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MassMutual Introduces New Municipal Bond Mutual Funds, Clinton Investment Management Selected as SubadviserMassMutual Investments today announced the introduction of three new open-end municipal bond mutual funds to its MassMutual Funds mix and its selection of Clinton Investment Management, LLC (CIM) as the subadviser. "These launches represent an important milestone and reflect continued consistency in our efforts to expand and grow our MassMutual Investments platform in the wealth distribution channel," said Doug Steele, CFA, head of product management, MassMutual. "These are the first funds that we are introducing in the municipal category, with a new-to-MassMutual subadviser. We have confidence in Clinton Investment Management and its team's exceptional track record and conviction to delivering strong returns within this category." The funds will be managed consistent with CIM's existing municipal short duration (limited term), maret duration and credit opportunities strategies. The funds are:
"Given the thorough nature of MassMutual's almost year-long, industrywide, municipal bond manager search, we believe CIM's selection reflects the value we have consistently delivered to our clients together with the rigor of our risk management culture, and the strength of our operational infrastructure," said Andrew Clinton, CEO, Clinton Investment Management. "CIM is extremely proud to partner with MassMutual given the company's deep and enduring history of delivering world-class investment capabilities. We look forward to increasing investor accessibility to our municipal bond strategies now and in the future with MassMutual." This new offering marks the first subadviser selection by MassMutual's head of manager research, Wale Adedokun, who joined the company in 2022. About MassMutual (Massachusetts Mutual Life Insurance Company) MassMutual is a leading mutual life insurance company that is run for the benefit of its members and participating policyowners. Founded in 1851, the company has been continually guided by one consistent purpose: we help people secure their future and protect the ones they love. With a focus on delivering long-term value, MassMutual offers a wide range of protection, accumulation, wealth management and retirement products and services. For more information, visit www.massmutual.com. MassMutual Investments is the marketing name for certain products and/or services of MassMutual and its subsidiaries, including MML Investment Advisers, LLC (MML Advisers). Investment advisory services of MassMutual Investments are provided exclusively by MML Advisers. Principal Underwriter: MML Distributors, LLC. (MMLD), 1295 State St., Springfield, MA 01111. Member FINRA and member SIPC (www.SIPC.org). MMLD and MML Advisers are subsidiaries of MassMutual. ©2024 Massachusetts Mutual Life Insurance Company (MassMutual®), Springfield, MA. All rights reserved. www.MassMutual.com. MM202502-308114
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