Aristotle Core Equity Fund
Name
As of 10/20/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$368 M
Holdings in Top 10
41.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.79%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 8.00%
Redemption Fee 1.00%
Min Investment
Standard (Taxable)
$2,500
IRA
$2,500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/20/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
ARSLX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.33%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameAristotle Core Equity Fund
-
Fund Family NameINVESTMENT MANAGERS SERIES TRUST
-
Inception DateMar 31, 2017
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerOwen Fitzpatrick
Fund Description
Under normal circumstances, the Core Equity Fund invests at least 80% of its net assets (including amounts borrowed for investment purposes) in equity securities. The Core Equity Fund’s investments in equity securities may include common stocks, preferred stocks, convertible preferred stocks, depositary receipts, shares of publicly-traded real estate investment trusts (“REITs”), warrants and rights. The Core Equity Fund’s investments in depositary receipts may include American, European, and Global Depositary Receipts (“ADRs,” “EDRs,” and “GDRs,” respectively). ADRs are receipts that represent interests in foreign securities held on deposit by U.S. banks. EDRs and GDRs have the same qualities as ADRs, except that they may be traded in several international trading markets. Although the Core Equity Fund may invest in companies of any market capitalization and from any country, it invests primarily in large U.S. companies. Aristotle Atlantic Partners, LLC (the “Advisor” or “Aristotle Atlantic”), the Fund’s investment advisor, the Core Equity Fund’s Advisor, applies its investment process to a universe of companies with market capitalizations in excess of $2 billion at initial investment.
In pursuing the Core Equity Fund’s investment objective, the Advisor employs a fundamental, bottom-up research driven approach to identify companies for investment by the Core Equity Fund. The Advisor seeks to identify companies that it believes are positioned to benefit from one or more of the following: (i) shifts in industry spending, government spending and consumer trends; (ii) gains in market share from innovative products and strong intellectual property; and (iii) cyclical trends in the industry in which they operate and capable management that can take advantage of those trends. At times, the Core Equity Fund’s assets may be invested in securities of relatively few industries or sectors.
ARSLX - Performance
Return Ranking - Trailing
Period | ARSLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -18.0% | 17.0% | 91.90% |
1 Yr | N/A | -22.9% | 52.5% | 90.89% |
3 Yr | N/A* | -30.9% | 21.8% | 38.24% |
5 Yr | N/A* | -16.7% | 28.0% | 66.98% |
10 Yr | N/A* | -5.9% | 18.1% | N/A |
* Annualized
Return Ranking - Calendar
Period | ARSLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -74.1% | 72.4% | 99.49% |
2022 | -22.8% | -85.9% | 4.7% | 8.84% |
2021 | 22.5% | -52.4% | 60.5% | 9.56% |
2020 | 24.6% | -34.3% | 145.0% | 56.46% |
2019 | 34.4% | -21.8% | 49.4% | 8.57% |
Total Return Ranking - Trailing
Period | ARSLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -18.0% | 17.0% | 91.90% |
1 Yr | N/A | -22.9% | 52.5% | 90.89% |
3 Yr | N/A* | -30.9% | 21.8% | 38.24% |
5 Yr | N/A* | -16.7% | 28.0% | 66.98% |
10 Yr | N/A* | -5.9% | 18.1% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | ARSLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -4.6% | 72.4% | 100.00% |
2022 | -22.1% | -61.7% | 5.6% | 16.36% |
2021 | 24.3% | -39.8% | 118.1% | 31.59% |
2020 | 25.7% | 2.8% | 149.2% | 82.22% |
2019 | 35.2% | -5.2% | 49.4% | 31.86% |
NAV & Total Return History
ARSLX - Holdings
Concentration Analysis
ARSLX | Category Low | Category High | ARSLX % Rank | |
---|---|---|---|---|
Net Assets | 368 M | 242 K | 269 B | 68.94% |
Number of Holdings | 52 | 1 | 3217 | 62.75% |
Net Assets in Top 10 | 68.6 M | 104 K | 111 B | 83.36% |
Weighting of Top 10 | 41.63% | 0.7% | 205.0% | 78.92% |
Top 10 Holdings
- Microsoft Corp. 8.31%
- Apple, Inc. 7.78%
- Alphabet, Inc. - Class A 5.16%
- Amazon.com, Inc. 3.85%
- NVIDIA Corp. 3.79%
- JPMorgan Chase Co. 2.69%
- Becton Dickinson Co. 2.65%
- Broadcom, Inc. 2.59%
- AMETEK, Inc. 2.45%
- Cigna Group 2.37%
Asset Allocation
Weighting | Return Low | Return High | ARSLX % Rank | |
---|---|---|---|---|
Stocks | 97.20% | 0.00% | 130.05% | 81.08% |
Cash | 1.55% | -1.50% | 173.52% | 40.79% |
Preferred Stocks | 0.00% | 0.00% | 7.84% | 64.53% |
Other | 0.00% | -43.49% | 50.04% | 66.72% |
Convertible Bonds | 0.00% | 0.00% | 1.94% | 59.31% |
Bonds | 0.00% | 0.00% | 104.15% | 61.23% |
Stock Sector Breakdown
Weighting | Return Low | Return High | ARSLX % Rank | |
---|---|---|---|---|
Technology | 26.87% | 0.00% | 65.70% | 76.99% |
Healthcare | 13.44% | 0.00% | 39.76% | 41.96% |
Consumer Cyclical | 12.81% | 0.00% | 62.57% | 67.43% |
Financial Services | 12.73% | 0.00% | 43.06% | 24.53% |
Industrials | 11.33% | 0.00% | 30.65% | 9.39% |
Communication Services | 9.40% | 0.00% | 66.40% | 62.61% |
Consumer Defense | 7.35% | 0.00% | 25.50% | 10.66% |
Utilities | 2.35% | 0.00% | 16.07% | 7.02% |
Real Estate | 1.97% | 0.00% | 16.05% | 29.44% |
Energy | 1.74% | 0.00% | 41.09% | 28.26% |
Basic Materials | 0.00% | 0.00% | 18.91% | 88.07% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | ARSLX % Rank | |
---|---|---|---|---|
US | 97.20% | 0.00% | 130.05% | 66.47% |
Non US | 0.00% | 0.00% | 78.10% | 71.71% |
ARSLX - Expenses
Operational Fees
ARSLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.79% | 0.01% | 19.54% | 65.79% |
Management Fee | 0.50% | 0.00% | 1.50% | 28.33% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 1.02% | 62.59% |
Sales Fees
ARSLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 8.50% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
ARSLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 1.00% | 1.00% | 2.00% | 76.60% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
ARSLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 8.00% | 0.00% | 316.74% | 5.92% |
ARSLX - Distributions
Dividend Yield Analysis
ARSLX | Category Low | Category High | ARSLX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 28.61% | 25.38% |
Dividend Distribution Analysis
ARSLX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Semi-Annually | Annually |
Net Income Ratio Analysis
ARSLX | Category Low | Category High | ARSLX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.33% | -6.13% | 3.48% | 11.23% |
Capital Gain Distribution Analysis
ARSLX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 28, 2023 | $0.064 | OrdinaryDividend |
Oct 13, 2023 | $0.095 | OrdinaryDividend |
Dec 14, 2022 | $0.142 | OrdinaryDividend |
Dec 13, 2019 | $0.085 | OrdinaryDividend |
Dec 14, 2018 | $0.067 | OrdinaryDividend |
Dec 14, 2017 | $0.044 | OrdinaryDividend |
ARSLX - Fund Manager Analysis
Managers
Owen Fitzpatrick
Start Date
Tenure
Tenure Rank
Mar 31, 2017
5.17
5.2%
Owen Fitzpatrick is the Lead Portfolio Manager and a Senior Research Analyst at Aristotle Atlantic. Prior to joining Aristotle Atlantic, Owen had multiple roles at Deutsche Asset Management, including Managing Director and Head of the U.S. Equity Platform. As Head of U.S. Equities Owen oversaw all active U.S. equity strategies, and as a Portfolio Manager, he managed the Large Cap Growth and Large Cap Core portfolios. Prior to Deutsche Asset Management, Owen managed equity portfolios for Chemical Bank, where he was also responsible for research coverage of the consumer cyclical sector. Additionally, he served as a Portfolio Manager at Manufacturers Hanover Trust. Owen earned his Bachelor of Science degree in Finance and his MBA from Fordham University. He is a CFA® charterholder.
Brendan O'Neill
Start Date
Tenure
Tenure Rank
Mar 31, 2017
5.17
5.2%
Brendan O’Neill is a Portfolio Manager and a Senior Research Analyst at Aristotle Atlantic. Prior to joining Aristotle Atlantic, Brendan worked as a Portfolio Manager and as a Research Analyst at Deutsche Asset Management. Brendan earned his Bachelor of Arts degree in Economics from Queens College, CUNY and his Master of Science degree in Finance from Zicklin School of Business, Baruch College. He is a CFA® charterholder.
Thomas Hynes
Start Date
Tenure
Tenure Rank
Mar 31, 2017
5.17
5.2%
Thomas Hynes, Jr. is a Portfolio Manager and a Senior Research Analyst at Aristotle Atlantic. Prior to joining Aristotle Atlantic, Thomas worked as a Portfolio Manager and Senior Analyst for Deutsche Asset Management. Thomas also has experience as a Director and Client Portfolio Manager at Citi and as a Director for Deutsche Bank Private Wealth Management. Thomas earned his Bachelor of Science degree in Finance and Economics from Fordham University. He is a CFA® charterholder.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 54.45 | 8.21 | 2.92 |