Massachusetts Mutual Life Insurance Company or MassMutual, along with its subsidiaries including OppenheimerFunds, 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 as one of the leading asset managers by virtue of managing around $771 billion of assets along with its affiliates.
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. 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 .
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 capitalizations of more than $200 million. MassMutual Premier Disciplined Growth Service has three-year annualized returns of 11.6%.
As of March 2018, DEIGX held 407 issues, with 6.96% of its assets invested in Apple Inc.
MassMutual Premier Main Street Service MMSYX seeks a high level of total returns. Though MMSYX invests in common stocks of companies irrespective of market capitalization, it currently emphasizes investing in securities of companies having market capitalization similar to those listed in the Russell 1000 Growth Index. MMSYX may also invest a maximum of 15% of its assets in securities of companies located in foreign lands. The MassMutual Premier Main Street Service fund has three-year annualized returns of 8.2%.
MMSYX has an expense ratio of 0.91% as compared to the category average of 0.95%.
MassMutual Premier Global Fund Administrative Class MGFLX seeks long-term growth of capital. MGFLX invests in common stocks of companies that are based in domestic and foreign countries. The fund may also invest in foreign securities ranging from American Depositary Receipts to securities issued by companies in developing or emerging markets. MassMutual Premier Global Fund Administrative Class has three-year annualized returns of 9.3%.
John Delano is one of the fund managers of MGFLX since 2017.
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 (MGFLX): Fund Analysis Report Get Your Free (MMSYX): Fund Analysis Report Get Your Free (DEIGX): Fund Analysis Report To read this article on Zacks.com click here. Zacks Investment Research