PLBCX – Aristotle Floating Rate Income C Investment Strategy | Morningstar

Morningstar

Strategy

The investment seeks a high level of current income. The fund seeks to achieve its investment goal by investing, under normal circumstances, at least 80% of its net assets in floating rate loans and floating rate debt instruments. It invests principally in income-producing floating rate loans and floating rate debt instruments, which are those with interest rates which float, adjust, or vary periodically based upon a benchmark indicator. 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.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PLFRX	Aristotle Floating Rate Income Fund Class I	Institutional	Open			Jun 30, 2011	$1.71B	0.730%	Average	$500,000	$95.07M
PLFDX	Aristotle Floating Rate Income Fund Class I-2	Institutional	Open			Jun 29, 2012	$1.80B	0.810%	High	$0	−$176.92M
PLFLX	Aristotle Floating Rate Income Fund Class A	Front Load	Open			Dec 30, 2011	$219.63M	1.060%	Above Average	$1,000	−$39.79M
PLBCX	Aristotle Floating Rate Income Fund Class C	Level Load	Open			Dec 30, 2011	$92.92M	1.810%	Above Average	$1,000	−$24.98M

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