Aristotle Funds Reduces Fees of Four Funds [Yahoo! Finance]
Morningstar, Inc. (MORN)
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Source: Yahoo! Finance
The Aristotle Funds fee reductions—which took effect April 1, 2024—vary by fund and share class (see table below and the applicable fund's prospectus ) and include a 10-basis-point management fee cut to Aristotle Core Income Fund Class I shares, an intermediate-term fixed-income offering with a 5-Star Overall Morningstar Rating™ as of February 29, 2024. "We continually review how we can better serve investors in achieving their long-term financial goals through our investment solutions and the fee reductions announced today have come out of these discussions," said Dominic Nolan, chief executive officer of Aristotle Investment Services, LLC, the investment adviser to the Aristotle Funds. "We believe the lower management fees will not only benefit our investors but better position us for future growth." Aristotle Funds has over $13.9 billion of assets under management (as of February 29, 2024). Fund Ticker Share Class Percent Decrease Aristotle Core Income Fund PLIIX
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