DEF 14A 1 d475473ddef14a.htm LOOMIS SAYLES FUNDS II Loomis Sayles Funds II

 

SCHEDULE 14A INFORMATION

Proxy Statement Pursuant to Section 14(a) of the

Securities Exchange Act of 1934

(Amendment No.    )

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Filed by a Party other than the Registrant  ☐

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  Preliminary Proxy Statement

  Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

  Definitive Proxy Statement

  Definitive Additional Materials

  Soliciting Material under Rule 14a-12

Loomis Sayles Funds II

(Name of Registrant as Specified In Its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

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LOGO    LOGO    LOGO

 

October 2017    Your vote is important!

Dear Shareholder:

A special meeting of shareholders of Natixis Funds, Natixis ETFs, and Loomis Sayles Funds (“the Funds”) has been scheduled for Monday, December 4, 2017. Each fund family is served by a common Board of Trustees. The purpose of the special meeting is for shareholders to elect 13 nominees to the Board. Please see the enclosed proxy statement for more detailed information.

Your vote counts

Your vote is extremely important. Please take a few moments to vote your shares, whether or not you plan to attend the meeting. Computershare, a professional proxy solicitation firm, has been retained to assist the Funds in obtaining shareholder votes. If we do not receive enough votes to hold the meeting, we will be required to re-solicit shareholders at additional expense to the Funds.

The enclosed proxy statement provides detailed information about this important proposal. The special shareholder meeting will be held at 2:00 p.m. Eastern time on December 4, 2017 at the offices of NGAM Advisors, L.P., 888 Boylston St., Suite 800, Boston, MA 02199-8197.

Voting options – it’s your choice – it’s easy and convenient.

 

    On the Internet – The website is listed on the enclosed proxy card.
    By phone – Just call the number listed on the enclosed proxy card.
    By mail – Simply complete and return the enclosed proxy card. A postage-paid envelope is enclosed for your convenience.
    In person – Vote your shares in person at the meeting.

If you vote using the Internet, telephone or in person, you do not need to mail your proxy card. If you want to change your vote, you may do so by using the proxy card, Internet, or telephone or by voting in person.

Thank you for your cooperation in voting on this important proposal.

Sincerely,

 

LOGO

 

David L. Giunta

President, Natixis Funds and Natixis ETFs

  

LOGO

 

Kevin P. Charleston

President, Loomis Sayles Funds

007CFN046B

1901344.1.1

SH188-1017

NGAM Distribution, L.P. (funds distributor) and Loomis, Sayles & Company, L.P. are affiliated.

ALPS Distributors, Inc. is the distributor for Natixis ETFs. ALPS Distributors, Inc. is not affiliated with NGAM Distribution, L.P.

NGAM Distribution, L.P., 888 Boylston St., Suite 800, Boston, MA 02199-8197


LOGO

Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV,

Loomis Sayles Funds I, Loomis Sayles Funds II,

Gateway Trust and Natixis ETF Trust

888 Boylston Street, Suite 800

Boston, Massachusetts 02199-8197

NOTICE OF SPECIAL MEETING OF SHAREHOLDERS

To Be Held on December 4, 2017

To the Shareholders of Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV, Loomis Sayles Funds I, Loomis Sayles Funds II, Gateway Trust and Natixis ETF Trust (the “Trusts”):

Notice is hereby given that a Joint Special Meeting of the Shareholders of each Trust will be held at 2:00 p.m. on December 4, 2017 at the offices of NGAM Advisors, L.P., located at 888 Boylston Street, Suite 800, Boston, Massachusetts 02199-8197 (the “Meeting”), for the following purposes:

 

  1. To elect Trustees for Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV, Loomis Sayles Funds I, Loomis Sayles Funds II, Gateway Trust and Natixis ETF Trust, with each Trust voting separately; and
  2. To transact such other business as may properly come before the Meeting or any adjournments or postponements thereof.

The Board of Trustees of the Trusts has fixed the close of business on September 15, 2017 as the record date for the determination of shareholders entitled to notice of, and to vote at, the Meeting or any postponement(s) or adjournment(s) thereof.

By order of the Board of Trustees of the Trusts,

RUSSELL KANE,

Secretary

Boston, Massachusetts

October 19, 2017


IT IS IMPORTANT THAT YOUR SHARES BE REPRESENTED AT THE MEETING IN PERSON OR BY PROXY, NO MATTER HOW MANY SHARES YOU OWN. IF YOU DO NOT EXPECT TO ATTEND THE MEETING PLEASE FOLLOW THE INSTRUCTIONS ON THE ENCLOSED PROXY CARD FOR VOTING BY INTERNET OR BY TELEPHONE; OR, IF YOU PREFER, KINDLY MARK, SIGN, AND DATE THE ENCLOSED PROXY CARD AND RETURN IT PROMPTLY IN THE ENCLOSED ENVELOPE (WHICH IS POSTAGE PREPAID, IF MAILED IN THE UNITED STATES).


PROXY STATEMENT

Natixis Funds Trust I

Natixis Funds Trust II

Natixis Funds Trust IV

Loomis Sayles Funds I

Loomis Sayles Funds II

Gateway Trust

Natixis ETF Trust

(the “Trusts”)

888 Boylston Street, Suite 800

Boston, Massachusetts 02199-8197

October 19, 2017

 

Natixis Funds Trust I

 

Loomis Sayles Core Plus Bond Fund

Loomis Sayles Multi-Asset Income Fund

Mirova Global Green Bond Fund

Mirova Global Sustainable Equity Fund

Natixis Oakmark International Fund

Natixis U.S. Equity Opportunities Fund

Vaughan Nelson Small Cap Value Fund

 

Natixis Funds Trust II

 

ASG Dynamic Allocation Fund

ASG Global Alternatives Fund

ASG Managed Futures Strategy Fund

ASG Tactical U.S. Market Fund

Loomis Sayles Global Growth Fund

Loomis Sayles Strategic Alpha Fund

Loomis Sayles Dividend Income Fund

Loomis Sayles Senior Floating Rate and Fixed Income Fund

McDonnell Intermediate Municipal Bond Fund

Natixis Oakmark Fund

Vaughan Nelson Select Fund

Vaughan Nelson Value Opportunity Fund

 

Natixis Funds Trust IV

 

AEW Real Estate Fund

Natixis Sustainable Future 2015 Fund

Natixis Sustainable Future 2020 Fund

Natixis Sustainable Future 2025 Fund

Natixis Sustainable Future 2030 Fund

Natixis Sustainable Future 2035 Fund

Natixis Sustainable Future 2040 Fund

Natixis Sustainable Future 2045 Fund

Natixis Sustainable Future 2050 Fund

Natixis Sustainable Future 2055 Fund

Natixis Sustainable Future 2060 Fund

  

Gateway Trust

 

Gateway Fund

Gateway Equity Call Premium Fund

 

Loomis Sayles Funds I

 

Loomis Sayles Core Disciplined Alpha Bond Fund

Loomis Sayles Bond Fund

Loomis Sayles Fixed Income Fund

Loomis Sayles Global Bond Fund

Loomis Sayles High Income Opportunities Fund

Loomis Sayles Inflation Protected Securities Fund

Loomis Sayles Institutional High Income Fund

Loomis Sayles Intermediate Duration Bond Fund

Loomis Sayles Investment Grade Fixed Income Fund

Loomis Sayles Securitized Asset Fund

Loomis Sayles Small Cap Value Fund

 

Loomis Sayles Funds II

 

Loomis Sayles Global Equity and Income Fund

Loomis Sayles Growth Fund

Loomis Sayles High Income Fund

Loomis Sayles Investment Grade Bond Fund

Loomis Sayles Limited Term Government and Agency Fund

Loomis Sayles Small Cap Growth Fund

Loomis Sayles Small/Mid Cap Growth Fund

Loomis Sayles Strategic Income Fund

Loomis Sayles Value Fund

 

Natixis ETF Trust

 

Natixis Seeyond International Minimum Volatility ETF

(each a “Fund” and together the “Funds”)

 

1


IMPORTANT NOTICE REGARDING THE AVAILABILITY OF

PROXY MATERIALS FOR THE JOINT SPECIAL MEETING OF SHAREHOLDERS TO BE HELD ON

December 4, 2017

This Proxy Statement is also available at

www.proxy-direct.com

FOR THE JOINT SPECIAL MEETING OF SHAREHOLDERS

TO BE HELD ON DECEMBER 4, 2017

Each Trust is governed by a Board of Trustees (the “Trustees”), which is responsible for generally overseeing the conduct of Fund business. The Trustees are soliciting proxies from the shareholders of each of the Funds (the “Shareholders”) in connection with a Joint Special Meeting of Shareholders of each Trust (the “Meeting”). The Meeting has been called to be held at 2:00 p.m. on December 4, 2017 at the offices of NGAM Advisors, L.P. (“NGAM Advisors”), 888 Boylston Street, Suite 800, Boston, Massachusetts 02199-8197. The President’s Letter to Shareholders, meeting notice, this Proxy Statement and proxy cards are first being sent to Shareholders of record as of September 15, 2017 (the “Record Date”) beginning on or about October 19, 2017.

The only item of business that the Trustees expect will come before the meeting is to elect thirteen nominees to the Board of Trustees of each Trust.

Shareholders of record on the Record Date are entitled to notice of and to vote at the Meeting and any adjournment(s) or postponement(s) thereof.

 

2


I. PROPOSAL 1: ELECTION OF TRUSTEES

Background.

The purpose of this proposal is to elect thirteen nominees to the Board of Trustees of each Trust (together the “Board”). Pursuant to the provisions of each Trust’s current Declaration of Trust, the Trustees have determined that the number of Trustees of each Trust shall be fixed at thirteen. It is intended that the persons named as proxies will vote in favor of the election of all of the thirteen nominees listed below (each a “Nominee” and collectively, the Nominees”), unless such authority has been withheld. Should the Nominees be elected, each Nominee’s term of office will be until his or her successor is elected and qualified, or until he or she sooner dies, retires, is removed or becomes disqualified. If a Nominee should be unavailable for election at the time of the Meeting (which is not presently anticipated), the persons named as proxies may vote for other persons in their discretion, or the Trustees may vote to fix the number of Trustees at fewer than thirteen or to leave a vacancy in the Board. The required vote is discussed below in “Other Information—Required Vote.”

All of the persons named below as Nominees currently serve as Trustees of the Trusts and have served in that capacity continuously since originally elected or appointed. Mses. Sandra O. Moose and Cynthia L. Walker were elected as Trustees by shareholders of Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV, Loomis Sayles Funds I and Loomis Sayles Funds II at a special meeting held on June 2, 2005, by the sole shareholder of Gateway Trust on October 12, 2007, and by the sole shareholder of Natixis ETF Trust on June 2, 2016. Messrs. Kenneth A. Drucker, Wendell J. Knox, Erik R. Sirri and Peter J. Smail were elected as Trustees by shareholders of Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV, Loomis Sayles Funds I, Loomis Sayles Funds II and Gateway Trust at a special meeting held on May 27, 2010, and by the sole shareholder of Natixis ETF Trust on June 2, 2016. Messrs. Edmond J. English, David L. Giunta and Martin T. Meehan were elected as Trustees by shareholders of Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV, Loomis Sayles Funds I, Loomis Sayles Funds II and Gateway Trust at a special meeting held on March 18, 2013, and by the sole shareholder of Natixis ETF Trust on June 2, 2016. The Trustees listed under “Interested Trustees” are “interested persons,” as defined in the Investment Company Act of 1940 (the “1940 Act”), of the Trusts by virtue of their affiliation with NGAM Advisors, Loomis, Sayles & Company, L.P. (“Loomis Sayles”) or NGAM Distribution, L.P. (“NGAM Distribution”), the principal underwriter of Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV, Loomis Sayles Funds I, Loomis Sayles Funds II and Gateway Trust. Nominees who have not previously been elected by shareholders, are Messrs. Kevin Charleston, Richard A. Goglia and James P. Palermo, and Ms. Maureen B. Mitchell. The Nominees were recommended by the Independent Trustees. All of the Nominees have consented to being named in this Proxy Statement and to serve if elected, and the Trusts know of no reason why any Nominee would be unable or unwilling to serve if elected.

 

3


Section 16 of the 1940 Act provides that vacancies on the Board of Trustees may be filled only by a meeting of shareholders duly called for that purpose, unless at least two-thirds of the Trustees holding office immediately after the appointment were elected by the shareholders of the Trusts. Because Ms. Mitchell and Messrs. Charleston, Goglia and Palermo were appointed by the Trustees rather than elected by shareholders, the operation of this provision could potentially restrict the ability of the Trustees to appoint new Trustees in the future unless the Nominees are elected by shareholders. The Board believes that it is in the best interests of the Trusts to elect all of the Nominees as Trustees of the Trusts at this time, to avoid the potential expense to shareholders of calling a special meeting of shareholders for the purpose of filling vacancies on the Board at a future time.

Each Fund is a series of one of the Trusts. Natixis Funds Trust I consists of seven series. Natixis Funds Trust II consists of twelve series. Natixis Funds Trust IV consists of eleven series, Gateway Trust consists of two series and Natixis ETF Trust consists of one series. Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV and Gateway Trust are sometimes referred to as the “Natixis Funds Trusts.” Loomis Sayles Funds I consists of eleven series and Loomis Sayles Funds II consists of nine series. Loomis Sayles Funds I and Loomis Sayles Funds II are sometimes referred to as the “Loomis Sayles Funds Trusts.”

Information About the Nominees.

The Board of Trustees of the Trusts (the “Board”) believes that the Nominees are qualified to continue to serve on the Board and that it is appropriate to nominate them for election by shareholders for the following reasons:

 

    Kevin Charleston—Mr. Charleston has over 29 years of experience in the mutual fund industry and significant executive experience, including roles as President, Chief Executive Officer and Director of Loomis, Sayles & Company, L.P. (“Loomis Sayles”). Prior to joining Loomis Sayles, he was Senior Vice President and Treasurer at Nvest Companies, L.P. and began his investment industry career in 1988 at The Boston Company. Mr. Charleston has served on the Board since 2015.

 

    Kenneth A. Drucker—Mr. Drucker has significant financial services, executive and board experience. He was the lead independent trustee and chairman of the Audit Committee of Gateway Fund for 25 years, independent director of M Fund (mutual funds), independent director and chairman of the Audit Committee of Formica Corporation. Mr. Drucker’s extensive executive experience includes his role as Vice President and Treasurer of Sequa Corporation and experience at a public accounting firm. Mr. Drucker is a Certified Public Accountant and a member of the American Institute of CPAs and the Connecticut Society of CPAs. Mr. Drucker has served on the Board since 2008 and has served as Chairman of the Board since 2017.

 

4


    Edmond J. English—Mr. English has experience as Executive Chairman and as the former Chief Executive Officer of Bob’s Discount Furniture and as the former President and Chief Executive Officer of TJX Companies, Inc. Mr. English currently serves as Chairman of the Board of Trustees at the Boston Medical Center and the Chairman of the Finance Committee on Northeastern University’s board of trustees. Mr. English has served on the Board since 2013.

 

    David L. Giunta—Mr. Giunta has over 19 years of experience in the mutual fund industry and significant executive experience, including roles as President and Chief Executive Officer of Natixis Global Asset Management-U.S. and Canada, and various executive roles at Fidelity Investments including with Fidelity Charitable Services, Fidelity Personal Investments and Brokerage Group, Fidelity’s Eastern Region Investor Centers, Fidelity’s Private Wealth Management Products & Services Group and Fidelity Managed Money Group for Personal Investments. Mr. Guinta has served on the Board since 2011.

 

    Richard A. Goglia—Mr. Goglia retired at the end of March 2015 as Vice President and Treasurer of Raytheon Company. He joined Raytheon Company in 1997, prior to which he spent 16 years with General Electric Company and GE Capital where his last assignment was as Senior Vice President of GE Capital in its Corporate Finance Group. Mr. Goglia has served on the Board since 2015.

 

    Wendell J. Knox—Mr. Knox has significant financial services industry and experience, including serving for 18 years as the President and Chief Executive Officer of Abt Associates, Inc., a research and consulting company, where he is currently serving as a director. Mr. Knox is active in civic affairs, previously and currently serving on the boards of Brigham and Women’s Hospital, Greater Boston Chamber of Commerce, Conference for Community and Justice, Hanover Insurance Group and several other organizations. Mr. Knox has served on the Board since 2009.

 

    Martin T. Meehan—Mr. Meehan has experience as President of the University of Massachusetts, represented Massachusetts in the U.S. House of Representatives for 14 years, and served as First Assistant District Attorney of Middlesex County and the Massachusetts Deputy Secretary of State for Securities and Corporations. Mr. Meehan also has experience on the boards of two business organizations. Mr. Meehan has served on the Board since 2012.

 

    Maureen B. Mitchell—Ms. Mitchell has significant financial services industry and executive experience. She retired in December 2016 and was formerly President of Global Sales and Marketing at GE Asset Management, Inc. Prior to joining GE Asset Management, Inc., Ms. Mitchell was Global Head of Distribution at Highland Capital Management, L.P. and was a Senior Managing Director, Global Head of Institutional Sales and Client Service at Bear Stearns Asset Management Inc. Ms. Mitchell has served on the Board since July 2017.

 

5


    Sandra O. Moose—Ms. Moose has significant financial services industry and executive experience. She is a senior advisor of the Boston Consulting Group and has been a director since 1975 and was a Senior Vice President until 2004. Prior to joining Boston Consulting Group in 1968, she worked with the Federal Deposit Insurance Corporation, the Federal Reserve Bank of Boston and as a member of the faculty of Harvard University. She is also a director or trustee of various charitable organizations, including the Museum of Fine Arts in Boston, the Huntington Theatre, and the Boston Public Library. Ms. Moose has served on the Board since 1982.

 

    James P. Palermo—Mr. Palermo has significant financial services industry and executive experience, including roles as Chief Executive Officer of client management and asset servicing at BNY Mellon, where he spent 27 years. Mr. Palermo is the founding partner of the private equity firm Breton Capital Management, LLC. He also serves on the Advisory Board of Financial Recovery Technologies, LLC and the Board of the University of Massachusetts Amherst Foundation. Mr. Palermo has served on the Board since 2016.

 

    Erik R. Sirri—Mr. Sirri had extensive experience at the U.S. Securities and Exchange Commission as the Director of the Division of Trading and Markets from 2006 to 2009 and he served as the Chief Economist from 1996-1999. Mr. Sirri’s academic experience includes his current role as a professor of finance at Babson College and his position as an assistant professor of finance at the Harvard Business School for 6 years. Mr. Sirri has served on the Board since 2009.

 

    Peter J. Smail—Mr. Smail has over 20 years of experience in the mutual fund industry and significant executive experience, including roles as President of Fidelity Investment’s defined contribution business, as well as President and Chief Executive Officer of Pyramis Global Advisers at Fidelity Investments. Mr. Smail currently serves as the trustee of the Employee Benefit Research Institute and serves on the board of directors of Fidelity Management Trust Company, Fidelity Investments-Canada and Pyramis Global Advisors. Mr. Smail has served on the Board since 2009.

 

    Cynthia L. Walker—Ms. Walker serves as Deputy Dean for Finance & Administration at the Yale University School of Medicine. Prior to her current position at Yale, Ms. Walker was at Harvard Medical School for 24 years serving as Executive Dean for Administration and earlier as Dean for Finance/Chief Financial Officer. Ms. Walker began her professional career with Coopers & Lybrand where she managed numerous university and non-profit engagements and is a Certified Public Accountant. Ms. Walker has served on the Board since 2005.

The following table provides information about the Nominees, including information about their principal occupations during the past five years, information about other directorships held at public companies or investment companies, and a

 

6


summary of the experience, qualifications, attributes or skills that led to the conclusion that the Trustee should serve as such. For the purposes of this table and this Proxy Statement, the term “Independent Trustee” means those Trustees who are not “interested persons,” as defined in the 1940 Act, of the relevant Trust, and the term “Interested Trustee” means those Trustees who are “interested persons” of the relevant Trust. Unless otherwise indicated, the address of all persons below is 888 Boylston Street, Suite 800, Boston, MA 02199-8197.

 

Name and
Year of Birth

 

Position(s) Held
with the Trusts,
Length of Time
Served and
Term of Office1

   Principal
Occupation(s)
During
Past 5 Years
  Number of
Portfolios in
Fund Complex
Overseen2

and Other
Directorships
Held During
Past 5 Years
    Experience,
Qualifications,
Attributes, Skills
for Board
Membership
 

INDEPENDENT TRUSTEES

   

Kenneth A. Drucker

(1945)

 

Chairperson of the Board since January 2017

 

Trustee since 2008 for Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV, Loomis Sayles Funds I, Loomis Sayles Funds II and Gateway Trust; since 2016 for Natixis ETF Trust

 

Ex Officio member of the Audit Committee, Contract Review Committee and Governance Committee

   Retired    

 

53

 

None

 

 

 

   

















Significant
experience on
the Board and
on the boards
of other
business
organizations
(including at
investment
companies);
executive
experience
(including as
treasurer of an
aerospace,
automotive,
and metal
manufacturing
corporation)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Edmond J. English

(1953)

 

Trustee since 2013 for Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV, Loomis Sayles Funds I, Loomis Sayles Funds II and Gateway Trust; since 2016 for Natixis ETF Trust

 

Audit Committee Member

   Executive
Chairman;
formerly,
Chief
Executive
Officer of
Bob’s
Discount
Furniture
(retail)
   

 





53

 

Director,
Burlington
Stores,
Inc.
(retail)

 

 

 
 
 
 
 

   














Experience on
the Board and
significant
experience on
the boards of
other business
organizations
(including at a
retail
company and
a bank);
executive
experience
(including at a
retail
company)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 

7


Name and
Year of Birth

 

Position(s) Held
with the Trusts,
Length of Time
Served and
Term of Office1

   Principal
Occupation(s)
During
Past 5 Years
  Number of
Portfolios in
Fund Complex
Overseen2

and Other
Directorships
Held During
Past 5 Years
  Experience,
Qualifications,
Attributes, Skills
for Board
Membership

Richard A. Goglia

(1951)

 

Trustee since 2015 for Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV, Loomis Sayles Funds I, Loomis Sayles Funds II and Gateway Trust; since 2016 for Natixis ETF Trust

 

Audit Committee Member

   Retired;
formerly, Vice
President and
Treasurer of
Raytheon
Company
(defense)
  53

 

None

  Experience on
the Board and
executive
experience
(including his
role as vice
president and
treasurer of a
defense
company and
experience at a
financial
services
company)

Wendell J. Knox

(1948)

 

Trustee since 2009 for Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV, Loomis Sayles Funds I, Loomis Sayles Funds II and Gateway Trust; since 2016 for Natixis ETF Trust

 

Contract Review Committee

Member and Governance Committee Member

   Director of
Abt Associates
Inc. (research
and
consulting)
  53

 

Director,
Eastern
Bank
(bank);
Director,
The
Hanover
Insurance
Group
(property
and
casualty
insurance)

  Significant
experience on
the Board and on
the boards of
other business
organizations
(including at a
bank and at a
property and
casualty
insurance firm);
executive
experience
(including roles
as president and
chief executive
officer of a
consulting
company)
Martin T. Meehan
(1956)
 

Trustee since 2012 for Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV, Loomis Sayles Funds I, Loomis Sayles Funds II and Gateway Trust; since 2016 for Natixis ETF Trust

 

Contract Review Committee Member

   President,
University of
Massachusetts;
formerly,
Chancellor
and faculty
member at
University of
Massachusetts
Lowell
  53

 

None

  Experience on
the Board and on
the boards of
other business
organizations;
experience as
President of the
University of
Massachusetts;
government
experience
(including as a
member of the
U.S. House of
Representatives);
academic
experience

 

8


Name and
Year of Birth

 

Position(s) Held
with the Trusts,
Length of Time
Served and
Term of Office1

  Principal
Occupation(s)
During
Past 5 Years
  Number of
Portfolios in
Fund Complex
Overseen2

and Other
Directorships
Held During
Past 5 Years
  Experience,
Qualifications,
Attributes, Skills
for Board
Membership

Maureen B. Mitchell5

(1951)

 

Trustee since 2017 for Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV, Loomis Sayles Funds I, Loomis Sayles Funds II, Gateway Trust and Natixis ETF Trust

 

Contract Review Committee Member

  Retired;
formerly
President,
Global Sales
and
Marketing,
GE Asset
Management,
Inc.
(financial
services)
  53

 

None

  Financial services
industry and
executive
experience
(including role as
president of global
sales and marketing
at a financial
services company)

Sandra O. Moose

(1942)

 

Trustee since 1982 for Natixis Funds Trust I (including its predecessors); since 1993 for Natixis Funds Trust II; since 2000 for Natixis Funds Trust IV; since 2003 for Loomis Sayles Funds I and Loomis Sayles Funds II; and since 2007 for Gateway Trust; since 2016 for Natixis ETF Trust

 

Audit Committee Member and Governance Committee Member

  President,
Strategic
Advisory
Services
(management
consulting)
  53

 

Formerly, Director,
AES Corporation
(international power
company); formerly,
Director, Verizon
Communications
(telecommunications
company)

  Significant
experience on the
Board and on the
boards of other
business
organizations
(including at a
telecommunications
company, an
international power
company and a
specialty chemicals
corporation);
executive
experience
(including at a
management
consulting
company)

James P. Palermo

(1955)

 

Trustee since 2016 for Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV, Loomis Sayles Funds I, Loomis Sayles Funds II, Gateway Trust and Natixis ETF Trust

 

Contract Review Committee Member

  Founding
Partner,
Breton
Capital
Management,
LLC (private
equity);
Partner,
STEP
Partners,
LLC (private
equity);
formerly,
Chief
Executive
Officer of
Global Client
Management
of The Bank
of New York
Mellon
Corporation
  53

 

None

  Experience on the
Board: financial
services industry
and executive
experience
(including roles as
chief executive
officer of client
management and
asset servicing for a
banking and
financial services
company)

 

9


Name and
Year of Birth

 

Position(s) Held
with the Trusts,
Length of Time
Served and
Term of Office1

  Principal
Occupation(s)
During
Past 5 Years
  Number of
Portfolios in
Fund Complex
Overseen2

and Other
Directorships
Held During
Past 5 Years
  Experience,
Qualifications,
Attributes, Skills
for Board
Membership

Erik R. Sirri

(1958)

 

Trustee since 2009 for Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV, Loomis Sayles Funds I, Loomis Sayles Funds II and Gateway Trust; since 2016 for Natixis ETF Trust

 

Chairperson of the Audit Committee

  Professor of
Finance at
Babson
College
  53

 

None

  Significant
experience on
the Board;
experience as
Director of the
Division of
Trading and
Markets at the
Securities and
Exchange
Commission;
academic
experience;
training as an
economist

Peter J. Smail

(1952)

 

Trustee since 2009 for Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV, Loomis Sayles Funds I, Loomis Sayles Funds II and Gateway Trust; since 2016 for Natixis ETF Trust

 

Chairperson of the Contract Review Committee and Governance Committee Member

  Retired   53

 

None

  Significant
experience on
the Board;
mutual fund
industry and
executive
experience
(including
roles as
president and
chief executive
officer for an
investment
adviser)

Cynthia L. Walker

(1956)

 

Trustee since 2005 for Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV, Loomis Sayles Funds I, Loomis Sayles Funds II and Gateway Trust; since 2016 for Natixis ETF Trust

 

Chairperson of the Governance Committee and Audit Committee Member

  Deputy Dean
for Finance and
Administration,
Yale
University
School of
Medicine
  53

 

None

  Significant
experience on
the Board;
executive
experience in a
variety of
academic
organizations
(including
roles as dean
for finance and
administration)

 

10


Name and
Year of Birth

 

Position(s) Held
with the Trusts,
Length of Time
Served and
Term of Office1

  Principal
Occupation (s)
During
Past 5 Years
  Number of
Portfolios in
Fund Complex
Overseen2

and Other
Directorships
Held During
Past 5 Years
  Experience,
Qualifications,
Attributes, Skills
for Board
Membership

INTERESTED TRUSTEES

Kevin P. Charleston3

(1965)

One Financial Center

Boston, MA 02111

 

Trustee since 2015 for Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV, Loomis Sayles Funds I, Loomis Sayles Funds II and Gateway Trust; since 2016 for Natixis ETF Trust

 

President and Chief Executive Officer of Loomis Sayles Funds I since 2015

  President,
Chief
Executive
Officer and
Chairman of
the Board of
Directors;
formerly,
Chief
Financial
Officer,
Loomis,
Sayles &
Company,
L.P.
  53

 

None

  Experience
on the
Board;
continuing
service as
President,
Chief
Executive
Officer and
Chairman of
the Board of
Directors of
Loomis,
Sayles &
Company,
L.P.

David L. Giunta4

(1965)

 

Trustee since 2011 for Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV, Loomis Sayles Funds I, Loomis Sayles Funds II and Gateway Trust; since 2015 for Natixis ETF Trust

 

President and Chief Executive Officer of Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV and Gateway Trust, President of Loomis Sayles Funds II and Executive Vice President of Loomis Sayles Funds I since 2008; President and Chief Executive Officer of Natixis ETF Trust since 2011; Chief Executive Officer of Loomis Sayles Funds II since 2015

  President and
Chief
Executive
Officer,
Natixis
Global Asset
Management,
U.S. and
Canada;
President and
Chief
Executive
Officer,
NGAM
Distribution
Corporation,
NGAM
Advisors,
L.P. and
NGAM
Distribution,
L.P.
  53

 

None

 

Significant
experience
on the
Board;
experience
as President
and Chief
Executive
Officer of
NGAM
Distribution
Corporation,
NGAM
Advisors,
L.P. and
NGAM
Distribution,
L.P.

 

1  Each Trustee serves until retirement, resignation or removal from the Board. The current retirement age is 75. The Chairperson of the Board is appointed for a three-year term.

 

11


2  The Trustees of the Trusts serve as Trustees of a fund complex that includes all series of the Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV and Gateway Trust (collectively, the “Natixis Funds Trusts”) and, Loomis Sayles Funds I and Loomis Sayles Funds II (collectively, the “Loomis Sayles Funds Trusts”) and Natixis ETF Trust (collectively, the “Fund Complex”).
3 Mr. Charleston is deemed an “interested person” of the Trusts because he holds the following positions with an affiliated person of the Trusts: President and Chief Executive Officer and Chairman of the Board of Directors of Loomis, Sayles & Company, L.P.
4  Mr. Giunta is deemed an “interested person” of the Trusts because he holds the following positions with affiliated persons of the Trusts: President and Chief Executive Officer of Natixis Global Asset Management, U.S. and Canada and President and Chief Executive Officer of NGAM Distribution Corporation, NGAM Advisors, L.P. and NGAM Distribution, L.P.
5 Ms. Mitchell was appointed as a Trustee effective July 1, 2017.

Each Trustee serves until retirement, resignation or removal from the Board of Trustees. If a vacancy exists for any reason, the remaining Trustees may fill such vacancy by appointing another Trustee so long as, immediately after such appointment, at least two-thirds of the Trustees have been elected by shareholders. If, at any time, less than a majority of the Trustees holding office have been elected by the shareholders, the Trustees then in office will promptly call a shareholders’ meeting for the purpose of electing Trustees. Otherwise, there will normally be no meeting of shareholders for the purpose of electing Trustees unless, as in the current situation, the Trustees believe it would be appropriate to hold such a meeting.

The Board of Trustees of the Trusts is currently composed of two Interested and eleven Independent Trustees. The total number of meetings of the Board of Trustees for each Trust’s last fiscal year is listed in the following table. For each Trust, all the current Trustees who served on the Board during the entirety of each Trust’s last fiscal year attended at least 75% of the Board and relevant committee meetings held during each Trust’s last fiscal year.

 

Trust

   Fiscal Year Ended    Number of
Meetings
 

Natixis Funds Trust I*

Natixis Funds Trust II**

Gateway Trust

Natixis ETF Trust

   December 31, 2016      7  

Natixis Funds Trust IV

   January 31, 2017      6  

Loomis Sayles Funds I

Loomis Sayles Funds II

   September 30, 2017      6  

 

  * Loomis Sayles Core Plus Bond Fund, a series of Natixis Funds Trust I, has a fiscal year end of September 30, which is different from the other Funds in the Trust.
  ** Loomis Sayles Dividend Income Fund, Loomis Sayles Global Growth Fund, Loomis Sayles Senior Floating Rate and Fixed Income Fund and Vaughan Nelson Select Fund, each a series of Natixis Funds Trust II, have a fiscal year end of November 30, which is different from the other Funds in the Trust.

 

12


Information About the Officers.

The table below provides certain information about the officers of the Trusts, including their ages, positions, terms of office and length of time served, and principal occupations during the past five years. Except as noted, the business address of each officer is 888 Boylston Street, Suite 800, Boston, MA 02199-8197.

 

Name and Year
of Birth

 

Position(s) Held with
the Trusts

 

Term of Office1 and
Length of Time
Served

 

Principal
Occupation(s) During
Past 5 Years2

OFFICERS OF THE TRUSTS

Russell L. Kane

(1969)

  Secretary, Clerk, and Chief Legal Officer   Secretary, Clerk and Chief Legal Officer since 2016   Executive Vice President, General Counsel, Secretary and Clerk, NGAM Distribution Corporation, NGAM Advisors, L.P. and NGAM Distribution, L.P.; formerly, Chief Compliance Officer for Mutual Funds, Senior Vice President, Deputy General Counsel, Assistant Secretary and Assistant Clerk, NGAM Distribution Corporation, NGAM Advisors, L.P. and NGAM Distribution, L.P.

Daniel J. Fuss

(1933)

One Financial Center

Boston, MA 02111

  Executive Vice President of Loomis Sayles Funds I and Loomis Sayles Funds II   Since 2003   Vice Chairman and Director, Loomis, Sayles & Company, L.P.

Michael C. Kardok

(1959)

  Treasurer, Principal Financial and Accounting Officer   Since 2004   Senior Vice President, NGAM Advisors, L.P. and NGAM Distribution, L.P.

Rosa Licea-Mailloux

(1976)

  Chief Compliance Officer, Assistant Secretary and Anti-Money Laundering Officer   Since 2016   Chief Compliance Officer for Mutual Funds, Senior Vice President, Deputy General Counsel, Assistant Secretary and Assistant Clerk, NGAM Distribution Corporation, NGAM Advisors, L.P. and NGAM Distribution, L.P.; formerly, Associate General Counsel, NGAM Distribution, L.P.

 

1  Each officer of the Trusts serves for an indefinite term in accordance with the Trusts’ current by-laws until the date his or her successor is elected and qualified, or until he or she sooner dies, retires, is removed or becomes disqualified.
2  Previous positions during the past five years with NGAM Distribution, L.P., NGAM Advisors, L.P. or Loomis, Sayles & Company, L.P. are omitted, if not materially different from a Trustee’s or officer’s current position with such entity.

 

13


Leadership and Structure of the Board.

The Board is led by the Chairperson of the Board, who is an Independent Trustee. The Board currently consists of thirteen Trustees, eleven of whom are Independent Trustees. The Trustees have delegated significant oversight authority to the three standing committees of the Board, the Audit Committee, the Contract Review Committee and the Governance Committee, each of which consists solely of Independent Trustees. These committees meet separately and at times jointly, with the joint meetings intended to educate and involve all Independent Trustees in significant committee-level topics. As well as handling matters directly, the committees raise matters to the Board for consideration. In addition to the oversight performed by the committees and the Board, the Chairperson of the Board and the chairpersons of each committee interact frequently with management regarding topics to be considered at Board and committee meetings as well as items arising between meetings. At least once a year the Governance Committee reviews the Board’s governance practices and procedures and recommends appropriate changes to the full Board. The Board believes its leadership structure is appropriate and effective in that it allows for oversight at the committee or board level, as the case may be, while facilitating communications among the Trustees and between the Board and Fund management.

Standing Board Committees.

The Contract Review Committee of each Trust consists solely of Independent Trustees and considers matters relating to advisory and distribution arrangements and potential conflicts of interest between each Trust and its investment adviser.

The total number of meetings of the Contract Review Committee for each Trust’s last fiscal year is listed in the following table:

 

Trust

   Fiscal Year Ended    Number of
Meetings
 

Natixis Funds Trust I*

Natixis Funds Trust II**

Gateway Trust

Natixis ETF Trust

   December 31, 2016      5  

Natixis Funds Trust IV

   January 31, 2017      5  

Loomis Sayles Funds I

Loomis Sayles Funds II

   September 30, 2017      5  

 

  * Loomis Sayles Core Plus Bond Fund, a series of Natixis Funds Trust I, has a fiscal year end of September 30, which is different from the other Funds in the Trust.
  ** Loomis Sayles Dividend Income Fund, Loomis Sayles Global Growth Fund, Loomis Sayles Senior Floating Rate and Fixed Income Fund and Vaughan Nelson Select Fund, each a series of Natixis Funds Trust II, have a fiscal year end of November 30, which is different from the other Funds in the Trust.

 

14


The Governance Committee of each Trust consists solely of Independent Trustees and considers matters relating to candidates for membership on the Board and Trustee compensation. The Governance Committee makes nominations for Independent Trustee membership on the Board when necessary and considers recommendations from shareholders of the Fund that are submitted in accordance with the procedures by which shareholders may communicate with the Board. Pursuant to those procedures, shareholders must submit a recommendation for nomination in a signed writing addressed to the attention of the Board, c/o Secretary of the Funds, NGAM Advisors, L.P., 888 Boylston Street, Suite 800, Boston, MA 02199-8197. This written communication must (i) be signed by the shareholder, (ii) include the name and address of the shareholder, (iii) identify the Fund(s) to which the communication relates, and (iv) identify the account number, class and number of shares held by the shareholder as of a recent date or the intermediary through which the shares are held. The recommendation must be received in a timely manner (and in any event no later than the date specified for receipt of shareholder proposals in any applicable proxy statement or shareholder report with respect to a Fund). A recommendation for Trustee nomination shall be kept on file and considered by the Board for six (6) months from the date of receipt, after which the recommendation shall be considered stale and discarded. The recommendation must contain sufficient background information concerning the Trustee candidate to enable a proper judgment to be made as to the candidate’s qualifications.

The total number of meetings of the Governance Committee for each Trust’s last fiscal year is listed in the following table:

 

Trust

  

Fiscal Year Ended

   Number of
Meetings
 

Natixis Funds Trust I*

Natixis Funds Trust II**

Gateway Trust

Natixis ETF Trust

  

December 31, 2016

     5  

Natixis Funds Trust IV

  

January 31, 2017

     5  

Loomis Sayles Funds I

Loomis Sayles Funds II

  

September 30, 2017

     6  

 

* Loomis Sayles Core Plus Bond Fund, a series of Natixis Funds Trust I, has a fiscal year end of September 30, which is different from the other Funds in the Trust.
** Loomis Sayles Dividend Income Fund, Loomis Sayles Global Growth Fund, Loomis Sayles Senior Floating Rate and Fixed Income Fund and Vaughan Nelson Select Fund, each a series of Natixis Funds Trust II, have a fiscal year end of November 30, which is different from the other Funds in the Trust.

The Audit Committee of each Trust consists solely of Independent Trustees and considers matters relating to the scope and results of each Trust’s audits and serves as a

 

15


forum in which the independent registered public accounting firm can raise any issues or problems identified in an audit with the Board. The Audit Committee also reviews and monitors compliance with stated investment objectives and policies and regulations of the U.S. Securities and Exchange Commission, as well as operational issues relating to the transfer agent, administrator, sub-administrator and custodian. In addition, the Audit Committee implements procedures for receipt, retention and treatment of complaints received by a Fund regarding its accounting or internal accounting controls and the confidential, anonymous submission by officers of a Fund or employees of certain service providers of concerns related to such matters.

The total number of meetings of the Audit Committee for each Trust’s last fiscal year is listed in the following table:

 

Trust

   Fiscal Year Ended    Number of
Meetings
 

Natixis Funds Trust I*

Natixis Funds Trust II**

Gateway Trust

Natixis ETF Trust

   December 31, 2016      4  

Natixis Funds Trust IV

   January 31, 2017      4  

Loomis Sayles Funds I

Loomis Sayles Funds II

   September 30, 2017      5  

 

* Loomis Sayles Core Plus Bond Fund, a series of Natixis Funds Trust I, has a fiscal year end of September 30, which is different from the other Funds in the Trust.
** Loomis Sayles Dividend Income Fund, Loomis Sayles Global Growth Fund, Loomis Sayles Senior Floating Rate and Fixed Income Fund and Vaughan Nelson Select Fund, each a series of Natixis Funds Trust II, have a fiscal year end of November 30, which is different from the other Funds in the Trust.

The current membership of each committee is as follows:

 

Audit Committee

  

Contract Review

  

Governance Committee

Erik Sirri – Chairperson

   Peter Smail – Chairperson    Cynthia L. Walker – Chairperson

Edmond J. English

   Wendell J. Knox    Wendell J. Knox

Richard A. Goglia

   Martin T. Meehan    Sandra O. Moose

Sandra O. Moose

   Maureen B. Mitchell    Peter J. Smail

Cynthia L. Walker

   James P. Palermo   

As chairperson of the Board of Trustees, Mr. Drucker is an ex officio member of each Committee.

 

16


Board’s Role in Risk Oversight of the Funds

The Board’s role is one of oversight of the practices and processes of the Funds and their service providers, rather than active management of the Trusts, including in matters relating to risk management. The Board seeks to understand the key risks facing the Funds, including those involving conflicts of interest; how Fund management identifies and monitors these risks on an ongoing basis; how Fund management develops and implements controls to mitigate these risks; and how Fund management tests the effectiveness of those controls. The Board cannot foresee, know or guard against all risks, nor are the Trustees guarantors against risk.

Periodically, Fund officers provide the full Board with an overview of the enterprise risk assessment program in place at NGAM Advisors and NGAM Distribution. Fund officers on a quarterly and annual basis also provide the Board (or one of its standing committees) with written and oral reports on regulatory and compliance matters, operational and service provider matters, organizational developments, product proposals, Fund and internal audit results, and insurance and fidelity bond coverage, along with a discussion of the risks and controls associated with these matters, and periodically make presentations to management on risk issues and industry best practices. Fund service providers, including advisers, sub-advisers, transfer agents and the custodian, periodically provide Fund management and/or the Board with information about their risk assessment programs and/or the risks arising out of their activities. The scope and frequency of these reports vary. Fund officers also communicate with the Trustees between meetings regarding material exceptions and other items germane to the Board’s risk oversight function.

Pursuant to Rule 38a-1 under the 1940 Act, the Board has appointed a Chief Compliance Officer (“CCO”) who is responsible for administering the Funds’ compliance program, including monitoring and enforcing compliance by the Funds and their service providers with the federal securities laws. The CCO has an active role in daily Fund operations and maintains a working relationship with relevant advisory, compliance, operations and administration personnel for the Funds’ service providers. On at least a quarterly basis, the CCO reports to the Independent Trustees on significant compliance program developments, including material compliance matters, and on an annual basis, the CCO provides the full Board with a written report that summarizes his or her review and assessment of the adequacy of the compliance programs of the Funds and their service providers. The CCO also periodically communicates with the Audit Committee members between its scheduled meetings.

Fund Securities Owned by the Trustees.

The following tables set forth the dollar range of shares of each Trust beneficially owned by each Trustee in (i) each Fund and (ii) all of the Funds in the Trusts, as of December 31, 2016.

 

17


Independent Trustees

 

Dollar Range of Equity Securities Owned by Each Trustee1

 

Name of Fund

  Kenneth A.
Drucker
    Edmond J.
English2
    Richard A.
Goglia
    Wendell J.
Knox2
    Martin T.
Meehan
    Maureen B.
Mitchell3
 

Natixis Funds Trust I

           

Loomis Sayles Core Plus Bond Fund

    A       A       A       A       A       N/A  

Loomis Sayles Multi-Asset Income Fund

    A       A       A       A       A       N/A  

Mirova Global Green Bond Fund*

    N/A       N/A       N/A       N/A       N/A       N/A  

Mirova Global Sustainable Equity Fund

    A       A       A       A       A       N/A  

Natixis Oakmark International Fund

    A       E       A       E       A       N/A  

Natixis U.S. Equity Opportunities Fund

    E       A       C       A       E       N/A  

Vaughan Nelson Small Cap Value Fund

    A       A       A       A       A       N/A  

Natixis Funds Trust II

              N/A  

ASG Dynamic Allocation Fund

    A       A       A       A       A       N/A  

ASG Global Alternatives Fund

    A       A       A       A       A       N/A  

ASG Managed Futures Strategy Fund

    A       A       A       A       A       N/A  

ASG Tactical U.S. Market Fund

    A       A       A       A       A       N/A  

Loomis Sayles Global Growth Fund

    A       A       A       A       A       N/A  

Loomis Sayles Strategic Alpha Fund

    A       A       A       A       A       N/A  

Loomis Sayles Dividend Income Fund

    A       A       A       A       A       N/A  

Loomis Sayles Senior Floating Rate and Fixed Income Fund

    A       A       A       A       A       N/A  

McDonnell Intermediate Municipal Bond Fund

    A       A       A       A       A       N/A  

Natixis Oakmark Fund

    A       A       A       A       A       N/A  

Vaughan Nelson Select Fund

    A       A       C       A       A       N/A  

Vaughan Nelson Value Opportunity Fund

    A       A       A       A       A       N/A  

 

18


Dollar Range of Equity Securities Owned by Each Trustee1

 

Name of Fund

  Kenneth A.
Drucker
    Edmond J.
English2
    Richard A.
Goglia
    Wendell J.
Knox2
    Martin T.
Meehan
    Maureen B.
Mitchell3
 

Natixis Funds Trust IV

              N/A  

AEW Real Estate Fund

    A       A       C       A       A       N/A  

Natixis Sustainable Future 2015 Fund*

    N/A       N/A       N/A       N/A       N/A       N/A  

Natixis Sustainable Future 2020 Fund*

    N/A       N/A       N/A       N/A       N/A       N/A  

Natixis Sustainable Future 2025 Fund*

    N/A       N/A       N/A       N/A       N/A       N/A  

Natixis Sustainable Future 2030 Fund*

    N/A       N/A       N/A       N/A       N/A       N/A  

Natixis Sustainable Future 2035 Fund*

    N/A       N/A       N/A       N/A       N/A       N/A  

Natixis Sustainable Future 2040 Fund*

    N/A       N/A       N/A       N/A       N/A       N/A  

Natixis Sustainable Future 2045 Fund*

    N/A       N/A       N/A       N/A       N/A       N/A  

Natixis Sustainable Future 2050 Fund*

    N/A       N/A       N/A       N/A       N/A       N/A  

Natixis Sustainable Future 2055 Fund*

    N/A       N/A       N/A       N/A       N/A       N/A  

Natixis Sustainable Future 2060 Fund*

    N/A       N/A       N/A       N/A       N/A       N/A  

Loomis Sayles Funds I

              N/A  

Loomis Sayles Core Disciplined Alpha Bond Fund

    A       A       A       A       A       N/A  

Loomis Sayles Bond Fund

    A       A       A       E       A       N/A  

Loomis Sayles Fixed Income Fund

    A       A       A       A       A       N/A  

Loomis Sayles Global Bond Fund

    A       A       A       A       A       N/A  

Loomis Sayles High Income Opportunities Fund

    A       A       A       A       A       N/A  

Loomis Sayles Inflation Protected Securities Fund

    A       A       A       A       A       N/A  

Loomis Sayles Institutional High Income Fund

    A       A       A       A       A       N/A  

Loomis Sayles Intermediate Duration Bond Fund

    A       A       A       C       A       N/A  

 

19


Dollar Range of Equity Securities Owned by Each Trustee1

 

Name of Fund

  Kenneth A.
Drucker
    Edmond J.
English2
    Richard A.
Goglia
    Wendell J.
Knox2
    Martin T.
Meehan
    Maureen B.
Mitchell3
 

Loomis Sayles Investment Grade Fixed Income Fund

    A       A       A       A       A       N/A  

Loomis Sayles Securitized Asset Fund

    A       A       A       A       A       N/A  

Loomis Sayles Small Cap Value Fund

    A       A       A       A       A       N/A  

Loomis Sayles Funds II

              N/A  

Loomis Sayles Global Equity and Income Fund

    A       A       A       A       E       N/A  

Loomis Sayles Growth Fund

    A       A       A       E       A       N/A  

Loomis Sayles High Income Fund

    A       A       A       A       A       N/A  

Loomis Sayles Investment Grade Bond Fund

    A       E       C       A       A       N/A  

Loomis Sayles Limited Term Government and Agency Fund

    A       A       A       A       A       N/A  

Loomis Sayles Small Cap Growth Fund

    A       A       A       E       A       N/A  

Loomis Sayles Small/Mid Cap Growth

    A       A       A       A       A       N/A  

Loomis Sayles Strategic Income Fund

    A       E       A       A       A       N/A  

Loomis Sayles Value Fund

    A       A       A       A       A       N/A  

Gateway Trust

              N/A  

Gateway Equity Call Premium Fund

    A       A       A       A       A       N/A  

Gateway Fund

    E       A       A       A       A       N/A  

Natixis ETF Trust

              N/A  

Natixis Seeyond International Minimum Volatility ETF

    A       A       A       A       A       N/A  
              N/A  

Aggregate Dollar Range of Equity Securities in All Funds Overseen by Trustee in Family of Investment Companies

    E       E       E       E       E       N/A  

 

20


Dollar Range of Equity Securities Owned by Each Trustee1

 

Name of Fund

   Sandra O.
Moose
     James P.
Palermo
     Erik R.
Sirri2
     Peter J.
Smail
     Cynthia L.
Walker2
 

Natixis Funds Trust I

              

Loomis Sayles Core Plus Bond Fund

     A        A        A        A        A  

Loomis Sayles Multi-Asset Income Fund

     A        A        A        A        A  

Mirova Global Green Bond Fund*

     N/A        N/A        N/A        N/A        N/A  

Mirova Global Sustainable Equity Fund

     A        A        A        A        A  

Natixis Oakmark International Fund

     E        A        E        A        A  

Natixis U.S. Equity Opportunities Fund

     A        A        A        A        A  

Vaughan Nelson Small Cap Value Fund

     A        A        A        A        A  

Natixis Funds Trust II

              

ASG Dynamic Allocation Fund

     A        A        A        A        A  

ASG Global Alternatives Fund

     A        E        A        A        E  

ASG Managed Futures Strategy Fund

     A        C        A        A        A  

ASG Tactical U.S. Market Fund

     A        A        A        A        A  

Loomis Sayles Global Growth Fund

     A        A        A        A        A  

Loomis Sayles Strategic Alpha Fund

     A        A        A        A        A  

Loomis Sayles Dividend Income Fund

     A        A        A        A        A  

Loomis Sayles Senior Floating Rate and Fixed Income Fund

     A        A        A        E        A  

McDonnell Intermediate Municipal Bond Fund

     A        A        A        A        A  

Natixis Oakmark Fund

     A        A        A        A        A  

Vaughan Nelson Select Fund

     A        A        A        A        A  

Vaughan Nelson Value Opportunity Fund

     A        A        A        A        A  

Natixis Funds Trust IV

              

AEW Real Estate Fund

     A        A        A        A        A  

Natixis Sustainable Future 2015 Fund*

     N/A        N/A        N/A        N/A        N/A  

Natixis Sustainable Future 2020 Fund*

     N/A        N/A        N/A        N/A        N/A  

Natixis Sustainable Future 2025 Fund*

     N/A        N/A        N/A        N/A        N/A  

Natixis Sustainable Future 2030 Fund*

     N/A        N/A        N/A        N/A        N/A  

Natixis Sustainable Future 2035 Fund*

     N/A        N/A        N/A        N/A        N/A  

Natixis Sustainable Future 2040 Fund*

     N/A        N/A        N/A        N/A        N/A  

Natixis Sustainable Future 2045 Fund*

     N/A        N/A        N/A        N/A        N/A  

Natixis Sustainable Future 2050 Fund*

     N/A        N/A        N/A        N/A        N/A  

Natixis Sustainable Future 2055 Fund*

     N/A        N/A        N/A        N/A        N/A  

Natixis Sustainable Future 2060 Fund*

     N/A        N/A        N/A        N/A        N/A  

 

21


Dollar Range of Equity Securities Owned by Each Trustee1

 

Name of Fund

   Sandra O.
Moose
     James P.
Palermo
     Erik R.
Sirri2
     Peter J.
Smail
     Cynthia L.
Walker2
 

Loomis Sayles Funds I

              

Loomis Sayles Core Disciplined Alpha Bond Fund

     A        A        A        A        A  

Loomis Sayles Bond Fund

     E        A        A        A        A  

Loomis Sayles Fixed Income Fund

     A        A        E        A        A  

Loomis Sayles Global Bond Fund

     A        A        A        A        A  

Loomis Sayles High Income Opportunities Fund

     A        A        A        A        A  

Loomis Sayles Inflation Protected Securities Fund

     A        A        A        A        A  

Loomis Sayles Institutional High Income Fund

     A        A        A        A        A  

Loomis Sayles Intermediate Duration Bond Fund

     A        A        A        A        A  

Loomis Sayles Investment Grade Fixed Income Fund

     A        A        E        A        A  

Loomis Sayles Securitized Asset Fund

     A        A        A        A        A  

Loomis Sayles Small Cap Value Fund

     A        A        A        A        A  

Loomis Sayles Funds II

              

Loomis Sayles Global Equity and Income Fund

     A        A        A        A        A  

Loomis Sayles Growth Fund

     A        A        A        A        A  

Loomis Sayles High Income Fund

     A        A        A        A        A  

Loomis Sayles Investment Grade Bond Fund

     A        A        A        A        A  

Loomis Sayles Limited Term Government and Agency Fund

     A        A        A        A        A  

Loomis Sayles Small Cap Growth Fund

     A        A        A        A        A  

Loomis Sayles Small/Mid Cap Growth

     A        A        A        A        A  

Loomis Sayles Strategic Income Fund

     A        A        A        E        E  

Loomis Sayles Value Fund

     A        A        A        A        E  

Gateway Trust

              

Gateway Equity Call Premium Fund

     A        A        A        A        A  

Gateway Fund

     A        A        A        A        E  

Natixis ETF Trust

              

Natixis Seeyond International Minimum Volatility ETF

     A        A        A        A        A  
              

Aggregate Dollar Range of Equity Securities in All Funds Overseen by Trustee in Family of Investment Companies

     E        E        E        E        E  

 

22


Interested Trustees

 

Dollar Range of Equity Securities Owned by Each Trustee1

 

Name of Fund

   Kevin P.
Charleston
     David L.
Giunta
 
Natixis Funds Trust I      

Loomis Sayles Core Plus Bond Fund

     E        A  

Loomis Sayles Multi-Asset Income Fund

     A        B  

Mirova Global Green Bond Fund*

     N/A        N/A  

Mirova Global Sustainable Equity Fund

     A        A  

Natixis Oakmark International Fund

     A        A  

Natixis U.S. Equity Opportunities Fund

     A        A  

Vaughan Nelson Small Cap Value Fund

     A        A  
Natixis Funds Trust II      

ASG Dynamic Allocation Fund

     A        A  

ASG Global Alternatives Fund

     A        A  

ASG Managed Futures Strategy Fund

     A        B  

Loomis Sayles Global Growth Fund

     A        A  

Loomis Sayles Strategic Alpha Fund

     A        A  

Loomis Sayles Dividend Income Fund

     A        A  

Loomis Sayles Senior Floating Rate and Fixed Income Fund

     E        A  

McDonnell Intermediate Municipal Bond Fund

     A        A  

Natixis Oakmark Fund

     A        A  

Vaughan Nelson Select Fund

     A        A  

Vaughan Nelson Value Opportunity Fund

     A        B  
Natixis Funds Trust IV      

AEW Real Estate Fund

     A        A  

Natixis Sustainable Future 2015 Fund*

     N/A        N/A  

Natixis Sustainable Future 2020 Fund*

     N/A        N/A  

Natixis Sustainable Future 2025 Fund*

     N/A        N/A  

Natixis Sustainable Future 2030 Fund*

     N/A        N/A  

Natixis Sustainable Future 2035 Fund*

     N/A        N/A  

Natixis Sustainable Future 2040 Fund*

     N/A        N/A  

Natixis Sustainable Future 2045 Fund*

     N/A        N/A  

Natixis Sustainable Future 2050 Fund*

     N/A        N/A  

Natixis Sustainable Future 2055 Fund*

     N/A        N/A  

Natixis Sustainable Future 2060 Fund*

     N/A        N/A  

 

23


Dollar Range of Equity Securities Owned by Each Trustee1

 

Name of Fund

   Kevin P.
Charleston
     David L.
Giunta
 
Loomis Sayles Funds I  

Loomis Sayles Core Disciplined Alpha Bond Fund

     A        A  

Loomis Sayles Bond Fund

     E        A  

Loomis Sayles Fixed Income Fund

     A        A  

Loomis Sayles Global Bond Fund

     D        A  

Loomis Sayles High Income Opportunities Fund

     A        A  

Loomis Sayles Inflation Protected Securities Fund

     E        A  

Loomis Sayles Institutional High Income Fund

     A        B  

Loomis Sayles Intermediate Duration Bond Fund

     A        A  

Loomis Sayles Investment Grade Fixed Income Fund

     A        A  

Loomis Sayles Securitized Asset Fund

     A        A  

Loomis Sayles Small Cap Value Fund

     E        A  
Loomis Sayles Funds II  

Loomis Sayles Global Equity and Income Fund

     E        A  

Loomis Sayles Growth Fund

     E        A  

Loomis Sayles High Income Fund

     A        A  

Loomis Sayles Investment Grade Bond Fund

     A        A  

Loomis Sayles Limited Term Government and Agency Fund

     A        A  

Loomis Sayles Small Cap Growth Fund

     E        A  

Loomis Sayles Small/Mid Cap Growth Fund

     A        A  

Loomis Sayles Strategic Income Fund

     A        A  

Loomis Sayles Value Fund

     E        A  
Gateway Trust  

Gateway Equity Call Premium Fund

     A        A  

Gateway Fund

     E        E  
Natixis ETF Trust  

Natixis Seeyond International Minimum Volatility ETF

     A        A  

Aggregate Dollar Range of Equity Securities in All Funds Overseen by Trustee in Family of Investment Companies

     E        E  

 

1  A.    None
  B.    $1 - 10,000
  C.    $10,001 - $50,000
  D.    $50,001 - $100,000
  E.    over $100,000

 

2  Amounts include notional amounts held through the Trustees’ deferred compensation plan.
3 Ms. Mitchell was appointed as a Trustee effective July 1, 2017.
* The Fund commenced operations on February 28, 2017.

 

24


To the knowledge of the Trusts, as of December 31, 2016, Independent Trustees and their immediate family members did not own securities of an investment adviser or principal underwriter of the Funds or a person (other than a registered investment company) directly or indirectly controlling, controlled by or under common control with an investment adviser or principal underwriter of the Funds.

The Trusts pay no compensation to their officers or to Trustees who are employees, officers or directors of NGAM Advisors, NGAM Distribution, or their affiliates.

The Chairperson of the Board receives a retainer fee at the annual rate of $325,000. The Chairperson does not receive any meeting attendance fees for Board meetings or committee meetings that he or she attends. Each Trustee who is not an employee, officer or director of NGAM Advisors, NGAM Distribution, or their affiliates (other than the Chairperson) receives, in the aggregate, a retainer fee at the annual rate of $155,000. Each Trustee who is not an employee, officer or director of NGAM Advisors, NGAM Distribution, or their affiliates also receives a meeting attendance fee of $10,000 for each meeting of the Board that he or she attends in person and $5,000 for each meeting of the Board that he or she attends telephonically. In addition, the Chairperson of the Audit Committee and the Chairperson of the Contract Review Committee each receive an additional retainer fee at an annual rate of $17,500. The Chairperson of the Governance Committee receives an additional retainer fee at an annual rate of $10,000. Each Contract Review Committee and Audit Committee member is compensated $6,000 for each committee meeting that he or she attends in person and $3,000 for each committee meeting that he or she attends telephonically. These fees are allocated among the funds in the Natixis Funds Trusts, Loomis Sayles Funds Trusts and Natixis ETF Trust based on a formula that takes into account, among other factors, the relative net assets of each mutual fund portfolio. Trustees are reimbursed for travel expenses in connection with attendance at meetings.

The Natixis Funds Trusts, Loomis Sayles Funds Trusts and Natixis ETF Trust do not provide pension or retirement benefits to Trustees, but have adopted a deferred compensation plan under which each Trustee may elect not to receive fees from the Funds on a current basis but to receive in a subsequent period an amount equal to the value that such fees would have been if they had been invested in a Fund or Funds selected by the Trustee on the normal payment date for such fees. The tables showing the Trustees’ compensation are attached as Appendix C to this Proxy Statement.

Independent Registered Public Accounting Firm.

At the regular meeting of the Board of Trustees on November 17, 2016, PricewaterhouseCoopers LLP (“PwC”) was selected and approved by the Board of Trustees for the series of Loomis Sayles Funds I, Loomis Sayles Funds II and Natixis Funds Trust I with the fiscal year ending September 30, 2017, for the series of Natixis Funds Trust II with the fiscal year ending November 30, 2017 and for the Loomis Sayles Core Disciplined Alpha Bond Fund, a newly organized series of Loomis Sayles Funds I, with the fiscal year ending September 30, 2017, the Natixis Sustainable Future

 

25


Funds, each a newly organized series of Natixis Funds Trust IV with a fiscal year ending January 31, 2018, and the Mirova Global Green Bond Fund, a newly organized series of Natixis Funds Trust I with a fiscal year ending December 31, 2017 to serve as the independent registered public accounting firm. At the regular meeting of the Board of Trustees on March 9, 2017, PwC was selected and approved by the Board of Trustees for the series of Natixis Funds Trust I (except Loomis Sayles Core Plus Bond Fund and Mirova Global Green Bond Fund), Natixis Funds Trust II (except Loomis Sayles Dividend Income Fund, Loomis Sayles Global Growth Fund, Loomis Sayles Senior Floating Rate and Fixed Income Fund and Vaughan Nelson Select Fund), Gateway Trust and the Natixis ETF Trust with a fiscal year ending December 31, 2017 and for the series of Natixis Funds Trust IV (except Natixis Sustainable Future Funds) with the fiscal year ending January 31, 2018 to serve as the independent registered public accounting. If requested by any Shareholder at a reasonable time before the Meeting, a representative of PwC will be present by telephone at the Meeting to respond to appropriate questions and will have an opportunity to make a statement if he or she chooses to do so. PwC is located at 101 Seaport Blvd., Boston, MA 02110.

The following table sets forth the aggregate fees billed for professional services rendered by PwC to the Trusts in each of the last two fiscal years.

 

Trust and Fiscal Year Ended

   Audit Fees1      Audit-Related
Fees2
     Tax Fees3      All Other
Fees4
 

Natixis Funds Trust I*

           

September 30, 2016

   $ 43,333      $ 950      $ 8,024      $ —    

September 30, 2015

   $ 42,693      $ 920      $ 7,905      $ —    

Natixis Funds Trust I*

           

December 31, 2016

   $ 165,763      $ 319      $ 87,587      $ —    

December 31, 2015

   $ 171,554      $ 368      $ 70,677      $ —    

Natixis Funds Trust II**

           

November 30, 2016

   $ 193,194      $ 306      $ 45,878      $ —    

November 30, 2015

   $ 195,917      $ 242      $ 43,894      $ —    

Natixis Funds Trust II**

           

December 31, 2016

   $ 403,304      $ 1,536      $ 126,561      $ —    

December 31, 2015

   $ 471,113      $ 1,144      $ 118,264      $ —    

Natixis Funds Trust IV***

           

January 31, 2017

   $ 49,367      $ 34      $ 15,703      $ —    

January 31, 2016

   $ 48,637      $ 31      $ 15,471      $ —    

Gateway Trust

           

December 31, 2016

   $ 81,644      $ 1,380      $ 17,490      $ —    

December 31, 2015

   $ 80,438      $ 1,050      $ 17,232      $ —    

 

26


Trust and Fiscal Year Ended

   Audit Fees1      Audit-Related
Fees2
     Tax Fees3      All Other
Fees4
 

Loomis Sayles Funds I

           

September 30, 2016

   $ 435,208      $ 13,478      $ 80,676      $ —    

September 30, 2015

   $ 428,778      $ 3,970      $ 142,086      $ —    

Loomis Sayles Funds II

           

September 30, 2016

   $ 377,341      $ 4,498      $ 80,572      $ —    

September 30, 2015

   $ 364,796      $ 4,574      $ 130,087      $ —    

Natixis ETF Trust****

           

December 31. 2016

   $ 35,096      $ —        $ 13,034      $ —    

 

1 Audit Fees: Fees related to the audit and review of the financial statements included in annual reports and registration statements, and other services that are normally provided in connection with statutory and regulatory filings or engagements.
2 Audit-Related Fees: Fees related to assurance and related services that are reasonably related to the performance of the audit or review of financial statements, but not reported under “Audit Fees,” including accounting consultations for proposed transactions or concerning financial accounting and reporting standards and other audit or attest services not required by statute or regulation.
3 Tax Fees: Fees associated with tax compliance, tax advice and tax planning, including services relating to the filing or amendment of federal, state or local income tax returns, regulated investment company qualification reviews and tax distribution and analysis reviews.
4 All Other Fees: Fees for products and services provided by the auditor other than those reported under “Audit Fees,” “Audit-Related Fees” and “Tax Fees.”
* One series of Natixis Funds Trust I, Loomis Sayles Core Plus Bond Fund, has a fiscal year end of September 30, which is different from the other Funds in the Trust.
** Four series of Natixis Funds Trust II, Loomis Sayles Dividend Income Fund, Loomis Sayles Global Growth Fund, Loomis Sayles Senior Floating Rate and Fixed Income Fund and Vaughan Nelson Select Fund, have a fiscal year end of November 30, which is different from the other Funds in the Trust.
*** The Natixis Sustainable Future Funds commenced operations on February 28, 2017.
**** The one series of the Trust, Natixis Seeyond International Minimum Volatility ETF, commenced operations on October 21, 2016.

On an annual basis, the Treasurer of the Funds submits to the Audit Committee information on the audit, audit-related, tax and other non-audit services to be rendered to the Funds that require pre-approval by the Audit Committee. This information provides a description of each type of service that is expected to require pre-approval, the maximum fees that can be paid for each service without further approval and the rationale for engaging the independent auditor to perform each service. The Audit Committee reviews and approves these services and reviews the projected fees for the next calendar year.

A report is provided to the Audit Committee at regularly scheduled, quarterly Audit Committee meetings containing a summary of the services provided during the prior quarter and the level of fees associated with those services. Any subsequent revisions to already pre-approved services or fees (including fee increases) are also presented for consideration at the quarterly meetings as needed. If, subsequent to the

 

27


annual pre-approval of services by the Audit Committee, the Funds or one of their affiliates determine that they would like to engage the Funds’ independent auditors to perform a service not already pre-approved, the Funds or such affiliate submits a request to the Treasurer. If the Treasurer determines that the service fits within the independence guidelines (e.g., it is not a prohibited service), the Treasurer will arrange for a discussion of the service to be included on the agenda for the next regularly scheduled Audit Committee meeting so that pre-approval can be considered.

If, in the opinion of the Treasurer of the Funds, a proposed engagement needs to commence before the next regularly scheduled Audit Committee meeting, the Treasurer shall submit a written summary of the proposed engagement to all members of the Audit Committee outlining the services, the estimated maximum cost, the category of the services (e.g., audit, audit-related, tax or other) and the rationale for engaging the independent auditor to perform the services. Pursuant to procedures approved by the Board, to the extent the proposed engagement involves audit, audit-related or tax services, any one individual member of the Audit Committee who is an Independent Trustee is authorized under these procedures to pre-approve the engagement. To the extent the proposed engagement involves non-audit services other than audit, audit-related or tax services, the approval of a majority of the Audit Committee is required to pre-approve the engagement. The Treasurer will arrange for this interim review and coordinate with the appropriate member(s) of the Audit Committee. An independent auditor must not commence the engagement under consideration until the Treasurer has indicated that the requisite approval has been obtained. The member of the Audit Committee who pre-approves any engagements between regularly scheduled Audit Committee meetings must report, for informational purposes only, any such pre-approval decisions to the Audit Committee at its next regularly scheduled meeting. The percentage of “Audit-Related Fees,” “Tax Fees” and “All Other Fees” set forth in the table above that were approved pursuant to 17 C.F.R. 210.2-01(c)(7)(i)(C) was zero.

The following table sets forth the aggregate fees billed for non-audit services rendered by PwC to each Trust and to their respective investment advisers (including the subadvisers who are affiliates of NGAM Advisors) and any other entity controlling, controlled by or under common control with an investment adviser that provides services to a Trust during each of the last two fiscal years.

 

Trust and Fiscal Year Ended

   Non-Audit Fees  

Natixis Funds Trust I*

  

September 30, 2016

   $ 119,120  

September 30, 2015

   $ 50,066  

Natixis Funds Trust I*

  

December 31, 2016

   $ 466,785  

December 31, 2015

   $ 257,566  

 

28


Trust and Fiscal Year Ended

   Non-Audit Fees  

Natixis Funds Trust II**

  

November 30, 2016

   $ 119,934  

November 30, 2015

   $ 50,066  

Natixis Funds Trust II**

  

December 31, 2016

   $ 466,785  

December 31, 2015

   $ 355,914  

Natixis Funds Trust IV***

  

January 31, 2017

   $ 127,500  

January 31, 2016

   $ 169,178  

Gateway Trust

  

December 31, 2016

   $ 82,978  

December 31, 2015

   $ 41,200  

Loomis Sayles Funds I

  

September 30, 2016

   $ 119,120  

September 30, 2015

   $ 50,066  

Loomis Sayles Funds II

  

September 30, 2016

   $ 119,120  

September 30, 2015

   $ 50,066  

Natixis ETF Trust****

  

December 31, 2016

   $ 82,978  

 

* One series of Natixis Funds Trust I, Loomis Sayles Core Plus Bond Fund, has a fiscal year end of September 30, which is different from the other Funds in the Trust.
** Four series of Natixis Funds Trust II, Loomis Sayles Dividend Income Fund, Loomis Sayles Global Growth Fund, Loomis Sayles Senior Floating Rate and Fixed Income Fund and Vaughan Nelson Select Fund, have a fiscal year end of November 30, which is different from the other Funds in the Trust.
*** The Natixis Sustainable Future Funds commenced operations on February 28, 2017.
**** The one series of the Trust, Natixis Seeyond International Minimum Volatility ETF, commenced operations on October 21, 2016.

In approving the selection of PwC, the Audit Committee considered, in addition to other practices and requirements relating to the selection of the Fund’s auditors, whether PwC’s provision of the non-audit services covered in the table above under “Non-Audit Fees” to the Funds, the investment advisers and certain related other parties are compatible with maintaining the independence of PwC as the Funds’ principal accountants.

 

29


Nomination and Election of Trustees By Shareholders.

The Agreement and Declaration of Trust of each Trust does not provide for the annual election of Trustees. However, in accordance with the 1940 Act, (i) each Trust will hold a shareholders’ meeting for the election of Trustees at such time as less than a majority of the Trustees holding office have been elected by shareholders, and (ii) if, as a result of a vacancy in the Board of Trustees, less than two-thirds of the Trustees holding office have been elected by the shareholders, that vacancy may only be filled by a vote of the shareholders. As mentioned above under “Standing Board Committees,” the duties of each Trust’s Governance Committee include the consideration and recommendation to the Independent Trustees and the full Board of candidates for election as Independent Trustees. This Committee will consider recommendations from shareholders that comply with the requirements discussed above. The charter of the Governance Committee is attached as Appendix A to this Proxy Statement.

The Governance Committee will, when a vacancy on the Board of Trustees exists or is anticipated, consider any candidate for Independent Trustee recommended by a shareholder of the Fund that is submitted in accordance with the procedures by which shareholders may communicate with the Board of Trustees. Pursuant to those procedures, shareholders must submit a recommendation for nomination in a signed writing addressed to the attention of the Board of Trustees, c/o Russell Kane, Secretary, NGAM Advisors, L.P., 888 Boylston Street, Suite 800, Boston, MA 02199-8197. This written communication must (i) be signed by the shareholder, (ii) include the name and address of the shareholder, (iii) identify the Trust(s) to which the communication relates, and (iv) identify the account number, class and number of shares held by the shareholder as of a recent date or the intermediary through which the shares are held. The recommendation must be received in a timely manner (and in any event no later than the date, if any, specified for receipt of shareholder proposals in any applicable proxy statement or shareholder report with respect to the Fund). A recommendation for trustee nomination shall be kept on file and considered by the Board for six (6) months from the date of receipt, after which the recommendation shall be considered stale and discarded. The recommendation must contain sufficient background information concerning the trustee candidate to enable a proper judgment to be made as to the candidate’s qualifications.

When nominating an individual to fill a vacancy on a Fund’s Board, the Governance Committee may seek referrals from a variety of sources, including current Trustees, management of the Funds, Fund counsel, and counsel to the Independent Trustees, as well as shareholders of the Funds in accordance with the procedures described above. The Governance Committee has not established specific, minimum qualifications that must be met by an individual to be recommended by the Committee for nomination as an Independent Trustee. The Governance Committee, however, believes that the Board as a whole should reflect a diversity of viewpoints, and will generally consider each nominee’s professional experience, education, financial

 

30


expertise, gender, ethnicity, age and other individual qualities and attributes, such considerations will vary based on the Board’s existing composition. The Governance Committee conducts an annual self-assessment and will consider the effectiveness of its diversity policy as part of this process.

In evaluating nominees for a position on the Board, the Governance Committee may consider a variety of factors, including (i) the nominee’s reputation for integrity, honesty and adherence to high ethical standards; (ii) the nominee’s educational and professional accomplishments; (iii) the nominee’s demonstrated business acumen, including, but not limited to, knowledge of the mutual fund industry and/or any experience possessed by the nominee as a director or senior officer of a financial services company or a public company; (iv) the nominee’s ability to exercise sound judgment in matters related to the objectives of the Funds; (v) the nominee’s willingness to contribute positively to the decision-making process of the Board and to bring an independent point of view; (vi) the nominee’s commitment to and ability to devote the necessary time and energy to be an effective independent trustee; (vii) the nominee’s ability to understand the sometimes conflicting interests of various constituencies of the Funds and to act in the interests of all shareholders; (viii) the absence of conflicts of interests that would impair his or her ability to represent all shareholders and to fulfill trustee fiduciary responsibilities; (ix) the nominee’s ability to be collegial and compatible with current members of the Board and management of the Funds; (x) any specific financial, technical or other expertise possessed by the nominee, and the extent to which such expertise would complement the Board’s existing mix of skills and qualifications; (xi) the nominee’s ability to qualify as an Independent Trustee for purposes of applicable regulations; and (xii) such other factors as the Committee may request in light of the existing composition of the Board and any anticipated vacancies or other transitions. Prior to making a final recommendation to the Board, the Governance Committee may conduct personal interviews with the nominees it concludes are the most qualified candidates. Any individuals recommended by shareholders will be evaluated in the same manner as individuals brought to the Board’s attention in some other manner.

The nomination and evaluative process used by the Governance Committee is intended to result in a well-rounded and diverse Board that is composed of individuals who can fairly represent the interests and concerns of Fund shareholders.

Shareholder Communications with the Board.

Shareholders may mail written communications to the Board of Trustees, addressed as follows:

To the Attention of the Board of Trustees

c/o Russell Kane, Secretary

NGAM Advisors, L.P.

888 Boylston Street, Suite 800, Boston, MA 02199-8197

 

31


A shareholder’s written communication must (i) be signed by the shareholder, (ii) include the shareholder’s name and address, (iii) identify the Fund(s) to which it relates and (iv) identify the account number, class and number of shares held by the shareholder as of a recent date or the intermediary through which the shares are held. Shareholders may also email communications to the Board of Trustees to secretaryofthefunds@ngam.natixis.com, provided, however, that communications regarding recommendations for Trustee candidates may not be submitted by email and must instead be submitted as described above.

The Secretary is responsible for collecting, reviewing and organizing all properly submitted shareholder communications. Except as provided below, the Secretary shall either (i) provide a copy of each properly submitted shareholder communication to the appropriate Committee of the Board, as determined by the Secretary, at the next regularly scheduled Board meeting or (ii) if the Secretary determines that the communication requires more immediate attention, forward the communication to the appropriate Board Committee promptly after receipt; in either case, the Secretary may also provide, in addition to such shareholder communication, a proposed response to such communication. Except with respect to shareholder recommendations regarding candidates for the Board, the Secretary may, in good faith, determine that a shareholder communication should not be provided to the Board because it does not reasonably relate to a Fund or its operations, management, activities, policies, service providers, Board, officers, shareholders or other matters relating to an investment in the Fund or is otherwise ministerial in nature (such as a request for Fund literature, share data or financial information). These procedures shall not apply to (i) any communication from an officer or Trustee of the Fund, (ii) any communication from an employee or agent (for example, an employee of the Fund’s investment adviser, administrator, custodian, distributor and transfer agent) of the Fund, unless such communication is made solely in such employee’s or agent’s capacity as a shareholder, or (iii) any shareholder proposal submitted pursuant to Rule 14a-8 under the Securities Exchange Act of 1934, as amended, or any communication made in connection with such a proposal (i.e., shareholder proxy proposals).

The Board of Trustees believes that the election of each Nominee is in the best interests of shareholders of the Trusts. Accordingly, the Board unanimously recommends that shareholders vote FOR the election of each Nominee.

Important Notice Regarding Delivery of Shareholder Documents

In our continuing effort to reduce your Fund’s expenses and the amount of mail that you receive from the Funds, we will mail only a single copy of prospectuses, proxy statements, Notice of Internet Availability of Proxy Materials and financial reports to your household when more than one family member owns the same fund or funds. Additional copies may be obtained by calling 800-225-5478.

 

32


This program will be in effect until you notify us that you do not want to participate in this combined mailing program. If you wish to receive separate mailings for each member of your household in the future, please call us and we will resume separate mailings within 30 days of your request.

II. OTHER INFORMATION

Investment Advisers and Subadvisers.

The following table lists each Fund’s investment adviser and, where applicable, subadviser(s). Information about the advisers and subadvisers is provided after the table.

 

Trust

  

Fund

  

Adviser

  

Subadviser(s)

Natixis Funds Trust I   

Loomis Sayles Core

Plus Bond Fund

   Loomis Sayles    N/A
Natixis Funds Trust I    Loomis Sayles Multi-Asset Income Fund    NGAM Advisors    Loomis Sayles
Natixis Funds Trust I    Mirova Global Green Bond Fund    Natixis Asset Management U.S., LLC    N/A
Natixis Funds Trust I    Mirova Global Sustainable Equity Fund    Natixis Asset Management U.S., LLC    N/A
Natixis Funds Trust I    Natixis Oakmark International Fund    NGAM Advisors    Harris Associates L.P.
Natixis Funds Trust I    Natixis U.S. Equity Opportunities Fund    NGAM Advisors   

Harris Associates L.P.

Loomis Sayles

Natixis Funds Trust I   

Vaughan Nelson Small

Cap Value Fund

   NGAM Advisors    Vaughan Nelson Investment Management, L.P.
Natixis Funds Trust II    ASG Dynamic Allocation Fund    AlphaSimplex Group, LLC    N/A
Natixis Funds Trust II    ASG Global Alternatives Fund    AlphaSimplex Group, LLC    N/A
Natixis Funds Trust II    ASG Managed Futures Strategy Fund    AlphaSimplex Group, LLC    N/A
Natixis Funds Trust II    ASG Tactical U.S. Market Fund    AlphaSimplex Group, LLC    NGAM Advisors
Natixis Funds Trust II    Loomis Sayles Dividend Income Fund    Loomis Sayles    N/A
Natixis Funds Trust II    Loomis Global Growth Fund    Loomis Sayles    N/A
Natixis Funds Trust II    Loomis Sayles Senior Floating Rate and Fixed Income Fund    Loomis Sayles    N/A

 

33


Trust

  

Fund

  

Adviser

  

Subadviser(s)

Natixis Funds Trust II    Loomis Sayles Strategic Alpha Fund    Loomis Sayles    N/A
Natixis Funds Trust II    McDonnell Intermediate Municipal Bond Fund    NGAM Advisors    McDonnell Investment Management, LLC
Natixis Funds Trust II    Natixis Oakmark Fund    NGAM Advisors    Harris Associates L.P.
Natixis Funds Trust II    Vaughan Nelson Select Fund    NGAM Advisors    Vaughan Nelson Investment Management, L.P.
Natixis Funds Trust II   

Vaughan Nelson Value

Opportunity Fund

   NGAM Advisors    Vaughan Nelson Investment Management, L.P.
Natixis Funds Trust IV    AEW Real Estate Fund   

AEW Capital

Management, L.P.

   N/A
Natixis Funds Trust IV    Natixis Sustainable Future 2015 Fund    NGAM Advisors   

Natixis Asset Management, U.S., LLC

Wilshire Associates Incorporated

Natixis Funds Trust IV    Natixis Sustainable Future 2020 Fund    NGAM Advisors   

Natixis Asset Management, U.S., LLC

Wilshire Associates Incorporated

Natixis Funds Trust IV    Natixis Sustainable Future 2025 Fund    NGAM Advisors   

Natixis Asset Management, U.S., LLC

Wilshire Associates Incorporated

Natixis Funds Trust IV    Natixis Sustainable Future 2030 Fund    NGAM Advisors   

Natixis Asset Management, U.S., LLC

Wilshire Associates Incorporated

Natixis Funds Trust IV    Natixis Sustainable Future 2035 Fund    NGAM Advisors   

Natixis Asset Management, U.S., LLC

Wilshire Associates Incorporated

Natixis Funds Trust IV    Natixis Sustainable Future 2040 Fund    NGAM Advisors   

Natixis Asset Management, U.S., LLC

Wilshire Associates Incorporated

Natixis Funds Trust IV    Natixis Sustainable Future 2045 Fund    NGAM Advisors   

Natixis Asset Management, U.S., LLC

Wilshire Associates Incorporated

 

34


Trust

  

Fund

  

Adviser

  

Subadviser(s)

Natixis Funds Trust IV    Natixis Sustainable Future 2050 Fund    NGAM Advisors   

Natixis Asset Management, U.S., LLC

Wilshire Associates Incorporated

Natixis Funds Trust IV    Natixis Sustainable Future 2055 Fund    NGAM Advisors   

Natixis Asset Management, U.S., LLC

Wilshire Associates Incorporated

Natixis Funds Trust IV    Natixis Sustainable Future 2060 Fund    NGAM Advisors   

Natixis Asset Management, U.S., LLC

Wilshire Associates Incorporated

Gateway Trust    Gateway Equity Call Premium Fund   

Gateway Investment

Advisers, LLC

   N/A
Gateway Trust    Gateway Fund   

Gateway Investment

Advisers, LLC

   N/A
Loomis Sayles Funds I    Loomis Sayles Core Disciplined Alpha Bond Fund    Loomis Sayles    N/A
Loomis Sayles Funds I   

Loomis Sayles Bond

Fund

   Loomis Sayles    N/A
Loomis Sayles Funds I   

Loomis Sayles Fixed

Income Fund

   Loomis Sayles    N/A
Loomis Sayles Funds I   

Loomis Sayles Global

Bond Fund

   Loomis Sayles    N/A
Loomis Sayles Funds I    Loomis Sayles High Income Opportunities Fund    Loomis Sayles    N/A
Loomis Sayles Funds I    Loomis Sayles Inflation Protected Securities Fund    Loomis Sayles    N/A
Loomis Sayles Funds I    Loomis Sayles Institutional High Income Fund    Loomis Sayles    N/A
Loomis Sayles Funds I    Loomis Sayles Intermediate Duration Bond Fund    Loomis Sayles    N/A
Loomis Sayles Funds I    Loomis Sayles Investment Grade Fixed Income Fund    Loomis Sayles    N/A
Loomis Sayles Funds I   

Loomis Sayles

Securitized Asset Fund

   Loomis Sayles    N/A
Loomis Sayles Funds I   

Loomis Sayles Small

Cap Value Fund

   Loomis Sayles    N/A

 

35


Trust

  

Fund

  

Adviser

  

Subadviser(s)

Loomis Sayles

Funds II

  

Loomis Sayles Global

Equity and Income Fund

   Loomis Sayles    N/A

Loomis Sayles

Funds II

  

Loomis Sayles Growth

Fund

   Loomis Sayles    N/A

Loomis Sayles

Funds II

  

Loomis Sayles High

Income Fund

   Loomis Sayles    N/A

Loomis Sayles

Funds II

   Loomis Sayles Investment Grade Bond Fund    Loomis Sayles    N/A

Loomis Sayles

Funds II

   Loomis Sayles Limited Term Government and Agency Fund    Loomis Sayles    N/A

Loomis Sayles

Funds II

  

Loomis Sayles Small

Cap Growth

   Loomis Sayles    N/A

Loomis Sayles

Funds II

  

Loomis Sayles Small/Mid

Cap Growth Fund

   Loomis Sayles    N/A

Loomis Sayles

Funds II

  

Loomis Sayles

Strategic Income Fund

   Loomis Sayles    N/A

Loomis Sayles

Funds II

  

Loomis Sayles Value

Fund

   Loomis Sayles    N/A
Natixis ETF Trust    Natixis Seeyond International Minimum Volatility ETF    NGAM Advisors    Natixis Asset Management, U.S., LLC

NGAM Advisors is located at 888 Boylston Street, Suite 800, Boston, Massachusetts 02199-8197.

Natixis Asset Management, U.S., LLC is located at 888 Boylston Street, Suite 800, Boston, Massachusetts 02199-8197.

Loomis, Sayles & Company, L.P. is located at One Financial Center, Boston, Massachusetts 02111.

AEW Capital Management, L.P. is located at World Trade Center East, Two Seaport Lane, Boston, Massachusetts 02210.

AlphaSimplex Group LLC is located at 255 Main Street, Cambridge, Massachusetts 02142.

Gateway Investment Advisers, LLC is located at 312 Walnut Street, Cincinnati, Ohio 45202.

 

36


Harris Associates L.P. is located at 111 S. Wacker Drive, Suite 4600, Chicago, Illinois 60602.

McDonnell Investment Management, LLC is located at 18 W. 140 Butterfield Road, Oakbrook Terrace, Illinois 60181.

Vaughan Nelson Investment Management, L.P. is located at 600 Travis Street, Suite 6300, Houston, Texas 77002.

Wilshire Associates Incorporated is located at 1299 Ocean Avenue, Suite 700, Santa Monica, California 90401

Principal Underwriters.

NGAM Distribution, L.P., located at 888 Boylston Street, Suite 800, Boston, Massachusetts 02199-8197, is the principal underwriter for the Funds (except Natixis Seeyond International Minimum Volatility ETF).

ALPS Distributors, Inc., located at 1290 Broadway, Suite 1100, Denver, Colorado 80203, is the principal underwriter for the Natixis Seeyond International Minimum Volatility ETF.

Administrator and Advisory Administrator.

NGAM Advisors, located at 888 Boylston Street, Suite 800, Boston, Massachusetts 02199-8197, serves as administrator for the Funds. NGAM Advisors also serves as advisory administrator to the Loomis Sayles Core Plus Bond Fund.

Fund Annual and Semi-Annual Reports.

Except as stated otherwise, Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV, Loomis Sayles Funds I, Loomis Sayles Funds II, Gateway Trust and Natixis ETF Trust have previously sent their Annual and Semi-Annual Reports to their shareholders. You can obtain a copy of these Reports without charge by writing to NGAM Distribution, L.P., 888 Boylston Street, Suite 800, Boston, MA 02199-8197 or by calling 1-800-225-5478 (1-800-458-7452 for Natixis ETF Trust). In addition, the Funds’ Annual and Semi-Annual Reports are available on the Funds’ websites, www.ngam.natixis.com for the Natixis Funds and www.loomissayles.com for the Loomis Sayles Funds.

Certain Purchases and Sales of Securities.

There were no purchases or sales by any of the Trustees of any securities in excess of 1% of any class of outstanding securities of any adviser, any subadviser, or any of their parents or subsidiaries since the beginning of each Fund’s most recently completed fiscal year.

 

37


Certain Relationships and Interests of Trustees and Officers.

No Trustees or officers, nor any associate of any of the foregoing, have any substantial interest, direct or indirect, by security holdings or otherwise, in any matter to be acted upon, other than elections to office.

Outstanding Shares and Significant Shareholders.

Shareholders of record at the close of business on September 15, 2017 are entitled to notice of and to vote at the Meeting and any adjournment(s) or postponement(s) thereof. Appendix B to this Proxy Statement lists for each Fund the total number of shares outstanding as of September 15, 2017 for each class of the Fund’s shares. Each whole share shall be entitled to one vote as to any matter on which it is entitled to vote and each fractional share shall be entitled to a proportionate fractional vote. Appendix B also identifies holders, as of September 15, 2017, of more than 5% of any class of shares of each Fund, and contains information about the shareholdings in the Funds of the Trustees and the executive officers of the Funds as of September 15, 2017.

Information About Proxies and the Conduct of the Meeting.

Solicitation of Proxies.

Proxies will be solicited primarily by mailing this Proxy Statement and its enclosures, but proxies may also be solicited through further mailings, telephone calls, personal interviews or e-mail by officers of the Trusts or by employees or agents of NGAM Advisors, Loomis Sayles, or their respective affiliates. In addition, Computershare Fund Services, Inc. has been engaged to provide shareholder meeting services, including the distribution of this Proxy Statement and related materials to shareholders as well as vote solicitation and tabulation, at an estimated cost of approximately $120,000.

Costs of Solicitation.

The costs of the Meeting, including the costs of soliciting proxies, printing and mailing this proxy statement to shareholders, will be paid by the Trusts.

Voting and Tabulation of Proxies.

Shares represented by duly executed and timely proxies will be voted as instructed on the proxy. If no instructions are given, the proxy will be voted in favor of all of the Nominees for election as Trustees of the Trusts. You may vote by any one of the three following methods: (1) by mailing the enclosed proxy card, (2) through use of the internet or (3) by telephone. If you mail the enclosed proxy card and no choice is indicated for a proposal listed in the attached Notice of Meeting, your proxy will be voted in favor of that proposal, including all of the Nominees for election as Trustees. Votes made through use of the internet or by telephone must have an indicated choice in order to be accepted. At any time before it has been voted, your proxy may be

 

38


revoked in one of the following ways: (i) by sending a signed, written letter of revocation to the Secretary of the Trusts, (ii) by properly executing a later-dated proxy (by any of the methods of voting described above) or (iii) by attending the Meeting, requesting the return of any previously delivered proxy and voting in person. Votes cast in person or by proxy at the Meeting will be counted by persons appointed by the Funds as tellers for the Meeting (the “Tellers”). For Proposal 1, the election of Trustees, 30% of the shares of Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV, Loomis Sayles Funds I, Loomis Sayles Funds II and Gateway Trust and 33 13% of the shares of Natixis ETF Trust outstanding on the record date, present in person or represented by proxy, constitute quorums for the transaction of business by the shareholders of that Trust at the Meeting. In determining whether a quorum is present, the Tellers will count shares represented by proxies that reflect abstentions, and “broker non-votes,” as shares that are present and entitled to vote. These shares will have no effect on whether Proposal 1 is approved. “Broker non-votes” are shares held by brokers or nominees as to which (i) the broker or nominee does not have discretionary voting power and (ii) the broker or nominee has not received instructions from the beneficial owner or other person who is entitled to instruct how the shares will be voted.

Votes on Proposal 1 (Election of Trustees) will be tabulated on a Trust basis, such that shareholders of the Funds within each Trust will vote together as a single class to elect the Board of Trustees of that Trust. For a Trust, the approval of a Nominee is not contingent upon approval of any other Nominee. Similarly, the outcome of the vote for one Trust will not affect the outcome of any other Trust.

Required Vote.

The election of the Nominees will require the affirmative vote of a plurality of the votes cast at the Meeting (each Trust voting separately and all Funds of each Trust voting together as a single class) present at the Meeting in person or by proxy, assuming a quorum is present. If the required vote for a Nominee is not obtained for any Trust, the Trustees will consider what other actions, if any, to take in the best interests of that Trust.

Adjournments; Other Business.

In the event that a quorum is not present for purposes of acting on a proposal, or if sufficient votes in favor of any proposal are not received by the time of the Meeting, the persons named as proxies may propose that the Meeting be adjourned or postponed one or more times as to that Trust in order to permit further solicitation of proxies for any such proposal(s). Any adjournment requires the affirmative vote of a majority of the votes properly cast on the question, whether or not a quorum is present. The persons named as proxies will vote in favor of any such adjournment all proxies that they are entitled to vote in favor of any Nominee that has not been elected. They will vote against any such adjournment any proxy that withholds authority to with respect to each Nominee. They will not vote any proxy that directs them to abstain from voting on any proposal.

 

39


The Meeting has been called to transact any business that properly comes before it. The only business that management of the Funds intends to present or knows that others will present is the election of the Trustees of the Trusts. If any other matters properly come before the Meeting, and on all matters incidental to the conduct of the Meeting, the persons named as proxies intend to vote the proxies in accordance with their judgment, unless the Secretary of the Trusts has previously received written contrary instructions from the shareholder entitled to vote the shares.

Shareholder Proposals at Future Meetings.

The Trusts do not hold annual or other regular meetings of shareholders. Shareholder proposals to be presented at any future meeting of shareholders of a Trust or a Fund must be received by the Trust or the Fund in writing a reasonable amount of time before the Trust solicits proxies for that meeting in order to be considered for inclusion in the proxy materials for that meeting.

 

40


Appendix A

Governance Committee

Of

Natixis Funds Trust I

Natixis Funds Trust II

Natixis Funds Trust IV

Loomis Sayles Funds I

Loomis Sayles Funds II

Gateway Trust

Natixis ETF Trust

CHARTER

 

1) The Governance Committee (the “Committee”) of Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV, Loomis Sayles Funds I, Loomis Sayles Funds II, Gateway Trust and Natixis ETF Trust (the “Trusts”) shall be composed entirely of trustees who are not employees, officers or directors of NGAM Advisors, L.P., NGAM Distribution, L.P. or their affiliates.

 

2) The purposes of the Committee are:

 

  a) Governance Matters:

The Committee shall:

 

  i) Review the composition of the board to determine whether it may be appropriate to add individuals with different backgrounds or skill sets from those already on the board;

 

  ii) Make and consider nominations for independent trustee membership on the Board of Trustees when necessary, pursuant to the procedures set forth in Appendix A hereto;

 

  iii) Review committee assignments on an annual basis with the intention of periodic rotation of members between and among the committees to facilitate comprehensive experience by all independent trustees while maintaining adequate continuity of experience within each committee;

 

  iv) At least annually, review board governance practices and procedures and shall recommend any appropriate changes to the full board;

 

  v) Review as necessary the responsibilities of each committee of the Board, whether there is continuing need for each committee, whether there is a need for additional committees of the Board, and whether committees should be combined or reorganized. The Committee shall make recommendations for any such action to the full board;

 

  vi) Review trustee compensation annually and shall recommend any appropriate changes to the independent trustees;

 

41


  vii) Oversee and manage, with the assistance of counsel to the independent trustees, the annual assessment of the Board and its Committees;

 

3) Other Powers and Responsibilities:

 

  a) The Committee in its discretion, may delegate any of the responsibilities set forth above to one or more sub-committees;

 

  b) The Committee shall have the resources and authority appropriate to discharge its responsibilities, including authority to retain special counsel and other experts or consultants at the expense of the appropriate Trust; and

 

  c) The Committee shall review this charter at least annually and recommend any changes to the full board.

The recurring agenda items for the Committee are updated annually and posted on Diligent Boards in the Resource Center.

Appendix A – Procedures with Respect to Nominees to the Board

 

  I. Identification of Candidates. When a vacancy on the Board of the Trusts exists or is anticipated, the Committee may make nominations for Trustee membership. When nominating an individual to fill a vacancy on the Trust’s Board, the Committee may seek referrals from a variety of sources, including current Trustees, management of the Funds, Funds counsel and counsel to the Independent Trustees, and shareholders of a Fund who submit recommendations in accordance with these procedures. The Committee has not established specific, minimum qualifications that must be met by an individual in order for such person to be considered by the Committee for nomination as an Independent Trustee. The Committee, however, believes that the Board of Trustees as a whole should reflect a diversity of viewpoints, and will generally consider each nominee’s professional experience, education, skills, life experiences and other individual qualities.

 

  II. Shareholder Candidates. Except as provided below, the Committee also shall consider any candidate for Independent Trustee recommended by a shareholder of a Trust if such recommendation contains sufficient background information concerning the candidate to enable a proper judgment to be made as to the candidate’s qualifications, and the recommendation is received in a sufficiently timely manner (and in any event no later than the date specified for receipt of shareholder proposals in any applicable proxy statement with respect to a Fund). Shareholders shall be directed to address any such recommendations to the attention of the Board of Trustees, c/o Secretary of the Trusts. Such requirements may be contained in a Trust’s Declaration of Trust or Bylaws. In such case, any shareholder nominations must meet such requirements in order to be considered. A recommendation from a shareholder shall be kept on file and considered by the Board for six (6) months from the date of receipt, after which the recommendation shall be considered stale and discarded.

 

42


  III. Evaluation of Candidates. In evaluating nominees for a position on the Board, the Committee may consider any factors it deems appropriate, including, without limitation, (i) the nominee’s reputation for integrity, honesty and adherence to high ethical standards; (ii) the nominee’s educational and professional accomplishments; (iii) the nominee’s demonstrated business acumen, including, but not limited to, knowledge of the mutual fund industry and/or any experience possessed by the nominee as a director or senior officer of a financial services company or a public company; (iv) the nominee’s ability to exercise sound judgment in matters related to the objectives of the Funds; (v) the nominee’s willingness to contribute positively to the decision-making process of the Board and to bring an independent point of view; (vi) the nominee’s commitment to and ability to devote the necessary time and energy to be an effective independent trustee; (vii) the nominee’s ability to understand the sometimes conflicting interests of various constituencies of the Funds and to act in the interests of all shareholders; (viii) the absence of conflicts of interests that would impair his or her ability to represent all shareholders and to fulfill trustee fiduciary responsibilities; (ix) the nominee’s ability to be collegial and compatible with current members of the Board and management of the Funds; (x) any specific financial, technical or other expertise possessed by the nominee, and the extent to which such expertise would complement the Board’s existing mix of skills and qualifications; (xi) the nominee’s ability to qualify as an Independent Trustee for purposes of applicable regulations; and (xii) such other factors as the Committee may request in light of the existing composition of the Board and any anticipated vacancies or other transitions. Any individuals recommended by shareholders will be evaluated in the same manner as individuals brought to the Board’s attention in some other manner.

 

43


Appendix B

For each class of the Fund’s shares entitled to vote at the Meeting, the number of shares outstanding and the number of votes to which each class is entitled as of September 15, 2017 was as follows:

 

    Class A     Class C     Class N     Class Y  

Natixis Funds Trust I

       

Loomis Sayles Core Plus Bond Fund

    52,582,820.092       19,374,291.181       154,213,588.490       275,534,708.906  

Loomis Sayles Multi-Asset Income Fund

    4,578,222.753       2,694,207.275       2,416.519       2,430,157.02  

Mirova Global Green Bond Fund

    3,265.986       N/A       2,523,865.508       1,012.502  

Mirova Global Sustainable Equity Fund

    55,523.09       44,460.644       88.657       5,021,969.075  

Natixis Oakmark International Fund

    45,363,317.14       21,660,604.54       71.598       2,664,993.297  

Natixis U.S. Equity Opportunities Fund

    16,100,928.6       4,020,854.388       26.607       6,359,809.887  

Vaughan Nelson Small Cap Value Fund

    4,909,370.165       1,332,008.678       51.202       9,733,874.628  

Natixis Funds Trust II

       

ASG Dynamic Allocation Fund

    11,128.223       791.722       N/A       3,120,908.618  

ASG Global Alternatives Fund

    5,134,087.853       2,734,986.524       916,954.305       127,910,078.4  

ASG Managed Futures Strategy Fund

    28,924,101.07       5,871,089.748       102.038       275,319,044  

ASG Tactical U.S. Market Fund

    896,990.582       135,890.567       N/A       4,895,942.508  

Loomis Sayles Dividend Income Fund

    1,424,988.994       801,332.966       88.793       1,762,208.554  

Loomis Sayles Global Growth Fund

    92,383.330       8,823.865       88.889       1,184,091.193  

Loomis Sayles Senior Floating Rate and Fixed Income Fund

    44,092,486.327       32,428,737.602       10,346.662       213,545,786.953  

Loomis Sayles Strategic Alpha Fund

    7,081,206.653       3,613,640.134       5,071,980.011       107,902,139.6  

McDonnell Intermediate Municipal Bond Fund

    531,052.04       245,661.102       N/A       3,137,932.433  

Natixis Oakmark Fund

    7,878,711.69       2,812,590.665       43.275       1,690,913.561  

Vaughan Nelson Select Fund

    1,199,174.958       417,281.611       61.483       6,575,446.563  

Vaughan Nelson Value Opportunity Fund

    3,239,675.427       2,426,850.404       6,869,720.639       33,955,248.87  

 

44


    Class A     Class C     Class N     Class Y  

Natixis Funds Trust IV

 

AEW Real Estate Fund

    3,263,197.579       325,362.885       452,330.239       6,362,584.661  

Natixis Sustainable Future 2015 Fund

    N/A       N/A       400,000.095       N/A  

Natixis Sustainable Future 2020 Fund

    N/A       N/A       400,000.094       N/A  

Natixis Sustainable Future 2025 Fund

    N/A       N/A       300,000.093       N/A  

Natixis Sustainable Future 2030 Fund

    N/A       N/A       250,000.093       N/A  

Natixis Sustainable Future 2035 Fund

    N/A       N/A       250,000.092       N/A  

Natixis Sustainable Future 2040 Fund

    N/A       N/A       250,000.091       N/A  

Natixis Sustainable Future 2045 Fund

    N/A       N/A       200,000.091       N/A  

Natixis Sustainable Future 2050 Fund

    N/A       N/A       200,000.091       N/A  

Natixis Sustainable Future 2055 Fund

    N/A       N/A       200,000.091       N/A  

Natixis Sustainable Future 2060 Fund

    N/A       N/A       200,000.091       N/A  

Gateway Trust

 

Gateway Equity Call Premium Fund

    899,783.828       52,768.102       88.522       6,128,773.136  

Gateway Fund

    52,296,717.65       10,363,753.01       356,490.978       185,089,127.6  

 

     Institutional Class      Retail Class      Admin Class      Class N  

Loomis Sayles Funds I

 

Loomis Sayles Core Disciplined Alpha Bond Fund

     2,536,515.798        N/A        N/A        N/A  

Loomis Sayles Bond Fund

     683,581,087.175        248,285,721.407        12,013,630.298        15,424,541.715  

Loomis Sayles Fixed Income Fund

     77,489,700.069        N/A        N/A        N/A  

Loomis Sayles Global Bond Fund

     30,914,979.955        17,759,255.920        N/A        15,516,979.470  

Loomis Sayles High Income Opportunities Fund

     12,958,413.300        N/A        N/A        N/A  

Loomis Sayles Inflation Protected Securities Fund

     2,634,369.735        113,015.279        N/A        128,190.833  

Loomis Sayles Institutional High Income Fund

     104,531,230.824        N/A        N/A        N/A  

Loomis Sayles Investment Grade Fixed Income Fund

     33,035,195.835        N/A        N/A        N/A  

Loomis Sayles Securitized Asset Fund

     111,155,794.780        N/A        N/A        N/A  

Loomis Sayles Small Cap Value Fund

     17,857,763.011        7,033,177.588        865,700.882        3,652,819.598  

 

     Class A      Class C      Class Y  

Loomis Sayles Funds I

 

Loomis Sayles Intermediate Duration Bond Fund

     2,096,265.805        312,830.171        14,954,275.581  

 

45


     Institutional Class      Retail Class      Admin Class      Class N  

Loomis Sayles Funds II

 

Loomis Sayles Small Cap Growth Fund

     30,306,541.364        4,194,613.130        N/A        9,993,737.721  

Loomis Sayles Small/Mid Cap Growth Fund

     1,170,768.988        N/A        N/A        N/A  

 

    Class A     Class C     Class N     Class Y     Admin Class  

Loomis Sayles Funds II

 

Loomis Sayles Global Equity and Income Fund

    14,274,571.980       16,763,253.117       982,868.009       49,464,404.805       N/A  

Loomis Sayles Growth Fund

    72,109,641.285       10,407,844.796       11,485,236.534       388,323,858.484       N/A  

Loomis Sayles High Income Fund

    7,851,097.432       2,560,146.529       249.431       30,266,690.600       N/A  

Loomis Sayles Investment Grade Bond Fund

    80,059,607.273       62,195,979.338       105,889,438.815       286,614,844.934       2,289,510.879  

Loomis Sayles Limited Term Government and Agency Fund

    29,754,320.448       3,886,945.464       167,005.900       31,642,562.336       N/A  

Loomis Sayles Strategic Income Fund

    136,396,910.390       152,200,920.743       9,397,484.292       382,717,521.003       9,671,909.063  

Loomis Sayles Value Fund

    8,106,987.599       488,714.049       25,654,274.260       17,303,873.618       36,254.763  

 

Natixis ETF Trust

 

Natixis Seeyond International Minimum Volatility ETF

     350,000  

As of September 15, 2017, the following persons owned of record or beneficially 5% or more of the noted class of shares of the noted Fund*:

 

Fund and
Class

  

Name and Address of Beneficial Owner

   Shares
Beneficially
Owned
     Percentage of
Outstanding
Shares of
Class Owned
 

Natixis Funds Trust I

 

Loomis Sayles Core Plus Bond Fund

 

Class A

  

MLPF&S FOR THE SOLE BENEFIT

JACKSONVILLE FL 32246-6484

     10,918,240.484        20.76
  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     6,056,455.427        11.51
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94105-1905

     2,893,242.477        5.50

 

46


Fund and
Class

  

Name and Address of Beneficial Owner

   Shares
Beneficially
Owned
     Percentage of
Outstanding
Shares of
Class Owned
 

Class C

  

MLPF&S FOR THE SOLE BENEFIT

JACKSONVILLE FL 32246-6484

     4,887,799.004        25.22
  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     3,273,867.124        16.89
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     2,321,043.134        11.98
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     1,740,962.367        8.98
  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     1,467,659.005        7.57

Class N

  

FIDELITY INVESTMENTS INSTITUTIONAL

COVINGTON KY 41015-1999

     34,596,767.893        22.43
  

CITY OF LOS ANGELES TTEE

GREENWOOD VILLAGE CO 80111-5002

     18,332,290.601        11.88
  

MAC & CO

PITTSBURGH PA 15230-3198

     15,236,274.580        9.87

Class Y

  

TOYOTA MOTOR INSURANCE SERVICES INC

TORRANCE CA 90501-1106

     39,042,468.489        14.16
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94105-1905

     37,876,011.973        13.74
  

MLPF&S FOR THE SOLE BENEFIT

JACKSONVILLE FL 32246-6484

     33,094,623.779        12.01
  

FIDELITY INVESTMENTS INSTITUTIONAL

COVINGTON KY 41015-1999

     15,564,006.373        5.64

Loomis Sayles Multi-Asset Income Fund

 

Class A

  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     1,847,180.444        40.34
  

MLPF&S FOR THE SOLE BENEFIT

JACKSONVILLE FL 32246-6484

     1,201,005.723        26.23

Class C

  

MLPF&S FOR THE SOLE BENEFIT

JACKSONVILLE FL 32246-6484

     612,873.445        22.74
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     529,787.307        19.66
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     377,495.29        14.01
  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     295,914.966        10.98
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     156,657.844        5.81
  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     149,064.959        5.53

 

47


Fund and
Class

  

Name and Address of Beneficial Owner

   Shares
Beneficially
Owned
     Percentage of
Outstanding
Shares of
Class Owned
 
  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     135,434.736        5.02

Class N

  

JANNEY MONTGOMERY SCOTT LLC

PHILADELPHIA PA 19103-2713

     2,328.701        96.36

Class Y

  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94105-1905

     685,720.895        28.21
  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     236,527.524        9.73
  

LPL FINANCIAL

SAN DIEGO CA 92150-9046

     219,315.011        9.02
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     205,296.054        8.44
  

RBC CAPITAL MARKETS LLC

MINNEAPOLIS MN 55402-1110

     153,172.199        6.30

Mirova Global Green Bond Fund

 

Class A

  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94105-1905

     1,296.503        39.69
  

UMB BANK NA

BUZZARDS BAY MA 02532-2954

     1,201.622        36.79
  

TD AMERITRADE INC FBO

OMAHA NE 68103-2226

     667.762        20.44

Class N

  

NATIXIS GLOBAL ASSET MANAGEMENT LP

BOSTON MA 02199-8197

     2,121,300        84.04

Class Y

  

TD AMERITRADE INC FBO

OMAHA NE 68103-2226

     912.403        90.11
  

NGAM ADVISORS LP

BOSTON MA 02116-3305

     100        9.87

Mirova Global Sustainable Equity Fund

 

Class A

  

MERRILL LYNCH, PIERCE FENNER

JACKSONVILLE FL 32246-6484

     23,547.093        42.40
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     21,630.952        38.95
  

NFS LLC FEBO

OAKLAND CA 94610-4033

     4,306.632        7.75

Class C

  

MERRILL LYNCH, PIERCE FENNER

JACKSONVILLE FL 32246-6484

     22,114.546        49.73
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     12,652.245        28.45
  

ROBERT W BAIRD & CO INC

MILWAUKEE WI 53202-5391

     2,568.493        5.77
  

UMB BANK NA

SAN DIEGO CA 92110-7421

     2,317.694        5.21

 

48


Fund and
Class

  

Name and Address of Beneficial Owner

   Shares
Beneficially
Owned
     Percentage of
Outstanding
Shares of
Class Owned
 

Class N

  

NGAM ADVISORS LP

BOSTON MA 02199-8197

     88.574        99.90

Class Y

  

NATIXIS GLOBAL ASSET MANAGEMENT LP

BOSTON MA 02199-8197

     4,323,010.175        86.08

Natixis Oakmark International Fund

 

Class A

  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     10,642,996.4        23.46
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     8,941,653.722        19.71
  

BNY MELLON INVESTMENT SERVICING INC

KNG OF PRUSSA PA 19406-1212

     6,136,031.127        13.52
  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     4,301,258.986        9.48
  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     2,861,344.685        6.30

Class C

  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     5,186,502.72        23.94
  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     4,497,623.606        20.76
  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     2,989,168.05        13.80
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     2,582,435.366        11.92
  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     2,229,881.097        10.29

Class N

  

NGAM ADVISORS LP

BOSTON MA 02199-8197

     71.531        99.90

Class Y

  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     2,170,284.502        81.43
  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     239,042.802        8.96

Natixis U.S. Equity Opportunities Fund

 

Class A

  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     991,852.945        6.16

Class C

  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     839,038.264        20.86
  

MLPF&S FOR THE SOLE BENEFIT

JACKSONVILLE FL 32246-6484

     511,191.87        12.71
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     467,796.576        11.63
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     463,777.185        11.53

 

49


Fund and
Class

  

Name and Address of Beneficial Owner

   Shares
Beneficially
Owned
     Percentage of
Outstanding
Shares of
Class Owned
 
  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     293,003.02        7.28
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     282,480.304        7.02

Class N

  

NGAM ADVISORS LP

BOSTON MA 02199-8197

     26.582        99.90

Class Y

  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     1,686,431.105        26.51
  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     616,439.043        9.69
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     594,743.53        9.35
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     533,885.689        8.39
  

MLPF&S FOR THE SOLE BENEFIT

JACKSONVILLE FL 32246-6484

     402,418.978        6.32
  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     358,282.165        5.63

Vaughan Nelson Small Cap Value Fund

 

Class A

  

MLPF&S FOR THE SOLE BENEFIT

JACKSONVILLE FL 32246-6484

     399,421.225        8.13

Class C

  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     334,909.623        25.14
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     174,695.575        13.11
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     138,298.043        10.38
  

MLPF&S FOR THE SOLE BENEFIT

JACKSONVILLE FL 32246-6484

     113,813.833        8.54
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     98,016.493        7.35
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     69,416.381        5.21
  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     67,120.114        5.03

Class N

  

NGAM ADVISORS LP

BOSTON MA 02199-8197

     51.151        99.90

Class Y

  

NFS LLC FEBO

PARKERSBURG WV 26101-5144

     2,304,908.784        23.67
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     1,928,415.026        19.81

 

50


Fund and
Class

  

Name and Address of Beneficial Owner

   Shares
Beneficially
Owned
     Percentage of
Outstanding
Shares of
Class Owned
 
  

TD AMERITRADE INC FBO

OMAHA NE 68103-2226

     1,204,570.711        12.37
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     1,087,400.609        11.17
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     867,935.254        8.91
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     639,674.649        6.57

Natixis Funds Trust II

 

ASG Dynamic Allocation Fund

 

Class A

  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94105-1905

     9,811.486        88.16
  

KRISTINE R MCCOY & DALE E MCCOY TTEES

TALLMADGE OH 44278-3211

     1,215.812        10.92

Class C

  

UMB BANK NA

ROCKY HILL CT 06067-1032

     690.959        87.27
  

NGAM ADVISORS LP

BOSTON MA 02199-8197

     100.66        12.71

Class Y

  

LPL FINANCIAL

SAN DIEGO CA 92150-9046

     2,237,955.516        71.70
  

NATIXIS GLOBAL ASSET MANAGEMENT LP

BOSTON MA 02199-8197

     571,254.801        18.30

ASG Global Alternatives Fund

 

Class A

  

MLPF&S FOR THE SOLE BENEFIT

JACKSONVILLE FL 32246-6484

     1,574,606.601        30.66
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     870,509.15        16.95
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     464,212.705        9.04
  

NFS LLC FEBO

PHOENIX AZ 85012-2425

     329,032.16        6.40

Class C

  

MLPF&S FOR THE SOLE BENEFIT

JACKSONVILLE FL 32246-6484

     855,305.34        31.27
  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     436,424.661        15.95
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     423,109.676        15.47
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     414,214.838        15.14
  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     152,155.979        5.56

 

51


Fund and
Class

  

Name and Address of Beneficial Owner

   Shares
Beneficially
Owned
     Percentage of
Outstanding
Shares of
Class Owned
 

Class N

  

THE VALLEY HOSPITAL INC PENSIONFUND

RIDGEWOOD NJ 07450-2736

     899,106.844        98.05

Class Y

  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     20,278,419.85        15.85
  

MLPF&S FOR THE SOLE BENEFIT

JACKSONVILLE FL 32246-6484

     12,164,740.75        9.51
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     7,759,454.281        6.06

ASG Managed Futures Strategy Fund

 

Class A

  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     9,629,357.918        33.29
  

NFS LLC FEBO

PHOENIX AZ 85012-2425

     2,967,477.929        10.25
  

TD AMERITRADE INC FBO

OMAHA NE 68103-2226

     2,441,853.027        8.44
  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     2,380,518.507        8.23
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     1,572,405.755        5.43

Class C

  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     1,915,274.048        32.62
  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     888,267.224        15.12
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     689,588.514        11.74
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     348,170.989        5.93

Class N

  

NGAM ADVISORS LP

BOSTON MA 02199-8197

     101.937        99.90

Class Y

  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     92,164,888.48        33.47
  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     3,2696,820.09        11.87
  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     19,256,142.27        6.99
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     15,185,482.31        5.51

ASG Tactical U.S. Market Fund

 

Class A

  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94105-1905

     354,738.104        39.54
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     146,627.345        16.34

 

52


Fund and
Class

  

Name and Address of Beneficial Owner

   Shares
Beneficially
Owned
     Percentage of
Outstanding
Shares of
Class Owned
 
  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     78,090.73        8.70
  

NFS LLC FEBO

PHOENIX AZ 85012-2425

     56,715.783        6.32

Class C

  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     77,475.797        57.01
  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     13,020.021        9.58
  

NFS LLC FEBO

BAR HARBOR ME 04609-1136

     8,466.637        6.23

Class Y

  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     3,868,800.106        79.02

Loomis Sayles Strategic Alpha Fund

 

Class A

  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94105-1905

     2,461,019.21        34.75
  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     2,172,512.812        30.67
  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     806,425.655        11.38
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     418,483.686        5.90

Class C

  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     1,004,626.258        27.80
  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     648,295.437        17.94
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     580,236.774        16.05
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     523,748.59        14.49
  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     420,888.271        11.64

Class N

  

WELLS FARGO BANK NA FBO

MINNEAPOLIS MN 55480-1533

     3,330,888.599        65.67
  

WELLS FARGO BANK NA FBO

MINNEAPOLIS MN 55480-1533

     895,871.294        17.66
  

WELLS FARGO BANK NA FBO

MINNEAPOLIS MN 55480-1533

     354,033.846        6.98
  

WELLS FARGO BANK NA FBO

MINNEAPOLIS MN 55480-1533

     298,415        5.88

 

53


Fund and
Class

  

Name and Address of Beneficial Owner

   Shares
Beneficially
Owned
     Percentage of
Outstanding
Shares of
Class Owned
 

Loomis Sayles Dividend Income Fund

 

Class A

  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94105-1905

     545,203.704        38.26
  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     265,099.818        18.60

Class C

  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     309,114.020        38.57
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     113,275.284        14.13
  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     73,969.217        9.23
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     72,341.546        9.02

Class N

  

NGAM ADVISORS LP

BOSTON MA 02199-8197

     88.706        99.90

Class Y

  

COMERICA BANK FBO DINGLE—ERISA

DETROIT MI 48275-0001

     589,975.037        33.47
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     404,741.991        22.96
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94105-1905

     273,936.232        15.54
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     111,511.557        6.32

Loomis Sayles Global Growth Fund

 

Class A

  

NFS LLC FEBO

PAWTUCKET RI 02861-3305

     18411.345        19.92
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94105-1905

     17949.864        19.42
  

NFS LLC FEBO

PAWTUCKET RI 02861-3305

     11,927.585        12.91
  

DIANNE CARRINGTON CUST

OAKLEY CA 94561-3545

     5,286.931        5.72
  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     5,063.794        5.48

Class C

  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     5,167.416        58.56
  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     3,154.989        35.75

Class N

  

NGAM ADVISORS LP

BOSTON MA 02199-8197

     88.81        99.91

Class Y

  

NATIXIS GLOBAL ASSET MANAGEMENT LP

BOSTON MA 02199-8197

     512,475.915        43.28

 

54


Fund and
Class

  

Name and Address of Beneficial Owner

   Shares
Beneficially
Owned
     Percentage of
Outstanding
Shares of
Class Owned
 
  

AZIZ VEYSI HAMZAOGULLARI

WELLESLEY MA 02481-4819

     206,032.552        17.40
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94105-1905

     79,165.199        6.68
  

RAYON WARD

WESTON MA 02493-1821

     68,384.632        5.77

Loomis Sayles Senior Floating Rate and Fixed Income Fund

 

Class A

  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94105-1905

     9,104,048.571        20.64
  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     7,873,605.840        17.85
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     5,547,768.888        12.58
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     2,807,052.328        6.36
  

TD AMERITRADE INC FBO

OMAHA NE 68103-2226

     2,760,116.321        6.25

Class C

  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     9,081,371.034        28.00
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     6,515,009.535        20.09
  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     4,276,749.372        13.18
  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     2,698,215.642        8.32
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     2,036,056.037        6.27
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     1,744,893.672        5.38

Class N

  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     10,243.772        99.00

Class Y

  

MERRILL LYNCH FINANCIAL DATA SVCS

JACKSONVILLE FL 32246-6484

     40,711,165.453        19.06
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     30,564,689.437        14.31
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94105-1905

     29,582,476.740        13.85
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     17,530,495.718        8.20
  

TD AMERITRADE INC FBO

OMAHA NE 68103-2226

     16,063,021.030        7.52
  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     15,618,157.342        7.31

 

55


Fund and
Class

  

Name and Address of Beneficial Owner

   Shares
Beneficially
Owned
     Percentage of
Outstanding
Shares of
Class Owned
 

McDonnell Intermediate Duration Bond Fund

 

Class A

  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     199,128.258        37.49
  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     82,875.127        15.60
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     56,184.587        10.57
  

JACOB H KRAUSS

LANGHORNE PA 19047-1168

     36,482.505        6.86
  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     31,760.105        5.98

Class C

  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     159,430.565        64.89
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     58,024.985        23.61

Class Y

  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     2,442,225.859        77.82

Natixis Oakmark Fund

 

Class A

  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     659,771.793        8.37
  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     467,202.125        5.92

Class C

  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     607,450.768        21.59
  

MLPF&S FOR THE SOLE BENEFIT

JACKSONVILLE FL 32246-6484

     551,808.794        19.61
  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     368,253.913        13.09
  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     270,902.929        9.63
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     244,377.183        8.68
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     236,420.439        8.40

Class N

  

NGAM ADVISORS LP

BOSTON MA 02199-8197

     43.234        99.91

Class Y

  

MLPF&S FOR THE SOLE BENEFIT

JACKSONVILLE FL 32246-6484

     417,862.381        24.71
  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     274,299.791        16.22
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     162,690.595        9.62

 

56


Fund and
Class

  

Name and Address of Beneficial Owner

   Shares
Beneficially
Owned
     Percentage of
Outstanding
Shares of
Class Owned
 
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     158,987.721        9.40
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     106,401.03        6.29

Vaughan Nelson Select Fund

 

Class A

  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     451,510.763        37.65
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     103,729.857        8.65
  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     77,263.293        6.44
  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     62,099.531        5.17

Class C

  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     123,168.088        29.51
  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     76,689.515        18.37
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     62,852.986        15.06
  

MERRILL LYNCH, PIERCE FENNER

JACKSONVILLE FL 32246-6484

     41,823.560        10.02
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     32,905.700        7.88

Class N

  

NGAM ADVISORS LP

BOSTON MA 02199-8197

     61.425        99.90

Class Y

  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     2,782,063.673        42.30
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     1,030,976.355        15.67
  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     733,735.950        11.15
  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     412,248.423        6.26
  

CAPINCO C/O US BANK NA

MILWAUKEE WI 53201-1787

     330,004.658        5.01

Vaughan Nelson Value Opportunity Fund

 

Class A

  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     384,002.34        11.85
  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     374,530.517        11.56
  

MERRILL LYNCH, PIERCE FENNER

JACKSONVILLE FL 32246-6484

     218,004.209        6.72

 

57


Fund and
Class

  

Name and Address of Beneficial Owner

   Shares
Beneficially
Owned
     Percentage of
Outstanding
Shares of
Class Owned
 
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     201,814.546        6.22

Class C

  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     468,814.609        19.31
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     387,588.861        15.97
  

MERRILL LYNCH, PIERCE FENNER

JACKSONVILLE FL 32246-6484

     312,630.962        12.88
  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     289,909.981        11.94
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     266,243.234        10.97
  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     214,635.655        8.84

Class N

  

NFS LLC FEBO

COVINGTON KY 41015-1987

     3,388,672.371        49.32
  

VANGUARD FIDUCIARY TRUST COMPANY

VALLEY FORGE PA 19482-2600

     885,753.868        12.89
  

NFS LLC FEBO

MERRIMACK NH 03054-4300

     771,244.506        11.22
  

TAYNIK & CO

QUINCY MA 02169-0938

     720,834.914        10.49
  

AMERICAN DENTAL ASSOCIATION

CHICAGO IL 60611-2637

     413,368.773        6.01

Class Y

  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     7,411,716.696        21.82
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     5,976,109.312        17.59
  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     3,167,518.478        9.32
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     2,847,956.538        8.38
  

TD AMERITRADE INC FBO

OMAHA NE 68103-2226

     2,413,551.596        7.10
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     1,888,059.492        5.56
  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     1,832,117.591        5.39

 

58


Fund and
Class

  

Name and Address of Beneficial Owner

   Shares
Beneficially
Owned
     Percentage of
Outstanding
Shares of
Class Owned
 

Natixis Funds Trust IV

 

AEW Real Estate Fund

 

Class A

  

NFS LLC FEBO #

HOT SPRINGS AR 71913-6447

     347,188.769        10.63
  

GREAT-WEST TRUST COMPANY LLC TTEE F

GREENWOOD VILLAGE CO 80111-5002

     264,575.861        8.10
  

HANYS UPSTATE PLANS

UTICA NY 13502-6317

     208,322.907        6.38

Class C

  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     104,939.980        32.25
  

MLPF&S FOR THE SOLE BENEFIT

JACKSONVILLE FL 32246-6484

     53,269.966        16.37
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     39,664.829        12.19
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     30,186.406        9.27
  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     19,665.746        6.04

Class N

  

CBNA AS CUSTODIAN FBO

UTICA NY 13502-6317

     396,193.513        87.58
  

NFS LLC FEBO

COVINGTON KY 41015-1987

     24,362.974        5.38

Class Y

  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94105-1905

     1,425,654.168        22.40
  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     960,272.474        15.09
  

FIDELITY INVESTMENTS INSTITUTIONAL

COVINGTON KY 41015-1999

     615,498.933        9.67
  

NFS LLC FEBO

HARRISON NY 10528-2418

     445,728.530        7.00
  

CBNA AS CUSTODIAN FBO

UTICA NY 13502-6317

     381,918.490        6.00

Natixis Sustainable Future 2015 Fund

 

Class N

  

NATIXIS GLOBAL ASSET MANAGEMENT LP

BOSTON MA 02199-8197

     400,000.000        99.99

Natixis Sustainable Future 2020 Fund

 

Class N

  

NATIXIS GLOBAL ASSET MANAGEMENT LP

BOSTON MA 02199-8197

     400,000.000        99.99

Natixis Sustainable Future 2025 Fund

 

Class N

  

NATIXIS GLOBAL ASSET MANAGEMENT LP

BOSTON MA 02199-8197

     300,000.000        99.99

 

59


Fund and
Class

  

Name and Address of Beneficial Owner

   Shares
Beneficially
Owned
     Percentage of
Outstanding
Shares of
Class Owned
 

Natixis Sustainable Future 2030 Fund

 

Class N

  

NATIXIS GLOBAL ASSET MANAGEMENT LP

BOSTON MA 02199-8197

     250,000.000        99.99

Natixis Sustainable Future 2035 Fund

 

Class N

  

NATIXIS GLOBAL ASSET MANAGEMENT LP

BOSTON MA 02199-8197

     250,000.000        99.99

Natixis Sustainable Future 2040 Fund

 

Class N

  

NATIXIS GLOBAL ASSET MANAGEMENT LP

BOSTON MA 02199-8197

     250,000.000        99.99

Natixis Sustainable Future 2045 Fund

 

Class N

  

NATIXIS GLOBAL ASSET MANAGEMENT LP

BOSTON MA 02199-8197

     200,000.000        99.99

Natixis Sustainable Future 2050 Fund

 

Class N

  

NATIXIS GLOBAL ASSET MANAGEMENT LP

BOSTON MA 02199-8197

     200,000.000        99.99

Natixis Sustainable Future 2055 Fund

 

Class N

  

NATIXIS GLOBAL ASSET MANAGEMENT LP

BOSTON MA 02199-8197

     200,000.000        99.99

Natixis Sustainable Future 2060 Fund

 

Class N

  

NATIXIS GLOBAL ASSET MANAGEMENT LP

BOSTON MA 02199-8197

     200,000.000        99.99

Loomis Sayles Funds I

 

Loomis Sayles Bond Fund

 

Admin Class

  

HARTFORD LIFE INSURANCE CO SEPARATE

WEATOGUE CT 06089-9793

     2,830,949.888        23.56
  

SUPPLEMENTAL INCOME PLAN TRUST

BOSTON MA 02266-8338

     1,393,023.249        11.59
  

RELIANCE TRUST COMPANY FBO

GREENWOOD VLG CO 80111-5002

     1,355,039.222        11.27
  

NATIONWIDE TRUST CO FSB

COLUMBUS OH 43218-2029

     1,145,103.248        9.53
  

NATIONAL FINANCIAL SEVICES CORP FOR

JERSEY CITY NJ 07310-2010

     1,050,990.111        8.74

Institutional Class

  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     214,636,546.493        31.39
  

NATIONAL FINANCIAL SEVICES CORP FOR

JERSEY CITY NJ 07310-2010

     104,057,094.213        15.22
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     43,086,164.437        6.30

 

60


Fund and
Class

  

Name and Address of Beneficial Owner

   Shares
Beneficially
Owned
     Percentage of
Outstanding
Shares of
Class Owned
 
  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     39,711,577.066        5.80
  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     35,331,489.839        5.16

Class N

  

VOYA RETIREMENT INSURANCE & ANNUITY

WINDSOR CT 06095-4773

     3,200,999.323        20.75
  

TD AMERITRADE INC FOR THE EXCUSIVE

OMAHA NE 68103-2226

     2,738,926.971        17.75
  

GREAT-WEST TRUST COMPANY LLC TTEE F

GREENWOOD VILLAGE CO 80111-5002

     1,166,601.653        7.56
  

WELLS FARGO BANK NA FBO

MINNEAPOLIS MN 55480-1533

     789,550.344        5.11
  

WELLS FARGO BANK NA CUST

GREENWOOD VILLAGE CO 80111-5002

     782,703.106        5.07

Retail Class

  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     93,511,943.855        37.66
  

NATIONAL FINANCIAL SEVICES CORP FOR

JERSEY CITY NJ 07310-2010

     75,104,452.180        30.24
  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     24,631,488.663        9.92

Loomis Sayles Core Disciplined Alpha Bond

 

Institutional Class

  

NATIXIS GLOBAL ASSET MANAGEMENT LP

BOSTON MA 02199-8197

     2,536,336.025        99.99

Loomis Sayles Fixed Income Fund

 

Institutional Class

  

WELLS FARGO BANK NA

MINNEAPOLIS MN 55480-1533

     9,667,377.613        12.47
  

SOMERVILLE RETIREMENT SYSTEM

SOMERVILLE MA 02145-2819

     4,950,139.820        6.38
  

THE NORTHERN TRUST TTEE

CHICAGO IL 60675-0001

     4,233,467.819        5.46
  

US BANK AS CUSTODIAN FBO

MILWAUKEE WI 53212-3958

     4,225,698.560        5.45

Loomis Sayles Global Bond Fund

 

Institutional Class

  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     8,421,183.783        27.23
  

NATIONAL FINANCIAL SEVICES CORP FOR

JERSEY CITY NJ 07310-2010

     4,176,099.695        13.50
  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     2,550,072.384        8.24
  

LAHEY CLINIC FOUNDATION INC

BURLINGTON MA 01805-0001

     2,359,524.217        7.63

 

61


Fund and
Class

  

Name and Address of Beneficial Owner

   Shares
Beneficially
Owned
     Percentage of
Outstanding
Shares of
Class Owned
 

Class N

  

EDWARD D JONES & CO

SAINT LOUIS MO 63131-3729

     13,750,037.254        88.61
  

NFS LLC FEBO

QUINCY MA 02169-0938

     1,261,948.553        8.13

Retail Class

  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     7,086,581.712        39.90
  

NATIONAL FINANCIAL SEVICES CORP FOR

JERSEY CITY NJ 07310-2010

     4,792,034.658        26.98
  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     1,916,054.688        10.78
  

TD AMERITRADE INC FOR THE

OMAHA NE 68103-2226

     918,814.178        5.17

Loomis Sayles High Income Opportunities Fund

 

Institutional Class

  

MLPF&S FOR THE SOLE BENEFIT

JACKSONVILLE FL 32246-6484

     5,616,592.353        43.34
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94105-1905

     3,160,750.332        24.39
  

NORTHERN MINNESOTA WISCONSIN

ST PAUL MN 55107-2292

     1,451,946.508        11.20
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     1,199,984.255        9.26
  

IRON WORKERS OF WESTERN PENNSYLVANIA PENSION PLAN

PITTSBURGH PA 15222-4512

     1,019,389.795        7.86

Loomis Sayles Inflation Protected Securities Fund

 

Institutional Class

  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     518,209.349        19.67
  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     429,316.437        16.29
  

SAXON & CO

PHILADELPHIA PA 19182-0001

     409,455.758        15.54
  

FIDELITY INVESTMENT INSTITUTIONAL

COVINGTON KY 41015-1999

     318,986.606        12.10
  

LOOMIS SAYLES DISTRIBUTORS LP

BOSTON MA 02111-2647

     248,971.809        9.45

Retail Class

  

NATIONAL FINANCIAL SEVICES CORP FOR

JERSEY CITY NJ 07310-2010

     43,934.023        38.87
  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     24,833.377        21.97
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     6,788.728        6.00

 

62


Fund and
Class

  

Name and Address of Beneficial Owner

   Shares
Beneficially
Owned
     Percentage of
Outstanding
Shares of
Class Owned
 
  

FIIOC FBO

COVINGTON KY 41015-1987

     6,401.279        5.66
  

TD AMERITRADE INC FOR THE

OMAHA NE 68103-2226

     5,727.290        5.06

Class N

  

NATIXIS SUSTAINABLE FUTURE 2015 FUND

BOSTON MA 02199-8192

     36,607.130        28.55
  

NATIXIS SUSTAINABLE FUTURE 2020 FUND

BOSTON MA 02199-8192

     24,546.977        19.14
  

NATIXIS SUSTAINABLE FUTURE 2025 FUND

BOSTON MA 02199-8192

     15,492.117        12.08
  

NATIXIS SUSTAINABLE FUTURE 2030 FUND

BOSTON MA 02199-8192

     13,068.816        10.19
  

NATIXIS SUSTAINABLE FUTURE 2035 FUND

BOSTON MA 02199-8192

     10,604.009        8.27
  

NATIXIS SUSTAINABLE FUTURE 2040 FUND

BOSTON MA 02199-8192

     10,538.296        8.22

Loomis Sayles Institutional High Income Fund

 

Institutional Class

  

MCLAREN HEALTH CARE CORPORATION MASTER TRUST

FLINT MI 48532-3613

     7,601,778.632        7.27
  

MCLAREN HEALTH CARE CORPORATION

FLINT MI 48532-3613

     6,442,798.126        6.16
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     5,554,324.165        5.31

Loomis Sayles Intermediate Duration Bond Fund

 

Class A

  

LINCOLN RETIREMENT SERVICES COMPANY

FORT WAYNE IN 46801-7876

     1,289,810.117        61.52
  

CHURCHILL SCHOOL

NEW YORK NY 10016-8301

     270,937.180        12.92
  

CHURCHILL SCHOOL

NEW YORK NY 10016-8301

     139,150.778        6.63

Class C

  

SAXON & CO.

PHILADELPHIA PA 19182-0001

     298,536.662        95.43

Class Y

  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     6,965,472.944        46.57
  

TD AMERITRADE INC FOR THE EXCUSIVE BENEFIT OF OUR CLIENT

OMAHA NE 68103-2226

     1,422,390.641        9.51
  

NFS LLC FEBO

MUNCIE IN 47305-2835

     1,229,844.896        8.22
  

LACIBA & CO CASH/CASH

WARSAW IN 46580-2806

     1,175,087.228        7.85

 

63


Fund and
Class

  

Name and Address of Beneficial Owner

   Shares
Beneficially
Owned
     Percentage of
Outstanding
Shares of
Class Owned
 

Loomis Sayles Investment Grade Fixed Income Fund

 

Institutional Class

  

JOSEPH EPSTEIN TTEE

NEW YORK NY 10014-3669

     7,214,299.404        21.83
  

MAC & CO

PITTSBURGH PA 15230-3198

     2,086,606.500        6.31
  

(S.E.E.) SOKA UNIVERSITY OF AMERICA

ALISO VIEJO CA 92656-8081

     1,903,132.118        5.76
  

US BANK NA FBO

MILWAUKEE WI 53201-1787

     1,705,682.676        5.16

Loomis Sayles Small Cap Value Fund

 

Admin Class

  

RELIANCE TRUST COMPANY FBO

GREENWOOD VLG CO 80111-5002

     259,048.618        29.92
  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     221,463.923        25.58
  

NATIONAL FINANCIAL SEVICES CORP FOR

JERSEY CITY NJ 07310-2010

     95,121.418        10.98
  

EMJAY CORPORATION CUSTODIAN FBO

GREENWOOD VILLAGE CO 80111-5002

     48,342.233        5.58

Institutional Class

  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     3,691,382.695        20.67
  

FIDELITY INVESTMENT INSTITUTIONAL

COVINGTON KY 41015-1999

     3,613,741.777        20.23
  

NATIONAL FINANCIAL SEVICES CORP FOR

JERSEY CITY NJ 07310-2010

     1,287,622.987        7.21
  

PIMS/PRUDENTIAL RETIREMENT

NEW YORK NY 10041-0024

     1,054,821.716        5.90

Class N

  

NFS LLC FEBO

COVINGTON KY 41015-1987

     2,157,678.640        59.06
  

RELIANCE TRUST CO TTEE ADP ACCESS

ATLANTA GA 30328-5620

     734,294.451        20.10
  

MID ATLANTIC TRUST COMPANY FBO

PITTSBURGH PA 15222-4228

     512,854.814        14.03

Retail Class

  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     2,165,047.932        30.78
  

FIDELITY INVESTMENTS INSTITUTIONAL

COVINGTON KY 41015-1999

     1,293,810.305        18.39
  

VOYA RETIREMENT INSURANCE & ANNUITY

WINDSOR CT 06095-4773

     1,207,871.462        17.17
  

NATIONAL FINANCIAL SEVICES CORP FOR

JERSEY CITY NJ 07310-2010

     903,190.672        12.84

 

64


Fund and
Class

  

Name and Address of Beneficial Owner

   Shares
Beneficially
Owned
     Percentage of
Outstanding
Shares of
Class Owned
 

Loomis Sayles Securitized Asset Fund

 

Institutional Class

  

MLPF&S FOR THE SOLE BENEFIT

JACKSONVILLE FL 32246-6484

     80,203,510.102        72.15
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94105-1905

     20,988,227.840        18.88
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     8,223,808.489        7.39

Loomis Sayles Funds II

 

Loomis Sayles Global Equity and Income Fund

 

Class A

  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     2,799,523.721        19.61
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     2,101,952.037        14.72
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     1,049,441.787        7.35
  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     992,289.494        6.95
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     965,464.776        6.76
  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     960,527.405        6.72

Class C

  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     5,709,674.300        34.06
  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     2,935,887.931        17.51
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     2,703,216.442        16.12
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     1,511,757.558        9.01
  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     898,040.524        5.35

Class N

  

SEI PRIVATE TRUST COMPANY

OAKS PA 19456-9989

     883,631.434        89.90

Class Y

  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     10,615,505.169        21.46
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94105-1905

     6,140,623.433        12.41
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     4,822,890.225        9.75
  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     4,517,294.164        9.13

 

65


Fund and
Class

  

Name and Address of Beneficial Owner

   Shares
Beneficially
Owned
     Percentage of
Outstanding
Shares of
Class Owned
 
  

NATIONAL FINANCIAL SVCES CORP FOR

NEW YORK NY 10281-1003

     4,283,046.521        8.65
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     3,674,251.852        7.42
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     3,241,468.707        6.55

Loomis Sayles Growth Fund

 

Class A

  

NFS LLC FEBO

HARRISON NY 10528-2418

     40,424,849.254        56.06
  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     6,091,875.923        8.44
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94105-1905

     5,210,891.809        7.22

Class C

  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     3,169,368.068        30.45
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     1,523,827.224        14.64
  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     1,329,468.276        12.77
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     1,149,153.312        11.04
  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     934,032.617        8.97
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     539,402.410        5.18

Class N

  

VANGUARD FIDUCIARY TRUST COMPANY

VALLEY FORGE PA 19482-2600

     5,250,575.014        45.71
  

CAPINCO C/O US BANK NA

MILWAUKEE WI 53201-1787

     2,167,734.471        18.87
  

NFS LLC FEBO

BIRMINGHAM AL 35211-6946

     936,561.229        8.15

Class Y

  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     71,687,399.215        18.46
  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     56,961,433.994        14.66
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94105-1905

     52,227,354.401        13.44
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     46,446,902.106        11.96
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     38,784,558.696        9.98
  

FIDELITY INVESTMENTS INSTITUTIONAL

COVINGTON KY 41015-1999

     22,141,627.229        5.70

 

66


Fund and
Class

  

Name and Address of Beneficial Owner

   Shares
Beneficially
Owned
     Percentage of
Outstanding
Shares of
Class Owned
 

Loomis Sayles High Income Fund

 

Class A

  

TD AMERITRADE INC FBO

OMAHA NE 68103-2226

     817,713.058        10.41
  

DEFERRED COMPENSATION PLAN FOR

BOSTON MA 02111-2694

     656,641.051        8.36
  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     573,059.403        7.29

Class C

  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     544,612.165        21.27
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     439,839.484        17.18
  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     255,560.021        9.98
  

MLPF&S FOR THE SOLE BENEFIT

JACKSONVILLE FL 32246-6484

     227,250.339        8.87
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     191,952.672        7.49
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     169,123.608        6.60
  

UBS WM USA

1000 HARBOR BLVD

     133,380.120        5.20

Class N

  

NGAM ADVISORS LP

BOSTON MA 02199-8197

     249.202        99.90

Class Y

  

FIDELITY INVESTMENTS INSTITUTIONAL

COVINGTON KY 41015-1999

     6,305,897.717        20.83
  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     4,395,192.621        14.52
  

NFS LLC FEBO

QUINCY MA 02169-0938

     2,874,918.430        9.49
  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     2,667,763.620        8.81
  

NFS LLC FEBO

HARRISON NY 10528-2418

     2,494,801.454        8.24
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     2,341,667.664        7.73
  

TAYNIK & CO

QUINCY MA 02169-0938

     1,687,875.913        5.57

Loomis Sayles Investment Grade Bond Fund

 

Class A

  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     12,898,860.277        16.11
  

MINNESOTA LIFE INSURANCE COMPANY

SAINT PAUL MN 55101-2099

     7,386,780.691        9.22

 

67


Fund and
Class

  

Name and Address of Beneficial Owner

   Shares
Beneficially
Owned
     Percentage of
Outstanding
Shares of
Class Owned
 
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     7,181,698.616        8.97
  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     5,880,186.888        7.34
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     4,636,926.194        5.79

Class C

  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     15,013,113.134        24.13
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     11,474,958.670        18.44
  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     8,816,716.986        14.17
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     7,021,304.198        11.28
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     3,751,613.186        6.03
  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     3,390,618.143        5.45
  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     3,154,265.246        5.07

Class N

  

EDWARD D. JONES AND CO

SAINT LOUIS MO 63131-3729

     95,612,456.916        90.29

Class Y

  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     39636357.61        13.82
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     31,906,294.440        11.13
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     31,427,825.737        10.96
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     27,562,045.522        9.61
  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     25,518,456.850        8.90
  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     21,290,739.415        7.42
  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     17,531,028.640        6.11

Loomis Sayles Limited Term Government and Agency Fund

 

Class A

  

MLPF&S FOR THE SOLE BENEFIT

JACKSONVILLE FL 32246-6484

     3,229,531.433        10.85
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     2,493,215.646        8.37

 

68


Fund and
Class

  

Name and Address of Beneficial Owner

   Shares
Beneficially
Owned
     Percentage of
Outstanding
Shares of
Class Owned
 

Class C

  

MLPF&S FOR THE SOLE BENEFIT

JACKSONVILLE FL 32246-6484

     894,435.226        23.01
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     554,075.691        14.25
  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     455,308.137        11.71
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     423,442.144        10.89
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     384,843.240        9.90
  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     323,956.743        8.33

Class N

  

C/O NGAM ADVISORS L P

BOSTON MA 02199-8197

     44,878.519        26.87
  

C/O NGAM ADVISORS L P

BOSTON MA 02199-8197

     41,378.302        24.77
  

C/O NGAM ADVISORS L P

BOSTON MA 02199-8197

     25,690.597        15.38
  

ASCENSUS TRUST COMPANY FBO

FARGO ND 58106-0758

     15,984.729        9.57
  

C/O NGAM ADVISORS L P

BOSTON MA 02199-8197

     14,457.178        8.65
  

C/O NGAM ADVISORS L P

BOSTON MA 02199-8197

     9,713.166        5.81

Class Y

  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94105-1905

     4,854,260.464        15.34
  

MLPF&S FOR THE SOLE BENEFIT

JACKSONVILLE FL 32246-6484

     3,329,091.353        10.52
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     2,901,581.327        9.16
  

NFS LLC FEBO

HONOLULU HI 96805-1930

     2,266,802.486        7.16
  

TD AMERITRADE INC FBO

OMAHA NE 68103-2226

     1,607,051.694        5.07
  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     1,588,026.298        5.01

Loomis Sayles Small Cap Growth Fund

 

Class A

  

NFS LLC FEBO

HARRISON NY 10528-2418

     40,424,849.3        56.06
  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     6,091,875.92        8.44

 

69


Fund and
Class

  

Name and Address of Beneficial Owner

   Shares
Beneficially
Owned
     Percentage of
Outstanding
Shares of
Class Owned
 
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94105-1905

     5,210,891.81        7.22

Class C

  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     3,169,368.07        30.45
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     1,523,827.22        14.64
  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     1,329,468.28        12.77
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     1,149,153.31        11.04
  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     934,032.617        8.97
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     539,402.41        5.18

Class N

  

VANGUARD FIDUCIARY TRUST COMPANY

VALLEY FORGE PA 19482-2600

     5,250,575.01        45.71
  

CAPINCO C/O US BANK NA

MILWAUKEE WI 53201-1787

     2,167,734.47        18.87
  

NFS LLC FEBO

BIRMINGHAM AL 35211-6946

     936,561.229        8.15

Class Y

  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     71,687,399.2        18.46
  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     56,961,434        14.66
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94105-1905

     52,227,354.4        13.44
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     46,446,902.1        11.96
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     38,784,558.7        9.98
  

FIDELITY INVESTMENTS INSTITUTIONAL

COVINGTON KY 41015-1999

     22,141,627.2        5.70

Loomis Sayles Small/Mid Cap Value Fund

 

Institutional Class

  

NATIXIS GLOBAL ASSET MANAGEMENT LP

BOSTON MA 02199-8197

     808,550.057        69.06
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94105-1905

     203,487.703        17.38
  

NATIONAL FINANCIAL SERVICES CORP

JERSEY CITY NJ 07310-2010

     98,724.109        8.43

Loomis Sayles Strategic Income Fund

 

Class A

  

MLPF&S FOR THE SOLE BENEFIT

JACKSONVILLE FL 32246-6484

     36,019,883.04        26.40

 

70


Fund and
Class

  

Name and Address of Beneficial Owner

   Shares
Beneficially
Owned
     Percentage of
Outstanding
Shares of
Class Owned
 
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     10,234,452.79        7.50
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94105-1905

     10,119,111.1        7.41
  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     8,987,873.36        6.58
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     8,359,751.38        6.12

Class C

  

MLPF&S FOR THE SOLE BENEFIT

JACKSONVILLE FL 32246-6484

     38,577,693.5        25.34
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     31,797,412.1        20.89
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     19,693,426.7        12.93
  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     18,335,048        12.04
  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     9,529,333.26        6.26

Class N

  

FIDELITY INVESTMENTS INSTITUTIONAL

COVINGTON KY 41015-1999

     2,751,661.33        29.28
  

TUFTS ASSOCIATED HEALTH MAINTENANCE

WATERTOWN MA 02472-1508

     2,305,991.26        24.53
  

ATTN NPIO TRADE DESK

DES MOINES IA 50392-0001

     612,434.919        6.51
  

VOYA RETIREMENT

WINDSOR CT 06095-4773

     597,105.677        6.35
  

COMERICA BANK FBO DINGLE—ERISA

DETROIT MI 48275-0001

     566,596.779        6.02

Class Y

  

MLPF & S FOR THE SOLE BENEFIT

JACKSONVILLE FL 32246-6484

     99,629,139.7        26.03
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     71,574,045.5        18.70
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     45,806,110.06        11.96
  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     28,685,505.5        7.49
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94105-1905

     21,330,470.6        5.57

Admin Class

  

VOYA INSTITUTIONAL TRUST COMPANY

WINDSOR CT 06095-4773

     7,043,971.727        72.82
  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     1,627,626.079        16.82

 

71


Fund and
Class

  

Name and Address of Beneficial Owner

   Shares
Beneficially
Owned
     Percentage of
Outstanding
Shares of
Class Owned
 

Loomis Sayles Value Fund

 

Class A

  

MINNESOTA LIFE INSURANCE COMPANY

SAINT PAUL MN 55101-2099

     21,330,470.61        5.57

Class C

  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     111,811.243        22.87
  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     72,274.367        14.78
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     56,792.67        11.62
  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     56,350.826        11.53
  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     52,621.948        10.76
  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     31,554.52        6.45

Class N

  

FIDELITY INVESTMENTS INSTITUTIONAL

COVINGTON KY 41015-1999

     19,289,526.01        75.19
  

NFS LLC FEBO

CHICAGO IL 60607-4715

     1,318,242.752        5.13

Class Y

  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     2,880,671.474        16.64
  

STATE STREET BANK TTEE

BOSTON MA 02206-5501

     2,763,038.714        15.96
  

WELLS FARGO BANK FBO

CHARLOTTE NC 28288-1076

     1,486,129.423        8.58
  

NATIONAL FINANCIAL SEVICES CORP FOR

NEW YORK NY 10281-1003

     1,377,786.226        7.96
  

DCGT AS TTEE AND/OR CUST

DES MOINES IA 50392-0001

     957,321.385        5.53

Admin Class

  

MERRILL LYNCH PIERCE

JACKSONVILLE FL 32246-6484

     36,238.819        99.95

Gateway Trust

 

Gateway Equity Call Premium Fund

 

Class A

  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     481,174.305        53.47
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     216,371.144        24.04
  

GREAT-WEST TRUST COMPANY LLC TTEE F

GREENWOOD VILLAGE CO 80111-5002

     50,096.144        5.56

Class C

  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     48,245.969        91.43

 

72


Fund and
Class

  

Name and Address of Beneficial Owner

   Shares
Beneficially
Owned
     Percentage of
Outstanding
Shares of
Class Owned
 

Class N

  

NGAM ADVISORS LP

BOSTON MA 02199-8197

     88.436        99.90

Class Y

  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94105-1905

     2,777,493.504        45.31

Gateway Fund

 

Class A

  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     9,518,176.554        18.20
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94105-1905

     8,488,983.767        16.23
  

BNY MELLON INVESTMENT SERVICING INC

KING OF PRUSSIA PA 19406-1212

     3,375,701.651        6.45
  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     2,846,770.601        5.44

Class C

  

MLPF&S FOR THE SOLE BENEFIT

JACKSONVILLE FL 32246-6484

     1,908,839.325        18.41
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     1,895,899.916        18.29
  

RAYMOND JAMES

ST PETERSBURG FL 33716-1100

     1,580,935.309        15.25
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     1,160,433.823        11.19
  

WELLS FARGO CLEARING SERVICES LLC

SAINT LOUIS MO 63103-2523

     894,266.126        8.62
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     804,360.852        7.76
  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     630,229.463        6.08

Class N

  

NABANK & CO

TULSA OK 74101-2180

     150,524.368        42.22
  

BAND & CO C/O US BANK NA

MILWAUKEE WI 53201-1787

     132,877.632        37.27
  

BANK OF AMERICA CUSTODIAN

DALLAS TX 75284-3869

     73,057.479        20.49

Class Y

  

CHARLES SCHWAB & CO INC

SAN FRANCISCO CA 94104-4151

     49,447,001.82        26.71
  

MORGAN STANLEY SMITH BARNEY

JERSEY CITY NJ 07311

     16,885,414.84        9.12
  

UBS WM USA

WEEHAWKEN NJ 07086-6761

     14,838,220.02        8.01
  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     11,478,722.88        6.20
  

MLPF & S FOR THE SOLE BENEFIT

JACKSONVILLE FL 32246-6484

     11,254,862.95        6.08

 

73


Fund and
Class

  

Name and Address of Beneficial Owner

   Shares
Beneficially
Owned
     Percentage of
Outstanding
Shares of
Class Owned
 

Natixis ETF Trust

 

Natixis Seeyond International Minimum Volatility ETF

 

  

NFS LLC FEBO

CHICAGO IL 60607-4715

     264,668        75.62
  

LPL FINANCIAL

SAN DIEGO CA 92121-3091

     37,113        10.60
  

PERSHING LLC

JERSEY CITY NJ 07399-0001

     20,418        5.83

 

* Such ownership may be beneficially held by individuals or entities other than the owner listed. To the extent that any listed shareholder beneficially owns more than 25% of a Fund, it may be deemed to “control” such Fund within the meaning of the 1940 Act. The effect of such control may be to reduce the ability of other shareholders of the Fund to take actions requiring the affirmative vote of holders of a plurality or majority of the Fund’s shares without the approval of the controlling shareholder.

Ownership of Shares by Management

As of September 15, 2017, the Trustees and executive officers of the Trusts collectively owned less than 1% of the outstanding shares of each class of shares of each Fund except for the following:

 

Trustees / Officers

   Shares Beneficially Owned      Percentage of Outstanding
Shares of Class Owned
 
Loomis Sayles Institutional High Income Fund – Institutional Class  

Daniel J. Fuss

     4,081,087.912        3.90

 

74


Appendix C

During the fiscal year ended December 31, 2016, November 30, 2016 and September 30, 2016, the Trustees of the Trusts received the amounts set forth in the following tables for serving as Trustees of the Trusts.

Compensation Table

Total Aggregate Compensation from each Trust

December 31, 2016

 

     Natixis
Funds
Trust I1
     Natixis
Funds
Trust II2
     Natixis
Funds
Trust IV3
     Gateway
Trust4
     Natixis ETF
Trust5
     Total
Compensation
from the Fund
Complex6
 

INDEPENDENT TRUSTEES

 

     

Kenneth A. Drucker

   $ 28,603      $ 52,190      $ 2,356      $ 22,275      $ 401      $ 249,500  

Edmond J. English

   $ 27,738      $ 51,449      $ 2,390      $ 21,044      $ 371      $ 240,000  

Richard A. Goglia

   $ 27,738      $ 51,449      $ 2,390      $ 21,044      $ 371      $ 240,000  

Wendell J. Knox

   $ 27,738      $ 51,449      $ 2,390      $ 21,044      $ 371      $ 240,000  

Martin T. Meehan

   $ 27,738      $ 51,449      $ 2,390      $ 21,044      $ 371      $ 240,000  

Maureen B. Mitchell7

     N/A        N/A        N/A        N/A        N/A        N/A  

Sandra O. Moose

   $ 33,944      $ 47,514      $ 889      $ 35,549      $ 15      $ 325,000  

James P. Palermo

   $ 12,734      $ 21,649      $ 949      $ 9,945      $ 371      $ 109,500  

Erik R. Sirri

   $ 27,738      $ 51,449      $ 2,390      $ 21,044      $ 371      $ 240,000  

Peter J. Smail

   $ 29,719      $ 54,981      $ 2,542      $ 22,647      $ 401      $ 257,500  

Cynthia L. Walker

   $ 28,870      $ 53,467      $ 2,477      $ 21,960      $ 388      $ 250,000  

INTERESTED TRUSTEES

 

Kevin P. Charleston

   $ 0      $ 0      $ 0      $ 0      $ 0      $ 0  

David L. Giunta

   $ 0      $ 0      $ 0      $ 0      $ 0      $ 0  

 

1 Amounts include payments deferred by Trustees for the fiscal year ended December 31, 2016, with respect to the Trust. The total amount of deferred compensation accrued for Natixis Funds Trust I as of December 31, 2016 for the Trustees is as follows: English ($93,013), Goglia ($14,915), Knox ($198,855), Meehan ($44,968), Palermo ($5,179), Sirri ($164,462) and Walker ($250,747).
2 Amounts include payments deferred by Trustees for the fiscal year ended December 31, 2016, with respect to the Trust. The total amount of deferred compensation accrued for Natixis Funds Trust II as of December 31, 2016 for the Trustees is as follows: English ($164,741), Goglia ($24,087), Knox ($268,322), Meehan ($75,762), Palermo ($8,805), Sirri ($232,724) and Walker ($277,349).
3 Amounts include payments deferred by Trustees for the fiscal year ended January 31, 2017, with respect to the Trust. The total amount of deferred compensation accrued for Natixis Funds Trust IV as of January 31, 2017 for the Trustees is as follows: English ($9,761), Goglia ($1,291), Knox ($23,250), Meehan ($5,085), Palermo ($386), Sirri ($18,629) and Walker ($30,212).
4 Amounts include payments deferred by Trustees for the fiscal year ended December 31, 2016, with respect to the Trust. The total amount of deferred compensation accrued for Gateway Trust as of December 31, 2016 for the Trustees is as follows: English ($73,829), Goglia ($10,456), Knox ($131,734), Meehan ($36,345), Palermo ($4,045), Sirri ($111,246) and Walker ($147,153).
5 Amounts include payments deferred by Trustees for the fiscal year ended December 31, 2016, with respect to Natixis ETF Trust. The total amount of deferred compensation accrued for Natixis ETF Trust as of December 31, 2016 for the Trustees is as follows: English ($378), Goglia (N/A), Knox ($376), Meehan ($38), Palermo ($151), Sirri ($376) and Walker ($396).
6 Total Compensation represents amounts paid during the fiscal year ended December 31, 2016 to a Trustee for serving on the board of seven (7) trusts with a total of forty-two (42) funds as of December 31, 2016.
7 Ms. Mitchell was appointed as a Trustee effective July 1, 2017.

 

75


Compensation Table

Total Aggregate Compensation from each Trust

September 30, 2016

 

     Natixis Funds
Trust I1
     Loomis Sayles
Funds I2
     Loomis Sayles
Funds II3
     Total
Compensation
from the Fund
Complex4
 

INDEPENDENT TRUSTEES

 

Kenneth A. Drucker

   $ 27,903      $ 65,508      $ 74,988      $ 243,250  

Edmond J. English

   $ 27,036      $ 62,616      $ 71,174      $ 233,750  

Richard A. Goglia

   $ 27,036      $ 62,616      $ 71,174      $ 233,750  

Wendell J. Knox

   $ 27,036      $ 62,616      $ 71,174      $ 233,750  

Martin T. Meehan

   $ 27,036      $ 62,616      $ 71,174      $ 233,750  

Maureen B. Mitchell5

     N/A        N/A        N/A        N/A  

Sandra O. Moose

   $ 33,090      $ 91,139      $ 113,333      $ 318,750  

James P. Palermo

   $ 6,344      $ 14,479      $ 17,457      $ 54,750  

Erik R. Sirri

   $ 27,036      $ 62,616      $ 71,174      $ 233,750  

Peter J. Smail

   $ 29,019      $ 67,368      $ 76,663      $ 251,250  

Cynthia L. Walker

   $ 28,023      $ 64,978      $ 73,924      $ 242,500  

INTERESTED TRUSTEES

 

Kevin P. Charleston

   $ 0      $ 0      $ 0      $ 0  

David L. Giunta

   $ 0      $ 0      $ 0      $ 0  

 

1 Amounts include payments deferred by Trustees for the fiscal year ended September 30, 2016, with respect to the Trusts. The total amount of deferred compensation accrued for Natixis Funds Trust I as of September 30, 2016 for the Trustees is as follows: English $86,424, Goglia $15,048, Knox $192,041, Meehan $44,410, Palermo $2,574, Sirri $159,954 and Walker $237,189.
2 Amounts include payments deferred by Trustees for the fiscal year ended September 30, 2016, with respect to Loomis Sayles Funds I. The total amount of deferred compensation accrued for Loomis Sayles Funds I as of September 30, 2016 for the Trustees is as follows: English $250,096, Goglia $36,955, Knox $571,701, Meehan $139,887, Palermo $5,875, Sirri $467,641 and Walker $740,582.
3 Amounts include payments deferred by Trustees for the fiscal year ended September 30, 2016, with respect to Loomis Sayles Funds II. The total amount of deferred compensation accrued for Loomis Sayles Funds II as of September 30, 2016 for the Trustees is as follows: English $270,114, Goglia $39,633, Knox $602,005, Meehan $148,822, Palermo $7,084, Sirri $494,904 and Walker $747,221.
4 Total Compensation represents amounts paid during the fiscal year ended September 30, 2016 to a Trustee for serving on the Board of seven (7) trusts with a total of forty-three (43) funds as of September 30, 2016.
5 Ms. Mitchell was appointed as a Trustee effective July 1, 2017.

 

76


Compensation Table

Total Aggregate Compensation from each Trust

November 30, 2016

 

     Natixis Funds
Trust II1
     Total
Compensation
from the Fund
Complex2
 

INDEPENDENT TRUSTEES

 

Kenneth A. Drucker

   $ 52,190      $ 249,500  

Edmond J. English

   $ 51,449      $ 240,000  

Richard A. Goglia

   $ 51,449      $ 240,000  

Wendell J. Knox

   $ 51,449      $ 240,000  

Martin T. Meehan

   $ 51,449      $ 240,000  

Maureen B. Mitchell3

     N/A        N/A  

Sandra O. Moose

   $ 47,514      $ 325,000  

James P. Palermo

   $ 21,649      $ 109,500  

Erik R. Sirri

   $ 51,449      $ 240,000  

Peter J. Smail

   $ 54,981      $ 257,500  

Cynthia L. Walker

   $ 53,467      $ 250,000  

INTERESTED TRUSTEES

 

Kevin P. Charleston

   $ 0      $ 0  

David L. Giunta

   $ 0      $ 0  

 

1 Amounts include payments deferred by Trustees for the fiscal year ended November 30, 2016, with respect to the Trust. The total amount of deferred compensation accrued for the Trust as of November 30, 2016 for the Trustees is as follows: English ($162,699), Goglia ($23,929), Knox ($266,135), Meehan ($75,336), Palermo ($8,730), Sirri ($230,952) and Walker ($273,610).
2 Total Compensation represents amounts paid during the fiscal year ended November 30, 2016 to a Trustee for serving on the Board of seven (7) trusts with a total of forty-four (44) funds as of November 30, 2016.
3 Ms. Mitchell was appointed as a Trustee effective July 1, 2017.

 

77


 

 

 

007CFN0459


EVERY SHAREHOLDER’S VOTE IS IMPORTANT

 

   EASY VOTING OPTIONS:
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VOTE IN PERSON

Attend Shareholder Meeting

888 Boylston Street, Suite 800

Boston, MA 02199

on December 4, 2017

        Please detach at perforation before mailing.

 

PROXY      

NATIXIS FUNDS TRUST I, NATIXIS FUNDS TRUST II, NATIXIS FUNDS TRUST IV,

LOOMIS SAYLES FUNDS I, LOOMIS SAYLES FUNDS II, GATEWAY TRUST, AND NATIXIS ETF TRUST (the “Trusts”)

JOINT SPECIAL MEETING OF SHAREHOLDERS

TO BE HELD ON DECEMBER 4, 2017

This Proxy is solicited on behalf of the Board of Trustees of the Trusts. The undersigned, revoking any previous proxies, hereby appoints Michael Kardok, Russell Kane, and Rosa Licea-Mailloux, or any of them, as attorneys and proxies, with full power of substitution to each, to vote the shares which the undersigned is entitled to vote at the Joint Special Meeting of Shareholders (the “Meeting”) of the Trusts, (each separate series thereof, a “Fund”), to be held at the offices of NGAM Advisors, L.P. (“NGAM Advisors”), 888 Boylston Street, Suite 800 Boston, Massachusetts 02199-8197 on December 4, 2017 at 2:00 p.m. Eastern Time and at any adjournment(s) or postponement(s) of such Meeting. As to any other matter that properly comes before the Meeting or any adjournment(s) or postponement(s) thereof, the persons appointed above may vote in accordance with their best judgment.

Receipt of the Joint Proxy Statement is hereby acknowledged. The shares of the Funds represented hereby will be voted as indicated or FOR the proposal if no choice is indicated.

 

     

VOTE VIA THE INTERNET: www.proxy-direct.com

VOTE VIA THE TELEPHONE: 1-800-337-3503

 

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PLEASE MARK, SIGN, DATE ON THE REVERSE SIDE AND RETURN THIS PROXY CARD USING THE ENCLOSED ENVELOPE.

NAT_29185_092817


EVERY SHAREHOLDER’S VOTE IS IMPORTANT

Important Notice Regarding the Availability of Proxy Materials for

Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV, Loomis Sayles Funds I, Loomis Sayles Funds II, Gateway Trust and Natixis ETF Trust Joint Special Meeting of Shareholders to Be Held on December 4, 2017.

The Joint Proxy Statement for this Meeting is available at:

https://www.proxy-direct.com/nat-29185

 

FUNDS

 

FUNDS

 

FUNDS

AEW Real Estate Fund

ASG Managed Futures Strategy Fund

Gateway Fund

Loomis Sayles Global Equity and Income Fund

Loomis Sayles High Income Fund

Loomis Sayles Limited Term Government and Agency Fund

Loomis Sayles Strategic Alpha Fund

McDonnell Intermediate Municipal Bond Fund

Natixis Oakmark Fund

Natixis Sustainable Future 2020 Fund

Natixis Sustainable Future 2035 Fund

Natixis Sustainable Future 2050 Fund

Natixis U.S. Equity Opportunities Fund

Vaughan Nelson Value Opportunity Fund

Loomis Sayles Fixed Income Fund

Loomis Sayles Inflation Protected Securities Fund

Loomis Sayles Securitized Asset Fund

Loomis Sayles Small Mid Cap Growth Fund

 

ASG Dynamic Allocation Fund

ASG Tactical U.S. Market Fund

Loomis Sayles Core Plus Bond Fund

Loomis Sayles Global Growth Fund

Loomis Sayles Intermediate Duration Bond Fund

Loomis Sayles Multi-Asset Income Fund

Loomis Sayles Strategic Income Fund

Mirova Global Green Bond Fund

Natixis Oakmark International Fund

Natixis Sustainable Future 2025 Fund

Natixis Sustainable Future 2040 Fund

Natixis Sustainable Future 2055 Fund

Vaughan Nelson Select Fund

Loomis Sayles Bond Fund

Loomis Sayles Global Bond Fund

Loomis Sayles Institutional High Income Fund

Loomis Sayles Small Cap Growth Fund

Natixis Seeyond International Minimum Volatility ETF

 

ASG Global Alternatives Fund

Gateway Equity Call Premium Fund

Loomis Sayles Dividend Income Fund

Loomis Sayles Growth Fund

Loomis Sayles Investment Grade Bond Fund

Loomis Sayles Senior Floating Rate and Fixed Income Fund

Loomis Sayles Value Fund

Mirova Global Sustainable Equity Fund

Natixis Sustainable Future 2015 Fund

Natixis Sustainable Future 2030 Fund

Natixis Sustainable Future 2045 Fund

Natixis Sustainable Future 2060 Fund

Vaughan Nelson Small Cap Value Fund

Loomis Sayles Core Discipline Alpha Bond Fund

Loomis Sayles High Income Opportunities Fund

Loomis Sayles Investment Grade Fixed Income Fund

Loomis Sayles Small Cap Value Fund

   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   

Please detach at perforation before mailing.

If no specific instructions are provided, this proxy will be voted “FOR” the proposal and in the discretion of the proxies upon such other business as may properly come before the meeting.

 

 

TO VOTE, MARK BLOCKS BELOW IN BLUE OR BLACK INK AS SHOWN IN THIS EXAMPLE: LOGO

 

A    Proposal        The Board of Trustees unanimously recommends a vote “FOR” for the proposal.
1.    To elect thirteen nominees to the Board of Trustees of each Trust:         FOR    WITHHOLD    FOR ALL
                                             ALL    ALL    EXCEPT
   01.    Kevin Charleston    02.    Kenneth A. Drucker    03.    Edmond J. English    04.    David L. Giunta         
   05.    Richard A. Goglia    06.    Wendell J. Knox    07.    Martin T. Meehan    08.    Maureen B. Mitchell         
   09.    Sandra O. Moose    10.    James P. Palermo    11.    Erik R. Sirri    12.    Peter J. Smail         
   13.    Cynthia L. Walker                           
   INSTRUCTIONS: To withhold authority to vote for any individual trustee nominee(s), mark the “FOR ALL EXCEPT” box and write the name of the nominee(s) for which you would like to withhold authority on the following line.         
  

 

        
              
B    Authorized Signatures — This section must be completed for your vote to be counted.— Sign and Date Below
Note:    Please sign exactly as your name(s) appear(s) on this proxy card, and date it. When shares are held jointly, each holder should sign. When signing as attorney, executor, administrator, trustee, officer of corporation or other entity or in another representative capacity, please give the full title under the signature.

 

Date (mm/dd/yyyy) — Please print date below       Signature 1 — Please keep signature within the box       Signature 2 — Please keep signature within the box
            /        /                               

 

  608999900109999999999        
LOGO   xxxxxxxxxxxxxx   NAT 29185    M    xxxxxxxx    +


NATIXIS FUNDS TRUST I, NATIXIS FUNDS TRUST II, NATIXIS FUNDS TRUST IV, LOOMIS SAYLES FUNDS I, LOOMIS SAYLES FUNDS II, GATEWAY TRUST AND NATIXIS ETF TRUST (the “Trusts”)

IMPORTANT PROXY INFORMATION

Your Vote Counts!

 

  

PLEASE USE THE 14-DIGIT CONTROL NUMBER & 8-DIGIT SECURITY CODE LISTED IN THE BOXES BELOW WHEN REQUESTING MATERIAL VIA THE TELEPHONE & INTERNET. When you are ready to vote, you can use the same Control Number & Security Code to record your vote.

 

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Shareholder Meeting Notice – THIS IS NOT A PROXY – Please read carefully for voting instructions.

 

 

Important Notice Regarding the Availability of Proxy Materials for the Trusts’ Joint Special Meeting of Shareholders to Be Held on December 4, 2017.

 

As a shareholder, it is important for you to vote!

On the back of this Notice, you will find a summary of the proposal that requires a shareholder vote at the Joint Special Meeting of Shareholders of the Trusts (the “Meeting”).

This communication is NOT a form for voting and presents only an overview of the more complete proxy materials that are available to you on the Internet or by mail. We encourage you to access and review all of the important information contained in the proxy materials before voting.

The Proxy Statement for the Meeting and Form of Proxy Card are available at: https://www.proxy-direct.com/nat-29185

If you want to receive a paper copy of the proxy materials or an email with a link to the proxy materials, you must request them. There is no charge to you for requesting a copy. Paper materials will be mailed to the address on file within three business days of receipt of the request. Please make your request as soon as possible, but no later than November 29, 2017, to facilitate timely delivery. The Meeting will be held on December 4, 2017, at 2:00 p.m., Eastern Time, at the offices of NGAM Advisors, L.P. (“NGAM Advisors”), 888 Boylston Street, Suite 800, Boston, Massachusetts 02199-8197. To obtain directions to be able to attend the Meeting and vote in person, call 1-800-225-5478.

ONLINE MATERIAL ACCESS AND PAPER COPY REQUESTS CAN BE MADE UTILIZING ONE OF THE THREE METHODS BELOW. YOU CAN ALSO USE ONE OF THESE THREE METHODS TO ELECT A PERMANENT DELIVERY PREFERENCE FOR FUTURE MEETINGS.

 

 

ACCESS MATERIALS AND VOTE OR REQUEST PAPER DELIVERY OF MATERIALS

 

 

    

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Just follow the steps outlined on this secure website.

 

 

 

TELEPHONE REQUESTS—CALL 1-877-816-5331

Obtain paper copies of the Proxy Statement and/or Form of Proxy Card with an option to set future delivery preference by touch tone phone. Call toll free from the U.S. at NO CHARGE to you. Follow the instructions provided in the recorded messages.

     

 

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Email us to request Proxy Materials for the Shareholder Meeting and/or to set future delivery preferences.

-   Provide only your 14-Digit Control Number and 8-Digit Security Code as listed on this Notice in your email request for materials.

-   If you want to elect to receive all future proxy materials in paper form or via email, please note your request and for email, provide the address.

 

 

PAPER COPY REQUESTS SHOULD BE MADE NO LATER THAN NOVEMBER 29, 2017, TO FACILITATE TIMELY DELIVERY.

 

NAT_29185_NA_092817


Your Fund Holdings:

 

FUNDS    FUNDS    FUNDS

AEW Real Estate Fund

ASG Managed Futures Strategy Fund

Gateway Fund

Loomis Sayles Global Equity and Income Fund

Loomis Sayles High Income Fund

Loomis Sayles Limited Term Government and Agency Fund

Loomis Sayles Strategic Alpha Fund

McDonnell Intermediate Municipal Bond Fund

Natixis Oakmark Fund

Natixis Sustainable Future 2020 Fund

Natixis Sustainable Future 2035 Fund

Natixis Sustainable Future 2050 Fund

Natixis U.S. Equity Opportunities Fund

Vaughan Nelson Value Opportunity Fund

Loomis Sayles Fixed Income Fund

Loomis Sayles Inflation Protected Securities Fund

Loomis Sayles Securitized Asset Fund

Loomis Sayles Small Mid Cap Growth Fund

  

ASG Dynamic Allocation Fund

ASG Tactical U.S. Market Fund

Loomis Sayles Core Plus Bond Fund

Loomis Sayles Global Growth Fund

Loomis Sayles Intermediate Duration Bond Fund

Loomis Sayles Multi-Asset Income Fund

Loomis Sayles Strategic Income Fund

Mirova Global Green Bond Fund

Natixis Oakmark International Fund

Natixis Sustainable Future 2025 Fund

Natixis Sustainable Future 2040 Fund

Natixis Sustainable Future 2055 Fund

Vaughan Nelson Select Fund

Loomis Sayles Bond Fund

Loomis Sayles Global Bond Fund

Loomis Sayles Institutional High Income Fund

Loomis Sayles Small Cap Growth Fund

Natixis Seeyond International Minimum Volatility ETF

  

ASG Global Alternatives Fund

Gateway Equity Call Premium Fund

Loomis Sayles Dividend Income Fund

Loomis Sayles Growth Fund

Loomis Sayles Investment Grade Bond Fund

Loomis Sayles Senior Floating Rate and Fixed Income Fund

Loomis Sayles Value Fund

Mirova Global Sustainable Equity Fund

Natixis Sustainable Future 2015 Fund

Natixis Sustainable Future 2030 Fund

Natixis Sustainable Future 2045 Fund

Natixis Sustainable Future 2060 Fund

Vaughan Nelson Small Cap Value Fund

Loomis Sayles Core Discipline Alpha Bond Fund

Loomis Sayles High Income Opportunities Fund

Loomis Sayles Investment Grade Fixed Income Fund

Loomis Sayles Small Cap Value Fund

     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     

The following matter will be considered at the Meeting:

 

1. To elect thirteen nominees to the Board of Trustees of each Trust.

The Board of Trustees recommends that you vote “FOR” the proposal.

If you wish to attend and vote at the Meeting, please bring this Notice and proper identification with you to the Meeting.

Please refer to the Proxy Materials for further details on the proposal.

 

 

YOUR VOTE IS IMPORTANT NO MATTER HOW MANY SHARES YOU OWN

 

Common Questions about Notice and Access

Why am I receiving a Notice of Internet Availability instead of a Proxy Card and Proxy Statement?

Your Fund(s) has elected to utilize a distribution model authorized by the Securities and Exchange Commission (“SEC”) in 2007. This model, known as Notice and Access, allows mutual funds and public companies to send you a Notice instead of a full set of printed proxy materials. As a shareholder, you can select the means by which you access those proxy materials. You can view the materials electronically via the Internet, or request a full set of printed materials for this Shareholder Meeting and all future shareholder meetings, or you can make that choice on a case by case basis.

How do I access the materials, set my preference for future shareholder meeting materials and record my vote?

On the front side of this Notice are easy to follow instructions on how to access proxy materials electronically or request a full set of printed materials. Once you are on the website or ordering on the phone, you can also make your selection for future meetings.

When you are ready to vote, electronic voting is available by Internet or by Telephone using the Control Number and Security Code on the front of this Notice. The Telephone voting phone number is different from the ordering phone number and is displayed on the website. If you want to vote via Mail, you will need to request a paper copy of the materials to receive a Proxy Card and Return Envelope.

If I request printed proxy materials, how long will it take for me to receive them?

The SEC rule requires that the materials be sent via first class mail within three business days of receipt of your request.

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