MassMutual Select TRP Retirement 2040 M3 (MMFRX)
| Fund Assets | 185.27M |
| Expense Ratio | 1.10% |
| Min. Investment | $0.00 |
| Turnover | 34.00% |
| Dividend (ttm) | 16.84 |
| Dividend Yield | 98.77% |
| Dividend Growth | n/a |
| Payout Frequency | Annual |
| Ex-Dividend Date | Sep 10, 2025 |
| Previous Close | 2.25 |
| YTD Return | 10.29% |
| 1-Year Return | 8.81% |
| 5-Year Return | 34.59% |
| 52-Week Low | 2.25 |
| 52-Week High | 18.12 |
| Beta (5Y) | 0.88 |
| Holdings | 12 |
| Inception Date | Feb 16, 2018 |
About MMFRX
MassMutual Select T. Rowe Price Retirement 2040 Fund Class M3 is a target-date mutual fund designed with retirement savers in mind, focusing on individuals planning to retire around the year 2040. The fund's primary function is to balance long-term capital growth with income, adjusting its allocation of assets over time to match the investment needs and risk profile suitable for a retirement timeline. Managed by T. Rowe Price as subadvisor, it employs a diversified mix of underlying stock and bond funds, including substantial portions in large-cap U.S. equities, international equities, small and mid-cap stocks, bonds, and real assets. This blend aims to capture growth potential in the early years and shift toward more conservative investments as the target retirement year approaches. The fund is part of the Allocation global asset class and plays a significant role in retirement planning for employer-sponsored retirement plans and institutional accounts, offering investors a hands-off, age-appropriate investment strategy as they advance toward retirement.
Performance
MMFRX had a total return of 8.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.16%.
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 |
|---|---|---|
| Sep 10, 2025 | $14.94529 | Sep 11, 2025 |
| Dec 18, 2024 | $1.89429 | Dec 19, 2024 |
| Dec 18, 2023 | $1.18716 | Dec 19, 2023 |
| Dec 19, 2022 | $2.13512 | Dec 20, 2022 |
| Dec 21, 2021 | $1.58559 | Dec 22, 2021 |
| Dec 18, 2020 | $0.36877 | Dec 21, 2020 |