MassMutual Diversified Value Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.7%
1 yr return
12.6%
3 Yr Avg Return
6.9%
5 Yr Avg Return
9.5%
Net Assets
$204 M
Holdings in Top 10
22.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.71%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 60.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MDVSX - Profile
Distributions
- YTD Total Return 4.7%
- 3 Yr Annualized Total Return 6.9%
- 5 Yr Annualized Total Return 9.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.74%
- Dividend Yield 2.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameMassMutual Diversified Value Fund
-
Fund Family NameMASSMUTUAL FUNDS
-
Inception DateOct 15, 2004
-
Shares OutstandingN/A
-
Share ClassR5
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJoseph Kirby
Fund Description
MDVSX - Performance
Return Ranking - Trailing
Period | MDVSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.7% | -24.4% | 10.9% | 26.57% |
1 Yr | 12.6% | -18.7% | 29.9% | 48.52% |
3 Yr | 6.9%* | -4.6% | 29.3% | 30.05% |
5 Yr | 9.5%* | -1.8% | 42.6% | 42.20% |
10 Yr | 9.0%* | 1.0% | 24.3% | 29.82% |
* Annualized
Return Ranking - Calendar
Period | MDVSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.9% | -24.9% | 46.1% | 64.34% |
2022 | -13.5% | -65.1% | 4.6% | 63.39% |
2021 | 13.5% | -44.2% | 57.5% | 63.17% |
2020 | -2.8% | -23.2% | 285.0% | 68.94% |
2019 | 17.8% | -21.4% | 48.5% | 60.67% |
Total Return Ranking - Trailing
Period | MDVSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.7% | -24.4% | 10.9% | 26.57% |
1 Yr | 12.6% | -18.7% | 29.9% | 48.52% |
3 Yr | 6.9%* | -4.6% | 29.3% | 30.05% |
5 Yr | 9.5%* | -1.8% | 42.6% | 42.20% |
10 Yr | 9.0%* | 1.0% | 24.3% | 29.82% |
* Annualized
Total Return Ranking - Calendar
Period | MDVSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.3% | -15.9% | 46.7% | 65.21% |
2022 | -2.2% | -42.0% | 8.5% | 19.86% |
2021 | 28.6% | 3.6% | 129.7% | 22.97% |
2020 | -0.7% | -22.6% | 304.8% | 80.69% |
2019 | 26.3% | -12.7% | 52.1% | 40.00% |
NAV & Total Return History
MDVSX - Holdings
Concentration Analysis
MDVSX | Category Low | Category High | MDVSX % Rank | |
---|---|---|---|---|
Net Assets | 204 M | 1.09 M | 163 B | 78.01% |
Number of Holdings | 263 | 2 | 1689 | 6.80% |
Net Assets in Top 10 | 66.2 M | 420 K | 33.9 B | 75.97% |
Weighting of Top 10 | 22.09% | 4.8% | 99.9% | 78.77% |
Top 10 Holdings
- COMMON STOCK USD1.0 3.23%
- COMMON STOCK USD.0001 2.76%
- COMMON STOCK USD.01 2.58%
- COMMON STOCK 2.46%
- COMMON STOCK USD.01 2.06%
- COMMON STOCK 1.99%
- COMMON STOCK USD1.0 1.89%
- COMMON STOCK 1.77%
- COMMON STOCK USD.75 1.69%
- COMMON STOCK USD1.666 1.66%
Asset Allocation
Weighting | Return Low | Return High | MDVSX % Rank | |
---|---|---|---|---|
Stocks | 98.44% | 1.86% | 108.42% | 51.59% |
Other | 0.78% | -3.53% | 39.72% | 12.66% |
Preferred Stocks | 0.64% | 0.00% | 13.88% | 7.49% |
Convertible Bonds | 0.17% | 0.00% | 3.66% | 3.97% |
Cash | 0.14% | -0.79% | 38.18% | 90.35% |
Bonds | 0.00% | -0.71% | 73.23% | 65.81% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MDVSX % Rank | |
---|---|---|---|---|
Financial Services | 24.05% | 0.00% | 58.05% | 13.18% |
Healthcare | 19.95% | 0.00% | 30.08% | 19.69% |
Industrials | 10.06% | 0.00% | 42.76% | 66.26% |
Technology | 9.20% | 0.00% | 54.02% | 64.09% |
Consumer Defense | 7.32% | 0.00% | 34.10% | 67.82% |
Energy | 6.95% | 0.00% | 54.00% | 66.35% |
Consumer Cyclical | 6.88% | 0.00% | 22.74% | 36.77% |
Utilities | 6.87% | 0.00% | 27.04% | 19.25% |
Basic Materials | 3.99% | 0.00% | 21.69% | 34.08% |
Communication Services | 3.23% | 0.00% | 26.58% | 79.44% |
Real Estate | 1.49% | 0.00% | 90.54% | 68.86% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MDVSX % Rank | |
---|---|---|---|---|
US | 96.29% | 1.86% | 108.42% | 64.17% |
Non US | 2.15% | 0.00% | 27.89% | 24.20% |
MDVSX - Expenses
Operational Fees
MDVSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.71% | 0.03% | 14.82% | 72.60% |
Management Fee | 0.50% | 0.00% | 1.50% | 33.85% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.10% | 0.00% | 0.50% | 51.90% |
Sales Fees
MDVSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
MDVSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
MDVSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 60.00% | 0.00% | 488.00% | 72.96% |
MDVSX - Distributions
Dividend Yield Analysis
MDVSX | Category Low | Category High | MDVSX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.05% | 0.00% | 38.45% | 98.45% |
Dividend Distribution Analysis
MDVSX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
MDVSX | Category Low | Category High | MDVSX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.74% | -1.51% | 4.28% | 27.75% |
Capital Gain Distribution Analysis
MDVSX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 15, 2022 | $1.479 | OrdinaryDividend |
Dec 15, 2020 | $0.233 | OrdinaryDividend |
Dec 17, 2019 | $0.836 | OrdinaryDividend |
Dec 18, 2018 | $0.252 | OrdinaryDividend |
Dec 18, 2017 | $0.403 | OrdinaryDividend |
Dec 16, 2016 | $0.323 | OrdinaryDividend |
Dec 16, 2015 | $0.199 | OrdinaryDividend |
Aug 31, 2015 | $0.046 | ExtraDividend |
Dec 16, 2014 | $0.238 | OrdinaryDividend |
Dec 17, 2013 | $0.155 | OrdinaryDividend |
Dec 18, 2012 | $0.202 | OrdinaryDividend |
Dec 16, 2011 | $0.129 | OrdinaryDividend |
Dec 16, 2010 | $0.227 | OrdinaryDividend |
Aug 26, 2010 | $0.032 | ExtraDividend |
Dec 16, 2009 | $0.145 | OrdinaryDividend |
Dec 19, 2008 | $0.288 | OrdinaryDividend |
Dec 17, 2007 | $0.258 | OrdinaryDividend |
Dec 26, 2006 | $0.211 | OrdinaryDividend |
Dec 29, 2005 | $0.150 | OrdinaryDividend |
Dec 30, 2004 | $0.053 | OrdinaryDividend |
MDVSX - Fund Manager Analysis
Managers
Joseph Kirby
Start Date
Tenure
Tenure Rank
Jan 11, 2010
12.39
12.4%
Joe is the lead portfolio manager for the Diversified Large Cap Value Equity strategy. He serves as a portfolio manager and securities analyst on the Diversified Value Equity team. Joe contributes to the quantitative and fundamental analysis of securities for the Diversified Value Equity portfolios by consistently applying Brandywine Global's disciplined management exclusionary process. Since joining the Firm and Diversified Team in 1994, Joe has been involved in each aspect of the portfolio process, including leading the trading efforts for all Diversified portfolios from 1997 through 2000. Prior to joining Brandywine Global, he was with CoreStates Financial Corporation as an auditor (1992-1994). Joe earned a B.S. in Finance from DeSales University.
Steven Tonkovich
Start Date
Tenure
Tenure Rank
Jan 11, 2010
12.39
12.4%
Steve M. Tonkovich is a portfolio manager. Mr. Tonkovich, Managing Director and Portfolio Manager of Brandywine Global, is co-lead portfolio manager of the Diversified Value Equity strategies. He plays an integral role in the team’s continual refinement of the Diversified Value Equity investment process and the firm’s ongoing research into value investing. Prior to joining the firm in 1989, he was with the Wharton School of the University of Pennsylvania as a research analyst in the Finance Department (1987 – 1989); and the Moore School of Electrical Engineering of the University of Pennsylvania as a research assistant (1986 – 1987). Mr. Tonkovich is a member of the firm’s Executive Board.
Henry Otto
Start Date
Tenure
Tenure Rank
Jan 11, 2010
12.39
12.4%
Henry is the founder and co-lead portfolio manager of the Diversified Value Equity strategies. Prior to joining Brandywine Global in 1988, he was with Dimensional Fund Advisors, Inc., where he managed and traded small cap portfolios and developed computer systems to structure portfolios and analyze performance (1984-1987), and the Chicago Board of Trade as a financial economist developing financial-based futures and options (1982-1984). He earned both an M.B.A. in Finance and Economics and a B.A. in Economics from the University of Chicago. Henry is a member of the Firm's Executive Board.
John Linehan
Start Date
Tenure
Tenure Rank
Sep 21, 2017
4.69
4.7%
John Linehan is the portfolio manager for the Equity Income Strategy and co-portfolio manager of the US Large-Cap Value Strategy for T. Rowe Price. In addition, he is the chief investment officer of Equity and a member of the firm's US Equity Steering, Equity Brokerage and Trading Control, and Counterparty Risk Committees. Mr. Linehan is Chairman of the Investment Advisory Committee at T. Rowe. He is a large-cap value portfolio manager in the U.S. Equity Division and also co-chair of the Investment Advisory Committee for the Institutional Large-Cap Value Strategy. From February 2010 to June 2014, Mr. Linehan was head of U.S. Equity and chairman of the U.S. Equity Steering Committee. He is a member of the firm's U.S. Equity Steering, Equity Brokerage and Trading Control, and Counterparty Risk Committees. He earned a B.A. from Amherst College and an M.B.A. from Stanford University, where he was the Henry Ford II Scholar, an Arjay Miller Scholar, and the winner of the Alexander A. Robichek Award in finance. Mr. Linehan is a CFA® charterholder.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.05 | 86.59 | 8.02 | 16.42 |