Morningstar

Aristotle Floating Rate Income A PLFLX

Morningstar Medalist Rating
Medalist Rating as of | See Aristotle Funds Investment Hub
  • NAV / 1-Day Return 9.48  /  +0.02 %
  • Total Assets 4.1 Bil
  • Adj. Expense Ratio
    1.040%
  • Expense Ratio 1.050%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 8.61%
  • Effective Duration 0.38 years

USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 11:01 PM GMT+0

Morningstar’s Analysis PLFLX

Will PLFLX outperform in 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 PLFLX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PLFLX 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 PLFLX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A strong choice focused on bank loans.

Strategist Maciej Kowara

Maciej Kowara

Strategist

Summary

Aristotle Floating Rate Income’s experienced team and sensible process have served investors well in a variety of market conditions, earning upgrades to Above Average for its People and Process pillars.

by Maciej Kowara
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PLFLX

More PLFLX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 22.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

US BANK MMDA - USBGFS 9

3.92 161.9 Mil
Cash and Equivalents

Ukg Inc

3.41 140.9 Mil
Corporate

Assuredpartners Inc

3.23 133.5 Mil
Corporate

Truist Insurance Holdings LLC

2.32 95.9 Mil
Corporate

Dynasty Acquisition Co Inc

2.29 94.4 Mil
Corporate

Filtration Group Corp

2.20 90.9 Mil
Corporate

Clubcorp Holdings Inc

2.04 84.1 Mil
Corporate

BroadStreet Partners Inc

1.81 74.9 Mil
Corporate

Applied Systems Inc

1.75 72.2 Mil
Corporate

Acrisure LLC

1.61 66.5 Mil
Corporate

Sponsor Center