Morningstar

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

Morningstar Medalist Rating
Medalist Rating as of | See Muzinich Investment Hub
  • NAV / 1-Day Return 7.75  /  +0.39 %
  • Total Assets 65.5M
  • Adj. Expense Ratio
    0.590%
  • Expense Ratio 0.580%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 500,000
  • Status Open
  • TTM Yield 6.57%
  • Effective Duration 2.71 years

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:57 AM GMT+0

Morningstar’s Analysis MZHIX

Will MZHIX outperform in the 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 MZHIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MZHIX 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 MZHIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Muzinich Flexible U.S. HY Inc Ins holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

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Portfolio Holdings MZHIX

More MZHIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
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DISH DBS Corporation 5.75%

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Nissan Motor Acceptance Co LLC 6.13%

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Tallgrass Energy Partners, LP and Tallgrass Energy Finance Corp. 6%

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Venture Global Plaquemines Lng LLC 6.75%

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