07/30/2024 | Press release | Distributed by Public on 07/30/2024 14:40
Aristotle ESG Core Bond Fund
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Summary Prospectus
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July 29, 2024
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Share Class | |||
I | I-2 | ||
Management Fee1
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0.48% | 0.48% | |
Other Expenses
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0.02% | 0.02% | |
Total Annual Fund Operating Expenses | 0.50% | 0.50% | |
Less Fee Waiver2
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(0.02)% | (0.02)% | |
Total Annual Fund Operating Expenses after Fee Waiver | 0.48% | 0.48% | |
1
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The Management Fee consists of an Advisory Fee and a Supervision and Administration Fee paid to Aristotle Investment Services, LLC. The Advisory Fee is borne by the Fund at the same annual rate for all share classes of 0.35% of the average net assets. The Supervision and Administration Fee is borne separately by each class at an annual rate of 0.13% of the average net assets of the class.
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2
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Aristotle Investment Services, LLC has contractually agreed, through July 31, 2025, to waive its management fees to the extent that the Fund's Total Annual Fund Operating Expenses exceed 0.48% for all share classes. Aristotle Investment Services, LLC may not recoup these waivers in future periods. This agreement may only be terminated or amended prior to July 31, 2025 by the Fund's Board of Trustees.
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Your expenses (in dollars) if you SELL or DON'T SELL your shares at the end of each period.
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Share Class | ||
I | I-2 | |
1 year | $49 | $49 |
3 years | $158 | $158 |
5 years | $278 | $278 |
10 years | $626 | $626 |
Calendar Year Total Returns (%) |
Average Annual Total Returns
(For the periods ended December 31, 2023) |
1 year | Since Inception |
Class I (incepted December 14, 2020) (before taxes)
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6.84% | (2.60)% |
Class I (after taxes on distributions)
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5.50% | (3.39)% |
Class I (after taxes on distributions and sale of Fund shares)
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4.02% | (2.30)% |
Class I-2 (incepted December 14, 2020) (before taxes)
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6.72% | (2.63)% |
Bloomberg US Aggregate Bond Index (reflects no deductions for fees, expenses or taxes) (based on Class I inception date of December 14, 2020)1
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5.53% | (3.19)% |
Portfolio Manager and Primary Title with Sub-Adviser |
Experience with Fund and Predecessor Fund
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David Weismiller, CFA, Senior Managing Director and Portfolio Manager
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Since 2020
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Ying Qiu, CFA, Managing Director and Portfolio Manager
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Since 2020
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