Skip to Content
Morningstar

MassMutual Core Bond A MMCBX

Morningstar Medalist Rating
Medalist Rating as of | See MassMutual Investment Hub
  • NAV / 1-Day Return 8.65  /  0.35 %
  • Total Assets 678.0 Mil
  • Adj. Expense Ratio
    0.970%
  • Expense Ratio 0.970%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 3.27%
  • Effective Duration 6.06 years

USD | NAV as of Sep 27, 2023 | 1-Day Return as of Sep 27, 2023, 11:36 PM GMT+0

Morningstar’s Analysis MMCBX

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

People Pillar

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

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings MMCBX

More MMCBX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 423
  • Other Holdings 27
  • % Assets in Top 10 Holdings 22.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Bm125246 Cds Usd R V 03mevent Bm125246_receive Ccpcdx

11.73
112,000,000
Derivative

Future on 2 Year Treasury Note

7.01
66,900,094
Government

Sm125334 Irs Usd R F 3.96500 Bm125334_receive Ccpois

5.26
50,177,339
Government

Sm127757 Irs Usd R F 3.61800 Bm127757_receive Ccpois

5.13
48,949,312
Government

Sm125508 Irs Usd R F 3.74900 Bm125508_receive Ccpois

5.05
48,178,078
Government

Sm125368 Irs Usd R F 3.81500 Bm125368_receive Ccpois

5.04
48,074,776
Government

Us Ultra Bond Cbt Sep23 Xcbt 20230920

4.78
45,633,281
Government

Federal National Mortgage Association 2.5%

2.54
24,258,565
Securitized

Us 5yr Note (Cbt) Sep23 Xcbt 20230929

2.24
21,418,750
Government

Federal National Mortgage Association 4.5%

1.69
16,167,778
Securitized