BXITX Fees and Costs — MassMutual Global Credit Income Opportunities Fund, Class I
Data updated: 2026-08-27
The net expense ratio is 0.85%: a 0.75% management fee plus 0.35% other expenses, less a 0.25% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $5K in broker commissions, 0.0032% of average net assets, and portfolio turnover was 87%.
BXITX Fees and Expenses
Annual operating expenses and sales charges of BXITX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.35% |
| Gross expense ratio | 1.10% |
| Fee waiver | −0.25% |
| Net expense ratio | 0.85% |
| 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 |
BXITX Costs Over Time
On $10,000 invested in BXITX, assuming 5% a year before costs, total costs come to $535 over 5 years, cutting the return by 0.90% 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 0.85%) | $89 | $279 | $484 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $14 | $49 |
| Total costs | $90 | $294 | $535 |
| Value after costs | $10,410 | $11,282 | $12,228 |
| Impact on return, per year | 0.90% | 0.90% | 0.90% |
BXITX 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): 0.0032%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): $2.4B
- Portfolio turnover (prospectus): 87%
- Securities on loan, average value: $2.9M
- Net income from securities lending: $32K (0.022% of average net assets)
BXITX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $5K | 100.00% |
BXITX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $2.2B | 92.68% |
| J.P. Morgan Securities LLC | $33.3M | 1.42% |
| BofA Securities, Inc. | $25.8M | 1.10% |
| Goldman Sachs & Co. LLC | $23.0M | 0.98% |
| Barclays Capital Inc. | $22.0M | 0.94% |
| Morgan Stanley & Co. LLC | $21.6M | 0.92% |
| Jane Street Execution Services, LLC | $14.6M | 0.63% |
| Deutsche Bank Securities Inc. | $12.6M | 0.54% |
| Citigroup Global Markets Inc. | $11.8M | 0.50% |
| RBC Capital Markets, LLC | $6.6M | 0.28% |
MassMutual Global Credit Income Opportunities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| BXIDX | C000271061 | 0.35% | none |
| BXIEX | C000271062 | 0.80% | none |
| BXITX | Class I | 0.85% | none |
| BXIYX | Class Y | 0.90% | none |
| BXIAX | Class A | 1.16% | 4.25% |
| BXICX | Class C | 1.95% | 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.