We report the discovery of a cold Super-Earth planet (mp=4.4±0.5 M⊕) orbiting a low-mass (M=0.23±0.03) M⊙ dwarf at projected separation a⊥=1.18±0.10 a.u., i.e., about 1.9 times the distance the snow line. The system is quite nearby for a microlensing planet, DL=0.86±0.09 kpc. Indeed, it was the large lens-source relative parallax πrel=1.0 mas (combined with the low mass M) that gave rise to the large, and thus well-measured, "microlens parallax" πE∝(πrel/M)1/2 that enabled these precise measurements. OGLE-2017-BLG-1434Lb is the eighth microlensing planet with planet-host mass ratio q-4.
We apply a new planet-detection sensitivity method, which is a variant of "V/Vmax", to seven of these eight planets to derive the mass-ratio function in this regime. We find dN/d lnq ∝ qp, with p=1.05+0.78-0.68, which confirms the "turnover" in the mass function found by Suzuki et al. relative to the power law of opposite sign n=-0.93±0.13 at higher mass ratios q≳2×10-4. We combine our result with that of Suzuki et al. to obtain p=0.73+0.42-0.34