About PLIIX
Aristotle Core Income Fund Class I is an open-end mutual fund focused on generating income by investing primarily in fixed-income securities. Its principal objective is to provide current income, with capital appreciation as a secondary goal. The fund primarily allocates at least 60% of its assets to investment-grade debt instruments, including corporate bonds, asset-backed securities, mortgage-related securities, and securities issued by the U.S. government and its agencies. It also has the flexibility to invest up to 40% in non-investment grade, or high-yield, debt instruments and floating rate senior loans, offering broader exposure to credit opportunities. Managed by a team specializing in fixed-income and corporate-credit research, the fund is classified in the Intermediate Core-Plus Bond category, which allows it a wide mandate within both traditional and non-traditional income sectors. Aristotle Core Income Fund Class I typically holds hundreds of individual securities, providing diversification across issuers and industries, and seeks to adjust its allocations as market opportunities arise. Since its inception in 2010, it has aimed to balance risk and return for investors seeking stable income within the broader bond market.
Fund Family Aristotle Funds
Category Intermediate Core-Plus Bond
Performance Rating Above Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol PLIIX
Share Class Class I
Index Bloomberg U.S. Aggregate Bond TR
PLIIX had a total return of -2.07% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.35%.
