MassMutual High Yield Fund
Name
As of 11/08/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.1%
1 yr return
8.9%
3 Yr Avg Return
-0.8%
5 Yr Avg Return
2.1%
Net Assets
$421 M
Holdings in Top 10
17.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.85%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 68.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/08/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
DLHYX - Profile
Distributions
- YTD Total Return 3.1%
- 3 Yr Annualized Total Return -0.8%
- 5 Yr Annualized Total Return 2.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 5.31%
- Dividend Yield 0.5%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameMassMutual High Yield Fund
-
Fund Family NameMASSMUTUAL FUNDS
-
Inception DateSep 27, 2000
-
Shares OutstandingN/A
-
Share ClassS
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerScott Roth
Fund Description
DLHYX - Performance
Return Ranking - Trailing
Period | DLHYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.1% | -6.7% | 431.8% | 94.32% |
1 Yr | 8.9% | -0.9% | 460.1% | 92.37% |
3 Yr | -0.8%* | -14.6% | 75.1% | 95.02% |
5 Yr | 2.1%* | -11.9% | 44.0% | 93.15% |
10 Yr | 3.6%* | -5.1% | 23.0% | 63.06% |
* Annualized
Return Ranking - Calendar
Period | DLHYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.0% | -4.7% | 14.3% | 27.52% |
2022 | -16.2% | -33.4% | 3.6% | 62.66% |
2021 | 1.4% | -8.4% | 8.2% | 18.26% |
2020 | -0.6% | -13.2% | 302.7% | 58.35% |
2019 | 6.7% | -4.4% | 13.3% | 68.35% |
Total Return Ranking - Trailing
Period | DLHYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.1% | -6.7% | 431.8% | 94.32% |
1 Yr | 8.9% | -0.9% | 460.1% | 92.37% |
3 Yr | -0.8%* | -14.6% | 75.1% | 95.02% |
5 Yr | 2.1%* | -11.9% | 44.0% | 93.15% |
10 Yr | 3.6%* | -5.1% | 23.0% | 63.06% |
* Annualized
Total Return Ranking - Calendar
Period | DLHYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.1% | -4.7% | 18.7% | 95.28% |
2022 | -11.2% | -33.4% | 47.8% | 62.17% |
2021 | 7.0% | -8.4% | 12.4% | 13.65% |
2020 | 4.7% | -9.6% | 325.6% | 64.50% |
2019 | 13.3% | -3.8% | 19.4% | 58.05% |
NAV & Total Return History
DLHYX - Holdings
Concentration Analysis
DLHYX | Category Low | Category High | DLHYX % Rank | |
---|---|---|---|---|
Net Assets | 421 M | 3.13 M | 23.6 B | 59.64% |
Number of Holdings | 283 | 2 | 3879 | 63.52% |
Net Assets in Top 10 | 64.5 M | -492 M | 5.25 B | 58.14% |
Weighting of Top 10 | 17.03% | 4.2% | 146.0% | 29.48% |
Top 10 Holdings
- Prime Portfolio 4.53%
- SR UNSECURED 144A 09/24 6.5 2.24%
- COMPANY GUAR 04/33 6.4 1.50%
- COMPANY GUAR 05/26 6.25 1.38%
- SHORT TERMS 1.32%
- SHORT TERMS 1.32%
- SR UNSECURED 144A 03/30 4.625 1.29%
- SR SECURED 144A 06/30 8.625 1.25%
- SR SECURED 144A 01/28 9 1.11%
- SR SECURED 144A 06/31 5.5 1.10%
Asset Allocation
Weighting | Return Low | Return High | DLHYX % Rank | |
---|---|---|---|---|
Bonds | 95.67% | 0.00% | 145.36% | 44.41% |
Cash | 9.02% | -52.00% | 48.02% | 12.70% |
Convertible Bonds | 1.03% | 0.00% | 17.89% | 50.49% |
Stocks | 0.12% | 0.00% | 99.64% | 60.94% |
Preferred Stocks | 0.00% | 0.00% | 4.97% | 49.35% |
Other | 0.00% | -39.08% | 99.96% | 58.79% |
Bond Sector Breakdown
Weighting | Return Low | Return High | DLHYX % Rank | |
---|---|---|---|---|
Corporate | 98.29% | 0.00% | 100.00% | 10.77% |
Cash & Equivalents | 9.02% | 0.00% | 48.02% | 11.89% |
Derivative | 0.00% | -14.19% | 42.26% | 49.84% |
Securitized | 0.00% | 0.00% | 97.24% | 53.83% |
Municipal | 0.00% | 0.00% | 1.17% | 20.23% |
Government | 0.00% | 0.00% | 99.07% | 44.86% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | DLHYX % Rank | |
---|---|---|---|---|
US | 95.67% | 0.00% | 126.57% | 32.25% |
Non US | 0.00% | 0.00% | 96.91% | 52.93% |
DLHYX - Expenses
Operational Fees
DLHYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.85% | 0.02% | 38.33% | 59.67% |
Management Fee | 0.47% | 0.00% | 1.75% | 23.05% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.20% | 0.00% | 0.50% | 82.35% |
Sales Fees
DLHYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
DLHYX 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.
DLHYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 68.00% | 1.00% | 255.00% | 59.43% |
DLHYX - Distributions
Dividend Yield Analysis
DLHYX | Category Low | Category High | DLHYX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.53% | 0.00% | 11.76% | 93.53% |
Dividend Distribution Analysis
DLHYX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Monthly | Monthly |
Net Income Ratio Analysis
DLHYX | Category Low | Category High | DLHYX % Rank | |
---|---|---|---|---|
Net Income Ratio | 5.31% | -2.39% | 9.30% | 11.77% |
Capital Gain Distribution Analysis
DLHYX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Nov 30, 2023 | $0.043 | OrdinaryDividend |
Dec 30, 2022 | $0.039 | OrdinaryDividend |
Nov 30, 2022 | $0.040 | OrdinaryDividend |
Oct 31, 2022 | $0.040 | OrdinaryDividend |
Sep 30, 2022 | $0.040 | OrdinaryDividend |
Aug 31, 2022 | $0.041 | OrdinaryDividend |
Jul 29, 2022 | $0.037 | OrdinaryDividend |
Jun 30, 2022 | $0.037 | OrdinaryDividend |
May 31, 2022 | $0.039 | OrdinaryDividend |
Apr 29, 2022 | $0.036 | OrdinaryDividend |
Mar 31, 2022 | $0.039 | OrdinaryDividend |
Feb 28, 2022 | $0.039 | OrdinaryDividend |
Jan 31, 2022 | $0.034 | OrdinaryDividend |
Dec 08, 2021 | $0.494 | OrdinaryDividend |
Dec 11, 2020 | $0.459 | OrdinaryDividend |
Dec 13, 2019 | $0.545 | OrdinaryDividend |
Dec 14, 2018 | $0.500 | OrdinaryDividend |
Dec 18, 2017 | $0.581 | OrdinaryDividend |
Dec 19, 2016 | $0.552 | OrdinaryDividend |
Dec 17, 2015 | $0.572 | OrdinaryDividend |
Dec 17, 2014 | $0.098 | CapitalGainShortTerm |
Dec 17, 2014 | $0.141 | CapitalGainLongTerm |
Dec 17, 2014 | $0.665 | OrdinaryDividend |
Dec 18, 2013 | $0.005 | CapitalGainShortTerm |
Dec 18, 2013 | $0.169 | CapitalGainLongTerm |
Dec 18, 2013 | $0.645 | OrdinaryDividend |
Dec 19, 2012 | $0.688 | OrdinaryDividend |
Dec 19, 2011 | $0.554 | OrdinaryDividend |
Dec 17, 2010 | $0.866 | OrdinaryDividend |
Dec 18, 2009 | $0.688 | OrdinaryDividend |
Dec 18, 2008 | $0.941 | OrdinaryDividend |
Dec 17, 2007 | $0.814 | OrdinaryDividend |
Dec 26, 2006 | $0.013 | CapitalGainShortTerm |
Dec 26, 2006 | $0.005 | CapitalGainLongTerm |
Dec 26, 2006 | $0.662 | OrdinaryDividend |
Dec 28, 2005 | $0.049 | CapitalGainLongTerm |
Dec 28, 2005 | $0.710 | OrdinaryDividend |
Dec 28, 2004 | $0.063 | OrdinaryDividend |
Nov 29, 2004 | $0.061 | OrdinaryDividend |
DLHYX - 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 | 7.32 | 8.17 |