MCBNX

About MCBNX

MassMutual Core Bond Fund Class R3 is a mutual fund that primarily targets investment-grade U.S. fixed income securities, including government, corporate, and securitized debt instruments. Its principal objective is to deliver a high total rate of return while maintaining prudent investment risk and seeking the preservation of capital. Positioned in the intermediate-term core bond category, this fund maintains a moderate interest rate sensitivity, with an effective duration of approximately six years, and allocates less than 5% of its assets to below-investment-grade bonds. The portfolio is diversified across U.S. Treasury securities, agency mortgage-backed securities, and select high-quality corporates. Frequently used as a core fixed income holding within retirement plans and diversified portfolios, this fund benchmarks its performance against broad market indices such as the Bloomberg US Aggregate Bond Index. With a focus on stable income generation and moderate risk, MassMutual Core Bond Fund Class R3 plays a fundamental role in balancing risk and return within traditional asset allocations for both individual and institutional investors.