MetLife Opportunistic High Yield Fund - Institutional Share Class (MFHIX)

Fund Assets	130.23M
Expense Ratio	0.726%
Min. Investment	$1,000,000
Turnover	66.00%
Dividend (ttm)	0.75
Dividend Yield	9.32%
Dividend Growth	-3.48%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 29, 2026

Previous Close	8.00
YTD Return	5.53%
1-Year Return	5.95%
5-Year Return	32.23%
52-Week Low	7.87
52-Week High	8.33
Beta (5Y)	0.23
Holdings	130
Inception Date	Dec 3, 2018

About MFHIX

Mesirow High Yield Fund Institutional Shares is a mutual fund designed to deliver a high level of current income while prioritizing preservation of principal. The fund primarily invests at least 80% of its net assets in high-yield fixed income securities, including corporate bonds from smaller issuers and other instruments with similar economic characteristics, such as derivatives and exchange-traded funds. This approach emphasizes rigorous credit selection, targeting issuers that offer strong governance and attractive risk-adjusted returns, with a preference for sectors such as Basic Industry and Energy, which have historically provided relative value opportunities. The fund maintains an above-average risk rating and features a relatively short average duration compared to common benchmarks, aiming to manage interest rate exposure efficiently. With over 100 holdings and institutional share class requirements—including a $1,000,000 minimum investment and a competitive expense ratio—the fund caters to organizations seeking consistent income and active high-yield bond management within the U.S. credit market. Mesirow High Yield Fund Institutional Shares plays a vital role for investors seeking diversified high-yield exposure and professional management focused on undervalued segments of the bond market.

• Fund Family: MetLife Investment Management
• Category: High Yield Bond
• Performance Rating: Above Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: MFHIX
• Share Class: Institutional Shares
• Index: Russell 2000 TR

Performance

MFHIX had a total return of 5.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.98%.

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%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 29, 2026	$0.056	Sep 30, 2026
Aug 28, 2026	$0.0675	Aug 31, 2026
Jul 30, 2026	$0.0601	Jul 31, 2026
Jun 29, 2026	$0.0584	Jun 29, 2026
May 28, 2026	$0.0593	May 29, 2026
Apr 29, 2026	$0.0595	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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