Morningstar

MassMutual RetireSMART by JPM 2040 A MRFAX

Morningstar Medalist Rating
Medalist Rating as of | See MassMutual Investment Hub
  • NAV / 1-Day Return 12.54  /  +0.56 %
  • Total Assets 200.7 Mil
  • Adj. Expense Ratio
    1.040%
  • Expense Ratio 1.040%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Target-Date 2040
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Status Open
  • TTM Yield 1.68%
  • Turnover 32%

USD | NAV as of Oct 05, 2024 | 1-Day Return as of Oct 05, 2024, 12:18 AM GMT+0

Morningstar’s Analysis MRFAX

Will MRFAX 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 MRFAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MRFAX 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 MRFAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

This Target-Date Series Is Slated to Liquidate in January 2025

null Greg Carlson

Greg Carlson

Analyst Note

MassMutual announced on Sept. 19 that the MassMutual RetireSMART by JPM target-date series will be liquidated on or about Jan. 24, 2025. Thus, Morningstar’s manager research team will cease coverage of the series then. Morningstar analysts qualitatively rate 29 target-date series. You can find our top picks in the most recent Morningstar Target-Date Landscape report.

by Greg Carlson
Published on

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Portfolio Holdings MRFAX

More MRFAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 73.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MM Equity Asset I

21.73 42.9 Mil
—

MassMutual Overseas I

7.54 14.9 Mil
—

Vanguard Developed Markets Index Instl

7.33 14.5 Mil
—

MassMutual Blue Chip Growth I

6.67 13.2 Mil
—

MassMutual Total Return Bond I

6.29 12.4 Mil
—

MassMutual Strategic Bond I

6.26 12.4 Mil
—

JPMorgan Emerging Mkts Rsrch Enh Eq R6

4.97 9.8 Mil
—

MassMutual International Eq I

4.89 9.7 Mil
—

MassMutual Equity Opports I

4.20 8.3 Mil
—

MassMutual Core Bond I

3.38 6.7 Mil
—

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