MassMutual Total Return Bond Fund (MSPZX)
Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in a diversified portfolio of investment grade fixed income securities (rated Baa3 or higher by Moody's, BBB- or higher by Standard & Poor's, BBB- or higher by Fitch, or A-2 by S&P, P-2 by Moody's, or F-2 by Fitch for short-term debt obligations, or, if unrated, determined by the fund's subadviser, Metropolitan West Asset Management, LLC, to be of comparable quality).
Fund Info
US57630A6423
Jul 6, 2010
$0
Expense Ratio
MSPZX features an expense ratio of 0.33%, 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 Total Return 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 Total Return Bond Fund had a return of 0.57% year-to-date (YTD) and 3.98% in the last 12 months. Over the past 10 years, MassMutual Total Return Bond Fund had an annualized return of 0.82%, while the S&P 500 had an annualized return of 11.29%, indicating that MassMutual Total Return Bond Fund did not perform as well as the benchmark.
MSPZX
0.57%
0.82%
-1.86%
3.98%
-1.31%
0.82%
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of MSPZX, 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 | 0.57% | 0.57% | |||||||||||
| 2024 | -0.13% | -1.80% | 0.91% | -3.00% | 1.83% | 1.16% | 2.52% | 1.73% | 1.52% | -3.04% | 1.15% | -1.83% | 0.81% |
| 2023 | 3.35% | -2.89% | 2.86% | 0.46% | -1.15% | -0.58% | 0.12% | -0.70% | -2.95% | -2.07% | 5.21% | 4.47% | 5.84% |
| 2022 | -2.00% | -1.32% | -2.99% | -3.94% | 0.55% | -1.98% | 2.81% | -2.95% | -5.18% | -1.54% | 3.74% | -0.08% | -14.24% |
| 2021 | -0.58% | -1.56% | -0.89% | 0.90% | 0.30% | 0.69% | 0.98% | -0.00% | -0.87% | -0.00% | 0.20% | -0.39% | -1.26% |
| 2020 | 2.00% | 1.57% | -1.25% | 2.44% | 0.57% | 0.95% | 1.69% | -0.37% | -0.00% | -0.37% | 1.30% | -3.19% | 5.31% |
| 2019 | 1.27% | -0.00% | 1.98% | 0.10% | 1.74% | 1.31% | 0.20% | 2.48% | -0.48% | 0.29% | 0.00% | -0.04% | 9.15% |
| 2018 | -1.13% | -0.83% | 0.63% | -0.73% | 0.84% | -0.10% | -0.00% | 0.62% | -0.62% | -0.83% | 0.52% | 1.73% | 0.07% |
| 2017 | 0.21% | 0.72% | -0.00% | 0.72% | 0.61% | 0.00% | 0.40% | 0.80% | -0.40% | 0.00% | -0.10% | 0.46% | 3.47% |
| 2016 | 1.11% | 0.60% | 0.80% | 0.49% | -0.00% | 1.47% | 0.77% | 0.10% | 0.10% | -0.67% | -1.93% | -2.05% | 0.73% |
| 2015 | 1.78% | -0.68% | 0.29% | -0.29% | -0.10% | -0.88% | 0.40% | -0.19% | 0.40% | 0.10% | -0.20% | -0.62% | -0.02% |
| 2014 | 1.19% | 0.59% | -0.58% | 0.78% | 1.16% | 0.10% | -0.38% | 0.94% | -0.67% | 0.58% | 0.57% | -1.46% | 2.81% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MSPZX is 20, meaning it’s performing worse than 80% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for MassMutual Total Return Bond Fund (MSPZX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
MassMutual Total Return Bond Fund provided a 4.64% dividend yield over the last twelve months, with an annual payout of $0.38 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.38 | $0.38 | $0.34 | $0.23 | $0.17 | $0.24 | $0.31 | $0.29 | $0.28 | $0.27 | $0.22 | $0.31 |
Dividend yield | 4.64% | 4.67% | 3.97% | 2.72% | 1.70% | 2.33% | 3.05% | 3.11% | 2.83% | 2.75% | 2.22% | 3.06% |
Monthly Dividends
The table displays the monthly dividend distributions for MassMutual Total Return 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 | $0.03 | $0.00 | $0.03 | ||||||||||
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.08 | $0.38 |
| 2023 | $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 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 | $0.23 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.24 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.31 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.28 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.27 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.22 |
| 2014 | $0.01 | $0.00 | $0.00 | $0.00 | $0.30 | $0.31 |
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 Total Return 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 Total Return Bond Fund was 22.04%, occurring on Oct 20, 2022. The portfolio has not yet recovered.
The current MassMutual Total Return Bond Fund drawdown is 12.11%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -22.04% | Dec 14, 2020 | 467 | Oct 20, 2022 | — | — | — |
| -7.58% | Mar 9, 2020 | 9 | Mar 19, 2020 | 49 | May 29, 2020 | 58 |
| -5.97% | May 3, 2013 | 87 | Sep 5, 2013 | 232 | Aug 7, 2014 | 319 |
| -5.75% | Sep 30, 2016 | 55 | Dec 16, 2016 | 544 | Feb 19, 2019 | 599 |
| -5.32% | Nov 8, 2010 | 27 | Dec 15, 2010 | 156 | Jul 29, 2011 | 183 |
Volatility
Volatility Chart
The current MassMutual Total Return Bond Fund volatility is 1.48%, 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.