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Morningstar

MassMutual Diversified Bond I MDBZX

Morningstar Medalist Rating
Medalist Rating as of | See MassMutual Investment Hub
  • NAV / 1-Day Return 8.75  /  0.23 %
  • Total Assets 159.2 Mil
  • Adj. Expense Ratio
    0.540%
  • Expense Ratio 0.540%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 4.07%
  • Effective Duration 6.05 years

USD | NAV as of Sep 22, 2023 | 1-Day Return as of Sep 22, 2023, 11:46 PM GMT+0

Morningstar’s Analysis MDBZX

Will MDBZX outperform in 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 MDBZX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the MDBZX 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 MDBZX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in MassMutual Diversified Bond I's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MDBZX

More MDBZX Holdings
  • Current Portfolio Date
  • Equity Holdings 3
  • Bond Holdings 423
  • Other Holdings 36
  • % Assets in Top 10 Holdings 27.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Bm125254 Cds Usd R V 03mevent Bm125254_receive Ccpcdx

11.66
24,000,000
Derivative

Future on 2 Year Treasury Note

6.42
13,217,344
Government

Sm125334 Irs Usd R F 3.96500 Bm125334_receive Ccpois

5.26
10,822,563
Government

Sm127757 Irs Usd R F 3.61800 Bm127757_receive Ccpois

4.98
10,247,049
Government

Us 5yr Note (Cbt) Sep23 Xcbt 20230929

4.48
9,210,062
Government

Us Ultra Bond Cbt Sep23 Xcbt 20230920

4.37
8,990,438
Government

Sm125508 Irs Usd R F 3.74900 Bm125508_receive Ccpois

3.82
7,865,789
Government

Sm125368 Irs Usd R F 3.81500 Bm125368_receive Ccpois

3.81
7,848,943
Government

Us Long Bond(Cbt) Sep23 Xcbt 20230920

3.33
6,852,938
Government

United States Treasury Notes 3%

1.92
3,951,127
Government