Massachusetts Mutual Life Insurance Company or MassMutual, along with its subsidiaries, including OppenheimerFunds, manages a significant number of mutual funds across different categories, including both equity and fixed-income funds. MassMutual uses a multi-manger approach to offer services including life policies, money management and retirement planning to its clients throughout the globe. The company was founded in 1851 and is considered one of the leading asset managers by virtue of managing around $600 billion of assets along with its affiliates.
Below we share with you four top-ranked MassMutual mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. To view the Zacks Rank and past performance of all MassMutual mutual funds, investors can click here to see the complete list of MassMutual funds.
MassMutual Premier Short-Duration Bond R5 (MSTDX – Free Report) maintains a diversified portfolio by investing predominantly in fixed income securities that are rated BBB- or better by Standard & Poor’s and Baa3 or better by Moody’s. MSTDX invests a major portion of its assets in investment grade securities. MSTDX is expected to maintain a dollar-weighted average maturity of three years or less. MassMutual Premier Short-Duration Bond R5 fund has three-year annualized returns of 2.4%.
MSTDX has an expense ratio of 0.49% compared with the category average of 0.75%.
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 15.1%.
As of December 2018, DEIGX held 387 issues, with 7.29% of its assets invested in Apple Inc.
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 are expected to have high-growth potential in the long term. MassMutual Select Mid Cap Growth R4 has three-year annualized returns of 15.1%.
Brian W.H. Berghuis is one of the fund managers of MEFFX since 2000.
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 12.5%.
MDVSX has an expense ratio of 0.67% compared to a 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 MassMutual funds.
Want key mutual fund info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>