About BXICX
MassMutual Global Credit Income Opportunities Fund Class C is a mutual fund that seeks an absolute return, primarily through current income and secondarily through capital appreciation. Under normal circumstances, it invests at least 80% of its net assets in a diversified portfolio of debt instruments, including loans, bonds, and notes, with a focus on global high yield and unconstrained credit opportunities. The fund targets issuers primarily in North America and Western Europe, incorporating below investment grade securities, bank loans, mortgage- and asset-backed securities, derivatives, and emerging market debt to pursue its objectives. Its holdings often include a mix of corporate bonds, collateralized loan obligations, term loans, repurchase agreements, and government futures for yield enhancement and risk management. Managed within the Barings Funds Trust and subadvised by Barings LLC, a subsidiary of Massachusetts Mutual Life Insurance Company headquartered in Springfield, Massachusetts, this Class C share class supports monthly income distributions, catering to investors seeking credit income exposure across sectors like corporates, securitized products, and sovereign obligations in the fixed income market.
Fund Family MassMutual
Category High Yield Bond
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol BXICX
Share Class Class C
Index Bloomberg Multiverse TR USD Unhedged
BXICX had a total return of 2.72% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.35%.