MassMutual International Equity Fund Administrative Class (MIELX)
| Fund Assets | 59.81M |
| Expense Ratio | 1.35% |
| Min. Investment | $1,000 |
| Turnover | 25.00% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 4.46% |
| Dividend Growth | 57.75% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 8.93 |
| YTD Return | 16.58% |
| 1-Year Return | 13.48% |
| 5-Year Return | 34.67% |
| 52-Week Low | 7.54 |
| 52-Week High | 9.28 |
| Beta (5Y) | n/a |
| Holdings | 135 |
| Inception Date | May 3, 1999 |
About MIELX
MassMutual International Equity Fund Admiral Shares is a mutual fund focused on achieving long-term capital appreciation by investing primarily in the common stock of companies based outside the United States. The fund targets a diversified portfolio of global equities, with holdings spanning key sectors such as basic materials, technology, consumer defensive, healthcare, industrials, and financial services. Its strategy involves allocating assets across major international markets, aiming to capture growth opportunities beyond domestic borders. The fund’s portfolio is relatively concentrated, with about a quarter of assets in its top ten holdings, which include multinational firms like Linde PLC, Capgemini SE, and Nestle SA. Classified as a foreign large blend, the fund balances value and growth stocks of large international companies, catering to investors seeking diversification through global equity exposure. With a moderate portfolio turnover and a history dating back nearly 26 years, MassMutual International Equity Fund Admiral Shares plays a significant role in offering access to international markets for U.S.-based investors.
Performance
MIELX had a total return of 13.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.80%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FTAEX | Fidelity | Fidelity Advisor Total International Equity Fund - Class A | 1.20% |
| FTEIX | Fidelity | Fidelity Advisor Total International Equity Fund - Class I | 0.95% |
| FTCEX | Fidelity | Fidelity Advisor Total International Equity Fund - Class C | 1.95% |
| FTIEX | Fidelity | Fidelity Total International Equity Fund | 0.95% |
| FIEZX | Fidelity | Fidelity Advisor Total International Equity Fund - Class Z | 0.80% |
Top 10 Holdings
28.10% of assets| Name | Symbol | Weight |
|---|---|---|
| Repurchase Agreement - FIXED INC CLEARING CORP.REPO | n/a | 5.83% |
| INTACT FINANCIAL CORP - COMMON STOCK | IFC | 2.93% |
| Linde plc | LIN | 2.73% |
| Rogers Corporation | ROG | 2.48% |
| Merck & Co., Inc. | MRK | 2.43% |
| CHOCOLADEFABRIKEN LINDT PC - COMMON STOCK CHF10.0 | LISP | 2.40% |
| CAPGEMINI SE - COMMON STOCK EUR8.0 | CAP | 2.36% |
| SYMRISE AG - COMMON STOCK | SY1 | 2.35% |
| Core Natural Resources, Inc. | CNR | 2.31% |
| EXPERIAN PLC - COMMON STOCK USD.1 | EXPN | 2.28% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $0.40137 | Dec 13, 2024 |
| Dec 12, 2023 | $0.25443 | Dec 13, 2023 |
| Dec 13, 2022 | $0.07448 | Dec 14, 2022 |
| Dec 15, 2021 | $1.19535 | Dec 16, 2021 |
| Dec 14, 2020 | $4.94133 | Dec 15, 2020 |
| Dec 13, 2019 | $0.45629 | Dec 16, 2019 |