Tue, May 14, 5:48 PM (305 days ago)
Muzinich Corporate Lending Income Fund reported its first quarterly results for the period ending March 31, 2024. The fund's net assets reached $71.94 million, up from $1,000 at the end of 2023, driven by $71.79 million in new capital. Investment income totaled $1.74 million, primarily from interest. Expenses were $1.55 million, including $177,049 in management fees. Net investment income was $192,252. Realized gains were $9,495, offset by $50,329 in unrealized depreciation, leading to a net increase in net assets from operations of $151,418. The fund's investments include $46.89 million in corporate bonds, $4.86 million in senior secured loans, and $17.67 million in short-term investments. Future capital raising and investment strategies are expected to continue.