Fund Evaluator:
Aristotle Pacific EXclusive Series I (APXIX)
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Best Performing in Intermediate Core Bond Over the Last Year
| 5.2% | MML Barings Core Bond M1 (MMCDX) |
| 5.2% | MML Barings Core Bond M2 (MMCAX) |
| 5.0% | Aristotle Pacific EXclusive Series I (APXIX) |
| 4.5% | Nuveen Core Impact Bond I (TSBHX) |
| 4.3% | Carillon Reams Core Bond I (SCCIX) |
Fund Details
Aristotle Pacific EXclusive Series I Overview
Aristotle Pacific EXclusive Series I (APXIX) is an actively managed Taxable Bond Intermediate Core Bond fund. Aristotle Funds launched the fund in 2025.
The investment seeks total return, consisting of current income and capital appreciation. The fund invests primarily in investment grade securities, it may invest up to 5% of its assets in non-investment grade securities, rated B- or above by a NRSRO or, if unrated, deemed to be of comparable quality by the Sub-Adviser, each at the time of purchase. The fund may invest its assets in illiquid or thinly traded investments. It may invest up to 25% of its net assets in foreign securities. The fund is non-diversified.
About Aristotle Pacific EXclusive Series I (APXIX)
There are 3 members of the management team with an average tenure of 1.02 years: Ying Qiu (2025), David Weismiller (2025), Jeff Klingelhofer (2025). Management tenure is more important for actively managed funds than passive index funds.
Aristotle Pacific EXclusive Series I has 45 securities in its portfolio. The top 10 holdings constitute 35.3% of the fund’s assets. The fund meets the SEC requirement of being classified as a nondiversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Aristotle Pacific EXclusive Series I is part of the Fixed Income global asset class and is within the Taxable Bond fund group. Aristotle Pacific EXclusive Series I has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0%. There is 0.0% allocated to foreign stock, and 5.8% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 92.8% (92.8% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Aristotle Pacific EXclusive Series I has 1.4% of the portfolio in cash.
Assets Under Management
The fund has $3 million in total assets, which is below the $3 billion average for the Intermediate Core Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
APXIX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Aristotle Pacific EXclusive Series I expense ratio is low compared to funds in the Intermediate Core Bond category. Aristotle Pacific EXclusive Series I has an expense ratio of 0.00%, which is 100% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Aristotle Pacific EXclusive Series I has a portfolio turnover rate of 44%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 150% for the Intermediate Core Bond category.
Recently, in the month of June 2026, Aristotle Pacific EXclusive Series I returned 0.1%, which earned it a grade of F, as the Intermediate Core Bond category had an average return of 0.2%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Aristotle Pacific EXclusive Series I has a trailing yield of 5.19%, which is above the 3.97% category average. The fund normally distributes its income daily and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Aristotle Pacific EXclusive Series I Grades
Year to date, the fund has returned 1.6%, 1.0 percentage points better than the category, which translates into a grade of A. The fund has returned 5.0% over the past year (grade of A).
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APXIX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| APXIX Return (NAV) | 0.1% | 1.1% | 5.0% | na | na | na |
| APXIX Grade | F | A | A | na | na | na |
| +/- Category | -0.1% | 0.4% | 1.3% | na | na | na |
| Intermediate Core Bond Avg | 0.2% | 0.7% | 3.7% | 4.2% | -0.0% | 1.6% |
| APXIX Tax Cost Ratio | na | na | 2.1% | na | na | na |
APXIX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| APXIX Return (NAV) | 1.6% | na | na | na | na | na | na | na | na | na | na |
| APXIX Grade | A | na | na | na | na | na | na | na | na | na | na |
| +/- Category | 1.0% | na | na | na | na | na | na | na | na | na | na |
| Intermediate Core Bond Avg | 0.6% | 7.0% | 1.6% | 5.6% | -13.2% | -1.5% | 8.1% | 8.5% | -0.4% | 3.6% | 2.8% |
| Risk Measures | |
| Standard Deviation: | na |
| Total Risk Index: | na |
| Category Risk Index: | na |
| Category Risk Grade: | |
| Beta: | na |
| R-Squared: | na |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | na |
| Yield: | 5.2% |
| Dividend Distribution: | Daily |
| Cap Gains Distribution: | Annually |
| Total Assets: | $3 Mil |
| Fund Total Assets: | $ 4 Mil |
| Share Class Type: | Inst |
| Portfolio Turnover: | 44% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 1.0 years | |||
| Average Tenure: 1.0 years | |||
| Managers (Year): Qiu Ying (2025), Weismiller David (2025), Klingelhofer Jeff (2025) | |||
Portfolio Composition (as of 5/31/26)
| # of Holdings: | 45 |
| % in Top 10 Holdings: | 35.3% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 5.8% |
| Domestic Bond: | 92.8% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.4% |
Purchase Information
| Fund Family: | Aristotle Funds |
| Phone Number: | 844-274-7885 |
| Website: |
| Status: | Open |
| Inception Date: | June 23, 2025 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.00% ( Rating : Low ) |
| Category Average Expense Ratio (%): | 0.57% |
| Share Class: | Aristotle Pacific EXclusive Series I |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
