On Feb. 28, 2023, MassMutual announced that Michael Abata, who joined the firm's multi-asset team as a strategist in 2022, was promoted to comanager of the MassMutual RetireSMART by J.P. Morgan target-date series. He joins Rick Schulitz, MassMutual's multi-asset head who was serving as the series' sole manager from the firm. (Two J.P. Morgan managers are named on the series as well.) This change does not impact the series' Average People rating, and its Morningstar Analyst Rating continues to be Neutral for the six cheapest share classes and Negative for the most expensive shares. Abata previously served as an analyst and portfolio manager for Invesco from 2011-20, and also worked for Putnam as a portfolio manager from 1997-2008.
- NAV / 1-Day Return 9.96 / 0.20 %
- Total Assets 138.4 Mil
-
Adj. Expense Ratio
0.670%
- Expense Ratio 0.670%
- Distribution Fee Level Above Average
- Share Class Type No Load
- Category Target-Date 2025
- Investment Style Large Blend
- Credit Quality / Interest Rate Sensitivity Medium / Moderate
- Status Open
- TTM Yield 2.49%
- Turnover 54%
Morningstar’s Analysis MMISX
Will MMISX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings 0
- Bond Holdings 0
- Other Holdings 28
- % Assets in Top 10 Holdings 73.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
MassMutual Core Bond I
20.02
29,126,167
—
MM Equity Asset I
11.53
16,771,168
—
MassMutual High Yield I
6.95
10,114,681
—
MassMutual Strategic Bond I
6.75
9,816,093
—
MassMutual Total Return Bond I
6.71
9,769,389
—
Vanguard Developed Markets Index Instl
5.70
8,294,505
—
JPMorgan US Government MMkt IM
5.66
8,236,034
Cash and Equivalents
Vanguard Total Bond Market Index I
5.31
7,725,187
—
MassMutual Overseas I
4.14
6,017,660
—
MassMutual Equity Opports I
3.70
5,378,578
—