Aristotle Portfolio Optimization Growth Fund Class A (PODAX)
| Fund Assets | 616.17M |
| Expense Ratio | 1.09% |
| Min. Investment | $1,000 |
| Turnover | 126.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 2.35% |
| Dividend Growth | 121.37% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 13.44 |
| YTD Return | 7.78% |
| 1-Year Return | 13.49% |
| 5-Year Return | 50.18% |
| 52-Week Low | 11.03 |
| 52-Week High | 13.44 |
| Beta (5Y) | n/a |
| Holdings | 21 |
| Inception Date | Dec 31, 2003 |
About PODAX
The Aristotle Portfolio Optimization Growth Fund Class A is a diversified mutual fund designed to pursue moderately high, long-term capital appreciation while offering low current income. As a “fund of funds,” it invests in a mix of underlying mutual funds and exchange-traded funds, providing broad exposure to both debt and equity markets. The fund adopts a balanced investment process rooted in three core principles: a disciplined process, an integrated investment team, and a diversified approach. Its target allocation ranges between 70–85% equities and 15–30% fixed income, allowing it to participate in growth opportunities while managing downside risk through bond exposure. This structure positions the fund within the moderately aggressive allocation category, making it suitable as a core holding for investors seeking growth alongside some stability. Its holdings span U.S. and international equities, value and growth styles, and various fixed income sectors, aiming for consistent performance across different market environments. The fund’s strategy emphasizes long-term investing, factual analysis, and a deliberate avoidance of market timing, providing a systematic way to pursue global diversification and capital growth.
Performance
PODAX had a total return of 13.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.56%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIQCX | Fidelity | Fidelity Advisor Asset Manager 85% - Class Z | 0.57% |
| FBRNX | Fidelity | Fidelity Advisor Stock Selector Fund - Class I | 0.48% |
| FSSKX | Fidelity | Fidelity Stock Selector Fund - Class K | 0.36% |
| FSJHX | Fidelity | Fidelity Advisor Stock Selector Fund - Class M | 0.98% |
| FEYAX | Fidelity | Fidelity Advisor Asset Manager 85% - Class A | 0.94% |
Top 10 Holdings
84.95% of assets| Name | Symbol | Weight |
|---|---|---|
| Aristotle Core Eq I | ARILX | 19.62% |
| iShares Russell 1000 Value ETF | IWD | 13.79% |
| Aristotle Funds Series Trust - Growth Equity Fund | ARIGX | 12.68% |
| Aristotle International Eq I | ARIFX | 10.04% |
| Aristotle Core Income Fund Class I | PLIIX | 5.62% |
| iShares Russell Mid-Cap Growth ETF | IWP | 5.27% |
| Aristotle Short Duration Income I | PLSDX | 5.19% |
| iShares Russell Mid-Cap Value ETF | IWS | 4.52% |
| iShares Russell 2000 Value ETF | IWN | 4.48% |
| Aristotle Core Bond I | PLEBX | 3.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $0.33407 | Dec 30, 2024 |
| Dec 29, 2023 | $0.11453 | Dec 29, 2023 |
| Dec 7, 2023 | $0.03638 | Dec 7, 2023 |
| Dec 8, 2022 | $2.61462 | Dec 8, 2022 |
| Dec 30, 2021 | $0.40335 | Dec 30, 2021 |
| Dec 8, 2021 | $1.22758 | Dec 8, 2021 |