Founded in 1851, Massachusetts Mutual Life Insurance Company or MassMutual uses a multi-manager approach to offer services like life policies, money management and retirement planning throughout the globe. The company and its subsidiaries, which include Oppenheimer Funds, provide investment opportunities across a number of mutual funds from different categories. MassMutual is considered one of the leading asset managers by virtue of managing around $701 billion (as of Dec 31, 2018) of assets along with its affiliates.
Below we share with you four top-ranked MassMutual mutual funds. Each has 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 Select Diversified Value R5 MDVSX 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 non-U.S. securities and ADRs. MDVSX seeks capital growth and high income by investing mainly in big well-established companies. MassMutual Select Diversified Value R5 has three-year annualized returns of 12.3%.
MDVSX has an expense ratio of 0.67% compared to a category average of 1.00%.
MassMutual Select Mid Cap Growth R4 MEFFX seeks capital growth for the long run. MEFFX maintains a diverse portfolio by investing mainly in equity securities of mid-cap companies that have high-growth potential over the long term. MassMutual Select Mid Cap Growth R4 has three-year annualized returns of 15.6%.
Brian W.H. Berghuis is one of the fund managers of MEFFX since 2000.
MassMutual Premier Disciplined Growth Service DEIGX 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. MassMutual Premier Disciplined Growth Service has three-year annualized returns of 16.7%.
As of March 2019, DEIGX held 390 issues, with 7.10% of its assets invested in Apple Inc (NASDAQ:AAPL).
MassMutual Select Fundamental Growth Fund Class I MOTZX seeks long-term capital growth. The fund mostly invests in domestic equity securities that the fund’s sub-adviser thinks has the potential to offer long-term growth. These equity securities may comprise preferred stocks, common stocks, rights and warrants etc. MOTZX has three-year annualized returns of 15.9%.
MOTZX has an expense ratio of 0.57% compared with the category average of 1.00%.
To view the Zacks Rank and past performance of all MassMutual mutual funds, investors can click here to see the complete list of funds.
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Zacks Investment Research