MassMutual Small Cap Growth Equity Fund Class I (MSGZX)
| Fund Assets | 569.61M |
| Expense Ratio | 0.87% |
| Min. Investment | $100,000 |
| Turnover | 54.00% |
| Dividend (ttm) | 0.83 |
| Dividend Yield | 5.15% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 13, 2024 |
| Previous Close | 16.03 |
| YTD Return | -0.43% |
| 1-Year Return | 7.68% |
| 5-Year Return | 46.53% |
| 52-Week Low | 12.75 |
| 52-Week High | 18.49 |
| Beta (5Y) | n/a |
| Holdings | 245 |
| Inception Date | Nov 15, 2010 |
About MSGZX
The MassMutual Small Cap Growth Equity Fund Class I is a mutual fund that primarily seeks long-term capital appreciation by investing in the equities of smaller U.S. companies with strong growth prospects. The fund targets firms that typically fall within the lower range of market capitalization and are often found in innovative or emerging industries such as industrials, technology, consumer sectors, and basic materials. This focus on small-capitalization growth companies means the fund tends to favor businesses with high earnings and revenue growth rates, though these investments may also exhibit greater price volatility compared to larger, more established firms. The fund is managed with a multi-manager approach and maintains a broadly diversified portfolio, with over 250 holdings and the top 10 positions representing less than 13% of assets. This diversification helps to spread risk across several sectors and companies. The fund is designed for institutional investors, reflected in its Class I share structure, and it benefits from a competitive expense ratio relative to its peers in the small-growth category. MassMutual Small Cap Growth Equity Fund Class I plays a key role in offering exposure to the dynamic growth segment of the U.S. equity market, allowing investors to participate in the potential outperformance of emerging businesses over the long term.
Performance
MSGZX had a total return of 7.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.19%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FECGX | Fidelity | Fidelity Small Cap Growth Index Fund | 0.05% |
| FCIGX | Fidelity | Fidelity Advisor Small Cap Growth Fund - Class I | 1.07% |
| FCPGX | Fidelity | Fidelity Small Cap Growth Fund | 1.05% |
| FCTGX | Fidelity | Fidelity Advisor Small Cap Growth Fund - Class M | 1.58% |
| FCCGX | Fidelity | Fidelity Advisor Small Cap Growth Fund - Class C | 2.08% |
Top 10 Holdings
13.99% of assets| Name | Symbol | Weight |
|---|---|---|
| Repurchase Agreement - FIXED INC CLEARING CORP.REPO | n/a | 2.20% |
| CyberArk Software Ltd. | CYBR | 1.63% |
| Applied Industrial Technologies, Inc. | AIT | 1.57% |
| The AZEK Company Inc. | AZEK | 1.48% |
| Casella Waste Systems, Inc. | CWST | 1.41% |
| Clearwater Analytics Holdings, Inc. | CWAN | 1.21% |
| Hamilton Lane Incorporated | HLNE | 1.16% |
| StepStone Group Inc. | STEP | 1.11% |
| Ollie's Bargain Outlet Holdings, Inc. | OLLI | 1.11% |
| Verra Mobility Corporation | VRRM | 1.11% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.82639 | Dec 16, 2024 |
| Dec 14, 2022 | $0.00433 | Dec 15, 2022 |
| Dec 16, 2021 | $4.48848 | Dec 17, 2021 |
| Dec 14, 2020 | $1.39922 | Dec 15, 2020 |
| Dec 16, 2019 | $1.8224 | Dec 17, 2019 |
| Dec 17, 2018 | $2.72875 | Dec 18, 2018 |