MMNWX

About MMNWX

MassMutual Core Bond Fund Y is an actively managed mutual fund focused on providing a high total rate of return while maintaining prudent investment risk and preserving capital. As an intermediate core bond fund, it primarily invests in a diversified portfolio of U.S. dollar-denominated fixed-income securities, including government, corporate, and other taxable bonds. The fund may also hold money market instruments such as commercial paper and participate in repurchase agreements as part of its strategy. Launched in 2023, it seeks to offer investors exposure to the broad U.S. bond market, making it relevant for those seeking balance and diversification within fixed income allocations. With a relatively large number of holdings, the fund balances credit and interest rate risks across various issuers and maturities. Its asset-weighted carbon risk score reflects low exposure to carbon-related risks, appealing to investors with sustainability considerations. The fund’s combination of risk controls and diverse credit exposures positions it as a core component in multi-asset portfolios, serving institutional and individual investors seeking stable income and long-term capital preservation.