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.
MassMutual High Yield R3 MPHNX
- NAV / 1-Day Return 7.92 / +0.14 %
- Total Assets 422.7 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.240%
- Distribution Fee Level Average
- Share Class Type Retirement, Medium
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment —
- Status Open
- TTM Yield 5.86%
- Effective Duration —
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 11:52 PM GMT+0
Morningstar’s Analysis MPHNX
Will MPHNX 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 10.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Global Aircraft Leasing Co Ltd 6.5% | 1.91 | 8.0 Mil | Corporate |
Neptune Energy Bondco PLC 6.625% | 1.60 | 6.7 Mil | Corporate |
Regal Rexnord Corporation 6.4% | 1.28 | 5.4 Mil | Corporate |
TAMPA ELECTRIC CO 0% | 1.19 | 5.0 Mil | Cash and Equivalents |
CRH America Finance, Inc. 0% | 1.16 | 4.9 Mil | Cash and Equivalents |
1375209 B C Ltd. 9% | 1.01 | 4.2 Mil | Corporate |
CQP Holdco LP & Bip-V Chinook Holdco LLC 5.5% | 0.99 | 4.1 Mil | Corporate |
Icahn Enterprises, L.P. / Icahn Enterprises Finance Corporation 6.25% | 0.97 | 4.1 Mil | Corporate |
Sprint Capital Corporation 8.75% | 0.97 | 4.1 Mil | Corporate |
Connect Finco SARL/Connect US Finco LLC 6.75% | 0.96 | 4.0 Mil | Corporate |