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Loomis Sayles Bond Fund Retail Class

  • Symbol: LSBRX
  • No Transaction Fee No Transaction Fee 1
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Morningstar® Snapshot*

AS OF 05/31/2015; MORNINGSTAR CATEGORY: Multisector Bond
Returns 4 out of 5, Above Average Returns
LOWAVGHIGH
Expenses 3 out of 5, Average Fees
LOWAVGHIGH
Risk of this Category Category Risk Rating:4, where 1 is Lower and 10 is Higher
LOWERHIGHER

*Data provided by Morningstar.

Performance

 2 More Information
AS OF 5/31/2015
Average Annual Returns
YTD (Daily)* 1 Yr 3 Yr 5 Yr 10 Yr
YTD (Daily)* -2.04% 1 Yr -0.96% 3 Yr +6.56% 5 Yr +7.39% 10 Yr +7.05%
*AS OF 6/29/2015; Value is cumulative

Hypothetical Growth of $10,000

 3, 4 More Information
AS OF 05/31/2015; MORNINGSTAR CATEGORY: Multisector Bond
Shows growth of hypothetical $10,000 investment in Loomis Sayles Bond Fund Retail Class compared to Barclays Gov/Cred,Multisector Bond over the selected time period
Loomis Sayles Bond Fund Retail Class
Multisector Bond

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The performance data featured represents past performance, which is no guarantee of future results. Investment return and principal value of an investment will fluctuate; therefore, you may have a gain or loss when you sell your shares. Current performance may be higher or lower than the performance data quoted.

Fund Manager(s)

More Information
Daniel J. Fuss since 5/16/1991 Elaine M. Stokes since 2/1/2007 Matthew J. Eagan since 2/1/2007

Fund Overview

Objective

The investment seeks high total investment return through a combination of current income and capital appreciation.

Strategy

Under normal circumstances, the fund will invest at least 80% of its net assets (plus any borrowings made for investment purposes) in fixed-income securities. It will normally invest at least 55% of its net assets in investment-grade fixed-income securities. The fund may also invest up to 35% of its assets in below investment-grade fixed-income securities (commonly known as "junk bonds") and up to 20% of its assets in equity securities, such as common stocks and preferred stocks (with up to 10% of its assets in common stocks).

Risk

The fund may invest in lower-quality debt securities that involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible. Additional risk information for this product may be found in the prospectus or other product materials, if available.

Additional Disclosures

A mutual fund registered under Loomis Sayles Funds I, and managed by Loomis Sayles & Company L.P. This description is only intended to provide a brief overview of the fund. Read the fund's prospectus for more detailed information about the fund.

Except for Life of Fund returns, the analysis on these pages may be based, in part, on adjusted historical returns for periods prior to the class's actual inception of 12/31/1996. These calculated returns reflect the historical performance of the oldest share class of the fund, with an inception date of 05/16/1991, adjusted to reflect the fees and expenses of this share class (when this share class's fees and expenses are higher.) Please refer to a fund's prospectus for information regarding fees and expenses. These adjusted historical returns are not actual returns. Calculation methodologies utilized by Morningstar may differ from those applied by other entities, including the fund itself.

Details

More Information
Morningstar Category Multisector Bond
Fund Inception 5/16/1991
Share Class Inception 12/31/1996
NAV
6/29/2015
$14.27
Glossary definition opens in new window.Exp Ratio (Gross)
2/1/2015
0.91%
($9.10 per $1000)
Glossary definition opens in new window.Exp Ratio (Net)
2/1/2015
0.91%
($9.10 per $1000)
Minimum to Invest 5 $2,500.00
Turnover Rate
9/30/2014
26%
Glossary definition opens in new window.Portfolio Net Assets ($M)
5/31/2015
$23,679.18
Glossary definition opens in new window.Share Class Net Assets ($M)
5/31/2015
$7,995.40
12 Month Low-High
5/31/2015
$14.41 - $15.92

Portfolio Data

30-Day Yield 6
3.10%
5/29/2015

Top 10 Holdings

 7 More Information
AS OF 4/30/2015
Top 10 Holdings
Canada Govt 1% 3.19%
Intel Corp 2.53%
Intel Cv 3.25% 2.18%
Ford Motor Co 1.42%
US Treasury Note 0.5% 1.26%
United Mexican States 8% 1.23%
United Mexican States 7.62435% 1.23%
Hca 5.25% 1.08%
Amer Airls Grp 144A 5.5% 1.01%
US Treasury Note 0.375% 0.95%
% of Total Portfolio 16.08%
Total # of holdings: 786 as of 4/30/2015

Quarter-End Average Annual Total Returns

 3, 2 More Information
AS OF 3/31/2015; FUND INCEPTION 5/16/1991 Glossary definition opens in new window.

EXPENSE RATIO (GROSS):
0.91% AS OF 2/1/2015
1 Yr 3 Yr 5 Yr 10 Yr Life
Glossary definition opens in new window.Before Taxes
Loomis Sayles Bond Fund Retail Class 0.51% 5.57% 6.95% 7.05% 8.08%
Barclays Gov/Cred 5.86% 3.35% 4.75% 4.96% 5.77%
Multisector Bond 2.62% 4.78% 6.07% 5.95% --
Glossary definition opens in new window.After Taxes on Distributions
Loomis Sayles Bond Fund Retail Class -1.74% 3.35% 4.78% 4.78% 5.42%
Multisector Bond -0.35% 2.56% 3.91% 3.80% --
Glossary definition opens in new window.After taxes on distributions and sale of fund shares
Loomis Sayles Bond Fund Retail Class 0.82% 3.44% 4.57% 4.62% 5.25%
Multisector Bond 1.02% 2.67% 3.81% 3.78% --

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2015 Morningstar, Inc. All rights reserved. The Morningstar information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or redistributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Fidelity does not review the Morningstar data and, for fund performance, you should check the fund's current prospectus or other product materials for the most up-to-date information concerning applicable loads, fees and expenses.

1. No Transaction Fee funds are available without paying a transaction fee. No Transaction Fee funds will also be offered without a load or on a load waived basis. However, the fund may charge a short term trading fee or a redemption fee. Other fees and expenses, including those which apply to a continued investment in the fund, are described in the fund's current prospectus. Fidelity Brokerage Services LLC ("FBS"), or its affiliates, receives compensation in connection with (i) access to, purchase or redemption of, and/or maintenance of positions in mutual funds and other investment products ("funds"), (ii) platform infrastructure needed to support such funds as well as additional compensation for shareholder services, platform infrastructure support and maintenance, and other programs and/or (iii) a fund's attendance at events for FBS's clients and/or representatives, and opportunities for the fund to promote its products and services. This compensation may take the form of sales loads and 12b-1 fees described in the prospectus and/or additional compensation paid by the fund, its investment adviser or an affiliate. Additional information about the source(s) and amount(s) of this compensation as well as any other remuneration received by FBS or its affiliates will be furnished upon request.

2. Total returns are historical and include change in share value and reinvestment of dividends and capital gains, if any. Cumulative total returns are reported as of the period indicated. Life of fund figures are reported as of the commencement date to the period indicated and are cumulative if the fund is less than one year old. Total returns do not reflect the fund's [%] sales charge. If sales charges were included, total returns would have been lower.

3. The Morningstar Category Average is the average return for the peer group based on the returns of each individual fund within the group, for the period shown. This average assumes reinvestment of dividends.

4. This chart illustrates the performance of a hypothetical $10,000 investment made in this investment product (and a benchmark or category average, if shown) from the beginning date shown or on the inception date of the product (whichever is later). The inception date used for products with underlying funds, or multiple shares classes, or are offered as a separate account, strategy or sub account, may be the inception date of the underlying fund, the earliest share class of the product, or the date composite performance for the product was first made available. The product's returns may not reflect all its expenses. Any fees not reflected would lower the returns. Benchmark returns include reinvestment of capital gains and dividends, if any, but do not reflect any fees or expenses. It is not possible to invest in an index. Past performance is no guarantee of future results. This chart is not intended to imply any future performance of the investment product.

5. Initial minimum investments into group retirement accounts such as Fidelity Simplified Employee Pension-IRA, Keogh, Self-Employed 401(k), and Non-Fidelity Prototype Retirement accounts are $500 or higher. Additional investments into Regular, IRA, and Group accounts are $250 or higher.

6. A standard yield calculation developed by the Securities and Exchange Commission for bond funds. The yield is calculated by dividing the net investment income per share earned during the 30-day period by the maximum offering price per share on the last day of the period. The yield figure reflects the dividends and interest earned during the 30-day period, after the deduction of the fund's expenses. It is sometimes referred to as "SEC 30-Day Yield" or "standardized yield".

7. Any holdings, asset allocation, diversification breakdowns or other composition data shown are as of the date indicated and are subject to change at any time. They may not be representative of the fund's current or future investments. Some breakdowns may be intentionally limited to a particular asset class or other subset of the fund's entire portfolio, particularly in multi-asset class funds where the attributes of the equity and fixed income portions are different.

Under the asset allocation section, international (or foreign) assets may be reported differently depending on how an investment options reports its holdings. Some do not report international (or foreign) holdings here, but instead report them in a "Regional Diversification" section. Some report them in this section as an to the equity, bond and other allocation shown. Others report international (or foreign) holding as a subset of the equity and bond allocations shown. If the allocation without the foreign component (or round to) 100%, then international (or foreign) is a subset of the equity and bond percentage shown.

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Before investing, consider the investment objectives, risks, charges and expenses of the fund or annuity and its investment options. Contact Fidelity for a free prospectus and, if available, summary prospectus containing this information. Read it carefully.

Morningstar Category: Multisector Bond
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