MZHIX : Muzinich U.S. High Yield Corporate Bond Fund Institutional Shares

Fund Summary

The investment seeks to provide a high level of income on a risk-adjusted basis over a full market cycle. The fund normally invests at least 80% of its net assets in high yield bonds of U.S. corporations (commonly referred to as "junk" bonds). The fund's portfolio is typically well-diversified with below investment grade bonds issued by U.S. corporations that the Advisor believes have attractive risk/reward characteristics. The fund typically focuses on bonds rated below investment grade, defined as below BBB- or Baa3 by Standard & Poor's or Moody's, respectively, or which are deemed equivalent by the Advisor.