About PLHYX
Aristotle High Yield Bond Fund Class I-2 is a mutual fund that seeks a high level of current income through investments in high-yield bonds. It focuses on lower-quality, higher-risk corporate bonds, which offer greater income potential compared to investment-grade securities. The fund's portfolio includes positions in issuers across various sectors, such as corporate holdings like Majordrive Holdings, UKG Inc., Truist Insurance Holdings, Jane Street Group, Venture Global LNG, Ardonagh Group Finance, GFL Environmental, Howden UK Refinance, and NCL Corporation, alongside cash equivalents. Designed for investors pursuing enhanced income and portfolio diversification, it emphasizes bonds from companies in diverse industries including energy, environmental services, insurance, and shipping. This Class I-2 share class caters to institutional and qualified investors, providing access to a strategy that prioritizes yield generation within the high-yield bond market segment.
Fund Family Aristotle Funds
Category High Yield Bond
Stock Exchange NASDAQ
Ticker Symbol PLHYX
Share Class Class I-2
Index Bloomberg US High Yield 2% Issuer Cap TR
PLHYX had a total return of 5.94% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.66%.