Fund Name |
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Class I |
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Class R5 |
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Service Class |
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Administrative Class |
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Class R4 |
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Class A |
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Class R3 |
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Class
Y |
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Class
L |
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Class
C |
|
MassMutual Short-Duration Bond
Fund |
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MassMutual High Yield Fund | | |
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Page |
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About the Funds | | ||||||
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Class I |
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Class R5 |
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Service Class |
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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 price) |
| |
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Maximum Deferred Sales Charge (Load) (as
a % of the lower of the original offering price or redemption
proceeds) |
| |
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Class I |
| |
Class R5 |
| |
Service Class |
| |
Admini- strative Class |
| |
Class R4 |
| |
Class A |
| |
Class R3 |
| |
Class Y |
| |
Class L |
| |
Class C |
|
Management Fees | | |
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Distribution and Service
(Rule 12b-1) Fees
|
| |
|
| |
|
| |
|
| |
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|
Other Expenses(1) | | |
|
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|
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|
|
Total Annual
Fund Operating Expenses |
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
|
Expense Reimbursement | | |
( |
| |
( |
| |
( |
| |
( |
| |
( |
| |
( |
| |
( |
| |
( |
| |
( |
| |
( |
|
Total Annual Fund Operating Expenses
after Expense Reimbursement(2)
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
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|
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|
| |
|
|
| | |
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 C | | |
$ |
| |
$ |
| |
$ |
| |
$ |
|
| Quarter: |
| |
, |
| | | | | | | Quarter: |
| |
, |
| |
– |
|
| | | | | | | |
One Year |
| | |
Five Years |
| | |
Ten Years |
| ||||||||||||
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. Aggregate
1-3 Year Bond Index fees, expenses, or taxes) |
| | | | | % | | | | | | | % | | | | | | | % | | |
Purchase Minimums* |
| |||||||||||||||
| | | | | |
Class A |
| |
Class Y |
| |
Class L |
| |
Class C |
|
Initial
Investment |
| |
$1,000 |
| |
$100,000 |
| |
$1,000 |
| |
$1,000 |
| |||
Subsequent
Investment |
| |
$250 |
| |
$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 price) |
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
|
Maximum Deferred Sales Charge (Load) (as
a % of the lower of the original offering price or redemption
proceeds) |
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
|
| | |
Class I |
| |
Class R5 |
| |
Service Class |
| |
Adminis- trative 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 |
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
|
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 C | | |
$ |
| |
$ |
| |
$ |
| |
$ |
|
| | |
1 Year |
| |
3 Years |
| |
5 Years |
| |
10 Years |
|
Class C | | |
$ |
| |
$ |
| |
$ |
| |
$ |
|
| Quarter: |
| |
, |
| | | | | | | Quarter: |
| |
, |
| |
– |
|
| | | | | | | |
One Year |
| | |
Five Years |
| | |
Ten Years |
| ||||||||||||
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 |
| | | | | % | | | | | | | % | | | | | | | % | | | |||
Class Y | | | | Return Before Taxes |
| | | | | % | | | | | | | % | | | | | | | % | | | |||
Class C | | | | Return Before Taxes |
| | | | | % | | | | | | | % | | | | | | | % | | | |||
Bloomberg U.S. Corporate
High-Yield Bond Index deduction for fees, expenses, or taxes) |
| | | | | % | | | | | | | % | | | | | | | % | | |
Purchase Minimums* |
| |||||||||||||||
| | | | | | | | |
Class A |
| |
Class Y |
| |
Class C |
|
Initial Investment |
| |
$1,000 |
| |
$100,000 |
| |
$1,000 |
| ||||||
Subsequent Investment |
| |
$250 |
| |
$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 |
| |
Municipal Bond |
| ||||||||||||||||
Less than $25,000 | | | | | 5.50 | %/ | | | | | | 4.25 | %/ | | | | | | 2.50 | %/ | | | | | | 2.50 | %/ | | |
| | | | | 5.82 | %/ | | | | | | 4.44 | %/ | | | | | | 2.56 | %/ | | | | | | 2.56 | %/ | | |
| | | | | 4.50 | % | | | | | | 3.50 | % | | | | | | 2.00 | % | | | | | | 2.00 | % | | |
$25,000 – $49,999 | | | | | 5.25 | %/ | | | | | | 4.25 | %/ | | | | | | 2.25 | %/ | | | | | | 2.25 | %/ | | |
| | | | | 5.54 | %/ | | | | | | 4.44 | %/ | | | | | | 2.30 | %/ | | | | | | 2.30 | %/ | | |
| | | | | 4.25 | % | | | | | | 3.50 | % | | | | | | 1.75 | % | | | | | | 1.75 | % | | |
$50,000 – $99,999 | | | | | 4.50 | %/ | | | | | | 4.00 | %/ | | | | | | 2.00 | %/ | | | | | | 2.00 | %/ | | |
| | | | | 4.71 | %/ | | | | | | 4.17 | %/ | | | | | | 2.04 | %/ | | | | | | 2.04 | %/ | | |
| | | | | 3.50 | % | | | | | | 3.25 | % | | | | | | 1.50 | % | | | | | | 1.50 | % | | |
$100,000 – $249,999 | | | | | 3.50 | %/ | | | | | | 3.00 | %/ | | | | | | 1.75 | %/ | | | | | | 1.75 | %/ | | |
| | | | | 3.63 | %/ | | | | | | 3.09 | %/ | | | | | | 1.78 | %/ | | | | | | 1.78 | %/ | | |
| | | | | 2.50 | % | | | | | | 2.25 | % | | | | | | 1.25 | % | | | | | | 1.25 | % | | |
$250,000 – $499,999 | | | | | 2.25 | %/ | | | | | | 1.75 | %/ | | | | | | 1.50 | %/ | | | | | | None | / | | |
Price
Breakpoints |
| |
General Equity |
| |
General Taxable Bond |
| |
Shorter- Term Bond |
| |
Municipal Bond |
| ||||||||||||||||
| | | | | 2.30 | %/ | | | | | | 1.78 | %/ | | | | | | 1.52 | %/ | | | | | | None | / | | |
| | | | | 1.75 | % | | | | | | 1.50 | % | | | | | | 1.00 | % | | | | | | 1.00 | % | | |
$500,000 – $999,999 | | | | | 1.75 | %/ | | | | | | 1.25 | %/ | | | | | | 1.25 | %/ | | | | | | None | / | | |
| | | | | 1.78 | %/ | | | | | | 1.27 | %/ | | | | | | 1.27 | %/ | | | | | | None | / | | |
| | | | | 1.10 | % | | | | | | 1.00 | % | | | | | | 1.00 | % | | | | | | 1.00 | % | | |
$1,000,000 – $4,999,999 | | | | | None | / | | | | | | None | / | | | | | | None | / | | | | | | None | / | | |
| | | | | None | / | | | | | | None | / | | | | | | None | / | | | | | | None | / | | |
| | | | | 1.00 | % | | | | | | 1.00 | % | | | | | | 0.50 | % | | | | | | 1.00 | % | | |
$5,000,000 or more | | | | | None | / | | | | | | None | / | | | | | | None | / | | | | | | None | / | | |
| | | | | None | / | | | | | | None | / | | | | | | None | / | | | | | | None | / | | |
| | | | | 0.50 | % | | | | | | 0.50 | % | | | | | | 0.50 | % | | | | | | 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. | |
Method |
| |
Instructions |
|
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 transfer via an automated clearing house (“ACH”) transaction(2) | | | You may purchase shares of a Fund by electronically transferring money from 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. | |
Financial Highlights
The financial highlights tables are intended to help you understand the Funds’ financial performance for the past 5 years (or shorter periods for newer Funds). Certain information reflects financial results for a single Fund share. The total returns in the tables represent the rate that an investor would have earned on an investment in the Fund (assuming reinvestment of all dividends and distributions). This information has been audited by Deloitte & Touche LLP, an independent registered public accounting firm, whose report, along with each Fund’s financial statements, are included in the Trust’s Annual Report, and are incorporated by reference into the SAI, and are available upon request.
MASSMUTUAL SHORT-DURATION BOND FUND
Income
(loss) from investment |
Less distributions to shareholders |
Ratios / Supplemental Data |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net
|
Net
|
Net
|
Total
|
From
net |
From
net |
Tax
|
Total
|
Net
|
Total
|
Net
|
Ratio
of |
Ratio
of |
Net
|
|||||||||||||||||||||||||||||||||||||||||||
Class I |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
9/30/23 |
$ | 8.67 | $ | 0.30 | $ | 0.04 | aa | $ | 0.34 | $ | (0.33 | ) | $ | — | $ | (0.00 | )d | $ | (0.33 | ) | $ | 8.68 | 3.96 | % | $ | 77,614 | 0.70 | % | 0.46 | % | 3.47 | % | ||||||||||||||||||||||||
9/30/22 |
10.10 | 0.20 | (1.19 | ) | (0.99 | ) | (0.44 | ) | — | — | (0.44 | ) | 8.67 | (10.11 | %) | 131,484 | 0.40 | % | 0.39 | % | 2.08 | % | ||||||||||||||||||||||||||||||||||
9/30/21 |
10.09 | 0.24 | 0.22 | 0.46 | (0.45 | ) | — | — | (0.45 | ) | 10.10 | 4.69 | % | 211,826 | 0.44 | % | N/A | 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 | % | N/A | 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 | % | N/A | 3.13 | % | |||||||||||||||||||||||||||||||||||||
Class R5 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
9/30/23 |
$ | 8.70 | $ | 0.27 | $ | 0.05 | aa | $ | 0.32 | $ | (0.30 | ) | $ | — | $ | (0.00 | )d | $ | (0.30 | ) | $ | 8.72 | 3.71 | % | $ | 11,359 | 0.82 | % | N/A | 3.09 | % | |||||||||||||||||||||||||
9/30/22 |
10.13 | 0.19 | (1.20 | ) | (1.01 | ) | (0.42 | ) | — | — | (0.42 | ) | 8.70 | (10.26 | %) | 30,546 | 0.50 | % | N/A | 1.95 | % | |||||||||||||||||||||||||||||||||||
9/30/21 |
10.12 | 0.24 | 0.21 | 0.45 | (0.44 | ) | — | — | (0.44 | ) | 10.13 | 4.56 | % | 66,938 | 0.54 | % | N/A | 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 | % | N/A | 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 | % | N/A | 3.03 | % | |||||||||||||||||||||||||||||||||||||
Service Class |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
9/30/23 |
$ | 8.65 | $ | 0.26 | $ | 0.03 | aa | $ | 0.29 | $ | (0.29 | ) | $ | — | $ | (0.00 | )d | $ | (0.29 | ) | $ | 8.65 | 3.37 | % | $ | 3,437 | 0.91 | % | N/A | 3.02 | % | |||||||||||||||||||||||||
9/30/22 |
10.06 | 0.17 | (1.18 | ) | (1.01 | ) | (0.40 | ) | — | — | (0.40 | ) | 8.65 | (10.30 | %) | 2,981 | 0.62 | % | N/A | 1.82 | % | |||||||||||||||||||||||||||||||||||
9/30/21 |
10.04 | 0.23 | 0.21 | 0.44 | (0.42 | ) | — | — | (0.42 | ) | 10.06 | 4.51 | % | 16,282 | 0.64 | % | N/A | 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 | % | N/A | 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 | % | N/A | 2.92 | % | |||||||||||||||||||||||||||||||||||||
Administrative Class |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
9/30/23 |
$ | 8.62 | $ | 0.25 | $ | 0.04 | aa | $ | 0.29 | $ | (0.28 | ) | $ | — | $ | (0.00 | )d | $ | (0.28 | ) | $ | 8.63 | 3.39 | % | $ | 11,719 | 1.01 | % | N/A | 2.96 | % | |||||||||||||||||||||||||
9/30/22 |
10.01 | 0.17 | (1.18 | ) | (1.01 | ) | (0.38 | ) | — | — | (0.38 | ) | 8.62 | (10.38 | %) | 10,582 | 0.70 | % | N/A | 1.78 | % | |||||||||||||||||||||||||||||||||||
9/30/21 |
10.00 | 0.21 | 0.22 | 0.43 | (0.42 | ) | — | — | (0.42 | ) | 10.01 | 4.40 | % | 16,920 | 0.74 | % | N/A | 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 | % | N/A | 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 | % | N/A | 2.83 | % | |||||||||||||||||||||||||||||||||||||
Class R4 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
9/30/23 |
$ | 8.69 | $ | 0.23 | $ | 0.04 | aa | $ | 0.27 | $ | (0.27 | ) | $ | — | $ | (0.00 | )d | $ | (0.27 | ) | $ | 8.69 | 3.11 | % | $ | 3,225 | 1.16 | % | N/A | 2.63 | % | |||||||||||||||||||||||||
9/30/22 |
10.07 | 0.15 | (1.18 | ) | (1.03 | ) | (0.35 | ) | — | — | (0.35 | ) | 8.69 | (10.46 | %) | 8,688 | 0.85 | % | N/A | 1.63 | % | |||||||||||||||||||||||||||||||||||
9/30/21 |
10.05 | 0.20 | 0.22 | 0.42 | (0.40 | ) | — | — | (0.40 | ) | 10.07 | 4.30 | % | 11,743 | 0.89 | % | N/A | 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 | % | N/A | 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 | % | N/A | 2.67 | % | |||||||||||||||||||||||||||||||||||||
Class A |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
9/30/23 |
$ | 8.58 | $ | 0.23 | $ | 0.03 | aa | $ | 0.26 | $ | (0.25 | ) | $ | — | $ | (0.00 | )d | $ | (0.25 | ) | $ | 8.59 | 3.13 | % | $ | 6,055 | 1.26 | % | N/A | 2.65 | % | |||||||||||||||||||||||||
9/30/22 |
9.93 | 0.14 | (1.18 | ) | (1.04 | ) | (0.31 | ) | — | — | (0.31 | ) | 8.58 | (10.63 | %) | 7,588 | 0.95 | % | N/A | 1.44 | % | |||||||||||||||||||||||||||||||||||
9/30/21 |
9.92 | 0.19 | 0.21 | 0.40 | (0.39 | ) | — | — | (0.39 | ) | 9.93 | 4.15 | % | 36,186 | 0.99 | % | N/A | 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 | % | N/A | 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 | % | N/A | 2.58 | % | |||||||||||||||||||||||||||||||||||||
Class R3 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
9/30/23 |
$ | 8.61 | $ | 0.21 | $ | 0.04 | aa | $ | 0.25 | $ | (0.24 | ) | $ | — | $ | (0.00 | )d | $ | (0.24 | ) | $ | 8.62 | 2.98 | % | $ | 6,742 | 1.41 | % | N/A | 2.49 | % | |||||||||||||||||||||||||
9/30/22 |
9.99 | 0.13 | (1.19 | ) | (1.06 | ) | (0.32 | ) | — | — | (0.32 | ) | 8.61 | (10.80 | %) | 7,665 | 1.10 | % | N/A | 1.37 | % | |||||||||||||||||||||||||||||||||||
9/30/21 |
9.98 | 0.17 | 0.22 | 0.39 | (0.38 | ) | — | — | (0.38 | ) | 9.99 | 4.04 | % | 11,652 | 1.14 | % | N/A | 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 | % | N/A | 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 | % | N/A | 2.43 | % | |||||||||||||||||||||||||||||||||||||
Class Y |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
9/30/23 |
$ | 8.68 | $ | 0.30 | $ | 0.04 | aa | $ | 0.34 | $ | (0.33 | ) | $ | — | $ | (0.00 | )d | $ | (0.33 | ) | $ | 8.69 | 3.96 | % | $ | 46,025 | 0.81 | % | 0.46 | % | 3.43 | % | ||||||||||||||||||||||||
9/30/22g |
9.86 | 0.15 | (1.09 | ) | (0.94 | ) | (0.24 | ) | — | — | (0.24 | ) | 8.68 | (9.66 | %)b | 222,385 | 0.48 | %a | 0.40 | %a | 2.05 | %a | ||||||||||||||||||||||||||||||||||
Class L |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
9/30/23 |
$ | 8.64 | $ | 0.28 | $ | 0.03 | aa | $ | 0.31 | $ | (0.30 | ) | $ | — | $ | (0.00 | )d | $ | (0.30 | ) | $ | 8.65 | 3.70 | % | $ | 45,936 | 1.00 | % | 0.71 | % | 3.22 | % | ||||||||||||||||||||||||
9/30/22g |
9.82 | 0.14 | (1.10 | ) | (0.96 | ) | (0.22 | ) | — | — | (0.22 | ) | 8.64 | (9.87 | %)b | 76,609 | 0.69 | %a | 0.65 | %a | 1.86 | %a | ||||||||||||||||||||||||||||||||||
Class C |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
9/30/23 |
$ | 8.71 | $ | 0.26 | $ | 0.04 | aa | $ | 0.30 | $ | (0.29 | ) | $ | — | $ | (0.00 | )d | $ | (0.29 | ) | $ | 8.72 | 3.44 | % | $ | 871 | 1.26 | % | 0.96 | % | 2.95 | % | ||||||||||||||||||||||||
9/30/22g |
9.90 | 0.12 | (1.11 | ) | (0.99 | ) | (0.20 | ) | — | — | (0.20 | ) | 8.71 | (10.07 | %)b | 1,097 | 0.94 | %a | 0.90 | %a | 1.64 | %a |
Year Ended September 30 | |||||
2023 |
2022 |
2021 |
2020 |
2019 | |
Portfolio turnover rate |
16% |
20% |
72% |
37% |
55% |
a |
Annualized. |
b |
Percentage represents the results for the period and is not annualized. |
c |
Per share amount calculated on the average shares method. |
d |
Amount is less than $0.005 per share. |
g |
For the period December 13, 2021 (commencement of operations) through September 30, 2022. |
j |
Computed after giving effect to an agreement by MML Advisers to waive certain fees and expenses of the Fund. |
l |
Employee retirement benefit plans that invest plan assets in the Separate Investment Accounts (SIAs) may be subject to certain charges as set forth in their respective Plan Documents. Total return figures would be lower for the periods presented if they reflected these charges. |
m |
Total return excludes sales charges, if any, and would be lower for the period presented if it reflected these charges. |
aa |
The amount shown for a share outstanding does not correspond with the aggregate net realized and unrealized gain (loss) for the period due to the timing of purchases and redemptions of Fund shares in relation to the fluctuating market values of the Fund. |
– 60 – |
MASSMUTUAL HIGH YIELD FUND
Income
(loss) from investment |
Less distributions to shareholders |
Ratios / Supplemental Data |
||||||||||||||||||||||||||||||||||||||||||||||||||
Net
|
Net
|
Net
|
Total
|
From
net |
From
net |
Total
|
Net
|
Total
|
Net |
Ratio
of |
Ratio
of |
Net
|
||||||||||||||||||||||||||||||||||||||||
Class I |
||||||||||||||||||||||||||||||||||||||||||||||||||||
9/30/23 |
$ | 7.28 | $ | 0.49 | $ | 0.25 | $ | 0.74 | $ | (0.49 | ) | $ | — | (0.49 | ) | $ | 7.53 | 10.39 | % | $ | 259,513 | 0.68 | % | N/A | 6.47 | % | ||||||||||||||||||||||||||
9/30/22 |
9.34 | 0.47 | (1.64 | ) | (1.17 | ) | (0.89 | ) | — | (0.89 | ) | 7.28 | (13.59 | %) | 228,970 | 0.55 | % | N/A | 5.61 | % | ||||||||||||||||||||||||||||||||
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 | % | ||||||||||||||||||||||||||||||||
Class R5 |
||||||||||||||||||||||||||||||||||||||||||||||||||||
9/30/23 |
$ | 7.33 | $ | 0.49 | $ | 0.25 | $ | 0.74 | $ | (0.49 | ) | $ | — | $ | (0.49 | ) | $ | 7.58 | 10.26 | % | $ | 32,778 | 0.78 | % | N/A | 6.37 | % | |||||||||||||||||||||||||
9/30/22 |
9.40 | 0.47 | (1.66 | ) | (1.19 | ) | (0.88 | ) | — | (0.88 | ) | 7.33 | (13.74 | %) | 34,164 | 0.65 | % | N/A | 5.52 | % | ||||||||||||||||||||||||||||||||
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 | % | ||||||||||||||||||||||||||||||||
Service Class |
||||||||||||||||||||||||||||||||||||||||||||||||||||
9/30/23 |
$ | 7.33 | $ | 0.48 | $ | 0.25 | $ | 0.73 | $ | (0.48 | ) | $ | — | $ | (0.48 | ) | $ | 7.58 | 10.15 | % | $ | 20,937 | 0.88 | % | N/A | 6.26 | % | |||||||||||||||||||||||||
9/30/22 |
9.39 | 0.46 | (1.66 | ) | (1.20 | ) | (0.86 | ) | — | (0.86 | ) | 7.33 | (13.81 | %) | 22,158 | 0.75 | % | N/A | 5.44 | % | ||||||||||||||||||||||||||||||||
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 | % | ||||||||||||||||||||||||||||||||
Administrative Class |
||||||||||||||||||||||||||||||||||||||||||||||||||||
9/30/23 |
$ | 7.20 | $ | 0.46 | $ | 0.26 | $ | 0.72 | $ | (0.47 | ) | $ | — | $ | (0.47 | ) | $ | 7.45 | 10.10 | % | $ | 12,382 | 0.98 | % | N/A | 6.17 | % | |||||||||||||||||||||||||
9/30/22 |
9.22 | 0.44 | (1.62 | ) | (1.18 | ) | (0.84 | ) | — | (0.84 | ) | 7.20 | (13.85 | %) | 12,693 | 0.85 | % | N/A | 5.28 | % | ||||||||||||||||||||||||||||||||
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 | % | ||||||||||||||||||||||||||||||||
Class R4 |
||||||||||||||||||||||||||||||||||||||||||||||||||||
9/30/23 |
$ | 7.07 | $ | 0.44 | $ | 0.26 | $ | 0.70 | $ | (0.45 | ) | $ | — | $ | (0.45 | ) | $ | 7.32 | 10.01 | % | $ | 16,984 | 1.13 | % | N/A | 6.00 | % | |||||||||||||||||||||||||
9/30/22 |
9.06 | 0.42 | (1.60 | ) | (1.18 | ) | (0.81 | ) | — | (0.81 | ) | 7.07 | (14.05 | %) | 30,615 | 1.00 | % | N/A | 5.19 | % | ||||||||||||||||||||||||||||||||
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 | % | ||||||||||||||||||||||||||||||||
Class A |
||||||||||||||||||||||||||||||||||||||||||||||||||||
9/30/23 |
$ | 7.20 | $ | 0.44 | $ | 0.25 | $ | 0.69 | $ | (0.45 | ) | $ | — | $ | (0.45 | ) | $ | 7.44 | 9.68 | % | $ | 7,116 | 1.23 | % | N/A | 5.91 | % | |||||||||||||||||||||||||
9/30/22 |
9.19 | 0.42 | (1.63 | ) | (1.21 | ) | (0.78 | ) | — | (0.78 | ) | 7.20 | (14.10 | %) | 8,335 | 1.10 | % | N/A | 5.06 | % | ||||||||||||||||||||||||||||||||
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 | % | ||||||||||||||||||||||||||||||||
Class R3 |
||||||||||||||||||||||||||||||||||||||||||||||||||||
9/30/23 |
$ | 7.29 | $ | 0.44 | $ | 0.25 | $ | 0.69 | $ | (0.44 | ) | $ | — | $ | (0.44 | ) | $ | 7.54 | 9.62 | % | $ | 23,159 | 1.38 | % | N/A | 5.76 | % | |||||||||||||||||||||||||
9/30/22 |
9.31 | 0.41 | (1.65 | ) | (1.24 | ) | (0.78 | ) | — | (0.78 | ) | 7.29 | (14.27 | %) | 24,740 | 1.25 | % | N/A | 4.93 | % | ||||||||||||||||||||||||||||||||
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 | % | ||||||||||||||||||||||||||||||||
Class Y |
||||||||||||||||||||||||||||||||||||||||||||||||||||
9/30/23 |
$ | 7.30 | $ | 0.49 | $ | 0.25 | $ | 0.74 | $ | (0.49 | ) | $ | — | $ | (0.49 | ) | $ | 7.55 | 10.33 | % | $ | 29,201 | 0.73 | % | N/A | 6.43 | % | |||||||||||||||||||||||||
9/30/22g |
8.86 | 0.38 | (1.56 | ) | (1.18 | ) | (0.38 | ) | — | (0.38 | ) | 7.30 | (13.66 | %)b | 23,397 | 0.60 | %a | N/A | 5.81 | %a | ||||||||||||||||||||||||||||||||
Class C |
||||||||||||||||||||||||||||||||||||||||||||||||||||
9/30/23 |
$ | 7.33 | $ | 0.42 | $ | 0.25 | $ | 0.67 | $ | (0.42 | ) | $ | — | $ | (0.42 | ) | $ | 7.58 | 9.27 | % | $ | 96 | 1.69 | % | N/A | 5.47 | % | |||||||||||||||||||||||||
9/30/22g |
8.89 | 0.32 | (1.56 | ) | (1.24 | ) | (0.32 | ) | — | (0.32 | ) | 7.33 | (14.28 | %)b | 81 | 1.55 | %a | N/A | 4.78 | %a |
Year Ended September 30 | |||||
2023 |
2022 |
2021 |
2020 |
2019 | |
Portfolio turnover rate |
38% |
53% |
68% |
79% |
54% |
a |
Annualized. |
b |
Percentage represents the results for the period and is not annualized. |
c |
Per share amount calculated on the average shares method. |
g |
For the period December 13, 2021 (commencement of operations) through September 30, 2022. |
j |
Computed after giving effect to an agreement by MML Advisers to waive certain fees and expenses of the Fund. |
l |
Employee retirement benefit plans that invest plan assets in the Separate Investment Accounts (SIAs) may be subject to certain charges as set forth in their respective Plan Documents. Total return figures would be lower for the periods presented if they reflected these charges. |
m |
Total return excludes sales charges, if any, and would be lower for the period presented if it reflected these charges. |
n |
Expenses incurred during the period fell under the expense cap. |
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