HOME

Summary

Subadvisor

Barings LLC

Inception Date

10/03/1994

Morningstar Category

Short-Term Bond

Portfolio Managers

  • Ronald E. Desautels | Barings LLC | Managed the fund since inception
  • David L. Nagle | Barings LLC | Managed the fund since inception
  • Nathaniel Barker | Barings LLC | Managed the fund since November 2017
  • Douglas M. Trevallion, II | Barings LLC | Managed the fund since June 2008

Investment Objective

This Fund seeks to achieve a high total rate of return primarily from current income while minimizing fluctuations in capital values by investing primarily in a diversified portfolio of short-term investment grade fixed income securities.

Investment Overview

The investment seeks to achieve a high total rate of return primarily from current income while minimizing fluctuations in capital values by investing primarily in a diversified portfolio of short-term investment grade fixed income securities. The fund invests at least 80% of its net assets in investment grade fixed income securities. It seeks to maintain a dollar-weighted average duration of less than three years. Normally, 10% or less of the fund's total assets will be invested in below investment grade debt securities.

Fund Basics

Return to Top
Ticker
Gross Expense Ratio
Net Expense Ratio
Ticker MSTZX
Gross Expense Ratio 0.40%
Net Expense Ratio 0.40%
Ticker MSTDX
Gross Expense Ratio 0.50%
Net Expense Ratio 0.50%
Ticker MSBYX
Gross Expense Ratio 0.60%
Net Expense Ratio 0.60%
Ticker MSTLX
Gross Expense Ratio 0.70%
Net Expense Ratio 0.70%
Ticker MSHAX
Gross Expense Ratio 0.95%
Net Expense Ratio 0.95%
Ticker MPSDX
Gross Expense Ratio 0.85%
Net Expense Ratio 0.85%
Ticker MSDNX
Gross Expense Ratio 1.10%
Net Expense Ratio 1.10%

Investment Risk

The Fund’s Principal Risks include - Bank Loans Risk, Below Investment Grade Debt Securities Risk, Cash Position Risk, Credit Risk, Defaulted and Distressed Securities Risk, Derivatives Risk, Dollar Roll and Reverse Repurchase Agreement Transaction Risk, Fixed Income Securities Risk, Foreign Investment Risk; Emerging Markets Risk; Currency Risk, Frequent Trading/Portfolio Turnover Risk, Inflation Risk, Leveraging Risk, Liquidity Risk, Management Risk, Market Risk, Mortgage- and Asset-Backed Secuirites Risk, Repurchase Agreement Risk, Restricted Securities Risk, Risk of Investment in Other Funds or Pools, Sovereign Debt Obligations Risk, U.S. Government Securities Risk, Valuation Risk, When Issued, Delayed Delivery, TBA, and Forward Commitment Transaction Risk. Please refer to the summary prospectus (via the link below or by sending an email to fundinfo@massmutual.com) for more information on the specific risks.