MFHIX : Mesirow Financial High Yield Fund Institutional Shares

MFHIX is a Bond Market High Yield Bond with MODERATE fees.

MFHIX

Mesirow Financial High Yield Fund Institutional Shares

FI Score

27 /100

Expense Ratio Rating

7 /10

Expense Rating

3 /10

Market Score

1 /10

Category Score

0 /10

Market Size

1 /10

27% FI Score
  • mfhix
  • Mutual Fund
  • Bond
  • High Yield Bond

Mesirow Financial High Yield Fund Institutional Shares

Expenses: 0.75% (Better than 1% of similar funds)

This is a bad choice for a High Yield Bond Bond fund. See why ยป

Fund Summary

The investment seeks to provide a high level of current income consistent with the preservation of principal. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in high yield instruments (also known as "junk bonds") and other financial instruments with economic characteristics similar to such instruments, such as derivatives and exchange-traded funds ("ETFs"). The fund may invest the remainder of its assets in investment grade instruments including securities issued or guaranteed by the U.S. government and its agencies or instrumentalities, municipal bonds, corporate bonds, and etc.

Largest Holdings

Amount Holding
2.01% Algeco Scotsman Global Finance Plc 8%
1.90% Allied Universal Holdco LLC / Allied Universal Finance Corporation 6.62%
1.88% F-Brasile S P A and F-Brasile US LLC 7.38%
1.87% Schweitzer-Mauduit 6.88%
1.79% Pss Industrial Group Cor
1.77% Natural Resource Partners L.P. 9.12%
1.72% Carriage Services, Inc. 6.62%
1.71% Alchemy Us Holdco 1 Llc
1.67% Meredith Corp 6.88%
1.65% Rain CII Carbon LLC / CII Carbon Corporation 7.25%
1.64% Cooper-Standard Automotive Inc. 5.62%
1.62% One Sky Flight Llc
1.60% Transmontaigne Par 6.12%
1.59% VistaJet Malta Finance P.L.C. and VistaJet Co Finance LLC 10.5%
1.58% Granite Us Holdings Corporation 11%
1.56% Koppers Incorporated 6%
1.54% Cimpress PLC 7%
1.52% Brand Energy & Infrastructure Svcs Inc 8.5%
1.52% Triumph Group, Inc. 7.75%
1.47% Urban One Inc 7.38%
1.43% Mattel, Inc. 5.45%
1.42% Grinding Media Inc. and MC Grinding Media (Canada) Inc. 7.38%
1.41% IHO Verwaltungs GmbH 4.75%
1.38% TMS International Corp 7.25%
1.34% Diamond Sports Group LLC / Diamond Sports Finance Co 6.62%

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