The MassMutual RetireSMART by JPMorgan series of target-date funds pairs JPMorgan’s industry-leading strategic and tactical allocation with a multimanager framework. In light of the retirement of Anne Lester, one of JPMorgan’s lead portfolio managers, the series maintains a Morningstar Analyst Rating of Neutral across all share classes.
MassMutual RetireSMART by JPM 2020 R3 MRTNX
NAV / 1-Day Return
12.33
/
0.40
%
Total Assets
345.9 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.240%
Expense Ratio
1.240%
Fee Level
High
Longest Manager Tenure
14.17
years
Category
Target-Date 2020
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
Low / ModerateStatus
Open
TTM Yield
2.94%
Turnover
69%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will MRTNX 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 MRTNX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the MRTNX 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 MRTNX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Promising young partnership despite manager changes.
