About MEFNX
MassMutual Select Mid Cap Growth Fund Class R3 is an actively managed mutual fund designed to seek long-term capital appreciation by investing primarily in the equity securities of U.S. mid-cap companies. Its investment focus is on firms within the mid-capitalization range, typically defined as the middle 20% of the U.S. equity market, and generally aligns with the constituents of the S&P MidCap 400 Index. The fund targets companies projected to deliver above-average growth in earnings, sales, book value, and cash flow, often commanding higher valuations relative to other mid-cap stocks. It employs a growth-oriented strategy, favoring businesses in sectors such as technology, industrials, health care, and retail trade, with technology representing a significant portfolio allocation. Since its inception in 2002, the fund has played a notable role in providing investors access to the growth potential of midsize U.S. companies, serving as a dynamic component within diversified investment portfolios and retirement plans. By focusing on enterprises poised for expansion, it aims to capture value generation during the transition from small to large-cap status, contributing to the broader mid-cap segment’s significance in the equity markets.
Fund Family MassMutual
Category Mid-Cap Growth
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol MEFNX
Share Class Class R3
Index Russell MidCap Growth TR
MEFNX had a total return of 7.50% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.87%.
