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Aristotle Core Income I PLIIX

Medalist Rating as of | See Aristotle Funds Investment Hub
  • NAV / 1-Day Return 9.47  /  +0.42 %
  • Total Assets 2.3 Bil
  • Adj. Expense Ratio
    0.450%
  • Expense Ratio 0.450%
  • Distribution Fee Level Above 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 4.43%
  • Effective Duration 5.99 years

USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 11:53 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.

Upgrading People and Process to Above Average.

Strategist Maciej Kowara

Maciej Kowara

Strategist

Summary

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.

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Portfolio Holdings PLIIX

  • 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