MassMutual Diversified Value Fund Class I (MDDIX)
| Fund Assets | 325.88M |
| Expense Ratio | 0.61% |
| Min. Investment | $0.00 |
| Turnover | 46.00% |
| Dividend (ttm) | 3.91 |
| Dividend Yield | 38.22% |
| Dividend Growth | 555.39% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 13, 2024 |
| Previous Close | 10.24 |
| YTD Return | 6.73% |
| 1-Year Return | 16.53% |
| 5-Year Return | 102.23% |
| 52-Week Low | 8.79 |
| 52-Week High | 13.43 |
| Beta (5Y) | n/a |
| Holdings | 224 |
| Inception Date | Apr 1, 2014 |
About MDDIX
The MassMutual Diversified Value Fund Class I is a mutual fund designed to pursue long-term growth of capital and income. Positioned within the large value category, this fund primarily invests in a diversified portfolio of equity securities issued by larger, well-established U.S. companies. Its value-oriented strategy focuses on companies that are considered undervalued relative to their intrinsic worth, often identified by low price ratios and higher dividend yields, as well as more modest growth rates in earnings, sales, and cash flow. The multi-manager approach aims to capture a broad set of opportunities across different sectors, providing both diversification and risk mitigation. With a competitive net expense ratio and no front or back load fees, the fund appeals to investors seeking exposure to stable, blue-chip companies at attractive valuations. The MassMutual Diversified Value Fund Class I plays a significant role in the market by offering a disciplined value-investing option for those looking to participate in the growth and income potential of large-cap U.S. equities while maintaining a focus on relative valuation and dividend income.
Performance
MDDIX had a total return of 16.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.15%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VWNFX | Vanguard | Vanguard Windsor™ II Fund Investor Share | 0.32% |
Top 10 Holdings
30.69% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Chase & Co. | JPM | 4.89% |
| UnitedHealth Group Incorporated | UNH | 4.82% |
| Johnson & Johnson | JNJ | 4.02% |
| AbbVie Inc. | ABBV | 3.57% |
| Bank of America Corporation | BAC | 2.67% |
| Chevron Corporation | CVX | 2.40% |
| Cisco Systems, Inc. | CSCO | 2.32% |
| Wells Fargo & Company | WFC | 2.07% |
| iShares Russell 1000 Value ETF | IWD | 2.00% |
| AT&T Inc. | T | 1.93% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.91283 | Dec 16, 2024 |
| Sep 18, 2024 | $3.00129 | Sep 19, 2024 |
| Dec 13, 2023 | $0.59722 | Dec 14, 2023 |
| Dec 14, 2022 | $1.49247 | Dec 15, 2022 |
| Dec 16, 2021 | $1.70503 | Dec 17, 2021 |
| Dec 14, 2020 | $0.24318 | Dec 15, 2020 |