Address And Details

1295 State St , Springfield, MA 01111
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The Fund seeks total return through its asset allocation, which is designed to become more conservative over time. As the Fund approaches and passes the target retirement date, the Funds objective will shift to seeking current income and some capital appreciation. The Fund is a fund of funds and seeks to achieve its investment objective by investing in a combination outs. Domestic and international mutual funds (Underlying Funds) using an asset allocation strategy designed for investors expecting to retire at age 65 around the year 2045 and likely to stop making new investments in the Fund at or around that time. Underlying Funds will include a combination of MassMutual Select Funds and MassMutual Premier Funds (advised by MML Investment Advisers, LLC (MML Advisers), a wholly-owned subsidiary of Massachusetts Mutual Life Insurance Company(MassMutual) and J.P. Morgan Funds (advised by J.P. Morgan Investment Management Inc. (JPMorgan) or its affiliates), and may also include Barings Funds (advised by Barings LLC (Barings), wholly-owned, indirect subsidiary of MassMutual) and other, non-affiliated mutual funds. The Underlying Funds may invest in various asset classes, including equity securities, fixed income securities, and money market instruments. Underlying Funds may also invest some or all of their assets in commodities or commodities-related investments. Non-affiliated Underlying Funds in which the Fund may invest are typically passively managed funds that seek to track the performance of a particular market index, which may be broad-based or relate to a particular sector, market, region, or industry. The Fund is advised bump Advisers and sub advised by J.P. Morgan. JPMorgan has responsibility for determining the Funds strategic asset allocation (its glide path) and tactical asset allocation. MML Advisers has overall responsibility for the Fund and for implementing those allocations through the selection of, and allocations to, Underlying Funds. Most of the Funds assets will typically be invested in mutual funds advised by MML Advisers, JPMorgan, or their affiliates, including typically a 15% to 35% allocation to mutual funds advised or sub advised by J.P. Morgan or its affiliates. The Funds assets are allocated among Underlying Funds according to an asset allocation strategy that generally becomes increasingly conservative until it reaches its most conservative strategic target allocations by the end of 2045. It is intended that the Funds strategic target allocations will approximate those of the MassMutual Retire SMART by JPMorgan in Retirement Fund by the end of 2045. As the Fund reaches 2045 and investors redeem shares of the Fund, the Funds annual fund operating expenses may increase because certain fixed costs of the Fund would be shared by a smaller pool of assets. When the strategic target allocations of the Fund are substantially the same as those of the MassMutual Retire SMART by JPMorgan In Retirement Fund, the Fund may be merged into the MassMutual Retire SMART by JPMorgan In Retirement Fund at the discretion of the Funds Board of Trustees(Trustees) without a vote of shareholders. For more information, see MassMutual Retire SMART by JPMorgan Funds in the section titled Additional Information Regarding Investment Objectives and Principal Investment Strategies beginning on page of the Funds Prospectus. The glide path depicted in the chart below shows how the Funds strategic target allocations among asset and sub-asset classes generally become more conservative as the target retirement date approaches (typically more emphasis on fixed income and less on equity).The table accompanying the chart is simply the glide path in tabular form. The glide path below shows the Funds strategic target allocations initially established in 2021.

Net Asset Value

as of 6:21 PM ET 09/17/2021

Performance

  • 1 Week
  • -0.66%
  • 1 Month
  • +0.07%
  • 3 Months
  • +1.21%
  • 1 Yr Return
  • +24.28%
  • 5 Yr Return
  • +24.90%

Equity Sector Breakdown

Finance 100.05%
ConsumerDurables n/a
Energy n/a
Health n/a
IndustrialCyclical n/a
NonDurables n/a
RetailTrade n/a
Services n/a
Technology n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Other 100.05%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Stocks -0.05%
Total Net Assets 27.55 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -2.98 -2.72 n/a
Beta 0.92 0.90 n/a
R Squared 0.94 0.93 n/a
Std Deviation 17.52 13.98 n/a
Sharpe Ratio 0.78 0.93 n/a

Purchase Information

as of 6:17 PM ET 09/16/2021
Minimum Initial $0
Minimum Additional $0
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 06/30/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 06/30/2021
1 Year
  • +29.63%
  • +38.90%
+29.63% +38.90%
3 Year
  • +13.16%
  • +13.62%
+13.16% +13.62%
10 Year
  • n/a
  • n/a
n/a n/a
Life Of Fund
  • +9.45%
  • +9.31%
+9.45% +9.31%

Top 10 Holdings

Symbol Company Name % Of Assets
VEIEX VANGUARD EMERGING MARKETS ST 6.28%
MBCNX MASSMUTUAL SL BLUE CHIP GR FD 6.01%
MMIAX MASSMUTUAL PR INT EQUITY FD 4.31%
MVUSX MASSMUTUAL SL FUNDAMENTAL VAL 3.99%
MDDAX MASSMUTUAL SL DIV VALUE FUND 3.98%
OIEAX JPMORGAN INTL RES ENHANCED EQ 3.97%
MFVSX MASSMUTUAL SL FOC VL FD CL S 3.96%
DLHYX MASSMUTUAL PR HIGH YIELD FD 3.96%
MPSMX MASSMUTUAL PR STRAT EM MKT FD 3.37%
VTMGX VANGUARD DEVELOPED MKT IDX FD 2.89%

Recent Articles from TheStreet

Wynn Shares Fall on Macau Management Reshuffle

Jim Chanos Takes Short Position in Wynn on Macao Turmoil

'For years we’ve said people are ignoring that the concessions expiring next year [in Macao for casinos such as Wynn] are at risk,' Chanos said.

SPAC Lead

SPACs Are Seeing More Volatility Tied to Gamma Squeezes

But ‘Rev Shark’ cautions against the very high risk in such plays

Opec and allied oil producers have roiled global markets with disagreements over production quota. Photo: dpa

Cramer: Something Strange is Happening With Oil

U.S. companies are stepping back from playing the swing producer role when oil prices rise.

Stock Market Lead

Stock Market Today With Jim Cramer: Prepare to Buy What's Working

Jim Cramer discusses China's property developer Evergrande and other catalysts to Monday's selloff.

The logo of Taiwan Semiconductor Manufacturing Co (TSMC) is pictured at its headquarters, in Hsinchu, Taiwan, Jan. 19, 2021. Photo: Reuters

Goldman Lists Taiwan Semi Among its Top Chinese Chip Picks

Goldman Sachs likes Taiwan Semi for its strength in the three-nanometer processor market. It also selects United Microelectronics and ACM Research.

Palantir Technologies

Palantir Stock Falls. To Buy the Dip, Here's the Support Level to Watch

Palantir stock had a good run and now is getting whacked. Let's look at where bulls may consider buying the dip.

Evergrande Group Lead

El Erian: Evergrande's Woes Challenge Investors' Faith in China

The crisis at the world's biggest real estate debtor is 'shaking this notion that China is an investable market,' Allianz's El-Erian says.

Amazon.com's logo is seen at Amazon Japan's office building in Tokyo, Japan. Photo: Reuters

California Bill Aims to Tighten Work Rules at Amazon, Retailers

A proposed California law aims to improve conditions for workers at facilities across Amazon and other retailers, a report says.

Eli Lilly, AstraZeneca Shares Fall After Halting Alzheimer's Drug Test

5 Top Stock Gainers for Monday: AstraZeneca, Astronics, Teradata

AstraZeneca, Brooks Automation, Teradata, Atea Pharmaceuticals and Astronics are five top stock gainers for Monday.

Adobe Lead

Adobe Initiates at Overweight by Wells Fargo

Adobe is 'one of the crown jewels of software,' a Wells Fargo analyst says.