3 / 5 Stars
4 3 2 2 3
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
4 / 5 Stars
#19 in High Yield Bond
U.S. News evaluated 174 High Yield Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 10.01 percent over the past year, 10.41 percent over the past three years, 15.13 percent over the past five years, and 7.59 percent over the past decade.
|Trailing Returns||Updated 03.31.2014|
|Year to date||3.6%|
|3 Years (Annualized)||10.4%|
|5 Years (Annualized)||15.1%|
|10 Years (Annualized)||7.6%|
The investment seeks to achieve a high level of total return, with an emphasis on current income, by investing primarily in high yield debt and related securities. The fund invests primarily in lower rated U.S. debt securities, including securities in default. Debt securities may include, for example, corporate bonds, mortgage-backed and asset-backed securities, and obligations of the U.S. government or its agencies or instrumentalities. It invests at least 80% of its net assets in lower rated fixed income securities. The fund expects to have a dollar-weighted average portfolio maturity ranging from 4 to 10 years.
Fees are Above Average compared to funds in the same category.
MassMutual Premier High Yield Fund has an expense ratio of 1.15 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.