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MassMutual Premier High Yield Adm (MPHLX)

10.23 Up 0.04(0.39%) Jul 11

Profile as of Jun 29, 2014Get Profile for:
MassMutual Premier High Yield Adm
1295 State StreetSpringfield MA 01111
Map
Phone: 888-309-3539
Fund Overview 
Category:High Yield Bond
Fund Family:MassMutual
Net Assets:284.10M
Year-to-Date Return:6.26%
Yield:6.16%
Morningstar Rating:4 stars
Fund Inception Date:Nov 1, 2004
Morningstar Style Box 
High Yield Bond
[View Category Definition]
View Top High Yield Bond Funds
About the Morningstar Style Box
Management Information 
Scott D. Roth
Lead Manager since Dec 8, 2010
Scott Roth is a member of the U.S. High Yield Investment Committee. In addition, he is a lead portfolio manager for various high yield bond total return strategies. Scott has over 20 years of industry experience. Prior to joining Babson Capital in 2002, Scott worked at Webster Bank and was a high yield analyst at Times Square Capital Management. In addition, he spent time as an underwriter at Chubb Insurance Company. He holds a B.B.A. from Western Michigan University and an M.B.A. from the University of Michigan. Scott is a member of the CFA Institute.
Investment Information 
Min Initial Investment:0
Min Initial Investment, IRA:N/A
Min Initial Investment, AIP:N/A
Min Subsequent Investment:N/A
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:N/A
MPHLX can be purchased from 3 brokerages.

Fund Summary 
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.

Fund Operations 
Last Dividend (Dec 17, 2013) : 0.64
Last Cap Gain : 0.00
Annual Holdings Turnover (Jul 9, 2014) : 106.00%
Average for Category:78.50%
Fees & Expenses 
ExpenseMPHLXCategory Avg
Annual Report Expense Ratio (net):0.90%1.09%
Prospectus Net Expense Ratio:0.85%N/A
Prospectus Gross Expense Ratio:0.88%N/A
Max 12b1 Fee:N/AN/A
Max Front End Sales Load:N/A4.20%
Max Deferred Sales Load: N/A2.23%
3 Yr Expense Projection*:275540
5 Yr Expense Projection*:482868
10 Yr Expense Projection*:1,0791,778
* Per $10,000 invested