MassMutual High Yield Fund
Name
As of 04/30/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.9%
1 yr return
8.1%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$421 M
Holdings in Top 10
16.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.65%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 68.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/30/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BXHCX - Profile
Distributions
- YTD Total Return 0.9%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 5.7%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameMassMutual High Yield Fund
-
Fund Family NameMASSMUTUAL FUNDS
-
Inception DateDec 13, 2021
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerScott Roth
Fund Description
BXHCX - Performance
Return Ranking - Trailing
Period | BXHCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.9% | -7.4% | 6.5% | 36.26% |
1 Yr | 8.1% | -8.2% | 18.0% | 55.59% |
3 Yr | N/A* | -16.7% | 20.2% | 95.22% |
5 Yr | N/A* | -12.2% | 36.5% | 94.65% |
10 Yr | N/A* | -5.0% | 19.4% | 49.17% |
* Annualized
Return Ranking - Calendar
Period | BXHCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.9% | -4.7% | 14.3% | 32.60% |
2022 | N/A | -33.4% | 3.6% | 36.45% |
2021 | N/A | -8.4% | 14.9% | 77.48% |
2020 | N/A | -13.9% | 302.7% | 76.10% |
2019 | N/A | -4.4% | 13.3% | 61.21% |
Total Return Ranking - Trailing
Period | BXHCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.9% | -7.4% | 6.5% | 36.26% |
1 Yr | 8.1% | -8.2% | 18.0% | 55.59% |
3 Yr | N/A* | -16.7% | 20.2% | 95.64% |
5 Yr | N/A* | -12.2% | 36.5% | 95.23% |
10 Yr | N/A* | -5.0% | 19.4% | 45.49% |
* Annualized
Total Return Ranking - Calendar
Period | BXHCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.4% | -4.7% | 18.2% | 40.79% |
2022 | N/A | -33.4% | 47.8% | 36.45% |
2021 | N/A | -8.4% | 24.8% | 77.48% |
2020 | N/A | -9.6% | 325.6% | 76.91% |
2019 | N/A | 0.9% | 21.5% | 68.28% |
NAV & Total Return History
BXHCX - Holdings
Concentration Analysis
BXHCX | Category Low | Category High | BXHCX % Rank | |
---|---|---|---|---|
Net Assets | 421 M | 1.45 M | 23.6 B | 59.25% |
Number of Holdings | 304 | 2 | 2736 | 59.22% |
Net Assets in Top 10 | 66.6 M | -492 M | 4.55 B | 55.00% |
Weighting of Top 10 | 16.11% | 4.2% | 146.9% | 35.31% |
Top 10 Holdings
- Prime Portfolio 4.88%
- SR UNSECURED 144A 09/24 6.5 1.93%
- SR UNSECURED 144A 05/25 6.625 1.62%
- COMPANY GUAR 144A 04/33 6.4 1.30%
- SHORT TERMS 1.21%
- SHORT TERMS 1.18%
- SR SECURED 144A 01/28 9 1.03%
- SR SECURED 144A 06/31 5.5 1.00%
- COMPANY GUAR 05/26 6.25 0.98%
- COMPANY GUAR 03/32 8.75 0.98%
Asset Allocation
Weighting | Return Low | Return High | BXHCX % Rank | |
---|---|---|---|---|
Bonds | 93.76% | -3.13% | 154.38% | 62.99% |
Cash | 11.54% | -52.00% | 48.07% | 7.50% |
Convertible Bonds | 1.03% | 0.00% | 17.89% | 52.97% |
Other | 0.89% | -63.70% | 102.57% | 14.38% |
Stocks | 0.11% | 0.00% | 99.54% | 58.63% |
Preferred Stocks | 0.00% | 0.00% | 7.88% | 79.84% |
Bond Sector Breakdown
Weighting | Return Low | Return High | BXHCX % Rank | |
---|---|---|---|---|
Corporate | 98.29% | 0.00% | 129.69% | 12.21% |
Cash & Equivalents | 11.54% | 0.00% | 48.07% | 6.56% |
Derivative | 0.00% | -15.04% | 42.26% | 82.50% |
Securitized | 0.00% | 0.00% | 97.24% | 100.00% |
Municipal | 0.00% | 0.00% | 4.66% | 99.69% |
Government | 0.00% | 0.00% | 99.07% | 99.84% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | BXHCX % Rank | |
---|---|---|---|---|
US | 93.76% | -3.13% | 129.21% | 50.94% |
Non US | 0.00% | 0.00% | 98.19% | 80.00% |
BXHCX - Expenses
Operational Fees
BXHCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.65% | 0.02% | 38.33% | 18.10% |
Management Fee | 0.47% | 0.00% | 1.84% | 24.30% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 93.33% |
Administrative Fee | N/A | 0.00% | 0.50% | 8.17% |
Sales Fees
BXHCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | 1.00% | 1.00% | 5.00% | 70.73% |
Trading Fees
BXHCX 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.
BXHCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 68.00% | 1.00% | 255.00% | 61.22% |
BXHCX - Distributions
Dividend Yield Analysis
BXHCX | Category Low | Category High | BXHCX % Rank | |
---|---|---|---|---|
Dividend Yield | 5.69% | 0.00% | 11.76% | 69.41% |
Dividend Distribution Analysis
BXHCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
BXHCX | Category Low | Category High | BXHCX % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -2.39% | 14.30% | 60.52% |
Capital Gain Distribution Analysis
BXHCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 28, 2024 | $0.037 | OrdinaryDividend |
Feb 29, 2024 | $0.040 | OrdinaryDividend |
Jan 31, 2024 | $0.042 | OrdinaryDividend |
Dec 29, 2023 | $0.036 | OrdinaryDividend |
Nov 30, 2023 | $0.038 | OrdinaryDividend |
Oct 31, 2023 | $0.038 | OrdinaryDividend |
Sep 29, 2023 | $0.037 | OrdinaryDividend |
Aug 31, 2023 | $0.036 | OrdinaryDividend |
Jul 31, 2023 | $0.035 | OrdinaryDividend |
Jun 30, 2023 | $0.035 | OrdinaryDividend |
May 31, 2023 | $0.039 | OrdinaryDividend |
Apr 28, 2023 | $0.032 | OrdinaryDividend |
Mar 31, 2023 | $0.035 | OrdinaryDividend |
Mar 01, 2023 | $0.034 | OrdinaryDividend |
Feb 01, 2023 | $0.036 | OrdinaryDividend |
Dec 30, 2022 | $0.034 | OrdinaryDividend |
Dec 01, 2022 | $0.035 | OrdinaryDividend |
Nov 30, 2022 | $0.035 | OrdinaryDividend |
Nov 01, 2022 | $0.035 | OrdinaryDividend |
Oct 03, 2022 | $0.035 | OrdinaryDividend |
Sep 01, 2022 | $0.034 | OrdinaryDividend |
Aug 01, 2022 | $0.032 | OrdinaryDividend |
Jul 01, 2022 | $0.032 | OrdinaryDividend |
Jun 01, 2022 | $0.022 | OrdinaryDividend |
May 02, 2022 | $0.031 | OrdinaryDividend |
Apr 01, 2019 | $0.043 | DailyAccrualFund |
Mar 01, 2019 | $0.044 | DailyAccrualFund |
Feb 01, 2019 | $0.043 | DailyAccrualFund |
Jan 02, 2019 | $0.042 | DailyAccrualFund |
Dec 03, 2018 | $0.042 | DailyAccrualFund |
Nov 01, 2018 | $0.044 | DailyAccrualFund |
Sep 04, 2018 | $0.035 | DailyAccrualFund |
Aug 01, 2018 | $0.047 | DailyAccrualFund |
Jul 02, 2018 | $0.042 | DailyAccrualFund |
Jun 01, 2018 | $0.040 | DailyAccrualFund |
May 01, 2018 | $0.045 | DailyAccrualFund |
Apr 02, 2018 | $0.045 | DailyAccrualFund |
Mar 01, 2018 | $0.044 | DailyAccrualFund |
Feb 01, 2018 | $0.041 | DailyAccrualFund |
Dec 29, 2017 | $0.046 | DailyAccrualFund |
Nov 01, 2017 | $0.042 | DailyAccrualFund |
Oct 02, 2017 | $0.047 | DailyAccrualFund |
Sep 01, 2017 | $0.047 | DailyAccrualFund |
Aug 01, 2017 | $0.046 | DailyAccrualFund |
Jul 03, 2017 | $0.046 | DailyAccrualFund |
Jun 01, 2017 | $0.047 | DailyAccrualFund |
May 01, 2017 | $0.046 | DailyAccrualFund |
Apr 03, 2017 | $0.048 | DailyAccrualFund |
Mar 01, 2017 | $0.049 | DailyAccrualFund |
Feb 01, 2017 | $0.048 | DailyAccrualFund |
Jan 03, 2017 | $0.048 | DailyAccrualFund |
BXHCX - Fund Manager Analysis
Managers
Scott Roth
Start Date
Tenure
Tenure Rank
Dec 03, 2010
11.5
11.5%
Scott Roth is Co-Head of Barings’ U.S. High Yield Investments Group, Chair of the U.S. High Yield Investment Committee and a member of the Global High Yield Allocation Committee. His responsibilities include portfolio management for various high yield bond total return strategies. Scott has worked in the industry since 1993 and his experience has encompassed fund management, underwriting, leveraged loans and high yield. Prior to joining the firm in 2002, he was a vice president at Webster Bank and was a high yield analyst at Times Square Capital Management. He also served as an underwriter at Chubb Insurance Company. Scott holds a B.B.A. from Western Michigan University, an M.B.A. from the Ross School of Business at University of Michigan and is a member of the CFA Institute.
Sean Feeley
Start Date
Tenure
Tenure Rank
Dec 03, 2010
11.5
11.5%
Sean Feeley is a portfolio manager for Barings’ U.S. High Yield Investments Group. He is also a member of the firm’s U.S. High Yield Investment Committee and the Global High Yield Allocation Committee. Sean is responsible for the portfolio management of various high yield bond total return strategies. Sean has worked in the industry since 1996 and his experience has encompassed the credit market across a variety of industries. Prior to joining the firm in 2003, he worked at Cigna Investment Management in project finance and at Credit Suisse, where he worked in the leveraged finance group. Sean holds a B.S. in Accounting from Canisius College (magna cum laude) and an M.B.A. from Cornell University. He is a Certified Public Accountant (inactive) and member of the CFA Institute.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.13 | 37.79 | 7.16 | 8.17 |