MassMutual or Massachusetts Mutual Life Insurance Company is one of the world’s top 50 asset managers by virtue of more than $600 billion of assets that it manages along with its affiliates. Founded in 1851, 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 and its subsidiaries, which include Oppenheimer Funds, provide investment opportunities across a number of mutual funds from different categories, including both equity and fixed-income funds.
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 Inflation-Protected and Income R5 (MIPSX - Free Report) seeks a high level of returns annually. MIPSX invests a bulk of its assets in income-generating securities, including inflation-indexed bonds. The fund’s advisor focuses on maintaining a dollar-weighted average credit rating of A or higher.MassMutual Premier Inflation-Protected and Income R5 has returned 0.1% over the past one year.
As of December 2017, MIPSX held 327 issues, with 4.28% of its assets invested in US Treasury Note.
MassMutual Premier Diversified Bond R5 (MDBSX - Free Report) invests a large chunk of its assets in fixed income securities issued by U.S. dollar-denominated corporate bonds and government debt obligations. MDBSX seeks maximization of returns. MassMutual Premier Diversified Bond R5 has returned 1.8% in the past year.
MDBSX has an expense ratio of 0.61% compared with the category average of 0.76%.
MassMutual Select Blue Chip Growth Services (MBCYX - Free Report) seeks appreciation of capital for the long run. MBCYX invests a huge part of its assets in common stocks of mid- and large-cap blue-chip growth companies. MassMutual Select Blue Chip Growth Services has returned 33.7% over a year’s time.
Larry J. Puglia is one of the fund managers of MBCYX since 2006.
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 >>