Muzinich U.S. High Yield Corporate Bond Fund — new fund registration

PROFESSIONALLY MANAGED PORTFOLIOS registered fund series on Form 485APOS, filed 2021-03-01. Featured series: Muzinich U.S. High Yield Corporate Bond Fund.

Registration

Registrant / trust: PROFESSIONALLY MANAGED PORTFOLIOS
CIK: 0000811030
Form: 485APOS
Filed: 2021-03-01
State of incorporation: MA
Accession: 0000894189-21-001315
Reported net assets: $69.9M

Series & classes (3)

Series	Class	Ticker	New
Muzinich U.S. High Yield Corporate Bond Fund	Class A Shares	MZHRX	—
Muzinich U.S. High Yield Corporate Bond Fund	Institutional Shares	MZHIX	—
Muzinich U.S. High Yield Corporate Bond Fund	Supra Institutional Shares	MZHSX	—

Fees (from the effective prospectus)

12b-1 fee: 0.25%
Gross expense ratio: 1.72%
Management fee: 0.55%
Net expense ratio: 0.93%
Other expenses: 0.82%

Investment objective

The Muzinich Flexible U.S.High Yield Income Fund (the Flexible U.S.High Yield Income Fund or the Fund) seeks to provide a high level of income on a risk-adjusted basis over a full market cycle.

Advisers

Muzinich & Co Inc (Advisor)