Back to top

4 MassMutual Funds for Healthy Returns

Read MoreHide Full Article

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 $701 billion of assets along with its affiliates, as of Dec 31, 2018. 

Below we share with you four top-rated 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 funds.

MassMutual Select Diversified Value Fund Class I (MDDIX - Free Report) aims for long-term appreciation of capital and income by mostly investing in a diversified portfolio of equity securities of large companies. The fund invests the majority of its assets in stocks, securities convertible to stocks and other securities such as stock rights and warrants, the value of which are based on stock prices. The fund mostly invests in securities of American companies. MDDIX has three-year annualized returns of 9.2%.

MDDIX has an expense ratio of 0.57% compared with the category average of 1.00%.

MassMutual RetireSMART Moderate Growth Administrative (MRSLX - Free Report) is a “fund of funds." The fund attains its investment objective by investing in other U.S. and non-U.S. mutual funds. MRSLX uses its asset allocation strategy by investing around 85% of its assets in equity and related funds, and about 15% of its assets in fixed income funds. MassMutual RetireSMART Moderate Growth Administrative has returned 8.1% over the past three years.

Frederick (Rick) Schulitz is one of the fund managers of MRSLX since 2011.

MassMutual Select Small Cap Growth Equity Fund Class R5 (MSGSX - Free Report) aims for long-term capital appreciation. The fund invests the majority of its assets in equity securities of companies whose market capitalization, at the time of buying the securities, are within the range of market capitalizations for the companies included in Russell 2000 Index or S&P SmallCap 600 Index. The fund may also invest a lesser part of its assets in non-U.S. securities. MSGSX has three-year annualized returns of 15.7%.

MSGSX has an expense ratio of 0.96% compared to a category average of 1.21%.

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 13.5%.

As of March 2019, DEIGX held 256 issues, with 1.87% of its assets invested in Insulet Corp.

To view the Zacks Rank and past performance of all MassMutual mutual funds, investors can click here to see the complete list of 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 >>