Massmutual Premier Funds - MassMutual Inflation Prot And Inc Fd USD Cls R3
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$8.88
$634 M
2.43%
$0.22
1.21%
Vitals
YTD Return
-2.6%
1 yr return
-1.7%
3 Yr Avg Return
-2.6%
5 Yr Avg Return
1.4%
Net Assets
$634 M
Holdings in Top 10
21.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.21%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 100.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$8.88
$634 M
2.43%
$0.22
1.21%
MIPNX - Profile
Distributions
- YTD Total Return -2.6%
- 3 Yr Annualized Total Return -2.6%
- 5 Yr Annualized Total Return 1.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.02%
- Dividend Yield 2.4%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameMassmutual Premier Funds - MassMutual Inflation Prot And Inc Fd USD Cls R3
-
Fund Family NameMASSMUTUAL FUNDS
-
Inception DateJan 26, 2004
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDouglas Trevallion
Fund Description
MIPNX - Performance
Return Ranking - Trailing
Period | MIPNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -2.6% | -10.0% | 3.8% | 95.67% |
1 Yr | -1.7% | -17.3% | 5.0% | 57.49% |
3 Yr | -2.6%* | -13.5% | 5.7% | 83.66% |
5 Yr | 1.4%* | -6.4% | 5.1% | 81.54% |
10 Yr | 1.2%* | -2.2% | 2.7% | 72.06% |
* Annualized
Return Ranking - Calendar
Period | MIPNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.4% | -8.7% | 5.1% | 7.28% |
2022 | -16.5% | -52.3% | -4.0% | 45.32% |
2021 | -1.1% | -7.9% | 7.7% | 88.94% |
2020 | 5.5% | -29.4% | 23.0% | 73.47% |
2019 | 5.9% | 0.8% | 16.7% | 33.85% |
Total Return Ranking - Trailing
Period | MIPNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -2.6% | -10.0% | 3.8% | 95.67% |
1 Yr | -1.7% | -17.3% | 5.0% | 57.49% |
3 Yr | -2.6%* | -13.5% | 5.7% | 83.66% |
5 Yr | 1.4%* | -6.4% | 5.1% | 81.54% |
10 Yr | 1.2%* | -2.2% | 2.7% | 72.06% |
* Annualized
Total Return Ranking - Calendar
Period | MIPNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.9% | -5.2% | 9.5% | 14.08% |
2022 | -13.9% | -40.1% | 9.2% | 96.06% |
2021 | 5.3% | -2.7% | 37.6% | 52.26% |
2020 | 10.7% | -0.5% | 27.5% | 35.20% |
2019 | 7.4% | 2.8% | 19.3% | 47.18% |
NAV & Total Return History
MIPNX - Holdings
Concentration Analysis
MIPNX | Category Low | Category High | MIPNX % Rank | |
---|---|---|---|---|
Net Assets | 634 M | 968 K | 51.8 B | 58.17% |
Number of Holdings | 189 | 2 | 1521 | 42.79% |
Net Assets in Top 10 | 54.3 M | 949 K | 25 B | 90.87% |
Weighting of Top 10 | 21.72% | 9.2% | 100.1% | 93.72% |
Top 10 Holdings
- COLT 2022 1 A1 144A 2.75%
- STACR 2021 HQA3 M1 144A 2.73%
- CSMC 2019 ICE4 D 144A 2.39%
- SHORT TERMS 2.00%
- SHORT TERMS 2.00%
- SHORT TERMS 1.99%
- SHORT TERMS 1.98%
- SHORT TERMS 1.98%
- SHORT TERMS 1.96%
- SHORT TERMS 1.95%
Asset Allocation
Weighting | Return Low | Return High | MIPNX % Rank | |
---|---|---|---|---|
Other | 61.84% | -45.31% | 61.84% | 2.40% |
Cash | 20.89% | -42.00% | 30.48% | 2.88% |
Bonds | 19.37% | 0.00% | 200.47% | 96.63% |
Stocks | 0.00% | 0.00% | 100.07% | 71.15% |
Preferred Stocks | 0.00% | 0.00% | 0.08% | 71.63% |
Convertible Bonds | 0.00% | 0.00% | 3.96% | 78.85% |
Bond Sector Breakdown
Weighting | Return Low | Return High | MIPNX % Rank | |
---|---|---|---|---|
Securitized | 58.03% | 0.00% | 58.03% | 2.40% |
Government | 32.92% | 6.70% | 112.97% | 94.23% |
Cash & Equivalents | 20.89% | 0.00% | 20.89% | 2.40% |
Derivative | 2.79% | -17.13% | 17.98% | 20.67% |
Corporate | 0.00% | 0.00% | 50.64% | 88.46% |
Municipal | 0.00% | 0.00% | 1.28% | 76.92% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MIPNX % Rank | |
---|---|---|---|---|
US | 19.37% | 0.00% | 172.85% | 96.15% |
Non US | 0.00% | 0.00% | 54.30% | 84.13% |
MIPNX - Expenses
Operational Fees
MIPNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.21% | 0.03% | 22.29% | 18.45% |
Management Fee | 0.38% | 0.00% | 0.99% | 69.71% |
12b-1 Fee | 0.50% | 0.00% | 1.00% | 69.15% |
Administrative Fee | 0.20% | 0.01% | 0.40% | 80.26% |
Sales Fees
MIPNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 4.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | 78.94% |
Trading Fees
MIPNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
MIPNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 100.00% | 0.00% | 246.00% | 83.92% |
MIPNX - Distributions
Dividend Yield Analysis
MIPNX | Category Low | Category High | MIPNX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.43% | 0.00% | 14.33% | 70.67% |
Dividend Distribution Analysis
MIPNX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Monthly | Monthly |
Net Income Ratio Analysis
MIPNX | Category Low | Category High | MIPNX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.02% | -0.06% | 6.71% | 97.07% |
Capital Gain Distribution Analysis
MIPNX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 13, 2023 | $0.217 | OrdinaryDividend |
Dec 14, 2022 | $0.282 | OrdinaryDividend |
Dec 16, 2019 | $0.147 | OrdinaryDividend |
Dec 17, 2018 | $0.245 | OrdinaryDividend |
Dec 19, 2017 | $0.234 | OrdinaryDividend |
Dec 20, 2016 | $0.237 | OrdinaryDividend |
Dec 18, 2015 | $0.072 | OrdinaryDividend |
Dec 18, 2014 | $0.181 | OrdinaryDividend |
Dec 19, 2013 | $0.175 | OrdinaryDividend |
Dec 20, 2012 | $0.321 | OrdinaryDividend |
Dec 20, 2011 | $0.436 | OrdinaryDividend |
Dec 20, 2010 | $0.296 | OrdinaryDividend |
Dec 19, 2008 | $0.689 | OrdinaryDividend |
Dec 18, 2007 | $0.501 | OrdinaryDividend |
Dec 27, 2006 | $0.321 | OrdinaryDividend |
Dec 29, 2005 | $0.472 | OrdinaryDividend |
Dec 29, 2004 | $0.219 | OrdinaryDividend |
MIPNX - Fund Manager Analysis
Managers
Douglas Trevallion
Start Date
Tenure
Tenure Rank
Oct 31, 2008
13.59
13.6%
Douglas Trevallion is a member of the Barings Investment Grade Fixed Income Group and the Head of Global Securitized and Liquid Products. Doug is responsible for the portfolio management of the firm’s securitized and multi-asset portfolio strategies. Doug has worked in the industry since 1987 and his experience has encompassed stable value, core, core plus, active short and leveraged inflation strategies. Prior to joining the firm in 2000, he worked at Massachusetts Mutual Life Insurance Company where he established fixed income analytical and risk capabilities for the company. Doug holds a B.A. from the University of Massachusetts and is a member of the CFA Institute.
Yulia Alekseeva
Start Date
Tenure
Tenure Rank
Feb 01, 2020
2.33
2.3%
Yulia Alekseeva is a Portfolio Manager in the Barings Investment Grade Fixed Income Group and Head of Securitized Credit Research. Yulia has worked in the industry since 2005. Prior to re-joining the firm in 2019, Yulia was employed at Canada Pension Plan Investment Board as a Principal in the Structured Credit department following positions at Bank of America Merrill Lynch and PricewaterhouseCoopers. Yulia holds a B.A. in Economics & Finance from the Plekhanov Russian University of Economics and an M.B.A. degree from the Wharton School at the University of Pennsylvania. She is a member of the CFA Institute and an Associate Chartered Accountant with the Institute of Chartered Accountants in England and Wales (ICAEW).
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.17 | 20.51 | 6.61 | 11.1 |