Exhibit (h)(7)
June 18, 2025
Natixis Funds Trust I
Natixis Funds Trust II
Natixis Funds Trust IV
Loomis Sayles Funds I
Loomis Sayles Funds II
Gateway Trust
888 Boylston Street, Suite 800
Boston, MA 02199-8197
| Re: | Reimbursement of Class N Transfer Agency Fees |
Ladies and Gentlemen:
Natixis Advisors, LLC notifies you that it will reimburse any and all transfer agency expenses for Class N shares for the following Funds during the periods indicated below:
| Fund Name | Period Covered |
| AEW Global Focused Real Estate Fund | June 1, 2026 – May 31, 2027 |
| Gateway Equity Call Premium Fund | May 1, 2026 – April 30, 2027 |
| Loomis Sayles Global Growth Fund | April 1, 2026 – March 31, 2027 |
| Loomis Sayles High Income Fund | May 1, 2026 – April 30, 2027 |
| Loomis Sayles Inflation Protected Securities Fund | February 1, 2026 – January 31, 2027 |
| Loomis Sayles Intermediate Duration Bond Fund | February 1, 2026 – January 31, 2027 |
| Loomis Sayles International Growth Fund | May 1, 2026 – April 30, 2027 |
| Loomis Sayles Limited Term Government and Agency Fund | February 1, 2026 – January 31, 2027 |
| Loomis Sayles Senior Floating Rate and Fixed Income Fund | April 1, 2026 – March 31, 2027 |
| Loomis Sayles Small/Mid Cap Growth Fund | February 1, 2026 – January 31, 2027 |
| Mirova Global Megatrends Fund | May 1, 2026 – April 30, 2027 |
| Mirova International Megatrends Fund | May 1, 2026 – April 30, 2027 |
| Natixis Oakmark Fund | May 1, 2026 – April 30, 2027 |
| Natixis Oakmark International Fund | May 1, 2026 – April 30, 2027 |
| Natixis U.S. Equity Opportunities Fund | May 1, 2026 – April 30, 2027 |
| Vaughan Nelson Mid Cap Fund | May 1, 2026 – April 30, 2027 |
| Vaughan Nelson Select Fund | April 1, 2026 – March 31, 2027 |
| Vaughan Nelson Small Cap Fund | May 1, 2026 – April 30, 2027 |
During the periods covered by this agreement, the expense reimbursement arrangement set forth above for each of the Funds may only be modified by a majority vote of the “non-interested” Trustees of the Trust affected.
We understand and intend that you will rely on this undertaking in preparing and filing the Registration Statements on Form N-1A for the Funds with the Securities and Exchange Commission, in accruing the Funds’ expenses for purposes of calculating each Fund’s net asset value per share, and for other purposes permitted under Form N-1A and/or the Investment Company Act of 1940, as amended, and expressly permit you to do so.
| Natixis Advisors, LLC | ||
| By: | /s/ Susan McWhan Tobin | |
| Name: | Susan McWhan Tobin | |
| Title: | Executive Vice President, General | |
| Counsel and Secretary | ||