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MassMutual Small Cap Value Equity Fund
mutual fund
MMQTX
Payout Change
Pending
Price as of:
$8.77
+0.04
+0.46%
primary theme
U.S. Small-Cap Blend Equity
MMQTX (Mutual Fund)
MassMutual Small Cap Value Equity Fund
Payout Change
Pending
Price as of:
$8.77
+0.04
+0.46%
primary theme
U.S. Small-Cap Blend Equity
MMQTX (Mutual Fund)
MassMutual Small Cap Value Equity Fund
Payout Change
Pending
Price as of:
$8.77
+0.04
+0.46%
primary theme
U.S. Small-Cap Blend Equity
Name
As of 12/11/2024Price
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
14.5%
1 yr return
40.2%
3 Yr Avg Return
7.2%
5 Yr Avg Return
9.2%
Net Assets
$45.2 M
Holdings in Top 10
18.9%
52 WEEK LOW AND HIGH
$8.7
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.96%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 23.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/11/2024Price
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
MMQTX - Profile
Distributions
- YTD Total Return 14.5%
- 3 Yr Annualized Total Return 7.2%
- 5 Yr Annualized Total Return 9.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.66%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameMassMutual Small Cap Value Equity Fund
-
Fund Family NameMASSMUTUAL FUNDS
-
Inception DateApr 01, 2014
-
Shares OutstandingN/A
-
Share ClassR3
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerTimothy McCormack
Fund Description
Principal Investment Strategies
The Fund invests primarily in common stocks of small-capitalization companies that the Fund’s subadvisers believe are undervalued. Under normal circumstances, the Fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of companies whose market capitalizations at the time of purchase are within the market capitalization range of companies included in the Russell 2000® Index or the S&P SmallCap 600 Index (as of December 31, 2023, between $16.95 million and $15.88 billion). Equity securities may include common stocks, preferred stock, rights, and warrants. The Fund typically invests most of its
assets in U.S. companies, but may invest up to 20% of its total assets in foreign securities, including emerging market securities. The Fund may at times have significant exposure to one or more industries or sectors. The Fund may hold a portion of its assets in cash or cash equivalents.
The Fund is managed by two subadvisers, Wellington Management Company LLP (“Wellington Management”) and Barrow, Hanley, Mewhinney & Strauss, LLC. (“Barrow Hanley”), each being responsible for a portion of the portfolio, although they may manage different amounts of the Fund’s assets. Each subadviser employs a value-based investment approach and may perform a number of analyses in considering whether to buy or sell a security for the Fund. In selecting investments for the Fund, Wellington Management generally employs a bottom-up stock selection process that utilizes proprietary, fundamental research to identify companies it considers to be undervalued and to have the potential for significant longer-term returns. In selecting securities for the Fund, Barrow Hanley typically seeks to exploit market inefficiencies by using proprietary research to identify small capitalization companies that it considers to be undervalued and to have the potential to generate superior returns while subjecting the Fund to below average levels of risk. Each subadviser may consider selling a stock for the Fund if, in its judgment, the security has reached its target price, has failed to perform as expected, or other opportunities appear more attractive.
MMQTX - Performance
Return Ranking - Trailing
| Period | MMQTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 14.5% | -1.5% | 40.1% | 77.52% |
| 1 Yr | 40.2% | 0.0% | 49.5% | 72.95% |
| 3 Yr | 7.2%* | -11.3% | 45.7% | 28.32% |
| 5 Yr | 9.2%* | -12.3% | 38.2% | 67.67% |
| 10 Yr | 8.2%* | -2.8% | 18.6% | 73.18% |
* Annualized
Return Ranking - Calendar
| Period | MMQTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -1.8% | -19.9% | 29.0% | 96.56% |
| 2022 | -24.1% | -59.3% | 118.2% | 76.73% |
| 2021 | -7.6% | -31.6% | 39.3% | 93.75% |
| 2020 | 3.0% | -51.0% | 39.5% | 80.76% |
| 2019 | 14.4% | -5.6% | 37.8% | 87.03% |
Total Return Ranking - Trailing
| Period | MMQTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 14.5% | -1.5% | 40.1% | 77.52% |
| 1 Yr | 40.2% | 0.0% | 49.5% | 72.95% |
| 3 Yr | 7.2%* | -11.3% | 45.7% | 28.32% |
| 5 Yr | 9.2%* | -12.3% | 38.2% | 67.67% |
| 10 Yr | 8.2%* | -2.8% | 18.6% | 73.18% |
* Annualized
Total Return Ranking - Calendar
| Period | MMQTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 15.4% | -11.7% | 31.8% | 64.05% |
| 2022 | -10.6% | -45.2% | 123.7% | 11.92% |
| 2021 | 21.6% | 0.0% | 45.6% | 60.74% |
| 2020 | 6.3% | -50.5% | 46.9% | 80.96% |
| 2019 | 25.7% | 2.2% | 40.9% | 36.61% |
NAV & Total Return History
MMQTX - Holdings
Concentration Analysis
| MMQTX | Category Low | Category High | MMQTX % Rank | |
|---|---|---|---|---|
| Net Assets | 45.2 M | 555 K | 145 B | 91.44% |
| Number of Holdings | 119 | 2 | 2445 | 58.94% |
| Net Assets in Top 10 | 7.88 M | 124 K | 10.3 B | 91.25% |
| Weighting of Top 10 | 18.94% | 3.1% | 100.1% | 40.46% |
Top 10 Holdings
- COMMON STOCK 3.05%
- COMMON STOCK USD.2 2.04%
- COMMON STOCK USD.1 1.91%
- COMMON STOCK ILS15.0 1.81%
- COMMON STOCK USD.1 1.81%
- FIXED INC CLEARING CORP.REPO 1.75%
- COMMON STOCK USD.01 1.73%
- COMMON STOCK 1.69%
- COMMON STOCK USD.01 1.61%
- COMMON STOCK 1.53%
Asset Allocation
| Weighting | Return Low | Return High | MMQTX % Rank | |
|---|---|---|---|---|
| Stocks | 98.23% | 4.44% | 107.74% | 61.98% |
| Other | 1.75% | -0.07% | 49.08% | 11.60% |
| Cash | 0.02% | 0.00% | 27.02% | 93.16% |
| Preferred Stocks | 0.00% | 0.00% | 5.13% | 16.35% |
| Convertible Bonds | 0.00% | 0.00% | 3.17% | 15.24% |
| Bonds | 0.00% | 0.00% | 102.81% | 21.86% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MMQTX % Rank | |
|---|---|---|---|---|
| Industrials | 28.27% | 2.46% | 37.42% | 3.08% |
| Financial Services | 18.42% | 0.00% | 35.52% | 19.23% |
| Technology | 15.17% | 0.00% | 43.95% | 32.88% |
| Consumer Cyclical | 11.35% | 0.99% | 47.79% | 50.38% |
| Healthcare | 5.95% | 0.00% | 26.53% | 91.35% |
| Basic Materials | 5.94% | 0.00% | 18.66% | 22.88% |
| Real Estate | 5.56% | 0.00% | 29.43% | 67.69% |
| Consumer Defense | 4.70% | 0.00% | 18.87% | 33.08% |
| Utilities | 2.38% | 0.00% | 18.58% | 53.08% |
| Communication Services | 1.22% | 0.00% | 14.85% | 84.42% |
| Energy | 1.04% | 0.00% | 37.72% | 89.81% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MMQTX % Rank | |
|---|---|---|---|---|
| US | 98.23% | 2.58% | 107.74% | 53.04% |
| Non US | 0.00% | 0.00% | 97.07% | 27.95% |
MMQTX - Expenses
Operational Fees
| MMQTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.96% | 0.01% | 38.30% | 9.73% |
| Management Fee | 0.75% | 0.00% | 1.50% | 51.53% |
| 12b-1 Fee | 0.50% | 0.00% | 1.00% | 71.67% |
| Administrative Fee | 0.20% | 0.01% | 0.45% | 75.00% |
Sales Fees
| MMQTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| MMQTX 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.
| MMQTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 23.00% | 1.00% | 314.00% | 18.76% |
MMQTX - Distributions
Dividend Yield Analysis
| MMQTX | Category Low | Category High | MMQTX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 42.47% | 84.79% |
Dividend Distribution Analysis
| MMQTX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | SemiAnnual |
Net Income Ratio Analysis
| MMQTX | Category Low | Category High | MMQTX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.66% | -2.40% | 2.49% | 91.73% |
Capital Gain Distribution Analysis
| MMQTX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 13, 2023 | $0.175 | CapitalGainShortTerm |
| Dec 13, 2023 | $1.111 | CapitalGainLongTerm |
| Dec 14, 2022 | $1.421 | OrdinaryDividend |
| Dec 16, 2021 | $0.766 | CapitalGainShortTerm |
| Dec 16, 2021 | $2.352 | CapitalGainLongTerm |
| Dec 14, 2020 | $0.005 | CapitalGainShortTerm |
| Dec 14, 2020 | $0.342 | CapitalGainLongTerm |
| Dec 16, 2019 | $0.010 | CapitalGainShortTerm |
| Dec 16, 2019 | $1.041 | CapitalGainLongTerm |
| Dec 17, 2018 | $0.178 | CapitalGainShortTerm |
| Dec 17, 2018 | $4.552 | CapitalGainLongTerm |
| Dec 15, 2017 | $0.045 | CapitalGainShortTerm |
| Dec 15, 2017 | $1.959 | CapitalGainLongTerm |
| Dec 15, 2016 | $0.057 | CapitalGainShortTerm |
| Dec 15, 2016 | $0.834 | CapitalGainLongTerm |
| Dec 15, 2015 | $0.502 | CapitalGainLongTerm |
| Dec 15, 2015 | $0.008 | OrdinaryDividend |
| Aug 28, 2015 | $0.001 | ExtraDividend |
| Dec 15, 2014 | $0.028 | OrdinaryDividend |
MMQTX - Fund Manager Analysis
Managers
Timothy McCormack
Start Date
Tenure
Tenure Rank
Oct 05, 2009
12.66
12.7%
Mr. McCormack began his investment career in 1991. He joined Wellington Management as an investment professional in 2000. McCormack is a member of the New York Society of Security Analysts. Mr. McCormack holds the Chartered Financial Analyst designation.
Shaun Pedersen
Start Date
Tenure
Tenure Rank
Oct 05, 2009
12.66
12.7%
Shaun F. Pederson, began his investment career in 1991. Mr. Pedersen joined Wellington Management as an investment professional in 2004. He has been involved in portfolio management and securities analysis for the Trust since joining the firm. Prior to joining Wellington Management, Mr. Pedersen was an investment professional at Thomas Weisel Asset Management (2001-2004) and at The Boston Company (1996-2000).
James McClure
Start Date
Tenure
Tenure Rank
Oct 05, 2009
12.66
12.7%
Mr. McClure joined BHMS in 1995 from Goldman Sachs Asset Management, where he had been a vice president and senior portfolio manager, managing the Capital Growth Fund, as well as separate accounts. During his 46-year investment career, he has served as the Chief Investment Officer, and then President and Chief Operating Officer at National Securities and Research Corporation. He also served as the Chief Investment Officer and executive vice president at Oppenheimer & Co., Inc. He managed mutual funds at American Capital Management and Research and was initially a securities analyst at American National Insurance Company. Mr. McClure graduated from the University of Texas where he earned both his BA and MBA.
Edmond Griffin
Start Date
Tenure
Tenure Rank
Feb 01, 2020
2.33
2.3%
Edmond C. Griffin, CFA, Managing Director and Equity Portfolio Manager of Wellington Management, joined the firm as an investment professional in 2008. Mr. Griffin has served as portfolio manager for the Fund since December 2019 and has been involved in investment and securities analysis for the Fund since 2008.
Coleman Hubbard
Start Date
Tenure
Tenure Rank
Jan 31, 2020
2.33
2.3%
Mr. Hubbard joined Barrow Hanley in 2012 as an equity analyst, working with the Small Cap Value team. He was promoted to the portfolio management team in January of 2020. Mr. Hubbard began his investment career as an analyst at Bank of America Merrill Lynch. He graduated from Davidson College, where he earned a BA in Economics. Mr. Hubbard is a CFA Charterholder.
Danielle Williams
Start Date
Tenure
Tenure Rank
Feb 01, 2022
0.33
0.3%
Danielle S. Williams, CFA has served as a portfolio manager of a portion of the Small Cap Value Equity Fund since 2022. Ms. Williams is a Managing Director and Equity Research Analyst of Wellington Management and joined the firm as an investment professional in 2014.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 49.61 | 7.17 | 2.58 |
