Skip to Content
Morningstar

Mesirow High Yield Inv MFHVX

Morningstar Medalist Rating
Medalist Rating as of | See Mesirow Investment Hub
  • NAV / 1-Day Return 8.53  /  +0.24 %
  • Total Assets 115.3 Mil
  • Adj. Expense Ratio
    1.000%
  • Expense Ratio 1.000%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 5,000
  • Status Open
  • TTM Yield 9.67%
  • Effective Duration —

USD | NAV as of Apr 26, 2024 | 1-Day Return as of Apr 26, 2024, 10:18 PM GMT+0

Morningstar’s Analysis MFHVX

Will MFHVX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MFHVX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MFHVX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MFHVX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Mesirow High Yield Inv boasts strong Process and People Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings MFHVX

More MFHVX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 17.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

iShares iBoxx $ High Yield Corp Bd ETF

3.49 3.1 Mil
—

Cash & Cash Equivalents

2.65 2.3 Mil
Cash and Equivalents

VistaJet Malta Finance PLC /XO Management Holding Inc. 6.375%

1.63 1.4 Mil
Corporate

Urban One Inc 7.375%

1.59 1.4 Mil
Corporate

Park-Ohio Industries, Inc. 6.625%

1.57 1.4 Mil
Corporate

Cimpress PLC 7%

1.52 1.3 Mil
Corporate

MidCap Financial Issuer Trust 6.5%

1.51 1.3 Mil
Corporate

Rain Carbon Inc 12.25%

1.48 1.3 Mil
Corporate

Mercer International Inc. 12.875%

1.47 1.3 Mil
Corporate

TMS International Corp 6.25%

1.47 1.3 Mil
Corporate