Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
MassMutual Global Credit Income Opps L BXIAX
- NAV / 1-Day Return 7.74 / +0.15 %
- Total Assets 132.0 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.160%
- Distribution Fee Level High
- Share Class Type Front Load
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 8.58%
- Effective Duration 1.42 years
USD | NAV as of May 04, 2024 | 1-Day Return as of May 04, 2024, 12:17 AM GMT+0
Morningstar’s Analysis BXIAX
Will BXIAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 8.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Fixed Inc Clearing Corp.Repo | 6.95 | 9.9 Mil | Cash and Equivalents |
Eur | 2.46 | 3.5 Mil | Cash and Equivalents |
Travelex Issuerco 2 PLC 12.5% | 1.81 | 2.6 Mil | Corporate |
Tullow Oil 7% | 1.07 | 1.5 Mil | Corporate |
ELECTRON BIDCO INC. 2021 TERM LOAN | 1.05 | 1.5 Mil | Corporate |
EMRLD BORROWER LP TERM LOAN B | 0.84 | 1.2 Mil | Corporate |
Cep Iv Investment 16 S.A.R.L. Usd 2nd Lien Term Loan | 0.78 | 1.1 Mil | Corporate |
Verisure Holding Ab 2021 Euro Term Loan | 0.75 | 1.1 Mil | Corporate |
Tymon Park CLO Ltd. 10.13% | 0.74 | 1.1 Mil | Securitized |
Global Aircraft Leasing Co Ltd 6.5% | 0.74 | 1.1 Mil | Corporate |