MassMutual Select TRP Retirement 2050 M5 (MMDFX)
| Fund Assets | 126.62M |
| Expense Ratio | 0.63% |
| Min. Investment | $0.00 |
| Turnover | 33.00% |
| Dividend (ttm) | 2.05 |
| Dividend Yield | 11.32% |
| Dividend Growth | 52.65% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 18.34 |
| YTD Return | 11.53% |
| 1-Year Return | 11.73% |
| 5-Year Return | 65.51% |
| 52-Week Low | 14.44 |
| 52-Week High | 19.12 |
| Beta (5Y) | 0.91 |
| Holdings | 9 |
| Inception Date | Feb 16, 2018 |
About MMDFX
MassMutual Select T. Rowe Price Retirement 2050 Fund Class M5 is a target-date mutual fund designed for investors planning to retire around 2050. Its primary objective is to deliver the highest total return over time with an emphasis on both capital growth and income. The fund operates as a fund of funds, allocating across underlying MassMutual Select and T. Rowe Price strategies spanning U.S. large-cap, small- and mid-cap, international equities, real assets, and a smaller sleeve of fixed income and cash, reflecting a long-dated horizon with an equity-heavy profile that gradually becomes more conservative over time. Notable underlying allocations include large-cap blend, international equity, and small/mid-cap blend exposures, complemented by real assets and core bond components for diversification. This structure aims to simplify lifecycle investing by providing a professionally managed, automatically adjusted portfolio aligned with a 2050 retirement timeframe. The fund’s role in the market is to offer a turnkey retirement solution that integrates T. Rowe Price’s multi-asset research and glide path design within the MassMutual Select platform, serving workplace plans and individual savers seeking a diversified, age-appropriate allocation.
Performance
MMDFX had a total return of 11.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.52%.
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 | $2.04857 | Dec 19, 2024 |
| Dec 18, 2023 | $1.34203 | Dec 19, 2023 |
| Dec 19, 2022 | $2.13266 | Dec 20, 2022 |
| Dec 21, 2021 | $1.55494 | Dec 22, 2021 |
| Dec 18, 2020 | $0.47973 | Dec 21, 2020 |
| Dec 20, 2019 | $0.38037 | Dec 23, 2019 |