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MM S&P 500 Index Fund
mutual fund
MIEYX
Payout Change
Pending
Price as of:
$17.93
+0.0
+0.0%
primary theme
U.S. Large-Cap Blend Equity
share class
MIEYX (Mutual Fund)
MM S&P 500 Index Fund
Payout Change
Pending
Price as of:
$17.93
+0.0
+0.0%
primary theme
U.S. Large-Cap Blend Equity
share class
MIEYX (Mutual Fund)
MM S&P 500 Index Fund
Payout Change
Pending
Price as of:
$17.93
+0.0
+0.0%
primary theme
U.S. Large-Cap Blend Equity
share class
Name
As of 10/02/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
20.5%
1 yr return
36.3%
3 Yr Avg Return
10.6%
5 Yr Avg Return
15.8%
Net Assets
$2.76 B
Holdings in Top 10
35.7%
52 WEEK LOW AND HIGH
$17.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.49%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 4.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/02/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
MIEYX - Profile
Distributions
- YTD Total Return 20.5%
- 3 Yr Annualized Total Return 10.6%
- 5 Yr Annualized Total Return 15.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.01%
- Dividend Yield 0.9%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameMM S&P 500 Index Fund
-
Fund Family NameMASSMUTUAL FUNDS
-
Inception DateSep 08, 1999
-
Shares OutstandingN/A
-
Share ClassAdmin
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBrent Reeder
Fund Description
Principal Investment Strategies
Under normal circumstances, the Fund invests at least 80% (and, typically, substantially all) of its net assets (plus the amount of any borrowings for investment purposes) in the equity securities of companies included within the S&P 500® Index* (“Index”). The Fund invests in the equity securities of companies included in the Index in weightings that approximate the relative composition of the securities contained in the Index, and in S&P 500 Index futures contracts. The Index is a widely recognized, unmanaged index representative of common stocks of larger capitalized U.S. companies. As of December 31, 2023, the market capitalization range of companies included in the Index was $6.50 billion to $2.99 trillion. If the securities represented in the Index were to become concentrated in any particular industry, the Fund’s investments would likewise be concentrated in securities of issuers in that industry; the Index is not currently concentrated in any single industry.
The Fund is passively managed, which means it tries to replicate the investment composition and performance of the Index by using computer programs and statistical procedures. The Fund’s subadviser, Northern Trust Investments, Inc. (“NTI”), will buy and sell securities in response to changes in the Index. The Fund may use Index
*
Read More
The “S&P 500 Index” is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”), and has been licensed for use by MassMutual. S&P®, S&P 500®, US 500, The 500, iBoxx®, iTraxx® and CDX® are trademarks of S&P Global, Inc. or its affiliates (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by MassMutual. The Fund is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 Index.
futures contracts, a type of derivative, to gain exposure to the Index in lieu of investing in cash, or to reduce its exposure to the Index while it sells the securities in its portfolio. Use of Index futures contracts by the Fund may create investment leverage. Because the Fund, unlike the Index, is subject to fees and transaction expenses, the Fund’s returns are likely to be less than those of the Index. NTI expects that, under normal circumstances, the annual performance of the Fund, before fees and expenses, will track the performance of the Index within a 0.95 correlation coefficient.
MIEYX - Performance
Return Ranking - Trailing
| Period | MIEYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 20.5% | 3.4% | 32.8% | 42.59% |
| 1 Yr | 36.3% | 9.5% | 52.3% | 45.02% |
| 3 Yr | 10.6%* | -10.5% | 17.1% | 35.36% |
| 5 Yr | 15.8%* | -7.9% | 112.3% | 30.90% |
| 10 Yr | 12.8%* | 0.0% | 52.9% | 22.00% |
* Annualized
Return Ranking - Calendar
| Period | MIEYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 17.2% | -42.6% | 47.4% | 58.04% |
| 2022 | -38.2% | -56.3% | -4.2% | 98.20% |
| 2021 | 12.8% | -27.2% | 537.8% | 68.13% |
| 2020 | 1.0% | -22.5% | 2181.7% | 92.32% |
| 2019 | 23.0% | -13.5% | 40.4% | 51.76% |
Total Return Ranking - Trailing
| Period | MIEYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 20.5% | 3.4% | 32.8% | 42.59% |
| 1 Yr | 36.3% | 9.5% | 52.3% | 45.02% |
| 3 Yr | 10.6%* | -10.5% | 17.1% | 35.36% |
| 5 Yr | 15.8%* | -7.9% | 112.3% | 30.90% |
| 10 Yr | 12.8%* | 0.0% | 52.9% | 22.00% |
* Annualized
Total Return Ranking - Calendar
| Period | MIEYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 25.6% | -5.0% | 47.4% | 35.47% |
| 2022 | -18.5% | -36.8% | -2.2% | 56.70% |
| 2021 | 28.2% | 3.0% | 537.8% | 30.87% |
| 2020 | 17.9% | -15.8% | 2266.0% | 43.66% |
| 2019 | 30.9% | -0.4% | 241.3% | 36.83% |
NAV & Total Return History
MIEYX - Holdings
Concentration Analysis
| MIEYX | Category Low | Category High | MIEYX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.76 B | 2.34 M | 1.55 T | 39.56% |
| Number of Holdings | 506 | 2 | 4002 | 18.20% |
| Net Assets in Top 10 | 821 M | 979 K | 517 B | 41.91% |
| Weighting of Top 10 | 35.72% | 0.3% | 112.9% | 55.08% |
Top 10 Holdings
- COMMON STOCK USD.00000625 7.24%
- COMMON STOCK USD.001 6.62%
- COMMON STOCK USD.00001 6.61%
- COMMON STOCK USD.01 3.85%
- COMMON STOCK USD.000006 2.41%
- COMMON STOCK USD.001 2.33%
- COMMON STOCK USD.001 1.95%
- COMMON STOCK USD.0033 1.60%
- COMMON STOCK 1.57%
- COMMON STOCK 1.52%
Asset Allocation
| Weighting | Return Low | Return High | MIEYX % Rank | |
|---|---|---|---|---|
| Stocks | 99.85% | 0.00% | 105.85% | 11.08% |
| Other | 0.31% | -13.91% | 100.00% | 16.02% |
| Bonds | 0.05% | 0.00% | 94.06% | 9.14% |
| Preferred Stocks | 0.00% | 0.00% | 2.53% | 15.78% |
| Convertible Bonds | 0.00% | 0.00% | 5.54% | 11.28% |
| Cash | 0.00% | 0.00% | 99.07% | 94.17% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MIEYX % Rank | |
|---|---|---|---|---|
| Technology | 25.58% | 0.00% | 48.94% | 27.27% |
| Healthcare | 13.70% | 0.00% | 60.70% | 70.59% |
| Financial Services | 13.22% | 0.00% | 55.59% | 60.38% |
| Consumer Cyclical | 11.83% | 0.00% | 30.33% | 23.81% |
| Communication Services | 9.36% | 0.00% | 27.94% | 26.11% |
| Industrials | 8.15% | 0.00% | 29.90% | 75.12% |
| Consumer Defense | 6.51% | 0.00% | 47.71% | 60.13% |
| Energy | 3.87% | 0.00% | 41.64% | 57.99% |
| Utilities | 2.74% | 0.00% | 20.91% | 47.36% |
| Real Estate | 2.72% | 0.00% | 31.91% | 51.73% |
| Basic Materials | 2.31% | 0.00% | 25.70% | 68.12% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MIEYX % Rank | |
|---|---|---|---|---|
| US | 99.85% | 0.00% | 105.85% | 9.63% |
| Non US | 0.00% | 0.00% | 64.54% | 29.61% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | MIEYX % Rank | |
|---|---|---|---|---|
| Derivative | 0.00% | -1.75% | 26.55% | 31.85% |
| Cash & Equivalents | 0.00% | 0.00% | 100.00% | 85.33% |
| Securitized | 0.00% | 0.00% | 52.16% | 9.25% |
| Corporate | 0.00% | 0.00% | 100.00% | 19.86% |
| Municipal | 0.00% | 0.00% | 2.10% | 8.32% |
| Government | 0.00% | 0.00% | 100.00% | 11.38% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | MIEYX % Rank | |
|---|---|---|---|---|
| US | 0.05% | 0.00% | 94.06% | 9.14% |
| Non US | 0.00% | 0.00% | 14.23% | 8.41% |
MIEYX - Expenses
Operational Fees
| MIEYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.49% | 0.01% | 19.75% | 74.35% |
| Management Fee | 0.10% | 0.00% | 1.90% | 10.41% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.35% | 0.00% | 0.85% | 94.85% |
Sales Fees
| MIEYX 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 | 1.00% | 5.00% | N/A |
Trading Fees
| MIEYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 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.
| MIEYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 4.00% | 0.00% | 268.00% | 7.08% |
MIEYX - Distributions
Dividend Yield Analysis
| MIEYX | Category Low | Category High | MIEYX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.93% | 0.00% | 25.47% | 90.59% |
Dividend Distribution Analysis
| MIEYX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annually | Quarterly | Quarterly |
Net Income Ratio Analysis
| MIEYX | Category Low | Category High | MIEYX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.01% | -54.00% | 2.44% | 32.23% |
Capital Gain Distribution Analysis
| MIEYX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 13, 2023 | $0.168 | OrdinaryDividend |
| Dec 13, 2023 | $0.004 | CapitalGainShortTerm |
| Dec 13, 2023 | $0.889 | CapitalGainLongTerm |
| Dec 14, 2022 | $4.222 | OrdinaryDividend |
| Dec 16, 2021 | $0.199 | OrdinaryDividend |
| Dec 16, 2021 | $0.032 | CapitalGainShortTerm |
| Dec 16, 2021 | $2.502 | CapitalGainLongTerm |
| Dec 14, 2020 | $0.322 | OrdinaryDividend |
| Dec 14, 2020 | $0.022 | CapitalGainShortTerm |
| Dec 14, 2020 | $2.625 | CapitalGainLongTerm |
| Dec 16, 2019 | $0.326 | OrdinaryDividend |
| Dec 16, 2019 | $0.001 | CapitalGainShortTerm |
| Dec 16, 2019 | $0.824 | CapitalGainLongTerm |
| Dec 17, 2018 | $0.012 | CapitalGainShortTerm |
| Dec 17, 2018 | $2.498 | CapitalGainLongTerm |
| Dec 17, 2018 | $0.297 | OrdinaryDividend |
| Dec 15, 2017 | $0.026 | CapitalGainShortTerm |
| Dec 15, 2017 | $3.971 | CapitalGainLongTerm |
| Dec 15, 2017 | $0.408 | OrdinaryDividend |
| Dec 15, 2016 | $0.008 | CapitalGainShortTerm |
| Dec 15, 2016 | $0.778 | CapitalGainLongTerm |
| Dec 15, 2016 | $0.376 | OrdinaryDividend |
| Dec 15, 2015 | $0.016 | CapitalGainShortTerm |
| Dec 15, 2015 | $0.342 | CapitalGainLongTerm |
| Dec 15, 2015 | $0.290 | OrdinaryDividend |
| Aug 28, 2015 | $0.001 | CapitalGainShortTerm |
| Aug 28, 2015 | $0.050 | CapitalGainLongTerm |
| Dec 15, 2014 | $0.022 | CapitalGainShortTerm |
| Dec 15, 2014 | $0.364 | CapitalGainLongTerm |
| Dec 15, 2014 | $0.282 | OrdinaryDividend |
| Dec 16, 2013 | $0.115 | CapitalGainLongTerm |
| Dec 16, 2013 | $0.292 | OrdinaryDividend |
| Dec 17, 2012 | $0.231 | OrdinaryDividend |
| Dec 15, 2011 | $0.139 | OrdinaryDividend |
| Dec 15, 2010 | $0.118 | OrdinaryDividend |
| Aug 25, 2010 | $0.046 | ExtraDividend |
| Dec 15, 2009 | $0.127 | OrdinaryDividend |
| Dec 18, 2008 | $0.215 | OrdinaryDividend |
| Aug 25, 2008 | $0.000 | ExtraDividend |
| Aug 25, 2008 | $0.044 | CapitalGainLongTerm |
| Dec 14, 2007 | $0.217 | OrdinaryDividend |
| Dec 22, 2006 | $0.180 | OrdinaryDividend |
| Aug 28, 2006 | $0.001 | OrdinaryDividend |
| Dec 28, 2005 | $0.154 | OrdinaryDividend |
| Dec 29, 2004 | $0.161 | OrdinaryDividend |
| Aug 28, 2003 | $0.001 | OrdinaryDividend |
| Aug 27, 2002 | $0.001 | OrdinaryDividend |
| Dec 26, 2001 | $0.098 | OrdinaryDividend |
MIEYX - Fund Manager Analysis
Managers
Brent Reeder
Start Date
Tenure
Tenure Rank
Apr 02, 2007
15.17
15.2%
Brent Reeder, Senior Vice President at The Northern Trust Company, Chicago, is the Team Leader-Domestic Index in the Quantitative Management Group of Northern Trust Global Investments (NTGI). Before his current role, he was a Portfolio Manager in the Quantitative Management Group of NTGI, responsible for the management of index portfolios. Brent has a broad range of expertise in both large capitalization and small capitalization index mandates. Prior to this, Brent spent five years in trust operations as a team leader of the Foundations and Endowments team. He received a B.A. degree in Economics from DePauw University and an M.B.A. degree in Finance from DePaul University. Brent is an Associated Person with the National Futures Association.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 39.02 | 7.24 | 2.42 |
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