New CLO Fund Rolls Out Tiered Shares with Penalty Fees
Published Date: 12/31/2025
Notice
Summary
Aristotle Pacific Enhanced CLO Income Fund and Aristotle Pacific Capital, LLC want permission to offer different types of shares with special fees and early withdrawal charges. This change affects investors who might see new fee options and share classes starting soon. If anyone wants a hearing about this, they must ask by January 23, 2026, or the SEC will likely approve it.
Analyzed Economic Effects
3 provisions identified: 0 benefits, 3 costs, 0 mixed.
Fund may offer multiple share classes
The Aristotle Pacific Enhanced CLO Income Fund has asked the SEC for permission to issue multiple classes of shares. If the SEC grants the request, investors could see new share classes offered by the Fund after the application filed on November 14, 2025.
Approval could allow asset-based fees
The applicants asked the SEC for an order to allow the Fund to impose asset-based distribution and/or service fees. If approved, some share classes could carry ongoing fees calculated as a percentage of assets under management.
Early withdrawal charges may apply
The Fund requested permission to impose early withdrawal charges on certain share classes. If the SEC approves this request, investors who redeem or withdraw early from those share classes could face a charge.
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