Class N 27.85%   13.36% Mar. 31, 2017
Class T 24.29% 9.83% 14.05% Jun. 29, 2012
S&P 500® Index 31.49% 11.70% 14.51% Jun. 29, 2012
S&P 500® Index (3/31/17)     14.25% Mar. 31, 2017
The Fund did not have Class T shares outstanding during the periods shown above. The returns of Class T shares would have been substantially similar to the returns of the Fund's other share classes because they would have been invested in the same portfolio of securities and would only differ to the extent the other share classes did not have the same expenses. Performance of Class T shares shown above is that of Class A shares, which have the same expenses as Class T shares, restated to reflect the different sales load applicable to Class T shares.
After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their shares through tax-advantaged arrangements, such as 401(k) plans, qualified plans, education savings accounts, such as 529 plans, or individual retirement accounts. The after-tax returns are shown for only one class of the Fund. After-tax returns for the other classes of the Fund will vary. Index performance reflects no deduction for fees, expenses or taxes.
ZIP 16 0001683863-20-004317-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001683863-20-004317-xbrl.zip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end XML 17 R9.htm IDEA: XBRL DOCUMENT v3.20.1
Label Element Value
(Loomis Sayles Global Growth Fund)  
Prospectus: rr_ProspectusTable  
Objective [Heading] rr_ObjectiveHeading Investment Goal
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock
The Fund's investment goal is long-term growth of capital.
Expense [Heading] rr_ExpenseHeading Fund Fees & Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock
The following table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in this table. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Natixis Funds Complex. More information about these and other discounts is available from your financial professional and in the section "How Sales Charges Are Calculated" on page 31 of the Prospectus, in Appendix A to the Prospectus and on page 104 in the section "Reduced Sales Charges" of the Statement of Additional Information ("SAI").
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in this table. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Natixis Funds Complex.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 50,000
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination March 31, 2021
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Other expenses are estimated for the current fiscal year.
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A 1.00% contingent deferred sales charge ("CDSC") may apply to certain purchases of Class A shares of $1,000,000 or more that are redeemed within eighteen months of the date of purchase.
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock
This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods (except where indicated). The example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same, except that the example is based on the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement assuming that such waiver and/or reimbursement will only be in place through the dates noted above and on the Total Annual Fund Operating Expenses for the remaining periods. The example does not take into account brokerage commissions and other fees to financial intermediaries that you may pay on your purchases and sales of shares of the Fund. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption If shares are redeemed:
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption If shares are not redeemed:
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes for you if your Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During its most recently ended fiscal year, the Fund's portfolio turnover rate was 37% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 37.00%
Strategy [Heading] rr_StrategyHeading Investments, Risks and Performance Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock
Under normal market conditions, the Fund will invest primarily in equity securities, including common stocks and depositary receipts. The Fund will invest in securities that provide exposure to no fewer than three countries, which will include the U.S. In addition, the Fund will invest at least 40% of its assets in securities of companies that maintain their principal place of business or conduct their principal business activities outside the U.S., companies that have their securities traded on non-U.S. exchanges or companies that have been formed under the laws of non-U.S. countries. Notwithstanding the foregoing, the Adviser does not consider a security to be foreign if it is included in the U.S. equity indices published by S&P Global Ratings or Russell Investments or if the security's country of risk defined by Bloomberg is the United States. The Fund may also invest up to 30% of its assets in emerging markets securities. The Fund considers a security to be an emerging markets security if its country of risk as defined by Bloomberg is included within the MSCI Emerging & Frontier Markets Index. The Fund focuses on stocks of large capitalization companies, but the Fund may invest in companies of any size.
The Fund normally invests across a wide range of sectors and industries. The Fund's portfolio manager employs a growth style of equity management, which means that the Fund seeks to invest in companies with sustainable competitive advantages, long-term structural growth drivers, attractive cash flow returns on invested capital, and management teams focused on creating long-term value for shareholders. The Fund's portfolio manager also aims to invest in companies when they trade at a significant discount to the estimate of intrinsic value.
The Fund will consider selling a portfolio investment when the portfolio manager believes an unfavorable structural change occurs within a given business or the markets in which it operates, when a critical underlying investment assumption is flawed, when a more attractive reward-to-risk opportunity becomes available, when the current price fully reflects intrinsic value, or for other investment reasons which the portfolio manager deems appropriate.
The Fund may also engage in foreign currency transactions (including foreign currency forwards and foreign currency futures) for hedging purposes, invest in options for hedging and investment purposes and invest in securities issued pursuant to Rule 144A under the Securities Act of 1933 ("Rule 144A securities"). Under normal market conditions, the Adviser does not intend to hedge currency risk, which may cause the Fund to incur losses that would not have been incurred had the risk been hedged. Except as provided above, the Fund is not limited in the percentage of its assets that it may invest in these instruments.
Risk [Heading] rr_RiskHeading Principal Investment Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock
The principal risks of investing in the Fund are summarized below. The Fund does not represent a complete investment program. You may lose money by investing in the Fund.
The significance of any specific risk to an investment in the Fund will vary over time, depending on the composition of the Fund's portfolio, market conditions, and other factors. You should read all of the risk information presented below carefully, because any one or more of these risks may result in losses to the Fund.
Equity Securities Risk: The value of the Fund's investments in equity securities could be subject to unpredictable declines in the value of individual securities and periods of below-average performance in individual securities or in the equity market as a whole. Growth stocks are generally more sensitive to market movements than other types of stocks primarily because their stock prices are based heavily on future expectations. If the Adviser's assessment of the prospects for a company's growth is wrong, or if the Adviser's judgment of how other investors will value the company's growth is wrong, then the price of the company's stock may fall or not approach the value that the Adviser has placed on it. Value stocks also present the risk that their lower valuations fairly reflect their business prospects and that investors will not agree that the stocks represent favorable investment opportunities, and they may fall out of favor with investors and underperform growth stocks during any given period. In the event an issuer is liquidated or declares bankruptcy, the claims of owners of the issuer's bonds generally take precedence over the claims of those who own preferred stock or common stock.
Market/Issuer Risk: The market value of the Fund's investments will move up and down, sometimes rapidly and unpredictably, based upon overall market and economic conditions, as well as a number of reasons that directly relate to the issuers of the Fund's investments, such as management performance, financial condition and demand for the issuers' goods and services.
Management Risk: A strategy used by the Fund's portfolio manager may fail to produce the intended result.
Liquidity Risk: Liquidity risk is the risk that the Fund may be unable to find a buyer for its investments when it seeks to sell them or to receive the price it expects. Decreases in the number of financial institutions willing to make markets in the Fund's investments or in their capacity or willingness to transact may increase the Fund's exposure to this risk. Events that may lead to increased redemptions, such as market disruptions or increases in interest rates, may also negatively impact the liquidity of the Fund's investments when it needs to dispose of them. If the Fund is forced to sell its investments at an unfavorable time and/or under adverse conditions in order to meet redemption requests, such sales could negatively affect the Fund. Securities acquired in a private placement, such as Rule 144A securities, are generally subject to significant liquidity risk because they are subject to strict restrictions on resale and there may be no liquid secondary market or ready purchaser for such securities. Derivatives, and particularly over-the-counter ("OTC'") derivatives, are generally subject to liquidity risk as well. Liquidity issues may also make it difficult to value the Fund's investments.
Foreign Securities Risk: Investments in foreign securities may be subject to greater political, economic, environmental, credit/counterparty and information risks. The Fund's investments in foreign securities also are subject to foreign currency fluctuations and other foreign currency-related risks. Foreign securities may be subject to higher volatility than U.S. securities, varying degrees of regulation and limited liquidity.
Credit/Counterparty Risk: Credit/counterparty risk is the risk that the counterparty to a derivative or other transaction, will be unable or unwilling to make timely payments of interest or principal or to otherwise honor its obligations. The Fund will be subject to credit risk with respect to the counterparties of its derivatives transactions. Many of the protections afforded to participants on organized exchanges, such as the performance guarantee given by a central clearing house, are not available in connection with over-the-counter ("OTC") derivatives transactions, such as foreign currency transactions. As a result, in instances when the Fund enters into OTC derivatives transactions, the Fund will be subject to the risk that its counterparties will not perform their obligations under the transactions and that the Fund will sustain losses or be unable to realize gains.
Currency Risk: Fluctuations in the exchange rates between different currencies may negatively affect an investment. The Fund may be subject to currency risk because it invests in foreign currency forwards and foreign currency futures and invests in securities or other instruments denominated in, or that generate income denominated in, foreign currencies. Under normal market conditions, the Fund does not intend to hedge currency risk, which may cause the Fund to incur losses that would not have been incurred had the risk been hedged.
Cybersecurity and Technology Risk: The Fund, its service providers, and other market participants increasingly depend on complex information technology and communications systems, which are subject to a number of different threats and risks that could adversely affect the Fund and its shareholders. Cybersecurity and other operational and technology issues may result in financial losses to the Fund and its shareholders.
Derivatives Risk: Derivative instruments (such as those in which the Fund may invest, including foreign currency forwards, foreign currency futures and options) are subject to changes in the value of the underlying assets or indices on which such instruments are based. There is no guarantee that the use of derivatives will be effective or that suitable transactions will be available. Even a small investment in derivatives may give rise to leverage risk and can have a significant impact on the Fund's exposure to securities markets values, interest rates or currency exchange rates. It is possible that the Fund's liquid assets may be insufficient to support its obligations under its derivatives positions. The use of derivatives for other than hedging purposes may be considered a speculative activity, and involves greater risks than are involved in hedging. The use of derivatives may cause the Fund to incur losses greater than those that would have occurred had derivatives not been used. The Fund's use of derivatives involves other risks, such as the credit risk relating to the other party to a derivative contract (which is greater for forward currency contracts, swaps and other OTC derivatives), the risk of difficulties in pricing and valuation, the risk that changes in the value of a derivative may not correlate as expected with changes in the value of relevant assets, rates or indices; liquidity risk; allocation risk and the risk of losing more than the initial margin (if any) required to initiate derivatives positions. There is also the risk that the Fund may be unable to terminate or sell a derivative position at an advantageous time or price. The Fund's derivative counterparties may experience financial difficulties or otherwise be unwilling or unable to honor their obligations, possibly resulting in losses to the Fund.
Emerging Markets Risk: In addition to the risks of investing in foreign investments generally, emerging markets investments are subject to greater risks arising from political or economic instability, nationalization or confiscatory taxation, currency exchange restrictions, sanctions by the U.S. government and an issuer's unwillingness or inability to make principal or interest payments on its obligations. Emerging markets companies may be smaller and have shorter operating histories than companies in developed markets.
Large Investor Risk: Ownership of shares of the Fund may be concentrated in one or a few large investors. Such investors may redeem shares in large quantities or on a frequent basis. Redemptions by a large investor can affect the performance of the Fund, may increase realized capital gains, including short-term capital gains taxable as ordinary income, may accelerate the realization of taxable income to shareholders and may increase transaction costs. These transactions potentially limit the use of any capital loss carryforwards and certain other losses to offset future realized capital gains (if any). Such transactions may also increase the Fund's expenses.
Leverage Risk: Use of derivative instruments may involve leverage. Leverage is the risk associated with securities or practices that multiply small index, market or asset-price movements into larger changes in value. The use of leverage increases the impact of gains and losses on the Fund's returns, and may lead to significant losses if investments are not successful.
Small- and Mid-Capitalization Companies Risk: Compared to large-capitalization companies, small- and mid-capitalization companies are more likely to have limited product lines, markets or financial resources. Stocks of these companies often trade less frequently and in limited volume and their prices may fluctuate more than stocks of large-capitalization companies. As a result, it may be relatively more difficult for the Fund to buy and sell securities of small- and mid-capitalization companies.
Risk Lose Money [Text] rr_RiskLoseMoney You may lose money by investing in the Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Risk/Return Bar Chart and Table
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock
The bar chart and table shown below provide some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year to year and by showing how the Fund's average annual returns for the one-year, life-of-class and life-of-fund periods (as applicable) compare to those of a broad measure of market performance. The Fund's past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Updated performance information is available online at im.natixis.com and/or by calling the Fund toll-free at 800-225-5478.
The chart does not reflect any sales charge that you may be required to pay when you buy or redeem the Fund's shares. A sales charge will reduce your return.
Bar Chart [Heading] rr_BarChartHeading Total Returns for Class Y Shares
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The chart does not reflect any sales charge that you may be required to pay when you buy or redeem the Fund's shares. A sales charge will reduce your return.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
Highest Quarterly Return: First Quarter 2019, 17.84%
Lowest Quarterly Return: Fourth Quarter 2018, -12.53%
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2019)
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock
The Fund did not have Class T shares outstanding during the periods shown above. The returns of Class T shares would have been substantially similar to the returns of the Fund's other share classes because they would have been invested in the same portfolio of securities and would only differ to the extent the other share classes did not have the same expenses. Performance of Class T shares shown above is that of Class A shares, which have the same expenses as Class T shares, restated to reflect the different sales load applicable to Class T shares.
After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their shares through tax-advantaged arrangements, such as 401(k) plans, qualified plans, education savings accounts, such as 529 plans, or individual retirement accounts. The after-tax returns are shown for only one class of the Fund. After-tax returns for the other classes of the Fund will vary. Index performance reflects no deduction for fees, expenses or taxes.
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes Index performance reflects no deduction for fees, expenses or taxes.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their shares through tax-advantaged arrangements, such as 401(k) plans, qualified plans, education savings accounts, such as 529 plans, or individual retirement accounts.
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund's past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table shown below provide some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year to year and by showing how the Fund's average annual returns for the one-year, life-of-class and life-of-fund periods (as applicable) compare to those of a broad measure of market performance.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The after-tax returns are shown for only one class of the Fund. After-tax returns for the other classes of the Fund will vary.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress im.natixis.com
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 800-225-5478
(Loomis Sayles Global Growth Fund) | MSCI ACWI Index (Net)  
Prospectus: rr_ProspectusTable  
Past 1 Year rr_AverageAnnualReturnYear01 26.60%
Life of Class N / Life of Fund rr_AverageAnnualReturnSinceInception 11.97%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 31, 2016
(Loomis Sayles Global Growth Fund) | MSCI ACWI Index (Net) (3/31/17)  
Prospectus: rr_ProspectusTable  
Life of Class N / Life of Fund rr_AverageAnnualReturnSinceInception 10.89%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 31, 2017
(Loomis Sayles Global Growth Fund) | Class A  
Prospectus: rr_ProspectusTable  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.75%
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, as applicable) rr_MaximumDeferredSalesChargeOverOther none [1]
Redemption fees rr_RedemptionFee none
Management fees rr_ManagementFeesOverAssets 0.80%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.44%
Total annual fund operating expenses rr_ExpensesOverAssets 1.49%
Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets 0.24% [2],[3],[4]
Total annual fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 1.25%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 695
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 997
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,320
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 2,233
Past 1 Year rr_AverageAnnualReturnYear01 22.69%
Life of Class N / Life of Fund rr_AverageAnnualReturnSinceInception 13.19%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 31, 2016
(Loomis Sayles Global Growth Fund) | Class C  
Prospectus: rr_ProspectusTable  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, as applicable) rr_MaximumDeferredSalesChargeOverOther 1.00%
Redemption fees rr_RedemptionFee none
Management fees rr_ManagementFeesOverAssets 0.80%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other expenses rr_OtherExpensesOverAssets 0.43%
Total annual fund operating expenses rr_ExpensesOverAssets 2.23%
Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets 0.23% [2],[3],[4]
Total annual fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 2.00%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 303
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 675
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,174
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,547
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 203
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 675
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,174
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,547
Past 1 Year rr_AverageAnnualReturnYear01 28.24%
Life of Class N / Life of Fund rr_AverageAnnualReturnSinceInception 14.11%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 31, 2016
(Loomis Sayles Global Growth Fund) | Class N  
Prospectus: rr_ProspectusTable  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, as applicable) rr_MaximumDeferredSalesChargeOverOther none
Redemption fees rr_RedemptionFee none
Management fees rr_ManagementFeesOverAssets 0.80%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.42%
Total annual fund operating expenses rr_ExpensesOverAssets 1.22%
Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets 0.27% [3],[4]
Total annual fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.95%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 97
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 360
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 644
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,453
Past 1 Year rr_AverageAnnualReturnYear01 30.58%
Life of Class N / Life of Fund rr_AverageAnnualReturnSinceInception 15.28%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 31, 2017
(Loomis Sayles Global Growth Fund) | Class T  
Prospectus: rr_ProspectusTable  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 2.50%
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, as applicable) rr_MaximumDeferredSalesChargeOverOther none
Redemption fees rr_RedemptionFee none
Management fees rr_ManagementFeesOverAssets 0.80%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.44% [5]
Total annual fund operating expenses rr_ExpensesOverAssets 1.49%
Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets 0.24% [2],[3],[4]
Total annual fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 1.25%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 374
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 686
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,021
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,965
Past 1 Year rr_AverageAnnualReturnYear01 26.97%
Life of Class N / Life of Fund rr_AverageAnnualReturnSinceInception 14.21%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 31, 2016
(Loomis Sayles Global Growth Fund) | Class Y  
Prospectus: rr_ProspectusTable  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, as applicable) rr_MaximumDeferredSalesChargeOverOther none
Redemption fees rr_RedemptionFee none
Management fees rr_ManagementFeesOverAssets 0.80%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.43%
Total annual fund operating expenses rr_ExpensesOverAssets 1.23%
Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets 0.23% [2],[3],[4]
Total annual fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 1.00%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 102
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 368
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 654
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,468
Annual Return 2017 rr_AnnualReturn2017 32.00%
Annual Return 2018 rr_AnnualReturn2018 (6.71%)
Annual Return 2019 rr_AnnualReturn2019 30.58%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarterly Return: First Quarter 2019, 17.84%
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 17.84%
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2019
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarterly Return: Fourth Quarter 2018, -12.53%
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (12.53%)
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Past 1 Year rr_AverageAnnualReturnYear01 30.58%
Life of Class N / Life of Fund rr_AverageAnnualReturnSinceInception 15.29%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 31, 2016
(Loomis Sayles Global Growth Fund) | Class Y | Return After Taxes on Distributions  
Prospectus: rr_ProspectusTable  
Past 1 Year rr_AverageAnnualReturnYear01 28.89%
Life of Class N / Life of Fund rr_AverageAnnualReturnSinceInception 14.05%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 31, 2016
(Loomis Sayles Global Growth Fund) | Class Y | Return After Taxes on Distributions and Sale of Fund Shares  
Prospectus: rr_ProspectusTable  
Past 1 Year rr_AverageAnnualReturnYear01 19.30%
Life of Class N / Life of Fund rr_AverageAnnualReturnSinceInception 11.91%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 31, 2016
(Loomis Sayles Senior Floating Rate and Fixed Income Fund)  
Prospectus: rr_ProspectusTable  
Objective [Heading] rr_ObjectiveHeading Investment Goal
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock
The Fund seeks to provide a high level of current income.
Expense [Heading] rr_ExpenseHeading Fund Fees & Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock
The following table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in this table. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $100,000 in the Natixis Funds Complex. More information about these and other discounts is available from your financial professional and in the section "How Sales Charges Are Calculated" on page 31 of the Prospectus, in Appendix A to the Prospectus and on page 104 in the section "Reduced Sales Charges" of the Statement of Additional Information ("SAI").
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in this table. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $100,000 in the Natixis Funds Complex.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 100,000
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination March 31, 2021
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Other expenses are estimated for the current fiscal year.
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A 1.00% contingent deferred sales charge ("CDSC") may apply to certain purchases of Class A shares of $1,000,000 or more that are redeemed within eighteen months of the date of purchase.
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock
This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods (except where indicated). The example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same, except that the example is based on the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement assuming that such waiver and/or reimbursement will only be in place through the dates noted above and on the Total Annual Fund Operating Expenses for the remaining periods. This example does not take into account brokerage commissions and other fees to financial intermediaries that you may pay on your purchases and sales of shares of the Fund. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption If shares are redeemed:
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption If shares are not redeemed:
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes for you if your Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During its most recently ended fiscal year, the Fund's portfolio turnover rate was 52% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 52.00%
Strategy [Heading] rr_StrategyHeading Investments, Risks and Performance Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock
Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings made for investment purposes) in a combination of adjustable floating rate loans and other floating rate debt instruments issued by U.S. and non-U.S. corporations or other business entities and fixed-income securities, including derivatives that reference the returns of these instruments.
Under normal market conditions, the Fund will invest at least 65% of its net assets (plus any borrowings made for investment purposes) in floating rate loans that either hold a senior position in the capital structure of the borrower, hold an equal ranking with other senior debt, or have characteristics (such as a senior position secured by liens with other senior debt) that the Adviser believes justify treatment as senior debt ("Senior Loans"). The Fund may invest in Senior Loans directly as an original lender or by assignment from a lender, or it may invest indirectly through participation agreements, interests in collateralized loan obligations ("CLOs") and derivatives that reference such instruments. Derivatives that reference the returns of Senior Loans may pay returns at fixed rather than variable rates. The Fund's investments may also include, but are not limited to, subordinated loans, below investment grade corporate bonds and investment grade fixed-income debt securities. The fixed-income securities in which the Fund may invest include preferred stocks. The Fund may invest in pay-in-kind ("PIK") securities and zero-coupon securities. The Fund may receive debt, equity or other securities or instruments as a result of the general restructuring of the debt of an issuer, the restructuring of a floating rate loan or as part of a package of securities acquired with a loan.
The Fund may invest any portion of its assets in securities of Canadian issuers and up to 20% of its net assets (plus any borrowings made for investment purposes) in other foreign securities, including up to 10% of its net assets (plus any borrowings made for investment purposes) in emerging market securities. Although certain securities purchased by the Fund may be issued by domestic companies incorporated outside of the United States, the Adviser does not consider these securities to be foreign if the issuer is included in the U.S. fixed-income indices published by Bloomberg Barclays.
Floating rate loans are debt obligations that have interest rates that adjust or "float" periodically (normally on a monthly or quarterly basis) based on a generally recognized base rate, such as the London Inter-Bank Offered Rate ("LIBOR") or the prime rate offered by one or more major U.S. banks. Floating rate loans are generally unrated or rated less than investment grade and may be subject to restrictions on resale. The Fund may invest without limit in securities of any rating, including those that are in default. The Fund has no requirements as to the range of maturities of the debt instruments in which it can invest or as to the market capitalization of the issuers of those instruments.
The Fund can borrow up to one-third of the Fund's assets (including the amount borrowed) and use other techniques to purchase investments, to manage its cash flow or to redeem shares, a technique referred to as "leverage." The Fund may also use derivative instruments, including, but not limited to, futures contracts, forward contracts, swaps (including, among others, credit default swaps, credit default swap indices, loan-only credit default swaps and loan-only credit default swap indices) and structured notes to try to increase the Fund's leverage, to enhance income, to hedge against fluctuations in interest rates or currency exchange rates, and/or as a substitute for the purchase or sale of securities.
The Fund may also invest in securities issued pursuant to Rule 144A under the Securities Act of 1933 ("Rule 144A securities"), convertible securities, exchange-traded funds ("ETFs"), and mortgage-related securities, including adjustable rate mortgage securities and collateralized mortgage obligations, asset-backed securities, and U.S. government securities (including its agencies, instrumentalities and sponsored entities). The Fund may also engage in currency-related transactions. Except as provided above, the Fund is not limited in the percentage of its assets that it may invest in these instruments.
When deciding which securities to buy and sell, the Adviser will consider credit quality and whether credit quality is improving or declining, as well as return potential, in the context of market and economic risks. In addition to security selection, the Adviser expects to use cycle evaluation in conjunction with sector rotation in an effort to enhance or offset cyclical influences.
The Fund is "non-diversified." As a non-diversified fund, the Fund may invest a greater percentage of its assets in a particular issuer and may invest in fewer issuers, as compared with other mutual funds that are diversified.
The Fund expects to engage in active and frequent trading of securities and other instruments. Effects of frequent trading may include high transaction costs, which may lower the Fund's return, and realization of short-term capital gains, distributions of which are taxable to shareholders who are individuals as ordinary income. Trading costs and tax effects associated with frequent trading may adversely affect the Fund's performance.
With the exception of the 80% test described above, the percentage limitations set forth herein are not investment restrictions and the Fund may exceed these limits from time to time. In addition, when calculating these exposures, the Fund may use the notional value or an adjusted notional value of a derivative to reflect what the Adviser believes to be the most accurate assessment of the Fund's real economic exposure.
Risk [Heading] rr_RiskHeading Principal Investment Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock
The principal risks of investing in the Fund are summarized below. The Fund does not represent a complete investment program. You may lose money by investing in the Fund.
The significance of any specific risk to an investment in the Fund will vary over time, depending on the composition of the Fund's portfolio, market conditions, and other factors. You should read all of the risk information presented below carefully, because any one or more of these risks may result in losses to the Fund.
Senior Loans Risk: The risks associated with Senior Loans are similar to the risks of investing in below investment-grade securities. The Senior Loans in which the Fund invests will generally not be rated investment grade by the rating agencies. Economic downturns generally lead to higher non-payment rates and a Senior Loan could lose a substantial part of its value prior to default. Senior Loans are subject to credit risk, and secured Senior Loans may not be adequately collateralized. The interest rates of Senior Loans reset frequently, and thus Senior Loans are subject to interest rate risk. Senior Loans are generally less liquid than many other debt securities and there may also be less public information available about Senior Loans as compared to other debt securities. Senior Loans may be difficult to value and may be subject to restrictions on resale, irregular trading activity, wide bid/ask spreads and extended trade settlement periods. Transactions in Senior Loans may take significantly longer than seven days to settle and, as a result, proceeds related to the sale of Senior Loans may not be readily available to make additional investments or to meet the Fund's redemption obligations. In order to satisfy redemption requests pending settlement of Senior Loans, the Fund may take a variety of measures, including, without limitation drawing on its cash and other short term positions and borrowing from banks (including under the Fund's line of credit), all of which may adversely affect the Fund's performance. With limited exceptions, the Adviser will take steps intended to ensure that it does not receive material non-public information about the issuers of Senior Loans who also issue publicly traded securities, and therefore the Adviser may have less information than other investors about certain of the Senior Loans in which it seeks to invest. Investing in Senior Loan participations exposes the Fund to the credit of the counterparty issuing the participation in addition to the credit of the ultimate borrower.
Liquidity Risk: Liquidity risk is the risk that the Fund may be unable to find a buyer for its investments when it seeks to sell them or to receive the price it expects. Decreases in the number of financial institutions willing to make markets in the Fund's investments or in their capacity or willingness to transact may increase the Fund's exposure to this risk. Events that may lead to increased redemptions, such as market disruptions or increases in interest rates, may also negatively impact the liquidity of the Fund's investments when it needs to dispose of them. If the Fund is forced to sell its investments at an unfavorable time and/or under adverse conditions in order to meet redemption requests, such sales could negatively affect the Fund. Securities acquired in a private placement, such as Rule 144A securities, are generally subject to significant liquidity risk because they are subject to strict restrictions on resale and there may be no liquid secondary market or ready purchaser for such securities. Derivatives, and particularly over-the-counter ("OTC'") derivatives, are generally subject to liquidity risk as well. Liquidity issues may also make it difficult to value the Fund's investments.
Below Investment Grade Fixed-Income Securities Risk: The Fund's investments in below investment grade fixed-income securities, also known as "junk bonds," may be subject to greater risks than other fixed-income securities, including being subject to greater levels of interest rate risk, credit/counterparty risk (including a greater risk of default) and liquidity risk. The ability of the issuer to make principal and interest payments is predominantly speculative for below investment grade fixed-income securities.
Credit/Counterparty Risk: Credit/counterparty risk is the risk that the issuer or guarantor of a fixed-income security, or the counterparty to a derivative or other transaction, will be unable or unwilling to make timely payments of interest or principal or to otherwise honor its obligations. In the event of bankruptcy of a borrower, the Fund could experience delays or limitations with respect to its ability to realize the benefits of the collateral securing a Senior Loan. Senior Loans and other floating rate securities that are rated below investment-grade are considered predominantly speculative with respect to the ability of the issuer to make timely principal and interest payments. The value of loans made to such borrowers is likely to be more sensitive to adverse news about the borrower, markets or economy. The Fund will be subject to credit risk with respect to the counterparties of its derivatives transactions. Many of the protections afforded to participants on organized exchanges, such as the performance guarantee given by a central clearing house, are not available in connection with OTC derivatives trasactions, such as foreign currency transactions. As a result, in instances when the Fund enters into OTC derivatives transactions, the Fund will be subject to the risk that its counterparties will not perform their obligations under the transactions and that the Fund will sustain losses or be unable to realize gains.
Cybersecurity and Technology Risk: The Fund, its service providers, and other market participants increasingly depend on complex information technology and communications systems, which are subject to a number of different threats and risks that could adversely affect the Fund and its shareholders. Cybersecurity and other operational and technology issues may result in financial losses to the Fund and its shareholders.
Management Risk: A strategy used by the Fund's portfolio managers may fail to produce the intended result.
Borrowing and Leverage Risk: Borrowing and other investment techniques that utilize leverage, including use of derivatives, will increase the Fund's exposure to fluctuations in the prices of its assets and, therefore, the volatility of its share price. This magnifies the potential for gain and the risk of loss. Leverage may also cause the Fund to liquidate positions at unfavorable times or prices. The costs of leverage, such as interest on borrowed funds, will increase the Fund's expenses.
Derivatives Risk: Derivative instruments (such as those in which the Fund may invest, including futures contracts, forward contracts, swaps and structured notes) are subject to changes in the value of the underlying assets or indices on which such instruments are based. There is no guarantee that the use of derivatives will be effective or that suitable transactions will be available. Even a small investment in derivatives may give rise to leverage risk and can have a significant impact on the Fund's exposure to securities markets values, interest rates or currency exchange rates. It is possible that the Fund's liquid assets may be insufficient to support its obligations under its derivatives positions. The use of derivatives for other than hedging purposes may be considered a speculative activity, and involves greater risks than are involved in hedging. The use of derivatives may cause the Fund to incur losses greater than those that would have occurred had derivatives not been used. The Fund's use of derivatives involves other risks, such as the credit risk relating to the other party to a derivative contract (which is greater for forward currency contracts, swaps and other OTC derivatives), the risk of difficulties in pricing and valuation, the risk that changes in the value of a derivative may not correlate as expected with changes in the value of relevant assets, rates or indices; liquidity risk; allocation risk and the risk of losing more than the initial margin (if any) required to initiate derivatives positions. There is also the risk that the Fund may be unable to terminate or sell a derivative position at an advantageous time or price. The Fund's derivative counterparties may experience financial difficulties or otherwise be unwilling or unable to honor their obligations, possibly resulting in losses to the Fund.
Emerging Markets Risk: In addition to the risks of investing in foreign investments generally, emerging markets investments are subject to greater risks arising from political or economic instability, nationalization or confiscatory taxation, currency exchange restrictions, sanctions by the U.S. government and an issuer's unwillingness or inability to make principal or interest payments on its obligations. Emerging markets companies may be smaller and have shorter operating histories than companies in developed markets.
Foreign Securities Risk: Investments in foreign securities may be subject to greater political, economic, environmental, credit/counterparty and information risks. The Fund's investments in foreign securities also are subject to foreign currency fluctuations and other foreign currency-related risks. Foreign securities may be subject to higher volatility than U.S. securities, varying degrees of regulation and limited liquidity.
Interest Rate Risk: Interest rate risk is the risk that the value of the Fund's investments will fall if interest rates rise. Generally, the value of fixed-income securities rises when prevailing interest rates fall and falls when interest rates rise. Interest rate risk generally is greater for funds that invest in fixed-income securities with relatively longer durations than for funds that invest in fixed-income securities with shorter durations. Senior Loans typically have adjustable interest rates. As a result, it is expected that the values of Senior Loans held by the Fund will fluctuate less in response to interest rate changes than will fixed-rate debt securities; however, the interest rates paid by these loans will generally decrease if interest rates fall. Senior Loans and other fixed-income securities are subject to the risk that borrowers pay off the debts sooner than expected, possibly requiring the Fund to re-invest in lower-yielding securities. The value of zero-coupon and pay-in-kind bonds may be more sensitive to fluctuations in interest rates than other fixed-income securities. In addition, an economic downturn or period of rising interest rates could adversely affect the market for these securities and reduce the Fund's ability to sell them, negatively impacting the performance of the Fund. Potential future changes in government monetary policy may affect the level of interest rates.
Investments in Other Investment Companies Risk: The Fund will indirectly bear the management, service and other fees of any other investment companies, including ETFs, in which it invests in addition to its own expenses.
LIBOR Risk: LIBOR risk is the risk that the transition away from the London Interbank Offered Rate ("LIBOR") may lead to increased volatility and illiquidity in markets that are tied to LIBOR. LIBOR is a benchmark interest rate that is used extensively as a "reference rate" for financial instruments, including many corporate and municipal bonds, senior loans, asset-backed and mortgage-related securities, interest rate swaps and other derivatives. Additionally, the Fund may borrow money at rates that are based on LIBOR. In July 2017, the head of the United Kingdom Financial Conduct Authority, the agency that oversees LIBOR, announced that after 2021 it will cease its active encouragement of banks to provide the quotations needed to sustain LIBOR. That announcement suggests that LIBOR may cease to be published after that time. The transition away from LIBOR poses a number of other risks, including changed values of LIBOR-related investments and reduced effectiveness of hedging strategies, each of which may adversely affect the Fund's performance.
Market/Issuer Risk: The market value of the Fund's investments will move up and down, sometimes rapidly and unpredictably, based upon overall market and economic conditions, as well as a number of reasons that directly relate to the issuers of the Fund's investments, such as management performance, financial condition and demand for the issuers' goods and services.
Mortgage-Related and Asset-Backed Securities Risk: In addition to the risks associated with investments in fixed-income securities generally (for example, credit, liquidity and valuation risk), mortgage-related and asset-backed securities are subject to the risks of the mortgages and assets underlying the securities as well as prepayment risk, the risk that the securities may be prepaid and result in the reinvestment of the prepaid amounts in securities with lower yields than the prepaid obligations. Conversely, there is a risk that a rise in interest rates will extend the life of a mortgage-related or asset-backed security beyond the expected prepayment time, typically reducing the security's value, which is called extension risk. The Fund also may incur a loss when there is a prepayment of securities that were purchased at a premium. The Fund's investments in other asset-backed securities are subject to risks similar to those associated with mortgage-related securities, as well as additional risks associated with the nature of the assets and the servicing of those assets.
Non-Diversification Risk: Compared with other mutual funds, the Fund may invest a greater percentage of its assets in a particular issuer and may invest in fewer issuers. Therefore, the Fund may have more risk because changes in the value of a single security or the impact of a single economic, political or regulatory occurrence may have a greater adverse impact on the Fund's net asset value.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk: Compared with other mutual funds, the Fund may invest a greater percentage of its assets in a particular issuer and may invest in fewer issuers. Therefore, the Fund may have more risk because changes in the value of a single security or the impact of a single economic, political or regulatory occurrence may have a greater adverse impact on the Fund's net asset value.
Risk Lose Money [Text] rr_RiskLoseMoney You may lose money by investing in the Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Risk/Return Bar Chart and Table
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock
The bar chart and table shown below provide some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year-to-year and by showing how the Fund's average annual returns for the one-year, five-year, life-of-class and life-of-fund periods (as applicable) compare to those of a broad measure of market performance. The Fund's past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Updated performance information is available online at im.natixis.com and/or by calling the Fund toll-free at 800-225-5478.
The chart does not reflect any sales charge that you may be required to pay when you buy or redeem the Fund's shares. A sales charge will reduce your return.
Bar Chart [Heading] rr_BarChartHeading Total Returns for Class Y Shares
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The chart does not reflect any sales charge that you may be required to pay when you buy or redeem the Fund's shares. A sales charge will reduce your return.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
Highest Quarterly Return: First Quarter 2012, 5.09%
Lowest Quarterly Return: Fourth Quarter 2018, -3.02%
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2019)
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock
The Fund did not have Class T shares outstanding during the periods shown above. The returns of Class T shares would have been substantially similar to the returns of the Fund's other share classes because they would have been invested in the same portfolio of securities and would only differ to the extent the other share classes did not have the same expenses. Performance of Class T shares shown above is that of Class A shares, which have the same expenses as Class T shares, restated to reflect the different sales load applicable to Class T shares.
After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their shares through tax-advantaged arrangements, such as 401(k) plans, qualified plans, education savings accounts, such as 529 plans, or individual retirement accounts. The after-tax returns are shown for only one class of the Fund. After-tax returns for the other classes of the Fund will vary. Index performance reflects no deduction for fees, expenses or taxes.
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes Index performance reflects no deduction for fees, expenses or taxes.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their shares through tax-advantaged arrangements, such as 401(k) plans, qualified plans, education savings accounts, such as 529 plans, or individual retirement accounts.
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund's past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table shown below provide some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year-to-year and by showing how the Fund's average annual returns for the one-year, five-year, life-of-class and life-of-fund periods (as applicable) compare to those of a broad measure of market performance.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The after-tax returns are shown for only one class of the Fund. After-tax returns for the other classes of the Fund will vary.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress im.natixis.com
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 800-225-5478
(Loomis Sayles Senior Floating Rate and Fixed Income Fund) | S&P / LSTA Leveraged Loan Index  
Prospectus: rr_ProspectusTable  
Past 1 Year rr_AverageAnnualReturnYear01 8.61%
Past 5 Years rr_AverageAnnualReturnYear05 4.43%
Life of Class N / Life of Fund rr_AverageAnnualReturnSinceInception 4.99%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2011
(Loomis Sayles Senior Floating Rate and Fixed Income Fund) | S&P / LSTA Leveraged Loan Index (3/31/17)  
Prospectus: rr_ProspectusTable  
Life of Class N / Life of Fund rr_AverageAnnualReturnSinceInception 4.33%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 31, 2017
(Loomis Sayles Senior Floating Rate and Fixed Income Fund) | Class A  
Prospectus: rr_ProspectusTable  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 3.50%
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, as applicable) rr_MaximumDeferredSalesChargeOverOther none [6]
Redemption fees rr_RedemptionFee none
Management fees rr_ManagementFeesOverAssets 0.60%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.24%
Total annual fund operating expenses rr_ExpensesOverAssets 1.09%
Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets 0.03% [4],[7]
Total annual fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 1.06%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 454
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 682
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 927
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,630
Past 1 Year rr_AverageAnnualReturnYear01 1.47%
Past 5 Years rr_AverageAnnualReturnYear05 3.16%
Life of Class N / Life of Fund rr_AverageAnnualReturnSinceInception 4.80%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2011
(Loomis Sayles Senior Floating Rate and Fixed Income Fund) | Class C  
Prospectus: rr_ProspectusTable  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, as applicable) rr_MaximumDeferredSalesChargeOverOther 1.00%
Redemption fees rr_RedemptionFee none
Management fees rr_ManagementFeesOverAssets 0.60%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other expenses rr_OtherExpensesOverAssets 0.24%
Total annual fund operating expenses rr_ExpensesOverAssets 1.84%
Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets 0.03% [4],[7]
Total annual fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 1.81%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 284
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 576
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 993
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,156
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 184
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 576
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 993
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,156
Past 1 Year rr_AverageAnnualReturnYear01 3.39%
Past 5 Years rr_AverageAnnualReturnYear05 3.11%
Life of Class N / Life of Fund rr_AverageAnnualReturnSinceInception 4.47%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2011
(Loomis Sayles Senior Floating Rate and Fixed Income Fund) | Class N  
Prospectus: rr_ProspectusTable  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, as applicable) rr_MaximumDeferredSalesChargeOverOther none
Redemption fees rr_RedemptionFee none
Management fees rr_ManagementFeesOverAssets 0.60%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.51%
Total annual fund operating expenses rr_ExpensesOverAssets 1.11%
Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets 0.35% [4],[7]
Total annual fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.76%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 78
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 318
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 578
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,320
Past 1 Year rr_AverageAnnualReturnYear01 5.47%
Life of Class N / Life of Fund rr_AverageAnnualReturnSinceInception 3.48%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 31, 2017
(Loomis Sayles Senior Floating Rate and Fixed Income Fund) | Class T  
Prospectus: rr_ProspectusTable  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 2.50%
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, as applicable) rr_MaximumDeferredSalesChargeOverOther none
Redemption fees rr_RedemptionFee none
Management fees rr_ManagementFeesOverAssets 0.60%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.24% [5]
Total annual fund operating expenses rr_ExpensesOverAssets 1.09%
Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets 0.03% [4],[7]
Total annual fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 1.06%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 355
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 585
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 833
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,543
Past 1 Year rr_AverageAnnualReturnYear01 2.52%
Past 5 Years rr_AverageAnnualReturnYear05 3.37%
Life of Class N / Life of Fund rr_AverageAnnualReturnSinceInception 4.93%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2011
(Loomis Sayles Senior Floating Rate and Fixed Income Fund) | Class Y  
Prospectus: rr_ProspectusTable  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, as applicable) rr_MaximumDeferredSalesChargeOverOther none
Redemption fees rr_RedemptionFee none
Management fees rr_ManagementFeesOverAssets 0.60%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.24%
Total annual fund operating expenses rr_ExpensesOverAssets 0.84%
Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets 0.03% [4],[7]
Total annual fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.81%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 83
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 265
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 463
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,034
Annual Return 2012 rr_AnnualReturn2012 12.04%
Annual Return 2013 rr_AnnualReturn2013 6.39%
Annual Return 2014 rr_AnnualReturn2014 2.41%
Annual Return 2015 rr_AnnualReturn2015 (1.14%)
Annual Return 2016 rr_AnnualReturn2016 11.51%
Annual Return 2017 rr_AnnualReturn2017 5.06%
Annual Return 2018 rr_AnnualReturn2018 0.39%
Annual Return 2019 rr_AnnualReturn2019 5.41%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarterly Return: First Quarter 2012, 5.09%
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 5.09%
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2012
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarterly Return: Fourth Quarter 2018, -3.02%
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (3.02%)
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Past 1 Year rr_AverageAnnualReturnYear01 5.41%
Past 5 Years rr_AverageAnnualReturnYear05 4.16%
Life of Class N / Life of Fund rr_AverageAnnualReturnSinceInception 5.52%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2011
(Loomis Sayles Senior Floating Rate and Fixed Income Fund) | Class Y | Return After Taxes on Distributions  
Prospectus: rr_ProspectusTable  
Past 1 Year rr_AverageAnnualReturnYear01 2.72%
Past 5 Years rr_AverageAnnualReturnYear05 1.57%
Life of Class N / Life of Fund rr_AverageAnnualReturnSinceInception 2.91%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2011
(Loomis Sayles Senior Floating Rate and Fixed Income Fund) | Class Y | Return After Taxes on Distributions and Sale of Fund Shares  
Prospectus: rr_ProspectusTable  
Past 1 Year rr_AverageAnnualReturnYear01 3.18%
Past 5 Years rr_AverageAnnualReturnYear05 2.01%
Life of Class N / Life of Fund rr_AverageAnnualReturnSinceInception 3.10%
Inception Date rr_AverageAnnualReturnInceptionDate Sep. 30, 2011
(Vaughan Nelson Select Fund)  
Prospectus: rr_ProspectusTable  
Objective [Heading] rr_ObjectiveHeading Investment Goal
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock
The Fund seeks long-term capital appreciation.
Expense [Heading] rr_ExpenseHeading Fund Fees & Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock
The following table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in this table. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Natixis Funds Complex. More information about these and other discounts is available from your financial professional and in the section "How Sales Charges Are Calculated" on page 31 of the Prospectus, in Appendix A to the Prospectus and on page 104 in the section "Reduced Sales Charges" of the Statement of Additional Information ("SAI").
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in this table. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Natixis Funds Complex.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 50,000
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination March 31, 2021
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates Other expenses are estimated for the current fiscal year.
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A 1.00% contingent deferred sales charge ("CDSC") may apply to certain purchases of Class A shares of $1,000,000 or more that are redeemed within eighteen months of the date of purchase.
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock
This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods (except where indicated). The example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same, except that the example is based on the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement assuming that such waiver and/or reimbursement will only be in place through the date noted above and on the Total Annual Fund Operating Expenses for the remaining periods. The example does not take into account brokerage commissions and other fees to financial intermediaries that you may pay on your purchases and sales of shares of the Fund. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption If shares are redeemed:
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption If shares are not redeemed:
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes for you if your Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During its most recently ended fiscal year, the Fund's portfolio turnover rate was 51% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 51.00%
Strategy [Heading] rr_StrategyHeading Investments, Risks and Performance Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock
The Fund, under normal market conditions, will invest primarily in equity securities, including common stocks, preferred stocks, limited partnership interests, interests in limited liability companies, real estate investment trusts ("REITs") or other trusts and similar securities. The Fund is non-diversified, which means that it may invest a greater percentage of its assets in a particular issuer and may invest in fewer issuers than a diversified fund. Typically, the Fund's portfolio will hold 20 to 40 securities. The Fund may invest in companies with any market capitalization, although, it will typically focus its investments in mid- to large-capitalization companies. When opportunities present themselves, the Fund may establish short positions in specific equity securities or indices. While the Fund typically invests in equity securities, it may also invest in debt securities, including below investment grade fixed-income securities (commonly known as "junk bonds"). A fixed-income security is considered below investment grade quality when none of the three major rating agencies (Moody's Investors Service, Inc., Fitch Investor Services, Inc. or S&P Global Ratings) have rated the securities in one of their top four ratings categories.
Vaughan Nelson invests in companies of all market capitalizations with a focus on those companies meeting Vaughan Nelson's return expectations.
Vaughan Nelson uses a bottom-up value oriented investment process in constructing the Fund's portfolio. Vaughan Nelson seeks companies with the following characteristics, although not all of the companies selected will have these attributes:
  • Companies earning a positive return on capital with stable-to-improving returns.
  • Companies valued at discount to their asset value.
  • Companies with an attractive and sustainable dividend level.
In selecting investments for the Fund, Vaughan Nelson generally employs the following strategies:
  • Vaughan Nelson employs a value-driven investment philosophy that selects securities selling at a relatively low value based on discounted cash flow models. Vaughan Nelson selects companies that it believes are out-of-favor or misunderstood.
  • Vaughan Nelson starts with the entire U.S. exchange-traded equity investment universe. Vaughan Nelson then narrows the investment universe by using fundamental analysis to construct a portfolio of 20 to 40 securities.
  • Vaughan Nelson uses fundamental analysis to construct a portfolio that, in the opinion of Vaughan Nelson, is made up of quality companies with the potential to provide significant increases in share price over a three year period.
  • Vaughan Nelson will also employ its value driven investment philosophy to identify out-of-favor or misunderstood debt securities.
  • Vaughan Nelson will generally sell a security when it reaches Vaughan Nelson's price target or when the issuer shows a change in financial condition, competitive pressures, poor management decisions or internal or external forces reducing future expected returns from the investment thesis.
The Fund also may:
  • Invest in convertible preferred stock and convertible debt securities.
  • Invest in publicly traded master limited partnerships.
  • Invest in foreign securities, including emerging market securities, traded in U.S. markets directly or through depositary receipt programs such as American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs").
  • Invest in REITs.
  • Invest in securities offered in initial public offerings ("IPOs") and securities issued pursuant to Rule 144A under the Securities Act of 1933 ("Rule 144A securities").
  • Invest in derivative securities, such as options, for hedging and investment purposes.
Risk [Heading] rr_RiskHeading Principal Investment Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock
The principal risks of investing in the Fund are summarized below. The Fund does not represent a complete investment program. You may lose money by investing in the Fund.
The significance of any specific risk to an investment in the Fund will vary over time, depending on the composition of the Fund's portfolio, market conditions, and other factors. You should read all of the risk information presented below carefully, because any one or more of these risks may result in losses to the Fund.
Equity Securities Risk: The value of the Fund's investments in equity securities could be subject to unpredictable declines in the value of individual securities and periods of below-average performance in individual securities or in the equity market as a whole. Securities issued in IPOs tend to involve greater market risk than other equity securities due, in part, to public perception and the lack of publicly available information and trading history. In the event an issuer is liquidated or declares bankruptcy, the claims of owners of the issuer's bonds generally take precedence over the claims of those who own preferred stock or common stock.
Non-Diversification Risk: Compared with other mutual funds, the Fund may invest a greater percentage of its assets in a particular issuer and may invest in fewer issuers. Therefore, the Fund may have more risk because changes in the value of a single security or the impact of a single economic, political or regulatory occurrence may have a greater adverse impact on the Fund's net asset value.
Market/Issuer Risk: The market value of the Fund's investments will move up and down, sometimes rapidly and unpredictably, based upon overall market and economic conditions, as well as a number of reasons that directly relate to the issuers of the Fund's investments, such as management performance, financial condition and demand for the issuers' goods and services.
Management Risk: A strategy used by the Fund's portfolio managers may fail to produce the intended result.
Derivatives Risk: Derivative instruments (such as those in which the Fund may invest, including options) are subject to changes in the value of the underlying assets or indices on which such instruments are based. There is no guarantee that the use of derivatives will be effective or that suitable transactions will be available. Even a small investment in derivatives may give rise to leverage risk and can have a significant impact on the Fund's exposure to securities markets values, interest rates or currency exchange rates. It is possible that the Fund's liquid assets may be insufficient to support its obligations under its derivatives positions. The use of derivatives for other than hedging purposes may be considered a speculative activity, and involves greater risks than are involved in hedging. The use of derivatives may cause the Fund to incur losses greater than those that would have occurred had derivatives not been used. The Fund's use of derivatives involves other risks, such as the credit risk relating to the other party to a derivative contract, which is greater for OTC derivatives, the risk of difficulties in pricing and valuation, the risk that changes in the value of a derivative may not correlate as expected with changes in the value of relevant assets, rates or indices; liquidity risk; allocation risk and the risk of losing more than the initial margin (if any) required to initiate derivatives positions. There is also the risk that the Fund may be unable to terminate or sell a derivative position at an advantageous time or price. The Fund's derivative counterparties may experience financial difficulties or otherwise be unwilling or unable to honor their obligations, possibly resulting in losses to the Fund.
Below Investment Grade Fixed-Income Securities Risk: The Fund's investments in below investment grade fixed-income securities, also known as "junk bonds," may be subject to greater risks than other fixed-income securities, including being subject to greater levels of interest rate risk, credit/counterparty risk (including a greater risk of default) and liquidity risk. The ability of the issuer to make principal and interest payments is predominantly speculative for below investment grade fixed-income securities.
Credit/Counterparty Risk: Credit/counterparty risk is the risk that the issuer or guarantor of a fixed-income security, or the counterparty to a derivative or other transaction, will be unable or unwilling to make timely payments of interest or principal or to otherwise honor its obligations. The Fund will be subject to credit risk with respect to the counterparties of its derivatives transactions. Many of the protections afforded to participants on organized exchanges, such as the performance guarantee given by a central clearing house, are not available in connection with over-the-counter ("OTC") derivatives transactions, such as foreign currency transactions. As a result, in instances when the Fund enters into OTC derivatives transactions, the Fund will be subject to the risk that its counterparties will not perform their obligations under the transactions and that the Fund will sustain losses or be unable to realize gains.
Cybersecurity and Technology Risk: The Fund, its service providers, and other market participants increasingly depend on complex information technology and communications systems, which are subject to a number of different threats and risks that could adversely affect the Fund and its shareholders. Cybersecurity and other operational and technology issues may result in financial losses to the Fund and its shareholders.
Emerging Markets Risk: In addition to the risks of investing in foreign investments generally, emerging markets investments are subject to greater risks arising from political or economic instability, nationalization or confiscatory taxation, currency exchange restrictions, sanctions by the U.S. government and an issuer's unwillingness or inability to make principal or interest payments on its obligations. Emerging markets companies may be smaller and have shorter operating histories than companies in developed markets.
Foreign Securities Risk: Investments in foreign securities may be subject to greater political, economic, environmental, credit/counterparty and information risks. The Fund's investments in foreign securities also are subject to foreign currency fluctuations and other foreign currency-related risks. Foreign securities may be subject to higher volatility than U.S. securities, varying degrees of regulation and limited liquidity.
Interest Rate Risk: Interest rate risk is the risk that the value of the Fund's investments will fall if interest rates rise. Generally, the value of fixed-income securities rises when prevailing interest rates fall and falls when interest rates rise. Interest rate risk generally is greater for funds that invest in fixed-income securities with relatively longer durations than for funds that invest in fixed-income securities with shorter durations. In addition, an economic downturn or period of rising interest rates could adversely affect the market for these securities and reduce the Fund's ability to sell them, negatively impacting the performance of the Fund. Potential future changes in government monetary policy may affect the level of interest rates.
Leverage Risk: Use of derivative instruments may involve leverage. Taking short positions in stocks also results in a form of leverage. Leverage is the risk associated with securities or practices that multiply small index, market or asset-price movements into larger changes in value. The use of leverage increases the impact of gains and losses on the Fund's returns, and may lead to significant losses if investments are not successful.
Liquidity Risk: Liquidity risk is the risk that the Fund may be unable to find a buyer for its investments when it seeks to sell them or to receive the price it expects. Decreases in the number of financial institutions willing to make markets in the Fund's investments or in their capacity or willingness to transact may increase the Fund's exposure to this risk. Events that may lead to increased redemptions, such as market disruptions or increases in interest rates, may also negatively impact the liquidity of the Fund's investments when it needs to dispose of them. If the Fund is forced to sell its investments at an unfavorable time and/or under adverse conditions in order to meet redemption requests, such sales could negatively affect the Fund. Securities acquired in a private placement, such as Rule 144A securities, are generally subject to significant liquidity risk because they are subject to strict restrictions on resale and there may be no liquid secondary market or ready purchaser for such securities. Derivatives, and particularly over-the-counter ("OTC'") derivatives, are generally subject to liquidity risk as well. Liquidity issues may also make it difficult to value the Fund's investments.
REITs Risk: Investments in the real estate industry, including REITs, are particularly sensitive to economic downturns and are sensitive to factors such as changes in real estate values, property taxes and tax laws, interest rates, cash flow of underlying real estate assets, occupancy rates, government regulations affecting zoning, land use and rents and the management skill and creditworthiness of the issuer. Companies in the real estate industry also may be subject to liabilities under environmental and hazardous waste laws. In addition, the value of a REIT is affected by changes in the value of the properties owned by the REIT or mortgage loans held by the REIT. REITs are also subject to default and prepayment risk. Many REITs are highly leveraged, increasing their risk. The Fund will indirectly bear its proportionate share of expenses, including management fees, paid by each REIT in which it invests in addition to the expenses of the Fund.
Short Sale Risk: Short sales can increase the volatility of the Fund and may lower the Fund's return or result in losses, which potentially may be unlimited. If the Fund is unable to borrow securities in connection with a short sale at an advantageous time or price, the Fund may be limited in its ability to pursue its short sale strategy or may incur losses. The use of short sales also exposes the Fund to leverage risk.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus Non-Diversification Risk: Compared with other mutual funds, the Fund may invest a greater percentage of its assets in a particular issuer and may invest in fewer issuers. Therefore, the Fund may have more risk because changes in the value of a single security or the impact of a single economic, political or regulatory occurrence may have a greater adverse impact on the Fund's net asset value.
Risk Lose Money [Text] rr_RiskLoseMoney You may lose money by investing in the Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Risk/Return Bar Chart and Table
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock
The bar chart and table shown below provide some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year-to-year and by showing how the Fund's average annual returns for the one-year, five-year, life-of-class and life-of-fund periods (as applicable) compare to those of a broad measure of market performance. The Fund's past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future. Updated performance information is available online at im.natixis.com and/or by calling the Fund toll-free at 800-225-5478.
The chart does not reflect any sales charge that you may be required to pay when you buy or redeem the Fund's shares. A sales charge will reduce your return.
Bar Chart [Heading] rr_BarChartHeading Total Returns for Class Y Shares
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The chart does not reflect any sales charge that you may be required to pay when you buy or redeem the Fund's shares. A sales charge will reduce your return.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
Highest Quarterly Return: First Quarter 2013, 12.67%
Lowest Quarterly Return: Fourth Quarter 2018, -15.44%
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns (for the periods ended December 31, 2019)
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock
The Fund did not have Class T shares outstanding during the periods shown above. The returns of Class T shares would have been substantially similar to the returns of the Fund's other share classes because they would have been invested in the same portfolio of securities and would only differ to the extent the other share classes did not have the same expenses. Performance of Class T shares shown above is that of Class A shares, which have the same expenses as Class T shares, restated to reflect the different sales load applicable to Class T shares.
After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their shares through tax-advantaged arrangements, such as 401(k) plans, qualified plans, education savings accounts, such as 529 plans, or individual retirement accounts. The after-tax returns are shown for only one class of the Fund. After-tax returns for the other classes of the Fund will vary. Index performance reflects no deduction for fees, expenses or taxes.
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes Index performance reflects no deduction for fees, expenses or taxes.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their shares through tax-advantaged arrangements, such as 401(k) plans, qualified plans, education savings accounts, such as 529 plans, or individual retirement accounts.
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund's past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart and table shown below provide some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year-to-year and by showing how the Fund's average annual returns for the one-year, five-year, life-of-class and life-of-fund periods (as applicable) compare to those of a broad measure of market performance.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The after-tax returns are shown for only one class of the Fund. After-tax returns for the other classes of the Fund will vary.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress im.natixis.com
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 800-225-5478
(Vaughan Nelson Select Fund) | S&P 500® Index  
Prospectus: rr_ProspectusTable  
Past 1 Year rr_AverageAnnualReturnYear01 31.49%
Past 5 Years rr_AverageAnnualReturnYear05 11.70%
Life of Class N / Life of Fund rr_AverageAnnualReturnSinceInception 14.51%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 29, 2012
(Vaughan Nelson Select Fund) | S&P 500® Index (3/31/17)  
Prospectus: rr_ProspectusTable  
Life of Class N / Life of Fund rr_AverageAnnualReturnSinceInception 14.25%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 31, 2017
(Vaughan Nelson Select Fund) | Class A  
Prospectus: rr_ProspectusTable  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.75%
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, as applicable) rr_MaximumDeferredSalesChargeOverOther none [6]
Redemption fees rr_RedemptionFee none
Management fees rr_ManagementFeesOverAssets 0.75% [8]
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.18%
Acquired fund fees and expenses rr_AcquiredFundFeesAndExpensesOverAssets none [9],[10]
Total annual fund operating expenses rr_ExpensesOverAssets 1.18% [11]
Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets 0.03%
Total annual fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 1.15%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 685
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 925
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,184
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,922
Past 1 Year rr_AverageAnnualReturnYear01 20.12%
Past 5 Years rr_AverageAnnualReturnYear05 9.08%
Life of Class N / Life of Fund rr_AverageAnnualReturnSinceInception 13.54%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 29, 2012
(Vaughan Nelson Select Fund) | Class C  
Prospectus: rr_ProspectusTable  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, as applicable) rr_MaximumDeferredSalesChargeOverOther 1.00%
Redemption fees rr_RedemptionFee none
Management fees rr_ManagementFeesOverAssets 0.75% [8]
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other expenses rr_OtherExpensesOverAssets 0.18%
Acquired fund fees and expenses rr_AcquiredFundFeesAndExpensesOverAssets none [9],[10]
Total annual fund operating expenses rr_ExpensesOverAssets 1.93% [11]
Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets 0.03%
Total annual fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 1.90%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 293
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 603
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,039
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,251
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 193
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 603
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,039
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,251
Past 1 Year rr_AverageAnnualReturnYear01 25.52%
Past 5 Years rr_AverageAnnualReturnYear05 9.58%
Life of Class N / Life of Fund rr_AverageAnnualReturnSinceInception 13.59%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 29, 2012
(Vaughan Nelson Select Fund) | Class N  
Prospectus: rr_ProspectusTable  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, as applicable) rr_MaximumDeferredSalesChargeOverOther none
Redemption fees rr_RedemptionFee none
Management fees rr_ManagementFeesOverAssets 0.75% [8]
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 62.73%
Acquired fund fees and expenses rr_AcquiredFundFeesAndExpensesOverAssets none [9],[10]
Total annual fund operating expenses rr_ExpensesOverAssets 63.48%
Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets 62.63%
Total annual fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.85%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 87
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 6,708
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 7,848
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 8,084
Past 1 Year rr_AverageAnnualReturnYear01 27.85%
Life of Class N / Life of Fund rr_AverageAnnualReturnSinceInception 13.36%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 31, 2017
(Vaughan Nelson Select Fund) | Class T  
Prospectus: rr_ProspectusTable  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 2.50%
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, as applicable) rr_MaximumDeferredSalesChargeOverOther none
Redemption fees rr_RedemptionFee none
Management fees rr_ManagementFeesOverAssets 0.75% [8]
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.18% [12]
Acquired fund fees and expenses rr_AcquiredFundFeesAndExpensesOverAssets none [9],[10]
Total annual fund operating expenses rr_ExpensesOverAssets 1.18% [11]
Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets 0.03%
Total annual fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 1.15%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 364
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 612
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 880
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,643
Past 1 Year rr_AverageAnnualReturnYear01 24.29%
Past 5 Years rr_AverageAnnualReturnYear05 9.83%
Life of Class N / Life of Fund rr_AverageAnnualReturnSinceInception 14.05%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 29, 2012
(Vaughan Nelson Select Fund) | Class Y  
Prospectus: rr_ProspectusTable  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, as applicable) rr_MaximumDeferredSalesChargeOverOther none
Redemption fees rr_RedemptionFee none
Management fees rr_ManagementFeesOverAssets 0.75% [8]
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.18%
Acquired fund fees and expenses rr_AcquiredFundFeesAndExpensesOverAssets none [9],[10]
Total annual fund operating expenses rr_ExpensesOverAssets 0.93% [11]
Fee waiver and/or expense reimbursement rr_FeeWaiverOrReimbursementOverAssets 0.03%
Total annual fund operating expenses after fee waiver and/or expense reimbursement rr_NetExpensesOverAssets 0.90%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 92
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 293
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 512
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,140
Annual Return 2013 rr_AnnualReturn2013 43.39%
Annual Return 2014 rr_AnnualReturn2014 10.76%
Annual Return 2015 rr_AnnualReturn2015 2.81%
Annual Return 2016 rr_AnnualReturn2016 6.94%
Annual Return 2017 rr_AnnualReturn2017 23.79%
Annual Return 2018 rr_AnnualReturn2018 (4.56%)
Annual Return 2019 rr_AnnualReturn2019 27.81%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarterly Return: First Quarter 2013, 12.67%
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 12.67%
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2013
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarterly Return: Fourth Quarter 2018, -15.44%
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (15.44%)
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Past 1 Year rr_AverageAnnualReturnYear01 27.81%
Past 5 Years rr_AverageAnnualReturnYear05 10.67%
Life of Class N / Life of Fund rr_AverageAnnualReturnSinceInception 14.73%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 29, 2012
(Vaughan Nelson Select Fund) | Class Y | Return After Taxes on Distributions  
Prospectus: rr_ProspectusTable  
Past 1 Year rr_AverageAnnualReturnYear01 25.43%
Past 5 Years rr_AverageAnnualReturnYear05 9.11%
Life of Class N / Life of Fund rr_AverageAnnualReturnSinceInception 12.82%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 29, 2012
(Vaughan Nelson Select Fund) | Class Y | Return After Taxes on Distributions and Sale of Fund Shares  
Prospectus: rr_ProspectusTable  
Past 1 Year rr_AverageAnnualReturnYear01 18.15%
Past 5 Years rr_AverageAnnualReturnYear05 8.27%
Life of Class N / Life of Fund rr_AverageAnnualReturnSinceInception 11.54%
Inception Date rr_AverageAnnualReturnInceptionDate Jun. 29, 2012
[1] A 1.00% contingent deferred sales charge ("CDSC") may apply to certain purchases of Class A shares of $1,000,000 or more that are redeemed within eighteen months of the date of purchase.
[2] In order to ensure that the total annual fund operating expenses after fee waiver and/or expense reimbursement do not exceed the amounts disclosed in the table, the Adviser may voluntarily waive additional advisory fees. This may result in the Class A, C, T and Y shareholders realizing a total annual fund operating expense after fee waiver and/or expense reimbursement lower than 1.25%, 2.00%, 1.25%, and 1.00% of the Fund's average daily net assets for Class A, C, T and Y shares, respectively. This additional waiver may be terminated at any time.
[3] Loomis, Sayles & Company, L.P. ("Loomis Sayles" or the "Adviser") has given a binding contractual undertaking to the Fund to limit the amount of the Fund's total annual fund operating expenses to 1.25%, 2.00%, 0.95%, 1.25% and 1.00% of the Fund's average daily net assets for Class A, C, N, T and Y shares, respectively, exclusive of brokerage expenses, interest expense, taxes, acquired fund fees and expenses, organizational and extraordinary expenses, such as litigation and indemnification expenses. This undertaking is in effect through March 31, 2021 and may be terminated before then only with the consent of the Fund's Board of Trustees. The Adviser will be permitted to recover, on a class by class basis, management fees waived and/or expenses reimbursed to the extent that expenses in later periods fall below the applicable expense limitations for Class A, C, N, T and Y shares. The Fund will not be obligated to repay any such waived/reimbursed fees and expenses more than one year after the end of the fiscal year in which the fees or expenses were waived/reimbursed.
[4] Natixis Advisors, L.P. ("Natixis Advisors") has given a binding contractual undertaking to the Fund to reimburse any and all transfer agency expenses for Class N shares. This undertaking is in effect through March 31, 2021 and may be terminated before then only with the consent of the Fund's Board of Trustees.
[5] Other expenses are estimated for the current fiscal year.
[6] A 1.00% contingent deferred sales charge ("CDSC") may apply to certain purchases of Class A shares of $1,000,000 or more that are redeemed within eighteen months of the date of purchase.
[7] Loomis, Sayles & Company, L.P. ("Loomis Sayles" or the "Adviser") has given a binding contractual undertaking to the Fund to limit the amount of the Fund's total annual fund operating expenses to 1.05%, 1.80%, 0.75%, 1.05% and 0.80% of the Fund's average daily net assets for Class A, C, N, T and Y shares, respectively, exclusive of brokerage expenses, interest expense, taxes, acquired fund fees and expenses, organizational and extraordinary expenses, such as litigation and indemnification expenses. This undertaking is in effect through March 31, 2021 and may be terminated before then only with the consent of the Fund's Board of Trustees. The Adviser will be permitted to recover, on a class by class basis, management fees waived and/or expenses reimbursed to the extent that expenses in later periods fall below the applicable expense limitations for Class A, C, N, T and Y shares. The Fund will not be obligated to repay any such waived/reimbursed fees or expenses more than one year after the end of the fiscal year in which the fees or expenses were waived/reimbursed.
[8] Management fees have been restated to reflect the current management fees for the Fund, effective as of July 1, 2019.
[9] Natixis Advisors has given a binding contractual undertaking to the Fund to reimburse any and all transfer agency expenses for Class N shares. This undertaking is in effect through March 31, 2021 and may be terminated before then only with the consent of the Fund's Board of Trustees.
[10] Natixis Advisors, L.P. ("Natixis Advisors") has given a binding contractual undertaking to the Fund to limit the amount of the Fund's total annual fund operating expenses to 1.15%, 1.90%, 0.85%, 1.15% and 0.90% of the Fund's average daily net assets for Class A, C, N, T and Y shares, respectively, exclusive of brokerage expenses, interest expense, taxes, acquired fund fees and expenses, dividend expenses on securities sold short, organizational and extraordinary expenses, such as litigation and indemnification expenses. This undertaking is in effect through March 31, 2021 and may be terminated before then only with the consent of the Fund's Board of Trustees. The Fund's investment adviser will be permitted to recover, on a class by class basis, management fees waived and/or expenses reimbursed to the extent that expenses in later periods fall below the applicable expense limitations for Class A, C, N, T and Y shares. The Fund will not be obligated to repay any such waived/reimbursed fees and expenses more than one year after the end of the fiscal year in which the fees or expenses were waived/reimbursed.
[11] In order to ensure that the total annual fund operating expenses after fee waiver and/or expense reimbursement do not exceed the amounts disclosed in the table, the Adviser may voluntarily waive additional advisory fees. This may result in the Class A, C, T and Y shareholders realizing a total annual fund operating expense after fee waiver and/or expense reimbursement lower than 1.15%, 1.90%, 1.15% and 0.90% of the Fund's average daily net assets for Class A, C, T and Y shares, respectively. This additional waiver may be terminated at any time.
[12] Other expenses are estimated for the current fiscal year.
XML 18 R1.htm IDEA: XBRL DOCUMENT v3.20.1
Label Element Value
Prospectus: rr_ProspectusTable  
Document Type dei_DocumentType 485BPOS
Document Period End Date dei_DocumentPeriodEndDate Nov. 30, 2019
Registrant Name dei_EntityRegistrantName Natixis Funds Trust II
Central Index Key dei_EntityCentralIndexKey 0000052136
Amendment Flag dei_AmendmentFlag false
Document Creation Date dei_DocumentCreationDate Mar. 30, 2020
Document Effective Date dei_DocumentEffectiveDate Apr. 01, 2020
Prospectus Date rr_ProspectusDate Apr. 01, 2020
GRAPHIC 19 BarChart2.png IDEA: XBRL DOCUMENT begin 644 BarChart2.png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end GRAPHIC 21 BarChart3.png IDEA: XBRL DOCUMENT begin 644 BarChart3.png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end