About PLSTX
Aristotle Strategic Income Fund Class A is an actively managed multisector bond mutual fund designed to deliver a high level of current income with a secondary goal of capital appreciation. The strategy is centered on corporate credit, allocating across investment‑grade bonds, high‑yield bonds, and bank loans, with these corporate-focused sectors historically comprising the vast majority of the portfolio. The team employs a research-driven process grounded in corporate-credit analysis, seeking bonds with attractive income and risk-adjusted return potential while managing duration within a medium, interest‑rate‑sensitive profile. An internal reference mix of roughly 40% high yield, 40% investment‑grade credit, and 20% bank loans underscores the fund’s diversified yet credit-forward approach. Positioned within the multisector bond category, the fund aims to complement traditional core fixed income by tapping a broader opportunity set across quality tiers and structures. Key features include a front‑load share class, an expense ratio under 1%, and a distribution profile aligned with its income objective, reflecting its role as a flexible corporate‑credit allocator within fixed‑income portfolios.
Fund Family Aristotle Funds
Category Multisector Bond
Performance Rating Above Average
Risk Rating Above Average
Ticker Symbol PLSTX
Share Class Class A
Index Bloomberg U.S. Aggregate Bond TR
PLSTX had a total return of 5.68% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.26%.
