Flexible Income

Seeks to maximize total return with the goal of enhancing income and reducing volatility

Overview

Strategy Details

Available Vehicles

  • Institutional Separate Account
  • Collective Investment Trust
    A collective investment trust is an institutional-only investment structure that is exclusively available to qualified retirement plans which meet certain eligibility requirements. A collective investment trust is not available to retail investors or the general public. For more information, qualified retirement plan sponsors should reach out to their Loomis Sayles Relationship Manager.

Portfolio Managers

Matt Eagan, CFA

Matt Eagan, CFA

Head of the Full Discretion Team, Portfolio Manager

36 years Industry Experience
29 years Tenure at Loomis Sayles
Scott Darci, CFA

Scott Darci, CFA

Portfolio Manager and Convertibles & Equity Strategist

20 years Industry Experience
18 years Tenure at Loomis Sayles

About the Team

Full Discretion

High-conviction, active credit investors focused on results.

$87.3B assets under management (as of 6/30/2026)

Investment Strategy

  • High conviction, active equity and credit manager
  • Multi-asset strategy that seeks to maximize total return and offer competitive income
  • Location in the credit cycle and estimated risk premium attractiveness will inform our allocations to US equities, high yield credit and investment grade credit, as well as our view on duration

Documents

Important Disclosures


 
KEY RISKS: Credit Risk, Issuer Risk, Interest Rate Risk, Liquidity Risk, Prepayment Risk and Extension Risk. Investing involves risk including possible loss of principal.
 
There is no guarantee that the investment objective will be realized or that the strategy will generate positive or excess return.
 
Investment vehicles may not be available to all investors and are subject to eligibility.

The Composite includes all discretionary accounts with market values greater than $5 million managed by Loomis Sayles with investment guidelines that allow for a diversified, actively managed exposure to the US High Yield credit market which emphasizes a disciplined portfolio construction and risk assessment process in fixed income and related investments of any maturity and credit quality, including lower-rated fixed income investments, derivatives, and bonds with equity like features. As of 1/1/2021 the Composite was redefined to include commingled vehicles, previously only separate accounts were included. The Composite inception date is October 1, 2009. The Composite was created in 2010.

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