MMNVX

About MMNVX

MassMutual Balanced Fund Class Y is a balanced mutual fund designed to provide investors with a diversified portfolio by allocating assets across both equities and fixed income securities. The fund typically maintains a long-term strategic allocation of approximately 65% in U.S. equities and 35% in bonds, aiming to deliver a combination of capital appreciation and income generation. This dual approach allows the fund to participate in equity market growth while seeking stability and income from its bond exposures. The fund's holdings span a broad range of sectors and are actively managed to adjust to changing market conditions. With total assets managed in the tens of millions of dollars and a dividend yield around 1.5%, the fund appeals to investors seeking a mix of growth and income within a single product. Its turnover ratio is relatively high, indicating active management and frequent portfolio adjustments. MassMutual Balanced Fund Class Y is commonly used in retirement plans and by institutional investors, serving as a core holding for those looking to achieve balanced exposure to major asset classes while managing risk over the long term.