MassMutual Select TRP Retirement 2050 I (MMDDX)
| Fund Assets | 126.62M |
| Expense Ratio | 0.45% |
| Min. Investment | $0.00 |
| Turnover | 33.00% |
| Dividend (ttm) | 2.09 |
| Dividend Yield | 11.54% |
| Dividend Growth | 52.94% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 18.34 |
| YTD Return | 11.61% |
| 1-Year Return | 11.80% |
| 5-Year Return | 46.83% |
| 52-Week Low | 14.43 |
| 52-Week High | 19.14 |
| Beta (5Y) | n/a |
| Holdings | 9 |
| Inception Date | Feb 16, 2018 |
About MMDDX
The MassMutual Select T. Rowe Price Retirement 2050 Fund Class I is a target-date mutual fund designed for individuals planning to retire around the year 2050. Its primary function is to help investors accumulate and manage retirement savings through a professionally managed portfolio that automatically adjusts its asset allocation over time. Early in the investment horizon, the fund emphasizes capital appreciation by investing heavily in equities, including large-cap, small- and mid-cap, and international stocks. As the target date approaches, the allocation gradually shifts toward more conservative assets such as bonds and cash equivalents to manage risk and provide income. This fund is managed by T. Rowe Price, utilizing a forward-thinking, research-driven approach and a team of experienced professionals. It features a diversified mix, with a significant portion allocated to large-cap blends, complemented by exposure to international equities, real assets, and various fixed income securities. The MassMutual Select T. Rowe Price Retirement 2050 Fund Class I plays a crucial role in retirement planning, offering a one-stop solution for investors seeking a managed, age-appropriate investment strategy that evolves as their retirement date nears.
Performance
MMDDX had a total return of 11.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.56%.
Top 10 Holdings
100.03% of assets| Name | Symbol | Weight |
|---|---|---|
| MassMutual Select Funds - MassMutual Select T. Rowe Price Large Cap Blend Fund | MMLRX | 50.13% |
| MassMutual Select Funds - MassMutual Select T. Rowe Price International Equity Fund | MMIUX | 28.63% |
| MassMutual Select TRP Sm&Mid Cap Blend I | MMBUX | 11.60% |
| MassMutual Select Funds - MassMutual Select - Real Assets Fund | MMRFX | 6.30% |
| T. Rowe Price U.S. Treasury Funds, Inc. - T. Rowe Price U.S. Treasury Money Fund | TRGXX | 2.35% |
| MassMutual Select TRP Bond Asset I | MMBEX | 0.64% |
| T. Rowe Price US Trs Long-Term Idx I | PRUUX | 0.29% |
| T. Rowe Price Dynamic Global Bond I | RPEIX | 0.09% |
| T. Rowe Price Ltd Dur Infl Focus Bd I | TRLDX | 0.01% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $2.08677 | Dec 19, 2024 |
| Dec 18, 2023 | $1.36442 | Dec 19, 2023 |
| Dec 19, 2022 | $2.19131 | Dec 20, 2022 |
| Dec 21, 2021 | $1.58914 | Dec 22, 2021 |
| Dec 18, 2020 | $0.50602 | Dec 21, 2020 |
| Dec 20, 2019 | $0.40135 | Dec 23, 2019 |