UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number: 811-09945
Natixis Funds Trust IV
(Exact name of Registrant as specified in charter)
888 Boylston Street, Suite 800, Boston, Massachusetts 02199-8197
(Address of principal executive offices) (Zip code)
Natalie Wagner, Esq.
Natixis Distribution, LLC
888 Boylston Street, Suite 800
Boston, Massachusetts 02199-8197
(Name and address of agent for service)
Registrant’s telephone number, including area code: (617) 449-2810
Date of fiscal year end: January 31
Date of reporting period: January 31, 2021
Item 1. Reports to Stockholders.
(a) | The Registrant’s annual report on behalf of its series, Natixis Sustainable Future 2035 Fund, as transmitted to shareholders pursuant to Rule 30e-1 under the Investment Company Act of 1940 is as follows: |
Annual Report
January 31, 2021
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®
Portfolio Review | 1 | |||
Portfolio of Investments | 23 | |||
Financial Statements | 93 | |||
Notes to Financial Statements | 111 |
NATIXIS SUSTAINABLE FUTURE FUNDS®
Managers | Symbols | |
Natixis Advisors, L.P.* | ||
AIA U.S. Large Cap Value ESG Segment AIA U.S. Small/Mid Cap ESG Segment AIA International Developed Markets Equity ESG Segment Active Index Advisors®, a division of Natixis Advisors, L.P.
Harris Associates Large Cap Value Segment Harris Associates L.P.**
Loomis Sayles All Cap Growth Segment Loomis Sayles Core Fixed Income Segment Loomis Sayles Inflation Protected Securities Fund*** Loomis Sayles Limited Term Government and Agency Fund*** Loomis, Sayles & Company, L.P.**
Mirova Climate Ambition U.S. Equity Segment Mirova Global Green Bond Fund*** Mirova International Sustainable Equity Fund*** Mirova US LLC**
WCM Focused International Growth Fund*** WCM Focused Emerging Markets Fund*** WCM Investment Management | 2015 Fund Class N NSFBX 2020 Fund Class N NSFDX 2025 Fund Class N NSFEX 2030 Fund Class N NSFFX 2035 Fund Class N NSFGX 2040 Fund Class N NSFHX 2045 Fund Class N NSFJX 2050 Fund Class N NSFKX 2055 Fund Class N NSFLX 2060 Fund Class N NSFMX |
* | Natixis Advisors, L.P. is responsible for determining each Fund’s available underlying funds and separately managed segments, determining each Fund’s glide path and target allocations and supervising the activities of each Fund’s subadvisers. |
** | Subadviser |
*** | Affiliated mutual fund |
Investment Goal
Each Fund seeks the highest total return consistent with its current asset allocation.
Market Conditions
Given the onset of the Covid-19 pandemic in 2020, the 12-month period ending January 31, 2021 was one with many different themes as the world sought to solve a global health crisis. After a strong start to 2020, volatility exploded across global markets in late February in response to the pandemic. Energy markets plummeted, as did yields, and equity markets spent over three weeks in crisis.
Towards the end of March, supported by fiscal and monetary intervention from central banks and policymakers around the world, the freefall halted and began to reverse. Over the rest of the year, equity markets rallied sharply, led by technology stocks and those businesses less fazed by a global health crisis. Despite the strong rally, volatility remained above long-term averages throughout the year.
Unrest around the US presidential election, rising Covid-19 cases, and ongoing Brexit negotiations led to somewhat higher volatility in September and October. Markets weighed the balance between hope for a vaccine and fear of further lockdowns and restrictions. In November and December, hope seemed to prevail, with the election generally resolved and the development and testing of vaccines. Equity markets surged, with somewhat of a rotation toward cyclically oriented areas that had been harder hit by the pandemic. Despite a strong start to the month, January 2021 proved to be a lackluster start to the new year with weakness across equity and fixed income markets, and a continued rotation toward cyclically exposed businesses.
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Performance Results
For the 12-month period ending January 31, 2021, all ten Natixis Sustainable Future Funds® posted gains, ranging from 12.97% for the shortest-dated 2015 Fund to 19.09% for the longest-dated 2060 Fund. All Fund vintages outperformed their peer-based S&P Target Date benchmarks, by margins ranging from 3.05% for the 2055 Fund to 4.50% for the 2020 fund.
Fund Name | Fund Performance as of 1/31/2021 | Benchmark | Benchmark Performance as of 1/31/2021 | |||||||
Natixis Sustainable Future 2015 Fund | 12.97 | % | S&P Target Date 2015® Index1 | 9.64 | % | |||||
Natixis Sustainable Future 2020 Fund | 14.26 | S&P Target Date 2020® Index1 | 9.76 | |||||||
Natixis Sustainable Future 2025 Fund | 14.35 | S&P Target Date 2025® Index1 | 11.07 | |||||||
Natixis Sustainable Future 2030 Fund | 15.88 | S&P Target Date 2030® Index1 | 12.11 | |||||||
Natixis Sustainable Future 2035 Fund | 16.62 | S&P Target Date 2035® Index1 | 13.35 | |||||||
Natixis Sustainable Future 2040 Fund | 18.04 | S&P Target Date 2040® Index1 | 14.23 | |||||||
Natixis Sustainable Future 2045 Fund | 18.30 | S&P Target Date 2045® Index1 | 14.68 | |||||||
Natixis Sustainable Future 2050 Fund | 19.05 | S&P Target Date 2050® Index1 | 15.00 | |||||||
Natixis Sustainable Future 2055 Fund | 18.07 | S&P Target Date 2055® Index1 | 15.02 | |||||||
Natixis Sustainable Future 2060 Fund | 19.09 | S&P Target Date 2060+ Index1 | 15.15 |
1 | The S&P Target Date® Index Series consists of multi-asset class indices, each corresponding to a specific target retirement date. The asset allocation for each index is determined through an annual survey of target date fund groups with a minimum asset threshold of $100 million. The various asset class exposures of the Indices may include equities, fixed income, REITs, and commodities depending on the allocations reported in the survey. Index returns are calculated daily. You may not invest directly in an index. |
Performance Explanation
Both the Funds’ fixed income and equity allocations posted positive absolute returns and contributed to the Funds’ performance for the 12-month period ending January 31, 2021.
While the Funds are managed to our internal asset allocation glide path (the Funds’ targeted mix of equity and fixed income allocations, which becomes more conservative over time as the target retirement date nears) rather than to the S&P Target Date benchmarks, we like to understand how the Funds’ performance compares to these peer-based benchmarks and why. During the 12-month period, the Funds’ outperformance relative to the S&P Target Date benchmarks was due primarily to our slight overweight to equities and underweight to fixed income. Importantly, despite the higher equity allocation, the Funds performed in line with their S&P Target Date benchmarks during the steep equity market decline that began February 20th and ended March 23rd, during which the S&P 500® Index1 declined 33.8%. The Funds outperformed their respective benchmarks during the equity market recovery that followed.
More specifically, the Funds’ exposure to growth equities was additive to results given the strong outperformance of growth vs value stocks during the 12-month period. In particular, the Mirova Climate Ambition U.S. Equity strategy significantly outperformed its benchmark, the S&P 500®. On the other hand, exposure to the Loomis Sayles All Cap Growth strategy was a relative detractor as the strategy underperformed its asset class benchmark. While the Harris Large Cap Value strategy had been a relative detractor for most of the period, the strategy was particularly additive during the fourth quarter of 2020 as investors rotated toward stocks that had been harder hit by the pandemic and value outperformed growth. Within our international developed equity allocation, the Mirova International Sustainable Equity Fund also exhibited strong performance. On the fixed income side, the Funds’ underweight to investment grade fixed income contributed to returns relative to the S&P Target Date benchmarks. All the fixed income fund investments generally performed in line with their respective asset class benchmarks.
Portfolio Positioning
As expected in a period marked by significant moves in the markets, we rebalanced the Funds several times early in the period in an effort to return their exposures back to target. Specifically, the Funds were rebalanced twice during March 2020 to reduce overweights to fixed income and underweights to equity, which were a result of the precipitous decline in the equity markets during that period. The Funds were then rebalanced once in April and again in May to increase fixed income and reduce equity exposure, as they had become underweight fixed income and overweight equity due to the reversal and advance of the equity markets following the sharp decline.
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NATIXIS SUSTAINABLE FUTURE FUNDS®
Effective October 30, 2020, we also implemented changes to the underlying manager lineup by adding two new underlying funds — the WCM Focused International Growth Fund and WCM Focused Emerging Markets Fund — and removing the AIA Emerging Markets ESG Segment. These changes were designed to pursue new opportunities and improve the underlying constituents of the Funds. The Funds’ asset class exposures, however, did not change as a result of these modifications.
Finally, effective December 31, 2020, in an effort to further enhance and streamline the day-to-day management of the Funds, Natixis Advisors fully assumed the glide path and related responsibilities from Wilshire Associates Incorporated (which then ceased to be a sub-adviser). The Funds’ asset allocation glide path did not change as a result of this transition, as we believe it continues to be appropriate and in the best interest of the shareholders to maintain it.
Outlook
Despite 2020 ending on a more positive economic note, we remain in the midst of a global health crisis that affects individuals and the capital markets in a number of different ways. The unprecedented conditions that characterized most of 2020 will take time to resolve and the pace of inoculations remains a risk. While interest rates will likely remain at historic lows for some time, the equity market recovery has been uneven. The expectation is for volatility to continue as the pace of recovery remains uncertain.
As we continue to navigate this uncertainty, we encourage you to maintain a long-term perspective when it comes to your investments. We thank you for your continued trust and wish the best for you and your family in the coming months.
1 | S&P 500® Index is a widely recognized measure of U.S. stock market performance. It is an unmanaged index of 500 common stocks chosen for market size, liquidity, and industry group representation, among other factors. It also measures the performance of the large-cap segment of the U.S. equities market. |
NATIXIS SUSTAINABLE FUTURE 2015 FUND
Hypothetical Growth of $1,000,000 Investment in Class N Shares2
February 28, 2017 (inception) through January 31, 2021
See notes to chart on page 18.
3 |
Asset Allocation as of January 31, 2021*
% of Net Assets | ||||
Equity | 43.03 | % | ||
AIA International Developed Markets Equity ESG Segment | 3.97 | |||
AIA Large Cap Value ESG Segment | 3.90 | |||
AIA U.S. Small/Mid Cap ESG Segment | 5.74 | |||
Harris Associates Large Cap Value Segment | 7.10 | |||
Loomis Sayles All Cap Growth Segment | 6.81 | |||
Mirova Climate Ambition U.S. Equity Segment | 6.11 | |||
Mirova International Sustainable Equity Fund | 4.18 | |||
WCM Focused Emerging Markets Fund | 1.06 | |||
WCM Focused International Growth Fund | 4.16 | |||
Fixed Income | 54.99 | |||
Loomis Sayles Core Fixed Income Segment | 20.37 | |||
Loomis Sayles Inflation Protected Securities Fund | 12.91 | |||
Loomis Sayles Limited Term Government and Agency Fund | 11.34 | |||
Mirova Global Green Bond Fund | 10.37 | |||
Cash | 1.98 |
* | Differences between these amounts and those reported elsewhere in the financial statements are attributable to the inclusion of other assets and liabilities. |
Average Annual Total Returns — January 31, 20212
Expense Ratios3 | ||||||||||||||||
1 Year | Life of Fund | Gross | Net | |||||||||||||
Class N (Inception 2/28/17) | ||||||||||||||||
NAV | 12.97 | % | 9.24 | % | 3.36 | % | 0.55 | % | ||||||||
Comparative Performance | ||||||||||||||||
S&P Target Date 2015® Index1 | 9.64 | 7.41 |
Performance data shown represents past performance and is no guarantee of, and not necessarily indicative of, future results. Total return and value will vary, and you may have a gain or loss when shares are sold. Current performance may be lower or higher than quoted. For most recent month-end performance, visit im.natixis.com/performance. You may not invest directly in an index. Performance for periods less than one year is cumulative, not annualized. Returns reflect changes in share price and reinvestment of dividends and capital gains, if any. The table(s) do not reflect taxes shareholders might owe on any fund distributions or when they redeem their shares. See notes to tables on page 18.
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NATIXIS SUSTAINABLE FUTURE FUNDS®
NATIXIS SUSTAINABLE FUTURE 2020 FUND
Hypothetical Growth of $1,000,000 Investment in Class N Shares2
February 28, 2017 (inception) through January 31, 2021
See notes to chart on page 18.
Asset Allocation as of January 31, 2021*
% of Net Assets | ||||
Equity | 51.93 | % | ||
AIA International Developed Markets Equity ESG Segment | 4.55 | |||
AIA Large Cap Value ESG Segment | 3.98 | |||
AIA U.S. Small/Mid Cap ESG Segment | 7.50 | |||
Harris Associates Large Cap Value Segment | 8.97 | |||
Loomis Sayles All Cap Growth Segment | 8.17 | |||
Mirova Climate Ambition U.S. Equity Segment | 7.20 | |||
Mirova International Sustainable Equity Fund | 4.73 | |||
WCM Focused Emerging Markets Fund | 2.13 | |||
WCM Focused International Growth Fund | 4.70 | |||
Fixed Income | 45.69 | |||
Loomis Sayles Core Fixed Income Segment | 18.60 | |||
Loomis Sayles Inflation Protected Securities Fund | 8.28 | |||
Loomis Sayles Limited Term Government and Agency Fund | 9.62 | |||
Mirova Global Green Bond Fund | 9.19 | |||
Cash | 2.38 |
* | Differences between these amounts and those reported elsewhere in the financial statements are attributable to the inclusion of other assets and liabilities. |
5 |
Average Annual Total Returns — January 31, 20212
Expense Ratios3 | ||||||||||||||||
1 Year | Life of Fund | Gross | Net | |||||||||||||
Class N (Inception 2/28/17) | ||||||||||||||||
NAV | 14.26 | % | 10.05 | % | 3.34 | % | 0.55 | % | ||||||||
Comparative Performance | ||||||||||||||||
S&P Target Date 2020® Index1 | 9.76 | 7.77 |
Performance data shown represents past performance and is no guarantee of, and not necessarily indicative of, future results. Total return and value will vary, and you may have a gain or loss when shares are sold. Current performance may be lower or higher than quoted. For most recent month-end performance, visit im.natixis.com/performance. You may not invest directly in an index. Performance for periods less than one year is cumulative, not annualized. Returns reflect changes in share price and reinvestment of dividends and capital gains, if any. The table(s) do not reflect taxes shareholders might owe on any fund distributions or when they redeem their shares. See notes to tables on page 18.
NATIXIS SUSTAINABLE FUTURE 2025 FUND
Hypothetical Growth of $1,000,000 Investment in Class N Shares2
February 28, 2017 (inception) through January 31, 2021
See notes to chart on page 18.
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NATIXIS SUSTAINABLE FUTURE FUNDS®
NATIXIS SUSTAINABLE FUTURE 2025 FUND
Asset Allocation as of January 31, 2021*
% of Net Assets | ||||
Equity | 57.04 | % | ||
AIA International Developed Markets Equity ESG Segment | 5.77 | |||
AIA Large Cap Value ESG Segment | 0.00 | |||
AIA U.S. Small/Mid Cap ESG Segment | 8.33 | |||
Harris Associates Large Cap Value Segment | 9.90 | |||
Loomis Sayles All Cap Growth Segment | 9.95 | |||
Mirova Climate Ambition U.S. Equity Segment | 8.46 | |||
Mirova International Sustainable Equity Fund | 5.67 | |||
WCM Focused Emerging Markets Fund | 3.22 | |||
WCM Focused International Growth Fund | 5.74 | |||
Fixed Income | 40.79 | |||
Loomis Sayles Core Fixed Income Segment | 18.70 | |||
Loomis Sayles Inflation Protected Securities Fund | 5.69 | |||
Loomis Sayles Limited Term Government and Agency Fund | 8.21 | |||
Mirova Global Green Bond Fund | 8.19 | |||
Cash | 2.17 |
* | Differences between these amounts and those reported elsewhere in the financial statements are attributable to the inclusion of other assets and liabilities. |
Average Annual Total Returns — January 31, 20212
Expense Ratios3 | ||||||||||||||||
1 Year | Life of Fund | Gross | Net | |||||||||||||
Class N (Inception 2/28/17) | ||||||||||||||||
NAV | 14.35 | % | 10.41 | % | 3.82 | % | 0.56 | % | ||||||||
Comparative Performance | ||||||||||||||||
S&P Target Date 2025® Index1 | 11.07 | 8.54 |
Performance data shown represents past performance and is no guarantee of, and not necessarily indicative of, future results. Total return and value will vary, and you may have a gain or loss when shares are sold. Current performance may be lower or higher than quoted. For most recent month-end performance, visit im.natixis.com/performance. You may not invest directly in an index. Performance for periods less than one year is cumulative, not annualized. Returns reflect changes in share price and reinvestment of dividends and capital gains, if any. The table(s) do not reflect taxes shareholders might owe on any fund distributions or when they redeem their shares. See notes to tables on page 18.
7 |
NATIXIS SUSTAINABLE FUTURE 2030 FUND
Hypothetical Growth of $1,000,000 Investment in Class N Shares2
February 28, 2017 (inception) through January 31, 2021
See notes to chart on page 18.
Asset Allocation as of January 31, 2021*
% of Net Assets | ||||
Equity | 67.07 | % | ||
AIA International Developed Markets Equity ESG Segment | 6.39 | |||
AIA Large Cap Value ESG Segment | 5.91 | |||
AIA U.S. Small/Mid Cap ESG Segment | 8.79 | |||
Harris Associates Large Cap Value Segment | 10.69 | |||
Loomis Sayles All Cap Growth Segment | 10.89 | |||
Mirova Climate Ambition U.S. Equity Segment | 8.41 | |||
Mirova International Sustainable Equity Fund | 6.81 | |||
WCM Focused Emerging Markets Fund | 3.09 | |||
WCM Focused International Growth Fund | 6.09 | |||
Fixed Income | 30.88 | |||
Loomis Sayles Core Fixed Income Segment | 14.28 | |||
Loomis Sayles Inflation Protected Securities Fund | 5.06 | |||
Loomis Sayles Limited Term Government and Agency Fund | 5.01 | |||
Mirova Global Green Bond Fund | 6.53 | |||
Cash | 2.05 |
* | Differences between these amounts and those reported elsewhere in the financial statements are attributable to the inclusion of other assets and liabilities. |
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NATIXIS SUSTAINABLE FUTURE FUNDS®
NATIXIS SUSTAINABLE FUTURE 2030 FUND
Average Annual Total Returns — January 31, 20212
Expense Ratios3 | ||||||||||||||||
1 Year | Life of Fund | Gross | Net | |||||||||||||
Class N (Inception 2/28/17) | ||||||||||||||||
NAV | 15.88 | % | 11.35 | % | 3.99 | % | 0.57 | % | ||||||||
Comparative Performance | ||||||||||||||||
S&P Target Date 2030® Index1 | 12.11 | 9.21 |
Performance data shown represents past performance and is no guarantee of, and not necessarily indicative of, future results. Total return and value will vary, and you may have a gain or loss when shares are sold. Current performance may be lower or higher than quoted. For most recent month-end performance, visit im.natixis.com/performance. You may not invest directly in an index. Performance for periods less than one year is cumulative, not annualized. Returns reflect changes in share price and reinvestment of dividends and capital gains, if any. The table(s) do not reflect taxes shareholders might owe on any fund distributions or when they redeem their shares. See notes to tables on page 18.
NATIXIS SUSTAINABLE FUTURE 2035 FUND
Hypothetical Growth of $1,000,000 Investment in Class N Shares2
February 28, 2017 (inception) through January 31, 2021
See notes to chart on page 18.
9 |
Asset Allocation as of January 31, 2021*
% of Net Assets | ||||
Equity | 75.44 | % | ||
AIA International Developed Markets Equity ESG Segment | 6.87 | |||
AIA Large Cap Value ESG Segment | 6.40 | |||
AIA U.S. Small/Mid Cap ESG Segment | 10.18 | |||
Harris Associates Large Cap Value Segment | 12.14 | |||
Loomis Sayles All Cap Growth Segment | 12.23 | |||
Mirova Climate Ambition U.S. Equity Segment | 9.85 | |||
Mirova International Sustainable Equity Fund | 7.09 | |||
WCM Focused Emerging Markets Fund | 3.54 | |||
WCM Focused International Growth Fund | 7.14 | |||
Fixed Income | 22.52 | |||
Loomis Sayles Core Fixed Income Segment | 9.69 | |||
Loomis Sayles Inflation Protected Securities Fund | 4.28 | |||
Loomis Sayles Limited Term Government and Agency Fund | 3.74 | |||
Mirova Global Green Bond Fund | 4.81 | |||
Cash | 2.04 |
* | Differences between these amounts and those reported elsewhere in the financial statements are attributable to the inclusion of other assets and liabilities. |
Average Annual Total Returns — January 31, 20212
Expense Ratios3 | ||||||||||||||||
1 Year | Life of Fund | Gross | Net | |||||||||||||
Class N (Inception 2/28/17) | ||||||||||||||||
NAV | 16.62 | % | 12.10 | % | 3.55 | % | 0.58 | % | ||||||||
Comparative Performance | ||||||||||||||||
S&P Target Date 2035® Index1 | 13.35 | 9.89 |
Performance data shown represents past performance and is no guarantee of, and not necessarily indicative of, future results. Total return and value will vary, and you may have a gain or loss when shares are sold. Current performance may be lower or higher than quoted. For most recent month-end performance, visit im.natixis.com/performance. You may not invest directly in an index. Performance for periods less than one year is cumulative, not annualized. Returns reflect changes in share price and reinvestment of dividends and capital gains, if any. The table(s) do not reflect taxes shareholders might owe on any fund distributions or when they redeem their shares. See notes to tables on page 18.
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NATIXIS SUSTAINABLE FUTURE FUNDS®
NATIXIS SUSTAINABLE FUTURE 2040 FUND
Hypothetical Growth of $1,000,000 Investment in Class N Shares2
February 28, 2017 (inception) through January 31, 2021
See notes to chart on page 18.
Asset Allocation as of January 31, 2021*
% of Net Assets | ||||
Equity | 83.32 | % | ||
AIA International Developed Markets Equity ESG Segment | 7.36 | |||
AIA Large Cap Value ESG Segment | 6.91 | |||
AIA U.S. Small/Mid Cap ESG Segment | 10.69 | |||
Harris Associates Large Cap Value Segment | 13.74 | |||
Loomis Sayles All Cap Growth Segment | 13.78 | |||
Mirova Climate Ambition U.S. Equity Segment | 10.83 | |||
Mirova International Sustainable Equity Fund | 8.19 | |||
WCM Focused Emerging Markets Fund | 4.09 | |||
WCM Focused International Growth Fund | 7.73 | |||
Fixed Income | 14.72 | |||
Loomis Sayles Core Fixed Income Segment | 6.08 | |||
Loomis Sayles Inflation Protected Securities Fund | 2.70 | |||
Loomis Sayles Limited Term Government and Agency Fund | 2.16 | |||
Mirova Global Green Bond Fund | 3.78 | |||
Cash | 1.96 |
* | Differences between these amounts and those reported elsewhere in the financial statements are attributable to the inclusion of other assets and liabilities. |
11 |
Average Annual Total Returns — January 31, 20212
Expense Ratios3 | ||||||||||||||||
1 Year | Life of Fund | Gross | Net | |||||||||||||
Class N (Inception 2/28/17) | ||||||||||||||||
NAV | 18.04 | % | 12.67 | % | 4.06 | % | 0.59 | % | ||||||||
Comparative Performance | ||||||||||||||||
S&P Target Date 2040® Index1 | 14.23 | 10.36 |
Performance data shown represents past performance and is no guarantee of, and not necessarily indicative of, future results. Total return and value will vary, and you may have a gain or loss when shares are sold. Current performance may be lower or higher than quoted. For most recent month-end performance, visit im.natixis.com/performance. You may not invest directly in an index. Performance for periods less than one year is cumulative, not annualized. Returns reflect changes in share price and reinvestment of dividends and capital gains, if any. The table(s) do not reflect taxes shareholders might owe on any fund distributions or when they redeem their shares. See notes to tables on page 18.
NATIXIS SUSTAINABLE FUTURE 2045 FUND
Hypothetical Growth of $1,000,000 Investment in Class N Shares2
February 28, 2017 (inception) through January 31, 2021
See notes to chart on page 18.
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NATIXIS SUSTAINABLE FUTURE FUNDS®
NATIXIS SUSTAINABLE FUTURE 2045 FUND
Asset Allocation as of January 31, 2021*
% of Net Assets | ||||
Equity | 88.73 | % | ||
AIA International Developed Markets Equity ESG Segment | 8.45 | |||
AIA Large Cap Value ESG Segment | 7.49 | |||
AIA U.S. Small/Mid Cap ESG Segment | 10.94 | |||
Harris Associates Large Cap Value Segment | 14.34 | |||
Loomis Sayles All Cap Growth Segment | 14.46 | |||
Mirova Climate Ambition U.S. Equity Segment | 11.52 | |||
Mirova International Sustainable Equity Fund | 8.49 | |||
WCM Focused Emerging Markets Fund | 4.49 | |||
WCM Focused International Growth Fund | 8.55 | |||
Fixed Income | 9.36 | |||
Loomis Sayles Core Fixed Income Segment | 4.09 | |||
Loomis Sayles Inflation Protected Securities Fund | 2.11 | |||
Loomis Sayles Limited Term Government and Agency Fund | 1.58 | |||
Mirova Global Green Bond Fund | 1.58 | |||
Cash | 1.91 |
* | Differences between these amounts and those reported elsewhere in the financial statements are attributable to the inclusion of other assets and liabilities. |
Average Annual Total Returns — January 31, 20212
Expense Ratios3 | ||||||||||||||||
1 Year | Life of Fund | Gross | Net | |||||||||||||
Class N (Inception 2/28/17) | ||||||||||||||||
NAV | 18.30 | % | 13.06 | % | 4.72 | % | 0.59 | % | ||||||||
Comparative Performance | ||||||||||||||||
S&P Target Date 2045® Index1 | 14.68 | 10.61 |
Performance data shown represents past performance and is no guarantee of, and not necessarily indicative of, future results. Total return and value will vary, and you may have a gain or loss when shares are sold. Current performance may be lower or higher than quoted. For most recent month-end performance, visit im.natixis.com/performance. You may not invest directly in an index. Performance for periods less than one year is cumulative, not annualized. Returns reflect changes in share price and reinvestment of dividends and capital gains, if any. The table(s) do not reflect taxes shareholders might owe on any fund distributions or when they redeem their shares. See notes to tables on page 18.
13 |
NATIXIS SUSTAINABLE FUTURE 2050 FUND
Hypothetical Growth of $1,000,000 Investment in Class N Shares2
February 28, 2017 (inception) through January 31, 2021
See notes to chart on page 18.
Asset Allocation as of January 31, 2021*
% of Net Assets | ||||
Equity | 92.34 | % | ||
AIA International Developed Markets Equity ESG Segment | 8.92 | |||
AIA Large Cap Value ESG Segment | 7.95 | |||
AIA U.S. Small/Mid Cap ESG Segment | 11.37 | |||
Harris Associates Large Cap Value Segment | 14.32 | |||
Loomis Sayles All Cap Growth Segment | 14.41 | |||
Mirova Climate Ambition U.S. Equity Segment | 11.44 | |||
Mirova International Sustainable Equity Fund | 9.65 | |||
WCM Focused Emerging Markets Fund | 5.08 | |||
WCM Focused International Growth Fund | 9.20 | |||
Fixed Income | 5.65 | |||
Loomis Sayles Core Fixed Income Segment | 4.04 | |||
Loomis Sayles Inflation Protected Securities Fund | 0.00 | |||
Loomis Sayles Limited Term Government and Agency Fund | 0.00 | |||
Mirova Global Green Bond Fund | 1.61 | |||
Cash | 2.01 |
* | Differences between these amounts and those reported elsewhere in the financial statements are attributable to the inclusion of other assets and liabilities. |
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NATIXIS SUSTAINABLE FUTURE FUNDS®
NATIXIS SUSTAINABLE FUTURE 2050 FUND
Average Annual Total Returns — January 31, 20212
Expense Ratios3 | ||||||||||||||||
1 Year | Life of Fund | Gross | Net | |||||||||||||
Class N (Inception 2/28/17) | ||||||||||||||||
NAV | 19.05 | %4 | 13.26 | % | 4.84 | % | 0.60 | % | ||||||||
Comparative Performance | ||||||||||||||||
S&P Target Date 2050® Index1 | 15.00 | 10.78 |
Performance data shown represents past performance and is no guarantee of, and not necessarily indicative of, future results. Total return and value will vary, and you may have a gain or loss when shares are sold. Current performance may be lower or higher than quoted. For most recent month-end performance, visit im.natixis.com/performance. You may not invest directly in an index. Performance for periods less than one year is cumulative, not annualized. Returns reflect changes in share price and reinvestment of dividends and capital gains, if any. The table(s) do not reflect taxes shareholders might owe on any fund distributions or when they redeem their shares. See notes to tables on page 18.
NATIXIS SUSTAINABLE FUTURE 2055 FUND
Hypothetical Growth of $1,000,000 Investment in Class N Shares2
February 28, 2017 (inception) through January 31, 2021
See notes to chart on page 18.
15 |
Asset Allocation as of January 31, 2021*
% of Net Assets | ||||
Equity | 92.28 | % | ||
AIA International Developed Markets Equity ESG Segment | 8.88 | |||
AIA Large Cap Value ESG Segment | 7.99 | |||
AIA U.S. Small/Mid Cap ESG Segment | 11.33 | |||
Harris Associates Large Cap Value Segment | 14.37 | |||
Loomis Sayles All Cap Growth Segment | 14.35 | |||
Mirova Climate Ambition U.S. Equity Segment | 11.42 | |||
Mirova International Sustainable Equity Fund | 9.65 | |||
WCM Focused Emerging Markets Fund | 5.10 | |||
WCM Focused International Growth Fund | 9.19 | |||
Fixed Income | 5.68 | |||
Loomis Sayles Core Fixed Income Segment | 4.09 | |||
Loomis Sayles Inflation Protected Securities Fund | 0.00 | |||
Loomis Sayles Limited Term Government and Agency Fund | 0.00 | |||
Mirova Global Green Bond Fund | 1.59 | |||
Cash | 2.04 |
* | Differences between these amounts and those reported elsewhere in the financial statements are attributable to the inclusion of other assets and liabilities. |
Average Annual Total Returns — January 31, 20212
Expense Ratios3 | ||||||||||||||||
1 Year | Life of Fund | Gross | Net | |||||||||||||
Class N (Inception 2/28/17) | ||||||||||||||||
NAV | 18.07 | % | 13.14 | % | 5.22 | % | 0.60 | % | ||||||||
Comparative Performance | ||||||||||||||||
S&P Target Date 2055® Index1 | 15.02 | 10.84 |
Performance data shown represents past performance and is no guarantee of, and not necessarily indicative of, future results. Total return and value will vary, and you may have a gain or loss when shares are sold. Current performance may be lower or higher than quoted. For most recent month-end performance, visit im.natixis.com/performance. You may not invest directly in an index. Performance for periods less than one year is cumulative, not annualized. Returns reflect changes in share price and reinvestment of dividends and capital gains, if any. The table(s) do not reflect taxes shareholders might owe on any fund distributions or when they redeem their shares. See notes to tables on page 18.
| 16
NATIXIS SUSTAINABLE FUTURE FUNDS®
NATIXIS SUSTAINABLE FUTURE 2060 FUND
Hypothetical Growth of $1,000,000 Investment in Class N Shares2
February 28, 2017 (inception) through January 31, 2021
See notes to chart on page 18.
Asset Allocation as of January 31, 2021*
% of Net Assets | ||||
Equity | 92.45 | % | ||
AIA International Developed Markets Equity ESG Segment | 8.90 | |||
AIA Large Cap Value ESG Segment | 8.00 | |||
AIA U.S. Small/Mid Cap ESG Segment | 11.28 | |||
Harris Associates Large Cap Value Segment | 14.49 | |||
Loomis Sayles All Cap Growth Segment | 14.40 | |||
Mirova Climate Ambition U.S. Equity Segment | 11.43 | |||
Mirova International Sustainable Equity Fund | 9.67 | |||
WCM Focused Emerging Markets Fund | 5.11 | |||
WCM Focused International Growth Fund | 9.17 | |||
Fixed Income | 5.55 | |||
Loomis Sayles Core Fixed Income Segment | 3.99 | |||
Loomis Sayles Inflation Protected Securities Fund | 0.00 | |||
Loomis Sayles Limited Term Government and Agency Fund | 0.00 | |||
Mirova Global Green Bond Fund | 1.56 | |||
Cash | 2.00 |
* | Differences between these amounts and those reported elsewhere in the financial statements are attributable to the inclusion of other assets and liabilities. |
17 |
Average Annual Total Returns—January 31, 20212
Expense Ratios3 | ||||||||||||||||
1 Year | Life of Fund | Gross | Net | |||||||||||||
Class N (Inception 2/28/17) | ||||||||||||||||
NAV | 19.09 | % | 13.41 | % | 5.62 | % | 0.60 | % | ||||||||
Comparative Performance | ||||||||||||||||
S&P Target Date 2060+ Index1 | 15.15 | 11.03 |
Performance data shown represents past performance and is no guarantee of, and not necessarily indicative of, future results. Total return and value will vary, and you may have a gain or loss when shares are sold. Current performance may be lower or higher than quoted. For most recent month-end performance, visit im.natixis.com/performance. You may not invest directly in an index. Performance for periods less than one year is cumulative, not annualized. Returns reflect changes in share price and reinvestment of dividends and capital gains, if any. The table(s) do not reflect taxes shareholders might owe on any fund distributions or when they redeem their shares.
1 | The S&P Target Date® Index Series consists of multi-asset class indices, each corresponding to a specific target retirement date. The asset allocation for each index is determined through an annual survey of target date fund groups with a minimum asset threshold of $100 million. The various asset class exposures of the Indices may include equities, fixed income, REITs, and commodities depending on the allocations reported in the survey. Index returns are calculated daily. |
2 | Fund performance has been increased by fee waivers and/or expense reimbursements, if any, without which performance would have been lower. |
3 | Expense ratios are as shown in the Fund’s prospectus in effect as of the date of this report and include the expenses of the underlying funds in which the Fund invests. The expense ratios for the current reporting period can be found in the Financial Highlights section of this report under Ratios to Average Net Assets. Net expenses reflect contractual expense limitations set to expire on 5/31/22. When a Fund’s expenses are below the limitation, gross and net expense ratios will be the same. See Note 5 of the Notes to Financial Statements for more information about the Fund’s expense limitations. |
4 | Generally accepted accounting principles require adjustments to be made to the net assets of the Fund for financial reporting purposes only, and as such, the total returns reflected above are different from the total returns reported in the financial highlights. The returns presented in the table above are what an investor would have actually experienced. |
| 18
ADDITIONAL INFORMATION
The views expressed in this report reflect those of the portfolio managers as of the dates indicated. The managers’ views are subject to change at any time without notice based on changes in market or other conditions. References to specific securities or industries should not be regarded as investment advice. Because the Funds are actively managed, there is no assurance that they will continue to invest in the securities or industries mentioned.
All investing involves risk, including the risk of loss. There is no assurance that any investment will meet its performance objectives or that losses will be avoided.
ADDITIONAL INDEX INFORMATION
This document may contain references to third party copyrights, indexes, and trademarks, each of which is the property of its respective owner. Such owner is not affiliated with Natixis Investment Managers or any of its related or affiliated companies (collectively “Natixis Affiliates”) and does not sponsor, endorse or participate in the provision of any Natixis Affiliates services, funds or other financial products.
The index information contained herein is derived from third parties and is provided on an “as is” basis. The user of this information assumes the entire risk of use of this information. Each of the third party entities involved in compiling, computing or creating index information disclaims all warranties (including, without limitation, any warranties of originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose) with respect to such information.
PROXY VOTING INFORMATION
A description of the Natixis Funds’ proxy voting policies and procedures is available without charge, upon request, by calling Natixis Funds at 800-225-5478; on the Natixis Funds’ website at im.natixis.com; and on the Securities and Exchange Commission’s (SEC) website at www.sec.gov. Information regarding how the Natixis Funds voted proxies relating to portfolio securities during the most recent 12-month period ended June 30 is available on the Natixis Funds’ website and the SEC’s website.
QUARTERLY PORTFOLIO SCHEDULES
The Natixis Funds file a complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. The Funds’ Form N-PORT reports are available on the SEC’s website at www.sec.gov. First and third quarter schedules of portfolio holdings are also available at im.natixis.com/funddocuments. A hard copy may be requested from the Fund at no charge by calling 800-225-5478.
19 |
UNDERSTANDING FUND EXPENSES
As a mutual fund shareholder, you incur different costs: transaction costs, including sales charges (loads) on purchases and contingent deferred sales charges on redemptions, and ongoing costs, including management fees, distribution and/or service fees (12b-1 fees), and other fund expenses. Certain exemptions may apply. These costs are described in more detail in the Fund’s prospectus. The following examples are intended to help you understand the ongoing costs of investing in the Fund and help you compare these with the ongoing costs of investing in other mutual funds.
The first line in the table of each class of Fund shares shows the actual account values and actual Fund expenses you would have paid on a $1,000 investment in the Fund from August 1, 2020 through January 31, 2021. To estimate the expenses you paid over the period, simply divide your account value by $1,000 (for example, $8,600 account value divided by $1,000 = 8.60) and multiply the result by the number in the Expenses Paid During Period column as shown below for your class.
The second line in the table of each class of Fund shares provides information about hypothetical account values and hypothetical expenses based on the Fund’s actual expense ratios and an assumed rate of return of 5% per year before expenses, which is not the Fund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid on your investment for the period. You may use this information to compare the ongoing costs of investing in the Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.
Please note that the expenses shown reflect ongoing costs only, and do not include any transaction costs, such as sales charges. Therefore, the second line in the table is useful in comparing ongoing costs only, and will not help you determine the relative costs of owning different funds. If transaction costs were included, total costs would be higher.
NATIXIS SUSTAINABLE FUTURE 2015 FUND | BEGINNING ACCOUNT VALUE 8/1/2020 | ENDING ACCOUNT VALUE 1/31/2021 | EXPENSES PAID DURING PERIOD* 8/1/2020 – 1/31/2021 | |||||||||
Class N | ||||||||||||
Actual | $1,000.00 | $1,083.80 | $1.68 | |||||||||
Hypothetical (5% return before expenses) | $1,000.00 | $1,023.53 | $1.63 |
* | Expenses are equal to the Fund’s annualized expense ratio (after waiver/reimbursement) of 0.32%, multiplied by the average account value over the period, multiplied by the number of days in the most recent fiscal half-year (184), divided by 366 (to reflect the half-year period). Expense ratios do not include the expenses of the underlying funds in which the Fund invests. The annualized expense ratios, as stated in the fee table of the Prospectus, may differ from the expense ratios disclosed in this report. |
NATIXIS SUSTAINABLE FUTURE 2020 FUND | BEGINNING ACCOUNT VALUE 8/1/2020 | ENDING ACCOUNT VALUE 1/31/2021 | EXPENSES PAID DURING PERIOD* 8/1/2020 – 1/31/2021 | |||||||||
Class N | ||||||||||||
Actual | $1,000.00 | $1,100.50 | $1.69 | |||||||||
Hypothetical (5% return before expenses) | $1,000.00 | $1,023.53 | $1.63 |
* | Expenses are equal to the Fund’s annualized expense ratio (after waiver/reimbursement) of 0.32%, multiplied by the average account value over the period, multiplied by the number of days in the most recent fiscal half-year (184), divided by 366 (to reflect the half-year period). Expense ratios do not include the expenses of the underlying funds in which the Fund invests. The annualized expense ratios, as stated in the fee table of the Prospectus, may differ from the expense ratios disclosed in this report. |
NATIXIS SUSTAINABLE FUTURE 2025 FUND | BEGINNING ACCOUNT VALUE 8/1/2020 | ENDING ACCOUNT VALUE 1/31/2021 | EXPENSES PAID DURING PERIOD* 8/1/2020 – 1/31/2021 | |||||||||
Class N | ||||||||||||
Actual | $1,000.00 | $1,108.00 | $1.75 | |||||||||
Hypothetical (5% return before expenses) | $1,000.00 | $1,023.48 | $1.68 |
* | Expenses are equal to the Fund’s annualized expense ratio (after waiver/reimbursement) of 0.33%, multiplied by the average account value over the period, multiplied by the number of days in the most recent fiscal half-year (184), divided by 366 (to reflect the half-year period). Expense ratios do not include the expenses of the underlying funds in which the Fund invests. The annualized expense ratios, as stated in the fee table of the Prospectus, may differ from the expense ratios disclosed in this report. |
| 20
NATIXIS SUSTAINABLE FUTURE 2030 FUND | BEGINNING ACCOUNT VALUE 8/1/2020 | ENDING ACCOUNT VALUE 1/31/2021 | EXPENSES PAID DURING PERIOD* 8/1/2020 – 1/31/2021 | |||||||||
Class N | ||||||||||||
Actual | $1,000.00 | $1,128.60 | $1.82 | |||||||||
Hypothetical (5% return before expenses) | $1,000.00 | $1,023.43 | $1.73 |
* | Expenses are equal to the Fund’s annualized expense ratio (after waiver/reimbursement) of 0.34%, multiplied by the average account value over the period, multiplied by the number of days in the most recent fiscal half-year (184), divided by 366 (to reflect the half-year period). Expense ratios do not include the expenses of the underlying funds in which the Fund invests. The annualized expense ratios, as stated in the fee table of the Prospectus, may differ from the expense ratios disclosed in this report. |
NATIXIS SUSTAINABLE FUTURE 2035 FUND | BEGINNING | ENDING | EXPENSES PAID | |||||||||
Class N | ||||||||||||
Actual | $1,000.00 | $1,147.60 | $1.94 | |||||||||
Hypothetical (5% return before expenses) | $1,000.00 | $1,023.33 | $1.83 |
* | Expenses are equal to the Fund’s annualized expense ratio (after waiver/reimbursement) of 0.36%, multiplied by the average account value over the period, multiplied by the number of days in the most recent fiscal half-year (184), divided by 366 (to reflect the half-year period). Expense ratios do not include the expenses of the underlying funds in which the Fund invests. The annualized expense ratios, as stated in the fee table of the Prospectus, may differ from the expense ratios disclosed in this report. |
NATIXIS SUSTAINABLE FUTURE 2040 FUND | BEGINNING ACCOUNT VALUE 8/1/2020 | ENDING ACCOUNT VALUE 1/31/2021 | EXPENSES PAID DURING PERIOD* 8/1/2020 – 1/31/2021 | |||||||||
Class N | ||||||||||||
Actual | $1,000.00 | $1,157.90 | $1.90 | |||||||||
Hypothetical (5% return before expenses) | $1,000.00 | $1,023.38 | $1.78 |
* | Expenses are equal to the Fund’s annualized expense ratio (after waiver/reimbursement) of 0.35%, multiplied by the average account value over the period, multiplied by the number of days in the most recent fiscal half-year (184), divided by 366 (to reflect the half-year period). Expense ratios do not include the expenses of the underlying funds in which the Fund invests. The annualized expense ratios, as stated in the fee table of the Prospectus, may differ from the expense ratios disclosed in this report. |
NATIXIS SUSTAINABLE FUTURE 2045 FUND | BEGINNING ACCOUNT VALUE 8/1/2020 | ENDING ACCOUNT VALUE 1/31/2021 | EXPENSES PAID DURING PERIOD* 8/1/2020 – 1/31/2021 | |||||||||
Class N | ||||||||||||
Actual | $1,000.00 | $1,166.40 | $2.01 | |||||||||
Hypothetical (5% return before expenses) | $1,000.00 | $1,023.28 | $1.88 |
* | Expenses are equal to the Fund’s annualized expense ratio (after waiver/reimbursement) of 0.37%, multiplied by the average account value over the period, multiplied by the number of days in the most recent fiscal half-year (184), divided by 366 (to reflect the half-year period). Expense ratios do not include the expenses of the underlying funds in which the Fund invests. The annualized expense ratios, as stated in the fee table of the Prospectus, may differ from the expense ratios disclosed in this report. |
NATIXIS SUSTAINABLE FUTURE 2050 FUND | BEGINNING ACCOUNT VALUE 8/1/2020 | ENDING ACCOUNT VALUE 1/31/2021 | EXPENSES PAID DURING PERIOD* 8/1/2020 – 1/31/2021 | |||||||||
Class N | ||||||||||||
Actual | $1,000.00 | $1,172.00 | $2.02 | |||||||||
Hypothetical (5% return before expenses) | $1,000.00 | $1,023.28 | $1.88 |
* | Expenses are equal to the Fund’s annualized expense ratio (after waiver/reimbursement) of 0.37%, multiplied by the average account value over the period, multiplied by the number of days in the most recent fiscal half-year (184), divided by 366 (to reflect the half-year period). Expense ratios do not include the expenses of the underlying funds in which the Fund invests. The annualized expense ratios, as stated in the fee table of the Prospectus, may differ from the expense ratios disclosed in this report. |
21 |
NATIXIS SUSTAINABLE FUTURE 2055 FUND | BEGINNING ACCOUNT VALUE 8/1/2020 | ENDING ACCOUNT VALUE 1/31/2021 | EXPENSES PAID DURING PERIOD* 8/1/2020 – 1/31/2021 | |||||||||
Class N | ||||||||||||
Actual | $1,000.00 | $1,169.60 | $2.07 | |||||||||
Hypothetical (5% return before expenses) | $1,000.00 | $1,023.23 | $1.93 |
* | Expenses are equal to the Fund’s annualized expense ratio (after waiver/reimbursement) of 0.38%, multiplied by the average account value over the period, multiplied by the number of days in the most recent fiscal half-year (184), divided by 366 (to reflect the half-year period). Expense ratios do not include the expenses of the underlying funds in which the Fund invests. The annualized expense ratios, as stated in the fee table of the Prospectus, may differ from the expense ratios disclosed in this report. |
NATIXIS SUSTAINABLE FUTURE 2060 FUND | BEGINNING ACCOUNT VALUE 8/1/2020 | ENDING ACCOUNT VALUE 1/31/2021 | EXPENSES PAID DURING PERIOD* 8/1/2020 – 1/31/2021 | |||||||||
Class N | ||||||||||||
Actual | $1,000.00 | $1,178.90 | $2.03 | |||||||||
Hypothetical (5% return before expenses) | $1,000.00 | $1,023.28 | $1.88 |
* | Expenses are equal to the Fund’s annualized expense ratio (after waiver/reimbursement) of 0.37%, multiplied by the average account value over the period, multiplied by the number of days in the most recent fiscal half-year (184), divided by 366 (to reflect the half-year period). Expense ratios do not include the expenses of the underlying funds in which the Fund invests. The annualized expense ratios, as stated in the fee table of the Prospectus, may differ from the expense ratios disclosed in this report. |
| 22
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2015 Fund
Shares | Description | Value (†) | ||||||
Common Stocks — 29.9% of Net Assets | ||||||||
Aerospace & Defense — 0.5% |
| |||||||
10 | Axon Enterprise, Inc.(a) | $ | 1,642 | |||||
58 | Boeing Co. (The) | 11,263 | ||||||
24 | General Dynamics Corp. | 3,520 | ||||||
2 | L3Harris Technologies, Inc. | 343 | ||||||
14 | Moog, Inc., Class A | 1,034 | ||||||
27 | Raytheon Technologies Corp. | 1,802 | ||||||
|
| |||||||
19,604 | ||||||||
|
| |||||||
Air Freight & Logistics — 0.3% |
| |||||||
93 | Expeditors International of Washington, Inc. | 8,325 | ||||||
15 | United Parcel Service, Inc., Class B | 2,325 | ||||||
|
| |||||||
10,650 | ||||||||
|
| |||||||
Airlines — 0.1% |
| |||||||
5 | Alaska Air Group, Inc. | 244 | ||||||
20 | Delta Air Lines, Inc. | 759 | ||||||
136 | JetBlue Airways Corp.(a) | 1,951 | ||||||
|
| |||||||
2,954 | ||||||||
|
| |||||||
Auto Components — 0.2% |
| |||||||
51 | Aptiv PLC | 6,814 | ||||||
6 | BorgWarner, Inc. | 252 | ||||||
92 | Dana, Inc. | 1,781 | ||||||
13 | Visteon Corp.(a) | 1,657 | ||||||
|
| |||||||
10,504 | ||||||||
|
| |||||||
Automobiles — 0.3% |
| |||||||
187 | General Motors Co. | 9,477 | ||||||
13 | Thor Industries, Inc. | 1,573 | ||||||
|
| |||||||
11,050 | ||||||||
|
| |||||||
Banks — 1.4% |
| |||||||
38 | Ameris Bancorp | 1,486 | ||||||
68 | BancorpSouth Bank | 1,880 | ||||||
321 | Bank of America Corp. | 9,518 | ||||||
158 | Citigroup, Inc. | 9,162 | ||||||
50 | Citizens Financial Group, Inc. | 1,822 | ||||||
48 | Columbia Banking System, Inc. | 1,849 | ||||||
7 | Comerica, Inc. | 400 | ||||||
30 | Cullen/Frost Bankers, Inc. | 2,767 | ||||||
20 | Fifth Third Bancorp | 579 | ||||||
120 | Fulton Financial Corp. | 1,608 | ||||||
32 | Huntington Bancshares, Inc. | 423 | ||||||
60 | International Bancshares Corp. | 2,269 | ||||||
81 | KeyCorp | 1,366 | ||||||
14 | M&T Bank Corp. | 1,854 | ||||||
81 | People’s United Financial, Inc. | 1,106 | ||||||
29 | PNC Financial Services Group, Inc. (The) | 4,162 | ||||||
95 | Regions Financial Corp. | 1,616 | ||||||
51 | TCF Financial Corp. | 1,982 | ||||||
93 | Truist Financial Corp. | 4,462 | ||||||
87 | Trustmark Corp. | 2,390 | ||||||
42 | U.S. Bancorp | 1,800 | ||||||
160 | Wells Fargo & Co. | 4,781 | ||||||
25 | Wintrust Financial Corp. | 1,505 | ||||||
|
| |||||||
60,787 | ||||||||
|
| |||||||
Beverages — 0.7% |
| |||||||
73 | Coca-Cola Co. (The) | 3,515 | ||||||
36 | Constellation Brands, Inc., Class A | 7,593 | ||||||
137 | Keurig Dr Pepper, Inc. | 4,357 | ||||||
145 | Monster Beverage Corp.(a) | 12,590 | ||||||
26 | PepsiCo, Inc. | 3,551 | ||||||
|
| |||||||
31,606 | ||||||||
|
| |||||||
Biotechnology — 0.7% |
| |||||||
21 | AbbVie, Inc. | $ | 2,152 | |||||
18 | Amgen, Inc. | 4,346 | ||||||
5 | Biogen, Inc.(a) | 1,413 | ||||||
37 | BioMarin Pharmaceutical, Inc.(a) | 3,063 | ||||||
52 | Gilead Sciences, Inc. | 3,411 | ||||||
8 | Ligand Pharmaceuticals, Inc.(a) | 1,483 | ||||||
23 | Regeneron Pharmaceuticals, Inc.(a) | 11,588 | ||||||
|
| |||||||
27,456 | ||||||||
|
| |||||||
Building Products — 0.2% |
| |||||||
12 | Carrier Global Corp. | 462 | ||||||
11 | Johnson Controls International PLC | 548 | ||||||
9 | Lennox International, Inc. | 2,480 | ||||||
27 | Owens Corning | 2,095 | ||||||
17 | Trex Co., Inc.(a) | 1,560 | ||||||
|
| |||||||
7,145 | ||||||||
|
| |||||||
Capital Markets — 1.8% |
| |||||||
4 | Ameriprise Financial, Inc. | 792 | ||||||
259 | Bank of New York Mellon Corp. (The) | 10,316 | ||||||
4 | BlackRock, Inc. | 2,805 | ||||||
190 | Charles Schwab Corp. (The) | 9,793 | ||||||
6 | CME Group, Inc. | 1,091 | ||||||
21 | FactSet Research Systems, Inc. | 6,349 | ||||||
29 | Franklin Resources, Inc. | 762 | ||||||
25 | Goldman Sachs Group, Inc. (The) | 6,779 | ||||||
12 | Intercontinental Exchange, Inc. | 1,324 | ||||||
13 | Invesco Ltd. | 268 | ||||||
45 | Janus Henderson Group PLC | 1,384 | ||||||
57 | KKR & Co., Inc. | 2,220 | ||||||
12 | Moody’s Corp. | 3,195 | ||||||
4 | Morgan Stanley | 268 | ||||||
12 | MSCI, Inc. | 4,744 | ||||||
46 | Northern Trust Corp. | 4,103 | ||||||
16 | S&P Global, Inc. | 5,072 | ||||||
78 | SEI Investments Co. | 4,122 | ||||||
171 | State Street Corp. | 11,970 | ||||||
2 | T. Rowe Price Group, Inc. | 313 | ||||||
|
| |||||||
77,670 | ||||||||
|
| |||||||
Chemicals — 0.3% |
| |||||||
3 | Air Products & Chemicals, Inc. | 800 | ||||||
12 | DuPont de Nemours, Inc. | 953 | ||||||
3 | Ecolab, Inc. | 614 | ||||||
26 | HB Fuller Co. | 1,323 | ||||||
18 | Innospec, Inc. | 1,580 | ||||||
19 | Linde PLC | 4,663 | ||||||
22 | Minerals Technologies, Inc. | 1,356 | ||||||
3 | PPG Industries, Inc. | 404 | ||||||
1 | Sherwin-Williams Co. (The) | 692 | ||||||
13 | Stepan Co. | 1,465 | ||||||
|
| |||||||
13,850 | ||||||||
|
| |||||||
Commercial Services & Supplies — 0.1% |
| |||||||
25 | Healthcare Services Group, Inc. | 811 | ||||||
12 | MSA Safety, Inc. | 1,873 | ||||||
3 | Republic Services, Inc. | 272 | ||||||
18 | Tetra Tech, Inc. | 2,188 | ||||||
6 | Waste Management, Inc. | 668 | ||||||
|
| |||||||
5,812 | ||||||||
|
| |||||||
Communications Equipment — 0.3% |
| |||||||
13 | Arista Networks, Inc.(a) | 3,998 | ||||||
29 | Ciena Corp.(a) | 1,548 | ||||||
157 | Cisco Systems, Inc. | 6,999 | ||||||
3 | F5 Networks, Inc.(a) | 588 | ||||||
16 | Lumentum Holdings, Inc.(a) | 1,501 | ||||||
|
| |||||||
14,634 | ||||||||
|
|
See accompanying notes to financial statements.
23 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2015 Fund – (continued)
Shares | Description | Value (†) | ||||||
Construction & Engineering — 0.1% |
| |||||||
56 | AECOM(a) | $ | 2,806 | |||||
69 | Fluor Corp. | 1,193 | ||||||
|
| |||||||
3,999 | ||||||||
|
| |||||||
Consumer Finance — 0.8% |
| |||||||
309 | Ally Financial, Inc. | 11,692 | ||||||
64 | American Express Co. | 7,441 | ||||||
107 | Capital One Financial Corp. | 11,156 | ||||||
15 | Green Dot Corp., Class A(a) | 753 | ||||||
16 | PROG Holdings, Inc. | 755 | ||||||
|
| |||||||
31,797 | ||||||||
|
| |||||||
Containers & Packaging — 0.1% |
| |||||||
22 | Ball Corp. | 1,937 | ||||||
20 | International Paper Co. | 1,006 | ||||||
88 | O-I Glass, Inc. | 1,112 | ||||||
|
| |||||||
4,055 | ||||||||
|
| |||||||
Distributors — 0.0% |
| |||||||
13 | Genuine Parts Co. | 1,220 | ||||||
|
| |||||||
Diversified Telecommunication Services — 0.2% |
| |||||||
71 | AT&T, Inc. | 2,033 | ||||||
380 | Lumen Technologies, Inc. | 4,704 | ||||||
|
| |||||||
6,737 | ||||||||
|
| |||||||
Electric Utilities — 0.4% |
| |||||||
45 | American Electric Power Co., Inc. | 3,641 | ||||||
70 | Edison International | 4,071 | ||||||
11 | Eversource Energy | 963 | ||||||
17 | IDACORP, Inc. | 1,501 | ||||||
66 | NextEra Energy, Inc. | 5,338 | ||||||
17 | PPL Corp. | 470 | ||||||
|
| |||||||
15,984 | ||||||||
|
| |||||||
Electrical Equipment — 0.4% |
| |||||||
7 | Acuity Brands, Inc. | 842 | ||||||
128 | Ballard Power Systems, Inc.(a) | 4,374 | ||||||
15 | Eaton Corp. PLC | 1,765 | ||||||
10 | Generac Holdings, Inc.(a) | 2,464 | ||||||
11 | Hubbell, Inc. | 1,712 | ||||||
11 | Rockwell Automation, Inc. | 2,734 | ||||||
20 | Sunrun, Inc.(a) | 1,385 | ||||||
|
| |||||||
15,276 | ||||||||
|
| |||||||
Electronic Equipment, Instruments & Components — 0.5% |
| |||||||
4 | Amphenol Corp., Class A | 499 | ||||||
31 | Avnet, Inc. | 1,095 | ||||||
32 | Cognex Corp. | 2,628 | ||||||
8 | Coherent, Inc.(a) | 1,607 | ||||||
15 | Corning, Inc. | 538 | ||||||
48 | Itron, Inc.(a) | 4,129 | ||||||
6 | Littelfuse, Inc. | 1,460 | ||||||
6 | Rogers Corp.(a) | 936 | ||||||
47 | TE Connectivity Ltd. | 5,659 | ||||||
38 | Trimble, Inc.(a) | 2,505 | ||||||
57 | Vishay Intertechnology, Inc. | 1,228 | ||||||
|
| |||||||
22,284 | ||||||||
|
| |||||||
Energy Equipment & Services — 0.2% |
| |||||||
241 | Archrock, Inc. | 2,138 | ||||||
47 | Baker Hughes Co. | 944 | ||||||
35 | NOV, Inc. | 433 | ||||||
216 | Schlumberger NV | 4,797 | ||||||
37 | TechnipFMC PLC | 396 | ||||||
|
| |||||||
8,708 | ||||||||
|
| |||||||
Entertainment — 0.6% |
| |||||||
14 | Activision Blizzard, Inc. | $ | 1,274 | |||||
29 | Cinemark Holdings, Inc. | 587 | ||||||
24 | Electronic Arts, Inc. | 3,437 | ||||||
12 | Netflix, Inc.(a) | 6,388 | ||||||
93 | Walt Disney Co. (The)(a) | 15,640 | ||||||
|
| |||||||
27,326 | ||||||||
|
| |||||||
Food & Staples Retailing — 0.1% |
| |||||||
24 | BJ’s Wholesale Club Holdings, Inc.(a) | 1,010 | ||||||
31 | Kroger Co. (The) | 1,069 | ||||||
76 | SpartanNash Co. | 1,408 | ||||||
12 | Sysco Corp. | 858 | ||||||
26 | Walgreens Boots Alliance, Inc. | 1,306 | ||||||
|
| |||||||
5,651 | ||||||||
|
| |||||||
Food Products — 0.2% |
| |||||||
25 | Campbell Soup Co. | 1,203 | ||||||
8 | Conagra Brands, Inc. | 277 | ||||||
30 | Darling Ingredients, Inc.(a) | 1,860 | ||||||
18 | General Mills, Inc. | 1,046 | ||||||
32 | Hain Celestial Group, Inc. (The)(a) | 1,331 | ||||||
25 | Hormel Foods Corp. | 1,172 | ||||||
17 | Ingredion, Inc. | 1,283 | ||||||
6 | J.M. Smucker Co. (The) | 698 | ||||||
11 | Kellogg Co. | 648 | ||||||
4 | McCormick & Co., Inc. | 358 | ||||||
|
| |||||||
9,876 | ||||||||
|
| |||||||
Gas Utilities — 0.1% |
| |||||||
36 | New Jersey Resources Corp. | 1,260 | ||||||
20 | ONE Gas, Inc. | 1,463 | ||||||
37 | South Jersey Industries, Inc. | 855 | ||||||
43 | UGI Corp. | 1,547 | ||||||
|
| |||||||
5,125 | ||||||||
|
| |||||||
Health Care Equipment & Supplies — 0.6% |
| |||||||
18 | Abbott Laboratories | 2,225 | ||||||
3 | Baxter International, Inc. | 230 | ||||||
2 | Becton Dickinson & Co. | 524 | ||||||
17 | Boston Scientific Corp.(a) | 602 | ||||||
3 | Cooper Cos., Inc. (The) | 1,092 | ||||||
6 | Danaher Corp. | 1,427 | ||||||
6 | DENTSPLY SIRONA, Inc. | 321 | ||||||
18 | Edwards Lifesciences Corp.(a) | 1,486 | ||||||
17 | Globus Medical, Inc., Class A(a) | 1,049 | ||||||
9 | Haemonetics Corp.(a) | 1,029 | ||||||
17 | Hill-Rom Holdings, Inc. | 1,633 | ||||||
11 | Hologic, Inc.(a) | 877 | ||||||
4 | Intuitive Surgical, Inc.(a) | 2,990 | ||||||
14 | Medtronic PLC | 1,559 | ||||||
47 | Meridian Bioscience, Inc.(a) | 1,039 | ||||||
15 | Merit Medical Systems, Inc.(a) | 812 | ||||||
9 | Penumbra, Inc.(a) | 2,350 | ||||||
5 | Quidel Corp.(a) | 1,255 | ||||||
2 | STERIS PLC | 374 | ||||||
4 | Stryker Corp. | 884 | ||||||
2 | Varian Medical Systems, Inc.(a) | 351 | ||||||
|
| |||||||
24,109 | ||||||||
|
| |||||||
Health Care Providers & Services — 1.1% |
| |||||||
6 | Amedisys, Inc.(a) | 1,724 | ||||||
8 | Anthem, Inc. | 2,376 | ||||||
15 | BioTelemetry, Inc.(a) | 1,072 | ||||||
48 | Centene Corp.(a) | 2,894 | ||||||
4 | Chemed Corp. | 2,072 | ||||||
11 | Cigna Corp. | 2,388 |
See accompanying notes to financial statements.
| 24
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2015 Fund – (continued)
Shares | Description | Value (†) | ||||||
Health Care Providers & Services — continued | ||||||||
71 | CVS Health Corp. | $ | 5,087 | |||||
16 | Encompass Health Corp. | 1,286 | ||||||
56 | HCA Healthcare, Inc. | 9,099 | ||||||
12 | Henry Schein, Inc.(a) | 790 | ||||||
19 | Humana, Inc. | 7,279 | ||||||
8 | Laboratory Corp. of America Holdings(a) | 1,831 | ||||||
66 | MEDNAX, Inc.(a) | 1,800 | ||||||
29 | Patterson Cos., Inc. | 919 | ||||||
13 | Quest Diagnostics, Inc. | 1,679 | ||||||
9 | UnitedHealth Group, Inc. | 3,002 | ||||||
|
| |||||||
45,298 | ||||||||
|
| |||||||
Health Care Technology — 0.2% |
| |||||||
74 | Allscripts Healthcare Solutions, Inc.(a) | 1,221 | ||||||
75 | Cerner Corp. | 6,008 | ||||||
31 | HMS Holdings Corp.(a) | 1,142 | ||||||
|
| |||||||
8,371 | ||||||||
|
| |||||||
Hotels, Restaurants & Leisure — 0.8% |
| |||||||
1 | Chipotle Mexican Grill, Inc.(a) | 1,480 | ||||||
16 | Dine Brands Global, Inc. | 1,100 | ||||||
59 | Hilton Worldwide Holdings, Inc. | 5,982 | ||||||
20 | Jack in the Box, Inc. | 1,883 | ||||||
199 | MGM Resorts International | 5,684 | ||||||
7 | Royal Caribbean Cruises Ltd. | 455 | ||||||
22 | Shake Shack, Inc., Class A(a) | 2,495 | ||||||
73 | Starbucks Corp. | 7,067 | ||||||
68 | Wendy’s Co. (The) | 1,387 | ||||||
80 | Yum China Holdings, Inc. | 4,537 | ||||||
26 | Yum! Brands, Inc. | 2,639 | ||||||
|
| |||||||
34,709 | ||||||||
|
| |||||||
Household Durables — 0.2% |
| |||||||
50 | KB Home | 2,082 | ||||||
38 | Meritage Homes Corp.(a) | 3,050 | ||||||
5 | Mohawk Industries, Inc.(a) | 718 | ||||||
68 | Taylor Morrison Home Corp.(a) | 1,767 | ||||||
|
| |||||||
7,617 | ||||||||
|
| |||||||
Household Products — 0.3% |
| |||||||
2 | Clorox Co. (The) | 419 | ||||||
73 | Colgate-Palmolive Co. | 5,694 | ||||||
43 | Kimberly-Clark Corp. | 5,680 | ||||||
|
| |||||||
11,793 | ||||||||
|
| |||||||
Independent Power & Renewable Electricity Producers — 0.3% |
| |||||||
34 | AES Corp. (The) | 829 | ||||||
40 | Boralex, Inc., Class A | 1,566 | ||||||
57 | NextEra Energy Partners LP | 4,646 | ||||||
24 | Ormat Technologies, Inc. | 2,740 | ||||||
46 | Sunnova Energy International, Inc.(a) | 2,017 | ||||||
|
| |||||||
11,798 | ||||||||
|
| |||||||
Industrial Conglomerates — 0.2% |
| |||||||
9 | Carlisle Cos., Inc. | 1,305 | ||||||
596 | General Electric Co. | 6,365 | ||||||
3 | Honeywell International, Inc. | 586 | ||||||
|
| |||||||
8,256 | ||||||||
|
| |||||||
Insurance — 0.8% |
| |||||||
11 | Aflac, Inc. | 497 | ||||||
13 | Allstate Corp. (The) | 1,393 | ||||||
177 | American International Group, Inc. | 6,627 | ||||||
24 | Chubb Ltd. | 3,496 | ||||||
31 | First American Financial Corp. | 1,621 | ||||||
10 | Hanover Insurance Group, Inc. (The) | 1,125 | ||||||
45 | Hartford Financial Services Group, Inc. (The) | 2,161 | ||||||
Insurance — continued | ||||||||
5 | Lincoln National Corp. | $ | 227 | |||||
16 | Marsh & McLennan Cos., Inc. | 1,759 | ||||||
98 | MetLife, Inc. | 4,719 | ||||||
23 | Prudential Financial, Inc. | 1,800 | ||||||
80 | Reinsurance Group of America, Inc. | 8,404 | ||||||
11 | Travelers Cos., Inc. (The) | 1,499 | ||||||
|
| |||||||
35,328 | ||||||||
|
| |||||||
Interactive Media & Services — 1.4% |
| |||||||
9 | Alphabet, Inc., Class A(a) | 16,446 | ||||||
11 | Alphabet, Inc., Class C(a) | 20,193 | ||||||
94 | Facebook, Inc., Class A(a) | 24,283 | ||||||
|
| |||||||
60,922 | ||||||||
|
| |||||||
Internet & Direct Marketing Retail — 1.4% |
| |||||||
60 | Alibaba Group Holding Ltd., Sponsored ADR(a) | 15,230 | ||||||
6 | Amazon.com, Inc.(a) | 19,237 | ||||||
5 | Booking Holdings, Inc.(a) | 9,722 | ||||||
173 | eBay, Inc. | 9,776 | ||||||
3 | Etsy, Inc.(a) | 597 | ||||||
3 | Expedia Group, Inc. | 372 | ||||||
229 | Qurate Retail, Inc., Class A | 2,886 | ||||||
|
| |||||||
57,820 | ||||||||
|
| |||||||
IT Services — 1.5% |
| |||||||
20 | Accenture PLC, Class A | 4,838 | ||||||
37 | Akamai Technologies, Inc.(a) | 4,108 | ||||||
49 | Automatic Data Processing, Inc. | 8,091 | ||||||
18 | Cognizant Technology Solutions Corp., Class A | 1,403 | ||||||
225 | DXC Technology Co. | 6,345 | ||||||
30 | Fiserv, Inc.(a) | 3,081 | ||||||
38 | Gartner, Inc.(a) | 5,773 | ||||||
29 | MasterCard, Inc., Class A | 9,173 | ||||||
9 | Paychex, Inc. | 786 | ||||||
86 | Sabre Corp. | 927 | ||||||
5 | VeriSign, Inc.(a) | 970 | ||||||
85 | Visa, Inc., Class A | 16,426 | ||||||
8 | WEX, Inc.(a) | 1,509 | ||||||
|
| |||||||
63,430 | ||||||||
|
| |||||||
Leisure Products — 0.0% |
| |||||||
45 | Callaway Golf Co. | 1,255 | ||||||
|
| |||||||
Life Sciences Tools & Services — 0.4% |
| |||||||
7 | Agilent Technologies, Inc. | 841 | ||||||
21 | Illumina, Inc.(a) | 8,955 | ||||||
4 | IQVIA Holdings, Inc.(a) | 711 | ||||||
38 | NeoGenomics, Inc.(a) | 2,015 | ||||||
16 | Repligen Corp.(a) | 3,200 | ||||||
4 | Thermo Fisher Scientific, Inc. | 2,039 | ||||||
3 | Waters Corp.(a) | 794 | ||||||
|
| |||||||
18,555 | ||||||||
|
| |||||||
Machinery — 1.3% |
| |||||||
22 | AGCO Corp. | 2,440 | ||||||
58 | Caterpillar, Inc. | 10,605 | ||||||
23 | Cummins, Inc. | 5,392 | ||||||
54 | Deere & Co. | 15,595 | ||||||
24 | Flowserve Corp. | 853 | ||||||
4 | Illinois Tool Works, Inc. | 777 | ||||||
28 | ITT, Inc. | 2,092 | ||||||
38 | Kennametal, Inc. | 1,439 | ||||||
22 | Oshkosh Corp. | 2,015 | ||||||
26 | Parker-Hannifin Corp. | 6,880 | ||||||
7 | Proto Labs, Inc.(a) | 1,483 | ||||||
32 | Terex Corp. | 1,144 | ||||||
24 | Toro Co. (The) | 2,262 | ||||||
|
| |||||||
52,977 | ||||||||
|
|
See accompanying notes to financial statements.
25 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2015 Fund – (continued)
Shares | Description | Value (†) | ||||||
Media — 0.7% |
| |||||||
1 | Cable One, Inc. | $ | 2,000 | |||||
13 | Charter Communications, Inc., Class A(a) | 7,898 | ||||||
263 | Comcast Corp., Class A | 13,037 | ||||||
38 | Discovery, Inc., Series A(a) | 1,574 | ||||||
16 | Discovery, Inc., Series C(a) | 561 | ||||||
25 | Fox Corp., Class A | 780 | ||||||
19 | Interpublic Group of Cos., Inc. (The) | 457 | ||||||
30 | New York Times Co. (The), Class A | 1,488 | ||||||
23 | News Corp., Class A | 446 | ||||||
32 | Omnicom Group, Inc. | 1,996 | ||||||
|
| |||||||
30,237 | ||||||||
|
| |||||||
Metals & Mining — 0.2% |
| |||||||
91 | Cleveland-Cliffs, Inc. | 1,396 | ||||||
51 | Commercial Metals Co. | 1,004 | ||||||
4 | Nucor Corp. | 195 | ||||||
21 | Reliance Steel & Aluminum Co. | 2,438 | ||||||
15 | Royal Gold, Inc. | 1,603 | ||||||
|
| |||||||
6,636 | ||||||||
|
| |||||||
Multi-Utilities — 0.1% |
| |||||||
28 | Consolidated Edison, Inc. | 1,982 | ||||||
10 | DTE Energy Co. | 1,187 | ||||||
12 | Sempra Energy | 1,485 | ||||||
6 | WEC Energy Group, Inc. | 534 | ||||||
|
| |||||||
5,188 | ||||||||
|
| |||||||
Multiline Retail — 0.1% |
| |||||||
130 | Macy’s, Inc. | 1,955 | ||||||
15 | Target Corp. | 2,718 | ||||||
|
| |||||||
4,673 | ||||||||
|
| |||||||
Oil, Gas & Consumable Fuels — 0.6% |
| |||||||
340 | Apache Corp. | 4,855 | ||||||
54 | ConocoPhillips | 2,162 | ||||||
33 | Devon Energy Corp. | 543 | ||||||
60 | Diamondback Energy, Inc. | 3,401 | ||||||
139 | EOG Resources, Inc. | 7,084 | ||||||
61 | EQT Corp. | 995 | ||||||
37 | Kinder Morgan, Inc. | 521 | ||||||
168 | Marathon Oil Corp. | 1,216 | ||||||
27 | ONEOK, Inc. | 1,075 | ||||||
185 | Southwestern Energy Co.(a) | 698 | ||||||
19 | Valero Energy Corp. | 1,072 | ||||||
31 | World Fuel Services Corp. | 948 | ||||||
|
| |||||||
24,570 | ||||||||
|
| |||||||
Paper & Forest Products — 0.0% |
| |||||||
37 | Louisiana-Pacific Corp. | 1,406 | ||||||
|
| |||||||
Personal Products — 0.0% |
| |||||||
1 | Estee Lauder Cos., Inc. (The), Class A | 237 | ||||||
|
| |||||||
Pharmaceuticals — 0.8% |
| |||||||
27 | Bristol-Myers Squibb Co. | 1,659 | ||||||
9 | Eli Lilly & Co. | 1,872 | ||||||
12 | Jazz Pharmaceuticals PLC(a) | 1,866 | ||||||
78 | Merck & Co., Inc. | 6,011 | ||||||
88 | Novartis AG, Sponsored ADR | 7,961 | ||||||
29 | Novo Nordisk A/S, Sponsored ADR | 2,018 | ||||||
14 | Perrigo Co. PLC | 598 | ||||||
65 | Pfizer, Inc. | 2,333 | ||||||
163 | Roche Holding AG, Sponsored ADR | 7,076 | ||||||
3 | Zoetis, Inc. | 463 | ||||||
|
| |||||||
31,857 | ||||||||
|
| |||||||
Professional Services — 0.1% |
| |||||||
22 | Exponent, Inc. | $ | 1,817 | |||||
3 | IHS Markit Ltd. | 261 | ||||||
8 | Insperity, Inc. | 628 | ||||||
24 | Korn Ferry | 1,094 | ||||||
14 | ManpowerGroup, Inc. | 1,238 | ||||||
21 | Nielsen Holdings PLC | 469 | ||||||
|
| |||||||
5,507 | ||||||||
|
| |||||||
Real Estate Management & Development — 0.1% |
| |||||||
46 | CBRE Group, Inc., Class A(a) | 2,805 | ||||||
11 | Jones Lang LaSalle, Inc.(a) | 1,608 | ||||||
|
| |||||||
4,413 | ||||||||
|
| |||||||
REITs – Apartments — 0.1% |
| |||||||
44 | American Campus Communities, Inc. | 1,811 | ||||||
27 | Camden Property Trust | 2,758 | ||||||
13 | Equity Residential | 801 | ||||||
|
| |||||||
5,370 | ||||||||
|
| |||||||
REITs – Diversified — 0.1% |
| |||||||
13 | American Tower Corp. | 2,955 | ||||||
3 | Crown Castle International Corp. | 478 | ||||||
26 | Weyerhaeuser Co. | 811 | ||||||
|
| |||||||
4,244 | ||||||||
|
| |||||||
REITs – Health Care — 0.0% |
| |||||||
14 | Ventas, Inc. | 645 | ||||||
6 | Welltower, Inc. | 364 | ||||||
|
| |||||||
1,009 | ||||||||
|
| |||||||
REITs – Hotels — 0.1% |
| |||||||
43 | Host Hotels & Resorts, Inc. | 583 | ||||||
121 | Park Hotels & Resorts, Inc. | 2,018 | ||||||
|
| |||||||
2,601 | ||||||||
|
| |||||||
REITs – Mortgage — 0.1% |
| |||||||
61 | Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 3,608 | ||||||
|
| |||||||
REITs – Office Property — 0.2% |
| |||||||
2 | Boston Properties, Inc. | 183 | ||||||
67 | Corporate Office Properties Trust | 1,760 | ||||||
70 | Douglas Emmett, Inc. | 1,940 | ||||||
93 | Easterly Government Properties, Inc. | 2,041 | ||||||
33 | Kilroy Realty Corp. | 1,869 | ||||||
|
| |||||||
7,793 | ||||||||
|
| |||||||
REITs – Shopping Centers — 0.1% |
| |||||||
167 | Brixmor Property Group, Inc. | 2,827 | ||||||
|
| |||||||
REITs – Storage — 0.0% |
| |||||||
8 | Iron Mountain, Inc. | 269 | ||||||
|
| |||||||
REITs – Warehouse/Industrials — 0.1% |
| |||||||
19 | CyrusOne, Inc. | 1,386 | ||||||
25 | ProLogis, Inc. | 2,580 | ||||||
|
| |||||||
3,966 | ||||||||
|
| |||||||
Road & Rail — 0.2% |
| |||||||
8 | CSX Corp. | 686 | ||||||
12 | Norfolk Southern Corp. | 2,839 | ||||||
19 | Ryder System, Inc. | 1,189 | ||||||
10 | Union Pacific Corp. | 1,975 | ||||||
|
| |||||||
6,689 | ||||||||
|
| |||||||
Semiconductors & Semiconductor Equipment — 1.5% |
| |||||||
16 | Advanced Micro Devices, Inc.(a) | 1,370 | ||||||
4 | Analog Devices, Inc. | 589 | ||||||
10 | Applied Materials, Inc. | 967 | ||||||
23 | Cirrus Logic, Inc.(a) | 2,155 | ||||||
43 | Cree, Inc.(a) | 4,347 |
See accompanying notes to financial statements.
| 26
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2015 Fund – (continued)
Shares | Description | Value (†) | ||||||
Semiconductors & Semiconductor Equipment — continued |
| |||||||
15 | Enphase Energy, Inc.(a) | $ | 2,735 | |||||
54 | First Solar, Inc.(a) | 5,354 | ||||||
31 | Ichor Holdings Ltd.(a) | 1,119 | ||||||
59 | Intel Corp. | 3,275 | ||||||
2 | Lam Research Corp. | 968 | ||||||
5 | Micron Technology, Inc.(a) | 391 | ||||||
38 | NVIDIA Corp. | 19,745 | ||||||
65 | QUALCOMM, Inc. | 10,158 | ||||||
18 | Silicon Laboratories, Inc.(a) | 2,361 | ||||||
27 | Texas Instruments, Inc. | 4,474 | ||||||
10 | Universal Display Corp. | 2,308 | ||||||
3 | Xilinx, Inc. | 392 | ||||||
|
| |||||||
62,708 | ||||||||
|
| |||||||
Software — 2.1% |
| |||||||
11 | Adobe, Inc.(a) | 5,046 | ||||||
11 | ANSYS, Inc.(a) | 3,898 | ||||||
53 | Autodesk, Inc.(a) | 14,704 | ||||||
13 | Blackbaud, Inc. | 864 | ||||||
22 | Bottomline Technologies, Inc.(a) | 1,051 | ||||||
4 | Citrix Systems, Inc. | 533 | ||||||
6 | Fair Isaac Corp.(a) | 2,701 | ||||||
68 | Microsoft Corp. | 15,773 | ||||||
15 | NortonLifeLock, Inc. | 316 | ||||||
207 | Oracle Corp. | 12,509 | ||||||
11 | Paylocity Holding Corp.(a) | 2,062 | ||||||
16 | PTC, Inc.(a) | 2,127 | ||||||
12 | Qualys, Inc.(a) | 1,662 | ||||||
51 | salesforce.com, Inc.(a) | 11,504 | ||||||
19 | SPS Commerce, Inc.(a) | 1,879 | ||||||
53 | Workday, Inc., Class A(a) | 12,059 | ||||||
|
| |||||||
88,688 | ||||||||
|
| |||||||
Specialty Retail — 0.5% |
| |||||||
48 | American Eagle Outfitters, Inc. | 1,089 | ||||||
16 | Asbury Automotive Group, Inc.(a) | 2,282 | ||||||
1 | AutoZone, Inc.(a) | 1,118 | ||||||
11 | Best Buy Co., Inc. | 1,197 | ||||||
7 | Five Below, Inc.(a) | 1,230 | ||||||
22 | Gap, Inc. (The)(a) | 445 | ||||||
24 | Home Depot, Inc. (The) | 6,500 | ||||||
10 | Lithia Motors, Inc., Class A | 3,187 | ||||||
6 | Lowe’s Cos., Inc. | 1,001 | ||||||
14 | Monro, Inc. | 819 | ||||||
4 | TJX Cos., Inc. (The) | 256 | ||||||
3 | Ulta Beauty, Inc.(a) | 839 | ||||||
16 | Williams-Sonoma, Inc. | 2,063 | ||||||
|
| |||||||
22,026 | ||||||||
|
| |||||||
Technology Hardware, Storage & Peripherals — 0.3% |
| |||||||
392 | Hewlett Packard Enterprise Co. | 4,837 | ||||||
235 | HP, Inc. | 5,720 | ||||||
39 | NCR Corp.(a) | 1,301 | ||||||
7 | Seagate Technology PLC | 463 | ||||||
|
| |||||||
12,321 | ||||||||
|
| |||||||
Textiles, Apparel & Luxury Goods — 0.3% |
| |||||||
9 | Deckers Outdoor Corp.(a) | 2,628 | ||||||
293 | Under Armour, Inc., Class A(a) | 5,127 | ||||||
26 | VF Corp. | 1,999 | ||||||
36 | Wolverine World Wide, Inc. | 1,031 | ||||||
|
| |||||||
10,785 | ||||||||
|
| |||||||
Thrifts & Mortgage Finance — 0.1% |
| |||||||
52 | Mr. Cooper Group, Inc.(a) | 1,416 | ||||||
135 | New York Community Bancorp, Inc. | 1,412 | ||||||
|
| |||||||
2,828 | ||||||||
|
| |||||||
Trading Companies & Distributors — 0.0% |
| |||||||
11 | GATX Corp. | $ | 1,021 | |||||
|
| |||||||
Water Utilities — 0.2% |
| |||||||
14 | American Water Works Co., Inc. | 2,226 | ||||||
99 | Essential Utilities, Inc. | 4,584 | ||||||
|
| |||||||
6,810 | ||||||||
|
| |||||||
Wireless Telecommunication Services — 0.1% |
| |||||||
25 | Shenandoah Telecommunications Co. | 972 | ||||||
23 | T-Mobile US, Inc.(a) | 2,900 | ||||||
|
| |||||||
3,872 | ||||||||
|
| |||||||
Total Common Stocks (Identified Cost $1,012,319) | 1,258,157 | |||||||
|
| |||||||
Principal Amount | ||||||||
Bonds and Notes — 20.9% | ||||||||
Automotive — 0.3% |
| |||||||
$ | 7,000 | General Motors Financial Co., Inc., 4.350%, 1/17/2027 | 8,018 | |||||
6,000 | Toyota Motor Credit Corp., MTN, 2.600%, 1/11/2022 | 6,127 | ||||||
|
| |||||||
14,145 | ||||||||
|
| |||||||
Banking — 3.4% |
| |||||||
7,000 | American Express Co., 3.700%, 8/03/2023 | 7,556 | ||||||
6,000 | Bank of America Corp., (fixed rate to 1/20/2022, variable rate thereafter), MTN, 3.124%, 1/20/2023 | 6,156 | ||||||
8,000 | Bank of Montreal, MTN, 1.900%, 8/27/2021 | 8,080 | ||||||
7,000 | Bank of New York Mellon Corp. (The), Series 12, MTN, 3.650%, 2/04/2024 | 7,655 | ||||||
5,000 | Bank of Nova Scotia (The), 3.400%, 2/11/2024 | 5,433 | ||||||
8,000 | BNP Paribas S.A., MTN, 3.250%, 3/03/2023 | 8,498 | ||||||
7,000 | Capital One Financial Corp., 3.300%, 10/30/2024 | 7,635 | ||||||
7,000 | Citigroup, Inc., 4.600%, 3/09/2026 | 8,121 | ||||||
5,000 | Cooperatieve Rabobank UA, 3.875%, 2/08/2022 | 5,184 | ||||||
4,000 | Deutsche Bank AG, GMTN, 3.375%, 5/12/2021 | 4,031 | ||||||
7,000 | Goldman Sachs Group, Inc. (The), 3.750%, 5/22/2025 | 7,794 | ||||||
7,000 | JPMorgan Chase & Co., (fixed rate to 3/01/2024, variable rate thereafter), 3.220%, 3/01/2025 | 7,543 | ||||||
9,000 | KeyCorp, MTN, 2.550%, 10/01/2029 | 9,598 | ||||||
6,000 | Morgan Stanley, Series F, 3.875%, 4/29/2024 | 6,623 | ||||||
9,000 | PNC Financial Services Group, Inc. (The), 2.600%, 7/23/2026 | 9,821 | ||||||
4,000 | Royal Bank of Canada, GMTN, 2.550%, 7/16/2024 | 4,274 | ||||||
3,000 | Santander Holdings USA, Inc., 3.500%, 6/07/2024 | 3,243 | ||||||
8,000 | Truist Bank, 3.200%, 4/01/2024 | 8,673 | ||||||
7,000 | Wells Fargo & Co., MTN, 3.000%, 2/19/2025 | 7,571 | ||||||
7,000 | Westpac Banking Corp., 2.350%, 2/19/2025 | 7,475 | ||||||
|
| |||||||
140,964 | ||||||||
|
| |||||||
Brokerage — 0.5% |
| |||||||
9,000 | BlackRock, Inc., 2.400%, 4/30/2030 | 9,672 | ||||||
10,000 | Intercontinental Exchange, Inc., 3.000%, 6/15/2050 | 10,233 | ||||||
|
| |||||||
19,905 | ||||||||
|
| |||||||
Cable Satellite — 0.2% |
| |||||||
7,000 | Comcast Corp., 3.000%, 2/01/2024 | 7,526 | ||||||
|
| |||||||
Construction Machinery — 0.3% |
| |||||||
8,000 | Caterpillar Financial Services Corp., 0.650%, 7/07/2023 | 8,060 | ||||||
6,000 | John Deere Capital Corp., MTN, 2.650%, 1/06/2022 | 6,134 | ||||||
|
| |||||||
14,194 | ||||||||
|
| |||||||
Consumer Cyclical Services — 0.3% |
| |||||||
5,000 | Amazon.com, Inc., 3.875%, 8/22/2037 | 6,086 | ||||||
6,000 | eBay, Inc., 3.800%, 3/09/2022 | 6,209 | ||||||
|
| |||||||
12,295 | ||||||||
|
|
See accompanying notes to financial statements.
27 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2015 Fund – (continued)
Principal Amount | Description | Value (†) | ||||||
Electric — 0.9% |
| |||||||
$ | 9,000 | Duke Energy Corp., 3.750%, 4/15/2024 | $ | 9,834 | ||||
8,000 | Entergy Corp., 0.900%, 9/15/2025 | 7,985 | ||||||
4,000 | Exelon Corp., 4.050%, 4/15/2030 | 4,677 | ||||||
8,000 | NextEra Energy Capital Holdings, Inc., 2.250%, 6/01/2030 | 8,281 | ||||||
6,000 | Virginia Electric & Power Co., Series A, 3.150%, 1/15/2026 | 6,614 | ||||||
|
| |||||||
37,391 | ||||||||
|
| |||||||
Finance Companies — 0.1% |
| |||||||
6,000 | Ares Capital Corp., 3.250%, 7/15/2025 | 6,346 | ||||||
|
| |||||||
Financial Other — 0.2% |
| |||||||
8,000 | ORIX Corp., 2.900%, 7/18/2022 | 8,274 | ||||||
|
| |||||||
Food & Beverage — 0.6% |
| |||||||
8,000 | Coca-Cola Co. (The), 1.450%, 6/01/2027 | 8,191 | ||||||
7,000 | General Mills, Inc., 4.000%, 4/17/2025 | 7,886 | ||||||
7,000 | Mondelez International, Inc., 2.750%, 4/13/2030 | 7,566 | ||||||
|
| |||||||
23,643 | ||||||||
|
| |||||||
Government Owned—No Guarantee — 0.4% |
| |||||||
11,000 | Federal National Mortgage Association, 6.625%, 11/15/2030 | 16,473 | ||||||
|
| |||||||
Health Insurance — 0.4% |
| |||||||
7,000 | Anthem, Inc., 4.101%, 3/01/2028 | 8,183 | ||||||
6,000 | UnitedHealth Group, Inc., 5.800%, 3/15/2036 | 8,702 | ||||||
|
| |||||||
16,885 | ||||||||
|
| |||||||
Healthcare — 0.6% |
| |||||||
4,000 | Cigna Corp., 3.750%, 7/15/2023 | 4,315 | ||||||
4,000 | CVS Health Corp., 4.300%, 3/25/2028 | 4,699 | ||||||
4,000 | DH Europe Finance II S.a.r.l., 2.200%, 11/15/2024 | 4,239 | ||||||
7,000 | McKesson Corp., 3.950%, 2/16/2028 | 8,085 | ||||||
5,000 | Quest Diagnostics, Inc., 2.950%, 6/30/2030 | 5,501 | ||||||
|
| |||||||
26,839 | ||||||||
|
| |||||||
Independent Energy — 0.2% |
| |||||||
8,000 | EQT Corp., 3.000%, 10/01/2022 | 8,125 | ||||||
|
| |||||||
Integrated Energy — 0.6% |
| |||||||
6,000 | BP Capital Markets PLC, 3.814%, 2/10/2024 | 6,570 | ||||||
9,000 | Exxon Mobil Corp., 2.992%, 3/19/2025 | 9,783 | ||||||
6,000 | Shell International Finance BV, 6.375%, 12/15/2038 | 9,085 | ||||||
|
| |||||||
25,438 | ||||||||
|
| |||||||
Life Insurance — 0.1% |
| |||||||
3,000 | Brighthouse Financial, Inc., 3.700%, 6/22/2027 | 3,306 | ||||||
|
| |||||||
Media Entertainment — 0.1% |
| |||||||
5,000 | ViacomCBS, Inc., 4.750%, 5/15/2025 | 5,767 | ||||||
|
| |||||||
Midstream — 0.4% |
| |||||||
8,000 | Energy Transfer Operating LP, 4.050%, 3/15/2025 | 8,726 | ||||||
8,000 | Kinder Morgan Energy Partners LP, 4.150%, 2/01/2024 | 8,732 | ||||||
|
| |||||||
17,458 | ||||||||
|
| |||||||
Mortgage Related — 2.9% |
| |||||||
44,830 | FNMA, 2.500%, with various maturities from 2050 to 2051(b) | 47,217 | ||||||
35,809 | FNMA, 3.000%, with various maturities from 2034 to 2049(b) | 37,685 | ||||||
23,857 | FNMA, 3.500%, with various maturities in 2049(b) | 25,346 | ||||||
5,701 | FNMA, 4.000%, 3/01/2050 | 6,108 | ||||||
6,099 | FNMA, 4.500%, with various maturities in 2049(b) | 6,629 | ||||||
|
| |||||||
122,985 | ||||||||
|
| |||||||
Natural Gas — 0.2% |
| |||||||
8,000 | NiSource, Inc., 0.950%, 8/15/2025 | 8,009 | ||||||
|
| |||||||
Oil Field Services — 0.2% |
| |||||||
7,000 | Baker Hughes a GE Co. LLC/Baker Hughes Co-Obligor, Inc., 2.773%, 12/15/2022 | $ | 7,292 | |||||
|
| |||||||
Pharmaceuticals — 0.6% |
| |||||||
7,000 | AbbVie, Inc., 3.600%, 5/14/2025 | 7,759 | ||||||
6,000 | Amgen, Inc., 2.650%, 5/11/2022 | 6,171 | ||||||
10,000 | Johnson & Johnson, 1.300%, 9/01/2030 | 9,865 | ||||||
|
| |||||||
23,795 | ||||||||
|
| |||||||
Property & Casualty Insurance — 0.2% |
| |||||||
7,000 | American International Group, Inc., 3.400%, 6/30/2030 | 7,811 | ||||||
|
| |||||||
Railroads — 0.2% |
| |||||||
8,000 | CSX Corp., 2.600%, 11/01/2026 | 8,709 | ||||||
|
| |||||||
REITs – Office Property — 0.1% |
| |||||||
5,000 | Boston Properties LP, 2.750%, 10/01/2026 | 5,416 | ||||||
|
| |||||||
Restaurants — 0.2% |
| |||||||
8,000 | Starbucks Corp., 2.250%, 3/12/2030 | 8,334 | ||||||
|
| |||||||
Technology — 1.4% |
| |||||||
7,000 | Apple, Inc., 2.500%, 2/09/2025 | 7,529 | ||||||
4,000 | Broadcom, Inc., 4.110%, 9/15/2028 | 4,515 | ||||||
4,000 | HP, Inc., 3.000%, 6/17/2027 | 4,386 | ||||||
4,000 | Intel Corp., 2.450%, 11/15/2029 | 4,282 | ||||||
8,000 | International Business Machines Corp., 4.000%, 6/20/2042 | 9,569 | ||||||
3,000 | NVIDIA Corp., 2.850%, 4/01/2030 | 3,306 | ||||||
7,000 | Oracle Corp., 2.950%, 5/15/2025 | 7,614 | ||||||
8,000 | QUALCOMM, Inc., 1.650%, 5/20/2032 | 7,881 | ||||||
8,000 | VMware, Inc., 2.950%, 8/21/2022 | 8,288 | ||||||
|
| |||||||
57,370 | ||||||||
|
| |||||||
Treasuries — 4.9% |
| |||||||
7,000 | U.S. Treasury Bond, 2.500%, 5/15/2046 | 8,033 | ||||||
19,000 | U.S. Treasury Bond, 2.875%, 11/15/2046 | 23,328 | ||||||
21,000 | U.S. Treasury Bond, 3.000%, 5/15/2045 | 26,219 | ||||||
7,000 | U.S. Treasury Bond, 3.000%, 2/15/2048 | 8,824 | ||||||
19,000 | U.S. Treasury Bond, 3.000%, 2/15/2049 | 24,054 | ||||||
4,000 | U.S. Treasury Bond, 4.250%, 11/15/2040 | 5,819 | ||||||
7,000 | U.S. Treasury Bond, 4.375%, 5/15/2041 | 10,382 | ||||||
3,000 | U.S. Treasury Bond, 4.500%, 2/15/2036 | 4,296 | ||||||
20,000 | U.S. Treasury Note, 0.375%, 11/30/2025 | 19,969 | ||||||
8,000 | U.S. Treasury Note, 1.125%, 9/30/2021 | 8,056 | ||||||
27,000 | U.S. Treasury Note, 1.625%, 8/31/2022 | 27,642 | ||||||
38,000 | U.S. Treasury Note, 2.125%, 12/31/2022 | 39,453 | ||||||
|
| |||||||
206,075 | ||||||||
|
| |||||||
Wireless — 0.2% |
| |||||||
7,000 | Vodafone Group PLC, 6.150%, 2/27/2037 | 9,777 | ||||||
|
| |||||||
Wirelines — 0.2% |
| |||||||
8,000 | Verizon Communications, Inc., 3-month LIBOR + 1.100%, 1.321%, 5/15/2025(c) | 8,232 | ||||||
|
| |||||||
Total Bonds and Notes (Identified Cost $861,561) | 878,779 | |||||||
|
| |||||||
Shares | ||||||||
Exchange-Traded Funds — 4.0% | ||||||||
2,323 | iShares® ESG Aware MSCI EAFE ETF (Identified Cost $137,522) | 168,046 | ||||||
|
| |||||||
Affiliated Mutual Funds — 44.1% | ||||||||
45,334 | Loomis Sayles Inflation Protected Securities Fund, Class N | 543,559 | ||||||
41,424 | Loomis Sayles Limited Term Government and Agency Fund, Class N | 478,029 | ||||||
40,664 | Mirova Global Green Bond Fund, Class N | 436,726 |
See accompanying notes to financial statements.
| 28
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2015 Fund – (continued)
Shares | Description | Value (†) | ||||||
Affiliated Mutual Funds – continued | ||||||||
12,891 | Mirova International Sustainable Equity Fund, Class N | $ | 175,572 | |||||
2,219 | WCM Focused Emerging Markets Fund, Institutional Class | 44,507 | ||||||
7,103 | WCM Focused International Growth Fund, Institutional Class | 175,029 | ||||||
|
| |||||||
Total Affiliated Mutual Funds (Identified Cost $1,724,756) | 1,853,422 | |||||||
|
| |||||||
Principal Amount | ||||||||
Short-Term Investments — 2.4% | ||||||||
$ | 100,758 | Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 1/29/2021 at 0.000% to be repurchased at $100,758 on 2/01/2021 collateralized by $96,800 U.S. Treasury Note, 2.750% due 5/31/2023 valued at $103,104 including accrued interest (Note 2 of Notes to Financial Statements) (Identified Cost $100,758) | 100,758 | |||||
|
| |||||||
Total Investments — 101.3% (Identified Cost $3,836,916) | 4,259,162 | |||||||
Other assets less liabilities — (1.3)% | (55,154 | ) | ||||||
|
| |||||||
Net Assets — 100.0% | $ | 4,204,008 | ||||||
|
| |||||||
(†) | See Note 2 of Notes to Financial Statements. |
| ||||||
(a) | Non-income producing security. |
| ||||||
(b) | The Fund’s investment in mortgage related securities of Federal National Mortgage Association are interests in separate pools of mortgages. All separate investments in securities of each issuer which have the same coupon rate have been aggregated for the purpose of presentation in the Portfolio of Investments. |
| ||||||
(c) | Variable rate security. Rate as of January 31, 2021 is disclosed. |
| ||||||
ADR | An American Depositary Receipt is a certificate issued by a custodian bank representing the right to receive securities of the foreign issuer described. The values of ADRs may be significantly influenced by trading on exchanges not located in the United States. |
| ||||||
ETF | Exchange-Traded Fund |
| ||||||
FNMA | Federal National Mortgage Association |
| ||||||
GMTN | Global Medium Term Note |
| ||||||
LIBOR | London Interbank Offered Rate |
| ||||||
MTN | Medium Term Note |
| ||||||
REITs | Real Estate Investment Trusts |
|
Asset Allocation Summary at January 31, 2021
Fixed Income | 55.6 | % | ||
Equity | 43.3 | |||
Short-Term Investments | 2.4 | |||
|
| |||
Total Investments | 101.3 | |||
Other assets less liabilities | (1.3 | ) | ||
|
| |||
Net Assets | 100.0 | % | ||
|
|
See accompanying notes to financial statements.
29 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2020 Fund
Shares | Description | Value (†) | ||||||
Common Stocks — 36.8% of Net Assets | ||||||||
Aerospace & Defense — 0.6% |
| |||||||
9 | Axon Enterprise, Inc.(a) | $ | 1,478 | |||||
49 | Boeing Co. (The) | 9,515 | ||||||
21 | General Dynamics Corp. | 3,080 | ||||||
1 | L3Harris Technologies, Inc. | 172 | ||||||
12 | Moog, Inc., Class A | 886 | ||||||
22 | Raytheon Technologies Corp. | 1,468 | ||||||
|
| |||||||
16,599 | ||||||||
|
| |||||||
Air Freight & Logistics — 0.3% |
| |||||||
78 | Expeditors International of Washington, Inc. | 6,983 | ||||||
12 | United Parcel Service, Inc., Class B | 1,860 | ||||||
|
| |||||||
8,843 | ||||||||
|
| |||||||
Airlines — 0.1% |
| |||||||
2 | Alaska Air Group, Inc. | 98 | ||||||
13 | Delta Air Lines, Inc. | 493 | ||||||
124 | JetBlue Airways Corp.(a) | 1,778 | ||||||
|
| |||||||
2,369 | ||||||||
|
| |||||||
Auto Components — 0.3% |
| |||||||
45 | Aptiv PLC | 6,012 | ||||||
5 | BorgWarner, Inc. | 210 | ||||||
84 | Dana, Inc. | 1,626 | ||||||
11 | Visteon Corp.(a) | 1,402 | ||||||
|
| |||||||
9,250 | ||||||||
|
| |||||||
Automobiles — 0.3% |
| |||||||
168 | General Motors Co. | 8,514 | ||||||
12 | Thor Industries, Inc. | 1,452 | ||||||
|
| |||||||
9,966 | ||||||||
|
| |||||||
Banks — 1.8% |
| |||||||
32 | Ameris Bancorp | 1,251 | ||||||
58 | BancorpSouth Bank | 1,604 | ||||||
289 | Bank of America Corp. | 8,569 | ||||||
143 | Citigroup, Inc. | 8,293 | ||||||
42 | Citizens Financial Group, Inc. | 1,530 | ||||||
44 | Columbia Banking System, Inc. | 1,695 | ||||||
3 | Comerica, Inc. | 172 | ||||||
28 | Cullen/Frost Bankers, Inc. | 2,583 | ||||||
18 | Fifth Third Bancorp | 521 | ||||||
101 | Fulton Financial Corp. | 1,353 | ||||||
27 | Huntington Bancshares, Inc. | 357 | ||||||
51 | International Bancshares Corp. | 1,928 | ||||||
61 | KeyCorp | 1,028 | ||||||
10 | M&T Bank Corp. | 1,325 | ||||||
66 | People’s United Financial, Inc. | 901 | ||||||
22 | PNC Financial Services Group, Inc. (The) | 3,157 | ||||||
71 | Regions Financial Corp. | 1,208 | ||||||
47 | TCF Financial Corp. | 1,826 | ||||||
71 | Truist Financial Corp. | 3,407 | ||||||
80 | Trustmark Corp. | 2,198 | ||||||
36 | U.S. Bancorp | 1,543 | ||||||
144 | Wells Fargo & Co. | 4,303 | ||||||
21 | Wintrust Financial Corp. | 1,264 | ||||||
|
| |||||||
52,016 | ||||||||
|
| |||||||
Beverages — 0.9% |
| |||||||
54 | Coca-Cola Co. (The) | 2,600 | ||||||
32 | Constellation Brands, Inc., Class A | 6,750 | ||||||
124 | Keurig Dr Pepper, Inc. | 3,943 | ||||||
122 | Monster Beverage Corp.(a) | 10,593 | ||||||
19 | PepsiCo, Inc. | 2,595 | ||||||
|
| |||||||
26,481 | ||||||||
|
| |||||||
Biotechnology — 0.8% |
| |||||||
17 | AbbVie, Inc. | $ | 1,742 | |||||
14 | Amgen, Inc. | 3,380 | ||||||
4 | Biogen, Inc.(a) | 1,130 | ||||||
33 | BioMarin Pharmaceutical, Inc.(a) | 2,732 | ||||||
39 | Gilead Sciences, Inc. | 2,558 | ||||||
8 | Ligand Pharmaceuticals, Inc.(a) | 1,483 | ||||||
20 | Regeneron Pharmaceuticals, Inc.(a) | 10,077 | ||||||
|
| |||||||
23,102 | ||||||||
|
| |||||||
Building Products — 0.2% |
| |||||||
11 | Carrier Global Corp. | 424 | ||||||
10 | Johnson Controls International PLC | 498 | ||||||
9 | Lennox International, Inc. | 2,479 | ||||||
25 | Owens Corning | 1,940 | ||||||
16 | Trex Co., Inc.(a) | 1,468 | ||||||
|
| |||||||
6,809 | ||||||||
|
| |||||||
Capital Markets — 2.3% |
| |||||||
4 | Ameriprise Financial, Inc. | 792 | ||||||
225 | Bank of New York Mellon Corp. (The) | 8,962 | ||||||
3 | BlackRock, Inc. | 2,104 | ||||||
169 | Charles Schwab Corp. (The) | 8,710 | ||||||
5 | CME Group, Inc. | 909 | ||||||
19 | FactSet Research Systems, Inc. | 5,744 | ||||||
20 | Franklin Resources, Inc. | 526 | ||||||
23 | Goldman Sachs Group, Inc. (The) | 6,237 | ||||||
8 | Intercontinental Exchange, Inc. | 883 | ||||||
16 | Invesco Ltd. | 329 | ||||||
41 | Janus Henderson Group PLC | 1,261 | ||||||
51 | KKR & Co., Inc. | 1,986 | ||||||
10 | Moody’s Corp. | 2,663 | ||||||
2 | Morgan Stanley | 134 | ||||||
9 | MSCI, Inc. | 3,558 | ||||||
38 | Northern Trust Corp. | 3,389 | ||||||
14 | S&P Global, Inc. | 4,438 | ||||||
67 | SEI Investments Co. | 3,541 | ||||||
150 | State Street Corp. | 10,500 | ||||||
2 | T. Rowe Price Group, Inc. | 313 | ||||||
|
| |||||||
66,979 | ||||||||
|
| |||||||
Chemicals — 0.4% |
| |||||||
2 | Air Products & Chemicals, Inc. | 533 | ||||||
8 | DuPont de Nemours, Inc. | 636 | ||||||
4 | Ecolab, Inc. | 818 | ||||||
22 | HB Fuller Co. | 1,119 | ||||||
16 | Innospec, Inc. | 1,405 | ||||||
14 | Linde PLC | 3,436 | ||||||
19 | Minerals Technologies, Inc. | 1,171 | ||||||
3 | PPG Industries, Inc. | 404 | ||||||
1 | Sherwin-Williams Co. (The) | 692 | ||||||
11 | Stepan Co. | 1,239 | ||||||
|
| |||||||
11,453 | ||||||||
|
| |||||||
Commercial Services & Supplies — 0.2% |
| |||||||
20 | Healthcare Services Group, Inc. | 648 | ||||||
11 | MSA Safety, Inc. | 1,717 | ||||||
2 | Republic Services, Inc. | 181 | ||||||
17 | Tetra Tech, Inc. | 2,067 | ||||||
5 | Waste Management, Inc. | 557 | ||||||
|
| |||||||
5,170 | ||||||||
|
| |||||||
Communications Equipment — 0.4% |
| |||||||
11 | Arista Networks, Inc.(a) | 3,383 | ||||||
27 | Ciena Corp.(a) | 1,441 | ||||||
132 | Cisco Systems, Inc. | 5,885 | ||||||
2 | F5 Networks, Inc.(a) | 392 | ||||||
15 | Lumentum Holdings, Inc.(a) | 1,407 | ||||||
|
| |||||||
12,508 | ||||||||
|
|
See accompanying notes to financial statements.
| 30
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2020 Fund – (continued)
Shares | Description | Value (†) | ||||||
Construction & Engineering — 0.1% |
| |||||||
52 | AECOM(a) | $ | 2,605 | |||||
64 | Fluor Corp. | 1,107 | ||||||
|
| |||||||
3,712 | ||||||||
|
| |||||||
Consumer Finance — 1.0% |
| |||||||
278 | Ally Financial, Inc. | 10,520 | ||||||
55 | American Express Co. | 6,394 | ||||||
97 | Capital One Financial Corp. | 10,113 | ||||||
14 | Green Dot Corp., Class A(a) | 703 | ||||||
13 | PROG Holdings, Inc. | 614 | ||||||
|
| |||||||
28,344 | ||||||||
|
| |||||||
Containers & Packaging — 0.1% |
| |||||||
16 | Ball Corp. | 1,408 | ||||||
14 | International Paper Co. | 704 | ||||||
81 | O-I Glass, Inc. | 1,024 | ||||||
|
| |||||||
3,136 | ||||||||
|
| |||||||
Distributors — 0.0% |
| |||||||
11 | Genuine Parts Co. | 1,033 | ||||||
|
| |||||||
Diversified Telecommunication Services — 0.2% |
| |||||||
57 | AT&T, Inc. | 1,632 | ||||||
322 | Lumen Technologies, Inc. | 3,986 | ||||||
|
| |||||||
5,618 | ||||||||
|
| |||||||
Electric Utilities — 0.5% |
| |||||||
33 | American Electric Power Co., Inc. | 2,670 | ||||||
58 | Edison International | 3,373 | ||||||
9 | Eversource Energy | 788 | ||||||
15 | IDACORP, Inc. | 1,324 | ||||||
55 | NextEra Energy, Inc. | 4,448 | ||||||
12 | PPL Corp. | 332 | ||||||
|
| |||||||
12,935 | ||||||||
|
| |||||||
Electrical Equipment — 0.5% |
| |||||||
6 | Acuity Brands, Inc. | 721 | ||||||
103 | Ballard Power Systems, Inc.(a) | 3,519 | ||||||
13 | Eaton Corp. PLC | 1,530 | ||||||
9 | Generac Holdings, Inc.(a) | 2,218 | ||||||
10 | Hubbell, Inc. | 1,556 | ||||||
9 | Rockwell Automation, Inc. | 2,237 | ||||||
17 | Sunrun, Inc.(a) | 1,178 | ||||||
|
| |||||||
12,959 | ||||||||
|
| |||||||
Electronic Equipment, Instruments & Components — 0.7% |
| |||||||
3 | Amphenol Corp., Class A | 375 | ||||||
29 | Avnet, Inc. | 1,024 | ||||||
29 | Cognex Corp. | 2,382 | ||||||
6 | Coherent, Inc.(a) | 1,205 | ||||||
11 | Corning, Inc. | 394 | ||||||
39 | Itron, Inc.(a) | 3,355 | ||||||
6 | Littelfuse, Inc. | 1,460 | ||||||
6 | Rogers Corp.(a) | 936 | ||||||
42 | TE Connectivity Ltd. | 5,057 | ||||||
35 | Trimble, Inc.(a) | 2,307 | ||||||
52 | Vishay Intertechnology, Inc. | 1,121 | ||||||
|
| |||||||
19,616 | ||||||||
|
| |||||||
Energy Equipment & Services — 0.2% |
| |||||||
220 | Archrock, Inc. | 1,952 | ||||||
33 | Baker Hughes Co. | 663 | ||||||
24 | NOV, Inc. | 297 | ||||||
167 | Schlumberger NV | 3,709 | ||||||
15 | TechnipFMC PLC | 160 | ||||||
|
| |||||||
6,781 | ||||||||
|
| |||||||
Entertainment — 0.8% |
| |||||||
10 | Activision Blizzard, Inc. | $ | 910 | |||||
25 | Cinemark Holdings, Inc. | 506 | ||||||
19 | Electronic Arts, Inc. | 2,721 | ||||||
11 | Netflix, Inc.(a) | 5,856 | ||||||
76 | Walt Disney Co. (The)(a) | 12,781 | ||||||
|
| |||||||
22,774 | ||||||||
|
| |||||||
Food & Staples Retailing — 0.2% |
| |||||||
23 | BJ’s Wholesale Club Holdings, Inc.(a) | 968 | ||||||
21 | Kroger Co. (The) | 725 | ||||||
70 | SpartanNash Co. | 1,296 | ||||||
10 | Sysco Corp. | 715 | ||||||
18 | Walgreens Boots Alliance, Inc. | 904 | ||||||
|
| |||||||
4,608 | ||||||||
|
| |||||||
Food Products — 0.3% |
| |||||||
20 | Campbell Soup Co. | 962 | ||||||
6 | Conagra Brands, Inc. | 208 | ||||||
28 | Darling Ingredients, Inc.(a) | 1,736 | ||||||
15 | General Mills, Inc. | 871 | ||||||
30 | Hain Celestial Group, Inc. (The)(a) | 1,248 | ||||||
20 | Hormel Foods Corp. | 937 | ||||||
15 | Ingredion, Inc. | 1,132 | ||||||
4 | J.M. Smucker Co. (The) | 466 | ||||||
7 | Kellogg Co. | 413 | ||||||
2 | McCormick & Co., Inc. | 179 | ||||||
|
| |||||||
8,152 | ||||||||
|
| |||||||
Gas Utilities — 0.2% |
| |||||||
31 | New Jersey Resources Corp. | 1,085 | ||||||
17 | ONE Gas, Inc. | 1,243 | ||||||
34 | South Jersey Industries, Inc. | 786 | ||||||
37 | UGI Corp. | 1,332 | ||||||
|
| |||||||
4,446 | ||||||||
|
| |||||||
Health Care Equipment & Supplies — 0.7% |
| |||||||
15 | Abbott Laboratories | 1,854 | ||||||
1 | Baxter International, Inc. | 77 | ||||||
3 | Becton Dickinson & Co. | 785 | ||||||
12 | Boston Scientific Corp.(a) | 425 | ||||||
2 | Cooper Cos., Inc. (The) | 728 | ||||||
5 | Danaher Corp. | 1,189 | ||||||
4 | DENTSPLY SIRONA, Inc. | 214 | ||||||
15 | Edwards Lifesciences Corp.(a) | 1,239 | ||||||
16 | Globus Medical, Inc., Class A(a) | 987 | ||||||
8 | Haemonetics Corp.(a) | 914 | ||||||
15 | Hill-Rom Holdings, Inc. | 1,441 | ||||||
7 | Hologic, Inc.(a) | 558 | ||||||
4 | Intuitive Surgical, Inc.(a) | 2,990 | ||||||
11 | Medtronic PLC | 1,225 | ||||||
38 | Meridian Bioscience, Inc.(a) | 840 | ||||||
12 | Merit Medical Systems, Inc.(a) | 650 | ||||||
8 | Penumbra, Inc.(a) | 2,089 | ||||||
4 | Quidel Corp.(a) | 1,004 | ||||||
1 | STERIS PLC | 187 | ||||||
3 | Stryker Corp. | 663 | ||||||
1 | Varian Medical Systems, Inc.(a) | 175 | ||||||
|
| |||||||
20,234 | ||||||||
|
| |||||||
Health Care Providers & Services — 1.3% |
| |||||||
5 | Amedisys, Inc.(a) | 1,437 | ||||||
7 | Anthem, Inc. | 2,079 | ||||||
12 | BioTelemetry, Inc.(a) | 857 | ||||||
38 | Centene Corp.(a) | 2,291 | ||||||
4 | Chemed Corp. | 2,072 | ||||||
9 | Cigna Corp. | 1,953 |
See accompanying notes to financial statements.
31 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2020 Fund – (continued)
Shares | Description | Value (†) | ||||||
Health Care Providers & Services — continued | ||||||||
64 | CVS Health Corp. | $ | 4,586 | |||||
15 | Encompass Health Corp. | 1,206 | ||||||
47 | HCA Healthcare, Inc. | 7,637 | ||||||
9 | Henry Schein, Inc.(a) | 593 | ||||||
17 | Humana, Inc. | 6,513 | ||||||
6 | Laboratory Corp. of America Holdings(a) | 1,373 | ||||||
60 | MEDNAX, Inc.(a) | 1,636 | ||||||
27 | Patterson Cos., Inc. | 855 | ||||||
10 | Quest Diagnostics, Inc. | 1,291 | ||||||
8 | UnitedHealth Group, Inc. | 2,669 | ||||||
|
| |||||||
39,048 | ||||||||
|
| |||||||
Health Care Technology — 0.2% |
| |||||||
59 | Allscripts Healthcare Solutions, Inc.(a) | 973 | ||||||
62 | Cerner Corp. | 4,967 | ||||||
28 | HMS Holdings Corp.(a) | 1,031 | ||||||
|
| |||||||
6,971 | ||||||||
|
| |||||||
Hotels, Restaurants & Leisure — 1.0% |
| |||||||
1 | Chipotle Mexican Grill, Inc.(a) | 1,480 | ||||||
14 | Dine Brands Global, Inc. | 963 | ||||||
53 | Hilton Worldwide Holdings, Inc. | 5,374 | ||||||
18 | Jack in the Box, Inc. | 1,695 | ||||||
179 | MGM Resorts International | 5,112 | ||||||
6 | Royal Caribbean Cruises Ltd. | 390 | ||||||
20 | Shake Shack, Inc., Class A(a) | 2,268 | ||||||
61 | Starbucks Corp. | 5,905 | ||||||
58 | Wendy’s Co. (The) | 1,183 | ||||||
68 | Yum China Holdings, Inc. | 3,856 | ||||||
20 | Yum! Brands, Inc. | 2,030 | ||||||
|
| |||||||
30,256 | ||||||||
|
| |||||||
Household Durables — 0.2% |
| |||||||
47 | KB Home | 1,957 | ||||||
35 | Meritage Homes Corp.(a) | 2,809 | ||||||
4 | Mohawk Industries, Inc.(a) | 574 | ||||||
63 | Taylor Morrison Home Corp.(a) | 1,637 | ||||||
|
| |||||||
6,977 | ||||||||
|
| |||||||
Household Products — 0.3% |
| |||||||
1 | Clorox Co. (The) | 209 | ||||||
64 | Colgate-Palmolive Co. | 4,992 | ||||||
35 | Kimberly-Clark Corp. | 4,624 | ||||||
|
| |||||||
9,825 | ||||||||
|
| |||||||
Independent Power & Renewable Electricity Producers — 0.3% |
| |||||||
24 | AES Corp. (The) | 585 | ||||||
33 | Boralex, Inc., Class A | 1,292 | ||||||
48 | NextEra Energy Partners LP | 3,912 | ||||||
20 | Ormat Technologies, Inc. | 2,283 | ||||||
37 | Sunnova Energy International, Inc.(a) | 1,623 | ||||||
|
| |||||||
9,695 | ||||||||
|
| |||||||
Industrial Conglomerates — 0.3% |
| |||||||
8 | Carlisle Cos., Inc. | 1,159 | ||||||
537 | General Electric Co. | 5,735 | ||||||
2 | Honeywell International, Inc. | 391 | ||||||
|
| |||||||
7,285 | ||||||||
|
| |||||||
Insurance — 1.1% |
| |||||||
8 | Aflac, Inc. | 361 | ||||||
11 | Allstate Corp. (The) | 1,179 | ||||||
160 | American International Group, Inc. | 5,990 | ||||||
18 | Chubb Ltd. | 2,622 | ||||||
27 | First American Financial Corp. | 1,412 | ||||||
10 | Hanover Insurance Group, Inc. (The) | 1,125 | ||||||
38 | Hartford Financial Services Group, Inc. (The) | 1,825 | ||||||
4 | Lincoln National Corp. | 182 | ||||||
Insurance — continued | ||||||||
13 | Marsh & McLennan Cos., Inc. | $ | 1,429 | |||||
82 | MetLife, Inc. | 3,948 | ||||||
18 | Prudential Financial, Inc. | 1,409 | ||||||
73 | Reinsurance Group of America, Inc. | 7,669 | ||||||
9 | Travelers Cos., Inc. (The) | 1,227 | ||||||
|
| |||||||
30,378 | ||||||||
|
| |||||||
Interactive Media & Services — 1.8% |
| |||||||
8 | Alphabet, Inc., Class A(a) | 14,619 | ||||||
10 | Alphabet, Inc., Class C(a) | 18,357 | ||||||
80 | Facebook, Inc., Class A(a) | 20,667 | ||||||
|
| |||||||
53,643 | ||||||||
|
| |||||||
Internet & Direct Marketing Retail — 1.6% |
| |||||||
50 | Alibaba Group Holding Ltd., Sponsored ADR(a) | 12,692 | ||||||
5 | Amazon.com, Inc.(a) | 16,031 | ||||||
3 | Booking Holdings, Inc.(a) | 5,833 | ||||||
151 | eBay, Inc. | 8,533 | ||||||
2 | Etsy, Inc.(a) | 398 | ||||||
3 | Expedia Group, Inc. | 372 | ||||||
206 | Qurate Retail, Inc., Class A | 2,596 | ||||||
|
| |||||||
46,455 | ||||||||
|
| |||||||
IT Services — 1.9% |
| |||||||
16 | Accenture PLC, Class A | 3,871 | ||||||
31 | Akamai Technologies, Inc.(a) | 3,442 | ||||||
44 | Automatic Data Processing, Inc. | 7,265 | ||||||
15 | Cognizant Technology Solutions Corp., Class A | 1,169 | ||||||
195 | DXC Technology Co. | 5,499 | ||||||
27 | Fiserv, Inc.(a) | 2,773 | ||||||
34 | Gartner, Inc.(a) | 5,165 | ||||||
24 | MasterCard, Inc., Class A | 7,591 | ||||||
8 | Paychex, Inc. | 698 | ||||||
79 | Sabre Corp. | 852 | ||||||
3 | VeriSign, Inc.(a) | 582 | ||||||
72 | Visa, Inc., Class A | 13,914 | ||||||
8 | WEX, Inc.(a) | 1,509 | ||||||
|
| |||||||
54,330 | ||||||||
|
| |||||||
Leisure Products — 0.0% |
| |||||||
36 | Callaway Golf Co. | 1,004 | ||||||
|
| |||||||
Life Sciences Tools & Services — 0.5% |
| |||||||
6 | Agilent Technologies, Inc. | 721 | ||||||
17 | Illumina, Inc.(a) | 7,250 | ||||||
3 | IQVIA Holdings, Inc.(a) | 533 | ||||||
33 | NeoGenomics, Inc.(a) | 1,750 | ||||||
15 | Repligen Corp.(a) | 3,000 | ||||||
3 | Thermo Fisher Scientific, Inc. | 1,529 | ||||||
2 | Waters Corp.(a) | 529 | ||||||
|
| |||||||
15,312 | ||||||||
|
| |||||||
Machinery — 1.5% |
| |||||||
19 | AGCO Corp. | 2,107 | ||||||
48 | Caterpillar, Inc. | 8,776 | ||||||
20 | Cummins, Inc. | 4,688 | ||||||
44 | Deere & Co. | 12,707 | ||||||
17 | Flowserve Corp. | 605 | ||||||
3 | Illinois Tool Works, Inc. | 583 | ||||||
26 | ITT, Inc. | 1,942 | ||||||
33 | Kennametal, Inc. | 1,250 | ||||||
20 | Oshkosh Corp. | 1,832 | ||||||
22 | Parker-Hannifin Corp. | 5,821 | ||||||
6 | Proto Labs, Inc.(a) | 1,271 | ||||||
26 | Terex Corp. | 930 | ||||||
23 | Toro Co. (The) | 2,168 | ||||||
|
| |||||||
44,680 | ||||||||
|
|
See accompanying notes to financial statements.
| 32
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2020 Fund – (continued)
Shares | Description | Value (†) | ||||||
Media — 0.9% |
| |||||||
1 | Cable One, Inc. | $ | 2,000 | |||||
11 | Charter Communications, Inc., Class A(a) | 6,683 | ||||||
232 | Comcast Corp., Class A | 11,500 | ||||||
33 | Discovery, Inc., Series A(a) | 1,367 | ||||||
6 | Discovery, Inc., Series C(a) | 210 | ||||||
23 | Fox Corp., Class A | 717 | ||||||
18 | Interpublic Group of Cos., Inc. (The) | 433 | ||||||
28 | New York Times Co. (The), Class A | 1,389 | ||||||
22 | News Corp., Class A | 427 | ||||||
25 | Omnicom Group, Inc. | 1,560 | ||||||
|
| |||||||
26,286 | ||||||||
|
| |||||||
Metals & Mining — 0.2% |
| |||||||
83 | Cleveland-Cliffs, Inc. | 1,273 | ||||||
47 | Commercial Metals Co. | 925 | ||||||
3 | Nucor Corp. | 146 | ||||||
20 | Reliance Steel & Aluminum Co. | 2,322 | ||||||
13 | Royal Gold, Inc. | 1,390 | ||||||
|
| |||||||
6,056 | ||||||||
|
| |||||||
Multi-Utilities — 0.1% |
| |||||||
21 | Consolidated Edison, Inc. | 1,486 | ||||||
7 | DTE Energy Co. | 831 | ||||||
10 | Sempra Energy | 1,238 | ||||||
6 | WEC Energy Group, Inc. | 533 | ||||||
|
| |||||||
4,088 | ||||||||
|
| |||||||
Multiline Retail — 0.1% |
| |||||||
119 | Macy’s, Inc. | 1,790 | ||||||
13 | Target Corp. | 2,355 | ||||||
|
| |||||||
4,145 | ||||||||
|
| |||||||
Oil, Gas & Consumable Fuels — 0.7% |
| |||||||
293 | Apache Corp. | 4,184 | ||||||
45 | ConocoPhillips | 1,801 | ||||||
23 | Devon Energy Corp. | 379 | ||||||
54 | Diamondback Energy, Inc. | 3,061 | ||||||
126 | EOG Resources, Inc. | 6,421 | ||||||
48 | EQT Corp. | 783 | ||||||
22 | Kinder Morgan, Inc. | 310 | ||||||
117 | Marathon Oil Corp. | 847 | ||||||
22 | ONEOK, Inc. | 876 | ||||||
147 | Southwestern Energy Co.(a) | 554 | ||||||
16 | Valero Energy Corp. | 903 | ||||||
25 | World Fuel Services Corp. | 765 | ||||||
|
| |||||||
20,884 | ||||||||
|
| |||||||
Paper & Forest Products — 0.1% |
| |||||||
34 | Louisiana-Pacific Corp. | 1,292 | ||||||
|
| |||||||
Personal Products — 0.0% |
| |||||||
1 | Estee Lauder Cos., Inc. (The), Class A | 237 | ||||||
|
| |||||||
Pharmaceuticals — 0.9% |
| |||||||
21 | Bristol-Myers Squibb Co. | 1,290 | ||||||
7 | Eli Lilly & Co. | 1,456 | ||||||
11 | Jazz Pharmaceuticals PLC(a) | 1,710 | ||||||
65 | Merck & Co., Inc. | 5,010 | ||||||
77 | Novartis AG, Sponsored ADR | 6,966 | ||||||
24 | Novo Nordisk A/S, Sponsored ADR | 1,670 | ||||||
10 | Perrigo Co. PLC | 427 | ||||||
52 | Pfizer, Inc. | 1,867 | ||||||
136 | Roche Holding AG, Sponsored ADR | 5,904 | ||||||
2 | Zoetis, Inc. | 309 | ||||||
|
| |||||||
26,609 | ||||||||
|
| |||||||
Professional Services — 0.2% |
| |||||||
21 | Exponent, Inc. | $ | 1,734 | |||||
2 | IHS Markit Ltd. | 174 | ||||||
8 | Insperity, Inc. | 628 | ||||||
21 | Korn Ferry | 958 | ||||||
13 | ManpowerGroup, Inc. | 1,150 | ||||||
9 | Nielsen Holdings PLC | 201 | ||||||
|
| |||||||
4,845 | ||||||||
|
| |||||||
Real Estate Management & Development — 0.1% |
| |||||||
41 | CBRE Group, Inc., Class A(a) | 2,500 | ||||||
11 | Jones Lang LaSalle, Inc.(a) | 1,608 | ||||||
|
| |||||||
4,108 | ||||||||
|
| |||||||
REITs – Apartments — 0.2% |
| |||||||
38 | American Campus Communities, Inc. | 1,564 | ||||||
25 | Camden Property Trust | 2,554 | ||||||
11 | Equity Residential | 678 | ||||||
|
| |||||||
4,796 | ||||||||
|
| |||||||
REITs – Diversified — 0.1% |
| |||||||
11 | American Tower Corp. | 2,501 | ||||||
2 | Crown Castle International Corp. | 319 | ||||||
18 | Weyerhaeuser Co. | 561 | ||||||
|
| |||||||
3,381 | ||||||||
|
| |||||||
REITs – Health Care — 0.0% |
| |||||||
10 | Ventas, Inc. | 461 | ||||||
4 | Welltower, Inc. | 242 | ||||||
|
| |||||||
703 | ||||||||
|
| |||||||
REITs – Hotels — 0.1% |
| |||||||
30 | Host Hotels & Resorts, Inc. | 407 | ||||||
111 | Park Hotels & Resorts, Inc. | 1,851 | ||||||
|
| |||||||
2,258 | ||||||||
|
| |||||||
REITs – Mortgage — 0.1% |
| |||||||
51 | Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 3,017 | ||||||
|
| |||||||
REITs – Office Property — 0.2% |
| |||||||
1 | Boston Properties, Inc. | 91 | ||||||
57 | Corporate Office Properties Trust | 1,497 | ||||||
64 | Douglas Emmett, Inc. | 1,773 | ||||||
86 | Easterly Government Properties, Inc. | 1,888 | ||||||
28 | Kilroy Realty Corp. | 1,586 | ||||||
|
| |||||||
6,835 | ||||||||
|
| |||||||
REITs – Shopping Centers — 0.1% |
| |||||||
153 | Brixmor Property Group, Inc. | 2,590 | ||||||
|
| |||||||
REITs – Storage — 0.0% |
| |||||||
7 | Iron Mountain, Inc. | 236 | ||||||
|
| |||||||
REITs – Warehouse/Industrials — 0.1% |
| |||||||
18 | CyrusOne, Inc. | 1,313 | ||||||
19 | ProLogis, Inc. | 1,961 | ||||||
|
| |||||||
3,274 | ||||||||
|
| |||||||
Road & Rail — 0.2% |
| |||||||
7 | CSX Corp. | 600 | ||||||
8 | Norfolk Southern Corp. | 1,893 | ||||||
16 | Ryder System, Inc. | 1,002 | ||||||
6 | Union Pacific Corp. | 1,185 | ||||||
|
| |||||||
4,680 | ||||||||
|
| |||||||
Semiconductors & Semiconductor Equipment — 1.9% |
| |||||||
14 | Advanced Micro Devices, Inc.(a) | 1,199 | ||||||
3 | Analog Devices, Inc. | 442 | ||||||
8 | Applied Materials, Inc. | 773 | ||||||
22 | Cirrus Logic, Inc.(a) | 2,061 |
See accompanying notes to financial statements.
33 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2020 Fund – (continued)
Shares | Description | Value (†) | ||||||
Semiconductors & Semiconductor Equipment — continued |
| |||||||
37 | Cree, Inc.(a) | $ | 3,740 | |||||
12 | Enphase Energy, Inc.(a) | 2,188 | ||||||
46 | First Solar, Inc.(a) | 4,561 | ||||||
29 | Ichor Holdings Ltd.(a) | 1,047 | ||||||
50 | Intel Corp. | 2,776 | ||||||
2 | Lam Research Corp. | 968 | ||||||
3 | Micron Technology, Inc.(a) | 235 | ||||||
34 | NVIDIA Corp. | 17,666 | ||||||
54 | QUALCOMM, Inc. | 8,439 | ||||||
17 | Silicon Laboratories, Inc.(a) | 2,230 | ||||||
19 | Texas Instruments, Inc. | 3,148 | ||||||
9 | Universal Display Corp. | 2,077 | ||||||
3 | Xilinx, Inc. | 392 | ||||||
|
| |||||||
53,942 | ||||||||
|
| |||||||
Software — 2.6% |
| |||||||
9 | Adobe, Inc.(a) | 4,129 | ||||||
9 | ANSYS, Inc.(a) | 3,189 | ||||||
44 | Autodesk, Inc.(a) | 12,207 | ||||||
13 | Blackbaud, Inc. | 864 | ||||||
18 | Bottomline Technologies, Inc.(a) | 860 | ||||||
3 | Citrix Systems, Inc. | 400 | ||||||
6 | Fair Isaac Corp.(a) | 2,701 | ||||||
58 | Microsoft Corp. | 13,454 | ||||||
11 | NortonLifeLock, Inc. | 232 | ||||||
173 | Oracle Corp. | 10,454 | ||||||
11 | Paylocity Holding Corp.(a) | 2,062 | ||||||
15 | PTC, Inc.(a) | 1,994 | ||||||
11 | Qualys, Inc.(a) | 1,523 | ||||||
42 | salesforce.com, Inc.(a) | 9,474 | ||||||
18 | SPS Commerce, Inc.(a) | 1,780 | ||||||
44 | Workday, Inc., Class A(a) | 10,011 | ||||||
|
| |||||||
75,334 | ||||||||
|
| |||||||
Specialty Retail — 0.7% |
| |||||||
38 | American Eagle Outfitters, Inc. | 862 | ||||||
14 | Asbury Automotive Group, Inc.(a) | 1,997 | ||||||
1 | AutoZone, Inc.(a) | 1,118 | ||||||
9 | Best Buy Co., Inc. | 979 | ||||||
7 | Five Below, Inc.(a) | 1,230 | ||||||
18 | Gap, Inc. (The)(a) | 365 | ||||||
21 | Home Depot, Inc. (The) | 5,687 | ||||||
10 | Lithia Motors, Inc., Class A | 3,187 | ||||||
4 | Lowe’s Cos., Inc. | 667 | ||||||
11 | Monro, Inc. | 643 | ||||||
2 | TJX Cos., Inc. (The) | 128 | ||||||
2 | Ulta Beauty, Inc.(a) | 560 | ||||||
14 | Williams-Sonoma, Inc. | 1,805 | ||||||
|
| |||||||
19,228 | ||||||||
|
| |||||||
Technology Hardware, Storage & Peripherals — 0.4% |
| |||||||
320 | Hewlett Packard Enterprise Co. | 3,949 | ||||||
197 | HP, Inc. | 4,795 | ||||||
36 | NCR Corp.(a) | 1,201 | ||||||
4 | Seagate Technology PLC | 264 | ||||||
|
| |||||||
10,209 | ||||||||
|
| |||||||
Textiles, Apparel & Luxury Goods — 0.3% |
| |||||||
8 | Deckers Outdoor Corp.(a) | 2,336 | ||||||
246 | Under Armour, Inc., Class A(a) | 4,305 | ||||||
22 | VF Corp. | 1,691 | ||||||
33 | Wolverine World Wide, Inc. | 945 | ||||||
|
| |||||||
9,277 | ||||||||
|
| |||||||
Thrifts & Mortgage Finance — 0.1% |
| |||||||
47 | Mr. Cooper Group, Inc.(a) | 1,280 | ||||||
Thrifts & Mortgage Finance — continued |
| |||||||
124 | New York Community Bancorp, Inc. | $ | 1,297 | |||||
|
| |||||||
2,577 | ||||||||
|
| |||||||
Trading Companies & Distributors — 0.0% |
| |||||||
11 | GATX Corp. | 1,021 | ||||||
|
| |||||||
Water Utilities — 0.2% |
| |||||||
10 | American Water Works Co., Inc. | 1,590 | ||||||
81 | Essential Utilities, Inc. | 3,750 | ||||||
|
| |||||||
5,340 | ||||||||
|
| |||||||
Wireless Telecommunication Services — 0.1% |
| |||||||
24 | Shenandoah Telecommunications Co. | 933 | ||||||
21 | T-Mobile US, Inc.(a) | 2,648 | ||||||
|
| |||||||
3,581 | ||||||||
|
| |||||||
Total Common Stocks (Identified Cost $910,181) | 1,072,581 | |||||||
|
| |||||||
Principal Amount | ||||||||
Bonds and Notes — 18.9% | ||||||||
Automotive — 0.4% |
| |||||||
$ | 5,000 | General Motors Financial Co., Inc., 4.350%, 1/17/2027 | 5,727 | |||||
5,000 | Toyota Motor Credit Corp., MTN, 2.600%, 1/11/2022 | 5,106 | ||||||
|
| |||||||
10,833 | ||||||||
|
| |||||||
Banking — 2.6% |
| |||||||
5,000 | American Express Co., 3.700%, 8/03/2023 | 5,397 | ||||||
5,000 | Bank of America Corp., (fixed rate to 1/20/2022, variable rate thereafter), MTN, 3.124%, 1/20/2023 | 5,130 | ||||||
4,000 | Bank of New York Mellon Corp. (The), Series 12, MTN, 3.650%, 2/04/2024 | 4,374 | ||||||
2,000 | Bank of Nova Scotia (The), 3.400%, 2/11/2024 | 2,174 | ||||||
5,000 | BNP Paribas S.A., MTN, 3.250%, 3/03/2023 | 5,311 | ||||||
3,000 | Capital One Financial Corp., 3.300%, 10/30/2024 | 3,272 | ||||||
4,000 | Citigroup, Inc., 4.600%, 3/09/2026 | 4,640 | ||||||
2,000 | Cooperatieve Rabobank UA, 3.875%, 2/08/2022 | 2,074 | ||||||
5,000 | Goldman Sachs Group, Inc. (The), 3.750%, 5/22/2025 | 5,567 | ||||||
5,000 | JPMorgan Chase & Co., (fixed rate to 3/01/2024, variable rate thereafter), 3.220%, 3/01/2025 | 5,388 | ||||||
5,000 | KeyCorp, MTN, 2.550%, 10/01/2029 | 5,332 | ||||||
4,000 | Morgan Stanley, Series F, 3.875%, 4/29/2024 | 4,415 | ||||||
5,000 | PNC Financial Services Group, Inc. (The), 2.600%, 7/23/2026 | 5,456 | ||||||
2,000 | Royal Bank of Canada, GMTN, 2.550%, 7/16/2024 | 2,137 | ||||||
2,000 | Santander Holdings USA, Inc., 3.500%, 6/07/2024 | 2,162 | ||||||
4,000 | Truist Bank, 3.200%, 4/01/2024 | 4,337 | ||||||
4,000 | Wells Fargo & Co., MTN, 3.000%, 2/19/2025 | 4,326 | ||||||
5,000 | Westpac Banking Corp., 2.350%, 2/19/2025 | 5,340 | ||||||
|
| |||||||
76,832 | ||||||||
|
| |||||||
Brokerage — 0.3% |
| |||||||
5,000 | BlackRock, Inc., 2.400%, 4/30/2030 | 5,373 | ||||||
5,000 | Intercontinental Exchange, Inc., 3.000%, 6/15/2050 | 5,117 | ||||||
|
| |||||||
10,490 | ||||||||
|
| |||||||
Cable Satellite — 0.2% |
| |||||||
5,000 | Comcast Corp., 3.000%, 2/01/2024 | 5,376 | ||||||
|
| |||||||
Construction Machinery — 0.3% |
| |||||||
6,000 | Caterpillar Financial Services Corp., 0.650%, 7/07/2023 | 6,045 | ||||||
4,000 | John Deere Capital Corp., MTN, 2.650%, 1/06/2022 | 4,089 | ||||||
|
| |||||||
10,134 | ||||||||
|
| |||||||
Consumer Cyclical Services — 0.2% |
| |||||||
2,000 | Amazon.com, Inc., 3.875%, 8/22/2037 | 2,435 | ||||||
5,000 | eBay, Inc., 3.800%, 3/09/2022 | 5,174 | ||||||
|
| |||||||
7,609 | ||||||||
|
|
See accompanying notes to financial statements.
| 34
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2020 Fund – (continued)
Principal Amount | Description | Value (†) | ||||||
Electric — 0.8% |
| |||||||
$ | 5,000 | Duke Energy Corp., 3.750%, 4/15/2024 | $ | 5,463 | ||||
5,000 | Entergy Corp., 0.900%, 9/15/2025 | 4,991 | ||||||
2,000 | Exelon Corp., 4.050%, 4/15/2030 | 2,339 | ||||||
5,000 | NextEra Energy Capital Holdings, Inc., 2.250%, 6/01/2030 | 5,176 | ||||||
5,000 | Virginia Electric & Power Co., Series A, 3.150%, 1/15/2026 | 5,511 | ||||||
|
| |||||||
23,480 | ||||||||
|
| |||||||
Finance Companies — 0.1% |
| |||||||
2,000 | Ares Capital Corp., 3.250%, 7/15/2025 | 2,115 | ||||||
|
| |||||||
Financial Other — 0.2% |
| |||||||
5,000 | ORIX Corp., 2.900%, 7/18/2022 | 5,171 | ||||||
|
| |||||||
Food & Beverage — 0.5% |
| |||||||
5,000 | Coca-Cola Co. (The), 1.450%, 6/01/2027 | 5,119 | ||||||
5,000 | General Mills, Inc., 4.000%, 4/17/2025 | 5,633 | ||||||
5,000 | Mondelez International, Inc., 2.750%, 4/13/2030 | 5,404 | ||||||
|
| |||||||
16,156 | ||||||||
|
| |||||||
Government Owned – No Guarantee — 0.4% |
| |||||||
8,000 | Federal National Mortgage Association, 6.625%, 11/15/2030 | 11,981 | ||||||
|
| |||||||
Health Insurance — 0.3% |
| |||||||
4,000 | Anthem, Inc., 4.101%, 3/01/2028 | 4,676 | ||||||
4,000 | UnitedHealth Group, Inc., 5.800%, 3/15/2036 | 5,801 | ||||||
|
| |||||||
10,477 | ||||||||
|
| |||||||
Healthcare — 0.5% |
| |||||||
2,000 | Cigna Corp., 3.750%, 7/15/2023 | 2,158 | ||||||
3,000 | CVS Health Corp., 4.300%, 3/25/2028 | 3,524 | ||||||
2,000 | DH Europe Finance II S.a.r.l., 2.200%, 11/15/2024 | 2,120 | ||||||
4,000 | McKesson Corp., 3.950%, 2/16/2028 | 4,620 | ||||||
2,000 | Quest Diagnostics, Inc., 2.950%, 6/30/2030 | 2,200 | ||||||
|
| |||||||
14,622 | ||||||||
|
| |||||||
Independent Energy — 0.2% |
| |||||||
5,000 | EQT Corp., 3.000%, 10/01/2022 | 5,078 | ||||||
|
| |||||||
Integrated Energy — 0.5% |
| |||||||
5,000 | BP Capital Markets PLC, 3.814%, 2/10/2024 | 5,476 | ||||||
5,000 | Exxon Mobil Corp., 2.992%, 3/19/2025 | 5,435 | ||||||
3,000 | Shell International Finance BV, 6.375%, 12/15/2038 | 4,542 | ||||||
|
| |||||||
15,453 | ||||||||
|
| |||||||
Life Insurance — 0.1% |
| |||||||
2,000 | Brighthouse Financial, Inc., 3.700%, 6/22/2027 | 2,204 | ||||||
|
| |||||||
Media Entertainment — 0.1% |
| |||||||
2,000 | ViacomCBS, Inc., 4.750%, 5/15/2025 | 2,307 | ||||||
|
| |||||||
Midstream — 0.4% |
| |||||||
5,000 | Energy Transfer Operating LP, 4.050%, 3/15/2025 | 5,454 | ||||||
5,000 | Kinder Morgan Energy Partners LP, 4.150%, 2/01/2024 | 5,457 | ||||||
|
| |||||||
10,911 | ||||||||
|
| |||||||
Mortgage Related — 2.9% |
| |||||||
2,288 | FHLMC, 3.000%, 6/01/2049 | 2,405 | ||||||
4,912 | FNMA, 2.000%, 9/01/2050 | 5,075 | ||||||
30,830 | FNMA, 2.500%, with various maturities from 2050 to 2051(b) | 32,472 | ||||||
17,841 | FNMA, 3.000%, with various maturities from 2035 to 2050(b) | 18,812 | ||||||
16,475 | FNMA, 3.500%, with various maturities in 2049(b) | 17,701 | ||||||
3,801 | FNMA, 4.000%, 3/01/2050 | 4,072 | ||||||
3,938 | FNMA, 4.500%, with various maturities in 2049(b) | 4,280 | ||||||
|
| |||||||
84,817 | ||||||||
|
| |||||||
Natural Gas — 0.2% |
| |||||||
$ | 5,000 | NiSource, Inc., 0.950%, 8/15/2025 | $ | 5,006 | ||||
|
| |||||||
Oil Field Services — 0.2% |
| |||||||
5,000 | Baker Hughes a GE Co. LLC/Baker Hughes Co-Obligor, Inc., 2.773%, 12/15/2022 | 5,208 | ||||||
|
| |||||||
Pharmaceuticals — 0.5% |
| |||||||
5,000 | AbbVie, Inc., 3.600%, 5/14/2025 | 5,542 | ||||||
3,000 | Amgen, Inc., 2.650%, 5/11/2022 | 3,086 | ||||||
5,000 | Johnson & Johnson, 1.300%, 9/01/2030 | 4,932 | ||||||
|
| |||||||
13,560 | ||||||||
|
| |||||||
Property & Casualty Insurance — 0.2% |
| |||||||
5,000 | American International Group, Inc., 3.400%, 6/30/2030 | 5,580 | ||||||
|
| |||||||
Railroads — 0.2% |
| |||||||
5,000 | CSX Corp., 2.600%, 11/01/2026 | 5,443 | ||||||
|
| |||||||
REITs – Office Property — 0.1% |
| |||||||
2,000 | Boston Properties LP, 2.750%, 10/01/2026 | 2,166 | ||||||
|
| |||||||
Restaurants — 0.2% |
| |||||||
5,000 | Starbucks Corp., 2.250%, 3/12/2030 | 5,208 | ||||||
|
| |||||||
Technology — 1.3% |
| |||||||
5,000 | Apple, Inc., 2.500%, 2/09/2025 | 5,378 | ||||||
2,000 | Broadcom, Inc., 4.110%, 9/15/2028 | 2,258 | ||||||
4,000 | HP, Inc., 3.000%, 6/17/2027 | 4,385 | ||||||
2,000 | Intel Corp., 2.450%, 11/15/2029 | 2,141 | ||||||
5,000 | International Business Machines Corp., 4.000%, 6/20/2042 | 5,981 | ||||||
2,000 | NVIDIA Corp., 2.850%, 4/01/2030 | 2,204 | ||||||
5,000 | Oracle Corp., 2.950%, 5/15/2025 | 5,438 | ||||||
5,000 | QUALCOMM, Inc., 1.650%, 5/20/2032 | 4,926 | ||||||
5,000 | VMware, Inc., 2.950%, 8/21/2022 | 5,180 | ||||||
|
| |||||||
37,891 | ||||||||
|
| |||||||
Treasuries — 4.6% |
| |||||||
5,000 | U.S. Treasury Bond, 2.500%, 5/15/2046 | 5,738 | ||||||
13,000 | U.S. Treasury Bond, 2.875%, 11/15/2046 | 15,962 | ||||||
13,000 | U.S. Treasury Bond, 3.000%, 5/15/2045 | 16,231 | ||||||
5,000 | U.S. Treasury Bond, 3.000%, 2/15/2048 | 6,303 | ||||||
12,000 | U.S. Treasury Bond, 3.000%, 2/15/2049 | 15,192 | ||||||
3,000 | U.S. Treasury Bond, 4.250%, 11/15/2040 | 4,364 | ||||||
3,000 | U.S. Treasury Bond, 4.375%, 5/15/2041 | 4,449 | ||||||
2,000 | U.S. Treasury Bond, 4.500%, 2/15/2036 | 2,864 | ||||||
11,000 | U.S. Treasury Note, 0.375%, 11/30/2025 | 10,983 | ||||||
23,000 | U.S. Treasury Note, 1.625%, 8/31/2022 | 23,547 | ||||||
28,000 | U.S. Treasury Note, 2.125%, 12/31/2022 | 29,071 | ||||||
|
| |||||||
134,704 | ||||||||
|
| |||||||
Wireless — 0.2% |
| |||||||
4,000 | Vodafone Group PLC, 6.150%, 2/27/2037 | 5,587 | ||||||
|
| |||||||
Wirelines — 0.2% |
| |||||||
5,000 | Verizon Communications, Inc., 3-month LIBOR + 1.100%, 1.321%, 5/15/2025(c) | 5,145 | ||||||
|
| |||||||
Total Bonds and Notes (Identified Cost $548,189) | 551,544 | |||||||
|
| |||||||
Shares | ||||||||
Exchange-Traded Funds — 4.8% | ||||||||
1,922 | iShares® ESG Aware MSCI EAFE ETF (Identified Cost $121,105) | 139,037 | ||||||
|
| |||||||
Affiliated Mutual Funds — 39.0% | ||||||||
20,279 | Loomis Sayles Inflation Protected Securities Fund, Class N | 243,143 |
See accompanying notes to financial statements.
35 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2020 Fund – (continued)
Shares | Description | Value (†) | ||||||
Affiliated Mutual Funds – continued | ||||||||
24,503 | Loomis Sayles Limited Term Government and Agency Fund, Class N | $ | 282,763 | |||||
25,077 | Mirova Global Green Bond Fund, Class N | 269,329 | ||||||
10,189 | Mirova International Sustainable Equity Fund, Class N | 138,776 | ||||||
3,105 | WCM Focused Emerging Markets Fund, Institutional Class | 62,277 | ||||||
5,597 | WCM Focused International Growth Fund, Institutional Class | 137,899 | ||||||
|
| |||||||
Total Affiliated Mutual Funds (Identified Cost $1,080,892) | 1,134,187 | |||||||
|
| |||||||
Principal Amount | ||||||||
Short-Term Investments — 1.9% | ||||||||
$ | 54,858 | Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 1/29/2021 at 0.000% to be repurchased at $54,858 on 2/01/2021 collateralized by $53,000 U.S. Treasury Note, 2.750% due 5/31/2023 valued at $56,451 including accrued interest (Note 2 of Notes to Financial Statements) (Identified Cost $54,858) | 54,858 | |||||
|
| |||||||
Total Investments — 101.4% (Identified Cost $2,715,225) | 2,952,207 | |||||||
Other assets less liabilities — (1.4)% | (39,845 | ) | ||||||
|
| |||||||
Net Assets — 100.0% | $ | 2,912,362 | ||||||
|
| |||||||
(†) | See Note 2 of Notes to Financial Statements. |
| ||||||
(a) | Non-income producing security. |
| ||||||
(b) | The Fund’s investment in mortgage related securities of Federal National Mortgage Association are interests in separate pools of mortgages. All separate investments in securities of each issuer which have the same coupon rate have been aggregated for the purpose of presentation in the Portfolio of Investments. |
| ||||||
(c) | Variable rate security. Rate as of January 31, 2021 is disclosed. |
| ||||||
ADR | An American Depositary Receipt is a certificate issued by a custodian bank representing the right to receive securities of the foreign issuer described. The values of ADRs may be significantly influenced by trading on exchanges not located in the United States. |
| ||||||
ETF | Exchange-Traded Fund |
| ||||||
FHLMC | Federal Home Loan Mortgage Corp. |
| ||||||
FNMA | Federal National Mortgage Association |
| ||||||
GMTN | Global Medium Term Note |
| ||||||
LIBOR | London Interbank Offered Rate |
| ||||||
MTN | Medium Term Note |
| ||||||
REITs | Real Estate Investment Trusts |
|
Asset Allocation Summary at January 31, 2021
Equity | 53.2 | % | ||
Fixed Income | 46.3 | |||
Short-Term Investments | 1.9 | |||
|
| |||
Total Investments | 101.4 | |||
Other assets less liabilities | (1.4 | ) | ||
|
| |||
Net Assets | 100.0 | % | ||
|
|
See accompanying notes to financial statements.
| 36
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2025 Fund
Shares | Description | Value (†) | ||||||
Common Stocks — 39.2% of Net Assets | ||||||||
Aerospace & Defense — 0.6% |
| |||||||
24 | Axon Enterprise, Inc.(a) | $ | 3,940 | |||||
133 | Boeing Co. (The) | 25,827 | ||||||
53 | General Dynamics Corp. | 7,774 | ||||||
4 | L3Harris Technologies, Inc. | 686 | ||||||
36 | Moog, Inc., Class A | 2,659 | ||||||
53 | Raytheon Technologies Corp. | 3,537 | ||||||
|
| |||||||
44,423 | ||||||||
|
| |||||||
Air Freight & Logistics — 0.3% |
| |||||||
222 | Expeditors International of Washington, Inc. | 19,873 | ||||||
29 | United Parcel Service, Inc., Class B | 4,495 | ||||||
|
| |||||||
24,368 | ||||||||
|
| |||||||
Airlines — 0.1% |
| |||||||
13 | Alaska Air Group, Inc. | 635 | ||||||
44 | Delta Air Lines, Inc. | 1,670 | ||||||
352 | JetBlue Airways Corp.(a) | 5,048 | ||||||
|
| |||||||
7,353 | ||||||||
|
| |||||||
Auto Components — 0.3% |
| |||||||
111 | Aptiv PLC | 14,830 | ||||||
13 | BorgWarner, Inc. | 546 | ||||||
237 | Dana, Inc. | 4,588 | ||||||
29 | Visteon Corp.(a) | 3,697 | ||||||
|
| |||||||
23,661 | ||||||||
|
| |||||||
Automobiles — 0.3% |
| |||||||
390 | General Motors Co. | 19,765 | ||||||
30 | Thor Industries, Inc. | 3,630 | ||||||
|
| |||||||
23,395 | ||||||||
|
| |||||||
Banks — 1.9% |
| |||||||
92 | Ameris Bancorp | 3,598 | ||||||
152 | BancorpSouth Bank | 4,203 | ||||||
704 | Bank of America Corp. | 20,874 | ||||||
348 | Citigroup, Inc. | 20,180 | ||||||
106 | Citizens Financial Group, Inc. | 3,863 | ||||||
125 | Columbia Banking System, Inc. | 4,815 | ||||||
8 | Comerica, Inc. | 458 | ||||||
74 | Cullen/Frost Bankers, Inc. | 6,826 | ||||||
52 | Fifth Third Bancorp | 1,504 | ||||||
288 | Fulton Financial Corp. | 3,859 | ||||||
76 | Huntington Bancshares, Inc. | 1,005 | ||||||
135 | International Bancshares Corp. | 5,104 | ||||||
146 | KeyCorp | 2,461 | ||||||
27 | M&T Bank Corp. | 3,577 | ||||||
158 | People’s United Financial, Inc. | 2,158 | ||||||
57 | PNC Financial Services Group, Inc. (The) | 8,181 | ||||||
181 | Regions Financial Corp. | 3,079 | ||||||
123 | TCF Financial Corp. | 4,780 | ||||||
193 | Truist Financial Corp. | 9,260 | ||||||
210 | Trustmark Corp. | 5,769 | ||||||
101 | U.S. Bancorp | 4,328 | ||||||
353 | Wells Fargo & Co. | 10,548 | ||||||
61 | Wintrust Financial Corp. | 3,671 | ||||||
|
| |||||||
134,101 | ||||||||
|
| |||||||
Beverages — 1.0% |
| |||||||
143 | Coca-Cola Co. (The) | 6,885 | ||||||
75 | Constellation Brands, Inc., Class A | 15,820 | ||||||
301 | Keurig Dr Pepper, Inc. | 9,572 | ||||||
360 | Monster Beverage Corp.(a) | 31,259 | ||||||
52 | PepsiCo, Inc. | 7,101 | ||||||
|
| |||||||
70,637 | ||||||||
|
| |||||||
Biotechnology — 0.8% |
| |||||||
40 | AbbVie, Inc. | 4,099 | ||||||
36 | Amgen, Inc. | 8,691 | ||||||
11 | Biogen, Inc.(a) | 3,109 | ||||||
93 | BioMarin Pharmaceutical, Inc.(a) | 7,699 | ||||||
87 | Gilead Sciences, Inc. | 5,707 | ||||||
17 | Ligand Pharmaceuticals, Inc.(a) | 3,151 | ||||||
54 | Regeneron Pharmaceuticals, Inc.(a) | 27,207 | ||||||
|
| |||||||
59,663 | ||||||||
|
| |||||||
Building Products — 0.2% |
| |||||||
31 | Carrier Global Corp. | 1,194 | ||||||
28 | Johnson Controls International PLC | 1,395 | ||||||
21 | Lennox International, Inc. | 5,785 | ||||||
65 | Owens Corning | 5,044 | ||||||
42 | Trex Co., Inc.(a) | 3,854 | ||||||
|
| |||||||
17,272 | ||||||||
|
| |||||||
Capital Markets — 2.4% |
| |||||||
9 | Ameriprise Financial, Inc. | 1,781 | ||||||
551 | Bank of New York Mellon Corp. (The) | 21,946 | ||||||
7 | BlackRock, Inc. | 4,909 | ||||||
410 | Charles Schwab Corp. (The) | 21,131 | ||||||
13 | CME Group, Inc. | 2,363 | ||||||
49 | FactSet Research Systems, Inc. | 14,815 | ||||||
41 | Franklin Resources, Inc. | 1,078 | ||||||
56 | Goldman Sachs Group, Inc. (The) | 15,185 | ||||||
23 | Intercontinental Exchange, Inc. | 2,538 | ||||||
14 | Invesco Ltd. | 288 | ||||||
118 | Janus Henderson Group PLC | 3,630 | ||||||
126 | KKR & Co., Inc. | 4,908 | ||||||
25 | Moody’s Corp. | 6,656 | ||||||
10 | Morgan Stanley | 670 | ||||||
26 | MSCI, Inc. | 10,278 | ||||||
99 | Northern Trust Corp. | 8,830 | ||||||
36 | S&P Global, Inc. | 11,412 | ||||||
195 | SEI Investments Co. | 10,306 | ||||||
382 | State Street Corp. | 26,740 | ||||||
4 | T. Rowe Price Group, Inc. | 626 | ||||||
|
| |||||||
170,090 | ||||||||
|
| |||||||
Chemicals — 0.4% |
| |||||||
5 | Air Products & Chemicals, Inc. | 1,334 | ||||||
20 | DuPont de Nemours, Inc. | 1,589 | ||||||
8 | Ecolab, Inc. | 1,636 | ||||||
64 | HB Fuller Co. | 3,257 | ||||||
42 | Innospec, Inc. | 3,687 | ||||||
36 | Linde PLC | 8,834 | ||||||
55 | Minerals Technologies, Inc. | 3,390 | ||||||
8 | PPG Industries, Inc. | 1,078 | ||||||
2 | Sherwin-Williams Co. (The) | 1,383 | ||||||
31 | Stepan Co. | 3,493 | ||||||
|
| |||||||
29,681 | ||||||||
|
| |||||||
Commercial Services & Supplies — 0.2% |
| |||||||
62 | Healthcare Services Group, Inc. | 2,010 | ||||||
30 | MSA Safety, Inc. | 4,684 | ||||||
4 | Republic Services, Inc. | 362 | ||||||
44 | Tetra Tech, Inc. | 5,349 | ||||||
9 | Waste Management, Inc. | 1,002 | ||||||
|
| |||||||
13,407 | ||||||||
|
| |||||||
Communications Equipment — 0.5% |
| |||||||
29 | Arista Networks, Inc.(a) | 8,919 | ||||||
78 | Ciena Corp.(a) | 4,165 | ||||||
373 | Cisco Systems, Inc. | 16,628 | ||||||
6 | F5 Networks, Inc.(a) | 1,176 |
See accompanying notes to financial statements.
37 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2025 Fund – (continued)
Shares | Description | Value (†) | ||||||
Communications Equipment — continued |
| |||||||
40 | Lumentum Holdings, Inc.(a) | $ | 3,752 | |||||
|
| |||||||
34,640 | ||||||||
|
| |||||||
Construction & Engineering — 0.1% |
| |||||||
136 | AECOM(a) | 6,813 | ||||||
147 | Fluor Corp. | 2,542 | ||||||
|
| |||||||
9,355 | ||||||||
|
| |||||||
Consumer Finance — 0.9% |
| |||||||
676 | Ally Financial, Inc. | 25,580 | ||||||
135 | American Express Co. | 15,695 | ||||||
230 | Capital One Financial Corp. | 23,980 | ||||||
33 | Green Dot Corp., Class A(a) | 1,658 | ||||||
30 | PROG Holdings, Inc. | 1,415 | ||||||
|
| |||||||
68,328 | ||||||||
|
| |||||||
Containers & Packaging — 0.1% |
| |||||||
45 | Ball Corp. | 3,961 | ||||||
29 | International Paper Co. | 1,459 | ||||||
187 | O-I Glass, Inc. | 2,364 | ||||||
|
| |||||||
7,784 | ||||||||
|
| |||||||
Distributors — 0.0% |
| |||||||
27 | Genuine Parts Co. | 2,535 | ||||||
|
| |||||||
Diversified Telecommunication Services — 0.2% |
| |||||||
159 | AT&T, Inc. | 4,552 | ||||||
913 | Lumen Technologies, Inc. | 11,303 | ||||||
|
| |||||||
15,855 | ||||||||
|
| |||||||
Electric Utilities — 0.5% |
| |||||||
89 | American Electric Power Co., Inc. | 7,201 | ||||||
160 | Edison International | 9,305 | ||||||
23 | Eversource Energy | 2,012 | ||||||
43 | IDACORP, Inc. | 3,797 | ||||||
149 | NextEra Energy, Inc. | 12,050 | ||||||
22 | PPL Corp. | 609 | ||||||
|
| |||||||
34,974 | ||||||||
|
| |||||||
Electrical Equipment — 0.5% |
| |||||||
18 | Acuity Brands, Inc. | 2,165 | ||||||
271 | Ballard Power Systems, Inc.(a) | 9,260 | ||||||
29 | Eaton Corp. PLC | 3,413 | ||||||
24 | Generac Holdings, Inc.(a) | 5,914 | ||||||
27 | Hubbell, Inc. | 4,201 | ||||||
25 | Rockwell Automation, Inc. | 6,213 | ||||||
39 | Sunrun, Inc.(a) | 2,702 | ||||||
|
| |||||||
33,868 | ||||||||
|
| |||||||
Electronic Equipment, Instruments & Components — 0.7% |
| |||||||
9 | Amphenol Corp., Class A | 1,124 | ||||||
66 | Avnet, Inc. | 2,330 | ||||||
77 | Cognex Corp. | 6,324 | ||||||
15 | Coherent, Inc.(a) | 3,013 | ||||||
22 | Corning, Inc. | 789 | ||||||
98 | Itron, Inc.(a) | 8,430 | ||||||
16 | Littelfuse, Inc. | 3,894 | ||||||
12 | Rogers Corp.(a) | 1,873 | ||||||
103 | TE Connectivity Ltd. | 12,401 | ||||||
92 | Trimble, Inc.(a) | 6,064 | ||||||
120 | Vishay Intertechnology, Inc. | 2,586 | ||||||
|
| |||||||
48,828 | ||||||||
|
| |||||||
Energy Equipment & Services — 0.3% |
| |||||||
581 | Archrock, Inc. | 5,153 | ||||||
80 | Baker Hughes Co. | 1,607 | ||||||
65 | NOV, Inc. | 805 | ||||||
475 | Schlumberger NV | 10,550 | ||||||
Energy Equipment & Services — continued |
| |||||||
45 | TechnipFMC PLC | 481 | ||||||
|
| |||||||
18,596 | ||||||||
|
| |||||||
Entertainment — 0.8% |
| |||||||
25 | Activision Blizzard, Inc. | 2,275 | ||||||
68 | Cinemark Holdings, Inc. | 1,377 | ||||||
51 | Electronic Arts, Inc. | 7,303 | ||||||
26 | Netflix, Inc.(a) | 13,842 | ||||||
211 | Walt Disney Co. (The)(a) | 35,484 | ||||||
|
| |||||||
60,281 | ||||||||
|
| |||||||
Food & Staples Retailing — 0.2% |
| |||||||
52 | BJ’s Wholesale Club Holdings, Inc.(a) | 2,188 | ||||||
52 | Kroger Co. (The) | 1,794 | ||||||
199 | SpartanNash Co. | 3,685 | ||||||
14 | Sysco Corp. | 1,001 | ||||||
45 | Walgreens Boots Alliance, Inc. | 2,261 | ||||||
|
| |||||||
10,929 | ||||||||
|
| |||||||
Food Products — 0.3% |
| |||||||
50 | Campbell Soup Co. | 2,405 | ||||||
12 | Conagra Brands, Inc. | 415 | ||||||
78 | Darling Ingredients, Inc.(a) | 4,837 | ||||||
36 | General Mills, Inc. | 2,092 | ||||||
85 | Hain Celestial Group, Inc. (The)(a) | 3,535 | ||||||
48 | Hormel Foods Corp. | 2,249 | ||||||
44 | Ingredion, Inc. | 3,321 | ||||||
11 | J.M. Smucker Co. (The) | 1,281 | ||||||
16 | Kellogg Co. | 943 | ||||||
8 | McCormick & Co., Inc. | 716 | ||||||
|
| |||||||
21,794 | ||||||||
|
| |||||||
Gas Utilities — 0.2% |
| |||||||
88 | New Jersey Resources Corp. | 3,081 | ||||||
50 | ONE Gas, Inc. | 3,656 | ||||||
78 | South Jersey Industries, Inc. | 1,802 | ||||||
106 | UGI Corp. | 3,815 | ||||||
|
| |||||||
12,354 | ||||||||
|
| |||||||
Health Care Equipment & Supplies — 0.8% |
| |||||||
42 | Abbott Laboratories | 5,191 | ||||||
9 | Baxter International, Inc. | 691 | ||||||
5 | Becton Dickinson & Co. | 1,309 | ||||||
24 | Boston Scientific Corp.(a) | 851 | ||||||
5 | Cooper Cos., Inc. (The) | 1,820 | ||||||
15 | Danaher Corp. | 3,568 | ||||||
11 | DENTSPLY SIRONA, Inc. | 588 | ||||||
43 | Edwards Lifesciences Corp.(a) | 3,551 | ||||||
37 | Globus Medical, Inc., Class A(a) | 2,282 | ||||||
19 | Haemonetics Corp.(a) | 2,171 | ||||||
43 | Hill-Rom Holdings, Inc. | 4,130 | ||||||
19 | Hologic, Inc.(a) | 1,515 | ||||||
12 | Intuitive Surgical, Inc.(a) | 8,972 | ||||||
31 | Medtronic PLC | 3,451 | ||||||
87 | Meridian Bioscience, Inc.(a) | 1,923 | ||||||
28 | Merit Medical Systems, Inc.(a) | 1,516 | ||||||
21 | Penumbra, Inc.(a) | 5,483 | ||||||
10 | Quidel Corp.(a) | 2,510 | ||||||
5 | STERIS PLC | 935 | ||||||
6 | Stryker Corp. | 1,326 | ||||||
5 | Varian Medical Systems, Inc.(a) | 878 | ||||||
|
| |||||||
54,661 | ||||||||
|
| |||||||
Health Care Providers & Services — 1.4% |
| |||||||
14 | Amedisys, Inc.(a) | 4,022 | ||||||
19 | Anthem, Inc. | 5,643 |
See accompanying notes to financial statements.
| 38
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2025 Fund – (continued)
Shares | Description | Value (†) | ||||||
Health Care Providers & Services — continued |
| |||||||
31 | BioTelemetry, Inc.(a) | $ | 2,215 | |||||
101 | Centene Corp.(a) | 6,090 | ||||||
10 | Chemed Corp. | 5,179 | ||||||
25 | Cigna Corp. | 5,426 | ||||||
155 | CVS Health Corp. | 11,106 | ||||||
42 | Encompass Health Corp. | 3,377 | ||||||
119 | HCA Healthcare, Inc. | 19,335 | ||||||
18 | Henry Schein, Inc.(a) | 1,185 | ||||||
43 | Humana, Inc. | 16,474 | ||||||
16 | Laboratory Corp. of America Holdings(a) | 3,662 | ||||||
171 | MEDNAX, Inc.(a) | 4,663 | ||||||
63 | Patterson Cos., Inc. | 1,996 | ||||||
24 | Quest Diagnostics, Inc. | 3,100 | ||||||
22 | UnitedHealth Group, Inc. | 7,339 | ||||||
|
| |||||||
100,812 | ||||||||
|
| |||||||
Health Care Technology — 0.3% |
| |||||||
154 | Allscripts Healthcare Solutions, Inc.(a) | 2,541 | ||||||
176 | Cerner Corp. | 14,100 | ||||||
65 | HMS Holdings Corp.(a) | 2,393 | ||||||
|
| |||||||
19,034 | ||||||||
|
| |||||||
Hotels, Restaurants & Leisure — 1.1% |
| |||||||
2 | Chipotle Mexican Grill, Inc.(a) | 2,960 | ||||||
41 | Dine Brands Global, Inc. | 2,819 | ||||||
129 | Hilton Worldwide Holdings, Inc. | 13,079 | ||||||
50 | Jack in the Box, Inc. | 4,707 | ||||||
438 | MGM Resorts International | 12,509 | ||||||
17 | Royal Caribbean Cruises Ltd. | 1,105 | ||||||
53 | Shake Shack, Inc., Class A(a) | 6,011 | ||||||
172 | Starbucks Corp. | 16,652 | ||||||
165 | Wendy’s Co. (The) | 3,366 | ||||||
173 | Yum China Holdings, Inc. | 9,811 | ||||||
64 | Yum! Brands, Inc. | 6,496 | ||||||
|
| |||||||
79,515 | ||||||||
|
| |||||||
Household Durables — 0.3% |
| |||||||
122 | KB Home | 5,080 | ||||||
92 | Meritage Homes Corp.(a) | 7,384 | ||||||
12 | Mohawk Industries, Inc.(a) | 1,723 | ||||||
165 | Taylor Morrison Home Corp.(a) | 4,287 | ||||||
|
| |||||||
18,474 | ||||||||
|
| |||||||
Household Products — 0.4% |
| |||||||
5 | Clorox Co. (The) | 1,047 | ||||||
173 | Colgate-Palmolive Co. | 13,494 | ||||||
94 | Kimberly-Clark Corp. | 12,418 | ||||||
|
| |||||||
26,959 | ||||||||
|
| |||||||
Independent Power & Renewable Electricity Producers — 0.4% |
| |||||||
58 | AES Corp. (The) | 1,415 | ||||||
95 | Boralex, Inc., Class A | 3,720 | ||||||
129 | NextEra Energy Partners LP | 10,514 | ||||||
57 | Ormat Technologies, Inc. | 6,507 | ||||||
85 | Sunnova Energy International, Inc.(a) | 3,727 | ||||||
|
| |||||||
25,883 | ||||||||
|
| |||||||
Industrial Conglomerates — 0.3% |
| |||||||
21 | Carlisle Cos., Inc. | 3,043 | ||||||
1,309 | General Electric Co. | 13,980 | ||||||
5 | Honeywell International, Inc. | 977 | ||||||
|
| |||||||
18,000 | ||||||||
|
| |||||||
Insurance — 1.1% |
| |||||||
15 | Aflac, Inc. | 678 | ||||||
27 | Allstate Corp. (The) | 2,894 | ||||||
364 | American International Group, Inc. | 13,628 | ||||||
Insurance — continued |
| |||||||
47 | Chubb Ltd. | 6,846 | ||||||
76 | First American Financial Corp. | 3,974 | ||||||
29 | Hanover Insurance Group, Inc. (The) | 3,262 | ||||||
108 | Hartford Financial Services Group, Inc. (The) | 5,186 | ||||||
12 | Lincoln National Corp. | 546 | ||||||
33 | Marsh & McLennan Cos., Inc. | 3,627 | ||||||
222 | MetLife, Inc. | 10,689 | ||||||
42 | Prudential Financial, Inc. | 3,288 | ||||||
184 | Reinsurance Group of America, Inc. | 19,329 | ||||||
22 | Travelers Cos., Inc. (The) | 2,999 | ||||||
|
| |||||||
76,946 | ||||||||
|
| |||||||
Interactive Media & Services — 1.9% |
| |||||||
19 | Alphabet, Inc., Class A(a) | 34,720 | ||||||
24 | Alphabet, Inc., Class C(a) | 44,058 | ||||||
214 | Facebook, Inc., Class A(a) | 55,282 | ||||||
|
| |||||||
134,060 | ||||||||
|
| |||||||
Internet & Direct Marketing Retail — 1.8% |
| |||||||
140 | Alibaba Group Holding Ltd., Sponsored ADR(a) | 35,536 | ||||||
15 | Amazon.com, Inc.(a) | 48,093 | ||||||
9 | Booking Holdings, Inc.(a) | 17,499 | ||||||
393 | eBay, Inc. | 22,208 | ||||||
7 | Etsy, Inc.(a) | 1,394 | ||||||
8 | Expedia Group, Inc. | 993 | ||||||
502 | Qurate Retail, Inc., Class A | 6,325 | ||||||
|
| |||||||
132,048 | ||||||||
|
| |||||||
IT Services — 1.9% |
| |||||||
44 | Accenture PLC, Class A | 10,645 | ||||||
82 | Akamai Technologies, Inc.(a) | 9,104 | ||||||
107 | Automatic Data Processing, Inc. | 17,668 | ||||||
35 | Cognizant Technology Solutions Corp., Class A | 2,728 | ||||||
474 | DXC Technology Co. | 13,367 | ||||||
65 | Fiserv, Inc.(a) | 6,675 | ||||||
84 | Gartner, Inc.(a) | 12,760 | ||||||
62 | MasterCard, Inc., Class A | 19,610 | ||||||
19 | Paychex, Inc. | 1,659 | ||||||
209 | Sabre Corp. | 2,253 | ||||||
10 | VeriSign, Inc.(a) | 1,941 | ||||||
195 | Visa, Inc., Class A | 37,684 | ||||||
20 | WEX, Inc.(a) | 3,772 | ||||||
|
| |||||||
139,866 | ||||||||
|
| |||||||
Leisure Products — 0.0% |
| |||||||
82 | Callaway Golf Co. | 2,287 | ||||||
|
| |||||||
Life Sciences Tools & Services — 0.6% |
| |||||||
15 | Agilent Technologies, Inc. | 1,802 | ||||||
47 | Illumina, Inc.(a) | 20,043 | ||||||
8 | IQVIA Holdings, Inc.(a) | 1,422 | ||||||
85 | NeoGenomics, Inc.(a) | 4,507 | ||||||
38 | Repligen Corp.(a) | 7,600 | ||||||
8 | Thermo Fisher Scientific, Inc. | 4,078 | ||||||
6 | Waters Corp.(a) | 1,588 | ||||||
|
| |||||||
41,040 | ||||||||
|
| |||||||
Machinery — 1.6% |
| |||||||
51 | AGCO Corp. | 5,656 | ||||||
122 | Caterpillar, Inc. | 22,306 | ||||||
51 | Cummins, Inc. | 11,955 | ||||||
124 | Deere & Co. | 35,811 | ||||||
34 | Flowserve Corp. | 1,209 | ||||||
9 | Illinois Tool Works, Inc. | 1,748 | ||||||
68 | ITT, Inc. | 5,080 | ||||||
94 | Kennametal, Inc. | 3,561 | ||||||
53 | Oshkosh Corp. | 4,854 |
See accompanying notes to financial statements.
39 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2025 Fund – (continued)
Shares | Description | Value (†) | ||||||
Machinery — continued |
| |||||||
55 | Parker-Hannifin Corp. | $ | 14,554 | |||||
15 | Proto Labs, Inc.(a) | 3,177 | ||||||
67 | Terex Corp. | 2,396 | ||||||
59 | Toro Co. (The) | 5,561 | ||||||
|
| |||||||
117,868 | ||||||||
|
| |||||||
Media — 1.0% |
| |||||||
4 | Cable One, Inc. | 8,000 | ||||||
27 | Charter Communications, Inc., Class A(a) | 16,404 | ||||||
593 | Comcast Corp., Class A | 29,395 | ||||||
93 | Discovery, Inc., Series A(a) | 3,852 | ||||||
17 | Discovery, Inc., Series C(a) | 595 | ||||||
64 | Fox Corp., Class A | 1,996 | ||||||
51 | Interpublic Group of Cos., Inc. (The) | 1,228 | ||||||
80 | New York Times Co. (The), Class A | 3,967 | ||||||
63 | News Corp., Class A | 1,222 | ||||||
65 | Omnicom Group, Inc. | 4,055 | ||||||
|
| |||||||
70,714 | ||||||||
|
| |||||||
Metals & Mining — 0.2% |
| |||||||
234 | Cleveland-Cliffs, Inc. | 3,590 | ||||||
108 | Commercial Metals Co. | 2,126 | ||||||
8 | Nucor Corp. | 390 | ||||||
52 | Reliance Steel & Aluminum Co. | 6,036 | ||||||
33 | Royal Gold, Inc. | 3,527 | ||||||
|
| |||||||
15,669 | ||||||||
|
| |||||||
Multi-Utilities — 0.1% |
| |||||||
50 | Consolidated Edison, Inc. | 3,539 | ||||||
21 | DTE Energy Co. | 2,493 | ||||||
29 | Sempra Energy | 3,589 | ||||||
11 | WEC Energy Group, Inc. | 978 | ||||||
|
| |||||||
10,599 | ||||||||
|
| |||||||
Multiline Retail — 0.1% |
| |||||||
275 | Macy’s, Inc. | 4,136 | ||||||
33 | Target Corp. | 5,979 | ||||||
|
| |||||||
10,115 | ||||||||
|
| |||||||
Oil, Gas & Consumable Fuels — 0.7% |
| |||||||
718 | Apache Corp. | 10,253 | ||||||
122 | ConocoPhillips | 4,884 | ||||||
68 | Devon Energy Corp. | 1,119 | ||||||
131 | Diamondback Energy, Inc. | 7,426 | ||||||
307 | EOG Resources, Inc. | 15,645 | ||||||
111 | EQT Corp. | 1,810 | ||||||
89 | Kinder Morgan, Inc. | 1,253 | ||||||
240 | Marathon Oil Corp. | 1,738 | ||||||
54 | ONEOK, Inc. | 2,151 | ||||||
426 | Southwestern Energy Co.(a) | 1,606 | ||||||
39 | Valero Energy Corp. | 2,201 | ||||||
76 | World Fuel Services Corp. | 2,325 | ||||||
|
| |||||||
52,411 | ||||||||
|
| |||||||
Paper & Forest Products — 0.1% |
| |||||||
98 | Louisiana-Pacific Corp. | 3,725 | ||||||
|
| |||||||
Personal Products — 0.0% |
| |||||||
3 | Estee Lauder Cos., Inc. (The), Class A | 710 | ||||||
|
| |||||||
Pharmaceuticals — 1.0% |
| |||||||
60 | Bristol-Myers Squibb Co. | 3,686 | ||||||
21 | Eli Lilly & Co. | 4,367 | ||||||
29 | Jazz Pharmaceuticals PLC(a) | 4,509 | ||||||
175 | Merck & Co., Inc. | 13,487 | ||||||
221 | Novartis AG, Sponsored ADR | 19,994 | ||||||
72 | Novo Nordisk A/S, Sponsored ADR | 5,011 | ||||||
27 | Perrigo Co. PLC | 1,153 | ||||||
Pharmaceuticals — continued |
| |||||||
144 | Pfizer, Inc. | 5,170 | ||||||
396 | Roche Holding AG, Sponsored ADR | 17,190 | ||||||
6 | Zoetis, Inc. | 926 | ||||||
|
| |||||||
75,493 | ||||||||
|
| |||||||
Professional Services — 0.2% |
| |||||||
54 | Exponent, Inc. | 4,459 | ||||||
5 | IHS Markit Ltd. | 436 | ||||||
17 | Insperity, Inc. | 1,334 | ||||||
48 | Korn Ferry | 2,189 | ||||||
36 | ManpowerGroup, Inc. | 3,184 | ||||||
22 | Nielsen Holdings PLC | 491 | ||||||
|
| |||||||
12,093 | ||||||||
|
| |||||||
Real Estate Management & Development — 0.1% |
| |||||||
101 | CBRE Group, Inc., Class A(a) | 6,159 | ||||||
27 | Jones Lang LaSalle, Inc.(a) | 3,948 | ||||||
|
| |||||||
10,107 | ||||||||
|
| |||||||
REITs – Apartments — 0.2% |
| |||||||
107 | American Campus Communities, Inc. | 4,404 | ||||||
66 | Camden Property Trust | 6,742 | ||||||
19 | Equity Residential | 1,171 | ||||||
|
| |||||||
12,317 | ||||||||
|
| |||||||
REITs – Diversified — 0.1% |
| |||||||
32 | American Tower Corp. | 7,275 | ||||||
6 | Crown Castle International Corp. | 956 | ||||||
38 | Weyerhaeuser Co. | 1,185 | ||||||
|
| |||||||
9,416 | ||||||||
|
| |||||||
REITs – Health Care — 0.0% |
| |||||||
24 | Ventas, Inc. | 1,106 | ||||||
9 | Welltower, Inc. | 545 | ||||||
|
| |||||||
1,651 | ||||||||
|
| |||||||
REITs – Hotels — 0.1% |
| |||||||
62 | Host Hotels & Resorts, Inc. | 840 | ||||||
292 | Park Hotels & Resorts, Inc. | 4,871 | ||||||
|
| |||||||
5,711 | ||||||||
|
| |||||||
REITs – Mortgage — 0.1% |
| |||||||
144 | Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 8,518 | ||||||
|
| |||||||
REITs – Office Property — 0.3% |
| |||||||
4 | Boston Properties, Inc. | 365 | ||||||
161 | Corporate Office Properties Trust | 4,229 | ||||||
169 | Douglas Emmett, Inc. | 4,683 | ||||||
225 | Easterly Government Properties, Inc. | 4,939 | ||||||
81 | Kilroy Realty Corp. | 4,587 | ||||||
|
| |||||||
18,803 | ||||||||
|
| |||||||
REITs – Shopping Centers — 0.1% |
| |||||||
402 | Brixmor Property Group, Inc. | 6,806 | ||||||
|
| |||||||
REITs – Storage — 0.0% |
| |||||||
13 | Iron Mountain, Inc. | 438 | ||||||
|
| |||||||
REITs – Warehouse/Industrials — 0.1% |
| |||||||
52 | CyrusOne, Inc. | 3,794 | ||||||
61 | ProLogis, Inc. | 6,295 | ||||||
|
| |||||||
10,089 | ||||||||
|
| |||||||
Road & Rail — 0.2% |
| |||||||
14 | CSX Corp. | 1,201 | ||||||
22 | Norfolk Southern Corp. | 5,206 | ||||||
38 | Ryder System, Inc. | 2,378 | ||||||
22 | Union Pacific Corp. | 4,344 | ||||||
|
| |||||||
13,129 | ||||||||
|
|
See accompanying notes to financial statements.
| 40
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2025 Fund – (continued)
Shares | Description | Value (†) | ||||||
Semiconductors & Semiconductor Equipment — 2.0% |
| |||||||
39 | Advanced Micro Devices, Inc.(a) | $ | 3,340 | |||||
12 | Analog Devices, Inc. | 1,768 | ||||||
27 | Applied Materials, Inc. | 2,610 | ||||||
57 | Cirrus Logic, Inc.(a) | 5,340 | ||||||
101 | Cree, Inc.(a) | 10,209 | ||||||
35 | Enphase Energy, Inc.(a) | 6,382 | ||||||
125 | First Solar, Inc.(a) | 12,394 | ||||||
66 | Ichor Holdings Ltd.(a) | 2,383 | ||||||
141 | Intel Corp. | 7,827 | ||||||
4 | Lam Research Corp. | 1,936 | ||||||
13 | Micron Technology, Inc.(a) | 1,017 | ||||||
88 | NVIDIA Corp. | 45,724 | ||||||
152 | QUALCOMM, Inc. | 23,755 | ||||||
43 | Silicon Laboratories, Inc.(a) | 5,640 | ||||||
47 | Texas Instruments, Inc. | 7,787 | ||||||
23 | Universal Display Corp. | 5,309 | ||||||
8 | Xilinx, Inc. | 1,045 | ||||||
|
| |||||||
144,466 | ||||||||
|
| |||||||
Software — 2.9% |
| |||||||
25 | Adobe, Inc.(a) | 11,469 | ||||||
25 | ANSYS, Inc.(a) | 8,859 | ||||||
124 | Autodesk, Inc.(a) | 34,401 | ||||||
29 | Blackbaud, Inc. | 1,928 | ||||||
41 | Bottomline Technologies, Inc.(a) | 1,959 | ||||||
8 | Citrix Systems, Inc. | 1,066 | ||||||
15 | Fair Isaac Corp.(a) | 6,752 | ||||||
161 | Microsoft Corp. | 37,346 | ||||||
20 | NortonLifeLock, Inc. | 421 | ||||||
488 | Oracle Corp. | 29,490 | ||||||
28 | Paylocity Holding Corp.(a) | 5,249 | ||||||
40 | PTC, Inc.(a) | 5,316 | ||||||
29 | Qualys, Inc.(a) | 4,016 | ||||||
121 | salesforce.com, Inc.(a) | 27,293 | ||||||
46 | SPS Commerce, Inc.(a) | 4,549 | ||||||
118 | Workday, Inc., Class A(a) | 26,849 | ||||||
|
| |||||||
206,963 | ||||||||
|
| |||||||
Specialty Retail — 0.7% |
| |||||||
100 | American Eagle Outfitters, Inc. | 2,269 | ||||||
36 | Asbury Automotive Group, Inc.(a) | 5,134 | ||||||
2 | AutoZone, Inc.(a) | 2,237 | ||||||
20 | Best Buy Co., Inc. | 2,176 | ||||||
20 | Five Below, Inc.(a) | 3,515 | ||||||
52 | Gap, Inc. (The)(a) | 1,053 | ||||||
53 | Home Depot, Inc. (The) | 14,353 | ||||||
26 | Lithia Motors, Inc., Class A | 8,286 | ||||||
10 | Lowe’s Cos., Inc. | 1,669 | ||||||
28 | Monro, Inc. | 1,637 | ||||||
12 | TJX Cos., Inc. (The) | 768 | ||||||
7 | Ulta Beauty, Inc.(a) | 1,958 | ||||||
36 | Williams-Sonoma, Inc. | 4,641 | ||||||
|
| |||||||
49,696 | ||||||||
|
| |||||||
Technology Hardware, Storage & Peripherals — 0.4% |
| |||||||
878 | Hewlett Packard Enterprise Co. | 10,834 | ||||||
534 | HP, Inc. | 12,998 | ||||||
83 | NCR Corp.(a) | 2,769 | ||||||
9 | Seagate Technology PLC | 595 | ||||||
|
| |||||||
27,196 | ||||||||
|
| |||||||
Textiles, Apparel & Luxury Goods — 0.4% |
| |||||||
22 | Deckers Outdoor Corp.(a) | 6,423 | ||||||
714 | Under Armour, Inc., Class A(a) | 12,495 | ||||||
62 | VF Corp. | 4,766 | ||||||
Textiles, Apparel & Luxury Goods — continued |
| |||||||
76 | Wolverine World Wide, Inc. | 2,177 | ||||||
|
| |||||||
25,861 | ||||||||
|
| |||||||
Thrifts & Mortgage Finance — 0.1% |
| |||||||
133 | Mr. Cooper Group, Inc.(a) | 3,622 | ||||||
287 | New York Community Bancorp, Inc. | 3,002 | ||||||
|
| |||||||
6,624 | ||||||||
|
| |||||||
Trading Companies & Distributors — 0.0% |
| |||||||
24 | GATX Corp. | 2,227 | ||||||
|
| |||||||
Water Utilities — 0.2% |
| |||||||
28 | American Water Works Co., Inc. | 4,453 | ||||||
228 | Essential Utilities, Inc. | 10,556 | ||||||
|
| |||||||
15,009 | ||||||||
|
| |||||||
Wireless Telecommunication Services — 0.1% |
| |||||||
68 | Shenandoah Telecommunications Co. | 2,643 | ||||||
50 | T-Mobile US, Inc.(a) | 6,304 | ||||||
|
| |||||||
8,947 | ||||||||
|
| |||||||
Total Common Stocks (Identified Cost $2,428,408) | 2,821,128 | |||||||
|
| |||||||
Principal Amount | ||||||||
Bonds and Notes — 17.0% | ||||||||
Automotive — 0.3% |
| |||||||
$ | 10,000 | General Motors Financial Co., Inc., 4.350%, 1/17/2027 | 11,454 | |||||
8,000 | Toyota Motor Credit Corp., MTN, 2.600%, 1/11/2022 | 8,170 | ||||||
|
| |||||||
19,624 | ||||||||
|
| |||||||
Banking — 2.7% |
| |||||||
10,000 | American Express Co., 3.700%, 8/03/2023 | 10,794 | ||||||
11,000 | Bank of America Corp., (fixed rate to 1/20/2022, variable rate thereafter), MTN, 3.124%, 1/20/2023 | 11,286 | ||||||
11,000 | Bank of Montreal, MTN, 1.900%, 8/27/2021 | 11,110 | ||||||
8,000 | Bank of New York Mellon Corp. (The), Series 12, MTN, 3.650%, 2/04/2024 | 8,748 | ||||||
6,000 | Bank of Nova Scotia (The), 3.400%, 2/11/2024 | 6,520 | ||||||
10,000 | BNP Paribas S.A., MTN, 3.250%, 3/03/2023 | 10,623 | ||||||
11,000 | Capital One Financial Corp., 3.300%, 10/30/2024 | 11,998 | ||||||
10,000 | Citigroup, Inc., 4.600%, 3/09/2026 | 11,601 | ||||||
5,000 | Cooperatieve Rabobank UA, 3.875%, 2/08/2022 | 5,184 | ||||||
4,000 | Deutsche Bank AG, GMTN, 3.375%, 5/12/2021 | 4,030 | ||||||
9,000 | Goldman Sachs Group, Inc. (The), 3.750%, 5/22/2025 | 10,021 | ||||||
10,000 | JPMorgan Chase & Co., (fixed rate to 3/01/2024, variable rate thereafter), 3.220%, 3/01/2025 | 10,775 | ||||||
11,000 | KeyCorp, MTN, 2.550%, 10/01/2029 | 11,731 | ||||||
9,000 | Morgan Stanley, Series F, 3.875%, 4/29/2024 | 9,934 | ||||||
11,000 | PNC Financial Services Group, Inc. (The), 2.600%, 7/23/2026 | 12,003 | ||||||
5,000 | Royal Bank of Canada, GMTN, 2.550%, 7/16/2024 | 5,343 | ||||||
6,000 | Santander Holdings USA, Inc., 3.500%, 6/07/2024 | 6,487 | ||||||
11,000 | Truist Bank, 3.200%, 4/01/2024 | 11,926 | ||||||
11,000 | Wells Fargo & Co., MTN, 3.000%, 2/19/2025 | 11,897 | ||||||
11,000 | Westpac Banking Corp., 2.350%, 2/19/2025 | 11,747 | ||||||
|
| |||||||
193,758 | ||||||||
|
| |||||||
Brokerage — 0.3% |
| |||||||
11,000 | BlackRock, Inc., 2.400%, 4/30/2030 | 11,821 | ||||||
11,000 | Intercontinental Exchange, Inc., 3.000%, 6/15/2050 | 11,257 | ||||||
|
| |||||||
23,078 | ||||||||
|
| |||||||
Cable Satellite — 0.1% |
| |||||||
10,000 | Comcast Corp., 3.000%, 2/01/2024 | 10,752 | ||||||
|
|
See accompanying notes to financial statements.
41 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2025 Fund – (continued)
Principal Amount | Description | Value (†) | ||||||
Construction Machinery — 0.3% |
| |||||||
$ | 12,000 | Caterpillar Financial Services Corp., 0.650%, 7/07/2023 | $ | 12,090 | ||||
9,000 | John Deere Capital Corp., MTN, 2.650%, 1/06/2022 | 9,201 | ||||||
|
| |||||||
21,291 | ||||||||
|
| |||||||
Consumer Cyclical Services — 0.2% |
| |||||||
5,000 | Amazon.com, Inc., 3.875%, 8/22/2037 | 6,086 | ||||||
9,000 | eBay, Inc., 3.800%, 3/09/2022 | 9,313 | ||||||
|
| |||||||
15,399 | ||||||||
|
| |||||||
Electric — 0.7% |
| |||||||
10,000 | Duke Energy Corp., 3.750%, 4/15/2024 | 10,927 | ||||||
12,000 | Entergy Corp., 0.900%, 9/15/2025 | 11,977 | ||||||
6,000 | Exelon Corp., 4.050%, 4/15/2030 | 7,016 | ||||||
12,000 | NextEra Energy Capital Holdings, Inc., 2.250%, 6/01/2030 | 12,422 | ||||||
7,000 | Virginia Electric & Power Co., Series A, 3.150%, 1/15/2026 | 7,716 | ||||||
|
| |||||||
50,058 | ||||||||
|
| |||||||
Finance Companies — 0.1% |
| |||||||
6,000 | Ares Capital Corp., 3.250%, 7/15/2025 | 6,346 | ||||||
|
| |||||||
Financial Other — 0.2% |
| |||||||
11,000 | ORIX Corp., 2.900%, 7/18/2022 | 11,377 | ||||||
|
| |||||||
Food & Beverage — 0.5% |
| |||||||
12,000 | Coca-Cola Co. (The), 1.450%, 6/01/2027 | 12,286 | ||||||
10,000 | General Mills, Inc., 4.000%, 4/17/2025 | 11,266 | ||||||
12,000 | Mondelez International, Inc., 2.750%, 4/13/2030 | 12,970 | ||||||
|
| |||||||
36,522 | ||||||||
|
| |||||||
Government Owned – No Guarantee — 0.3% |
| |||||||
16,000 | Federal National Mortgage Association, 6.625%, 11/15/2030 | 23,961 | ||||||
|
| |||||||
Health Insurance — 0.3% |
| |||||||
10,000 | Anthem, Inc., 4.101%, 3/01/2028 | 11,689 | ||||||
8,000 | UnitedHealth Group, Inc., 5.800%, 3/15/2036 | 11,603 | ||||||
|
| |||||||
23,292 | ||||||||
|
| |||||||
Healthcare — 0.5% |
| |||||||
6,000 | Cigna Corp., 3.750%, 7/15/2023 | 6,473 | ||||||
6,000 | CVS Health Corp., 4.300%, 3/25/2028 | 7,048 | ||||||
6,000 | DH Europe Finance II S.a.r.l., 2.200%, 11/15/2024 | 6,359 | ||||||
10,000 | McKesson Corp., 3.950%, 2/16/2028 | 11,550 | ||||||
6,000 | Quest Diagnostics, Inc., 2.950%, 6/30/2030 | 6,601 | ||||||
|
| |||||||
38,031 | ||||||||
|
| |||||||
Independent Energy — 0.2% |
| |||||||
11,000 | EQT Corp., 3.000%, 10/01/2022 | 11,172 | ||||||
|
| |||||||
Integrated Energy — 0.4% |
| |||||||
9,000 | BP Capital Markets PLC, 3.814%, 2/10/2024 | 9,856 | ||||||
11,000 | Exxon Mobil Corp., 2.992%, 3/19/2025 | 11,956 | ||||||
7,000 | Shell International Finance BV, 6.375%, 12/15/2038 | 10,599 | ||||||
|
| |||||||
32,411 | ||||||||
|
| |||||||
Life Insurance — 0.1% |
| |||||||
4,000 | Brighthouse Financial, Inc., 3.700%, 6/22/2027 | 4,408 | ||||||
|
| |||||||
Media Entertainment — 0.1% |
| |||||||
6,000 | ViacomCBS, Inc., 4.750%, 5/15/2025 | 6,920 | ||||||
|
| |||||||
Midstream — 0.3% |
| |||||||
11,000 | Energy Transfer Operating LP, 4.050%, 3/15/2025 | 11,998 | ||||||
11,000 | Kinder Morgan Energy Partners LP, 4.150%, 2/01/2024 | 12,007 | ||||||
|
| |||||||
24,005 | ||||||||
|
| |||||||
Mortgage Related — 2.5% |
| |||||||
10,706 | FHLMC, 3.500%, 8/01/2049 | 11,363 | ||||||
5,894 | FNMA, 2.000%, 9/01/2050 | 6,090 | ||||||
Mortgage Related — continued |
| |||||||
65,796 | FNMA, 2.500%, with various maturities from 2050 to 2051(b) | 69,300 | ||||||
45,731 | FNMA, 3.000%, with various maturities from 2034 to 2049(b) | 48,119 | ||||||
26,076 | FNMA, 3.500%, with various maturities in 2049(b) | 27,704 | ||||||
6,477 | FNMA, 4.000%, with various maturities from 2049 to 2050(b) | 6,939 | ||||||
6,738 | FNMA, 4.500%, with various maturities from 2048 to 2049(b) | 7,324 | ||||||
|
| |||||||
176,839 | ||||||||
|
| |||||||
Natural Gas — 0.2% |
| |||||||
12,000 | NiSource, Inc., 0.950%, 8/15/2025 | 12,013 | ||||||
|
| |||||||
Oil Field Services — 0.1% |
| |||||||
10,000 | Baker Hughes a GE Co. LLC/Baker Hughes Co-Obligor, Inc., 2.773%, 12/15/2022 | 10,417 | ||||||
|
| |||||||
Pharmaceuticals — 0.4% |
| |||||||
10,000 | AbbVie, Inc., 3.600%, 5/14/2025 | 11,084 | ||||||
9,000 | Amgen, Inc., 2.650%, 5/11/2022 | 9,257 | ||||||
11,000 | Johnson & Johnson, 1.300%, 9/01/2030 | 10,851 | ||||||
|
| |||||||
31,192 | ||||||||
|
| |||||||
Property & Casualty Insurance — 0.2% |
| |||||||
11,000 | American International Group, Inc., 3.400%, 6/30/2030 | 12,275 | ||||||
|
| |||||||
Railroads — 0.2% |
| |||||||
10,000 | CSX Corp., 2.600%, 11/01/2026 | 10,887 | ||||||
|
| |||||||
REITs – Office Property — 0.1% |
| |||||||
6,000 | Boston Properties LP, 2.750%, 10/01/2026 | 6,499 | ||||||
|
| |||||||
Restaurants — 0.2% |
| |||||||
12,000 | Starbucks Corp., 2.250%, 3/12/2030 | 12,500 | ||||||
|
| |||||||
Technology — 1.1% |
| |||||||
10,000 | Apple, Inc., 2.500%, 2/09/2025 | 10,756 | ||||||
6,000 | Broadcom, Inc., 4.110%, 9/15/2028 | 6,773 | ||||||
5,000 | HP, Inc., 3.000%, 6/17/2027 | 5,482 | ||||||
6,000 | Intel Corp., 2.450%, 11/15/2029 | 6,423 | ||||||
10,000 | International Business Machines Corp., 4.000%, 6/20/2042 | 11,961 | ||||||
6,000 | NVIDIA Corp., 2.850%, 4/01/2030 | 6,613 | ||||||
10,000 | Oracle Corp., 2.950%, 5/15/2025 | 10,877 | ||||||
13,000 | QUALCOMM, Inc., 1.650%, 5/20/2032 | 12,807 | ||||||
10,000 | VMware, Inc., 2.950%, 8/21/2022 | 10,360 | ||||||
|
| |||||||
82,052 | ||||||||
|
| |||||||
Treasuries — 4.1% |
| |||||||
10,000 | U.S. Treasury Bond, 2.500%, 5/15/2046 | 11,477 | ||||||
26,000 | U.S. Treasury Bond, 2.875%, 11/15/2046 | 31,923 | ||||||
29,000 | U.S. Treasury Bond, 3.000%, 5/15/2045 | 36,207 | ||||||
10,000 | U.S. Treasury Bond, 3.000%, 2/15/2048 | 12,605 | ||||||
28,000 | U.S. Treasury Bond, 3.000%, 2/15/2049 | 35,448 | ||||||
10,000 | U.S. Treasury Bond, 4.250%, 11/15/2040 | 14,547 | ||||||
10,000 | U.S. Treasury Bond, 4.375%, 5/15/2041 | 14,831 | ||||||
4,000 | U.S. Treasury Bond, 4.500%, 2/15/2036 | 5,728 | ||||||
28,000 | U.S. Treasury Note, 0.375%, 11/30/2025 | 27,956 | ||||||
42,000 | U.S. Treasury Note, 1.625%, 8/31/2022 | 42,999 | ||||||
56,000 | U.S. Treasury Note, 2.125%, 12/31/2022 | 58,142 | ||||||
|
| |||||||
291,863 | ||||||||
|
| |||||||
Wireless — 0.2% |
| |||||||
9,000 | Vodafone Group PLC, 6.150%, 2/27/2037 | 12,570 | ||||||
|
| |||||||
Wirelines — 0.1% |
| |||||||
9,000 | Verizon Communications, Inc., 3-month LIBOR + 1.100%, 1.321%, 5/15/2025(c) | 9,261 | ||||||
|
| |||||||
Total Bonds and Notes (Identified Cost $1,205,903) | 1,220,773 | |||||||
|
|
See accompanying notes to financial statements.
| 42
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2025 Fund – (continued)
Shares | Description | Value (†) | ||||||
Exchange-Traded Funds — 5.4% | ||||||||
5,357 | iShares® ESG Aware MSCI EAFE ETF (Identified Cost $344,190) | $ | 387,525 | |||||
|
| |||||||
Affiliated Mutual Funds — 34.6% | ||||||||
32,204 | Loomis Sayles Inflation Protected Securities Fund, Class N | 386,121 | ||||||
48,305 | Loomis Sayles Limited Term Government and Agency Fund, Class N | �� | 557,438 | |||||
51,741 | Mirova Global Green Bond Fund, Class N | 555,694 | ||||||
28,274 | Mirova International Sustainable Equity Fund, Class N | 385,086 | ||||||
10,883 | WCM Focused Emerging Markets Fund, Institutional Class | 218,309 | ||||||
15,804 | WCM Focused International Growth Fund, Institutional Class | 389,412 | ||||||
|
| |||||||
Total Affiliated Mutual Funds (Identified Cost $2,354,674) | 2,492,060 | |||||||
|
| |||||||
Principal Amount | ||||||||
Short-Term Investments — 4.3% | ||||||||
$ | 305,976 | Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 1/29/2021 at 0.000% to be repurchased at $305,976 on 2/01/2021 collateralized by $293,500.00 U.S. Treasury Note, 2.750% due 5/31/2023 valued at $312,612 including accrued interest (Note 2 of Notes to Financial Statements) (Identified Cost $305,976) | 305,976 | |||||
|
| |||||||
Total Investments — 100.5% (Identified Cost $6,639,151) | 7,227,462 | |||||||
Other assets less liabilities — (0.5)% | (35,673 | ) | ||||||
|
| |||||||
Net Assets — 100.0% | $ | 7,191,789 | ||||||
|
| |||||||
(†) | See Note 2 of Notes to Financial Statements. |
| ||||||
(a) | Non-income producing security. |
| ||||||
(b) | The Fund’s investment in mortgage related securities of Federal National Mortgage Association are interests in separate pools of mortgages. All separate investments in securities of each issuer which have the same coupon rate have been aggregated for the purpose of presentation in the Portfolio of Investments. |
| ||||||
(c) | Variable rate security. Rate as of January 31, 2021 is disclosed. |
| ||||||
ADR | An American Depositary Receipt is a certificate issued by a custodian bank representing the right to receive securities of the foreign issuer described. The values of ADRs may be significantly influenced by trading on exchanges not located in the United States. |
| ||||||
ETF | Exchange-Traded Fund |
| ||||||
FHLMC | Federal Home Loan Mortgage Corp. |
| ||||||
FNMA | Federal National Mortgage Association |
| ||||||
GMTN | Global Medium Term Note |
| ||||||
LIBOR | London Interbank Offered Rate |
| ||||||
MTN | Medium Term Note |
| ||||||
REITs | Real Estate Investment Trusts |
|
Asset Allocation Summary at January 31, 2021
Equity | 58.4 | % | ||
Fixed Income | 37.8 | |||
Short-Term Investments | 4.3 | |||
|
| |||
Total Investments | 100.5 | |||
Other assets less liabilities | (0.5 | ) | ||
|
| |||
Net Assets | 100.0 | % | ||
|
|
See accompanying notes to financial statements.
43 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2030 Fund
Shares | Description | Value (†) | ||||||
Common Stocks — 44.7% of Net Assets | ||||||||
Aerospace & Defense — 0.7% |
| |||||||
26 | Axon Enterprise, Inc.(a) | $ | 4,268 | |||||
165 | Boeing Co. (The) | 32,041 | ||||||
67 | General Dynamics Corp. | 9,828 | ||||||
6 | L3Harris Technologies, Inc. | 1,029 | ||||||
38 | Moog, Inc., Class A | 2,807 | ||||||
81 | Raytheon Technologies Corp. | 5,405 | ||||||
|
| |||||||
55,378 | ||||||||
|
| |||||||
Air Freight & Logistics — 0.4% |
| |||||||
267 | Expeditors International of Washington, Inc. | 23,902 | ||||||
43 | United Parcel Service, Inc., Class B | 6,665 | ||||||
|
| |||||||
30,567 | ||||||||
|
| |||||||
Airlines — 0.1% |
| |||||||
19 | Alaska Air Group, Inc. | 928 | ||||||
67 | Delta Air Lines, Inc. | 2,543 | ||||||
378 | JetBlue Airways Corp.(a) | 5,421 | ||||||
|
| |||||||
8,892 | ||||||||
|
| |||||||
Auto Components — 0.4% |
| |||||||
135 | Aptiv PLC | 18,036 | ||||||
23 | BorgWarner, Inc. | 965 | ||||||
255 | Dana, Inc. | 4,937 | ||||||
35 | Visteon Corp.(a) | 4,462 | ||||||
|
| |||||||
28,400 | ||||||||
|
| |||||||
Automobiles — 0.4% |
| |||||||
468 | General Motors Co. | 23,718 | ||||||
36 | Thor Industries, Inc. | 4,357 | ||||||
|
| |||||||
28,075 | ||||||||
|
| |||||||
Banks — 2.1% |
| |||||||
99 | Ameris Bancorp | 3,872 | ||||||
177 | BancorpSouth Bank | 4,894 | ||||||
844 | Bank of America Corp. | 25,025 | ||||||
417 | Citigroup, Inc. | 24,182 | ||||||
141 | Citizens Financial Group, Inc. | 5,138 | ||||||
134 | Columbia Banking System, Inc. | 5,162 | ||||||
11 | Comerica, Inc. | 629 | ||||||
86 | Cullen/Frost Bankers, Inc. | 7,933 | ||||||
60 | Fifth Third Bancorp | 1,736 | ||||||
309 | Fulton Financial Corp. | 4,141 | ||||||
85 | Huntington Bancshares, Inc. | 1,124 | ||||||
157 | International Bancshares Corp. | 5,936 | ||||||
213 | KeyCorp | 3,591 | ||||||
36 | M&T Bank Corp. | 4,769 | ||||||
240 | People’s United Financial, Inc. | 3,278 | ||||||
84 | PNC Financial Services Group, Inc. (The) | 12,056 | ||||||
252 | Regions Financial Corp. | 4,286 | ||||||
143 | TCF Financial Corp. | 5,557 | ||||||
250 | Truist Financial Corp. | 11,995 | ||||||
243 | Trustmark Corp. | 6,675 | ||||||
112 | U.S. Bancorp | 4,799 | ||||||
423 | Wells Fargo & Co. | 12,639 | ||||||
67 | Wintrust Financial Corp. | 4,033 | ||||||
|
| |||||||
163,450 | ||||||||
|
| |||||||
Beverages — 1.1% |
| |||||||
207 | Coca-Cola Co. (The) | 9,967 | ||||||
90 | Constellation Brands, Inc., Class A | 18,984 | ||||||
361 | Keurig Dr Pepper, Inc. | 11,480 | ||||||
422 | Monster Beverage Corp.(a) | 36,642 | ||||||
75 | PepsiCo, Inc. | 10,243 | ||||||
|
| |||||||
87,316 | ||||||||
|
| |||||||
Biotechnology — 1.0% |
| |||||||
47 | AbbVie, Inc. | $ | 4,817 | |||||
47 | Amgen, Inc. | 11,347 | ||||||
13 | Biogen, Inc.(a) | 3,674 | ||||||
107 | BioMarin Pharmaceutical, Inc.(a) | 8,857 | ||||||
128 | Gilead Sciences, Inc. | 8,397 | ||||||
23 | Ligand Pharmaceuticals, Inc.(a) | 4,263 | ||||||
66 | Regeneron Pharmaceuticals, Inc.(a) | 33,253 | ||||||
|
| |||||||
74,608 | ||||||||
|
| |||||||
Building Products — 0.3% |
| |||||||
35 | Carrier Global Corp. | 1,348 | ||||||
32 | Johnson Controls International PLC | 1,594 | ||||||
25 | Lennox International, Inc. | 6,887 | ||||||
75 | Owens Corning | 5,820 | ||||||
49 | Trex Co., Inc.(a) | 4,497 | ||||||
|
| |||||||
20,146 | ||||||||
|
| |||||||
Capital Markets — 2.7% |
| |||||||
12 | Ameriprise Financial, Inc. | 2,374 | ||||||
657 | Bank of New York Mellon Corp. (The) | 26,168 | ||||||
10 | BlackRock, Inc. | 7,013 | ||||||
501 | Charles Schwab Corp. (The) | 25,822 | ||||||
19 | CME Group, Inc. | 3,453 | ||||||
62 | FactSet Research Systems, Inc. | 18,745 | ||||||
75 | Franklin Resources, Inc. | 1,972 | ||||||
67 | Goldman Sachs Group, Inc. (The) | 18,168 | ||||||
34 | Intercontinental Exchange, Inc. | 3,752 | ||||||
21 | Invesco Ltd. | 432 | ||||||
130 | Janus Henderson Group PLC | 3,999 | ||||||
151 | KKR & Co., Inc. | 5,881 | ||||||
30 | Moody’s Corp. | 7,988 | ||||||
14 | Morgan Stanley | 939 | ||||||
35 | MSCI, Inc. | 13,836 | ||||||
121 | Northern Trust Corp. | 10,792 | ||||||
42 | S&P Global, Inc. | 13,314 | ||||||
228 | SEI Investments Co. | 12,050 | ||||||
448 | State Street Corp. | 31,360 | ||||||
7 | T. Rowe Price Group, Inc. | 1,095 | ||||||
|
| |||||||
209,153 | ||||||||
|
| |||||||
Chemicals — 0.5% |
| |||||||
9 | Air Products & Chemicals, Inc. | 2,401 | ||||||
29 | DuPont de Nemours, Inc. | 2,304 | ||||||
10 | Ecolab, Inc. | 2,045 | ||||||
70 | HB Fuller Co. | 3,562 | ||||||
50 | Innospec, Inc. | 4,390 | ||||||
53 | Linde PLC | 13,006 | ||||||
60 | Minerals Technologies, Inc. | 3,698 | ||||||
9 | PPG Industries, Inc. | 1,212 | ||||||
2 | Sherwin-Williams Co. (The) | 1,384 | ||||||
34 | Stepan Co. | 3,831 | ||||||
|
| |||||||
37,833 | ||||||||
|
| |||||||
Commercial Services & Supplies — 0.2% |
| |||||||
61 | Healthcare Services Group, Inc. | 1,978 | ||||||
35 | MSA Safety, Inc. | 5,464 | ||||||
9 | Republic Services, Inc. | 815 | ||||||
51 | Tetra Tech, Inc. | 6,200 | ||||||
16 | Waste Management, Inc. | 1,781 | ||||||
|
| |||||||
16,238 | ||||||||
|
| |||||||
Communications Equipment — 0.5% |
| |||||||
33 | Arista Networks, Inc.(a) | 10,149 | ||||||
83 | Ciena Corp.(a) | 4,431 | ||||||
436 | Cisco Systems, Inc. | 19,437 | ||||||
7 | F5 Networks, Inc.(a) | 1,372 |
See accompanying notes to financial statements.
| 44
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2030 Fund – (continued)
Shares | Description | Value (†) | ||||||
Communications Equipment — continued |
| |||||||
46 | Lumentum Holdings, Inc.(a) | $ | 4,315 | |||||
|
| |||||||
39,704 | ||||||||
|
| |||||||
Construction & Engineering — 0.1% |
| |||||||
158 | AECOM(a) | 7,916 | ||||||
194 | Fluor Corp. | 3,354 | ||||||
|
| |||||||
11,270 | ||||||||
|
| |||||||
Consumer Finance — 1.1% |
| |||||||
810 | Ally Financial, Inc. | 30,650 | ||||||
172 | American Express Co. | 19,997 | ||||||
275 | Capital One Financial Corp. | 28,672 | ||||||
44 | Green Dot Corp., Class A(a) | 2,210 | ||||||
40 | PROG Holdings, Inc. | 1,887 | ||||||
|
| |||||||
83,416 | ||||||||
|
| |||||||
Containers & Packaging — 0.1% |
| |||||||
63 | Ball Corp. | 5,545 | ||||||
51 | International Paper Co. | 2,566 | ||||||
246 | O-I Glass, Inc. | 3,109 | ||||||
|
| |||||||
11,220 | ||||||||
|
| |||||||
Distributors — 0.0% |
| |||||||
40 | Genuine Parts Co. | 3,755 | ||||||
|
| |||||||
Diversified Telecommunication Services — 0.2% |
| |||||||
187 | AT&T, Inc. | 5,354 | ||||||
982 | Lumen Technologies, Inc. | 12,157 | ||||||
|
| |||||||
17,511 | ||||||||
|
| |||||||
Electric Utilities — 0.6% |
| |||||||
127 | American Electric Power Co., Inc. | 10,276 | ||||||
182 | Edison International | 10,585 | ||||||
34 | Eversource Energy | 2,975 | ||||||
46 | IDACORP, Inc. | 4,062 | ||||||
172 | NextEra Energy, Inc. | 13,910 | ||||||
44 | PPL Corp. | 1,217 | ||||||
|
| |||||||
43,025 | ||||||||
|
| |||||||
Electrical Equipment — 0.5% |
| |||||||
18 | Acuity Brands, Inc. | 2,164 | ||||||
313 | Ballard Power Systems, Inc.(a) | 10,695 | ||||||
44 | Eaton Corp. PLC | 5,179 | ||||||
28 | Generac Holdings, Inc.(a) | 6,900 | ||||||
32 | Hubbell, Inc. | 4,979 | ||||||
28 | Rockwell Automation, Inc. | 6,959 | ||||||
52 | Sunrun, Inc.(a) | 3,602 | ||||||
|
| |||||||
40,478 | ||||||||
|
| |||||||
Electronic Equipment, Instruments & Components — 0.8% |
| |||||||
11 | Amphenol Corp., Class A | 1,374 | ||||||
88 | Avnet, Inc. | 3,107 | ||||||
90 | Cognex Corp. | 7,392 | ||||||
20 | Coherent, Inc.(a) | 4,017 | ||||||
38 | Corning, Inc. | 1,363 | ||||||
113 | Itron, Inc.(a) | 9,720 | ||||||
18 | Littelfuse, Inc. | 4,381 | ||||||
17 | Rogers Corp.(a) | 2,653 | ||||||
124 | TE Connectivity Ltd. | 14,930 | ||||||
107 | Trimble, Inc.(a) | 7,052 | ||||||
159 | Vishay Intertechnology, Inc. | 3,426 | ||||||
|
| |||||||
59,415 | ||||||||
|
| |||||||
Energy Equipment & Services — 0.3% |
| |||||||
671 | Archrock, Inc. | 5,951 | ||||||
120 | Baker Hughes Co. | 2,411 | ||||||
89 | NOV, Inc. | 1,102 | ||||||
604 | Schlumberger NV | 13,415 | ||||||
Energy Equipment & Services — continued |
| |||||||
67 | TechnipFMC PLC | $ | 716 | |||||
|
| |||||||
23,595 | ||||||||
|
| |||||||
Entertainment — 1.0% |
| |||||||
37 | Activision Blizzard, Inc. | 3,367 | ||||||
82 | Cinemark Holdings, Inc. | 1,660 | ||||||
60 | Electronic Arts, Inc. | 8,592 | ||||||
31 | Netflix, Inc.(a) | 16,504 | ||||||
276 | Walt Disney Co. (The)(a) | 46,415 | ||||||
|
| |||||||
76,538 | ||||||||
|
| |||||||
Food & Staples Retailing — 0.2% |
| |||||||
69 | BJ’s Wholesale Club Holdings, Inc.(a) | 2,903 | ||||||
80 | Kroger Co. (The) | 2,760 | ||||||
221 | SpartanNash Co. | 4,093 | ||||||
16 | Sysco Corp. | 1,144 | ||||||
68 | Walgreens Boots Alliance, Inc. | 3,417 | ||||||
|
| |||||||
14,317 | ||||||||
|
| |||||||
Food Products — 0.4% |
| |||||||
76 | Campbell Soup Co. | 3,656 | ||||||
24 | Conagra Brands, Inc. | 830 | ||||||
84 | Darling Ingredients, Inc.(a) | 5,209 | ||||||
56 | General Mills, Inc. | 3,254 | ||||||
91 | Hain Celestial Group, Inc. (The)(a) | 3,784 | ||||||
76 | Hormel Foods Corp. | 3,561 | ||||||
46 | Ingredion, Inc. | 3,472 | ||||||
16 | J.M. Smucker Co. (The) | 1,863 | ||||||
28 | Kellogg Co. | 1,650 | ||||||
16 | McCormick & Co., Inc. | 1,433 | ||||||
|
| |||||||
28,712 | ||||||||
|
| |||||||
Gas Utilities — 0.2% |
| |||||||
94 | New Jersey Resources Corp. | 3,291 | ||||||
54 | ONE Gas, Inc. | 3,949 | ||||||
103 | South Jersey Industries, Inc. | 2,379 | ||||||
113 | UGI Corp. | 4,067 | ||||||
|
| |||||||
13,686 | ||||||||
|
| |||||||
Health Care Equipment & Supplies — 0.9% |
| |||||||
48 | Abbott Laboratories | 5,932 | ||||||
12 | Baxter International, Inc. | 922 | ||||||
7 | Becton Dickinson & Co. | 1,833 | ||||||
32 | Boston Scientific Corp.(a) | 1,134 | ||||||
7 | Cooper Cos., Inc. (The) | 2,548 | ||||||
16 | Danaher Corp. | 3,805 | ||||||
19 | DENTSPLY SIRONA, Inc. | 1,016 | ||||||
47 | Edwards Lifesciences Corp.(a) | 3,881 | ||||||
49 | Globus Medical, Inc., Class A(a) | 3,023 | ||||||
25 | Haemonetics Corp.(a) | 2,857 | ||||||
46 | Hill-Rom Holdings, Inc. | 4,418 | ||||||
27 | Hologic, Inc.(a) | 2,153 | ||||||
14 | Intuitive Surgical, Inc.(a) | 10,467 | ||||||
36 | Medtronic PLC | 4,008 | ||||||
115 | Meridian Bioscience, Inc.(a) | 2,542 | ||||||
37 | Merit Medical Systems, Inc.(a) | 2,004 | ||||||
25 | Penumbra, Inc.(a) | 6,527 | ||||||
13 | Quidel Corp.(a) | 3,263 | ||||||
6 | STERIS PLC | 1,123 | ||||||
8 | Stryker Corp. | 1,768 | ||||||
6 | Varian Medical Systems, Inc.(a) | 1,053 | ||||||
|
| |||||||
66,277 | ||||||||
|
| |||||||
Health Care Providers & Services — 1.6% |
| |||||||
17 | Amedisys, Inc.(a) | 4,884 | ||||||
22 | Anthem, Inc. | 6,534 | ||||||
37 | BioTelemetry, Inc.(a) | 2,644 |
See accompanying notes to financial statements.
45 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2030 Fund – (continued)
Shares | Description | Value (†) | ||||||
Health Care Providers & Services — continued |
| |||||||
140 | Centene Corp.(a) | $ | 8,442 | |||||
11 | Chemed Corp. | 5,697 | ||||||
28 | Cigna Corp. | 6,077 | ||||||
186 | CVS Health Corp. | 13,327 | ||||||
46 | Encompass Health Corp. | 3,698 | ||||||
150 | HCA Healthcare, Inc. | 24,372 | ||||||
33 | Henry Schein, Inc.(a) | 2,173 | ||||||
53 | Humana, Inc. | 20,305 | ||||||
23 | Laboratory Corp. of America Holdings(a) | 5,265 | ||||||
184 | MEDNAX, Inc.(a) | 5,018 | ||||||
83 | Patterson Cos., Inc. | 2,629 | ||||||
36 | Quest Diagnostics, Inc. | 4,649 | ||||||
25 | UnitedHealth Group, Inc. | 8,340 | ||||||
|
| |||||||
124,054 | ||||||||
|
| |||||||
Health Care Technology — 0.3% |
| |||||||
178 | Allscripts Healthcare Solutions, Inc.(a) | 2,937 | ||||||
205 | Cerner Corp. | 16,423 | ||||||
86 | HMS Holdings Corp.(a) | 3,166 | ||||||
|
| |||||||
22,526 | ||||||||
|
| |||||||
Hotels, Restaurants & Leisure — 1.3% |
| |||||||
3 | Chipotle Mexican Grill, Inc.(a) | 4,440 | ||||||
43 | Dine Brands Global, Inc. | 2,957 | ||||||
155 | Hilton Worldwide Holdings, Inc. | 15,715 | ||||||
54 | Jack in the Box, Inc. | 5,084 | ||||||
524 | MGM Resorts International | 14,965 | ||||||
20 | Royal Caribbean Cruises Ltd. | 1,300 | ||||||
61 | Shake Shack, Inc., Class A(a) | 6,919 | ||||||
217 | Starbucks Corp. | 21,008 | ||||||
183 | Wendy’s Co. (The) | 3,733 | ||||||
214 | Yum China Holdings, Inc. | 12,136 | ||||||
76 | Yum! Brands, Inc. | 7,713 | ||||||
|
| |||||||
95,970 | ||||||||
|
| |||||||
Household Durables — 0.3% |
| |||||||
142 | KB Home | 5,913 | ||||||
106 | Meritage Homes Corp.(a) | 8,508 | ||||||
14 | Mohawk Industries, Inc.(a) | 2,010 | ||||||
191 | Taylor Morrison Home Corp.(a) | 4,962 | ||||||
|
| |||||||
21,393 | ||||||||
|
| |||||||
Household Products — 0.4% |
| |||||||
7 | Clorox Co. (The) | 1,466 | ||||||
211 | Colgate-Palmolive Co. | 16,458 | ||||||
111 | Kimberly-Clark Corp. | 14,663 | ||||||
|
| |||||||
32,587 | ||||||||
|
| |||||||
Independent Power & Renewable Electricity Producers — 0.4% |
| |||||||
88 | AES Corp. (The) | 2,146 | ||||||
109 | Boralex, Inc., Class A | 4,269 | ||||||
150 | NextEra Energy Partners LP | 12,225 | ||||||
63 | Ormat Technologies, Inc. | 7,192 | ||||||
98 | Sunnova Energy International, Inc.(a) | 4,297 | ||||||
|
| |||||||
30,129 | ||||||||
|
| |||||||
Industrial Conglomerates — 0.3% |
| |||||||
25 | Carlisle Cos., Inc. | 3,623 | ||||||
1,570 | General Electric Co. | 16,768 | ||||||
8 | Honeywell International, Inc. | 1,563 | ||||||
|
| |||||||
21,954 | ||||||||
|
| |||||||
Insurance — 1.2% |
| |||||||
30 | Aflac, Inc. | 1,355 | ||||||
39 | Allstate Corp. (The) | 4,180 | ||||||
437 | American International Group, Inc. | 16,361 | ||||||
69 | Chubb Ltd. | 10,051 | ||||||
Insurance — continued |
| |||||||
81 | First American Financial Corp. | $ | 4,236 | |||||
31 | Hanover Insurance Group, Inc. (The) | 3,487 | ||||||
116 | Hartford Financial Services Group, Inc. (The) | 5,570 | ||||||
18 | Lincoln National Corp. | 819 | ||||||
43 | Marsh & McLennan Cos., Inc. | 4,726 | ||||||
258 | MetLife, Inc. | 12,423 | ||||||
64 | Prudential Financial, Inc. | 5,010 | ||||||
217 | Reinsurance Group of America, Inc. | 22,796 | ||||||
31 | Travelers Cos., Inc. (The) | 4,225 | ||||||
|
| |||||||
95,239 | ||||||||
|
| |||||||
Interactive Media & Services — 2.1% |
| |||||||
23 | Alphabet, Inc., Class A(a) | 42,029 | ||||||
29 | Alphabet, Inc., Class C(a) | 53,236 | ||||||
262 | Facebook, Inc., Class A(a) | 67,683 | ||||||
|
| |||||||
162,948 | ||||||||
|
| |||||||
Internet & Direct Marketing Retail — 2.1% |
| |||||||
174 | Alibaba Group Holding Ltd., Sponsored ADR(a) | 44,166 | ||||||
19 | Amazon.com, Inc.(a) | 60,918 | ||||||
11 | Booking Holdings, Inc.(a) | 21,388 | ||||||
456 | eBay, Inc. | 25,768 | ||||||
8 | Etsy, Inc.(a) | 1,593 | ||||||
9 | Expedia Group, Inc. | 1,117 | ||||||
240 | Qurate Retail, Inc., Class A | 3,024 | ||||||
|
| |||||||
157,974 | ||||||||
|
| |||||||
IT Services — 2.2% |
| |||||||
51 | Accenture PLC, Class A | 12,338 | ||||||
93 | Akamai Technologies, Inc.(a) | 10,326 | ||||||
136 | Automatic Data Processing, Inc. | 22,456 | ||||||
51 | Cognizant Technology Solutions Corp., Class A | 3,975 | ||||||
579 | DXC Technology Co. | 16,328 | ||||||
78 | Fiserv, Inc.(a) | 8,010 | ||||||
101 | Gartner, Inc.(a) | 15,343 | ||||||
73 | MasterCard, Inc., Class A | 23,089 | ||||||
27 | Paychex, Inc. | 2,358 | ||||||
241 | Sabre Corp. | 2,598 | ||||||
14 | VeriSign, Inc.(a) | 2,717 | ||||||
243 | Visa, Inc., Class A | 46,960 | ||||||
24 | WEX, Inc.(a) | 4,526 | ||||||
|
| |||||||
171,024 | ||||||||
|
| |||||||
Leisure Products — 0.0% |
| |||||||
109 | Callaway Golf Co. | 3,040 | ||||||
|
| |||||||
Life Sciences Tools & Services — 0.7% |
| |||||||
21 | Agilent Technologies, Inc. | 2,523 | ||||||
59 | Illumina, Inc.(a) | 25,160 | ||||||
11 | IQVIA Holdings, Inc.(a) | 1,956 | ||||||
99 | NeoGenomics, Inc.(a) | 5,249 | ||||||
44 | Repligen Corp.(a) | 8,800 | ||||||
10 | Thermo Fisher Scientific, Inc. | 5,097 | ||||||
7 | Waters Corp.(a) | 1,853 | ||||||
|
| |||||||
50,638 | ||||||||
|
| |||||||
Machinery — 1.9% |
| |||||||
59 | AGCO Corp. | 6,543 | ||||||
156 | Caterpillar, Inc. | 28,523 | ||||||
62 | Cummins, Inc. | 14,534 | ||||||
154 | Deere & Co. | 44,475 | ||||||
61 | Flowserve Corp. | 2,169 | ||||||
13 | Illinois Tool Works, Inc. | 2,525 | ||||||
79 | ITT, Inc. | 5,902 | ||||||
103 | Kennametal, Inc. | 3,902 | ||||||
62 | Oshkosh Corp. | 5,679 | ||||||
68 | Parker-Hannifin Corp. | 17,994 |
See accompanying notes to financial statements.
| 46
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2030 Fund – (continued)
Shares | Description | Value (†) | ||||||
Machinery — continued |
| |||||||
18 | Proto Labs, Inc.(a) | $ | 3,812 | |||||
78 | Terex Corp. | 2,789 | ||||||
69 | Toro Co. (The) | 6,503 | ||||||
|
| |||||||
145,350 | ||||||||
|
| |||||||
Media — 1.1% |
| |||||||
4 | Cable One, Inc. | 8,000 | ||||||
33 | Charter Communications, Inc., Class A(a) | 20,050 | ||||||
686 | Comcast Corp., Class A | 34,005 | ||||||
108 | Discovery, Inc., Series A(a) | 4,473 | ||||||
31 | Discovery, Inc., Series C(a) | 1,086 | ||||||
74 | Fox Corp., Class A | 2,307 | ||||||
59 | Interpublic Group of Cos., Inc. (The) | 1,420 | ||||||
85 | New York Times Co. (The), Class A | 4,215 | ||||||
72 | News Corp., Class A | 1,397 | ||||||
86 | Omnicom Group, Inc. | 5,365 | ||||||
|
| |||||||
82,318 | ||||||||
|
| |||||||
Metals & Mining — 0.2% |
| |||||||
252 | Cleveland-Cliffs, Inc. | 3,866 | ||||||
143 | Commercial Metals Co. | 2,815 | ||||||
12 | Nucor Corp. | 585 | ||||||
60 | Reliance Steel & Aluminum Co. | 6,965 | ||||||
40 | Royal Gold, Inc. | 4,275 | ||||||
|
| |||||||
18,506 | ||||||||
|
| |||||||
Multi-Utilities — 0.2% |
| |||||||
76 | Consolidated Edison, Inc. | 5,379 | ||||||
30 | DTE Energy Co. | 3,562 | ||||||
32 | Sempra Energy | 3,960 | ||||||
20 | WEC Energy Group, Inc. | 1,778 | ||||||
|
| |||||||
14,679 | ||||||||
|
| |||||||
Multiline Retail — 0.2% |
| |||||||
363 | Macy’s, Inc. | 5,459 | ||||||
39 | Target Corp. | 7,066 | ||||||
|
| |||||||
12,525 | ||||||||
|
| |||||||
Oil, Gas & Consumable Fuels — 0.9% |
| |||||||
871 | Apache Corp. | 12,438 | ||||||
154 | ConocoPhillips | 6,165 | ||||||
93 | Devon Energy Corp. | 1,531 | ||||||
157 | Diamondback Energy, Inc. | 8,900 | ||||||
369 | EOG Resources, Inc. | 18,804 | ||||||
147 | EQT Corp. | 2,397 | ||||||
135 | Kinder Morgan, Inc. | 1,901 | ||||||
424 | Marathon Oil Corp. | 3,070 | ||||||
78 | ONEOK, Inc. | 3,107 | ||||||
482 | Southwestern Energy Co.(a) | 1,817 | ||||||
55 | Valero Energy Corp. | 3,104 | ||||||
75 | World Fuel Services Corp. | 2,294 | ||||||
|
| |||||||
65,528 | ||||||||
|
| |||||||
Paper & Forest Products — 0.1% |
| |||||||
105 | Louisiana-Pacific Corp. | 3,991 | ||||||
|
| |||||||
Personal Products — 0.0% |
| |||||||
3 | Estee Lauder Cos., Inc. (The), Class A | 710 | ||||||
|
| |||||||
Pharmaceuticals — 1.2% |
| |||||||
63 | Bristol-Myers Squibb Co. | 3,870 | ||||||
22 | Eli Lilly & Co. | 4,575 | ||||||
34 | Jazz Pharmaceuticals PLC(a) | 5,287 | ||||||
198 | Merck & Co., Inc. | 15,260 | ||||||
270 | Novartis AG, Sponsored ADR | 24,427 | ||||||
87 | Novo Nordisk A/S, Sponsored ADR | 6,055 | ||||||
41 | Perrigo Co. PLC | 1,751 | ||||||
153 | Pfizer, Inc. | 5,493 | ||||||
Pharmaceuticals — continued |
| |||||||
473 | Roche Holding AG, Sponsored ADR | $ | 20,533 | |||||
8 | Zoetis, Inc. | 1,234 | ||||||
|
| |||||||
88,485 | ||||||||
|
| |||||||
Professional Services — 0.2% |
| |||||||
63 | Exponent, Inc. | 5,202 | ||||||
10 | IHS Markit Ltd. | 871 | ||||||
25 | Insperity, Inc. | 1,962 | ||||||
64 | Korn Ferry | 2,918 | ||||||
38 | ManpowerGroup, Inc. | 3,361 | ||||||
32 | Nielsen Holdings PLC | 715 | ||||||
|
| |||||||
15,029 | ||||||||
|
| |||||||
Real Estate Management & Development — 0.2% |
| |||||||
121 | CBRE Group, Inc., Class A(a) | 7,378 | ||||||
32 | Jones Lang LaSalle, Inc.(a) | 4,679 | ||||||
|
| |||||||
12,057 | ||||||||
|
| |||||||
REITs – Apartments — 0.2% |
| |||||||
115 | American Campus Communities, Inc. | 4,733 | ||||||
76 | Camden Property Trust | 7,764 | ||||||
34 | Equity Residential | 2,096 | ||||||
|
| |||||||
14,593 | ||||||||
|
| |||||||
REITs – Diversified — 0.1% |
| |||||||
35 | American Tower Corp. | 7,958 | ||||||
8 | Crown Castle International Corp. | 1,274 | ||||||
69 | Weyerhaeuser Co. | 2,152 | ||||||
|
| |||||||
11,384 | ||||||||
|
| |||||||
REITs – Health Care — 0.0% |
| |||||||
36 | Ventas, Inc. | 1,659 | ||||||
17 | Welltower, Inc. | 1,030 | ||||||
|
| |||||||
2,689 | ||||||||
|
| |||||||
REITs – Hotels — 0.1% |
| |||||||
112 | Host Hotels & Resorts, Inc. | 1,517 | ||||||
338 | Park Hotels & Resorts, Inc. | 5,638 | ||||||
|
| |||||||
7,155 | ||||||||
|
| |||||||
REITs – Mortgage — 0.1% |
| |||||||
159 | Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 9,405 | ||||||
|
| |||||||
REITs – Office Property — 0.3% |
| |||||||
7 | Boston Properties, Inc. | 639 | ||||||
173 | Corporate Office Properties Trust | 4,544 | ||||||
196 | Douglas Emmett, Inc. | 5,431 | ||||||
261 | Easterly Government Properties, Inc. | 5,729 | ||||||
87 | Kilroy Realty Corp. | 4,927 | ||||||
|
| |||||||
21,270 | ||||||||
|
| |||||||
REITs – Shopping Centers — 0.1% |
| |||||||
465 | Brixmor Property Group, Inc. | 7,872 | ||||||
|
| |||||||
REITs – Storage — 0.0% |
| |||||||
25 | Iron Mountain, Inc. | 842 | ||||||
|
| |||||||
REITs – Warehouse/Industrials — 0.1% |
| |||||||
55 | CyrusOne, Inc. | 4,012 | ||||||
73 | ProLogis, Inc. | 7,534 | ||||||
|
| |||||||
11,546 | ||||||||
|
| |||||||
Road & Rail — 0.2% |
| |||||||
28 | CSX Corp. | 2,401 | ||||||
34 | Norfolk Southern Corp. | 8,045 | ||||||
50 | Ryder System, Inc. | 3,130 | ||||||
22 | Union Pacific Corp. | 4,344 | ||||||
|
| |||||||
17,920 | ||||||||
|
|
See accompanying notes to financial statements.
47 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2030 Fund – (continued)
Shares | Description | Value (†) | ||||||
Semiconductors & Semiconductor Equipment — 2.3% |
| |||||||
43 | Advanced Micro Devices, Inc.(a) | $ | 3,683 | |||||
13 | Analog Devices, Inc. | 1,915 | ||||||
32 | Applied Materials, Inc. | 3,094 | ||||||
66 | Cirrus Logic, Inc.(a) | 6,184 | ||||||
114 | Cree, Inc.(a) | 11,523 | ||||||
38 | Enphase Energy, Inc.(a) | 6,929 | ||||||
142 | First Solar, Inc.(a) | 14,079 | ||||||
87 | Ichor Holdings Ltd.(a) | 3,141 | ||||||
156 | Intel Corp. | 8,660 | ||||||
5 | Lam Research Corp. | 2,420 | ||||||
20 | Micron Technology, Inc.(a) | 1,565 | ||||||
109 | NVIDIA Corp. | 56,635 | ||||||
180 | QUALCOMM, Inc. | 28,130 | ||||||
52 | Silicon Laboratories, Inc.(a) | 6,821 | ||||||
65 | Texas Instruments, Inc. | 10,770 | ||||||
27 | Universal Display Corp. | 6,232 | ||||||
9 | Xilinx, Inc. | 1,175 | ||||||
|
| |||||||
172,956 | ||||||||
|
| |||||||
Software — 3.3% |
| |||||||
28 | Adobe, Inc.(a) | 12,846 | ||||||
28 | ANSYS, Inc.(a) | 9,922 | ||||||
152 | Autodesk, Inc.(a) | 42,169 | ||||||
39 | Blackbaud, Inc. | 2,593 | ||||||
54 | Bottomline Technologies, Inc.(a) | 2,580 | ||||||
10 | Citrix Systems, Inc. | 1,333 | ||||||
17 | Fair Isaac Corp.(a) | 7,652 | ||||||
187 | Microsoft Corp. | 43,377 | ||||||
40 | NortonLifeLock, Inc. | 843 | ||||||
582 | Oracle Corp. | 35,170 | ||||||
33 | Paylocity Holding Corp.(a) | 6,186 | ||||||
48 | PTC, Inc.(a) | 6,380 | ||||||
35 | Qualys, Inc.(a) | 4,846 | ||||||
146 | salesforce.com, Inc.(a) | 32,932 | ||||||
54 | SPS Commerce, Inc.(a) | 5,340 | ||||||
154 | Workday, Inc., Class A(a) | 35,040 | ||||||
|
| |||||||
249,209 | ||||||||
|
| |||||||
Specialty Retail — 0.8% |
| |||||||
120 | American Eagle Outfitters, Inc. | 2,723 | ||||||
43 | Asbury Automotive Group, Inc.(a) | 6,132 | ||||||
2 | AutoZone, Inc.(a) | 2,237 | ||||||
29 | Best Buy Co., Inc. | 3,156 | ||||||
21 | Five Below, Inc.(a) | 3,690 | ||||||
60 | Gap, Inc. (The)(a) | 1,215 | ||||||
65 | Home Depot, Inc. (The) | 17,603 | ||||||
30 | Lithia Motors, Inc., Class A | 9,560 | ||||||
14 | Lowe’s Cos., Inc. | 2,336 | ||||||
33 | Monro, Inc. | 1,929 | ||||||
17 | TJX Cos., Inc. (The) | 1,089 | ||||||
8 | Ulta Beauty, Inc.(a) | 2,238 | ||||||
42 | Williams-Sonoma, Inc. | 5,415 | ||||||
|
| |||||||
59,323 | ||||||||
|
| |||||||
Technology Hardware, Storage & Peripherals — 0.4% |
| |||||||
1,008 | Hewlett Packard Enterprise Co. | 12,439 | ||||||
630 | HP, Inc. | 15,334 | ||||||
110 | NCR Corp.(a) | 3,670 | ||||||
20 | Seagate Technology PLC | 1,322 | ||||||
|
| |||||||
32,765 | ||||||||
|
| |||||||
Textiles, Apparel & Luxury Goods — 0.4% |
| |||||||
25 | Deckers Outdoor Corp.(a) | 7,300 | ||||||
841 | Under Armour, Inc., Class A(a) | 14,717 | ||||||
68 | VF Corp. | 5,227 | ||||||
Textiles, Apparel & Luxury Goods — continued |
| |||||||
100 | Wolverine World Wide, Inc. | $ | 2,864 | |||||
|
| |||||||
30,108 | ||||||||
|
| |||||||
Thrifts & Mortgage Finance — 0.1% |
| |||||||
143 | Mr. Cooper Group, Inc.(a) | 3,894 | ||||||
378 | New York Community Bancorp, Inc. | 3,954 | ||||||
|
| |||||||
7,848 | ||||||||
|
| |||||||
Trading Companies & Distributors — 0.0% |
| |||||||
32 | GATX Corp. | 2,970 | ||||||
|
| |||||||
Water Utilities — 0.2% |
| |||||||
41 | American Water Works Co., Inc. | 6,520 | ||||||
250 | Essential Utilities, Inc. | 11,575 | ||||||
|
| |||||||
18,095 | ||||||||
|
| |||||||
Wireless Telecommunication Services — 0.1% |
| |||||||
74 | Shenandoah Telecommunications Co. | 2,876 | ||||||
60 | T-Mobile US, Inc.(a) | 7,565 | ||||||
|
| |||||||
10,441 | ||||||||
|
| |||||||
Total Common Stocks (Identified Cost $2,899,441) | 3,430,020 | |||||||
|
| |||||||
Principal Amount | ||||||||
Bonds and Notes — 14.4% | ||||||||
Automotive — 0.2% |
| |||||||
$ | 8,000 | General Motors Financial Co., Inc., 4.350%, 1/17/2027 | 9,163 | |||||
9,000 | Toyota Motor Credit Corp., MTN, 2.600%, 1/11/2022 | 9,191 | ||||||
|
| |||||||
18,354 | ||||||||
|
| |||||||
Banking — 2.3% |
| |||||||
10,000 | American Express Co., 3.700%, 8/03/2023 | 10,794 | ||||||
8,000 | Bank of America Corp., (fixed rate to 1/20/2022, variable rate thereafter), MTN, 3.124%, 1/20/2023 | 8,208 | ||||||
9,000 | Bank of Montreal, MTN, 1.900%, 8/27/2021 | 9,090 | ||||||
9,000 | Bank of New York Mellon Corp. (The), Series 12, MTN, 3.650%, 2/04/2024 | 9,842 | ||||||
4,000 | Bank of Nova Scotia (The), 3.400%, 2/11/2024 | 4,347 | ||||||
10,000 | BNP Paribas S.A., MTN, 3.250%, 3/03/2023 | 10,622 | ||||||
10,000 | Capital One Financial Corp., 3.300%, 10/30/2024 | 10,907 | ||||||
9,000 | Citigroup, Inc., 4.600%, 3/09/2026 | 10,441 | ||||||
5,000 | Cooperatieve Rabobank UA, 3.875%, 2/08/2022 | 5,184 | ||||||
3,000 | Deutsche Bank AG, GMTN, 3.375%, 5/12/2021 | 3,023 | ||||||
8,000 | Goldman Sachs Group, Inc. (The), 3.750%, 5/22/2025 | 8,908 | ||||||
8,000 | JPMorgan Chase & Co., (fixed rate to 3/01/2024, variable rate thereafter), 3.220%, 3/01/2025 | 8,620 | ||||||
11,000 | KeyCorp, MTN, 2.550%, 10/01/2029 | 11,731 | ||||||
9,000 | Morgan Stanley, Series F, 3.875%, 4/29/2024 | 9,934 | ||||||
11,000 | PNC Financial Services Group, Inc. (The), 2.600%, 7/23/2026 | 12,003 | ||||||
5,000 | Royal Bank of Canada, GMTN, 2.550%, 7/16/2024 | 5,343 | ||||||
4,000 | Santander Holdings USA, Inc., 3.500%, 6/07/2024 | 4,324 | ||||||
11,000 | Truist Bank, 3.200%, 4/01/2024 | 11,926 | ||||||
10,000 | Wells Fargo & Co., MTN, 3.000%, 2/19/2025 | 10,815 | ||||||
11,000 | Westpac Banking Corp., 2.350%, 2/19/2025 | 11,747 | ||||||
|
| |||||||
177,809 | ||||||||
|
| |||||||
Brokerage — 0.3% |
| |||||||
9,000 | BlackRock, Inc., 2.400%, 4/30/2030 | 9,672 | ||||||
10,000 | Intercontinental Exchange, Inc., 3.000%, 6/15/2050 | 10,233 | ||||||
|
| |||||||
19,905 | ||||||||
|
| |||||||
Cable Satellite — 0.1% |
| |||||||
8,000 | Comcast Corp., 3.000%, 2/01/2024 | 8,602 | ||||||
|
|
See accompanying notes to financial statements.
| 48
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2030 Fund – (continued)
Principal Amount | Description | Value (†) | ||||||
Construction Machinery — 0.3% |
| |||||||
$ | 11,000 | Caterpillar Financial Services Corp., 0.650%, 7/07/2023 | $ | 11,083 | ||||
8,000 | John Deere Capital Corp., MTN, 2.650%, 1/06/2022 | 8,178 | ||||||
|
| |||||||
19,261 | ||||||||
|
| |||||||
Consumer Cyclical Services — 0.2% |
| |||||||
5,000 | Amazon.com, Inc., 3.875%, 8/22/2037 | 6,086 | ||||||
8,000 | eBay, Inc., 3.800%, 3/09/2022 | 8,279 | ||||||
|
| |||||||
14,365 | ||||||||
|
| |||||||
Electric — 0.6% |
| |||||||
8,000 | Duke Energy Corp., 3.750%, 4/15/2024 | 8,741 | ||||||
11,000 | Entergy Corp., 0.900%, 9/15/2025 | 10,979 | ||||||
6,000 | Exelon Corp., 4.050%, 4/15/2030 | 7,016 | ||||||
10,000 | NextEra Energy Capital Holdings, Inc., 2.250%, 6/01/2030 | 10,351 | ||||||
8,000 | Virginia Electric & Power Co., Series A, 3.150%, 1/15/2026 | 8,819 | ||||||
|
| |||||||
45,906 | ||||||||
|
| |||||||
Finance Companies — 0.1% |
| |||||||
6,000 | Ares Capital Corp., 3.250%, 7/15/2025 | 6,346 | ||||||
|
| |||||||
Financial Other — 0.1% |
| |||||||
8,000 | ORIX Corp., 2.900%, 7/18/2022 | 8,274 | ||||||
|
| |||||||
Food & Beverage — 0.4% |
| |||||||
11,000 | Coca-Cola Co. (The), 1.450%, 6/01/2027 | 11,262 | ||||||
9,000 | General Mills, Inc., 4.000%, 4/17/2025 | 10,139 | ||||||
10,000 | Mondelez International, Inc., 2.750%, 4/13/2030 | 10,809 | ||||||
|
| |||||||
32,210 | ||||||||
|
| |||||||
Government Owned – No Guarantee — 0.3% |
| |||||||
14,000 | Federal National Mortgage Association, 6.625%, 11/15/2030 | 20,966 | ||||||
|
| |||||||
Health Insurance — 0.3% |
| |||||||
9,000 | Anthem, Inc., 4.101%, 3/01/2028 | 10,520 | ||||||
8,000 | UnitedHealth Group, Inc., 5.800%, 3/15/2036 | 11,603 | ||||||
|
| |||||||
22,123 | ||||||||
|
| |||||||
Healthcare — 0.4% |
| |||||||
5,000 | Cigna Corp., 3.750%, 7/15/2023 | 5,394 | ||||||
4,000 | CVS Health Corp., 4.300%, 3/25/2028 | 4,699 | ||||||
5,000 | DH Europe Finance II S.a.r.l., 2.200%, 11/15/2024 | 5,299 | ||||||
9,000 | McKesson Corp., 3.950%, 2/16/2028 | 10,395 | ||||||
4,000 | Quest Diagnostics, Inc., 2.950%, 6/30/2030 | 4,401 | ||||||
|
| |||||||
30,188 | ||||||||
|
| |||||||
Independent Energy — 0.1% |
| |||||||
8,000 | EQT Corp., 3.000%, 10/01/2022 | 8,125 | ||||||
|
| |||||||
Integrated Energy — 0.4% |
| |||||||
9,000 | BP Capital Markets PLC, 3.814%, 2/10/2024 | 9,856 | ||||||
10,000 | Exxon Mobil Corp., 2.992%, 3/19/2025 | 10,870 | ||||||
7,000 | Shell International Finance BV, 6.375%, 12/15/2038 | 10,598 | ||||||
|
| |||||||
31,324 | ||||||||
|
| |||||||
Life Insurance — 0.0% |
| |||||||
3,000 | Brighthouse Financial, Inc., 3.700%, 6/22/2027 | 3,306 | ||||||
|
| |||||||
Media Entertainment — 0.1% |
| |||||||
4,000 | ViacomCBS, Inc., 4.750%, 5/15/2025 | 4,613 | ||||||
|
| |||||||
Midstream — 0.3% |
| |||||||
9,000 | Energy Transfer Operating LP, 4.050%, 3/15/2025 | 9,817 | ||||||
9,000 | Kinder Morgan Energy Partners LP, 4.150%, 2/01/2024 | 9,824 | ||||||
|
| |||||||
19,641 | ||||||||
|
| |||||||
Mortgage Related — 2.0% |
| |||||||
5,338 | FHLMC, 3.000%, 6/01/2049 | 5,612 | ||||||
4,912 | FNMA, 2.000%, 9/01/2050 | 5,075 | ||||||
59,830 | FNMA, 2.500%, with various maturities from 2050 to 2051(b) | 63,016 | ||||||
Mortgage Related — continued |
| |||||||
$ | 34,019 | FNMA, 3.000%, with various maturities from 2034 to 2049(b) | $ | 35,812 | ||||
29,676 | FNMA, 3.500%, with various maturities in 2049(b) | 31,528 | ||||||
7,252 | FNMA, 4.000%, with various maturities from 2049 to 2050(b) | 7,770 | ||||||
7,035 | FNMA, 4.500%, with various maturities from 2048 to 2049(b) | 7,646 | ||||||
|
| |||||||
156,459 | ||||||||
|
| |||||||
Natural Gas — 0.2% |
| |||||||
11,000 | NiSource, Inc., 0.950%, 8/15/2025 | 11,012 | ||||||
|
| |||||||
Oil Field Services — 0.1% |
| |||||||
10,000 | Baker Hughes a GE Co. LLC/Baker Hughes Co-Obligor, Inc., 2.773%, 12/15/2022 | 10,417 | ||||||
|
| |||||||
Pharmaceuticals — 0.4% |
| |||||||
9,000 | AbbVie, Inc., 3.600%, 5/14/2025 | 9,976 | ||||||
9,000 | Amgen, Inc., 2.650%, 5/11/2022 | 9,257 | ||||||
10,000 | Johnson & Johnson, 1.300%, 9/01/2030 | 9,864 | ||||||
|
| |||||||
29,097 | ||||||||
|
| |||||||
Property & Casualty Insurance — 0.1% |
| |||||||
8,000 | American International Group, Inc., 3.400%, 6/30/2030 | 8,927 | ||||||
|
| |||||||
Railroads — 0.1% |
| |||||||
10,000 | CSX Corp., 2.600%, 11/01/2026 | 10,887 | ||||||
|
| |||||||
REITs – Office Property — 0.1% |
| |||||||
6,000 | Boston Properties LP, 2.750%, 10/01/2026 | 6,499 | ||||||
|
| |||||||
Restaurants — 0.1% |
| |||||||
10,000 | Starbucks Corp., 2.250%, 3/12/2030 | 10,417 | ||||||
|
| |||||||
Technology — 1.0% |
| |||||||
9,000 | Apple, Inc., 2.500%, 2/09/2025 | 9,680 | ||||||
6,000 | Broadcom, Inc., 4.110%, 9/15/2028 | 6,773 | ||||||
6,000 | HP, Inc., 3.000%, 6/17/2027 | 6,578 | ||||||
6,000 | Intel Corp., 2.450%, 11/15/2029 | 6,423 | ||||||
10,000 | International Business Machines Corp., 4.000%, 6/20/2042 | 11,961 | ||||||
5,000 | NVIDIA Corp., 2.850%, 4/01/2030 | 5,511 | ||||||
8,000 | Oracle Corp., 2.950%, 5/15/2025 | 8,701 | ||||||
10,000 | QUALCOMM, Inc., 1.650%, 5/20/2032 | 9,852 | ||||||
10,000 | VMware, Inc., 2.950%, 8/21/2022 | 10,360 | ||||||
|
| |||||||
75,839 | ||||||||
|
| |||||||
Treasuries — 3.5% |
| |||||||
14,000 | U.S. Treasury Bond, 2.500%, 5/15/2046 | 16,067 | ||||||
25,000 | U.S. Treasury Bond, 2.875%, 11/15/2046 | 30,695 | ||||||
27,000 | U.S. Treasury Bond, 3.000%, 5/15/2045 | 33,710 | ||||||
9,000 | U.S. Treasury Bond, 3.000%, 2/15/2048 | 11,345 | ||||||
24,000 | U.S. Treasury Bond, 3.000%, 2/15/2049 | 30,384 | ||||||
5,000 | U.S. Treasury Bond, 4.250%, 11/15/2040 | 7,274 | ||||||
7,000 | U.S. Treasury Bond, 4.375%, 5/15/2041 | 10,382 | ||||||
4,000 | U.S. Treasury Bond, 4.500%, 2/15/2036 | 5,728 | ||||||
30,000 | U.S. Treasury Note, 0.375%, 11/30/2025 | 29,953 | ||||||
47,000 | U.S. Treasury Note, 1.625%, 8/31/2022 | 48,118 | ||||||
46,000 | U.S. Treasury Note, 2.125%, 12/31/2022 | 47,759 | ||||||
|
| |||||||
271,415 | ||||||||
|
| |||||||
Wireless — 0.2% |
| |||||||
9,000 | Vodafone Group PLC, 6.150%, 2/27/2037 | 12,570 | ||||||
|
| |||||||
Wirelines — 0.1% |
| |||||||
7,000 | Verizon Communications, Inc., 3-month LIBOR + 1.100%, 1.321%, 5/15/2025(c) | 7,203 | ||||||
|
| |||||||
Total Bonds and Notes (Identified Cost $1,072,042) | 1,102,060 | |||||||
|
|
See accompanying notes to financial statements.
49 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2030 Fund – (continued)
Shares | Description | Value (†) | ||||||
Exchange-Traded Funds — 6.6% | ||||||||
7,002 | iShares® ESG Aware MSCI EAFE ETF (Identified Cost $442,880) | $ | 506,525 | |||||
|
| |||||||
Affiliated Mutual Funds — 33.1% | ||||||||
32,801 | Loomis Sayles Inflation Protected Securities Fund, Class N | 393,284 | ||||||
33,798 | Loomis Sayles Limited Term Government and Agency Fund, Class N | 390,030 | ||||||
47,242 | Mirova Global Green Bond Fund, Class N | 507,378 | ||||||
38,866 | Mirova International Sustainable Equity Fund, Class N | 529,359 | ||||||
11,960 | WCM Focused Emerging Markets Fund, Institutional Class | 239,917 | ||||||
19,216 | WCM Focused International Growth Fund, Institutional Class | 473,475 | ||||||
|
| |||||||
Total Affiliated Mutual Funds (Identified Cost $2,333,843) | 2,533,443 | |||||||
|
| |||||||
Principal Amount | ||||||||
Short-Term Investments — 2.5% | ||||||||
$ | 194,788 | Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 1/29/2021 at 0.000% to be repurchased at $194,788 on 2/01/2021 collateralized by $187,000 U.S. Treasury Note, 2.750% due 5/31/2023 valued at $199,177 including accrued interest (Note 2 of Notes to Financial Statements) (Identified Cost $194,788) | 194,788 | |||||
|
| |||||||
Total Investments — 101.3% (Identified Cost $6,942,994) | 7,766,836 | |||||||
Other assets less liabilities — (1.3)% | (101,997 | ) | ||||||
|
| |||||||
Net Assets — 100.0% | $ | 7,664,839 | ||||||
|
| |||||||
(†) | See Note 2 of Notes to Financial Statements. |
| ||||||
(a) | Non-income producing security. |
| ||||||
(b) | The Fund’s investment in mortgage related securities of Federal National Mortgage Association are interests in separate pools of mortgages. All separate investments in securities of each issuer which have the same coupon rate have been aggregated for the purpose of presentation in the Portfolio of Investments. |
| ||||||
(c) | Variable rate security. Rate as of January 31, 2021 is disclosed. |
| ||||||
ADR | An American Depositary Receipt is a certificate issued by a custodian bank representing the right to receive securities of the foreign issuer described. The values of ADRs may be significantly influenced by trading on exchanges not located in the United States. |
| ||||||
ETF | Exchange-Traded Fund |
| ||||||
FHLMC | Federal Home Loan Mortgage Corp. |
| ||||||
FNMA | Federal National Mortgage Association |
| ||||||
GMTN | Global Medium Term Note |
| ||||||
LIBOR | London Interbank Offered Rate |
| ||||||
MTN | Medium Term Note |
| ||||||
REITs | Real Estate Investment Trusts |
|
Asset Allocation Summary at January 31, 2021
Equity | 67.5 | % | ||
Fixed Income | 31.3 | |||
Short-Term Investments | 2.5 | |||
|
| |||
Total Investments | 101.3 | |||
Other assets less liabilities | (1.3 | ) | ||
|
| |||
Net Assets | 100.0 | % | ||
|
|
See accompanying notes to financial statements.
| 50
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2035 Fund
Shares | Description | Value (†) | ||||||
Common Stocks — 51.7% of Net Assets | ||||||||
Aerospace & Defense — 0.8% |
| |||||||
29 | Axon Enterprise, Inc.(a) | $ | 4,761 | |||||
182 | Boeing Co. (The) | 35,342 | ||||||
72 | General Dynamics Corp. | 10,561 | ||||||
6 | L3Harris Technologies, Inc. | 1,029 | ||||||
43 | Moog, Inc., Class A | 3,176 | ||||||
82 | Raytheon Technologies Corp. | 5,472 | ||||||
|
| |||||||
60,341 | ||||||||
|
| |||||||
Air Freight & Logistics — 0.5% |
| |||||||
307 | Expeditors International of Washington, Inc. | 27,483 | ||||||
45 | United Parcel Service, Inc., Class B | 6,975 | ||||||
|
| |||||||
34,458 | ||||||||
|
| |||||||
Airlines — 0.1% |
| |||||||
18 | Alaska Air Group, Inc. | 879 | ||||||
59 | Delta Air Lines, Inc. | 2,240 | ||||||
410 | JetBlue Airways Corp.(a) | 5,879 | ||||||
|
| |||||||
8,998 | ||||||||
|
| |||||||
Auto Components — 0.4% |
| |||||||
140 | Aptiv PLC | 18,704 | ||||||
24 | BorgWarner, Inc. | 1,008 | ||||||
276 | Dana, Inc. | 5,343 | ||||||
37 | Visteon Corp.(a) | 4,717 | ||||||
|
| |||||||
29,772 | ||||||||
|
| |||||||
Automobiles — 0.4% |
| |||||||
526 | General Motors Co. | 26,658 | ||||||
40 | Thor Industries, Inc. | 4,840 | ||||||
|
| |||||||
31,498 | ||||||||
|
| |||||||
Banks — 2.4% |
| |||||||
112 | Ameris Bancorp | 4,380 | ||||||
192 | BancorpSouth Bank | 5,309 | ||||||
950 | Bank of America Corp. | 28,167 | ||||||
470 | Citigroup, Inc. | 27,255 | ||||||
138 | Citizens Financial Group, Inc. | 5,029 | ||||||
146 | Columbia Banking System, Inc. | 5,624 | ||||||
14 | Comerica, Inc. | 801 | ||||||
97 | Cullen/Frost Bankers, Inc. | 8,947 | ||||||
60 | Fifth Third Bancorp | 1,736 | ||||||
335 | Fulton Financial Corp. | 4,489 | ||||||
115 | Huntington Bancshares, Inc. | 1,521 | ||||||
178 | International Bancshares Corp. | 6,730 | ||||||
213 | KeyCorp | 3,591 | ||||||
36 | M&T Bank Corp. | 4,769 | ||||||
238 | People’s United Financial, Inc. | 3,251 | ||||||
88 | PNC Financial Services Group, Inc. (The) | 12,630 | ||||||
247 | Regions Financial Corp. | 4,201 | ||||||
155 | TCF Financial Corp. | 6,023 | ||||||
260 | Truist Financial Corp. | 12,475 | ||||||
276 | Trustmark Corp. | 7,582 | ||||||
116 | U.S. Bancorp | 4,971 | ||||||
476 | Wells Fargo & Co. | 14,223 | ||||||
70 | Wintrust Financial Corp. | 4,213 | ||||||
|
| |||||||
177,917 | ||||||||
|
| |||||||
Beverages — 1.3% |
| |||||||
215 | Coca-Cola Co. (The) | 10,352 | ||||||
101 | Constellation Brands, Inc., Class A | 21,304 | ||||||
406 | Keurig Dr Pepper, Inc. | 12,911 | ||||||
483 | Monster Beverage Corp.(a) | 41,939 | ||||||
78 | PepsiCo, Inc. | 10,652 | ||||||
|
| |||||||
97,158 | ||||||||
|
| |||||||
Biotechnology — 1.1% |
| |||||||
51 | AbbVie, Inc. | $ | 5,226 | |||||
50 | Amgen, Inc. | 12,072 | ||||||
16 | Biogen, Inc.(a) | 4,522 | ||||||
120 | BioMarin Pharmaceutical, Inc.(a) | 9,934 | ||||||
134 | Gilead Sciences, Inc. | 8,790 | ||||||
27 | Ligand Pharmaceuticals, Inc.(a) | 5,004 | ||||||
74 | Regeneron Pharmaceuticals, Inc.(a) | 37,284 | ||||||
|
| |||||||
82,832 | ||||||||
|
| |||||||
Building Products — 0.3% |
| |||||||
35 | Carrier Global Corp. | 1,348 | ||||||
32 | Johnson Controls International PLC | 1,594 | ||||||
29 | Lennox International, Inc. | 7,989 | ||||||
86 | Owens Corning | 6,674 | ||||||
56 | Trex Co., Inc.(a) | 5,139 | ||||||
|
| |||||||
22,744 | ||||||||
|
| |||||||
Capital Markets — 3.1% |
| |||||||
12 | Ameriprise Financial, Inc. | 2,374 | ||||||
740 | Bank of New York Mellon Corp. (The) | 29,474 | ||||||
11 | BlackRock, Inc. | 7,714 | ||||||
555 | Charles Schwab Corp. (The) | 28,605 | ||||||
18 | CME Group, Inc. | 3,271 | ||||||
63 | FactSet Research Systems, Inc. | 19,047 | ||||||
73 | Franklin Resources, Inc. | 1,919 | ||||||
75 | Goldman Sachs Group, Inc. (The) | 20,338 | ||||||
32 | Intercontinental Exchange, Inc. | 3,531 | ||||||
25 | Invesco Ltd. | 515 | ||||||
144 | Janus Henderson Group PLC | 4,429 | ||||||
170 | KKR & Co., Inc. | 6,622 | ||||||
34 | Moody’s Corp. | 9,053 | ||||||
13 | Morgan Stanley | 872 | ||||||
36 | MSCI, Inc. | 14,231 | ||||||
124 | Northern Trust Corp. | 11,060 | ||||||
46 | S&P Global, Inc. | 14,582 | ||||||
266 | SEI Investments Co. | 14,058 | ||||||
506 | State Street Corp. | 35,420 | ||||||
8 | T. Rowe Price Group, Inc. | 1,252 | ||||||
|
| |||||||
228,367 | ||||||||
|
| |||||||
Chemicals — 0.6% |
| |||||||
10 | Air Products & Chemicals, Inc. | 2,668 | ||||||
31 | DuPont de Nemours, Inc. | 2,463 | ||||||
12 | Ecolab, Inc. | 2,454 | ||||||
78 | HB Fuller Co. | 3,969 | ||||||
53 | Innospec, Inc. | 4,653 | ||||||
55 | Linde PLC | 13,497 | ||||||
63 | Minerals Technologies, Inc. | 3,883 | ||||||
9 | PPG Industries, Inc. | 1,212 | ||||||
3 | Sherwin-Williams Co. (The) | 2,075 | ||||||
36 | Stepan Co. | 4,057 | ||||||
|
| |||||||
40,931 | ||||||||
|
| |||||||
Commercial Services & Supplies — 0.2% |
| |||||||
61 | Healthcare Services Group, Inc. | 1,978 | ||||||
38 | MSA Safety, Inc. | 5,933 | ||||||
8 | Republic Services, Inc. | 724 | ||||||
58 | Tetra Tech, Inc. | 7,051 | ||||||
13 | Waste Management, Inc. | 1,447 | ||||||
|
| |||||||
17,133 | ||||||||
|
| |||||||
Communications Equipment — 0.6% |
| |||||||
38 | Arista Networks, Inc.(a) | 11,687 | ||||||
91 | Ciena Corp.(a) | 4,859 | ||||||
483 | Cisco Systems, Inc. | 21,532 | ||||||
8 | F5 Networks, Inc.(a) | 1,568 |
See accompanying notes to financial statements.
51 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2035 Fund – (continued)
Shares | Description | Value (†) | ||||||
Communications Equipment — continued |
| |||||||
53 | Lumentum Holdings, Inc.(a) | $ | 4,971 | |||||
|
| |||||||
44,617 | ||||||||
|
| |||||||
Construction & Engineering — 0.2% |
| |||||||
180 | AECOM(a) | 9,018 | ||||||
221 | Fluor Corp. | 3,821 | ||||||
|
| |||||||
12,839 | ||||||||
|
| |||||||
Consumer Finance — 1.3% |
| |||||||
912 | Ally Financial, Inc. | 34,510 | ||||||
189 | American Express Co. | 21,973 | ||||||
310 | Capital One Financial Corp. | 32,321 | ||||||
50 | Green Dot Corp., Class A(a) | 2,511 | ||||||
40 | PROG Holdings, Inc. | 1,887 | ||||||
|
| |||||||
93,202 | ||||||||
|
| |||||||
Containers & Packaging — 0.2% |
| |||||||
66 | Ball Corp. | 5,810 | ||||||
52 | International Paper Co. | 2,616 | ||||||
280 | O-I Glass, Inc. | 3,539 | ||||||
|
| |||||||
11,965 | ||||||||
|
| |||||||
Distributors — 0.1% |
| |||||||
38 | Genuine Parts Co. | 3,567 | ||||||
|
| |||||||
Diversified Telecommunication Services — 0.3% |
| |||||||
204 | AT&T, Inc. | 5,841 | ||||||
1,124 | Lumen Technologies, Inc. | 13,915 | ||||||
|
| |||||||
19,756 | ||||||||
|
| |||||||
Electric Utilities — 0.6% |
| |||||||
132 | American Electric Power Co., Inc. | 10,680 | ||||||
191 | Edison International | 11,109 | ||||||
34 | Eversource Energy | 2,975 | ||||||
50 | IDACORP, Inc. | 4,415 | ||||||
193 | NextEra Energy, Inc. | 15,608 | ||||||
35 | PPL Corp. | 968 | ||||||
|
| |||||||
45,755 | ||||||||
|
| |||||||
Electrical Equipment — 0.6% |
| |||||||
18 | Acuity Brands, Inc. | 2,164 | ||||||
350 | Ballard Power Systems, Inc.(a) | 11,959 | ||||||
41 | Eaton Corp. PLC | 4,826 | ||||||
31 | Generac Holdings, Inc.(a) | 7,639 | ||||||
36 | Hubbell, Inc. | 5,602 | ||||||
32 | Rockwell Automation, Inc. | 7,953 | ||||||
60 | Sunrun, Inc.(a) | 4,156 | ||||||
|
| |||||||
44,299 | ||||||||
|
| |||||||
Electronic Equipment, Instruments & Components — 0.9% |
| |||||||
11 | Amphenol Corp., Class A | 1,374 | ||||||
100 | Avnet, Inc. | 3,531 | ||||||
102 | Cognex Corp. | 8,377 | ||||||
22 | Coherent, Inc.(a) | 4,418 | ||||||
38 | Corning, Inc. | 1,363 | ||||||
128 | Itron, Inc.(a) | 11,011 | ||||||
19 | Littelfuse, Inc. | 4,624 | ||||||
19 | Rogers Corp.(a) | 2,965 | ||||||
139 | TE Connectivity Ltd. | 16,736 | ||||||
121 | Trimble, Inc.(a) | 7,975 | ||||||
181 | Vishay Intertechnology, Inc. | 3,901 | ||||||
|
| |||||||
66,275 | ||||||||
|
| |||||||
Energy Equipment & Services — 0.3% |
| |||||||
763 | Archrock, Inc. | 6,768 | ||||||
120 | Baker Hughes Co. | 2,411 | ||||||
87 | NOV, Inc. | 1,077 | ||||||
639 | Schlumberger NV | 14,192 | ||||||
Energy Equipment & Services — continued |
| |||||||
58 | TechnipFMC PLC | $ | 620 | |||||
|
| |||||||
25,068 | ||||||||
|
| |||||||
Entertainment — 1.1% |
| |||||||
34 | Activision Blizzard, Inc. | 3,094 | ||||||
75 | Cinemark Holdings, Inc. | 1,518 | ||||||
66 | Electronic Arts, Inc. | 9,451 | ||||||
35 | Netflix, Inc.(a) | 18,634 | ||||||
296 | Walt Disney Co. (The)(a) | 49,778 | ||||||
|
| |||||||
82,475 | ||||||||
|
| |||||||
Food & Staples Retailing — 0.2% |
| |||||||
78 | BJ’s Wholesale Club Holdings, Inc.(a) | 3,281 | ||||||
79 | Kroger Co. (The) | 2,725 | ||||||
232 | SpartanNash Co. | 4,297 | ||||||
29 | Sysco Corp. | 2,074 | ||||||
67 | Walgreens Boots Alliance, Inc. | 3,367 | ||||||
|
| |||||||
15,744 | ||||||||
|
| |||||||
Food Products — 0.4% |
| |||||||
75 | Campbell Soup Co. | 3,608 | ||||||
19 | Conagra Brands, Inc. | 657 | ||||||
96 | Darling Ingredients, Inc.(a) | 5,953 | ||||||
56 | General Mills, Inc. | 3,254 | ||||||
104 | Hain Celestial Group, Inc. (The)(a) | 4,325 | ||||||
75 | Hormel Foods Corp. | 3,515 | ||||||
50 | Ingredion, Inc. | 3,773 | ||||||
16 | J.M. Smucker Co. (The) | 1,863 | ||||||
23 | Kellogg Co. | 1,356 | ||||||
12 | McCormick & Co., Inc. | 1,074 | ||||||
|
| |||||||
29,378 | ||||||||
|
| |||||||
Gas Utilities — 0.2% |
| |||||||
107 | New Jersey Resources Corp. | 3,746 | ||||||
57 | ONE Gas, Inc. | 4,168 | ||||||
118 | South Jersey Industries, Inc. | 2,726 | ||||||
123 | UGI Corp. | 4,427 | ||||||
|
| |||||||
15,067 | ||||||||
|
| |||||||
Health Care Equipment & Supplies — 1.0% |
| |||||||
53 | Abbott Laboratories | 6,550 | ||||||
11 | Baxter International, Inc. | 845 | ||||||
8 | Becton Dickinson & Co. | 2,094 | ||||||
35 | Boston Scientific Corp.(a) | 1,240 | ||||||
7 | Cooper Cos., Inc. (The) | 2,548 | ||||||
19 | Danaher Corp. | 4,519 | ||||||
16 | DENTSPLY SIRONA, Inc. | 856 | ||||||
49 | Edwards Lifesciences Corp.(a) | 4,046 | ||||||
56 | Globus Medical, Inc., Class A(a) | 3,455 | ||||||
29 | Haemonetics Corp.(a) | 3,314 | ||||||
50 | Hill-Rom Holdings, Inc. | 4,802 | ||||||
28 | Hologic, Inc.(a) | 2,233 | ||||||
16 | Intuitive Surgical, Inc.(a) | 11,962 | ||||||
34 | Medtronic PLC | 3,785 | ||||||
131 | Meridian Bioscience, Inc.(a) | 2,895 | ||||||
37 | Merit Medical Systems, Inc.(a) | 2,004 | ||||||
27 | Penumbra, Inc.(a) | 7,050 | ||||||
15 | Quidel Corp.(a) | 3,765 | ||||||
6 | STERIS PLC | 1,123 | ||||||
8 | Stryker Corp. | 1,768 | ||||||
6 | Varian Medical Systems, Inc.(a) | 1,053 | ||||||
|
| |||||||
71,907 | ||||||||
|
| |||||||
Health Care Providers & Services — 1.9% |
| |||||||
20 | Amedisys, Inc.(a) | 5,746 | ||||||
23 | Anthem, Inc. | 6,831 | ||||||
41 | BioTelemetry, Inc.(a) | 2,930 |
See accompanying notes to financial statements.
| 52
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2035 Fund – (continued)
Shares | Description | Value (†) | ||||||
Health Care Providers & Services — continued |
| |||||||
141 | Centene Corp.(a) | $ | 8,502 | |||||
13 | Chemed Corp. | 6,733 | ||||||
29 | Cigna Corp. | 6,294 | ||||||
209 | CVS Health Corp. | 14,975 | ||||||
51 | Encompass Health Corp. | 4,100 | ||||||
164 | HCA Healthcare, Inc. | 26,647 | ||||||
33 | Henry Schein, Inc.(a) | 2,173 | ||||||
59 | Humana, Inc. | 22,603 | ||||||
24 | Laboratory Corp. of America Holdings(a) | 5,494 | ||||||
209 | MEDNAX, Inc.(a) | 5,699 | ||||||
95 | Patterson Cos., Inc. | 3,010 | ||||||
38 | Quest Diagnostics, Inc. | 4,908 | ||||||
26 | UnitedHealth Group, Inc. | 8,673 | ||||||
|
| |||||||
135,318 | ||||||||
|
| |||||||
Health Care Technology — 0.4% |
| |||||||
203 | Allscripts Healthcare Solutions, Inc.(a) | 3,349 | ||||||
235 | Cerner Corp. | 18,826 | ||||||
99 | HMS Holdings Corp.(a) | 3,645 | ||||||
|
| |||||||
25,820 | ||||||||
|
| |||||||
Hotels, Restaurants & Leisure — 1.5% |
| |||||||
3 | Chipotle Mexican Grill, Inc.(a) | 4,440 | ||||||
49 | Dine Brands Global, Inc. | 3,369 | ||||||
175 | Hilton Worldwide Holdings, Inc. | 17,743 | ||||||
59 | Jack in the Box, Inc. | 5,554 | ||||||
590 | MGM Resorts International | 16,851 | ||||||
20 | Royal Caribbean Cruises Ltd. | 1,300 | ||||||
70 | Shake Shack, Inc., Class A(a) | 7,939 | ||||||
253 | Starbucks Corp. | 24,493 | ||||||
192 | Wendy’s Co. (The) | 3,917 | ||||||
269 | Yum China Holdings, Inc. | 15,255 | ||||||
92 | Yum! Brands, Inc. | 9,337 | ||||||
|
| |||||||
110,198 | ||||||||
|
| |||||||
Household Durables — 0.3% |
| |||||||
154 | KB Home | 6,413 | ||||||
121 | Meritage Homes Corp.(a) | 9,711 | ||||||
14 | Mohawk Industries, Inc.(a) | 2,010 | ||||||
207 | Taylor Morrison Home Corp.(a) | 5,378 | ||||||
|
| |||||||
23,512 | ||||||||
|
| |||||||
Household Products — 0.5% |
| |||||||
7 | Clorox Co. (The) | 1,466 | ||||||
230 | Colgate-Palmolive Co. | 17,940 | ||||||
125 | Kimberly-Clark Corp. | 16,513 | ||||||
|
| |||||||
35,919 | ||||||||
|
| |||||||
Independent Power & Renewable Electricity Producers — 0.5% |
| |||||||
87 | AES Corp. (The) | 2,122 | ||||||
109 | Boralex, Inc., Class A | 4,268 | ||||||
168 | NextEra Energy Partners LP | 13,692 | ||||||
66 | Ormat Technologies, Inc. | 7,535 | ||||||
128 | Sunnova Energy International, Inc.(a) | 5,613 | ||||||
|
| |||||||
33,230 | ||||||||
|
| |||||||
Industrial Conglomerates — 0.3% |
| |||||||
27 | Carlisle Cos., Inc. | 3,913 | ||||||
1,766 | General Electric Co. | 18,861 | ||||||
8 | Honeywell International, Inc. | 1,563 | ||||||
|
| |||||||
24,337 | ||||||||
|
| |||||||
Insurance — 1.4% |
| |||||||
29 | Aflac, Inc. | 1,310 | ||||||
41 | Allstate Corp. (The) | 4,394 | ||||||
491 | American International Group, Inc. | 18,383 | ||||||
72 | Chubb Ltd. | 10,488 | ||||||
Insurance — continued |
| |||||||
89 | First American Financial Corp. | $ | 4,654 | |||||
33 | Hanover Insurance Group, Inc. (The) | 3,712 | ||||||
124 | Hartford Financial Services Group, Inc. (The) | 5,955 | ||||||
15 | Lincoln National Corp. | 682 | ||||||
43 | Marsh & McLennan Cos., Inc. | 4,726 | ||||||
288 | MetLife, Inc. | 13,867 | ||||||
66 | Prudential Financial, Inc. | 5,167 | ||||||
245 | Reinsurance Group of America, Inc. | 25,737 | ||||||
33 | Travelers Cos., Inc. (The) | 4,498 | ||||||
|
| |||||||
103,573 | ||||||||
|
| |||||||
Interactive Media & Services — 2.5% |
| |||||||
26 | Alphabet, Inc., Class A(a) | 47,511 | ||||||
32 | Alphabet, Inc., Class C(a) | 58,744 | ||||||
293 | Facebook, Inc., Class A(a) | 75,691 | ||||||
|
| |||||||
181,946 | ||||||||
|
| |||||||
Internet & Direct Marketing Retail — 2.5% |
| |||||||
194 | Alibaba Group Holding Ltd., Sponsored ADR(a) | 49,243 | ||||||
21 | Amazon.com, Inc.(a) | 67,330 | ||||||
13 | Booking Holdings, Inc.(a) | 25,276 | ||||||
511 | eBay, Inc. | 28,877 | ||||||
8 | Etsy, Inc.(a) | 1,593 | ||||||
9 | Expedia Group, Inc. | 1,117 | ||||||
678 | Qurate Retail, Inc., Class A | 8,543 | ||||||
|
| |||||||
181,979 | ||||||||
|
| |||||||
IT Services — 2.6% |
| |||||||
58 | Accenture PLC, Class A | 14,031 | ||||||
107 | Akamai Technologies, Inc.(a) | 11,880 | ||||||
141 | Automatic Data Processing, Inc. | 23,282 | ||||||
54 | Cognizant Technology Solutions Corp., Class A | 4,209 | ||||||
648 | DXC Technology Co. | 18,274 | ||||||
88 | Fiserv, Inc.(a) | 9,037 | ||||||
113 | Gartner, Inc.(a) | 17,166 | ||||||
82 | MasterCard, Inc., Class A | 25,936 | ||||||
28 | Paychex, Inc. | 2,445 | ||||||
275 | Sabre Corp. | 2,964 | ||||||
14 | VeriSign, Inc.(a) | 2,717 | ||||||
273 | Visa, Inc., Class A | 52,757 | ||||||
26 | WEX, Inc.(a) | 4,904 | ||||||
|
| |||||||
189,602 | ||||||||
|
| |||||||
Leisure Products — 0.0% |
| |||||||
124 | Callaway Golf Co. | 3,458 | ||||||
|
| |||||||
Life Sciences Tools & Services — 0.7% |
| |||||||
23 | Agilent Technologies, Inc. | 2,764 | ||||||
61 | Illumina, Inc.(a) | 26,013 | ||||||
13 | IQVIA Holdings, Inc.(a) | 2,311 | ||||||
108 | NeoGenomics, Inc.(a) | 5,726 | ||||||
50 | Repligen Corp.(a) | 10,000 | ||||||
11 | Thermo Fisher Scientific, Inc. | 5,607 | ||||||
8 | Waters Corp.(a) | 2,117 | ||||||
|
| |||||||
54,538 | ||||||||
|
| |||||||
Machinery — 2.2% |
| |||||||
67 | AGCO Corp. | 7,430 | ||||||
168 | Caterpillar, Inc. | 30,717 | ||||||
69 | Cummins, Inc. | 16,175 | ||||||
165 | Deere & Co. | 47,652 | ||||||
61 | Flowserve Corp. | 2,169 | ||||||
14 | Illinois Tool Works, Inc. | 2,719 | ||||||
85 | ITT, Inc. | 6,350 | ||||||
114 | Kennametal, Inc. | 4,318 | ||||||
71 | Oshkosh Corp. | 6,503 | ||||||
76 | Parker-Hannifin Corp. | 20,111 |
See accompanying notes to financial statements.
53 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2035 Fund – (continued)
Shares | Description | Value (†) | ||||||
Machinery — continued |
| |||||||
20 | Proto Labs, Inc.(a) | $ | 4,236 | |||||
89 | Terex Corp. | 3,183 | ||||||
78 | Toro Co. (The) | 7,352 | ||||||
|
| |||||||
158,915 | ||||||||
|
| |||||||
Media — 1.3% |
| |||||||
5 | Cable One, Inc. | 10,000 | ||||||
37 | Charter Communications, Inc., Class A(a) | 22,480 | ||||||
778 | Comcast Corp., Class A | 38,565 | ||||||
107 | Discovery, Inc., Series A(a) | 4,432 | ||||||
26 | Discovery, Inc., Series C(a) | 911 | ||||||
73 | Fox Corp., Class A | 2,276 | ||||||
58 | Interpublic Group of Cos., Inc. (The) | 1,396 | ||||||
93 | New York Times Co. (The), Class A | 4,612 | ||||||
72 | News Corp., Class A | 1,397 | ||||||
87 | Omnicom Group, Inc. | 5,427 | ||||||
|
| |||||||
91,496 | ||||||||
|
| |||||||
Metals & Mining — 0.3% |
| |||||||
273 | Cleveland-Cliffs, Inc. | 4,188 | ||||||
163 | Commercial Metals Co. | 3,209 | ||||||
10 | Nucor Corp. | 487 | ||||||
69 | Reliance Steel & Aluminum Co. | 8,010 | ||||||
42 | Royal Gold, Inc. | 4,489 | ||||||
|
| |||||||
20,383 | ||||||||
|
| |||||||
Multi-Utilities — 0.2% |
| |||||||
78 | Consolidated Edison, Inc. | 5,520 | ||||||
29 | DTE Energy Co. | 3,443 | ||||||
34 | Sempra Energy | 4,208 | ||||||
21 | WEC Energy Group, Inc. | 1,867 | ||||||
|
| |||||||
15,038 | ||||||||
|
| |||||||
Multiline Retail — 0.2% |
| |||||||
393 | Macy’s, Inc. | 5,911 | ||||||
41 | Target Corp. | 7,428 | ||||||
|
| |||||||
13,339 | ||||||||
|
| |||||||
Oil, Gas & Consumable Fuels — 1.0% |
| |||||||
969 | Apache Corp. | 13,837 | ||||||
164 | ConocoPhillips | 6,565 | ||||||
90 | Devon Energy Corp. | 1,481 | ||||||
177 | Diamondback Energy, Inc. | 10,034 | ||||||
414 | EOG Resources, Inc. | 21,097 | ||||||
167 | EQT Corp. | 2,724 | ||||||
120 | Kinder Morgan, Inc. | 1,690 | ||||||
419 | Marathon Oil Corp. | 3,034 | ||||||
81 | ONEOK, Inc. | 3,226 | ||||||
445 | Southwestern Energy Co.(a) | 1,678 | ||||||
58 | Valero Energy Corp. | 3,273 | ||||||
76 | World Fuel Services Corp. | 2,325 | ||||||
|
| |||||||
70,964 | ||||||||
|
| |||||||
Paper & Forest Products — 0.1% |
| |||||||
119 | Louisiana-Pacific Corp. | 4,523 | ||||||
|
| |||||||
Personal Products — 0.0% |
| |||||||
4 | Estee Lauder Cos., Inc. (The), Class A | 947 | ||||||
|
| |||||||
Pharmaceuticals — 1.3% |
| |||||||
65 | Bristol-Myers Squibb Co. | 3,993 | ||||||
26 | Eli Lilly & Co. | 5,407 | ||||||
37 | Jazz Pharmaceuticals PLC(a) | 5,753 | ||||||
227 | Merck & Co., Inc. | 17,495 | ||||||
296 | Novartis AG, Sponsored ADR | 26,779 | ||||||
111 | Novo Nordisk A/S, Sponsored ADR | 7,726 | ||||||
32 | Perrigo Co. PLC | 1,366 | ||||||
159 | Pfizer, Inc. | 5,708 | ||||||
Pharmaceuticals — continued |
| |||||||
504 | Roche Holding AG, Sponsored ADR | $ | 21,879 | |||||
8 | Zoetis, Inc. | 1,234 | ||||||
|
| |||||||
97,340 | ||||||||
|
| |||||||
Professional Services — 0.2% |
| |||||||
68 | Exponent, Inc. | 5,615 | ||||||
8 | IHS Markit Ltd. | 697 | ||||||
27 | Insperity, Inc. | 2,119 | ||||||
73 | Korn Ferry | 3,329 | ||||||
43 | ManpowerGroup, Inc. | 3,803 | ||||||
43 | Nielsen Holdings PLC | 960 | ||||||
|
| |||||||
16,523 | ||||||||
|
| |||||||
Real Estate Management & Development — 0.2% |
| |||||||
136 | CBRE Group, Inc., Class A(a) | 8,293 | ||||||
35 | Jones Lang LaSalle, Inc.(a) | 5,118 | ||||||
|
| |||||||
13,411 | ||||||||
|
| |||||||
REITs – Apartments — 0.2% |
| |||||||
125 | American Campus Communities, Inc. | 5,145 | ||||||
87 | Camden Property Trust | 8,887 | ||||||
34 | Equity Residential | 2,096 | ||||||
|
| |||||||
16,128 | ||||||||
|
| |||||||
REITs – Diversified — 0.2% |
| |||||||
38 | American Tower Corp. | 8,640 | ||||||
8 | Crown Castle International Corp. | 1,274 | ||||||
68 | Weyerhaeuser Co. | 2,121 | ||||||
|
| |||||||
12,035 | ||||||||
|
| |||||||
REITs – Health Care — 0.0% |
| |||||||
35 | Ventas, Inc. | 1,613 | ||||||
14 | Welltower, Inc. | 848 | ||||||
|
| |||||||
2,461 | ||||||||
|
| |||||||
REITs – Hotels — 0.1% |
| |||||||
89 | Host Hotels & Resorts, Inc. | 1,206 | ||||||
366 | Park Hotels & Resorts, Inc. | 6,105 | ||||||
|
| |||||||
7,311 | ||||||||
|
| |||||||
REITs – Mortgage — 0.1% |
| |||||||
178 | Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 10,529 | ||||||
|
| |||||||
REITs – Office Property — 0.3% |
| |||||||
9 | Boston Properties, Inc. | 821 | ||||||
187 | Corporate Office Properties Trust | 4,912 | ||||||
212 | Douglas Emmett, Inc. | 5,875 | ||||||
283 | Easterly Government Properties, Inc. | 6,212 | ||||||
94 | Kilroy Realty Corp. | 5,323 | ||||||
|
| |||||||
23,143 | ||||||||
|
| |||||||
REITs – Shopping Centers — 0.1% |
| |||||||
529 | Brixmor Property Group, Inc. | 8,956 | ||||||
|
| |||||||
REITs – Storage — 0.0% |
| |||||||
25 | Iron Mountain, Inc. | 842 | ||||||
|
| |||||||
REITs – Warehouse/Industrials — 0.2% |
| |||||||
63 | CyrusOne, Inc. | 4,596 | ||||||
77 | ProLogis, Inc. | 7,946 | ||||||
|
| |||||||
12,542 | ||||||||
|
| |||||||
Road & Rail — 0.3% |
| |||||||
32 | CSX Corp. | 2,744 | ||||||
34 | Norfolk Southern Corp. | 8,045 | ||||||
57 | Ryder System, Inc. | 3,568 | ||||||
27 | Union Pacific Corp. | 5,332 | ||||||
|
| |||||||
19,689 | ||||||||
|
|
See accompanying notes to financial statements.
| 54
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2035 Fund – (continued)
Shares | Description | Value (†) | ||||||
Semiconductors & Semiconductor Equipment — 2.6% |
| |||||||
44 | Advanced Micro Devices, Inc.(a) | $ | 3,768 | |||||
15 | Analog Devices, Inc. | 2,210 | ||||||
37 | Applied Materials, Inc. | 3,577 | ||||||
72 | Cirrus Logic, Inc.(a) | 6,746 | ||||||
124 | Cree, Inc.(a) | 12,534 | ||||||
40 | Enphase Energy, Inc.(a) | 7,294 | ||||||
160 | First Solar, Inc.(a) | 15,864 | ||||||
95 | Ichor Holdings Ltd.(a) | 3,429 | ||||||
175 | Intel Corp. | 9,714 | ||||||
7 | Lam Research Corp. | 3,388 | ||||||
18 | Micron Technology, Inc.(a) | 1,409 | ||||||
123 | NVIDIA Corp. | 63,909 | ||||||
208 | QUALCOMM, Inc. | 32,506 | ||||||
58 | Silicon Laboratories, Inc.(a) | 7,608 | ||||||
71 | Texas Instruments, Inc. | 11,764 | ||||||
30 | Universal Display Corp. | 6,925 | ||||||
9 | Xilinx, Inc. | 1,175 | ||||||
|
| |||||||
193,820 | ||||||||
|
| |||||||
Software — 3.8% |
| |||||||
33 | Adobe, Inc.(a) | 15,139 | ||||||
31 | ANSYS, Inc.(a) | 10,985 | ||||||
170 | Autodesk, Inc.(a) | 47,163 | ||||||
44 | Blackbaud, Inc. | 2,926 | ||||||
62 | Bottomline Technologies, Inc.(a) | 2,962 | ||||||
9 | Citrix Systems, Inc. | 1,200 | ||||||
20 | Fair Isaac Corp.(a) | 9,002 | ||||||
213 | Microsoft Corp. | 49,408 | ||||||
38 | NortonLifeLock, Inc. | 801 | ||||||
664 | Oracle Corp. | 40,126 | ||||||
37 | Paylocity Holding Corp.(a) | 6,936 | ||||||
51 | PTC, Inc.(a) | 6,778 | ||||||
37 | Qualys, Inc.(a) | 5,123 | ||||||
160 | salesforce.com, Inc.(a) | 36,090 | ||||||
61 | SPS Commerce, Inc.(a) | 6,032 | ||||||
166 | Workday, Inc., Class A(a) | 37,770 | ||||||
|
| |||||||
278,441 | ||||||||
|
| |||||||
Specialty Retail — 0.9% |
| |||||||
133 | American Eagle Outfitters, Inc. | 3,018 | ||||||
48 | Asbury Automotive Group, Inc.(a) | 6,845 | ||||||
3 | AutoZone, Inc.(a) | 3,355 | ||||||
28 | Best Buy Co., Inc. | 3,047 | ||||||
23 | Five Below, Inc.(a) | 4,042 | ||||||
60 | Gap, Inc. (The)(a) | 1,215 | ||||||
74 | Home Depot, Inc. (The) | 20,041 | ||||||
34 | Lithia Motors, Inc., Class A | 10,835 | ||||||
14 | Lowe’s Cos., Inc. | 2,336 | ||||||
32 | Monro, Inc. | 1,871 | ||||||
15 | TJX Cos., Inc. (The) | 961 | ||||||
8 | Ulta Beauty, Inc.(a) | 2,238 | ||||||
46 | Williams-Sonoma, Inc. | 5,930 | ||||||
|
| |||||||
65,734 | ||||||||
|
| |||||||
Technology Hardware, Storage & Peripherals — 0.5% |
| |||||||
1,058 | Hewlett Packard Enterprise Co. | 13,056 | ||||||
694 | HP, Inc. | 16,892 | ||||||
125 | NCR Corp.(a) | 4,170 | ||||||
17 | Seagate Technology PLC | 1,124 | ||||||
|
| |||||||
35,242 | ||||||||
|
| |||||||
Textiles, Apparel & Luxury Goods — 0.5% |
| |||||||
30 | Deckers Outdoor Corp.(a) | 8,759 | ||||||
910 | Under Armour, Inc., Class A(a) | 15,925 | ||||||
70 | VF Corp. | 5,381 | ||||||
115 | Wolverine World Wide, Inc. | 3,294 | ||||||
|
| |||||||
33,359 | ||||||||
|
| |||||||
Thrifts & Mortgage Finance — 0.1% |
| |||||||
155 | Mr. Cooper Group, Inc.(a) | $ | 4,220 | |||||
430 | New York Community Bancorp, Inc. | 4,498 | ||||||
|
| |||||||
8,718 | ||||||||
|
| |||||||
Trading Companies & Distributors — 0.0% |
| |||||||
37 | GATX Corp. | 3,434 | ||||||
|
| |||||||
Water Utilities — 0.3% |
| |||||||
43 | American Water Works Co., Inc. | 6,838 | ||||||
278 | Essential Utilities, Inc. | 12,871 | ||||||
|
| |||||||
19,709 | ||||||||
|
| |||||||
Wireless Telecommunication Services — 0.2% |
| |||||||
82 | Shenandoah Telecommunications Co. | 3,187 | ||||||
68 | T-Mobile US, Inc.(a) | 8,574 | ||||||
|
| |||||||
11,761 | ||||||||
|
| |||||||
Total Common Stocks (Identified Cost $3,265,606) | 3,784,226 | |||||||
|
| |||||||
Principal Amount | ||||||||
Bonds and Notes — 8.9% | ||||||||
Automotive — 0.2% |
| |||||||
$ | 6,000 | General Motors Financial Co., Inc., 4.350%, 1/17/2027 | 6,872 | |||||
5,000 | Toyota Motor Credit Corp., MTN, 2.600%, 1/11/2022 | 5,106 | ||||||
|
| |||||||
11,978 | ||||||||
|
| |||||||
Banking — 1.5% |
| |||||||
5,000 | American Express Co., 3.700%, 8/03/2023 | 5,397 | ||||||
6,000 | Bank of America Corp., (fixed rate to 1/20/2022, variable rate thereafter), MTN, 3.124%, 1/20/2023 | 6,156 | ||||||
6,000 | Bank of Montreal, MTN, 1.900%, 8/27/2021 | 6,060 | ||||||
5,000 | Bank of New York Mellon Corp. (The), Series 12, MTN, 3.650%, 2/04/2024 | 5,468 | ||||||
4,000 | Bank of Nova Scotia (The), 3.400%, 2/11/2024 | 4,347 | ||||||
5,000 | BNP Paribas S.A., MTN, 3.250%, 3/03/2023 | 5,311 | ||||||
5,000 | Capital One Financial Corp., 3.300%, 10/30/2024 | 5,454 | ||||||
5,000 | Citigroup, Inc., 4.600%, 3/09/2026 | 5,800 | ||||||
3,000 | Cooperatieve Rabobank UA, 3.875%, 2/08/2022 | 3,111 | ||||||
2,000 | Deutsche Bank AG, GMTN, 3.375%, 5/12/2021 | 2,015 | ||||||
6,000 | Goldman Sachs Group, Inc. (The), 3.750%, 5/22/2025 | 6,681 | ||||||
6,000 | JPMorgan Chase & Co., (fixed rate to 3/01/2024, variable rate thereafter), 3.220%, 3/01/2025 | 6,465 | ||||||
6,000 | KeyCorp, MTN, 2.550%, 10/01/2029 | 6,399 | ||||||
5,000 | Morgan Stanley, Series F, 3.875%, 4/29/2024 | 5,519 | ||||||
7,000 | PNC Financial Services Group, Inc. (The), 2.600%, 7/23/2026 | 7,638 | ||||||
4,000 | Royal Bank of Canada, GMTN, 2.550%, 7/16/2024 | 4,274 | ||||||
3,000 | Santander Holdings USA, Inc., 3.500%, 6/07/2024 | 3,243 | ||||||
6,000 | Truist Bank, 3.200%, 4/01/2024 | 6,505 | ||||||
6,000 | Wells Fargo & Co., MTN, 3.000%, 2/19/2025 | 6,489 | ||||||
6,000 | Westpac Banking Corp., 2.350%, 2/19/2025 | 6,407 | ||||||
|
| |||||||
108,739 | ||||||||
|
| |||||||
Brokerage — 0.2% |
| |||||||
6,000 | BlackRock, Inc., 2.400%, 4/30/2030 | 6,448 | ||||||
6,000 | Intercontinental Exchange, Inc., 3.000%, 6/15/2050 | 6,140 | ||||||
|
| |||||||
12,588 | ||||||||
|
| |||||||
Cable Satellite — 0.1% |
| |||||||
5,000 | Comcast Corp., 3.000%, 2/01/2024 | 5,376 | ||||||
|
| |||||||
Construction Machinery — 0.1% |
| |||||||
6,000 | Caterpillar Financial Services Corp., 0.650%, 7/07/2023 | 6,045 | ||||||
4,000 | John Deere Capital Corp., MTN, 2.650%, 1/06/2022 | 4,089 | ||||||
|
| |||||||
10,134 | ||||||||
|
|
See accompanying notes to financial statements.
55 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2035 Fund – (continued)
Principal Amount | Description | Value (†) | ||||||
Consumer Cyclical Services — 0.1% |
| |||||||
$ | 4,000 | Amazon.com, Inc., 3.875%, 8/22/2037 | $ | 4,869 | ||||
5,000 | eBay, Inc., 3.800%, 3/09/2022 | 5,174 | ||||||
|
| |||||||
10,043 | ||||||||
|
| |||||||
Electric — 0.4% |
| |||||||
5,000 | Duke Energy Corp., 3.750%, 4/15/2024 | 5,463 | ||||||
8,000 | Entergy Corp., 0.900%, 9/15/2025 | 7,985 | ||||||
3,000 | Exelon Corp., 4.050%, 4/15/2030 | 3,508 | ||||||
6,000 | NextEra Energy Capital Holdings, Inc., 2.250%, 6/01/2030 | 6,211 | ||||||
6,000 | Virginia Electric & Power Co., Series A, 3.150%, 1/15/2026 | 6,614 | ||||||
|
| |||||||
29,781 | ||||||||
|
| |||||||
Finance Companies — 0.1% |
| |||||||
4,000 | Ares Capital Corp., 3.250%, 7/15/2025 | 4,231 | ||||||
|
| |||||||
Financial Other — 0.1% |
| |||||||
6,000 | ORIX Corp., 2.900%, 7/18/2022 | 6,206 | ||||||
|
| |||||||
Food & Beverage — 0.3% |
| |||||||
6,000 | Coca-Cola Co. (The), 1.450%, 6/01/2027 | 6,143 | ||||||
6,000 | General Mills, Inc., 4.000%, 4/17/2025 | 6,760 | ||||||
6,000 | Mondelez International, Inc., 2.750%, 4/13/2030 | 6,485 | ||||||
|
| |||||||
19,388 | ||||||||
|
| |||||||
Government Owned — No Guarantee — 0.2% |
| |||||||
9,000 | Federal National Mortgage Association, 6.625%, 11/15/2030 | 13,478 | ||||||
|
| |||||||
Health Insurance — 0.1% |
| |||||||
5,000 | Anthem, Inc., 4.101%, 3/01/2028 | 5,845 | ||||||
4,000 | UnitedHealth Group, Inc., 5.800%, 3/15/2036 | 5,801 | ||||||
|
| |||||||
11,646 | ||||||||
|
| |||||||
Healthcare — 0.3% |
| |||||||
4,000 | Cigna Corp., 3.750%, 7/15/2023 | 4,315 | ||||||
3,000 | CVS Health Corp., 4.300%, 3/25/2028 | 3,524 | ||||||
4,000 | DH Europe Finance II S.a.r.l., 2.200%, 11/15/2024 | 4,239 | ||||||
5,000 | McKesson Corp., 3.950%, 2/16/2028 | 5,775 | ||||||
4,000 | Quest Diagnostics, Inc., 2.950%, 6/30/2030 | 4,401 | ||||||
|
| |||||||
22,254 | ||||||||
|
| |||||||
Independent Energy — 0.1% |
| |||||||
5,000 | EQT Corp., 3.000%, 10/01/2022 | 5,078 | ||||||
|
| |||||||
Integrated Energy — 0.2% |
| |||||||
5,000 | BP Capital Markets PLC, 3.814%, 2/10/2024 | 5,476 | ||||||
6,000 | Exxon Mobil Corp., 2.992%, 3/19/2025 | 6,522 | ||||||
4,000 | Shell International Finance BV, 6.375%, 12/15/2038 | 6,056 | ||||||
|
| |||||||
18,054 | ||||||||
|
| |||||||
Life Insurance — 0.0% |
| |||||||
2,000 | Brighthouse Financial, Inc., 3.700%, 6/22/2027 | 2,204 | ||||||
|
| |||||||
Media Entertainment — 0.1% |
| |||||||
4,000 | ViacomCBS, Inc., 4.750%, 5/15/2025 | 4,613 | ||||||
|
| |||||||
Midstream — 0.2% |
| |||||||
6,000 | Energy Transfer Operating LP, 4.050%, 3/15/2025 | 6,545 | ||||||
5,000 | Kinder Morgan Energy Partners LP, 4.150%, 2/01/2024 | 5,457 | ||||||
|
| |||||||
12,002 | ||||||||
|
| |||||||
Mortgage Related — 1.2% |
| |||||||
3,929 | FNMA, 2.000%, 9/01/2050 | 4,060 | ||||||
29,864 | FNMA, 2.500%, with various maturities from 2050 to 2051(b) | 31,455 | ||||||
22,995 | FNMA, 3.000%, with various maturities from 2034 to 2049(b) | 24,206 | ||||||
16,598 | FNMA, 3.500%, with various maturities in 2049(b) | 17,634 | ||||||
Mortgage Related — continued |
| |||||||
$ | 4,398 | FNMA, 4.000%, with various maturities from 2049 to 2050(b) | $ | 4,712 | ||||
3,552 | FNMA, 4.500%, 5/01/2049 | 3,861 | ||||||
|
| |||||||
85,928 | ||||||||
|
| |||||||
Natural Gas — 0.1% |
| |||||||
8,000 | NiSource, Inc., 0.950%, 8/15/2025 | 8,009 | ||||||
|
| |||||||
Oil Field Services — 0.1% |
| |||||||
6,000 | Baker Hughes a GE Co. LLC/Baker Hughes Co-Obligor, Inc., 2.773%, 12/15/2022 | 6,250 | ||||||
|
| |||||||
Pharmaceuticals — 0.2% |
| |||||||
6,000 | AbbVie, Inc., 3.600%, 5/14/2025 | 6,651 | ||||||
6,000 | Amgen, Inc., 2.650%, 5/11/2022 | 6,171 | ||||||
6,000 | Johnson & Johnson, 1.300%, 9/01/2030 | 5,918 | ||||||
|
| |||||||
18,740 | ||||||||
|
| |||||||
Property & Casualty Insurance — 0.1% |
| |||||||
6,000 | American International Group, Inc., 3.400%, 6/30/2030 | 6,696 | ||||||
|
| |||||||
Railroads — 0.1% |
| |||||||
6,000 | CSX Corp., 2.600%, 11/01/2026 | 6,532 | ||||||
|
| |||||||
REITs – Office Property — 0.0% |
| |||||||
3,000 | Boston Properties LP, 2.750%, 10/01/2026 | 3,249 | ||||||
|
| |||||||
Restaurants — 0.1% |
| |||||||
6,000 | Starbucks Corp., 2.250%, 3/12/2030 | 6,250 | ||||||
|
| |||||||
Technology — 0.6% |
| |||||||
5,000 | Apple, Inc., 2.500%, 2/09/2025 | 5,378 | ||||||
4,000 | Broadcom, Inc., 4.110%, 9/15/2028 | 4,515 | ||||||
3,000 | HP, Inc., 3.000%, 6/17/2027 | 3,289 | ||||||
3,000 | Intel Corp., 2.450%, 11/15/2029 | 3,211 | ||||||
6,000 | International Business Machines Corp., 4.000%, 6/20/2042 | 7,177 | ||||||
3,000 | NVIDIA Corp., 2.850%, 4/01/2030 | 3,307 | ||||||
5,000 | Oracle Corp., 2.950%, 5/15/2025 | 5,439 | ||||||
7,000 | QUALCOMM, Inc., 1.650%, 5/20/2032 | 6,896 | ||||||
5,000 | VMware, Inc., 2.950%, 8/21/2022 | 5,180 | ||||||
|
| |||||||
44,392 | ||||||||
|
| |||||||
Treasuries — 1.9% |
| |||||||
5,000 | U.S. Treasury Bond, 2.500%, 5/15/2046 | 5,738 | ||||||
14,000 | U.S. Treasury Bond, 2.875%, 11/15/2046 | 17,189 | ||||||
15,000 | U.S. Treasury Bond, 3.000%, 5/15/2045 | 18,728 | ||||||
5,000 | U.S. Treasury Bond, 3.000%, 2/15/2048 | 6,303 | ||||||
14,000 | U.S. Treasury Bond, 3.000%, 2/15/2049 | 17,724 | ||||||
3,000 | U.S. Treasury Bond, 4.250%, 11/15/2040 | 4,364 | ||||||
5,000 | U.S. Treasury Bond, 4.375%, 5/15/2041 | 7,416 | ||||||
3,000 | U.S. Treasury Bond, 4.500%, 2/15/2036 | 4,296 | ||||||
12,000 | U.S. Treasury Note, 0.375%, 11/30/2025 | 11,981 | ||||||
6,000 | U.S. Treasury Note, 1.125%, 9/30/2021 | 6,042 | ||||||
18,000 | U.S. Treasury Note, 1.625%, 8/31/2022 | 18,428 | ||||||
23,000 | U.S. Treasury Note, 2.125%, 12/31/2022 | 23,880 | ||||||
|
| |||||||
142,089 | ||||||||
|
| |||||||
Wireless — 0.1% |
| |||||||
5,000 | Vodafone Group PLC, 6.150%, 2/27/2037 | 6,984 | ||||||
|
| |||||||
Wirelines — 0.1% |
| |||||||
5,000 | Verizon Communications, Inc., 3-month LIBOR + 1.100%, 1.321%, 5/15/2025(c) | 5,145 | ||||||
|
| |||||||
Total Bonds and Notes (Identified Cost $640,820) | 648,057 | |||||||
|
|
See accompanying notes to financial statements.
| 56
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2035 Fund – (continued)
Shares | Description | Value (†) | ||||||
Exchange-Traded Funds — 6.8% | ||||||||
6,905 | iShares® ESG Aware MSCI EAFE ETF (Identified Cost $446,955) | $ | 499,508 | |||||
|
| |||||||
Affiliated Mutual Funds — 31.0% | ||||||||
26,438 | Loomis Sayles Inflation Protected Securities Fund, Class N | 316,998 | ||||||
24,046 | Loomis Sayles Limited Term Government and Agency Fund, Class N | 277,491 | ||||||
33,136 | Mirova Global Green Bond Fund, Class N | 355,881 | ||||||
38,571 | Mirova International Sustainable Equity Fund, Class N | 525,338 | ||||||
13,085 | WCM Focused Emerging Markets Fund, Institutional Class | 262,485 | ||||||
21,463 | WCM Focused International Growth Fund, Institutional Class | 528,852 | ||||||
|
| |||||||
Total Affiliated Mutual Funds (Identified Cost $2,090,950) | 2,267,045 | |||||||
|
| |||||||
Principal Amount | ||||||||
Short-Term Investments — 2.2% | ||||||||
$ | 164,558 | Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 1/29/2021 at 0.000% to be repurchased at $164,558 on 2/01/2021 collateralized by $118,400 U.S. Treasury Note, 2.750% due 5/31/2023 valued at $126,110; $40,800 U.S. Treasury Note, 1.625% due 4/30/2023 valued at $42,321 including accrued interest (Note 2 of Notes to Financial Statements) (Identified Cost $164,558) | 164,558 | |||||
|
| |||||||
Total Investments — 100.6% (Identified Cost $6,608,889) | 7,363,394 | |||||||
Other assets less liabilities — (0.6)% | (41,361 | ) | ||||||
|
| |||||||
Net Assets — 100.0% | $ | 7,322,033 | ||||||
|
| |||||||
(†) | See Note 2 of Notes to Financial Statements. |
| ||||||
(a) | Non-income producing security. |
| ||||||
(b) | The Fund’s investment in mortgage related securities of Federal National Mortgage Association are interests in separate pools of mortgages. All separate investments in securities of each issuer which have the same coupon rate have been aggregated for the purpose of presentation in the Portfolio of Investments. |
| ||||||
(c) | Variable rate security. Rate as of January 31, 2021 is disclosed. |
| ||||||
ADR | An American Depositary Receipt is a certificate issued by a custodian bank representing the right to receive securities of the foreign issuer described. The values of ADRs may be significantly influenced by trading on exchanges not located in the United States. |
| ||||||
ETF | Exchange-Traded Fund |
| ||||||
FNMA | Federal National Mortgage Association |
| ||||||
GMTN | Global Medium Term Note |
| ||||||
LIBOR | London Interbank Offered Rate |
| ||||||
MTN | Medium Term Note |
| ||||||
REITs | Real Estate Investment Trusts |
|
Asset Allocation Summary at January 31, 2021
Equity | 76.5 | % | ||
Fixed Income | 21.9 | |||
Short-Term Investments | 2.2 | |||
|
| |||
Total Investments | 100.6 | |||
Other assets less liabilities | (0.6 | ) | ||
|
| |||
Net Assets | 100.0 | % | ||
|
|
See accompanying notes to financial statements.
57 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2040 Fund
Shares | Description | Value (†) | ||||||
Common Stocks — 51.8% of Net Assets | ||||||||
Aerospace & Defense — 0.8% |
| |||||||
20 | Axon Enterprise, Inc.(a) | $ | 3,283 | |||||
139 | Boeing Co. (The) | 26,992 | ||||||
53 | General Dynamics Corp. | 7,774 | ||||||
4 | L3Harris Technologies, Inc. | 686 | ||||||
32 | Moog, Inc., Class A | 2,364 | ||||||
60 | Raytheon Technologies Corp. | 4,004 | ||||||
|
| |||||||
45,103 | ||||||||
|
| |||||||
Air Freight & Logistics — 0.5% |
| |||||||
233 | Expeditors International of Washington, Inc. | 20,858 | ||||||
33 | United Parcel Service, Inc., Class B | 5,115 | ||||||
|
| |||||||
25,973 | ||||||||
|
| |||||||
Airlines — 0.1% |
| |||||||
15 | Alaska Air Group, Inc. | 733 | ||||||
44 | Delta Air Lines, Inc. | 1,670 | ||||||
297 | JetBlue Airways Corp.(a) | 4,259 | ||||||
|
| |||||||
6,662 | ||||||||
|
| |||||||
Auto Components — 0.4% |
| |||||||
104 | Aptiv PLC | 13,894 | ||||||
13 | BorgWarner, Inc. | 546 | ||||||
200 | Dana, Inc. | 3,872 | ||||||
27 | Visteon Corp.(a) | 3,442 | ||||||
|
| |||||||
21,754 | ||||||||
|
| |||||||
Automobiles — 0.4% |
| |||||||
385 | General Motors Co. | 19,512 | ||||||
30 | Thor Industries, Inc. | 3,630 | ||||||
|
| |||||||
23,142 | ||||||||
|
| |||||||
Banks — 2.4% |
| |||||||
77 | Ameris Bancorp | 3,011 | ||||||
138 | BancorpSouth Bank | 3,816 | ||||||
694 | Bank of America Corp. | 20,577 | ||||||
343 | Citigroup, Inc. | 19,891 | ||||||
107 | Citizens Financial Group, Inc. | 3,899 | ||||||
105 | Columbia Banking System, Inc. | 4,045 | ||||||
8 | Comerica, Inc. | 458 | ||||||
71 | Cullen/Frost Bankers, Inc. | 6,549 | ||||||
52 | Fifth Third Bancorp | 1,504 | ||||||
242 | Fulton Financial Corp. | 3,243 | ||||||
74 | Huntington Bancshares, Inc. | 979 | ||||||
123 | International Bancshares Corp. | 4,651 | ||||||
165 | KeyCorp | 2,782 | ||||||
29 | M&T Bank Corp. | 3,842 | ||||||
170 | People’s United Financial, Inc. | 2,322 | ||||||
64 | PNC Financial Services Group, Inc. (The) | 9,185 | ||||||
190 | Regions Financial Corp. | 3,232 | ||||||
112 | TCF Financial Corp. | 4,352 | ||||||
196 | Truist Financial Corp. | 9,404 | ||||||
199 | Trustmark Corp. | 5,467 | ||||||
98 | U.S. Bancorp | 4,199 | ||||||
348 | Wells Fargo & Co. | 10,398 | ||||||
50 | Wintrust Financial Corp. | 3,009 | ||||||
|
| |||||||
130,815 | ||||||||
|
| |||||||
Beverages — 1.3% |
| |||||||
155 | Coca-Cola Co. (The) | 7,463 | ||||||
74 | Constellation Brands, Inc., Class A | 15,609 | ||||||
297 | Keurig Dr Pepper, Inc. | 9,445 | ||||||
365 | Monster Beverage Corp.(a) | 31,693 | ||||||
57 | PepsiCo, Inc. | 7,784 | ||||||
|
| |||||||
71,994 | ||||||||
|
| |||||||
Biotechnology — 1.1% |
| |||||||
41 | AbbVie, Inc. | $ | 4,202 | |||||
38 | Amgen, Inc. | 9,175 | ||||||
10 | Biogen, Inc.(a) | 2,826 | ||||||
90 | BioMarin Pharmaceutical, Inc.(a) | 7,450 | ||||||
97 | Gilead Sciences, Inc. | 6,363 | ||||||
18 | Ligand Pharmaceuticals, Inc.(a) | 3,336 | ||||||
55 | Regeneron Pharmaceuticals, Inc.(a) | 27,711 | ||||||
|
| |||||||
61,063 | ||||||||
|
| |||||||
Building Products — 0.3% |
| |||||||
31 | Carrier Global Corp. | 1,194 | ||||||
28 | Johnson Controls International PLC | 1,395 | ||||||
20 | Lennox International, Inc. | 5,510 | ||||||
62 | Owens Corning | 4,811 | ||||||
38 | Trex Co., Inc.(a) | 3,487 | ||||||
|
| |||||||
16,397 | ||||||||
|
| |||||||
Capital Markets — 3.1% |
| |||||||
9 | Ameriprise Financial, Inc. | 1,781 | ||||||
532 | Bank of New York Mellon Corp. (The) | 21,190 | ||||||
7 | BlackRock, Inc. | 4,909 | ||||||
409 | Charles Schwab Corp. (The) | 21,080 | ||||||
13 | CME Group, Inc. | 2,363 | ||||||
50 | FactSet Research Systems, Inc. | 15,117 | ||||||
52 | Franklin Resources, Inc. | 1,367 | ||||||
55 | Goldman Sachs Group, Inc. (The) | 14,914 | ||||||
25 | Intercontinental Exchange, Inc. | 2,759 | ||||||
20 | Invesco Ltd. | 412 | ||||||
99 | Janus Henderson Group PLC | 3,045 | ||||||
124 | KKR & Co., Inc. | 4,830 | ||||||
25 | Moody’s Corp. | 6,656 | ||||||
9 | Morgan Stanley | 603 | ||||||
29 | MSCI, Inc. | 11,464 | ||||||
96 | Northern Trust Corp. | 8,562 | ||||||
33 | S&P Global, Inc. | 10,461 | ||||||
186 | SEI Investments Co. | 9,830 | ||||||
367 | State Street Corp. | 25,690 | ||||||
5 | T. Rowe Price Group, Inc. | 782 | ||||||
|
| |||||||
167,815 | ||||||||
|
| |||||||
Chemicals — 0.5% |
| |||||||
7 | Air Products & Chemicals, Inc. | 1,867 | ||||||
21 | DuPont de Nemours, Inc. | 1,668 | ||||||
9 | Ecolab, Inc. | 1,841 | ||||||
57 | HB Fuller Co. | 2,901 | ||||||
38 | Innospec, Inc. | 3,336 | ||||||
40 | Linde PLC | 9,816 | ||||||
45 | Minerals Technologies, Inc. | 2,773 | ||||||
8 | PPG Industries, Inc. | 1,078 | ||||||
2 | Sherwin-Williams Co. (The) | 1,384 | ||||||
26 | Stepan Co. | 2,930 | ||||||
|
| |||||||
29,594 | ||||||||
|
| |||||||
Commercial Services & Supplies — 0.2% |
| |||||||
55 | Healthcare Services Group, Inc. | 1,783 | ||||||
29 | MSA Safety, Inc. | 4,527 | ||||||
6 | Republic Services, Inc. | 543 | ||||||
42 | Tetra Tech, Inc. | 5,106 | ||||||
11 | Waste Management, Inc. | 1,225 | ||||||
|
| |||||||
13,184 | ||||||||
|
| |||||||
Communications Equipment — 0.6% |
| |||||||
30 | Arista Networks, Inc.(a) | 9,227 | ||||||
65 | Ciena Corp.(a) | 3,470 | ||||||
363 | Cisco Systems, Inc. | 16,182 | ||||||
5 | F5 Networks, Inc.(a) | 980 |
See accompanying notes to financial statements.
| 58
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2040 Fund – (continued)
Shares | Description | Value (†) | ||||||
Communications Equipment — continued |
| |||||||
36 | Lumentum Holdings, Inc.(a) | $ | 3,377 | |||||
|
| |||||||
33,236 | ||||||||
|
| |||||||
Construction & Engineering — 0.2% |
| |||||||
130 | AECOM(a) | 6,513 | ||||||
152 | Fluor Corp. | 2,628 | ||||||
|
| |||||||
9,141 | ||||||||
|
| |||||||
Consumer Finance — 1.2% |
| |||||||
666 | Ally Financial, Inc. | 25,201 | ||||||
136 | American Express Co. | 15,811 | ||||||
227 | Capital One Financial Corp. | 23,667 | ||||||
34 | Green Dot Corp., Class A(a) | 1,708 | ||||||
31 | PROG Holdings, Inc. | 1,463 | ||||||
|
| |||||||
67,850 | ||||||||
|
| |||||||
Containers & Packaging — 0.2% |
| |||||||
48 | Ball Corp. | 4,225 | ||||||
36 | International Paper Co. | 1,811 | ||||||
208 | O-I Glass, Inc. | 2,629 | ||||||
|
| |||||||
8,665 | ||||||||
|
| |||||||
Distributors — 0.1% |
| |||||||
29 | Genuine Parts Co. | 2,723 | ||||||
|
| |||||||
Diversified Telecommunication Services — 0.3% |
| |||||||
158 | AT&T, Inc. | 4,523 | ||||||
831 | Lumen Technologies, Inc. | 10,288 | ||||||
|
| |||||||
14,811 | ||||||||
|
| |||||||
Electric Utilities — 0.6% |
| |||||||
96 | American Electric Power Co., Inc. | 7,767 | ||||||
150 | Edison International | 8,724 | ||||||
24 | Eversource Energy | 2,100 | ||||||
36 | IDACORP, Inc. | 3,179 | ||||||
142 | NextEra Energy, Inc. | 11,484 | ||||||
31 | PPL Corp. | 858 | ||||||
|
| |||||||
34,112 | ||||||||
|
| |||||||
Electrical Equipment — 0.6% |
| |||||||
14 | Acuity Brands, Inc. | 1,683 | ||||||
258 | Ballard Power Systems, Inc.(a) | 8,816 | ||||||
35 | Eaton Corp. PLC | 4,119 | ||||||
23 | Generac Holdings, Inc.(a) | 5,668 | ||||||
25 | Hubbell, Inc. | 3,890 | ||||||
24 | Rockwell Automation, Inc. | 5,965 | ||||||
41 | Sunrun, Inc.(a) | 2,840 | ||||||
|
| |||||||
32,981 | ||||||||
|
| |||||||
Electronic Equipment, Instruments & Components — 0.9% |
| |||||||
9 | Amphenol Corp., Class A | 1,124 | ||||||
74 | Avnet, Inc. | 2,613 | ||||||
74 | Cognex Corp. | 6,078 | ||||||
15 | Coherent, Inc.(a) | 3,013 | ||||||
28 | Corning, Inc. | 1,004 | ||||||
93 | Itron, Inc.(a) | 8,000 | ||||||
14 | Littelfuse, Inc. | 3,407 | ||||||
13 | Rogers Corp.(a) | 2,029 | ||||||
102 | TE Connectivity Ltd. | 12,281 | ||||||
88 | Trimble, Inc.(a) | 5,800 | ||||||
124 | Vishay Intertechnology, Inc. | 2,672 | ||||||
|
| |||||||
48,021 | ||||||||
|
| |||||||
Energy Equipment & Services — 0.4% |
| |||||||
527 | Archrock, Inc. | 4,675 | ||||||
85 | Baker Hughes Co. | 1,708 | ||||||
96 | NOV, Inc. | 1,188 | ||||||
502 | Schlumberger NV | 11,149 | ||||||
Energy Equipment & Services — continued |
| |||||||
41 | TechnipFMC PLC | $ | 438 | |||||
|
| |||||||
19,158 | ||||||||
|
| |||||||
Entertainment — 1.1% |
| |||||||
26 | Activision Blizzard, Inc. | 2,366 | ||||||
69 | Cinemark Holdings, Inc. | 1,397 | ||||||
51 | Electronic Arts, Inc. | 7,303 | ||||||
26 | Netflix, Inc.(a) | 13,842 | ||||||
217 | Walt Disney Co. (The)(a) | 36,493 | ||||||
|
| |||||||
61,401 | ||||||||
|
| |||||||
Food & Staples Retailing — 0.2% |
| |||||||
58 | BJ’s Wholesale Club Holdings, Inc.(a) | 2,440 | ||||||
56 | Kroger Co. (The) | 1,932 | ||||||
167 | SpartanNash Co. | 3,093 | ||||||
15 | Sysco Corp. | 1,073 | ||||||
45 | Walgreens Boots Alliance, Inc. | 2,261 | ||||||
|
| |||||||
10,799 | ||||||||
|
| |||||||
Food Products — 0.4% |
| |||||||
50 | Campbell Soup Co. | 2,405 | ||||||
16 | Conagra Brands, Inc. | 554 | ||||||
66 | Darling Ingredients, Inc.(a) | 4,093 | ||||||
39 | General Mills, Inc. | 2,266 | ||||||
71 | Hain Celestial Group, Inc. (The)(a) | 2,952 | ||||||
53 | Hormel Foods Corp. | 2,484 | ||||||
36 | Ingredion, Inc. | 2,717 | ||||||
11 | J.M. Smucker Co. (The) | 1,280 | ||||||
20 | Kellogg Co. | 1,179 | ||||||
10 | McCormick & Co., Inc. | 895 | ||||||
|
| |||||||
20,825 | ||||||||
|
| |||||||
Gas Utilities — 0.2% |
| |||||||
79 | New Jersey Resources Corp. | 2,766 | ||||||
44 | ONE Gas, Inc. | 3,218 | ||||||
81 | South Jersey Industries, Inc. | 1,871 | ||||||
88 | UGI Corp. | 3,167 | ||||||
|
| |||||||
11,022 | ||||||||
|
| |||||||
Health Care Equipment & Supplies — 1.0% |
| |||||||
41 | Abbott Laboratories | 5,067 | ||||||
8 | Baxter International, Inc. | 615 | ||||||
6 | Becton Dickinson & Co. | 1,571 | ||||||
33 | Boston Scientific Corp.(a) | 1,170 | ||||||
6 | Cooper Cos., Inc. (The) | 2,184 | ||||||
14 | Danaher Corp. | 3,330 | ||||||
11 | DENTSPLY SIRONA, Inc. | 588 | ||||||
41 | Edwards Lifesciences Corp.(a) | 3,386 | ||||||
41 | Globus Medical, Inc., Class A(a) | 2,529 | ||||||
21 | Haemonetics Corp.(a) | 2,400 | ||||||
36 | Hill-Rom Holdings, Inc. | 3,457 | ||||||
19 | Hologic, Inc.(a) | 1,515 | ||||||
11 | Intuitive Surgical, Inc.(a) | 8,224 | ||||||
31 | Medtronic PLC | 3,451 | ||||||
90 | Meridian Bioscience, Inc.(a) | 1,989 | ||||||
33 | Merit Medical Systems, Inc.(a) | 1,787 | ||||||
20 | Penumbra, Inc.(a) | 5,222 | ||||||
12 | Quidel Corp.(a) | 3,012 | ||||||
4 | STERIS PLC | 748 | ||||||
7 | Stryker Corp. | 1,547 | ||||||
4 | Varian Medical Systems, Inc.(a) | 702 | ||||||
|
| |||||||
54,494 | ||||||||
|
| |||||||
Health Care Providers & Services — 1.8% |
| |||||||
14 | Amedisys, Inc.(a) | 4,022 | ||||||
18 | Anthem, Inc. | 5,346 | ||||||
28 | BioTelemetry, Inc.(a) | 2,001 |
See accompanying notes to financial statements.
59 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2040 Fund – (continued)
Shares | Description | Value (†) | ||||||
Health Care Providers & Services — continued |
| |||||||
110 | Centene Corp.(a) | $ | 6,633 | |||||
9 | Chemed Corp. | 4,661 | ||||||
24 | Cigna Corp. | 5,209 | ||||||
153 | CVS Health Corp. | 10,962 | ||||||
37 | Encompass Health Corp. | 2,975 | ||||||
121 | HCA Healthcare, Inc. | 19,660 | ||||||
23 | Henry Schein, Inc.(a) | 1,515 | ||||||
42 | Humana, Inc. | 16,091 | ||||||
17 | Laboratory Corp. of America Holdings(a) | 3,891 | ||||||
144 | MEDNAX, Inc.(a) | 3,927 | ||||||
65 | Patterson Cos., Inc. | 2,059 | ||||||
26 | Quest Diagnostics, Inc. | 3,358 | ||||||
21 | UnitedHealth Group, Inc. | 7,005 | ||||||
|
| |||||||
99,315 | ||||||||
|
| |||||||
Health Care Technology — 0.4% |
| |||||||
140 | Allscripts Healthcare Solutions, Inc.(a) | 2,310 | ||||||
180 | Cerner Corp. | 14,420 | ||||||
73 | HMS Holdings Corp.(a) | 2,688 | ||||||
|
| |||||||
19,418 | ||||||||
|
| |||||||
Hotels, Restaurants & Leisure — 1.5% |
| |||||||
3 | Chipotle Mexican Grill, Inc.(a) | 4,440 | ||||||
36 | Dine Brands Global, Inc. | 2,475 | ||||||
128 | Hilton Worldwide Holdings, Inc. | 12,978 | ||||||
45 | Jack in the Box, Inc. | 4,236 | ||||||
431 | MGM Resorts International | 12,310 | ||||||
17 | Royal Caribbean Cruises Ltd. | 1,105 | ||||||
48 | Shake Shack, Inc., Class A(a) | 5,444 | ||||||
183 | Starbucks Corp. | 17,716 | ||||||
139 | Wendy’s Co. (The) | 2,836 | ||||||
203 | Yum China Holdings, Inc. | 11,512 | ||||||
70 | Yum! Brands, Inc. | 7,104 | ||||||
|
| |||||||
82,156 | ||||||||
|
| |||||||
Household Durables — 0.3% |
| |||||||
111 | KB Home | 4,622 | ||||||
88 | Meritage Homes Corp.(a) | 7,063 | ||||||
12 | Mohawk Industries, Inc.(a) | 1,723 | ||||||
150 | Taylor Morrison Home Corp.(a) | 3,897 | ||||||
|
| |||||||
17,305 | ||||||||
|
| |||||||
Household Products — 0.5% |
| |||||||
5 | Clorox Co. (The) | 1,047 | ||||||
171 | Colgate-Palmolive Co. | 13,338 | ||||||
91 | Kimberly-Clark Corp. | 12,021 | ||||||
|
| |||||||
26,406 | ||||||||
|
| |||||||
Independent Power & Renewable Electricity Producers — 0.5% |
| |||||||
61 | AES Corp. (The) | 1,488 | ||||||
95 | Boralex, Inc., Class A | 3,720 | ||||||
123 | NextEra Energy Partners LP | 10,024 | ||||||
55 | Ormat Technologies, Inc. | 6,279 | ||||||
86 | Sunnova Energy International, Inc.(a) | 3,771 | ||||||
|
| |||||||
25,282 | ||||||||
|
| |||||||
Industrial Conglomerates — 0.3% |
| |||||||
21 | Carlisle Cos., Inc. | 3,044 | ||||||
1,290 | General Electric Co. | 13,777 | ||||||
6 | Honeywell International, Inc. | 1,172 | ||||||
|
| |||||||
17,993 | ||||||||
|
| |||||||
Insurance — 1.4% |
| |||||||
21 | Aflac, Inc. | 949 | ||||||
30 | Allstate Corp. (The) | 3,215 | ||||||
359 | American International Group, Inc. | 13,441 | ||||||
52 | Chubb Ltd. | 7,575 | ||||||
Insurance — continued |
| |||||||
63 | First American Financial Corp. | $ | 3,294 | |||||
24 | Hanover Insurance Group, Inc. (The) | 2,699 | ||||||
98 | Hartford Financial Services Group, Inc. (The) | 4,706 | ||||||
10 | Lincoln National Corp. | 455 | ||||||
34 | Marsh & McLennan Cos., Inc. | 3,737 | ||||||
212 | MetLife, Inc. | 10,208 | ||||||
48 | Prudential Financial, Inc. | 3,758 | ||||||
178 | Reinsurance Group of America, Inc. | 18,699 | ||||||
24 | Travelers Cos., Inc. (The) | 3,271 | ||||||
|
| |||||||
76,007 | ||||||||
|
| |||||||
Interactive Media & Services — 2.6% |
| |||||||
20 | Alphabet, Inc., Class A(a) | 36,547 | ||||||
25 | Alphabet, Inc., Class C(a) | 45,894 | ||||||
219 | Facebook, Inc., Class A(a) | 56,574 | ||||||
|
| |||||||
139,015 | ||||||||
|
| |||||||
Internet & Direct Marketing Retail — 2.5% |
| |||||||
146 | Alibaba Group Holding Ltd., Sponsored ADR(a) | 37,059 | ||||||
16 | Amazon.com, Inc.(a) | 51,299 | ||||||
10 | Booking Holdings, Inc.(a) | 19,443 | ||||||
374 | eBay, Inc. | 21,135 | ||||||
7 | Etsy, Inc.(a) | 1,394 | ||||||
8 | Expedia Group, Inc. | 993 | ||||||
496 | Qurate Retail, Inc., Class A | 6,250 | ||||||
|
| |||||||
137,573 | ||||||||
|
| |||||||
IT Services — 2.6% |
| |||||||
42 | Accenture PLC, Class A | 10,161 | ||||||
78 | Akamai Technologies, Inc.(a) | 8,660 | ||||||
112 | Automatic Data Processing, Inc. | 18,493 | ||||||
40 | Cognizant Technology Solutions Corp., Class A | 3,118 | ||||||
474 | DXC Technology Co. | 13,367 | ||||||
65 | Fiserv, Inc.(a) | 6,675 | ||||||
83 | Gartner, Inc.(a) | 12,609 | ||||||
61 | MasterCard, Inc., Class A | 19,294 | ||||||
20 | Paychex, Inc. | 1,746 | ||||||
189 | Sabre Corp. | 2,037 | ||||||
12 | VeriSign, Inc.(a) | 2,329 | ||||||
206 | Visa, Inc., Class A | 39,810 | ||||||
20 | WEX, Inc.(a) | 3,772 | ||||||
|
| |||||||
142,071 | ||||||||
|
| |||||||
Leisure Products — 0.0% |
| |||||||
85 | Callaway Golf Co. | 2,371 | ||||||
|
| |||||||
Life Sciences Tools & Services — 0.7% |
| |||||||
16 | Agilent Technologies, Inc. | 1,923 | ||||||
48 | Illumina, Inc.(a) | 20,469 | ||||||
8 | IQVIA Holdings, Inc.(a) | 1,422 | ||||||
77 | NeoGenomics, Inc.(a) | 4,083 | ||||||
35 | Repligen Corp.(a) | 7,000 | ||||||
8 | Thermo Fisher Scientific, Inc. | 4,078 | ||||||
5 | Waters Corp.(a) | 1,323 | ||||||
|
| |||||||
40,298 | ||||||||
|
| |||||||
Machinery — 2.1% |
| |||||||
46 | AGCO Corp. | 5,101 | ||||||
125 | Caterpillar, Inc. | 22,855 | ||||||
50 | Cummins, Inc. | 11,721 | ||||||
121 | Deere & Co. | 34,945 | ||||||
43 | Flowserve Corp. | 1,529 | ||||||
9 | Illinois Tool Works, Inc. | 1,748 | ||||||
65 | ITT, Inc. | 4,856 | ||||||
78 | Kennametal, Inc. | 2,955 | ||||||
51 | Oshkosh Corp. | 4,671 | ||||||
54 | Parker-Hannifin Corp. | 14,289 |
See accompanying notes to financial statements.
| 60
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2040 Fund – (continued)
Shares | Description | Value (†) | ||||||
Machinery — continued |
| |||||||
14 | Proto Labs, Inc.(a) | $ | 2,965 | |||||
61 | Terex Corp. | 2,181 | ||||||
54 | Toro Co. (The) | 5,090 | ||||||
|
| |||||||
114,906 | ||||||||
|
| |||||||
Media — 1.3% |
| |||||||
4 | Cable One, Inc. | 8,000 | ||||||
27 | Charter Communications, Inc., Class A(a) | 16,404 | ||||||
570 | Comcast Corp., Class A | 28,255 | ||||||
18 | Discovery, Inc., Series C(a) | 631 | ||||||
94 | Discovery, Inc., Series A(a) | 3,893 | ||||||
65 | Fox Corp., Class A | 2,027 | ||||||
51 | Interpublic Group of Cos., Inc. (The) | 1,228 | ||||||
67 | New York Times Co. (The), Class A | 3,322 | ||||||
63 | News Corp., Class A | 1,222 | ||||||
68 | Omnicom Group, Inc. | 4,242 | ||||||
|
| |||||||
69,224 | ||||||||
|
| |||||||
Metals & Mining — 0.3% |
| |||||||
198 | Cleveland-Cliffs, Inc. | 3,037 | ||||||
120 | Commercial Metals Co. | 2,363 | ||||||
8 | Nucor Corp. | 390 | ||||||
50 | Reliance Steel & Aluminum Co. | 5,804 | ||||||
30 | Royal Gold, Inc. | 3,206 | ||||||
|
| |||||||
14,800 | ||||||||
|
| |||||||
Multi-Utilities — 0.2% |
| |||||||
57 | Consolidated Edison, Inc. | 4,034 | ||||||
22 | DTE Energy Co. | 2,612 | ||||||
28 | Sempra Energy | 3,465 | ||||||
14 | WEC Energy Group, Inc. | 1,245 | ||||||
|
| |||||||
11,356 | ||||||||
|
| |||||||
Multiline Retail — 0.2% |
| |||||||
285 | Macy’s, Inc. | 4,286 | ||||||
33 | Target Corp. | 5,979 | ||||||
|
| |||||||
10,265 | ||||||||
|
| |||||||
Oil, Gas & Consumable Fuels — 1.0% |
| |||||||
707 | Apache Corp. | 10,096 | ||||||
123 | ConocoPhillips | 4,924 | ||||||
75 | Devon Energy Corp. | 1,234 | ||||||
129 | Diamondback Energy, Inc. | 7,313 | ||||||
303 | EOG Resources, Inc. | 15,441 | ||||||
115 | EQT Corp. | 1,876 | ||||||
90 | Kinder Morgan, Inc. | 1,267 | ||||||
301 | Marathon Oil Corp. | 2,179 | ||||||
58 | ONEOK, Inc. | 2,310 | ||||||
407 | Southwestern Energy Co.(a) | 1,534 | ||||||
41 | Valero Energy Corp. | 2,314 | ||||||
59 | World Fuel Services Corp. | 1,805 | ||||||
|
| |||||||
52,293 | ||||||||
|
| |||||||
Paper & Forest Products — 0.1% |
| |||||||
82 | Louisiana-Pacific Corp. | 3,117 | ||||||
|
| |||||||
Personal Products — 0.0% |
| |||||||
3 | Estee Lauder Cos., Inc. (The), Class A | 710 | ||||||
|
| |||||||
Pharmaceuticals — 1.4% |
| |||||||
55 | Bristol-Myers Squibb Co. | 3,379 | ||||||
19 | Eli Lilly & Co. | 3,951 | ||||||
27 | Jazz Pharmaceuticals PLC(a) | 4,198 | ||||||
167 | Merck & Co., Inc. | 12,871 | ||||||
230 | Novartis AG, Sponsored ADR | 20,808 | ||||||
84 | Novo Nordisk A/S, Sponsored ADR | 5,846 | ||||||
28 | Perrigo Co. PLC | 1,196 | ||||||
133 | Pfizer, Inc. | 4,775 | ||||||
Pharmaceuticals — continued |
| |||||||
384 | Roche Holding AG, Sponsored ADR | $ | 16,669 | |||||
6 | Zoetis, Inc. | 926 | ||||||
|
| |||||||
74,619 | ||||||||
|
| |||||||
Professional Services — 0.2% |
| |||||||
52 | Exponent, Inc. | 4,294 | ||||||
7 | IHS Markit Ltd. | 610 | ||||||
18 | Insperity, Inc. | 1,413 | ||||||
54 | Korn Ferry | 2,462 | ||||||
32 | ManpowerGroup, Inc. | 2,830 | ||||||
24 | Nielsen Holdings PLC | 536 | ||||||
|
| |||||||
12,145 | ||||||||
|
| |||||||
Real Estate Management & Development — 0.2% |
| |||||||
99 | CBRE Group, Inc., Class A(a) | 6,037 | ||||||
25 | Jones Lang LaSalle, Inc.(a) | 3,655 | ||||||
|
| |||||||
9,692 | ||||||||
|
| |||||||
REITs – Apartments — 0.2% |
| |||||||
90 | American Campus Communities, Inc. | 3,704 | ||||||
63 | Camden Property Trust | 6,436 | ||||||
24 | Equity Residential | 1,479 | ||||||
|
| |||||||
11,619 | ||||||||
|
| |||||||
REITs – Diversified — 0.2% |
| |||||||
29 | American Tower Corp. | 6,593 | ||||||
6 | Crown Castle International Corp. | 956 | ||||||
48 | Weyerhaeuser Co. | 1,497 | ||||||
|
| |||||||
9,046 | ||||||||
|
| |||||||
REITs – Health Care — 0.0% |
| |||||||
25 | Ventas, Inc. | 1,152 | ||||||
11 | Welltower, Inc. | 666 | ||||||
|
| |||||||
1,818 | ||||||||
|
| |||||||
REITs – Hotels — 0.1% |
| |||||||
78 | Host Hotels & Resorts, Inc. | 1,057 | ||||||
265 | Park Hotels & Resorts, Inc. | 4,420 | ||||||
|
| |||||||
5,477 | ||||||||
|
| |||||||
REITs – Mortgage — 0.1% |
| |||||||
131 | Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 7,749 | ||||||
|
| |||||||
REITs – Office Property — 0.3% |
| |||||||
5 | Boston Properties, Inc. | 456 | ||||||
135 | Corporate Office Properties Trust | 3,546 | ||||||
153 | Douglas Emmett, Inc. | 4,240 | ||||||
204 | Easterly Government Properties, Inc. | 4,478 | ||||||
68 | Kilroy Realty Corp. | 3,851 | ||||||
|
| |||||||
16,571 | ||||||||
|
| |||||||
REITs – Shopping Centers — 0.1% |
| |||||||
381 | Brixmor Property Group, Inc. | 6,450 | ||||||
|
| |||||||
REITs – Storage — 0.0% |
| |||||||
17 | Iron Mountain, Inc. | 572 | ||||||
|
| |||||||
REITs – Warehouse/Industrials — 0.2% |
| |||||||
46 | CyrusOne, Inc. | 3,356 | ||||||
59 | ProLogis, Inc. | 6,089 | ||||||
|
| |||||||
9,445 | ||||||||
|
| |||||||
Road & Rail — 0.3% |
| |||||||
18 | CSX Corp. | 1,544 | ||||||
26 | Norfolk Southern Corp. | 6,152 | ||||||
42 | Ryder System, Inc. | 2,629 | ||||||
20 | Union Pacific Corp. | 3,949 | ||||||
|
| |||||||
14,274 | ||||||||
|
|
See accompanying notes to financial statements.
61 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2040 Fund – (continued)
Shares | Description | Value (†) | ||||||
Semiconductors & Semiconductor Equipment — 2.7% |
| |||||||
37 | Advanced Micro Devices, Inc.(a) | $ | 3,169 | |||||
11 | Analog Devices, Inc. | 1,621 | ||||||
23 | Applied Materials, Inc. | 2,224 | ||||||
55 | Cirrus Logic, Inc.(a) | 5,153 | ||||||
92 | Cree, Inc.(a) | 9,299 | ||||||
33 | Enphase Energy, Inc.(a) | 6,018 | ||||||
117 | First Solar, Inc.(a) | 11,600 | ||||||
68 | Ichor Holdings Ltd.(a) | 2,455 | ||||||
128 | Intel Corp. | 7,105 | ||||||
6 | Lam Research Corp. | 2,904 | ||||||
13 | Micron Technology, Inc.(a) | 1,017 | ||||||
94 | NVIDIA Corp. | 48,841 | ||||||
161 | QUALCOMM, Inc. | 25,161 | ||||||
42 | Silicon Laboratories, Inc.(a) | 5,509 | ||||||
50 | Texas Instruments, Inc. | 8,284 | ||||||
23 | Universal Display Corp. | 5,309 | ||||||
8 | Xilinx, Inc. | 1,045 | ||||||
|
| |||||||
146,714 | ||||||||
|
| |||||||
Software — 3.9% |
| |||||||
26 | Adobe, Inc.(a) | 11,928 | ||||||
24 | ANSYS, Inc.(a) | 8,505 | ||||||
128 | Autodesk, Inc.(a) | 35,511 | ||||||
30 | Blackbaud, Inc. | 1,995 | ||||||
45 | Bottomline Technologies, Inc.(a) | 2,150 | ||||||
8 | Citrix Systems, Inc. | 1,066 | ||||||
14 | Fair Isaac Corp.(a) | 6,302 | ||||||
163 | Microsoft Corp. | 37,809 | ||||||
27 | NortonLifeLock, Inc. | 569 | ||||||
510 | Oracle Corp. | 30,819 | ||||||
26 | Paylocity Holding Corp.(a) | 4,874 | ||||||
37 | PTC, Inc.(a) | 4,918 | ||||||
27 | Qualys, Inc.(a) | 3,739 | ||||||
122 | salesforce.com, Inc.(a) | 27,518 | ||||||
42 | SPS Commerce, Inc.(a) | 4,153 | ||||||
124 | Workday, Inc., Class A(a) | 28,214 | ||||||
|
| |||||||
210,070 | ||||||||
|
| |||||||
Specialty Retail — 0.9% |
| |||||||
91 | American Eagle Outfitters, Inc. | 2,065 | ||||||
35 | Asbury Automotive Group, Inc.(a) | 4,991 | ||||||
3 | AutoZone, Inc.(a) | 3,355 | ||||||
22 | Best Buy Co., Inc. | 2,394 | ||||||
17 | Five Below, Inc.(a) | 2,987 | ||||||
52 | Gap, Inc. (The)(a) | 1,053 | ||||||
57 | Home Depot, Inc. (The) | 15,437 | ||||||
25 | Lithia Motors, Inc., Class A | 7,967 | ||||||
10 | Lowe’s Cos., Inc. | 1,669 | ||||||
25 | Monro, Inc. | 1,462 | ||||||
13 | TJX Cos., Inc. (The) | 833 | ||||||
7 | Ulta Beauty, Inc.(a) | 1,958 | ||||||
35 | Williams-Sonoma, Inc. | 4,512 | ||||||
|
| |||||||
50,683 | ||||||||
|
| |||||||
Technology Hardware, Storage & Peripherals — 0.5% |
| |||||||
823 | Hewlett Packard Enterprise Co. | 10,156 | ||||||
501 | HP, Inc. | 12,194 | ||||||
92 | NCR Corp.(a) | 3,069 | ||||||
12 | Seagate Technology PLC | 794 | ||||||
|
| |||||||
26,213 | ||||||||
|
| |||||||
Textiles, Apparel & Luxury Goods — 0.5% |
| |||||||
21 | Deckers Outdoor Corp.(a) | 6,132 | ||||||
683 | Under Armour, Inc., Class A(a) | 11,953 | ||||||
59 | VF Corp. | 4,535 | ||||||
85 | Wolverine World Wide, Inc. | 2,434 | ||||||
|
| |||||||
25,054 | ||||||||
|
| |||||||
Thrifts & Mortgage Finance — 0.1% |
| |||||||
112 | Mr. Cooper Group, Inc.(a) | $ | 3,050 | |||||
296 | New York Community Bancorp, Inc. | 3,096 | ||||||
|
| |||||||
6,146 | ||||||||
|
| |||||||
Trading Companies & Distributors — 0.0% |
| |||||||
25 | GATX Corp. | 2,320 | ||||||
|
| |||||||
Water Utilities — 0.3% |
| |||||||
31 | American Water Works Co., Inc. | 4,929 | ||||||
209 | Essential Utilities, Inc. | 9,677 | ||||||
|
| |||||||
14,606 | ||||||||
|
| |||||||
Wireless Telecommunication Services — 0.2% |
| |||||||
61 | Shenandoah Telecommunications Co. | 2,371 | ||||||
50 | T-Mobile US, Inc.(a) | 6,304 | ||||||
|
| |||||||
8,675 | ||||||||
|
| |||||||
Total Common Stocks (Identified Cost $2,378,442) | 2,814,574 | |||||||
|
| |||||||
Principal Amount | ||||||||
Bonds and Notes — 5.2% | ||||||||
Automotive — 0.1% |
| |||||||
$ | 2,000 | General Motors Financial Co., Inc., 4.350%, 1/17/2027 | 2,291 | |||||
2,000 | Toyota Motor Credit Corp., MTN, 2.600%, 1/11/2022 | 2,042 | ||||||
|
| |||||||
4,333 | ||||||||
|
| |||||||
Banking — 0.8% |
| |||||||
2,000 | American Express Co., 3.700%, 8/03/2023 | 2,159 | ||||||
2,000 | Bank of America Corp., (fixed rate to 1/20/2022, variable rate thereafter), MTN, 3.124%, 1/20/2023 | 2,052 | ||||||
2,000 | Bank of Montreal, MTN, 1.900%, 8/27/2021 | 2,020 | ||||||
2,000 | Bank of New York Mellon Corp. (The), Series 12, MTN, 3.650%, 2/04/2024 | 2,187 | ||||||
2,000 | Bank of Nova Scotia (The), 3.400%, 2/11/2024 | 2,173 | ||||||
3,000 | BNP Paribas S.A., MTN, 3.250%, 3/03/2023 | 3,187 | ||||||
2,000 | Capital One Financial Corp., 3.300%, 10/30/2024 | 2,181 | ||||||
3,000 | Citigroup, Inc., 4.600%, 3/09/2026 | 3,480 | ||||||
2,000 | Cooperatieve Rabobank UA, 3.875%, 2/08/2022 | 2,074 | ||||||
1,000 | Deutsche Bank AG, GMTN, 3.375%, 5/12/2021 | 1,008 | ||||||
2,000 | Goldman Sachs Group, Inc. (The), 3.750%, 5/22/2025 | 2,227 | ||||||
2,000 | JPMorgan Chase & Co., (fixed rate to 3/01/2024, variable rate thereafter), 3.220%, 3/01/2025 | 2,155 | ||||||
3,000 | KeyCorp, MTN, 2.550%, 10/01/2029 | 3,199 | ||||||
3,000 | Morgan Stanley, Series F, 3.875%, 4/29/2024 | 3,311 | ||||||
2,000 | PNC Financial Services Group, Inc. (The), 2.600%, 7/23/2026 | 2,182 | ||||||
1,000 | Santander Holdings USA, Inc., 3.500%, 6/07/2024 | 1,081 | ||||||
3,000 | Truist Bank, 3.200%, 4/01/2024 | 3,253 | ||||||
3,000 | Wells Fargo & Co., MTN, 3.000%, 2/19/2025 | 3,245 | ||||||
2,000 | Westpac Banking Corp., 2.350%, 2/19/2025 | 2,136 | ||||||
|
| |||||||
45,310 | ||||||||
|
| |||||||
Brokerage — 0.1% |
| |||||||
2,000 | BlackRock, Inc., 2.400%, 4/30/2030 | 2,149 | ||||||
2,000 | Intercontinental Exchange, Inc., 3.000%, 6/15/2050 | 2,047 | ||||||
|
| |||||||
4,196 | ||||||||
|
| |||||||
Cable Satellite — 0.0% |
| |||||||
2,000 | Comcast Corp., 3.000%, 2/01/2024 | 2,150 | ||||||
|
| |||||||
Construction Machinery — 0.1% |
| |||||||
3,000 | Caterpillar Financial Services Corp., 0.650%, 7/07/2023 | 3,022 | ||||||
2,000 | John Deere Capital Corp., MTN, 2.650%, 1/06/2022 | 2,045 | ||||||
|
| |||||||
5,067 | ||||||||
|
|
See accompanying notes to financial statements.
| 62
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2040 Fund – (continued)
Principal Amount | Description | Value (†) | ||||||
Consumer Cyclical Services — 0.1% |
| |||||||
$ | 2,000 | Amazon.com, Inc., 3.875%, 8/22/2037 | $ | 2,434 | ||||
2,000 | eBay, Inc., 3.800%, 3/09/2022 | 2,070 | ||||||
|
| |||||||
4,504 | ||||||||
|
| |||||||
Electric — 0.2% |
| |||||||
2,000 | Duke Energy Corp., 3.750%, 4/15/2024 | 2,185 | ||||||
2,000 | Entergy Corp., 0.900%, 9/15/2025 | 1,996 | ||||||
2,000 | Exelon Corp., 4.050%, 4/15/2030 | 2,339 | ||||||
2,000 | NextEra Energy Capital Holdings, Inc., 2.250%, 6/01/2030 | 2,070 | ||||||
2,000 | Virginia Electric & Power Co., Series A, 3.150%, 1/15/2026 | 2,205 | ||||||
|
| |||||||
10,795 | ||||||||
|
| |||||||
Finance Companies — 0.0% |
| |||||||
2,000 | Ares Capital Corp., 3.250%, 7/15/2025 | 2,115 | ||||||
|
| |||||||
Financial Other — 0.0% |
| |||||||
2,000 | ORIX Corp., 2.900%, 7/18/2022 | 2,069 | ||||||
|
| |||||||
Food & Beverage — 0.2% |
| |||||||
4,000 | Coca-Cola Co. (The), 1.450%, 6/01/2027 | 4,095 | ||||||
2,000 | General Mills, Inc., 4.000%, 4/17/2025 | 2,253 | ||||||
2,000 | Mondelez International, Inc., 2.750%, 4/13/2030 | 2,162 | ||||||
|
| |||||||
8,510 | ||||||||
|
| |||||||
Government Owned – No Guarantee — 0.1% |
| |||||||
4,000 | Federal National Mortgage Association, 6.625%, 11/15/2030 | 5,990 | ||||||
|
| |||||||
Health Insurance — 0.1% |
| |||||||
3,000 | Anthem, Inc., 4.101%, 3/01/2028 | 3,507 | ||||||
2,000 | UnitedHealth Group, Inc., 5.800%, 3/15/2036 | 2,901 | ||||||
|
| |||||||
6,408 | ||||||||
|
| |||||||
Healthcare — 0.2% |
| |||||||
2,000 | Cigna Corp., 3.750%, 7/15/2023 | 2,158 | ||||||
2,000 | CVS Health Corp., 4.300%, 3/25/2028 | 2,349 | ||||||
2,000 | DH Europe Finance II S.a.r.l., 2.200%, 11/15/2024 | 2,120 | ||||||
2,000 | McKesson Corp., 3.950%, 2/16/2028 | 2,310 | ||||||
|
| |||||||
8,937 | ||||||||
|
| |||||||
Independent Energy — 0.0% |
| |||||||
2,000 | EQT Corp., 3.000%, 10/01/2022 | 2,031 | ||||||
|
| |||||||
Integrated Energy — 0.2% |
| |||||||
3,000 | BP Capital Markets PLC, 3.814%, 2/10/2024 | 3,286 | ||||||
2,000 | Exxon Mobil Corp., 2.992%, 3/19/2025 | 2,174 | ||||||
2,000 | Shell International Finance BV, 6.375%, 12/15/2038 | 3,028 | ||||||
|
| |||||||
8,488 | ||||||||
|
| |||||||
Life Insurance — 0.1% |
| |||||||
2,000 | Brighthouse Financial, Inc., 3.700%, 6/22/2027 | 2,204 | ||||||
|
| |||||||
Midstream — 0.1% |
| |||||||
2,000 | Energy Transfer Operating LP, 4.050%, 3/15/2025 | 2,182 | ||||||
3,000 | Kinder Morgan Energy Partners LP, 4.150%, 2/01/2024 | 3,274 | ||||||
|
| |||||||
5,456 | ||||||||
|
| |||||||
Mortgage Related — 0.7% |
| |||||||
763 | FHLMC, 3.000%, 6/01/2049 | 802 | ||||||
1,965 | FNMA, 2.000%, 9/01/2050 | 2,030 | ||||||
14,932 | FNMA, 2.500%, with various maturities from 2050 to 2051(b) | 15,727 | ||||||
8,210 | FNMA, 3.000%, with various maturities from 2034 to 2049(b) | 8,644 | ||||||
7,481 | FNMA, 3.500%, with various maturities in 2049(b) | 7,949 | ||||||
1,655 | FNMA, 4.000%, with various maturities from 2049 to 2050(b) | 1,772 | ||||||
Mortgage Related — continued |
| |||||||
$ | 1,757 | FNMA, 4.500%, with various maturities in 2049(b) | $ | 1,909 | ||||
|
| |||||||
38,833 | ||||||||
|
| |||||||
Natural Gas — 0.0% |
| |||||||
2,000 | NiSource, Inc., 0.950%, 8/15/2025 | 2,002 | ||||||
|
| |||||||
Oil Field Services — 0.0% |
| |||||||
2,000 | Baker Hughes a GE Co. LLC/Baker Hughes Co-Obligor, Inc., 2.773%, 12/15/2022 | 2,083 | ||||||
|
| |||||||
Pharmaceuticals — 0.1% |
| |||||||
2,000 | AbbVie, Inc., 3.600%, 5/14/2025 | 2,217 | ||||||
2,000 | Amgen, Inc., 2.650%, 5/11/2022 | 2,057 | ||||||
3,000 | Johnson & Johnson, 1.300%, 9/01/2030 | 2,959 | ||||||
|
| |||||||
7,233 | ||||||||
|
| |||||||
Property & Casualty Insurance — 0.1% |
| |||||||
2,000 | American International Group, Inc., 3.400%, 6/30/2030 | 2,232 | ||||||
|
| |||||||
Railroads — 0.1% |
| |||||||
2,000 | CSX Corp., 2.600%, 11/01/2026 | 2,177 | ||||||
|
| |||||||
REITs – Office Property — 0.0% |
| |||||||
2,000 | Boston Properties LP, 2.750%, 10/01/2026 | 2,166 | ||||||
|
| |||||||
Restaurants — 0.1% |
| |||||||
3,000 | Starbucks Corp., 2.250%, 3/12/2030 | 3,125 | ||||||
|
| |||||||
Technology — 0.4% |
| |||||||
3,000 | Apple, Inc., 2.500%, 2/09/2025 | 3,227 | ||||||
2,000 | Broadcom, Inc., 4.110%, 9/15/2028 | 2,258 | ||||||
2,000 | HP, Inc., 3.000%, 6/17/2027 | 2,193 | ||||||
2,000 | Intel Corp., 2.450%, 11/15/2029 | 2,141 | ||||||
3,000 | International Business Machines Corp., 4.000%, 6/20/2042 | 3,589 | ||||||
2,000 | NVIDIA Corp., 2.850%, 4/01/2030 | 2,204 | ||||||
2,000 | Oracle Corp., 2.950%, 5/15/2025 | 2,175 | ||||||
2,000 | QUALCOMM, Inc., 1.650%, 5/20/2032 | 1,970 | ||||||
2,000 | VMware, Inc., 2.950%, 8/21/2022 | 2,072 | ||||||
|
| |||||||
21,829 | ||||||||
|
| |||||||
Treasuries — 1.2% |
| |||||||
2,000 | U.S. Treasury Bond, 2.500%, 5/15/2046 | 2,295 | ||||||
6,000 | U.S. Treasury Bond, 2.875%, 11/15/2046 | 7,367 | ||||||
7,000 | U.S. Treasury Bond, 3.000%, 5/15/2045 | 8,740 | ||||||
2,000 | U.S. Treasury Bond, 3.000%, 2/15/2048 | 2,521 | ||||||
6,000 | U.S. Treasury Bond, 3.000%, 2/15/2049 | 7,596 | ||||||
2,000 | U.S. Treasury Bond, 4.250%, 11/15/2040 | 2,909 | ||||||
2,000 | U.S. Treasury Bond, 4.375%, 5/15/2041 | 2,966 | ||||||
1,000 | U.S. Treasury Bond, 4.500%, 2/15/2036 | 1,432 | ||||||
6,000 | U.S. Treasury Note, 0.375%, 11/30/2025 | 5,991 | ||||||
11,000 | U.S. Treasury Note, 1.625%, 8/31/2022 | 11,262 | ||||||
11,000 | U.S. Treasury Note, 2.125%, 12/31/2022 | 11,421 | ||||||
|
| |||||||
64,500 | ||||||||
|
| |||||||
Wireless — 0.1% |
| |||||||
2,000 | Vodafone Group PLC, 6.150%, 2/27/2037 | 2,794 | ||||||
|
| |||||||
Wirelines — 0.0% |
| |||||||
2,000 | Verizon Communications, Inc., 3-month LIBOR + 1.100%, 1.321%, 5/15/2025(c) | 2,058 | ||||||
|
| |||||||
Total Bonds and Notes (Identified Cost $273,043) | 279,595 | |||||||
|
| |||||||
Shares | ||||||||
Exchange-Traded Funds — 6.3% | ||||||||
4,747 | iShares® ESG Aware MSCI EAFE ETF (Identified Cost $301,861) | 343,398 | ||||||
|
|
See accompanying notes to financial statements.
63 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2040 Fund – (continued)
Shares | Description | Value (†) | ||||||
Affiliated Mutual Funds — 27.5% | ||||||||
11,742 | Loomis Sayles Inflation Protected Securities Fund, Class N | $ | 140,788 | |||||
9,773 | Loomis Sayles Limited Term Government and Agency Fund, Class N | 112,782 | ||||||
18,340 | Mirova Global Green Bond Fund, Class N | 196,967 | ||||||
31,363 | Mirova International Sustainable Equity Fund, Class N | 427,161 | ||||||
10,648 | WCM Focused Emerging Markets Fund, Institutional Class | 213,594 | ||||||
16,360 | WCM Focused International Growth Fund, Institutional Class | 403,115 | ||||||
|
| |||||||
Total Affiliated Mutual Funds (Identified Cost $1,346,060) | 1,494,407 | |||||||
|
| |||||||
Principal Amount | ||||||||
Short-Term Investments — 4.7% | ||||||||
$ | 256,642 | Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 1/29/2021 at 0.000% to be repurchased at $256,642 on 2/01/2021 collateralized by $51,400 U.S. Treasury Note, 2.750% due 5/31/2023 valued at $54,747; $199,900 U.S. Treasury Note, 1.625% due 4/30/2023 valued at $207,353 including accrued interest (Note 2 of Notes to Financial Statements) (Identified Cost $256,642) | 256,642 | |||||
|
| |||||||
Total Investments — 95.5% (Identified Cost $4,556,048) | 5,188,616 | |||||||
Other assets less liabilities — 4.5% | 242,126 | |||||||
|
| |||||||
Net Assets — 100.0% | $ | 5,430,742 | ||||||
|
| |||||||
(†) | See Note 2 of Notes to Financial Statements. |
| ||||||
(a) | Non-income producing security. |
| ||||||
(b) | The Fund’s investment in mortgage related securities of Federal National Mortgage Association are interests in separate pools of mortgages. All separate investments in securities of each issuer which have the same coupon rate have been aggregated for the purpose of presentation in the Portfolio of Investments. |
| ||||||
(c) | Variable rate security. Rate as of January 31, 2021 is disclosed. |
| ||||||
ADR | An American Depositary Receipt is a certificate issued by a custodian bank representing the right to receive securities of the foreign issuer described. The values of ADRs may be significantly influenced by trading on exchanges not located in the United States. |
| ||||||
ETF | Exchange-Traded Fund |
| ||||||
FHLMC | Federal Home Loan Mortgage Corp. |
| ||||||
FNMA | Federal National Mortgage Association |
| ||||||
GMTN | Global Medium Term Note |
| ||||||
LIBOR | London Interbank Offered Rate |
| ||||||
MTN | Medium Term Note |
| ||||||
REITs | Real Estate Investment Trusts |
|
Asset Allocation Summary at January 31, 2021
Equity | 77.3 | % | ||
Fixed Income | 13.5 | |||
Short-Term Investments | 4.7 | |||
|
| |||
Total Investments | 95.5 | |||
Other assets less liabilities | 4.5 | |||
|
| |||
Net Assets | 100.0 | % | ||
|
|
See accompanying notes to financial statements.
| 64
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2045 Fund
Shares | Description | Value (†) | ||||||
Common Stocks — 56.8% of Net Assets | ||||||||
Aerospace & Defense — 0.9% |
| |||||||
26 | Axon Enterprise, Inc.(a) | $ | 4,268 | |||||
176 | Boeing Co. (The) | 34,177 | ||||||
72 | General Dynamics Corp. | 10,561 | ||||||
5 | L3Harris Technologies, Inc. | 858 | ||||||
33 | Moog, Inc., Class A | 2,438 | ||||||
77 | Raytheon Technologies Corp. | 5,138 | ||||||
|
| |||||||
57,440 | ||||||||
|
| |||||||
Air Freight & Logistics — 0.5% |
| |||||||
297 | Expeditors International of Washington, Inc. | 26,587 | ||||||
42 | United Parcel Service, Inc., Class B | 6,510 | ||||||
|
| |||||||
33,097 | ||||||||
|
| |||||||
Airlines — 0.1% |
| |||||||
15 | Alaska Air Group, Inc. | 732 | ||||||
51 | Delta Air Lines, Inc. | 1,936 | ||||||
370 | JetBlue Airways Corp.(a) | 5,306 | ||||||
|
| |||||||
7,974 | ||||||||
|
| |||||||
Auto Components — 0.4% |
| |||||||
131 | Aptiv PLC | 17,502 | ||||||
21 | BorgWarner, Inc. | 882 | ||||||
250 | Dana, Inc. | 4,840 | ||||||
34 | Visteon Corp.(a) | 4,334 | ||||||
|
| |||||||
27,558 | ||||||||
|
| |||||||
Automobiles — 0.5% |
| |||||||
521 | General Motors Co. | 26,404 | ||||||
35 | Thor Industries, Inc. | 4,236 | ||||||
|
| |||||||
30,640 | ||||||||
|
| |||||||
Banks — 2.6% |
| |||||||
97 | Ameris Bancorp | 3,794 | ||||||
173 | BancorpSouth Bank | 4,783 | ||||||
941 | Bank of America Corp. | 27,901 | ||||||
465 | Citigroup, Inc. | 26,965 | ||||||
136 | Citizens Financial Group, Inc. | 4,956 | ||||||
132 | Columbia Banking System, Inc. | 5,085 | ||||||
12 | Comerica, Inc. | 686 | ||||||
84 | Cullen/Frost Bankers, Inc. | 7,748 | ||||||
54 | Fifth Third Bancorp | 1,562 | ||||||
277 | Fulton Financial Corp. | 3,712 | ||||||
96 | Huntington Bancshares, Inc. | 1,270 | ||||||
154 | International Bancshares Corp. | 5,823 | ||||||
172 | KeyCorp | 2,900 | ||||||
35 | M&T Bank Corp. | 4,636 | ||||||
221 | People’s United Financial, Inc. | 3,019 | ||||||
82 | PNC Financial Services Group, Inc. (The) | 11,769 | ||||||
228 | Regions Financial Corp. | 3,878 | ||||||
140 | TCF Financial Corp. | 5,440 | ||||||
238 | Truist Financial Corp. | 11,419 | ||||||
238 | Trustmark Corp. | 6,538 | ||||||
104 | U.S. Bancorp | 4,456 | ||||||
471 | Wells Fargo & Co. | 14,074 | ||||||
64 | Wintrust Financial Corp. | 3,852 | ||||||
|
| |||||||
166,266 | ||||||||
|
| |||||||
Beverages — 1.5% |
| |||||||
200 | Coca-Cola Co. (The) | 9,630 | ||||||
100 | Constellation Brands, Inc., Class A | 21,093 | ||||||
402 | Keurig Dr Pepper, Inc. | 12,783 | ||||||
465 | Monster Beverage Corp.(a) | 40,376 | ||||||
73 | PepsiCo, Inc. | 9,970 | ||||||
|
| |||||||
93,852 | ||||||||
|
| |||||||
Biotechnology — 1.3% |
| |||||||
48 | AbbVie, Inc. | $ | 4,919 | |||||
47 | Amgen, Inc. | 11,347 | ||||||
15 | Biogen, Inc.(a) | 4,239 | ||||||
120 | BioMarin Pharmaceutical, Inc.(a) | 9,934 | ||||||
118 | Gilead Sciences, Inc. | 7,741 | ||||||
21 | Ligand Pharmaceuticals, Inc.(a) | 3,892 | ||||||
73 | Regeneron Pharmaceuticals, Inc.(a) | 36,780 | ||||||
|
| |||||||
78,852 | ||||||||
|
| |||||||
Building Products — 0.3% |
| |||||||
32 | Carrier Global Corp. | 1,232 | ||||||
29 | Johnson Controls International PLC | 1,445 | ||||||
25 | Lennox International, Inc. | 6,887 | ||||||
74 | Owens Corning | 5,742 | ||||||
49 | Trex Co., Inc.(a) | 4,497 | ||||||
|
| |||||||
19,803 | ||||||||
|
| |||||||
Capital Markets — 3.5% |
| |||||||
12 | Ameriprise Financial, Inc. | 2,374 | ||||||
711 | Bank of New York Mellon Corp. (The) | 28,319 | ||||||
10 | BlackRock, Inc. | 7,013 | ||||||
558 | Charles Schwab Corp. (The) | 28,759 | ||||||
18 | CME Group, Inc. | 3,271 | ||||||
60 | FactSet Research Systems, Inc. | 18,140 | ||||||
55 | Franklin Resources, Inc. | 1,446 | ||||||
74 | Goldman Sachs Group, Inc. (The) | 20,067 | ||||||
33 | Intercontinental Exchange, Inc. | 3,642 | ||||||
24 | Invesco Ltd. | 494 | ||||||
113 | Janus Henderson Group PLC | 3,476 | ||||||
168 | KKR & Co., Inc. | 6,544 | ||||||
34 | Moody’s Corp. | 9,053 | ||||||
11 | Morgan Stanley | 738 | ||||||
34 | MSCI, Inc. | 13,440 | ||||||
126 | Northern Trust Corp. | 11,238 | ||||||
47 | S&P Global, Inc. | 14,899 | ||||||
257 | SEI Investments Co. | 13,582 | ||||||
494 | State Street Corp. | 34,580 | ||||||
5 | T. Rowe Price Group, Inc. | 782 | ||||||
|
| |||||||
221,857 | ||||||||
|
| |||||||
Chemicals — 0.6% |
| |||||||
10 | Air Products & Chemicals, Inc. | 2,668 | ||||||
29 | DuPont de Nemours, Inc. | 2,304 | ||||||
12 | Ecolab, Inc. | 2,454 | ||||||
60 | HB Fuller Co. | 3,053 | ||||||
48 | Innospec, Inc. | 4,214 | ||||||
51 | Linde PLC | 12,516 | ||||||
52 | Minerals Technologies, Inc. | 3,205 | ||||||
8 | PPG Industries, Inc. | 1,078 | ||||||
3 | Sherwin-Williams Co. (The) | 2,075 | ||||||
30 | Stepan Co. | 3,380 | ||||||
|
| |||||||
36,947 | ||||||||
|
| |||||||
Commercial Services & Supplies — 0.2% |
| |||||||
55 | Healthcare Services Group, Inc. | 1,783 | ||||||
35 | MSA Safety, Inc. | 5,464 | ||||||
10 | Republic Services, Inc. | 905 | ||||||
51 | Tetra Tech, Inc. | 6,200 | ||||||
12 | Waste Management, Inc. | 1,336 | ||||||
|
| |||||||
15,688 | ||||||||
|
| |||||||
Communications Equipment — 0.7% |
| |||||||
37 | Arista Networks, Inc.(a) | 11,380 | ||||||
82 | Ciena Corp.(a) | 4,378 | ||||||
477 | Cisco Systems, Inc. | 21,265 | ||||||
8 | F5 Networks, Inc.(a) | 1,567 | ||||||
46 | Lumentum Holdings, Inc.(a) | 4,315 | ||||||
|
| |||||||
42,905 | ||||||||
|
|
See accompanying notes to financial statements.
65 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2045 Fund – (continued)
Shares | Description | Value (†) | ||||||
Construction & Engineering — 0.2% |
| |||||||
155 | AECOM(a) | $ | 7,766 | |||||
173 | Fluor Corp. | 2,991 | ||||||
|
| |||||||
10,757 | ||||||||
|
| |||||||
Consumer Finance — 1.5% |
| |||||||
903 | Ally Financial, Inc. | 34,169 | ||||||
184 | American Express Co. | 21,392 | ||||||
307 | Capital One Financial Corp. | 32,008 | ||||||
40 | Green Dot Corp., Class A(a) | 2,009 | ||||||
37 | PROG Holdings, Inc. | 1,746 | ||||||
|
| |||||||
91,324 | ||||||||
|
| |||||||
Containers & Packaging — 0.2% |
| |||||||
60 | Ball Corp. | 5,281 | ||||||
39 | International Paper Co. | 1,962 | ||||||
216 | O-I Glass, Inc. | 2,731 | ||||||
|
| |||||||
9,974 | ||||||||
|
| |||||||
Distributors — 0.1% |
| |||||||
39 | Genuine Parts Co. | 3,661 | ||||||
|
| |||||||
Diversified Telecommunication Services — 0.3% |
| |||||||
196 | AT&T, Inc. | 5,612 | ||||||
1,079 | Lumen Technologies, Inc. | 13,358 | ||||||
|
| |||||||
18,970 | ||||||||
|
| |||||||
Electric Utilities — 0.7% |
| |||||||
123 | American Electric Power Co., Inc. | 9,952 | ||||||
197 | Edison International | 11,457 | ||||||
32 | Eversource Energy | 2,800 | ||||||
46 | IDACORP, Inc. | 4,062 | ||||||
185 | NextEra Energy, Inc. | 14,961 | ||||||
45 | PPL Corp. | 1,245 | ||||||
|
| |||||||
44,477 | ||||||||
|
| |||||||
Electrical Equipment — 0.7% |
| |||||||
16 | Acuity Brands, Inc. | 1,924 | ||||||
336 | Ballard Power Systems, Inc.(a) | 11,481 | ||||||
41 | Eaton Corp. PLC | 4,826 | ||||||
28 | Generac Holdings, Inc.(a) | 6,900 | ||||||
32 | Hubbell, Inc. | 4,979 | ||||||
30 | Rockwell Automation, Inc. | 7,456 | ||||||
52 | Sunrun, Inc.(a) | 3,602 | ||||||
|
| |||||||
41,168 | ||||||||
|
| |||||||
Electronic Equipment, Instruments & Components — 1.0% |
| |||||||
10 | Amphenol Corp., Class A | 1,249 | ||||||
77 | Avnet, Inc. | 2,719 | ||||||
88 | Cognex Corp. | 7,227 | ||||||
20 | Coherent, Inc.(a) | 4,017 | ||||||
41 | Corning, Inc. | 1,471 | ||||||
122 | Itron, Inc.(a) | 10,494 | ||||||
16 | Littelfuse, Inc. | 3,894 | ||||||
15 | Rogers Corp.(a) | 2,341 | ||||||
138 | TE Connectivity Ltd. | 16,615 | ||||||
105 | Trimble, Inc.(a) | 6,921 | ||||||
139 | Vishay Intertechnology, Inc. | 2,995 | ||||||
|
| |||||||
59,943 | ||||||||
|
| |||||||
Energy Equipment & Services — 0.4% |
| |||||||
656 | Archrock, Inc. | 5,819 | ||||||
112 | Baker Hughes Co. | 2,250 | ||||||
88 | NOV, Inc. | 1,089 | ||||||
597 | Schlumberger NV | 13,259 | ||||||
63 | TechnipFMC PLC | 674 | ||||||
|
| |||||||
23,091 | ||||||||
|
| |||||||
Entertainment — 1.3% |
| |||||||
35 | Activision Blizzard, Inc. | $ | 3,185 | |||||
68 | Cinemark Holdings, Inc. | 1,376 | ||||||
65 | Electronic Arts, Inc. | 9,308 | ||||||
35 | Netflix, Inc.(a) | 18,634 | ||||||
283 | Walt Disney Co. (The)(a) | 47,592 | ||||||
|
| |||||||
80,095 | ||||||||
|
| |||||||
Food & Staples Retailing — 0.2% |
| |||||||
61 | BJ’s Wholesale Club Holdings, Inc.(a) | 2,566 | ||||||
73 | Kroger Co. (The) | 2,519 | ||||||
191 | SpartanNash Co. | 3,537 | ||||||
15 | Sysco Corp. | 1,073 | ||||||
63 | Walgreens Boots Alliance, Inc. | 3,166 | ||||||
|
| |||||||
12,861 | ||||||||
|
| |||||||
Food Products — 0.4% |
| |||||||
70 | Campbell Soup Co. | 3,368 | ||||||
27 | Conagra Brands, Inc. | 934 | ||||||
83 | Darling Ingredients, Inc.(a) | 5,147 | ||||||
52 | General Mills, Inc. | 3,021 | ||||||
81 | Hain Celestial Group, Inc. (The)(a) | 3,369 | ||||||
70 | Hormel Foods Corp. | 3,280 | ||||||
41 | Ingredion, Inc. | 3,094 | ||||||
12 | J.M. Smucker Co. (The) | 1,397 | ||||||
21 | Kellogg Co. | 1,238 | ||||||
15 | McCormick & Co., Inc. | 1,343 | ||||||
|
| |||||||
26,191 | ||||||||
|
| |||||||
Gas Utilities — 0.2% |
| |||||||
82 | New Jersey Resources Corp. | 2,871 | ||||||
47 | ONE Gas, Inc. | 3,437 | ||||||
91 | South Jersey Industries, Inc. | 2,102 | ||||||
101 | UGI Corp. | 3,635 | ||||||
|
| |||||||
12,045 | ||||||||
|
| |||||||
Health Care Equipment & Supplies — 1.0% |
| |||||||
51 | Abbott Laboratories | 6,303 | ||||||
9 | Baxter International, Inc. | 691 | ||||||
7 | Becton Dickinson & Co. | 1,833 | ||||||
28 | Boston Scientific Corp.(a) | 992 | ||||||
8 | Cooper Cos., Inc. (The) | 2,912 | ||||||
18 | Danaher Corp. | 4,281 | ||||||
18 | DENTSPLY SIRONA, Inc. | 963 | ||||||
44 | Edwards Lifesciences Corp.(a) | 3,633 | ||||||
43 | Globus Medical, Inc., Class A(a) | 2,653 | ||||||
23 | Haemonetics Corp.(a) | 2,629 | ||||||
46 | Hill-Rom Holdings, Inc. | 4,418 | ||||||
20 | Hologic, Inc.(a) | 1,595 | ||||||
15 | Intuitive Surgical, Inc.(a) | 11,215 | ||||||
32 | Medtronic PLC | 3,563 | ||||||
102 | Meridian Bioscience, Inc.(a) | 2,254 | ||||||
33 | Merit Medical Systems, Inc.(a) | 1,787 | ||||||
24 | Penumbra, Inc.(a) | 6,266 | ||||||
12 | Quidel Corp.(a) | 3,012 | ||||||
4 | STERIS PLC | 748 | ||||||
8 | Stryker Corp. | 1,768 | ||||||
7 | Varian Medical Systems, Inc.(a) | 1,229 | ||||||
|
| |||||||
64,745 | ||||||||
|
| |||||||
Health Care Providers & Services — 2.0% |
| |||||||
17 | Amedisys, Inc.(a) | 4,884 | ||||||
23 | Anthem, Inc. | 6,830 | ||||||
32 | BioTelemetry, Inc.(a) | 2,287 | ||||||
131 | Centene Corp.(a) | 7,899 | ||||||
11 | Chemed Corp. | 5,697 | ||||||
30 | Cigna Corp. | 6,511 |
See accompanying notes to financial statements.
| 66
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2045 Fund – (continued)
Shares | Description | Value (†) | ||||||
Health Care Providers & Services — continued |
| |||||||
207 | CVS Health Corp. | $ | 14,832 | |||||
44 | Encompass Health Corp. | 3,538 | ||||||
159 | HCA Healthcare, Inc. | 25,834 | ||||||
24 | Henry Schein, Inc.(a) | 1,580 | ||||||
55 | Humana, Inc. | 21,071 | ||||||
23 | Laboratory Corp. of America Holdings(a) | 5,265 | ||||||
180 | MEDNAX, Inc.(a) | 4,909 | ||||||
73 | Patterson Cos., Inc. | 2,313 | ||||||
35 | Quest Diagnostics, Inc. | 4,520 | ||||||
27 | UnitedHealth Group, Inc. | 9,007 | ||||||
|
| |||||||
126,977 | ||||||||
|
| |||||||
Health Care Technology — 0.4% |
| |||||||
160 | Allscripts Healthcare Solutions, Inc.(a) | 2,640 | ||||||
226 | Cerner Corp. | 18,105 | ||||||
76 | HMS Holdings Corp.(a) | 2,798 | ||||||
|
| |||||||
23,543 | ||||||||
|
| |||||||
Hotels, Restaurants & Leisure — 1.7% |
| |||||||
3 | Chipotle Mexican Grill, Inc.(a) | 4,440 | ||||||
43 | Dine Brands Global, Inc. | 2,957 | ||||||
173 | Hilton Worldwide Holdings, Inc. | 17,540 | ||||||
54 | Jack in the Box, Inc. | 5,083 | ||||||
585 | MGM Resorts International | 16,708 | ||||||
18 | Royal Caribbean Cruises Ltd. | 1,170 | ||||||
60 | Shake Shack, Inc., Class A(a) | 6,805 | ||||||
246 | Starbucks Corp. | 23,815 | ||||||
159 | Wendy’s Co. (The) | 3,244 | ||||||
259 | Yum China Holdings, Inc. | 14,688 | ||||||
89 | Yum! Brands, Inc. | 9,033 | ||||||
|
| |||||||
105,483 | ||||||||
|
| |||||||
Household Durables — 0.3% |
| |||||||
139 | KB Home | 5,788 | ||||||
104 | Meritage Homes Corp.(a) | 8,347 | ||||||
12 | Mohawk Industries, Inc.(a) | 1,723 | ||||||
187 | Taylor Morrison Home Corp.(a) | 4,858 | ||||||
|
| |||||||
20,716 | ||||||||
|
| |||||||
Household Products — 0.5% |
| |||||||
5 | Clorox Co. (The) | 1,047 | ||||||
216 | Colgate-Palmolive Co. | 16,848 | ||||||
117 | Kimberly-Clark Corp. | 15,456 | ||||||
|
| |||||||
33,351 | ||||||||
|
| |||||||
Independent Power & Renewable Electricity Producers — 0.5% |
| |||||||
65 | AES Corp. (The) | 1,585 | ||||||
98 | Boralex, Inc., Class A | 3,838 | ||||||
161 | NextEra Energy Partners LP | 13,122 | ||||||
68 | Ormat Technologies, Inc. | 7,763 | ||||||
111 | Sunnova Energy International, Inc.(a) | 4,867 | ||||||
|
| |||||||
31,175 | ||||||||
|
| |||||||
Industrial Conglomerates — 0.4% |
| |||||||
25 | Carlisle Cos., Inc. | 3,623 | ||||||
1,749 | General Electric Co. | 18,680 | ||||||
6 | Honeywell International, Inc. | 1,172 | ||||||
|
| |||||||
23,475 | ||||||||
|
| |||||||
Insurance — 1.5% |
| |||||||
22 | Aflac, Inc. | 994 | ||||||
38 | Allstate Corp. (The) | 4,073 | ||||||
486 | American International Group, Inc. | 18,196 | ||||||
67 | Chubb Ltd. | 9,760 | ||||||
80 | First American Financial Corp. | 4,183 | ||||||
27 | Hanover Insurance Group, Inc. (The) | 3,037 | ||||||
111 | Hartford Financial Services Group, Inc. (The) | 5,330 | ||||||
Insurance — continued |
| |||||||
17 | Lincoln National Corp. | $ | 773 | |||||
42 | Marsh & McLennan Cos., Inc. | 4,616 | ||||||
276 | MetLife, Inc. | 13,289 | ||||||
61 | Prudential Financial, Inc. | 4,775 | ||||||
230 | Reinsurance Group of America, Inc. | 24,162 | ||||||
31 | Travelers Cos., Inc. (The) | 4,225 | ||||||
|
| |||||||
97,413 | ||||||||
|
| |||||||
Interactive Media & Services — 2.8% |
| |||||||
25 | Alphabet, Inc., Class A(a) | 45,684 | ||||||
32 | Alphabet, Inc., Class C(a) | 58,744 | ||||||
285 | Facebook, Inc., Class A(a) | 73,624 | ||||||
|
| |||||||
178,052 | ||||||||
|
| |||||||
Internet & Direct Marketing Retail — 2.8% |
| |||||||
186 | Alibaba Group Holding Ltd., Sponsored ADR(a) | 47,212 | ||||||
20 | Amazon.com, Inc.(a) | 64,124 | ||||||
13 | Booking Holdings, Inc.(a) | 25,276 | ||||||
499 | eBay, Inc. | 28,198 | ||||||
7 | Etsy, Inc.(a) | 1,394 | ||||||
8 | Expedia Group, Inc. | 993 | ||||||
671 | Qurate Retail, Inc., Class A | 8,455 | ||||||
|
| |||||||
175,652 | ||||||||
|
| |||||||
IT Services — 2.9% |
| |||||||
56 | Accenture PLC, Class A | 13,548 | ||||||
103 | Akamai Technologies, Inc.(a) | 11,436 | ||||||
143 | Automatic Data Processing, Inc. | 23,612 | ||||||
50 | Cognizant Technology Solutions Corp., Class A | 3,898 | ||||||
640 | DXC Technology Co. | 18,048 | ||||||
87 | Fiserv, Inc.(a) | 8,934 | ||||||
112 | Gartner, Inc.(a) | 17,014 | ||||||
79 | MasterCard, Inc., Class A | 24,987 | ||||||
27 | Paychex, Inc. | 2,358 | ||||||
216 | Sabre Corp. | 2,328 | ||||||
15 | VeriSign, Inc.(a) | 2,911 | ||||||
265 | Visa, Inc., Class A | 51,211 | ||||||
24 | WEX, Inc.(a) | 4,526 | ||||||
|
| |||||||
184,811 | ||||||||
|
| |||||||
Leisure Products — 0.0% |
| |||||||
95 | Callaway Golf Co. | 2,650 | ||||||
|
| |||||||
Life Sciences Tools & Services — 0.8% |
| |||||||
21 | Agilent Technologies, Inc. | 2,524 | ||||||
58 | Illumina, Inc.(a) | 24,733 | ||||||
9 | IQVIA Holdings, Inc.(a) | 1,600 | ||||||
97 | NeoGenomics, Inc.(a) | 5,143 | ||||||
44 | Repligen Corp.(a) | 8,800 | ||||||
11 | Thermo Fisher Scientific, Inc. | 5,607 | ||||||
8 | Waters Corp.(a) | 2,117 | ||||||
|
| |||||||
50,524 | ||||||||
|
| |||||||
Machinery — 2.4% |
| |||||||
58 | AGCO Corp. | 6,432 | ||||||
162 | Caterpillar, Inc. | 29,620 | ||||||
65 | Cummins, Inc. | 15,237 | ||||||
160 | Deere & Co. | 46,208 | ||||||
46 | Flowserve Corp. | 1,636 | ||||||
13 | Illinois Tool Works, Inc. | 2,525 | ||||||
77 | ITT, Inc. | 5,753 | ||||||
89 | Kennametal, Inc. | 3,371 | ||||||
61 | Oshkosh Corp. | 5,587 | ||||||
73 | Parker-Hannifin Corp. | 19,317 | ||||||
18 | Proto Labs, Inc.(a) | 3,812 | ||||||
68 | Terex Corp. | 2,432 | ||||||
68 | Toro Co. (The) | 6,409 | ||||||
|
| |||||||
148,339 | ||||||||
|
|
See accompanying notes to financial statements.
67 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2045 Fund – (continued)
Shares | Description | Value (†) | ||||||
Media — 1.4% |
| |||||||
4 | Cable One, Inc. | $ | 8,000 | |||||
36 | Charter Communications, Inc., Class A(a) | 21,872 | ||||||
762 | Comcast Corp., Class A | 37,772 | ||||||
29 | Discovery, Inc., Series C(a) | 1,016 | ||||||
96 | Discovery, Inc., Series A(a) | 3,976 | ||||||
66 | Fox Corp., Class A | 2,058 | ||||||
52 | Interpublic Group of Cos., Inc. (The) | 1,252 | ||||||
76 | New York Times Co. (The), Class A | 3,769 | ||||||
65 | News Corp., Class A | 1,261 | ||||||
72 | Omnicom Group, Inc. | 4,491 | ||||||
|
| |||||||
85,467 | ||||||||
|
| |||||||
Metals & Mining — 0.3% |
| |||||||
247 | Cleveland-Cliffs, Inc. | 3,789 | ||||||
125 | Commercial Metals Co. | 2,461 | ||||||
14 | Nucor Corp. | 682 | ||||||
60 | Reliance Steel & Aluminum Co. | 6,965 | ||||||
39 | Royal Gold, Inc. | 4,169 | ||||||
|
| |||||||
18,066 | ||||||||
|
| |||||||
Multi-Utilities — 0.2% |
| |||||||
72 | Consolidated Edison, Inc. | 5,096 | ||||||
30 | DTE Energy Co. | 3,562 | ||||||
30 | Sempra Energy | 3,713 | ||||||
15 | WEC Energy Group, Inc. | 1,333 | ||||||
|
| |||||||
13,704 | ||||||||
|
| |||||||
Multiline Retail — 0.2% |
| |||||||
355 | Macy’s, Inc. | 5,339 | ||||||
39 | Target Corp. | 7,066 | ||||||
|
| |||||||
12,405 | ||||||||
|
| |||||||
Oil, Gas & Consumable Fuels — 1.1% |
| |||||||
962 | Apache Corp. | 13,737 | ||||||
158 | ConocoPhillips | 6,325 | ||||||
92 | Devon Energy Corp. | 1,514 | ||||||
175 | Diamondback Energy, Inc. | 9,921 | ||||||
411 | EOG Resources, Inc. | 20,945 | ||||||
131 | EQT Corp. | 2,137 | ||||||
103 | Kinder Morgan, Inc. | 1,450 | ||||||
391 | Marathon Oil Corp. | 2,831 | ||||||
76 | ONEOK, Inc. | 3,027 | ||||||
401 | Southwestern Energy Co.(a) | 1,512 | ||||||
54 | Valero Energy Corp. | 3,047 | ||||||
67 | World Fuel Services Corp. | 2,049 | ||||||
|
| |||||||
68,495 | ||||||||
|
| |||||||
Paper & Forest Products — 0.1% |
| |||||||
103 | Louisiana-Pacific Corp. | 3,915 | ||||||
|
| |||||||
Personal Products — 0.0% |
| |||||||
3 | Estee Lauder Cos., Inc. (The), Class A | 710 | ||||||
|
| |||||||
Pharmaceuticals — 1.5% |
| |||||||
65 | Bristol-Myers Squibb Co. | 3,993 | ||||||
21 | Eli Lilly & Co. | 4,367 | ||||||
34 | Jazz Pharmaceuticals PLC(a) | 5,287 | ||||||
218 | Merck & Co., Inc. | 16,801 | ||||||
286 | Novartis AG, Sponsored ADR | 25,874 | ||||||
107 | Novo Nordisk A/S, Sponsored ADR | 7,447 | ||||||
30 | Perrigo Co. PLC | 1,281 | ||||||
150 | Pfizer, Inc. | 5,385 | ||||||
497 | Roche Holding AG, Sponsored ADR | 21,575 | ||||||
6 | Zoetis, Inc. | 926 | ||||||
|
| |||||||
92,936 | ||||||||
|
| |||||||
Professional Services — 0.2% |
| |||||||
62 | Exponent, Inc. | $ | 5,120 | |||||
12 | IHS Markit Ltd. | 1,045 | ||||||
21 | Insperity, Inc. | 1,648 | ||||||
57 | Korn Ferry | 2,599 | ||||||
38 | ManpowerGroup, Inc. | 3,361 | ||||||
38 | Nielsen Holdings PLC | 849 | ||||||
|
| |||||||
14,622 | ||||||||
|
| |||||||
Real Estate Management & Development — 0.2% |
| |||||||
135 | CBRE Group, Inc., Class A(a) | 8,232 | ||||||
32 | Jones Lang LaSalle, Inc.(a) | 4,679 | ||||||
|
| |||||||
12,911 | ||||||||
|
| |||||||
REITs – Apartments — 0.2% |
| |||||||
113 | American Campus Communities, Inc. | 4,651 | ||||||
75 | Camden Property Trust | 7,661 | ||||||
25 | Equity Residential | 1,541 | ||||||
|
| |||||||
13,853 | ||||||||
|
| |||||||
REITs – Diversified — 0.2% |
| |||||||
38 | American Tower Corp. | 8,640 | ||||||
6 | Crown Castle International Corp. | 955 | ||||||
51 | Weyerhaeuser Co. | 1,591 | ||||||
|
| |||||||
11,186 | ||||||||
|
| |||||||
REITs – Health Care — 0.0% |
| |||||||
35 | Ventas, Inc. | 1,612 | ||||||
18 | Welltower, Inc. | 1,091 | ||||||
|
| |||||||
2,703 | ||||||||
|
| |||||||
REITs – Hotels — 0.1% |
| |||||||
114 | Host Hotels & Resorts, Inc. | 1,545 | ||||||
331 | Park Hotels & Resorts, Inc. | 5,521 | ||||||
|
| |||||||
7,066 | ||||||||
|
| |||||||
REITs – Mortgage — 0.2% |
| |||||||
171 | Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 10,115 | ||||||
|
| |||||||
REITs – Office Property — 0.3% |
| |||||||
8 | Boston Properties, Inc. | 730 | ||||||
155 | Corporate Office Properties Trust | 4,072 | ||||||
192 | Douglas Emmett, Inc. | 5,320 | ||||||
255 | Easterly Government Properties, Inc. | 5,597 | ||||||
85 | Kilroy Realty Corp. | 4,814 | ||||||
|
| |||||||
20,533 | ||||||||
|
| |||||||
REITs – Shopping Centers — 0.1% |
| |||||||
455 | Brixmor Property Group, Inc. | 7,703 | ||||||
|
| |||||||
REITs – Storage — 0.0% |
| |||||||
27 | Iron Mountain, Inc. | 909 | ||||||
|
| |||||||
REITs – Warehouse/Industrials — 0.2% |
| |||||||
55 | CyrusOne, Inc. | 4,012 | ||||||
65 | ProLogis, Inc. | 6,708 | ||||||
|
| |||||||
10,720 | ||||||||
|
| |||||||
Road & Rail — 0.3% |
| |||||||
30 | CSX Corp. | 2,572 | ||||||
35 | Norfolk Southern Corp. | 8,282 | ||||||
44 | Ryder System, Inc. | 2,754 | ||||||
23 | Union Pacific Corp. | 4,542 | ||||||
|
| |||||||
18,150 | ||||||||
|
| |||||||
Semiconductors & Semiconductor Equipment — 2.9% |
| |||||||
40 | Advanced Micro Devices, Inc.(a) | 3,426 | ||||||
15 | Analog Devices, Inc. | 2,210 | ||||||
35 | Applied Materials, Inc. | 3,384 | ||||||
65 | Cirrus Logic, Inc.(a) | 6,090 | ||||||
119 | Cree, Inc.(a) | 12,028 |
See accompanying notes to financial statements.
| 68
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2045 Fund – (continued)
Shares | Description | Value (†) | ||||||
Semiconductors & Semiconductor Equipment — continued |
| |||||||
41 | Enphase Energy, Inc.(a) | $ | 7,476 | |||||
149 | First Solar, Inc.(a) | 14,773 | ||||||
78 | Ichor Holdings Ltd.(a) | 2,816 | ||||||
168 | Intel Corp. | 9,326 | ||||||
7 | Lam Research Corp. | 3,388 | ||||||
15 | Micron Technology, Inc.(a) | 1,174 | ||||||
119 | NVIDIA Corp. | 61,831 | ||||||
204 | QUALCOMM, Inc. | 31,881 | ||||||
50 | Silicon Laboratories, Inc.(a) | 6,558 | ||||||
66 | Texas Instruments, Inc. | 10,936 | ||||||
27 | Universal Display Corp. | 6,232 | ||||||
8 | Xilinx, Inc. | 1,045 | ||||||
|
| |||||||
184,574 | ||||||||
|
| |||||||
Software — 4.2% |
| |||||||
32 | Adobe, Inc.(a) | 14,680 | ||||||
32 | ANSYS, Inc.(a) | 11,340 | ||||||
163 | Autodesk, Inc.(a) | 45,221 | ||||||
36 | Blackbaud, Inc. | 2,394 | ||||||
47 | Bottomline Technologies, Inc.(a) | 2,246 | ||||||
8 | Citrix Systems, Inc. | 1,066 | ||||||
17 | Fair Isaac Corp.(a) | 7,652 | ||||||
205 | Microsoft Corp. | 47,552 | ||||||
42 | NortonLifeLock, Inc. | 885 | ||||||
633 | Oracle Corp. | 38,252 | ||||||
32 | Paylocity Holding Corp.(a) | 5,999 | ||||||
46 | PTC, Inc.(a) | 6,114 | ||||||
31 | Qualys, Inc.(a) | 4,292 | ||||||
155 | salesforce.com, Inc.(a) | 34,962 | ||||||
53 | SPS Commerce, Inc.(a) | 5,241 | ||||||
162 | Workday, Inc., Class A(a) | 36,860 | ||||||
|
| |||||||
264,756 | ||||||||
|
| |||||||
Specialty Retail — 1.0% |
| |||||||
104 | American Eagle Outfitters, Inc. | 2,360 | ||||||
42 | Asbury Automotive Group, Inc.(a) | 5,990 | ||||||
3 | AutoZone, Inc.(a) | 3,355 | ||||||
24 | Best Buy Co., Inc. | 2,612 | ||||||
19 | Five Below, Inc.(a) | 3,339 | ||||||
54 | Gap, Inc. (The)(a) | 1,093 | ||||||
71 | Home Depot, Inc. (The) | 19,228 | ||||||
30 | Lithia Motors, Inc., Class A | 9,560 | ||||||
14 | Lowe’s Cos., Inc. | 2,336 | ||||||
29 | Monro, Inc. | 1,696 | ||||||
13 | TJX Cos., Inc. (The) | 832 | ||||||
7 | Ulta Beauty, Inc.(a) | 1,958 | ||||||
42 | Williams-Sonoma, Inc. | 5,415 | ||||||
|
| |||||||
59,774 | ||||||||
|
| |||||||
Technology Hardware, Storage & Peripherals — 0.5% |
| |||||||
1,069 | Hewlett Packard Enterprise Co. | 13,192 | ||||||
660 | HP, Inc. | 16,064 | ||||||
96 | NCR Corp.(a) | 3,203 | ||||||
18 | Seagate Technology PLC | 1,190 | ||||||
|
| |||||||
33,649 | ||||||||
|
| |||||||
Textiles, Apparel & Luxury Goods — 0.5% |
| |||||||
25 | Deckers Outdoor Corp.(a) | 7,300 | ||||||
877 | Under Armour, Inc., Class A(a) | 15,347 | ||||||
63 | VF Corp. | 4,843 | ||||||
88 | Wolverine World Wide, Inc. | 2,520 | ||||||
|
| |||||||
30,010 | ||||||||
|
| |||||||
Thrifts & Mortgage Finance — 0.1% |
| |||||||
140 | Mr. Cooper Group, Inc.(a) | 3,812 | ||||||
338 | New York Community Bancorp, Inc. | 3,536 | ||||||
|
| |||||||
7,348 | ||||||||
|
| |||||||
Trading Companies & Distributors — 0.0% |
| |||||||
28 | GATX Corp. | $ | 2,598 | |||||
|
| |||||||
Water Utilities — 0.3% |
| |||||||
40 | American Water Works Co., Inc. | 6,361 | ||||||
250 | Essential Utilities, Inc. | 11,575 | ||||||
|
| |||||||
17,936 | ||||||||
|
| |||||||
Wireless Telecommunication Services — 0.2% |
| |||||||
64 | Shenandoah Telecommunications Co. | 2,488 | ||||||
67 | T-Mobile US, Inc.(a) | 8,447 | ||||||
|
| |||||||
10,935 | ||||||||
|
| |||||||
Total Common Stocks (Identified Cost $3,120,109) | 3,572,091 | |||||||
|
| |||||||
Principal Amount | ||||||||
Bonds and Notes — 3.7% | ||||||||
Automotive — 0.1% | ||||||||
$ | 2,000 | General Motors Financial Co., Inc., 4.350%, 1/17/2027 | 2,291 | |||||
|
| |||||||
Banking — 0.6% |
| |||||||
2,000 | American Express Co., 3.700%, 8/03/2023 | 2,159 | ||||||
2,000 | Bank of America Corp., (fixed rate to 1/20/2022, variable rate thereafter), MTN, 3.124%, 1/20/2023 | 2,052 | ||||||
2,000 | Bank of Montreal, MTN, 1.900%, 8/27/2021 | 2,020 | ||||||
2,000 | Bank of New York Mellon Corp. (The), Series 12, MTN, 3.650%, 2/04/2024 | 2,187 | ||||||
2,000 | BNP Paribas S.A., MTN, 3.250%, 3/03/2023 | 2,125 | ||||||
2,000 | Capital One Financial Corp., 3.300%, 10/30/2024 | 2,181 | ||||||
2,000 | Citigroup, Inc., 4.600%, 3/09/2026 | 2,320 | ||||||
1,000 | Cooperatieve Rabobank UA, 3.875%, 2/08/2022 | 1,037 | ||||||
1,000 | Deutsche Bank AG, GMTN, 3.375%, 5/12/2021 | 1,008 | ||||||
2,000 | Goldman Sachs Group, Inc. (The), 3.750%, 5/22/2025 | 2,227 | ||||||
2,000 | JPMorgan Chase & Co., (fixed rate to 3/01/2024, variable rate thereafter), 3.220%, 3/01/2025 | 2,155 | ||||||
2,000 | KeyCorp, MTN, 2.550%, 10/01/2029 | 2,133 | ||||||
2,000 | Morgan Stanley, Series F, 3.875%, 4/29/2024 | 2,208 | ||||||
2,000 | PNC Financial Services Group, Inc. (The), 2.600%, 7/23/2026 | 2,182 | ||||||
2,000 | Royal Bank of Canada, GMTN, 2.550%, 7/16/2024 | 2,137 | ||||||
2,000 | Santander Holdings USA, Inc., 3.500%, 6/07/2024 | 2,162 | ||||||
2,000 | Truist Bank, 3.200%, 4/01/2024 | 2,168 | ||||||
2,000 | Wells Fargo & Co., MTN, 3.000%, 2/19/2025 | 2,163 | ||||||
3,000 | Westpac Banking Corp., 2.350%, 2/19/2025 | 3,204 | ||||||
|
| |||||||
39,828 | ||||||||
|
| |||||||
Brokerage — 0.1% | ||||||||
2,000 | BlackRock, Inc., 2.400%, 4/30/2030 | 2,149 | ||||||
2,000 | Intercontinental Exchange, Inc., 3.000%, 6/15/2050 | 2,047 | ||||||
|
| |||||||
4,196 | ||||||||
|
| |||||||
Cable Satellite — 0.0% | ||||||||
2,000 | Comcast Corp., 3.000%, 2/01/2024 | 2,150 | ||||||
|
| |||||||
Construction Machinery — 0.1% | ||||||||
3,000 | Caterpillar Financial Services Corp., 0.650%, 7/07/2023 | 3,023 | ||||||
1,000 | John Deere Capital Corp., MTN, 2.650%, 1/06/2022 | 1,022 | ||||||
|
| |||||||
4,045 | ||||||||
|
| |||||||
Consumer Cyclical Services — 0.1% | ||||||||
2,000 | Amazon.com, Inc., 3.875%, 8/22/2037 | 2,434 | ||||||
2,000 | eBay, Inc., 3.800%, 3/09/2022 | 2,070 | ||||||
|
| |||||||
4,504 | ||||||||
|
| |||||||
Electric — 0.1% | ||||||||
2,000 | Duke Energy Corp., 3.750%, 4/15/2024 | 2,185 | ||||||
2,000 | Entergy Corp., 0.900%, 9/15/2025 | 1,996 |
See accompanying notes to financial statements.
69 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2045 Fund – (continued)
Principal Amount | Description | Value (†) | ||||||
Electric — continued | ||||||||
$ | 2,000 | NextEra Energy Capital Holdings, Inc., 2.250%, 6/01/2030 | $ | 2,070 | ||||
2,000 | Virginia Electric & Power Co., Series A, 3.150%, 1/15/2026 | 2,205 | ||||||
|
| |||||||
8,456 | ||||||||
|
| |||||||
Finance Companies — 0.0% | ||||||||
2,000 | Ares Capital Corp., 3.250%, 7/15/2025 | 2,115 | ||||||
|
| |||||||
Financial Other — 0.0% | ||||||||
2,000 | ORIX Corp., 2.900%, 7/18/2022 | 2,069 | ||||||
|
| |||||||
Food & Beverage — 0.1% | ||||||||
2,000 | Coca-Cola Co. (The), 1.450%, 6/01/2027 | 2,048 | ||||||
2,000 | General Mills, Inc., 4.000%, 4/17/2025 | 2,253 | ||||||
2,000 | Mondelez International, Inc., 2.750%, 4/13/2030 | 2,162 | ||||||
|
| |||||||
6,463 | ||||||||
|
| |||||||
Government Owned – No Guarantee — 0.1% | ||||||||
3,000 | Federal National Mortgage Association, 6.625%, 11/15/2030 | 4,493 | ||||||
|
| |||||||
Health Insurance — 0.1% | ||||||||
2,000 | Anthem, Inc., 4.101%, 3/01/2028 | 2,338 | ||||||
2,000 | UnitedHealth Group, Inc., 5.800%, 3/15/2036 | 2,901 | ||||||
|
| |||||||
5,239 | ||||||||
|
| |||||||
Healthcare — 0.2% | ||||||||
2,000 | Cigna Corp., 3.750%, 7/15/2023 | 2,158 | ||||||
2,000 | CVS Health Corp., 4.300%, 3/25/2028 | 2,349 | ||||||
2,000 | DH Europe Finance II S.a.r.l., 2.200%, 11/15/2024 | 2,120 | ||||||
2,000 | McKesson Corp., 3.950%, 2/16/2028 | 2,310 | ||||||
|
| |||||||
8,937 | ||||||||
|
| |||||||
Independent Energy — 0.0% | ||||||||
2,000 | EQT Corp., 3.000%, 10/01/2022 | 2,031 | ||||||
|
| |||||||
Integrated Energy — 0.1% | ||||||||
2,000 | BP Capital Markets PLC, 3.814%, 2/10/2024 | 2,190 | ||||||
2,000 | Exxon Mobil Corp., 2.992%, 3/19/2025 | 2,174 | ||||||
2,000 | Shell International Finance BV, 6.375%, 12/15/2038 | 3,028 | ||||||
|
| |||||||
7,392 | ||||||||
|
| |||||||
Life Insurance — 0.0% | ||||||||
1,000 | Brighthouse Financial, Inc., 3.700%, 6/22/2027 | 1,102 | ||||||
|
| |||||||
Midstream — 0.1% | ||||||||
2,000 | Energy Transfer Operating LP, 4.050%, 3/15/2025 | 2,182 | ||||||
2,000 | Kinder Morgan Energy Partners LP, 4.150%, 2/01/2024 | 2,183 | ||||||
|
| |||||||
4,365 | ||||||||
|
| |||||||
Mortgage Related — 0.5% | ||||||||
762 | FHLMC, 3.000%, 6/01/2049 | 802 | ||||||
10,000 | FNMA, 2.500%, 2/01/2051 | 10,533 | ||||||
7,735 | FNMA, 3.000%, with various maturities from 2034 to 2049(b) | 8,142 | ||||||
4,889 | FNMA, 3.500%, with various maturities in 2049(b) | 5,195 | ||||||
1,267 | FNMA, 4.000%, 3/01/2050 | 1,357 | ||||||
1,313 | FNMA, 4.500%, with various maturities in 2049(b) | 1,426 | ||||||
|
| |||||||
27,455 | ||||||||
|
| |||||||
Natural Gas — 0.0% | ||||||||
2,000 | NiSource, Inc., 0.950%, 8/15/2025 | 2,002 | ||||||
|
| |||||||
Oil Field Services — 0.0% | ||||||||
2,000 | Baker Hughes a GE Co. LLC/Baker Hughes Co-Obligor, Inc., 2.773%, 12/15/2022 | 2,083 | ||||||
|
| |||||||
Pharmaceuticals — 0.1% | ||||||||
2,000 | AbbVie, Inc., 3.600%, 5/14/2025 | 2,217 | ||||||
2,000 | Amgen, Inc., 2.650%, 5/11/2022 | 2,057 | ||||||
Pharmaceuticals — continued | ||||||||
2,000 | Johnson & Johnson, 1.300%, 9/01/2030 | 1,973 | ||||||
|
| |||||||
6,247 | ||||||||
|
| |||||||
Property & Casualty Insurance — 0.0% |
| |||||||
2,000 | American International Group, Inc., 3.400%, 6/30/2030 | 2,232 | ||||||
|
| |||||||
Railroads — 0.0% |
| |||||||
2,000 | CSX Corp., 2.600%, 11/01/2026 | 2,177 | ||||||
|
| |||||||
REITs – Office Property — 0.0% |
| |||||||
1,000 | Boston Properties LP, 2.750%, 10/01/2026 | 1,083 | ||||||
|
| |||||||
Restaurants — 0.0% |
| |||||||
2,000 | Starbucks Corp., 2.250%, 3/12/2030 | 2,083 | ||||||
|
| |||||||
Technology — 0.2% |
| |||||||
2,000 | Apple, Inc., 2.500%, 2/09/2025 | 2,151 | ||||||
2,000 | Intel Corp., 2.450%, 11/15/2029 | 2,141 | ||||||
2,000 | International Business Machines Corp., 4.000%, 6/20/2042 | 2,392 | ||||||
2,000 | Oracle Corp., 2.950%, 5/15/2025 | 2,175 | ||||||
3,000 | QUALCOMM, Inc., 1.650%, 5/20/2032 | 2,956 | ||||||
2,000 | VMware, Inc., 2.950%, 8/21/2022 | 2,072 | ||||||
|
| |||||||
13,887 | ||||||||
|
| |||||||
Treasuries — 1.0% |
| |||||||
2,000 | U.S. Treasury Bond, 2.500%, 5/15/2046 | 2,295 | ||||||
6,000 | U.S. Treasury Bond, 2.875%, 11/15/2046 | 7,367 | ||||||
6,000 | U.S. Treasury Bond, 3.000%, 5/15/2045 | 7,491 | ||||||
2,000 | U.S. Treasury Bond, 3.000%, 2/15/2048 | 2,521 | ||||||
5,000 | U.S. Treasury Bond, 3.000%, 2/15/2049 | 6,330 | ||||||
1,000 | U.S. Treasury Bond, 4.250%, 11/15/2040 | 1,455 | ||||||
2,000 | U.S. Treasury Bond, 4.375%, 5/15/2041 | 2,966 | ||||||
1,000 | U.S. Treasury Bond, 4.500%, 2/15/2036 | 1,432 | ||||||
6,000 | U.S. Treasury Note, 0.375%, 11/30/2025 | 5,991 | ||||||
6,000 | U.S. Treasury Note, 1.125%, 9/30/2021 | 6,042 | ||||||
9,000 | U.S. Treasury Note, 1.625%, 8/31/2022 | 9,214 | ||||||
9,000 | U.S. Treasury Note, 2.125%, 12/31/2022 | 9,344 | ||||||
|
| |||||||
62,448 | ||||||||
|
| |||||||
Wireless — 0.1% |
| |||||||
2,000 | Vodafone Group PLC, 6.150%, 2/27/2037 | 2,793 | ||||||
|
| |||||||
Wirelines — 0.0% |
| |||||||
2,000 | Verizon Communications, Inc., 3-month LIBOR + 1.100%, 1.321%, 5/15/2025(c) | 2,058 | ||||||
|
| |||||||
Total Bonds and Notes (Identified Cost $231,308) | 236,224 | |||||||
|
| |||||||
Shares | ||||||||
Exchange-Traded Funds — 8.5% | ||||||||
7,378 | iShares® ESG Aware MSCI EAFE ETF (Identified Cost $481,976) | 533,724 | ||||||
|
| |||||||
Affiliated Mutual Funds — 26.9% | ||||||||
11,054 | Loomis Sayles Inflation Protected Securities Fund, Class N | 132,533 | ||||||
8,634 | Loomis Sayles Limited Term Government and Agency Fund, Class N | 99,640 | ||||||
9,254 | Mirova Global Green Bond Fund, Class N | 99,388 | ||||||
39,261 | Mirova International Sustainable Equity Fund, Class N | 534,741 | ||||||
14,106 | WCM Focused Emerging Markets Fund, Institutional Class | 282,960 | ||||||
21,847 | WCM Focused International Growth Fund, Institutional Class | 538,318 | ||||||
|
| |||||||
Total Affiliated Mutual Funds (Identified Cost $1,529,915) | 1,687,580 | |||||||
|
|
See accompanying notes to financial statements.
| 70
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2045 Fund – (continued)
Principal Amount | Description | Value (†) | ||||||
Short-Term Investments — 4.7% | ||||||||
$ | 292,909 | Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 1/29/2021 at 0.000% to be repurchased at $292,909 on 2/01/2021 collateralized by $59,600 U.S. Treasury Note, 2.750% due 5/31/2023 valued at $63,481; $211,100 U.S. Treasury Note, 2.750% due 4/30/2023 valued at $224,904; $10,400 U.S. Treasury Note, 1.625% due 4/30/2023 valued at $10,788 including accrued interest (Note 2 of Notes to Financial Statements) (Identified Cost $292,909) | $ | 292,909 | ||||
|
| |||||||
Total Investments — 100.6% (Identified Cost $5,656,217) | 6,322,528 | |||||||
Other assets less liabilities — (0.6)% | (39,656 | ) | ||||||
|
| |||||||
Net Assets — 100.0% | $ | 6,282,872 | ||||||
|
| |||||||
(†) | See Note 2 of Notes to Financial Statements. |
| ||||||
(a) | Non-income producing security. |
| ||||||
(b) | The Fund’s investment in mortgage related securities of Federal National Mortgage Association are interests in separate pools of mortgages. All separate investments in securities of each issuer which have the same coupon rate have been aggregated for the purpose of presentation in the Portfolio of Investments. |
| ||||||
(c) | Variable rate security. Rate as of January 31, 2021 is disclosed. |
| ||||||
ADR | An American Depositary Receipt is a certificate issued by a custodian bank representing the right to receive securities of the foreign issuer described. The values of ADRs may be significantly influenced by trading on exchanges not located in the United States. |
| ||||||
ETF | Exchange-Traded Fund |
| ||||||
FHLMC | Federal Home Loan Mortgage Corp. |
| ||||||
FNMA | Federal National Mortgage Association |
| ||||||
GMTN | Global Medium Term Note |
| ||||||
LIBOR | London Interbank Offered Rate |
| ||||||
MTN | Medium Term Note |
| ||||||
REITs | Real Estate Investment Trusts |
|
Asset Allocation Summary at January 31, 2021
Equity | 86.9 | % | ||
Fixed Income | 9.0 | |||
Short-Term Investments | 4.7 | |||
|
| |||
Total Investments | 100.6 | |||
Other assets less liabilities | (0.6 | ) | ||
|
| |||
Net Assets | 100.0 | % | ||
|
|
See accompanying notes to financial statements.
71 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2050 Fund
Shares | Description | Value (†) | ||||||
Common Stocks — 58.7% of Net Assets | ||||||||
Aerospace & Defense — 0.9% |
| |||||||
22 | Axon Enterprise, Inc.(a) | $ | 3,611 | |||||
141 | Boeing Co. (The) | 27,381 | ||||||
57 | General Dynamics Corp. | 8,361 | ||||||
5 | L3Harris Technologies, Inc. | 858 | ||||||
29 | Moog, Inc., Class A | 2,142 | ||||||
71 | Raytheon Technologies Corp. | 4,738 | ||||||
|
| |||||||
47,091 | ||||||||
|
| |||||||
Air Freight & Logistics — 0.5% |
| |||||||
237 | Expeditors International of Washington, Inc. | 21,216 | ||||||
39 | United Parcel Service, Inc., Class B | 6,045 | ||||||
|
| |||||||
27,261 | ||||||||
|
| |||||||
Airlines — 0.1% |
| |||||||
15 | Alaska Air Group, Inc. | 732 | ||||||
52 | Delta Air Lines, Inc. | 1,974 | ||||||
320 | JetBlue Airways Corp.(a) | 4,589 | ||||||
|
| |||||||
7,295 | ||||||||
|
| |||||||
Auto Components — 0.5% |
| |||||||
106 | Aptiv PLC | 14,161 | ||||||
17 | BorgWarner, Inc. | 714 | ||||||
216 | Dana, Inc. | 4,182 | ||||||
29 | Visteon Corp.(a) | 3,697 | ||||||
|
| |||||||
22,754 | ||||||||
|
| |||||||
Automobiles — 0.5% |
| |||||||
404 | General Motors Co. | 20,475 | ||||||
30 | Thor Industries, Inc. | 3,630 | ||||||
|
| |||||||
24,105 | ||||||||
|
| |||||||
Banks — 2.8% |
| |||||||
83 | Ameris Bancorp | 3,246 | ||||||
149 | BancorpSouth Bank | 4,120 | ||||||
728 | Bank of America Corp. | 21,585 | ||||||
360 | Citigroup, Inc. | 20,876 | ||||||
125 | Citizens Financial Group, Inc. | 4,555 | ||||||
114 | Columbia Banking System, Inc. | 4,391 | ||||||
10 | Comerica, Inc. | 572 | ||||||
70 | Cullen/Frost Bankers, Inc. | 6,457 | ||||||
46 | Fifth Third Bancorp | 1,331 | ||||||
261 | Fulton Financial Corp. | 3,497 | ||||||
67 | Huntington Bancshares, Inc. | 886 | ||||||
133 | International Bancshares Corp. | 5,029 | ||||||
184 | KeyCorp | 3,102 | ||||||
31 | M&T Bank Corp. | 4,107 | ||||||
179 | People’s United Financial, Inc. | 2,445 | ||||||
76 | PNC Financial Services Group, Inc. (The) | 10,908 | ||||||
188 | Regions Financial Corp. | 3,198 | ||||||
121 | TCF Financial Corp. | 4,702 | ||||||
215 | Truist Financial Corp. | 10,316 | ||||||
205 | Trustmark Corp. | 5,631 | ||||||
90 | U.S. Bancorp | 3,857 | ||||||
365 | Wells Fargo & Co. | 10,906 | ||||||
55 | Wintrust Financial Corp. | 3,310 | ||||||
|
| |||||||
139,027 | ||||||||
|
| |||||||
Beverages — 1.5% |
| |||||||
186 | Coca-Cola Co. (The) | 8,956 | ||||||
77 | Constellation Brands, Inc., Class A | 16,242 | ||||||
312 | Keurig Dr Pepper, Inc. | 9,921 | ||||||
373 | Monster Beverage Corp.(a) | 32,387 | ||||||
68 | PepsiCo, Inc. | 9,287 | ||||||
|
| |||||||
76,793 | ||||||||
|
| |||||||
Biotechnology — 1.3% |
| |||||||
40 | AbbVie, Inc. | $ | 4,099 | |||||
42 | Amgen, Inc. | 10,140 | ||||||
13 | Biogen, Inc.(a) | 3,674 | ||||||
96 | BioMarin Pharmaceutical, Inc.(a) | 7,947 | ||||||
111 | Gilead Sciences, Inc. | 7,282 | ||||||
20 | Ligand Pharmaceuticals, Inc.(a) | 3,707 | ||||||
56 | Regeneron Pharmaceuticals, Inc.(a) | 28,215 | ||||||
|
| |||||||
65,064 | ||||||||
|
| |||||||
Building Products — 0.3% |
| |||||||
27 | Carrier Global Corp. | 1,040 | ||||||
25 | Johnson Controls International PLC | 1,246 | ||||||
21 | Lennox International, Inc. | 5,785 | ||||||
64 | Owens Corning | 4,966 | ||||||
42 | Trex Co., Inc.(a) | 3,854 | ||||||
|
| |||||||
16,891 | ||||||||
|
| |||||||
Capital Markets — 3.6% |
| |||||||
12 | Ameriprise Financial, Inc. | 2,374 | ||||||
578 | Bank of New York Mellon Corp. (The) | 23,022 | ||||||
9 | BlackRock, Inc. | 6,311 | ||||||
437 | Charles Schwab Corp. (The) | 22,523 | ||||||
17 | CME Group, Inc. | 3,090 | ||||||
50 | FactSet Research Systems, Inc. | 15,117 | ||||||
68 | Franklin Resources, Inc. | 1,788 | ||||||
58 | Goldman Sachs Group, Inc. (The) | 15,728 | ||||||
31 | Intercontinental Exchange, Inc. | 3,421 | ||||||
19 | Invesco Ltd. | 391 | ||||||
107 | Janus Henderson Group PLC | 3,291 | ||||||
130 | KKR & Co., Inc. | 5,063 | ||||||
26 | Moody’s Corp. | 6,923 | ||||||
11 | Morgan Stanley | 738 | ||||||
28 | MSCI, Inc. | 11,068 | ||||||
108 | Northern Trust Corp. | 9,633 | ||||||
36 | S&P Global, Inc. | 11,412 | ||||||
206 | SEI Investments Co. | 10,887 | ||||||
395 | State Street Corp. | 27,650 | ||||||
7 | T. Rowe Price Group, Inc. | 1,095 | ||||||
|
| |||||||
181,525 | ||||||||
|
| |||||||
Chemicals — 0.7% |
| |||||||
8 | Air Products & Chemicals, Inc. | 2,134 | ||||||
22 | DuPont de Nemours, Inc. | 1,748 | ||||||
9 | Ecolab, Inc. | 1,841 | ||||||
58 | HB Fuller Co. | 2,952 | ||||||
41 | Innospec, Inc. | 3,599 | ||||||
48 | Linde PLC | 11,779 | ||||||
49 | Minerals Technologies, Inc. | 3,020 | ||||||
7 | PPG Industries, Inc. | 943 | ||||||
3 | Sherwin-Williams Co. (The) | 2,075 | ||||||
26 | Stepan Co. | 2,930 | ||||||
|
| |||||||
33,021 | ||||||||
|
| |||||||
Commercial Services & Supplies — 0.3% |
| |||||||
47 | Healthcare Services Group, Inc. | 1,524 | ||||||
29 | MSA Safety, Inc. | 4,527 | ||||||
9 | Republic Services, Inc. | 815 | ||||||
43 | Tetra Tech, Inc. | 5,227 | ||||||
12 | Waste Management, Inc. | 1,336 | ||||||
|
| |||||||
13,429 | ||||||||
|
| |||||||
Communications Equipment — 0.7% |
| |||||||
30 | Arista Networks, Inc.(a) | 9,227 | ||||||
70 | Ciena Corp.(a) | 3,737 | ||||||
375 | Cisco Systems, Inc. | 16,717 | ||||||
7 | F5 Networks, Inc.(a) | 1,372 | ||||||
39 | Lumentum Holdings, Inc.(a) | 3,658 | ||||||
|
| |||||||
34,711 | ||||||||
|
|
See accompanying notes to financial statements.
| 72
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2050 Fund – (continued)
Shares | Description | Value (†) | ||||||
Construction & Engineering — 0.2% |
| |||||||
134 | AECOM(a) | $ | 6,713 | |||||
164 | Fluor Corp. | 2,836 | ||||||
|
| |||||||
9,549 | ||||||||
|
| |||||||
Consumer Finance — 1.4% |
| |||||||
700 | Ally Financial, Inc. | 26,488 | ||||||
150 | American Express Co. | 17,439 | ||||||
238 | Capital One Financial Corp. | 24,814 | ||||||
34 | Green Dot Corp., Class A(a) | 1,708 | ||||||
31 | PROG Holdings, Inc. | 1,462 | ||||||
|
| |||||||
71,911 | ||||||||
|
| |||||||
Containers & Packaging — 0.2% |
| |||||||
56 | Ball Corp. | 4,929 | ||||||
38 | International Paper Co. | 1,912 | ||||||
192 | O-I Glass, Inc. | 2,427 | ||||||
|
| |||||||
9,268 | ||||||||
|
| |||||||
Distributors — 0.1% |
| |||||||
36 | Genuine Parts Co. | 3,380 | ||||||
|
| |||||||
Diversified Telecommunication Services — 0.3% |
| |||||||
138 | AT&T, Inc. | 3,951 | ||||||
873 | Lumen Technologies, Inc. | 10,808 | ||||||
|
| |||||||
14,759 | ||||||||
|
| |||||||
Electric Utilities — 0.8% |
| |||||||
115 | American Electric Power Co., Inc. | 9,305 | ||||||
163 | Edison International | 9,480 | ||||||
30 | Eversource Energy | 2,625 | ||||||
39 | IDACORP, Inc. | 3,444 | ||||||
150 | NextEra Energy, Inc. | 12,130 | ||||||
38 | PPL Corp. | 1,051 | ||||||
|
| |||||||
38,035 | ||||||||
|
| |||||||
Electrical Equipment — 0.7% |
| |||||||
13 | Acuity Brands, Inc. | 1,563 | ||||||
272 | Ballard Power Systems, Inc.(a) | 9,294 | ||||||
37 | Eaton Corp. PLC | 4,355 | ||||||
24 | Generac Holdings, Inc.(a) | 5,914 | ||||||
27 | Hubbell, Inc. | 4,201 | ||||||
25 | Rockwell Automation, Inc. | 6,214 | ||||||
44 | Sunrun, Inc.(a) | 3,048 | ||||||
|
| |||||||
34,589 | ||||||||
|
| |||||||
Electronic Equipment, Instruments & Components — 1.0% |
| |||||||
8 | Amphenol Corp., Class A | 999 | ||||||
68 | Avnet, Inc. | 2,401 | ||||||
76 | Cognex Corp. | 6,242 | ||||||
17 | Coherent, Inc.(a) | 3,414 | ||||||
37 | Corning, Inc. | 1,327 | ||||||
94 | Itron, Inc.(a) | 8,086 | ||||||
15 | Littelfuse, Inc. | 3,650 | ||||||
13 | Rogers Corp.(a) | 2,029 | ||||||
107 | TE Connectivity Ltd. | 12,883 | ||||||
90 | Trimble, Inc.(a) | 5,932 | ||||||
134 | Vishay Intertechnology, Inc. | 2,888 | ||||||
|
| |||||||
49,851 | ||||||||
|
| |||||||
Energy Equipment & Services — 0.4% |
| |||||||
568 | Archrock, Inc. | 5,038 | ||||||
116 | Baker Hughes Co. | 2,330 | ||||||
83 | NOV, Inc. | 1,028 | ||||||
531 | Schlumberger NV | 11,793 | ||||||
56 | TechnipFMC PLC | 599 | ||||||
|
| |||||||
20,788 | ||||||||
|
| |||||||
Entertainment — 1.3% |
| |||||||
32 | Activision Blizzard, Inc. | $ | 2,912 | |||||
64 | Cinemark Holdings, Inc. | 1,295 | ||||||
51 | Electronic Arts, Inc. | 7,303 | ||||||
27 | Netflix, Inc.(a) | 14,375 | ||||||
237 | Walt Disney Co. (The)(a) | 39,856 | ||||||
|
| |||||||
65,741 | ||||||||
|
| |||||||
Food & Staples Retailing — 0.2% |
| |||||||
53 | BJ’s Wholesale Club Holdings, Inc.(a) | 2,230 | ||||||
58 | Kroger Co. (The) | 2,001 | ||||||
181 | SpartanNash Co. | 3,352 | ||||||
13 | Sysco Corp. | 930 | ||||||
50 | Walgreens Boots Alliance, Inc. | 2,512 | ||||||
|
| |||||||
11,025 | ||||||||
|
| |||||||
Food Products — 0.5% |
| |||||||
65 | Campbell Soup Co. | 3,127 | ||||||
25 | Conagra Brands, Inc. | 865 | ||||||
71 | Darling Ingredients, Inc.(a) | 4,403 | ||||||
48 | General Mills, Inc. | 2,789 | ||||||
71 | Hain Celestial Group, Inc. (The)(a) | 2,953 | ||||||
65 | Hormel Foods Corp. | 3,046 | ||||||
36 | Ingredion, Inc. | 2,717 | ||||||
11 | J.M. Smucker Co. (The) | 1,280 | ||||||
21 | Kellogg Co. | 1,238 | ||||||
10 | McCormick & Co., Inc. | 895 | ||||||
|
| |||||||
23,313 | ||||||||
|
| |||||||
Gas Utilities — 0.2% |
| |||||||
80 | New Jersey Resources Corp. | 2,801 | ||||||
45 | ONE Gas, Inc. | 3,291 | ||||||
80 | South Jersey Industries, Inc. | 1,848 | ||||||
96 | UGI Corp. | 3,455 | ||||||
|
| |||||||
11,395 | ||||||||
|
| |||||||
Health Care Equipment & Supplies — 1.1% |
| |||||||
36 | Abbott Laboratories | 4,449 | ||||||
10 | Baxter International, Inc. | 768 | ||||||
5 | Becton Dickinson & Co. | 1,309 | ||||||
26 | Boston Scientific Corp.(a) | 921 | ||||||
7 | Cooper Cos., Inc. (The) | 2,548 | ||||||
12 | Danaher Corp. | 2,854 | ||||||
15 | DENTSPLY SIRONA, Inc. | 802 | ||||||
38 | Edwards Lifesciences Corp.(a) | 3,138 | ||||||
42 | Globus Medical, Inc., Class A(a) | 2,591 | ||||||
19 | Haemonetics Corp.(a) | 2,172 | ||||||
39 | Hill-Rom Holdings, Inc. | 3,746 | ||||||
20 | Hologic, Inc.(a) | 1,595 | ||||||
13 | Intuitive Surgical, Inc.(a) | 9,719 | ||||||
27 | Medtronic PLC | 3,006 | ||||||
89 | Meridian Bioscience, Inc.(a) | 1,967 | ||||||
28 | Merit Medical Systems, Inc.(a) | 1,516 | ||||||
21 | Penumbra, Inc.(a) | 5,483 | ||||||
11 | Quidel Corp.(a) | 2,761 | ||||||
6 | STERIS PLC | 1,123 | ||||||
6 | Stryker Corp. | 1,326 | ||||||
4 | Varian Medical Systems, Inc.(a) | 702 | ||||||
|
| |||||||
54,496 | ||||||||
|
| |||||||
Health Care Providers & Services — 2.1% |
| |||||||
14 | Amedisys, Inc.(a) | 4,022 | ||||||
19 | Anthem, Inc. | 5,643 | ||||||
28 | BioTelemetry, Inc.(a) | 2,001 | ||||||
118 | Centene Corp.(a) | 7,116 | ||||||
10 | Chemed Corp. | 5,179 | ||||||
23 | Cigna Corp. | 4,992 |
See accompanying notes to financial statements.
73 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2050 Fund – (continued)
Shares | Description | Value (†) | ||||||
Health Care Providers & Services — continued |
| |||||||
160 | CVS Health Corp. | $ | 11,464 | |||||
38 | Encompass Health Corp. | 3,055 | ||||||
130 | HCA Healthcare, Inc. | 21,123 | ||||||
24 | Henry Schein, Inc.(a) | 1,580 | ||||||
46 | Humana, Inc. | 17,623 | ||||||
21 | Laboratory Corp. of America Holdings(a) | 4,807 | ||||||
155 | MEDNAX, Inc.(a) | 4,227 | ||||||
65 | Patterson Cos., Inc. | 2,059 | ||||||
33 | Quest Diagnostics, Inc. | 4,262 | ||||||
21 | UnitedHealth Group, Inc. | 7,005 | ||||||
|
| |||||||
106,158 | ||||||||
|
| |||||||
Health Care Technology — 0.4% |
| |||||||
138 | Allscripts Healthcare Solutions, Inc.(a) | 2,277 | ||||||
184 | Cerner Corp. | 14,740 | ||||||
67 | HMS Holdings Corp.(a) | 2,467 | ||||||
|
| |||||||
19,484 | ||||||||
|
| |||||||
Hotels, Restaurants & Leisure — 1.7% |
| |||||||
3 | Chipotle Mexican Grill, Inc.(a) | 4,440 | ||||||
33 | Dine Brands Global, Inc. | 2,269 | ||||||
134 | Hilton Worldwide Holdings, Inc. | 13,586 | ||||||
46 | Jack in the Box, Inc. | 4,330 | ||||||
453 | MGM Resorts International | 12,938 | ||||||
15 | Royal Caribbean Cruises Ltd. | 975 | ||||||
52 | Shake Shack, Inc., Class A(a) | 5,898 | ||||||
198 | Starbucks Corp. | 19,168 | ||||||
150 | Wendy’s Co. (The) | 3,060 | ||||||
208 | Yum China Holdings, Inc. | 11,796 | ||||||
71 | Yum! Brands, Inc. | 7,206 | ||||||
|
| |||||||
85,666 | ||||||||
|
| |||||||
Household Durables — 0.4% |
| |||||||
120 | KB Home | 4,997 | ||||||
90 | Meritage Homes Corp.(a) | 7,223 | ||||||
11 | Mohawk Industries, Inc.(a) | 1,580 | ||||||
162 | Taylor Morrison Home Corp.(a) | 4,209 | ||||||
|
| |||||||
18,009 | ||||||||
|
| |||||||
Household Products — 0.6% |
| |||||||
7 | Clorox Co. (The) | 1,466 | ||||||
176 | Colgate-Palmolive Co. | 13,728 | ||||||
96 | Kimberly-Clark Corp. | 12,682 | ||||||
|
| |||||||
27,876 | ||||||||
|
| |||||||
Independent Power & Renewable Electricity Producers — 0.5% |
| |||||||
80 | AES Corp. (The) | 1,951 | ||||||
84 | Boralex, Inc., Class A | 3,289 | ||||||
131 | NextEra Energy Partners LP | 10,677 | ||||||
51 | Ormat Technologies, Inc. | 5,822 | ||||||
80 | Sunnova Energy International, Inc.(a) | 3,508 | ||||||
|
| |||||||
25,247 | ||||||||
|
| |||||||
Industrial Conglomerates — 0.4% |
| |||||||
21 | Carlisle Cos., Inc. | 3,044 | ||||||
1,355 | General Electric Co. | 14,471 | ||||||
6 | Honeywell International, Inc. | 1,172 | ||||||
|
| |||||||
18,687 | ||||||||
|
| |||||||
Insurance — 1.6% |
| |||||||
31 | Aflac, Inc. | 1,401 | ||||||
35 | Allstate Corp. (The) | 3,751 | ||||||
377 | American International Group, Inc. | 14,115 | ||||||
62 | Chubb Ltd. | 9,031 | ||||||
69 | First American Financial Corp. | 3,608 | ||||||
26 | Hanover Insurance Group, Inc. (The) | 2,924 | ||||||
96 | Hartford Financial Services Group, Inc. (The) | 4,610 | ||||||
Insurance — continued |
| |||||||
14 | Lincoln National Corp. | $ | 637 | |||||
38 | Marsh & McLennan Cos., Inc. | 4,176 | ||||||
224 | MetLife, Inc. | 10,786 | ||||||
57 | Prudential Financial, Inc. | 4,462 | ||||||
185 | Reinsurance Group of America, Inc. | 19,434 | ||||||
29 | Travelers Cos., Inc. (The) | 3,953 | ||||||
|
| |||||||
82,888 | ||||||||
|
| |||||||
Interactive Media & Services — 2.8% |
| |||||||
20 | Alphabet, Inc., Class A(a) | 36,547 | ||||||
24 | Alphabet, Inc., Class C(a) | 44,058 | ||||||
226 | Facebook, Inc., Class A(a) | 58,383 | ||||||
|
| |||||||
138,988 | ||||||||
|
| |||||||
Internet & Direct Marketing Retail — 2.7% |
| |||||||
149 | Alibaba Group Holding Ltd., Sponsored ADR(a) | 37,821 | ||||||
16 | Amazon.com, Inc.(a) | 51,299 | ||||||
9 | Booking Holdings, Inc.(a) | 17,499 | ||||||
394 | eBay, Inc. | 22,265 | ||||||
6 | Etsy, Inc.(a) | 1,194 | ||||||
7 | Expedia Group, Inc. | 869 | ||||||
520 | Qurate Retail, Inc., Class A | 6,552 | ||||||
|
| |||||||
137,499 | ||||||||
|
| |||||||
IT Services — 3.0% |
| |||||||
45 | Accenture PLC, Class A | 10,886 | ||||||
83 | Akamai Technologies, Inc.(a) | 9,216 | ||||||
118 | Automatic Data Processing, Inc. | 19,484 | ||||||
47 | Cognizant Technology Solutions Corp., Class A | 3,664 | ||||||
497 | DXC Technology Co. | 14,015 | ||||||
68 | Fiserv, Inc.(a) | 6,983 | ||||||
87 | Gartner, Inc.(a) | 13,216 | ||||||
65 | MasterCard, Inc., Class A | 20,559 | ||||||
21 | Paychex, Inc. | 1,834 | ||||||
187 | Sabre Corp. | 2,016 | ||||||
14 | VeriSign, Inc.(a) | 2,717 | ||||||
211 | Visa, Inc., Class A | 40,776 | ||||||
19 | WEX, Inc.(a) | 3,583 | ||||||
|
| |||||||
148,949 | ||||||||
|
| |||||||
Leisure Products — 0.0% |
| |||||||
84 | Callaway Golf Co. | 2,343 | ||||||
|
| |||||||
Life Sciences Tools & Services — 0.9% |
| |||||||
20 | Agilent Technologies, Inc. | 2,404 | ||||||
48 | Illumina, Inc.(a) | 20,469 | ||||||
9 | IQVIA Holdings, Inc.(a) | 1,600 | ||||||
84 | NeoGenomics, Inc.(a) | 4,454 | ||||||
38 | Repligen Corp.(a) | 7,600 | ||||||
9 | Thermo Fisher Scientific, Inc. | 4,587 | ||||||
8 | Waters Corp.(a) | 2,117 | ||||||
|
| |||||||
43,231 | ||||||||
|
| |||||||
Machinery — 2.5% |
| |||||||
50 | AGCO Corp. | 5,545 | ||||||
135 | Caterpillar, Inc. | 24,683 | ||||||
53 | Cummins, Inc. | 12,424 | ||||||
132 | Deere & Co. | 38,122 | ||||||
45 | Flowserve Corp. | 1,600 | ||||||
10 | Illinois Tool Works, Inc. | 1,942 | ||||||
67 | ITT, Inc. | 5,006 | ||||||
85 | Kennametal, Inc. | 3,220 | ||||||
53 | Oshkosh Corp. | 4,854 | ||||||
60 | Parker-Hannifin Corp. | 15,877 | ||||||
15 | Proto Labs, Inc.(a) | 3,177 | ||||||
60 | Terex Corp. | 2,146 | ||||||
58 | Toro Co. (The) | 5,466 | ||||||
|
| |||||||
124,062 | ||||||||
|
|
See accompanying notes to financial statements.
| 74
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2050 Fund – (continued)
Shares | Description | Value (†) | ||||||
Media — 1.4% |
| |||||||
3 | Cable One, Inc. | $ | 6,000 | |||||
29 | Charter Communications, Inc., Class A(a) | 17,619 | ||||||
599 | Comcast Corp., Class A | 29,693 | ||||||
24 | Discovery, Inc., Series C(a) | 841 | ||||||
83 | Discovery, Inc., Series A(a) | 3,438 | ||||||
57 | Fox Corp., Class A | 1,777 | ||||||
45 | Interpublic Group of Cos., Inc. (The) | 1,083 | ||||||
72 | New York Times Co. (The), Class A | 3,571 | ||||||
56 | News Corp., Class A | 1,086 | ||||||
72 | Omnicom Group, Inc. | 4,491 | ||||||
|
| |||||||
69,599 | ||||||||
|
| |||||||
Metals & Mining — 0.3% |
| |||||||
201 | Cleveland-Cliffs, Inc. | 3,083 | ||||||
111 | Commercial Metals Co. | 2,186 | ||||||
13 | Nucor Corp. | 634 | ||||||
51 | Reliance Steel & Aluminum Co. | 5,920 | ||||||
33 | Royal Gold, Inc. | 3,527 | ||||||
|
| |||||||
15,350 | ||||||||
|
| |||||||
Multi-Utilities — 0.2% |
| |||||||
67 | Consolidated Edison, Inc. | 4,742 | ||||||
27 | DTE Energy Co. | 3,205 | ||||||
26 | Sempra Energy | 3,218 | ||||||
15 | WEC Energy Group, Inc. | 1,334 | ||||||
|
| |||||||
12,499 | ||||||||
|
| |||||||
Multiline Retail — 0.2% |
| |||||||
307 | Macy’s, Inc. | 4,617 | ||||||
35 | Target Corp. | 6,341 | ||||||
|
| |||||||
10,958 | ||||||||
|
| |||||||
Oil, Gas & Consumable Fuels — 1.1% |
| |||||||
748 | Apache Corp. | 10,682 | ||||||
129 | ConocoPhillips | 5,164 | ||||||
82 | Devon Energy Corp. | 1,350 | ||||||
136 | Diamondback Energy, Inc. | 7,710 | ||||||
318 | EOG Resources, Inc. | 16,205 | ||||||
114 | EQT Corp. | 1,859 | ||||||
105 | Kinder Morgan, Inc. | 1,478 | ||||||
409 | Marathon Oil Corp. | 2,961 | ||||||
60 | ONEOK, Inc. | 2,390 | ||||||
378 | Southwestern Energy Co.(a) | 1,425 | ||||||
43 | Valero Energy Corp. | 2,427 | ||||||
58 | World Fuel Services Corp. | 1,774 | ||||||
|
| |||||||
55,425 | ||||||||
|
| |||||||
Paper & Forest Products — 0.1% |
| |||||||
89 | Louisiana-Pacific Corp. | 3,383 | ||||||
|
| |||||||
Personal Products — 0.0% |
| |||||||
3 | Estee Lauder Cos., Inc. (The), Class A | 710 | ||||||
|
| |||||||
Pharmaceuticals — 1.5% |
| |||||||
50 | Bristol-Myers Squibb Co. | 3,072 | ||||||
18 | Eli Lilly & Co. | 3,743 | ||||||
28 | Jazz Pharmaceuticals PLC(a) | 4,354 | ||||||
177 | Merck & Co., Inc. | 13,641 | ||||||
230 | Novartis AG, Sponsored ADR | 20,808 | ||||||
87 | Novo Nordisk A/S, Sponsored ADR | 6,055 | ||||||
30 | Perrigo Co. PLC | 1,281 | ||||||
126 | Pfizer, Inc. | 4,523 | ||||||
399 | Roche Holding AG, Sponsored ADR | 17,321 | ||||||
6 | Zoetis, Inc. | 926 | ||||||
|
| |||||||
75,724 | ||||||||
|
| |||||||
Professional Services — 0.2% |
| |||||||
53 | Exponent, Inc. | $ | 4,377 | |||||
11 | IHS Markit Ltd. | 958 | ||||||
18 | Insperity, Inc. | 1,413 | ||||||
50 | Korn Ferry | 2,280 | ||||||
32 | ManpowerGroup, Inc. | 2,830 | ||||||
31 | Nielsen Holdings PLC | 692 | ||||||
|
| |||||||
12,550 | ||||||||
|
| |||||||
Real Estate Management & Development — 0.2% |
| |||||||
104 | CBRE Group, Inc., Class A(a) | 6,342 | ||||||
27 | Jones Lang LaSalle, Inc.(a) | 3,948 | ||||||
|
| |||||||
10,290 | ||||||||
|
| |||||||
REITs – Apartments — 0.2% |
| |||||||
97 | American Campus Communities, Inc. | 3,993 | ||||||
63 | Camden Property Trust | 6,435 | ||||||
25 | Equity Residential | 1,541 | ||||||
|
| |||||||
11,969 | ||||||||
|
| |||||||
REITs – Diversified — 0.2% |
| |||||||
30 | American Tower Corp. | 6,821 | ||||||
6 | Crown Castle International Corp. | 955 | ||||||
63 | Weyerhaeuser Co. | 1,965 | ||||||
|
| |||||||
9,741 | ||||||||
|
| |||||||
REITs – Health Care — 0.1% |
| |||||||
38 | Ventas, Inc. | 1,751 | ||||||
16 | Welltower, Inc. | 969 | ||||||
|
| |||||||
2,720 | ||||||||
|
| |||||||
REITs – Hotels — 0.1% |
| |||||||
101 | Host Hotels & Resorts, Inc. | 1,369 | ||||||
286 | Park Hotels & Resorts, Inc. | 4,770 | ||||||
|
| |||||||
6,139 | ||||||||
|
| |||||||
REITs – Mortgage — 0.2% |
| |||||||
138 | Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 8,163 | ||||||
|
| |||||||
REITs – Office Property — 0.4% |
| |||||||
7 | Boston Properties, Inc. | 639 | ||||||
146 | Corporate Office Properties Trust | 3,835 | ||||||
165 | Douglas Emmett, Inc. | 4,572 | ||||||
220 | Easterly Government Properties, Inc. | 4,829 | ||||||
73 | Kilroy Realty Corp. | 4,134 | ||||||
|
| |||||||
18,009 | ||||||||
|
| |||||||
REITs – Shopping Centers — 0.1% |
| |||||||
393 | Brixmor Property Group, Inc. | 6,653 | ||||||
|
| |||||||
REITs – Storage — 0.0% |
| |||||||
23 | Iron Mountain, Inc. | 774 | ||||||
|
| |||||||
REITs – Warehouse/Industrials — 0.2% |
| |||||||
47 | CyrusOne, Inc. | 3,429 | ||||||
58 | ProLogis, Inc. | 5,985 | ||||||
|
| |||||||
9,414 | ||||||||
|
| |||||||
Road & Rail — 0.3% |
| |||||||
25 | CSX Corp. | 2,144 | ||||||
31 | Norfolk Southern Corp. | 7,335 | ||||||
39 | Ryder System, Inc. | 2,441 | ||||||
19 | Union Pacific Corp. | 3,752 | ||||||
|
| |||||||
15,672 | ||||||||
|
| |||||||
Semiconductors & Semiconductor Equipment — 3.0% |
| |||||||
34 | Advanced Micro Devices, Inc.(a) | 2,912 | ||||||
13 | Analog Devices, Inc. | 1,915 | ||||||
29 | Applied Materials, Inc. | 2,804 | ||||||
56 | Cirrus Logic, Inc.(a) | 5,247 | ||||||
95 | Cree, Inc.(a) | 9,603 |
See accompanying notes to financial statements.
75 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2050 Fund – (continued)
Shares | Description | Value (†) | ||||||
Semiconductors & Semiconductor Equipment — continued |
| |||||||
34 | Enphase Energy, Inc.(a) | $ | 6,200 | |||||
123 | First Solar, Inc.(a) | 12,195 | ||||||
74 | Ichor Holdings Ltd.(a) | 2,671 | ||||||
126 | Intel Corp. | 6,994 | ||||||
5 | Lam Research Corp. | 2,420 | ||||||
15 | Micron Technology, Inc.(a) | 1,174 | ||||||
95 | NVIDIA Corp. | 49,361 | ||||||
159 | QUALCOMM, Inc. | 24,849 | ||||||
42 | Silicon Laboratories, Inc.(a) | 5,509 | ||||||
60 | Texas Instruments, Inc. | 9,941 | ||||||
23 | Universal Display Corp. | 5,309 | ||||||
7 | Xilinx, Inc. | 914 | ||||||
|
| |||||||
150,018 | ||||||||
|
| |||||||
Software — 4.3% |
| |||||||
26 | Adobe, Inc.(a) | 11,928 | ||||||
26 | ANSYS, Inc.(a) | 9,214 | ||||||
131 | Autodesk, Inc.(a) | 36,343 | ||||||
30 | Blackbaud, Inc. | 1,995 | ||||||
42 | Bottomline Technologies, Inc.(a) | 2,007 | ||||||
8 | Citrix Systems, Inc. | 1,067 | ||||||
15 | Fair Isaac Corp.(a) | 6,752 | ||||||
165 | Microsoft Corp. | 38,273 | ||||||
34 | NortonLifeLock, Inc. | 716 | ||||||
514 | Oracle Corp. | 31,061 | ||||||
27 | Paylocity Holding Corp.(a) | 5,061 | ||||||
40 | PTC, Inc.(a) | 5,316 | ||||||
29 | Qualys, Inc.(a) | 4,016 | ||||||
124 | salesforce.com, Inc.(a) | 27,969 | ||||||
46 | SPS Commerce, Inc.(a) | 4,549 | ||||||
127 | Workday, Inc., Class A(a) | 28,896 | ||||||
|
| |||||||
215,163 | ||||||||
|
| |||||||
Specialty Retail — 1.0% |
| |||||||
90 | American Eagle Outfitters, Inc. | 2,042 | ||||||
36 | Asbury Automotive Group, Inc.(a) | 5,134 | ||||||
3 | AutoZone, Inc.(a) | 3,355 | ||||||
22 | Best Buy Co., Inc. | 2,394 | ||||||
18 | Five Below, Inc.(a) | 3,163 | ||||||
46 | Gap, Inc. (The)(a) | 931 | ||||||
58 | Home Depot, Inc. (The) | 15,708 | ||||||
25 | Lithia Motors, Inc., Class A | 7,967 | ||||||
11 | Lowe’s Cos., Inc. | 1,835 | ||||||
25 | Monro, Inc. | 1,462 | ||||||
13 | TJX Cos., Inc. (The) | 833 | ||||||
6 | Ulta Beauty, Inc.(a) | 1,679 | ||||||
36 | Williams-Sonoma, Inc. | 4,641 | ||||||
|
| |||||||
51,144 | ||||||||
|
| |||||||
Technology Hardware, Storage & Peripherals — 0.6% |
| |||||||
816 | Hewlett Packard Enterprise Co. | 10,069 | ||||||
558 | HP, Inc. | 13,582 | ||||||
93 | NCR Corp.(a) | 3,103 | ||||||
17 | Seagate Technology PLC | 1,124 | ||||||
|
| |||||||
27,878 | ||||||||
|
| |||||||
Textiles, Apparel & Luxury Goods — 0.5% |
| |||||||
22 | Deckers Outdoor Corp.(a) | 6,423 | ||||||
718 | Under Armour, Inc., Class A(a) | 12,565 | ||||||
55 | VF Corp. | 4,228 | ||||||
78 | Wolverine World Wide, Inc. | 2,234 | ||||||
|
| |||||||
25,450 | ||||||||
|
| |||||||
Thrifts & Mortgage Finance — 0.1% |
| |||||||
114 | Mr. Cooper Group, Inc.(a) | 3,104 | ||||||
319 | New York Community Bancorp, Inc. | 3,337 | ||||||
|
| |||||||
6,441 | ||||||||
|
| |||||||
Trading Companies & Distributors — 0.0% |
| |||||||
25 | GATX Corp. | $ | 2,320 | |||||
|
| |||||||
Water Utilities — 0.3% |
| |||||||
37 | American Water Works Co., Inc. | 5,884 | ||||||
216 | Essential Utilities, Inc. | 10,001 | ||||||
|
| |||||||
15,885 | ||||||||
|
| |||||||
Wireless Telecommunication Services — 0.2% |
| |||||||
56 | Shenandoah Telecommunications Co. | 2,177 | ||||||
52 | T-Mobile US, Inc.(a) | 6,556 | ||||||
|
| |||||||
8,733 | ||||||||
|
| |||||||
Total Common Stocks (Identified Cost $2,545,819) | 2,944,928 | |||||||
|
| |||||||
Principal Amount | ||||||||
Bonds and Notes — 3.9% | ||||||||
Automotive — 0.1% | ||||||||
$ | 2,000 | General Motors Financial Co., Inc., 4.350%, 1/17/2027 | 2,291 | |||||
|
| |||||||
Banking — 0.6% | ||||||||
2,000 | American Express Co., 3.700%, 8/03/2023 | 2,159 | ||||||
1,000 | Bank of America Corp., (fixed rate to 1/20/2022, variable rate thereafter), MTN, 3.124%, 1/20/2023 | 1,026 | ||||||
2,000 | Bank of Montreal, MTN, 1.900%, 8/27/2021 | 2,020 | ||||||
2,000 | Bank of New York Mellon Corp. (The), Series 12, MTN, 3.650%, 2/04/2024 | 2,187 | ||||||
2,000 | BNP Paribas S.A., MTN, 3.250%, 3/03/2023 | 2,124 | ||||||
1,000 | Capital One Financial Corp., 3.300%, 10/30/2024 | 1,091 | ||||||
2,000 | Citigroup, Inc., 4.600%, 3/09/2026 | 2,320 | ||||||
1,000 | Cooperatieve Rabobank UA, 3.875%, 2/08/2022 | 1,037 | ||||||
2,000 | Goldman Sachs Group, Inc. (The), 3.750%, 5/22/2025 | 2,227 | ||||||
2,000 | JPMorgan Chase & Co., (fixed rate to 3/01/2024, variable rate thereafter), 3.220%, 3/01/2025 | 2,155 | ||||||
2,000 | KeyCorp, MTN, 2.550%, 10/01/2029 | 2,133 | ||||||
2,000 | Morgan Stanley, Series F, 3.875%, 4/29/2024 | 2,208 | ||||||
2,000 | PNC Financial Services Group, Inc. (The), 2.600%, 7/23/2026 | 2,182 | ||||||
2,000 | Royal Bank of Canada, GMTN, 2.550%, 7/16/2024 | 2,137 | ||||||
2,000 | Truist Bank, 3.200%, 4/01/2024 | 2,168 | ||||||
2,000 | Wells Fargo & Co., MTN, 3.000%, 2/19/2025 | 2,163 | ||||||
|
| |||||||
31,337 | ||||||||
|
| |||||||
Brokerage — 0.1% | ||||||||
2,000 | BlackRock, Inc., 2.400%, 4/30/2030 | 2,149 | ||||||
2,000 | Intercontinental Exchange, Inc., 3.000%, 6/15/2050 | 2,047 | ||||||
|
| |||||||
4,196 | ||||||||
|
| |||||||
Cable Satellite — 0.0% | ||||||||
2,000 | Comcast Corp., 3.000%, 2/01/2024 | 2,150 | ||||||
|
| |||||||
Construction Machinery — 0.1% | ||||||||
2,000 | Caterpillar Financial Services Corp., 0.650%, 7/07/2023 | 2,015 | ||||||
2,000 | John Deere Capital Corp., MTN, 2.650%, 1/06/2022 | 2,045 | ||||||
|
| |||||||
4,060 | ||||||||
|
| |||||||
Consumer Cyclical Services — 0.0% | ||||||||
2,000 | eBay, Inc., 3.800%, 3/09/2022 | 2,070 | ||||||
|
| |||||||
Electric — 0.1% | ||||||||
2,000 | Duke Energy Corp., 3.750%, 4/15/2024 | 2,186 | ||||||
2,000 | Entergy Corp., 0.900%, 9/15/2025 | 1,996 | ||||||
2,000 | NextEra Energy Capital Holdings, Inc., 2.250%, 6/01/2030 | 2,070 | ||||||
|
| |||||||
6,252 | ||||||||
|
| |||||||
Food & Beverage — 0.0% | ||||||||
2,000 | Mondelez International, Inc., 2.750%, 4/13/2030 | 2,162 | ||||||
|
|
See accompanying notes to financial statements.
| 76
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2050 Fund – (continued)
Principal Amount | Description | Value (†) | ||||||
Government Owned – No Guarantee — 0.1% | ||||||||
$ | 2,000 | Federal National Mortgage Association, 6.625%, 11/15/2030 | $ | 2,995 | ||||
|
| |||||||
Health Insurance — 0.1% | ||||||||
2,000 | Anthem, Inc., 4.101%, 3/01/2028 | 2,338 | ||||||
1,000 | UnitedHealth Group, Inc., 5.800%, 3/15/2036 | 1,450 | ||||||
|
| |||||||
3,788 | ||||||||
|
| |||||||
Healthcare — 0.1% | ||||||||
2,000 | CVS Health Corp., 4.300%, 3/25/2028 | 2,349 | ||||||
2,000 | DH Europe Finance II S.a.r.l., 2.200%, 11/15/2024 | 2,120 | ||||||
2,000 | McKesson Corp., 3.950%, 2/16/2028 | 2,310 | ||||||
|
| |||||||
6,779 | ||||||||
|
| |||||||
Integrated Energy — 0.1% | ||||||||
2,000 | BP Capital Markets PLC, 3.814%, 2/10/2024 | 2,190 | ||||||
1,000 | Shell International Finance BV, 6.375%, 12/15/2038 | 1,514 | ||||||
|
| |||||||
3,704 | ||||||||
|
| |||||||
Midstream — 0.1% | ||||||||
2,000 | Energy Transfer Operating LP, 4.050%, 3/15/2025 | 2,182 | ||||||
2,000 | Kinder Morgan Energy Partners LP, 4.150%, 2/01/2024 | 2,183 | ||||||
|
| |||||||
4,365 | ||||||||
|
| |||||||
Mortgage Related — 0.5% | ||||||||
381 | FHLMC, 3.000%, 6/01/2049 | 401 | ||||||
982 | FNMA, 2.000%, 9/01/2050 | 1,015 | ||||||
8,966 | FNMA, 2.500%, with various maturities from 2050 to 2051(b) | 9,443 | ||||||
5,146 | FNMA, 3.000%, with various maturities from 2034 to 2049(b) | 5,417 | ||||||
4,502 | FNMA, 3.500%, with various maturities in 2049(b) | 4,783 | ||||||
1,267 | FNMA, 4.000%, 3/01/2050 | 1,357 | ||||||
1,313 | FNMA, 4.500%, with various maturities in 2049(b) | 1,426 | ||||||
|
| |||||||
23,842 | ||||||||
|
| |||||||
Natural Gas — 0.0% | ||||||||
2,000 | NiSource, Inc., 0.950%, 8/15/2025 | 2,002 | ||||||
|
| |||||||
Pharmaceuticals — 0.1% | ||||||||
2,000 | AbbVie, Inc., 3.600%, 5/14/2025 | 2,217 | ||||||
2,000 | Amgen, Inc., 2.650%, 5/11/2022 | 2,057 | ||||||
2,000 | Johnson & Johnson, 1.300%, 9/01/2030 | 1,973 | ||||||
|
| |||||||
6,247 | ||||||||
|
| |||||||
Property & Casualty Insurance — 0.1% | ||||||||
2,000 | American International Group, Inc., 3.400%, 6/30/2030 | 2,232 | ||||||
|
| |||||||
Railroads — 0.1% | ||||||||
2,000 | CSX Corp., 2.600%, 11/01/2026 | 2,177 | ||||||
|
| |||||||
REITs – Office Property — 0.0% | ||||||||
1,000 | Boston Properties LP, 2.750%, 10/01/2026 | 1,083 | ||||||
|
| |||||||
Restaurants — 0.0% | ||||||||
2,000 | Starbucks Corp., 2.250%, 3/12/2030 | 2,083 | ||||||
|
| |||||||
Technology — 0.2% | ||||||||
1,000 | Apple, Inc., 2.500%, 2/09/2025 | 1,076 | ||||||
2,000 | International Business Machines Corp., 4.000%, 6/20/2042 | 2,392 | ||||||
2,000 | QUALCOMM, Inc., 1.650%, 5/20/2032 | 1,970 | ||||||
2,000 | VMware, Inc., 2.950%, 8/21/2022 | 2,072 | ||||||
|
| |||||||
7,510 | ||||||||
|
| |||||||
Treasuries — 1.4% | ||||||||
2,000 | U.S. Treasury Bond, 2.500%, 5/15/2046 | 2,295 | ||||||
4,000 | U.S. Treasury Bond, 2.875%, 11/15/2046 | 4,911 | ||||||
6,000 | U.S. Treasury Bond, 3.000%, 5/15/2045 | 7,491 | ||||||
Treasuries — continued | ||||||||
$ | 2,000 | U.S. Treasury Bond, 3.000%, 2/15/2048 | $ | 2,521 | ||||
4,000 | U.S. Treasury Bond, 3.000%, 2/15/2049 | 5,064 | ||||||
2,000 | U.S. Treasury Bond, 4.250%, 11/15/2040 | 2,909 | ||||||
2,000 | U.S. Treasury Bond, 4.375%, 5/15/2041 | 2,966 | ||||||
3,000 | U.S. Treasury Bond, 4.500%, 2/15/2036 | 4,296 | ||||||
10,000 | U.S. Treasury Note, 0.375%, 11/30/2025 | 9,985 | ||||||
8,000 | U.S. Treasury Note, 1.125%, 9/30/2021 | 8,056 | ||||||
9,000 | U.S. Treasury Note, 1.625%, 8/31/2022 | 9,214 | ||||||
10,000 | U.S. Treasury Note, 2.125%, 12/31/2022 | 10,383 | ||||||
|
| |||||||
70,091 | ||||||||
|
| |||||||
Wireless — 0.0% | ||||||||
1,000 | Vodafone Group PLC, 6.150%, 2/27/2037 | 1,397 | ||||||
|
| |||||||
Wirelines — 0.0% | ||||||||
2,000 | Verizon Communications, Inc., 3-month LIBOR + 1.100%, 1.321%, 5/15/2025(c) | 2,058 | ||||||
|
| |||||||
Total Bonds and Notes (Identified Cost $192,758) | 196,871 | |||||||
|
| |||||||
Shares | ||||||||
Exchange-Traded Funds — 8.4% | ||||||||
5,803 | iShares® ESG Aware MSCI EAFE ETF (Identified Cost $372,161) | 419,789 | ||||||
|
| |||||||
Affiliated Mutual Funds — 25.2% | ||||||||
7,283 | Mirova Global Green Bond Fund, Class N | 78,218 | ||||||
35,148 | Mirova International Sustainable Equity Fund, Class N | 478,716 | ||||||
12,558 | WCM Focused Emerging Markets Fund, Institutional Class | 251,906 | ||||||
18,512 | WCM Focused International Growth Fund, Institutional Class | 456,143 | ||||||
|
| |||||||
Total Affiliated Mutual Funds (Identified Cost $1,140,753) | 1,264,983 | |||||||
|
| |||||||
Principal Amount | ||||||||
Short-Term Investments — 2.9% | ||||||||
$ | 145,112 | Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 1/29/2021 at 0.000% to be repurchased at $145,112 on 2/01/2021 collateralized by $91,800 U.S. Treasury Note, 2.750% due 4/30/2023 valued at $97,803; $33,800 U.S. Treasury Note, 2.750% due 5/31/2023 valued at $36,001; $14,100 U.S. Treasury Note, 1.625% due 4/30/2023 valued at $14,626 including accrued interest (Note 2 of Notes to Financial Statements) (Identified Cost $145,112) | 145,112 | |||||
|
| |||||||
Total Investments — 99.1% (Identified Cost $4,396,603) | 4,971,683 | |||||||
Other assets less liabilities — 0.9% | 45,495 | |||||||
|
| |||||||
Net Assets — 100.0% | $ | 5,017,178 | ||||||
|
| |||||||
(†) | See Note 2 of Notes to Financial Statements. |
| ||||||
(a) | Non-income producing security. |
| ||||||
(b) | The Fund’s investment in mortgage related securities of Federal National Mortgage Association are interests in separate pools of mortgages. All separate investments in securities of each issuer which have the same coupon rate have been aggregated for the purpose of presentation in the Portfolio of Investments. |
| ||||||
(c) | Variable rate security. Rate as of January 31, 2021 is disclosed. |
|
See accompanying notes to financial statements.
77 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2050 Fund – (continued)
ADR | An American Depositary Receipt is a certificate issued by a custodian bank representing the right to receive securities of the foreign issuer described. The values of ADRs may be significantly influenced by trading on exchanges not located in the United States. | |||||
ETF | Exchange-Traded Fund | |||||
FHLMC | Federal Home Loan Mortgage Corp. | |||||
FNMA | Federal National Mortgage Association | |||||
GMTN | Global Medium Term Note | |||||
LIBOR | London Interbank Offered Rate | |||||
MTN | Medium Term Note | |||||
REITs | Real Estate Investment Trusts |
Asset Allocation Summary at January 31, 2021
Equity | 90.7 | % | ||
Fixed Income | 5.5 | |||
Short-Term Investments | 2.9 | |||
|
| |||
Total Investments | 99.1 | |||
Other assets less liabilities | 0.9 | |||
|
| |||
Net Assets | 100.0 | % | ||
|
|
See accompanying notes to financial statements.
| 78
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2055 Fund
Shares | Description | Value (†) | ||||||
Common Stocks — 57.7% of Net Assets | ||||||||
Aerospace & Defense — 0.9% |
| |||||||
17 | Axon Enterprise, Inc.(a) | $ | 2,791 | |||||
108 | Boeing Co. (The) | 20,972 | ||||||
44 | General Dynamics Corp. | 6,454 | ||||||
3 | L3Harris Technologies, Inc. | 515 | ||||||
22 | Moog, Inc., Class A | 1,625 | ||||||
50 | Raytheon Technologies Corp. | 3,336 | ||||||
|
| |||||||
35,693 | ||||||||
|
| |||||||
Air Freight & Logistics — 0.5% |
| |||||||
182 | Expeditors International of Washington, Inc. | 16,293 | ||||||
28 | United Parcel Service, Inc., Class B | 4,340 | ||||||
|
| |||||||
20,633 | ||||||||
|
| |||||||
Airlines — 0.1% |
| |||||||
11 | Alaska Air Group, Inc. | 537 | ||||||
37 | Delta Air Lines, Inc. | 1,405 | ||||||
225 | JetBlue Airways Corp.(a) | 3,226 | ||||||
|
| |||||||
5,168 | ||||||||
|
| |||||||
Auto Components — 0.5% |
| |||||||
83 | Aptiv PLC | 11,089 | ||||||
15 | BorgWarner, Inc. | 630 | ||||||
152 | Dana, Inc. | 2,943 | ||||||
22 | Visteon Corp.(a) | 2,804 | ||||||
|
| |||||||
17,466 | ||||||||
|
| |||||||
Automobiles — 0.5% |
| |||||||
314 | General Motors Co. | 15,914 | ||||||
21 | Thor Industries, Inc. | 2,541 | ||||||
|
| |||||||
18,455 | ||||||||
|
| |||||||
Banks — 2.7% |
| |||||||
58 | Ameris Bancorp | 2,268 | ||||||
105 | BancorpSouth Bank | 2,903 | ||||||
567 | Bank of America Corp. | 16,812 | ||||||
280 | Citigroup, Inc. | 16,237 | ||||||
88 | Citizens Financial Group, Inc. | 3,207 | ||||||
80 | Columbia Banking System, Inc. | 3,082 | ||||||
9 | Comerica, Inc. | 515 | ||||||
55 | Cullen/Frost Bankers, Inc. | 5,073 | ||||||
34 | Fifth Third Bancorp | 984 | ||||||
184 | Fulton Financial Corp. | 2,466 | ||||||
51 | Huntington Bancshares, Inc. | 674 | ||||||
100 | International Bancshares Corp. | 3,781 | ||||||
111 | KeyCorp | 1,871 | ||||||
23 | M&T Bank Corp. | 3,047 | ||||||
145 | People’s United Financial, Inc. | 1,981 | ||||||
54 | PNC Financial Services Group, Inc. (The) | 7,750 | ||||||
147 | Regions Financial Corp. | 2,500 | ||||||
85 | TCF Financial Corp. | 3,303 | ||||||
154 | Truist Financial Corp. | 7,389 | ||||||
155 | Trustmark Corp. | 4,258 | ||||||
66 | U.S. Bancorp | 2,828 | ||||||
284 | Wells Fargo & Co. | 8,486 | ||||||
38 | Wintrust Financial Corp. | 2,287 | ||||||
|
| |||||||
103,702 | ||||||||
|
| |||||||
Beverages — 1.5% |
| |||||||
131 | Coca-Cola Co. (The) | 6,308 | ||||||
60 | Constellation Brands, Inc., Class A | 12,656 | ||||||
243 | Keurig Dr Pepper, Inc. | 7,727 | ||||||
285 | Monster Beverage Corp.(a) | 24,747 | ||||||
48 | PepsiCo, Inc. | 6,555 | ||||||
|
| |||||||
57,993 | ||||||||
|
| |||||||
Biotechnology — 1.3% |
| |||||||
31 | AbbVie, Inc. | $ | 3,177 | |||||
31 | Amgen, Inc. | 7,484 | ||||||
9 | Biogen, Inc.(a) | 2,543 | ||||||
75 | BioMarin Pharmaceutical, Inc.(a) | 6,209 | ||||||
79 | Gilead Sciences, Inc. | 5,182 | ||||||
13 | Ligand Pharmaceuticals, Inc.(a) | 2,410 | ||||||
43 | Regeneron Pharmaceuticals, Inc.(a) | 21,665 | ||||||
|
| |||||||
48,670 | ||||||||
|
| |||||||
Building Products — 0.3% |
| |||||||
20 | Carrier Global Corp. | 770 | ||||||
18 | Johnson Controls International PLC | 897 | ||||||
16 | Lennox International, Inc. | 4,408 | ||||||
49 | Owens Corning | 3,802 | ||||||
32 | Trex Co., Inc.(a) | 2,937 | ||||||
|
| |||||||
12,814 | ||||||||
|
| |||||||
Capital Markets — 3.5% |
| |||||||
8 | Ameriprise Financial, Inc. | 1,583 | ||||||
435 | Bank of New York Mellon Corp. (The) | 17,326 | ||||||
6 | BlackRock, Inc. | 4,208 | ||||||
334 | Charles Schwab Corp. (The) | 17,214 | ||||||
11 | CME Group, Inc. | 1,999 | ||||||
39 | FactSet Research Systems, Inc. | 11,791 | ||||||
36 | Franklin Resources, Inc. | 947 | ||||||
45 | Goldman Sachs Group, Inc. (The) | 12,203 | ||||||
20 | Intercontinental Exchange, Inc. | 2,207 | ||||||
17 | Invesco Ltd. | 350 | ||||||
75 | Janus Henderson Group PLC | 2,307 | ||||||
101 | KKR & Co., Inc. | 3,934 | ||||||
20 | Moody’s Corp. | 5,325 | ||||||
8 | Morgan Stanley | 536 | ||||||
21 | MSCI, Inc. | 8,301 | ||||||
72 | Northern Trust Corp. | 6,422 | ||||||
27 | S&P Global, Inc. | 8,559 | ||||||
157 | SEI Investments Co. | 8,298 | ||||||
300 | State Street Corp. | 21,000 | ||||||
5 | T. Rowe Price Group, Inc. | 782 | ||||||
|
| |||||||
135,292 | ||||||||
|
| |||||||
Chemicals — 0.6% |
| |||||||
6 | Air Products & Chemicals, Inc. | 1,601 | ||||||
19 | DuPont de Nemours, Inc. | 1,509 | ||||||
7 | Ecolab, Inc. | 1,432 | ||||||
40 | HB Fuller Co. | 2,036 | ||||||
32 | Innospec, Inc. | 2,809 | ||||||
34 | Linde PLC | 8,344 | ||||||
34 | Minerals Technologies, Inc. | 2,095 | ||||||
5 | PPG Industries, Inc. | 673 | ||||||
2 | Sherwin-Williams Co. (The) | 1,384 | ||||||
22 | Stepan Co. | 2,479 | ||||||
|
| |||||||
24,362 | ||||||||
|
| |||||||
Commercial Services & Supplies — 0.3% |
| |||||||
35 | Healthcare Services Group, Inc. | 1,135 | ||||||
23 | MSA Safety, Inc. | 3,591 | ||||||
7 | Republic Services, Inc. | 633 | ||||||
33 | Tetra Tech, Inc. | 4,012 | ||||||
8 | Waste Management, Inc. | 890 | ||||||
|
| |||||||
10,261 | ||||||||
|
| |||||||
Communications Equipment — 0.7% |
| |||||||
22 | Arista Networks, Inc.(a) | 6,766 | ||||||
49 | Ciena Corp.(a) | 2,616 | ||||||
282 | Cisco Systems, Inc. | 12,572 | ||||||
5 | F5 Networks, Inc.(a) | 980 | ||||||
30 | Lumentum Holdings, Inc.(a) | 2,814 | ||||||
|
| |||||||
25,748 | ||||||||
|
|
See accompanying notes to financial statements.
79 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2055 Fund – (continued)
Shares | Description | Value (†) | ||||||
Construction & Engineering — 0.2% |
| |||||||
101 | AECOM(a) | $ | 5,060 | |||||
115 | Fluor Corp. | 1,988 | ||||||
|
| |||||||
7,048 | ||||||||
|
| |||||||
Consumer Finance — 1.5% |
| |||||||
546 | Ally Financial, Inc. | 20,661 | ||||||
113 | American Express Co. | 13,137 | ||||||
185 | Capital One Financial Corp. | 19,288 | ||||||
26 | Green Dot Corp., Class A(a) | 1,306 | ||||||
23 | PROG Holdings, Inc. | 1,085 | ||||||
|
| |||||||
55,477 | ||||||||
|
| |||||||
Containers & Packaging — 0.2% |
| |||||||
40 | Ball Corp. | 3,521 | ||||||
32 | International Paper Co. | 1,610 | ||||||
146 | O-I Glass, Inc. | 1,845 | ||||||
|
| |||||||
6,976 | ||||||||
|
| |||||||
Distributors — 0.1% |
| |||||||
23 | Genuine Parts Co. | 2,159 | ||||||
|
| |||||||
Diversified Telecommunication Services — 0.3% |
| |||||||
117 | AT&T, Inc. | 3,350 | ||||||
646 | Lumen Technologies, Inc. | 7,997 | ||||||
|
| |||||||
11,347 | ||||||||
|
| |||||||
Electric Utilities — 0.7% |
| |||||||
81 | American Electric Power Co., Inc. | 6,554 | ||||||
113 | Edison International | 6,572 | ||||||
21 | Eversource Energy | 1,837 | ||||||
27 | IDACORP, Inc. | 2,384 | ||||||
111 | NextEra Energy, Inc. | 8,977 | ||||||
33 | PPL Corp. | 913 | ||||||
|
| |||||||
27,237 | ||||||||
|
| |||||||
Electrical Equipment — 0.7% |
| |||||||
10 | Acuity Brands, Inc. | 1,202 | ||||||
191 | Ballard Power Systems, Inc.(a) | 6,527 | ||||||
24 | Eaton Corp. PLC | 2,825 | ||||||
19 | Generac Holdings, Inc.(a) | 4,682 | ||||||
21 | Hubbell, Inc. | 3,268 | ||||||
17 | Rockwell Automation, Inc. | 4,225 | ||||||
31 | Sunrun, Inc.(a) | 2,147 | ||||||
|
| |||||||
24,876 | ||||||||
|
| |||||||
Electronic Equipment, Instruments & Components — 1.0% |
| |||||||
6 | Amphenol Corp., Class A | 749 | ||||||
52 | Avnet, Inc. | 1,836 | ||||||
58 | Cognex Corp. | 4,764 | ||||||
13 | Coherent, Inc.(a) | 2,611 | ||||||
19 | Corning, Inc. | 682 | ||||||
70 | Itron, Inc.(a) | 6,021 | ||||||
12 | Littelfuse, Inc. | 2,920 | ||||||
11 | Rogers Corp.(a) | 1,717 | ||||||
83 | TE Connectivity Ltd. | 9,993 | ||||||
68 | Trimble, Inc.(a) | 4,482 | ||||||
94 | Vishay Intertechnology, Inc. | 2,026 | ||||||
|
| |||||||
37,801 | ||||||||
|
| |||||||
Energy Equipment & Services — 0.4% |
| |||||||
400 | Archrock, Inc. | 3,548 | ||||||
73 | Baker Hughes Co. | 1,467 | ||||||
45 | NOV, Inc. | 557 | ||||||
373 | Schlumberger NV | 8,284 | ||||||
46 | TechnipFMC PLC | 492 | ||||||
|
| |||||||
14,348 | ||||||||
|
| |||||||
Entertainment — 1.3% |
| |||||||
21 | Activision Blizzard, Inc. | $ | 1,911 | |||||
68 | Cinemark Holdings, Inc. | 1,377 | ||||||
34 | Electronic Arts, Inc. | 4,869 | ||||||
21 | Netflix, Inc.(a) | 11,180 | ||||||
178 | Walt Disney Co. (The)(a) | 29,934 | ||||||
|
| |||||||
49,271 | ||||||||
|
| |||||||
Food & Staples Retailing — 0.2% |
| |||||||
41 | BJ’s Wholesale Club Holdings, Inc.(a) | 1,725 | ||||||
48 | Kroger Co. (The) | 1,656 | ||||||
127 | SpartanNash Co. | 2,352 | ||||||
16 | Sysco Corp. | 1,144 | ||||||
41 | Walgreens Boots Alliance, Inc. | 2,060 | ||||||
|
| |||||||
8,937 | ||||||||
|
| |||||||
Food Products — 0.4% |
| |||||||
46 | Campbell Soup Co. | 2,213 | ||||||
19 | Conagra Brands, Inc. | 657 | ||||||
50 | Darling Ingredients, Inc.(a) | 3,101 | ||||||
34 | General Mills, Inc. | 1,975 | ||||||
54 | Hain Celestial Group, Inc. (The)(a) | 2,246 | ||||||
46 | Hormel Foods Corp. | 2,156 | ||||||
27 | Ingredion, Inc. | 2,038 | ||||||
10 | J.M. Smucker Co. (The) | 1,164 | ||||||
14 | Kellogg Co. | 825 | ||||||
8 | McCormick & Co., Inc. | 716 | ||||||
|
| |||||||
17,091 | ||||||||
|
| |||||||
Gas Utilities — 0.2% |
| |||||||
56 | New Jersey Resources Corp. | 1,961 | ||||||
31 | ONE Gas, Inc. | 2,267 | ||||||
61 | South Jersey Industries, Inc. | 1,409 | ||||||
67 | UGI Corp. | 2,411 | ||||||
|
| |||||||
8,048 | ||||||||
|
| |||||||
Health Care Equipment & Supplies — 1.1% |
| |||||||
28 | Abbott Laboratories | 3,461 | ||||||
7 | Baxter International, Inc. | 538 | ||||||
4 | Becton Dickinson & Co. | 1,047 | ||||||
24 | Boston Scientific Corp.(a) | 851 | ||||||
5 | Cooper Cos., Inc. (The) | 1,820 | ||||||
9 | Danaher Corp. | 2,141 | ||||||
8 | DENTSPLY SIRONA, Inc. | 428 | ||||||
28 | Edwards Lifesciences Corp.(a) | 2,312 | ||||||
29 | Globus Medical, Inc., Class A(a) | 1,789 | ||||||
15 | Haemonetics Corp.(a) | 1,714 | ||||||
30 | Hill-Rom Holdings, Inc. | 2,881 | ||||||
17 | Hologic, Inc.(a) | 1,355 | ||||||
9 | Intuitive Surgical, Inc.(a) | 6,729 | ||||||
21 | Medtronic PLC | 2,338 | ||||||
66 | Meridian Bioscience, Inc.(a) | 1,459 | ||||||
21 | Merit Medical Systems, Inc.(a) | 1,137 | ||||||
16 | Penumbra, Inc.(a) | 4,177 | ||||||
9 | Quidel Corp.(a) | 2,259 | ||||||
3 | STERIS PLC | 561 | ||||||
6 | Stryker Corp. | 1,326 | ||||||
3 | Varian Medical Systems, Inc.(a) | 527 | ||||||
|
| |||||||
40,850 | ||||||||
|
| |||||||
Health Care Providers & Services — 2.1% |
| |||||||
11 | Amedisys, Inc.(a) | 3,160 | ||||||
15 | Anthem, Inc. | 4,455 | ||||||
21 | BioTelemetry, Inc.(a) | 1,501 | ||||||
84 | Centene Corp.(a) | 5,065 | ||||||
8 | Chemed Corp. | 4,143 | ||||||
17 | Cigna Corp. | 3,690 |
See accompanying notes to financial statements.
| 80
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2055 Fund – (continued)
Shares | Description | Value (†) | ||||||
Health Care Providers & Services — continued |
| |||||||
125 | CVS Health Corp. | $ | 8,956 | |||||
26 | Encompass Health Corp. | 2,090 | ||||||
98 | HCA Healthcare, Inc. | 15,923 | ||||||
16 | Henry Schein, Inc.(a) | 1,054 | ||||||
35 | Humana, Inc. | 13,409 | ||||||
14 | Laboratory Corp. of America Holdings(a) | 3,205 | ||||||
109 | MEDNAX, Inc.(a) | 2,973 | ||||||
49 | Patterson Cos., Inc. | 1,552 | ||||||
21 | Quest Diagnostics, Inc. | 2,712 | ||||||
17 | UnitedHealth Group, Inc. | 5,671 | ||||||
|
| |||||||
79,559 | ||||||||
|
| |||||||
Health Care Technology — 0.4% |
| |||||||
103 | Allscripts Healthcare Solutions, Inc.(a) | 1,700 | ||||||
139 | Cerner Corp. | 11,135 | ||||||
51 | HMS Holdings Corp.(a) | 1,878 | ||||||
|
| |||||||
14,713 | ||||||||
|
| |||||||
Hotels, Restaurants & Leisure — 1.7% |
| |||||||
2 | Chipotle Mexican Grill, Inc.(a) | 2,960 | ||||||
25 | Dine Brands Global, Inc. | 1,719 | ||||||
104 | Hilton Worldwide Holdings, Inc. | 10,545 | ||||||
35 | Jack in the Box, Inc. | 3,295 | ||||||
352 | MGM Resorts International | 10,053 | ||||||
11 | Royal Caribbean Cruises Ltd. | 715 | ||||||
39 | Shake Shack, Inc., Class A(a) | 4,423 | ||||||
150 | Starbucks Corp. | 14,522 | ||||||
105 | Wendy’s Co. (The) | 2,142 | ||||||
159 | Yum China Holdings, Inc. | 9,017 | ||||||
54 | Yum! Brands, Inc. | 5,480 | ||||||
|
| |||||||
64,871 | ||||||||
|
| |||||||
Household Durables — 0.4% |
| |||||||
91 | KB Home | 3,789 | ||||||
68 | Meritage Homes Corp.(a) | 5,457 | ||||||
8 | Mohawk Industries, Inc.(a) | 1,149 | ||||||
113 | Taylor Morrison Home Corp.(a) | 2,936 | ||||||
|
| |||||||
13,331 | ||||||||
|
| |||||||
Household Products — 0.5% |
| |||||||
4 | Clorox Co. (The) | 838 | ||||||
134 | Colgate-Palmolive Co. | 10,452 | ||||||
70 | Kimberly-Clark Corp. | 9,247 | ||||||
|
| |||||||
20,537 | ||||||||
|
| |||||||
Independent Power & Renewable Electricity Producers — 0.5% |
| |||||||
43 | AES Corp. (The) | 1,049 | ||||||
62 | Boralex, Inc., Class A | 2,428 | ||||||
97 | NextEra Energy Partners LP | 7,905 | ||||||
38 | Ormat Technologies, Inc. | 4,338 | ||||||
63 | Sunnova Energy International, Inc.(a) | 2,763 | ||||||
|
| |||||||
18,483 | ||||||||
|
| |||||||
Industrial Conglomerates — 0.4% |
| |||||||
17 | Carlisle Cos., Inc. | 2,464 | ||||||
1,055 | General Electric Co. | 11,267 | ||||||
6 | Honeywell International, Inc. | 1,172 | ||||||
|
| |||||||
14,903 | ||||||||
|
| |||||||
Insurance — 1.6% |
| |||||||
14 | Aflac, Inc. | 633 | ||||||
23 | Allstate Corp. (The) | 2,465 | ||||||
293 | American International Group, Inc. | 10,970 | ||||||
44 | Chubb Ltd. | 6,410 | ||||||
48 | First American Financial Corp. | 2,510 | ||||||
18 | Hanover Insurance Group, Inc. (The) | 2,024 | ||||||
71 | Hartford Financial Services Group, Inc. (The) | 3,409 | ||||||
Insurance — continued |
| |||||||
12 | Lincoln National Corp. | $ | 546 | |||||
26 | Marsh & McLennan Cos., Inc. | 2,858 | ||||||
166 | MetLife, Inc. | 7,993 | ||||||
40 | Prudential Financial, Inc. | 3,131 | ||||||
143 | Reinsurance Group of America, Inc. | 15,022 | ||||||
21 | Travelers Cos., Inc. (The) | 2,862 | ||||||
|
| |||||||
60,833 | ||||||||
|
| |||||||
Interactive Media & Services — 2.7% |
| |||||||
14 | Alphabet, Inc., Class A(a) | 25,583 | ||||||
19 | Alphabet, Inc., Class C(a) | 34,879 | ||||||
173 | Facebook, Inc., Class A(a) | 44,691 | ||||||
|
| |||||||
105,153 | ||||||||
|
| |||||||
Internet & Direct Marketing Retail — 2.9% |
| |||||||
114 | Alibaba Group Holding Ltd., Sponsored ADR(a) | 28,937 | ||||||
13 | Amazon.com, Inc.(a) | 41,681 | ||||||
8 | Booking Holdings, Inc.(a) | 15,555 | ||||||
300 | eBay, Inc. | 16,953 | ||||||
4 | Etsy, Inc.(a) | 796 | ||||||
5 | Expedia Group, Inc. | 620 | ||||||
405 | Qurate Retail, Inc., Class A | 5,103 | ||||||
|
| |||||||
109,645 | ||||||||
|
| |||||||
IT Services — 3.0% |
| |||||||
34 | Accenture PLC, Class A | 8,225 | ||||||
62 | Akamai Technologies, Inc.(a) | 6,884 | ||||||
90 | Automatic Data Processing, Inc. | 14,861 | ||||||
30 | Cognizant Technology Solutions Corp., Class A | 2,338 | ||||||
389 | DXC Technology Co. | 10,970 | ||||||
53 | Fiserv, Inc.(a) | 5,442 | ||||||
68 | Gartner, Inc.(a) | 10,330 | ||||||
49 | MasterCard, Inc., Class A | 15,498 | ||||||
16 | Paychex, Inc. | 1,397 | ||||||
140 | Sabre Corp. | 1,509 | ||||||
9 | VeriSign, Inc.(a) | 1,747 | ||||||
163 | Visa, Inc., Class A | 31,500 | ||||||
16 | WEX, Inc.(a) | 3,018 | ||||||
|
| |||||||
113,719 | ||||||||
|
| |||||||
Leisure Products — 0.1% |
| |||||||
64 | Callaway Golf Co. | 1,785 | ||||||
|
| |||||||
Life Sciences Tools & Services — 0.8% |
| |||||||
14 | Agilent Technologies, Inc. | 1,682 | ||||||
36 | Illumina, Inc.(a) | 15,352 | ||||||
8 | IQVIA Holdings, Inc.(a) | 1,422 | ||||||
59 | NeoGenomics, Inc.(a) | 3,128 | ||||||
29 | Repligen Corp.(a) | 5,800 | ||||||
7 | Thermo Fisher Scientific, Inc. | 3,568 | ||||||
4 | Waters Corp.(a) | 1,059 | ||||||
|
| |||||||
32,011 | ||||||||
|
| |||||||
Machinery — 2.4% |
| |||||||
38 | AGCO Corp. | 4,214 | ||||||
102 | Caterpillar, Inc. | 18,650 | ||||||
41 | Cummins, Inc. | 9,611 | ||||||
98 | Deere & Co. | 28,302 | ||||||
38 | Flowserve Corp. | 1,351 | ||||||
9 | Illinois Tool Works, Inc. | 1,748 | ||||||
51 | ITT, Inc. | 3,810 | ||||||
59 | Kennametal, Inc. | 2,235 | ||||||
40 | Oshkosh Corp. | 3,664 | ||||||
45 | Parker-Hannifin Corp. | 11,907 | ||||||
12 | Proto Labs, Inc.(a) | 2,542 | ||||||
46 | Terex Corp. | 1,645 | ||||||
44 | Toro Co. (The) | 4,147 | ||||||
|
| |||||||
93,826 | ||||||||
|
|
See accompanying notes to financial statements.
81 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2055 Fund – (continued)
Shares | Description | Value (†) | ||||||
Media — 1.4% |
| |||||||
3 | Cable One, Inc. | $ | 6,000 | |||||
22 | Charter Communications, Inc., Class A(a) | 13,366 | ||||||
459 | Comcast Corp., Class A | 22,753 | ||||||
61 | Discovery, Inc., Series A(a) | 2,527 | ||||||
21 | Discovery, Inc., Series C(a) | 736 | ||||||
42 | Fox Corp., Class A | 1,310 | ||||||
33 | Interpublic Group of Cos., Inc. (The) | 794 | ||||||
50 | New York Times Co. (The), Class A | 2,479 | ||||||
41 | News Corp., Class A | 795 | ||||||
47 | Omnicom Group, Inc. | 2,932 | ||||||
|
| |||||||
53,692 | ||||||||
|
| |||||||
Metals & Mining — 0.3% |
| |||||||
150 | Cleveland-Cliffs, Inc. | 2,301 | ||||||
85 | Commercial Metals Co. | 1,674 | ||||||
10 | Nucor Corp. | 487 | ||||||
39 | Reliance Steel & Aluminum Co. | 4,527 | ||||||
23 | Royal Gold, Inc. | 2,458 | ||||||
|
| |||||||
11,447 | ||||||||
|
| |||||||
Multi-Utilities — 0.2% |
| |||||||
47 | Consolidated Edison, Inc. | 3,327 | ||||||
18 | DTE Energy Co. | 2,137 | ||||||
19 | Sempra Energy | 2,351 | ||||||
10 | WEC Energy Group, Inc. | 889 | ||||||
|
| |||||||
8,704 | ||||||||
|
| |||||||
Multiline Retail — 0.2% |
| |||||||
216 | Macy’s, Inc. | 3,249 | ||||||
25 | Target Corp. | 4,529 | ||||||
|
| |||||||
7,778 | ||||||||
|
| |||||||
Oil, Gas & Consumable Fuels — 1.1% |
| |||||||
584 | Apache Corp. | 8,340 | ||||||
99 | ConocoPhillips | 3,963 | ||||||
47 | Devon Energy Corp. | 774 | ||||||
105 | Diamondback Energy, Inc. | 5,952 | ||||||
247 | EOG Resources, Inc. | 12,587 | ||||||
87 | EQT Corp. | 1,419 | ||||||
73 | Kinder Morgan, Inc. | 1,028 | ||||||
255 | Marathon Oil Corp. | 1,846 | ||||||
50 | ONEOK, Inc. | 1,992 | ||||||
260 | Southwestern Energy Co.(a) | 980 | ||||||
36 | Valero Energy Corp. | 2,031 | ||||||
43 | World Fuel Services Corp. | 1,315 | ||||||
|
| |||||||
42,227 | ||||||||
|
| |||||||
Paper & Forest Products — 0.1% |
| |||||||
62 | Louisiana-Pacific Corp. | 2,357 | ||||||
|
| |||||||
Personal Products — 0.0% |
| |||||||
2 | Estee Lauder Cos., Inc. (The), Class A | 473 | ||||||
|
| |||||||
Pharmaceuticals — 1.5% |
| |||||||
36 | Bristol-Myers Squibb Co. | 2,212 | ||||||
14 | Eli Lilly & Co. | 2,912 | ||||||
22 | Jazz Pharmaceuticals PLC(a) | 3,421 | ||||||
131 | Merck & Co., Inc. | 10,096 | ||||||
175 | Novartis AG, Sponsored ADR | 15,832 | ||||||
65 | Novo Nordisk A/S, Sponsored ADR | 4,524 | ||||||
19 | Perrigo Co. PLC | 811 | ||||||
96 | Pfizer, Inc. | 3,446 | ||||||
304 | Roche Holding AG, Sponsored ADR | 13,197 | ||||||
4 | Zoetis, Inc. | 617 | ||||||
|
| |||||||
57,068 | ||||||||
|
| |||||||
Professional Services — 0.2% |
| |||||||
41 | Exponent, Inc. | $ | 3,386 | |||||
5 | IHS Markit Ltd. | 435 | ||||||
13 | Insperity, Inc. | 1,020 | ||||||
38 | Korn Ferry | 1,733 | ||||||
25 | ManpowerGroup, Inc. | 2,211 | ||||||
27 | Nielsen Holdings PLC | 603 | ||||||
|
| |||||||
9,388 | ||||||||
|
| |||||||
Real Estate Management & Development — 0.2% |
| |||||||
81 | CBRE Group, Inc., Class A(a) | 4,939 | ||||||
21 | Jones Lang LaSalle, Inc.(a) | 3,071 | ||||||
|
| |||||||
8,010 | ||||||||
|
| |||||||
REITs – Apartments — 0.2% |
| |||||||
68 | American Campus Communities, Inc. | 2,799 | ||||||
49 | Camden Property Trust | 5,005 | ||||||
21 | Equity Residential | 1,295 | ||||||
|
| |||||||
9,099 | ||||||||
|
| |||||||
REITs – Diversified — 0.2% |
| |||||||
21 | American Tower Corp. | 4,774 | ||||||
6 | Crown Castle International Corp. | 956 | ||||||
33 | Weyerhaeuser Co. | 1,029 | ||||||
|
| |||||||
6,759 | ||||||||
|
| |||||||
REITs – Health Care — 0.0% |
| |||||||
17 | Ventas, Inc. | 783 | ||||||
8 | Welltower, Inc. | 485 | ||||||
|
| |||||||
1,268 | ||||||||
|
| |||||||
REITs – Hotels — 0.1% |
| |||||||
54 | Host Hotels & Resorts, Inc. | 732 | ||||||
201 | Park Hotels & Resorts, Inc. | 3,352 | ||||||
|
| |||||||
4,084 | ||||||||
|
| |||||||
REITs – Mortgage — 0.2% |
| |||||||
102 | Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 6,033 | ||||||
|
| |||||||
REITs – Office Property — 0.3% |
| |||||||
3 | Boston Properties, Inc. | 274 | ||||||
103 | Corporate Office Properties Trust | 2,706 | ||||||
116 | Douglas Emmett, Inc. | 3,215 | ||||||
155 | Easterly Government Properties, Inc. | 3,402 | ||||||
56 | Kilroy Realty Corp. | 3,171 | ||||||
|
| |||||||
12,768 | ||||||||
|
| |||||||
REITs – Shopping Centers — 0.1% |
| |||||||
296 | Brixmor Property Group, Inc. | 5,011 | ||||||
|
| |||||||
REITs – Storage — 0.0% |
| |||||||
13 | Iron Mountain, Inc. | 438 | ||||||
|
| |||||||
REITs – Warehouse/Industrials — 0.2% |
| |||||||
33 | CyrusOne, Inc. | 2,407 | ||||||
43 | ProLogis, Inc. | 4,438 | ||||||
|
| |||||||
6,845 | ||||||||
|
| |||||||
Road & Rail — 0.3% |
| |||||||
18 | CSX Corp. | 1,544 | ||||||
21 | Norfolk Southern Corp. | 4,969 | ||||||
29 | Ryder System, Inc. | 1,815 | ||||||
16 | Union Pacific Corp. | 3,159 | ||||||
|
| |||||||
11,487 | ||||||||
|
| |||||||
Semiconductors & Semiconductor Equipment — 2.9% |
| |||||||
25 | Advanced Micro Devices, Inc.(a) | 2,141 | ||||||
7 | Analog Devices, Inc. | 1,031 | ||||||
21 | Applied Materials, Inc. | 2,030 | ||||||
43 | Cirrus Logic, Inc.(a) | 4,029 | ||||||
70 | Cree, Inc.(a) | 7,076 |
See accompanying notes to financial statements.
| 82
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2055 Fund – (continued)
Shares | Description | Value (†) | ||||||
Semiconductors & Semiconductor Equipment — continued |
| |||||||
23 | Enphase Energy, Inc.(a) | $ | 4,194 | |||||
90 | First Solar, Inc.(a) | 8,924 | ||||||
50 | Ichor Holdings Ltd.(a) | 1,805 | ||||||
93 | Intel Corp. | 5,162 | ||||||
4 | Lam Research Corp. | 1,936 | ||||||
11 | Micron Technology, Inc.(a) | 861 | ||||||
72 | NVIDIA Corp. | 37,410 | ||||||
121 | QUALCOMM, Inc. | 18,910 | ||||||
33 | Silicon Laboratories, Inc.(a) | 4,329 | ||||||
44 | Texas Instruments, Inc. | 7,290 | ||||||
18 | Universal Display Corp. | 4,155 | ||||||
5 | Xilinx, Inc. | 653 | ||||||
|
| |||||||
111,936 | ||||||||
|
| |||||||
Software — 4.2% |
| |||||||
19 | Adobe, Inc.(a) | 8,717 | ||||||
19 | ANSYS, Inc.(a) | 6,733 | ||||||
100 | Autodesk, Inc.(a) | 27,743 | ||||||
23 | Blackbaud, Inc. | 1,529 | ||||||
32 | Bottomline Technologies, Inc.(a) | 1,529 | ||||||
5 | Citrix Systems, Inc. | 667 | ||||||
11 | Fair Isaac Corp.(a) | 4,951 | ||||||
124 | Microsoft Corp. | 28,763 | ||||||
19 | NortonLifeLock, Inc. | 400 | ||||||
390 | Oracle Corp. | 23,568 | ||||||
21 | Paylocity Holding Corp.(a) | 3,937 | ||||||
30 | PTC, Inc.(a) | 3,987 | ||||||
20 | Qualys, Inc.(a) | 2,769 | ||||||
94 | salesforce.com, Inc.(a) | 21,203 | ||||||
35 | SPS Commerce, Inc.(a) | 3,461 | ||||||
99 | Workday, Inc., Class A(a) | 22,525 | ||||||
|
| |||||||
162,482 | ||||||||
|
| |||||||
Specialty Retail — 1.0% |
| |||||||
67 | American Eagle Outfitters, Inc. | 1,520 | ||||||
28 | Asbury Automotive Group, Inc.(a) | 3,993 | ||||||
2 | AutoZone, Inc.(a) | 2,237 | ||||||
18 | Best Buy Co., Inc. | 1,959 | ||||||
14 | Five Below, Inc.(a) | 2,460 | ||||||
34 | Gap, Inc. (The)(a) | 688 | ||||||
43 | Home Depot, Inc. (The) | 11,645 | ||||||
20 | Lithia Motors, Inc., Class A | 6,374 | ||||||
9 | Lowe’s Cos., Inc. | 1,502 | ||||||
19 | Monro, Inc. | 1,111 | ||||||
9 | TJX Cos., Inc. (The) | 576 | ||||||
4 | Ulta Beauty, Inc.(a) | 1,119 | ||||||
28 | Williams-Sonoma, Inc. | 3,610 | ||||||
|
| |||||||
38,794 | ||||||||
|
| |||||||
Technology Hardware, Storage & Peripherals — 0.5% |
| |||||||
613 | Hewlett Packard Enterprise Co. | 7,565 | ||||||
395 | HP, Inc. | 9,614 | ||||||
65 | NCR Corp.(a) | 2,168 | ||||||
13 | Seagate Technology PLC | 860 | ||||||
|
| |||||||
20,207 | ||||||||
|
| |||||||
Textiles, Apparel & Luxury Goods — 0.5% |
| |||||||
17 | Deckers Outdoor Corp.(a) | 4,963 | ||||||
544 | Under Armour, Inc., Class A(a) | 9,520 | ||||||
40 | VF Corp. | 3,075 | ||||||
59 | Wolverine World Wide, Inc. | 1,690 | ||||||
|
| |||||||
19,248 | ||||||||
|
| |||||||
Thrifts & Mortgage Finance — 0.1% |
| |||||||
85 | Mr. Cooper Group, Inc.(a) | 2,315 | ||||||
225 | New York Community Bancorp, Inc. | 2,353 | ||||||
|
| |||||||
4,668 | ||||||||
|
| |||||||
Trading Companies & Distributors — 0.0% |
| |||||||
19 | GATX Corp. | $ | 1,763 | |||||
|
| |||||||
Water Utilities — 0.3% |
| |||||||
26 | American Water Works Co., Inc. | 4,134 | ||||||
149 | Essential Utilities, Inc. | 6,899 | ||||||
|
| |||||||
11,033 | ||||||||
|
| |||||||
Wireless Telecommunication Services — 0.2% |
| |||||||
43 | Shenandoah Telecommunications Co. | 1,672 | ||||||
41 | T-Mobile US, Inc.(a) | 5,169 | ||||||
|
| |||||||
6,841 | ||||||||
|
| |||||||
Total Common Stocks (Identified Cost $1,910,721) | 2,213,000 | |||||||
|
| |||||||
Principal Amount | ||||||||
Bonds and Notes — 3.5% | ||||||||
Automotive — 0.1% | ||||||||
$ | 2,000 | General Motors Financial Co., Inc., 4.350%, 1/17/2027 | 2,291 | |||||
|
| |||||||
Banking — 0.5% | ||||||||
2,000 | American Express Co., 3.700%, 8/03/2023 | 2,159 | ||||||
1,000 | Bank of New York Mellon Corp. (The), Series 12, MTN, 3.650%, 2/04/2024 | 1,094 | ||||||
2,000 | BNP Paribas S.A., MTN, 3.250%, 3/03/2023 | 2,125 | ||||||
1,000 | Citigroup, Inc., 4.600%, 3/09/2026 | 1,160 | ||||||
2,000 | Goldman Sachs Group, Inc. (The), 3.750%, 5/22/2025 | 2,227 | ||||||
2,000 | JPMorgan Chase & Co., (fixed rate to 3/01/2024, variable rate thereafter), 3.220%, 3/01/2025 | 2,155 | ||||||
2,000 | KeyCorp, MTN, 2.550%, 10/01/2029 | 2,133 | ||||||
1,000 | Morgan Stanley, Series F, 3.875%, 4/29/2024 | 1,104 | ||||||
2,000 | PNC Financial Services Group, Inc. (The), 2.600%, 7/23/2026 | 2,182 | ||||||
2,000 | Royal Bank of Canada, GMTN, 2.550%, 7/16/2024 | 2,137 | ||||||
2,000 | Truist Bank, 3.200%, 4/01/2024 | 2,168 | ||||||
2,000 | Wells Fargo & Co., MTN, 3.000%, 2/19/2025 | 2,163 | ||||||
|
| |||||||
22,807 | ||||||||
|
| |||||||
Brokerage — 0.1% | ||||||||
2,000 | BlackRock, Inc., 2.400%, 4/30/2030 | 2,149 | ||||||
1,000 | Intercontinental Exchange, Inc., 3.000%, 6/15/2050 | 1,024 | ||||||
|
| |||||||
3,173 | ||||||||
|
| |||||||
Construction Machinery — 0.1% | ||||||||
2,000 | Caterpillar Financial Services Corp., 0.650%, 7/07/2023 | 2,015 | ||||||
|
| |||||||
Electric — 0.1% | ||||||||
2,000 | Duke Energy Corp., 3.750%, 4/15/2024 | 2,186 | ||||||
2,000 | Entergy Corp., 0.900%, 9/15/2025 | 1,996 | ||||||
2,000 | NextEra Energy Capital Holdings, Inc., 2.250%, 6/01/2030 | 2,070 | ||||||
|
| |||||||
6,252 | ||||||||
|
| |||||||
Food & Beverage — 0.1% | ||||||||
2,000 | Mondelez International, Inc., 2.750%, 4/13/2030 | 2,162 | ||||||
|
| |||||||
Government Owned – No Guarantee — 0.1% | ||||||||
2,000 | Federal National Mortgage Association, 6.625%, 11/15/2030 | 2,995 | ||||||
|
| |||||||
Health Insurance — 0.1% | ||||||||
1,000 | Anthem, Inc., 4.101%, 3/01/2028 | 1,169 | ||||||
1,000 | UnitedHealth Group, Inc., 5.800%, 3/15/2036 | 1,450 | ||||||
|
| |||||||
2,619 | ||||||||
|
| |||||||
Healthcare — 0.0% | ||||||||
1,000 | CVS Health Corp., 4.300%, 3/25/2028 | 1,175 | ||||||
|
| |||||||
Independent Energy — 0.1% | ||||||||
2,000 | EQT Corp., 3.000%, 10/01/2022 | 2,031 | ||||||
|
|
See accompanying notes to financial statements.
83 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2055 Fund – (continued)
Principal Amount | Description | Value (†) | ||||||
Integrated Energy — 0.1% | ||||||||
$ | 1,000 | BP Capital Markets PLC, 3.814%, 2/10/2024 | $ | 1,095 | ||||
1,000 | Shell International Finance BV, 6.375%, 12/15/2038 | 1,514 | ||||||
|
| |||||||
2,609 | ||||||||
|
| |||||||
Midstream — 0.1% | ||||||||
2,000 | Energy Transfer Operating LP, 4.050%, 3/15/2025 | 2,182 | ||||||
1,000 | Kinder Morgan Energy Partners LP, 4.150%, 2/01/2024 | 1,091 | ||||||
|
| |||||||
3,273 | ||||||||
|
| |||||||
Mortgage Related — 0.5% | ||||||||
6,000 | FNMA, 2.500%, 2/01/2051 | 6,320 | ||||||
7,651 | FNMA, 3.000%, with various maturities from 2034 to 2049(b) | 8,057 | ||||||
4,886 | FNMA, 3.500%, with various maturities in 2049(b) | 5,191 | ||||||
2,202 | FNMA, 4.000%, with various maturities from 2049 to 2050(b) | 2,359 | ||||||
1,241 | FNMA, 4.500%, with various maturities from 2048 to 2049(b) | 1,348 | ||||||
|
| |||||||
23,275 | ||||||||
|
| |||||||
Natural Gas — 0.1% | ||||||||
2,000 | NiSource, Inc., 0.950%, 8/15/2025 | 2,002 | ||||||
|
| |||||||
Oil Field Services — 0.1% | ||||||||
2,000 | Baker Hughes a GE Co. LLC/Baker Hughes Co-Obligor, Inc., 2.773%, 12/15/2022 | 2,083 | ||||||
|
| |||||||
Pharmaceuticals — 0.0% | ||||||||
1,000 | Johnson & Johnson, 1.300%, 9/01/2030 | 987 | ||||||
|
| |||||||
Railroads — 0.1% | ||||||||
2,000 | CSX Corp., 2.600%, 11/01/2026 | 2,177 | ||||||
|
| |||||||
REITs – Office Property — 0.0% | ||||||||
1,000 | Boston Properties LP, 2.750%, 10/01/2026 | 1,083 | ||||||
|
| |||||||
Restaurants — 0.1% | ||||||||
2,000 | Starbucks Corp., 2.250%, 3/12/2030 | 2,083 | ||||||
|
| |||||||
Technology — 0.1% | ||||||||
1,000 | Apple, Inc., 2.500%, 2/09/2025 | 1,076 | ||||||
1,000 | International Business Machines Corp., 4.000%, 6/20/2042 | 1,196 | ||||||
|
| |||||||
2,272 | ||||||||
|
| |||||||
Treasuries — 1.0% | ||||||||
1,000 | U.S. Treasury Bond, 2.500%, 5/15/2046 | 1,148 | ||||||
4,000 | U.S. Treasury Bond, 2.875%, 11/15/2046 | 4,911 | ||||||
4,000 | U.S. Treasury Bond, 3.000%, 5/15/2045 | 4,994 | ||||||
1,000 | U.S. Treasury Bond, 3.000%, 2/15/2048 | 1,260 | ||||||
3,000 | U.S. Treasury Bond, 3.000%, 2/15/2049 | 3,798 | ||||||
1,000 | U.S. Treasury Bond, 4.250%, 11/15/2040 | 1,455 | ||||||
1,000 | U.S. Treasury Bond, 4.375%, 5/15/2041 | 1,483 | ||||||
1,000 | U.S. Treasury Bond, 4.500%, 2/15/2036 | 1,432 | ||||||
7,000 | U.S. Treasury Note, 0.375%, 11/30/2025 | 6,989 | ||||||
4,000 | U.S. Treasury Note, 1.125%, 9/30/2021 | 4,028 | ||||||
6,000 | U.S. Treasury Note, 1.625%, 8/31/2022 | 6,143 | ||||||
6,000 | U.S. Treasury Note, 2.125%, 12/31/2022 | 6,229 | ||||||
|
| |||||||
43,870 | ||||||||
|
| |||||||
Wireless — 0.0% | ||||||||
1,000 | Vodafone Group PLC, 6.150%, 2/27/2037 | 1,397 | ||||||
|
| |||||||
Total Bonds and Notes (Identified Cost $132,543) | 134,631 | |||||||
|
| |||||||
Shares | Description | Value (†) | ||||||
Exchange-Traded Funds — 9.3% | ||||||||
4,927 | iShares® ESG Aware MSCI EAFE ETF (Identified Cost $319,787) | $ | 356,419 | |||||
|
| |||||||
Affiliated Mutual Funds — 25.7% | ||||||||
5,676 | Mirova Global Green Bond Fund, Class N | 60,961 | ||||||
27,382 | Mirova International Sustainable Equity Fund, Class N | 372,937 | ||||||
9,812 | WCM Focused Emerging Markets Fund, Institutional Class | 196,838 | ||||||
14,400 | WCM Focused International Growth Fund, Institutional Class | 354,813 | ||||||
|
| |||||||
Total Affiliated Mutual Funds (Identified Cost $890,828) | 985,549 | |||||||
|
| |||||||
Principal Amount | ||||||||
Short-Term Investments — 4.9% | ||||||||
$ | 187,959 | Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 1/29/2021 at 0.000% to be repurchased at $187,959 on 2/01/2021 collateralized by $170,400 U.S. Treasury Note, 2.750% due 5/31/2023 valued at $181,496; $10,100 U.S. Treasury Note, 2.750% due 4/30/2023 valued at $10,760 including accrued interest (Note 2 of Notes to Financial Statements) (Identified Cost $187,959) | 187,959 | |||||
|
| |||||||
Total Investments — 101.1% (Identified Cost $3,441,838) | 3,877,558 | |||||||
Other assets less liabilities — (1.1)% | (41,288 | ) | ||||||
|
| |||||||
Net Assets — 100.0% | $ | 3,836,270 | ||||||
|
| |||||||
(†) | See Note 2 of Notes to Financial Statements. |
| ||||||
(a) | Non-income producing security. |
| ||||||
(b) | The Fund’s investment in mortgage related securities of Federal National Mortgage Association are interests in separate pools of mortgages. All separate investments in securities of each issuer which have the same coupon rate have been aggregated for the purpose of presentation in the Portfolio of Investments. |
| ||||||
ADR | An American Depositary Receipt is a certificate issued by a custodian bank representing the right to receive securities of the foreign issuer described. The values of ADRs may be significantly influenced by trading on exchanges not located in the United States. |
| ||||||
ETF | Exchange-Traded Fund |
| ||||||
FNMA | Federal National Mortgage Association |
| ||||||
GMTN | Global Medium Term Note |
| ||||||
MTN | Medium Term Note |
| ||||||
REITs | Real Estate Investment Trusts |
|
Asset Allocation Summary at January 31, 2021
Equity | 91.1 | % | ||
Fixed Income | 5.1 | |||
Short-Term Investments | 4.9 | |||
|
| |||
Total Investments | 101.1 | |||
Other assets less liabilities | (1.1 | ) | ||
|
| |||
Net Assets | 100.0 | % | ||
|
|
See accompanying notes to financial statements.
| 84
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2060 Fund
Shares | Description | Value (†) | ||||||
Common Stocks — 59.5% of Net Assets | ||||||||
Aerospace & Defense — 0.9% |
| |||||||
17 | Axon Enterprise, Inc.(a) | $ | 2,791 | |||||
100 | Boeing Co. (The) | 19,419 | ||||||
42 | General Dynamics Corp. | 6,161 | ||||||
3 | L3Harris Technologies, Inc. | 514 | ||||||
22 | Moog, Inc., Class A | 1,625 | ||||||
53 | Raytheon Technologies Corp. | 3,537 | ||||||
|
| |||||||
34,047 | ||||||||
|
| |||||||
Air Freight & Logistics — 0.5% |
| |||||||
167 | Expeditors International of Washington, Inc. | 14,950 | ||||||
29 | United Parcel Service, Inc., Class B | 4,495 | ||||||
|
| |||||||
19,445 | ||||||||
|
| |||||||
Airlines — 0.1% |
| |||||||
11 | Alaska Air Group, Inc. | 537 | ||||||
38 | Delta Air Lines, Inc. | 1,443 | ||||||
241 | JetBlue Airways Corp.(a) | 3,456 | ||||||
|
| |||||||
5,436 | ||||||||
|
| |||||||
Auto Components — 0.5% |
| |||||||
82 | Aptiv PLC | 10,955 | ||||||
15 | BorgWarner, Inc. | 630 | ||||||
163 | Dana, Inc. | 3,156 | ||||||
22 | Visteon Corp.(a) | 2,804 | ||||||
|
| |||||||
17,545 | ||||||||
|
| |||||||
Automobiles — 0.5% |
| |||||||
304 | General Motors Co. | 15,407 | ||||||
23 | Thor Industries, Inc. | 2,783 | ||||||
|
| |||||||
18,190 | ||||||||
|
| |||||||
Banks — 2.9% |
| |||||||
63 | Ameris Bancorp | 2,464 | ||||||
106 | BancorpSouth Bank | 2,931 | ||||||
547 | Bank of America Corp. | 16,219 | ||||||
271 | Citigroup, Inc. | 15,715 | ||||||
94 | Citizens Financial Group, Inc. | 3,425 | ||||||
86 | Columbia Banking System, Inc. | 3,313 | ||||||
9 | Comerica, Inc. | 515 | ||||||
55 | Cullen/Frost Bankers, Inc. | 5,073 | ||||||
34 | Fifth Third Bancorp | 984 | ||||||
186 | Fulton Financial Corp. | 2,492 | ||||||
90 | Huntington Bancshares, Inc. | 1,190 | ||||||
100 | International Bancshares Corp. | 3,781 | ||||||
146 | KeyCorp | 2,462 | ||||||
24 | M&T Bank Corp. | 3,179 | ||||||
134 | People’s United Financial, Inc. | 1,830 | ||||||
57 | PNC Financial Services Group, Inc. (The) | 8,181 | ||||||
139 | Regions Financial Corp. | 2,364 | ||||||
91 | TCF Financial Corp. | 3,536 | ||||||
158 | Truist Financial Corp. | 7,581 | ||||||
155 | Trustmark Corp. | 4,258 | ||||||
66 | U.S. Bancorp | 2,828 | ||||||
274 | Wells Fargo & Co. | 8,187 | ||||||
41 | Wintrust Financial Corp. | 2,468 | ||||||
|
| |||||||
104,976 | ||||||||
|
| |||||||
Beverages — 1.5% |
| |||||||
138 | Coca-Cola Co. (The) | 6,645 | ||||||
58 | Constellation Brands, Inc., Class A | 12,234 | ||||||
235 | Keurig Dr Pepper, Inc. | 7,473 | ||||||
263 | Monster Beverage Corp.(a) | 22,836 | ||||||
50 | PepsiCo, Inc. | 6,828 | ||||||
|
| |||||||
56,016 | ||||||||
|
| |||||||
Biotechnology — 1.3% |
| |||||||
32 | AbbVie, Inc. | 3,280 | ||||||
31 | Amgen, Inc. | 7,484 | ||||||
10 | Biogen, Inc.(a) | 2,826 | ||||||
67 | BioMarin Pharmaceutical, Inc.(a) | 5,546 | ||||||
84 | Gilead Sciences, Inc. | 5,511 | ||||||
15 | Ligand Pharmaceuticals, Inc.(a) | 2,780 | ||||||
42 | Regeneron Pharmaceuticals, Inc.(a) | 21,161 | ||||||
|
| |||||||
48,588 | ||||||||
|
| |||||||
Building Products — 0.3% |
| |||||||
20 | Carrier Global Corp. | 770 | ||||||
18 | Johnson Controls International PLC | 896 | ||||||
16 | Lennox International, Inc. | 4,408 | ||||||
48 | Owens Corning | 3,725 | ||||||
31 | Trex Co., Inc.(a) | 2,845 | ||||||
|
| |||||||
12,644 | ||||||||
|
| |||||||
Capital Markets — 3.7% |
| |||||||
9 | Ameriprise Financial, Inc. | 1,781 | ||||||
435 | Bank of New York Mellon Corp. (The) | 17,326 | ||||||
7 | BlackRock, Inc. | 4,909 | ||||||
330 | Charles Schwab Corp. (The) | 17,008 | ||||||
13 | CME Group, Inc. | 2,363 | ||||||
36 | FactSet Research Systems, Inc. | 10,884 | ||||||
56 | Franklin Resources, Inc. | 1,472 | ||||||
43 | Goldman Sachs Group, Inc. (The) | 11,660 | ||||||
23 | Intercontinental Exchange, Inc. | 2,538 | ||||||
18 | Invesco Ltd. | 371 | ||||||
75 | Janus Henderson Group PLC | 2,307 | ||||||
98 | KKR & Co., Inc. | 3,817 | ||||||
20 | Moody’s Corp. | 5,325 | ||||||
8 | Morgan Stanley | 537 | ||||||
19 | MSCI, Inc. | 7,511 | ||||||
81 | Northern Trust Corp. | 7,224 | ||||||
27 | S&P Global, Inc. | 8,559 | ||||||
145 | SEI Investments Co. | 7,663 | ||||||
290 | State Street Corp. | 20,300 | ||||||
6 | T. Rowe Price Group, Inc. | 939 | ||||||
|
| |||||||
134,494 | ||||||||
|
| |||||||
Chemicals — 0.7% |
| |||||||
6 | Air Products & Chemicals, Inc. | 1,601 | ||||||
17 | DuPont de Nemours, Inc. | 1,351 | ||||||
5 | Ecolab, Inc. | 1,022 | ||||||
41 | HB Fuller Co. | 2,086 | ||||||
31 | Innospec, Inc. | 2,721 | ||||||
36 | Linde PLC | 8,834 | ||||||
35 | Minerals Technologies, Inc. | 2,157 | ||||||
5 | PPG Industries, Inc. | 674 | ||||||
2 | Sherwin-Williams Co. (The) | 1,384 | ||||||
20 | Stepan Co. | 2,254 | ||||||
|
| |||||||
24,084 | ||||||||
|
| |||||||
Commercial Services & Supplies — 0.3% |
| |||||||
44 | Healthcare Services Group, Inc. | 1,426 | ||||||
21 | MSA Safety, Inc. | 3,279 | ||||||
8 | Republic Services, Inc. | 724 | ||||||
33 | Tetra Tech, Inc. | 4,012 | ||||||
9 | Waste Management, Inc. | 1,002 | ||||||
|
| |||||||
10,443 | ||||||||
|
| |||||||
Communications Equipment — 0.7% |
| |||||||
22 | Arista Networks, Inc.(a) | 6,766 | ||||||
50 | Ciena Corp.(a) | 2,669 | ||||||
267 | Cisco Systems, Inc. | 11,903 | ||||||
6 | F5 Networks, Inc.(a) | 1,176 |
See accompanying notes to financial statements.
85 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2060 Fund – (continued)
Shares | Description | Value (†) | ||||||
Communications Equipment — continued |
| |||||||
30 | Lumentum Holdings, Inc.(a) | 2,814 | ||||||
|
| |||||||
25,328 | ||||||||
|
| |||||||
Construction & Engineering — 0.2% |
| |||||||
101 | AECOM(a) | 5,060 | ||||||
116 | Fluor Corp. | 2,006 | ||||||
|
| |||||||
7,066 | ||||||||
|
| |||||||
Consumer Finance — 1.5% |
| |||||||
526 | Ally Financial, Inc. | 19,904 | ||||||
113 | American Express Co. | 13,137 | ||||||
179 | Capital One Financial Corp. | 18,663 | ||||||
25 | Green Dot Corp., Class A(a) | 1,256 | ||||||
24 | PROG Holdings, Inc. | 1,132 | ||||||
|
| |||||||
54,092 | ||||||||
|
| |||||||
Containers & Packaging — 0.2% |
| |||||||
42 | Ball Corp. | 3,697 | ||||||
29 | International Paper Co. | 1,459 | ||||||
148 | O-I Glass, Inc. | 1,870 | ||||||
|
| |||||||
7,026 | ||||||||
|
| |||||||
Distributors — 0.1% |
| |||||||
27 | Genuine Parts Co. | 2,535 | ||||||
|
| |||||||
Diversified Telecommunication Services — 0.3% |
| |||||||
106 | AT&T, Inc. | 3,035 | ||||||
648 | Lumen Technologies, Inc. | 8,022 | ||||||
|
| |||||||
11,057 | ||||||||
|
| |||||||
Electric Utilities — 0.8% |
| |||||||
85 | American Electric Power Co., Inc. | 6,877 | ||||||
122 | Edison International | 7,096 | ||||||
19 | Eversource Energy | 1,662 | ||||||
27 | IDACORP, Inc. | 2,384 | ||||||
111 | NextEra Energy, Inc. | 8,977 | ||||||
33 | PPL Corp. | 913 | ||||||
|
| |||||||
27,909 | ||||||||
|
| |||||||
Electrical Equipment — 0.7% |
| |||||||
10 | Acuity Brands, Inc. | 1,202 | ||||||
202 | Ballard Power Systems, Inc.(a) | 6,902 | ||||||
30 | Eaton Corp. PLC | 3,531 | ||||||
18 | Generac Holdings, Inc.(a) | 4,436 | ||||||
19 | Hubbell, Inc. | 2,957 | ||||||
18 | Rockwell Automation, Inc. | 4,474 | ||||||
31 | Sunrun, Inc.(a) | 2,147 | ||||||
|
| |||||||
25,649 | ||||||||
|
| |||||||
Electronic Equipment, Instruments & Components — 1.0% |
| |||||||
6 | Amphenol Corp., Class A | 749 | ||||||
52 | Avnet, Inc. | 1,836 | ||||||
57 | Cognex Corp. | 4,682 | ||||||
12 | Coherent, Inc.(a) | 2,410 | ||||||
30 | Corning, Inc. | 1,076 | ||||||
70 | Itron, Inc.(a) | 6,021 | ||||||
11 | Littelfuse, Inc. | 2,677 | ||||||
10 | Rogers Corp.(a) | 1,561 | ||||||
80 | TE Connectivity Ltd. | 9,632 | ||||||
68 | Trimble, Inc.(a) | 4,482 | ||||||
101 | Vishay Intertechnology, Inc. | 2,177 | ||||||
|
| |||||||
37,303 | ||||||||
|
| |||||||
Energy Equipment & Services — 0.4% |
| |||||||
427 | Archrock, Inc. | 3,788 | ||||||
67 | Baker Hughes Co. | 1,346 | ||||||
68 | NOV, Inc. | 842 | ||||||
345 | Schlumberger NV | 7,662 | ||||||
Energy Equipment & Services — continued |
| |||||||
47 | TechnipFMC PLC | $ | 502 | |||||
|
| |||||||
14,140 | ||||||||
|
| |||||||
Entertainment — 1.3% |
| |||||||
25 | Activision Blizzard, Inc. | 2,275 | ||||||
48 | Cinemark Holdings, Inc. | 971 | ||||||
38 | Electronic Arts, Inc. | 5,442 | ||||||
20 | Netflix, Inc.(a) | 10,648 | ||||||
173 | Walt Disney Co. (The)(a) | 29,093 | ||||||
|
| |||||||
48,429 | ||||||||
|
| |||||||
Food & Staples Retailing — 0.2% |
| |||||||
40 | BJ’s Wholesale Club Holdings, Inc.(a) | 1,683 | ||||||
44 | Kroger Co. (The) | 1,518 | ||||||
128 | SpartanNash Co. | 2,371 | ||||||
16 | Sysco Corp. | 1,144 | ||||||
37 | Walgreens Boots Alliance, Inc. | 1,859 | ||||||
|
| |||||||
8,575 | ||||||||
|
| |||||||
Food Products — 0.5% |
| |||||||
42 | Campbell Soup Co. | 2,021 | ||||||
22 | Conagra Brands, Inc. | 761 | ||||||
54 | Darling Ingredients, Inc.(a) | 3,349 | ||||||
31 | General Mills, Inc. | 1,801 | ||||||
54 | Hain Celestial Group, Inc. (The)(a) | 2,246 | ||||||
42 | Hormel Foods Corp. | 1,968 | ||||||
27 | Ingredion, Inc. | 2,038 | ||||||
8 | J.M. Smucker Co. (The) | 931 | ||||||
15 | Kellogg Co. | 884 | ||||||
8 | McCormick & Co., Inc. | 716 | ||||||
|
| |||||||
16,715 | ||||||||
|
| |||||||
Gas Utilities — 0.2% |
| |||||||
55 | New Jersey Resources Corp. | 1,926 | ||||||
34 | ONE Gas, Inc. | 2,486 | ||||||
62 | South Jersey Industries, Inc. | 1,432 | ||||||
68 | UGI Corp. | 2,447 | ||||||
|
| |||||||
8,291 | ||||||||
|
| |||||||
Health Care Equipment & Supplies — 1.1% |
| |||||||
27 | Abbott Laboratories | 3,337 | ||||||
7 | Baxter International, Inc. | 538 | ||||||
5 | Becton Dickinson & Co. | 1,309 | ||||||
18 | Boston Scientific Corp.(a) | 638 | ||||||
6 | Cooper Cos., Inc. (The) | 2,184 | ||||||
9 | Danaher Corp. | 2,141 | ||||||
13 | DENTSPLY SIRONA, Inc. | 695 | ||||||
28 | Edwards Lifesciences Corp.(a) | 2,312 | ||||||
32 | Globus Medical, Inc., Class A(a) | 1,974 | ||||||
15 | Haemonetics Corp.(a) | 1,714 | ||||||
29 | Hill-Rom Holdings, Inc. | 2,785 | ||||||
15 | Hologic, Inc.(a) | 1,196 | ||||||
8 | Intuitive Surgical, Inc.(a) | 5,981 | ||||||
20 | Medtronic PLC | 2,227 | ||||||
69 | Meridian Bioscience, Inc.(a) | 1,525 | ||||||
22 | Merit Medical Systems, Inc.(a) | 1,191 | ||||||
16 | Penumbra, Inc.(a) | 4,178 | ||||||
9 | Quidel Corp.(a) | 2,259 | ||||||
4 | STERIS PLC | 748 | ||||||
5 | Stryker Corp. | 1,105 | ||||||
5 | Varian Medical Systems, Inc.(a) | 878 | ||||||
|
| |||||||
40,915 | ||||||||
|
| |||||||
Health Care Providers & Services — 2.2% |
| |||||||
11 | Amedisys, Inc.(a) | 3,160 | ||||||
13 | Anthem, Inc. | 3,861 |
See accompanying notes to financial statements.
| 86
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2060 Fund – (continued)
Shares | Description | Value (†) | ||||||
Health Care Providers & Services — continued |
| |||||||
21 | BioTelemetry, Inc.(a) | $ | 1,501 | |||||
87 | Centene Corp.(a) | 5,246 | ||||||
7 | Chemed Corp. | 3,625 | ||||||
17 | Cigna Corp. | 3,690 | ||||||
121 | CVS Health Corp. | 8,670 | ||||||
26 | Encompass Health Corp. | 2,090 | ||||||
97 | HCA Healthcare, Inc. | 15,760 | ||||||
18 | Henry Schein, Inc.(a) | 1,185 | ||||||
35 | Humana, Inc. | 13,409 | ||||||
16 | Laboratory Corp. of America Holdings(a) | 3,663 | ||||||
110 | MEDNAX, Inc.(a) | 3,000 | ||||||
50 | Patterson Cos., Inc. | 1,584 | ||||||
25 | Quest Diagnostics, Inc. | 3,229 | ||||||
17 | UnitedHealth Group, Inc. | 5,671 | ||||||
|
| |||||||
79,344 | ||||||||
|
| |||||||
Health Care Technology — 0.4% |
| |||||||
107 | Allscripts Healthcare Solutions, Inc.(a) | 1,766 | ||||||
131 | Cerner Corp. | 10,494 | ||||||
51 | HMS Holdings Corp.(a) | 1,878 | ||||||
|
| |||||||
14,138 | ||||||||
|
| |||||||
Hotels, Restaurants & Leisure — 1.7% |
| |||||||
2 | Chipotle Mexican Grill, Inc.(a) | 2,960 | ||||||
25 | Dine Brands Global, Inc. | 1,719 | ||||||
101 | Hilton Worldwide Holdings, Inc. | 10,240 | ||||||
35 | Jack in the Box, Inc. | 3,295 | ||||||
341 | MGM Resorts International | 9,739 | ||||||
11 | Royal Caribbean Cruises Ltd. | 715 | ||||||
39 | Shake Shack, Inc., Class A(a) | 4,423 | ||||||
141 | Starbucks Corp. | 13,650 | ||||||
106 | Wendy’s Co. (The) | 2,163 | ||||||
147 | Yum China Holdings, Inc. | 8,336 | ||||||
50 | Yum! Brands, Inc. | 5,075 | ||||||
|
| |||||||
62,315 | ||||||||
|
| |||||||
Household Durables — 0.4% |
| |||||||
90 | KB Home | 3,747 | ||||||
68 | Meritage Homes Corp.(a) | 5,458 | ||||||
8 | Mohawk Industries, Inc.(a) | 1,149 | ||||||
115 | Taylor Morrison Home Corp.(a) | 2,988 | ||||||
|
| |||||||
13,342 | ||||||||
|
| |||||||
Household Products — 0.6% |
| |||||||
4 | Clorox Co. (The) | 838 | ||||||
126 | Colgate-Palmolive Co. | 9,828 | ||||||
74 | Kimberly-Clark Corp. | 9,775 | ||||||
|
| |||||||
20,441 | ||||||||
|
| |||||||
Independent Power & Renewable Electricity Producers — 0.5% |
| |||||||
48 | AES Corp. (The) | 1,171 | ||||||
62 | Boralex, Inc., Class A | 2,428 | ||||||
97 | NextEra Energy Partners LP | 7,905 | ||||||
37 | Ormat Technologies, Inc. | 4,224 | ||||||
63 | Sunnova Energy International, Inc.(a) | 2,763 | ||||||
|
| |||||||
18,491 | ||||||||
|
| |||||||
Industrial Conglomerates — 0.4% |
| |||||||
15 | Carlisle Cos., Inc. | 2,174 | ||||||
1,020 | General Electric Co. | 10,894 | ||||||
6 | Honeywell International, Inc. | 1,172 | ||||||
|
| |||||||
14,240 | ||||||||
|
| |||||||
Insurance — 1.7% |
| |||||||
16 | Aflac, Inc. | 723 | ||||||
26 | Allstate Corp. (The) | 2,787 | ||||||
283 | American International Group, Inc. | 10,596 | ||||||
Insurance — continued |
| |||||||
46 | Chubb Ltd. | 6,701 | ||||||
49 | First American Financial Corp. | 2,562 | ||||||
18 | Hanover Insurance Group, Inc. (The) | 2,024 | ||||||
71 | Hartford Financial Services Group, Inc. (The) | 3,409 | ||||||
13 | Lincoln National Corp. | 591 | ||||||
29 | Marsh & McLennan Cos., Inc. | 3,187 | ||||||
166 | MetLife, Inc. | 7,993 | ||||||
42 | Prudential Financial, Inc. | 3,288 | ||||||
140 | Reinsurance Group of America, Inc. | 14,707 | ||||||
22 | Travelers Cos., Inc. (The) | 2,999 | ||||||
|
| |||||||
61,567 | ||||||||
|
| |||||||
Interactive Media & Services — 2.8% |
| |||||||
14 | Alphabet, Inc., Class A(a) | 25,583 | ||||||
19 | Alphabet, Inc., Class C(a) | 34,879 | ||||||
163 | Facebook, Inc., Class A(a) | 42,108 | ||||||
|
| |||||||
102,570 | ||||||||
|
| |||||||
Internet & Direct Marketing Retail — 2.8% |
| |||||||
105 | Alibaba Group Holding Ltd., Sponsored ADR(a) | 26,652 | ||||||
12 | Amazon.com, Inc.(a) | 38,474 | ||||||
7 | Booking Holdings, Inc.(a) | 13,610 | ||||||
295 | eBay, Inc. | 16,671 | ||||||
4 | Etsy, Inc.(a) | 796 | ||||||
5 | Expedia Group, Inc. | 621 | ||||||
391 | Qurate Retail, Inc., Class A | 4,927 | ||||||
|
| |||||||
101,751 | ||||||||
|
| |||||||
IT Services — 3.0% |
| |||||||
33 | Accenture PLC, Class A | 7,983 | ||||||
62 | Akamai Technologies, Inc.(a) | 6,884 | ||||||
87 | Automatic Data Processing, Inc. | 14,366 | ||||||
35 | Cognizant Technology Solutions Corp., Class A | 2,728 | ||||||
377 | DXC Technology Co. | 10,631 | ||||||
51 | Fiserv, Inc.(a) | 5,237 | ||||||
65 | Gartner, Inc.(a) | 9,874 | ||||||
48 | MasterCard, Inc., Class A | 15,182 | ||||||
15 | Paychex, Inc. | 1,310 | ||||||
145 | Sabre Corp. | 1,563 | ||||||
10 | VeriSign, Inc.(a) | 1,941 | ||||||
154 | Visa, Inc., Class A | 29,761 | ||||||
15 | WEX, Inc.(a) | 2,829 | ||||||
|
| |||||||
110,289 | ||||||||
|
| |||||||
Leisure Products — 0.0% |
| |||||||
65 | Callaway Golf Co. | 1,813 | ||||||
|
| |||||||
Life Sciences Tools & Services — 0.8% |
| |||||||
12 | Agilent Technologies, Inc. | 1,442 | ||||||
33 | Illumina, Inc.(a) | 14,072 | ||||||
6 | IQVIA Holdings, Inc.(a) | 1,067 | ||||||
63 | NeoGenomics, Inc.(a) | 3,340 | ||||||
28 | Repligen Corp.(a) | 5,600 | ||||||
7 | Thermo Fisher Scientific, Inc. | 3,568 | ||||||
6 | Waters Corp.(a) | 1,588 | ||||||
|
| |||||||
30,677 | ||||||||
|
| |||||||
Machinery — 2.5% |
| |||||||
37 | AGCO Corp. | 4,103 | ||||||
101 | Caterpillar, Inc. | 18,467 | ||||||
40 | Cummins, Inc. | 9,377 | ||||||
94 | Deere & Co. | 27,147 | ||||||
34 | Flowserve Corp. | 1,209 | ||||||
9 | Illinois Tool Works, Inc. | 1,748 | ||||||
50 | ITT, Inc. | 3,735 | ||||||
60 | Kennametal, Inc. | 2,273 | ||||||
40 | Oshkosh Corp. | 3,663 |
See accompanying notes to financial statements.
87 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2060 Fund – (continued)
Shares | Description | Value (†) | ||||||
Machinery — continued |
| |||||||
44 | Parker-Hannifin Corp. | $ | 11,643 | |||||
11 | Proto Labs, Inc.(a) | 2,330 | ||||||
47 | Terex Corp. | 1,681 | ||||||
44 | Toro Co. (The) | 4,147 | ||||||
|
| |||||||
91,523 | ||||||||
|
| |||||||
Media — 1.5% |
| |||||||
3 | Cable One, Inc. | 6,000 | ||||||
22 | Charter Communications, Inc., Class A(a) | 13,366 | ||||||
448 | Comcast Corp., Class A | 22,207 | ||||||
21 | Discovery, Inc., Series C(a) | 736 | ||||||
61 | Discovery, Inc., Series A(a) | 2,527 | ||||||
42 | Fox Corp., Class A | 1,310 | ||||||
33 | Interpublic Group of Cos., Inc. (The) | 794 | ||||||
51 | New York Times Co. (The), Class A | 2,529 | ||||||
41 | News Corp., Class A | 795 | ||||||
49 | Omnicom Group, Inc. | 3,057 | ||||||
|
| |||||||
53,321 | ||||||||
|
| |||||||
Metals & Mining — 0.3% |
| |||||||
151 | Cleveland-Cliffs, Inc. | 2,316 | ||||||
85 | Commercial Metals Co. | 1,674 | ||||||
10 | Nucor Corp. | 487 | ||||||
38 | Reliance Steel & Aluminum Co. | 4,411 | ||||||
25 | Royal Gold, Inc. | 2,672 | ||||||
|
| |||||||
11,560 | ||||||||
|
| |||||||
Multi-Utilities — 0.2% |
| |||||||
50 | Consolidated Edison, Inc. | 3,539 | ||||||
21 | DTE Energy Co. | 2,493 | ||||||
19 | Sempra Energy | 2,351 | ||||||
11 | WEC Energy Group, Inc. | 978 | ||||||
|
| |||||||
9,361 | ||||||||
|
| |||||||
Multiline Retail — 0.2% |
| |||||||
218 | Macy’s, Inc. | 3,279 | ||||||
24 | Target Corp. | 4,348 | ||||||
|
| |||||||
7,627 | ||||||||
|
| |||||||
Oil, Gas & Consumable Fuels — 1.1% |
| |||||||
570 | Apache Corp. | 8,140 | ||||||
97 | ConocoPhillips | 3,883 | ||||||
71 | Devon Energy Corp. | 1,169 | ||||||
102 | Diamondback Energy, Inc. | 5,782 | ||||||
240 | EOG Resources, Inc. | 12,230 | ||||||
88 | EQT Corp. | 1,435 | ||||||
77 | Kinder Morgan, Inc. | 1,084 | ||||||
237 | Marathon Oil Corp. | 1,716 | ||||||
45 | ONEOK, Inc. | 1,792 | ||||||
264 | Southwestern Energy Co.(a) | 995 | ||||||
32 | Valero Energy Corp. | 1,806 | ||||||
45 | World Fuel Services Corp. | 1,377 | ||||||
|
| |||||||
41,409 | ||||||||
|
| |||||||
Paper & Forest Products — 0.1% |
| |||||||
63 | Louisiana-Pacific Corp. | 2,395 | ||||||
|
| |||||||
Personal Products — 0.0% |
| |||||||
2 | Estee Lauder Cos., Inc. (The), Class A | 473 | ||||||
|
| |||||||
Pharmaceuticals — 1.5% |
| |||||||
40 | Bristol-Myers Squibb Co. | 2,457 | ||||||
12 | Eli Lilly & Co. | 2,496 | ||||||
22 | Jazz Pharmaceuticals PLC(a) | 3,421 | ||||||
131 | Merck & Co., Inc. | 10,096 | ||||||
163 | Novartis AG, Sponsored ADR | 14,747 | ||||||
61 | Novo Nordisk A/S, Sponsored ADR | 4,246 | ||||||
22 | Perrigo Co. PLC | 939 | ||||||
Pharmaceuticals — continued |
| |||||||
90 | Pfizer, Inc. | 3,231 | ||||||
273 | Roche Holding AG, Sponsored ADR | 11,851 | ||||||
5 | Zoetis, Inc. | 771 | ||||||
|
| |||||||
54,255 | ||||||||
|
| |||||||
Professional Services — 0.3% |
| |||||||
40 | Exponent, Inc. | 3,303 | ||||||
10 | IHS Markit Ltd. | 871 | ||||||
14 | Insperity, Inc. | 1,099 | ||||||
38 | Korn Ferry | 1,733 | ||||||
24 | ManpowerGroup, Inc. | 2,122 | ||||||
28 | Nielsen Holdings PLC | 625 | ||||||
|
| |||||||
9,753 | ||||||||
|
| |||||||
Real Estate Management & Development — 0.2% |
| |||||||
79 | CBRE Group, Inc., Class A(a) | 4,817 | ||||||
19 | Jones Lang LaSalle, Inc.(a) | 2,778 | ||||||
|
| |||||||
7,595 | ||||||||
|
| |||||||
REITs – Apartments — 0.2% |
| |||||||
69 | American Campus Communities, Inc. | 2,840 | ||||||
49 | Camden Property Trust | 5,005 | ||||||
19 | Equity Residential | 1,171 | ||||||
|
| |||||||
9,016 | ||||||||
|
| |||||||
REITs – Diversified — 0.2% |
| |||||||
21 | American Tower Corp. | 4,775 | ||||||
4 | Crown Castle International Corp. | 637 | ||||||
37 | Weyerhaeuser Co. | 1,154 | ||||||
|
| |||||||
6,566 | ||||||||
|
| |||||||
REITs – Health Care — 0.1% |
| |||||||
27 | Ventas, Inc. | 1,244 | ||||||
13 | Welltower, Inc. | 788 | ||||||
|
| |||||||
2,032 | ||||||||
|
| |||||||
REITs – Hotels — 0.1% |
| |||||||
84 | Host Hotels & Resorts, Inc. | 1,138 | ||||||
215 | Park Hotels & Resorts, Inc. | 3,586 | ||||||
|
| |||||||
4,724 | ||||||||
|
| |||||||
REITs – Mortgage — 0.2% |
| |||||||
103 | Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 6,092 | ||||||
|
| |||||||
REITs – Office Property — 0.4% |
| |||||||
7 | Boston Properties, Inc. | 639 | ||||||
104 | Corporate Office Properties Trust | 2,732 | ||||||
125 | Douglas Emmett, Inc. | 3,464 | ||||||
166 | Easterly Government Properties, Inc. | 3,643 | ||||||
52 | Kilroy Realty Corp. | 2,945 | ||||||
|
| |||||||
13,423 | ||||||||
|
| |||||||
REITs – Shopping Centers — 0.1% |
| |||||||
296 | Brixmor Property Group, Inc. | 5,011 | ||||||
|
| |||||||
REITs – Storage — 0.0% |
| |||||||
20 | Iron Mountain, Inc. | 673 | ||||||
|
| |||||||
REITs – Warehouse/Industrials — 0.2% |
| |||||||
33 | CyrusOne, Inc. | 2,407 | ||||||
43 | ProLogis, Inc. | 4,438 | ||||||
|
| |||||||
6,845 | ||||||||
|
| |||||||
Road & Rail — 0.3% |
| |||||||
18 | CSX Corp. | 1,544 | ||||||
22 | Norfolk Southern Corp. | 5,206 | ||||||
32 | Ryder System, Inc. | 2,003 | ||||||
14 | Union Pacific Corp. | 2,764 | ||||||
|
| |||||||
11,517 | ||||||||
|
|
See accompanying notes to financial statements.
| 88
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2060 Fund – (continued)
Shares | Description | Value (†) | ||||||
Semiconductors & Semiconductor Equipment — 3.0% |
| |||||||
25 | Advanced Micro Devices, Inc.(a) | $ | 2,141 | |||||
7 | Analog Devices, Inc. | 1,031 | ||||||
21 | Applied Materials, Inc. | 2,030 | ||||||
42 | Cirrus Logic, Inc.(a) | 3,935 | ||||||
74 | Cree, Inc.(a) | 7,480 | ||||||
23 | Enphase Energy, Inc.(a) | 4,194 | ||||||
92 | First Solar, Inc.(a) | 9,122 | ||||||
52 | Ichor Holdings Ltd.(a) | 1,877 | ||||||
101 | Intel Corp. | 5,607 | ||||||
4 | Lam Research Corp. | 1,936 | ||||||
11 | Micron Technology, Inc.(a) | 861 | ||||||
67 | NVIDIA Corp. | 34,813 | ||||||
115 | QUALCOMM, Inc. | 17,972 | ||||||
32 | Silicon Laboratories, Inc.(a) | 4,197 | ||||||
45 | Texas Instruments, Inc. | 7,456 | ||||||
18 | Universal Display Corp. | 4,155 | ||||||
5 | Xilinx, Inc. | 653 | ||||||
|
| |||||||
109,460 | ||||||||
|
| |||||||
Software — 4.3% |
| |||||||
19 | Adobe, Inc.(a) | 8,717 | ||||||
19 | ANSYS, Inc.(a) | 6,733 | ||||||
93 | Autodesk, Inc.(a) | 25,801 | ||||||
23 | Blackbaud, Inc. | 1,529 | ||||||
31 | Bottomline Technologies, Inc.(a) | 1,481 | ||||||
6 | Citrix Systems, Inc. | 800 | ||||||
11 | Fair Isaac Corp.(a) | 4,951 | ||||||
119 | Microsoft Corp. | 27,603 | ||||||
31 | NortonLifeLock, Inc. | 653 | ||||||
365 | Oracle Corp. | 22,057 | ||||||
21 | Paylocity Holding Corp.(a) | 3,937 | ||||||
30 | PTC, Inc.(a) | 3,987 | ||||||
22 | Qualys, Inc.(a) | 3,047 | ||||||
89 | salesforce.com, Inc.(a) | 20,075 | ||||||
34 | SPS Commerce, Inc.(a) | 3,362 | ||||||
92 | Workday, Inc., Class A(a) | 20,933 | ||||||
|
| |||||||
155,666 | ||||||||
|
| |||||||
Specialty Retail — 1.0% |
| |||||||
70 | American Eagle Outfitters, Inc. | 1,588 | ||||||
27 | Asbury Automotive Group, Inc.(a) | 3,850 | ||||||
2 | AutoZone, Inc.(a) | 2,237 | ||||||
16 | Best Buy Co., Inc. | 1,741 | ||||||
13 | Five Below, Inc.(a) | 2,285 | ||||||
34 | Gap, Inc. (The)(a) | 689 | ||||||
44 | Home Depot, Inc. (The) | 11,916 | ||||||
19 | Lithia Motors, Inc., Class A | 6,055 | ||||||
8 | Lowe’s Cos., Inc. | 1,335 | ||||||
19 | Monro, Inc. | 1,111 | ||||||
10 | TJX Cos., Inc. (The) | 640 | ||||||
4 | Ulta Beauty, Inc.(a) | 1,119 | ||||||
27 | Williams-Sonoma, Inc. | 3,481 | ||||||
|
| |||||||
38,047 | ||||||||
|
| |||||||
Technology Hardware, Storage & Peripherals — 0.6% |
| |||||||
643 | Hewlett Packard Enterprise Co. | 7,935 | ||||||
414 | HP, Inc. | 10,077 | ||||||
66 | NCR Corp.(a) | 2,202 | ||||||
13 | Seagate Technology PLC | 859 | ||||||
|
| |||||||
21,073 | ||||||||
|
| |||||||
Textiles, Apparel & Luxury Goods — 0.5% |
| |||||||
16 | Deckers Outdoor Corp.(a) | 4,672 | ||||||
489 | Under Armour, Inc., Class A(a) | 8,557 | ||||||
40 | VF Corp. | 3,075 | ||||||
Textiles, Apparel & Luxury Goods — continued |
| |||||||
59 | Wolverine World Wide, Inc. | 1,690 | ||||||
|
| |||||||
17,994 | ||||||||
|
| |||||||
Thrifts & Mortgage Finance — 0.1% |
| |||||||
85 | Mr. Cooper Group, Inc.(a) | 2,315 | ||||||
227 | New York Community Bancorp, Inc. | 2,374 | ||||||
|
| |||||||
4,689 | ||||||||
|
| |||||||
Trading Companies & Distributors — 0.1% |
| |||||||
21 | GATX Corp. | 1,949 | ||||||
|
| |||||||
Water Utilities — 0.3% |
| |||||||
28 | American Water Works Co., Inc. | 4,453 | ||||||
161 | Essential Utilities, Inc. | 7,454 | ||||||
|
| |||||||
11,907 | ||||||||
|
| |||||||
Wireless Telecommunication Services — 0.2% |
| |||||||
43 | Shenandoah Telecommunications Co. | 1,671 | ||||||
39 | T-Mobile US, Inc.(a) | 4,917 | ||||||
|
| |||||||
6,588 | ||||||||
|
| |||||||
Total Common Stocks (Identified Cost $1,885,535) | 2,174,460 | |||||||
|
| |||||||
Principal Amount | �� | |||||||
Bonds and Notes — 3.9% | ||||||||
Automotive — 0.1% |
| |||||||
$ | 2,000 | General Motors Financial Co., Inc., 4.350%, 1/17/2027 | 2,291 | |||||
|
| |||||||
Banking — 0.6% |
| |||||||
2,000 | American Express Co., 3.700%, 8/03/2023 | 2,159 | ||||||
2,000 | Bank of America Corp., (fixed rate to 1/20/2022, variable rate thereafter), MTN, 3.124%, 1/20/2023 | 2,052 | ||||||
1,000 | Bank of New York Mellon Corp. (The), Series 12, MTN, 3.650%, 2/04/2024 | 1,093 | ||||||
1,000 | BNP Paribas S.A., MTN, 3.250%, 3/03/2023 | 1,062 | ||||||
1,000 | Citigroup, Inc., 4.600%, 3/09/2026 | 1,160 | ||||||
1,000 | Cooperatieve Rabobank UA, 3.875%, 2/08/2022 | 1,037 | ||||||
1,000 | Deutsche Bank AG, GMTN, 3.375%, 5/12/2021 | 1,008 | ||||||
2,000 | JPMorgan Chase & Co., (fixed rate to 3/01/2024, variable rate thereafter), 3.220%, 3/01/2025 | 2,155 | ||||||
2,000 | KeyCorp, MTN, 2.550%, 10/01/2029 | 2,133 | ||||||
1,000 | Morgan Stanley, Series F, 3.875%, 4/29/2024 | 1,104 | ||||||
2,000 | PNC Financial Services Group, Inc. (The), 2.600%, 7/23/2026 | 2,182 | ||||||
2,000 | Truist Bank, 3.200%, 4/01/2024 | 2,168 | ||||||
2,000 | Wells Fargo & Co., MTN, 3.000%, 2/19/2025 | 2,163 | ||||||
2,000 | Westpac Banking Corp., 2.350%, 2/19/2025 | 2,136 | ||||||
|
| |||||||
23,612 | ||||||||
|
| |||||||
Brokerage — 0.1% |
| |||||||
2,000 | Intercontinental Exchange, Inc., 3.000%, 6/15/2050 | 2,047 | ||||||
|
| |||||||
Construction Machinery — 0.1% |
| |||||||
2,000 | Caterpillar Financial Services Corp., 0.650%, 7/07/2023 | 2,015 | ||||||
|
| |||||||
Consumer Cyclical Services — 0.1% |
| |||||||
2,000 | eBay, Inc., 3.800%, 3/09/2022 | 2,070 | ||||||
|
| |||||||
Electric — 0.1% |
| |||||||
2,000 | Entergy Corp., 0.900%, 9/15/2025 | 1,996 | ||||||
2,000 | NextEra Energy Capital Holdings, Inc., 2.250%, 6/01/2030 | 2,070 | ||||||
2,000 | Virginia Electric & Power Co., Series A, 3.150%, 1/15/2026 | 2,205 | ||||||
|
| |||||||
6,271 | ||||||||
|
|
See accompanying notes to financial statements.
89 |
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2060 Fund – (continued)
Principal Amount | Description | Value (†) | ||||||
Food & Beverage — 0.1% |
| |||||||
$ | 2,000 | Mondelez International, Inc., 2.750%, 4/13/2030 | $ | 2,162 | ||||
|
| |||||||
Government Owned – No Guarantee — 0.1% |
| |||||||
2,000 | Federal National Mortgage Association, 6.625%, 11/15/2030 | 2,995 | ||||||
|
| |||||||
Health Insurance — 0.1% |
| |||||||
1,000 | Anthem, Inc., 4.101%, 3/01/2028 | 1,169 | ||||||
1,000 | UnitedHealth Group, Inc., 5.800%, 3/15/2036 | 1,450 | ||||||
|
| |||||||
2,619 | ||||||||
|
| |||||||
Healthcare — 0.0% |
| |||||||
1,000 | CVS Health Corp., 4.300%, 3/25/2028 | 1,175 | ||||||
|
| |||||||
Independent Energy — 0.1% |
| |||||||
2,000 | EQT Corp., 3.000%, 10/01/2022 | 2,031 | ||||||
|
| |||||||
Integrated Energy — 0.1% |
| |||||||
1,000 | BP Capital Markets PLC, 3.814%, 2/10/2024 | 1,095 | ||||||
2,000 | Exxon Mobil Corp., 2.992%, 3/19/2025 | 2,174 | ||||||
1,000 | Shell International Finance BV, 6.375%, 12/15/2038 | 1,514 | ||||||
|
| |||||||
4,783 | ||||||||
|
| |||||||
Midstream — 0.0% |
| |||||||
1,000 | Kinder Morgan Energy Partners LP, 4.150%, 2/01/2024 | 1,092 | ||||||
|
| |||||||
Mortgage Related — 0.4% |
| |||||||
6,000 | FNMA, 2.500%, 2/01/2051 | 6,319 | ||||||
6,068 | FNMA, 3.000%, with various maturities from 2034 to 2049(b) | 6,389 | ||||||
3,339 | FNMA, 3.500%, with various maturities in 2049(b) | 3,547 | ||||||
633 | FNMA, 4.000%, 3/01/2050 | 679 | ||||||
888 | FNMA, 4.500%, 5/01/2049 | 965 | ||||||
|
| |||||||
17,899 | ||||||||
|
| |||||||
Natural Gas — 0.1% |
| |||||||
2,000 | NiSource, Inc., 0.950%, 8/15/2025 | 2,002 | ||||||
|
| |||||||
Oil Field Services — 0.1% |
| |||||||
2,000 | Baker Hughes a GE Co. LLC/Baker Hughes Co-Obligor, Inc., 2.773%, 12/15/2022 | 2,083 | ||||||
|
| |||||||
Pharmaceuticals — 0.0% |
| |||||||
1,000 | Johnson & Johnson, 1.300%, 9/01/2030 | 986 | ||||||
|
| |||||||
Railroads — 0.1% |
| |||||||
2,000 | CSX Corp., 2.600%, 11/01/2026 | 2,177 | ||||||
|
| |||||||
REITs – Office Property — 0.0% |
| |||||||
1,000 | Boston Properties LP, 2.750%, 10/01/2026 | 1,083 | ||||||
|
| |||||||
Restaurants — 0.1% |
| |||||||
2,000 | Starbucks Corp., 2.250%, 3/12/2030 | 2,083 | ||||||
|
| |||||||
Technology — 0.2% |
| |||||||
1,000 | International Business Machines Corp., 4.000%, 6/20/2042 | 1,196 | ||||||
2,000 | Oracle Corp., 2.950%, 5/15/2025 | 2,176 | ||||||
2,000 | QUALCOMM, Inc., 1.650%, 5/20/2032 | 1,970 | ||||||
2,000 | VMware, Inc., 2.950%, 8/21/2022 | 2,072 | ||||||
|
| |||||||
7,414 | ||||||||
|
| |||||||
Treasuries — 1.3% |
| |||||||
1,000 | U.S. Treasury Bond, 2.500%, 5/15/2046 | 1,148 | ||||||
4,000 | U.S. Treasury Bond, 2.875%, 11/15/2046 | 4,911 | ||||||
3,000 | U.S. Treasury Bond, 3.000%, 5/15/2045 | 3,745 | ||||||
1,000 | U.S. Treasury Bond, 3.000%, 2/15/2048 | 1,261 | ||||||
4,000 | U.S. Treasury Bond, 3.000%, 2/15/2049 | 5,064 | ||||||
1,000 | U.S. Treasury Bond, 4.250%, 11/15/2040 | 1,455 | ||||||
1,000 | U.S. Treasury Bond, 4.375%, 5/15/2041 | 1,483 | ||||||
1,000 | U.S. Treasury Bond, 4.500%, 2/15/2036 | 1,432 | ||||||
9,000 | U.S. Treasury Note, 0.375%, 11/30/2025 | 8,986 | ||||||
Treasuries — continued |
| |||||||
4,000 | U.S. Treasury Note, 1.125%, 9/30/2021 | 4,028 | ||||||
5,000 | U.S. Treasury Note, 1.625%, 8/31/2022 | 5,119 | ||||||
9,000 | U.S. Treasury Note, 2.125%, 12/31/2022 | 9,344 | ||||||
|
| |||||||
47,976 | ||||||||
|
| |||||||
Wireless — 0.0% |
| |||||||
1,000 | Vodafone Group PLC, 6.150%, 2/27/2037 | 1,397 | ||||||
|
| |||||||
Wirelines — 0.0% |
| |||||||
1,000 | Verizon Communications, Inc., 3-month LIBOR + 1.100%, 1.321%, 5/15/2025(c) | 1,029 | ||||||
|
| |||||||
Total Bonds and Notes (Identified Cost $139,189) | 141,292 | |||||||
|
| |||||||
Shares | ||||||||
Exchange-Traded Funds — 8.5% | ||||||||
4,312 | iShares® ESG Aware MSCI EAFE ETF (Identified Cost $284,756) | 311,930 | ||||||
|
| |||||||
Affiliated Mutual Funds — 25.7% | ||||||||
5,324 | Mirova Global Green Bond Fund, Class N | 57,185 | ||||||
26,147 | Mirova International Sustainable Equity Fund, Class N | 356,124 | ||||||
9,379 | WCM Focused Emerging Markets Fund, Institutional Class | 188,138 | ||||||
13,700 | WCM Focused International Growth Fund, Institutional Class | 337,577 | ||||||
|
| |||||||
Total Affiliated Mutual Funds (Identified Cost $836,905) | 939,024 | |||||||
|
| |||||||
Principal Amount | ||||||||
Short-Term Investments — 3.4% | ||||||||
$ | 126,130 | Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 1/29/2021 at 0.000% to be repurchased at $126,130 on 2/01/2021 collateralized by $121,200 U.S. Treasury Note, 2.750% due 5/31/2023 valued at $129,092 including accrued interest (Note 2 of Notes to Financial Statements) (Identified Cost $126,130) | 126,130 | |||||
|
| |||||||
Total Investments — 101.0% (Identified Cost $3,272,515) | 3,692,836 | |||||||
Other assets less liabilities — (1.0)% | (35,485 | ) | ||||||
|
| |||||||
Net Assets — 100.0% | $ | 3,657,351 | ||||||
|
| |||||||
(†) | See Note 2 of Notes to Financial Statements. |
| ||||||
(a) | Non-income producing security. |
| ||||||
(b) | The Fund’s investment in mortgage related securities of Federal National Mortgage Association are interests in separate pools of mortgages. All separate investments in securities of each issuer which have the same coupon rate have been aggregated for the purpose of presentation in the Portfolio of Investments. |
| ||||||
(c) | Variable rate security. Rate as of January 31, 2021 is disclosed. |
|
See accompanying notes to financial statements.
| 90
Portfolio of Investments – as of January 31, 2021
Natixis Sustainable Future 2060 Fund – (continued)
ADR | An American Depositary Receipt is a certificate issued by a custodian bank representing the right to receive securities of the foreign issuer described. The values of ADRs may be significantly influenced by trading on exchanges not located in the United States. | |||||
ETF | Exchange-Traded Fund | |||||
FNMA | Federal National Mortgage Association | |||||
GMTN | Global Medium Term Note | |||||
LIBOR | London Interbank Offered Rate | |||||
MTN | Medium Term Note | |||||
REITs | Real Estate Investment Trusts |
Asset Allocation Summary at January 31, 2021
Equity | 92.1 | % | ||
Fixed Income | 5.5 | |||
Short-Term Investments | 3.4 | |||
|
| |||
Total Investments | 101.0 | |||
Other assets less liabilities | (1.0 | ) | ||
|
| |||
Net Assets | 100.0 | % | ||
|
|
See accompanying notes to financial statements.
91 |
This Page Intentionally Left Blank
| 92
Statements of Assets and Liabilities
January 31, 2021
Natixis Sustainable Future 2015 Fund | Natixis Sustainable Future 2020 Fund | Natixis Sustainable Future 2025 Fund | Natixis Sustainable Future 2030 Fund | |||||||||||||
ASSETS | ||||||||||||||||
Unaffiliated investments at cost | $ | 2,112,160 | $ | 1,634,333 | $ | 4,284,477 | $ | 4,609,151 | ||||||||
Affiliated investments at cost | 1,724,756 | 1,080,892 | 2,354,674 | 2,333,843 | ||||||||||||
Net unrealized appreciation on unaffiliated investments | 293,580 | 183,687 | 450,925 | 624,242 | ||||||||||||
Net unrealized appreciation on affiliated investments | 128,666 | 53,295 | 137,386 | 199,600 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Investments at value | 4,259,162 | 2,952,207 | 7,227,462 | 7,766,836 | ||||||||||||
Receivable for Fund shares sold | 2,953 | 7,830 | 5,585 | 141,448 | ||||||||||||
Receivable from investment adviser (Note 5) | 23,362 | 23,824 | 23,242 | 23,677 | ||||||||||||
Receivable for securities sold | 18,795 | 529 | 482 | 434 | ||||||||||||
Dividends and interest receivable | 6,801 | 4,378 | 10,085 | 9,790 | ||||||||||||
Dividends receivable from affiliates | 391 | 238 | 470 | 321 | ||||||||||||
Tax reclaims receivable | 369 | 508 | 375 | 361 | ||||||||||||
Prepaid expenses (Note 6) | 1 | 1 | — | — | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
TOTAL ASSETS | 4,311,834 | 2,989,515 | 7,267,701 | 7,942,867 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
LIABILITIES | ||||||||||||||||
Payable for securities purchased | 32,707 | 238 | 470 | 321 | ||||||||||||
Payable for Fund shares redeemed | — | — | — | 198,987 | ||||||||||||
Deferred Trustees’ fees (Note 5) | 15,824 | 15,815 | 15,796 | 15,791 | ||||||||||||
Administrative fees payable (Note 5) | 152 | 107 | 269 | 286 | ||||||||||||
Audit and tax services fees payable | 29,507 | 29,507 | 29,507 | 29,507 | ||||||||||||
Other accounts payable and accrued expenses | 29,636 | 31,486 | 29,870 | 33,136 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
TOTAL LIABILITIES | 107,826 | 77,153 | 75,912 | 278,028 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
NET ASSETS | $ | 4,204,008 | $ | 2,912,362 | $ | 7,191,789 | $ | 7,664,839 | ||||||||
|
|
|
|
|
|
|
| |||||||||
NET ASSETS CONSIST OF: | ||||||||||||||||
Paid-in capital | $ | 3,775,376 | $ | 2,720,370 | $ | 6,582,914 | $ | 6,736,590 | ||||||||
Accumulated earnings | 428,632 | 191,992 | 608,875 | 928,249 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
NET ASSETS | $ | 4,204,008 | $ | 2,912,362 | $ | 7,191,789 | $ | 7,664,839 | ||||||||
|
|
|
|
|
|
|
| |||||||||
COMPUTATION OF NET ASSET VALUE AND OFFERING PRICE: | ||||||||||||||||
Class N shares: | ||||||||||||||||
Net assets | $ | 4,204,008 | $ | 2,912,362 | $ | 7,191,789 | $ | 7,664,839 | ||||||||
|
|
|
|
|
|
|
| |||||||||
Shares of beneficial interest | 405,336 | 310,829 | 629,509 | 640,173 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Net asset value, offering and redemption price per share | $ | 10.37 | $ | 9.37 | $ | 11.42 | $ | 11.97 | ||||||||
|
|
|
|
|
|
|
|
See accompanying notes to financial statements.
93 |
Statements of Assets and Liabilities (continued)
January 31, 2021
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 | |||||||||||||||||
$ | 4,517,939 | $ | 3,209,988 | $ | 4,126,302 | $ | 3,255,850 | $ | 2,551,010 | $ | 2,435,610 | |||||||||||
2,090,950 | 1,346,060 | 1,529,915 | 1,140,753 | 890,828 | 836,905 | |||||||||||||||||
578,410 | 484,221 | 508,646 | 450,850 | 340,999 | 318,202 | |||||||||||||||||
176,095 | 148,347 | 157,665 | 124,230 | 94,721 | 102,119 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||
7,363,394 | 5,188,616 | 6,322,528 | 4,971,683 | 3,877,558 | 3,692,836 | |||||||||||||||||
14,699 | 298,751 | 7,955 | 93,756 | 7,820 | 3,821 | |||||||||||||||||
23,098 | 23,482 | 22,541 | 23,432 | 22,994 | 26,219 | |||||||||||||||||
10,510 | 7,738 | 359 | 4,169 | 1,042 | 12,092 | |||||||||||||||||
6,792 | 3,842 | 3,863 | 3,268 | 2,304 | 2,327 | |||||||||||||||||
212 | 91 | 72 | — | — | — | |||||||||||||||||
406 | 500 | 428 | 385 | 378 | 384 | |||||||||||||||||
— | — | — | — | — | 1 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||
7,419,111 | 5,523,020 | 6,357,746 | 5,096,693 | 3,912,096 | 3,737,680 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||
22,017 | 15,311 | 72 | 427 | 1,231 | — | |||||||||||||||||
— | — | 83 | — | — | — | |||||||||||||||||
15,796 | 15,775 | 15,746 | 15,742 | 15,729 | 15,716 | |||||||||||||||||
255 | 191 | 215 | 175 | 136 | 129 | |||||||||||||||||
29,507 | 29,507 | 29,507 | 29,507 | 29,507 | 29,507 | |||||||||||||||||
29,503 | 31,494 | 29,251 | 33,664 | 29,223 | 34,977 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||
97,078 | 92,278 | 74,874 | 79,515 | 75,826 | 80,329 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||
$ | 7,322,033 | $ | 5,430,742 | $ | 6,282,872 | $ | 5,017,178 | $ | 3,836,270 | $ | 3,657,351 | |||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||
$ | 6,389,059 | $ | 4,698,361 | $ | 5,585,605 | $ | 4,421,118 | $ | 3,397,849 | $ | 3,209,295 | |||||||||||
932,974 | 732,381 | 697,267 | 596,060 | 438,421 | 448,056 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||
$ | 7,322,033 | $ | 5,430,742 | $ | 6,282,872 | $ | 5,017,178 | $ | 3,836,270 | $ | 3,657,351 | |||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||
$ | 7,322,033 | $ | 5,430,742 | $ | 6,282,872 | $ | 5,017,178 | $ | 3,836,270 | $ | 3,657,351 | |||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||
609,161 | 464,388 | 518,224 | 426,826 | 332,848 | 314,262 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||
$ | 12.02 | $ | 11.69 | $ | 12.12 | $ | 11.75 | $ | 11.53 | $ | 11.64 | |||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
See accompanying notes to financial statements.
| 94
Statements of Operations
For the Year Ended January 31, 2021
Natixis Sustainable Future 2015 Fund | Natixis Sustainable Future 2020 Fund | Natixis Sustainable Future 2025 Fund | Natixis Sustainable Future 2030 Fund | |||||||||||||
INVESTMENT INCOME | ||||||||||||||||
Dividends from unaffiliated investments | $ | 33,536 | $ | 31,939 | $ | 48,108 | $ | 58,793 | ||||||||
Dividends from affiliated investments | 29,138 | 19,181 | 24,262 | 22,757 | ||||||||||||
Interest | 22,875 | 17,120 | 19,468 | 18,047 | ||||||||||||
Less net foreign taxes withheld | (509 | ) | (157 | ) | (179 | ) | (168 | ) | ||||||||
|
|
|
|
|
|
|
| |||||||||
85,040 | 68,083 | 91,659 | 99,429 | |||||||||||||
|
|
|
|
|
|
|
| |||||||||
Expenses | ||||||||||||||||
Management fees (Note 5) | 35,669 | 29,712 | 39,217 | 44,049 | ||||||||||||
Administrative fees (Note 5) | 2,687 | 2,138 | 2,860 | 3,129 | ||||||||||||
Trustees’ fees and expenses (Note 5) | 17,839 | 17,802 | 17,854 | 17,875 | ||||||||||||
Transfer agent fees and expenses | 1,424 | 1,568 | 1,464 | 1,728 | ||||||||||||
Audit and tax services fees | 32,661 | 32,661 | 32,661 | 32,661 | ||||||||||||
Custodian fees and expenses | 38,595 | 44,327 | 41,930 | 45,232 | ||||||||||||
Legal fees (Note 6) | 417 | 389 | 412 | 433 | ||||||||||||
Registration fees | 21,101 | 21,101 | 22,381 | 21,101 | ||||||||||||
Regulatory filing fees | 13,000 | 13,000 | 13,000 | 13,000 | ||||||||||||
Shareholder reporting expenses | 12,636 | 13,026 | 11,935 | 14,233 | ||||||||||||
Miscellaneous expenses (Note 6) | 11,852 | 11,877 | 11,689 | 11,745 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total expenses | 187,881 | 187,601 | 195,403 | 205,186 | ||||||||||||
Less waiver and/or expense reimbursement (Note 5) | (168,986 | ) | (171,881 | ) | (173,922 | ) | (180,956 | ) | ||||||||
|
|
|
|
|
|
|
| |||||||||
Net expenses | 18,895 | 15,720 | 21,481 | 24,230 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Net investment income | 66,145 | 52,363 | 70,178 | 75,199 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS | ||||||||||||||||
Net realized gain on: | ||||||||||||||||
Unaffiliated investments | 319,766 | 373,905 | 337,927 | 312,824 | ||||||||||||
Affiliated investments | 162,441 | 178,757 | 119,833 | 103,130 | ||||||||||||
Distributions of capital gains received from affiliated investments | 26,397 | 20,238 | 51,056 | 66,221 | ||||||||||||
Net change in unrealized appreciation (depreciation) on: | ||||||||||||||||
Unaffiliated investments | 125,094 | (9,478 | ) | 276,807 | 433,960 | |||||||||||
Affiliated investments | 35,452 | (37,379 | ) | 58,965 | 122,975 | |||||||||||
|
|
|
|
|
|
|
| |||||||||
Net realized and unrealized gain on investments | 669,150 | 526,043 | 844,588 | 1,039,110 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | $ | 735,295 | $ | 578,406 | $ | 914,766 | $ | 1,114,309 | ||||||||
|
|
|
|
|
|
|
|
See accompanying notes to financial statements.
95 |
Statements of Operations (continued)
For the Year Ended January 31, 2021
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 | |||||||||||||||||
$ | 59,578 | $ | 56,212 | $ | 55,050 | $ | 50,535 | $ | 43,065 | $ | 36,959 | |||||||||||
15,760 | 11,484 | 7,908 | 5,476 | 4,371 | 4,028 | |||||||||||||||||
9,882 | 5,237 | 3,745 | 3,425 | 2,847 | 2,376 | |||||||||||||||||
(209 | ) | (224 | ) | (189 | ) | (193 | ) | (174 | ) | (138 | ) | |||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||
85,011 | 72,709 | 66,514 | 59,243 | 50,109 | 43,225 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||
40,110 | 36,442 | 33,080 | 30,315 | 26,046 | 21,213 | |||||||||||||||||
2,794 | 2,468 | 2,245 | 2,035 | 1,738 | 1,426 | |||||||||||||||||
17,854 | 17,819 | 17,799 | 17,779 | 17,754 | 17,725 | |||||||||||||||||
1,511 | 1,751 | 1,553 | 1,846 | 1,542 | 1,579 | |||||||||||||||||
32,661 | 32,661 | 32,661 | 32,661 | 32,661 | 32,661 | |||||||||||||||||
40,582 | 38,264 | 39,766 | 40,232 | 39,932 | 38,754 | |||||||||||||||||
401 | 396 | 375 | 364 | 346 | 318 | |||||||||||||||||
21,101 | 21,101 | 21,101 | 21,101 | 21,101 | 21,101 | |||||||||||||||||
13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | |||||||||||||||||
11,982 | 14,084 | 12,054 | 14,010 | 11,511 | 11,049 | |||||||||||||||||
11,802 | 11,642 | 11,645 | 11,651 | 11,647 | 11,622 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||
193,798 | 189,628 | 185,279 | 184,994 | 177,278 | 170,448 | |||||||||||||||||
(170,764 | ) | (169,439 | ) | (166,382 | ) | (167,403 | ) | (161,869 | ) | (158,120 | ) | |||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||
23,034 | 20,189 | 18,897 | 17,591 | 15,409 | 12,328 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||
61,977 | 52,520 | 47,617 | 41,652 | 34,700 | 30,897 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||
400,844 | 389,330 | 239,564 | 285,269 | 242,909 | 242,375 | |||||||||||||||||
133,490 | 142,576 | 89,636 | 96,702 | 91,761 | 72,939 | |||||||||||||||||
56,625 | 51,323 | 51,741 | 47,384 | 37,571 | 34,989 | |||||||||||||||||
346,371 | 255,004 | 353,243 | 292,088 | 195,872 | 168,337 | |||||||||||||||||
76,823 | 55,498 | 81,667 | 52,967 | 32,040 | 40,231 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||
1,014,153 | 893,731 | 815,851 | 774,410 | 600,153 | 558,871 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||
$ | 1,076,130 | $ | 946,251 | $ | 863,468 | $ | 816,062 | $ | 634,853 | $ | 589,768 | |||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
See accompanying notes to financial statements.
| 96
Statements of Changes in Net Assets
Natixis Sustainable Future 2015 Fund | Natixis Sustainable Future 2020 Fund | Natixis Sustainable Future 2025 Fund | ||||||||||||||||||||||
Year Ended January 31, 2021 | Year Ended January 31, 2020 | Year Ended January 31, 2021 | Year Ended January 31, 2020 | Year Ended January 31, 2021 | Year Ended January 31, 2020 | |||||||||||||||||||
FROM OPERATIONS: | ||||||||||||||||||||||||
Net investment income | $ | 66,145 | $ | 82,696 | $ | 52,363 | $ | 82,274 | $ | 70,178 | $ | 70,718 | ||||||||||||
Net realized gain on investments and distributions of capital gains received from affiliated investments | 508,604 | 259,265 | 572,900 | 231,141 | 508,816 | 219,081 | ||||||||||||||||||
Net change in unrealized appreciation (depreciation) on investments | 160,546 | 238,456 | (46,857 | ) | 291,488 | 335,772 | 232,508 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Net increase in net assets resulting from operations | 735,295 | 580,417 | 578,406 | 604,903 | 914,766 | 522,307 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
FROM DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||||||||||
Class N | (605,621 | ) | (322,135 | ) | (706,173 | ) | (285,054 | ) | (589,169 | ) | (285,723 | ) | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
NET INCREASE (DECREASE) IN NET ASSETS FROM CAPITAL SHARE TRANSACTIONS (NOTE 9) | (2,116,817 | ) | 1,332,578 | (2,966,175 | ) | 1,146,637 | 851,212 | 2,021,861 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Net increase (decrease) in net assets | (1,987,143 | ) | 1,590,860 | (3,093,942 | ) | 1,466,486 | 1,176,809 | 2,258,445 | ||||||||||||||||
NET ASSETS | ||||||||||||||||||||||||
Beginning of the year | 6,191,151 | 4,600,291 | 6,006,304 | 4,539,818 | 6,014,980 | 3,756,535 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
End of the year | $ | 4,204,008 | $ | 6,191,151 | $ | 2,912,362 | $ | 6,006,304 | $ | 7,191,789 | $ | 6,014,980 | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
See accompanying notes to financial statements.
97 |
Statements of Changes in Net Assets (continued)
Natixis Sustainable Future 2030 Fund | Natixis Sustainable Future 2035 Fund | Natixis Sustainable Future 2040 Fund | ||||||||||||||||||||||
Year Ended January 31, 2021 | Year Ended January 31, 2020 | Year Ended January 31, 2021 | Year Ended January 31, 2020 | Year Ended January 31, 2021 | Year Ended January 31, 2020 | |||||||||||||||||||
FROM OPERATIONS: | ||||||||||||||||||||||||
Net investment income | $ | 75,199 | $ | 67,400 | $ | 61,977 | $ | 70,937 | $ | 52,520 | $ | 63,590 | ||||||||||||
Net realized gain on investments and distributions of capital gains received from affiliated investments | 482,175 | 290,381 | 590,959 | 259,790 | 583,229 | 247,544 | ||||||||||||||||||
Net change in unrealized appreciation (depreciation) on investments | 556,935 | 226,711 | 423,194 | 301,347 | 310,502 | 288,202 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Net increase in net assets resulting from operations | 1,114,309 | 584,492 | 1,076,130 | 632,074 | 946,251 | 599,336 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
FROM DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||||||||||
Class N | (537,498 | ) | (297,864 | ) | (523,070 | ) | (318,050 | ) | (590,062 | ) | (300,687 | ) | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
NET INCREASE (DECREASE) IN NET ASSETS FROM CAPITAL SHARE TRANSACTIONS (NOTE 9) | 838,108 | 2,769,661 | 1,203,343 | 1,152,393 | (587,824 | ) | 2,033,532 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Net increase (decrease) in net assets | 1,414,919 | 3,056,289 | 1,756,403 | 1,466,417 | (231,635 | ) | 2,332,181 | |||||||||||||||||
NET ASSETS | ||||||||||||||||||||||||
Beginning of the year | 6,249,920 | 3,193,631 | 5,565,630 | 4,099,213 | 5,662,377 | 3,330,196 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
End of the year | $ | 7,664,839 | $ | 6,249,920 | $ | 7,322,033 | $ | 5,565,630 | $ | 5,430,742 | $ | 5,662,377 | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
See accompanying notes to financial statements.
| 98
Statements of Changes in Net Assets (continued)
Natixis Sustainable Future 2045 Fund | Natixis Sustainable Future 2050 Fund | Natixis Sustainable Future 2055 Fund | ||||||||||||||||||||||
Year Ended January 31, 2021 | Year Ended January 31, 2020 | Year Ended January 31, 2021 | Year Ended January 31, 2020 | Year Ended January 31, 2021 | Year Ended January 31, 2020 | |||||||||||||||||||
FROM OPERATIONS: | ||||||||||||||||||||||||
Net investment income | $ | 47,617 | $ | 50,470 | $ | 41,652 | $ | 49,890 | $ | 34,700 | $ | 43,940 | ||||||||||||
Net realized gain on investments and distributions of capital gains received from affiliated investments | 380,941 | 219,629 | 429,355 | 245,116 | 372,241 | 204,494 | ||||||||||||||||||
Net change in unrealized appreciation (depreciation) on investments | 434,910 | 169,511 | 345,055 | 179,402 | 227,912 | 158,295 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Net increase in net assets resulting from operations | 863,468 | 439,610 | 816,062 | 474,408 | 634,853 | 406,729 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
FROM DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||||||||||
Class N | (435,927 | ) | (253,894 | ) | (512,519 | ) | (264,071 | ) | (431,682 | ) | (254,037 | ) | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
NET INCREASE (DECREASE) IN NET ASSETS FROM CAPITAL SHARE TRANSACTIONS (NOTE 9) | 904,542 | 2,248,041 | 156,675 | 1,854,491 | (544,538 | ) | 1,410,632 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
Net increase (decrease) in net assets | 1,332,083 | 2,433,757 | 460,218 | 2,064,828 | (341,367 | ) | 1,563,324 | |||||||||||||||||
NET ASSETS | ||||||||||||||||||||||||
Beginning of the year | 4,950,789 | 2,517,032 | 4,556,960 | 2,492,132 | 4,177,637 | 2,614,313 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||
End of the year | $ | 6,282,872 | $ | 4,950,789 | $ | 5,017,178 | $ | 4,556,960 | $ | 3,836,270 | $ | 4,177,637 | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
See accompanying notes to financial statements.
99 |
Statements of Changes in Net Assets (continued)
Natixis Sustainable Future 2060 Fund | ||||||||
Year Ended January 31, 2021 | Year Ended January 31, 2020 | |||||||
FROM OPERATIONS: |
| |||||||
Net investment income | $ | 30,897 | $ | 40,507 | ||||
Net realized gain on investments and distributions of capital gains received from affiliated investments | 350,303 | 197,433 | ||||||
Net change in unrealized appreciation (depreciation) on investments | 208,568 | 147,193 | ||||||
|
|
|
| |||||
Net increase in net assets resulting from operations | 589,768 | 385,133 | ||||||
|
|
|
| |||||
FROM DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||
Class N | (375,626 | ) | (237,210 | ) | ||||
|
|
|
| |||||
NET INCREASE IN NET ASSETS FROM CAPITAL SHARE TRANSACTIONS (NOTE 9) | 245,221 | 561,758 | ||||||
|
|
|
| |||||
Net increase in net assets | 459,363 | 709,681 | ||||||
NET ASSETS | ||||||||
Beginning of the year | 3,197,988 | 2,488,307 | ||||||
|
|
|
| |||||
End of the year | $ | 3,657,351 | $ | 3,197,988 | ||||
|
|
|
|
See accompanying notes to financial statements.
| 100
Financial Highlights
For a share outstanding throughout each period
Sustainable Future 2015 Fund—Class N | ||||||||||||||||
Year Ended January 31, 2021 | Year Ended January 31, 2020 | Year Ended January 31, 2019 | Period Ended January 31, 2018* | |||||||||||||
Net asset value, beginning of the period | $ | 10.70 | $ | 10.11 | $ | 11.13 | $ | 10.00 | ||||||||
|
|
|
|
|
|
|
| |||||||||
INCOME (LOSS) FROM INVESTMENT OPERATIONS: |
| |||||||||||||||
Net investment income(a) | 0.12 | 0.17 | 0.23 | 0.15 | ||||||||||||
Net realized and unrealized gain (loss) | 1.25 | 1.02 | (0.41 | ) | 1.19 | |||||||||||
|
|
|
|
|
|
|
| |||||||||
Total from Investment Operations | 1.37 | 1.19 | (0.18 | ) | 1.34 | |||||||||||
|
|
|
|
|
|
|
| |||||||||
LESS DISTRIBUTIONS FROM: |
| |||||||||||||||
Net investment income | (0.25 | ) | (0.18 | ) | (0.23 | ) | (0.16 | ) | ||||||||
Net realized capital gains | (1.45 | ) | (0.42 | ) | (0.61 | ) | (0.05 | ) | ||||||||
|
|
|
|
|
|
|
| |||||||||
Total Distributions | (1.70 | ) | (0.60 | ) | (0.84 | ) | (0.21 | ) | ||||||||
|
|
|
|
|
|
|
| |||||||||
Net asset value, end of the period | $ | 10.37 | $ | 10.70 | $ | 10.11 | $ | 11.13 | ||||||||
|
|
|
|
|
|
|
| |||||||||
Total return(b) | 12.97 | % | 11.81 | % | (1.28 | )% | 13.42 | %(c) | ||||||||
RATIOS TO AVERAGE NET ASSETS: |
| |||||||||||||||
Net assets, end of the period (000’s) | $ | 4,204 | $ | 6,191 | $ | 4,600 | $ | 4,536 | ||||||||
Net expenses(d) | 0.31 | %(e) | 0.31 | %(f)(g) | 0.35 | %(h) | 0.38 | %(i)(j) | ||||||||
Gross expenses | 3.08 | %(e) | 3.70 | %(f) | 4.04 | %(h) | 3.57 | %(i)(j) | ||||||||
Net investment income | 1.09 | % | 1.62 | % | 2.10 | % | 1.49 | %(i) | ||||||||
Portfolio turnover rate | 61 | % | 73 | % | 41 | % | 15 | % |
* | From commencement of operations on February 28, 2017 through January 31, 2018. |
(a) | Per share net investment income has been calculated using the average shares outstanding during the period. |
(b) | Had certain expenses not been waived/reimbursed during the period, total returns would have been lower. |
(c) | Periods less than one year are not annualized. |
(d) | The investment adviser agreed to waive its fees and/or reimburse a portion of the Fund’s expenses during the period. Without this waiver/reimbursement, expenses would have been higher. |
(e) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.55% and 3.32%, respectively. |
(f) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.58% and 3.97%, respectively. |
(g) | Effective June 1, 2019, the expense limit decreased from 0.65% to 0.55%. |
(h) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.65% and 4.34%, respectively. |
(i) | Computed on an annualized basis for periods less than one year. |
(j) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.65% and 3.84%, respectively. |
See accompanying notes to financial statements.
101 |
Financial Highlights (continued)
For a share outstanding throughout each period
Sustainable Future 2020 Fund—Class N | ||||||||||||||||
Year Ended January 31, 2021 | Year Ended January 31, 2020 | Year Ended January 31, 2019 | Period Ended January 31, 2018* | |||||||||||||
Net asset value, beginning of the period | $ | 10.66 | $ | 9.97 | $ | 11.34 | $ | 10.00 | ||||||||
|
|
|
|
|
|
|
| |||||||||
INCOME (LOSS) FROM INVESTMENT OPERATIONS: |
| |||||||||||||||
Net investment income(a) | 0.11 | 0.17 | 0.22 | 0.14 | ||||||||||||
Net realized and unrealized gain (loss) | 1.38 | 1.06 | (0.46 | ) | 1.39 | |||||||||||
|
|
|
|
|
|
|
| |||||||||
Total from Investment Operations | 1.49 | 1.23 | (0.24 | ) | 1.53 | |||||||||||
|
|
|
|
|
|
|
| |||||||||
LESS DISTRIBUTIONS FROM: |
| |||||||||||||||
Net investment income | (0.29 | ) | (0.18 | ) | (0.23 | ) | (0.15 | ) | ||||||||
Net realized capital gains | (2.49 | ) | (0.36 | ) | (0.90 | ) | (0.04 | ) | ||||||||
|
|
|
|
|
|
|
| |||||||||
Total Distributions | (2.78 | ) | (0.54 | ) | (1.13 | ) | (0.19 | ) | ||||||||
|
|
|
|
|
|
|
| |||||||||
Net asset value, end of the period | $ | 9.37 | $ | 10.66 | $ | 9.97 | $ | 11.34 | ||||||||
|
|
|
|
|
|
|
| |||||||||
Total return(b) | 14.26 | % | 12.31 | % | (1.66 | )% | 15.38 | %(c) | ||||||||
RATIOS TO AVERAGE NET ASSETS: |
| |||||||||||||||
Net assets, end of the period (000’s) | $ | 2,912 | $ | 6,006 | $ | 4,540 | $ | 4,617 | ||||||||
Net expenses(d) | 0.32 | %(e) | 0.32 | %(f)(g) | 0.38 | %(h) | 0.41 | %(i)(j) | ||||||||
Gross expenses | 3.88 | %(e) | 3.69 | %(f) | 4.10 | %(h) | 3.58 | %(i)(j) | ||||||||
Net investment income | 1.08 | % | 1.60 | % | 1.98 | % | 1.40 | %(i) | ||||||||
Portfolio turnover rate | 95 | % | 74 | % | 65 | % | 15 | % |
* | From commencement of operations on February 28, 2017 through January 31, 2018. |
(a) | Per share net investment income has been calculated using the average shares outstanding during the period. |
(b) | Had certain expenses not been waived/reimbursed during the period, total returns would have been lower. |
(c) | Periods less than one year are not annualized. |
(d) | The investment adviser agreed to waive its fees and/or reimburse a portion of the Fund’s expenses during the period. Without this waiver/reimbursement, expenses would have been higher. |
(e) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.55% and 4.11%, respectively. |
(f) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.58% and 3.95%, respectively. |
(g) | Effective June 1, 2019, the expense limit decreased from 0.65% to 0.55%. |
(h) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.65% and 4.37%, respectively. |
(i) | Computed on an annualized basis for periods less than one year. |
(j) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.65% and 3.82%, respectively. |
See accompanying notes to financial statements.
| 102
Financial Highlights (continued)
For a share outstanding throughout each period
Sustainable Future 2025 Fund—Class N | ||||||||||||||||
Year Ended January 31, 2021 | Year Ended January 31, 2020 | Year Ended January 31, 2019 | Period Ended January 31, 2018* | |||||||||||||
Net asset value, beginning of the period | $ | 10.89 | $ | 10.22 | $ | 11.54 | $ | 10.00 | ||||||||
|
|
|
|
|
|
|
| |||||||||
INCOME (LOSS) FROM INVESTMENT OPERATIONS: |
| |||||||||||||||
Net investment income(a) | 0.12 | 0.17 | 0.21 | 0.13 | ||||||||||||
Net realized and unrealized gain (loss) | 1.41 | 1.12 | (0.54 | ) | 1.59 | |||||||||||
|
|
|
|
|
|
|
| |||||||||
Total from Investment Operations | 1.53 | 1.29 | (0.33 | ) | 1.72 | |||||||||||
|
|
|
|
|
|
|
| |||||||||
LESS DISTRIBUTIONS FROM: |
| |||||||||||||||
Net investment income | (0.16 | ) | (0.17 | ) | (0.20 | ) | (0.14 | ) | ||||||||
Net realized capital gains | (0.84 | ) | (0.45 | ) | (0.79 | ) | (0.04 | ) | ||||||||
|
|
|
|
|
|
|
| |||||||||
Total Distributions | (1.00 | ) | (0.62 | ) | (0.99 | ) | (0.18 | ) | ||||||||
|
|
|
|
|
|
|
| |||||||||
Net asset value, end of the period | $ | 11.42 | $ | 10.89 | $ | 10.22 | $ | 11.54 | ||||||||
|
|
|
|
|
|
|
| |||||||||
Total return(b) | 14.35 | % | 12.73 | % | (2.46 | )% | 17.31 | %(c) | ||||||||
RATIOS TO AVERAGE NET ASSETS: |
| |||||||||||||||
Net assets, end of the period (000’s) | $ | 7,192 | $ | 6,015 | $ | 3,757 | $ | 3,518 | ||||||||
Net expenses(d) | 0.33 | %(e) | 0.34 | %(f)(g) | 0.42 | %(h) | 0.45 | %(i)(j) | ||||||||
Gross expenses | 3.00 | %(e) | 4.18 | %(f) | 4.88 | %(h) | 4.41 | %(i)(j) | ||||||||
Net investment income | 1.08 | % | 1.59 | % | 1.88 | % | 1.30 | %(i) | ||||||||
Portfolio turnover rate | 84 | % | 67 | % | 59 | % | 16 | % |
* | From commencement of operations on February 28, 2017 through January 31, 2018. |
(a) | Per share net investment income has been calculated using the average shares outstanding during the period. |
(b) | Had certain expenses not been waived/reimbursed during the period, total returns would have been lower. |
(c) | Periods less than one year are not annualized. |
(d) | The investment adviser agreed to waive its fees and/or reimburse a portion of the Fund’s expenses during the period. Without this waiver/reimbursement, expenses would have been higher. |
(e) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.56% and 3.23%, respectively. |
(f) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.59% and 4.43%, respectively. |
(g) | Effective June 1, 2019, the expense limit decreased from 0.65% to 0.56%. |
(h) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.65% and 5.11%, respectively. |
(i) | Computed on an annualized basis for periods less than one year. |
(j) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.65% and 4.61%, respectively. |
See accompanying notes to financial statements.
103 |
Financial Highlights (continued)
For a share outstanding throughout each period
Sustainable Future 2030 Fund—Class N | ||||||||||||||||
Year Ended January 31, 2021 | Year Ended January 31, 2020 | Year Ended January 31, 2019 | Period Ended January 31, 2018* | |||||||||||||
Net asset value, beginning of the period | $ | 11.15 | $ | 10.39 | $ | 11.79 | $ | 10.00 | ||||||||
|
|
|
|
|
|
|
| |||||||||
INCOME (LOSS) FROM INVESTMENT OPERATIONS: |
| |||||||||||||||
Net investment income(a) | 0.12 | 0.17 | 0.19 | 0.12 | ||||||||||||
Net realized and unrealized gain (loss) | 1.60 | 1.19 | (0.60 | ) | 1.86 | |||||||||||
|
|
|
|
|
|
|
| |||||||||
Total from Investment Operations | 1.72 | 1.36 | (0.41 | ) | 1.98 | |||||||||||
|
|
|
|
|
|
|
| |||||||||
LESS DISTRIBUTIONS FROM: |
| |||||||||||||||
Net investment income | (0.18 | ) | (0.14 | ) | (0.18 | ) | (0.14 | ) | ||||||||
Net realized capital gains | (0.72 | ) | (0.46 | ) | (0.81 | ) | (0.05 | ) | ||||||||
|
|
|
|
|
|
|
| |||||||||
Total Distributions | (0.90 | ) | (0.60 | ) | (0.99 | ) | (0.19 | ) | ||||||||
|
|
|
|
|
|
|
| |||||||||
Net asset value, end of the period | $ | 11.97 | $ | 11.15 | $ | 10.39 | $ | 11.79 | ||||||||
|
|
|
|
|
|
|
| |||||||||
Total return(b) | 15.88 | % | 13.12 | % | (2.91 | )% | 19.79 | %(c) | ||||||||
RATIOS TO AVERAGE NET ASSETS: |
| |||||||||||||||
Net assets, end of the period (000’s) | $ | 7,665 | $ | 6,250 | $ | 3,194 | $ | 3,033 | ||||||||
Net expenses(d) | 0.34 | %(e) | 0.37 | %(f)(g) | 0.48 | %(h) | 0.50 | %(i)(j) | ||||||||
Gross expenses | 2.88 | %(e) | 4.37 | %(f) | 5.34 | %(h) | 5.04 | %(i)(j) | ||||||||
Net investment income | 1.06 | % | 1.55 | % | 1.68 | % | 1.22 | %(i) | ||||||||
Portfolio turnover rate | 69 | % | 80 | % | 65 | % | 15 | % |
* | From commencement of operations on February 28, 2017 through January 31, 2018. |
(a) | Per share net investment income has been calculated using the average shares outstanding during the period. |
(b) | Had certain expenses not been waived/reimbursed during the period, total returns would have been lower. |
(c) | Periods less than one year are not annualized. |
(d) | The investment adviser agreed to waive its fees and/or reimburse a portion of the Fund’s expenses during the period. Without this waiver/reimbursement, expenses would have been higher. |
(e) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.57% and 3.11%, respectively. |
(f) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.60% and 4.60%, respectively. |
(g) | Effective June 1, 2019, the expense limit decreased from 0.65% to 0.57%. |
(h) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.65% and 5.51%, respectively. |
(i) | Computed on an annualized basis for periods less than one year. |
(j) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.65% and 5.19%, respectively. |
See accompanying notes to financial statements.
| 104
Financial Highlights (continued)
For a share outstanding throughout each period
Sustainable Future 2035 Fund—Class N | ||||||||||||||||
Year Ended January 31, 2021 | Year Ended January 31, 2020 | Year Ended January 31, 2019 | Period Ended January 31, 2018* | |||||||||||||
Net asset value, beginning of the period | $ | 11.24 | $ | 10.46 | $ | 12.01 | $ | 10.00 | ||||||||
|
|
|
|
|
|
|
| |||||||||
INCOME (LOSS) FROM INVESTMENT OPERATIONS: |
| |||||||||||||||
Net investment income(a) | 0.11 | 0.16 | 0.17 | 0.11 | ||||||||||||
Net realized and unrealized gain (loss) | 1.70 | 1.33 | (0.67 | ) | 2.08 | |||||||||||
|
|
|
|
|
|
|
| |||||||||
Total from Investment Operations | 1.81 | 1.49 | (0.50 | ) | 2.19 | |||||||||||
|
|
|
|
|
|
|
| |||||||||
LESS DISTRIBUTIONS FROM: |
| |||||||||||||||
Net investment income | (0.17 | ) | (0.17 | ) | (0.17 | ) | (0.13 | ) | ||||||||
Net realized capital gains | (0.86 | ) | (0.54 | ) | (0.88 | ) | (0.05 | ) | ||||||||
|
|
|
|
|
|
|
| |||||||||
Total Distributions | (1.03 | ) | (0.71 | ) | (1.05 | ) | (0.18 | ) | ||||||||
|
|
|
|
|
|
|
| |||||||||
Net asset value, end of the period | $ | 12.02 | $ | 11.24 | $ | 10.46 | $ | 12.01 | ||||||||
|
|
|
|
|
|
|
| |||||||||
Total return(b) | 16.62 | % | 14.29 | % | (3.68 | )% | 21.95 | %(c) | ||||||||
RATIOS TO AVERAGE NET ASSETS: |
| |||||||||||||||
Net assets, end of the period (000’s) | $ | 7,322 | $ | 5,566 | $ | 4,099 | $ | 3,112 | ||||||||
Net expenses(d) | 0.36 | %(e) | 0.39 | %(f)(g) | 0.52 | %(h) | 0.55 | %(i)(j) | ||||||||
Gross expenses | 3.05 | %(e) | 3.95 | %(f) | 5.12 | %(h) | 5.03 | %(i)(j) | ||||||||
Net investment income | 0.97 | % | 1.47 | % | 1.52 | % | 1.13 | %(i) | ||||||||
Portfolio turnover rate | 89 | % | 63 | % | 74 | % | 14 | % |
* | From commencement of operations on February 28, 2017 through January 31, 2018. |
(a) | Per share net investment income has been calculated using the average shares outstanding during the period. |
(b) | Had certain expenses not been waived/reimbursed during the period, total returns would have been lower. |
(c) | Periods less than one year are not annualized. |
(d) | The investment adviser agreed to waive its fees and/or reimburse a portion of the Fund’s expenses during the period. Without this waiver/reimbursement, expenses would have been higher. |
(e) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.58% and 3.27%, respectively. |
(f) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.60% and 4.16%, respectively. |
(g) | Effective June 1, 2019, the expense limit decreased from 0.65% to 0.58%. |
(h) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.65% and 5.25%, respectively. |
(i) | Computed on an annualized basis for periods less than one year. |
(j) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.65% and 5.13%, respectively. |
See accompanying notes to financial statements.
105 |
Financial Highlights (continued)
For a share outstanding throughout each period
Sustainable Future 2040 Fund—Class N | ||||||||||||||||
Year Ended January 31, 2021 | Year Ended January 31, 2020 | Year Ended January 31, 2019 | Period Ended January 31, 2018* | |||||||||||||
Net asset value, beginning of the period | $ | 11.18 | $ | 10.43 | $ | 12.20 | $ | 10.00 | ||||||||
|
|
|
|
|
|
|
| |||||||||
INCOME (LOSS) FROM INVESTMENT OPERATIONS: |
| |||||||||||||||
Net investment income(a) | 0.10 | 0.16 | 0.16 | 0.11 | ||||||||||||
Net realized and unrealized gain (loss) | 1.85 | 1.29 | (0.75 | ) | 2.26 | |||||||||||
|
|
|
|
|
|
|
| |||||||||
Total from Investment Operations | 1.95 | 1.45 | (0.59 | ) | 2.37 | |||||||||||
|
|
|
|
|
|
|
| |||||||||
LESS DISTRIBUTIONS FROM: |
| |||||||||||||||
Net investment income | (0.19 | ) | (0.15 | ) | (0.16 | ) | (0.12 | ) | ||||||||
Net realized capital gains | (1.25 | ) | (0.55 | ) | (1.02 | ) | (0.05 | ) | ||||||||
|
|
|
|
|
|
|
| |||||||||
Total Distributions | (1.44 | ) | (0.70 | ) | (1.18 | ) | (0.17 | ) | ||||||||
|
|
|
|
|
|
|
| |||||||||
Net asset value, end of the period | $ | 11.69 | $ | 11.18 | $ | 10.43 | $ | 12.20 | ||||||||
|
|
|
|
|
|
|
| |||||||||
Total return(b) | 18.04 | % | 13.94 | % | (4.19 | )% | 23.80 | %(c) | ||||||||
RATIOS TO AVERAGE NET ASSETS: |
| |||||||||||||||
Net assets, end of the period (000’s) | $ | 5,431 | $ | 5,662 | $ | 3,330 | $ | 3,096 | ||||||||
Net expenses(d) | 0.36 | %(e) | 0.39 | %(f)(g) | 0.56 | %(h) | 0.59 | %(i)(j) | ||||||||
Gross expenses | 3.38 | %(e) | 4.45 | %(f) | 5.40 | %(h) | 5.04 | %(i)(j) | ||||||||
Net investment income | 0.94 | % | 1.50 | % | 1.42 | % | 1.04 | %(i) | ||||||||
Portfolio turnover rate | 64 | % | 63 | % | 90 | % | 15 | % |
* | From commencement of operations on February 28, 2017 through January 31, 2018. |
(a) | Per share net investment income has been calculated using the average shares outstanding during the period. |
(b) | Had certain expenses not been waived/reimbursed during the period, total returns would have been lower. |
(c) | Periods less than one year are not annualized. |
(d) | The investment adviser agreed to waive its fees and/or reimburse a portion of the Fund’s expenses during the period. Without this waiver/reimbursement, expenses would have been higher. |
(e) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.59% and 3.61%, respectively. |
(f) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.61% and 4.67%, respectively. |
(g) | Effective June 1, 2019, the expense limit decreased from 0.65% to 0.59%. |
(h) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.65% and 5.49%, respectively. |
(i) | Computed on an annualized basis for periods less than one year. |
(j) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.65% and 5.10%, respectively. |
See accompanying notes to financial statements.
| 106
Financial Highlights (continued)
For a share outstanding throughout each period
Sustainable Future 2045 Fund—Class N | ||||||||||||||||
Year Ended January 31, 2021 | Year Ended January 31, 2020 | Year Ended January 31, 2019 | Period Ended January 31, 2018* | |||||||||||||
Net asset value, beginning of the period | $ | 11.17 | $ | 10.38 | $ | 12.31 | $ | 10.00 | ||||||||
|
|
|
|
|
|
|
| |||||||||
INCOME (LOSS) FROM INVESTMENT OPERATIONS: |
| |||||||||||||||
Net investment income(a) | 0.10 | 0.16 | 0.15 | 0.10 | ||||||||||||
Net realized and unrealized gain (loss) | 1.89 | 1.37 | (0.81 | ) | 2.39 | |||||||||||
|
|
|
|
|
|
|
| |||||||||
Total from Investment Operations | 1.99 | 1.53 | (0.66 | ) | 2.49 | |||||||||||
|
|
|
|
|
|
|
| |||||||||
LESS DISTRIBUTIONS FROM: |
| |||||||||||||||
Net investment income | (0.18 | ) | (0.15 | ) | (0.16 | ) | (0.12 | ) | ||||||||
Net realized capital gains | (0.86 | ) | (0.59 | ) | (1.11 | ) | (0.06 | ) | ||||||||
|
|
|
|
|
|
|
| |||||||||
Total Distributions | (1.04 | ) | (0.74 | ) | (1.27 | ) | (0.18 | ) | ||||||||
|
|
|
|
|
|
|
| |||||||||
Net asset value, end of the period | $ | 12.12 | $ | 11.17 | $ | 10.38 | $ | 12.31 | ||||||||
|
|
|
|
|
|
|
| |||||||||
Total return(b) | 18.30 | % | 14.73 | % | (4.53 | )% | 24.92 | %(c) | ||||||||
RATIOS TO AVERAGE NET ASSETS: |
| |||||||||||||||
Net assets, end of the period (000’s) | $ | 6,283 | $ | 4,951 | $ | 2,517 | $ | 2,568 | ||||||||
Net expenses(d) | 0.37 | %(e) | 0.40 | %(f)(g) | 0.58 | %(h) | 0.61 | %(i)(j) | ||||||||
Gross expenses | 3.63 | %(e) | 5.12 | %(f) | 6.46 | %(h) | 5.97 | %(i)(j) | ||||||||
Net investment income | 0.93 | % | 1.45 | % | 1.32 | % | 0.97 | %(i) | ||||||||
Portfolio turnover rate | 72 | % | 58 | % | 77 | % | 17 | % |
* | From commencement of operations on February 28, 2017 through January 31, 2018. |
(a) | Per share net investment income has been calculated using the average shares outstanding during the period. |
(b) | Had certain expenses not been waived/reimbursed during the period, total returns would have been lower. |
(c) | Periods less than one year are not annualized. |
(d) | The investment adviser agreed to waive its fees and/or reimburse a portion of the Fund’s expenses during the period. Without this waiver/reimbursement, expenses would have been higher. |
(e) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.59% and 3.85%, respectively. |
(f) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.61% and 5.33%, respectively. |
(g) | Effective June 1, 2019, the expense limit decreased from 0.65% to 0.59%. |
(h) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.65% and 6.53%, respectively. |
(i) | Computed on an annualized basis for periods less than one year. |
(j) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.65% and 6.01%, respectively. |
See accompanying notes to financial statements.
107 |
Financial Highlights (continued)
For a share outstanding throughout each period
Sustainable Future 2050 Fund—Class N | ||||||||||||||||
Year Ended January 31, 2021 | Year Ended January 31, 2020 | Year Ended January 31, 2019 | Period Ended January 31, 2018* | |||||||||||||
Net asset value, beginning of the period | $ | 11.15 | $ | 10.41 | $ | 12.38 | $ | 10.00 | ||||||||
|
|
|
|
|
|
|
| |||||||||
INCOME (LOSS) FROM INVESTMENT OPERATIONS: |
| |||||||||||||||
Net investment income(a) | 0.10 | 0.16 | 0.15 | 0.10 | ||||||||||||
Net realized and unrealized gain (loss) | 1.92 | 1.35 | (0.84 | ) | 2.45 | |||||||||||
|
|
|
|
|
|
|
| |||||||||
Total from Investment Operations | 2.02 | 1.51 | (0.69 | ) | 2.55 | |||||||||||
|
|
|
|
|
|
|
| |||||||||
LESS DISTRIBUTIONS FROM: |
| |||||||||||||||
Net investment income | (0.18 | ) | (0.15 | ) | (0.16 | ) | (0.11 | ) | ||||||||
Net realized capital gains | (1.24 | ) | (0.62 | ) | (1.12 | ) | (0.06 | ) | ||||||||
|
|
|
|
|
|
|
| |||||||||
Total Distributions | (1.42 | ) | (0.77 | ) | (1.28 | ) | (0.17 | ) | ||||||||
|
|
|
|
|
|
|
| |||||||||
Net asset value, end of the period | $ | 11.75 | $ | 11.15 | $ | 10.41 | $ | 12.38 | ||||||||
|
|
|
|
|
|
|
| |||||||||
Total return(b) | 18.94 | %(c) | 14.57 | % | (4.82 | )% | 25.64 | %(d) | ||||||||
RATIOS TO AVERAGE NET ASSETS: |
| |||||||||||||||
Net assets, end of the period (000’s) | $ | 5,017 | $ | 4,557 | $ | 2,492 | $ | 2,514 | ||||||||
Net expenses(e) | 0.38 | %(f) | 0.41 | %(g)(h) | 0.59 | %(i) | 0.62 | %(j)(k) | ||||||||
Gross expenses | 4.00 | %(f) | 5.24 | %(g) | 6.42 | %(i) | 6.00 | %(j)(k) | ||||||||
Net investment income | 0.90 | % | 1.43 | % | 1.29 | % | 0.94 | %(j) | ||||||||
Portfolio turnover rate | 80 | % | 75 | % | 83 | % | 18 | % |
* | From commencement of operations on February 28, 2017 through January 31, 2018. |
(a) | Per share net investment income has been calculated using the average shares outstanding during the period. |
(b) | Had certain expenses not been waived/reimbursed during the period, total returns would have been lower. |
(c) | Generally accepted accounting principles require certain adjustments to be made to the net assets of the Fund for financial reporting purposes only, and as such, the total returns based on the adjusted net asset values per share may differ from the total returns reported in the average annual total return table. |
(d) | Periods less than one year are not annualized. |
(e) | The investment adviser agreed to waive its fees and/or reimburse a portion of the Fund’s expenses during the period. Without this waiver/reimbursement, expenses would have been higher. |
(f) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.60% and 4.22%, respectively. |
(g) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.62% and 5.45%, respectively. |
(h) | Effective June 1, 2019, the expense limit decreased from 0.65% to 0.60%. |
(i) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.65% and 6.48%, respectively. |
(j) | Computed on an annualized basis for periods less than one year. |
(k) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.65% and 6.03%, respectively. |
See accompanying notes to financial statements.
| 108
Financial Highlights (continued)
For a share outstanding throughout each period
Sustainable Future 2055 Fund—Class N | ||||||||||||||||
Year Ended January 31, 2021 | Year Ended January 31, 2020 | Year Ended January 31, 2019 | Period Ended January 31, 2018* | |||||||||||||
Net asset value, beginning of the period | $ | 11.11 | $ | 10.43 | $ | 12.38 | $ | 10.00 | ||||||||
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INCOME (LOSS) FROM INVESTMENT OPERATIONS: |
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Net investment income(a) | 0.10 | 0.16 | 0.15 | 0.10 | ||||||||||||
Net realized and unrealized gain (loss) | 1.86 | 1.40 | (0.83 | ) | 2.45 | |||||||||||
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Total from Investment Operations | 1.96 | 1.56 | (0.68 | ) | 2.55 | |||||||||||
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LESS DISTRIBUTIONS FROM: |
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Net investment income | (0.20 | ) | (0.16 | ) | (0.16 | ) | (0.11 | ) | ||||||||
Net realized capital gains | (1.34 | ) | (0.72 | ) | (1.11 | ) | (0.06 | ) | ||||||||
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Total Distributions | (1.54 | ) | (0.88 | ) | (1.27 | ) | (0.17 | ) | ||||||||
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Net asset value, end of the period | $ | 11.53 | $ | 11.11 | $ | 10.43 | $ | 12.38 | ||||||||
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Total return(b) | 18.07 | % | 14.93 | % | (4.80 | )% | 25.64 | %(c) | ||||||||
RATIOS TO AVERAGE NET ASSETS: |
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Net assets, end of the period (000’s) | $ | 3,836 | $ | 4,178 | $ | 2,614 | $ | 2,534 | ||||||||
Net expenses(d) | 0.39 | %(e) | 0.42 | %(f)(g) | 0.59 | %(h) | 0.62 | %(i)(j) | ||||||||
Gross expenses | 4.49 | %(e) | 5.63 | %(f) | 6.44 | %(h) | 5.98 | %(i)(j) | ||||||||
Net investment income | 0.88 | % | 1.42 | % | 1.27 | % | 0.94 | %(i) | ||||||||
Portfolio turnover rate | 71 | % | 64 | % | 85 | % | 18 | % |
* | From commencement of operations on February 28, 2017 through January 31, 2018. |
(a) | Per share net investment income has been calculated using the average shares outstanding during the period. |
(b) | Had certain expenses not been waived/reimbursed during the period, total returns would have been lower. |
(c) | Periods less than one year are not annualized. |
(d) | The investment adviser agreed to waive its fees and/or reimburse a portion of the Fund’s expenses during the period. Without this waiver/reimbursement, expenses would have been higher. |
(e) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.60% and 4.70%, respectively. |
(f) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.62% and 5.83%, respectively. |
(g) | Effective June 1, 2019, the expense limit decreased from 0.65% to 0.60%. |
(h) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.65% and 6.50%, respectively. |
(i) | Computed on an annualized basis for periods less than one year. |
(j) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.65% and 6.01%, respectively. |
See accompanying notes to financial statements.
109 |
Financial Highlights (continued)
For a share outstanding throughout each period
Sustainable Future 2060 Fund—Class N | ||||||||||||||||
Year Ended January 31, 2021 | Year Ended January 31, 2020 | Year Ended January 31, 2019 | Period Ended January 31, 2018* | |||||||||||||
Net asset value, beginning of the period | $ | 11.03 | $ | 10.40 | $ | 12.38 | $ | 10.00 | ||||||||
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| |||||||||
INCOME (LOSS) FROM INVESTMENT OPERATIONS: |
| |||||||||||||||
Net investment income(a) | 0.10 | 0.16 | 0.15 | 0.10 | ||||||||||||
Net realized and unrealized gain (loss) | 1.95 | 1.38 | (0.82 | ) | 2.45 | |||||||||||
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Total from Investment Operations | 2.05 | 1.54 | (0.67 | ) | 2.55 | |||||||||||
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| |||||||||
LESS DISTRIBUTIONS FROM: |
| |||||||||||||||
Net investment income | (0.19 | ) | (0.17 | ) | (0.16 | ) | (0.11 | ) | ||||||||
Net realized capital gains | (1.25 | ) | (0.74 | ) | (1.15 | ) | (0.06 | ) | ||||||||
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| |||||||||
Total Distributions | (1.44 | ) | (0.91 | ) | (1.31 | ) | (0.17 | ) | ||||||||
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| |||||||||
Net asset value, end of the period | $ | 11.64 | $ | 11.03 | $ | 10.40 | $ | 12.38 | ||||||||
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Total return(b) | 19.09 | % | 14.78 | % | (4.56 | )% | 25.59 | %(c) | ||||||||
RATIOS TO AVERAGE NET ASSETS: |
| |||||||||||||||
Net assets, end of the period (000’s) | $ | 3,657 | $ | 3,198 | $ | 2,488 | $ | 2,575 | ||||||||
Net expenses(d) | 0.38 | %(e) | 0.42 | %(f)(g) | 0.59 | %(h) | 0.62 | %(i)(j) | ||||||||
Gross expenses | 5.25 | %(e) | 6.03 | %(f) | 6.45 | %(h) | 5.97 | %(i)(j) | ||||||||
Net investment income | 0.95 | % | 1.45 | % | 1.29 | % | 0.94 | %(i) | ||||||||
Portfolio turnover rate | 79 | % | 64 | % | 80 | % | 17 | % |
* | From commencement of operations on February 28, 2017 through January 31, 2018. |
(a) | Per share net investment income has been calculated using the average shares outstanding during the period. |
(b) | Had certain expenses not been waived/reimbursed during the period, total returns would have been lower. |
(c) | Periods less than one year are not annualized. |
(d) | The investment adviser agreed to waive its fees and/or reimburse a portion of the Fund’s expenses during the period. Without this waiver/reimbursement, expenses would have been higher. |
(e) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.60% and 5.47%, respectively. |
(f) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.62% and 6.23%, respectively. |
(g) | Effective June 1, 2019, the expense limit decreased from 0.65% to 0.60%. |
(h) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.65% and 6.51%, respectively. |
(i) | Computed on an annualized basis for periods less than one year. |
(j) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.65% and 6.00%, respectively. |
See accompanying notes to financial statements.
| 110
January 31, 2021
1. Organization. Natixis Funds Trust IV (the “Trust”) is organized as a Massachusetts business trust. The Trust is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Declaration of Trust permits the Board of Trustees to authorize the issuance of an unlimited number of shares of the Trust in multiple series. The financial statements for certain funds of the Trust are presented in separate reports. The following funds (individually, a “Fund” and collectively, the “Funds”) are included in this report:
Natixis Funds Trust IV:
Natixis Sustainable Future 2015 Fund (the “Sustainable Future 2015 Fund”)
Natixis Sustainable Future 2020 Fund (the “Sustainable Future 2020 Fund”)
Natixis Sustainable Future 2025 Fund (the “Sustainable Future 2025 Fund”)
Natixis Sustainable Future 2030 Fund (the “Sustainable Future 2030 Fund”)
Natixis Sustainable Future 2035 Fund (the “Sustainable Future 2035 Fund”)
Natixis Sustainable Future 2040 Fund (the “Sustainable Future 2040 Fund”)
Natixis Sustainable Future 2045 Fund (the “Sustainable Future 2045 Fund”)
Natixis Sustainable Future 2050 Fund (the “Sustainable Future 2050 Fund”)
Natixis Sustainable Future 2055 Fund (the “Sustainable Future 2055 Fund”)
Natixis Sustainable Future 2060 Fund (the “Sustainable Future 2060 Fund”)
On September 10, 2020, the Board of Trustees approved several changes to the Funds including (i) an investment strategy change and name change for the existing Mirova Carbon Neutral U.S. Equity Segment of each Fund; (ii) revisions to the Funds’ advisory and sub-advisory agreements to reduce the sub-advisory fee rate for the existing Loomis Sayles Core Fixed Income Segment of each Fund; and (iii) removal of references to certain underlying segments of the Funds to which Natixis Advisors, L.P. (“Natixis Advisors”) will no longer allocate assets. Effective October 30, 2020, Mirova Carbon Neutral U.S. Equity Segment’s name changed to “Mirova Climate Ambition U.S. Equity Segment.”
On December 3, 2020, the Board of Trustees approved the termination of the subadvisory agreement with Wilshire Associates Incorporated (“Wilshire”). Effective December 31, 2020, Wilshire no longer serves as a subadviser to the Funds and the responsibilities previously handled by Wilshire are now handled directly by Natixis Advisors.
Each Fund is a diversified investment company.
Each Fund offers Class N shares. Class N shares do not pay a front-end sales charge, a contingent deferred sales charge or Rule 12b-1 fees. Class N shares are offered with an initial minimum investment of $1,000,000. Certain categories of investors are exempted from the minimum investment amounts for Class N as outlined in the Funds’ prospectus.
Most expenses can be directly attributed to a Fund. Expenses which cannot be directly attributed to a Fund are generally apportioned based on the relative net assets of each of the funds in Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV and Gateway Trust (“Natixis Funds Trusts”), Loomis Sayles Funds I and Loomis Sayles Funds II (“Loomis Sayles Funds Trusts”) and Natixis ETF Trust and Natixis ETF Trust II (“Natixis ETF Trusts”).
2. Significant Accounting Policies. The following is a summary of significant accounting policies consistently followed by each Fund in the preparation of its financial statements. The Funds’ financial statements follow the accounting and reporting guidelines provided for investment companies and are prepared in accordance with accounting principles generally accepted in the United States of America which require the use of management estimates that affect the reported amounts and disclosures in the financial statements. Actual results could differ from those estimates. Management has evaluated the events and transactions subsequent to year-end through the date the financial statements were issued and has determined that there were no material events that would require disclosure in the Funds’ financial statements.
a. Valuation. Fund securities and other investments are valued at market value based on market quotations obtained or determined by independent pricing services recommended by the adviser or sub-adviser and approved by the Board of Trustees. Fund securities and other investments for which market quotations are not readily available are valued at fair value as determined in good faith by the adviser or sub-adviser pursuant to procedures approved by the Board of Trustees, as described below. Market value is determined as follows:
Listed equity securities (including shares of closed-end investment companies and exchange-traded funds) are valued at the last sale price quoted on the exchange where they are traded most extensively or, if there is no reported sale during the day, the closing bid quotation as reported by an independent pricing service. Securities traded on the NASDAQ Global Select Market, NASDAQ Global Market and NASDAQ Capital Market are valued at the NASDAQ Official Closing Price (“NOCP”), or if lacking an NOCP, at the most recent bid quotations on the applicable NASDAQ Market. Unlisted equity securities (except unlisted preferred equity securities) are valued at the last sale price quoted in the market where they are traded most extensively or, if there is no reported sale during the day,
111 |
Notes to Financial Statements (continued)
January 31, 2021
the closing bid quotation as reported by an independent pricing service. If there is no last sale price or closing bid quotation available, unlisted equity securities will be valued using evaluated bids furnished by an independent pricing service, if available. In some foreign markets, an official close price and a last sale price may be available from the foreign exchange or market. In those cases, the official close price is used. Debt securities and unlisted preferred equity securities are valued based on evaluated bids furnished to the Fund by an independent pricing service or bid prices obtained from broker-dealers. Broker-dealer bid prices may be used to value debt and unlisted equity securities where an independent pricing service is unable to price a security or where an independent pricing service does not provide a reliable price for the security. Mutual funds are valued at net asset value.
Fund securities and other investments for which market quotations are not readily available are valued at fair value as determined in good faith by the adviser pursuant to procedures approved by the Board of Trustees. The Funds may also value securities and other investments at fair value in other circumstances such as when extraordinary events occur after the close of a foreign market but prior to the close of the New York Stock Exchange. This may include situations relating to a single issuer (such as a declaration of bankruptcy or a delisting of the issuer’s security from the primary market on which it has traded) as well as events affecting the securities markets in general (such as market disruptions or closings and significant fluctuations in U.S. and/or foreign markets). When fair valuing its securities or other investments, the Funds may, among other things, use modeling tools or other processes that may take into account factors such as securities or other market activity and/or significant events that occur after the close of the foreign market and before the time the Fund’s net asset value (“NAV”) is calculated. Fair value pricing may require subjective determinations about the value of a security, and fair values used to determine a Fund’s NAV may differ from quoted or published prices, or from prices that are used by others, for the same securities. In addition, the use of fair value pricing may not always result in adjustments to the prices of securities held by a Fund.
b. Investment Transactions and Related Investment Income. Investment transactions are accounted for on a trade date plus one day basis for daily NAV calculation. However, for financial reporting purposes, investment transactions are reported on the trade date. Dividend income (including income reinvested) and foreign withholding tax, if applicable, is recorded on the ex-dividend date, or in the case of certain foreign securities, as soon as a Fund is notified, and interest income is recorded on an accrual basis. Interest income is increased by the accretion of discount and decreased by the amortization of premium, if applicable. Distributions received from investments in securities that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. In determining net gain or loss on securities sold, the cost of securities has been determined on an identified cost basis.
c. Foreign Currency Translation. The books and records of the Funds are maintained in U.S. dollars. The values of securities, currencies and other assets and liabilities denominated in currencies other than U.S. dollars, if any, are translated into U.S. dollars based upon foreign exchange rates prevailing at the end of the period. Purchases and sales of investment securities, income and expenses are translated into U.S. dollars on the respective dates of such transactions.
Net realized foreign exchange gains or losses arise from sales of foreign currency, changes in exchange rates between the trade and settlement dates on securities transactions and the difference between the amounts of dividends, interest and foreign withholding taxes recorded on the Funds’ books and the U.S. dollar equivalent of the amounts actually received or paid. Net unrealized foreign exchange gains or losses arise from changes in the value of assets and liabilities, other than investment securities, as of the end of the fiscal period, resulting from changes in exchange rates. Net realized foreign exchange gains or losses and the net change in unrealized foreign exchange gains or losses are disclosed in the Statements of Operations. For federal income tax purposes, net realized foreign exchange gains or losses are characterized as ordinary income, and may, if the Funds have net losses, reduce the amount of income available to be distributed by the Funds.
The values of investment securities are presented at the foreign exchange rates prevailing at the end of the period for financial reporting purposes. Net realized and unrealized gains or losses on investments reported in the Statements of Operations reflect gains or losses resulting from changes in exchange rates and fluctuations which arise due to changes in market prices of investment securities.
The Funds may use foreign currency exchange contracts to facilitate transactions in foreign-denominated investments. Losses may arise from changes in the value of the foreign currency or if the counterparties do not perform under the contracts’ terms.
d. Federal and Foreign Income Taxes. The Trust treats each Fund as a separate entity for federal income tax purposes. Each Fund intends to meet the requirements of the Internal Revenue Code of 1986, as amended, applicable to regulated investment companies, and to distribute to its shareholders substantially all of its net investment income and any net realized capital gains at least annually. Management has performed an analysis of each Fund’s tax positions for the open tax years as of January 31, 2021 and has concluded that no provisions for income tax are required. The Funds’ federal tax returns for the prior years remain subject to examination by the Internal Revenue Service. Management is not aware of any events that are reasonably possible to occur in the next twelve months that would result in the amounts of any unrecognized tax benefits significantly increasing or decreasing for the Funds. However, management’s conclusions regarding tax positions taken may be subject to review and adjustment at a later date based on factors including, but not limited to, new tax laws and accounting regulations and interpretations thereof.
| 112
Notes to Financial Statements (continued)
January 31, 2021
A Fund may be subject to foreign withholding taxes on investment income and taxes on capital gains on investments that are accrued and paid based upon the Fund’s understanding of the tax rules and regulations that exist in the countries in which the Fund invests. Foreign withholding taxes on dividend and interest income are reflected on the Statements of Operations as a reduction of investment income, net of amounts that have been or are expected to be reclaimed and paid. Dividends and interest receivable on the Statements of Assets and Liabilities are net of foreign withholding taxes. Foreign withholding taxes where reclaims have been or are expected to be filed and paid are reflected on the Statements of Assets and Liabilities as tax reclaims receivable. Capital gains taxes paid are included in net realized gain (loss) on investments in the Statements of Operations. Accrued but unpaid capital gains taxes are reflected as foreign taxes payable on the Statements of Assets and Liabilities, if applicable, and reduce unrealized gains on investments. In the event that realized gains on investments are subsequently offset by realized losses, taxes paid on realized gains may be returned to a Fund. Such amounts, if applicable, are reflected as foreign tax rebates receivable on the Statements of Assets and Liabilities and are recorded as a realized gain when received.
e. Dividends and Distributions to Shareholders. Dividends and distributions are recorded on the ex-dividend date. The timing and characterization of certain income and capital gain distributions are determined in accordance with federal tax regulations, which may differ from accounting principles generally accepted in the United States of America. Permanent differences are primarily due to differing treatments for book and tax purposes of items such as paydown gains and losses, premium amortization, corporate actions, distribution re-designations, return of capital distributions received, capital gain distribution received and distributions received from underlying funds. Permanent book and tax basis differences relating to shareholder distributions, net investment income and net realized gains will result in reclassifications to capital accounts reported on the Statements of Assets and Liabilities. Temporary differences between book and tax distributable earnings are primarily due to deferred Trustees’ fees, wash sales and premium amortization. Amounts of income and capital gain available to be distributed on a tax basis are determined annually, and at other times during the Funds’ fiscal year as may be necessary to avoid knowingly declaring and paying a return of capital distribution. Distributions from net investment income and short-term capital gains are considered to be distributed from ordinary income for tax purposes.
The tax characterization of distributions is determined on an annual basis. The tax character of distributions paid to shareholders during the years ended January 31, 2021 and 2020 was as follows:
2021 Distributions | 2020 Distributions | |||||||||||||||||||||||
Fund | Ordinary | Long-Term | Total | Ordinary | Long-Term | Total | ||||||||||||||||||
Sustainable Future 2015 Fund | $ | 267,785 | $ | 337,836 | $ | 605,621 | $ | 156,559 | $ | 165,576 | $ | 322,135 | ||||||||||||
Sustainable Future 2020 Fund | 355,113 | 351,060 | 706,173 | 177,667 | 107,387 | 285,054 | ||||||||||||||||||
Sustainable Future 2025 Fund | 283,245 | 305,924 | 589,169 | 150,416 | 135,307 | 285,723 | ||||||||||||||||||
Sustainable Future 2030 Fund | 319,330 | 218,168 | 537,498 | 157,746 | 140,118 | 297,864 | ||||||||||||||||||
Sustainable Future 2035 Fund | 259,380 | 263,690 | 523,070 | 186,903 | 131,147 | 318,050 | ||||||||||||||||||
Sustainable Future 2040 Fund | 246,499 | 343,563 | 590,062 | 147,146 | 153,541 | 300,687 | ||||||||||||||||||
Sustainable Future 2045 Fund | 196,192 | 239,735 | 435,927 | 99,913 | 153,981 | 253,894 | ||||||||||||||||||
Sustainable Future 2050 Fund | 235,300 | 277,219 | 512,519 | 112,587 | 151,484 | 264,071 | ||||||||||||||||||
Sustainable Future 2055 Fund | 180,418 | 251,264 | 431,682 | 104,280 | 149,757 | 254,037 | ||||||||||||||||||
Sustainable Future 2060 Fund | 144,087 | 231,539 | 375,626 | 81,555 | 155,655 | 237,210 |
Distributions paid to shareholders from net investment income and net realized capital gains, based on accounting principles generally accepted in the United States of America, are consolidated and reported on the Statements of Changes in Net Assets as Distributions to Shareholders. Distributions paid to shareholders from net investment income and net realized capital gains expressed in per-share amounts, based on accounting principles generally accepted in the United States of America, are separately stated and reported within the Financial Highlights.
As of January 31, 2021, the components of distributable earnings on a tax basis were as follows:
Sustainable | Sustainable | Sustainable | Sustainable | Sustainable | ||||||||||||||||
Undistributed ordinary income | $ | 26,518 | $ | 18,154 | $ | 39,298 | $ | 63,009 | $ | 85,646 | ||||||||||
Undistributed long-term capital gains | 34,574 | 16,716 | 69,918 | 114,464 | 171,276 | |||||||||||||||
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Total undistributed earnings | 61,092 | 34,870 | 109,216 | 177,473 | 256,922 | |||||||||||||||
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Unrealized appreciation | 383,364 | 172,937 | 515,455 | 766,567 | 691,848 | |||||||||||||||
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|
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|
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| |||||||||||
Total accumulated earnings | $ | 444,456 | $ | 207,807 | $ | 624,671 | $ | 944,040 | $ | 948,770 | ||||||||||
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113 |
Notes to Financial Statements (continued)
January 31, 2021
Sustainable | Sustainable | Sustainable | Sustainable | Sustainable | ||||||||||||||||
Undistributed ordinary income | $ | 57,641 | $ | 33,178 | $ | 32,286 | $ | 22,534 | $ | 27,843 | ||||||||||
Undistributed long-term capital gains | 102,762 | 55,269 | 50,732 | 33,894 | 44,597 | |||||||||||||||
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|
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|
| |||||||||||
Total undistributed earnings | 160,403 | 88,447 | 83,018 | 56,428 | 72,440 | |||||||||||||||
|
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|
| |||||||||||
Unrealized appreciation | 587,753 | 624,566 | 528,785 | 397,723 | 391,332 | |||||||||||||||
|
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|
|
|
|
|
|
|
| |||||||||||
Total accumulated earnings | $ | 748,156 | $ | 713,013 | $ | 611,803 | $ | 454,151 | $ | 463,772 | ||||||||||
|
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|
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|
|
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|
|
As of January 31, 2021, the tax cost of investments and unrealized appreciation (depreciation) on a federal tax basis were as follows:
Sustainable | Sustainable | Sustainable | Sustainable | Sustainable | ||||||||||||||||
Federal tax cost | $ | 3,875,798 | $ | 2,779,270 | $ | 6,712,007 | $ | 7,000,269 | $ | 6,671,546 | ||||||||||
|
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|
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|
| |||||||||||
Gross tax appreciation | $ | 407,204 | $ | 196,694 | $ | 566,323 | $ | 827,279 | $ | 747,680 | ||||||||||
Gross tax depreciation | (23,840 | ) | (23,757 | ) | (50,868 | ) | (60,712 | ) | (55,832 | ) | ||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net tax appreciation | $ | 383,364 | $ | 172,937 | $ | 515,455 | $ | 766,567 | $ | 691,848 | ||||||||||
|
|
|
|
|
|
|
|
|
|
Sustainable | Sustainable | Sustainable | Sustainable | Sustainable | ||||||||||||||||
Federal tax cost | $ | 4,600,863 | $ | 5,697,962 | $ | 4,442,898 | $ | 3,479,835 | $ | 3,301,504 | ||||||||||
|
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|
|
|
|
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|
| |||||||||||
Gross tax appreciation | $ | 643,194 | $ | 700,125 | $ | 583,358 | $ | 440,658 | $ | 432,275 | ||||||||||
Gross tax depreciation | (55,441 | ) | (75,559 | ) | (54,573 | ) | (42,935 | ) | (40,943 | ) | ||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||
Net tax appreciation | $ | 587,753 | $ | 624,566 | $ | 528,785 | $ | 397,723 | $ | 391,332 | ||||||||||
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f. Repurchase Agreements. Each Fund may enter into repurchase agreements, under the terms of a Master Repurchase Agreement, under which each Fund acquires securities as collateral and agrees to resell the securities at an agreed upon time and at an agreed upon price. It is each Fund’s policy that the market value of the collateral for repurchase agreements be at least equal to 102% of the repurchase price, including interest. Certain repurchase agreements are tri-party arrangements whereby the collateral is held in a segregated account for the benefit of the Fund and on behalf of the counterparty. Repurchase agreements could involve certain risks in the event of default or insolvency of the counterparty, including possible delays or restrictions upon a Fund’s ability to dispose of the underlying securities. As of January 31, 2021, each Fund, as applicable, had investments in repurchase agreements for which the value of the related collateral exceeded the value of the repurchase agreement. The gross value of repurchase agreements is included in the Statements of Assets and Liabilities for financial reporting purposes.
g. Indemnifications. Under the Trust’s organizational documents, its officers and Trustees are indemnified against certain liabilities arising out of the performance of their duties to the Funds. Additionally, in the normal course of business, the Funds enter into contracts with service providers that contain general indemnification clauses. The Funds’ maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Funds that have not yet occurred. However, based on experience, the Funds expect the risk of loss to be remote.
h. New Accounting Pronouncement. In March 2020, the Financial Accounting Standards Board issued Accounting Standard Update 2020-04, Reference Rate Reform (Topic 848) (“ASU 2020-04”). In response to concerns about structural risks of interbank offered rates, and particularly the risk of cessation of the London Interbank Offered Rate (“LIBOR”), which is expected to occur no later than December 31, 2021, regulators have undertaken reference rate reform initiatives to identify alternative reference rates that are more observable or transaction based and less susceptible to manipulation. ASU 2020-04 provides temporary guidance to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform on financial reporting. ASU 2020-04 is elective and applies to all entities, subject to meeting certain criteria, that have contracts that reference LIBOR or another reference rate expected to be discontinued because of reference rate reform. ASU 2020-04 amendments offer optional expedients for contract modifications that would allow an entity to account for such modifications by prospectively adjusting the effective interest rate, instead of evaluating each contract, in accordance with existing accounting standards, as to whether reference rate modifications constitute the establishment of new contracts or the continuation of existing contracts. ASU 2020-04 amendments are currently effective and an
| 114
Notes to Financial Statements (continued)
January 31, 2021
entity may elect to apply its provisions as of any date from the beginning of an interim period that includes or is subsequent to March 12, 2020. No Fund contracts have yet been impacted by reference rate reform. Management expects to apply the optional expedients when appropriate.
3. Fair Value Measurements. In accordance with accounting standards related to fair value measurements and disclosures, the Funds have categorized the inputs utilized in determining the value of each Fund’s assets or liabilities. These inputs are summarized in the three broad levels listed below:
• | Level 1 – quoted prices in active markets for identical assets or liabilities; |
• | Level 2 – prices determined using other significant inputs that are observable either directly, or indirectly through corroboration with observable market data (which could include quoted prices for similar assets or liabilities, interest rates, credit risk, etc.); and |
• | Level 3 – prices determined using significant unobservable inputs when quoted prices or observable inputs are unavailable such as when there is little or no market activity for an asset or liability (unobservable inputs reflect each Fund’s own assumptions in determining the fair value of assets or liabilities and would be based on the best information available). |
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
The following is a summary of the inputs used to value the Funds’ investments as of January 31, 2021, at value:
Sustainable Future 2015 Fund
Asset Valuation Inputs
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks(a) | $ | 1,258,157 | $ | — | $ | — | $ | 1,258,157 | ||||||||
Bonds and Notes(a) | — | 878,779 | — | 878,779 | ||||||||||||
Exchange-Traded Funds | 168,046 | — | — | 168,046 | ||||||||||||
Affiliated Mutual Funds | 1,853,422 | — | — | 1,853,422 | ||||||||||||
Short-Term Investments | — | 100,758 | — | 100,758 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total | $ | 3,279,625 | $ | 979,537 | $ | — | $ | 4,259,162 | ||||||||
|
|
|
|
|
|
|
|
(a) | Details of the major categories of the Fund’s investments are reflected within the Portfolio of Investments. |
Sustainable Future 2020 Fund
Asset Valuation Inputs
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks(a) | $ | 1,072,581 | $ | — | $ | — | $ | 1,072,581 | ||||||||
Bonds and Notes(a) | — | 551,544 | — | 551,544 | ||||||||||||
Exchange-Traded Funds | 139,037 | — | — | 139,037 | ||||||||||||
Affiliated Mutual Funds | 1,134,187 | — | — | 1,134,187 | ||||||||||||
Short-Term Investments | — | 54,858 | — | 54,858 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total | $ | 2,345,805 | $ | 606,402 | $ | — | $ | 2,952,207 | ||||||||
|
|
|
|
|
|
|
|
(a) | Details of the major categories of the Fund’s investments are reflected within the Portfolio of Investments. |
115 |
Notes to Financial Statements (continued)
January 31, 2021
Sustainable Future 2025 Fund
Asset Valuation Inputs
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks(a) | $ | 2,821,128 | $ | — | $ | — | $ | 2,821,128 | ||||||||
Bonds and Notes(a) | — | 1,220,773 | — | 1,220,773 | ||||||||||||
Exchange-Traded Funds | 387,525 | — | — | 387,525 | ||||||||||||
Affiliated Mutual Funds | 2,492,060 | — | — | 2,492,060 | ||||||||||||
Short-Term Investments | — | 305,976 | — | 305,976 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total | $ | 5,700,713 | $ | 1,526,749 | $ | — | $ | 7,227,462 | ||||||||
|
|
|
|
|
|
|
|
(a) | Details of the major categories of the Fund’s investments are reflected within the Portfolio of Investments. |
Sustainable Future 2030 Fund
Asset Valuation Inputs
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks(a) | $ | 3,430,020 | $ | — | $ | — | $ | 3,430,020 | ||||||||
Bonds and Notes(a) | — | 1,102,060 | — | 1,102,060 | ||||||||||||
Exchange-Traded Funds | 506,525 | — | — | 506,525 | ||||||||||||
Affiliated Mutual Funds | 2,533,443 | — | — | 2,533,443 | ||||||||||||
Short-Term Investments | — | 194,788 | — | 194,788 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total | $ | 6,469,988 | $ | 1,296,848 | $ | — | $ | 7,766,836 | ||||||||
|
|
|
|
|
|
|
|
(a) | Details of the major categories of the Fund’s investments are reflected within the Portfolio of Investments. |
Sustainable Future 2035 Fund
Asset Valuation Inputs
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks(a) | $ | 3,784,226 | $ | — | $ | — | $ | 3,784,226 | ||||||||
Bonds and Notes(a) | — | 648,057 | — | 648,057 | ||||||||||||
Exchange-Traded Funds | 499,508 | — | — | 499,508 | ||||||||||||
Affiliated Mutual Funds | 2,267,045 | — | — | 2,267,045 | ||||||||||||
Short-Term Investments | — | 164,558 | — | 164,558 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total | $ | 6,550,779 | $ | 812,615 | $ | — | $ | 7,363,394 | ||||||||
|
|
|
|
|
|
|
|
(a) | Details of the major categories of the Fund’s investments are reflected within the Portfolio of Investments. |
Sustainable Future 2040 Fund
Asset Valuation Inputs
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks(a) | $ | 2,814,574 | $ | — | $ | — | $ | 2,814,574 | ||||||||
Bonds and Notes(a) | — | 279,595 | — | 279,595 | ||||||||||||
Exchange-Traded Funds | 343,398 | — | — | 343,398 | ||||||||||||
Affiliated Mutual Funds | 1,494,407 | — | — | 1,494,407 | ||||||||||||
Short-Term Investments | — | 256,642 | — | 256,642 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total | $ | 4,652,379 | $ | 536,237 | $ | — | $ | 5,188,616 | ||||||||
|
|
|
|
|
|
|
|
(a) | Details of the major categories of the Fund’s investments are reflected within the Portfolio of Investments. |
| 116
Notes to Financial Statements (continued)
January 31, 2021
Sustainable Future 2045 Fund
Asset Valuation Inputs
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks(a) | $ | 3,572,091 | $ | — | $ | — | $ | 3,572,091 | ||||||||
Bonds and Notes(a) | — | 236,224 | — | 236,224 | ||||||||||||
Exchange-Traded Funds | 533,724 | — | — | 533,724 | ||||||||||||
Affiliated Mutual Funds | 1,687,580 | — | — | 1,687,580 | ||||||||||||
Short-Term Investments | — | 292,909 | — | 292,909 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total | $ | 5,793,395 | $ | 529,133 | $ | — | $ | 6,322,528 | ||||||||
|
|
|
|
|
|
|
|
(a) | Details of the major categories of the Fund’s investments are reflected within the Portfolio of Investments. |
Sustainable Future 2050 Fund
Asset Valuation Inputs
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks(a) | $ | 2,944,928 | $ | — | $ | — | $ | 2,944,928 | ||||||||
Bonds and Notes(a) | — | 196,871 | — | 196,871 | ||||||||||||
Exchange-Traded Funds | 419,789 | — | — | 419,789 | ||||||||||||
Affiliated Mutual Funds | 1,264,983 | — | — | 1,264,983 | ||||||||||||
Short-Term Investments | — | 145,112 | — | 145,112 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total | $ | 4,629,700 | $ | 341,983 | $ | — | $ | 4,971,683 | ||||||||
|
|
|
|
|
|
|
|
(a) | Details of the major categories of the Fund’s investments are reflected within the Portfolio of Investments. |
Sustainable Future 2055 Fund
Asset Valuation Inputs
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks(a) | $ | 2,213,000 | $ | — | $ | — | $ | 2,213,000 | ||||||||
Bonds and Notes(a) | — | 134,631 | — | 134,631 | ||||||||||||
Exchange-Traded Funds | 356,419 | — | — | 356,419 | ||||||||||||
Affiliated Mutual Funds | 985,549 | — | — | 985,549 | ||||||||||||
Short-Term Investments | — | 187,959 | — | 187,959 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total | $ | 3,554,968 | $ | 322,590 | $ | — | $ | 3,877,558 | ||||||||
|
|
|
|
|
|
|
|
(a) | Details of the major categories of the Fund’s investments are reflected within the Portfolio of Investments. |
Sustainable Future 2060 Fund
Asset Valuation Inputs
Description | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks(a) | $ | 2,174,460 | $ | — | $ | — | $ | 2,174,460 | ||||||||
Bonds and Notes(a) | — | 141,292 | — | 141,292 | ||||||||||||
Exchange-Traded Funds | 311,930 | — | — | 311,930 | ||||||||||||
Affiliated Mutual Funds | 939,024 | — | — | 939,024 | ||||||||||||
Short-Term Investments | — | 126,130 | — | 126,130 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total | $ | 3,425,414 | $ | 267,422 | $ | — | $ | 3,692,836 | ||||||||
|
|
|
|
|
|
|
|
(a) | Details of the major categories of the Fund’s investments are reflected within the Portfolio of Investments. |
117 |
Notes to Financial Statements (continued)
January 31, 2021
4. Purchases and Sales of Securities. For the year ended January 31, 2021, purchases and sales of securities (excluding short-term investments and including paydowns) were as follows:
U.S. Government/Agency | Other Securities | |||||||||||||||
Fund | Purchases | Sales | Purchases | Sales | ||||||||||||
Sustainable Future 2015 Fund | $ | 601,902 | $ | 835,168 | $ | 2,874,725 | $ | 5,184,505 | ||||||||
Sustainable Future 2020 Fund | 604,405 | 909,010 | 3,792,818 | 6,957,342 | ||||||||||||
Sustainable Future 2025 Fund | 707,086 | 670,783 | 4,733,350 | 4,559,723 | ||||||||||||
Sustainable Future 2030 Fund | 407,304 | 384,716 | 4,751,426 | 4,324,071 | ||||||||||||
Sustainable Future 2035 Fund | 342,834 | 344,133 | 5,790,907 | 5,101,015 | ||||||||||||
Sustainable Future 2040 Fund | 172,734 | 196,611 | 3,293,654 | 4,812,246 | ||||||||||||
Sustainable Future 2045 Fund | 129,028 | 135,295 | 3,773,434 | 3,434,032 | ||||||||||||
Sustainable Future 2050 Fund | 135,399 | 125,529 | 3,435,174 | 3,861,976 | ||||||||||||
Sustainable Future 2055 Fund | 106,992 | 114,987 | 2,567,357 | 3,585,704 | ||||||||||||
Sustainable Future 2060 Fund | 110,511 | 109,946 | 2,436,227 | 2,626,138 |
5. Management Fees and Other Transactions with Affiliates.
a. Management Fees. Natixis Advisors serves as investment adviser to each Fund. Natixis Advisors is a wholly-owned subsidiary of Natixis Investment Managers, LLC (“Natixis”), which is part of Natixis Investment Managers, an international asset management group based in Paris, France. Natixis Advisors, through its Active Index Advisors® division (“AIA”), makes investment decisions with respect to the AIA U.S. Large Cap Value ESG Segment, AIA U.S. Small/Mid Cap ESG Segment, AIA International Developed Markets Equity ESG Segment and, prior to October 30, 2020, the AIA Emerging Markets ESG Segment of each Fund. Additionally, Natixis Advisors performs certain asset allocation, glide path monitoring and compliance responsibilities for each Fund, and oversees, evaluates and monitors the subadvisory services provided to each Fund. Under the terms of the management agreements, each Fund pays a management fee calculated daily and payable monthly, based on each Fund’s average daily net assets.
Natixis Advisors has entered into a subadvisory agreement with Harris Associates L.P. (“Harris”) with respect to the Harris Associates Large Cap Value Segment of each Fund. Harris is a limited partnership whose sole general partner, Harris Associates Inc., is a subsidiary of Natixis.
Natixis Advisors has entered into a subadvisory agreement with Loomis, Sayles & Company, L.P. (“Loomis Sayles”) with respect to the Loomis Sayles All Cap Growth Segment and Loomis Sayles Core Fixed Income Segment of each Fund. Loomis Sayles is a limited partnership whose sole general partner, Loomis, Sayles & Company, Inc., is indirectly owned by Natixis.
Natixis Advisors has entered into a subadvisory agreement with Mirova US LLC (“Mirova US”) with respect to the Mirova Climate Ambition U.S. Equity Segment of each Fund. Mirova US has entered into a personnel sharing arrangement with its Paris-based affiliate, Mirova, which is part of Natixis Investment Managers.
Effective December 31, 2020, the aggregate management fee to be paid by each Fund is equal to the sum of: (i) 0.165% of the average daily net assets of the AIA U.S. Large Cap Value ESG Segment, (ii) 0.20% of the average daily net assets of the AIA U.S. Small/Mid Cap ESG Segment, and (iii) 0.20% of the average daily net assets of the AIA International Developed Markets Equity ESG Segment, each payable to Natixis Advisors as adviser; (iv) 0.52% of the average daily net assets of the Harris Associates Large Cap Value Segment, payable by the Fund directly to Harris as sub-adviser; (v) 0.35% of the average daily net assets of the Loomis Sayles All Cap Growth Segment, and (vi) 0.15% of the average daily net assets of the Loomis Sayles Core Fixed Income Segment, each payable by the Fund directly to Loomis Sayles as sub-adviser; (vii) 0.25% of the average daily net assets of the Mirova Climate Ambition U.S. Equity Segment, payable by the Fund directly to Mirova US as sub-adviser. The aggregate management fee payable by each Fund is subject to a maximum equal to the sum of: (i) 0.25% of the average daily net assets of each segment managed directly by Natixis Advisors and (ii) 0.70% of the average daily net assets of any segment managed by any sub-adviser.
Prior to December 31, 2020, Natixis Advisors had also entered into a subadvisory agreement with Wilshire, pursuant to which Wilshire performed certain asset allocation, glide path monitoring and compliance responsibilities for each Fund, which are now handled directly by Natixis Advisors. The aggregate management fee paid by each Fund included fees paid to Wilshire equal to the greater of an asset based fee calculated by multiplying the Fund’s average daily net assets by a rate based on the combined average daily net assets of all the Funds, equal to 0.08% of the first $250 million, 0.07% of the next $250 million, 0.06% of the next $750 million and 0.03% of amounts exceeding $1.25 billion of the combined average daily net assets of the Funds, or the Fund’s allocable portion of a minimum annual fee of $250,000 which applied to the Funds in the aggregate, payable by each Fund directly to Wilshire as sub-adviser. The aggregate management fee paid by each Fund was subject to a maximum equal to the sum of: (i) 0.25% of the average daily net assets
| 118
Notes to Financial Statements (continued)
January 31, 2021
of each segment managed directly by Natixis Advisors; (ii) 0.70% of the average daily net assets of any segment managed by any sub-adviser other than Wilshire; and (iii) the greater of the asset based fee, or the Fund’s allocable portion of the minimum annual aggregate fee as outlined above for Wilshire.
Prior to October 30, 2020, the aggregate management fee paid by each Fund included fees with respect to the Loomis Sayles Core Fixed Income Segment of 0.20% of the average daily net assets of such segment, payable by the Fund directly to Loomis Sayles as sub-adviser, and fees with respect to the AIA Emerging Markets ESG Segment of 0.25% of the average daily net assets of such segment, payable to Natixis Advisors as adviser.
Management fees payable to Natixis Advisors with respect to the AIA International Developed Markets Equity ESG Segment and, prior to October 30, 2020, the AIA Emerging Markets ESG Segment were voluntarily waived.
Natixis Advisors has given binding undertakings to the Funds to waive management fees and/or reimburse certain expenses, including fees paid to the sub-advisers and expenses of the underlying funds in which each fund invests, to limit the Funds’ operating expenses, exclusive of brokerage expenses, interest expense, taxes, organizational and extraordinary expenses, such as litigation and indemnification expenses. These undertakings are in effect until May 31, 2022, may be terminated before then only with the consent of the Funds’ Board of Trustees, and are reevaluated on an annual basis. Management fees payable, as reflected on the Statements of Assets and Liabilities, is net of waivers and/or expense reimbursements, if any, pursuant to these undertakings. Waivers/reimbursements that exceed management fees payable are reflected on the Statements of Assets and Liabilities as receivable from investment adviser.
For the year ended January 31, 2021, the Funds’ expense limit as a percentage of average daily net assets under the expense limitation agreements, including expenses of the underlying funds in which each Fund invests, were as follows:
Fund | Expense Limit as a Percentage of | |||
Sustainable Future 2015 Fund | 0.55 | % | ||
Sustainable Future 2020 Fund | 0.55 | % | ||
Sustainable Future 2025 Fund | 0.56 | % | ||
Sustainable Future 2030 Fund | 0.57 | % | ||
Sustainable Future 2035 Fund | 0.58 | % | ||
Sustainable Future 2040 Fund | 0.59 | % | ||
Sustainable Future 2045 Fund | 0.59 | % | ||
Sustainable Future 2050 Fund | 0.60 | % | ||
Sustainable Future 2055 Fund | 0.60 | % | ||
Sustainable Future 2060 Fund | 0.60 | % |
Natixis Advisors shall be permitted to recover expenses borne under the expense limitation agreements (whether through waiver of management fees or otherwise) in later periods to the extent a Fund’s annual operating expenses fall below its expense limit, provided, however, that a Fund is not obligated to pay such waived/reimbursed fees or expenses more than one year after the end of the fiscal year in which the fees or expenses were waived/reimbursed.
For the year ended January 31, 2021, the management fees and waivers/reimbursements of management fees for each Fund were as follows:
Fund | Gross Management Fees | Contractual Waivers of Management Fees1 | Voluntary Waivers of Management Fees2 | Reimbursement of Sub-Adviser Fees3 | Net Management Fees | Percentage of Average Daily Net Assets | ||||||||||||||||||||||
Gross | Net | |||||||||||||||||||||||||||
Sustainable Future 2015 Fund | $ | 35,669 | $ | 1,146 | $ | 732 | $ | 33,791 | — | 0.59 | % | — | ||||||||||||||||
Sustainable Future 2020 Fund | 29,712 | 1,032 | 777 | 27,903 | — | 0.61 | % | — | ||||||||||||||||||||
Sustainable Future 2025 Fund | 39,217 | 1,552 | 1,223 | 36,442 | — | 0.60 | % | — | ||||||||||||||||||||
Sustainable Future 2030 Fund | 44,049 | 2,016 | 1,487 | 40,546 | — | 0.62 | % | — | ||||||||||||||||||||
Sustainable Future 2035 Fund | 40,110 | 2,010 | 1,496 | 36,604 | — | 0.63 | % | — | ||||||||||||||||||||
Sustainable Future 2040 Fund | 36,442 | 1,918 | 1,456 | 33,068 | — | 0.65 | % | — | ||||||||||||||||||||
Sustainable Future 2045 Fund | 33,080 | 1,780 | 1,441 | 29,859 | — | 0.65 | % | — | ||||||||||||||||||||
Sustainable Future 2050 Fund | 30,315 | 1,667 | 1,454 | 27,194 | — | 0.66 | % | — | ||||||||||||||||||||
Sustainable Future 2055 Fund | 26,046 | 1,424 | 1,255 | 23,367 | — | 0.66 | % | — | ||||||||||||||||||||
Sustainable Future 2060 Fund | 21,213 | 1,167 | 1,010 | 19,036 | — | 0.65 | % | — |
1 | Waiver of Natixis Advisors’ management fee with respect to the AIA U.S. Large Cap Value ESG and AIA U.S. Small/Mid Cap ESG Segments is subject to possible recovery until January 31, 2022. |
2 | Voluntary waiver of Natixis Advisors’ management fee is not subject to recovery under the expense limitation agreements described above. |
3 | Contractual reimbursements of fees paid directly to sub-advisers are subject to possible recovery until January 31, 2022. |
119 |
Notes to Financial Statements (continued)
January 31, 2021
For the year ended January 31, 2021, expenses have been reimbursed as follows (including fees paid to the sub-advisers included in the table above):
Fund | Sub-Adviser Fees4 | Other Expenses4 | Total Reimbursement4 | |||||||||
Sustainable Future 2015 Fund | $ | 33,791 | $ | 133,317 | $ | 167,108 | ||||||
Sustainable Future 2020 Fund | 27,903 | 142,169 | 170,072 | |||||||||
Sustainable Future 2025 Fund | 36,442 | 134,705 | 171,147 | |||||||||
Sustainable Future 2030 Fund | 40,546 | 136,907 | 177,453 | |||||||||
Sustainable Future 2035 Fund | 36,604 | 130,654 | 167,258 | |||||||||
Sustainable Future 2040 Fund | 33,068 | 132,997 | 166,065 | |||||||||
Sustainable Future 2045 Fund | 29,859 | 133,302 | 163,161 | |||||||||
Sustainable Future 2050 Fund | 27,194 | 137,088 | 164,282 | |||||||||
Sustainable Future 2055 Fund | 23,367 | 135,823 | 159,190 | |||||||||
Sustainable Future 2060 Fund | 19,036 | 136,907 | 155,943 |
4 | Contractual expense reimbursements are subject to possible recovery until January 31, 2022. |
No expenses were recovered during the year ended January 31, 2021 under the terms of the expense limitation agreement.
b. Service and Distribution Fees. Natixis Distribution, L.P. (“Natixis Distribution”), which is a wholly-owned subsidiary of Natixis, has entered into a distribution agreement with the Trust. Pursuant to this agreement, Natixis Distribution serves as principal underwriter of the Funds of the Trust. Natixis Distribution currently is not paid a fee for serving as distributor for the Funds.
c. Administrative Fees. Natixis Advisors provides certain administrative services for the Funds and contracts with State Street Bank and Trust Company (“State Street Bank”) to serve as sub-administrator. Pursuant to an agreement among Natixis Funds Trusts, Loomis Sayles Funds Trusts, Natixis ETF Trusts and Natixis Advisors, each Fund pays Natixis Advisors monthly its pro rata portion of fees equal to an annual rate of 0.0540% of the first $15 billion of the average daily net assets of the Natixis Funds Trusts, Loomis Sayles Funds Trusts and Natixis ETF Trusts, 0.0500% of the next $15 billion, 0.0400% of the next $30 billion, 0.0275% of the next $30 billion and 0.0225% of such assets in excess of $90 billion, subject to an annual aggregate minimum fee for the Natixis Funds Trusts, Loomis Sayles Funds Trusts and Natixis ETF Trusts of $10 million, which is reevaluated on an annual basis.
For the year ended January 31, 2021, the administrative fees for each Fund were as follows:
Fund | Administrative | |||
Sustainable Future 2015 Fund | $ | 2,687 | ||
Sustainable Future 2020 Fund | 2,138 | |||
Sustainable Future 2025 Fund | 2,860 | |||
Sustainable Future 2030 Fund | 3,129 | |||
Sustainable Future 2035 Fund | 2,794 | |||
Sustainable Future 2040 Fund | 2,468 | |||
Sustainable Future 2045 Fund | 2,245 | |||
Sustainable Future 2050 Fund | 2,035 | |||
Sustainable Future 2055 Fund | 1,738 | |||
Sustainable Future 2060 Fund | 1,426 |
d. Trustees Fees and Expenses. The Trust does not pay any compensation directly to its officers or Trustees who are directors, officers or employees of Natixis Advisors, Natixis Distribution, Natixis or their affiliates. The Chairperson of the Board of Trustees receives a retainer fee at the annual rate of $369,000. The Chairperson does not receive any meeting attendance fees for Board of Trustees meetings or committee meetings that he attends. Each Independent Trustee (other than the Chairperson) receives, in the aggregate, a retainer fee at the annual rate of $199,000. Each Independent Trustee also receives a meeting attendance fee of $10,000 for each meeting of the Board of Trustees that he or she attends in person and $5,000 for each meeting of the Board of Trustees that he or she attends telephonically. In addition, the chairperson of the Contract Review Committee, the chairperson of the Audit Committee and the chairperson of the Governance Committee each receive an additional retainer fee at the annual rate of $20,000. Each Contract Review Committee member is compensated $6,000 for each Committee meeting that he or she attends in person and $3,000 for each meeting that he or she attends telephonically. Each Audit Committee member is compensated $6,000 for each Committee meeting that he or she attends in person and $3,000 for each 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 Trusts based on a formula that takes into account, among other factors, the relative net assets of each fund. Trustees are reimbursed for travel expenses in connection with attendance at meetings.
| 120
Notes to Financial Statements (continued)
January 31, 2021
A deferred compensation plan (the “Plan”) is available to the Trustees on a voluntary basis. Deferred amounts remain in the Funds until distributed in accordance with the provisions of the Plan. The value of a participating Trustee’s deferral account is based on theoretical investments of deferred amounts, on the normal payment dates, in certain funds of the Natixis Funds Trusts, Loomis Sayles Funds Trusts and Natixis ETF Trusts as designated by the participating Trustees. Changes in the value of participants’ deferral accounts are allocated pro rata among the funds in the Natixis Funds Trusts, Loomis Sayles Funds Trusts and Natixis ETF Trusts, and are normally reflected as Trustees’ fees and expenses in the Statements of Operations. The portions of the accrued obligations allocated to the Funds under the Plan are reflected as Deferred Trustees’ fees in the Statements of Assets and Liabilities.
Certain officers and employees of Natixis Advisors and its affiliates are also officers and/or Trustees of the Trust.
e. Affiliated Ownership. As of January 31, 2021, the percentage of each Fund’s net assets owned by Natixis and affiliates is as follows:
Percentage of | ||||
Sustainable Future 2015 Fund | 45.27 | % | ||
Sustainable Future 2020 Fund | 14.64 | % | ||
Sustainable Future 2030 Fund | 6.82 | % | ||
Sustainable Future 2055 Fund | 13.35 | % | ||
Sustainable Future 2060 Fund | 43.25 | % |
Investment activities of affiliated shareholders could have material impacts on the Funds.
f. Payment by Affiliates. For the year ended January 31, 2021, Natixis Advisors reimbursed Sustainable Future 2060 Fund $5,797 in connection with a trading error.
g. Affiliated Fund Transactions. A summary of affiliated fund transactions for each underlying fund held by the Funds for the year ended January 31, 2021, is as follows:
Sustainable Future 2015 Fund
Fund | Beginning | Purchase | Sales | Realized | Change in | Ending | Distribution | |||||||||||||||||||||
Loomis Sayles Inflation Protected Securities Fund, Class N | $ | 814,794 | $ | 189,664 | $ | 538,470 | $ | 56,079 | $ | 21,492 | $ | 543,559 | $ | 7,182 | ||||||||||||||
Loomis Sayles Limited Term Government and Agency Fund, Class N | 715,181 | 215,767 | 461,653 | 9,188 | (454 | ) | 478,029 | 9,230 | ||||||||||||||||||||
Mirova Global Green Bond Fund, Class N | 684,150 | 159,302 | 420,983 | 34,043 | (19,786 | ) | 436,726 | 18,300 | ||||||||||||||||||||
Mirova International Sustainable Equity Fund, Class N | 448,734 | 188,118 | 529,755 | 62,135 | 6,340 | 175,572 | 17,921 | |||||||||||||||||||||
WCM Focused Emerging Markets Fund, Institutional Class | — | 39,634 | 1,599 | 185 | 6,287 | 44,507 | 388 | |||||||||||||||||||||
WCM Focused International Growth Fund, Institutional Class | — | 159,671 | 7,026 | 811 | 21,573 | 175,029 | 2,514 | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||
$ | 2,662,859 | $ | 952,156 | $ | 1,959,486 | $ | 162,441 | $ | 35,452 | $ | 1,853,422 | $ | 55,535 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) | Purchase cost includes dividend reinvested, if any. |
(2) | Distributions received includes distributions from net investment income and from capital gains, if any. |
121 |
Notes to Financial Statements (continued)
January 31, 2021
Sustainable Future 2020 Fund
Fund | Beginning | Purchase | Sales | Realized | Change in | Ending | Distribution | |||||||||||||||||||||
Loomis Sayles Inflation Protected Securities Fund, Class N | $ | 518,655 | $ | 248,276 | $ | 566,360 | $ | 48,843 | $ | (6,271 | ) | $ | 243,143 | $ | 3,546 | |||||||||||||
Loomis Sayles Limited Term Government and Agency Fund, Class N | 615,284 | 322,453 | 662,838 | 13,351 | (5,487 | ) | 282,763 | 6,744 | ||||||||||||||||||||
Mirova Global Green Bond Fund, Class N | 615,575 | 284,576 | 639,840 | 36,570 | (27,552 | ) | 269,329 | 12,150 | ||||||||||||||||||||
Mirova International Sustainable Equity Fund, Class N | 510,216 | 261,646 | 688,563 | 79,341 | (23,864 | ) | 138,776 | 14,463 | ||||||||||||||||||||
WCM Focused Emerging Markets Fund, Institutional Class | — | 54,763 | 1,479 | 195 | 8,798 | 62,277 | 541 | |||||||||||||||||||||
WCM Focused International Growth Fund, Institutional Class | — | 124,045 | 3,600 | 457 | 16,997 | 137,899 | 1,975 | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||
$ | 2,259,730 | $ | 1,295,759 | $ | 2,562,680 | $ | 178,757 | $ | (37,379 | ) | $ | 1,134,187 | $ | 39,419 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) | Purchase cost includes dividend reinvested, if any. |
(2) | Distributions received includes distributions from net investment income and from capital gains, if any. |
Sustainable Future 2025 Fund
Fund | Beginning | Purchase | Sales | Realized | Change in | Ending | Distribution | |||||||||||||||||||||
Loomis Sayles Inflation Protected Securities Fund, Class N | $ | 322,163 | $ | 198,061 | $ | 166,352 | $ | 16,537 | $ | 15,712 | $ | 386,121 | $ | 3,675 | ||||||||||||||
Loomis Sayles Limited Term Government and Agency Fund, Class N | 482,941 | 311,142 | 242,335 | 5,304 | 386 | 557,438 | 6,572 | |||||||||||||||||||||
Mirova Global Green Bond Fund, Class N | 515,436 | 275,445 | 239,863 | 19,991 | (15,315 | ) | 555,694 | 19,914 | ||||||||||||||||||||
Mirova International Sustainable Equity Fund, Class N | 634,081 | 292,739 | 608,619 | 76,837 | (9,952 | ) | 385,086 | 37,742 | ||||||||||||||||||||
WCM Focused Emerging Markets Fund, Institutional Class | — | 194,194 | 3,747 | 633 | 27,229 | 218,309 | 1,893 | |||||||||||||||||||||
WCM Focused International Growth Fund, Institutional Class | — | 351,469 | 3,493 | 531 | 40,905 | 389,412 | 5,522 | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||
$ | 1,954,621 | $ | 1,623,050 | $ | 1,264,409 | $ | 119,833 | $ | 58,965 | $ | 2,492,060 | $ | 75,318 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) | Purchase cost includes dividend reinvested, if any. |
(2) | Distributions received includes distributions from net investment income and from capital gains, if any. |
| 122
Notes to Financial Statements (continued)
January 31, 2021
Sustainable Future 2030 Fund
Fund | Beginning | Purchase | Sales | Realized | Change in | Ending | Distribution | |||||||||||||||||||||
Loomis Sayles Inflation Protected Securities Fund, Class N | $ | 322,480 | $ | 152,429 | $ | 114,892 | $ | 8,293 | $ | 24,974 | $ | 393,284 | $ | 3,672 | ||||||||||||||
Loomis Sayles Limited Term Government and Agency Fund, Class N | 357,919 | 159,301 | 131,761 | 2,917 | 1,654 | 390,030 | 4,946 | |||||||||||||||||||||
Mirova Global Green Bond Fund, Class N | 429,745 | 201,925 | 128,130 | 8,021 | (4,183 | ) | 507,378 | 17,312 | ||||||||||||||||||||
Mirova International Sustainable Equity Fund, Class N | 810,571 | 305,260 | 672,958 | 78,171 | 8,315 | 529,359 | 53,782 | |||||||||||||||||||||
WCM Focused Emerging Markets Fund, Institutional Class | — | 219,988 | 16,019 | 2,065 | 33,883 | 239,917 | 2,184 | |||||||||||||||||||||
WCM Focused International Growth Fund, Institutional Class | — | 442,099 | 30,619 | 3,663 | 58,332 | 473,475 | 7,082 | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||
$ | 1,920,715 | $ | 1,481,002 | $ | 1,094,379 | $ | 103,130 | $ | 122,975 | $ | 2,533,443 | $ | 88,978 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) | Purchase cost includes dividend reinvested, if any. |
(2) | Distributions received includes distributions from net investment income and from capital gains, if any. |
Sustainable Future 2035 Fund
Fund | Beginning | Purchase | Sales | Realized | Change in | Ending | Distribution | |||||||||||||||||||||
Loomis Sayles Inflation Protected Securities Fund, Class N | $ | 209,556 | $ | 222,862 | $ | 137,448 | $ | 13,677 | $ | 8,351 | $ | 316,998 | $ | 2,646 | ||||||||||||||
Loomis Sayles Limited Term Government and Agency Fund, Class N | 209,352 | 202,229 | 136,386 | 3,382 | (1,086 | ) | 277,491 | 3,011 | ||||||||||||||||||||
Mirova Global Green Bond Fund, Class N | 239,601 | 252,709 | 139,638 | 11,716 | (8,507 | ) | 355,881 | 10,791 | ||||||||||||||||||||
Mirova International Sustainable Equity Fund, Class N | 736,642 | 399,794 | 693,673 | 93,163 | (10,588 | ) | 525,338 | 46,874 | ||||||||||||||||||||
WCM Focused Emerging Markets Fund, Institutional Class | — | 269,345 | 43,879 | 3,464 | 33,555 | 262,485 | 2,166 | |||||||||||||||||||||
WCM Focused International Growth Fund, Institutional Class | — | 557,346 | 91,680 | 8,088 | 55,098 | 528,852 | 6,897 | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||
$ | 1,395,151 | $ | 1,904,285 | $ | 1,242,704 | $ | 133,490 | $ | 76,823 | $ | 2,267,045 | $ | 72,385 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) | Purchase cost includes dividend reinvested, if any. |
(2) | Distributions received includes distributions from net investment income and from capital gains, if any. |
123 |
Notes to Financial Statements (continued)
January 31, 2021
Sustainable Future 2040 Fund
Fund | Beginning | Purchase | Sales | Realized | Change in | Ending | Distribution | |||||||||||||||||||||
Loomis Sayles Inflation Protected Securities Fund, Class N | $ | 158,340 | $ | 75,669 | $ | 108,126 | $ | 10,357 | $ | 4,548 | $ | 140,788 | $ | 1,532 | ||||||||||||||
Loomis Sayles Limited Term Government and Agency Fund, Class N | 126,556 | 72,020 | 87,314 | 2,037 | (517 | ) | 112,782 | 1,644 | ||||||||||||||||||||
Mirova Global Green Bond Fund, Class N | 221,691 | 107,451 | 135,748 | 9,324 | (5,751 | ) | 196,967 | 7,322 | ||||||||||||||||||||
Mirova International Sustainable Equity Fund, Class N | 872,982 | 169,376 | 710,234 | 112,535 | (17,498 | ) | 427,161 | 44,458 | ||||||||||||||||||||
WCM Focused Emerging Markets Fund, Institutional Class | — | 206,750 | 25,014 | 3,617 | 28,241 | 213,594 | 1,944 | |||||||||||||||||||||
WCM Focused International Growth Fund, Institutional Class | — | 388,748 | 36,814 | 4,706 | 46,475 | 403,115 | 5,907 | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||
$ | 1,379,569 | $ | 1,020,014 | $ | 1,103,250 | $ | 142,576 | $ | 55,498 | $ | 1,494,407 | $ | 62,807 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) | Purchase cost includes dividend reinvested, if any. |
(2) | Distributions received includes distributions from net investment income and from capital gains, if any. |
Sustainable Future 2045 Fund
Fund | Beginning | Purchase | Sales | Realized | Change in | Ending | Distribution | |||||||||||||||||||||
Loomis Sayles Inflation Protected Securities Fund, Class N | $ | 55,746 | $ | 98,939 | $ | 28,004 | $ | 2,860 | $ | 2,992 | $ | 132,533 | $ | 814 | ||||||||||||||
Loomis Sayles Limited Term Government and Agency Fund, Class N | 83,527 | 58,115 | 42,911 | 873 | 36 | 99,640 | 1,087 | |||||||||||||||||||||
Mirova Global Green Bond Fund, Class N | 83,514 | 53,335 | 38,049 | 2,092 | (1,504 | ) | 99,388 | 2,814 | ||||||||||||||||||||
Mirova International Sustainable Equity Fund, Class N | 850,917 | 214,406 | 606,267 | 83,549 | (7,864 | ) | 534,741 | 46,193 | ||||||||||||||||||||
WCM Focused Emerging Markets Fund, Institutional Class | — | 249,739 | 678 | 100 | 33,799 | 282,960 | 2,152 | |||||||||||||||||||||
WCM Focused International Growth Fund, Institutional Class | — | 485,239 | 1,291 | 162 | 54,208 | 538,318 | 6,589 | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||
$ | 1,073,704 | $ | 1,159,773 | $ | 717,200 | $ | 89,636 | $ | 81,667 | $ | 1,687,580 | $ | 59,649 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) | Purchase cost includes dividend reinvested, if any. |
(2) | Distributions received includes distributions from net investment income and from capital gains, if any. |
| 124
Notes to Financial Statements (continued)
January 31, 2021
Sustainable Future 2050 Fund
Fund | Beginning | Purchase | Sales | Realized | Change in | Ending | Distribution | |||||||||||||||||||||
Mirova Global Green Bond Fund, Class N | $ | 77,764 | $ | 55,131 | $ | 54,919 | $ | 2,340 | $ | (2,098 | ) | $ | 78,218 | $ | 2,527 | |||||||||||||
Mirova International Sustainable Equity Fund, Class N | 818,734 | 223,748 | 632,133 | 92,642 | (24,275 | ) | 478,716 | 42,531 | ||||||||||||||||||||
WCM Focused Emerging Markets Fund, Institutional Class | — | 226,224 | 6,537 | 1,007 | 31,212 | 251,906 | 2,007 | |||||||||||||||||||||
WCM Focused International Growth Fund, Institutional Class | — | 412,354 | 5,052 | 713 | 48,128 | 456,143 | 5,795 | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||
$ | 896,498 | $ | 917,457 | $ | 698,641 | $ | 96,702 | $ | 52,967 | $ | 1,264,983 | $ | 52,860 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) | Purchase cost includes dividend reinvested, if any. |
(2) | Distributions received includes distributions from net investment income and from capital gains, if any. |
Sustainable Future 2055 Fund
Fund | Beginning | Purchase | Sales | Realized | Change in | Ending | Distribution | |||||||||||||||||||||
Mirova Global Green Bond Fund, Class N | $ | 67,160 | $ | 43,827 | $ | 50,700 | $ | 2,822 | $ | (2,148 | ) | $ | 60,961 | $ | 2,037 | |||||||||||||
Mirova International Sustainable Equity Fund, Class N | 707,089 | 152,483 | 546,351 | 87,237 | (27,521 | ) | 372,937 | 33,672 | ||||||||||||||||||||
WCM Focused Emerging Markets Fund, Institutional Class | — | 175,830 | 4,276 | 611 | 24,673 | 196,838 | 1,604 | |||||||||||||||||||||
WCM Focused International Growth Fund, Institutional Class | — | 323,948 | 7,262 | 1,091 | 37,036 | 354,813 | 4,629 | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||
$ | 774,249 | $ | 696,088 | $ | 608,589 | $ | 91,761 | $ | 32,040 | $ | 985,549 | $ | 41,942 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) | Purchase cost includes dividend reinvested, if any. |
(2) | Distributions received includes distributions from net investment income and from capital gains, if any. |
Sustainable Future 2060 Fund
Fund | Beginning | Purchase | Sales | Realized | Change in | Ending | Distribution | |||||||||||||||||||||
Mirova Global Green Bond Fund, Class N | $ | 51,629 | $ | 35,974 | $ | 30,759 | $ | 1,839 | $ | (1,498 | ) | $ | 57,185 | $ | 1,856 | |||||||||||||
Mirova International Sustainable Equity Fund, Class N | 543,568 | 124,670 | 365,149 | 69,725 | (16,690 | ) | 356,124 | 31,331 | ||||||||||||||||||||
WCM Focused Emerging Markets Fund, Institutional Class | — | 169,540 | 5,161 | 435 | 23,324 | 188,138 | 1,500 | |||||||||||||||||||||
WCM Focused International Growth Fund, Institutional Class | — | 309,876 | 8,334 | 940 | 35,095 | 337,577 | 4,330 | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||
$ | 595,197 | $ | 640,060 | $ | 409,403 | $ | 72,939 | $ | 40,231 | $ | 939,024 | $ | 39,017 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) | Purchase cost includes dividend reinvested, if any. |
(2) | Distributions received includes distributions from net investment income and from capital gains, if any. |
Financial statements of Loomis Sayles Inflation Protected Securities Fund, Loomis Sayles Limited Term Government and Agency Fund, Mirova Global Green Bond Fund, Mirova International Sustainable Equity Fund, WCM Focused Emerging Markets Fund and WCM Focused International Growth Fund are available, without charge, on the Funds’ website at im.natixis.com.
125 |
Notes to Financial Statements (continued)
January 31, 2021
h. Acquired Fund Fees and Expenses. Each Fund will indirectly realize its pro rata share of the fees and expenses of the underlying funds in which it invests. These fees and expenses are reflected in the valuation of the underlying funds.
6. Line of Credit. Each Fund, together with certain other funds of Natixis Funds Trusts, Loomis Sayles Funds Trusts and Natixis ETF Trusts, entered into a $400,000,000 committed unsecured line of credit provided by State Street Bank. Any one Fund may borrow up to $350,000,000 under the line of credit agreement (as long as all borrowings by all Funds in the aggregate do not exceed the $400,000,000 limit at any time), subject to each Fund’s investment restrictions and its contractual obligations under the line of credit. Interest is charged to the Funds based upon the terms set forth in the agreement. In addition, a commitment fee of 0.15% per annum, payable at the end of each calendar quarter, is accrued and apportioned among the participating funds based on their average daily unused portion of the line of credit. The Funds paid an arrangement fee, an upfront fee, and certain other legal fees in connection with the line of credit agreement, which are being amortized over a period of 364 days and are reflected in legal fees and/or miscellaneous expenses on the Statements of Operations. The unamortized balance is reflected as prepaid expenses on the Statements of Assets and Liabilities.
For the year ended January 31, 2021, Sustainable Future 2020 Fund had an average daily balance on the line of credit (for those days on which there were borrowings) of $1,100,000 at a weighted average interest rate of 1.19%. Interest expense incurred on the line of credit was $36. Sustainable Future 2035 Fund had an average daily balance on the line of credit (for those days on which there were borrowings) of $683,333 at a weighted average interest rate of 1.15%. Interest expense incurred on the line of credit was $131.
7. Concentration of Ownership. From time to time, a Fund may have a concentration of one or more accounts constituting a significant percentage of shares outstanding. Investment activities by holders of such accounts could have material impacts on the Fund. As of January 31, 2021, based on management’s evaluation of the shareholder account base, the Funds had accounts representing controlling ownership of more than 5% of the Funds’ total outstanding shares. The number of such accounts, based on accounts that represent more than 5% of an individual class of shares, and the aggregate percentage of net assets represented by such holdings were as follows:
Fund | Number of 5% | Percentage of | Percentage of | Total | ||||||||||||
Sustainable Future 2015 Fund | 3 | 49.77 | % | 45.27 | % | 95.04 | % | |||||||||
Sustainable Future 2020 Fund | 4 | 65.86 | % | 14.64 | % | 80.50 | % | |||||||||
Sustainable Future 2025 Fund | 3 | 78.59 | % | — | 78.59 | % | ||||||||||
Sustainable Future 2030 Fund | 3 | 53.29 | % | 6.82 | % | 60.11 | % | |||||||||
Sustainable Future 2035 Fund | 5 | 68.06 | % | — | 68.06 | % | ||||||||||
Sustainable Future 2040 Fund | 5 | 45.58 | % | — | 45.58 | % | ||||||||||
Sustainable Future 2045 Fund | 4 | 55.43 | % | — | 55.43 | % | ||||||||||
Sustainable Future 2050 Fund | 5 | 48.97 | % | — | 48.97 | % | ||||||||||
Sustainable Future 2055 Fund | 4 | 38.09 | % | 13.35 | % | 51.44 | % | |||||||||
Sustainable Future 2060 Fund | 1 | 16.54 | % | 43.25 | % | 59.79 | % |
Retirement plan omnibus accounts and omnibus shareholder accounts for which Natixis Advisors understands that the intermediary has discretion over the underlying shareholder accounts are included in the table above. For other omnibus accounts, the Fund does not have information on the individual shareholder accounts underlying the omnibus accounts; therefore, there could be other 5% shareholders in addition to those disclosed in the table above.
8. Risk. Global markets have experienced periods of high volatility triggered by the ongoing public health emergency known as coronavirus (“Covid-19”). As the situation continues, the extent and duration of the impact that the Covid-19 outbreak may have on financial markets and the economy as a whole remains highly uncertain. If the effects of the Covid-19 outbreak on financial markets and the economy continue for an extended period of time, the Funds’ future financial and investment results may be adversely affected.
| 126
Notes to Financial Statements (continued)
January 31, 2021
9. Capital Shares. Each Fund may issue an unlimited number of shares of beneficial interest, without par value. Transactions in capital shares were as follows:
Sustainable Future 2015 Fund
Year Ended | Year Ended | |||||||||||||||
Shares | Amount | Shares | Amount | |||||||||||||
Class N |
| |||||||||||||||
Issued from the sale of shares | 188,689 | $ | 1,958,189 | 107,062 | $ | 1,155,616 | ||||||||||
Issued in connection with the reinvestment of distributions | 58,720 | 605,621 | 30,103 | 322,135 | ||||||||||||
Redeemed | (420,475 | ) | (4,680,627 | ) | (13,798 | ) | (145,173 | ) | ||||||||
|
|
|
|
|
|
|
| |||||||||
Increase (decrease) from capital share transactions | (173,066 | ) | $ | (2,116,817 | ) | 123,367 | $ | 1,332,578 | ||||||||
|
|
|
|
|
|
|
|
Sustainable Future 2020 Fund
Year Ended | Year Ended | |||||||||||||||
Shares | Amount | Shares | Amount | |||||||||||||
Class N |
| |||||||||||||||
Issued from the sale of shares | 431,269 | $ | 4,536,134 | 90,230 | $ | 957,399 | ||||||||||
Issued in connection with the reinvestment of distributions | 75,137 | 706,173 | 26,705 | 285,054 | ||||||||||||
Redeemed | (758,792 | ) | (8,208,482 | ) | (8,948 | ) | (95,816 | ) | ||||||||
|
|
|
|
|
|
|
| |||||||||
Increase (decrease) from capital share transactions | (252,386 | ) | $ | (2,966,175 | ) | 107,987 | $ | 1,146,637 | ||||||||
|
|
|
|
|
|
|
|
Sustainable Future 2025 Fund
Year Ended | Year Ended | |||||||||||||||
Shares | Amount | Shares | Amount | |||||||||||||
Class N |
| |||||||||||||||
Issued from the sale of shares | 415,638 | $ | 4,756,099 | 175,466 | $ | 1,921,703 | ||||||||||
Issued in connection with the reinvestment of distributions | 52,480 | 589,169 | 26,164 | 285,723 | ||||||||||||
Redeemed | (390,946 | ) | (4,494,056 | ) | (17,020 | ) | (185,565 | ) | ||||||||
|
|
|
|
|
|
|
| |||||||||
Increase from capital share transactions | 77,172 | $ | 851,212 | 184,610 | $ | 2,021,861 | ||||||||||
|
|
|
|
|
|
|
|
Sustainable Future 2030 Fund
Year Ended | Year Ended | |||||||||||||||
Shares | Amount | Shares | Amount | |||||||||||||
Class N |
| |||||||||||||||
Issued from the sale of shares | 381,814 | $ | 4,318,284 | 291,513 | $ | 3,187,950 | ||||||||||
Issued in connection with the reinvestment of distributions | 47,072 | 537,498 | 26,543 | 297,864 | ||||||||||||
Redeemed | (349,011 | ) | (4,017,674 | ) | (65,153 | ) | (716,153 | ) | ||||||||
|
|
|
|
|
|
|
| |||||||||
Increase from capital share transactions | 79,875 | $ | 838,108 | 252,903 | $ | 2,769,661 | ||||||||||
|
|
|
|
|
|
|
|
Sustainable Future 2035 Fund
Year Ended | Year Ended | |||||||||||||||
Shares | Amount | Shares | Amount | |||||||||||||
Class N |
| |||||||||||||||
Issued from the sale of shares | 546,038 | $ | 6,078,089 | 81,597 | $ | 903,262 | ||||||||||
Issued in connection with the reinvestment of distributions | 45,133 | 523,070 | 28,066 | 318,050 | ||||||||||||
Redeemed | (477,220 | ) | (5,397,816 | ) | (6,174 | ) | (68,919 | ) | ||||||||
|
|
|
|
|
|
|
| |||||||||
Increase from capital share transactions | 113,951 | $ | 1,203,343 | 103,489 | $ | 1,152,393 | ||||||||||
|
|
|
|
|
|
|
|
127 |
Notes to Financial Statements (continued)
January 31, 2021
9. Capital Shares (continued).
Sustainable Future 2040 Fund
Year Ended | Year Ended | |||||||||||||||
Shares | Amount | Shares | Amount | |||||||||||||
Class N |
| |||||||||||||||
Issued from the sale of shares | 268,284 | $ | 3,104,116 | 184,391 | $ | 2,004,238 | ||||||||||
Issued in connection with the reinvestment of distributions | 52,226 | 590,062 | 26,710 | 300,687 | ||||||||||||
Redeemed | (362,463 | ) | (4,282,002 | ) | (24,195 | ) | (271,393 | ) | ||||||||
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| |||||||||
Increase (decrease) from capital share transactions | (41,953 | ) | $ | (587,824 | ) | 186,906 | $ | 2,033,532 | ||||||||
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Sustainable Future 2045 Fund
Year Ended | Year Ended | |||||||||||||||
Shares | Amount | Shares | Amount | |||||||||||||
Class N |
| |||||||||||||||
Issued from the sale of shares | 325,175 | $ | 3,804,645 | 191,315 | $ | 2,137,833 | ||||||||||
Issued in connection with the reinvestment of distributions | 37,547 | 435,927 | 22,418 | 253,894 | ||||||||||||
Redeemed | (287,685 | ) | (3,336,030 | ) | (12,959 | ) | (143,686 | ) | ||||||||
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|
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|
|
|
| |||||||||
Increase from capital share transactions | 75,037 | $ | 904,542 | 200,774 | $ | 2,248,041 | ||||||||||
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Sustainable Future 2050 Fund
Year Ended | Year Ended | |||||||||||||||
Shares | Amount | Shares | Amount | |||||||||||||
Class N |
| |||||||||||||||
Issued from the sale of shares | 261,010 | $ | 2,983,171 | 190,146 | $ | 2,093,770 | ||||||||||
Issued in connection with the reinvestment of distributions | 45,699 | 512,519 | 23,410 | 264,071 | ||||||||||||
Redeemed | (288,755 | ) | (3,339,015 | ) | (44,077 | ) | (503,350 | ) | ||||||||
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|
| |||||||||
Increase from capital share transactions | 17,954 | $ | 156,675 | 169,479 | $ | 1,854,491 | ||||||||||
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Sustainable Future 2055 Fund
Year Ended | Year Ended | |||||||||||||||
Shares | Amount | Shares | Amount | |||||||||||||
Class N |
| |||||||||||||||
Issued from the sale of shares | 166,800 | $ | 1,914,874 | 107,604 | $ | 1,210,350 | ||||||||||
Issued in connection with the reinvestment of distributions | 38,539 | 431,682 | 22,553 | 253,971 | ||||||||||||
Redeemed | (248,490 | ) | (2,891,094 | ) | (4,861 | ) | (53,689 | ) | ||||||||
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|
|
|
|
|
| |||||||||
Increase (decrease) from capital share transactions | (43,151 | ) | $ | (544,538 | ) | 125,296 | $ | 1,410,632 | ||||||||
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Sustainable Future 2060 Fund
Year Ended | Year Ended | |||||||||||||||
Shares | Amount | Shares | Amount | |||||||||||||
Class N |
| |||||||||||||||
Issued from the sale of shares | 195,588 | $ | 2,218,316 | 32,812 | $ | 361,010 | ||||||||||
Issued in connection with the reinvestment of distributions | 33,287 | 375,626 | 21,137 | 237,210 | ||||||||||||
Redeemed | (204,604 | ) | (2,348,721 | ) | (3,304 | ) | (36,462 | ) | ||||||||
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|
|
|
|
|
|
| |||||||||
Increase from capital share transactions | 24,271 | $ | 245,221 | 50,645 | $ | 561,758 | ||||||||||
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| 128
Report of Independent Registered Public Accounting Firm
To the Board of Trustees of Natixis Funds Trust IV and Shareholders of 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 and Natixis Sustainable Future 2060 Fund
Opinions on the Financial Statements
We have audited the accompanying statements of assets and liabilities, including the portfolios of investments of 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 and Natixis Sustainable Future 2060 Fund (ten of the funds constituting Natixis Funds Trust IV, hereafter collectively referred to as the “Funds”) as of January 31, 2021, the related statements of operations for the year ended January 31, 2021, the statements of changes in net assets for each of the two years in the period ended January 31, 2021, including the related notes, and the financial highlights for each of the three years in the period ended January 31, 2021 and for the period February 28, 2017 (commencement of operations) through January 31, 2018 (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the Funds as of January 31, 2021, the results of each of their operations for the year then ended, the changes in each of their net assets for each of the two years in the period ended January 31, 2021 and each of the financial highlights for each of the three years in the period ended January 31, 2021 and for the period February 28, 2017 (commencement of operations) through January 31, 2018 in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinions
These financial statements are the responsibility of the Funds’ management. Our responsibility is to express an opinion on the Funds’ financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Funds in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of January 31, 2021 by correspondence with the custodian, transfer agent and brokers: when replies were not received from brokers; we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinions.
PricewaterhouseCoopers LLP
Boston, Massachusetts
March 23, 2021
We have served as the auditor of one or more of the investment companies in the Natixis Investment Company Complex since at least 1995. We have not been able to determine the specific year we began serving as auditor.
129 |
2021 U.S. Tax Distribution Information to Shareholders (Unaudited)
Qualified Dividend Income. For the calendar year ended January 31, 2021, a percentage of the ordinary income dividends paid by the Funds are considered qualified dividend income eligible for reduced tax rates. These lower rates range from 0% to 20% depending on an individual’s tax bracket. If the Funds paid a distribution during calendar year 2020, complete information will be reported in conjunction with Form 1099-DIV. These percentages are noted below:
Fund | Qualifying | |||
Sustainable Future 2015 Fund | 10.80 | % | ||
Sustainable Future 2020 Fund | 7.74 | % | ||
Sustainable Future 2025 Fund | 13.47 | % | ||
Sustainable Future 2030 Fund | 14.59 | % | ||
Sustainable Future 2035 Fund | 18.19 | % | ||
Sustainable Future 2040 Fund | 18.84 | % | ||
Sustainable Future 2045 Fund | 22.35 | % | ||
Sustainable Future 2050 Fund | 17.11 | % | ||
Sustainable Future 2055 Fund | 18.92 | % | ||
Sustainable Future 2060 Fund | 20.28 | % |
Corporate Dividends Received Deduction. For the year ended January 31, 2021, a percentage of dividends distributed by the Funds listed below qualify for the dividends received deduction for corporate shareholders. These percentages are as follows:
Fund | Qualifying | |||
Sustainable Future 2015 Fund | 10.27 | % | ||
Sustainable Future 2020 Fund | 9.64 | % | ||
Sustainable Future 2025 Fund | 14.97 | % | ||
Sustainable Future 2030 Fund | 20.11 | % | ||
Sustainable Future 2035 Fund | 21.74 | % | ||
Sustainable Future 2040 Fund | 24.15 | % | ||
Sustainable Future 2045 Fund | 29.24 | % | ||
Sustainable Future 2050 Fund | 27.98 | % | ||
Sustainable Future 2055 Fund | 26.80 | % | ||
Sustainable Future 2060 Fund | 27.52 | % |
Capital Gains Distributions. Pursuant to Internal Revenue Section 852(b), the following Funds paid distributions, which have been designated as capital gains distributions for the year ended January 31, 2021.
Fund | Amount | |||
Sustainable Future 2015 Fund | $ | 337,836 | ||
Sustainable Future 2020 Fund | 351,060 | |||
Sustainable Future 2025 Fund | 305,924 | |||
Sustainable Future 2030 Fund | 218,168 | |||
Sustainable Future 2035 Fund | 263,690 | |||
Sustainable Future 2040 Fund | 343,563 | |||
Sustainable Future 2045 Fund | 239,735 | |||
Sustainable Future 2050 Fund | 277,219 | |||
Sustainable Future 2055 Fund | 251,264 | |||
Sustainable Future 2060 Fund | 231,539 |
| 130
Trustee and Officer Information
The tables below provide certain information regarding the trustees and officers of Natixis Funds Trust IV (the “Trust”). Unless otherwise indicated, the address of all persons below is 888 Boylston Street, Suite 800, Boston, MA 02199-8197. The Funds’ Statement of Additional Information includes additional information about the trustees of the Trust and is available by calling Natixis Funds at 800-225-5478.
Name and Year of Birth | Position(s) Held with the Trust, Length of Time Served and Term of Office1 | Principal During Past 5 Years | Number of Portfolios in Fund Complex Overseen2 and Other Directorships Held During Past 5 Years | Experience, | ||||
INDEPENDENT TRUSTEES | ||||||||
Edmond J. English (1953) | Trustee since 2013 Chairperson of Governance Committee and Audit Committee Member | Executive Chairman of Bob’s Discount Furniture (retail) | 54 Director, Burlington Stores, Inc. (retail) | Significant experience on the Board and on the boards of other business organizations (including retail companies and a bank); executive experience (including at a retail company) | ||||
Richard A. Goglia (1951) | Trustee since 2015 Contract Review Committee Member and Governance Committee Member | Retired | 54 Director of Triumph Group (aerospace industry) | Significant 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 Chairperson of Contract Review Committee | Retired | 54 Director of Abt Associates Inc. (research and consulting); Director, The Hanover Insurance Group (property and casualty insurance); formerly, Director, Eastern Bank (bank) | 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 research and consulting company) |
131 |
Trustee and Officer Information
Name and Year of Birth | Position(s) Held with the Trust, Length of Time Served and Term of Office1 | Principal During Past 5 Years | Number of Portfolios in Fund Complex Overseen2 and Other Directorships Held During Past 5 Years | Experience, | ||||
INDEPENDENT TRUSTEES – continued | ||||||||
Martin T. Meehan (1956) | Trustee since 2012 Audit Committee Member | President, University of Massachusetts | 54 None | Significant 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 | ||||
Maureen B. Mitchell (1951) | Trustee since 2017 Contract Review Committee Member and Governance Committee Member | Retired; formerly President, Global Sales and Marketing, GE Asset Management, Inc. (financial services) | 54 Director, Sterling Bancorp (bank) | Experience on the Board; financial services industry and executive experience (including role as president of global sales and marketing at a financial services company) | ||||
James P. Palermo (1955) | Trustee since 2016 Contract Review Committee Member | Founding Partner, Breton Capital Management, LLC (private equity); Partner, STEP Partners, LLC (private equity) | 54 Director, FutureFuel.io (chemicals and biofuels) | 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) | ||||
Erik R. Sirri (1958) | Chairperson of the Board of Trustees since January 2021 Trustee since 2009 Ex Officio member of Audit Committee, Contract Review Committee and Governance Committee | Professor of Finance at Babson College | 54 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 |
| 132
Trustee and Officer Information
Name and Year of Birth | Position(s) Held with the Trust, Length of Time Served and Term of Office1 | Principal During Past 5 Years | Number of Portfolios in Fund Complex Overseen2 and Other Directorships Held During Past 5 Years | Experience, | ||||
INDEPENDENT TRUSTEES – continued | ||||||||
Peter J. Smail (1952) | Trustee since 2009 Audit Committee Member and Governance Committee Member | Retired | 54 None | Significant experience on the Board; mutual fund industry and executive experience (including roles as president and chief executive officer for an investment adviser) | ||||
Kirk A. Sykes (1958) | Trustee since 2019 Contract Review Committee Member | Managing Director of Accordia Partners, LLC (real estate development); President of Primary Corporation (real estate development); Managing Principal of Merrick Capital Partners (infrastructure finance); formerly, President of Urban Strategy America Fund (real estate fund manager) | 54 Trustee, Eastern Bank (bank); Director of Apartment Investment and Management Company (real estate investment trust); formerly Director, Ares Commercial Real Estate Corporation (real estate investment trust) | Experience on the Board and significant experience on the boards of other business organizations (including real estate companies and banks) | ||||
Cynthia L. Walker (1956) | Trustee since 2005 Chairperson of the Audit Committee and Governance Committee Member | Retired; formerly, Deputy Dean for Finance and Administration, Yale University School of Medicine | 54 None | Significant experience on the Board; executive experience in a variety of academic organizations (including roles as dean for finance and administration) | ||||
INTERESTED TRUSTEES | ||||||||
Kevin P. Charleston3 (1965) One Financial Center Boston, MA 02111 | Trustee since 2015 | President, Chief Executive Officer and Chairman of the Board of Directors, Loomis, Sayles & Company, L. P. | 54 None | Significant experience on the Board; continuing service as President, Chief Executive Officer and Chairman of the Board of Directors of Loomis, Sayles & Company, L.P. |
133 |
Trustee and Officer Information
Name and Year of Birth | Position(s) Held with the Trust, Length of Time Served and Term of Office1 | Principal During Past 5 Years | Number of Portfolios in Fund Complex Overseen2 and Other Directorships Held During Past 5 Years | Experience, | ||||
INTERESTED TRUSTEES – continued | ||||||||
David L. Giunta4 (1965) | Trustee since 2011 President and Chief Executive Officer since 2008 | President and Chief Executive Officer, Natixis Advisors, L.P., Natixis Distribution, L.P., Natixis Distribution Corporation and Chairman of the Board of Natixis Distribution Corporation | 54 None | Significant experience on the Board; experience as President and Chief Executive Officer of Natixis Advisors, L.P., Natixis Distribution, L.P., Natixis Distribution Corporation and Chairman of the Board of Natixis Distribution Corporation |
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, Gateway Trust, Loomis Sayles Funds I, Loomis Sayles Funds II, Natixis ETF Trust and Natixis ETF Trust II (collectively, the “Fund Complex”). |
3 | Mr. Charleston is deemed an “interested person” of the Trust because he holds the following positions with an affiliated person of the Trust: President, 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 Trust because he holds the following positions with an affiliated person of the Trust: President and Chief Executive Officer, Natixis Advisors, L.P., Natixis Distribution, L.P., Natixis Distribution Corporation and Chairman of the Board of Natixis Distribution Corporation. |
| 134
Trustee and Officer Information
Name and Year of Birth | Position(s) Held with the Trust | Term of Office1 and Length of Time Served | Principal Occupation(s) | |||
OFFICERS OF THE TRUST | ||||||
Russell L. Kane (1969) | Secretary, Clerk and Chief Legal Officer
Chief Compliance Officer and Anti-Money Laundering Officer | Since 2016
Since 2020 | Executive Vice President, General Counsel, Secretary and Clerk, Natixis Distribution Corporation, Natixis Advisors, L.P. and Natixis Distribution, L.P.; formerly, Senior Vice President, Deputy General Counsel, Assistant Secretary and Assistant Clerk, Natixis Distribution Corporation, Natixis Advisors, L.P. and Natixis Distribution, L.P. | |||
Michael C. Kardok (1959) | Treasurer, Principal Financial and Accounting Officer | Since 2004 | Senior Vice President, Natixis Advisors, L.P. and Natixis Distribution, L.P. |
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 an officer’s current position with such entity. |
135 |
(b) Not Applicable.
Item 2. Code of Ethics.
The Registrant has adopted a code of ethics that applies to the Registrant’s principal executive officer, principal financial officer and persons performing similar functions. There have been no amendments or waivers of the Registrant’s code of ethics during the period.
Item 3. Audit Committee Financial Expert.
The Board of Trustees of the Registrant has established an audit committee. Mr. Martin T. Meehan, Ms. Maureen Mitchell, Mr. James Palermo, Mr. Peter J. Smail and Ms. Cynthia L. Walker are members of the audit committee and have been designated as “audit committee financial experts” by the Board of Trustees. Each of these individuals is also an Independent Trustee of the Registrant.
Item 4. Principal Accountant Fees and Services.
Fees billed by the Principal Accountant for services rendered to the Registrant.
The table below sets forth fees billed by the principal accountant, PricewaterhouseCoopers LLP, for the past two fiscal years for professional services rendered in connection with a) the audit of the Registrant’s annual financial statements and services provided in connection with regulatory filings; b) audit-related services (including services that are reasonably related to the performance of the audit of the Registrant’s financial statements but not reported under “Audit Fees”); c) tax compliance, tax advice and tax planning; and d) all other fees billed for professional services rendered by the principal accountant to the Registrant, other than the services provided reported as a part of (a) through (c) of this Item.
Audit fees | Audit-related fees1 | Tax fees2 | All other fees | |||||||||||||||||||||||||||||
2/1/19-1/31/20 | 2/1/20-1/31/21 | 2/1/19-1/31/20 | 2/1/20-1/31/21 | 2/1/19-1/31/20 | 2/1/20-1/31/21 | 2/1/19-1/31/20 | 2/1/20-1/31/21 | |||||||||||||||||||||||||
Natixis Funds Trust IV | $ | 310,972 | $ | 314,081 | $ | 28 | $ | 30 | $ | 78,780 | $ | 78,780 | $ | — | $ | — |
1. Audit-related fees consist of:
2020 & 2021– Performance of agreed-upon procedures related to the Registrant’s deferred compensation plan
2. Tax fees consist of:
2020 & 2021 – review of the Registrant’s tax returns
Aggregate fees billed to the Registrant for non-audit services during the fiscal years ended 2020 and 2021 were $78,808 and $78,810 respectively.
Fees billed by the Principal Accountant for services rendered to the Adviser and Control Affiliates.
The following table sets forth the fees billed by the Registrant’s principal accountant for non-audit services rendered to AEW Capital Management, L.P (“AEW”), Natixis Advisors, L.P. (“Natixis Advisors”), and entities controlling, controlled by or under common control with AEW and Natixis Advisors (“Control Affiliates”) that provide ongoing services to the Registrant, for engagements that related directly to the operations and financial reporting of the Registrant for the last two fiscal years.
Audit-related fees | Tax fees | All other fees | ||||||||||||||||||||||
2/1/19-1/31/20 | 2/1/20-1/31/21 | 2/1/19-1/31/20 | 2/1/20-1/31/21 | 2/1/19-1/31/20 | 2/1/20-1/31/21 | |||||||||||||||||||
Control Affiliates | $ | — | $ | — | $ | 26,750 | $ | 18,255 | $ | — | $ | 63,023 |
The following table sets forth the aggregate fees billed by the Registrant’s principal accountant for non-audit services rendered to AEW, Natixis Advisors, and Control Affiliates that provide ongoing services to the Registrant, for the last two fiscal years, including the fees disclosed in the table above.
Aggregate Non-Audit Fees | ||||||||
2/1/19-1/31/20 | 2/1/20-1/31/21 | |||||||
Control Affiliates | $ | 377,557 | $ | 356,050 |
None of the services described above were approved pursuant to (c)(7)(i)(C) of Regulation S-X.
Audit Committee Pre-Approval Policies.
Annually, the Registrant’s Audit Committee reviews the audit, audit-related, tax and other non-audit services together with the projected fees, for services proposed to be rendered to the Registrant and/or other entities for which pre-approval is required during the upcoming year. Any subsequent revisions to already pre-approved services or fees (including fee increases) and requests for pre-approval of new services would be presented for consideration quarterly as needed.
If, in the opinion of management, a proposed engagement by the Registrant’s independent accountants needs to commence before the next regularly scheduled Audit Committee meeting, any member of the Audit Committee who is an independent Board member is authorized to pre-approve the engagement, but only for engagements to provide audit, audit-related and tax services. This approval is subject to review of the full Audit Committee at its next quarterly meeting. All other engagements require the approval of all the members of the audit committee.
Item 5. Audit Committee of Listed Registrants.
Not applicable.
Item 6. Schedule of Investments.
Included as part of the Report to Shareholders filed as Item 1 herewith.
Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.
Not applicable.
Item 8. Portfolio Managers of Closed-End Management Investment Companies.
Not applicable.
Item 9. Purchases of Equity Securities by Closed-End Management Investment Companies and Affiliated Purchasers.
Not applicable.
Item 10. Submission of Matters to a Vote of Securities Holders.
There were no material changes to the procedures by which shareholders may recommend nominees to the Registrant’s Board of Trustees.
Item 11. Controls and Procedures.
The Registrant’s principal executive officer and principal financial officer have concluded that the Registrant’s disclosure controls and procedures are sufficient to ensure that information required to be disclosed by the Registrant in this Form N-CSR was recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms, based upon such officers’ evaluation of these controls and procedures as of a date within 90 days of the filing date of the report.
There were no changes in the Registrant’s internal control over financial reporting that occurred during the period covered by the report that have materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting.
Item 12. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.
Not applicable.
Item 13. Exhibits.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Natixis Funds Trust IV | ||
By: | /s/ David L. Giunta | |
Name: | David L. Giunta | |
Title: | President and Chief Executive Officer | |
Date: | April 5, 2022 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.
By: | /s/ David L. Giunta | |
Name: | David L. Giunta | |
Title: | President and Chief Executive Officer | |
Date: | April 5, 2022 | |
By: | /s/ Michael C. Kardok | |
Name: | Michael C. Kardok | |
Title: | Treasurer and Principal Financial and | |
Accounting Officer | ||
Date: | April 5, 2022 |