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.
Category Target-Date 2050
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol MMDDX
Share Class Class I
Index S&P Target Date 2050 TR
MMDDX had a total return of -5.49% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.23%.
