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 three 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 Growth ServiceDEIGX 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 capitalizations of more than $200 million. MassMutual Premier Disciplined Growth Service has one-year annualized returns of 23.5%.
As of September 2018, DEIGX held 385 issues, with 9.16% of its assets invested in Apple Inc.
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 one-year annualized returns of 13.3%.
MDVSX has an expense ratio of 0.68% compared to a category average of 1.04%.
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 are expected to have high growth potential in the long-term. MassMutual Select Mid Cap Growth R4 has one-year annualized returns of 16.7%.
Brian W.H. Berghuis is one of the fund managers of MEFFX since 2000.
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 reportGet Your Free (MEFFX): Fund Analysis ReportGet Your Free (MDVSX): Fund Analysis ReportGet Your Free (DEIGX): Fund Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research