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 Strategic Bond A MSBAX
- NAV / 1-Day Return 8.48 / +0.47 %
- Total Assets 383.5 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.060%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Intermediate Core-Plus Bond
- Credit Quality / Interest Rate Sensitivity Medium/Extensive
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 3.92%
- Effective Duration 7.70 years
USD | NAV as of Jul 27, 2024 | 1-Day Return as of Jul 27, 2024, 12:00 AM GMT+0
Morningstar’s Analysis MSBAX
Will MSBAX 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 14.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Us 5yr Note (Cbt) Sep24 Xcbt 20240930 | 22.78 | 75.8 Mil | Government |
3 Month Sofr Fut Dec25 Xcme 20260317 | 12.41 | 41.3 Mil | Government |
Sws115907 Cds Usd R F 1.00000 2 Ccpcdx | 7.17 | 23.9 Mil | Derivative |
Us Long Bond(Cbt) Sep24 Xcbt 20240919 | 6.01 | 20.0 Mil | Government |
Bws113720 Irs Usd R V 00msofr 1 Ccpois | 4.02 | 13.4 Mil | Government |
3 Month Sofr Fut Dec24 Xcme 20250318 | 3.36 | 11.2 Mil | Government |
Us Ultra Bond Cbt Sep24 Xcbt 20240919 | 2.90 | 9.7 Mil | Government |
Sws115568 Irs Usd R F 3.65000 2 Ccpois | 2.71 | 9.0 Mil | Government |
Bws122689 Irs Usd R V 00msofr 1 Ccpois | 2.04 | 6.8 Mil | Government |
United States Treasury Bonds 4.75% | 1.80 | 6.0 Mil | Government |