MassMutual Select TRP Retirement 2040 M4 (MMFQX)
| Fund Assets | 272.31M |
| Expense Ratio | 0.85% |
| Min. Investment | $0.00 |
| Turnover | 34.00% |
| Dividend (ttm) | 1.92 |
| Dividend Yield | 11.48% |
| Dividend Growth | 54.84% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 16.74 |
| YTD Return | 7.90% |
| 1-Year Return | 7.69% |
| 5-Year Return | 60.01% |
| 52-Week Low | 13.92 |
| 52-Week High | 18.14 |
| Beta (5Y) | n/a |
| Holdings | 12 |
| Inception Date | Feb 16, 2018 |
About MMFQX
The MassMutual Select T. Rowe Price Retirement 2040 Fund Class M4 is a target-date mutual fund designed for investors planning to retire around the year 2040. Its principal function is to provide long-term capital growth and income by diversifying across a mix of equity and fixed income investments, adjusting its asset allocation as the target retirement date approaches. The fund operates as a "fund of funds," primarily investing in other MassMutual and T. Rowe Price series, giving investors exposure to large-cap U.S. equities, international stocks, small- and mid-cap equities, as well as bonds and real assets. Managed by a veteran team at T. Rowe Price, the fund utilizes a forward-thinking, research-driven approach to portfolio construction. As retirement nears, its glide path gradually reduces equity exposure, seeking to balance growth and risk according to an investor’s evolving needs. The fund holds a significant percentage of assets in its top holdings, reflecting a concentrated yet diversified investment approach. Suitable for retirement accounts and long-term growth objectives, it plays a key role in helping individuals pursue retirement readiness through professionally managed and automatically adjusted asset allocation strategies.
Performance
MMFQX had a total return of 7.69% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.51%.
Top 10 Holdings
99.84% of assets| Name | Symbol | Weight |
|---|---|---|
| MassMutual Select T. Rowe Price Large Cap Blend Fund | MMLRX | 45.54% |
| MassMutual Select T. Rowe Price International Equity Fund Class I | MMIUX | 26.10% |
| MassMutual Select T. Rowe Price Small and Mid Cap Blend Fund | MMBUX | 10.81% |
| MassMutual Select T. Rowe Price Bond Asset Fund Class I | MMBEX | 6.15% |
| MassMutual Select T. Rowe Price Real Assets Fund Class I | MMRFX | 5.86% |
| T. Rowe Price U.S. Treasury Long-Term Index Fund I Class | PRUUX | 2.06% |
| T. Rowe Price U.S. Treasury Funds, Inc. - T. Rowe Price U.S. Treasury Money Fund | TRGXX | 1.31% |
| T. Rowe Price Dynamic Global Bond Fund I Class | RPEIX | 0.93% |
| T. Rowe Price Emerging Markets Bond Fund I Class | PRXIX | 0.56% |
| T. Rowe Price Institutional High Yield Fund | TRHYX | 0.53% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $1.92093 | Dec 19, 2024 |
| Dec 18, 2023 | $1.24059 | Dec 19, 2023 |
| Dec 19, 2022 | $2.14722 | Dec 20, 2022 |
| Dec 21, 2021 | $1.62775 | Dec 22, 2021 |
| Dec 18, 2020 | $0.44097 | Dec 21, 2020 |
| Dec 20, 2019 | $0.38312 | Dec 23, 2019 |