Market Overview - U.S. equity markets reached new all-time highs in Q4 2025, with the S&P 500 Index rising 2.66% and the Bloomberg U.S. Aggregate Bond Index increasing by 1.10% [1] - The Russell 1000 Growth Index saw healthcare, communication services, and financials as the top-performing sectors, while utilities, real estate, and materials lagged [1] - Consumer confidence deteriorated toward year-end, raising concerns about future spending and the labor market [1] Fund Performance - The Aristotle Growth Equity Fund (Class I-2) returned 0.95%, underperforming the Russell 1000 Growth Index's return of 1.12% [1] - Poor security selection in the information technology and consumer discretionary sectors detracted from performance, while positive contributions from healthcare and industrials improved relative performance [1] Company Highlight: Howmet Aerospace Inc. - Howmet Aerospace Inc. (NYSE:HWM) is a leading global provider of advanced engineered products for the aerospace, power generation, and transportation industries [3] - The company specializes in jet engine components, aerospace fastening systems, airframe structural parts, and forged aluminum wheels, with operations in 19 countries and a workforce of 24,000 employees [3] - Howmet Aerospace Inc. has a market capitalization of $104.51 billion, with a one-month return of 24.27% and a 52-week gain of 94.60% [2][3]