PLIAX Fees and Costs — Aristotle Core Income Fund, Class A
Data updated: 2026-08-26
The net expense ratio is 0.85%: a 0.60% management fee plus a 0.25% 12b-1 fee. This share class carries a maximum front-end sales load of 3.00%. Portfolio turnover was 76%.
PLIAX Fees and Expenses
Annual operating expenses and sales charges of PLIAX. Prospectus, as of July 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.25% |
| Other expenses | — |
| Gross expense ratio | 0.85% |
| Fee waiver | — |
| Net expense ratio | 0.85% |
| Sales charges | |
|---|---|
| Max front load | 3.00% |
| 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 |
PLIAX Costs Over Time
On $10,000 invested in PLIAX, assuming 5% a year before costs, total costs come to $900 over 5 years, cutting the return by 1.52% 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 | $300 | $300 | $300 |
| Fund expenses (net expense ratio 0.85%) | $87 | $271 | $470 |
| Lost growth on money paid in costs | $15 | $61 | $130 |
| Total costs | $402 | $631 | $900 |
| Value after costs | $10,098 | $10,945 | $11,863 |
| Impact on return, per year | 4.02% | 1.94% | 1.52% |
PLIAX 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $4.4B
- Portfolio turnover (prospectus): 76%
- Securities on loan, average value: $32.1M
- Net income from securities lending: —
PLIAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $808.4M | 23.97% |
| BOFA SECURITIES INC. | $476.5M | 14.13% |
| WELLS FARGO SECURITIES LLC | $446.1M | 13.23% |
| MORGAN STANLEY & CO. LLC | $413.1M | 12.25% |
| GOLDMAN SACHS & CO. LLC | $317.2M | 9.41% |
| BARCLAYS CAPITAL INC. | $276.0M | 8.18% |
| CITIGROUP GLOBAL MARKETS INC. | $224.2M | 6.65% |
| BNP PARIBAS SECURITIES CORP. | $200.3M | 5.94% |
| BNY MELLON CAPITAL MARKETS LLC | $119.8M | 3.55% |
| RBC CAPITAL MARKETS LLC | $90.6M | 2.69% |
Aristotle Core Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PLIIX | Class I | 0.45% | none |
| PLIHX | Class H | 0.46% | none |
| PLIDX | Class I-2 | 0.55% | none |
| PLIAX | Class A | 0.85% | 3.00% |
| PLNCX | Class C | 1.60% | none |
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.