Name
As of 05/02/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$7.44
$44.7 M
4.10%
$0.30
2.08%
Vitals
YTD Return
-2.3%
1 yr return
7.0%
3 Yr Avg Return
-7.8%
5 Yr Avg Return
-0.6%
Net Assets
$44.7 M
Holdings in Top 10
23.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.08%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/02/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$7.44
$44.7 M
4.10%
$0.30
2.08%
BXECX - Profile
Distributions
- YTD Total Return -2.3%
- 3 Yr Annualized Total Return -7.8%
- 5 Yr Annualized Total Return -0.6%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.48%
- Dividend Yield 4.1%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameMassMutual Emerging Markets Debt Blended Total Return Fund
-
Fund Family NameMASSMUTUAL FUNDS
-
Inception DateOct 21, 2015
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRicardo Adrogué
Fund Description
BXECX - Performance
Return Ranking - Trailing
Period | BXECX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -2.3% | -6.5% | 7.0% | 79.47% |
1 Yr | 7.0% | -7.9% | 21.3% | 53.97% |
3 Yr | -7.8%* | -14.8% | 4.1% | 95.19% |
5 Yr | -0.6%* | -9.3% | 6.3% | 86.40% |
10 Yr | N/A* | -6.0% | 4.8% | N/A |
* Annualized
Return Ranking - Calendar
Period | BXECX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.3% | -10.6% | 17.8% | 61.59% |
2022 | -23.9% | -29.1% | -2.4% | 87.67% |
2021 | -12.7% | -24.0% | 2.7% | 88.07% |
2020 | 8.8% | -14.0% | 9.7% | 2.17% |
2019 | 9.4% | -6.4% | 13.0% | 26.84% |
Total Return Ranking - Trailing
Period | BXECX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -2.3% | -6.5% | 7.0% | 79.47% |
1 Yr | 7.0% | -7.9% | 21.3% | 53.97% |
3 Yr | -7.8%* | -14.8% | 4.1% | 95.19% |
5 Yr | -0.6%* | -9.3% | 6.3% | 86.40% |
10 Yr | N/A* | -6.0% | 4.8% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | BXECX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.1% | -0.6% | 20.0% | 74.50% |
2022 | -19.1% | -27.6% | -1.7% | 90.75% |
2021 | -10.9% | -18.5% | 7.4% | 97.89% |
2020 | 17.2% | -7.8% | 18.0% | 1.45% |
2019 | 12.5% | -3.0% | 23.0% | 64.71% |
NAV & Total Return History
BXECX - Holdings
Concentration Analysis
BXECX | Category Low | Category High | BXECX % Rank | |
---|---|---|---|---|
Net Assets | 44.7 M | 565 K | 14.4 B | 76.49% |
Number of Holdings | 159 | 4 | 1779 | 73.84% |
Net Assets in Top 10 | 11 M | -134 M | 1.25 B | 76.16% |
Weighting of Top 10 | 23.84% | 5.1% | 101.4% | 35.79% |
Top 10 Holdings
- SR UNSECURED 144A 09/36 2.05 3.16%
- BONDS 04/41 3 2.95%
- BONDS 04/40 1.5 2.54%
- BONDS REGS 08/28 2.5 2.39%
- BONDS 02/42 6.85 2.30%
- BONDS 11/47 8 2.28%
- SR UNSECURED 12/26 10.5 2.19%
- SR UNSECURED 144A 12/32 VAR 2.08%
- COMPANY GUAR REGS 12/99 VAR 2.04%
- FIXED INC CLEARING CORP.REPO 1.92%
Asset Allocation
Weighting | Return Low | Return High | BXECX % Rank | |
---|---|---|---|---|
Bonds | 92.98% | 0.91% | 99.54% | 56.95% |
Cash | 4.28% | 0.00% | 21.93% | 58.61% |
Other | 2.74% | -9.56% | 88.17% | 11.92% |
Convertible Bonds | 2.71% | 0.00% | 8.47% | 6.69% |
Stocks | 0.00% | -0.01% | 93.55% | 91.06% |
Preferred Stocks | 0.00% | 0.00% | 1.28% | 89.40% |
Bond Sector Breakdown
Weighting | Return Low | Return High | BXECX % Rank | |
---|---|---|---|---|
Government | 54.94% | 0.00% | 99.79% | 57.86% |
Corporate | 25.95% | 0.00% | 93.26% | 31.44% |
Derivative | 0.83% | -1.03% | 7.35% | 7.95% |
Cash & Equivalents | 0.57% | 0.00% | 23.23% | 65.23% |
Securitized | 0.00% | 0.00% | 2.41% | 90.64% |
Municipal | 0.00% | 0.00% | 0.00% | 88.63% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | BXECX % Rank | |
---|---|---|---|---|
US | 60.57% | -42.31% | 99.01% | 57.95% |
Non US | 32.41% | 0.00% | 132.49% | 42.38% |
BXECX - Expenses
Operational Fees
BXECX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.08% | 0.02% | 35.56% | 16.28% |
Management Fee | 0.75% | 0.00% | 1.10% | 72.52% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 98.56% |
Administrative Fee | N/A | 0.02% | 0.65% | 8.00% |
Sales Fees
BXECX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.75% | 5.75% | N/A |
Deferred Load | 1.00% | 1.00% | 4.00% | 94.74% |
Trading Fees
BXECX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.75% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
BXECX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 218.00% | 89.09% |
BXECX - Distributions
Dividend Yield Analysis
BXECX | Category Low | Category High | BXECX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.10% | 0.00% | 22.27% | 71.85% |
Dividend Distribution Analysis
BXECX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
BXECX | Category Low | Category High | BXECX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.48% | -2.28% | 8.00% | 78.31% |
Capital Gain Distribution Analysis
BXECX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 30, 2024 | $0.034 | OrdinaryDividend |
Mar 28, 2024 | $0.025 | OrdinaryDividend |
Feb 29, 2024 | $0.028 | OrdinaryDividend |
Jan 31, 2024 | $0.029 | OrdinaryDividend |
Dec 29, 2023 | $0.025 | OrdinaryDividend |
Nov 30, 2023 | $0.030 | OrdinaryDividend |
Oct 31, 2023 | $0.031 | OrdinaryDividend |
Sep 29, 2023 | $0.030 | OrdinaryDividend |
Aug 31, 2023 | $0.028 | OrdinaryDividend |
Jul 31, 2023 | $0.032 | OrdinaryDividend |
Jun 30, 2023 | $0.030 | OrdinaryDividend |
May 31, 2023 | $0.035 | OrdinaryDividend |
Apr 28, 2023 | $0.028 | OrdinaryDividend |
Mar 31, 2023 | $0.031 | OrdinaryDividend |
Mar 01, 2023 | $0.030 | OrdinaryDividend |
Feb 01, 2023 | $0.032 | OrdinaryDividend |
Dec 30, 2022 | $0.035 | OrdinaryDividend |
Dec 01, 2022 | $0.038 | OrdinaryDividend |
Nov 30, 2022 | $0.038 | OrdinaryDividend |
Nov 01, 2022 | $0.039 | OrdinaryDividend |
Oct 03, 2022 | $0.040 | OrdinaryDividend |
Sep 01, 2022 | $0.041 | OrdinaryDividend |
Aug 01, 2022 | $0.036 | OrdinaryDividend |
Jul 01, 2022 | $0.034 | OrdinaryDividend |
Jun 01, 2022 | $0.038 | OrdinaryDividend |
May 02, 2022 | $0.037 | OrdinaryDividend |
Apr 01, 2022 | $0.046 | OrdinaryDividend |
Mar 01, 2022 | $0.044 | OrdinaryDividend |
Feb 01, 2022 | $0.044 | OrdinaryDividend |
Jun 01, 2021 | $0.040 | DailyAccrualFund |
May 03, 2021 | $0.037 | DailyAccrualFund |
Apr 01, 2021 | $0.035 | DailyAccrualFund |
Mar 01, 2021 | $0.033 | DailyAccrualFund |
Feb 01, 2021 | $0.034 | DailyAccrualFund |
Jan 04, 2021 | $0.043 | DailyAccrualFund |
Dec 01, 2020 | $0.045 | DailyAccrualFund |
Nov 02, 2020 | $0.046 | DailyAccrualFund |
Oct 01, 2020 | $0.048 | DailyAccrualFund |
Sep 01, 2020 | $0.046 | DailyAccrualFund |
Aug 03, 2020 | $0.049 | DailyAccrualFund |
Jul 01, 2020 | $0.048 | DailyAccrualFund |
Jun 01, 2020 | $0.051 | DailyAccrualFund |
May 01, 2020 | $0.007 | DailyAccrualFund |
Apr 01, 2020 | $0.038 | DailyAccrualFund |
Mar 02, 2020 | $0.038 | DailyAccrualFund |
Feb 03, 2020 | $0.051 | DailyAccrualFund |
Jan 02, 2020 | $0.049 | DailyAccrualFund |
Dec 02, 2019 | $0.038 | DailyAccrualFund |
Nov 01, 2019 | $0.072 | DailyAccrualFund |
Oct 01, 2019 | $0.045 | DailyAccrualFund |
Sep 03, 2019 | $0.048 | DailyAccrualFund |
Aug 01, 2019 | $0.028 | DailyAccrualFund |
Jul 01, 2019 | $0.040 | OrdinaryDividend |
Jun 03, 2019 | $0.040 | DailyAccrualFund |
May 01, 2019 | $0.056 | DailyAccrualFund |
Apr 01, 2019 | $0.047 | DailyAccrualFund |
Mar 01, 2019 | $0.062 | DailyAccrualFund |
Feb 01, 2019 | $0.041 | DailyAccrualFund |
Jan 02, 2019 | $0.043 | DailyAccrualFund |
Dec 03, 2018 | $0.030 | DailyAccrualFund |
Nov 01, 2018 | $0.044 | DailyAccrualFund |
Sep 04, 2018 | $0.048 | DailyAccrualFund |
Aug 01, 2018 | $0.044 | DailyAccrualFund |
Jul 02, 2018 | $0.037 | DailyAccrualFund |
Jun 01, 2018 | $0.031 | DailyAccrualFund |
May 01, 2018 | $0.031 | DailyAccrualFund |
Apr 02, 2018 | $0.030 | DailyAccrualFund |
Mar 01, 2018 | $0.063 | DailyAccrualFund |
Feb 01, 2018 | $0.039 | DailyAccrualFund |
Dec 29, 2017 | $0.045 | DailyAccrualFund |
Dec 01, 2017 | $0.037 | DailyAccrualFund |
Nov 01, 2017 | $0.040 | DailyAccrualFund |
Oct 02, 2017 | $0.036 | DailyAccrualFund |
Sep 01, 2017 | $0.055 | DailyAccrualFund |
Aug 01, 2017 | $0.034 | DailyAccrualFund |
Jul 03, 2017 | $0.037 | DailyAccrualFund |
Jun 01, 2017 | $0.034 | DailyAccrualFund |
BXECX - Fund Manager Analysis
Managers
Ricardo Adrogué
Start Date
Tenure
Tenure Rank
Oct 21, 2015
6.61
6.6%
Dr. Adrogué is a Managing Director and Head of Barings’ Global Sovereign Debt and Currencies Group. He is the lead portfolio manager for the Emerging Markets Local Debt strategy and Blended Total Return Debt strategy, and backup portfolio manager for the Emerging Markets Sovereign Hard Currency Debt strategy. Dr. Adrogué has worked in the industry since 1992 and his experience has encompassed portfolio management, economic strategy and academia. Prior to joining the firm in 2013, he was at Cabezon Investment Group, LLC as well as at Wellington Management Company where he built a successful track record for the Emerging Markets Local Debt program and managed over $11 billion. Before Wellington, he worked at the International Monetary Fund conducting inflation modeling work for central banks and was country desk for Brazil, Costa Rica, and Trinidad and Tobago. He also worked with Salomon Smith Barney/Citigroup as a vice president of markets and economic analysis, a senior economist and strategist for Panama and Peru, and New York University as an adjunct professor of Latin American Economics. Dr. Adrogué holds a B.A. in Economics from the Universidad Católica Argentina, an M.A. in Economics and a Ph.D. from the University of California, Los Angeles.
Cem Karacadag
Start Date
Tenure
Tenure Rank
Oct 21, 2015
6.61
6.6%
Mr. Karacadag is a Managing Director and Head of Barings’ Emerging Markets Sovereign Debt Group. He is the lead portfolio manager for the Emerging Markets Sovereign Debt strategy and backup portfolio manager for the firm’s Emerging Markets Sovereign Local Debt strategy and Blended Total Return strategy. Mr. Karacadag has worked in the industry since 1994 and his experience has encompassed sovereign credit analysis, macroeconomic policy research and advice, and emerging markets fixed income strategy. Prior to joining the firm in 2014, he was at OppenheimerFunds, where he worked on sovereign hard currency and local currency investments in Eastern Europe and Asia. Before Oppenheimer, he worked at Credit Suisse covering emerging market sovereigns in Asia and Latin America, and at the International Monetary Fund, where he focused on monetary policy instruments, exchange rate policy and bank restructuring in China, Indonesia and Eastern Europe. He also held positions at Standard & Poor’s and the Federal Reserve Bank of New York. Mr. Karacadag holds a B.A. in Economics from Tufts University and an M.A. in International Economics and European Studies from Johns Hopkins University.
Natalia Krol
Start Date
Tenure
Tenure Rank
Aug 02, 2018
3.83
3.8%
Ms. Krol is a Director and portfolio manager of Barings’ Emerging Markets Blended Total Return strategy. Prior to joining Barings, she was a Credit Analyst at Schroders Investment Management, where she covered natural resources and capital goods sectors across emerging markets, European high yield and investment grade markets, and a European High Yield Research Analyst at Barclays Capital.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 23.87 | 6.39 | 6.11 |