LOOMIS SAYLES FUNDS
Supplement dated November 3, 1997
to
Prospectuses dated April 1, 1997
The following employees of Loomis, Sayles & Company, L.P. ("Loomis
Sayles") have primary responsibility, together with the persons indicated
in the prospectuses, for the day-to-day management of the indicated fund's
portfolio.
Kathleen C. Gaffney, Vice President of Loomis Sayles, serves as
associate portfolio manager of Loomis Sayles Bond Fund. Ms. Gaffney has
been employed by Loomis Sayles for more than five years.
Isaac H. Green, Director and Vice President of Loomis Sayles, and
James L. Carroll, Vice President of Loomis Sayles, serve as portfolio
managers of Loomis Sayles Core Value Fund. Prior to joining Loomis Sayles
in May, 1993, Mr. Green was Senior Vice President and Director of Investments
at NCM Capital Management Group. Prior to joining Loomis Sayles in June,
1996, Mr. Carroll was a Managing Director and Senior Energy Analyst at
PaineWebber, Inc. for more than five years.
Dean A. Gulis, Vice President of Loomis Sayles, serves as a portfolio
manager of Loomis Sayles Mid-Cap Value Fund. Prior to joining Loomis Sayles
in October, 1997, Mr. Gulis was a Principal and Director of Research at
Roney & Company for more than five years.
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