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Trending ETFs

Name

As of 03/21/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$9.86

$9.75 M

0.00%

2.22%

Vitals

YTD Return

N/A

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$9.75 M

Holdings in Top 10

45.8%

52 WEEK LOW AND HIGH

$9.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.22%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$100,000

IRA

$250


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/21/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$9.86

$9.75 M

0.00%

2.22%

BXQYX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.00%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    MassMutual Global Emerging Markets Equity Fund
  • Fund Family Name
    MASSMUTUAL FUNDS
  • Inception Date
    Sep 18, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Y
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    William Palmer

Fund Description

Principal Investment Strategies
Under normal market conditions, the Fund will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity and equity-related securities, including convertible securities, preferred stocks, options, and warrants, of issuers that are economically tied to one or more emerging market countries. The Fund may invest in fixed income securities or debt instruments issued by emerging market entities or sovereign nations. Emerging market countries are defined to include any country that did not become a member of the Organization for Economic Cooperation and Development (O.E.C.D.) prior to 1975 and Turkey.
For purposes of the 80% policy discussed above, a determination that an issuer is economically tied to an emerging market country is based on factors including, but not limited to, whether the issuer is incorporated or listed in one or more emerging market countries, has a significant proportion of its assets or other interests in one or more emerging market countries, or carries on its principal business in or from one or more emerging market countries. The Fund may include exchange-traded funds (“ETFs”) that provide exposure to certain emerging markets for purposes of its 80% policy.
The Fund may invest in all types of securities, many of which will be denominated in currencies other than the U.S. dollar. The securities may be listed on a U.S. or non-U.S. stock exchange or traded in U.S. or non-U.S. over-the-counter markets. In addition to common stocks, the Fund may also
invest in other types of equity securities, such as depositary receipts (including American Depositary Receipts and Global Depositary Receipts), ETFs, and participation rights. Although the Fund’s investment in non-U.S. dollar denominated assets may be on a currency hedged or unhedged basis, under normal market conditions, the Fund seeks to hedge substantially all of its exposure to non-U.S. currencies. The Fund may also invest in fixed income securities and cash and cash equivalents.
The Fund may invest in different regions, countries, industries, and sectors. Under normal market conditions, the Fund allocates its assets among various regions and countries (but in no less than three different countries). The Fund may invest without limit in Russia and China.
In selecting investments for the Fund, the Fund’s subadviser, Barings LLC (“Barings”), or subsubadviser, Baring International Investment Limited (“BIIL”), evaluate investment opportunities on a company-by-company basis. This approach includes seeking to identify growth potential unrecognized by market participants through the analysis of factors such as the company’s future financial performance, business model, and management style, while incorporating wider economic and social trends. Barings or BIIL monitors individual issuers for changes in the factors above, which may trigger a decision to sell a security. These factors may vary in particular cases and may change over time.
The Fund has the flexibility to achieve certain exposures through derivative transactions, including without limitation, forward foreign currency exchange contracts; futures on securities, indexes, currencies, commodities, swaps, and other investments; options; participation notes; and interest rate swaps, cross-currency swaps, total return swaps, and credit default swaps, which may create economic leverage in the Fund. The Fund may engage in derivative transactions to enhance total return, to seek to hedge against fluctuations in securities prices, interest rates, or currency exchange rates, to change the effective duration of its portfolio, to manage certain investment risks, and/or as a substitute for the purchase or sale of securities, currencies, or commodities. Derivatives instruments that provide exposure to equity securities that are economically tied to emerging market countries or to a country Barings or BIIL considers to be equivalent to such countries or have economic characteristics similar to such investments may be used to satisfy the Fund’s 80% policy.
The Fund is non-diversified, which means that it may hold larger positions in a smaller number of issuers than a diversified fund.
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BXQYX - Performance

Return Ranking - Trailing

Period BXQYX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -6.1% 15.0% 97.72%
1 Yr N/A -5.3% 39.7% 97.32%
3 Yr N/A* -23.3% 9.3% 70.29%
5 Yr N/A* -6.7% 11.3% 87.09%
10 Yr N/A* -2.1% 7.1% N/A

* Annualized

Return Ranking - Calendar

Period BXQYX Return Category Return Low Category Return High Rank in Category (%)
2023 3.8% -6.5% 35.5% 91.81%
2022 -18.9% -50.1% -2.4% 13.55%
2021 -9.9% -33.1% 22.5% 71.64%
2020 14.3% -22.1% 80.1% 61.93%
2019 20.7% -0.7% 42.0% 37.94%

Total Return Ranking - Trailing

Period BXQYX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -6.1% 15.0% 97.72%
1 Yr N/A -5.3% 39.7% 97.32%
3 Yr N/A* -23.3% 9.3% 70.29%
5 Yr N/A* -6.7% 11.3% 87.09%
10 Yr N/A* -2.1% 7.1% N/A

* Annualized

Total Return Ranking - Calendar

Period BXQYX Return Category Return Low Category Return High Rank in Category (%)
2023 6.6% -2.7% 42.0% 84.16%
2022 -17.6% -42.2% 1.9% 18.12%
2021 -6.7% -32.5% 33.1% 81.87%
2020 15.3% -20.0% 81.6% 65.44%
2019 24.5% 2.3% 42.0% 26.98%

NAV & Total Return History


BXQYX - Holdings

Concentration Analysis

BXQYX Category Low Category High BXQYX % Rank
Net Assets 9.75 M 653 K 96.1 B 93.91%
Number of Holdings 57 10 6829 82.25%
Net Assets in Top 10 4.65 M 299 K 17.9 B 90.73%
Weighting of Top 10 45.79% 2.9% 122.2% 9.95%

Top 10 Holdings

  1. COMMON STOCK TWD10.0 10.05%
  2. COMMON STOCK KRW100.0 8.83%
  3. COMMON STOCK HKD.00002 5.40%
  4. ADR 3.82%
  5. GDR 3.74%
  6. COMMON STOCK USD.000003125 3.66%
  7. DEPOSITORY RECEIPT 2.76%
  8. COMMON STOCK KRW5000.0 2.68%
  9. COMMON STOCK TWD10.0 2.60%
  10. COMMON STOCK KRW5000. 2.25%

Asset Allocation

Weighting Return Low Return High BXQYX % Rank
Stocks
95.70% 0.00% 103.65% 65.43%
Preferred Stocks
2.27% 0.00% 10.17% 22.78%
Other
1.85% -1.64% 50.31% 5.03%
Cash
0.18% -2.03% 20.51% 89.93%
Convertible Bonds
0.00% 0.00% 7.40% 16.53%
Bonds
0.00% 0.00% 94.30% 26.09%

Stock Sector Breakdown

Weighting Return Low Return High BXQYX % Rank
Technology
27.43% 0.00% 47.50% 21.58%
Financial Services
25.40% 0.00% 48.86% 21.05%
Consumer Cyclical
13.73% 0.00% 48.94% 31.64%
Communication Services
9.22% 0.00% 39.29% 46.25%
Basic Materials
8.54% 0.00% 30.03% 45.71%
Energy
5.69% 0.00% 24.80% 28.55%
Real Estate
3.30% 0.00% 17.15% 16.22%
Consumer Defense
3.15% 0.00% 25.90% 89.81%
Utilities
2.04% 0.00% 39.12% 36.86%
Industrials
1.42% 0.00% 43.53% 94.37%
Healthcare
0.07% 0.00% 16.53% 96.25%

Stock Geographic Breakdown

Weighting Return Low Return High BXQYX % Rank
Non US
80.10% 0.00% 100.18% 65.17%
US
15.60% 0.00% 101.58% 32.98%

BXQYX - Expenses

Operational Fees

BXQYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.22% 0.03% 24.48% 16.62%
Management Fee 0.90% 0.00% 2.00% 48.81%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.03% 0.01% 0.85% 5.24%

Sales Fees

BXQYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

BXQYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

BXQYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 189.00% 10.66%

BXQYX - Distributions

Dividend Yield Analysis

BXQYX Category Low Category High BXQYX % Rank
Dividend Yield 0.00% 0.00% 9.75% 27.81%

Dividend Distribution Analysis

BXQYX Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual Annually Quarterly Annual

Net Income Ratio Analysis

BXQYX Category Low Category High BXQYX % Rank
Net Income Ratio 2.00% -1.98% 17.62% 16.21%

Capital Gain Distribution Analysis

BXQYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

BXQYX - Fund Manager Analysis

Managers

William Palmer


Start Date

Tenure

Tenure Rank

Sep 17, 2018

3.7

3.7%

Mr. Palmer is a Managing Director and Co-Head for Emerging and Frontier Equities Team. He is responsible for and oversees Baring's Asia ex Japan investment function. Prior to joining Barings in October 2011, he was Senior Asset Manager/Head of Asia ex Japan Equities at KBC Asset Management in Dublin. During his time at KBC Asset Management, he also held the roles of Asset Manager focusing on Asia ex Japan Equities and Equity Analyst responsible for producing equity research on Irish and Asian companies. William has an honours degree in Business Studies, majoring in Economics and Finance from the University of Limerick.

Michael Levy


Start Date

Tenure

Tenure Rank

Sep 17, 2018

3.7

3.7%

Michael is an Investment Manager in the EMEA & Global Frontier Markets Equity Team and is the lead manager for the Baring Russia Fund and Baring Frontier Markets Fund. He joined Barings in July 2012 after 17 years at AllianceBernstein where he held a number of equity portfolio management and research roles. His most recent responsibility before joining Barings was Portfolio Manager for Emerging and International equity portfolios. Michael began his career in 1992 at Grant Thornton Chartered Accountants as a Partner Trainee. He has a BA (Hons) in Economics and Social Studies from the University of Manchester.

Isabelle Irish


Start Date

Tenure

Tenure Rank

May 01, 2021

1.08

1.1%

Isabelle Irish joined Barings in June 2013 as an Investment Manager in the Global Emerging Markets Equity Team and is co-manager on a number of strategies, including Barings’ flagship Global Emerging Markets Fund. Prior to joining Barings, Isabelle spent eight years at Pictet Asset Management, initially as an analyst in the Global Emerging Markets Team before moving to her most recent role as Latin America Portfolio Manager. Isabelle has a First Class Honours Degree in Mathematics with French from the University of Birmingham, she passed the IMC examinations in 2005 and was awarded the CFA designation in 2009. Isabelle is fluent in French.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 33.71 6.5 13.42