| Aristotle Ultra Short Income Fund | |
| Schedule of Investments | |
| as of June 30, 2024 (Unaudited) | |
| | |
| CORPORATE BONDS - 54.6% | Par | | Value | |
| Communications - 0.7% | |
Sprint Spectrum Co. LLC / Sprint Spectrum Co. II LLC / Sprint Spectrum Co. III LLC, 4.74%, 03/20/2025 (a) | | $ | 349,125 | | | $ | 346,996 | |
| | | | | | | | | |
| Consumer Discretionary - 4.3% | |
British Airways 2019-1 Class A Pass Through Trust, Series PTT, 3.35%, 06/15/2029 (a) | | | 139,945 | | | | 130,896 | |
| DR Horton, Inc., 2.50%, 10/15/2024 | | | 200,000 | | | | 198,109 | |
| Ford Motor Credit Co. LLC | |
| 3.66%, 09/08/2024 | | | 200,000 | | | | 199,063 | |
| 4.69%, 06/09/2025 | | | 200,000 | | | | 197,753 | |
| Home Depot, Inc., 5.70% (SOFR + 0.33%), 12/24/2025 | | | 500,000 | | | | 500,773 | |
| Las Vegas Sands Corp. | |
| 2.90%, 06/25/2025 | | | 500,000 | | | | 485,562 | |
| 5.90%, 06/01/2027 | | | 150,000 | | | | 150,849 | |
Royal Caribbean Cruises Ltd., 7.25%, 01/15/2030 (a) | | | 125,000 | | | | 129,506 | |
| | | | | | | | 1,992,511 | |
| | | | | | | | | |
| Consumer Staples - 2.7% | |
| JBS USA Holding Lux Sarl/ JBS USA Food Co./ JBS Lux Co. Sarl, 2.50%, 01/15/2027 | | | 500,000 | | | | 465,539 | |
JDE Peet's NV, 0.80%, 09/24/2024 (a) | | | 500,000 | | | | 493,184 | |
Suntory Holdings Ltd., 2.25%, 10/16/2024 (a) | | | 300,000 | | | | 296,895 | |
| | | | | | | | 1,255,618 | |
| | | | | | | | | |
| Energy - 2.0% | |
| MPLX LP, 4.88%, 12/01/2024 | | | 300,000 | | | | 298,758 | |
| Sabine Pass Liquefaction LLC, 5.63%, 03/01/2025 | | | 120,000 | | | | 119,780 | |
| TransCanada PipeLines Ltd., 6.20%, 03/09/2026 | | | 500,000 | | | | 500,248 | |
| | | | | | | | 918,786 | |
| | | | | | | | | |
Financials - 32.3%(b) | |
| Air Lease Corp., 2.30%, 02/01/2025 | | | 200,000 | | | | 195,759 | |
Australia & New Zealand Banking Group Ltd., 5.93% (SOFR + 0.56%), 03/18/2026 (a) | | | 500,000 | | | | 501,153 | |
Avolon Holdings Funding Ltd., 2.88%, 02/15/2025 (a) | | | 200,000 | | | | 195,968 | |
| Bank of America Corp. | |
| 4.00%, 01/22/2025 | | | 500,000 | | | | 495,327 | |
| 3.38% to 04/02/2025 then SOFR + 1.33%, 04/02/2026 | | | 1,400,000 | | | | 1,375,173 | |
| Bank of Montreal, 6.33% (SOFR + 0.95%), 09/25/2025 | | | 500,000 | | | | 503,300 | |
| Citigroup, Inc. | |
| 2.01% to 01/25/2025 then SOFR + 0.69%, 01/25/2026 | | | 450,000 | | | | 440,399 | |
| 6.90% (SOFR + 1.53%), 03/17/2026 | | | 250,000 | | | | 252,018 | |
| 3.29% to 03/17/2025 then SOFR + 1.53%, 03/17/2026 | | | 250,000 | | | | 245,583 | |
| Cooperatieve Rabobank UA/NY, 5.73% (SOFR + 0.38%), 01/10/2025 | | | 250,000 | | | | 250,165 | |
DAE Funding LLC, 1.55%, 08/01/2024 (a) | | | 200,000 | | | | 199,189 | |
Danske Bank AS, 0.98% to 09/10/2024 then 1 yr. CMT Rate + 0.55%, 09/10/2025 (a) | | | 600,000 | | | | 594,074 | |
| GLP Capital LP / GLP Financing II, Inc., 3.35%, 09/01/2024 | | | 200,000 | | | | 199,403 | |
| Goldman Sachs Group, Inc. | |
| 3.50%, 04/01/2025 | | | 200,000 | | | | 196,983 | |
| 0.86% to 02/12/2025 then SOFR + 0.61%, 02/12/2026 | | | 1,100,000 | | | | 1,067,019 | |
| Host Hotels & Resorts LP, 4.00%, 06/15/2025 | | | 300,000 | | | | 295,072 | |
| HSBC Holdings PLC, 4.18% to 12/09/2024 then SOFR + 1.51%, 12/09/2025 | | | 200,000 | | | | 198,538 | |
| JPMorgan Chase & Co. | |
| 5.55% to 12/15/2024 then SOFR + 1.07%, 12/15/2025 | | | 800,000 | | | | 799,282 | |
| 6.29% (SOFR + 0.92%), 02/24/2026 | | | 850,000 | | | | 853,686 | |
| 4.08% to 04/26/2025 then SOFR + 1.32%, 04/26/2026 | | | 300,000 | | | | 296,074 | |
| Kite Realty Group Trust, 4.00%, 03/15/2025 | | | 250,000 | | | | 246,298 | |
LeasePlan Corp. NV, 2.88%, 10/24/2024 (a) | | | 200,000 | | | | 198,140 | |
| Mitsubishi UFJ Financial Group, Inc., 6.76% (SOFR + 1.39%), 09/12/2025 | | | 500,000 | | | | 501,129 | |
| Morgan Stanley | |
| 2.63% to 02/18/2025 then SOFR + 0.94%, 02/18/2026 | | | 850,000 | | | | 833,373 | |
| 4.68% to 07/17/2025 then SOFR + 1.67%, 07/17/2026 | | | 200,000 | | | | 198,083 | |
| Morgan Stanley Bank NA, 5.50% to 05/26/2027 then SOFR + 0.87%, 05/26/2028 | | | 250,000 | | | | 251,758 | |
National Securities Clearing Corp., 5.15%, 06/26/2026 (a) | | | 250,000 | | | | 250,147 | |
| Penske Truck Leasing Co. Lp / PTL Finance Corp. | |
2.70%, 11/01/2024(a) | | | 350,000 | | | | 346,102 | |
3.95%, 03/10/2025(a) | | | 100,000 | | | | 98,797 | |
| PNC Financial Services Group, Inc., 5.81% to 06/12/2025 then SOFR + 1.32%, 06/12/2026 | | | 200,000 | | | | 200,243 | |
| Public Storage Operating Co., 6.06% (SOFR + 0.70%), 04/16/2027 | | | 650,000 | | | | 652,268 | |
Reliance Standard Life Global Funding II, 2.50%, 10/30/2024 (a) | | | 315,000 | | | | 311,066 | |
Svenska Handelsbanken AB, 6.28% (SOFR + 0.91%), 06/10/2025 (a) | | | 250,000 | | | | 251,343 | |
| UBS Group AG | |
| 3.75%, 03/26/2025 | | | 250,000 | | | | 246,596 | |
4.49% to 08/05/2024 then 1 yr. CMT Rate + 1.60%, 08/05/2025 (a) | | | 200,000 | | | | 199,690 | |
| Ventas Realty LP, 2.65%, 01/15/2025 | | | 150,000 | | | | 147,420 | |
| VICI Properties LP, 4.38%, 05/15/2025 | | | 500,000 | | | | 493,776 | |
| Wells Fargo Bank NA, 6.16% (SOFR + 0.80%), 08/01/2025 | | | 500,000 | | | | 502,378 | |
| | | | | | | | 15,082,772 | |
| | | | | | | | | |
| Health Care - 0.6% | |
| Viatris, Inc., 1.65%, 06/22/2025 | | | 300,000 | | | | 288,398 | |
| | | | | | | | | |
| Industrials - 3.4% | |
| Allegion US Holding Co., Inc., 3.20%, 10/01/2024 | | | 500,000 | | | | 496,448 | |
Boeing Co., 6.26%, 05/01/2027 (a) | | | 150,000 | | | | 151,071 | |
| Lennox International, Inc., 1.35%, 08/01/2025 | | | 300,000 | | | | 286,505 | |
| Regal Rexnord Corp., 6.05%, 02/15/2026 | | | 400,000 | | | | 401,184 | |
Weir Group PLC, 2.20%, 05/13/2026 (a) | | | 300,000 | | | | 281,701 | |
| | | | | | | | 1,616,909 | |
| | | | | | | | | |
| Materials - 1.5% | |
| Amcor Flexibles North America, Inc., 4.00%, 05/17/2025 | | | 300,000 | | | | 295,731 | |
Anglo American Capital PLC, 3.63%, 09/11/2024 (a) | | | 400,000 | | | | 398,044 | |
| | | | | | | | 693,775 | |
| | | | | | | | | |
| Technology - 4.4% | |
Booz Allen Hamilton, Inc., 3.88%, 09/01/2028 (a) | | | 300,000 | | | | 282,742 | |
| Concentrix Corp., 6.65%, 08/02/2026 | | | 150,000 | | | | 151,599 | |
| Flex Ltd., 3.75%, 02/01/2026 | | | 300,000 | | | | 291,280 | |
Infor, Inc., 1.75%, 07/15/2025 (a) | | | 700,000 | | | | 671,342 | |
| Jabil, Inc., 1.70%, 04/15/2026 | | | 200,000 | | | | 186,927 | |
| Kyndryl Holdings, Inc., 2.05%, 10/15/2026 | | | 100,000 | | | | 92,248 | |
| TD SYNNEX Corp., 1.25%, 08/09/2024 | | | 400,000 | | | | 397,880 | |
| | | | | | | | 2,074,018 | |
| | | | | | | | | |
| Utilities - 2.7% | |
| American Electric Power Co., Inc., 1.00%, 11/01/2025 | | | 300,000 | | | | 282,009 | |
| DTE Energy Co. | |
2.53%, 10/01/2024(c) | | | 200,000 | | | | 198,186 | |
4.22%, 11/01/2024(c) | | | 150,000 | | | | 149,146 | |
| NextEra Energy Capital Holdings, Inc., 6.05%, 03/01/2025 | | | 450,000 | | | | 450,971 | |
| Tri-State Generation and Transmission Association, Inc., 3.70%, 11/01/2024 | | | 200,000 | | | | 198,187 | |
| | | | | | | | 1,278,499 | |
TOTAL CORPORATE BONDS (Cost $25,489,882) | | | | 25,548,282 | |
| | | | | | | | | |
| COLLATERALIZED LOAN OBLIGATIONS - 21.2% | Par | | Value | |
ARES CLO, Series 2015-4A, Class A1RR, 6.41% (3 mo. Term SOFR + 1.08%), 10/15/2030 (a) | | | 400,000 | | | | 400,080 | |
| Blackstone, Inc. | |
Series 2018-1A, Class A1, 6.62% (3 mo. Term SOFR + 1.29%), 04/15/2031(a) | | | 166,922 | | | | 167,018 | |
Series 2018-1A, Class A2, 6.60% (3 mo. Term SOFR + 1.27%), 04/15/2031(a) | | | 166,922 | | | | 167,139 | |
Buttermilk Park CLO, Series 2018-1A, Class A1R, 6.41% (3 mo. Term SOFR + 1.08%), 10/15/2031 (a) | | | 400,000 | | | | 400,280 | |
| CIFC Funding Ltd. | |
Series 2015-3A, Class AR, 6.46% (3 mo. Term SOFR + 1.13%), 04/19/2029(a) | | | 150,128 | | | | 150,218 | |
Series 2018-1A, Class A, 6.59% (3 mo. Term SOFR + 1.26%), 04/18/2031(a) | | | 285,166 | | | | 285,365 | |
Series 2018-3A, Class A, 6.69% (3 mo. Term SOFR + 1.36%), 07/18/2031(a) | | | 230,989 | | | | 231,254 | |
Dryden Senior Loan Fund, Series 2015-40A, Class AR2, 6.47% (3 mo. Term SOFR + 1.15%), 08/15/2031 (a) | | | 1,283,888 | | | | 1,285,042 | |
| Magnetite CLO Ltd. | |
Series 2015-12A, Class AR4, 6.48% (3 mo. Term SOFR + 1.15%), 10/15/2031(a) | | | 2,711,990 | | | | 2,713,889 | |
Series 2020-25A, Class A, 6.79% (3 mo. Term SOFR + 1.46%), 01/25/2032(a) | | | 391,016 | | | | 391,602 | |
Magnetite Xxix Ltd., Series 2021-29A, Class A, 6.58% (3 mo. Term SOFR + 1.25%), 01/15/2034 (a) | | | 2,269,745 | | | | 2,272,468 | |
| Neuberger Berman CLO Ltd. | |
Series 2017-26A, Class AR, 6.51% (3 mo. Term SOFR + 1.18%), 10/18/2030(a) | | | 390,980 | | | | 391,722 | |
Series 2020-37A, Class AR, 6.56% (3 mo. Term SOFR + 1.23%), 07/20/2031(a) | | | 288,699 | | | | 289,196 | |
OCP CLO Ltd., Series 2017-13A, Class A1AR, 6.55% (3 mo. Term SOFR + 1.22%), 07/15/2030 (a) | | | 220,228 | | | | 220,509 | |
| Palmer Square Loan Funding Ltd. | |
Series 2021-2A, Class A1, 6.39% (3 mo. Term SOFR + 1.06%), 05/20/2029(a) | | | 65,630 | | | | 65,650 | |
Series 2021-3A, Class A1, 6.39% (3 mo. Term SOFR + 1.06%), 07/20/2029(a) | | | 84,668 | | | | 84,685 | |
Series 2021-4A, Class A1, 6.39% (3 mo. Term SOFR + 1.06%), 10/15/2029(a) | | | 115,594 | | | | 115,640 | |
Series 2022-1A, Class A1, 6.38% (3 mo. Term SOFR + 1.05%), 04/15/2030(a) | | | 285,890 | | | | 286,176 | |
TOTAL COLLATERALIZED LOAN OBLIGATIONS (Cost $9,876,540) | | | | 9,917,933 | |
| | | | | | | | | |
| ASSET-BACKED SECURITIES - 12.4% | Par | | Value | |
| Ally Auto Receivables Trust, Series 2022-2, Class A3, 4.76%, 05/17/2027 | | | 138,016 | | | | 137,100 | |
| American Airlines Group, Inc. | |
| Series 2013-1, 3.95%, 11/15/2025 | | | 209,012 | | | | 203,368 | |
| Series 2015-2, 3.60%, 09/22/2027 | | | 652,061 | | | | 618,649 | |
| Series 2016-2, 3.20%, 06/15/2028 | | | 619,400 | | | | 569,092 | |
| AmeriCredit Automobile Receivables Trust | |
| Series 2023-1, Class A2A, 5.84%, 10/19/2026 | | | 58,865 | | | | 58,884 | |
| Series 2024-1, Class A2A, 5.75%, 02/18/2028 | | | 250,000 | | | | 249,911 | |
| Bank of America Auto Trust | |
Series 2023-2A, Class A2, 5.85%, 08/17/2026(a) | | | 470,499 | | | | 470,830 | |
Series 2024-1A, Class A2, 5.57%, 12/15/2026(a) | | | 250,000 | | | | 249,972 | |
| Ford Credit Auto Owner Trust, Series 2024-A, Class A2A, 5.32%, 01/15/2027 | | | 250,000 | | | | 249,609 | |
Hilton Grand Vacations, Inc., Series 2020-AA, Class A, 2.74%, 02/25/2039 (a) | | | 26,442 | | | | 25,280 | |
| Navient Student Loan Trust | |
Series 2019-FA, Class A2, 2.60%, 08/15/2068(a) | | | 202,918 | | | | 189,895 | |
Series 2020-2A, Class A1A, 1.32%, 08/26/2069(a) | | | 76,106 | | | | 67,276 | |
Series 2020-EA, Class A, 1.69%, 05/15/2069(a) | | | 68,115 | | | | 61,102 | |
Series 2020-FA, Class A, 1.22%, 07/15/2069(a) | | | 104,120 | | | | 94,415 | |
Series 2020-HA, Class A, 1.31%, 01/15/2069(a) | | | 58,560 | | | | 53,985 | |
Series 2021-1A, Class A1B, 6.05% (30 day avg SOFR US + 0.71%), 12/26/2069(a) | | | 84,625 | | | | 83,620 | |
Series 2021-A, Class A, 0.84%, 05/15/2069(a) | | | 67,126 | | | | 59,344 | |
Series 2021-CA, Class A, 1.06%, 10/15/2069(a) | | | 122,630 | | | | 107,438 | |
| Santander Consumer USA Holdings, Inc. | |
| Series 2023-3, Class A2, 6.08%, 08/17/2026 | | | 43,932 | | | | 43,938 | |
| Series 2024-2, Class A2, 5.80%, 09/15/2027 | | | 400,000 | | | | 399,866 | |
| Series 2024-3, Class A2, 5.91%, 06/15/2027 | | | 500,000 | | | | 500,216 | |
SBNA Auto Receivables Trust 2024-A, Series 2024-A, Class A2, 5.70%, 03/15/2027 (a) | | | 500,000 | | | | 499,668 | |
| SMB Private Education Loan Trust | |
Series 2016-A, Class A2A, 2.70%, 05/15/2031(a) | | | 13,236 | | | | 13,166 | |
Series 2016-B, Class A2A, 2.43%, 02/17/2032(a) | | | 10,644 | | | | 10,510 | |
Series 2016-C, Class A2A, 2.34%, 09/15/2034(a) | | | 32,336 | | | | 31,940 | |
SoFi Professional Loan Program LLC, Series 2018-B, Class A2FX, 3.34%, 08/25/2047 (a) | | | 110,942 | | | | 108,538 | |
| United Airlines, Inc., Series A, 4.00%, 10/29/2024 | | | 477,862 | | | | 475,504 | |
| Verizon Master Trust, Series 2024-1, Class A1A, 5.00%, 12/20/2028 | | | 150,000 | | | | 149,345 | |
TOTAL ASSET-BACKED SECURITIES (Cost $5,837,115) | | | | 5,782,461 | |
| | | | | | | | | |
| BANK LOANS - 6.5% | Par | | Value | |
| Communications - 1.1% | |
| SBA Senior Finance II LLC, Senior Secured First Lien, 7.35% (1 mo. Term SOFR + 2.00%), 01/27/2031 | | | 495,806 | | | | 496,931 | |
| | | | | | | | | |
| Consumer Discretionary - 2.8% | |
| Hilton Domestic Operating Co., Inc., Senior Secured First Lien, 7.10% (1 mo. Term SOFR + 1.75%), 11/08/2030 | | | 250,000 | | | | 250,538 | |
| Hilton Grand Vacations Borrower LLC, Senior Secured First Lien, 7.84% (1 mo. Term SOFR + 2.50%), 08/02/2028 | | | 494,911 | | | | 495,485 | |
| Mileage Plus Holdings LLC, Senior Secured First Lien, 10.74% (3 mo. Term SOFR + 5.25%), 06/21/2027 | | | 333,333 | | | | 340,530 | |
| SeaWorld Parks & Entertainment, Inc., Senior Secured First Lien, 7.84% (1 mo. Term SOFR + 2.50%), 08/25/2028 | | | 243,153 | | | | 243,508 | |
| | | | | | | | 1,330,061 | |
| | | | | | | | | |
| Financials - 1.4% | |
| Avolon TLB Borrower 1 US LLC, Senior Secured First Lien, 7.34% (1 mo. Term SOFR + 2.00%), 06/22/2028 | | | 137,950 | | | | 138,295 | |
| Delos Aircraft DAC, Senior Secured First Lien, 7.08% (1 mo. Term SOFR + 1.75%), 10/29/2027 | | | 500,000 | | | | 503,360 | |
| | | | | | | | 641,655 | |
| | | | | | | | | |
| Health Care - 0.5% | |
| Elanco Animal Health, Inc., Senior Secured First Lien, 7.18% (1 mo. Term SOFR + 1.75%), 08/02/2027 | | | 249,304 | | | | 248,701 | |
| | | | | | | | | |
| Industrials - 0.2% | |
| GFL Environmental, Inc., Senior Secured First Lien, 7.83% (1 mo. Term SOFR + 2.50%), 05/28/2027 | | | 69,746 | | | | 69,969 | |
| | | | | | | | | |
| Materials - 0.5% | |
| Asplundh Tree Expert LLC, Senior Secured First Lien, 7.19% (1 mo. Term SOFR + 1.75%), 09/07/2027 | | | 241,250 | | | | 241,702 | |
TOTAL BANK LOANS (Cost $3,015,005) | | | | 3,029,019 | |
| | | | | | | | | |
| U.S. TREASURY SECURITIES - 2.8% | Par | | Value | |
| United States Treasury Note/Bond | |
| 0.38%, 08/15/2024 | | | 500,000 | | | | 496,907 | |
| 5.00%, 10/31/2025 | | | 300,000 | | | | 300,065 | |
| 4.25%, 01/31/2026 | | | 500,000 | | | | 495,254 | |
TOTAL U.S. TREASURY SECURITIES (Cost $1,296,475) | | | | 1,292,226 | |
| | | | | | | | | |
| SHORT-TERM INVESTMENTS - 0.4% | | | | | | | | |
| U.S. Treasury Bills - 0.4% | Par | | | | | |
5.31%, 08/01/2024(d) | | | 200,000 | | | | 199,098 | |
TOTAL SHORT-TERM INVESTMENTS (Cost $199,098) | | | | 199,098 | |
| | | | | | | | | |
TOTAL INVESTMENTS - 97.9% (Cost $45,714,115) | | | $ | 45,769,019 | |
| Other Assets in Excess of Liabilities - 2.1% | | | | 981,393 | |
| TOTAL NET ASSETS - 100.0% | | | | | | $ | 46,750,412 | |
| | | | | | | | | |
| Percentages are stated as a percent of net assets. | | | | | |
