MassMutual Short Duration Bd I (MSTZX)
| Fund Assets | 136.81M |
| Expense Ratio | 0.46% |
| Min. Investment | $0.00 |
| Turnover | 34.00% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 4.13% |
| Dividend Growth | 12.23% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.38 |
| YTD Return | 2.74% |
| 1-Year Return | 3.72% |
| 5-Year Return | 7.39% |
| 52-Week Low | 9.16 |
| 52-Week High | 9.39 |
| Beta (5Y) | n/a |
| Holdings | 216 |
| Inception Date | Dec 3, 2010 |
About MSTZX
MassMutual Short-Duration Bond Fund Class I is an actively managed mutual fund focused on U.S. investment‑grade fixed income with a short interest‑rate profile. Its primary objective is to deliver a high total rate of return driven mainly by current income while aiming to limit fluctuations in capital values. The portfolio concentrates on short‑term bonds, typically within a one- to three‑and‑a‑half‑year duration range, which helps reduce sensitivity to interest‑rate moves relative to intermediate and long‑duration strategies. The fund invests across sectors such as Treasuries, corporate bonds, asset‑backed and commercial mortgage‑backed securities, reflecting a diversified approach to high‑quality credit. It is positioned within the short‑term bond category, a segment often used by investors to manage liquidity needs, dampen portfolio volatility, and serve as a core defensive fixed‑income allocation. Managed by affiliated Barings teams, the strategy emphasizes rigorous credit research and active sector rotation to balance income generation with risk control. Within the broader fixed‑income market, the fund plays a role as a stability anchor, seeking consistent income and prudent capital preservation through changing rate environments.
Performance
MSTZX had a total return of 3.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.48%.
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 | $0.03183 | Sep 2, 2025 |
| Jul 31, 2025 | $0.03383 | Aug 1, 2025 |
| Jun 30, 2025 | $0.03463 | Jul 1, 2025 |
| May 30, 2025 | $0.03123 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03309 | May 1, 2025 |
| Mar 31, 2025 | $0.03201 | Apr 1, 2025 |