BXFIX Fees and Costs — MassMutual Global Floating Rate Fund, Class I
Data updated: 2026-08-27
The net expense ratio is 0.75%: a 0.65% management fee plus 0.36% other expenses, less a 0.26% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 41%.
BXFIX Fees and Expenses
Annual operating expenses and sales charges of BXFIX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.36% |
| Gross expense ratio | 1.01% |
| Fee waiver | −0.26% |
| Net expense ratio | 0.75% |
| 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 |
BXFIX Costs Over Time
On $10,000 invested in BXFIX, assuming 5% a year before costs, total costs come to $471 over 5 years, cutting the return by 0.79% 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 0.75%) | $79 | $246 | $428 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $79 | $259 | $471 |
| Value after costs | $10,421 | $11,318 | $12,291 |
| Impact on return, per year | 0.79% | 0.79% | 0.79% |
BXFIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $1.8B
- Portfolio turnover (prospectus): 41%
- Securities lending: none during the year
BXFIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $1.7B | 95.88% |
| J.P. Morgan Securities LLC | $19.6M | 1.09% |
| Goldman Sachs & Co. LLC | $12.9M | 0.72% |
| Barclays Capital Inc. | $12.2M | 0.68% |
| BofA Securities, Inc. | $7.8M | 0.43% |
| Morgan Stanley & Co. LLC | $6.0M | 0.33% |
| Deutsche Bank Securities Inc. | $4.6M | 0.26% |
| RBC Capital Markets, LLC | $4.1M | 0.23% |
| Citigroup Global Markets Inc. | $3.6M | 0.20% |
| Wells Fargo Securities, LLC | $3.4M | 0.19% |
MassMutual Global Floating Rate Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| BXFDX | C000271063 | 0.36% | none |
| BXFEX | C000271064 | 0.70% | none |
| BXFIX | Class I | 0.75% | none |
| BXFYX | Class Y | 0.75% | none |
| BXFAX | Class A | 1.00% | 4.25% |
| BXFCX | Class C | 1.75% | none |
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.