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.
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 Premier Disciplined Value Service DENVX aims to outperform the Russell 1000 Value Index by framing a diversified portfolio of equity securities . Under normal circumstances, the fund will invest in companies that have market capitalization of $200 million or more at the time of purchase. DENVX has three and five-year annualized returns of 11.8% and 7.1%, respectively.
DENVX has an expense ratio of 0.77% compared with the category average of 1.00%.
MM S&P 500 Index I MMIZX invests the majority of its assets in equity securities of companies that are part of the broader S&P 500 index . The fund attempts to invest in equity securities of these companies in weightings that are approximately close to the relative composition of the securities that the index is composed of. MMIZX has three and five-year annualized returns of 15.1% and 10.5%, respectively.
As of March 2019, MMIZX held 510 issues, with 3.58% of its assets invested in Microsoft Corp.
MassMutual Premier Disciplined Value Administrative MPILX seeks to outperform the Russell 1000 Growth Index in terms of total returns. The fund attempts to do so by chiefly investing in a diversified portfolio of equity securities. The fund invests in companies having market capitalization of more than $200 million at the time of purchase. MPILX has three and five-year annualized returns of 11.7% and 7%, respectively.
Michael F. Farrell is one of the fund managers of MPILX since 2000.
MassMutual Select Equity Opportunities I MFVZX seeks long-term capital appreciation. The fund mostly invests in equity securities of companies based in the United States that the fund's advisors believe are financially sound and have the potential for improvement. MFVZX has three and five-year annualized returns of 19.5% and 10.1%, respectively.
MFVZX has an expense ratio of 0.74% compared to a category average of 0.95%.
To view the Zacks Rank and past performance of all MassMutual mutual funds, investors can click here to see the complete list of MassMutual funds .
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Get Your Free (MFVZX): Fund Analysis Report Get Your Free (MMIZX): Fund Analysis Report Get Your Free (DENVX): Fund Analysis Report Get Your Free (MPILX): Fund Analysis Report To read this article on Zacks.com click here.