MassMutual RetireSMART by JPM 2010 Svc
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-3.8%
1 yr return
-3.7%
3 Yr Avg Return
4.0%
5 Yr Avg Return
2.7%
Net Assets
$42.5 M
Holdings in Top 10
70.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.60%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 59.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MRXSX - Profile
Distributions
- YTD Total Return 2.8%
- 3 Yr Annualized Total Return 4.0%
- 5 Yr Annualized Total Return 2.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.41%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Semi-Annually
Fund Details
-
Legal NameMassMutual RetireSMART by JPMorgan 2010 Fund
-
Fund Family NameMassMutual
-
Inception DateDec 31, 2003
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerFrederick(Rick) Schulitz
Fund Description
MRXSX - Performance
Return Ranking - Trailing
Period | MRXSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -3.8% | -4.1% | 16.7% | 99.65% |
1 Yr | -3.7% | -17.8% | 4.4% | 92.36% |
3 Yr | 4.0%* | -18.7% | 8.8% | 90.08% |
5 Yr | 2.7%* | -12.4% | 7.7% | 73.13% |
10 Yr | 7.1%* | -6.0% | 8.7% | 69.56% |
* Annualized
Return Ranking - Calendar
Period | MRXSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -8.0% | -25.1% | 0.0% | 12.04% |
2022 | 8.5% | -36.9% | 20.0% | 69.33% |
2021 | 2.6% | -5.2% | 8.1% | 67.92% |
2020 | -4.9% | -25.3% | -0.8% | 37.11% |
2019 | 1.0% | -49.7% | 34.8% | 51.73% |
Total Return Ranking - Trailing
Period | MRXSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.8% | -3.9% | 16.7% | 99.43% |
1 Yr | -3.7% | -17.8% | 6.9% | 53.64% |
3 Yr | 4.0%* | -18.7% | 11.5% | 70.89% |
5 Yr | 2.7%* | -12.4% | 8.1% | 77.01% |
10 Yr | 7.1%* | -4.2% | 12.1% | 80.72% |
* Annualized
Total Return Ranking - Calendar
Period | MRXSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -3.8% | -25.1% | 0.0% | 5.81% |
2022 | 10.5% | -36.9% | 26.6% | 78.97% |
2021 | 5.6% | -4.7% | 12.3% | 66.57% |
2020 | -4.9% | -25.3% | 3.9% | 77.76% |
2019 | 1.0% | -47.6% | 39.2% | 86.89% |
MRXSX - Holdings
Concentration Analysis
MRXSX | Category Low | Category High | MRXSX % Rank | |
---|---|---|---|---|
Net Assets | 42.5 M | 1.29 M | 42.8 B | 82.04% |
Number of Holdings | 32 | 2 | 138 | 15.77% |
Net Assets in Top 10 | 30.2 M | 1.09 M | 42.7 B | 85.15% |
Weighting of Top 10 | 70.69% | 17.8% | 111.1% | 75.60% |
Top 10 Holdings
- MassMutual Premier Core Bond I 19.72%
- MassMutual Premier Infl-Prot and Inc I 9.14%
- MM Select Equity Asset I 7.93%
- MassMutual Premier High Yield I 6.75%
- MassMutual Select Strategic Bond I 6.68%
- MassMutual Select Total Return Bond I 6.65%
- Vanguard Total Bond Market Index Adm 5.08%
- MassMutual Select Overseas I 3.82%
- Barings Global Floating Rate Y 2.55%
- JPMorgan International Rsrch Enh Eq R6 2.37%
Asset Allocation
Weighting | Return Low | Return High | MRXSX % Rank | |
---|---|---|---|---|
Bonds | 56.63% | 0.03% | 137.62% | 11.88% |
Stocks | 32.53% | 0.08% | 97.49% | 91.73% |
Cash | 10.15% | -100.79% | 30.94% | 10.33% |
Other | 0.46% | -0.46% | 74.41% | 17.82% |
Convertible Bonds | 0.17% | 0.00% | 3.23% | 32.04% |
Preferred Stocks | 0.08% | 0.00% | 7.14% | 37.34% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MRXSX % Rank | |
---|---|---|---|---|
Financial Services | 5.51% | 1.51% | 18.80% | 89.46% |
Technology | 5.12% | 0.91% | 20.66% | 91.01% |
Consumer Cyclical | 4.24% | 0.85% | 12.79% | 84.01% |
Industrials | 3.54% | 0.75% | 13.93% | 87.12% |
Healthcare | 3.50% | 0.62% | 13.46% | 90.80% |
Real Estate | 3.03% | 0.25% | 18.90% | 47.20% |
Consumer Defense | 2.54% | 0.74% | 17.35% | 90.02% |
Energy | 1.59% | 0.36% | 6.45% | 92.43% |
Basic Materials | 1.57% | 0.20% | 5.40% | 86.48% |
Communication Services | 0.83% | 0.30% | 4.78% | 91.44% |
Utilities | 0.67% | 0.03% | 5.43% | 92.64% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MRXSX % Rank | |
---|---|---|---|---|
US | 17.78% | 0.07% | 66.19% | 91.94% |
Non US | 14.75% | 0.00% | 46.35% | 79.70% |
Bond Sector Breakdown
Weighting | Return Low | Return High | MRXSX % Rank | |
---|---|---|---|---|
Government | 21.31% | 0.00% | 137.62% | 18.81% |
Corporate | 17.99% | 0.00% | 54.72% | 16.62% |
Securitized | 17.15% | 0.00% | 60.24% | 6.29% |
Cash & Equivalents | 10.00% | -120.10% | 30.94% | 10.96% |
Municipal | 0.27% | 0.00% | 3.09% | 12.87% |
Derivative | 0.09% | -2.76% | 15.93% | 7.50% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MRXSX % Rank | |
---|---|---|---|---|
US | 48.45% | 0.03% | 137.62% | 14.85% |
Non US | 8.18% | 0.00% | 22.80% | 11.95% |
MRXSX - Expenses
Operational Fees
MRXSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.60% | 0.00% | 6.01% | 49.26% |
Management Fee | 0.00% | 0.00% | 0.95% | 42.22% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.15% | 0.00% | 0.40% | 65.09% |
Sales Fees
MRXSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
MRXSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 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.
MRXSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 59.00% | 0.00% | 106.00% | 91.65% |
MRXSX - Distributions
Dividend Yield Analysis
MRXSX | Category Low | Category High | MRXSX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 0.05% | 0.35% |
Dividend Distribution Analysis
MRXSX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Net Income Ratio Analysis
MRXSX | Category Low | Category High | MRXSX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.41% | -0.99% | 35.20% | 10.83% |
Capital Gain Distribution Analysis
MRXSX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 24, 2018 | $0.516 | |
Dec 26, 2017 | $0.221 | |
Dec 23, 2016 | $0.328 | |
Aug 27, 2010 | $0.226 | |
Dec 22, 2008 | $0.426 | |
Dec 21, 2007 | $0.404 | |
Aug 29, 2007 | $0.006 | |
Dec 28, 2006 | $0.329 | |
Dec 30, 2005 | $0.324 | |
Dec 31, 2004 | $0.181 |
MRXSX - Fund Manager Analysis
Managers
Frederick(Rick) Schulitz
Start Date
Tenure
Tenure Rank
Dec 01, 2006
12.09
12.1%
Mr. Schulitz, an Investment Director and portfolio manager, joined MML Advisers in 2014. Mr. Schulitz is also an Investment Director for the Retirement Services Investment Services Division of MassMutual, which he joined in 2006. Prior to joining MassMutual, Mr. Schulitz held Director positions at Prudential Retirement and ING.
Daniel Oldroyd
Start Date
Tenure
Tenure Rank
Sep 24, 2018
0.27
0.3%
Daniel Oldroyd, CFA, CAIA, Managing Director, is a portfolio manager for the Global Multi-Asset Group, focusing on the JPMorgan SmartRetirement target-date funds. An employee since 2000, he has held several positions including that of investment strategist for JPMorgan Retirement Plan Services responsible for communicating investment management information to Retirement Plan Services' clients and providing ongoing monitoring of plan's investment options. Prior to this, he was responsible for manager research of nonproprietary investment managers for JPMorgan Retirement Plan Services. Dan holds a B.S. with honors in finance and international business from Georgetown University. Dan is a CFA and CAIA charterholder, holds NASD Series 7 and 63 licenses, and is a member of NYSSA, The CFA Institute, and the CAIA Association.
Anne Lester
Start Date
Tenure
Tenure Rank
Sep 24, 2018
0.27
0.3%
Anne Lester, Managing Director, is a senior portfolio manager with JPMorgan Asset Management's Global Multi-Asset Group (GMAG). Since joining GMAG in 2000, Anne has been responsible for the JPMorgan's defined contribution asset allocation products . She is also the portfolio manager for a number of defined benefit plans. Anne joined the firm in 1992 as a fixed income and currency trader and portfolio manager in the firm’s Milan office, and relocated to the New York office in 1997. Prior to joining the firm, Anne was awarded a Fulbright Scholarship in 1990 and spent over a year in Tokyo, working for a member of the Japanese Parliament. Previously, she worked for the Senate Governmental Affairs Committee. Anne holds an A.B. in politics from Princeton University and an M.A. in international economics and Japan studies from the Johns Hopkins University School for Advanced International Studies.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
2.75 | 12.42 | 8.6 | 7.5 |