MassMutual Global Floating Rate Fund Class Y (BXFYX)
| Fund Assets | 428.69M |
| Expense Ratio | 0.75% |
| Min. Investment | $100,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.73 |
| Dividend Yield | 8.54% |
| Dividend Growth | -11.16% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2025 |
| Previous Close | 8.54 |
| YTD Return | -1.04% |
| 1-Year Return | 3.70% |
| 5-Year Return | n/a |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 278 |
| Inception Date | Sep 16, 2013 |
About BXFYX
BXFYX 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 Y Shares is $100,000 on a standard taxable account. Barings Funds Trust: Barings Global Floating Rate Fund; Class Y Shares seeks a high level of current income. Preservation of capital is a secondary goal. BXFYX 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
BXFYX had a total return of 3.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.97%.
Top 10 Holdings
12.70% of assets| Name | Symbol | Weight |
|---|---|---|
| Fixed Inc Clearing Corp.Repo | n/a | 3.86% |
| Nidda Healthcare Holding Ag 2024 Eur Term Loan B3 | n/a | 1.18% |
| Radiology Partners Inc 2024 Extended Term Loan B | n/a | 1.16% |
| Lorca Holdco Limited 2025 Eur Term Loan B | n/a | 1.14% |
| GAINWELL ACQUISITION CORP. TERM LOAN B | MILACQ L 10.01.27 1 | 0.94% |
| Cep Iv Investment 16 S.A.R.L. Usd 2nd Lien Term Loan | n/a | 0.92% |
| BROADSTREET PARTNERS INC 2024 TERM LOAN B4 | BROPAR L 06.16.31 16 | 0.91% |
| CHARTER NEX US INC 2024 TERM LOAN B1 | CHANEX L 12.02.30 16 | 0.91% |
| MEDLINE BORROWER LP 2024 USD ADD ON TERM LOAN B | MEDIND L 10.23.28 6 | 0.86% |
| Nuuday A S Eur Term Loan B | n/a | 0.83% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2025 | $0.05607 | Apr 1, 2025 |
| Feb 28, 2025 | $0.05237 | Mar 3, 2025 |
| Jan 31, 2025 | $0.0585 | Feb 3, 2025 |
| Dec 31, 2024 | $0.06185 | Jan 2, 2025 |
| Nov 29, 2024 | $0.05491 | Dec 2, 2024 |
| Oct 31, 2024 | $0.06521 | Nov 1, 2024 |