# MassMutual Advantage Funds - MassMutual Emerging Markets Debt Blended Total Return Fund (BXEYX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/bxeyx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Bond - Strategy: Actively Managed · Inception: 2015-10-21 This fund primarily dedicates a significant portion of its assets – specifically, no less than 80% of its net holdings (along with any borrowed capital used for investment) – to investments related to developing economies. These investments encompass: Financial instruments whose value is expressed in the currencies of emerging market nations. Fixed-income products or debt obligations issued by companies or national governments located in emerging markets. Other debt instruments whose terms or value are based on the currencies, interest rate benchmarks, or broader economic factors of emergin... ## Key Facts | Metric | Value | |---|---| | Price | $7.59 | | Expense Ratio | 0.95% | | AUM (All Share Classes) | $23.4M | | NAV | $7.59 (2025-12-31 close) | | Holdings Count | — | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Monthly | | 52-Week Range | $7.38 – $7.84 | | Beta | 0.41 | ## Latest Distribution - Amount: $0.0779 /share - Ex-date: 2025-02-28 - Pay date: 2025-03-03 ## Frequently Asked Questions ### What does BXEYX invest in? This fund primarily dedicates a significant portion of its assets – specifically, no less than 80% of its net holdings (along with any borrowed capital used for investment) – to investments related to developing economies. These investments encompass: Financial instruments whose value is expressed in the currencies of emerging market nations. Fixed-income products or debt obligations issued by companies or national governments located in emerging markets. Other debt instruments whose terms or value are based on the currencies, interest rate benchmarks, or broader economic factors of emerging market regions. ### What is the expense ratio of BXEYX? MassMutual Advantage Funds - MassMutual Emerging Markets Debt Blended Total Return Fund (BXEYX) charges an expense ratio of 0.95%. This is the annual fee deducted from fund assets to cover management and operations. ### What is the duration of BXEYX? Effective duration measures BXEYX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. BXEYX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of BXEYX? BXEYX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of BXEYX? Yield to maturity (YTM) is the total return you'd earn from BXEYX if every bond in the portfolio is held to maturity at the current price. BXEYX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### How big is BXEYX? MassMutual Advantage Funds - MassMutual Emerging Markets Debt Blended Total Return Fund (BXEYX) is one share class of a fund that manages $23.4M across all of its share classes (BXEAX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Does BXEYX pay a dividend? MassMutual Advantage Funds - MassMutual Emerging Markets Debt Blended Total Return Fund (BXEYX) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does BXEYX pay dividends? MassMutual Advantage Funds - MassMutual Emerging Markets Debt Blended Total Return Fund pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is BXEYX's dividend yield? BXEYX's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is BXEYX's next ex-dividend date? The most recently announced ex-dividend date for BXEYX was 2025-02-28. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will BXEYX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.95% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does BXEYX charge its expense ratio? The expense ratio is deducted in tiny daily slices from BXEYX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does BXEYX cost more than a fund like VOO? BXEYX is actively managed (current expense ratio 0.95%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether BXEYX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to BXEYX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as BXEYX (0.95%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/bxeyx - Distribution history: https://www.dividenddata.com/funds/bxeyx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/bxeyx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/bxeyx/expenses - Peer comparison: https://www.dividenddata.com/funds/bxeyx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.