Aristotle Pacific EXclusive Fund Series H
Schedule of Investments
June 30, 2026 (Unaudited)

BANK LOANS - 59.1%
Par  

Value  
Communications - 0.8%
StubHub Holdco Sub LLC, Senior Secured First Lien, 8.37% (1 mo. Term SOFR + 4.75%), 03/15/2030

    $        45,021

    $        45,372






Consumer Discretionary - 12.8%
Caesars Entertainment, Inc., Senior Secured First Lien, 5.87% (1 mo. Term SOFR + 2.25%), 02/06/2030

             98,174

             95,245
Chariot Buyer LLC, Senior Secured First Lien, 6.62% (1 mo. Term SOFR + 2.75%), 09/08/2032

             122,927

             123,142
Grant Thornton Advisors LLC, Senior Secured First Lien, 6.37% (1 mo. Term SOFR + 2.75%), 05/30/2031

             99,248

             94,689
Mavis Tire Express Services Topco Corp., Senior Secured First Lien, 6.67% (3 mo. Term SOFR + 3.00%), 05/04/2028

             74,622

             74,599
Six Flags Entertainment Corp., Senior Secured First Lien, 5.62% (1 mo. Term SOFR + 2.00%), 05/01/2031

             147,986

             146,819
Wand NewCo 3, Inc., Senior Secured First Lien, 6.12% (1 mo. Term SOFR + 2.50%), 01/30/2031

             145,079

             145,079


             679,573






Energy - 3.7%
Colossus Acquireco LLC, Senior Secured First Lien, 5.39% (1 mo. Term SOFR + 1.75%), 01/10/2033

             199,000

             197,964






Financials - 19.2% (a)
AmWINS Group, Inc., Senior Secured First Lien, 5.62% (1 mo. Term SOFR + 2.00%), 01/30/2032

             99,244

             97,314
Avolon TLB Borrower 1 US LLC, Senior Secured First Lien, 5.35% (1 mo. Term SOFR + 1.75%), 06/24/2030

             147,746

             147,947
Broadstreet Partners Group LLC, Senior Secured First Lien, 6.12% (1 mo. Term SOFR + 3.00%), 06/16/2031

             74,607

             72,211
CoreLogic, Inc., Senior Secured First Lien, 7.23% (1 mo. Term SOFR + 3.50%), 06/02/2028

             197,409

             195,435
CRC Insurance Group LLC, Senior Secured First Lien, 6.45% (3 mo. Term SOFR + 2.75%), 05/06/2031

             50,000

             48,938
Focus Financial Partners LLC, Senior Secured First Lien, 6.12% (1 mo. Term SOFR + 2.50%), 09/15/2031

             49,749

             48,652
IMA Financial Group, Inc., Senior Secured First Lien, 6.62% (1 mo. Term SOFR + 3.75%), 11/01/2028

             123,376

             123,187
Trucordia Insurance Holdings LLC, Senior Secured First Lien, 6.90% (1 mo. Term SOFR + 3.25%), 06/17/2032

             99,499

             89,051
USI, Inc., Senior Secured First Lien, 5.92% (3 mo. Term SOFR + 2.25%), 11/23/2029

             197,985

             197,564


             1,020,299






Industrials - 14.4%
APi Group DE, Inc., Senior Secured First Lien, 5.37% (1 mo. Term SOFR + 1.75%), 05/16/2033

             49,875

             49,838
BCPE Empire Holdings, Inc., Senior Secured First Lien
6.87% (1 mo. Term SOFR + 3.25%), 12/26/2030

             40,903

             40,418
7.12% (1 mo. Term SOFR + 3.50%), 12/29/2032

             8,867

             8,774
Chart Industries, Inc., Senior Secured First Lien, 6.18% (3 mo. Term SOFR + 2.50%), 03/18/2030

             93,360

             93,477
Indicor LLC, Senior Secured First Lien, 6.20% (3 mo. Term SOFR + 2.50%), 11/23/2029

             198,000

             198,130
TK Elevator US Newco, Inc., Senior Secured First Lien, 6.38% (1 mo. Term SOFR + 3.00%), 04/30/2030

             197,512

             198,603
TransDigm, Inc., Senior Secured First Lien, 6.12% (3 mo. Term SOFR + 2.50%), 02/28/2031

             177,583

             177,815


             767,055






Materials - 2.8%
Quikrete Holdings, Inc., Senior Secured First Lien, 5.87% (1 mo. Term SOFR + 2.25%), 04/14/2031

             147,996

             148,051






Technology - 5.4%
Applied Systems, Inc., Senior Secured First Lien, 5.95% (3 mo. Term SOFR + 2.50%), 02/24/2031

             99,248

             97,697
Proofpoint, Inc., Senior Secured First Lien, 6.67% (1 mo. Term SOFR + 3.00%), 08/31/2028

             99,491

             96,237
RealPage, Inc., Senior Secured First Lien, 6.96% (3 mo. Term SOFR + 3.00%), 04/24/2028

             49,609

             46,493
UKG, Inc., Senior Secured First Lien, 5.91% (1 mo. Term SOFR + 3.00%), 02/10/2031

             49,001

             46,261


             286,688
TOTAL BANK LOANS (Cost $3,173,576)

             3,145,002






CORPORATE BONDS - 35.4%
Par  

Value  
Communications - 0.5%


APLD ComputeCo LLC, 9.25%, 12/15/2030 (b)

             25,000

             26,984






Consumer Discretionary - 8.4%
1011778 BC ULC / New Red Finance, Inc., 3.50%, 02/15/2029 (b)

             125,000

             120,193
Allied Universal Holdco LLC, 7.88%, 02/15/2031 (b)

             75,000

             78,444
Carnival Corp. Ltd., 6.13%, 02/15/2033 (b)

             50,000

             50,630
Hilton Domestic Operating Co., Inc., 5.50%, 09/15/2031 (b)

             100,000

             100,311
Hilton Grand Vacations Borrower LLC / Hilton Grand Vacations Borrower, Inc., 5.00%, 06/01/2029 (b)

             50,000

             48,865
Royal Caribbean Cruises Ltd., 6.25%, 03/15/2032 (b)

             50,000

             51,116


             449,559






Consumer Staples - 1.4%
Albertsons Cos., Inc. / Safeway, Inc. / New Albertsons LP / Albertsons LLC, 6.25%, 03/15/2033 (b)

             50,000

             49,588
Viking Baked Goods Acquisition Corp., 8.63%, 11/01/2031 (b)

             25,000

             25,333


             74,921






Energy - 3.8%
Energy Transfer LP, 6.50% to 02/15/2031 then 5 yr. CMT Rate + 2.68%, 02/15/2056

             100,000

             100,889
Venture Global LNG, Inc.
9.88%, 02/01/2032 (b)

             50,000

             53,398
6.38%, 12/15/2034 (b)

             50,000

             49,167


             203,454






Financials - 15.1% (a)
Acrisure LLC / Acrisure Finance, Inc., 6.75%, 07/01/2032 (b)

             100,000

             89,970
Alliant Holdings Intermediate LLC / Alliant Holdings Co.-Issuer, 6.50%, 10/01/2031 (b)

             100,000

             99,851
Banco Mercantil del Norte SA/Grand Cayman, 7.63% to 01/10/2028 then 10 yr. CMT Rate + 5.35%, Perpetual (b)

             200,000

             200,906
Block, Inc., 5.63%, 08/15/2030 (b)

             25,000

             25,075
Burford Capital Global Finance LLC, 7.50%, 07/15/2033 (b)

             200,000

             169,768
Global Payments, Inc., 5.20%, 11/15/2032

             25,000

             24,439
Goldman Sachs Group, Inc., 6.85% to 02/10/2030 then 5 yr. CMT Rate + 2.46%, Perpetual

             50,000

             51,433
Jane Street Group / JSG Finance, Inc., 6.75%, 05/01/2033 (b)

             50,000

             51,445
Kilroy Realty LP, 2.65%, 11/15/2033

             50,000

             40,694
Piedmont Operating Partnership LP, 5.63%, 01/15/2033

             25,000

             24,900
Sumisho Air Lease Corp., 4.13% to 12/15/2026 then 5 yr. CMT Rate + 3.15%, Perpetual

             25,000

             24,494


             802,975






Health Care - 0.4%
Universal Health Services, Inc., 5.05%, 10/15/2034

             25,000

             23,958






Industrials - 3.4%
Goat Holdco LLC, 6.75%, 02/01/2032 (b)

             75,000

             76,924
Wrangler Holdco Corp., 6.63%, 04/01/2032 (b)

             100,000

             102,582


             179,506






Materials - 1.0%
Sword Purchaser LLC, 8.25%, 04/15/2033 (b)

             50,000

             51,767






Technology - 0.5%
Fair Isaac Corp., 6.00%, 05/15/2033 (b)

             25,000

             24,630






Utilities - 0.9%
Dominion Energy, Inc., 6.15% to 12/15/2031 then 5 yr. CMT Rate + 1.87%, 12/15/2056

             50,000

             50,165
TOTAL CORPORATE BONDS (Cost $1,936,107)

             1,887,919






TOTAL INVESTMENTS - 94.5% (Cost $5,109,683)

             5,032,921


Money Market Deposit Account - 4.6% (c)

             245,581
Other Assets in Excess of Liabilities - 0.9%
0.00900
            47,926
TOTAL NET ASSETS - 100.0%




    $        5,326,428


Par amount is in USD unless otherwise indicated.

Percentages are stated as a percent of net assets.




CMT - Constant Maturity Treasury
SOFR - Secured Overnight Financing Rate



(a)

To the extent that the Fund invests more heavily in a particular industry or sector of the economy, its performance will be especially sensitive to developments that significantly affect that industry or sector.
(b)

Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified institutional investors. As of June 30, 2026, the value of these securities total $1,546,947 or 29.0% of the Fund’s net assets.
(c)

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, 2026 was 3.45%.















































Summary of Fair Value Disclosure as of June 30, 2026 (Unaudited)
 
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:

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

•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.

•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, 2026, in valuing the Funds’ assets carried at fair value:




Level 1

Level 2

Level 3

Total
Investments:







  Bank Loans
    $        –

    $        3,145,002

    $        –

    $        3,145,002
  Corporate Bonds
            –

            1,887,919

            –

            1,887,919
Total Investments
    $        –

    $        5,032,921

    $        –

    $        5,032,921




 

Refer to the Schedule of Investments for further disaggregation of investment categories.