About MDVAX
MassMutual Diversified Bond Fund Class A is a mutual fund that primarily focuses on delivering a superior total rate of return by investing in a broad and diversified portfolio of fixed income securities. The fund allocates at least 80% of its net assets in bonds, which may include government, corporate, and securitized debt instruments. Positioned within the intermediate core-plus bond category, it seeks to balance credit quality and interest rate sensitivity, maintaining a moderate level in both respects.
The portfolio is structured to capture opportunities across various segments of the fixed income market, with significant holdings in U.S. Treasury futures, mortgage-backed securities, corporate bonds, and short-term cash equivalents. Its diversified approach reduces exposure to any single issuer or sector, aiming for resilience in changing market conditions. The fund’s strategy is complemented by active management, adjusting sector and duration allocations to reflect evolving economic and interest rate environments.
MassMutual Diversified Bond Fund Class A serves investors seeking income and stability as part of a broader asset allocation strategy. With a track record dating back to 1999 and a substantial asset base, the fund plays a notable role in offering access to a diversified pool of fixed income investments for individual and institutional portfolios.
Fund Family MassMutual
Category Intermediate Core-Plus Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol MDVAX
Share Class Class A
Index Bloomberg U.S. Aggregate Bond TR
MDVAX had a total return of 8.40% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.15%.
