Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
MassMutual Diversified Bond Svc MDBYX
- NAV / 1-Day Return 8.12 / +0.25 %
- Total Assets 127.2 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.790%
- 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 5.42%
- Effective Duration 5.91 years
USD | NAV as of Jul 27, 2024 | 1-Day Return as of Jul 27, 2024, 12:04 AM GMT+0
Morningstar’s Analysis MDBYX
Will MDBYX 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 25.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
2 Year Treasury Note Future Sept 24 | 6.20 | 10.0 Mil | Government |
Us Long Bond(Cbt) Sep24 Xcbt 20240919 | 4.18 | 6.7 Mil | Government |
Xcel Energy Inc 0% | 3.09 | 5.0 Mil | Cash and Equivalents |
Us 5yr Note (Cbt) Sep24 Xcbt 20240930 | 2.77 | 4.5 Mil | Government |
Us Ultra Bond Cbt Sep24 Xcbt 20240919 | 2.48 | 4.0 Mil | Government |
Federal National Mortgage Association 2.5% | 2.38 | 3.8 Mil | Securitized |
WILLIAMS COS INC 0% | 1.85 | 3.0 Mil | Cash and Equivalents |
Parker-Hannifin Corp. 0% | 1.85 | 3.0 Mil | Cash and Equivalents |
NEW RESIDENTIAL MORTGAGE LOAN TRUST 2021-NQM3 3.39841% | 1.71 | 2.8 Mil | Securitized |
Federal National Mortgage Association 5% | 1.68 | 2.7 Mil | Securitized |