MassMutual Core Bond Fund (MCBDX)
The investment seeks to achieve a high total rate of return consistent with prudent investment risk and the preservation of capital by investing primarily in a diversified portfolio of investment grade fixed income securities. The fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in investment grade fixed income securities. Barings intends for the fund's portfolio dollar-weighted average duration generally to match (within 10%) the average duration of the Bloomberg Barclays U.S. Aggregate Bond Index.
Fund Info
US57629E1597
Sep 30, 1994
$0
Expense Ratio
MCBDX features an expense ratio of 0.52%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in MassMutual Core Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
MassMutual Core Bond Fund had a return of 0.94% year-to-date (YTD) and 6.28% in the last 12 months. Over the past 10 years, MassMutual Core Bond Fund had an annualized return of 1.24%, while the S&P 500 had an annualized return of 11.29%, indicating that MassMutual Core Bond Fund did not perform as well as the benchmark.
MCBDX
0.94%
1.28%
0.08%
6.28%
-0.59%
1.24%
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of MCBDX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.61% | 0.94% | |||||||||||
| 2024 | 0.33% | -1.19% | 1.11% | -2.35% | 1.88% | 1.04% | 2.31% | 1.69% | 1.36% | -2.20% | 1.35% | -1.47% | 3.77% |
| 2023 | 3.58% | -2.05% | 1.21% | 0.44% | -0.98% | -0.33% | 0.33% | -0.55% | -2.09% | -1.69% | 4.70% | 4.19% | 6.64% |
| 2022 | -2.01% | -1.59% | -2.75% | -3.90% | -0.30% | -2.24% | 2.39% | -2.34% | -4.99% | -1.86% | 3.68% | -0.24% | -15.28% |
| 2021 | -0.18% | -1.24% | -0.81% | 1.09% | 0.54% | 0.98% | 1.15% | -0.00% | -0.79% | 0.09% | 0.09% | -1.79% | -0.92% |
| 2020 | 1.90% | 1.33% | -6.32% | 2.90% | 1.73% | 1.88% | 2.37% | -0.00% | 0.17% | -0.09% | 1.89% | -1.61% | 5.97% |
| 2019 | 1.34% | 0.19% | 1.99% | 0.28% | 1.48% | 1.28% | 0.36% | 2.33% | -0.35% | 0.35% | 0.00% | 0.01% | 9.62% |
| 2018 | -0.92% | -0.84% | 0.47% | -0.66% | 0.76% | -0.19% | 0.19% | 0.65% | -0.56% | -0.84% | 0.28% | 1.21% | -0.48% |
| 2017 | 0.47% | 0.65% | 0.00% | 0.93% | 0.83% | 0.00% | 0.55% | 0.91% | -0.36% | 0.18% | -0.09% | 0.45% | 4.60% |
| 2016 | 0.37% | 0.28% | 1.39% | 0.55% | 0.18% | 1.82% | 0.80% | -0.00% | 0.09% | -0.71% | -2.14% | 0.12% | 2.74% |
| 2015 | 1.95% | -0.70% | 0.44% | -0.17% | -0.17% | -1.22% | 0.44% | -0.62% | 0.18% | 0.35% | -0.53% | -2.27% | -2.36% |
| 2014 | 1.55% | 0.72% | -0.09% | 0.98% | 1.24% | 0.18% | -0.35% | 1.23% | -0.78% | 0.87% | 0.69% | -0.49% | 5.88% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MCBDX is 50, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for MassMutual Core Bond Fund (MCBDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
MassMutual Core Bond Fund provided a 4.52% dividend yield over the last twelve months, with an annual payout of $0.41 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.41 | $0.40 | $0.42 | $0.34 | $0.25 | $0.42 | $0.37 | $0.35 | $0.32 | $0.35 | $0.33 | $0.28 |
Dividend yield | 4.52% | 4.49% | 4.62% | 3.83% | 2.29% | 3.68% | 3.35% | 3.32% | 2.96% | 3.29% | 3.07% | 2.52% |
Monthly Dividends
The table displays the monthly dividend distributions for MassMutual Core Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.04 | $0.00 | $0.04 | ||||||||||
| 2024 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.40 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.42 | $0.42 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.34 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.25 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.42 | $0.42 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | $0.37 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 | $0.35 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.32 | $0.32 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 | $0.35 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.33 |
| 2014 | $0.28 | $0.28 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the MassMutual Core Bond Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the MassMutual Core Bond Fund was 22.01%, occurring on Oct 21, 2022. The portfolio has not yet recovered.
The current MassMutual Core Bond Fund drawdown is 8.86%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -22.01% | Dec 17, 2021 | 213 | Oct 21, 2022 | — | — | — |
| -10.96% | Mar 9, 2020 | 13 | Mar 25, 2020 | 82 | Jul 22, 2020 | 95 |
| -7.39% | Jan 24, 2008 | 195 | Oct 30, 2008 | 131 | May 11, 2009 | 326 |
| -6.47% | Dec 28, 1995 | 92 | May 3, 1996 | 143 | Nov 20, 1996 | 235 |
| -5.86% | Nov 5, 2010 | 36 | Dec 28, 2010 | 150 | Aug 2, 2011 | 186 |
Volatility
Volatility Chart
The current MassMutual Core Bond Fund volatility is 1.27%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.