Muzinich Dynamic Income Fund Inst (MZCIX)
9.57
+0.01
(+0.10%)
USD |
Apr 30 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.69% | 152.97M | -- | 127.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -15.01M | 5.45% |
Basic Info
| Investment Strategy | |
| The Fund seeks high yield income and capital appreciation. The Fund invests least 80% of its net assets in below investment grade corporate bonds,including floating rate loans, that the Advisor believes have attractive risk/reward characteristics and which are issued by US and foreign corporations. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD |
| Peer Group | Multi-Sector Income Funds |
| Global Macro | Bond HC |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Multi-Sector Income Funds |
| Fund Owner Firm Name | Muzinich & Co |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
69
-158.51M
Peer Group Low
1.079B
Peer Group High
1 Year
% Rank:
69
-15.01M
-1.542B
Peer Group Low
30.81B
Peer Group High
3 Months
% Rank:
75
-386.65M
Peer Group Low
9.030B
Peer Group High
3 Years
% Rank:
76
-4.565B
Peer Group Low
73.89B
Peer Group High
6 Months
% Rank:
73
-786.27M
Peer Group Low
19.03B
Peer Group High
5 Years
% Rank:
74
-7.515B
Peer Group Low
64.13B
Peer Group High
YTD
% Rank:
75
-509.21M
Peer Group Low
9.030B
Peer Group High
10 Years
% Rank:
79
-14.37B
Peer Group Low
119.84B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of May 01, 2026.
Asset Allocation
As of March 31, 2026.
| Type | % Net |
|---|---|
| Cash | 1.53% |
| Stock | 0.00% |
| Bond | 98.88% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -0.42% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| First American Treasury Obligations Fund X | 2.90% | 1.00 | 0.00% |
| United States of America USGB 4.125 02/15/2036 FIX USD Government | 2.32% | 97.81 | 0.09% |
| SK Hynix Inc. SKHYN 6.5 01/17/2033 FIX USD Corporate RegS | 0.76% | 110.03 | 0.19% |
|
Galaxy Pipeline Assets BidCo Ltd 2.625% 31-MAR-2036
|
0.76% | -- | -- |
|
AQUEDUCT EUROPEAN CLO 10 A SEQ FLT 3.306% 18-JAN-2039
|
0.74% | -- | -- |
|
BLACKROCK EUROPEAN CLO DESIGNATED ACTIVITY COMPANY 15 A SEQ FLT 3.355% 28-JAN-2038
|
0.73% | -- | -- |
|
Gold Fields Orogen Holdings (BVI) Ltd 6.125% 15-MAY-2029
|
0.64% | -- | -- |
|
Lloyds Banking Group PLC 15-DEC-2031
|
0.61% | -- | -- |
|
International Distribution Services Ltd 7.375% 14-SEP-2030
|
0.58% | -- | -- |
|
Cathaylife Singapore Pte Ltd 5.95% 05-JUL-2034
|
0.56% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.08% |
| Actual Management Fee | 0.38% |
| Administration Fee | 46.63K% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | 1.00% |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 500000.0 None |
| Minimum Subsequent Investment | 100.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks high yield income and capital appreciation. The Fund invests least 80% of its net assets in below investment grade corporate bonds,including floating rate loans, that the Advisor believes have attractive risk/reward characteristics and which are issued by US and foreign corporations. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD |
| Peer Group | Multi-Sector Income Funds |
| Global Macro | Bond HC |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Multi-Sector Income Funds |
| Fund Owner Firm Name | Muzinich & Co |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (4-29-26) | 6.49% |
| 30-Day SEC Yield (1-31-16) | 0.00% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 377 |
| Bond | |
| Yield to Maturity (3-31-26) | 5.39% |
| Effective Duration | -- |
| Average Coupon | 5.39% |
| Calculated Average Quality | 4.272 |
| Effective Maturity | 6.732 |
| Nominal Maturity | 9.108 |
| Number of Bond Holdings | 325 |
As of March 31, 2026
Fund Details
| Key Dates | |
| Inception Date | 10/15/2014 |
| Last Annual Report Date | 12/31/2025 |
| Last Prospectus Date | 4/30/2025 |
| Share Classes | |
| MZCSX | Other |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:MZCIX", "name") |
| Broad Asset Class: =YCI("M:MZCIX", "broad_asset_class") |
| Broad Category: =YCI("M:MZCIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:MZCIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |