Skip to Content
Morningstar

MassMutual Global Floating Rate C BXFCX

Morningstar Medalist Rating
Medalist Rating as of | See MassMutual Investment Hub
  • NAV / 1-Day Return 8.74  /  +0.02 %
  • Total Assets 122.3 Mil
  • Adj. Expense Ratio
    1.730%
  • Expense Ratio 1.750%
  • Distribution Fee Level Below Average
  • Share Class Type Level Load
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 8.35%
  • Effective Duration 0.34 years

USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 12:21 AM GMT+0

Morningstar’s Analysis BXFCX

Will BXFCX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BXFCX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the BXFCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of BXFCX’s parent organization’s priorities and whether they’re in line with investors’ interests.

MassMutual Global Floating Rate C boasts strong People and Process Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings BXFCX

More BXFCX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 10.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fixed Inc Clearing Corp.Repo

8.29 10.5 Mil
Cash and Equivalents

Nidda Healthcare Holding Ag 2020 Eur Tl F

1.20 1.5 Mil
Corporate

Radiology Partners Inc 2024 Extended Term Loan B

1.19 1.5 Mil
Corporate

Verisure Holding Ab 2021 Euro Term Loan

1.16 1.5 Mil
Corporate

TELENET INT FINANCE SARL 2020 EUR TL AQ

1.07 1.4 Mil
Corporate

Ivc Acquisition Ltd 2023 Eur Term Loan B

1.03 1.3 Mil
Corporate

CLYDESDALE ACQ HOLDINGS INC. TERM LOAN B

1.02 1.3 Mil
Corporate

AVEANNA HEALTHCARE LLC 2021 2ND LIEN TERM LOAN

1.00 1.3 Mil
Corporate

Iris Bidco Limited 2018 Gbp Term Loan B

0.99 1.3 Mil
Corporate

1011778 Bc Unlmtd Liability Co 2023 Term Loan B5

0.86 1.1 Mil
Corporate