# Aristotle Floating Rate Income Fund Class A (PLFLX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/plflx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Bond - Strategy: Actively Managed · Inception: 2011-12-29 The fund invests principally in income producing floating rate loans and floating rate debt securities. Under normal circumstances, it invests at least 80% of its assets in floating rate loans and floating rate debt securities. The fund may invest up to 25% of its assets in U.S. dollar denominated foreign investments, principally in developed markets. It may invest up to 20% of its assets in other types of debt instruments or securities including non-investment grade (high yield/high risk, sometimes called "junk bonds") debt instruments. ## Key Facts | Metric | Value | |---|---| | Price | $9.18 | | Expense Ratio | 1.05% | | AUM (All Share Classes) | $3.80B | | NAV | $9.18 | | Holdings Count | — | | Distribution Yield (TTM) | 6.51% | | Annual Distribution (TTM) | $0.60 /share | | Distribution Frequency | Monthly | | 52-Week Range | $9.16 – $9.46 | | Beta | 0.05 | ## Latest Distribution - Amount: $0.0488 /share - Ex-date: 2026-09-30 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does PLFLX invest in? The fund invests principally in income producing floating rate loans and floating rate debt securities. Under normal circumstances, it invests at least 80% of its assets in floating rate loans and floating rate debt securities. The fund may invest up to 25% of its assets in U.S. dollar denominated foreign investments, principally in developed markets. It may invest up to 20% of its assets in other types of debt instruments or securities including non-investment grade (high yield/high risk, sometimes called "junk bonds") debt instruments. ### What is the expense ratio of PLFLX? Aristotle Floating Rate Income Fund Class A (PLFLX) charges an expense ratio of 1.05%. This is the annual fee deducted from fund assets to cover management and operations. ### What is PLFLX's dividend yield? PLFLX's trailing-twelve-month yield is 6.51%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of PLFLX? Effective duration measures PLFLX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PLFLX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of PLFLX? PLFLX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of PLFLX? Yield to maturity (YTM) is the total return you'd earn from PLFLX if every bond in the portfolio is held to maturity at the current price. PLFLX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does PLFLX pay a dividend? Yes, Aristotle Floating Rate Income Fund Class A (PLFLX) distributes dividends to shareholders. The trailing-twelve-month yield is 6.51%. Full dividend history is on this page. ### How often does PLFLX pay dividends? Aristotle Floating Rate Income Fund Class A pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is PLFLX's next ex-dividend date? The most recently announced ex-dividend date for PLFLX was 2026-09-30. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will PLFLX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.05% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does PLFLX charge its expense ratio? The expense ratio is deducted in tiny daily slices from PLFLX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does PLFLX cost more than a fund like VOO? PLFLX is actively managed (current expense ratio 1.05%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether PLFLX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to PLFLX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as PLFLX (1.05%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/plflx - Distribution history: https://www.dividenddata.com/funds/plflx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/plflx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/plflx/expenses - Peer comparison: https://www.dividenddata.com/funds/plflx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.