MassMutual RetireSMART 2045 Fund Class A (MMKAX)

12.07
Net Asset Value
-0.25%
1 Day
+11.66%
Year-to-Date
Overall Morningstar Rating
Target date 2041-2045
Style or Category
5.75
Sales Expenses
5.04%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks to achieve as high a total rate of return on an annual basis as is considered consistent with prudent investment risk and the preservation of capital. The fund invests in a combination of domestic and international mutual funds sponsored by MassMutual or its affiliates. It allocates its assets among underlying funds according to an asset allocation strategy that becomes increasingly conservative until it reaches approximately 50% in equity and similar funds and 50% in fixed income funds, including money market funds, in 2045, and approximately 35% in equity and similar funds and 65% in fixed income funds, including money market funds.

Performance

1 month+3.52% 3 years+14.49%
3 months+6.34% 5 years--
1 year+24.97% Since inception+9.47%
Data through --

Peer Comparisonvs. Target date 2041-2045

 MMKAXCategory
Performance 5-yr return--+3.83%
Expense ratio5.04%1.08%
Risk 5 year sharpe ratio--0.25
Net assets$5.6M$690.0M
Average market cap$19.4B$26.7B
Average P/E15.215.7
Portfolio turnover56%56%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyMassMutual
Fund manager & tenureBruce Picard Jr. / 3 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

Other100.00%
U.S. stock--
International stock--
Fixed income--
Cash--
Top 5 Sectors
Portfolio weighting
Financial service 22.79%
Industrial materials 13.94%
Consumer goods 10.19%
Energy 9.26%
Healthcare 8.94%
Top 10 Holdings
Portfolio weighting
MOSZX MassMutual Select Overseas Z8.49%
MKRZX MM MSCI EAFEĀ® International Index Z6.78%
MEPSX MassMutual Premier Disciplined Value S6.23%
MPGSX MassMutual Premier Disciplined Growth S6.09%
MFUZX MassMutual Select Fundamental Value Z5.03%
MDVSX MassMutual Select Diversified Value S4.42%
MOTCX MassMutual Select Fundamental Growth S4.42%
MBCSX MassMutual Select Blue Chip Growth S4.38%
MLUZX MassMutual Select Mid-Cap Value Z4.00%
MMAZX MassMutual Select Growth Opportunities Z3.76%

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2013 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2013 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2013. All rights reserved. Most stock quote data provided by BATS.