MassMutual Select TRP Retirement 2055 M5 (MMDKX)
| Fund Assets | 101.16M |
| Expense Ratio | 0.64% |
| Min. Investment | $0.00 |
| Turnover | 41.00% |
| Dividend (ttm) | 1.69 |
| Dividend Yield | 9.21% |
| Dividend Growth | 22.17% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 18.23 |
| YTD Return | 7.30% |
| 1-Year Return | 10.26% |
| 5-Year Return | 55.18% |
| 52-Week Low | 15.10 |
| 52-Week High | 19.56 |
| Beta (5Y) | n/a |
| Holdings | 9 |
| Inception Date | Feb 16, 2018 |
About MMDKX
The MassMutual Select T. Rowe Price Retirement 2055 Fund Class M5 is a target-date mutual fund crafted for individuals aiming to retire around the year 2055. This fund primarily seeks the highest total return over time by balancing capital growth and income, making it suitable for long-term retirement savers. Structured as a fund of funds, it invests in a diversified portfolio of underlying T. Rowe Price mutual funds, providing broad exposure across various asset classes such as equities and fixed income instruments. The fund’s asset allocation follows a glide path, which maintains a higher proportion of equities in its early years to maximize growth potential before gradually shifting toward fixed income and more conservative investments as the retirement date approaches. This structure helps manage risk while aligning with the evolving investment horizon and risk tolerance of investors nearing retirement. MassMutual Select T. Rowe Price Retirement 2055 Fund Class M5 plays a key role in retirement planning, particularly for participants in employer-sponsored plans and institutional retirement accounts, offering a professionally managed, hands-off asset allocation solution throughout the accumulation and drawdown phases of retirement.
Performance
MMDKX had a total return of 10.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.58%.
Top 10 Holdings
100.05% of assets| Name | Symbol | Weight |
|---|---|---|
| MassMutual Select T. Rowe Price Large Cap Blend Fund | MMLRX | 51.04% |
| MassMutual Select T. Rowe Price International Equity Fund Class I | MMIUX | 29.11% |
| MassMutual Select T. Rowe Price Small and Mid Cap Blend Fund | MMBUX | 12.16% |
| MassMutual Select T. Rowe Price Real Assets Fund Class I | MMRFX | 6.51% |
| MassMutual Select T. Rowe Price Bond Asset Fund Class I | MMBEX | 0.69% |
| T. Rowe Price U.S. Treasury Long-Term Index Fund I Class | PRUUX | 0.29% |
| T. Rowe Price U.S. Treasury Funds, Inc. - T. Rowe Price U.S. Treasury Money Fund | TRGXX | 0.16% |
| T. Rowe Price Limited Duration Inflation Focused Bond Fund I Class | TRLDX | 0.04% |
| T. Rowe Price Dynamic Global Bond Fund I Class | RPEIX | 0.04% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $1.69051 | Dec 19, 2024 |
| Dec 18, 2023 | $1.38373 | Dec 19, 2023 |
| Dec 19, 2022 | $1.72619 | Dec 20, 2022 |
| Dec 21, 2021 | $1.59274 | Dec 22, 2021 |
| Dec 18, 2020 | $0.49746 | Dec 21, 2020 |
| Dec 20, 2019 | $0.39642 | Dec 23, 2019 |