MassMutual High Yield Fund (DLHYX)
| Fund Assets | 458.15M |
| Expense Ratio | 0.74% |
| Min. Investment | $1,000 |
| Turnover | 69.00% |
| Dividend (ttm) | 0.56 |
| Dividend Yield | 6.85% |
| Dividend Growth | 4.96% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 8.21 |
| YTD Return | 2.30% |
| 1-Year Return | 4.47% |
| 5-Year Return | 21.34% |
| 52-Week Low | 7.78 |
| 52-Week High | 8.22 |
| Beta (5Y) | n/a |
| Holdings | 303 |
| Inception Date | Sep 5, 2000 |
About DLHYX
MassMutual High Yield Fund Service Class is an actively managed open‑end mutual fund focused on below‑investment‑grade corporate credit. Its primary objective is to deliver a high level of total return, emphasizing current income through diversified exposure to high yield bonds across industries and capital structures. The strategy typically balances credit selection with risk controls such as managing effective duration and credit quality tiers consistent with the high yield category. The fund sits within the High Yield Bond category, reflecting its concentration in lower‑rated issuers that offer elevated coupons in exchange for higher credit and liquidity risk. It is part of the MassMutual mutual fund lineup, with investment advisory services provided under the MassMutual Investments umbrella. The portfolio often includes a broad mix of corporate issuers and may hold a modest allocation to cash or short‑term instruments for liquidity and risk management. Within the market, MassMutual High Yield Fund Service Class serves investors seeking bond income and diversified exposure to sub‑investment‑grade credit, functioning as a satellite allocation alongside core fixed income holdings.
Performance
DLHYX had a total return of 4.47% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.48%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VWEHX | Vanguard | Vanguard High-Yield Corporate Inv | 0.22% |
Top 10 Holdings
14.89% of assets| Name | Symbol | Weight |
|---|---|---|
| iShares Broad USD High Yield Corporate Bond ETF | USHY | 2.00% |
| Fixed Inc Clearing Corp.Repo | n/a | 1.75% |
| Wpp Cp Llc 0% | n/a | 1.74% |
| ITT Holdings LLC 6.5% | INTMAT.6.5 08.01.29 144A | 1.60% |
| Seaspan Corporation 5.5% | SSW.5.5 08.01.29 144A | 1.46% |
| Talen Energy Supply LLC 8.625% | TLN.8.625 06.01.30 144A | 1.39% |
| The J M Smucker Company 0% | n/a | 1.31% |
| Jefferson Capital Holdings LLC 8.25% | JEFCAP.8.25 05.15.30 144A | 1.22% |
| Arcosa Inc 4.375% | ACA.4.375 04.15.29 144A | 1.21% |
| PRA Group Inc. 5% | PRAA.5 10.01.29 144A | 1.20% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.04584 | Aug 1, 2025 |
| Jun 30, 2025 | $0.04749 | Jul 1, 2025 |
| May 30, 2025 | $0.04075 | Jun 2, 2025 |
| Apr 30, 2025 | $0.04523 | May 1, 2025 |
| Mar 31, 2025 | $0.04886 | Apr 1, 2025 |
| Feb 28, 2025 | $0.04647 | Mar 3, 2025 |