On April 12, Rick Schulitz, a portfolio manager of this series since its 2006 launch, and the firm’s head of multi-asset solutions, will depart the series and the firm. Michael Abata, the only other manager of the series who works for MassMutual (the other two managers are from J.P. Morgan), will become interim head of multi-asset solutions. Abata joined the firm two years ago. Given these changes, we are placing the series’ Morningstar Medalist Rating Under Review.
MassMutual RetireSMART by JPM 2040 R4 MRFZX
- NAV / 1-Day Return 10.98 / −0.18 %
- Total Assets 197.2 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.990%
- Distribution Fee Level Average
- Share Class Type Retirement, Medium
- Category Target-Date 2040
- Investment Style Large Blend
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Status Open
- TTM Yield 1.94%
- Turnover 32%
USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 12:13 AM GMT+0
Morningstar’s Analysis MRFZX
Will MRFZX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 72.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
MM Equity Asset I | 21.31 | 44.2 Mil | — |
MassMutual Overseas I | 7.94 | 16.5 Mil | — |
Vanguard Developed Markets Index Instl | 7.21 | 15.0 Mil | — |
MassMutual Blue Chip Growth I | 6.37 | 13.2 Mil | — |
MassMutual Strategic Bond I | 6.21 | 12.9 Mil | — |
MassMutual Total Return Bond I | 6.21 | 12.9 Mil | — |
MassMutual International Eq I | 4.93 | 10.2 Mil | — |
JPMorgan Emerging Mkts Rsrch Enh Eq R6 | 4.77 | 9.9 Mil | — |
MassMutual Equity Opports I | 4.24 | 8.8 Mil | — |
MassMutual Core Bond I | 3.32 | 6.9 Mil | — |