MassMutual Select Funds - MassMutual RetireSMART by JPMorgan 2025 Fund (MMNTX)
| Fund Assets | 283.25M |
| Expense Ratio | 0.57% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.45 |
| Dividend Yield | 4.15% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Jan 14, 2025 |
| Previous Close | 10.89 |
| YTD Return | 0.78% |
| 1-Year Return | 7.04% |
| 5-Year Return | 37.64% |
| 52-Week Low | 10.56 |
| 52-Week High | 11.68 |
| Beta (5Y) | n/a |
| Holdings | 24 |
| Inception Date | Apr 1, 2014 |
About MMNTX
The MassMutual RetireSMART by JPMorgan 2025 Fund Class R5 is a target-date mutual fund designed to help investors prepare for retirement around the year 2025. As a fund of funds, it allocates its assets among a mix of domestic and international mutual funds managed by MassMutual or its affiliates. The fund’s asset allocation strategy systematically adjusts over time, reducing exposure to equities and increasing emphasis on fixed income and income-generating assets as the target retirement year approaches. This dynamic process aims to balance capital appreciation in the earlier stages and growing income needs as retirement nears. The fund covers a diverse range of sectors and geographies, providing broad diversification to manage risk and address the evolving financial needs of investors approaching retirement. Its primary role in the financial market is to serve as a professionally managed, all-in-one investment option tailored to investors planning to retire in or near 2025, streamlining the investment process and alleviating the need for active asset allocation decisions as retirement draws closer.
Performance
MMNTX had a total return of 7.04% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.88%.
Top 10 Holdings
78.11% of assets| Name | Symbol | Weight |
|---|---|---|
| MassMutual Core Bond Fund | MCZZX | 26.72% |
| MassMutual Select Funds - MM Select Equity Asset Fund | MSEJX | 11.72% |
| MassMutual Total Return Bond I | MSPZX | 6.58% |
| MassMutual High Yield I | MPHZX | 6.38% |
| Vanguard Total Bond Market Index Fund | VBTIX | 6.28% |
| Vanguard Developed Markets Index Instl | VTMNX | 5.89% |
| MassMutual Infl-Prot and Inc I | MIPZX | 4.14% |
| MassMutual Equity Opports I | MFVZX | 3.76% |
| MassMutual Blue Chip Growth Fund | MBCZX | 3.36% |
| MassMutual Diversified Value Fund | MDDIX | 3.28% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 14, 2025 | $0.08338 | Jan 15, 2025 |
| Dec 18, 2024 | $0.44552 | Dec 19, 2024 |
| Dec 18, 2023 | $0.33671 | Dec 19, 2023 |
| Dec 19, 2022 | $0.87801 | Dec 20, 2022 |
| Dec 21, 2021 | $1.6402 | Dec 22, 2021 |
| Dec 18, 2020 | $0.79868 | Dec 21, 2020 |