Name
As of 11/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$7.57
$44.1 M
6.86%
$0.52
1.35%
Vitals
YTD Return
2.8%
1 yr return
10.8%
3 Yr Avg Return
-3.3%
5 Yr Avg Return
0.3%
Net Assets
$44.1 M
Holdings in Top 10
23.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.35%
SALES FEES
Front Load 4.00%
Deferred Load N/A
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 11/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$7.57
$44.1 M
6.86%
$0.52
1.35%
BXEAX - Profile
Distributions
- YTD Total Return 2.8%
- 3 Yr Annualized Total Return -3.3%
- 5 Yr Annualized Total Return 0.3%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 4.24%
- Dividend Yield 6.9%
- 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 ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRicardo Adrogué
Fund Description
BXEAX - Performance
Return Ranking - Trailing
Period | BXEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.8% | -5.8% | 469.7% | 66.67% |
1 Yr | 10.8% | -1.0% | 511.1% | 59.52% |
3 Yr | -3.3%* | -8.3% | 59.4% | 95.07% |
5 Yr | 0.3%* | -7.6% | 29.3% | 59.41% |
10 Yr | N/A* | -5.6% | 14.5% | N/A |
* Annualized
Return Ranking - Calendar
Period | BXEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.5% | -10.6% | 17.8% | 61.02% |
2022 | -24.0% | -29.1% | -2.4% | 89.12% |
2021 | -12.8% | -24.0% | 2.7% | 88.61% |
2020 | 8.8% | -14.0% | 9.7% | 1.84% |
2019 | 9.4% | -6.4% | 13.0% | 26.49% |
Total Return Ranking - Trailing
Period | BXEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.8% | -5.8% | 469.7% | 66.67% |
1 Yr | 10.8% | -1.0% | 511.1% | 59.52% |
3 Yr | -3.3%* | -8.3% | 59.4% | 95.07% |
5 Yr | 0.3%* | -7.6% | 29.3% | 59.41% |
10 Yr | N/A* | -5.6% | 14.5% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | BXEAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.6% | -0.6% | 20.0% | 70.51% |
2022 | -18.5% | -27.6% | -1.7% | 88.42% |
2021 | -6.8% | -18.5% | 7.4% | 76.87% |
2020 | 17.7% | -7.8% | 18.0% | 0.74% |
2019 | 17.2% | -3.0% | 23.0% | 6.72% |
NAV & Total Return History
BXEAX - Holdings
Concentration Analysis
BXEAX | Category Low | Category High | BXEAX % Rank | |
---|---|---|---|---|
Net Assets | 44.1 M | 565 K | 14.8 B | 77.63% |
Number of Holdings | 174 | 4 | 1860 | 71.53% |
Net Assets in Top 10 | 10 M | -134 M | 1.25 B | 77.63% |
Weighting of Top 10 | 23.56% | 5.8% | 102.2% | 39.73% |
Top 10 Holdings
- BONDS 10/50 7.25 3.00%
- BONDS 04/41 3 2.81%
- SR UNSECURED 144A 09/36 2.05 2.68%
- SR UNSECURED 04/40 1.5 2.51%
- SR UNSECURED 02/48 8.75 2.39%
- SR UNSECURED 144A 09/27 7.125 2.27%
- BONDS 02/42 6.85 2.24%
- SR UNSECURED 01/44 8.75 2.01%
- SR UNSECURED 144A 06/28 5.9 1.86%
- BONDS 11/47 8 1.78%
Asset Allocation
Weighting | Return Low | Return High | BXEAX % Rank | |
---|---|---|---|---|
Bonds | 96.12% | 0.00% | 105.61% | 37.63% |
Cash | 3.40% | 0.00% | 24.01% | 55.93% |
Convertible Bonds | 2.71% | 0.00% | 8.47% | 6.51% |
Other | 0.48% | -13.89% | 86.73% | 19.66% |
Stocks | 0.00% | -0.01% | 96.53% | 67.46% |
Preferred Stocks | 0.00% | 0.00% | 2.76% | 51.19% |
Bond Sector Breakdown
Weighting | Return Low | Return High | BXEAX % Rank | |
---|---|---|---|---|
Government | 54.94% | 0.00% | 99.79% | 58.56% |
Corporate | 25.95% | 0.00% | 91.26% | 29.79% |
Cash & Equivalents | 0.00% | 0.00% | 23.23% | 85.42% |
Securitized | 0.00% | 0.00% | 2.41% | 56.51% |
Municipal | 0.00% | 0.00% | 0.00% | 49.66% |
Derivative | -0.50% | -3.00% | 13.76% | 91.19% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | BXEAX % Rank | |
---|---|---|---|---|
US | 62.28% | -42.31% | 99.15% | 56.95% |
Non US | 33.84% | 0.00% | 132.49% | 40.34% |
BXEAX - Expenses
Operational Fees
BXEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.35% | 0.02% | 32.92% | 42.18% |
Management Fee | 0.75% | 0.00% | 1.10% | 67.46% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 34.56% |
Administrative Fee | 0.02% | 0.02% | 0.65% | 0.95% |
Sales Fees
BXEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 4.00% | 0.75% | 5.75% | 52.00% |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
BXEAX 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.
BXEAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 218.00% | 88.79% |
BXEAX - Distributions
Dividend Yield Analysis
BXEAX | Category Low | Category High | BXEAX % Rank | |
---|---|---|---|---|
Dividend Yield | 6.86% | 0.00% | 22.22% | 49.49% |
Dividend Distribution Analysis
BXEAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annual | Monthly | Monthly |
Net Income Ratio Analysis
BXEAX | Category Low | Category High | BXEAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 4.24% | -2.28% | 8.00% | 41.32% |
Capital Gain Distribution Analysis
BXEAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 30, 2024 | $0.043 | OrdinaryDividend |
Aug 30, 2024 | $0.039 | OrdinaryDividend |
Jul 31, 2024 | $0.042 | OrdinaryDividend |
Apr 30, 2024 | $0.039 | OrdinaryDividend |
Mar 28, 2024 | $0.030 | OrdinaryDividend |
Feb 29, 2024 | $0.032 | OrdinaryDividend |
Jan 31, 2024 | $0.034 | OrdinaryDividend |
Dec 29, 2023 | $0.030 | OrdinaryDividend |
Nov 30, 2023 | $0.035 | OrdinaryDividend |
Oct 31, 2023 | $0.035 | OrdinaryDividend |
Sep 29, 2023 | $0.034 | OrdinaryDividend |
Aug 31, 2023 | $0.033 | OrdinaryDividend |
Jul 31, 2023 | $0.036 | OrdinaryDividend |
Jun 30, 2023 | $0.035 | OrdinaryDividend |
May 31, 2023 | $0.040 | OrdinaryDividend |
Apr 28, 2023 | $0.031 | OrdinaryDividend |
Mar 31, 2023 | $0.036 | OrdinaryDividend |
Feb 28, 2023 | $0.035 | OrdinaryDividend |
Dec 30, 2022 | $0.039 | OrdinaryDividend |
Nov 30, 2022 | $0.042 | OrdinaryDividend |
Oct 31, 2022 | $0.043 | OrdinaryDividend |
Sep 30, 2022 | $0.015 | ReturnOfCapital |
Sep 30, 2022 | $0.029 | OrdinaryDividend |
Aug 31, 2022 | $0.017 | ReturnOfCapital |
Aug 31, 2022 | $0.031 | OrdinaryDividend |
Jul 29, 2022 | $0.014 | ReturnOfCapital |
Jul 29, 2022 | $0.026 | OrdinaryDividend |
Jun 30, 2022 | $0.013 | ReturnOfCapital |
Jun 30, 2022 | $0.025 | OrdinaryDividend |
May 31, 2022 | $0.015 | ReturnOfCapital |
May 31, 2022 | $0.028 | OrdinaryDividend |
Apr 29, 2022 | $0.014 | ReturnOfCapital |
Apr 29, 2022 | $0.027 | OrdinaryDividend |
Mar 31, 2022 | $0.017 | ReturnOfCapital |
Mar 31, 2022 | $0.032 | OrdinaryDividend |
Feb 28, 2022 | $0.017 | ReturnOfCapital |
Feb 28, 2022 | $0.032 | OrdinaryDividend |
Jan 31, 2022 | $0.017 | ReturnOfCapital |
Jan 31, 2022 | $0.033 | OrdinaryDividend |
Dec 07, 2021 | $0.100 | CapitalGainShortTerm |
Dec 07, 2021 | $0.074 | CapitalGainLongTerm |
Nov 30, 2021 | $0.042 | OrdinaryDividend |
Oct 29, 2021 | $0.046 | OrdinaryDividend |
Sep 30, 2021 | $0.046 | OrdinaryDividend |
Aug 31, 2021 | $0.043 | OrdinaryDividend |
Jul 30, 2021 | $0.043 | OrdinaryDividend |
Jun 30, 2021 | $0.045 | OrdinaryDividend |
May 28, 2021 | $0.047 | OrdinaryDividend |
Apr 30, 2021 | $0.044 | OrdinaryDividend |
Mar 31, 2021 | $0.042 | OrdinaryDividend |
Feb 26, 2021 | $0.039 | OrdinaryDividend |
Jan 29, 2021 | $0.041 | OrdinaryDividend |
Dec 31, 2020 | $0.050 | OrdinaryDividend |
Dec 22, 2020 | $0.198 | CapitalGainShortTerm |
Nov 30, 2020 | $0.051 | OrdinaryDividend |
Oct 30, 2020 | $0.053 | OrdinaryDividend |
Sep 30, 2020 | $0.055 | OrdinaryDividend |
Aug 31, 2020 | $0.054 | OrdinaryDividend |
Jul 31, 2020 | $0.055 | OrdinaryDividend |
Jun 30, 2020 | $0.055 | OrdinaryDividend |
May 29, 2020 | $0.057 | OrdinaryDividend |
Apr 30, 2020 | $0.008 | OrdinaryDividend |
Mar 31, 2020 | $0.043 | OrdinaryDividend |
Feb 28, 2020 | $0.044 | OrdinaryDividend |
Jan 31, 2020 | $0.057 | OrdinaryDividend |
Dec 31, 2019 | $0.055 | OrdinaryDividend |
Nov 29, 2019 | $0.044 | OrdinaryDividend |
Oct 31, 2019 | $0.076 | OrdinaryDividend |
Sep 30, 2019 | $0.050 | OrdinaryDividend |
Aug 30, 2019 | $0.054 | OrdinaryDividend |
Jul 31, 2019 | $0.033 | OrdinaryDividend |
Jun 28, 2019 | $0.045 | OrdinaryDividend |
BXEAX - 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 |
---|---|---|---|
0.15 | 23.87 | 6.49 | 6.11 |