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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 8.12  /  +0.62 %
  • Total Assets 807.6 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 3.25%
  • Effective Duration 6.94 years

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 12:10 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 43.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future June 24

16.55 217.2 Mil
Government

Fixed Inc Clearing Corp.Repo

9.14 119.9 Mil
Cash and Equivalents

United States Treasury Notes 4.125%

7.08 93.0 Mil
Government

United States Treasury Bonds 4.5%

3.84 50.3 Mil
Government

United States Treasury Notes 4%

3.25 42.6 Mil
Government

United States Treasury Notes 4.25%

2.92 38.3 Mil
Government

United States Treasury Bonds 4.25%

2.89 37.9 Mil
Government

Federal National Mortgage Association 4%

2.51 32.9 Mil
Securitized

United States Treasury Notes 4.25%

2.27 29.8 Mil
Government

Federal National Mortgage Association 4.5%

1.44 18.9 Mil
Securitized