MZLSX — Muzinich Low Duration Fund
Data updated: 2026-08-27
MZLSX — Muzinich Low Duration Fund. Short Corporate Bond · $1.16B AUM · 0.51% expense ratio · 4.8% 1-yr return. Holdings, fees, performance and SEC filings.
MZLSX Fund Overview
MZLSX — Muzinich Low Duration Fund is a US mutual fund managed by Professionally Managed Portfolios, 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: Professionally Managed Portfolios
- Category: Short Corporate Bond
- Assets under management: $1.16B
- 1-year return: 4.8%
- Ticker: MZLSX
- SEC CIK: 0000811030
- SEC series ID: S000054438
- Share class ID: C000170964
MZLSX 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% |
| Dp World Crescent Ltd. | 0.94% |
| Cco Hldgs Llc/cap Corp. | 0.74% |
| Ck Hutchison Intl 24 | 0.71% |
| Gaci First Investment | 0.67% |
| 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% |
MZLSX 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% |
MZLSX Performance
Total returns for MZLSX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.7% |
| 1 year | 4.8% |
| 3 years (annualised) | 6.5% |
| 5 years (annualised) | 3.8% |
MZLSX Risk Information
Risk metrics for MZLSX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 1.9%
MZLSX Costs and Fees
MZLSX costs about $51 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.51%
- Gross expense ratio: 0.60%
- Portfolio turnover: 69%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
MZLSX 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 |
MZLSX 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 |
|---|---|
| Dp World Crescent Ltd. | 0.94% |
| Cco Hldgs Llc/cap Corp. | 0.74% |
| Ck Hutchison Intl 24 | 0.71% |
| Gaci First Investment | 0.67% |
| 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% |
MZLSX 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 supplement (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
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.