BXQYX Fees and Costs — MassMutual Global Emerging Markets Equity Fund, Class Y
Data updated: 2024-05-30
The net expense ratio is 0.90%: a 0.90% management fee plus 1.32% other expenses, less a 1.32% fee waiver. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $2K in broker commissions, 0.0222% of average net assets, and portfolio turnover was 17%.
BXQYX Fees and Expenses
Annual operating expenses and sales charges of BXQYX. Prospectus, as of January 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.32% |
| Gross expense ratio | 2.22% |
| Fee waiver | −1.32% |
| Net expense ratio | 0.90% |
| 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 |
BXQYX Costs Over Time
On $10,000 invested in BXQYX, assuming 5% a year before costs, total costs come to $578 over 5 years, cutting the return by 0.97% 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 0.90%) | $94 | $295 | $512 |
| Trading costs (broker commissions) | $2 | $7 | $13 |
| Lost growth on money paid in costs | $0 | $15 | $53 |
| Total costs | $97 | $317 | $578 |
| Value after costs | $10,403 | $11,259 | $12,185 |
| Impact on return, per year | 0.97% | 0.97% | 0.97% |
BXQYX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0222%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $54.3M
- Portfolio turnover (prospectus): 17%
- Securities on loan, average value: $5K
- Net income from securities lending: $13 (0.000% of average net assets)
BXQYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Arqaam Capital Limited | $493 | 23.61% |
| Goldman Sachs & Co. | $414 | 19.82% |
| JPMorgan Chase & Co. | $296 | 14.14% |
| Morgan Stanley & Co. LLC | $261 | 12.50% |
| Macquarie Bank | $191 | 9.13% |
| Bank of America Merrill Lynch | $116 | 5.57% |
| Itau Unibanco SA | $98 | 4.68% |
| Citigroup Inc. | $88 | 4.22% |
| The Hongkong and Shanghai Banking Corporation Limited | $71 | 3.38% |
| UBS Group AG | $62 | 2.97% |
BXQYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $54.3M | 100.00% |
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.