ARSLX — Aristotle Small Cap Equity Fund
Data updated: 2023-11-27
ARSLX — Aristotle Small Cap Equity Fund. Developed ex-US Small Cap Blend / Core Equity · $183.18M AUM. Holdings, fees, performance and SEC filings.
ARSLX Fund Overview
ARSLX — Aristotle Small Cap Equity Fund is a US mutual fund managed by Investment Managers Series Trust, categorised as Developed ex-US Small Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Investment Managers Series Trust
- Category: Developed ex-US Small Cap Blend / Core Equity
- Assets under management: $183.18M
- 1-year return: 7.5%
- Ticker: ARSLX
- SEC CIK: 0001318342
- SEC series ID: S000051355
- Share class ID: C000161895
ARSLX Investment Objective and Strategy
Aristotle Small Cap Equity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Investment Managers Series Trust.
Investment objective
"The investment objective of the Aristotle Small Cap Equity Fund (the ""Small Cap Equity Fund"") is to seek long-term capital appreciation."
Principal investment strategy
"Under normal circumstances, the Small Cap Equity Fund invests at least 80% of its net assets (including amounts borrowed for investment purposes) in equity securities of small capitalization companies. Aristotle Capital Boston, LLC, the Small Cap Equity Fund's Advisor, considers small capitalization companies to be those companies that, at the time of initial purchase, have a market capitalization equal to or less than that of the largest company in the Russell 2000 Index during the most recent 12-month period (approximately $14.3 billion during the 12-month period ended December 31, 2017). The Russell 2000 Index is reconstituted annually. Because small capitalization companies are defined by reference to an index, the range of market capitalization of companies in which the Small Cap Equity Fund invests may vary with market conditions.
Investments in companies that move above or below the capitalization range may continue to be held by the Small Cap Equity Fund in the Advisor's sole discretion. The Small Cap Equity Fund's investments in equity securities may include common stocks, depository receipts, and exchange traded-funds (""ETFs"") that invest primarily in equity securities of small capitalization companies. Depository receipts represent interests in foreign securities held on deposit by banks. ETFs are investment companies that invest in portfolios of securities designed to track particular market segments or indices, the shares of which are bought and sold on securities exchanges. The Small Cap Equity Fund seeks to meet its investment objective by investing primarily in equity securities of U.S. issuers but may invest up to 5% of its total assets in American Depository Receipts (""ADRs"").
ADRs are receipts that represent interests in foreign securities held on deposit by U.S. banks. In pursuing the Small Cap Equity Fund's investment objective, the Advisor employs a fundamental, bottom-up research driven approach to identify companies for investment by the Small Cap Equity Fund. The Advisor focuses on those companies that it believes have high quality businesses that are undervalued by the market relative to what the Advisor believes to be their fair value. The Advisor seeks to identify high quality businesses by focusing on companies with the following attributes: disciplined business plans; attractive business fundamentals; sound balance sheets; financial strength; experienced, motivated company management; reasonable competition; and/or a record of long-term value creation.
The Fund generally seeks favorable performance relative to its benchmark, the Russell 2000 Index. However, the Advisor is not constrained by the composition of the Russell 2000 Index in selecting investments for the Fund."
ARSLX Performance
Total returns for ARSLX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 7.5% |
| 3 years (annualised) | 9.9% |
ARSLX Risk Information
Risk metrics for ARSLX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 21.5%
ARSLX Costs and Fees
ARSLX costs about $90 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.90%
- Gross expense ratio: 1.01%
- Portfolio turnover: 19%
- Brokerage commissions: 3.32 bps of average net assets (SEC N-CEN)
ARSLX Cashflows
Over the 12 months to 2023-09, Aristotle Small Cap Equity Fund had net inflows of $61.25M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-09 | $4.13M |
| 2023-08 | $2.56M |
| 2023-07 | $2.69M |
| 2023-06 | $1.84M |
| 2023-05 | $2.64M |
| 2023-04 | $3.10M |
ARSLX Debt Constituents
No individual debt constituents are reported in Aristotle Small Cap Equity Fund's latest SEC N-PORT filing.
ARSLX Prospectus and SEC Filings
Official Aristotle Small Cap Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-04-25
- Prospectus (485BPOS) — filed 2022-04-25
- Prospectus (485BPOS) — filed 2021-04-28
- Portfolio holdings (N-PORT) — filed 2023-11-27
- Portfolio holdings (N-PORT) — filed 2023-08-25
- Portfolio holdings (N-PORT) — filed 2023-05-25
- Annual census (N-CEN) — filed 2023-03-15
- Annual census (N-CEN) — filed 2022-03-10
Related Funds
Other Developed ex-US Small Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.