MassMutual Select TRP Retirement 2040 I (MMFOX)
| Fund Assets | 243.58M |
| Expense Ratio | 0.43% |
| Min. Investment | $0.00 |
| Turnover | 34.00% |
| Dividend (ttm) | 1.99 |
| Dividend Yield | 11.66% |
| Dividend Growth | 52.36% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 17.08 |
| YTD Return | 10.77% |
| 1-Year Return | 10.39% |
| 5-Year Return | 57.17% |
| 52-Week Low | 13.91 |
| 52-Week High | 18.17 |
| Beta (5Y) | n/a |
| Holdings | 12 |
| Inception Date | Feb 16, 2018 |
About MMFOX
MassMutual Select T. Rowe Price Retirement 2040 Fund I is a target-date mutual fund designed for investors planning to retire around 2040. Its primary purpose is to offer a diversified, professionally managed portfolio that gradually shifts from growth-oriented assets to more income- and capital‑preservation assets as the target date approaches. The fund implements an equity‑heavy glide path in earlier years, then reduces equity exposure over time, continuing to adjust for decades past retirement to balance longevity and market risks. It invests primarily in a mix of underlying MassMutual Select and T. Rowe Price funds spanning U.S. large-cap, small- and mid-cap, international equities, core and high yield bonds, real assets, and Treasury exposures, leveraging T. Rowe Price’s multi-asset research and oversight. Positioned within the Target-Date 2040 category, it serves as a single‑fund solution for retirement savers seeking a dynamic allocation across global equities and diversified fixed income with periodic rebalancing and risk management aligned to an expected retirement horizon.
Performance
MMFOX had a total return of 10.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.11%.
Top 10 Holdings
99.37% of assets| Name | Symbol | Weight |
|---|---|---|
| MassMutual Select Funds - MassMutual Select T. Rowe Price Large Cap Blend Fund | MMLRX | 44.89% |
| MassMutual Select Funds - MassMutual Select T. Rowe Price International Equity Fund | MMIUX | 25.82% |
| MassMutual Select TRP Sm&Mid Cap Blend I | MMBUX | 10.48% |
| MassMutual Select TRP Bond Asset I | MMBEX | 5.89% |
| MassMutual Select Funds - MassMutual Select - Real Assets Fund | MMRFX | 5.68% |
| T. Rowe Price U.S. Treasury Funds, Inc. - T. Rowe Price U.S. Treasury Money Fund | TRGXX | 2.93% |
| T. Rowe Price US Trs Long-Term Idx I | PRUUX | 1.74% |
| T. Rowe Price Dynamic Global Bond I | RPEIX | 0.92% |
| T. Rowe Price Emerging Markets Bond I | PRXIX | 0.53% |
| T. Rowe Price Instl High Yield | TRHYX | 0.51% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $1.9912 | Dec 19, 2024 |
| Dec 18, 2023 | $1.30688 | Dec 19, 2023 |
| Dec 19, 2022 | $2.26315 | Dec 20, 2022 |
| Dec 21, 2021 | $1.7407 | Dec 22, 2021 |
| Dec 18, 2020 | $0.49719 | Dec 21, 2020 |
| Dec 20, 2019 | $0.4409 | Dec 23, 2019 |