Brigade High Income Institutional (BHIIX)

Fund Assets	1.13B
Expense Ratio	0.553%
Min. Investment	$1,000,000
Turnover	29.00%
Dividend (ttm)	0.81
Dividend Yield	8.38%
Dividend Growth	-16.06%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	9.61
YTD Return	3.04%
1-Year Return	4.39%
5-Year Return	n/a
52-Week Low	9.61
52-Week High	10.08
Beta (5Y)	n/a
Holdings	389
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.

• Fund Family: Brigade Capital Management LP
• Category: High Yield Bond
• Performance Rating: High
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: BHIIX
• Share Class: Institutional Class

Performance

BHIIX had a total return of 4.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.31%.

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%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02384	Oct 1, 2026
Aug 28, 2026	$0.06289	Aug 31, 2026
Jul 30, 2026	$0.07822	Jul 31, 2026
Jun 30, 2026	$0.06129	Jul 1, 2026
May 29, 2026	$0.08705	Jun 1, 2026
Apr 29, 2026	$0.06719	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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