# Aristotle Floating Rate Income Fund Class I (PLFRX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/plfrx 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: 2011-07-01 The primary objective of this fund is to achieve a substantial level of current income. It accomplishes this by investing predominantly in income-generating floating rate loans and other floating rate debt instruments. Typically, at least four-fifths (80%) of the fund's assets are committed to these specific types of floating rate securities under normal market conditions. A portion, up to 25% of its total assets, may be directed towards foreign investments denominated in U.S. dollars, primarily originating from developed economies. Furthermore, the fund possesses the latitude to allocate a... ## Key Facts | Metric | Value | |---|---| | Price | $9.19 | | Expense Ratio | 0.72% | | AUM (All Share Classes) | $3.80B | | NAV | $9.19 | | Holdings Count | — | | Distribution Yield (TTM) | 6.85% | | Annual Distribution (TTM) | $0.63 /share | | Distribution Frequency | Monthly | | 52-Week Range | $9.17 – $9.47 | | Beta | 0.05 | ## Latest Distribution - Amount: $0.0514 /share - Ex-date: 2026-09-30 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does PLFRX invest in? The primary objective of this fund is to achieve a substantial level of current income. It accomplishes this by investing predominantly in income-generating floating rate loans and other floating rate debt instruments. Typically, at least four-fifths (80%) of the fund's assets are committed to these specific types of floating rate securities under normal market conditions. A portion, up to 25% of its total assets, may be directed towards foreign investments denominated in U.S. dollars, primarily originating from developed economies. Furthermore, the fund possesses the latitude to allocate as much as 20% of its holdings to diverse debt instruments or securities, which includes non-investment grade debt, commonly referred to as high-yield or "junk bonds" due to their elevated risk profile. ### What is the expense ratio of PLFRX? Aristotle Floating Rate Income Fund Class I (PLFRX) charges an expense ratio of 0.72%. This is the annual fee deducted from fund assets to cover management and operations. ### What is PLFRX's dividend yield? PLFRX's trailing-twelve-month yield is 6.85%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of PLFRX? Effective duration measures PLFRX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PLFRX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of PLFRX? PLFRX'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 PLFRX? Yield to maturity (YTM) is the total return you'd earn from PLFRX if every bond in the portfolio is held to maturity at the current price. PLFRX'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 PLFRX pay a dividend? Yes, Aristotle Floating Rate Income Fund Class I (PLFRX) distributes dividends to shareholders. The trailing-twelve-month yield is 6.85%. Full dividend history is on this page. ### How often does PLFRX pay dividends? Aristotle Floating Rate Income Fund Class I pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is PLFRX's next ex-dividend date? The most recently announced ex-dividend date for PLFRX 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 PLFRX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.72% 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 PLFRX charge its expense ratio? The expense ratio is deducted in tiny daily slices from PLFRX'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 PLFRX cost more than a fund like VOO? PLFRX is actively managed (current expense ratio 0.72%). 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 PLFRX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to PLFRX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as PLFRX (0.72%) 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/plfrx - Distribution history: https://www.dividenddata.com/funds/plfrx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/plfrx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/plfrx/expenses - Peer comparison: https://www.dividenddata.com/funds/plfrx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.