MML Barings Global Floating Rate Y (BXFYX)
| Fund Assets | 104.39M |
| Expense Ratio | 0.75% |
| Min. Investment | $100,000 |
| Turnover | 41.00% |
| Dividend (ttm) | 0.60 |
| Dividend Yield | 7.25% |
| Dividend Growth | -15.95% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 8.30 |
| YTD Return | 1.20% |
| 1-Year Return | 3.39% |
| 5-Year Return | n/a |
| 52-Week Low | 8.25 |
| 52-Week High | 8.64 |
| Beta (5Y) | 0.12 |
| Holdings | 309 |
| 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 3.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.72%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.05317 | Jun 30, 2026 |
| May 29, 2026 | $0.04713 | May 29, 2026 |
| Apr 30, 2026 | $0.04943 | Apr 30, 2026 |
| Mar 31, 2026 | $0.05386 | Mar 31, 2026 |
| Feb 27, 2026 | $0.04591 | Mar 2, 2026 |
| Jan 30, 2026 | $0.04777 | Feb 2, 2026 |