MassMutual 40/60 Allocation R4 (MRMZX)
| Fund Assets | 88.13M |
| Expense Ratio | 1.04% |
| Min. Investment | $100,000 |
| Turnover | 17.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.77% |
| Dividend Growth | 0.30% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 9.45 |
| YTD Return | 7.59% |
| 1-Year Return | 5.54% |
| 5-Year Return | 20.36% |
| 52-Week Low | 8.36 |
| 52-Week High | 9.52 |
| Beta (5Y) | n/a |
| Holdings | 23 |
| Inception Date | Apr 1, 2014 |
About MRMZX
MassMutual 40/60 Allocation Fund Class R4 is an actively managed allocation mutual fund designed to deliver a prudent total return through a diversified mix of equities and fixed income. The strategy follows a fund‑of‑funds approach, typically allocating about 60% to equity funds and 40% to fixed income, including money market exposure, to balance growth potential with income and capital preservation objectives. The portfolio spans U.S. and international markets and invests primarily through affiliated underlying mutual funds, providing broad multi‑asset diversification within a single vehicle. Positioned in the moderately conservative to moderate allocation segment, the fund seeks steady participation in equity upside while tempering volatility via core bond and multi‑sector fixed income sleeves. It is overseen by MassMutual’s investment adviser and is commonly used in retirement plans and intermediary platforms as a core balanced holding, aiming to streamline asset allocation and ongoing rebalancing for investors who want a disciplined mix of stock and bond exposures without managing individual securities.
Performance
MRMZX had a total return of 5.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.24%.
Top 10 Holdings
85.12% of assets| Name | Symbol | Weight |
|---|---|---|
| MassMutual Core Bond Fund | MCZZX | 26.59% |
| MassMutual Total Return Bond Fund | n/a | 16.84% |
| MM S&P 500 Index Fund | n/a | 10.06% |
| MassMutual Equity Opports I | MFVZX | 5.48% |
| Vanguard Total Bond Market Index Fund | VBTIX | 5.14% |
| MassMutual Short Duration Bd I | MSTZX | 4.87% |
| MassMutual Blue Chip Growth Fund | MBCZX | 4.83% |
| MassMutual Diversified Value Fund | n/a | 4.59% |
| Vanguard Developed Markets Index Instl | VTMNX | 3.51% |
| MassMutual Select Overseas Fund | n/a | 3.21% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $0.3533 | Dec 19, 2024 |
| Dec 18, 2023 | $0.35224 | Dec 19, 2023 |
| Dec 19, 2022 | $0.54724 | Dec 20, 2022 |
| Dec 21, 2021 | $0.84193 | Dec 22, 2021 |
| Dec 18, 2020 | $0.50443 | Dec 21, 2020 |
| Dec 20, 2019 | $0.97469 | Dec 23, 2019 |