MassMutual Global Floating Rate Fund Class I (BXFIX)
| Fund Assets | 326.59M |
| Expense Ratio | 0.75% |
| Min. Investment | $500,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.72 |
| Dividend Yield | 8.32% |
| Dividend Growth | -11.84% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 8.62 |
| YTD Return | -0.12% |
| 1-Year Return | 2.81% |
| 5-Year Return | n/a |
| 52-Week Low | 8.42 |
| 52-Week High | 8.81 |
| Beta (5Y) | n/a |
| Holdings | 277 |
| Inception Date | Sep 16, 2013 |
About BXFIX
BXFIX was founded on 2013-09-16. The Fund's investment strategy focuses on Loan Participation with 0.75% total expense ratio. The minimum amount to invest in Barings Funds Trust: Barings Global Floating Rate Fund; Class I Shares is $500,000 on a standard taxable account. Barings Funds Trust: Barings Global Floating Rate Fund; Class I Shares seeks a high level of current income. Preservation of capital is a secondary goal. BXFIX 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
BXFIX had a total return of 2.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.04%.
Top 10 Holdings
12.71% of assets| Name | Symbol | Weight |
|---|---|---|
| Fixed Inc Clearing Corp.Repo | n/a | 3.23% |
| Nidda Healthcare Holding Ag 2024 Eur Term Loan B3 | n/a | 1.30% |
| Lorca Holdco Limited 2025 Eur Term Loan B | n/a | 1.26% |
| Radiology Partners Inc 2024 Extended Term Loan B | n/a | 1.24% |
| GAINWELL ACQUISITION CORP. TERM LOAN B | MILACQ.L 10.01.27 1 | 1.00% |
| Cep Iv Investment 16 S.A.R.L. Usd 2nd Lien Term Loan | n/a | 0.96% |
| BROADSTREET PARTNERS INC 2024 TERM LOAN B4 | BROPAR.L 06.16.31 16 | 0.96% |
| CHARTER NEX US INC 2024 TERM LOAN B1 | CHANEX.L 12.02.30 16 | 0.95% |
| Nuuday A S Eur Term Loan B | n/a | 0.91% |
| Mehilainen Yhtiot Oy 2025 Eur Term Loan B | n/a | 0.91% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.0572 | Jul 1, 2025 |
| May 30, 2025 | $0.05709 | Jun 2, 2025 |
| Apr 30, 2025 | $0.05888 | May 1, 2025 |
| Mar 31, 2025 | $0.05604 | Apr 1, 2025 |
| Feb 28, 2025 | $0.05237 | Mar 3, 2025 |
| Jan 31, 2025 | $0.0585 | Feb 3, 2025 |