MZLNX — Muzinich Low Duration Fund
Data updated: 2026-08-27
MZLNX — Muzinich Low Duration Fund. since 2016 · Global Short-Term Corporate Bond · $1.16B AUM. Holdings, fees, performance and SEC filings.
MZLNX Fund Overview
MZLNX — Muzinich Low Duration Fund is a US mutual fund managed by Muzinich & Co Inc, categorised as Global Short-Term Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Adviser: Muzinich & Co Inc
- Trust: Professionally Managed Portfolios
- Category: Global Short-Term Corporate Bond
- Inception date: June 30, 2016
- Assets under management: $1.16B
- Ticker: MZLNX
- SEC CIK: 0000811030
- SEC series ID: S000054438
- Share class ID: C000262022
- FIGI: BBG01TB4D6F0
- LEI: 549300JDN6HL8FW7BJ81
About MZLNX
The Muzinich Low Duration Fund (MZLNX) seeks to protect capital and generate positive returns under most market conditions. It normally invests at least 80% of its net assets in a diversified portfolio of corporate bonds and syndicated loans, mainly from developed markets, with a short average duration-to-worst that is usually targeted at no more than two years. The fund is actively managed and may hold below-investment-grade bonds up to 40% of net assets.
MZLNX Holdings
Top 10 holdings of Muzinich Low Duration Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| First American Treasury Obliga | 1.87% |
| Cco Hldgs Llc/cap Corp. | 0.74% |
| Ck Hutchison Intl 24 | 0.71% |
| Gaci First Investment | 0.67% |
| Dp World Crescent Ltd. | 0.63% |
| Deutsche Bank AG | 0.61% |
| Jaguar Land Rover Automo | 0.55% |
| Hsbc Holdings PLC | 0.52% |
| Tallgrass Nrg Prtnr/fin | 0.51% |
| Yorkshire Water Finance | 0.49% |
MZLNX Portfolio Allocation
Asset-class allocation of Muzinich Low Duration Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 89.4% |
| Securitized | 3.8% |
| Loans | 2.6% |
| Cash & Equivalents | 1.9% |
| Derivatives | 1.2% |
MZLNX Performance
Total returns for MZLNX through June 2026, from SEC filings.
| Period | Total return |
|---|---|
| YTD | 2.22% |
MZLNX Costs and Fees
- Portfolio turnover: 69%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
MZLNX Cashflows
Over the 12 months to 2026-06, Muzinich Low Duration Fund had net outflows of $39.88M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $10.86M |
| 2026-05 | $16.28M |
| 2026-04 | $7.88M |
| 2026-03 | −$6.46M |
| 2026-02 | $34.88M |
| 2026-01 | $29.75M |
MZLNX Debt Constituents
Largest debt holdings of Muzinich Low Duration Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Cco Hldgs Llc/cap Corp. | 0.74% |
| Ck Hutchison Intl 24 | 0.71% |
| Gaci First Investment | 0.67% |
| Dp World Crescent Ltd. | 0.63% |
| Deutsche Bank AG | 0.61% |
| Jaguar Land Rover Automo | 0.55% |
| Hsbc Holdings PLC | 0.52% |
| Tallgrass Nrg Prtnr/fin | 0.51% |
| Yorkshire Water Finance | 0.49% |
| Oracle Corp. | 0.49% |
MZLNX Prospectus and SEC Filings
Official Muzinich Low Duration Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-04-30
- Prospectus (485BPOS) — filed 2024-04-29
- Prospectus (497) — filed 2026-05-19
- Portfolio holdings (N-PORT) — filed 2026-08-27
- Portfolio holdings (N-PORT) — filed 2026-05-27
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Annual census (N-CEN) — filed 2026-03-11
- Annual census (N-CEN) — filed 2025-03-13
MZLNX Service Providers
Firms that manage, distribute, hold, administer and audit Muzinich Low Duration Fund, as reported on SEC Form N-CEN, fiscal year ending December 31, 2025.
- Adviser: Muzinich & Co Inc
- Distributor: Quasar Distributors LLC
- Custodian: U.S. Bank N.A.
- Transfer agent: U.S. Bancorp Fund Services LLC
- Administrator: U.S. Bancorp Fund Services LLC
- Auditors: Cohen & Company, Ltd. and Tait Weller and Baker LLP
Related Funds
Other Global Short-Term Corporate Bond funds tracked on ABC INVEST:
MZLNX: Frequently Asked Questions
What are MZLNX's top holdings?
As of June 30, 2026, MZLNX held 540 positions. The largest are First American Treasury Obliga (1.87%), Cco Hldgs Llc/cap Corp. (0.74%), Ck Hutchison Intl 24 (0.71%), Gaci First Investment (0.67%) and Dp World Crescent Ltd. (0.63%). All MZLNX holdings
How large is MZLNX?
MZLNX manages $1.16B (SEC N-PORT, June 2026). Investors withdrew a net $39.88M over the past 12 months.
Who manages MZLNX and when did it launch?
MZLNX is managed by Muzinich & Co Inc. It is a series of Professionally Managed Portfolios. It launched on June 30, 2016.
How does MZLNX compare with similar Global Short-Term Corporate Bond funds?
Among 13 Global Short-Term Corporate Bond funds with $100M+ in assets, MZLNX ranks #5 of 13 by assets. The largest is Dimensional Short-Duration Fixed Income ETF (DFSD). Compare MZLNX with DFSD
Where can I find MZLNX's prospectus and SEC filings?
MZLNX's latest prospectus (497) was filed May 19, 2026 and its latest N-PORT holdings report was filed August 27, 2026. All 47 filings are linked on ABC INVEST and on SEC EDGAR (series S000054438). MZLNX SEC filings
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, and annual data from Form N-CEN.
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.