MassMutual Core Bond Fund Class I (MCZZX)
| Fund Assets | 785.81M |
| Expense Ratio | 0.42% |
| Min. Investment | $100,000 |
| Turnover | 248.00% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 4.70% |
| Dividend Growth | -31.48% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 9.12 |
| YTD Return | 2.12% |
| 1-Year Return | 3.33% |
| 5-Year Return | 7.46% |
| 52-Week Low | 8.85 |
| 52-Week High | 9.38 |
| Beta (5Y) | n/a |
| Holdings | 361 |
| Inception Date | Dec 3, 2010 |
About MCZZX
MassMutual Core Bond Fund Class I is an institutional mutual fund within the intermediate core bond category. Its primary objective is to achieve a high total rate of return while maintaining prudent investment risk and preserving capital. The fund predominantly invests at least 80% of its net assets in investment-grade fixed income securities, including U.S. Treasury bonds, government agency issues, securitized assets, and high-quality corporate bonds. It features a diversified portfolio with medium credit quality and moderate interest rate sensitivity, as reflected in its effective duration of approximately six years. Notably, significant holdings include U.S. Treasury notes and bonds, as well as securities issued by government-sponsored enterprises such as the Federal National Mortgage Association. Designed for institutional investors, the fund offers a competitive expense ratio and emphasizes cost efficiency. MassMutual Core Bond Fund Class I plays a fundamental role for investors seeking broad-based exposure to the U.S. investment-grade bond market, serving as a core fixed income allocation for diversified portfolios aimed at balancing risk and return.
Performance
MCZZX had a total return of 3.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.36%.
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 | $0.03716 | Jul 1, 2025 |
| May 30, 2025 | $0.03447 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03615 | May 1, 2025 |
| Mar 31, 2025 | $0.03595 | Apr 1, 2025 |
| Feb 28, 2025 | $0.03506 | Mar 3, 2025 |
| Jan 31, 2025 | $0.03539 | Feb 3, 2025 |