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Muzinich Americayield Hedged EUR Acc R

Ranked 19 out of 31 in - US Dollar High Yield over 12 months
All calculations are in EUR unless stated

Managed by

Clinton Comeaux

Based in New York, Clinton Comeaux is a portfolio manager at Muzinich &Co. with over 20 years of corporate credit experience. Prior to joining the company, he was a research analyst for the high yield and private equity funds at WR Huff Asset Management. Previously, he was a manager at Enron responsible for physical trading in the commodities group. Clinton is a Chemical Engineer, formerly with PPG Industries. He holds a B.S. in Chemical Engineering, Summa Cum Laude, from Tulane University as well as an M.B.A. from the Leonard N. Stern School of Business at New York University.

Objective

The Fund seeks to generate attractive returns and protect capital. The Fund primarily invests in publicly traded debt securities (including notes, such as floating rate short-term and medium-term notes, and bonds) of US corporate borrowers generally traded on Recognised Exchanges in the US. Such bonds will be rated by Moody's/Standard & Poor's (or as deemed equivalent by the Investment Manager) at least B3/B-, but typically less than A, lower in the event of a downgrade of an existing holding, or higher from time to time.

Showing fund performance in Belgium View performance globally

Performance

US Dollar High Yield over : 31/10/2016 - 31/10/2017
  • Rank 19/31 Total Return
  • Rank 11/31 Standard Deviation
  • Rank 25/31 Max Drawdown
Fund Name Currency Return
17 AB SICAV I-US High Yield Portfolio A2 EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

4.7%

18 Allianz US High Yield - AT (H2-EUR) - EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

4.5%

19 Muzinich Americayield Hedged EUR Acc R

Currency exposure is hedged

Currency exposure is hedged

EUR

4.2%

20 Invesco US High Yield Bond A Acc EUR Hedged

Currency exposure is hedged

Currency exposure is hedged

EUR

4.2%

21 Neuberger Berman Hi Yld Bd EUR A Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

4.2%

Fund Name Currency Risk
9 Pioneer SICAV US High Yield A Hdg ND EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

2.4

10 Pictet-US High Yield-HI EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

2.4

11 Allianz US High Yield - AT (H2-EUR) - EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

2.4

11 Muzinich Americayield Hedged EUR Acc R

Currency exposure is hedged

Currency exposure is hedged

EUR

2.4

13 Neuberger Berman Hi Yld Bd EUR A Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

2.6

Fund Name Currency Loss
23 Nomura Funds Ireland-US High Yield Bond A EUR-H

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.9%

24 Aberdeen Global II - USD High Yld Bd A2 EUR Acc EUR

-1.0%

25 Muzinich Americayield Hedged EUR Acc R

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.2%

26 Nordea 1 - US High Yield Bond HB EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.3%

27 Invesco US High Yield Bond A Acc EUR Hedged

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.5%

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 1.2% 1.5% 1.2%
2016 7.9% 1.9% 2.3% 3.2% 0.3%
2015 -2.2% 2.3% -0.3% -3.9% -0.2%
2014 0.7% 2.2% 1.8% -2.3% -1.0%
2013 4.6% 1.9% -2.0% 1.8% 2.9%
2012 11.2% 3.8% 0.9% 3.7% 2.4%
2011 4.3% 3.1% 0.4% -5.1% 6.2%
2010 12.0% 3.3% 0.2% 6.0% 2.2%
2009 29.7% 4.7% 10.0% 8.5% 3.8%
2008 -17.2% -2.3% 1.5% -4.6% -12.5%
2007 0.2% 1.9% -0.9% 0.1% -0.8%
2006 4.2% 1.1% -1.3% 2.0% 2.4%
2005 0.2% -1.9% 1.2% 0.6% 0.3%
2004 8.4% 2.0% -1.1% 4.2% 3.2%
2003 6.3% 1.6% 4.3%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. Chile
  4. Denmark
  5. Finland
  6. France
  7. Germany
  8. Ireland
  9. Italy
  10. Luxembourg
  11. Netherlands
  12. Norway
  13. Portugal
  14. Singapore
  15. Spain
  16. Sweden
  17. Switzerland
  18. United Kingdom

Fund Info

  • Launch date19/03/2003
  • Share Class size26Mn
  • Base currencyEUR
  • ISIN IE0032860565
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment1,000
  • Min. regular additional investment0

Charges

  • Annual management1.50%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).