Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Muzinich Americayield Hedged EUR Acc R

Ranked 25 out of 33 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 : 31/08/2017 - 31/08/2018
  • Rank 25/33 Total Return
  • Rank 10/33 Standard Deviation
  • Rank 24/33 Max Drawdown
Fund Name Currency Return
23 Neuberger Berman Hi Yld Bd EUR A Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.9%

24 Nordea 1 - Low Duration US High Yield Bond HA EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.1%

25 Muzinich Americayield Hedged EUR Acc R

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.3%

26 PARVEST Bond USA High Yield CL H EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.3%

27 Janus Henderson High Yield AEURacc(Hedged)

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.5%

Fund Name Currency Risk
8 Neuberger Berman Short Dur HY Bd EUR I Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

1.6

9 Amundi SICAV II US High Yield A Hdg ND EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

2.1

10 Muzinich Americayield Hedged EUR Acc R

Currency exposure is hedged

Currency exposure is hedged

EUR

2.1

11 Invesco US High Yield Bond A Acc EUR Hedged

Currency exposure is hedged

Currency exposure is hedged

EUR

2.1

12 AXA WF US Dynamic High Yield Bonds F C EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

2.1

12 SKY Harbor GF US High Yield A h EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

2.1

Fund Name Currency Loss
22 Pictet-US High Yield-HI EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.9%

23 Neuberger Berman Hi Yld Bd EUR A Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.1%

24 Muzinich Americayield Hedged EUR Acc R

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.2%

25 Janus Henderson High Yield AEURacc(Hedged)

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.3%

26 PARVEST Bond USA High Yield CL H EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.3%

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 -2.1% -0.6%
2017 3.6% 1.2% 1.5% 1.2% -0.3%
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 date20/03/2003
  • Share Class size17Mn
  • 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).