Funds Group: Muzinich Funds
Management Company: Muzinich & Co., Inc.
Funds Affected: Muzinich High Income Floating Rate Fund
Principal Sustainable Investment Strategy: ESG integration
Summary:
As applicable, the advisor considers both company-specific quantitative and qualitative factors such as: a company’s managerial strength and commitment to debt repayment, anticipated cash flow, debt maturity schedules, borrowing requirements, use of borrowing proceeds, asset coverage and earnings prospects; impacting legislation, regulation, litigation, transparency, market perspective or other environmental, social and governance (“ESG”) risks; and the strength and depth of the protections afforded the lender through the documentation governing the bond or syndicated loan issuance. A security may be excluded or rejected on the basis of poor ESG performance which Muzinich believes implies heightened risk and may result in the security being less liquid.
Muzinich Funds
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