We are placing a range of Muzinich global flexible-bond funds (including Muzinich Global Tactical Credit, as well as its equivalent US vehicle Muzinich Credit Opportunities, and Muzinich Dynamic Credit Opportunities) under review following the news of co-portfolio manager Brian Nold's departure from the firm effective April 30, 2024.
Muzinich Credit Opps Instl MZCIX
- NAV / 1-Day Return 9.71 / −0.10 %
- Total Assets 257.0 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.680%
- Distribution Fee Level Average
- Share Class Type Institutional
- Category Multisector Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 4.32%
- Effective Duration 4.96 years
USD | NAV as of May 10, 2024 | 1-Day Return as of May 10, 2024, 10:12 PM GMT+0
Morningstar’s Analysis MZCIX
Will MZCIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 9.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
EUR/USD FWD 20240614 Purchased | 28.20 | 75.5 Mil | Derivative |
GBP/USD FWD 20240614 Purchased | 2.73 | 7.3 Mil | Derivative |
United States Treasury Bonds 4.75% | 2.02 | 5.4 Mil | Government |
First American Treasury Obligs X | 1.94 | 5.2 Mil | Cash and Equivalents |
United States Treasury Notes 4% | 1.76 | 4.7 Mil | Government |
AbbVie Inc. 5.05% | 0.98 | 2.6 Mil | Corporate |
Rockies Express Pipeline LLC 3.6% | 0.88 | 2.4 Mil | Corporate |
HCA Inc. 5.38% | 0.74 | 2.0 Mil | Corporate |
Morgan Stanley 5.47% | 0.74 | 2.0 Mil | Corporate |
Cheniere Energy Partners L P 5.95% | 0.72 | 1.9 Mil | Corporate |