MassMutual Short Duration Bd Svc (MSBYX)
| Fund Assets | 116.02M |
| Expense Ratio | 0.66% |
| Min. Investment | $0.00 |
| Turnover | 34.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.97% |
| Dividend Growth | 10.61% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Oct 31, 2025 |
| Previous Close | 9.34 |
| YTD Return | 2.38% |
| 1-Year Return | 2.93% |
| 5-Year Return | 5.36% |
| 52-Week Low | 9.14 |
| 52-Week High | 9.36 |
| Beta (5Y) | n/a |
| Holdings | 217 |
| 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 2.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.79%.
Top 10 Holdings
56.25% of assets| Name | Symbol | Weight |
|---|---|---|
| 2 Year Treasury Note Future Dec 25 | n/a | 42.42% |
| BHG SECURITIZATION TRUST 2021-B 2.24% | BHG.2021-B C | 2.35% |
| VW Credit, Inc. 0% | n/a | 1.97% |
| Penske Truck Leasing Co Lp / P 11/25 Zcp | n/a | 1.96% |
| 522 Funding Clo 2018-3(A) Ltd. 6.1371% | MORGN.2018-3A BR | 1.55% |
| ONE NEW YORK PLAZA TR 20-1NYP 6.46548% | ONYP.2020-1NYP C | 1.36% |
| Campbell Soup Co. 12/25 Zcp | n/a | 1.31% |
| VERUS SEC TR 2021-1 1.968% | VERUS.2021-1 M1 | 1.19% |
| BALLYROCK CLO LTD 2020-2 6.1371% | BALLY.2020-2A A2R | 1.12% |
| Fixed Inc Clearing Corp.Repo | n/a | 1.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 31, 2025 | $0.03184 | Nov 3, 2025 |
| Sep 30, 2025 | $0.0345 | Oct 1, 2025 |
| 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 |