MassMutual RetireSMART by JPMorgan 2050 Fund (MMRUX)
| Fund Assets | 179.79M |
| Expense Ratio | 0.53% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.84 |
| Dividend Yield | 10.22% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Jan 14, 2025 |
| Previous Close | 8.38 |
| YTD Return | 1.51% |
| 1-Year Return | 8.63% |
| 5-Year Return | 73.79% |
| 52-Week Low | 8.21 |
| 52-Week High | 9.56 |
| Beta (5Y) | n/a |
| Holdings | 22 |
| Inception Date | Apr 1, 2014 |
About MMRUX
MassMutual RetireSMART by JPMorgan 2050 Fund – Institutional Class is a target-date mutual fund designed for investors who expect to retire around the year 2050. This fund aims to provide a diversified investment portfolio through a carefully constructed allocation across equity, fixed income, and money market funds, with an emphasis on balancing growth and risk as the target date approaches. The fund primarily invests in a range of underlying mutual funds, including domestic and international equities, growth and value strategies, and core bond holdings, offering broad exposure to global financial markets. Managed with a long-term perspective, MassMutual RetireSMART by JPMorgan 2050 Fund – Institutional Class seeks to optimize total return for retirement-oriented investors by gradually adjusting its asset mix to become more conservative over time. Its approach helps investors benefit from professional asset management and automatic rebalancing, making it a practical tool for those planning for future retirement goals without the need for ongoing portfolio management.
Performance
MMRUX had a total return of 8.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.20%.
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 | $0.06484 | Jan 15, 2025 |
| Dec 18, 2024 | $0.84186 | Dec 19, 2024 |
| Dec 18, 2023 | $0.2881 | Dec 19, 2023 |
| Dec 19, 2022 | $0.92942 | Dec 20, 2022 |
| Dec 21, 2021 | $1.45847 | Dec 22, 2021 |
| Dec 18, 2020 | $0.19672 | Dec 21, 2020 |