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Trending ETFs

MassMutual Strategic Emerging Markets Fund

mutual fund
MPASX
Payout Change
Suspended
Price as of:
$10.2 -0.13 -1.26%
primary theme
Emerging Markets Equity
share class
A (MPASX) Admin (MPLSX) R3 (MPZRX) R5 (MPSMX) I (MPZSX) S (MPEYX) R4 (MPRSX)
MPASX (Mutual Fund)

MassMutual Strategic Emerging Markets Fund

Payout Change
Suspended
Price as of:
$10.2 -0.13 -1.26%
primary theme
Emerging Markets Equity
share class
A (MPASX) Admin (MPLSX) R3 (MPZRX) R5 (MPSMX) I (MPZSX) S (MPEYX) R4 (MPRSX)
MPASX (Mutual Fund)

MassMutual Strategic Emerging Markets Fund

Payout Change
Suspended
Price as of:
$10.2 -0.13 -1.26%
primary theme
Emerging Markets Equity
share class
A (MPASX) Admin (MPLSX) R3 (MPZRX) R5 (MPSMX) I (MPZSX) S (MPEYX) R4 (MPRSX)

Name

As of 12/10/2024

Price

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

MassMutual Strategic Emerging Markets Fund

MPASX | Fund

$10.20

$101 M

0.00%

1.88%

Vitals

YTD Return

2.2%

1 yr return

6.8%

3 Yr Avg Return

-7.1%

5 Yr Avg Return

-1.9%

Net Assets

$101 M

Holdings in Top 10

45.3%

52 WEEK LOW AND HIGH

$10.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.88%

SALES FEES

Front Load 5.50%

Deferred Load N/A

TRADING FEES

Turnover 48.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/10/2024

Price

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

MassMutual Strategic Emerging Markets Fund

MPASX | Fund

$10.20

$101 M

0.00%

1.88%

MPASX - Profile

Distributions

  • YTD Total Return 2.2%
  • 3 Yr Annualized Total Return -7.1%
  • 5 Yr Annualized Total Return -1.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.36%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    MassMutual Strategic Emerging Markets Fund
  • Fund Family Name
    MASSMUTUAL FUNDS
  • Inception Date
    Nov 03, 2008
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Justin Leverenz

Fund Description

Principal Investment Strategies
The Fund mainly invests in common stocks of issuers in developing and emerging markets throughout the world and at times it may invest up to 100% of its total assets in foreign securities. Under normal market conditions, the Fund will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of issuers whose principal activities are in a developing (or emerging) market, i.e. are in a developing market or are economically tied to a developing market country. The Fund will invest in at least three developing markets. The Fund focuses on companies with above-average earnings growth. 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.
In general, countries may be considered developing or emerging markets if they are included in any one of the MSCI emerging markets indexes or excluded from an index that captures representation across developed market countries, classified as a developing or emerging market, or classified under a similar or corresponding classification, by organizations such as the World Bank and the International Monetary Fund, or have economies, industries, and stock markets with similar characteristics as such countries. For purposes of the Fund’s investments, a determination that an issuer is economically tied to a developing market country is based on factors including, but not limited to, geographic location of its primary trading markets, location of its assets, its domicile or its principal offices, or whether it receives revenues from a developing market. Such a determination can also be based, in whole or in part, on inclusion of an issuer or its securities in an index representative of developing or emerging markets, or on its “country of risk” being a developing market country as determined by a third-party service provider such as Bloomberg.
The Fund can invest in common and preferred stocks and debt securities of U.S. companies. It can also hold U.S. corporate and government debt securities for defensive and liquidity purposes. In addition to common and preferred stocks, the Fund can invest in other equity or “equity equivalents” securities such as convertible securities, rights, or warrants. The Fund may purchase American Depositary Shares (“ADS”) as part of American Depositary Receipt (“ADR”) issuances. Under normal market conditions, the Fund currently does not expect to invest a significant amount of its assets in securities of U.S. issuers or debt of any issuer. The Fund may use derivatives, including futures contracts, forward contracts, and options, to seek to enhance the Fund’s investment return or for hedging purposes. The Fund is not required to use derivatives in seeking its investment objective or for hedging and might not do so. Use of derivatives by the Fund may create investment leverage.
The Fund may invest in illiquid or thinly traded securities. The Fund may also invest in securities that are subject to resale restrictions such as those contained in Rule 144A promulgated under the Securities Act of 1933, as amended.
The Fund may invest directly in certain eligible China A Shares through Stock Connect (a securities trading and clearing program designed to achieve mutual stock market access between the People’s Republic of China (“PRC”) and Hong Kong).
In selecting investments for the Fund, the Fund’s subadviser, Invesco Advisers, Inc. (“Invesco Advisers”), evaluates investment opportunities on a company-by-company basis. This approach includes fundamental analysis of a company’s financial statements, management record, capital structure, operations, product development, and competitive position in its industry. Invesco Advisers also looks for newer or established businesses that are entering into a growth cycle, have the potential for accelerating earnings growth or cash flow, and possess reasonable valuations. Invesco Advisers considers the effect of worldwide trends on the growth of particular business sectors and looks for companies that may benefit from those trends and seeks a diverse mix of industries and countries to help reduce the risks of foreign investing, such as currency fluctuations and stock market volatility. Invesco Advisers may invest in growth companies of different capitalization ranges in any developing market country. Invesco Advisers monitors individual issuers for changes in the factors above, which may trigger a decision to sell a security.
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MPASX - Performance

Return Ranking - Trailing

Period MPASX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.2% -11.8% 39.7% 91.16%
1 Yr 6.8% -7.9% 41.1% 92.87%
3 Yr -7.1%* -11.5% 11.3% 92.61%
5 Yr -1.9%* -5.1% 12.3% 97.23%
10 Yr 1.5%* -1.3% 6.9% 93.95%

* Annualized

Return Ranking - Calendar

Period MPASX Return Category Return Low Category Return High Rank in Category (%)
2023 9.5% -6.5% 35.5% 38.92%
2022 -25.8% -50.1% -2.4% 64.96%
2021 -20.4% -33.1% 22.5% 95.96%
2020 15.1% -22.1% 80.1% 58.44%
2019 15.2% -0.7% 42.0% 71.09%

Total Return Ranking - Trailing

Period MPASX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.2% -11.8% 39.7% 91.16%
1 Yr 6.8% -7.9% 41.1% 92.87%
3 Yr -7.1%* -11.5% 11.3% 92.61%
5 Yr -1.9%* -5.1% 12.3% 97.23%
10 Yr 1.5%* -1.3% 6.9% 93.95%

* Annualized

Total Return Ranking - Calendar

Period MPASX Return Category Return Low Category Return High Rank in Category (%)
2023 9.5% -1.0% 42.0% 62.64%
2022 -25.8% -42.2% 1.9% 73.17%
2021 -9.9% -32.5% 33.1% 90.06%
2020 16.8% -20.0% 81.6% 57.47%
2019 24.6% 2.3% 42.0% 27.73%

NAV & Total Return History

MPASX - Holdings

Concentration Analysis

MPASX Category Low Category High MPASX % Rank
Net Assets 101 M 682 K 103 B 74.89%
Number of Holdings 83 2 7534 58.72%
Net Assets in Top 10 48.5 M 290 K 23.8 B 69.50%
Weighting of Top 10 45.34% 2.9% 101.1% 13.21%

Top 10 Holdings

  1. COMMON STOCK TWD10.0 11.40%
  2. COMMON STOCK HKD.00002 5.70%
  3. ADR 5.10%
  4. COMMON STOCK INR5.0 4.86%
  5. COMMON STOCK KRW100.0 4.12%
  6. UNIT 3.09%
  7. COMMON STOCK USD.00001 2.97%
  8. COMMON STOCK INR1.0 2.89%
  9. ADR USD.000025 2.72%
  10. COMMON STOCK INR1.0 2.51%

Asset Allocation

Weighting Return Low Return High MPASX % Rank
Stocks 		96.50% 0.00% 103.28% 64.40%
Other 		1.79% -1.11% 39.53% 5.11%
Cash 		0.87% -2.03% 100.35% 75.04%
Preferred Stocks 		0.85% 0.00% 13.31% 43.55%
Convertible Bonds 		0.00% 0.00% 7.40% 20.00%
Bonds 		0.00% 0.00% 95.13% 27.66%

Stock Sector Breakdown

Weighting Return Low Return High MPASX % Rank
Financial Services 		23.09% 0.00% 48.86% 36.78%
Technology 		22.27% 0.00% 47.50% 47.99%
Consumer Cyclical 		17.89% 0.00% 48.94% 11.06%
Communication Services 		9.53% 0.00% 39.29% 42.82%
Consumer Defense 		8.58% 0.00% 25.90% 22.99%
Basic Materials 		7.95% 0.00% 30.03% 53.74%
Healthcare 		6.32% 0.00% 16.53% 21.70%
Industrials 		2.27% 0.00% 43.53% 91.81%
Real Estate 		2.10% 0.00% 17.15% 35.63%
Utilities 		0.00% 0.00% 39.12% 76.44%
Energy 		0.00% 0.00% 24.80% 88.51%

Stock Geographic Breakdown

Weighting Return Low Return High MPASX % Rank
Non US 		79.81% 0.00% 100.52% 71.77%
US 		16.68% 0.00% 100.95% 22.98%

MPASX - Expenses

Operational Fees

MPASX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.88% 0.03% 29.98% 23.47%
Management Fee 1.00% 0.00% 2.00% 77.98%
12b-1 Fee 0.25% 0.00% 1.00% 26.42%
Administrative Fee 0.30% 0.01% 0.85% 91.63%

Sales Fees

MPASX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 3.50% 5.75% 37.08%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

MPASX 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.

MPASX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 48.00% 0.00% 189.00% 53.15%

MPASX - Distributions

Dividend Yield Analysis

MPASX Category Low Category High MPASX % Rank
Dividend Yield 0.00% 0.00% 9.74% 92.77%

Dividend Distribution Analysis

MPASX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual SemiAnnual Annual

Net Income Ratio Analysis

MPASX Category Low Category High MPASX % Rank
Net Income Ratio -0.36% -1.98% 17.62% 86.60%

Capital Gain Distribution Analysis

MPASX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Quarterly Annually

Distributions History

View More +

MPASX - Fund Manager Analysis

Managers

Justin Leverenz

Start Date

Tenure

Tenure Rank

Oct 01, 2013

8.67

8.7%

Mr. Leverenz has been a Director of Emerging Markets Equities Oppenheimer since January 2013, a Senior Vice President of the Sub-Adviser since November 2009 and was a Vice President of Oppenheimer from July 2004 to October 2009. Mr. Leverenz was the Head of Research in Taiwan and Director of Pan-Asian Technology Research for Goldman Sachs from 2002 to 2004. He was an Analyst and Head of Equity Research in Taiwan for Barclays de Zoete Wedd (now Credit Suisse) from 1993 to 1995 and from 1997 to 2000, respectively. He was a portfolio manager at Martin Currie Investment Management from 1995 to 1997.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 33.71 6.67 13.42

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