MassMutual RetireSMART by JPMorgan 2055 Fund (MMWEX)
| Fund Assets | 55.17M |
| Expense Ratio | 0.97% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.79 |
| Dividend Yield | 8.48% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Jan 14, 2025 |
| Previous Close | 9.50 |
| YTD Return | 1.50% |
| 1-Year Return | 6.34% |
| 5-Year Return | 66.93% |
| 52-Week Low | 9.31 |
| 52-Week High | 10.65 |
| Beta (5Y) | n/a |
| Holdings | 22 |
| Inception Date | Apr 1, 2014 |
About MMWEX
MassMutual RetireSMART by JPMorgan 2055 Fund Class R4 is a target-date mutual fund tailored to investors seeking a professionally managed retirement solution around the year 2055. Its primary function is to offer a diversified portfolio that systematically adjusts its asset allocation over time, shifting from a focus on growth-oriented equities in the early years toward more conservative investments as the target retirement date approaches. Notable features include a blend of underlying funds designed to provide broad exposure across domestic and international equities, fixed income, and potentially alternative asset classes. The fund is particularly relevant for long-term savers, such as participants in employer-sponsored retirement plans, who value a “set-it-and-forget-it” investment vehicle aligned with a specific retirement horizon. With an expense ratio of 0.97% and a track record dating back to April 2014, the fund plays a key role in supporting retirement planning by helping manage investment risk and return as the investor’s needs evolve over time.
Performance
MMWEX had a total return of 6.34% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.21%.
Top 10 Holdings
81.09% of assets| Name | Symbol | Weight |
|---|---|---|
| MassMutual Select Funds - MM Select Equity Asset Fund | MSEJX | 24.76% |
| MassMutual Blue Chip Growth Fund | MBCZX | 10.73% |
| MassMutual Overseas I | MOSZX | 9.03% |
| Vanguard Developed Markets Index Instl | VTMNX | 8.30% |
| MassMutual Diversified Value Fund | MDDIX | 6.31% |
| JPMorgan Emerging Mkts Rsrch Enh Eq R6 | EMRSX | 5.08% |
| MassMutual Premier Funds - MassMutual International Equity Fund | MIZIX | 4.94% |
| MassMutual Select Funds - MassMutual Equity Opportunities Fund | MFVZX | 4.69% |
| MassMutual Core Bond Fund | MCZZX | 3.84% |
| JPMorgan Large Cap Value R6 | JLVMX | 3.41% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 14, 2025 | $0.05923 | Jan 15, 2025 |
| Dec 18, 2024 | $0.79074 | Dec 19, 2024 |
| Dec 18, 2023 | $0.55495 | Dec 19, 2023 |
| Dec 19, 2022 | $1.17399 | Dec 20, 2022 |
| Dec 21, 2021 | $1.64935 | Dec 22, 2021 |
| Dec 18, 2020 | $0.58372 | Dec 21, 2020 |