Morningstar

Aristotle Floating Rate Income Fund Class C PLBCX

Morningstar Medalist Rating
Medalist Rating as of | See Aristotle Funds Investment Hub
  • NAV / 1-Day Return 9.21  /  −0.11 %
  • Total Assets 3.8B
  • Adj. Expense Ratio
    1.810%
  • Expense Ratio 1.780%
  • Distribution Fee Level Above Average
  • Share Class Type Level Load
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 5.72%
  • Effective Duration 0.33 years

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 12:51 AM GMT+0

Morningstar’s Analysis PLBCX

Will PLBCX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PLBCX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PLBCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PLBCX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Built to lose less.

Principal Maciej Kowara

Maciej Kowara

Principal

Summary

Downside protection is key to Aristotle Floating Rate Income’s playbook. The team, part of Aristotle Pacific, blends deep fundamental credit research with active trading inside a structure built around large, liquid loans, sidestepping the market's worst credits while staying nimble enough to exploit pricing dislocations. The protection isn't without costs—the fund cedes ground when the market's lowest-quality names lead—but over a full cycle that has been a bargain, and the evidence behind it has grown strong enough to lift the strategy's Process rating to High from Above Average.

by Maciej Kowara
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Portfolio Holdings PLBCX

More PLBCX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 24.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
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