MZLNX Fees and Costs — Muzinich Low Duration Fund
Data updated: 2026-08-27
Portfolio turnover was 69%.
MZLNX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $1.5B
- Portfolio turnover (prospectus): 69%
- Securities lending: none during the year
MZLNX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $280.2M | 24.06% |
| BNP PARIBAS PRIME BROKERAGE, INC. | $150.6M | 12.92% |
| MORGAN STANLEY & CO. LLC | $135.4M | 11.62% |
| BARCLAYS CAPITAL INC. | $129.2M | 11.09% |
| CITIGROUP GLOBAL MARKETS INC. | $120.4M | 10.33% |
| BOFAML SECURITIES, INC. | $98.9M | 8.49% |
| DEUTSCHE BANK SECURITIES INC. | $86.2M | 7.40% |
| MERRILL LYNCH PROFESSIONAL CLEARING CORP. | $67.7M | 5.82% |
| JEFFERIES LLC | $55.6M | 4.78% |
| HSBC SECURITIES (USA) INC. | $40.8M | 3.50% |
Muzinich Low Duration Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MZLSX | Supra Institutional | 0.51% | — |
| MZLRX | C000170962 | 0.85% | 4.25% |
| MZLNX | C000262022 | — | — |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.