Muzinich Dynamic Income Fund Supra Institutional Shares (MZCSX)
| Fund Assets | 171.23M |
| Expense Ratio | 0.60% |
| Min. Investment | $5,000,000 |
| Turnover | 127.00% |
| Dividend (ttm) | 0.63 |
| Dividend Yield | 6.67% |
| Dividend Growth | 135.43% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 9.50 |
| YTD Return | -2.76% |
| 1-Year Return | 2.22% |
| 5-Year Return | 8.07% |
| 52-Week Low | 9.47 |
| 52-Week High | 10.06 |
| Beta (5Y) | n/a |
| Holdings | 395 |
| Inception Date | Jan 3, 2013 |
About MZCSX
Muzinich Dynamic Income Fund is an actively managed mutual fund focused on global credit markets. Its primary objective is to deliver income with the potential for capital appreciation through a flexible, go-anywhere approach across corporate bonds, syndicated loans, and other income-producing instruments from U.S. and international issuers. The strategy dynamically allocates among sectors and credit qualities over a full cycle, employing bottom‑up fundamental research combined with macro assessments to target attractive risk‑adjusted returns. The portfolio can incorporate duration management, sector rotation, and selective hedging overlays to help mitigate interest‑rate and credit spread risks. In periods of market stress, the fund has the latitude to take a defensive stance, including higher cash balances or allocations to more conservative fixed income such as U.S. government securities. Its multisector mandate and active currency and liquidity management provide tools to navigate varying market conditions and capture diversified sources of credit income. The fund is positioned as a core-plus credit solution for institutions and sophisticated investors seeking a research‑driven, risk‑aware approach to global fixed income.
Performance
MZCSX had a total return of 2.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.21%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MZCIX | Institutional Shares | 0.67% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.2207 | Mar 31, 2026 |
| Dec 31, 2025 | $0.29053 | Dec 31, 2025 |
| Sep 30, 2025 | $0.06251 | Sep 30, 2025 |
| Jun 30, 2025 | $0.06033 | Jun 30, 2025 |
| Mar 31, 2025 | $0.16918 | Mar 31, 2025 |
| Jun 28, 2024 | $0.10014 | Jun 28, 2024 |