MassMutual Select Funds - MassMutual Select Retirement Balanced 2045 Fund (MMFWX)
| Fund Assets | 137.09M |
| Expense Ratio | 0.87% |
| Min. Investment | $0.00 |
| Turnover | 36.00% |
| Dividend (ttm) | 1.51 |
| Dividend Yield | 8.19% |
| Dividend Growth | 9.27% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Sep 10, 2025 |
| Previous Close | 18.61 |
| YTD Return | 11.13% |
| 1-Year Return | 12.65% |
| 5-Year Return | 45.64% |
| 52-Week Low | 4.47 |
| 52-Week High | 18.97 |
| Beta (5Y) | n/a |
| Holdings | 9 |
| Inception Date | Feb 16, 2018 |
About MMFWX
MassMutual Select T. Rowe Price Retirement 2045 Fund Class M4 is a target-date mutual fund designed for investors planning to retire around 2045. Its primary objective is to deliver the highest total return over time with an emphasis on both capital growth and income, implemented through a fund‑of‑funds structure that allocates across underlying MassMutual and T. Rowe Price strategies. The portfolio follows a glide path that starts equity‑heavy and gradually shifts toward fixed income as 2045 approaches, aiming to balance long-term growth needs with increasing risk management closer to retirement. Subadvised by T. Rowe Price, the series leverages a collaborative, research-driven investment process and diversified exposure spanning U.S. large-cap, small/mid-cap, international equities, real assets, and core and inflation‑sensitive bonds, with modest cash for liquidity. The fund is typically distributed through financial intermediaries for retirement plans and institutional channels, aligning its design with workplace savings needs and lifecycle investing frameworks. This structure positions the fund as a comprehensive, professionally managed option for accumulating and preserving retirement capital over multiple market cycles.
Performance
MMFWX had a total return of 12.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.30%.
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 TRP Sm&Mid Cap Blend I | 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 TRP Bond Asset I | 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 |
|---|---|---|
| Dec 18, 2024 | $1.5131 | Dec 19, 2024 |
| Dec 18, 2023 | $1.38476 | Dec 19, 2023 |
| Dec 19, 2022 | $1.86322 | Dec 20, 2022 |
| Dec 21, 2021 | $1.6718 | Dec 22, 2021 |
| Dec 18, 2020 | $0.42613 | Dec 21, 2020 |
| Dec 20, 2019 | $0.35793 | Dec 23, 2019 |