Muzinich Dynamic Income Fund (MZCSX)

Overview

The fund is designed to cater to investors looking for diversified exposure in the global fixed income market. Its objective is to capitalize on the various credit sectors that the Advisor deems attractive at given times. By primarily investing in corporate bonds and syndicated loans, the fund aims to balance risk and reward according to the prevailing economic conditions and market opportunities. The inclusion of a substantial portion of its investments in foreign securities, including a significant focus on emerging market countries, positions the fund as a vehicle for investors seeking a blend of domestic and international fixed-income assets.

Products and Services

• Corporate Bonds

  The fund allocates a considerable portion of its assets in corporate bonds issued by both U.S. and foreign corporations. These bonds are carefully selected based on their potential to offer attractive risk/reward characteristics, providing the backbone for the fund's investment strategy in achieving its income and growth objectives.

• Syndicated Loans

  Syndicated loans represent another key investment vehicle for the fund, chosen for their potential to contribute to the fund’s income while managing risk. These are loans provided by a group of lenders and are typically structured, arranged, and administered by one or several commercial banks or investment banks known as syndicate agents. This diversifies the fund’s sources of income and helps in spreading credit risk.

• Foreign Securities

  Up to 70% of the fund's net assets may be invested in foreign securities, demonstrating a strategic emphasis on diversifying internationally. This includes significant exposure to emerging market countries, up to 40% of the fund's net assets, offering potential for higher returns from economies with high growth rates. This approach diversifies risk and seeks to capture growth in a variety of global markets.