Aristotle Core Income Fund Class I (PLIIX)
Aristotle Core Income Fund Class I operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Newport Beach, CA, US. The stock last traded at $9.48, up 0.00% on the session, giving a market capitalisation of $3.23B. Its beta of 0.89 implies it has historically moved less than the broad market.
The fund primarily aims to invest in debt securities designed to generate income. A significant portion of its portfolio—typically no less than 60%—will be allocated to higher-rated debt instruments. These include various types such as corporate bonds, asset-backed securities, mortgage-related securities, and obligations issued by the U.S. government or its agencies. The fund also has the option to dedicate up to 40% of its holdings to debt instruments that are not considered investment-grade (which are often referred to as high-yield, high-risk, or "junk bonds"), as well as senior floating-rate loans.
Aristotle Core Income Fund Class I is most often compared with the following Financial Services names: