MMBDX: MassMutual Premier Balanced A - MutualFunds.com

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MMBDX MassMutual Premier Balanced A

  • Fund
  • MMBDX
  • Price as of: Oct 11, 2019
  • $11.72 + $0.08 + 0.69%

MMBDX - Profile

Vitals

  • YTD Return 12.4%
  • 3 Yr Annualized Return 7.8%
  • 5 Yr Annualized Return 6.0%
  • Net Assets $127 M
  • Holdings in Top 10 19.3%

52 WEEK LOW AND HIGH

$11.72
$10.08
$12.13

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.25%

SALES FEES

  • Front Load 5.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 77.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

N/A

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--50% to 70% Equity

Distributions

  • YTD Total Return 12.4%
  • 3 Yr Annualized Total Return 5.8%
  • 5 Yr Annualized Total Return 4.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.22%
DIVIDENDS
  • Dividend Yield 1.2%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name MassMutual Premier Balanced Fund
  • Fund Family Name MassMutual
  • Inception Date Dec 31, 1997
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager David L. Nagle

Fund Description

Under normal market conditions, the fund's subadviser expects that 40%-70% of the fund's net assets will be invested in U.S. equity securities (the U.S. Equity Segment), 1%-15% of the fund's net assets will be invested in international equity securities (the International Equity Segment), 30%-50% of the fund's net assets will be invested in fixed income securities (the Bond Segment), and up to 30% of the fund's net assets will be invested in money market instruments (the Money Market Segment).

MMBDX - Performance

Return Ranking - Trailing

Period MMBDX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.4% -38.3% 24.6% 26.52%
1 Yr 1.4% -95.5% 33.0% 51.64%
3 Yr 7.8%* -63.1% 26.2% 8.32%
5 Yr 6.0%* -45.7% 13.5% 9.89%
10 Yr 8.1%* -37.9% 15.4% 14.42%

* Annualized


Return Ranking - Calendar

Period MMBDX Return Category Return Low Category Return High Rank in Category (%)
2018 -12.6% -93.5% 19.0% 75.38%
2017 8.1% -44.7% 46.3% 31.36%
2016 6.0% -84.5% 146.1% 24.88%
2015 -11.7% -40.7% 14.6% 91.67%
2014 -2.4% -35.0% 306.6% 76.50%

Total Return Ranking - Trailing

Period MMBDX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.4% -38.3% 24.6% 28.91%
1 Yr -4.1% -25.4% 33.0% 89.40%
3 Yr 5.8%* -49.6% 26.2% 36.54%
5 Yr 4.8%* -40.9% 13.5% 43.76%
10 Yr 7.5%* -37.9% 15.4% 34.38%

* Annualized


Total Return Ranking - Calendar

Period MMBDX Return Category Return Low Category Return High Rank in Category (%)
2018 -12.6% -27.2% 19.0% 87.49%
2017 15.6% -44.7% 46.3% 8.99%
2016 8.2% -84.5% 146.1% 25.35%
2015 -2.0% -36.9% 14.6% 44.70%
2014 8.1% -35.0% 306.6% 25.77%

NAV & Total Return History

MMBDX - Holdings

Concentration Analysis

MMBDX Category Low Category High MMBDX % Rank
Net Assets 127 M 595 K 150 B 66.96%
Number of Holdings 966 2 13525 10.64%
Net Assets in Top 10 28.3 M -32.5 M 27.3 B 75.78%
Weighting of Top 10 19.32% 9.0% 808.8% 80.76%

Top 10 Holdings

  1. Us 2yr Note (Cbt) Sep19 Xcbt 20190930 2.65%

  2. Us 5yr Note (Cbt) Sep19 Xcbt 20190930 2.18%

  3. Vanguard FTSE Developed Markets ETF 2.13%

  4. Microsoft Corp 2.10%

  5. S+p500 Emini Fut Sep19 Xcme 20190920 2.01%

  6. iShares MSCI EAFE ETF 1.95%

  7. Apple Inc 1.71%

  8. Government National Mortgage Association 3.5% 1.69%

  9. US Ultra Bond (CBT) Sept19 1.46%

  10. Amazon.com Inc 1.43%


Asset Allocation

Weighting Return Low Return High MMBDX % Rank
Stocks
51.80% -41.01% 85.51% 39.06%
Bonds
38.42% -35.77% 80.79% 57.23%
Cash
9.28% -46.53% 72.58% 22.07%
Convertible Bonds
0.40% 0.00% 88.42% 41.99%
Preferred Stocks
0.09% 0.00% 49.94% 45.51%
Other
0.01% -36.58% 100.69% 51.76%

Stock Sector Breakdown

Weighting Return Low Return High MMBDX % Rank
Technology
11.98% -18.03% 25.15% 24.28%
Financial Services
8.54% -7.21% 29.64% 36.77%
Healthcare
6.45% -6.04% 21.65% 39.44%
Consumer Cyclical
5.96% -10.48% 41.19% 30.72%
Industrials
4.22% -2.39% 24.83% 55.40%
Consumer Defense
3.50% -4.20% 11.56% 45.89%
Energy
2.15% -2.02% 67.98% 55.10%
Communication Services
1.72% -6.69% 6.14% 36.17%
Utilities
1.44% -2.30% 56.62% 48.27%
Basic Materials
1.42% -1.69% 15.06% 46.28%
Real Estate
1.24% -8.18% 50.68% 61.35%

Stock Geographic Breakdown

Weighting Return Low Return High MMBDX % Rank
US
44.19% -41.02% 95.72% 38.87%
Non US
7.61% -71.32% 29.49% 36.43%

Bond Sector Breakdown

Weighting Return Low Return High MMBDX % Rank
Securitized
18.92% 0.00% 45.59% 18.55%
Corporate
11.37% -8.79% 89.23% 75.00%
Government
8.09% -149.28% 80.79% 69.63%
Cash & Equivalents
3.00% -46.36% 335.52% 58.20%
Municipal
0.36% 0.00% 58.02% 20.51%
Derivative
0.16% -84.86% 22.55% 8.79%

Bond Geographic Breakdown

Weighting Return Low Return High MMBDX % Rank
US
35.25% -36.43% 358.36% 58.79%
Non US
3.17% -302.38% 18.65% 48.63%

MMBDX - Expenses

Operational Fees

MMBDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.25% 0.00% 18.45% 39.66%
Management Fee 0.48% 0.00% 2.00% 41.25%
12b-1 Fee 0.25% 0.00% 1.00% 43.98%
Administrative Fee 0.15% 0.00% 0.83% 72.27%

Sales Fees

MMBDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 1.00% 5.75% 50.00%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

MMBDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.75% 2.00% N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MMBDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 77.00% 0.00% 1373.00% 71.50%

MMBDX - Distributions

Dividend Yield Analysis

MMBDX Category Low Category High MMBDX % Rank
Dividend Yield 1.20% 0.00% 11.91% 34.47%

Dividend Distribution Analysis

MMBDX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

MMBDX Category Low Category High MMBDX % Rank
Net Income Ratio 1.22% -4.09% 6.65% 68.29%

Capital Gain Distribution Analysis

MMBDX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

MMBDX - Managers

David L. Nagle

Manager

Start Date

Tenure

Tenure Rank

Sep 30, 1994

25.02

25.0%

David Nagle is the Head of Barings Multi Strategy Fixed Income Group. Dave is responsible for the portfolio management of the firm’s investment grade strategies. Dave has worked in the industry since 1986 and his experience has encompassed multi-sector portfolio and risk management, and asset allocation. Dave holds a B.A. in Economics and Finance from Lafayette College and is a member of the CFA Institute.


Michael F. Farrell

Manager

Start Date

Tenure

Tenure Rank

Oct 31, 2000

18.93

18.9%

Michael F. Farrell is a Managing Director and Head of Barings’ GIA Oversight & Public Equity Team.Mr. Farrell was recognized as one of the nations top 100 mutual fund managers by Barron’s in 2007 and 2006. Prior to joining Barings in 2000, Mr. Farrell worked as an economist and quantitative portfolio manager at Aeltus Investment Management.


Chris C. Cao

Manager

Start Date

Tenure

Tenure Rank

Jun 30, 2001

18.26

18.3%

Chris C. Cao is a Managing Director and member of Barings’ GIA Oversight & Public Equity Team.Prior to joining Barings in 2001, Mr. Cao was employed by Aeltus Investment Management and more recently at INVESCO.


Douglas M. Trevallion

Manager

Start Date

Tenure

Tenure Rank

Oct 30, 2008

10.92

10.9%

Douglas Trevallion is a member of the Barings Multi Strategy Fixed Income Group and the Head of Global Securitized Products. Doug is responsible for the portfolio management of the firm’s securitized and multi-asset portfolio strategies. Doug has worked in the industry since 1987 and his experience has encompassed stable value, core, core plus, active short and leveraged inflation strategies. Prior to joining the firm in 2000, he worked at Massachusetts Mutual Life Insurance Company where he established fixed income analytical and risk capabilities for the company. Doug holds a B.A. from the University of Massachusetts and is a member of the CFA Institute.


Scott Simler

Manager

Start Date

Tenure

Tenure Rank

Jul 31, 2009

10.17

10.2%

Scott Simler is a Director and member of Barings’ Global Fixed Income Team.Prior to joining Barings in 2005, Mr. Simler was employed at Citigroup Investments.


Stephen Ehrenberg

Manager

Start Date

Tenure

Tenure Rank

Feb 01, 2019

0.66

0.7%

Stephen Ehrenberg is a Managing Director and Portfolio Manager. Mr. Ehrenberg is a Portfolio Manager for the Event Driven Investment Team at Babson. Steve performs equity, credit and distressed analysis for the investments in the fund. He has over 12 years of industry experience. Prior to joining Babson Capital in 2004, he worked in capital markets at MassMutual as part of their executive development program. Mr. Ehrenberg holds a B.S. in Mechanical Engineering from the United States Military Academy at West Point (Phi Beta Kappa) and an M.B.A. from the University of Michigan Business School, where he received his degree with high distinction. Prior to attending business school, Mr. Ehrenberg served as a Captain in the U.S. Army, where he held numerous leadership positions and graduated from both Airborne and Ranger School. He is also a member of the CFA Institute.


Tenure Analysis

Category Low

0.0

Category High

35.77

Category Average

6.78

Category Mode

7.37