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Morningstar

MassMutual RetireSMART by JPM In Ret Svc MDRSX

Morningstar Analyst Rating
Analyst rating as of | See MassMutual Investment Hub
  • NAV / 1-Day Return 9.65  /  0.72 %
  • Total Assets 88.3 Mil
  • Adj. Expense Ratio
    0.260%
  • Expense Ratio 0.700%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category Target-Date Retirement
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Status Open
  • TTM Yield 4.93%
  • Turnover 58%

USD | NAV as of Feb 04, 2023 | 1-Day Return as of Feb 04, 2023, 12:39 AM GMT+00:00

Morningstar’s Analysis MDRSX

Will MDRSX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MDRSX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the MDRSX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of MDRSX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Unappealing despite some solid elements.

Senior Analyst

Summary

| by Greg Carlson

The MassMutual RetireSMART by J.P. Morgan series of target-date funds leverages J.P. Morgan’s glide-path research and tactical allocation process. But it sometimes strays from J.P. Morgan’s best thinking through its implementation, the team supporting the series is thinly staffed, and the series arguably uses an unwieldy number of strategies. As a result, the series’ six cheaper share classes earn a Morningstar Analyst Rating of Neutral while the priciest share class retains a Negative rating.

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