MM S&P 500 Index I (MMIZX)
| Fund Assets | 2.27B |
| Expense Ratio | 0.14% |
| Min. Investment | $0.00 |
| Turnover | 4.00% |
| Dividend (ttm) | 2.52 |
| Dividend Yield | 17.34% |
| Dividend Growth | -46.12% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 15, 2025 |
| Previous Close | 14.64 |
| YTD Return | n/a |
| 1-Year Return | 17.63% |
| 5-Year Return | 94.31% |
| 52-Week Low | 10.50 |
| 52-Week High | 14.71 |
| Beta (5Y) | n/a |
| Holdings | 506 |
| Inception Date | Dec 7, 2011 |
About MMIZX
MM S&P 500® Index Fund Class I is an institutional mutual fund designed to replicate the performance of the S&P 500 Index by investing in the equity securities of the index's constituent companies in proportion to their weightings. This fund aims to provide investors with broad exposure to the large-cap U.S. equity market, encompassing prominent sectors such as technology, consumer discretionary, healthcare, communication services, and financials. Its portfolio typically includes leading companies like Microsoft, Apple, NVIDIA, Amazon, and Alphabet, reflecting a diversified allocation within the large blend investment style. With a notably low expense ratio of 0.14%, the fund offers a cost-efficient way for investors to track the S&P 500's returns, which over various time horizons have closely matched the index’s own performance. This fund plays a significant role in passive investment strategies by providing a benchmark-based investment vehicle that supports diversification and market-level returns through an index-tracking approach.
Performance
MMIZX had a total return of 17.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 26.42%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
38.85% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 7.97% |
| Microsoft Corporation | MSFT | 6.74% |
| Apple Inc. | AAPL | 6.62% |
| Amazon.com, Inc. | AMZN | 3.73% |
| Meta Platforms, Inc. | META | 2.79% |
| Broadcom Inc. | AVGO | 2.72% |
| Alphabet, Inc. | GOOGL | 2.48% |
| Tesla, Inc. | TSLA | 2.19% |
| Alphabet Inc. | GOOG | 1.99% |
| Berkshire Hathaway Inc. | BRK.B | 1.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 15, 2025 | $2.51943 | Dec 16, 2025 |
| Dec 13, 2024 | $4.67612 | Dec 16, 2024 |
| Dec 13, 2023 | $1.11527 | Dec 14, 2023 |
| Dec 14, 2022 | $4.29142 | Dec 15, 2022 |
| Dec 16, 2021 | $2.81974 | Dec 17, 2021 |
| Dec 14, 2020 | $3.04041 | Dec 15, 2020 |