Morningstar

MML Barings Diversified Bond Fund Class R3 MDBRX

Morningstar Medalist Rating
Medalist Rating as of | See MassMutual Investment Hub
  • NAV / 1-Day Return 8.46  /  −0.12 %
  • Total Assets 71.5M
  • Adj. Expense Ratio
    1.290%
  • Expense Ratio 1.290%
  • Distribution Fee Level High
  • Share Class Type Retirement, Medium
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 3.89%
  • Effective Duration 3.21 years

USD | NAV as of Jul 21, 2026 | 1-Day Return as of Jul 21, 2026, 12:11 AM GMT+0

Morningstar’s Analysis MDBRX

Will MDBRX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MDBRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MDBRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MDBRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

MML Barings Diversified Bond R3 holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings MDBRX

More MDBRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings −5.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 3.375%

3.58 2M
Government

New Residential Mortgage Loan Trust 3.39841%

2.34 1M
Securitized

Federal National Mortgage Association 2.5%

1.88 1M
Securitized

10 Year Treasury Note Future June 26

1.80 999,422
Government

Fidus Re Ltd 6.17925%

1.62 899,799
Corporate

Federal National Mortgage Association 3%

1.46 809,932
Securitized

Perrigo Finance Unlimited Co. 6.125%

1.16 643,264
Corporate

Federal Home Loan Mortgage Corp. 2%

1.15 636,903
Securitized

Uniti Service LLC / Uniti Fiber Holdings Inc. / Uniti Group Finance 2019 In

1.10 611,091
Corporate

EFMT 2026-NQM4 5.466%

1.08 599,803
Securitized

Sponsor Center