Muzinich BDC Income Fund - Active ETF
Performance
Total return to 23 Oct 2026, distributions reinvested, before franking. ASX figures are to 30 Sept 2026 and gross of franking, so they run higher for franked Australian funds.
What it costs to hold
Management fee plus trading costs, compared with similar funds.
A typical fund among fixed income funds would cost $263 (0.53% a year), so BDCI is $227 dearer.
Spread is the average gap between buying and selling prices on the ASX. Fees are shown on a flat balance, not compounded on growth. Excludes tax and any adviser or platform fees.
Calendar-year returns
No full calendar year yet.
Where the money is
The issuer does not publish machine-readable holdings for this fund, so exposures and holdings overlap are not available. Return correlations still are.
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −1.0 | −3.0 | 3.9 | −3.3 | 2.1 | −2.0 | −4.7 | −8.0YTD |
Total return each month in %, distributions reinvested, before franking. The latest month runs to the last price date. The first year starts from listing.
Most similar funds
Overlap is the share of the portfolio held in common, look-through. Correlation is of daily returns. High overlap means close substitutes.
No similar funds computed yet.
BDCI questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is Muzinich BDC Income Fund - Active ETF?
The issuer of Muzinich BDC Income Fund - Active ETF doesn't publish its holdings in a form we can read, so we can't measure how diversified it is. It is classed as fixed income with a Global focus; the product disclosure statement (PDS) and the issuer's fact sheet list what it owns.
Which ETFs does BDCI double up with most?
We can't compare holdings for BDCI, as the issuer doesn't publish them in a form we can read, and no fund's returns track it closely, so it offers a fairly distinct exposure.
How is Muzinich BDC Income Fund - Active ETF managed – active or passive?
Muzinich BDC Income Fund - Active ETF is actively managed. Rather than tracking an index, a fund manager at Muzinich / AGP decides what to buy and sell, aiming to do better than the market after fees.
What will I pay in fees for BDCI?
BDCI charges a management fee of 0.95% a year, about $95 for every $10,000 invested. Only 14% of the 471 ASX ETFs we track charge more, and the median fee is 0.44%. Among fixed income funds, the median is 0.50%.
Lower-cost funds with a similar focus include Western Asset Enhanced Income Fund - Active ETF (FEIF) at 0.50%, Macquarie Income Opportunities Active ETF (MQIO) at 0.49% and State Street Blackstone High Income (AUD Hedged) Active ETF (SBHI) at 0.70%.
The fee is taken from the fund's assets and is already reflected in its returns. You'll also pay brokerage when you buy or sell, and the bid-ask spread, which has averaged 0.15% for BDCI.
Does Muzinich BDC Income Fund - Active ETF follow a theme?
Its focus is income. It favours investments that pay higher, regular distributions. Over the past year it paid out 1.0% of its price, across 6 payments.
What is under the hood of BDCI?
The issuer doesn't publish BDCI's holdings in a form we can read. Its website and fact sheet list the full portfolio.
As an active fund it has no index rule: the manager decides which investments to hold and how much of each, within the limits set out in the PDS.
How well has Muzinich BDC Income Fund - Active ETF performed?
Based on its category, Muzinich BDC Income Fund - Active ETF aims mainly to pay a regular income, with capital growth secondary.
BDCI doesn't have a full year of price history yet, so we can't judge its performance.
As an active fund, BDCI has no index to track. The fairer test is whether it beats similar funds and its market after fees, over several years.
Past performance is not a reliable indicator of future performance.