MassMutual Core Bond Fund Service Class (MCBYX)
| Fund Assets | 785.81M |
| Expense Ratio | 0.62% |
| Min. Investment | $100,000 |
| Turnover | 248.00% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 4.50% |
| Dividend Growth | -32.15% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 9.09 |
| YTD Return | 2.88% |
| 1-Year Return | 3.01% |
| 5-Year Return | -4.12% |
| 52-Week Low | 8.84 |
| 52-Week High | 9.37 |
| Beta (5Y) | n/a |
| Holdings | 361 |
| Inception Date | Jan 1, 1998 |
About MCBYX
MassMutual Core Bond Fund Service Class is an open-ended mutual fund focused on the U.S. fixed income market. Its primary objective is to achieve a high total rate of return while maintaining prudent investment risk and preserving capital. The fund primarily invests at least 80% of its net assets in investment grade fixed income securities, including U.S. government securities, corporate bonds, mortgage-backed, and other asset-backed securities rated Baa or higher by Moody’s or BBB or higher by S&P. Managed by MML Investment Advisers, LLC and Barings LLC, the fund utilizes a diversified approach, with more than 370 individual holdings and a relatively high portfolio turnover. It benchmarks its performance against the Bloomberg U.S. Aggregate Bond Index, aiming to match its average duration within a tight range. This core bond fund plays a central role for investors seeking broad exposure to the investment grade bond market, offering a blend of corporate, government, and securitized debts. Its strategy makes it a foundational fixed income holding for balanced portfolios, appealing to those prioritizing stable income generation and moderate interest rate risk, typical of the intermediate-term core bond category.
Performance
MCBYX had a total return of 3.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.70%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGBPX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class I | 0.50% |
| FSMTX | Fidelity | Fidelity SAI Total Bond Fund | 0.29% |
| FGBCX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class C | 1.52% |
| FGBTX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class M | 0.74% |
| FTKFX | Fidelity | Fidelity Total Bond K6 Fund | 0.30% |
Top 10 Holdings
23.21% of assets| Name | Symbol | Weight |
|---|---|---|
| 2 Year Treasury Note Future Sept 25 | n/a | 6.93% |
| Us Long Bond(Cbt) Sep25 Xcbt 20250919 | n/a | 2.60% |
| 10 Year Treasury Note Future Sept 25 | n/a | 2.39% |
| Federal Home Loan Mortgage Corp. 2.5% | FR.SD7226 | 2.03% |
| Us Ultra Bond Cbt Sep25 Xcbt 20250919 | n/a | 1.92% |
| United States Treasury Bonds 2.25% | T.2.25 08.15.49 | 1.79% |
| United States Treasury Bonds 4.625% | T.4.625 11.15.44 | 1.74% |
| Federal National Mortgage Association 5.5% | FN.MA4842 | 1.58% |
| Federal National Mortgage Association 6% | FN.FA0095 | 1.12% |
| Federal National Mortgage Association 5% | FN.CB9465 | 1.11% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.03555 | Jul 1, 2025 |
| May 30, 2025 | $0.03295 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03463 | May 1, 2025 |
| Mar 31, 2025 | $0.03434 | Apr 1, 2025 |
| Feb 28, 2025 | $0.03362 | Mar 3, 2025 |
| Jan 31, 2025 | $0.03395 | Feb 3, 2025 |