MassMutual RetireSMART by JPMorgan 2050 Fund (MMRZX)
| Fund Assets | 179.79M |
| Expense Ratio | 0.98% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.80 |
| Dividend Yield | 9.84% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Jan 14, 2025 |
| Previous Close | 8.24 |
| YTD Return | 1.50% |
| 1-Year Return | 8.56% |
| 5-Year Return | 53.56% |
| 52-Week Low | 8.07 |
| 52-Week High | 9.36 |
| Beta (5Y) | n/a |
| Holdings | 22 |
| Inception Date | Apr 1, 2014 |
About MMRZX
The MassMutual RetireSMART by JPMorgan 2050 Fund Class R4 is a target-date mutual fund specifically designed for individuals planning to retire around the year 2050. Its primary function is to help investors accumulate assets for retirement by utilizing a dynamic asset allocation strategy that gradually shifts from higher-risk, growth-oriented investments to more conservative holdings as the target retirement year approaches. The fund achieves diversification by investing across a variety of underlying U.S. domestic and international mutual funds, encompassing equities, fixed income, and money market instruments. This diversified approach aims to balance potential growth with risk management, adapting over time to reflect the changing needs of investors nearing retirement. The MassMutual RetireSMART by JPMorgan 2050 Fund Class R4 serves a crucial role in the financial market by offering a managed, long-term investment solution tailored for retirement planning, catering primarily to individuals seeking a one-stop option that evolves with their investment horizon.
Performance
MMRZX had a total return of 8.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.05%.
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 | $0.06196 | Jan 15, 2025 |
| Dec 18, 2024 | $0.79708 | Dec 19, 2024 |
| Dec 18, 2023 | $0.25355 | Dec 19, 2023 |
| Dec 19, 2022 | $0.89368 | Dec 20, 2022 |
| Dec 21, 2021 | $1.40686 | Dec 22, 2021 |
| Dec 18, 2020 | $0.15625 | Dec 21, 2020 |