MassMutual Advantage Funds - MassMutual Emerging Markets Debt Blended Total Return Fund
BXEYX
NASDAQ- -
USD
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- -
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- SPRINGFIELD MA 01111 Springfield MA United States of America 01111
- IPO Date
- Oct 21, 2015
- CIK
- 0001859808
- Similar Companies
- Business
- MassMutual Emerging Markets Debt Blended Total Return Fund (Class Y) (BXEYX) is a mutual fund managed by MassMutual that seeks maximum total return, consistent with preservation of capital and prudent investment management, through high current income generation and capital appreciation where appropriate. The fund invests primarily in debt instruments of sovereign, quasi-sovereign, and corporate issuers from emerging markets, denominated in any currency including local currencies; it maintains a weighted average portfolio duration of between 2 and 10 years and allocates across hard currency sovereign debt, local currency sovereign debt, and corporate debt. Key portfolio characteristics include total net assets of $23.2 million across all classes, 53 issuers, 55.74% investment grade composition, and regional exposures led by Latin America (37.76%), CEEMEA (34.98%), and Asia (14.84%); top countries include Colombia, South Africa, and Czech Republic, with major currency exposures in BRL, PLN, and TRY. The fund offers Class Y shares (CUSIP 576291876), alongside Class I (BXEIX), Class A (BXEAX), and Class C (BXECX) shares, subadvised by Barings LLC with portfolio managers Ricardo Adrogué, Cem Karacadag, and Natalia Krol. Originally launched on October 21, 2015 as the Barings Global Emerging Markets Debt Blended Total Return Fund, it underwent a reorganization on December 10, 2021, becoming the successor fund under MassMutual management; the fund benchmarks against a custom blended index (50% JPMorgan GBI-EM GD, 30% JPMorgan EMBI GD, 20% JPMorgan CEMBI BD) and features a net expense ratio of 0.95% for Class Y shares through fee waivers expiring January 31, 2026. It primarily serves institutional and high-net-worth investors seeking emerging markets bond exposure with low correlation to traditional assets, operating globally across diversified emerging market economies.