# EDGAR Filing Document

**Accession Number:** 0001959372
**File Stem:** 0001145549-25-055649
**Filing Date:** 2025-8
**Character Count:** 39453
**Document Hash:** f52cd4cfca869738325b876843835037
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-055649.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0001145549-25-055649

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250828

**DATE AS OF CHANGE**: 20250828

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Aristotle Funds Series Trust
- **CENTRAL INDEX KEY:** 0001959372

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23850
- **FILM NUMBER:** 251270076

**BUSINESS ADDRESS:**
- **STREET 1:** 11100 SANTA MONICA BLVD.
- **STREET 2:** SUITE 1700
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90025
- **BUSINESS PHONE:** (949) 219-3391

**MAIL ADDRESS:**
- **STREET 1:** 11100 SANTA MONICA BLVD.
- **STREET 2:** SUITE 1700
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90025

## Series and Classes Contracts Data

### Aristotle Value Equity Fund (Series ID: S000080066)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000241696 | Class I      | ARIQX           |
| C000244215 | Class I-2    | AIQQX           |
| C000244216 | Class A      | ARAQX           |
| C000248130 | Class R6     | ARRQX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Aristotle Value Equity Fund** | **Aristotle Value Equity Fund** | **Aristotle Value Equity Fund** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** |
| **COMMON STOCKS - 97.6%** | **Shares** | **Value**  |
| **Communication Services - 4.5%** | **Communication Services - 4.5%** | |
| Alphabet, Inc. - Class C | 74000 | $13126860 |
| Verizon Communications, Inc. | 276600 | 11968482 |
|  |  | 25095342 |
| **Consumer Discretionary - 7.3%** | **Consumer Discretionary - 7.3%** |  |
| Lennar Corp. - Class A | 122900 | 13593969 |
| Lennar Corp. - Class B | 78 | 8210 |
| Lowe's Cos., Inc. | 47400 | 10516638 |
| Sony Group Corp. - ADR | 618900 | 16109967 |
|  |  | 40228784 |
| **Consumer Staples - 5.2%** | **Consumer Staples - 5.2%** |  |
| Coca-Cola Co. | 173400 | 12268050 |
| Constellation Brands, Inc. - Class A | 35700 | 5807676 |
| Procter & Gamble Co. | 67300 | 10722236 |
|  |  | 28797962 |
| **Energy - 3.8%** | **Energy - 3.8%** |  |
| Coterra Energy, Inc. | 415300 | 10540314 |
| TotalEnergies SE - ADR | 173300 | 10638887 |
|  |  | 21179201 |
| **Financials - 21.1%** | **Financials - 21.1%** |  |
| American International Group, Inc. | 154600 | 13232214 |
| Ameriprise Financial, Inc. | 32100 | 17132733 |
| Blackstone, Inc. | 77200 | 11547576 |
| Capital One Financial Corp. | 95700 | 20361132 |
| Commerce Bancshares, Inc./MO | 103000 | 6403510 |
| Cullen/Frost Bankers, Inc. | 71500 | 9190610 |
| Mitsubishi UFJ Financial Group, Inc. - ADR | 839900 | 11523428 |
| PNC Financial Services Group, Inc. | 60900 | 11352978 |
| US Bancorp | 271100 | 12267275 |
| Wells Fargo & Co. | 43975 | 3523277 |
|  |  | 116534733 |
| **Health Care - 9.1%** | **Health Care - 9.1%** |  |
| Alcon AG | 125400 | 11070312 |
| Amgen, Inc. | 44000 | 12285240 |
| Danaher Corp. | 51900 | 10252326 |
| Medtronic PLC | 95800 | 8350886 |
| Merck & Co., Inc. | 108200 | 8565112 |
|  |  | 50523876 |
| **Industrials - 10.8%** | **Industrials - 10.8%** |  |
| General Dynamics Corp. | 38700 | 11287242 |
| Oshkosh Corp. | 69600 | 7902384 |
| Parker-Hannifin Corp. | 38400 | 26821248 |
| Uber Technologies, Inc. <sup>(a)</sup> | 147900 | 13799070 |
|  |  | 59809944 |
| **Information Technology - 15.9%** | **Information Technology - 15.9%** |  |
| Adobe, Inc. <sup>(a)</sup> | 31200 | 12070656 |
| ANSYS, Inc. <sup>(a)</sup> | 2124 | 745991 |
| Microchip Technology, Inc. | 170600 | 12005122 |
| Microsoft Corp. | 47400 | 23577234 |
| QUALCOMM, Inc. | 87100 | 13871546 |
| Synopsys, Inc. <sup>(a)</sup> | 25287 | 12964139 |
| Teledyne Technologies, Inc. <sup>(a)</sup> | 24200 | 12397902 |
|  |  | 87632590 |
| **Materials - 13.1%** | **Materials - 13.1%** |  |
| Air Products and Chemicals, Inc. | 39900 | 11254194 |
| Corteva, Inc. | 272700 | 20324331 |
| Ecolab, Inc. | 52600 | 14172544 |
| Martin Marietta Materials, Inc. | 27900 | 15315984 |
| RPM International, Inc. | 105400 | 11577136 |
|  |  | 72644189 |
| **Utilities - 6.8%** | **Utilities - 6.8%** |  |
| American Water Works Co., Inc. | 83900 | 11671329 |
| Atmos Energy Corp. | 95100 | 14655861 |
| Xcel Energy, Inc. | 161800 | 11018580 |
|  |  | 37345770 |
| **TOTAL COMMON STOCKS** (Cost $370,550,453) | **TOTAL COMMON STOCKS** (Cost $370,550,453) | 539792391 |
| **REAL ESTATE INVESTMENT TRUSTS - COMMON - 1.4%** | **Shares** | **Value**  |
| **Real Estate - 1.4%** | **Real Estate - 1.4%** |  |
| Equity LifeStyle Properties, Inc. | 125700 | 7751919 |
| **TOTAL REAL ESTATE INVESTMENT TRUSTS - COMMON** (Cost $7,731,257) | **TOTAL REAL ESTATE INVESTMENT TRUSTS - COMMON** (Cost $7,731,257) | 7751919 |
| **TOTAL INVESTMENTS - 99.0% (**Cost $378,281,710**)** | **TOTAL INVESTMENTS - 99.0% (**Cost $378,281,710**)** | 547544310 |
| Money Market Deposit Account - 0.9% <sup>(b)</sup> | Money Market Deposit Account - 0.9% <sup>(b)</sup> | 4744756 |
| Other Assets in Excess of Liabilities - 0.1% | Other Assets in Excess of Liabilities - 0.1% | 997446 |
| **TOTAL NET ASSETS - 100.0%** |  | $553286512 |
| two | two | –% |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | –% |
| The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. | The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. | The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. |

---

ADR - American Depositary Receipt <br> PLC - Public Limited Company

(a) Non-income producing security.

(b) The U.S. Bank Money Market Deposit Account (the "MMDA") is a short-term vehicle in which the Fund holds cash balances. The MMDA
 will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of June 30, 2025 was 4.20%.

## Nport-Ex

#### Aristotle Funds Series Trust

#### NOTES TO SCHEDULE OF INVESTMENTS

#### As of June 30, 2025 (Unaudited)

Fair Value Measurements and Disclosure

The Trust characterizes its investments as Level 1, Level 2, or Level 3 based upon the various inputs or methodologies used to value the investments. Utilizing the valuation procedures, the Valuation Oversight Committee ("VOC") determines the level in which each investment is characterized. The VOC includes finance, operations, legal, risk and compliance members of the Trust's Adviser, and the Trust's Chief Legal Officer and Chief Compliance Officer. The three-tier hierarchy of inputs is summarized in the three broad levels listed below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that a Fund has the ability to access.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing a Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available.

The VOC reviews the valuation procedure periodically (at least annually) to determine the appropriateness of the pricing methodologies used to value each Fund's investments. The VOC also periodically evaluates how the Trust's investments are characterized within the three-tier hierarchy and the appropriateness of third-party pricing sources. The VOC also periodically (at least annually) conducts back-testing of the value of various Level 2 and Level 3 investments to evaluate the effectiveness of the pricing methodologies including the unobservable inputs used to value those investments. Such back-testing includes comparing Level 2 and Level 3 investment values to subsequently available exchange traded prices, transaction prices, and/or observable vendor prices.

The inputs or methodologies used for characterizing each Fund's investments within the three-tier hierarchy are not necessarily an indication of the relative risks associated with investing in those investments. Foreign equity investments that are modified to reflect the estimates of a change in value from the time of the closing valuation in the foreign market until the time of the NYSE close, in accordance with information provided by a foreign fair value service are reflected as Level 2. Changes in valuation techniques may result in transfers into or out of an assigned level within the hierarchy.

The following is a summary of the inputs used, as of June 30, 2025, in valuing the Funds' assets carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Aristotle Core Bond Fund** | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** | | | | |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | $– | $53714102 | $– | $53714102 |
|  &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Securities | – | 39935202 | – | 39935202 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Mortgage-Backed Securities | – | 20917999 | – | 20917999 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Collateralized Mortgage Obligations | – | 13998490 | – | 13998490 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Asset-Backed Securities | – | 8342024 | – | 8342024 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Collateralized Loan Obligations | – | 2633794 | – | 2633794 |
| Total Investments | $– | $139541611 | $– | $139541611 |
| **Aristotle Core Equity Fund** | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** |  |  |  |  |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | 544829714 | $– | $– | $544829714 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Real Estate Investment Trusts - Common | 5551737 | – | – | 5551737 |
| Total Investments | 550381451 | $– | $– | $550381451 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Aristotle Core Income Fund** | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** | | | | |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | $– | $1269211685 | $– | $1269211685 |
|  &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Securities | – | 726043596 | – | 726043596 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Mortgage-Backed Securities | – | 299188414 | – | 299188414 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Bank Loans | – | 271484530 | – | 271484530 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Collateralized Mortgage Obligations | – | 193913209 | – | 193913209 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Asset-Backed Securities | – | 156688273 | – | 156688273 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Collateralized Loan Obligations | – | 84507225 | – | 84507225 |
|  &nbsp;&nbsp;&nbsp;&nbsp;U.S. Government Agency Issues | – | 9313996 | – | 9313996 |
| Total Investments | $– | $3010350928 | $– | $3010350928 |
| **Aristotle Floating Rate Income Fund** | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** |  |  |  |  |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Bank Loans | $– | $3497852471 | $– | $3497852471 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Exchange Traded Funds | 167425415 | – | – | 167425415 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | – | 165384876 | – | 165384876 |
| Total Investments | $167425415 | $3663237347 | $– | $3830662762 |
| **Aristotle Growth Equity Fund** | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** |  |  |  |  |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $212142753 | – | – | $212142753 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Real Estate Investment Trusts - Common | 1265276 | – | – | 1265276 |
| Total Investments | $213408029 | – | – | $213408029 |
| **Aristotle High Yield Bond Fund** | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** |  |  |  |  |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | $– | $80394839 | $– | $80394839 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Bank Loans | – | 7045686 | – | 7045686 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Collateralized Loan Obligations | – | 4040159 | – | 4040159 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | 178316 | – | – | 178316 |
| Total Investments | $178316 | $91480684 | $– | $91659000 |
| **Aristotle International Equity Fund** | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** |  |  |  |  |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $561708646 | $– | $– | $561708646 |
| Total Investments | $561708646 | $– | $– | $561708646 |
| **Aristotle Pacific EXclusive Fund Series H** | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** |  |  |  |  |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Bank Loans | $– | $2774216 | $– | $2774216 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | – | 457854 | – | 457854 |
| Total Investments | $– | $3232070 | $– | $3232070 |
| **Aristotle Pacific EXclusive Fund Series I** | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** |  |  |  |  |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Asset-Backed Securities | $– | $824373 | $– | $824373 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Collateralized Mortgage Obligations | – | 737766 | – | 737766 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Collateralized Loan Obligations | – | 500375 | – | 500375 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | – | 414611 | – | 414611 |
| Total Investments | $– | $2477125 | $– | $2477125 |
| **Aristotle Portfolio Optimization Aggressive Growth Fund** | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** |  |  |  |  |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Affiliated Open-End Funds | $145615629 | $– | $– | 145615629 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Exchange Traded Funds | 127904625 | – | – | 127904625 |
| Total Investments | $273520254 | $– | $– | 273520254 |
| **Aristotle Portfolio Optimization Conservative Fund** | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** |  |  |  |  |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Affiliated Open-End Funds | $99178843 | $– | $– | $99178843 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Exchange Traded Funds | 25818383 | – | – | 25818383 |
| Total Investments | $124997226 | $– | $– | $124997226 |
| **Aristotle Portfolio Optimization Growth Fund** | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** |  |  |  |  |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Affiliated Open-End Funds | $364060973 | $– | $– | $364060973 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Exchange Traded Funds | 271237893 | – | – | 271237893 |
| Total Investments | $635298866 | $– | $– | $635298866 |
| **Aristotle Portfolio Optimization Moderate Conservative Fund** | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** |  |  |  |  |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Affiliated Open-End Funds | $147202226 | $– | $– | $147202226 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Exchange Traded Funds | 43898018 | – | – | 43898018 |
| Total Investments | $191100244 | $– | $– | $191100244 |
| **Aristotle Portfolio Optimization Moderate Fund** | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** |  |  |  |  |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Affiliated Open-End Funds | $480698395 | $– | $– | $480698395 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Exchange Traded Funds | 198224935 | – | – | 198224935 |
| Total Investments | $678923330 | $– | $– | $678923330 |
| **Aristotle Short Duration Income Fund** | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** |  |  |  |  |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | $– | $529441375 | $– | $529441375 |
|  &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Securities | – | 143994219 | – | 143994219 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Asset-Backed Securities | – | 125347165 | – | 125347165 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Collateralized Loan Obligations | – | 94915269 | – | 94915269 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Bank Loans | – | 69184419 | – | 69184419 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Collateralized Mortgage Obligations | – | 18507992 | – | 18507992 |
| Total Investments | $– | $981390439 | $– | $981390439 |
| **Aristotle Small Cap Equity Fund** | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** |  |  |  |  |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $129382988 | $– | $– | $129382988 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Real Estate Investment Trusts - Common | 8259445 | – | – | 8259445 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Exchange Traded Funds | 1423768 | – | – | 1423768 |
| Total Investments | $139066201 | $– | $– | $139066201 |
| **Aristotle Small/Mid Cap Equity Fund** | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** |  |  |  |  |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $27574369 | $– | $– | $27574369 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Real Estate Investment Trusts - Common | 1497941 | – | – | 1497941 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Closed-End Funds | 261500 | – | – | 261500 |
| Total Investments | $29333810 | $– | $– | $29333810 |
| **Aristotle Strategic Income Fund** | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** |  |  |  |  |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | $– | $2760621789 | $– | $2760621789 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Bank Loans | – | 632347698 | – | 632347698 |
|  &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Securities | – | 170596162 | – | 170596162 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Collateralized Loan Obligations | – | 151360994 | – | 151360994 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Collateralized Mortgage Obligations | – | 61980236 | – | 61980236 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Mortgage-Backed Securities | – | 19625241 | – | 19625241 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Asset-Backed Securities | – | 1352386 | – | 1352386 |
| Total Investments | $– | $3797884506 | $– | $3797884506 |
| **Aristotle Ultra Short Income Fund** | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** |  |  |  |  |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | $– | $17744980 | $– | $17744980 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Collateralized Loan Obligations | – | 4499989 | – | 4499989 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Asset-Backed Securities | – | 4258410 | – | 4258410 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Bank Loans | – | 757060 | – | 757060 |
|  &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Bills | – | 1499651 | – | 1499651 |
| Total Investments | $– | $28760090 | $– | $28760090 |
| **Aristotle Value Equity Fund** | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** |  |  |  |  |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $539792391 | – | – | $539792391 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Real Estate Investment Trusts - Common | 7751919 | – | – | 7751919 |
| Total Investments | $547544310 | – | – | $547544310 |
| **Aristotle/Saul Global Equity Fund** | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** |  |  |  |  |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $29720192 | $– | $– | $29720192 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Preferred Stocks | 572169 | – | – | 572169 |
| Total Investments | $30292361 | $– | $– | $30292361 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Aristotle Fund Series Trust

- **b. Investment Company Act file number:** 811-23850

- **c. CIK number of Registrant:** 0001959372

- **d. LEI of Registrant:** 549300FDPZVU0VTJQB52

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 11000 Santa Monica Blvd

  - **City:** Los Angeles

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90025

  - **Telephone number:** 3104784005

**Item A.2. Information about the Series.**

- **a. Name of Series:** Aristotle Value Equity Fund

- **b. EDGAR series identifier (if any):** S000080066

- **c. LEI of Series:** 5493000NWPU1WC85GX17

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $555941175.89

**Total Liabilities:** $2635425.62

**Net Assets:** $553305750.27

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000241696 | -2.20%               | 4.09%                | 3.05%                |
| Class ID C000244215 | -2.31%               | 4.15%                | 3.10%                |
| Class ID C000244216 | -2.25%               | 4.11%                | 3.08%                |
| Class ID C000248130 | -2.31%               | 4.15%                | 3.10%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $5621412.83              | $-19749668.95                              |
| Month 2  | $2660647.93              | $18732945.18                               |
| Month 3  | $5007617.84              | $10789402.14                               |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                           | Title                                | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Air Products and Chemicals Inc | Air Products and Chemicals Inc       | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |     39900 | NS      | $11254194.00  | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial Inc       | Ameriprise Financial Inc             | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |     32100 | NS      | $17132733.00  | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corp          | General Dynamics Corp                | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |     38700 | NS      | $11287242.00  | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Oshkosh Corp                   | Oshkosh Corp                         | CUSIP: 688239201<br>LEI: 549300FEKNPCFSA2B506 | Long             | EC               | CORP              | US        |     69600 | NS      | $7902384.00   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The        | Procter & Gamble Co/The              | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     67300 | NS      | $10722236.00  | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi UFJ Financial Group | Mitsubishi UFJ Financial Group Inc   | CUSIP: 606822104<br>LEI: 353800V2V8PUY9TK3E06 | Long             | EC               | CORP              | JP        |    839900 | NS      | $11523428.00  | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co               | Wells Fargo & Co                     | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     43975 | NS      | $3523277.00   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| ANSYS Inc                      | ANSYS Inc                            | CUSIP: 03662Q105<br>LEI: 549300VJV8H15Z5FJ571 | Long             | EC               | CORP              | US        |      4336 | NS      | $1522889.92   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy Inc             | Coterra Energy Inc                   | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |    415300 | NS      | $10540314.00  | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Brands Inc       | Constellation Brands Inc             | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |     35700 | NS      | $5807676.00   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                    | Corteva Inc                          | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |    272700 | NS      | $20324331.00  | 3.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp                    | Lennar Corp                          | CUSIP: 526057302<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |        78 | NS      | $8209.50      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Microchip Technology Inc       | Microchip Technology Inc             | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |    170600 | NS      | $12005122.00  | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp     | Capital One Financial Corp           | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |     95700 | NS      | $20361132.00  | 3.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Cullen/Frost Bankers Inc       | Cullen/Frost Bankers Inc             | CUSIP: 229899109<br>LEI: 529900V2E9G9AY665O34 | Long             | EC               | CORP              | US        |     71500 | NS      | $9190610.00   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group I | American International Group Inc     | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |    154600 | NS      | $13232214.00  | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| American Water Works Co Inc    | American Water Works Co Inc          | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |     83900 | NS      | $11671329.00  | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                   | Danaher Corp                         | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |     51900 | NS      | $10252326.00  | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc                     | Ecolab Inc                           | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |     52600 | NS      | $14172544.00  | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity LifeStyle Properties In | Equity LifeStyle Properties Inc      | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |    125700 | NS      | $7751919.00   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos Inc                 | Lowe's Cos Inc                       | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |     47400 | NS      | $10516638.00  | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp           | Parker-Hannifin Corp                 | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |     38400 | NS      | $26821248.00  | 4.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Sony Group Corp                | Sony Group Corp                      | CUSIP: 835699307<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |    618900 | NS      | $16109967.00  | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys Inc                   | Synopsys Inc                         | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |     24211 | NS      | $12412495.48  | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmos Energy Corp              | Atmos Energy Corp                    | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |     95100 | NS      | $14655861.00  | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The               | Coca-Cola Co/The                     | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    173400 | NS      | $12268050.00  | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp                    | Lennar Corp                          | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |    122900 | NS      | $13593969.00  | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                  | Medtronic PLC                        | CUSIP: N/A<br>LEI: 549300GX3ZBSQWUXY261       | Long             | EC               | CORP              | IE        |     95800 | NS      | $8350886.00   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                      | Adobe Inc                            | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |     31200 | NS      | $12070656.00  | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                      | Amgen Inc                            | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     44000 | NS      | $12285240.00  | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Commerce Bancshares Inc/MO     | Commerce Bancshares Inc/MO           | CUSIP: 200525103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    103000 | NS      | $6403510.00   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Alcon AG                       | Alcon AG                             | CUSIP: N/A<br>LEI: 549300LDT5AP8S0NBM78       | Long             | EC               | CORP              | CH        |    125400 | NS      | $11070312.00  | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                   | QUALCOMM Inc                         | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     87100 | NS      | $13871546.00  | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| US BANK MMDA - USBGFS 9        | US BANK MMDA - USBGFS 9              | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |   7015633 | NS      | $7015632.57   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Xcel Energy Inc                | Xcel Energy Inc                      | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |    161800 | NS      | $11018580.00  | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| TotalEnergies SE               | TotalEnergies SE                     | CUSIP: 89151E109<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |    173300 | NS      | $10638887.00  | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| US Bancorp                     | US Bancorp                           | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    271100 | NS      | $12267275.00  | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc     | Verizon Communications Inc           | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    276600 | NS      | $11968482.00  | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                   | Alphabet Inc                         | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     74000 | NS      | $13126860.00  | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Teledyne Technologies Inc      | Teledyne Technologies Inc            | CUSIP: 879360105<br>LEI: 549300VSMO9KYQWDND94 | Long             | EC               | CORP              | US        |     24200 | NS      | $12397902.00  | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Martin Marietta Materials Inc  | Martin Marietta Materials Inc        | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |     27900 | NS      | $15315984.00  | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                 | Microsoft Corp                       | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     47400 | NS      | $23577234.00  | 4.26%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group I | PNC Financial Services Group Inc/The | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |     60900 | NS      | $11352978.00  | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| RPM International Inc          | RPM International Inc                | CUSIP: 749685103<br>LEI: 549300TJCKW4BRXPJ474 | Long             | EC               | CORP              | US        |    105400 | NS      | $11577136.00  | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                 | Merck & Co Inc                       | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |    108200 | NS      | $8565112.00   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc          | Uber Technologies Inc                | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |    147900 | NS      | $13799070.00  | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Inc                 | Blackstone Inc                       | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |     77200 | NS      | $11547576.00  | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-27

**Name of Applicant:** Aristotle Fund Series Trust

**Signature:** /s/ Josh Schwab

**Name of Signer:** Aristotle Fund Series Trust

**Title:** Treasurer