Supplement dated July 1, 2026 to the Loomis Sayles Funds Statements of Additional Information, dated February 1, 2026, May 1, 2026, and May 7, 2026, and the Natixis Funds Statements of Additional Information, dated February 1, 2026, April 1, 2026, May 1, 2026, and June 1, 2026, and the Natixis ETFs Statements of Additional Information, dated May 1, 2026, and June 22, 2026, as may be revised or supplemented from time to time, for the following funds:
| AEW Global Focused Real Estate Fund |
Loomis Sayles Securitized Asset Fund | |
| Gateway Fund |
Loomis Sayles Senior Floating Rate and Fixed Income Fund | |
| Gateway Equity Call Premium Fund |
Loomis Sayles Small Cap Growth Fund | |
| Loomis Sayles Core Plus Bond Fund |
Loomis Sayles Small Cap Value Fund | |
| Loomis Sayles Credit Income Opportunities Fund |
Loomis Sayles Small/Mid Cap Growth Fund | |
| Loomis Sayles Fixed Income Fund |
Loomis Sayles Strategic Alpha Fund | |
| Loomis Sayles Global Allocation Fund |
Loomis Sayles Strategic Income Fund | |
| Loomis Sayles Global Bond Fund |
Mirova Global Megatrends Fund | |
| Loomis Sayles Global Growth Fund |
Natixis Gateway Quality Income ETF | |
| Loomis Sayles Growth Fund |
Natixis Loomis Sayles Dynamic Core Plus ETF | |
| Loomis Sayles High Income Fund |
Natixis Loomis Sayles Focused Growth ETF | |
| Loomis Sayles High Income Opportunities Fund |
Natixis Loomis Sayles Total Return Bond ETF | |
| Loomis Sayles Income Fund |
Natixis Oakmark Fund | |
| Loomis Sayles Inflation Protected Securities Fund |
Natixis Oakmark International Fund | |
| Loomis Sayles Institutional High Income Fund |
Natixis U.S. Equity Opportunities Fund | |
| Loomis Sayles Intermediate Duration Bond Fund |
Natixis Vaughan Nelson Select ETF | |
| Loomis Sayles International Growth Fund |
Vaughan Nelson Mid Cap Fund | |
| Loomis Sayles Investment Grade Bond Fund |
Vaughan Nelson Select Fund | |
| Loomis Sayles Investment Grade Fixed Income Fund |
Vaughan Nelson Small Cap Fund | |
| Loomis Sayles Limited Term Government and Agency Fund |
Effective July 1, 2026, the table in the sub-section “Trustees and Officers” within the section “Management of the Trust(s)” of the Statement of Additional Information (the “SAI”), is hereby updated to reflect the addition of the new trustees below. In addition, the list of the members of the Audit Committee, Contract Review Committee and Governance Committee in the sub-section “Leadership and Structure of the Board” within the section “Management of the Trust(s)” of the SAI is hereby replaced with the following:
| Name and Year of Birth |
Position(s) Held with the Trust, 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 | ||||
| Morris W. Applewhite (1958) |
Trustee since 2026
Audit Committee Member |
Retired; formerly, National Head of Corporate Engagement, Year Up United (workforce development nonprofit) | 39
Board Member, Boys and Girls Club of America (youth development nonprofit); formerly, Independent Director, Credit Suisse Holdings and Credit Suisse Securities LLC (financial services) |
Significant experience on the boards of business organizations; financial services industry experience (including service as an independent director of financial services entities); executive experience overseeing complex business operations (including senior leadership roles at multinational business services companies) | ||||
| Amy Whitelaw (1971) |
Trustee since 2026
Contract Review Committee Member |
Retired; formerly, Head of Equity Index Portfolio Management, BlackRock (financial services); Head of U.S. iShares Portfolio Management, BlackRock (financial services) | 39 | Financial services industry and executive experience (including leadership roles in index portfolio management and asset allocation at a global investment management firm) | ||||
| 1 | Each Trustee serves until retirement, resignation or removal from the Board. The current retirement age is 75. The position of Chairperson of the Board is appointed for a three-year term. |
| 2 | The Trustees of the Trust 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”), Loomis Sayles Funds I and Loomis Sayles Funds II, Loomis Sayles Credit Income Opportunities Fund (collectively, the “Loomis Sayles Funds Trusts”), and Natixis ETF Trust and Natixis ETF Trust II (collectively, the “Natixis ETF Trusts”) (collectively, the “Fund Complex”). |
| Audit Committee |
Contract Review Committee |
Governance Committee | ||
| Richard A. Goglia – Chairperson |
Kirk A. Sykes – Chairperson | James P. Palermo – Chairperson | ||
| Morris W. Applewhite |
Edmond J. English | Edmond J. English | ||
| James P. Palermo |
Martin T. Meehan | Martin T. Meehan | ||
| Cynthia L. Walker |
Maureen B. Mitchell | Cynthia L. Walker | ||
| Amy Whitelaw |
As Chairperson of the Board, Mr. Sirri is an ex officio member of each Committee.
Effective June 29, 2026, Susan Tobin has resigned as Chief Compliance Officer and Anti-Money Laundering Officer of the Trusts. Ms. Tobin will continue to serve as Secretary, Clerk, and Chief Legal Officer of the Trusts. Accordingly, effective immediately, all references to Ms. Tobin as Chief Compliance Officer and Anti-Money Laundering Officer of the Trusts are removed from each SAI.
Effective June 29, 2026, Jennifer Cassedy has been appointed as Chief Compliance Officer, Assistant Secretary and Anti-Money Laundering Officer of the Trusts. Accordingly, the “Officers of the Trust(s)” table located in the sub-section “Trustees and Officers” within the section “Management of the Trust(s)” in each SAI is hereby amended to include the following:
| Name and Year of Birth |
Position(s) Held with the Trust(s) |
Term of Office1 and Length of Time Served |
Principal Occupation(s) During Past 5 Years2 | |||
| OFFICERS OF THE TRUST | ||||||
| Jennifer Cassedy (1971) |
Chief Compliance Officer, Assistant Secretary and Anti-Money Laundering Officer | Since June 2026 | Senior Vice President, Natixis Advisors, LLC and Natixis Distribution, LLC; formerly, Vice President, Asset Management Compliance, Fidelity Investments | |||
| 1 | Each officer of the Trust serves for an indefinite term in accordance with the Trust’s 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 | Each person listed above, except as noted, holds the same position(s) with the Fund Complex. Previous positions during the past five years with Natixis Distribution, L.P., Natixis 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. |