Polycrystalline samples of Z-type hexaferrites, having nominal compositions Ba3Co2+xFe24-2xMxO41 where M = Ir 4+ , Hf 4+ , or Mo 4+ and x=0 and 0.05, were processed via ceramic processing protocols in pursuit of low magnetic and dielectric losses as well as equivalent permittivity and permeability. Fine process control was conducted to ensure optimal magnetic properties. Organic dispersants (i.e., isobutylene and maleic anhydride) were employed to achieve maximum densities. Crystallographic structure, characterized by X-ray diffraction, revealed that doping with Ir 4+ , Hf 4+ , or Mo 4+ did not adversely affect the crystal structure and phase purity of the Z-type hexaferrite. The measured microwave and magnetic properties show that the resonant frequency shifts depending on the specific dopant allowing for tunability of the operational frequency and bandwidth. The frequency bandwidth in which permittivity and permeability are very near equal (i.e., ~400 MHz for Mo 4+ (x), where x=0.05 doping) is shown to occur at frequencies between 0.2 and 1.0 GHz depending on dopant type. These results give rise to low loss, i.e., tan δ # /ε & = 0.0006 and tan δ ' /µ & = 0.038 at 650 MHz, with considerable size reduction of an order of magnitude, while maintaining the characteristic impedance of free space (i.e., 377±5W). These results allow for miniaturization and optimized band-pass performance of magnetodielectric materials for communication devices such as antenna and radomes that can be engineered to operate over desired frequency ranges using cost effective and volumetric processing methodologies.