MassMutual Short Duration Bd Svc (MSBYX)
| Fund Assets | 136.81M |
| Expense Ratio | 0.66% |
| Min. Investment | $0.00 |
| Turnover | 34.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.93% |
| Dividend Growth | 15.12% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.36 |
| YTD Return | 2.60% |
| 1-Year Return | 3.53% |
| 5-Year Return | 6.53% |
| 52-Week Low | 9.14 |
| 52-Week High | 9.36 |
| Beta (5Y) | n/a |
| Holdings | 216 |
| Inception Date | Jan 1, 1998 |
About MSBYX
MassMutual Short-Duration Bond Fund Service Class is an open-end mutual fund focused on investment-grade fixed income with a short interest-rate profile. Its primary objective is to deliver a high total rate of return primarily from current income while seeking to minimize fluctuations in capital values through short-duration positioning. The portfolio is predominantly allocated to bonds with a meaningful cash sleeve, reflecting an emphasis on liquidity and rate risk control rather than equity exposure. Reported holdings indicate exposure to diversified securitized credit—including asset-backed securities, commercial mortgage-backed securities, and collateralized loan obligation tranches—alongside investment-grade corporate issuers and cash equivalents, highlighting a multi-sector approach within the short-duration universe. The fund’s role in the market is to provide a conservative core bond allocation that targets lower volatility and reduced sensitivity to interest-rate movements relative to intermediate-term bond strategies, while still aiming to capture income from high-quality short-term debt. It serves investors and plan sponsors seeking stability, diversification from equities, and a mechanism to manage duration risk within fixed income allocations.
Performance
MSBYX had a total return of 3.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.81%.
Top 10 Holdings
22.95% of assets| Name | Symbol | Weight |
|---|---|---|
| Amrize Finance US LLC | n/a | 3.42% |
| American Honda Finance Corp | n/a | 2.72% |
| Ballyrock Ltd - Ballyrock CLO 2020-2 Ltd | n/a | 2.54% |
| Bankers Healthcare Group Securitization Trust - BHG Securitization Trust 2021-B | BHG.2021-B C | 2.42% |
| Southern Power Co | n/a | 2.05% |
| Phillips 66 | n/a | 2.05% |
| Eversource Energy | n/a | 2.05% |
| VW Credit Inc | n/a | 2.05% |
| Marriott International Inc/MD | n/a | 2.04% |
| 522 Funding CLO LTD - 522 Funding CLO 2018-3A Ltd | n/a | 1.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.0303 | Sep 2, 2025 |
| Jul 31, 2025 | $0.03227 | Aug 1, 2025 |
| Jun 30, 2025 | $0.03268 | Jul 1, 2025 |
| May 30, 2025 | $0.02963 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03149 | May 1, 2025 |
| Mar 31, 2025 | $0.03034 | Apr 1, 2025 |