MassMutual Global Floating Rate Fund Class C (BXFCX)
| Fund Assets | 428.69M |
| Expense Ratio | 1.75% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.63 |
| Dividend Yield | 7.30% |
| Dividend Growth | -15.12% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 28, 2025 |
| Previous Close | 8.68 |
| YTD Return | 0.12% |
| 1-Year Return | 4.43% |
| 5-Year Return | n/a |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 279 |
| Inception Date | Sep 16, 2013 |
About BXFCX
BXFCX was founded on 2013-09-16. The Fund's investment strategy focuses on Loan Participation with 1.75% total expense ratio. The minimum amount to invest in Barings Funds Trust: Barings Global Floating Rate Fund; Class C Shares is $1,000 on a standard taxable account. Barings Funds Trust: Barings Global Floating Rate Fund; Class C Shares seeks a high level of current income. Preservation of capital is a secondary goal. BXFCX will invest at least 80% of its net assets in income producing floating rate debt securities, consisting of floating rate loans, bonds and notes, issued primarily by North American and Western European companies.
Performance
BXFCX had a total return of 4.43% in the past year. Since the fund's inception, the average annual return has been 2.73%, including dividends.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| undefined | Fidelity | Fidelity Series Floating Rate High Income Fund | n/a |
Top 10 Holdings
15.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Fixed Inc Clearing Corp.Repo | n/a | 7.01% |
| Radiology Partners Inc 2024 Extended Term Loan B | n/a | 1.11% |
| Nidda Healthcare Holding Ag 2024 Eur Term Loan B3 | n/a | 1.07% |
| GAINWELL ACQUISITION CORP. TERM LOAN B | MILACQ L 10.01.27 1 | 0.89% |
| BROADSTREET PARTNERS INC 2024 TERM LOAN B4 | BROPAR L 06.16.31 16 | 0.87% |
| CHARTER NEX US INC 2024 TERM LOAN B1 | CHANEX L 12.02.30 16 | 0.86% |
| MEDLINE BORROWER LP 2024 USD ADD ON TERM LOAN B | MEDIND L 10.23.28 6 | 0.82% |
| Cep Iv Investment 16 S.A.R.L. Usd 2nd Lien Term Loan | n/a | 0.82% |
| Flint Group Topco Limited Usd First Lien Holdco Facility | n/a | 0.78% |
| PMHC II INC 2022 TERM LOAN B | PRIMIN L 04.23.29 3 | 0.78% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 28, 2025 | $0.04548 | Mar 3, 2025 |
| Jan 31, 2025 | $0.05081 | Feb 3, 2025 |
| Dec 31, 2024 | $0.05383 | Jan 2, 2025 |
| Nov 29, 2024 | $0.04775 | Dec 2, 2024 |
| Oct 31, 2024 | $0.05745 | Nov 1, 2024 |
| Sep 30, 2024 | $0.05856 | Oct 1, 2024 |