Buy These 3 MassMutual Funds For Great Returns
Founded in 1851, Massachusetts Mutual Life Insurance Company or MassMutual uses a multi-manager approach to offer services like life policies, money management and retirement planning throughout the globe. The company and its subsidiaries, which include Oppenheimer Funds, provide investment opportunities across a number of mutual funds from different categories.
Below we share with you three top-ranked MassMutual mutual funds. Each has a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future.
MassMutual Select Small Cap Growth Equity Fund (MSGSX - Free Report) invests a chunk of its assets in equity securities of companies, whose market cap is similar to those included on the S&P SmallCap 600 Index or the Russell 2000 Index. The fund may also invest around one-fifth of its assets in foreign companies, including those engaged in emerging markets. MassMutual Select Small Cap Growth Equity R5 has three-year annualized returns of 8.81%.
MSGSX has an expense ratio of 0.95% compared with the category average of 1.23%.
MassMutual Premier Disciplined Growth Service (DEIGX - Free Report) seeks to outperform the Russell 1000 Growth Index in terms of total returns. DEIGX invests primarily in common stocks of growth-oriented companies. DEIGX invests in companies having market capitalizations of more than $200 million. MassMutual Premier Disciplined Growth Service has three-year annualized returns of 9.64%.
As of September 2018, DEIGX held 385 issues, with 9.16% of its assets invested in Apple Inc.
MassMutual RetireSMART Moderate Growth Administrative (MRLSX - Free Report) is a "fund of funds." The fund attains its investment objective by investing in other U.S. and non-U.S. mutual funds. MRSLX uses its asset allocation strategy by investing around 85% of its assets in equity and related funds, and about 15% of its assets in fixed income funds. MassMutual RetireSMART Moderate Growth Administrative has returned 7.51% over the past three years.
Michael E. Schroer has been the fund manager of MRLSX since 2009.
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this ...
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