MSPZX

About MSPZX

MassMutual Select Total Return Bond Fund Class I is a diversified mutual fund that focuses on investment grade fixed income securities. Its principal aim is to deliver total return through both income and capital appreciation, while maintaining a disciplined approach to risk management and capital preservation. The fund invests primarily in a broad mix of investment-grade bonds, including U.S. Treasuries, agency securities, and mortgage-backed instruments, with its portfolio typically holding a duration between three to six years. Notable for its exposure to U.S. government securities and significant allocation to high-quality debt, the fund targets a balance between yield and price stability, making it a representative of the intermediate core-plus bond category. It stands out for its relatively low expense ratio among peers and monthly dividend distributions. By benchmarking its performance against the Bloomberg U.S. Aggregate Bond Index, the MassMutual Select Total Return Bond Fund Class I plays a fundamental role for investors seeking diverse, actively managed bond exposure within multi-asset portfolios or fixed income allocations.