Fossil fuel companiesare fueling the climate crisis.


MassMutual Balanced Fund

Shareclass
MassMutual Balanced R3 (MMBRX)
Type
Open-end mutual fund
Manager
Sustainability mandate
Fossil fuel exposure of 4.64% places the fund in the C tier, between 3% and 5.5% exposure.

Methodology
C
Investments in major fossil fuel companies
Duke Energy Corp
Macroclimate 30Top 30 coal-fired power
$264,531
Xcel Energy Inc
Macroclimate 30Top 30 coal-fired power
$129,020
American Electric Power Co Inc
Macroclimate 30Top 30 coal-fired power
$68,225
FirstEnergy Corp
Carbon Underground 200Top 200 carbon reserves
$24,232
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
1
holdings
$24,232
invested
0.02%
of portfolio
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
6
holdings
$664,584
invested
0.62%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
19
holdings
$3.48M
invested
3.24%
of portfolio
Utility sector
Top 30 coal-fired utilities
Top 30 coal-fired utilities
Macroclimate 30
3
holdings
$461,776
invested
0.43%
of portfolio
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
18
holdings
$1.98M
invested
1.84%
of portfolio
  When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
31 holdings
31 holdings
  • 1. Marathon Petroleum Corp
    Oil/gas industry
    $726,667
    0.68%
  • 2. Cheniere Energy Inc
    Oil/gas industry
    $531,591
    0.49%
  • 3. Public Service Enterprise Group Inc
    Fossil-fired utility
    $483,696
    0.45%
  • 4. CSX Corp
    Coal industry
    $373,431
    0.35%
  • 5. Williams Companies Inc
    Oil/gas industry
    $278,501
    0.26%
See all
Share to spread the word.
Business as usual is fueling climate destruction.
MassMutual Balanced Fund $MMBRX is 4.64% ($4.99 MILLION) invested in fossil fuel stocks
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Financial performance
Performance data provided byMorningstarFind more financial data on MMBRX at Morningstar.com
Current fund
MMBRX
MassMutual Balanced Fund
Family
MassMutual
Category
Moderate Allocation
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 2/29/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 10-yr returns 
-5.93% less in annualized returns
Less invested in fossil fuels 
3.87% less invested
Lower fossil finance risk score 
24 points lower
Lower fossil insurance risk score 
14 points lower
Less invested in Clean200 
6.23% less invested
Current fund
MMBRX
MassMutual Balanced Fund
Family
MassMutual
Category
Moderate Allocation
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 2/29/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 10-yr returns 
-5.93% less in annualized returns
Less invested in fossil fuels 
3.87% less invested
Lower fossil finance risk score 
24 points lower
Lower fossil insurance risk score 
14 points lower
Less invested in Clean200 
6.23% less invested
Current fund
MMBRX
MassMutual Balanced Fund
Family
MassMutual
Category
Moderate Allocation
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 2/29/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 10-yr returns 
-5.93% less in annualized returns
Less invested in fossil fuels 
3.87% less invested
Lower fossil finance risk score 
24 points lower
Lower fossil insurance risk score 
14 points lower
Less invested in Clean200 
6.23% less invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Fossil fuel %
This fund
MMBRX - MassMutual Balanced Fund
16%
5.78%
7.82%
6.72%
4.64% 
Benchmark
IVV - iShares Core S&P 500 ETF
30%
12%
15%
13%
8.51% 
Fund compared to benchmark
 
-14.65%
-6.09%
-6.91%
-5.93%
3.87%  lower
Find more financial data on MMBRX at Morningstar.com
What's next?
Learn how to make a change and move your money
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