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Morningstar

MassMutual Short Duration Bd Adm MSTLX

Morningstar Medalist Rating
Medalist Rating as of | See MassMutual Investment Hub
  • NAV / 1-Day Return 9.04  /  +0.12 %
  • Total Assets 169.5 Mil
  • Adj. Expense Ratio
    0.760%
  • Expense Ratio 0.760%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 3.32%
  • Effective Duration 1.82 years

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

Morningstar’s Analysis MSTLX

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

  • People Pillar

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

Strength in MassMutual Short Duration Bd Adm's Process Pillar is partially offset by an Average People Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

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 second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MSTLX

More MSTLX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 30.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future Sept 24

45.91 95.8 Mil
Government

CSMC TRUST 2.472%

2.32 4.8 Mil
Securitized

ANGEL OAK MORTGAGE TRUST 2.479%

2.23 4.7 Mil
Securitized

Fixed Inc Clearing Corp.Repo

2.08 4.3 Mil
Cash and Equivalents

Trafigura Securitisation Finance PLC 1.78%

1.93 4.0 Mil
Securitized

NextEra Energy Capital Holdings Inc 0%

1.91 4.0 Mil
Cash and Equivalents

BALLYROCK CLO LTD 7.13617%

1.78 3.7 Mil
Securitized

BHG SECURITIZATION TRUST 2021-B 2.24%

1.60 3.3 Mil
Securitized

VERUS SECURITIZATION TRUST 3.291%

1.58 3.3 Mil
Securitized

Usd

1.57 3.3 Mil
Cash and Equivalents