Muzinich Dynamic Income Fund Institutional Shares (MZCIX)
| Fund Assets | 160.74M |
| Expense Ratio | 0.67% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.56 |
| Dividend Yield | 5.70% |
| Dividend Growth | 18.06% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 9.84 |
| YTD Return | 3.98% |
| 1-Year Return | 5.72% |
| 5-Year Return | 9.67% |
| 52-Week Low | 9.46 |
| 52-Week High | 10.14 |
| Beta (5Y) | 0.19 |
| Holdings | 329 |
| Inception Date | Oct 17, 2014 |
About MZCIX
The investment seeks primarily to provide a high level of income and capital appreciation. The fund seeks to achieve its objective by allocating the fund's assets among various credit sectors of the global fixed income markets which the Advisor finds attractive from time-to-time. It will normally invest at least 80% of its net assets in corporate bonds and syndicated loans that the Advisor believes have attractive risk/reward characteristics and which are issued by U.S. and foreign corporations. The fund may invest up to 70% of its net assets in foreign securities, including up to 40% in issuers located in emerging market countries.
Performance
MZCIX had a total return of 5.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.30%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MZCSX | Supra Institutional Shares | 0.60% |
Top 10 Holdings
56.33% of assets| Name | Symbol | Weight |
|---|---|---|
| EUR/USD FWD 20250917 Purchased | n/a | 32.55% |
| 10 Year Treasury Note Future Sept 25 | n/a | 9.06% |
| GBP/USD FWD 20250917 Purchased | n/a | 6.76% |
| First American Treasury Obligations Fund | FXFXX | 2.17% |
| BRITISH POUNDS | n/a | 1.37% |
| Blackrock European CLO XV DAC 3.87% | BECLO.15X A | 1.23% |
| USD/EUR FWD 20250917 Purchased | n/a | 1.00% |
| Galaxy Pipeline Assets Bidco Ltd. 2.63% | ADGLXY.2.625 03.31.36 REGS | 0.73% |
| SK Hynix Inc. 6.5% | HYUELE.6.5 01.17.33 REGS | 0.73% |
| Aqueduct European CLO 10 DAC 4.03% | AQUE.2024-10X A | 0.72% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.06162 | Jun 30, 2025 |
| Mar 31, 2025 | $0.16918 | Mar 31, 2025 |
| Dec 31, 2024 | $0.24379 | Dec 31, 2024 |
| Sep 30, 2024 | $0.08589 | Sep 30, 2024 |
| Jun 28, 2024 | $0.10014 | Jun 28, 2024 |
| Mar 28, 2024 | $0.07392 | Mar 28, 2024 |