Fund Name
|
| |
Class I
|
| |
Class R5
|
| |
Service Class |
| |
Administrative Class |
| |
Class R4
|
| |
Class A
|
| |
Class R3
|
| |
Class Y
|
| |
Class L
|
| |
Class C
|
|
MassMutual Short-
Duration Bond Fund |
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
|
MassMutual High Yield
Fund |
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| | | | |
|
|
| | |
Page |
| |||
About the Funds | | | | | | | |
| | | | 3 | | | |
| | | | 12 | | | |
| | | | 20 | | | |
| | | | 23 | | | |
| | | | 23 | | | |
| | | | 39 | | | |
| | | | 39 | | | |
| | | | 39 | | | |
| | |
|
| | ||
| | | | 44 | | | |
| | | | 48 | | | |
| | | | 50 | | | |
| | | | 54 | | | |
| | | | 54 | | | |
| | | | 55 | | | |
| | | | 56 | | | |
| | | | 59 | | | |
| | | | 62 | | | |
| | | | A-1 | | |
| | |
Class I |
| |
Class R5 |
| |
Service Class |
| |
Admini- strative Class |
| |
Class R4 |
| |
Class A |
| |
Class R3 |
| |
Class Y |
| |
Class L(1) |
| |
Class C |
|
Maximum Sales Charge (Load) Imposed on
Purchases (as a % of offering prince) |
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
|
Maximum Deferred Sales Charge (Load) (as a
% of the lower of the original offering price or redemption proceeds)
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
|
Maximum Contingent Deferred Sales Charge
(Load)(CDSC) (as a % of the lower of the original offering price or
redemption proceeds) |
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
|
| | |
Class I |
| |
Class R5 |
| |
Service Class |
| |
Admini- strative Class |
| |
Class R4 |
| |
Class A |
| |
Class R3 |
| |
Class Y |
| |
Class L |
| |
Class C |
|
Management Fees | | |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
|
Distribution and Service (Rule 12b-1)
Fees |
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
|
Other Expenses(1) | | |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
|
Total Annual Fund Operating
Expenses |
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
|
Expense Reimbursement | | |
- |
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
- |
| |
- |
| |
- |
|
Total Annual
Fund Operating Expenses after Expense Reimbursement(2)
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
|
| | |
1 Year |
| |
3 Years |
| |
5 Years |
| |
10 Years |
| ||||||||||||
Class I | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||
Class R5 | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||
Service Class | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||
Administrative Class |
| | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||
Class R4 | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||
Class A | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||
Class R3 | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||
Class Y | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||
Class L | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||
Class C | | | | $ | | | | | $ | | | | | $ | | | | | $ | | |
| | |
1 Year |
| |
3 Years |
| |
5 Years |
| |
10 Years |
| ||||||||||||
Class Y | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||
Class L | | | | $ | | | | | $ | | | | | $ | | | | | $ | | |
| | |
, |
| | | | | |
, |
| | - |
|
| | | | | | | |
One Year |
| |
Five Years |
| |
Ten Years |
| |
Since Inception ( 2021 |
|
|
Class R5 |
| | | Return Before Taxes | | | | | | | | | | | |||
| | | | | Return After Taxes on Distributions | | | | | | | | | | | |||
| | | | |
Return After Taxes on Distributions and
Sales of Fund Shares |
| | | | | | | | | | |||
| Class I | | | | Return Before Taxes | | | | | | | | | | | |||
| Service Class |
| | | Return Before Taxes | | | | | | | | | | | |||
| Admini-strative Class |
| | | Return Before Taxes | | | | | | | | | | | |||
| Class R4 | | | | Return Before Taxes | | | | | | | | | | | |||
| Class A | | | | Return Before Taxes | | | - |
| | | | | | | | ||
| Class R3 | | | | Return Before Taxes | | | | | | | | | | | |||
| Class Y | | | | Return Before Taxes | | | | | | | | | - |
| |||
| Class L | | | | Return Before Taxes | | | | | | | | | | ||||
| Class C | | | | Return Before Taxes | | | | | | | | | - |
| |||
|
Bloomberg U.S. 1-3 Year Government Bond
Index |
| | - |
| | | | | | | |
| | |
Class Y |
| |
Class L |
| |
Class C |
| |||||||||
Initial Investment |
| | | $ | 100,000 | | | | | $ | 1,000 | | | | | $ | 1,000 | | |
Subsequent Investment |
| | | $ | 250 | | | | | $ | 250 | | | | | $ | 250 | | |
| | |
Class I |
| |
Class R5 |
| |
Service Class |
| |
Admini- strative Class |
| |
Class R4 |
| |
Class A |
| |
Class R3 |
| |
Class Y |
| |
Class C |
|
Maximum Sales Charge (Load) Imposed on
Purchases (as a % of offering prince) |
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
|
Maximum Deferred Sales Charge (Load)
(as a % of the lower of the original offering price or redemption
proceeds) |
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
|
Maximum Contingent Deferred Sales Charge
(Load) (CDSC) (as a % of the lower of the original offering price or
redemption proceeds) |
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
|
| | |
Class I |
| |
Class R5 |
| |
Service Class |
| |
Admini- strative Class |
| |
Class R4 |
| |
Class A |
| |
Class R3 |
| |
Class Y |
| |
Class C |
|
Management Fees | | |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
|
Distribution and Service (Rule 12b-1) Fees | | |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
|
Other Expenses(1) | | |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
|
Total
Annual Fund Operating Expenses |
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
|
| | |
1 Year |
| |
3 Years |
| |
5 Years |
| |
10 Years |
| ||||||||||||
Class I | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||
Class R5 | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||
Service Class | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||
Administrative Class |
| | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||
Class R4 | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||
Class A | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||
Class R3 | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||
Class Y | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||
Class C | | | | $ | | | | | $ | | | | | $ | | | | | $ | | |
| | |
1 Year |
| |
3 Years |
| |
5 Years |
| |
10 Years |
| ||||||||||||
Class C | | | | $ | | | | | $ | | | | | $ | | | | | $ | | |
| | |
, |
| | | | | |
, |
| | - |
|
| | | | | | | |
One
Year |
| |
Five
Years |
| |
Ten
Years |
| |
Since Inception ( |
|
|
Service Class |
| | | Return Before Taxes | | | | | | | | | | | |||
| | | | | Return After Taxes on Distributions | | | | | | | | | | | |||
| | | | |
Return After Taxes on Distributions and
Sales of Fund Shares |
| | | | | | | | | | |||
| Class I | | | |
Return Before Taxes |
| | | | | | | | | | |||
| Class R5 | | | |
Return Before Taxes |
| | | | | | | | | | |||
|
Admini- strative Class |
| | | Return Before Taxes | | | | | | | | | | | |||
| Class R4 | | | |
Return Before Taxes |
| | | | | | | | | | |||
| Class A | | | |
Return Before Taxes |
| | | | | | | | | | |||
| Class R3 | | | | Return Before Taxes | | | | | | | | | | |
| | | | | | | |
One
Year |
| |
Five
Years |
| |
Ten
Years |
| |
Since Inception (12/13/2021) |
|
| Class Y | | | | Return Before Taxes | | |
|
| |
|
| |
|
| |
|
|
| Class C | | | | Return Before Taxes | | |
|
| |
|
| |
|
| |
|
|
|
Bloomberg U.S. Corporate High-Yield Bond
Index (reflects no deduction for fees, expenses or taxes) |
| |
|
| |
|
| |
|
| | | |
| | |
Class Y |
| |
Class C |
| ||||||
Initial Investment |
| | | $ | 100,000 | | | | | $ | 1,000 | | |
Subsequent Investment |
| | | $ | 250 | | | | | $ | 250 | | |
Yulia Alekseeva, CFA |
|
Stephen Ehrenberg, CFA |
|
Sean Feeley, CFA |
|
Natalia Krol |
|
Omotunde Lawal, CFA |
|
Scott Roth, CFA |
|
Charles Sanford |
|
Douglas Trevallion, II, CFA |
|
| | | | | | | | | | |
Price Breakpoints |
| |
General Equity |
| |
General Taxable Bond |
| |
Shorter- Term Bond |
|
Less than $25,000 |
| |
5.50%/ |
| |
4.25%/ |
| |
2.50%/ |
|
|
5.82%/ |
| |
4.44%/ |
| |
2.56%/ |
| ||
|
4.50%
|
| |
3.50%
|
| |
2.00%
|
| ||
$25,000 – $49,999 |
| |
5.25%/ |
| |
4.25%/ |
| |
2.25%/ |
|
|
5.54%/ |
| |
4.44%/ |
| |
2.30%/ |
| ||
|
4.25%
|
| |
3.50%
|
| |
1.75%
|
| ||
$50,000 – $99,999 |
| |
4.50%/ |
| |
4.00%/ |
| |
2.00%/ |
|
|
4.71%/ |
| |
4.17%/ |
| |
2.04%/ |
| ||
|
3.50%
|
| |
3.25%
|
| |
1.50%
|
| ||
$100,000 – $249,999 |
| |
3.50%/ |
| |
3.00%/ |
| |
1.75%/ |
|
|
3.63%/ |
| |
3.09%/ |
| |
1.78%/ |
| ||
|
2.50%
|
| |
2.25%
|
| |
1.25%
|
| ||
$250,000 – $499,999 |
| |
2.25%/ |
| |
1.75%/ |
| |
1.25%/ |
|
|
2.30%/ |
| |
1.78%/ |
| |
1.27%/ |
| ||
|
1.75%
|
| |
1.50%
|
| |
0.75%
|
| ||
$500,000 – $999,999 |
| |
1.75%/ |
| |
1.00%/ |
| |
0.75%/ |
|
|
1.78%/ |
| |
1.01%/ |
| |
0.76%/ |
| ||
|
1.10%
|
| |
0.75%
|
| |
0.50%
|
| ||
$1,000,000 or more |
| |
None/ |
| |
None/ |
| |
None/ |
|
|
None/
|
| |
None/
|
| |
None/
|
| ||
|
0.75%
|
| |
0.50%
|
| |
0.50% |
|
| | | | | | | | | | |
Amount of Purchase at Offering Price |
| |
As a % of the Public Offering Price |
| |
As a
% of Your Investment |
| |
% of Offering Price Paid to Financial Intermediary(1) |
|
Under $250,000 | | |
2.00
|
| |
2.04
|
| |
1.50
|
|
$250,000 or more |
| |
0.00
|
| |
0.00
|
| |
0.50 |
|
Method |
| |
Instructions |
|
Through your financial intermediary | | | Your financial intermediary can help you establish your account and buy shares on your behalf. To receive the current trading day’s price, your financial intermediary must receive your request in good order prior to the close of regular trading on the New York Stock Exchange, usually 4:00 p.m., Eastern time. Your financial intermediary may charge you fees for executing the purchase for you. | |
By exchange | | | You or your financial intermediary may acquire shares of a Fund for your account by exchanging shares you own in certain other funds advised by MML Advisers for shares of the same class of a Fund, subject to the conditions described in “Exchanges” above. In addition, you or your financial intermediary may exchange shares of a class of a Fund you own for shares of a different class of the same Fund, subject to the conditions described in “Exchanges.” To exchange, send written instructions to the applicable Fund, at the address noted below(1) or call 1-855-439-5459. | |
By wire | | |
You may purchase shares of a Fund
by wiring money from your bank account to your Fund account. Prior to
sending wire transfers, please contact Shareholder Services at
1-855-439-5459 for specific wiring instructions and to facilitate prompt
and accurate credit upon receipt of your wire.
To
receive the current trading day’s price, your wire, along with a valid
account number, must be received in your Fund account prior to the close
of regular trading on the New York Stock Exchange, usually 4:00 p.m.,
Eastern time.
If your
initial purchase of shares is by wire, you must first complete a new
account application and promptly mail it to MassMutual Premier
Funds – (Fund Name), at the address noted below.(1) After completing a new account application,
please call 1-855-439-5459 to obtain your account number. Please include
your account number on the wire. |
|
By electronic funds | | | You may purchase shares of a Fund by electronically transferring money from | |
Method |
| |
Instructions |
|
transfer via an automated clearing house (“ACH”) transaction(2) | | | your bank account to your Fund account by calling 1-855-439-5459. An electronic funds transfer may take up to two business days to settle and be considered in good order. You must set up this feature prior to your telephone request. Be sure to complete the appropriate section of the application. | |
By check | | | To purchase shares of a Fund by check, make your check payable to ‘MassMutual Premier Funds’. Your checks should include the fund name which you would like to purchase along with your account number (if previously established). Your request should be mailed to the address listed below.(1) The Funds will accept purchases only in U.S. dollars drawn from U.S. financial institutions. Cashier’s checks, third party checks, money orders, credit card convenience checks, cash or equivalents, or payments in foreign currencies are not acceptable forms of payment. | |
| | | | | | | | |
Income (loss) from investment
operations |
| |
Less distributions to shareholders
|
| | | | | | | | | | | | | |
Ratios / Supplemental Data
|
| |||||||||||||||||||||||||||||||||||||||||||||
| | |
Net
asset value, beginning of the period |
| |
Net
investment income (loss)c |
| |
Net
realized and unrealized gain (loss) on investments |
| |
Total income (loss) from investment operations |
| |
From
net investment income |
| |
From
net realized gains |
| |
Total distributions |
| |
Net
asset value, end of the period |
| |
Total returnl,m |
| |
Net
assets, end of the period (000’s) |
| |
Ratio of expenses to average daily net assets |
| |
Net
investment income (loss) to average daily net assets |
| ||||||||||||||||||||||||||||||||||||
Class I | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
9/30/21 | | | |
$ |
10.09 |
| | | | $ | 0.24 | | | | | $ | 0.22 | | | | | $ | 0.46 | | | | | $ | (0.45) | | | | | $ | — | | | | | $ | (0.45) | | | | |
$ |
10.10 |
| | | | | 4.69% | | | | | $ | 211,826 | | | | | | 0.44% | | | | | | 2.41% | | |
9/30/20 | | | |
|
10.31 |
| | | | | 0.34 | | | | | | (0.21) | | | | | | 0.13 | | | | | | (0.35) | | | | | | — | | | | | | (0.35) | | | | |
|
10.09 |
| | | | | 1.26% | | | | | | 189,805 | | | | | | 0.42% | | | | | | 3.41% | | |
9/30/19 | | | |
|
10.30 |
| | | | | 0.32 | | | | | | 0.08 | | | | | | 0.40 | | | | | | (0.39) | | | | | | — | | | | | | (0.39) | | | | |
|
10.31 |
| | | | | 4.05% | | | | | | 204,282 | | | | | | 0.43% | | | | | | 3.13% | | |
9/30/18 | | | |
|
10.40 |
| | | | | 0.27 | | | | | | (0.10) | | | | | | 0.17 | | | | | | (0.27) | | | | | | — | | | | | | (0.27) | | | | |
|
10.30 |
| | | | | 1.65% | | | | | | 163,465 | | | | | | 0.39% | | | | | | 2.64% | | |
9/30/17 | | | |
|
10.39 |
| | | | | 0.23 | | | | | | 0.03 | | | | | | 0.26 | | | | | | (0.25) | | | | | | — | | | | | | (0.25) | | | | |
|
10.40 |
| | | | | 2.57% | | | | | | 299,768 | | | | | | 0.40% | | | | | | 2.20% | | |
Class R5 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
9/30/21 | | | |
$ |
10.12 |
| | | | $ | 0.24 | | | | | $ | 0.21 | | | | | $ | 0.45 | | | | | $ | (0.44) | | | | | $ | — | | | | | $ | (0.44) | | | | |
$ |
10.13 |
| | | | | 4.56% | | | | | $ | 66,938 | | | | | | 0.54% | | | | | | 2.34% | | |
9/30/20 | | | |
|
10.34 |
| | | | | 0.33 | | | | | | (0.21) | | | | | | 0.12 | | | | | | (0.34) | | | | | | — | | | | | | (0.34) | | | | |
|
10.12 |
| | | | | 1.15% | | | | | | 110,813 | | | | | | 0.52% | | | | | | 3.31% | | |
9/30/19 | | | |
|
10.33 |
| | | | | 0.31 | | | | | | 0.08 | | | | | | 0.39 | | | | | | (0.38) | | | | | | — | | | | | | (0.38) | | | | |
|
10.34 |
| | | | | 3.92% | | | | | | 158,895 | | | | | | 0.53% | | | | | | 3.03% | | |
9/30/18 | | | |
|
10.42 |
| | | | | 0.26 | | | | | | (0.09) | | | | | | 0.17 | | | | | | (0.26) | | | | | | — | | | | | | (0.26) | | | | |
|
10.33 |
| | | | | 1.63% | | | | | | 135,411 | | | | | | 0.49% | | | | | | 2.55% | | |
9/30/17 | | | |
|
10.42 |
| | | | | 0.22 | | | | | | 0.02 | | | | | | 0.24 | | | | | | (0.24) | | | | | | — | | | | | | (0.24) | | | | |
|
10.42 |
| | | | | 2.36% | | | | | | 155,172 | | | | | | 0.50% | | | | | | 2.09% | | |
Service Class | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||||||||
9/30/21 | | | |
$ |
10.04 |
| | | | $ | 0.23 | | | | | $ | 0.21 | | | | | $ | 0.44 | | | | | $ | (0.42) | | | | | $ | — | | | | | $ | (0.42) | | | | |
$ |
10.06 |
| | | | | 4.51% | | | | | $ | 16,282 | | | | | | 0.64% | | | | | | 2.25% | | |
9/30/20 | | | |
|
10.26 |
| | | | | 0.32 | | | | | | (0.22) | | | | | | 0.10 | | | | | | (0.32) | | | | | | — | | | | | | (0.32) | | | | |
|
10.04 |
| | | | | 1.00% | | | | | | 38,559 | | | | | | 0.62% | | | | | | 3.19% | | |
9/30/19 | | | |
|
10.25 |
| | | | | 0.30 | | | | | | 0.08 | | | | | | 0.38 | | | | | | (0.37) | | | | | | — | | | | | | (0.37) | | | | |
|
10.26 |
| | | | | 3.82% | | | | | | 51,201 | | | | | | 0.63% | | | | | | 2.92% | | |
9/30/18 | | | |
|
10.35 |
| | | | | 0.25 | | | | | | (0.10) | | | | | | 0.15 | | | | | | (0.25) | | | | | | — | | | | | | (0.25) | | | | |
|
10.25 |
| | | | | 1.50% | | | | | | 72,408 | | | | | | 0.59% | | | | | | 2.45% | | |
9/30/17 | | | |
|
10.35 |
| | | | | 0.21 | | | | | | 0.02 | | | | | | 0.23 | | | | | | (0.23) | | | | | | — | | | | | | (0.23) | | | | |
|
10.35 |
| | | | | 2.24% | | | | | | 75,544 | | | | | | 0.60% | | | | | | 2.00% | | |
Administrative Class | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||||||||
9/30/21 | | | |
$ |
10.00 |
| | | | $ | 0.21 | | | | | $ | 0.22 | | | | | $ | 0.43 | | | | | $ | (0.42) | | | | | $ | — | | | | | $ | (0.42) | | | | |
$ |
10.01 |
| | | | | 4.40% | | | | | $ | 16,920 | | | | | | 0.74% | | | | | | 2.16% | | |
9/30/20 | | | |
|
10.22 |
| | | | | 0.31 | | | | | | (0.21) | | | | | | 0.10 | | | | | | (0.32) | | | | | | — | | | | | | (0.32) | | | | |
|
10.00 |
| | | | | 0.94% | | | | | | 27,628 | | | | | | 0.72% | | | | | | 3.12% | | |
9/30/19 | | | |
|
10.21 |
| | | | | 0.29 | | | | | | 0.08 | | | | | | 0.37 | | | | | | (0.36) | | | | | | — | | | | | | (0.36) | | | | |
|
10.22 |
| | | | | 3.76% | | | | | | 31,270 | | | | | | 0.73% | | | | | | 2.83% | | |
9/30/18 | | | |
|
10.31 |
| | | | | 0.24 | | | | | | (0.10) | | | | | | 0.14 | | | | | | (0.24) | | | | | | — | | | | | | (0.24) | | | | |
|
10.21 |
| | | | | 1.35% | | | | | | 34,342 | | | | | | 0.69% | | | | | | 2.37% | | |
9/30/17 | | | |
|
10.30 |
| | | | | 0.19 | | | | | | 0.04 | | | | | | 0.23 | | | | | | (0.22) | | | | | | — | | | | | | (0.22) | | | | |
|
10.31 |
| | | | | 2.24% | | | | | | 28,771 | | | | | | 0.70% | | | | | | 1.89% | | |
Class R4 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
9/30/21 | | | |
$ |
10.05 |
| | | | $ | 0.20 | | | | | $ | 0.22 | | | | | $ | 0.42 | | | | | $ | (0.40) | | | | | $ | — | | | | | $ | (0.40) | | | | |
$ |
10.07 |
| | | | | 4.30% | | | | | $ | 11,743 | | | | | | 0.89% | | | | | | 1.97% | | |
9/30/20 | | | |
|
10.27 |
| | | | | 0.29 | | | | | | (0.21) | | | | | | 0.08 | | | | | | (0.30) | | | | | | — | | | | | | (0.30) | | | | |
|
10.05 |
| | | | | 0.79% | | | | | | 11,525 | | | | | | 0.87% | | | | | | 2.96% | | |
9/30/19 | | | |
|
10.26 |
| | | | | 0.27 | | | | | | 0.08 | | | | | | 0.35 | | | | | | (0.34) | | | | | | — | | | | | | (0.34) | | | | |
|
10.27 |
| | | | | 3.57% | | | | | | 12,494 | | | | | | 0.88% | | | | | | 2.67% | | |
9/30/18 | | | |
|
10.36 |
| | | | | 0.23 | | | | | | (0.11) | | | | | | 0.12 | | | | | | (0.22) | | | | | | — | | | | | | (0.22) | | | | |
|
10.26 |
| | | | | 1.21% | | | | | | 13,691 | | | | | | 0.84% | | | | | | 2.21% | | |
9/30/17 | | | |
|
10.36 |
| | | | | 0.18 | | | | | | 0.03 | | | | | | 0.21 | | | | | | (0.21) | | | | | | — | | | | | | (0.21) | | | | |
|
10.36 |
| | | | | 2.05% | | | | | | 13,693 | | | | | | 0.85% | | | | | | 1.75% | | |
Class A | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
9/30/21 | | | |
$ |
9.92 |
| | | | $ | 0.19 | | | | | $ | 0.21 | | | | | $ | 0.40 | | | | | $ | (0.39) | | | | | $ | — | | | | | $ | (0.39) | | | | |
$ |
9.93 |
| | | | | 4.15% | | | | | $ | 36,186 | | | | | | 0.99% | | | | | | 1.90% | | |
9/30/20 | | | |
|
10.14 |
| | | | | 0.28 | | | | | | (0.21) | | | | | | 0.07 | | | | | | (0.29) | | | | | | — | | | | | | (0.29) | | | | |
|
9.92 |
| | | | | 0.71% | | | | | | 41,913 | | | | | | 0.97% | | | | | | 2.87% | | |
9/30/19 | | | |
|
10.14 |
| | | | | 0.26 | | | | | | 0.08 | | | | | | 0.34 | | | | | | (0.34) | | | | | | — | | | | | | (0.34) | | | | |
|
10.14 |
| | | | | 3.44% | | | | | | 55,315 | | | | | | 0.98% | | | | | | 2.58% | | |
9/30/18 | | | |
|
10.24 |
| | | | | 0.21 | | | | | | (0.10) | | | | | | 0.11 | | | | | | (0.21) | | | | | | — | | | | | | (0.21) | | | | |
|
10.14 |
| | | | | 1.10% | | | | | | 53,188 | | | | | | 0.94% | | | | | | 2.11% | | |
9/30/17 | | | |
|
10.23 |
| | | | | 0.16 | | | | | | 0.04 | | | | | | 0.20 | | | | | | (0.19) | | | | | | — | | | | | | (0.19) | | | | |
|
10.24 |
| | | | | 2.00% | | | | | | 50,893 | | | | | | 0.95% | | | | | | 1.62% | | |
Class R3 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
9/30/21 | | | |
$ |
9.98 |
| | | | $ | 0.17 | | | | | $ | 0.22 | | | | | $ | 0.39 | | | | | $ | (0.38) | | | | | $ | — | | | | | $ | (0.38) | | | | |
$ |
9.99 |
| | | | | 4.04% | | | | | $ | 11,652 | | | | | | 1.14% | | | | | | 1.70% | | |
9/30/20 | | | |
|
10.20 |
| | | | | 0.27 | | | | | | (0.22) | | | | | | 0.05 | | | | | | (0.27) | | | | | | — | | | | | | (0.27) | | | | |
|
9.98 |
| | | | | 0.53% | | | | | | 7,737 | | | | | | 1.12% | | | | | | 2.72% | | |
9/30/19 | | | |
|
10.20 |
| | | | | 0.24 | | | | | | 0.09 | | | | | | 0.33 | | | | | | (0.33) | | | | | | — | | | | | | (0.33) | | | | |
|
10.20 |
| | | | | 3.29% | | | | | | 7,040 | | | | | | 1.13% | | | | | | 2.43% | | |
9/30/18 | | | |
|
10.30 |
| | | | | 0.20 | | | | | | (0.10) | | | | | | 0.10 | | | | | | (0.20) | | | | | | — | | | | | | (0.20) | | | | |
|
10.20 |
| | | | | 0.97% | | | | | | 7,980 | | | | | | 1.09% | | | | | | 1.97% | | |
9/30/17 | | | |
|
10.31 |
| | | | | 0.15 | | | | | | 0.03 | | | | | | 0.18 | | | | | | (0.19) | | | | | | — | | | | | | (0.19) | | | | |
|
10.30 |
| | | | | 1.79% | | | | | | 6,689 | | | | | | 1.10% | | | | | | 1.50% | | |
| | |
Year ended September 30
|
| |||||||||||||||||||||||||||
| | |
2021 |
| |
2020 |
| |
2019 |
| |
2018 |
| |
2017 |
| |||||||||||||||
Portfolio turnover rate |
| | | | 72% | | | | | | 37% | | | | | | 55% | | | | | | 68% | | | | | | 72% | | |
| | | | | | | | |
Income (loss) from investment
operations |
| |
Less distributions to shareholders
|
| | | | | | | | | | | | | |
Ratios / Supplemental Data
|
| |||||||||||||||||||||||||||||||||||||||||||||||||||
| | |
Net
asset value, beginning of the period |
| |
Net
investment income (loss)c,j |
| |
Net
realized and unrealized gain (loss) on investments |
| |
Total income (loss) from investment operations |
| |
From
net investment income |
| |
From
net realized gains |
| |
Total distributions |
| |
Net
asset value, end of the period |
| |
Total returnl,m |
| |
Net
assets, end of the period (000’s) |
| |
Ratio of expenses to average daily net assets before expense waivers |
| |
Ratio of expenses to average daily net assets after expense waiversj |
| |
Net
investment income (loss) to average daily net assets |
| |||||||||||||||||||||||||||||||||||||||
Class I | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
9/30/21 | | | |
$ |
8.63 |
| | | | $ | 0.49 | | | | | $ | 0.70 | | | | | $ | 1.19 | | | | | $ | (0.48) | | | | | $ | — | | | | | $ | (0.48) | | | | |
$ |
9.34 |
| | | | | 14.20% | | | | | $ | 351,942 | | | | | | 0.54% | | | | | | N/A | | | | | | 5.50% | | |
9/30/20 | | | |
|
9.21 |
| | | | | 0.50 | | | | | | (0.52) | | | | | | (0.02) | | | | | | (0.56) | | | | | | — | | | | | | (0.56) | | | | |
|
8.63 |
| | | | | (0.28)% | | | | | | 375,807 | | | | | | 0.53% | | | | | | N/A | | | | | | 5.79% | | |
9/30/19 | | | |
|
9.27 |
| | | | | 0.56 | | | | | | (0.10) | | | | | | 0.46 | | | | | | (0.52) | | | | | | — | | | | | | (0.52) | | | | |
|
9.21 |
| | | | | 5.45% | | | | | | 326,836 | | | | | | 0.54% | | | | | | 0.54%n | | | | | | 6.31% | | |
9/30/18 | | | |
|
9.62 |
| | | | | 0.58 | | | | | | (0.33) | | | | | | 0.25 | | | | | | (0.60) | | | | | | — | | | | | | (0.60) | | | | |
|
9.27 |
| | | | | 2.78% | | | | | | 382,927 | | | | | | 0.54% | | | | | | 0.54%n | | | | | | 6.32% | | |
9/30/17 | | | |
|
9.29 |
| | | | | 0.62 | | | | | | 0.28 | | | | | | 0.90 | | | | | | (0.57) | | | | | | — | | | | | | (0.57) | | | | |
|
9.62 |
| | | | | 10.22% | | | | | | 242,645 | | | | | | 0.54% | | | | | | 0.54%n | | | | | | 6.63% | | |
Class R5 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
9/30/21 | | | |
$ |
8.68 |
| | | | $ | 0.49 | | | | | $ | 0.70 | | | | | $ | 1.19 | | | | | $ | (0.47) | | | | | $ | — | | | | | $ | (0.47) | | | | |
$ |
9.40 |
| | | | | 14.13% | | | | | $ | 46,518 | | | | | | 0.64% | | | | | | N/A | | | | | | 5.39% | | |
9/30/20 | | | |
|
9.25 |
| | | | | 0.49 | | | | | | (0.51) | | | | | | (0.02) | | | | | | (0.55) | | | | | | — | | | | | | (0.55) | | | | |
|
8.68 |
| | | | | (0.28)% | | | | | | 49,116 | | | | | | 0.63% | | | | | | N/A | | | | | | 5.69% | | |
9/30/19 | | | |
|
9.31 |
| | | | | 0.56 | | | | | | (0.11) | | | | | | 0.45 | | | | | | (0.51) | | | | | | — | | | | | | (0.51) | | | | |
|
9.25 |
| | | | | 5.29% | | | | | | 41,369 | | | | | | 0.64% | | | | | | 0.64%n | | | | | | 6.23% | | |
9/30/18 | | | |
|
9.66 |
| | | | | 0.57 | | | | | | (0.33) | | | | | | 0.24 | | | | | | (0.59) | | | | | | — | | | | | | (0.59) | | | | |
|
9.31 |
| | | | | 2.65% | | | | | | 43,613 | | | | | | 0.64% | | | | | | 0.64%n | | | | | | 6.20% | | |
9/30/17 | | | |
|
9.33 |
| | | | | 0.61 | | | | | | 0.28 | | | | | | 0.89 | | | | | | (0.56) | | | | | | — | | | | | | (0.56) | | | | |
|
9.66 |
| | | | | 10.08% | | | | | | 55,628 | | | | | | 0.64% | | | | | | 0.64%n | | | | | | 6.54% | | |
Service Class | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||||||||
9/30/21 | | | |
$ |
8.67 |
| | | | $ | 0.48 | | | | | $ | 0.70 | | | | | $ | 1.18 | | | | | $ | (0.46) | | | | | $ | — | | | | | $ | (0.46) | | | | |
$ |
9.39 |
| | | | | 14.00% | | | | | $ | 29,097 | | | | | | 0.74% | | | | | | N/A | | | | | | 5.31% | | |
9/30/20 | | | |
|
9.25 |
| | | | | 0.48 | | | | | | (0.52) | | | | | | (0.04) | | | | | | (0.54) | | | | | | — | | | | | | (0.54) | | | | |
|
8.67 |
| | | | | (0.48)% | | | | | | 33,897 | | | | | | 0.73% | | | | | | N/A | | | | | | 5.58% | | |
9/30/19 | | | |
|
9.31 |
| | | | | 0.55 | | | | | | (0.11) | | | | | | 0.44 | | | | | | (0.50) | | | | | | — | | | | | | (0.50) | | | | |
|
9.25 |
| | | | | 5.20% | | | | | | 49,174 | | | | | | 0.74% | | | | | | 0.74%n | | | | | | 6.13% | | |
9/30/18 | | | |
|
9.66 |
| | | | | 0.56 | | | | | | (0.33) | | | | | | 0.23 | | | | | | (0.58) | | | | | | — | | | | | | (0.58) | | | | |
|
9.31 |
| | | | | 2.55% | | | | | | 45,296 | | | | | | 0.74% | | | | | | 0.74%n | | | | | | 6.11% | | |
9/30/17 | | | |
|
9.33 |
| | | | | 0.60 | | | | | | 0.28 | | | | | | 0.88 | | | | | | (0.55) | | | | | | — | | | | | | (0.55) | | | | |
|
9.66 |
| | | | | 9.93% | | | | | | 49,581 | | | | | | 0.74% | | | | | | 0.74%n | | | | | | 6.45% | | |
Administrative Class | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||||||||
9/30/21 | | | |
$ |
8.53 |
| | | | $ | 0.46 | | | | | $ | 0.68 | | | | | $ | 1.14 | | | | | $ | (0.45) | | | | | $ | — | | | | | $ | (0.45) | | | | |
$ |
9.22 |
| | | | | 13.79% | | | | | $ | 23,211 | | | | | | 0.84% | | | | | | N/A | | | | | | 5.20% | | |
9/30/20 | | | |
|
9.10 |
| | | | | 0.47 | | | | | | (0.51) | | | | | | (0.04) | | | | | | (0.53) | | | | | | — | | | | | | (0.53) | | | | |
|
8.53 |
| | | | | (0.55)% | | | | | | 23,549 | | | | | | 0.83% | | | | | | N/A | | | | | | 5.49% | | |
9/30/19 | | | |
|
9.16 |
| | | | | 0.53 | | | | | | (0.10) | | | | | | 0.43 | | | | | | (0.49) | | | | | | — | | | | | | (0.49) | | | | |
|
9.10 |
| | | | | 5.13% | | | | | | 25,980 | | | | | | 0.84% | | | | | | 0.84%n | | | | | | 6.03% | | |
9/30/18 | | | |
|
9.51 |
| | | | | 0.55 | | | | | | (0.33) | | | | | | 0.22 | | | | | | (0.57) | | | | | | — | | | | | | (0.57) | | | | |
|
9.16 |
| | | | | 2.49% | | | | | | 31,250 | | | | | | 0.84% | | | | | | 0.84%n | | | | | | 6.01% | | |
9/30/17 | | | |
|
9.20 |
| | | | | 0.58 | | | | | | 0.28 | | | | | | 0.86 | | | | | | (0.55) | | | | | | — | | | | | | (0.55) | | | | |
|
9.51 |
| | | | | 9.79% | | | | | | 32,889 | | | | | | 0.84% | | | | | | 0.84%n | | | | | | 6.34% | | |
Class R4 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
9/30/21 | | | |
$ |
8.38 |
| | | | $ | 0.44 | | | | | $ | 0.68 | | | | | $ | 1.12 | | | | | $ | (0.44) | | | | | $ | — | | | | | $ | (0.44) | | | | |
$ |
9.06 |
| | | | | 13.73% | | | | | $ | 39,125 | | | | | | 0.99% | | | | | | N/A | | | | | | 5.05% | | |
9/30/20 | | | |
|
8.97 |
| | | | | 0.45 | | | | | | (0.51) | | | | | | (0.06) | | | | | | (0.53) | | | | | | — | | | | | | (0.53) | | | | |
|
8.38 |
| | | | | (0.75)% | | | | | | 40,160 | | | | | | 0.98% | | | | | | N/A | | | | | | 5.34% | | |
9/30/19 | | | |
|
9.04 |
| | | | | 0.51 | | | | | | (0.10) | | | | | | 0.41 | | | | | | (0.48) | | | | | | — | | | | | | (0.48) | | | | |
|
8.97 |
| | | | | 4.97% | | | | | | 47,055 | | | | | | 0.99% | | | | | | 0.99%n | | | | | | 5.88% | | |
9/30/18 | | | |
|
9.40 |
| | | | | 0.53 | | | | | | (0.33) | | | | | | 0.20 | | | | | | (0.56) | | | | | | — | | | | | | (0.56) | | | | |
|
9.04 |
| | | | | 2.30% | | | | | | 35,011 | | | | | | 0.99% | | | | | | 0.99%n | | | | | | 5.87% | | |
9/30/17 | | | |
|
9.11 |
| | | | | 0.56 | | | | | | 0.28 | | | | | | 0.84 | | | | | | (0.55) | | | | | | — | | | | | | (0.55) | | | | |
|
9.40 |
| | | | | 9.66% | | | | | | 30,611 | | | | | | 0.99% | | | | | | 0.99%n | | | | | | 6.18% | | |
Class A | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
9/30/21 | | | |
$ |
8.49 |
| | | | $ | 0.44 | | | | | $ | 0.69 | | | | | $ | 1.13 | | | | | $ | (0.43) | | | | | $ | — | | | | | $ | (0.43) | | | | |
$ |
9.19 |
| | | | | 13.65% | | | | | $ | 13,444 | | | | | | 1.09% | | | | | | N/A | | | | | | 4.97% | | |
9/30/20 | | | |
|
9.07 |
| | | | | 0.44 | | | | | | (0.50) | | | | | | (0.06) | | | | | | (0.52) | | | | | | — | | | | | | (0.52) | | | | |
|
8.49 |
| | | | | (0.81)% | | | | | | 24,556 | | | | | | 1.08% | | | | | | N/A | | | | | | 5.24% | | |
9/30/19 | | | |
|
9.13 |
| | | | | 0.51 | | | | | | (0.10) | | | | | | 0.41 | | | | | | (0.47) | | | | | | — | | | | | | (0.47) | | | | |
|
9.07 |
| | | | | 4.89% | | | | | | 31,392 | | | | | | 1.09% | | | | | | 1.09%n | | | | | | 5.77% | | |
9/30/18 | | | |
|
9.49 |
| | | | | 0.52 | | | | | | (0.33) | | | | | | 0.19 | | | | | | (0.55) | | | | | | — | | | | | | (0.55) | | | | |
|
9.13 |
| | | | | 2.10% | | | | | | 27,393 | | | | | | 1.09% | | | | | | 1.09%n | | | | | | 5.76% | | |
9/30/17 | | | |
|
9.17 |
| | | | | 0.56 | | | | | | 0.28 | | | | | | 0.84 | | | | | | (0.52) | | | | | | — | | | | | | (0.52) | | | | |
|
9.49 |
| | | | | 9.63% | | | | | | 29,357 | | | | | | 1.09% | | | | | | 1.09%n | | | | | | 6.09% | | |
Class R3 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
9/30/21 | | | |
$ |
8.60 |
| | | | $ | 0.43 | | | | | $ | 0.69 | | | | | $ | 1.12 | | | | | $ | (0.41) | | | | | $ | — | | | | | $ | (0.41) | | | | |
$ |
9.31 |
| | | | | 13.41% | | | | | $ | 33,334 | | | | | | 1.24% | | | | | | N/A | | | | | | 4.79% | | |
9/30/20 | | | |
|
9.17 |
| | | | | 0.44 | | | | | | (0.52) | | | | | | (0.08) | | | | | | (0.49) | | | | | | — | | | | | | (0.49) | | | | |
|
8.60 |
| | | | | (0.96)% | | | | | | 35,047 | | | | | | 1.23% | | | | | | N/A | | | | | | 5.09% | | |
9/30/19 | | | |
|
9.23 |
| | | | | 0.50 | | | | | | (0.10) | | | | | | 0.40 | | | | | | (0.46) | | | | | | — | | | | | | (0.46) | | | | |
|
9.17 |
| | | | | 4.71% | | | | | | 42,509 | | | | | | 1.24% | | | | | | 1.24%n | | | | | | 5.63% | | |
9/30/18 | | | |
|
9.60 |
| | | | | 0.51 | | | | | | (0.33) | | | | | | 0.18 | | | | | | (0.55) | | | | | | — | | | | | | (0.55) | | | | |
|
9.23 |
| | | | | 2.04% | | | | | | 44,944 | | | | | | 1.24% | | | | | | 1.24%n | | | | | | 5.62% | | |
9/30/17 | | | |
|
9.29 |
| | | | | 0.55 | | | | | | 0.29 | | | | | | 0.84 | | | | | | (0.53) | | | | | | — | | | | | | (0.53) | | | | |
|
9.60 |
| | | | | 9.43% | | | | | | 36,626 | | | | | | 1.24% | | | | | | 1.24%n | | | | | | 5.93% | | |
| | |
Year ended September 30
|
| |||||||||||||||||||||||||||
| | |
2021 |
| |
2020 |
| |
2019 |
| |
2018 |
| |
2017 |
| |||||||||||||||
Portfolio turnover rate |
| | | | 68% | | | | | | 79% | | | | | | 54% | | | | | | 38% | | | | | | 70% | | |