Mesirow High Yield Fund Institutional Shares (MFHIX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
8.20
+0.01 (0.12%)
May 30, 2025, 2:21 PM EDT
| Fund Assets | 66.73M |
| Expense Ratio | 0.75% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.76 |
| Dividend Yield | 9.25% |
| Dividend Growth | -10.73% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 29, 2025 |
| Previous Close | 8.19 |
| YTD Return | 0.15% |
| 1-Year Return | 5.13% |
| 5-Year Return | 57.09% |
| 52-Week Low | 8.02 |
| 52-Week High | 8.65 |
| Beta (5Y) | 0.24 |
| Holdings | 136 |
| Inception Date | Dec 3, 2018 |
About MFHIX
The Mesirow High Yield Fund Institutional Shares (MFHIX) seeks to provide a high level of current income consistent with the preservation of principal. MFHIX invests at least 80% of its net assets in high yield instruments and other financial instruments with economic characteristics similar to such instruments, such as derivatives and exchange-traded funds.
Category High Yield Bond
Performance Rating High
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol MFHIX
Share Class Institutional Shares
Index Russell 2000 TR
Performance
MFHIX had a total return of 5.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.87%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MFHVX | Investor Shares | 1.00% |
Top 10 Holdings
16.68% of assets| Name | Symbol | Weight |
|---|---|---|
| BROWN BROTHERS HARRIMAN SWEEP INTEREST | n/a | 3.67% |
| TENNECO INC. - TENNECO INC 144A 8.000000% 11/17/2028 | n/a | 1.55% |
| VIRTUSA CORPORATION - VIRTUSA CORP 144A 7.125000% 12/15/2028 | n/a | 1.48% |
| ITT HOLDINGS LLC 144A 6.500000% 08/01/2029 | n/a | 1.46% |
| MIDCAP FINANCIAL ISSUER TRUST 144A 6.500000% 05/01/2028 | MIDCAP.6.5 05.01.28 | 1.45% |
| CONSENSUS CLOUD SOLUTIONS, INC. - CONSENSUS CLOUD SOLUTIONS INC 144A 6.500000% 10/15/2028 | CCSI.6.5 10.15.28 144A | 1.45% |
| TKC HOLDINGS, INC. - TKC HOLDINGS INC 144A 6.875000% 05/15/2028 | TKCHOL.6.875 05.15.28 144A | 1.42% |
| RAIN CARBON INC. - RAIN CARBON INC 144A 12.250000% 09/01/2029 | RCOLIN.12.25 09.01.29 144A | 1.41% |
| ALLIED UNIVERSAL HOLDCO LLC 144A 7.875000% 02/15/2031 | n/a | 1.40% |
| RAND PARENT, LLC - RAND PARENT LLC 144A 8.500000% 02/15/2030 | AAWW.8.5 02.15.30 144A | 1.39% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 29, 2025 | $0.0661 | May 30, 2025 |
| Apr 29, 2025 | $0.0685 | Apr 30, 2025 |
| Mar 28, 2025 | $0.0602 | Mar 31, 2025 |
| Feb 27, 2025 | $0.0586 | Feb 28, 2025 |
| Jan 30, 2025 | $0.0594 | Jan 31, 2025 |
| Dec 30, 2024 | $0.0695 | Dec 31, 2024 |