Aristotle Strategic Credit Fund gives details, to launch Dec. 31

By Toni Weeks

San Luis Obispo, Calif., Dec. 22 – Investment Managers Series Trust provided more details about its new Aristotle Strategic Credit Fund in an N-1A filing with the Securities and Exchange Commission. The fund’s inception date is expected to be Dec. 31.

The fund seeks income and capital appreciation by investing at least 80% of its net assets in debt securities. Investments 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 may invest in debt securities of any maturity and credit quality.

Douglas Lopez, Michael Hatley and Terence Reidt are the portfolio managers.

The fund will trade under the ticker symbol “ARSSX.”

There is no sales load. A 1% redemption fee applies if shares are redeemed within 30 days of purchase. Including management fees of 0.65%, and taking into account the effects of a fee waiver and expense reimbursement with the investment adviser, total annual fund operating expenses are expected to be 0.8%.

Los Angeles-based Aristotle Credit Partners, LLC serves as the fund’s investment adviser.

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