Aristotle Core Income Fund Class I

Frequently Asked Questions About PLIIX

What does PLIIX invest in?

The fund primarily aims to invest in debt securities designed to generate income. A significant portion of its portfolio—typically no less than 60%—will be allocated to higher-rated debt instruments. These include various types such as corporate bonds, asset-backed securities, mortgage-related securities, and obligations issued by the U.S. government or its agencies. The fund also has the option to dedicate up to 40% of its holdings to debt instruments that are not considered investment-grade (which are often referred to as high-yield, high-risk, or "junk bonds"), as well as senior floating-rate loans.

What is the expense ratio of PLIIX?

Aristotle Core Income Fund Class I (PLIIX) charges an expense ratio of 0.45%. This is the annual fee deducted from fund assets to cover management and operations.

What is PLIIX's dividend yield?

PLIIX's trailing-twelve-month yield is 4.89%, calculated from the sum of dividends over the past year divided by the current price.

How big is PLIIX?

Aristotle Core Income Fund Class I (PLIIX) manages $3.23B 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 PLIIX actively managed or an index fund?

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

When was PLIIX launched?

Aristotle Core Income Fund Class I (PLIIX) launched in December 2010 and is managed by the fund issuer.