MFHVX — Mesirow High Yield Fund
Data updated: 2026-08-28
MFHVX — Mesirow High Yield Fund. Short Corporate Bond · $114.49M AUM · 1.00% expense ratio · 5.7% 1-yr return. Holdings, fees, performance and SEC filings.
MFHVX Fund Overview
MFHVX — Mesirow High Yield Fund is a US mutual fund managed by Advisors' Inner Circle Fund III, categorised as Short Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Advisors' Inner Circle Fund III
- Category: Short Corporate Bond
- Assets under management: $114.49M
- 1-year return: 5.7%
- Ticker: MFHVX
- SEC CIK: 0001593547
- SEC series ID: S000063586
- Share class ID: C000206015
MFHVX Holdings
Top 10 holdings of Mesirow High Yield Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Airswift Global As | 1.77% |
| Nes Fircroft Bondco As | 1.66% |
| Paratus Energy Services Ltd. | 1.59% |
| Virtusa Corporation | 1.44% |
| Jw Aluminum Continuous Cast Company | 1.42% |
| River Rock Entertainment Authority | 1.41% |
| Burford Capital Global Finance LLC | 1.38% |
| Rain Carbon Inc. | 1.35% |
| Owens-Brockway Glass Container Inc. | 1.30% |
| Innovate Corp. | 1.28% |
MFHVX Portfolio Allocation
Asset-class allocation of Mesirow High Yield Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 74.7% |
| Loans | 20.5% |
| Equity | 4.5% |
MFHVX Performance
Total returns for MFHVX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 3.4% |
| 1 year | 5.7% |
| 3 years (annualised) | 8.4% |
| 5 years (annualised) | 4.0% |
MFHVX Risk Information
Risk metrics for MFHVX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.7%
MFHVX Costs and Fees
MFHVX costs about $100 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.00%
- Gross expense ratio: 1.35%
- Portfolio turnover: 66%
- Brokerage commissions: 0.09 bps of average net assets (SEC N-CEN)
MFHVX Cashflows
Over the 12 months to 2026-06, Mesirow High Yield Fund had net outflows of $20.49M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $1.64M |
| 2026-05 | −$10.04M |
| 2026-04 | $533.82K |
| 2026-03 | $600.13K |
| 2026-02 | $976.53K |
| 2026-01 | −$13.69M |
MFHVX Debt Constituents
Largest debt holdings of Mesirow High Yield Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Airswift Global As | 1.77% |
| Nes Fircroft Bondco As | 1.66% |
| Paratus Energy Services Ltd. | 1.59% |
| Virtusa Corporation | 1.44% |
| Jw Aluminum Continuous Cast Company | 1.42% |
| Burford Capital Global Finance LLC | 1.38% |
| Rain Carbon Inc. | 1.35% |
| Owens-Brockway Glass Container Inc. | 1.30% |
| Innovate Corp. | 1.28% |
| Tms International Corp. | 1.27% |
MFHVX Prospectus and SEC Filings
Official Mesirow High Yield Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-01-28
- Prospectus (485BPOS) — filed 2025-01-28
- Prospectus supplement (497) — filed 2025-07-21
- Portfolio holdings (N-PORT) — filed 2026-08-28
- Portfolio holdings (N-PORT) — filed 2026-05-29
- Portfolio holdings (N-PORT) — filed 2026-02-27
- Annual census (N-CEN) — filed 2025-12-12
- Annual census (N-CEN) — filed 2024-12-16
Related Funds
Other Short Corporate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.