Muzinich Flexible U.S. High Yield Income Fund Institutional Shares (MZHIX)
| Fund Assets | 68.73M |
| Expense Ratio | 0.59% |
| Min. Investment | $1,000,000 |
| Turnover | 66.00% |
| Dividend (ttm) | 0.51 |
| Dividend Yield | 6.40% |
| Dividend Growth | -4.26% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 7.96 |
| YTD Return | 2.03% |
| 1-Year Return | 5.91% |
| 5-Year Return | 16.49% |
| 52-Week Low | 7.87 |
| 52-Week High | 8.10 |
| Beta (5Y) | 0.38 |
| Holdings | 344 |
| Inception Date | Mar 27, 2017 |
About MZHIX
Muzinich Flexible U.S. High Yield Income Fund Institutional Shares is a mutual fund that seeks to generate income through investments in high yield debt securities. It normally invests at least 80% of its net assets in below investment grade bonds issued by U.S. corporations, focusing on those rated BB+ to B- by Standard & Poor’s or Ba1 to B3 by Moody’s, or equivalents as determined by the advisor. The portfolio is typically well-diversified across issuers with attractive risk/reward profiles in the high yield credit market. The fund may allocate up to 20% of its net assets to foreign securities, including up to 10% in emerging markets, and up to 20% in floating rate loans, providing flexibility in navigating varying market conditions. Designed for institutional investors, it plays a role in fixed income strategies emphasizing income generation from non-investment grade U.S. corporate debt while maintaining diversification and selective exposure to loans and international opportunities.
Performance
MZHIX had a total return of 5.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.49%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MZHSX | Supra Institutional Shares | 0.59% |
| MZHRX | Class A Shares | 0.93% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.04388 | Jun 30, 2026 |
| May 29, 2026 | $0.03998 | May 29, 2026 |
| Apr 30, 2026 | $0.04225 | Apr 30, 2026 |
| Mar 31, 2026 | $0.04633 | Mar 31, 2026 |
| Feb 27, 2026 | $0.0377 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03992 | Jan 30, 2026 |