MassMutual Select Funds - MassMutual RetireSMART by JPMorgan 2030 Fund (MRYTX)
| Fund Assets | 517.88M |
| Expense Ratio | 0.61% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.45 |
| Dividend Yield | 3.97% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Jan 14, 2025 |
| Previous Close | 11.40 |
| YTD Return | 0.99% |
| 1-Year Return | 7.71% |
| 5-Year Return | 47.06% |
| 52-Week Low | 10.88 |
| 52-Week High | 12.15 |
| Beta (5Y) | n/a |
| Holdings | 23 |
| Inception Date | Apr 1, 2014 |
About MRYTX
MassMutual RetireSMART 2030 Fund Class R5 is a target-date mutual fund designed primarily for individuals aiming to retire around the year 2030. The fund's principal purpose is to facilitate retirement planning by providing investors with a diversified portfolio that automatically adjusts its asset allocation over time. As the target retirement date approaches, the fund gradually shifts from a more aggressive investment mix—emphasizing growth assets like equities—toward a more conservative allocation featuring bonds and cash equivalents, in line with a preset glide path. This approach aims to balance the objective of long-term growth early in the investment horizon with capital preservation closer to retirement. The fund invests across both U.S. and international markets, offering exposure to a broad range of stocks and bonds. This diversification helps manage risk relative to single-asset strategies. As part of a suite of target-date funds, it aligns with the needs of investors planning to retire within a defined timeframe, and serves as a tool for retirement accounts such as 401(k)s and IRAs. The fund is managed by a team of professionals who make allocation adjustments to reflect evolving risk profiles as investors near their retirement goals.
Performance
MRYTX had a total return of 7.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.59%.
Top 10 Holdings
79.06% of assets| Name | Symbol | Weight |
|---|---|---|
| MassMutual Core Bond Fund | MCZZX | 23.62% |
| MassMutual Select Funds - MM Select Equity Asset Fund | MSEJX | 15.25% |
| Vanguard Developed Markets Index Instl | VTMNX | 6.82% |
| MassMutual Total Return Bond I | MSPZX | 5.77% |
| MassMutual Equity Opports I | MFVZX | 4.95% |
| MassMutual High Yield I | MPHZX | 4.91% |
| Vanguard Total Bond Market Index Fund | VBTIX | 4.85% |
| MassMutual Blue Chip Growth Fund | MBCZX | 4.34% |
| MassMutual Overseas I | MOSZX | 4.30% |
| MassMutual Diversified Value Fund | MDDIX | 4.26% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 14, 2025 | $0.07152 | Jan 15, 2025 |
| Dec 18, 2024 | $0.38088 | Dec 19, 2024 |
| Dec 18, 2023 | $0.28373 | Dec 19, 2023 |
| Dec 19, 2022 | $1.0336 | Dec 20, 2022 |
| Dec 21, 2021 | $1.59435 | Dec 22, 2021 |
| Dec 18, 2020 | $0.62497 | Dec 21, 2020 |