Loomis Sayles is making a hasty name change to one of its funds after losing out on a federal lawsuit.

Specifically, on Sept. 28, the Loomis Sayles Absolute Strategies (LABAX) will be renamed the Loomis Sayles Strategic Alpha Fund after a lawsuit was filed by Massachusetts-based Absolute Investment Advisers, which has its own mutual fund that it calls the Absolute Strategies Fund, Morningstar reports.

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