Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be more or less than their original cost. The current performance may be lower or higher than the performance data quoted. The performance data quoted represents past performance.

Fund returns include changes in share price, reinvested distributions, and the 5.75% maximum sales charge (4.75% for longer term bond funds and 3.5% for the short term bond funds), except where "without sales charge" is indicated. Average annual total returns include reinvestment of dividends and capital gains distributions. Performance is shown net of expenses.

Fund Performance reported by Investors Bank & Trust Company, data subject to change.
Small and mid market capitalization investing generally involves greater risk than large capitalization investing.

¹ Prior to 11/1/04 this fund was formerly named Money Market Fund (Babson). An investment in a money market fund is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund. The money market fund may not be available to all investors.
² Prior to 11/1/04 this fund was formerly named Short-Duration Bond Fund (Babson).
³ Prior to 11/1/04 this fund was formerly named Inflation-Protected Fund (Babson). Risks of investing in the fund include credit risk and interest rate risk. Neither the fund nor its yield is guaranteed by the US Government.
⁴ Prior to 11/1/04 this fund was formerly named Core Bond Fund (Babson).
⁵ Prior to 11/1/04 this fund was formerly named Diversified Bond Fund (Babson).
⁶ This fund is a high yield bond fund subject to greater credit risks than high quality bond funds. High yielding debt securities investments are generally subject to greater market fluctuations and risk of loss of income and principal than lower yielding debt securities investments.
⁷ Prior to 11/1/04 this fund was formerly named Balanced Fund (Babson).
⁸ Prior to 11/1/04 this fund was formerly named Strategic Balanced Fund (Salomon/Western Asset Management).
⁹ Prior to 11/1/04 this fund was formerly named Destination Retirement Income Fund.
¹⁰ Prior to 11/1/04 this fund was formerly named Destination Retirement 2010 Fund.
¹¹ Prior to 11/1/04 this fund was formerly named Destination Retirement 2020 Fund.
¹² Prior to 11/1/04 this fund was formerly named Destination Retirement 2030 Fund.
¹³ Prior to 11/1/04 this fund was formerly named Destination Retirement 2040 Fund. A significant percentage of the underlying investments in this strategy have a higher than average risk exposure. Investors should consider their risk tolerance carefully before choosing such a strategy.
¹⁴ MassMutual Select Destination Retirement Funds invest in other MassMutual Premier Funds and MassMutual Select Funds.
¹⁵ Prior to 11/1/04 this fund was formerly named Core Value Equity Fund (Babson/Bernstein).
¹⁶ Prior to 11/1/04 this fund was formerly named Large Cap Value Fund (Davis Advisors).
¹⁷ Prior to 11/1/04 this fund was formerly named Fundamental Value Fund (Wellington).
¹⁸ Prior to 11/1/04 this fund was formerly named Value Equity Fund (Fidelity).
¹⁹ Prior to 11/1/04 this fund was formerly named Indexed Equity Fund (Northern Trust).
²¹ Prior to 11/1/04 this fund was formerly named Blue Chip Growth Fund (Fidelity).
²² Prior to 11/1/04 this fund was formerly named Aggressive Growth Fund (Sands).
²³ Prior to 11/1/04 this fund was formerly named Large Cap Growth Fund (Alliance).
²⁴ Prior to 11/1/04 this fund was formerly named Small Cap Equity Fund (Babson). Effective 11/1/04 Small Cap Equity Fund (Babson Capital) and DLB Small Company Opportunities Fund merged and were renamed Premier Small Company Opportunities Fund (Babson Capital). Performance shown is that of Premier Small Company Opportunities Fund (Babson Capital) formerly known as DLB Small Company Opportunities Fund, which began operations on 7/20/98.
²⁵ Prior to 11/1/04 this fund was formerly named Focused Value Fund (Harris/ Cooke & Bieler). Investments in companies with small market capitalization ('small caps') may be subject to special risks given their characteristic narrow markets, limited financial resources, and less liquid stocks, all which may cause price volatility.
²⁶ Prior to 11/1/04 this fund was formerly named Small Company Value Fund (Clover/T. Rowe Price). Investments in companies with small market capitalization ('small caps') may be subject to special risks given their characteristic narrow markets, limited financial resources, and less liquid stocks, all which may cause price volatility.
²⁷ Prior to 11/1/04 this fund was formerly named Mid Cap Growth Fund (Navallier). Investments in companies with small market capitalization ('small caps') may be subject to special risks given their characteristic narrow markets, limited financial resources, and less liquid stocks, all which may cause price volatility.
²⁸ Prior to 11/1/04 this fund was formerly named Mid Cap Growth Fund II (T. Rowe Price). Investments in companies with small market capitalization ('small caps') may be subject to special risks given their characteristic narrow markets, limited financial resources, and less liquid stocks, all which may cause price volatility.
²⁹ Prior to 11/1/04 this fund was formerly named Small Company Growth Fund (Mazama/MTB). Investments in companies with small market capitalization ('small caps') may be subject to special risks given their characteristic narrow markets, limited financial resources, and less liquid stocks, all which may cause price volatility.
³⁰ Prior to 11/1/04 this fund was formerly named Small Cap Growth Fund (Waddell & Reed/Wellington). Investments in companies with small market capitalization ('small caps') may be subject to special risks given their characteristic narrow markets, limited financial resources, and less liquid stocks, all which may cause price volatility.
³¹ Prior to 11/1/04 this fund was formerly named Emerging Growth Fund (RS Investments). Investments in companies with small market capitalization ('small caps') may be subject to special risks given their characteristic narrow markets, limited financial resources, and less liquid stocks, all which may cause price volatility.
³² Prior to 11/1/04 this fund was formerly named International Equity Fund (Oppenheimer). International investing can involve special risks, such as, political changes and currency fluctuations. These risks are heightened in emerging markets.
³³ There are special risks associated with international investing, such as political changes and currency fluctuations. There risks are heightened in emerging markets.
³⁴ Prior to 11/1/04 this fund was formerly named Overseas Fund (American Century/Harris). International investing can involve special risks, such as, political changes and currency fluctuations. These risks are heightened in emerging markets.
³⁵ Prior to 11/1/04 this fund was formerly named OTC 100 Fund (Northern Trust).
NASDAQ®, NASDAQ-100® and NASDAQ-100 Index® are trademarks of The NASDAQ Stock Market, Inc. (together with its affiliates, “NASDAQ”) and are licensed for use by the Fund. The Fund has not been passed on by NASDAQ as to its legality or suitability. The Fund is not issued, endorsed, sold or promoted by NASDAQ. NASDAQ MAKES NO WARRANTIES AND BEARS NO LIABILITY WITH RESPECT TO THE FUND.
³⁶ Effective 11/1/04, these funds are closed to new investors.

Indexes are unmanaged, do not incur fees or expenses, and cannot be purchased directly for investment.
The risk/return indicator is for comparative purposes and is based on the general comparative risks of these categories.