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Morningstar

MassMutual Total Return Bond R3 MSPNX

Morningstar Medalist Rating
Medalist Rating as of | See MassMutual Investment Hub
  • NAV / 1-Day Return 8.37  /  +0.36 %
  • Total Assets 716.6 Mil
  • Adj. Expense Ratio
    1.030%
  • Expense Ratio 1.030%
  • Distribution Fee Level Above Average
  • Share Class Type Retirement, Medium
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 3.29%
  • Effective Duration 6.88 years

USD | NAV as of Jul 27, 2024 | 1-Day Return as of Jul 27, 2024, 12:04 AM GMT+0

Morningstar’s Analysis MSPNX

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

  • People Pillar

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

A sound investment process and strong management team underpin MassMutual Total Return Bond R3's Morningstar Medalist Rating of Bronze.

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

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Portfolio Holdings MSPNX

More MSPNX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 44.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future Sept 24

16.89 193.2 Mil
Government

Fixed Inc Clearing Corp.Repo

12.60 144.1 Mil
Cash and Equivalents

Us 5yr Note (Cbt) Sep24 Xcbt 20240930

7.90 90.4 Mil
Government

United States Treasury Notes 4.375%

4.04 46.2 Mil
Government

United States Treasury Notes 4.25%

3.95 45.2 Mil
Government

United States Treasury Bonds 4.625%

3.64 41.6 Mil
Government

United States Treasury Bonds 4.625%

2.77 31.7 Mil
Government

Federal National Mortgage Association 4%

1.55 17.8 Mil
Securitized

United States Treasury Notes 4.5%

1.27 14.5 Mil
Government

Federal National Mortgage Association 4.5%

1.16 13.2 Mil
Securitized