Fund Objective: This Fund seeks to achieve a high total rate of return primarily from current income while minimizing fluctuations in capital values by investing primarily in a diversified portfolio of short-term investment grade fixed income securities. Morningstar Category: Short-Term Bond Fund Net Assets: $504M Fund Inception Date: 10/03/1994 Trailing Returns:* Average Annual Total Return QTD YTD 1Y 3Y 5Y 10Y MassMutual Premier Short-Duration Bd R5 0.85 4.49 4.49 2.92 2.46 2.66 BBgBarc US Govt 1-3 Yr TR USD 0.51 3.59 3.59 1.86 1.40 1.25 Category Average Return - - 4.72 2.46 2.00 2.18 Category Rank - - 53 20 22 23 # Funds in Category - - 569 488 442 280 Growth of $10,000:* Treasury 0.38% ABS 37.14% CMBS 3.78% RMBS 10.27% MBS 0.54% IG - Credit 35.56% HY - Credit 2.20% Cash 3.85% Other 6.28% Sector Allocation: Fund Barclays US Govt 1-3 Year Calendar Year Returns:* Portfolio Characteristics: Portfolio Characteristics Average Maturity 4.96 Years Effective Duration 0.19 Years # of Bond Holdings 469 *Performance shown is for class R5 shares. Current performance may be higher or lower. Max Sales charge for R5 is 0%. P e r f o r m a n c e d a t a g i v e n r e p r e s e n t s p a s t p e r f o r m a n c e a n d d o e s n o t g u a r a n t e e f u t u r e r e s u l t s . C u r r e n t p e r f o r m a n c e m a y b e l o w e r o r h i g h e r t h a n r e t u r n d a t a q u o t e d h e r e i n . F o r m o r e c u r r e n t i n f o r m a t i o n , i n c l u d i n g m o n t h - e n d p e r f o r m a n c e , p l e a s e c a l l 1 - 8 6 6 - 4 4 4 - 2 6 0 1 . T h e i n v e s t m e n t r e t u r n a n d t h e p r i n c i p a l v a l u e o f a n i n v e s t m e n t w i l l f l u c t u a t e ; s o a n i n v e s t o r ' s s h a r e s , w h e n r e d e e m e d , m a y b e w o r t h m o r e o r l e s s t h a n t h e i r o r i g i n a l c o s t . I n v e s t m e n t p o r t f o l i o s t a t i s t i c s c h a n g e o v e r t i m e . R e t u r n s s h o w n d o n o t r e f l e c t t h e i m p a c t o f p l a n f e e s , w h i c h w i l l r e d u c e p e r f o r m a n c e . I n v e s t m e n t p o r t f o l i o s t a t i s t i c s c h a n g e o v e r t i m e . You cannot invest directly in an index. P r e - I n c e p t i o n R e t u r n s - The inception date listed is that of the oldest share class of the Fund. The inception date for each individual share class can be found on page 2. Performance shown subsequent to the inception date is the actual performance of the share class. Other share classes of the investment itself (depending upon the investment) may have existed longer, which may account for any pre-inception performance shown. If pre- inception performance is shown, it is generally the performance of an older share class of the investment itself (depending upon the investment) adjusted for fees and expenses of the newer share class. However, if using the expenses of the newer share class rather than the expenses of the older share class (due to lower expenses of the newer share class) would result in better performance, then pre-inception performance represents that of the older share class without any expense adjustment. P e r f o r m a n c e R e t u r n s - reflect performance of the investment without adjusting for sales charges or the effects of taxation, but is adjusted to reflect all actual ongoing investment expenses and assumes reinvestment of dividends and capital gains (if applicable). If adjusted, sales charges would reduce the performance quoted. In addition, due to market volatility, performance may vary greatly over short periods of time. The investment’s performance is generally compared with that of an index. The index is an unmanaged portfolio of specified securities and does not reflect any initial or ongoing expenses nor can it be invested in directly. An investment’s portfolio may differ significantly from the securities in the index. The Index may not be the same as the comparative index noted in the investment’s prospectus (if applicable). T h e G r o w t h o f $ 1 0 , 0 0 0 - graph shows an investment’s performance based on how $10,000 invested in the investment would have grown over time. The growth of $10,000 begins at the investment’s inception date or the first year listed on the graph, whichever is appropriate. NOT FDIC INSURED MAY LOSE VALUE NO BANK GUARANTEE Fact Sheet MassMutual Premier Short Duration Bond Fund Barings LLC I: MSTZX R5: MSTDX SVC: MSBYX ADM: MSTLX R4: MPSDX A : MSHAX R3: MSDNX As of 12/31/2019 Fund Performance Over 10 Years 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 $10,000 $11,000 $13,004 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
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Fund Objective:This Fund seeks to achieve a high total rate of return primarily from currentincome while minimizing fluctuations in capital values by investing primarilyin a diversified portfolio of short-term investment grade fixed incomesecurities.
Morningstar Category: Short-Term Bond Fund Net Assets: $504M Fund Inception Date: 10/03/1994
Portfolio Characteristics:Portfolio CharacteristicsAverage Maturity 4.96 Years
Effective Duration 0.19 Years
# of Bond Holdings 469
*Performance shown is for class R5 shares. Current performance may be higher or lower. Max Sales charge for R5 is 0%.Performance data given represents past performance and does not guarantee future results. Current performance may belower or h igher than return data quoted herein. For more current information, including month-end performance, please cal l1-866-444-2601. The investment return and the pr incipal value of an investment wi l l f luctuate; so an investor 's shares, whenredeemed, may be worth more or less than their or ig inal cost . Investment portfol io stat ist ics change over t ime. Returns showndo not ref lect the impact of p lan fees , which wi l l reduce performance. Investment portfol io stat ist ics change over t ime. Youcannot invest directly in an index.Pre-Inception Returns - The inception date listed is that of the oldest share class of the Fund. The inception date for each individual share class canbe found on page 2. Performance shown subsequent to the inception date is the actual performance of the share class. Other share classes of theinvestment itself (depending upon the investment) may have existed longer, which may account for any pre-inception performance shown. If pre-inception performance is shown, it is generally the performance of an older share class of the investment itself (depending upon the investment)adjusted for fees and expenses of the newer share class. However, if using the expenses of the newer share class rather than the expenses of the oldershare class (due to lower expenses of the newer share class) would result in better performance, then pre-inception performance represents that of theolder share class without any expense adjustment.Performance Returns - reflect performance of the investment without adjusting for sales charges or the effects of taxation, but is adjusted toreflect all actual ongoing investment expenses and assumes reinvestment of dividends and capital gains (if applicable). If adjusted, sales charges wouldreduce the performance quoted. In addition, due to market volatility, performance may vary greatly over short periods of time. The investment’sperformance is generally compared with that of an index. The index is an unmanaged portfolio of specified securities and does not reflect any initial orongoing expenses nor can it be invested in directly. An investment’s portfolio may differ significantly from the securities in the index. The Index maynot be the same as the comparative index noted in the investment’s prospectus (if applicable).The Growth of $10,000 - graph shows an investment’s performance based on how $10,000 invested in the investment would have grown over time.The growth of $10,000 begins at the investment’s inception date or the first year listed on the graph, whichever is appropriate.
NOT FDIC INSURED MAY LOSE VALUE NO BANK GUARANTEE
Fact Sheet MassMutual Premier Short Duration Bond FundBarings LLC