BXEIX Fees and Costs — MassMutual Emerging Markets Debt Blended Total Return Fund, Class I
Data updated: 2025-05-30
The net expense ratio is 0.89%: a 0.75% management fee plus 0.67% other expenses, less a 0.53% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $2K in broker commissions, 0.0045% of average net assets, and portfolio turnover was 52%.
BXEIX Fees and Expenses
Annual operating expenses and sales charges of BXEIX. Prospectus, as of January 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.67% |
| Gross expense ratio | 1.42% |
| Fee waiver | −0.53% |
| Net expense ratio | 0.89% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
BXEIX Costs Over Time
On $10,000 invested in BXEIX, assuming 5% a year before costs, total costs come to $561 over 5 years, cutting the return by 0.94% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.89%) | $93 | $292 | $507 |
| Trading costs (broker commissions) | $0 | $1 | $3 |
| Lost growth on money paid in costs | $0 | $15 | $51 |
| Total costs | $94 | $308 | $561 |
| Value after costs | $10,406 | $11,268 | $12,202 |
| Impact on return, per year | 0.94% | 0.94% | 0.94% |
BXEIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0045%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $401.9M
- Portfolio turnover (prospectus): 52%
- Securities on loan, average value: $342K
- Net income from securities lending: $1K (0.003% of average net assets)
BXEIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $2K | 100.00% |
BXEIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $239.9M | 62.21% |
| Goldman Sachs & Co. | $46.1M | 11.96% |
| Morgan Stanley & Co. LLC | $31.4M | 8.14% |
| Bank of America Merrill Lynch | $24.6M | 6.37% |
| BNP Paribas | $15.1M | 3.92% |
| JPMorgan Chase & Co. | $8.7M | 2.27% |
| Citigroup Inc. | $7.7M | 1.99% |
| The Hongkong and Shanghai Banking Corporation Limited | $4.8M | 1.24% |
| Barclays Bank | $3.8M | 0.99% |
| Deutsche Bank AG | $3.5M | 0.92% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.