Massmutual Select Funds - Massmutual Select T. Rowe Price Retirement 2045 Fund (MMFTX)
| Fund Assets | 137.09M |
| Expense Ratio | 0.44% |
| Min. Investment | $0.00 |
| Turnover | 36.00% |
| Dividend (ttm) | 15.76 |
| Dividend Yield | 85.82% |
| Dividend Growth | n/a |
| Payout Frequency | Annual |
| Ex-Dividend Date | Sep 10, 2025 |
| Previous Close | 18.47 |
| YTD Return | 375.69% |
| 1-Year Return | 367.30% |
| 5-Year Return | 587.87% |
| 52-Week Low | 3.45 |
| 52-Week High | 18.36 |
| Beta (5Y) | n/a |
| Holdings | 9 |
| Inception Date | Feb 16, 2018 |
About MMFTX
MassMutual Select T. Rowe Price Retirement 2045 Fund I is a target-date mutual fund designed for investors planning to retire around 2045. It pursues the highest total return over time with a balanced emphasis on capital growth and income, implementing a “fund of funds” structure that allocates across underlying equity and fixed income strategies managed by T. Rowe Price and affiliated MassMutual Select portfolios. The glide path maintains a higher allocation to equities in early years and gradually shifts toward fixed income as the target date approaches, aiming to reduce risk through retirement. Core exposures span large-cap U.S. equities, international equities, small- and mid-cap stocks, real assets, and diversified bond holdings, reflecting broad, multi-asset diversification. The fund’s institutional share class features an expense ratio cited by Morningstar and is positioned within the Target-Date 2045 category. As part of MassMutual’s retirement lineup, it is typically distributed through retirement plans and financial intermediaries, serving as a single-fund solution that automatically adjusts asset allocation over time to support long-term retirement objectives.
Performance
MMFTX had a total return of 367.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 69.66%.
Top 10 Holdings
100.02% of assets| Name | Symbol | Weight |
|---|---|---|
| MassMutual Select Funds - MassMutual Select T. Rowe Price Large Cap Blend Fund | MMLRX | 49.08% |
| MassMutual Select Funds - MassMutual Select T. Rowe Price International Equity Fund | MMIUX | 28.05% |
| MassMutual Select Funds - MassMutual Select T. Rowe Price Small and Mid Cap Blend Fund | MMBUX | 11.39% |
| MassMutual Select Funds - MassMutual Select - Real Assets Fund | MMRFX | 6.20% |
| T. Rowe Price U.S. Treasury Funds, Inc. - T. Rowe Price U.S. Treasury Money Fund | TRGXX | 2.45% |
| MassMutual Select Funds - MassMutual Select T. Rowe Price Bond Asset Fund | MMBEX | 1.47% |
| T. Rowe Price US Trs Long-Term Idx I | PRUUX | 0.68% |
| T. Rowe Price Ltd Dur Infl Focus Bd I | TRLDX | 0.47% |
| T. Rowe Price Dynamic Global Bond I | RPEIX | 0.23% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 10, 2025 | $14.16967 | Sep 11, 2025 |
| Dec 18, 2024 | $1.58866 | Dec 19, 2024 |
| Dec 18, 2023 | $1.45798 | Dec 19, 2023 |
| Dec 19, 2022 | $2.01402 | Dec 20, 2022 |
| Dec 21, 2021 | $1.7443 | Dec 22, 2021 |
| Dec 18, 2020 | $0.48344 | Dec 21, 2020 |