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Aristotle ESG Core Bond Fund
mutual fund
PLEDX
Payout Change
Pending
Price as of:
$8.58
+0.01
+0.12%
primary theme
U.S. Intermediate-Term Bond Duration
share class
PLEDX (Mutual Fund)
Aristotle ESG Core Bond Fund
Payout Change
Pending
Price as of:
$8.58
+0.01
+0.12%
primary theme
U.S. Intermediate-Term Bond Duration
share class
PLEDX (Mutual Fund)
Aristotle ESG Core Bond Fund
Payout Change
Pending
Price as of:
$8.58
+0.01
+0.12%
primary theme
U.S. Intermediate-Term Bond Duration
share class
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
2.1%
1 yr return
2.4%
3 Yr Avg Return
-1.5%
5 Yr Avg Return
N/A
Net Assets
$26.7 M
Holdings in Top 10
23.2%
52 WEEK LOW AND HIGH
$8.6
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.50%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 51.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
PLEDX - Profile
Distributions
- YTD Total Return 2.1%
- 3 Yr Annualized Total Return -1.5%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.06%
- Dividend Yield 3.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameAristotle ESG Core Bond Fund
-
Fund Family NameAristotle Funds Series Trust
-
Inception DateDec 14, 2020
-
Shares OutstandingN/A
-
Share ClassI2
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerYing Qiu
Fund Description
The Fund primarily invests in a broad range of investment grade debt securities, including corporate bonds, mortgage-related securities, asset-backed securities, debt securities issued by the U.S. government or its related agencies and U.S. dollar-denominated debt securities issued by developed foreign governments and corporations. Under normal circumstances, the Fund will invest at least 80% of its assets in debt securities. The Fund may invest up to 65% of its assets in corporate bonds. The Fund may invest up to 30% of its assets in U.S. dollar-denominated debt securities of developed foreign governments and corporations.
The Fund expects to maintain a weighted average duration within two years (plus or minus) of the Bloomberg US Aggregate Bond Index. Duration is often used to measure a bond’s sensitivity to interest rates. The longer a fund’s duration, the more sensitive it is to Interest Rate Risk. The shorter a fund’s duration, the less sensitive it is to Interest Rate Risk. The duration of the Bloomberg US Aggregate Bond Index was 6.21 years as of November 30, 2024.
The sub-adviser’s investment process for the Fund is based on the sub-adviser’s fundamental research process, which considerations are described below.
Individual investments may be purchased or sold in the event the sub-adviser decides to adjust debt asset class weightings within the portfolio. An investment is generally sold when the sub-adviser believes that the issue has realized its price appreciation target, the issue no longer offers relative value, or an adverse change in corporate or sector fundamentals has occurred.
The sub-adviser normally invests the Fund’s assets across different groups of industries/sectors but may invest a significant percentage of the Fund’s assets in issuers in a single sector. The components of the Fund are likely to change over time.
Fundamental Research Process. The sub-adviser’s fundamental research process combines a bottom-up issuer analysis and top-down market assessment. A bottom-up issuer analysis relies upon the sub-adviser’s fundamental research analysis of individual issuers. A top-down market assessment provides a framework for portfolio risk positioning and sector allocations. Once this is determined, the sub-adviser looks for companies that it believes have sustainable competitive positions, strong management teams and the ability to repay or refinance its debt obligations. The sub-adviser performs a credit analysis on each potential issuer and a relative value analysis for each potential investment. When selecting investments, the sub-adviser may invest in instruments that it believes have the potential for capital appreciation.
PLEDX - Performance
Return Ranking - Trailing
| Period | PLEDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.1% | -7.8% | 11.6% | 31.22% |
| 1 Yr | 2.4% | -7.5% | 11.7% | 32.16% |
| 3 Yr | -1.5%* | -11.0% | 27.4% | 15.03% |
| 5 Yr | N/A* | -7.6% | 58.4% | N/A |
| 10 Yr | N/A* | -3.0% | 73.8% | N/A |
* Annualized
Return Ranking - Calendar
| Period | PLEDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 3.5% | -16.2% | 8.1% | 6.03% |
| 2022 | -14.1% | -34.7% | 131.9% | 11.28% |
| 2021 | N/A | -11.6% | 4.4% | N/A |
| 2020 | N/A | -9.9% | 946.1% | N/A |
| 2019 | N/A | -1.7% | 16.9% | N/A |
Total Return Ranking - Trailing
| Period | PLEDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.1% | -7.8% | 11.6% | 31.22% |
| 1 Yr | 2.4% | -7.5% | 11.7% | 32.16% |
| 3 Yr | -1.5%* | -11.0% | 27.4% | 15.03% |
| 5 Yr | N/A* | -7.6% | 58.4% | N/A |
| 10 Yr | N/A* | -3.0% | 73.8% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | PLEDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 6.7% | -11.3% | 11.9% | 25.99% |
| 2022 | -12.5% | -32.2% | 131.9% | 17.23% |
| 2021 | N/A | -9.4% | 9.2% | N/A |
| 2020 | N/A | -1.9% | 1009.0% | N/A |
| 2019 | N/A | 1.1% | 21668.0% | N/A |
NAV & Total Return History
PLEDX - Holdings
Concentration Analysis
| PLEDX | Category Low | Category High | PLEDX % Rank | |
|---|---|---|---|---|
| Net Assets | 26.7 M | 2.9 M | 314 B | 97.20% |
| Number of Holdings | 111 | 1 | 17880 | 93.87% |
| Net Assets in Top 10 | 6.5 M | 1.62 M | 35.1 B | 97.61% |
| Weighting of Top 10 | 23.21% | 4.7% | 3984.6% | 47.97% |
Top 10 Holdings
- United States Treasury Note/Bond 5.14%
- United States Treasury Note/Bond 3.71%
- United States Treasury Note/Bond 2.28%
- Morgan Stanley 1.92%
- Goldman Sachs Group Inc/The 1.75%
- United States Treasury Note/Bond 1.74%
- United States Treasury Note/Bond 1.74%
- US BANK MMDA - USBGFS 9 1.66%
- Sumitomo Mitsui Financial Group Inc 1.66%
- Nordson Corp 1.61%
Asset Allocation
| Weighting | Return Low | Return High | PLEDX % Rank | |
|---|---|---|---|---|
| Bonds | 86.07% | 0.00% | 9231.88% | 83.11% |
| Other | 10.18% | -27.25% | 1695.17% | 24.40% |
| Cash | 1.97% | -54.51% | 237.69% | 60.85% |
| Preferred Stocks | 1.77% | 0.00% | 72.34% | 2.08% |
| Convertible Bonds | 0.93% | 0.00% | 7.93% | 71.65% |
| Stocks | 0.00% | 0.00% | 99.98% | 87.98% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | PLEDX % Rank | |
|---|---|---|---|---|
| Corporate | 56.62% | 0.00% | 100.00% | 4.92% |
| Securitized | 21.04% | 0.00% | 98.40% | 79.29% |
| Government | 16.90% | 0.00% | 86.23% | 71.44% |
| Cash & Equivalents | 1.66% | 0.00% | 237.69% | 62.20% |
| Derivative | 0.00% | -6.56% | 43.84% | 55.24% |
| Municipal | 0.00% | 0.00% | 100.00% | 94.35% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | PLEDX % Rank | |
|---|---|---|---|---|
| US | 86.07% | 0.00% | 9042.62% | 76.95% |
| Non US | 0.00% | 0.00% | 189.26% | 88.68% |
PLEDX - Expenses
Operational Fees
| PLEDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.50% | 0.01% | 39.64% | 72.00% |
| Management Fee | 0.48% | 0.00% | 1.76% | 87.20% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
| PLEDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| PLEDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| PLEDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 51.00% | 2.00% | 493.39% | 19.78% |
PLEDX - Distributions
Dividend Yield Analysis
| PLEDX | Category Low | Category High | PLEDX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.04% | 0.00% | 10.11% | 80.21% |
Dividend Distribution Analysis
| PLEDX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | SemiAnnual | Monthly | Quarterly |
Net Income Ratio Analysis
| PLEDX | Category Low | Category High | PLEDX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.06% | -1.28% | 4.79% | 86.31% |
Capital Gain Distribution Analysis
| PLEDX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Nov 27, 2024 | $0.022 | OrdinaryDividend |
| Oct 31, 2024 | $0.026 | OrdinaryDividend |
| Sep 30, 2024 | $0.024 | OrdinaryDividend |
| Aug 30, 2024 | $0.024 | OrdinaryDividend |
| Jul 31, 2024 | $0.030 | OrdinaryDividend |
| Apr 30, 2024 | $0.023 | OrdinaryDividend |
| Mar 28, 2024 | $0.023 | OrdinaryDividend |
| Feb 29, 2024 | $0.022 | OrdinaryDividend |
| Jan 31, 2024 | $0.023 | OrdinaryDividend |
| Dec 28, 2023 | $0.025 | OrdinaryDividend |
| Nov 30, 2023 | $0.023 | OrdinaryDividend |
| Oct 31, 2023 | $0.025 | OrdinaryDividend |
| Sep 29, 2023 | $0.022 | OrdinaryDividend |
| Aug 31, 2023 | $0.023 | OrdinaryDividend |
| Jul 31, 2023 | $0.022 | OrdinaryDividend |
| Jun 30, 2023 | $0.021 | OrdinaryDividend |
| May 31, 2023 | $0.023 | OrdinaryDividend |
| Apr 28, 2023 | $0.019 | OrdinaryDividend |
| Mar 31, 2023 | $0.021 | OrdinaryDividend |
| Feb 28, 2023 | $0.019 | OrdinaryDividend |
| Jan 31, 2023 | $0.020 | OrdinaryDividend |
| Dec 28, 2022 | $0.019 | OrdinaryDividend |
| Nov 30, 2022 | $0.018 | OrdinaryDividend |
| Oct 31, 2022 | $0.018 | OrdinaryDividend |
| Sep 30, 2022 | $0.016 | OrdinaryDividend |
| Aug 31, 2022 | $0.016 | OrdinaryDividend |
| Jul 29, 2022 | $0.013 | OrdinaryDividend |
| Jun 30, 2022 | $0.020 | OrdinaryDividend |
| May 31, 2022 | $0.005 | OrdinaryDividend |
| Apr 29, 2022 | $0.011 | OrdinaryDividend |
| Mar 31, 2022 | $0.011 | OrdinaryDividend |
| Feb 28, 2022 | $0.009 | OrdinaryDividend |
| Jan 31, 2022 | $0.009 | OrdinaryDividend |
| Dec 29, 2021 | $0.011 | OrdinaryDividend |
| Nov 30, 2021 | $0.009 | OrdinaryDividend |
| Oct 29, 2021 | $0.008 | OrdinaryDividend |
| Sep 30, 2021 | $0.009 | OrdinaryDividend |
| Aug 31, 2021 | $0.009 | OrdinaryDividend |
| Jul 30, 2021 | $0.009 | OrdinaryDividend |
| Jun 30, 2021 | $0.011 | OrdinaryDividend |
| May 28, 2021 | $0.008 | OrdinaryDividend |
| Apr 30, 2021 | $0.009 | OrdinaryDividend |
| Mar 31, 2021 | $0.008 | OrdinaryDividend |
| Feb 26, 2021 | $0.007 | OrdinaryDividend |
| Jan 29, 2021 | $0.007 | OrdinaryDividend |
| Dec 29, 2020 | $0.005 | OrdinaryDividend |
PLEDX - Fund Manager Analysis
Managers
Ying Qiu
Start Date
Tenure
Tenure Rank
Dec 14, 2020
1.46
1.5%
Ms. Qiu is a managing director and portfolio manager of Pacific Asset Management since 2016. Ms. Qiu is a co-portfolio manager on various investment grade portfolios and has credit research responsibilities focusing on asset-backed securities ("ABS") and airlines sectors. Prior to joining Pacific Asset Management, Ms. Qiu was a senior vice president, portfolio manager and trader for both investment grade corporate and ABS with PIMCO since 2008. Ms. Qiu began her investment career in 1997 and has a BA from Renmin University of China and an MBA from the Emory University.
David Weismiller
Start Date
Tenure
Tenure Rank
Dec 14, 2020
1.46
1.5%
Mr. Weismiller is managing director and portfolio manager of Pacific Asset Management since 2007. Mr. Weismiller is the co-portfolio manager on Pacific Asset Management’s core plus and investment grade bond strategies. Joined Pacific Life in June 2002 and was a former member of Pacific Life’s credit research team and was responsible for fixed income and leveraged loan credit analysis. Prior to joining Pacific Life, Mr. Weismiller was with Comerica Bank, where he was a Commercial Banking Officer responsible for investing in a portfolio of leveraged loans. He has a BA from the University of California, Santa Barbara and an MBA from the University of California, Irvine.He began his investment career in 1997 .
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 33.43 | 6.77 | 1.16 |
