MassMutual RetireSMART by JPMorgan 2050 Fund (MMRTX)
| Fund Assets | 179.79M |
| Expense Ratio | 0.63% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.90 |
| Dividend Yield | 10.46% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Jan 14, 2025 |
| Previous Close | 8.59 |
| YTD Return | 1.47% |
| 1-Year Return | 8.73% |
| 5-Year Return | 75.02% |
| 52-Week Low | 8.42 |
| 52-Week High | 9.77 |
| Beta (5Y) | n/a |
| Holdings | 22 |
| Inception Date | Apr 1, 2014 |
About MMRTX
The MassMutual RetireSMART by JPMorgan 2050 Fund is a mutual fund that offers investors a diversified, multi-asset solution tailored for those planning to retire around the year 2050. This target-date fund operates by allocating assets across a blend of domestic and international equities, fixed income securities, and money market instruments, aiming to provide an appropriate balance of growth potential and risk management throughout an investor’s life cycle. The fund’s underlying investment approach centers on gradually adjusting asset allocations over time to become more conservative as the target retirement date approaches. Notable features include a broad mix of underlying funds covering large-cap growth and value, international markets, emerging markets, real estate, and core bonds, designed to capture global market opportunities while seeking to mitigate volatility. As a core component of retirement planning strategies, the MassMutual RetireSMART by JPMorgan 2050 Fund serves as a turnkey portfolio building block, simplifying asset allocation decisions and supporting long-term financial wellness for investors with distant retirement horizons.
Performance
MMRTX had a total return of 8.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.24%.
Top 10 Holdings
81.08% of assets| Name | Symbol | Weight |
|---|---|---|
| MassMutual Select Funds - MM Select Equity Asset Fund | MSEJX | 24.93% |
| MassMutual Blue Chip Growth Fund | MBCZX | 10.74% |
| MassMutual Overseas I | MOSZX | 8.86% |
| Vanguard Developed Markets Index Instl | VTMNX | 8.22% |
| MassMutual Diversified Value Fund | MDDIX | 6.22% |
| JPMorgan Emerging Mkts Rsrch Enh Eq R6 | EMRSX | 5.11% |
| MassMutual International Eq I | MIZIX | 5.02% |
| MassMutual Equity Opports I | MFVZX | 4.71% |
| MassMutual Core Bond Fund | MCZZX | 3.82% |
| JPMorgan Large Cap Value R6 | JLVMX | 3.45% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 14, 2025 | $0.06413 | Jan 15, 2025 |
| Dec 18, 2024 | $0.83416 | Dec 19, 2024 |
| Dec 18, 2023 | $0.1753 | Dec 19, 2023 |
| Dec 19, 2022 | $0.92124 | Dec 20, 2022 |
| Dec 21, 2021 | $1.44799 | Dec 22, 2021 |
| Dec 18, 2020 | $0.18856 | Dec 21, 2020 |