ARALX Fees and Costs — Aristotle Core Equity Fund, Class A
Data updated: 2026-08-26
The net expense ratio is 0.90%: a 0.65% management fee plus a 0.25% 12b-1 fee. This share class carries a maximum front-end sales load of 4.25%. In fiscal 2026 the fund paid $60K in broker commissions, 0.0111% of average net assets, and portfolio turnover was 16%.
ARALX Fees and Expenses
Annual operating expenses and sales charges of ARALX. Prospectus, as of July 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.25% |
| Other expenses | — |
| Gross expense ratio | 0.90% |
| Fee waiver | — |
| Net expense ratio | 0.90% |
| Sales charges | |
|---|---|
| Max front load | 4.25% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
ARALX Costs Over Time
On $10,000 invested in ARALX, assuming 5% a year before costs, total costs come to $1,089 over 5 years, cutting the return by 1.86% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $425 | $425 | $425 |
| Fund expenses (net expense ratio 0.90%) | $90 | $283 | $491 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $21 | $81 | $168 |
| Total costs | $538 | $792 | $1,089 |
| Value after costs | $9,962 | $10,784 | $11,674 |
| Impact on return, per year | 5.38% | 2.45% | 1.86% |
ARALX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0111%
- Total broker commissions: $60K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 16%
- Securities on loan, average value: $225K
- Net income from securities lending: —
ARALX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS ASSET MANAGEMENT (US) INC. | $25K | 41.68% |
| JEFFERIES LLC | $12K | 19.73% |
| MORGAN STANLEY & CO. LLC | $6K | 10.23% |
| BARCLAYS CAPITAL INC. | $5K | 7.63% |
| CITIGROUP GLOBAL MARKETS INC. | $4K | 7.41% |
| J.P. MORGAN SECURITIES LLC | $3K | 5.16% |
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $2K | 3.26% |
| ROBERT W. BAIRD & CO. INCORPORATED | $1K | 2.23% |
| GOLDMAN SACHS & CO. LLC | $823 | 1.39% |
| SG AMERICAS SECURITIES LLC | $768 | 1.29% |
Aristotle Core Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| AILLX | Class I-2 | 0.65% | none |
| ARILX | Class I | 0.65% | none |
| ARALX | Class A | 0.90% | 4.25% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.