MML Barings High Yield R4 (MPHRX)

Fund Assets	545.83M
Expense Ratio	1.00%
Min. Investment	$0.00
Turnover	97.00%
Dividend (ttm)	0.50
Dividend Yield	6.39%
Dividend Growth	-3.54%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	7.88
YTD Return	2.97%
1-Year Return	5.76%
5-Year Return	16.83%
52-Week Low	7.74
52-Week High	7.99
Beta (5Y)	0.41
Holdings	311
Inception Date	Apr 1, 2014

About MPHRX

MassMutual High Yield Fund Class R4 is an actively managed mutual fund focused on below‑investment‑grade corporate debt, aiming to deliver a high level of total return with an emphasis on current income. The portfolio primarily invests in lower‑rated U.S. fixed income securities, including bonds rated below BBB‑/Baa3 and certain unrated issues deemed speculative, reflecting its high‑yield bond mandate. The strategy targets broad exposure across the high‑yield market, with hundreds of holdings and a diversified issuer mix to balance credit risk while pursuing income. Its yield profile has been competitive relative to peers, with recent metrics around the mid‑single‑digit range, and an average surveyed credit quality in the B area, typical for the category. The fund’s role in the market is to provide investors access to credit spreads and income potential from non‑investment‑grade issuers, complemented by professional credit selection and risk management. It is positioned as a core satellite within fixed income allocations for those seeking high‑yield exposure, tracking performance versus widely used high‑yield benchmarks while maintaining active flexibility across sectors and capital structures.

• Fund Family: MassMutual
• Category: High Yield Bond
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: MPHRX
• Share Class: Class R4
• Index: Bloomberg U.S. Corporate High Yield TR

Performance

MPHRX had a total return of 5.76% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.68%.

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 Fund Investor Shares	0.22%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
MPHZX	Class I	0.55%
BXHYX	Class Y	0.60%
MPHSX	Class R5	0.65%
DLHYX	Service Class	0.75%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.04077	Jul 31, 2026
Jun 30, 2026	$0.04441	Jun 30, 2026
May 29, 2026	$0.03947	May 29, 2026
Apr 30, 2026	$0.04177	Apr 30, 2026
Mar 31, 2026	$0.04268	Mar 31, 2026
Feb 27, 2026	$0.04171	Mar 2, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

Data Sources Report a data error