Muzinich High Yield Fund Quote
| MZHIX Fund | USD 8.04 0.01 0.12% |
Performance12 of 100
| Odds Of DistressLess than 18
|
Muzinich is trading at 8.04 as of the 28th of November 2024; that is 0.12 percent up since the beginning of the trading day. The fund's open price was 8.03. Muzinich has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Muzinich High Yield are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of its net assets in high yield credit issued by companies with a domicile or principle place of business in the U.S. The advisor typically focuses on debt instruments rated below investment grade, defined as below BBB- or Baa3 by Standard Poors, Fitch or Moodys, as applicable, or which are deemed equivalent by the Advisor.. More on Muzinich High Yield
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Muzinich Mutual Fund Highlights
| Fund Concentration | Muzinich Funds, Large Funds, High Yield Bond Funds, High Yield Bond, Muzinich (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 30th of April 2023 |
| Fiscal Year End | December |
Muzinich High Yield [MZHIX] is traded in USA and was established 28th of November 2024. Muzinich is listed under Muzinich category by Fama And French industry classification. The fund is listed under High Yield Bond category and is part of Muzinich family. This fund now has accumulated 34.88 M in assets with minimum initial investment of 1000 K. Muzinich High Yield is currently producing year-to-date (YTD) return of 7.48% with the current yeild of 0.0%, while the total return for the last 3 years was 1.77%.
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Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Muzinich Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Muzinich Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Muzinich High Yield Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Muzinich High Yield Mutual Fund Constituents
| SJNK | SPDR Bloomberg Short | Etf | High Yield Bond | |
| BKLN | Invesco Senior Loan | Etf | Bank Loan | |
| HYG | iShares iBoxx High | Etf | High Yield Bond |
Muzinich High Yield Risk Profiles
| Mean Deviation | 0.1006 | |||
| Standard Deviation | 0.1318 | |||
| Variance | 0.0174 | |||
| Downside Variance | 0.035 |
Muzinich Against Markets
Other Information on Investing in Muzinich Mutual Fund
Muzinich financial ratios help investors to determine whether Muzinich Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Muzinich with respect to the benefits of owning Muzinich security.
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