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Massachusetts Mutual Life Insurance Company or MassMutual, along with its subsidiaries manages a significant number of mutual funds across different categories including both equity and fixed-income funds. MassMutual uses a multi-manger approach to offer services including life policies, money management and retirement planning to its clients throughout the globe. The company was founded in 1851 and is considered one of the leading asset managers by virtue of managing around $55.9 billion of assets along with its affiliates, as of Jun 30, 2019.
Below we share with you three 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.
MassMutual Select Diversified Value Fund Class R5 (MDVSX - Free Report) invests a huge portion of its assets in securities, including stocks of domestic companies. The fund may also invest around one-fourth of its assets in non-U.S. securities and ADRs. MDVSX seeks capital growth and high income by investing mainly in big well-established companies. MDVSX has three-year annualized returns of 11.2%.
Joseph J. Kirby is one of the fund managers of MDVSX since 2010.
MassMutual Select Small Cap Growth Equity Fund Class R5 (MSGSX - Free Report) aims for long-term capital appreciation. The fund invests the majority of its assets in equity securities of companies whose market capitalization, at the time of buying the securities, are within the range of market capitalizations for the companies included in Russell 2000 Index or S&P SmallCap 600 Index. The fund may also invest a lesser part of its assets in non-U.S. securities. MSGSX has three-year annualized returns of 16.7%.
MSGSX has an expense ratio of 0.96% compared to a category average of 1.22%.
MassMutual Premier Disciplined Growth Fund Service Class (DEIGX - Free Report) seeks to outperform the Russell 1000 Growth Index in terms of total returns. DEIGX invests primarily in common stocks of growth-oriented companies. DEIGX invests in companies having market capitalization of more than $200 million. DEIGX has three-year annualized returns of 17.2%.
As of September 2019, DEIGX held 382 issues, with 8.57% of its assets invested in Microsoft Corp.
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