MassMutual Global Floating Rate Fund Class Y (BXFYX)
| Fund Assets | 128.12M |
| Expense Ratio | 0.75% |
| Min. Investment | $100,000 |
| Turnover | 41.00% |
| Dividend (ttm) | 0.63 |
| Dividend Yield | 7.57% |
| Dividend Growth | -13.72% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 8.37 |
| YTD Return | -0.97% |
| 1-Year Return | 3.02% |
| 5-Year Return | 26.86% |
| 52-Week Low | 7.92 |
| 52-Week High | 8.45 |
| Beta (5Y) | 0.13 |
| Holdings | 303 |
| Inception Date | Sep 16, 2013 |
About BXFYX
MassMutual Global Floating Rate Fund Class Y is an actively managed mutual fund designed to generate a high level of current income through exposure to floating rate debt instruments. The fund primarily invests at least 80% of its net assets in income-producing floating rate loans, bonds, and notes, which typically reset their interest rates periodically based on short-term reference benchmarks. This structure helps the fund respond to changes in prevailing interest rates more quickly than traditional fixed-rate bond strategies. The portfolio focuses on corporate and other credit issuers across global markets, providing diversification across sectors, issuers, and regions. Capital preservation is identified as a secondary objective, guiding risk management and credit selection within the strategy. By concentrating on floating rate securities, the fund occupies a distinct role in the fixed income universe, often used by market participants seeking income with reduced sensitivity to long-term interest rate movements compared with conventional bond funds.
Performance
BXFYX had a total return of 3.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.59%.
Top 10 Holdings
17.06% of assets| Name | Symbol | Weight |
|---|---|---|
| Fixed Inc Clearing Corp.Repo | n/a | 4.77% |
| Eur | n/a | 4.58% |
| Lorca Holdco Limited 2025 Eur Term Loan B | n/a | 1.25% |
| Cd+r Firefly Bidco Limited 2025 Gbp Term Loan | n/a | 1.03% |
| BROADSTREET PARTNERS INC 2024 TERM LOAN B4 | BROPAR.L 06.16.31 16 | 0.91% |
| Lsf10 Xl Bidco Sca 2025 Eur Term Loan B5 | n/a | 0.91% |
| Nuuday A S Eur Term Loan B | n/a | 0.91% |
| Techem Verwaltungsgesellschaft 675 mbh 5.074% | TCHEN.F 07.15.32 REGS | 0.90% |
| Fugue Finance Bv 2025 Eur Term Loan B | n/a | 0.90% |
| Casper Bidco Sas 2025 Eur Term Loan B | n/a | 0.90% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.04777 | Feb 2, 2026 |
| Dec 31, 2025 | $0.05163 | Jan 2, 2026 |
| Nov 28, 2025 | $0.04447 | Dec 1, 2025 |
| Oct 31, 2025 | $0.04974 | Nov 3, 2025 |
| Sep 30, 2025 | $0.05221 | Oct 1, 2025 |
| Aug 29, 2025 | $0.05433 | Sep 2, 2025 |