Aristotle Strategic Credit Fund (ARSSX)
Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in debt securities. The types of debt securities in which the fund may invest include, but are not limited to, corporate bonds, notes and debentures of U.S. and non-U.S. issuers, and bank loans of U.S. and non-U.S. corporate issuers. The fund's investments in foreign securities include securities in both developed and emerging markets.
Share Price Chart
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Performance
The chart shows the growth of $10,000 invested in Aristotle Strategic Credit Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $13,043 for a total return of roughly 30.43%. All prices are adjusted for splits and dividends.
Compare to other instruments
Return
Aristotle Strategic Credit Fund had a return of 1.50% year-to-date (YTD) and -0.90% in the last 12 months. Over the past 10 years, Aristotle Strategic Credit Fund had an annualized return of 3.29%, while the S&P 500 had an annualized return of 8.22%, indicating that Aristotle Strategic Credit Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | -0.35% | -3.48% |
| Year-To-Date | 1.50% | 2.54% |
| 6 months | 2.96% | 2.10% |
| 1 year | -0.90% | -11.75% |
| 5 years (annualized) | 2.98% | 8.30% |
| 10 years (annualized) | 3.29% | 8.22% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 2.82% | -0.87% | ||||||||||
| 2022 | -2.62% | 2.21% | 1.43% | -0.15% |
Dividend History
Aristotle Strategic Credit Fund granted a 4.50% dividend yield in the last twelve months. The annual payout for that period amounted to $0.43 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.43 | $0.36 | $0.32 | $0.32 | $0.40 | $0.42 | $0.41 | $0.44 | $0.40 |
Dividend yield | 4.50% | 3.80% | 3.26% | 3.33% | 4.47% | 5.18% | 4.94% | 5.52% | 5.70% |
Monthly Dividends
The table displays the monthly dividend distributions for Aristotle Strategic Credit Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.04 | $0.04 | ||||||||||
| 2022 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 |
| 2021 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
| 2020 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
| 2019 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.05 | $0.03 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 |
| 2017 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 |
| 2016 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 |
| 2015 | $0.02 | $0.01 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the Aristotle Strategic Credit Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the Aristotle Strategic Credit Fund is 15.63%, recorded on Mar 23, 2020. It took 64 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.63% | Feb 25, 2020 | 20 | Mar 23, 2020 | 64 | Jun 23, 2020 | 84 |
| -9.53% | Sep 23, 2021 | 257 | Sep 29, 2022 | — | — | — |
| -7.68% | Apr 28, 2015 | 201 | Feb 11, 2016 | 75 | May 31, 2016 | 276 |
| -3.45% | Oct 3, 2018 | 58 | Dec 26, 2018 | 26 | Feb 4, 2019 | 84 |
| -1.37% | Mar 2, 2015 | 12 | Mar 17, 2015 | 14 | Apr 7, 2015 | 26 |
| -1.36% | Oct 27, 2016 | 17 | Nov 18, 2016 | 22 | Dec 21, 2016 | 39 |
| -1.18% | Feb 16, 2021 | 23 | Mar 18, 2021 | 19 | Apr 15, 2021 | 42 |
| -0.97% | Sep 4, 2020 | 15 | Sep 25, 2020 | 13 | Oct 14, 2020 | 28 |
| -0.9% | Feb 1, 2018 | 7 | Feb 9, 2018 | 44 | Apr 16, 2018 | 51 |
| -0.72% | Oct 20, 2020 | 9 | Oct 30, 2020 | 4 | Nov 5, 2020 | 13 |
Volatility Chart
Current Aristotle Strategic Credit Fund volatility is 5.29%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.