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Mesirow High Yield Fund (MFHVX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US00774Q7759

CUSIP

00774Q775

Issuer

Mesirow

Inception Date

Dec 3, 2018

Min. Investment

$5,000

Asset Class

Bond

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
MFHVX vs. PRFRX MFHVX vs. PIAMX MFHVX vs. SPY MFHVX vs. AXSIX MFHVX vs. PHYSX MFHVX vs. FFRHX
Popular comparisons:
MFHVX vs. PRFRX MFHVX vs. PIAMX MFHVX vs. SPY MFHVX vs. AXSIX MFHVX vs. PHYSX MFHVX vs. FFRHX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Mesirow High Yield Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
4.55%
12.92%
MFHVX (Mesirow High Yield Fund)
Benchmark (^GSPC)

Returns By Period

Mesirow High Yield Fund had a return of 9.44% year-to-date (YTD) and 13.12% in the last 12 months.


MFHVX

YTD

9.44%

1M

0.63%

6M

4.54%

1Y

13.12%

5Y (annualized)

5.07%

10Y (annualized)

N/A

^GSPC (Benchmark)

YTD

24.72%

1M

1.67%

6M

12.93%

1Y

30.55%

5Y (annualized)

13.88%

10Y (annualized)

11.16%

Monthly Returns

The table below presents the monthly returns of MFHVX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.69%1.11%1.58%0.04%1.18%0.55%1.31%0.81%0.93%0.16%9.44%
20232.53%0.46%0.25%1.69%-0.58%1.67%1.85%0.90%-0.08%-1.01%2.87%2.83%14.11%
2022-1.06%-0.91%-0.88%-1.61%-3.03%-4.48%1.82%0.47%-3.65%0.04%1.47%-0.74%-12.06%
20211.87%1.46%0.89%1.22%0.58%1.74%0.15%0.64%0.43%0.33%-0.72%-0.43%8.41%
20201.53%-1.87%-16.65%-0.17%7.62%3.24%3.02%2.46%0.84%0.62%5.18%2.69%6.56%
20193.92%1.34%0.85%2.08%-1.37%2.01%0.82%-0.31%0.76%-0.35%0.06%0.59%10.80%
2018-2.66%-2.66%

Expense Ratio

MFHVX has a high expense ratio of 1.43%, indicating higher-than-average management fees.


Expense ratio chart for MFHVX: current value at 1.43% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.43%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of MFHVX is 95, placing it in the top 5% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of MFHVX is 9595
Combined Rank
The Sharpe Ratio Rank of MFHVX is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of MFHVX is 9797
Sortino Ratio Rank
The Omega Ratio Rank of MFHVX is 9797
Omega Ratio Rank
The Calmar Ratio Rank of MFHVX is 8484
Calmar Ratio Rank
The Martin Ratio Rank of MFHVX is 9898
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Mesirow High Yield Fund (MFHVX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for MFHVX, currently valued at 5.25, compared to the broader market-1.000.001.002.003.004.005.005.252.54
The chart of Sortino ratio for MFHVX, currently valued at 8.95, compared to the broader market0.005.0010.008.953.40
The chart of Omega ratio for MFHVX, currently valued at 2.48, compared to the broader market1.002.003.004.002.481.47
The chart of Calmar ratio for MFHVX, currently valued at 3.01, compared to the broader market0.005.0010.0015.0020.003.013.66
The chart of Martin ratio for MFHVX, currently valued at 59.84, compared to the broader market0.0020.0040.0060.0080.00100.0059.8416.26
MFHVX
^GSPC

The current Mesirow High Yield Fund Sharpe ratio is 5.25. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Mesirow High Yield Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.002.003.004.005.006.00JuneJulyAugustSeptemberOctoberNovember
5.25
2.54
MFHVX (Mesirow High Yield Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Mesirow High Yield Fund provided a 9.29% dividend yield over the last twelve months, with an annual payout of $0.80 per share. The fund has been increasing its distributions for 2 consecutive years.


0.00%2.00%4.00%6.00%8.00%10.00%$0.00$0.20$0.40$0.60$0.80201820192020202120222023
Dividends
Dividend Yield
PeriodTTM202320222021202020192018
Dividend$0.80$0.82$0.73$0.66$0.69$0.68$0.04

Dividend yield

9.29%9.67%8.96%6.49%7.00%6.79%0.45%

Monthly Dividends

The table displays the monthly dividend distributions for Mesirow High Yield Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.07$0.06$0.06$0.07$0.06$0.06$0.07$0.06$0.06$0.06$0.00$0.64
2023$0.06$0.06$0.07$0.06$0.07$0.07$0.06$0.08$0.06$0.08$0.07$0.09$0.82
2022$0.05$0.05$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.07$0.07$0.73
2021$0.05$0.06$0.06$0.05$0.05$0.06$0.06$0.06$0.05$0.05$0.06$0.06$0.66
2020$0.05$0.05$0.06$0.06$0.06$0.06$0.06$0.04$0.06$0.06$0.06$0.07$0.69
2019$0.04$0.05$0.06$0.06$0.06$0.05$0.06$0.06$0.06$0.07$0.06$0.06$0.68
2018$0.04$0.04

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.12%
-0.88%
MFHVX (Mesirow High Yield Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Mesirow High Yield Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Mesirow High Yield Fund was 20.95%, occurring on Mar 24, 2020. Recovery took 165 trading sessions.

The current Mesirow High Yield Fund drawdown is 0.12%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-20.95%Feb 21, 202023Mar 24, 2020165Nov 16, 2020188
-14.78%Nov 12, 2021231Oct 13, 2022331Feb 8, 2024562
-3.2%Dec 4, 201814Dec 24, 201815Jan 16, 201929
-1.66%Dec 20, 20191Dec 20, 201918Jan 17, 202019
-1.47%May 2, 201921May 31, 201914Jun 20, 201935

Volatility

Volatility Chart

The current Mesirow High Yield Fund volatility is 0.54%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
0.54%
3.96%
MFHVX (Mesirow High Yield Fund)
Benchmark (^GSPC)