Brigade High Income Fund (BHIIX)
| Fund Assets | 1.04B |
| Expense Ratio | 0.53% |
| Min. Investment | $1,000,000 |
| Turnover | 29.00% |
| Dividend (ttm) | 0.81 |
| Dividend Yield | 8.30% |
| Dividend Growth | -30.73% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 9.77 |
| YTD Return | -0.09% |
| 1-Year Return | 5.97% |
| 5-Year Return | n/a |
| 52-Week Low | 9.72 |
| 52-Week High | 10.13 |
| Beta (5Y) | n/a |
| Holdings | 371 |
| Inception Date | n/a |
About BHIIX
Brigade High Income Fund Institutional Class is an actively managed mutual fund specializing in the high yield bond sector, primarily investing in corporate bonds that are rated below investment grade. The fund's central objective is to generate current income and pursue long-term capital growth by constructing a diversified portfolio of high yield corporate bonds, while also taking opportunistic positions in bank loans and other credit instruments. Managed by Brigade Capital Management’s experienced credit team, the fund employs a bottom-up, fundamental research approach that balances risk and reward through active portfolio rotation as credit market conditions evolve. Sector allocation is broad, reflecting the fund’s effort to capture diverse opportunities within the leveraged finance market. The fund is designed for institutional investors seeking exposure to high yield debt markets with an emphasis on capital preservation, robust risk management, and tactical adaptation throughout the credit cycle. Income distributions are made on a monthly basis, and the fund’s approach is distinguished by its diversification, sector expertise, and rigorous credit analysis.
Performance
BHIIX had a total return of 5.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.60%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| BHIMX | Founders Class | 0.53% |
Top 10 Holdings
16.61% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street U.S. Government Money Market Portfolio | GVMXX | 8.96% |
| LifeScan Global Corp. | n/a | 0.98% |
| Cco Hldgs Llc/cap Corp - CCO Holdings LLC / CCO Holdings Capital Corp. | CHTR.4.25 01.15.34 144A | 0.95% |
| Global Medical Response TL B S+350 10/2/28 | n/a | 0.94% |
| Akumin Inc - Akumin, Inc. | AKUCN.9 08.01.27 144A | 0.85% |
| Envision Healthcare Corporation - Envision Healthcare Corp. | ENVISION | 0.83% |
| Rain Carbon Inc - Rain Carbon, Inc. | RCOLIN.12.25 09.01.29 144A | 0.80% |
| Genesis Energy Lp/fin - Genesis Energy LP / Genesis Energy Finance Corp. | GEL.8 05.15.33 | 0.78% |
| Avaya Inc. | n/a | 0.78% |
| Icahn Enterprises/fin - Icahn Enterprises LP / Icahn Enterprises Finance Corp. | IEP.9 06.15.30 | 0.76% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.06377 | Apr 1, 2026 |
| Feb 27, 2026 | $0.06401 | Mar 2, 2026 |
| Jan 30, 2026 | $0.09802 | Feb 2, 2026 |
| Dec 30, 2025 | $0.0622 | Dec 31, 2025 |
| Nov 26, 2025 | $0.07008 | Nov 28, 2025 |
| Oct 30, 2025 | $0.06784 | Oct 31, 2025 |