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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

Expense Ratio

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


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.


Performance

Performance Chart


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S&P 500

Returns By Period

Mesirow High Yield Fund (MFHVX) returned -0.62% year-to-date (YTD) and 4.31% over the past 12 months.


MFHVX

YTD

-0.62%

1M

0.99%

6M

-0.75%

1Y

4.31%

3Y*

5.69%

5Y*

7.71%

10Y*

N/A

^GSPC (Benchmark)

YTD

0.51%

1M

6.15%

6M

-2.00%

1Y

12.92%

3Y*

12.68%

5Y*

14.19%

10Y*

10.85%

*Annualized

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
20251.39%-0.04%-1.68%-1.25%0.99%-0.62%
20240.69%1.11%1.58%0.04%1.18%0.55%1.31%0.81%0.92%0.16%1.13%-0.14%9.74%
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%0.14%0.64%0.43%0.33%-0.72%1.52%10.54%
20201.53%-1.87%-16.65%-0.17%7.62%3.24%3.02%2.46%0.84%0.62%5.18%3.01%6.89%
20193.92%1.34%0.85%2.08%-1.37%2.01%0.82%-0.31%0.76%-0.35%0.06%2.42%12.82%
2018-2.66%-2.66%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 76, MFHVX is among the top 24% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of MFHVX is 7676
Overall Rank
The Sharpe Ratio Rank of MFHVX is 7979
Sharpe Ratio Rank
The Sortino Ratio Rank of MFHVX is 7878
Sortino Ratio Rank
The Omega Ratio Rank of MFHVX is 8686
Omega Ratio Rank
The Calmar Ratio Rank of MFHVX is 7171
Calmar Ratio Rank
The Martin Ratio Rank of MFHVX is 6868
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.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Mesirow High Yield Fund Sharpe ratios as of May 31, 2025 (values are recalculated daily):

  • 1-Year: 1.16
  • 5-Year: 2.14
  • All Time: 1.22

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Mesirow High Yield Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

Mesirow High Yield Fund provided a 8.23% dividend yield over the last twelve months, with an annual payout of $0.67 per share.


0.00%2.00%4.00%6.00%8.00%10.00%$0.00$0.20$0.40$0.60$0.802018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM2024202320222021202020192018
Dividend$0.67$0.76$0.82$0.73$0.85$0.73$0.87$0.04

Dividend yield

8.23%9.00%9.67%8.96%8.45%7.31%8.62%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
2025$0.06$0.06$0.06$0.07$0.00$0.24
2024$0.07$0.06$0.06$0.07$0.06$0.06$0.07$0.06$0.06$0.06$0.06$0.07$0.76
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$0.25$0.85
2020$0.05$0.05$0.06$0.06$0.06$0.06$0.06$0.04$0.06$0.06$0.06$0.10$0.73
2019$0.04$0.05$0.06$0.06$0.06$0.05$0.06$0.06$0.06$0.07$0.06$0.24$0.87
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.


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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 2.06%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-20.95%Feb 21, 202023Mar 24, 2020165Nov 16, 2020188
-13.54%Jan 14, 2022188Oct 13, 2022301Dec 26, 2023489
-5.11%Feb 28, 202531Apr 11, 2025
-3.2%Dec 4, 201814Dec 24, 201815Jan 16, 201929
-1.47%May 2, 201921May 31, 201914Jun 20, 201935
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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