Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
MassMutual Diversified Bond Adm MDBLX
- NAV / 1-Day Return 7.87 / +0.04 %
- Total Assets 130.3 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.910%
- Distribution Fee Level High
- Share Class Type No Load
- Category Intermediate Core-Plus Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment —
- Status Open
- TTM Yield 5.25%
- Effective Duration 5.91 years
USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 12:11 AM GMT+0
Morningstar’s Analysis MDBLX
Will MDBLX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 27.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
2 Year Treasury Note Future June 24 | 6.68 | 11.9 Mil | Government |
Us Long Bond(Cbt) Jun24 Xcbt 20240618 | 6.45 | 11.4 Mil | Government |
Us 5yr Note (Cbt) Jun24 Xcbt 20240628 | 3.68 | 6.5 Mil | Government |
American Electric Power Co, Inc. 0% | 2.81 | 5.0 Mil | Cash and Equivalents |
Federal National Mortgage Association 5.5% | 2.69 | 4.8 Mil | Securitized |
Us Ultra Bond Cbt Jun24 Xcbt 20240618 | 2.47 | 4.4 Mil | Government |
Federal National Mortgage Association 2.5% | 2.19 | 3.9 Mil | Securitized |
AMCOR FLEXIBLES NORTH AMER INC 0% | 1.69 | 3.0 Mil | Cash and Equivalents |
NextEra Energy Capital Holdings Inc 0% | 1.68 | 3.0 Mil | Cash and Equivalents |
Fixed Inc Clearing Corp.Repo | 1.60 | 2.8 Mil | Cash and Equivalents |