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-manager 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 more than $600 billion of assets along with its affiliates.
Below we share with you three 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. Investors can click here to see the complete list of MassMutual funds.
MassMutual Premier Global Fund R5 (MGFSX - Free Report) seeks capital growth for the long run. MGFSX invests heavily in common stocks issued by companies that are based in the United States as well as in non-U.S. countries. The fund may invest in non-U.S. securities without limit that include American Depositary Receipts. Although the fund can invest in any country, including developing countries, it prefers to invest in developed markets like the United States, Western European countries and Japan. MassMutual Premier Global Fund R5 has returned 36.2% in a year’s time.
MGFSX has an expense ratio of 0.96% compared with the category average of 1.17%.
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, having market capitalization of more than $200 million. MassMutual Premier Disciplined Growth Service has one-year annualized returns of 27.8%.
Chris Cao has been one of the fund managers of DEIGX since 2001.
MassMutual Premier Disciplined Growth Fund R5 (MPGSX - Free Report) seeks to outperform the Russell 1000 Growth Index in terms of total returns. MPGSX primarily invests in common stocks issued by companies that have the potential for long-term growth. The fund normally invests in stocks of companies that have minimum market capitalization of $200 million. MassMutual Premier Disciplined Growth Fund R5 has returned 27.9% in a year’s time.
As of September 2017, MPGSX held 409 issues, with 6.45% of its assets invested in Apple Inc.
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.
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