Morningstar

Muzinich Flexible U.S. High Yield Income Fund Supra Institutional Shares MZHSX

Morningstar Medalist Rating
Medalist Rating as of | See Muzinich Investment Hub
  • NAV / 1-Day Return 8.00  /  −0.12 %
  • Total Assets 70.9M
  • 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 1M
  • Status Open
  • TTM Yield 6.31%
  • Effective Duration 2.71 years

USD | NAV as of Jun 17, 2026 | 1-Day Return as of Jun 17, 2026, 1:35 AM GMT+0

Morningstar’s Analysis MZHSX

Will MZHSX 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 MZHSX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MZHSX 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 MZHSX’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 Supra Ins holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings MZHSX

More MZHSX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

First American Treasury Obligs X

2.96 2M
Cash and Equivalents

TransDigm 2/26 Cov-Lite

1.20 852,992
Corporate

Blackstone Mortgage Trust, Inc 3.75%

1.15 815,539
Corporate

Minerals Technologies Inc. 5%

1.13 796,740
Corporate

EchoStar Corp. 10.75%

1.04 733,985
Corporate

Perrigo Finance Unlimited Co. 6.13%

0.88 620,959
Corporate

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

0.86 605,926
Corporate

Venture Global Plaquemines Lng LLC 6.75%

0.82 583,616
Corporate

Allied Universal Holdco LLC / Allied Universal Finance Corp / Atlas Luxco 4

0.80 566,962
Corporate

Gci Llc 4.75%

0.78 555,624
Corporate

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