Aristotle Core Income believes credit offers the most attractive combination of risk and reward, thus investors will find here ample doses of corporate credit risk, and, to a lesser degree, of structured credit risk, but will get a reduced stake in Treasuries and no meaningful exposure to government mortgage-backed securities. While a pronounced inclination toward corporate credit limits its breadth, the dedication of a seasoned and skilled team, coupled with a process that astutely merges security selection, particularly in corporate credit, with a touch of macro insight, has led us to upgrade the fund’s People and Process Pillar ratings.
Aristotle Core Income I PLIIX
- NAV / 1-Day Return 9.52 / +0.42 %
- Total Assets 2.4 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.450%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category Intermediate Core-Plus Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 500,000
- Status Open
- TTM Yield 4.68%
- Effective Duration 5.99 years
USD | NAV as of May 03, 2024 | 1-Day Return as of May 03, 2024, 10:17 PM GMT+0
Morningstar’s Analysis PLIIX
Will PLIIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 12.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
US BANK MMDA - USBGFS 9 | 5.61 | 134.6 Mil | Cash and Equivalents |
United States Treasury Notes 4.5% | 1.96 | 47.0 Mil | Government |
United States Treasury Bonds 4.25% | 1.83 | 43.9 Mil | Government |
United States Treasury Notes 4% | 1.39 | 33.4 Mil | Government |
United States Treasury Notes 3.88% | 1.38 | 33.1 Mil | Government |
United States Treasury Bonds 4.13% | 1.36 | 32.7 Mil | Government |
United States Treasury Notes 0.63% | 1.01 | 24.2 Mil | Government |
United States Treasury Notes 2.75% | 1.01 | 24.2 Mil | Government |
Fnma Pass-Thru I 6.5% | 0.95 | 22.9 Mil | Securitized |
Federal National Mortgage Association | 0.87 | 20.9 Mil | Securitized |