Aristotle Floating Rate Income Fund Class I-2

Frequently Asked Questions About PLFDX

What does PLFDX invest in?

This fund's primary investment strategy involves allocating capital to income-generating, variable-rate loans and debt instruments. Under typical market conditions, a minimum of 80% of its total assets will be committed to these floating-rate credit products. The fund has the flexibility to invest up to 25% of its portfolio in foreign investments, provided they are denominated in U.S. dollars and predominantly originate from developed markets. Furthermore, up to 20% of its assets may be diversified into other types of debt securities, including high-yield, higher-risk instruments sometimes known as "junk bonds."

What is the expense ratio of PLFDX?

Aristotle Floating Rate Income Fund Class I-2 (PLFDX) charges an expense ratio of 0.80%. This is the annual fee deducted from fund assets to cover management and operations.

What is PLFDX's dividend yield?

PLFDX's trailing-twelve-month yield is 6.93%, calculated from the sum of dividends over the past year divided by the current price.

How big is PLFDX?

Aristotle Floating Rate Income Fund Class I-2 (PLFDX) manages $3.79B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is PLFDX actively managed or an index fund?

PLFDX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was PLFDX launched?

Aristotle Floating Rate Income Fund Class I-2 (PLFDX) launched in June 2012 and is managed by the fund issuer.