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3 MassMutual Funds for Sparkling 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 30, 2019, it managed around $55.9 billion of assets along with its affiliates. 

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 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 of companies included on the 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 4.7%.

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

MassMutual Select 60/40 Allocation Fund Administrative Class (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 60% of its assets in equity and related funds, and about 40% of its assets in fixed income funds. MRSLX has returned 2.8% in the past three years.

As of the end of March 2020, MRSLX held 29 issues, with 16.4% of its assets invested in MM Select Equity Asset I.

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 three-year annualized returns of 3.9%.

MEFFX has an expense ratio of 1.16% compared to the category average of 1.17%.

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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