This list is an analysis based on recent market events. It's not an investment recommendation.
The primary objective of this fund is to achieve a substantial level of current income. It accomplishes this by investing predominantly in income-generating floating rate loans and other floating rate debt instruments. Typically, at least four-fifths (80%) of the fund's assets are committed to these specific types of floating rate securities under normal market conditions. A portion, up to 25% of its total assets, may be directed towards foreign investments denominated in U.S. dollars, primarily originating from developed economies. Furthermore, the fund possesses the latitude to allocate as much as 20% of its holdings to diverse debt instruments or securities, which includes non-investment grade debt, commonly referred to as high-yield or "junk bonds" due to their elevated risk profile.
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FAQ
What is Aristotle Floating Rate Income Fund Class I stock price today?▼
The current price of PLFRX is $9.24 USD — it has decreased by -0.11% in the past 24 hours. Watch Aristotle Floating Rate Income Fund Class I stock price performance more closely on the chart.
What is Aristotle Floating Rate Income Fund Class I stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on NASDAQ exchange Aristotle Floating Rate Income Fund Class I stocks are traded under the ticker PLFRX.
Is Aristotle Floating Rate Income Fund Class I stock price growing?▼
PLFRX stock has fallen by -0.22% compared to the previous week, the month change is a -0.32% fall, over the last year Aristotle Floating Rate Income Fund Class I has showed a -1.91% decrease.
Does Aristotle Floating Rate Income Fund Class I pay dividends?▼
Yes, PLFRX dividends are paid monthly. The last dividend per share was 0.06 . As of today, Dividend Yield (FWD)% is 6.35%.
In which sector is Aristotle Floating Rate Income Fund Class I located?▼
Aristotle Floating Rate Income Fund Class I operates in the Other sector.
When did Aristotle Floating Rate Income Fund Class I complete a stock split?▼
Aristotle Floating Rate Income Fund Class I has not had any recent stock splits.