Morningstar

Muzinich Low Duration Supra Instl MZLSX

Morningstar Medalist Rating
Medalist Rating as of | See Muzinich Investment Hub
  • NAV / 1-Day Return 9.58  /  −0.21 %
  • Total Assets 1.1 Bil
  • Adj. Expense Ratio
    0.500%
  • Expense Ratio 0.500%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 5.11%
  • Effective Duration 1.89 years

USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:29 PM GMT+0

Morningstar’s Analysis MZLSX

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

  • People Pillar

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

A sound investment process and strong management team underpin Muzinich Low Duration Supra Instl's Morningstar Medalist Rating of Gold.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MZLSX

More MZLSX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

EUR/USD FWD 20241017 Purchased

20.12 226.0 Mil
Derivative

EUR/USD FWD 20240918 Purchased

19.70 221.3 Mil
Derivative

GBP/USD FWD 20241017 Purchased

5.94 66.7 Mil
Derivative

First American Treasury Obligs X

2.97 33.4 Mil
Cash and Equivalents

Ck Hutchison International 24 Ltd. 5.38%

0.74 8.3 Mil
Corporate

AIB Group PLC 4.63%

0.70 7.8 Mil
Corporate

AIB Group PLC 2.88%

0.69 7.7 Mil
Corporate

Standard Chartered PLC 2.5%

0.67 7.5 Mil
Corporate

Jaguar Land Rover Automotive PLC 4.5%

0.66 7.4 Mil
Corporate

HSBC Holdings PLC 6.36%

0.63 7.1 Mil
Corporate

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