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3 MassMutual Funds You Must Buy for Spectacular Returns

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Massachusetts Mutual Life Insurance Company or MassMutual, along with its subsidiaries, 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. As of Jun 31, 2020, it managed around $55.9 billion of assets along with its affiliates. 

Below we share with you three top-rated MassMutual mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) or 2 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 funds.

MassMutual Select Small Cap Growth Equity Fund Class R5 (MSGSX - Free Report) aims for capital appreciation over a long period. The fund invests the majority of its assets in equity securities of companies whose market capitalization is within the market-capitalization range of companies included on the Russell 2000 Index or the S&P SmallCap 600 Index at the time of purchase. MSGSX has returned 7.3% in the past year.

Daniel J. Fitzpatrick is one of the fund managers of MSGSX since 2001.

MassMutual Select 60/40 Allocation Fund Administrative Class (MRSLX - Free Report) aims for a high total return that is consistent with prudent investment risk and capital preservation. The fund invests the majority of its assets in equities and a smaller part of it in fixed income funds, including money market funds. MRSLX has returned 3.6% in the past year.

MRSLX has an expense ratio of 0.82% compared to the category average of 0.83%.

MassMutual Select Mid Cap Growth Fund Class 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. MEFFX has one-year annualized returns of 4.8%.

As of the end of June 2020, MEFFX held 202 issues, with 2.37% of its assets invested in Teleflex Inc.

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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