Founded in 1851, Massachusetts Mutual Life Insurance Company or MassMutual uses a multi-manager approach to offer services like life policies, money management and retirement planning throughout the globe. The company and its subsidiaries, which include Oppenheimer Funds, provide investment opportunities across a number of mutual funds from different categories. MassMutual is considered one of the leading asset managers by virtue of managing around $701 billion (as of Dec 31, 2018) of assets along with its affiliates.
Below we share with you four top-ranked MassMutual mutual funds. Each has a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of MassMutual funds.
MassMutual Select Diversified Value R5 (MDVSX – Free Report) invests a huge portion of its assets in securities, including stocks of domestic companies. The fund may also invest around one-fourth of its assets non-U.S. securities and ADRs. MDVSX seeks capital growth and high income by investing mainly in big well-established companies. MassMutual Select Diversified Value R5 has three-year annualized returns of 12.3%.
MDVSX has an expense ratio of 0.67% compared to a category average of 1.00%.
MassMutual Select Mid Cap Growth R4 (MEFFX – Free Report) seeks capital growth for the long run. MEFFX maintains a diverse portfolio by investing mainly in equity securities of mid-cap companies that have high-growth potential over the long term. MassMutual Select Mid Cap Growth R4 has three-year annualized returns of 15.6%.
Brian W.H. Berghuis is one of the fund managers of MEFFX since 2000.
MassMutual Premier Disciplined Growth Service (DEIGX – Free Report) seeks to outperform the Russell 1000 Growth Index in terms of total returns. DEIGX invests primarily in common stocks of growth-oriented companies. DEIGX invests in companies having market capitalization of more than $200 million. MassMutual Premier Disciplined Growth Service has three-year annualized returns of 16.7%.
As of March 2019, DEIGX held 390 issues, with 7.10% of its assets invested in Apple Inc.
MassMutual Select Fundamental Growth Fund Class I (MOTZX – Free Report) seeks long-term capital growth. The fund mostly invests in domestic equity securities that the fund’s sub-adviser thinks has the potential to offer long-term growth. These equity securities may comprise preferred stocks, common stocks, rights and warrants etc. MOTZX has three-year annualized returns of 15.9%.
MOTZX has an expense ratio of 0.57% compared with the category average of 1.00%.
To view the Zacks Rank and past performance of all MassMutual mutual funds, investors can click here to see the complete list of funds.
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