4 Strong Buy MassMutual Mutual Funds To Consider

Massachusetts Mutual Life Insurance Company, commonly known as MassMutual, is one of the leading asset managers by virtue of managing more than $600 billion of assets along with its affiliates. Founded in 1851, MassMutual uses a multi-manager approach to offer services including life policies, money management and retirement to its clients throughout the globe. The company and its subsidiaries, which include Oppenheimer Funds, provide investment opportunities across a number of mutual funds from different categories.

Below we share with you four top-rated MassMutual mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of MassMutual funds.

MassMutual Premier International Equity R5 MIEDX seeks growth of capital over the long run. MIEDX invests a large chunk of its assets in common stocks of non-U.S. companies that are believed to have impressive growth prospects. The fund allocates its assets in companies located in both emerging as well as developed countries. MassMutual Premier International Equity R5 has a three-year annualized return of 1.4%.

MIEDX has an expense ratio of 1.06% as compared to the category average of 1.20%.

MassMutual Premier Balanced R5 MBLDX invests in both equity and fixed income producing securities. MBLDX allocates between 40% and 70% in domestic equity securities, and invests between 1% and 15% in foreign equity securities. The fund invests 30–50% of its assets in securities that are expected to provide fixed income, and allocates not more than 30% of its assets in money market instruments. MassMutual Premier Balanced R5 has a three-year annualized return of 6%.

William Awad is one of the fund managers of MBLDX and since 2005.

MassMutual Premier Main Street Service MMSYX seeks a high level of total return. Though MMSYX invests in common stocks of companies irrespective of market capitalization, it currently emphasizes in securities of companies having market capitalization similar to those listed on the Russell 1000 Growth Index. MMSYX may also invest a maximum of 15% of its assets in securities of companies located in foreign lands. MassMutual Premier Main Street Service has a three-year annualized return of 10.1%.

Print Friendly, PDF & Email
No tags for this post.

Related posts

Leave a Reply

Your email address will not be published. Required fields are marked *