Muzinich Flexible U.S. High Yield Income Fund Institutional Shares (MZHIX)

Fund Assets	65.29M
Expense Ratio	0.61%
Min. Investment	$1,000,000
Turnover	66.00%
Dividend (ttm)	0.51
Dividend Yield	6.55%
Dividend Growth	-3.93%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	7.74
YTD Return	1.11%
1-Year Return	3.25%
5-Year Return	15.34%
52-Week Low	7.72
52-Week High	8.10
Beta (5Y)	0.38
Holdings	340
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.

• Fund Family: Muzinich
• Category: High Yield Bond
• Performance Rating: Below Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: MZHIX
• Share Class: Institutional Shares
• Index: Index is not available on Lipper Database

Performance

MZHIX had a total return of 3.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.26%.

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
Sep 30, 2026	$0.04479	Sep 30, 2026
Aug 31, 2026	$0.04073	Aug 31, 2026
Jul 31, 2026	$0.04379	Jul 31, 2026
Jun 30, 2026	$0.04388	Jun 30, 2026
May 29, 2026	$0.03998	May 29, 2026
Apr 30, 2026	$0.04225	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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