MassMutual Premier and Select Funds Top Ten Holdings as of =9/30/2015

Top 10 MM PREM SM/MID CAP OPPORT FD ITGE MM PREMIER HIGH YIELD FD ITGF MM PREMIER INFL PROTECTED BD ITGU MM PREMIER DIVERSIFIED BD FD ITGL 1 Pinnacle Foods, Inc. 2.5 MUSTANG MERGER CORP SR UNSECURED 144A 08/21 8.5 2.8 TSY INFL IX N/B 04/18 0.125 6.4 US 2YR NOTE (CBT) DEC15 XCBT 20151231 16.0 2 Korn/Ferry International 2.2 OPE KAG FINANCE SUB SR UNSECURED 144A 07/23 7.875 2.2 TSY INFL IX N/B 04/19 0.125 6.3 US 5YR NOTE (CBT) DEC15 XCBT 20151231 7.5 3 STAG Industrial, Inc. 2.2 AUDATEX NORTH AMERICA IN COMPANY GUAR 144A 11/23 6.125 1.9 TSY INFL IX N/B 01/22 0.125 5.2 GNMA II TBA 30 YR 3 JUMBOS 3.2 4 SYNNEX Corporation 2.0 GCI INC SR UNSECURED 04/25 6.875 1.9 TSY INFL IX N/B 04/20 0.125 5.1 FNMA TBA 30 YR 3 SINGLE FAMILY MORTGAGE 2.8 5 WellCare Health Plans, Inc. 2.0 BRUNSWICK CORP SR UNSECURED 08/27 7.125 1.6 TSY INFL IX N/B 01/24 0.625 5.1 GNMA II TBA 30 YR 4.5 JUMBOS 2.2 6 BankUnited, Inc. 2.0 J.B. POINDEXTER + CO SR UNSECURED 144A 04/22 9 1.5 TSY INFL IX N/B 07/22 0.125 5.1 US ULTRA BOND CBT DEC15 XCBT 20151221 1.6 7 KAR Auction Services, Inc. 2.0 XERIUM TECHNOLOGIES INC COMPANY GUAR 06/18 8.875 1.5 TSY INFL IX N/B 01/23 0.125 5.0 US TREASURY N/B 04/20 1.375 1.4 8 Prestige Brands Holdings, Inc. 1.9 SIRIUS XM RADIO INC COMPANY GUAR 144A 04/25 5.375 1.4 TSY INFL IX N/B 07/23 0.375 5.0 US TREASURY N/B 11/44 3 1.4 9 j2 Global Inc 1.9 PINNACLE OPERATING CORP SECURED 144A 11/20 9 1.4 TSY INFL IX N/B 01/25 0.25 4.9 FNMA TBA 30 YR 2.5 SINGLE FAMILY MORTGAGE 1.2 10 BancorpSouth, Inc. 1.9 ALLIED SPECIALTY VEHICLE SR SECURED 144A 11/19 8.5 1.4 TSY INFL IX N/B 07/21 0.625 4.9 FHLMC TBA 30 YR 4 GOLD SINGLE FAMILY 1.1 20.7 17.4 53.1 38.3

Top 10 MM PREMIER BALANCED FD ITGC MM PREMIER SHORT-DURATION BOND ITGS MM PREMIER INTL EQUITY FD ITGR MM PREMIER GLOBAL FD ITGV 1 5Y T-Note (CBT) Dec 15 5.5 US 2YR NOTE (CBT) DEC15 XCBT 20151231 23.6 Dollarama Inc. 2.1 McGraw Hill Financial, Inc. 2.4 2 2Y T-Note (CBT) Dec 15 3.5 US 5YR NOTE (CBT) DEC15 XCBT 20151231 11.9 Continental AG 1.7 Aetna Inc. 2.4 3 iShares MSCI EAFE ETF 3.0 US TREASURY N/B 12/17 1 5.8 Novo Nordisk A/S Class B 1.7 Colgate-Palmolive Company 2.2 4 Long Term US T-Bond (CBT) Dec 15 2.0 US TREASURY N/B 11/17 0.875 5.6 Nippon Telegraph and Telephone Corporation 1.6 Citigroup Inc. 2.1 5 Apple Inc. 1.9 CITIGROUP INC SUBORDINATED 02/17 5.5 0.9 Carnival Corporation 1.6 Murata Manufacturing Co., Ltd. 2.1 6 Vanguard Developed Markets Index Fund ETF 1.9 FREDDIE MAC FHR 4336 MA 0.7 Infineon Technologies AG 1.5 Airbus Group SE 2.1 7 Government National Mortgage Association @na @na 1.4 BUNGE LIMITED FINANCE CO COMPANY GUAR 06/17 3.2 0.6 Valeo SA 1.5 Altera Corporation 2.1 8 Vanguard FTSE Emerging Markets ETF 1.3 MORGAN STANLEY SR UNSECURED 03/17 4.75 0.6 Roche Holding Ltd Genusssch. 1.4 Adobe Systems Incorporated 2.0 9 Federal National Mortgage Association 1.2 FREDDIE MAC FHR 4290 CA 0.5 Heineken NV 1.4 LVMH Moet Hennessy Louis Vuitton SE 1.9 10 Government National Mortgage Association 1.1 TIAA ASSET MGMT FIN LLC SR UNSECURED 144A 11/19 2.95 0.5 Amadeus IT Holding SA Class A 1.4 Industria de Diseno Textil, S.A. 1.9 22.7 50.8 15.9 21.3

Top 10 MM PREMIER DISCIPLINED VALUE F ITGH MM PREMIER STRATEGIC EMER MKT ITJV MM PREMIER MAIN STREET FD ITGW MM PREMIER DISCIPLINED GRO FD ITJQ 1 General Electric Company 3.6 Housing Development Finance Corporation Limited 4.1 Apple Inc. 4.9 Apple Inc. 7.0 2 Exxon Mobil Corporation 3.5 Tencent Holdings Ltd. 3.4 Alphabet Inc. Class C 4.6 Gilead Sciences, Inc. 2.2 3 Pfizer Inc. 3.1 Magnit PJSC 4.6 Citigroup Inc. 3.6 PepsiCo, Inc. 2.1 4 JPMorgan Chase & Co. 2.8 Infosys Limited 3.0 , Inc. Class A 3.4 Verizon Communications Inc. 2.1 5 Johnson & Johnson 2.5 Novatek OAO Sponsored GDR RegS 2.4 CME Group Inc. Class A 3.0 Amazon.com, Inc. 2.1 6 Bank of America Corporation 2.3 Alibaba Group Holding Ltd. Sponsored ADR 2.4 Philip Morris International Inc. 2.9 Amgen Inc. 1.9 7 Wells Fargo & Company 2.3 JD.com, Inc. Sponsored ADR Class A 2.1 General Electric Company 2.9 Alphabet Inc. Class A 1.9 8 Citigroup Inc. 2.2 Baidu, Inc. Sponsored ADR Class A 2.1 PepsiCo, Inc. 2.5 Walt Disney Company 1.9 9 Cisco Systems, Inc. 2.0 Taiwan Semiconductor Manufacturing Co., Ltd. 2.0 Chevron Corporation 2.3 Microsoft Corporation 1.7 10 AT&T Inc. 2.0 Ctrip.com International Ltd. Sponsored ADR 1.7 PG&E Corporation 2.3 Alphabet Inc. Class C 1.5 26.3 27.8 32.2 24.4

Top 10 MM PREMIER CORE BOND FD ITGM MM PREMIER VALUE FD ITGA MM PREMIER HIGH YIELD FD ITGF 1 US 5YR NOTE (CBT) DEC15 XCBT 20151231 13.7 Citigroup Inc. 3.5 MUSTANG MERGER CORP SR UNSECURED 144A 08/21 8.5 2.8 2 US 2YR NOTE (CBT) DEC15 XCBT 20151231 8.9 JPMorgan Chase & Co. 3.1 OPE KAG FINANCE SUB SR UNSECURED 144A 07/23 7.875 2.2 3 GNMA II TBA 30 YR 3 JUMBOS 3.4 Pfizer Inc. 2.7 AUDATEX NORTH AMERICA IN COMPANY GUAR 144A 11/23 6.125 1.9 4 FNMA TBA 30 YR 3 SINGLE FAMILY MORTGAGE 3.0 American International Group, Inc. 2.6 GCI INC SR UNSECURED 04/25 6.875 1.9 5 US ULTRA BOND CBT DEC15 XCBT 20151221 2.8 Edison International 2.5 BRUNSWICK CORP SR UNSECURED 08/27 7.125 1.6 6 GNMA II TBA 30 YR 4.5 JUMBOS 2.4 UnitedHealth Group Incorporated 2.5 J.B. POINDEXTER + CO SR UNSECURED 144A 04/22 9 1.5 7 FNMA TBA 30 YR 2.5 SINGLE FAMILY MORTGAGE 1.4 Suncor Energy Inc. 2.3 XERIUM TECHNOLOGIES INC COMPANY GUAR 06/18 8.875 1.5 8 FHLMC TBA 30 YR 4 GOLD SINGLE FAMILY 1.1 Ally Financial Inc 2.1 SIRIUS XM RADIO INC COMPANY GUAR 144A 04/25 5.375 1.4 9 GNMA II TBA 30 YR 3.5 JUMBOS 1.0 Danaher Corporation 2.1 PINNACLE OPERATING CORP SECURED 144A 11/20 9 1.4 10 GNMA II TBA 30 YR 4 JUMBOS 1.0 Cardinal Health, Inc. 1.9 ALLIED SPECIALTY VEHICLE SR SECURED 144A 11/19 8.5 1.4 38.7 25.4 17.4 Top 10 MM MSCI EAFE INTL INDEX FUND IYFX MM SELECT LARGE CAP VALUE FD ITHN MM SEL RETIRESMART IN RET FD ITHD MM SEL RETIRESMART 2015 FD IYFD 1 Nestle S.A. 1.9 Pfizer Inc. 4.3 MassMutual Premier Core Bond Fund Class I 24.2 MassMutual Premier Core Bond Fund Class I 20.9 2 EURO STOXX 50 DEC15 XEUR 20151218 1.9 JPMorgan Chase & Co. 4.1 MassMutual Premier Inflation-Protected And Income Fund Class I 12.8 MassMutual Premier Inflation-Protected And Income Fund Class I 9.7 3 Novartis AG 1.6 CNO Financial Group, Inc. 4.1 MassMutual Premier Short-Duration Bond Fund Class I 9.9 MassMutual Premier Short-Duration Bond Fund Class I 6.3 4 Roche Holding Ltd Genusssch. 1.4 Bank of America Corporation 4.0 Select Total Return Bond Fund Class I 6.0 Select Total Return Bond Fund Class I 5.2 5 Toyota Motor Corp. 1.2 KBR, Inc. 3.3 MassMutual Select Strategic Bond Fund Class I 4.2 MassMutual Select Overseas Fund Class I 4.8 6 HSBC Holdings plc 1.2 Philip Morris International Inc. 3.3 MassMutual Premier Disciplined Growth Fund Class I 3.9 MassMutual Premier Disciplined Growth Fund Class I 4.8 7 TOPIX INDX FUTR DEC15 XOSE 20151210 1.1 Merck & Co., Inc. 3.3 MassMutual Premier Disciplined Value Fund Class I 3.9 MassMutual Premier Disciplined Value Fund Class I 4.8 8 FTSE 100 IDX FUT DEC15 IFLL 20151218 1.0 Microsoft Corporation 3.0 MASSMUTUAL PREMIER MONEY MARKEMASSMUTUAL PR MONEY MARKET S 3.7 MM MSCI EAFE International Index Fund Class I 4.4 9 Sanofi 0.9 Eli Lilly and Company 2.8 MassMutual Select Overseas Fund Class I 2.9 MassMutual Select Strategic Bond Fund Class I 3.6 10 Bayer AG 0.8 Citigroup Inc. 2.7 Oppenheimer Commodity Strategy Total Return Fund Class I 2.7 Oppenheimer Commodity Strategy Total Return Fund Class I 2.7 13.1 34.8 74.1 67.0

Top 10 MM RUSSELL 2000 SMCAP INDEX FD IYFW MM SELECT MID CAP VALUE FUND IBYK MM SEL RETIRESMART MOD GROWTH ITKD MM SEL RETIRESMART 2020 FD ITG9 1 RUSSELL 2000 MINI DEC15 IFUS 20151218 2.5 Level 3 Communications, Inc. 1.6 MassMutual Select Overseas Fund Class I 7.1 MassMutual Premier Core Bond Fund Class I 13.5 2 Tyler Technologies, Inc. 0.3 SunTrust Banks, Inc. 1.5 MM MSCI EAFE International Index Fund Class I 6.9 MassMutual Premier Inflation-Protected And Income Fund Class I 7.0 3 Anacor Pharmaceuticals, Inc. 0.3 Allison Transmission Holdings, Inc. 1.4 MassMutual Premier Disciplined Value Fund Class I 7.5 MassMutual Select Overseas Fund Class I 5.9 4 Manhattan Associates, Inc. 0.3 E*TRADE Financial Corporation 1.4 MassMutual Premier Disciplined Growth Fund Class I 7.1 MassMutual Premier Disciplined Growth Fund Class I 5.8 5 CubeSmart 0.3 Boston Scientific Corporation 1.4 MassMutual Premier Core Bond Fund Class I 6.0 MassMutual Premier Disciplined Value Fund Class I 5.8 6 Investors Bancorp Inc 0.2 DTE Energy Company 1.3 Oppenheimer Commodity Strategy Total Return Fund Class I 2.6 MM MSCI EAFE International Index Fund Class I 5.4 7 First American Financial Corporation 0.2 BioMed Realty Trust, Inc. 1.3 MassMutual Select Diversified Value Fund Class I 4.0 MassMutual Premier Short-Duration Bond Fund Class I 4.9 8 Casey's General Stores, Inc. 0.2 Republic Services, Inc. 1.3 MassMutual Premier High Yield Fund Class I 3.3 Select Total Return Bond Fund Class I 3.5 9 MAXIMUS, Inc. 0.2 Webster Financial Corporation 1.3 MassMutual Select Blue Chip Growth Fund Class I 3.7 Oppenheimer Commodity Strategy Total Return Fund Class I 3.2 10 West Pharmaceutical Services, Inc. 0.2 CBRE Group, Inc. Class A 1.3 MassMutual Select Fundamental Growth Fund Class I 3.4 MassMutual Premier International Equity Fund Class I 2.8 4.8 13.9 51.6 57.7

Top 10 MM S&P 500 INDEX FUND ITHW MM SELECT MIDCAP GROWTH EQ II ITIK MM SEL RETIRESMART MODERATE FD ITKB MM SEL RETIRESMART 2025 FD IYFE 1 Apple Inc. 3.5 Fiserv, Inc. 2.0 MassMutual Premier Core Bond Fund Class I 19.3 MassMutual Premier Core Bond Fund Class I 8.4 2 S+P500 EMINI FUT DEC15 XCME 20151218 2.4 Global Payments Inc. 1.7 MassMutual Premier Short-Duration Bond Fund Class I 7.5 MassMutual Select Overseas Fund Class I 7.1 3 Microsoft Corporation 2.0 O'Reilly Automotive, Inc. 1.6 MassMutual Premier Disciplined Value Fund Class I 6.2 MM MSCI EAFE International Index Fund Class I 6.6 4 Exxon Mobil Corporation 1.7 Norwegian Cruise Line Holdings Ltd. 1.4 MassMutual Premier Disciplined Growth Fund Class I 5.9 MassMutual Premier Disciplined Growth Fund Class I 6.1 5 Johnson & Johnson 1.5 CarMax, Inc. 1.4 MassMutual Select Overseas Fund Class I 4.6 MassMutual Premier Disciplined Value Fund Class I 6.1 6 General Electric Company 1.4 IHS Inc. Class A 1.4 MM MSCI EAFE International Index Fund Class I 4.5 MassMutual Premier Inflation-Protected And Income Fund Class I 4.6 7 Berkshire Hathaway Inc. Class B 1.4 Dollar General Corporation 1.3 MassMutual Premier Inflation-Protected And Income Fund Class I 4.2 Oppenheimer Commodity Strategy Total Return Fund Class I 3.6 8 Wells Fargo & Company 1.4 Roper Technologies, Inc. 1.3 Select Total Return Bond Fund Class I 4.1 MassMutual Premier International Equity Fund Class I 3.3 9 JPMorgan Chase & Co. 1.3 Red Hat, Inc. 1.3 Oppenheimer Commodity Strategy Total Return Fund Class I 2.0 MM S&P Mid Cap Index Fund Class I 3.1 10 Facebook, Inc. Class A 1.1 Textron Inc. 1.3 Oppenheimer International Bond Fd Cl I 2.7 MassMutual Premier Short-Duration Bond Fund Class I 2.8 17.7 14.6 61.1 51.7

Top 10 MM S&P MID CAP INDEX FUND IYFV MM SELECT OVERSEAS FUND ITLK MM SELECT BLUE CHIP GROWTH FD ITI0 MM SEL RETIRESMART 2030 FD ITHA 1 S+P MID 400 EMINI DEC15 XCME 20151218 3.3 Nestle S.A. 2.4 Amazon.com, Inc. 6.3 MassMutual Select Overseas Fund Class I 8.0 2 Church & Dwight Co., Inc. 0.7 Bayer AG 2.4 Alphabet Inc. Class C 3.8 MM MSCI EAFE International Index Fund Class I 7.4 3 Alaska Air Group, Inc. 0.6 Honda Motor Co., Ltd. 1.9 Priceline Group Inc 3.5 MassMutual Premier Disciplined Value Fund Class I 6.1 4 Foot Locker, Inc. 0.6 Roche Holding Ltd Genusssch. 1.9 Facebook, Inc. Class A 3.3 MassMutual Premier Disciplined Growth Fund Class I 6.1 5 Jarden Corporation 0.6 Toyota Motor Corp. 1.8 Danaher Corporation 3.1 MassMutual Premier Core Bond Fund Class I 5.2 6 Hologic, Inc. 0.6 WPP Plc 1.7 Visa Inc. Class A 2.9 MassMutual Premier International Equity Fund Class I 3.8 7 Extra Space Storage Inc. 0.6 Danone SA 1.7 MasterCard Incorporated Class A 2.7 Oppenheimer Commodity Strategy Total Return Fund Class I 3.7 8 Federal Realty Investment Trust 0.6 Compass Group PLC 1.7 Alphabet Inc. Class A 2.5 MM S&P Mid Cap Index Fund Class I 3.3 9 HollyFrontier Corporation 0.6 Novartis AG 1.6 Allergan plc 2.3 MassMutual Select Blue Chip Growth Fund Class I 3.1 10 UDR, Inc. 0.6 BNP Paribas SA Class A 1.5 McKesson Corporation 2.3 MassMutual Premier Inflation-Protected And Income Fund Class I 3.1 8.9 18.7 32.6 49.8 Top 10 MM SEL Blackrock Glob Alloc FD ITJZ_T MM SELECT SM CAP GROW EQ FD ITGK MM SELECT DIVERSIFIED INT'L FD ITI7 MM SEL RETIRESMART 2035 FD IYFG 1 BRSFUWGN6 IRS USD R F .99750GLM IRS USD R F .99750 2.5 #N/A 16.5 Toyota Motor Corp. 3.4 MassMutual Select Overseas Fund Class I 8.5 2 MML SEL CAYMAN GLOBAL ALLOC FD 1.7 iShares Russell 2000 ETF 1.0 Mitsubishi UFJ Financial Group, Inc. 3.0 MM MSCI EAFE International Index Fund Class I 7.8 3 UK TSY 1.25 2018 BONDS REGS 07/18 1.25 1.2 Acadia Healthcare Company, Inc. 0.9 Total SA 3.0 MassMutual Premier Disciplined Growth Fund Class I 5.9 4 NOTA DO TESOURO NACIONAL NOTES 01/21 10 1.1 HubSpot, Inc. 0.9 Vodafone Group PLC 2.9 MassMutual Premier Disciplined Value Fund Class I 5.9 5 Procter & Gamble Company 0.9 CoStar Group, Inc. 0.8 Novartis AG 2.3 MassMutual Premier Core Bond Fund Class I 4.3 6 Apple Inc. 1.3 Tyler Technologies, Inc. 0.7 Nippon Telegraph and Telephone Corporation 2.3 MassMutual Premier International Equity Fund Class I 4.0 7 US TREASURY N/B 04/21 2.25 0.9 IMAX Corporation 0.7 BNP Paribas SA Class A 2.2 Oppenheimer Commodity Strategy Total Return Fund Class I 3.7 8 BUNDESREPUB. DEUTSCHLAND BONDS 07/17 4.25 0.9 Graphic Packaging 0.7 AXA SA 2.0 MassMutual Select Blue Chip Growth Fund Class I 3.5 9 Visa Inc. Class A 1.2 MarketAxess Holdings Inc. 0.7 AstraZeneca PLC 2.0 MassMutual Select Diversified Value Fund Class I 3.5 10 Wells Fargo & Company 0.9 Monolithic Power Systems, Inc. 0.6 Roche Holding Ltd Genusssch. 1.9 MM S&P Mid Cap Index Fund Class I 3.5 12.5 23.5 25.0 50.6

Top 10 MM SEL GROWTH OPPORTUNITIES FD ITLC MM SELECT SMALL CAP VALUE EQU IBIC MM SELECT DIVERSIFIED VALUE FD ITG2 MM SEL RETIRESMART 2040 FD ITHB 1 Visa Inc. Class A 7.1 Tempur Sealy International Inc 2.1 Apple Inc. 3.8 MassMutual Select Overseas Fund Class I 8.6 2 Facebook, Inc. Class A 4.6 Haemonetics Corporation 1.8 Microsoft Corporation 3.3 MM MSCI EAFE International Index Fund Class I 8.0 3 Alphabet Inc. Class A 3.8 City National Corporation 1.8 JPMorgan Chase & Co. 3.2 MassMutual Premier Disciplined Value Fund Class I 5.5 4 salesforce.com, inc. 3.4 Texas Capital Bancshares, Inc. 1.7 Wells Fargo & Company 3.0 MassMutual Premier Disciplined Growth Fund Class I 5.5 5 Baidu, Inc. Sponsored ADR Class A 3.3 Primoris Services Corporation 1.7 General Electric Company 2.2 MassMutual Premier Core Bond Fund Class I 4.1 6 Biogen Inc. 2.9 Barnes Group Inc. 1.6 Bank of America Corporation 2.2 MassMutual Premier International Equity Fund Class I 4.0 7 QUALCOMM Incorporated 2.8 Fairchild Semiconductor International, Inc. 1.5 Pfizer Inc. 2.2 MassMutual Select Blue Chip Growth Fund Class I 3.8 8 Celgene Corporation 2.8 Whirlpool Corporation 1.5 iShares Russell 1000 Value ETF 1.9 MassMutual Select Diversified Value Fund Class I 3.8 9 NIKE, Inc. Class B 2.7 Simpson Manufacturing Co., Inc. 1.4 Merck & Co., Inc. 1.9 MassMutual Select Fundamental Growth Fund Class I 3.7 10 Equinix Inc 2.5 II-VI Incorporated 1.3 UnitedHealth Group Incorporated 1.8 Oppenheimer Commodity Strategy Total Return Fund Class I 3.7 36.0 16.3 25.5 50.7

Top 10 MM SEL PIMCO TOTAL RETURN FUND IYFB MM SEL RETIRESMART GROWTH FUND ITKE MM SELECT FOCUSED VALUE FUND ITIC MM SEL RETIRESMART 2045 FD IYFH 1 US TREASURY N/B 08/17 0.625 4.3 MassMutual Select Overseas Fund Class I 8.3 Wells Fargo & Company 7.3 MassMutual Select Overseas Fund Class I 8.9 2 FNMA TBA 30 YR 3 SINGLE FAMILY MORTGAGE 4.0 MM MSCI EAFE International Index Fund Class I 7.9 American International Group, Inc. 7.2 MM MSCI EAFE International Index Fund Class I 8.3 3 US TREASURY N/B 08/20 1.375 4.0 MassMutual Premier Disciplined Value Fund Class I 6.6 Intel Corporation 7.1 MassMutual Premier Disciplined Growth Fund Class I 5.3 4 US TREASURY N/B 09/20 1.375 3.9 MassMutual Premier Disciplined Growth Fund Class I 6.3 General Motors Company 6.4 MassMutual Premier Disciplined Value Fund Class I 5.3 5 US 10YR NOTE (CBT)DEC15 XCBT 20151221 2.7 MassMutual Select Diversified Value Fund Class I 5.6 JPMorgan Chase & Co. 5.7 MassMutual Select Blue Chip Growth Fund Class I 4.3 6 US TREASURY N/B 08/45 2.875 2.3 MassMutual Select Blue Chip Growth Fund Class I 5.3 Microsoft Corporation 5.5 MassMutual Premier International Equity Fund Class I 4.2 7 BCRR TRUST BCRR 2009 1 2A2 144A 2.0 MassMutual Select Fundamental Growth Fund Class I 4.9 Aon plc 5.3 MassMutual Select Diversified Value Fund Class I 4.2 8 GNMA II TBA 30 YR 3.5 JUMBOS 1.9 MassMutual Select Fundamental Value Fund Class I 4.4 BlackRock, Inc. 4.6 MassMutual Select Fundamental Growth Fund Class I 4.1 9 FNMA TBA 30 YR 4 SINGLE FAMILY MORTGAGE 1.7 Oppenheimer Commodity Strategy Total Return Fund Class I 2.8 CBRE Group, Inc. Class A 4.5 MM S&P Mid Cap Index Fund Class I 3.7 10 US TREASURY N/B 08/25 2 1.3 MassMutual Select Growth Opportunities Fund Class I 4.2 Tiffany & Co. 4.2 Oppenheimer Commodity Strategy Total Return Fund Class I 3.6 28.2 56.4 57.9 51.9

Top 10 MM SEL RETIRESMAR CONSERVATIVE ITKA MM SELECT SMALL CO VALUE FD ITKC MM SELECT FUNDAMENTAL GROWTH ITHQ MM SEL RETIRESMART 2050 FD IZDX 1 MassMutual Premier Core Bond Fund Class I 30.1 Inc. 1.5 Apple Inc. 5.7 MassMutual Select Overseas Fund Class I 9.4 2 MassMutual Premier Short-Duration Bond Fund Class I 16.6 Popular, Inc. 1.0 Alphabet Inc. Class C 4.5 MM MSCI EAFE International Index Fund Class I 8.7 3 MassMutual Premier Inflation-Protected And Income Fund Class I 7.1 Great Western Bancorp, Inc. 0.9 Oracle Corporation 3.0 MassMutual Premier Disciplined Value Fund Class I 5.6 4 Select Total Return Bond Fund Class I 6.5 Portland General Electric Company 0.9 Amazon.com, Inc. 2.9 MassMutual Premier Disciplined Growth Fund Class I 5.6 5 MassMutual Select Strategic Bond Fund Class I 4.7 WSFS Financial Corporation 0.9 Microsoft Corporation 2.9 MassMutual Select Blue Chip Growth Fund Class I 4.5 6 Oppenheimer International Bond Fd Cl I 3.8 Atmos Energy Corporation 0.8 Home Depot, Inc. 2.7 MassMutual Select Diversified Value Fund Class I 4.4 7 MassMutual Premier Disciplined Value Fund Class I 3.6 Synovus Financial Corp. 0.8 Facebook, Inc. Class A 2.6 MassMutual Premier International Equity Fund Class I 4.4 8 MassMutual Premier Disciplined Growth Fund Class I 3.4 CNO Financial Group, Inc. 0.8 Gilead Sciences, Inc. 2.2 MassMutual Select Fundamental Growth Fund Class I 4.4 9 MassMutual Select Overseas Fund Class I 2.1 Hilltop Holdings Inc. 0.8 Visa Inc. Class A 2.0 MM S&P Mid Cap Index Fund Class I 3.9 10 MM MSCI EAFE International Index Fund Class I 2.0 Pinnacle West Capital Corporation 0.8 Corporation Class A 1.8 MassMutual Select Fundamental Value Fund Class I 3.8 79.9 9.3 30.2 54.6 Top 10 MM SEL RETIRESMART 2010 FD ITG8 MM SELECT STRATEGIC BOND FD ITHM MM SELECT FUNDAMENTAL VAL FD ITI1 1 MassMutual Premier Core Bond Fund Class I 22.7 US 5YR NOTE (CBT) DEC15 XCBT 20151231 26.3 Wells Fargo & Company 4.2 2 MassMutual Premier Inflation-Protected And Income Fund Class I 10.8 US ULTRA BOND CBT DEC15 XCBT 20151221 9.7 JPMorgan Chase & Co. 3.9 3 MassMutual Premier Short-Duration Bond Fund Class I 7.4 US TREASURY N/B 05/45 3 6.4 Cisco Systems, Inc. 3.3 4 Select Total Return Bond Fund Class I 5.7 BWS014209 IRS USD R V 03MLIBOR 1 CCPVANILLA 4.9 Merck & Co., Inc. 2.5 5 MassMutual Premier Disciplined Growth Fund Class I 4.4 FNMA TBA 15 YR 3 SINGLE FAMILY MORTGAGE 3.0 Citigroup Inc. 2.5 6 MassMutual Premier Disciplined Value Fund Class I 4.4 FNMA TBA 30 YR 4 SINGLE FAMILY MORTGAGE 2.7 Microsoft Corporation 2.5 7 MassMutual Select Overseas Fund Class I 4.0 FNMA TBA 30 YR 3.5 SINGLE FAMILY MORTGAGE 2.7 PNC Financial Services Group, Inc. 2.3 8 MassMutual Select Strategic Bond Fund Class I 3.9 EURO-BOBL FUTURE DEC15 XEUR 20151208 2.6 Intel Corporation 2.1 9 MM MSCI EAFE International Index Fund Class I 3.7 BUONI POLIENNALI DEL TES BONDS 09/24 3.75 2.1 General Electric Company 1.9 10 Oppenheimer Commodity Strategy Total Return Fund Class I 2.7 US TREASURY N/B 05/44 3.375 2.1 Chevron Corporation 1.7 69.7 62.5 26.8