Fund info

MassMutual High Yield Fund Service Class is an actively managed open‑end mutual fund focused on below‑investment‑grade corporate credit. Its primary objective is to deliver a high level of total return, emphasizing current income through diversified exposure to high yield bonds across industries and capital structures. The strategy typically balances credit selection with risk controls such as managing effective duration and credit quality tiers consistent with the high yield category. The fund sits within the High Yield Bond category, reflecting its concentration in lower‑rated issuers that offer elevated coupons in exchange for higher credit and liquidity risk. It is part of the MassMutual mutual fund lineup, with investment advisory services provided under the MassMutual Investments umbrella. The portfolio often includes a broad mix of corporate issuers and may hold a modest allocation to cash or short‑term instruments for liquidity and risk management. Within the market, MassMutual High Yield Fund Service Class serves investors seeking bond income and diversified exposure to sub‑investment‑grade credit, functioning as a satellite allocation alongside core fixed income holdings.