Muzinich U.S. High Yield Credit Fund (MZHSX) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MZHSX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MZHSX
MZHSX charges 0.58% annually. There are 24 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | — | Dec 2008 | MZHSX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.13% | 25.70B | Nov 2001 | MZHSX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | MZHSX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.23% | 25.70B | Dec 1978 | MZHSX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | MZHSX vs CRDOX |
Best Risk-Adjusted Alternatives to MZHSX
MZHSX has a PortfoliosLab risk / return rank of 90. There are 43 mutual funds in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | — | Dec 2014 | MZHSX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | MZHSX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | MZHSX vs RPHIX | |
| Fidelity Series High Income Fund | 97 | — | Mar 2011 | MZHSX vs FSHNX | |
| American Beacon SiM High Yield Opportunities Fund ... | 97 | — | Feb 2011 | MZHSX vs SHOYX |
Top Performing MZHSX Alternatives (YTD)
MZHSX is at 1.72% YTD. There are 88 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 7.97%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 7.97% | — | Dec 2014 | MZHSX vs XILSX | |
| Fidelity Capital & Income Fund | 7.96% | — | Nov 1977 | MZHSX vs FAGIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.29% | — | Oct 2018 | MZHSX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.16% | — | Jul 1995 | MZHSX vs FAHCX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.04% | — | Jan 1987 | MZHSX vs FAHYX |
Lowest Volatility Alternatives to MZHSX
MZHSX has 2.52% 1-year volatility. There are 24 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.88%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | 0.88% | — | Mar 2019 | MZHSX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.88% | — | Sep 2010 | MZHSX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.50% | — | Jul 2014 | MZHSX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | MZHSX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.69% | — | Aug 2002 | MZHSX vs OSTIX |
Lowest Drawdown Alternatives to MZHSX
MZHSX has a 1-year max drawdown of -2.02%. There are 42 mutual funds in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | MZHSX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | MZHSX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | MZHSX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | MZHSX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | MZHSX vs SCFIX |
Other Mutual Funds from Muzinich
The 2 most viewed Muzinich mutual funds shown here include MZLSX, MZCSX and span 1 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Muzinich Low Duration Fund | Multisector Bonds | 88 | 1.21% | — | Jun 2016 | MZHSX vs MZLSX | |
| Muzinich Credit Opportunities Fund | Multisector Bonds | 56 | 0.87% | — | Jan 2013 | MZHSX vs MZCSX |
Often Compared With MZHSX
Investors most often compare MZHSX with RSIIX, PRFRX, CPMPX. These 11 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| RiverPark Strategic Income Fund | High Yield Bonds | 68 | 1.81% | — | Sep 2013 | MZHSX vs RSIIX | |
| T. Rowe Price Floating Rate Fund | High Yield Bonds | 96 | 1.96% | — | Jul 2011 | MZHSX vs PRFRX | |
| Changing Parameters Fund | High Yield Bonds | 88 | 0.85% | — | Oct 2006 | MZHSX vs CPMPX | |
| Toews Tactical Income Fund | High Yield Bonds | 47 | 0.38% | — | Jun 2010 | MZHSX vs THHYX | |
| Fairholme Focused Income Fund | High Yield Bonds | 34 | 6.37% | — | Dec 2009 | MZHSX vs FOCIX | |
| Nuveen Global High Income Fund | High Yield Bonds | 15 | 5.56% | — | Nov 2014 | MZHSX vs JGH | |
| Pioneer Corporate High Yield Fund | High Yield Bonds | 58 | 2.54% | — | Jan 2017 | MZHSX vs RCRYX | |
| Franklin Templeton SMACS: Series I | High Yield Bonds | 93 | 3.43% | — | Jun 2019 | MZHSX vs FQTIX | |
| T. Rowe Price High Yield Fund | High Yield Bonds | 94 | 2.31% | — | Dec 1984 | MZHSX vs PRHYX | |
| T. Rowe Price Credit Opportunities Fund | High Yield Bonds | 95 | 2.38% | — | Apr 2014 | MZHSX vs PRCPX | |
| Penn Capital Short Duration High Income Fund | High Yield Bonds | 96 | 1.63% | — | Jul 2017 | MZHSX vs PSHNX |
Compare MZHSX with Any Fund or Stock
Compare MZHSX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MZHSX with funds that move differently
Muzinich U.S. High Yield Credit Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MZHSX.
Explore MZHSX Diversifiers