The electrical and magnetic properties of polycrystalline as-sintered and annealed Co0.3Mn0.2Zn0.5Fe2O4 prepared by using conventional electroceramic processing steps in the laboratory are presented. The microstructures are examined via scanning electron micrographs and energy dispersive X-ray (EDX) analysis. The ac electrical behavior represented via complex plane plots in the frequency range 160–211 MHz reveals inductive contribution via resonance originated within the material system. The ac permeability is presented in the frequency range 50–300 MHz affirmed resonance behavior. The inductive response in the complex planes (impedance Z* and modulus M*) reflecting resonance behavior due to magnetic softness is obvious around 140 MHz whereas in the permeability dispersion negative domain is observed at about 150 MHz attributing to the spin rotation.