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Trending ETFs

MassMutual 60/40 Allocation Fund

mutual fund
MROTX
Payout Change
Pending
Price as of:
$9.36 -0.03 -0.32%
primary theme
U.S. Balanced Allocation
share class
S (MROYX) Admin (MRSLX) R5 (MRSSX) Y (MMNQX) R4 (MROZX) R3 (MROTX) A (MOGAX) I (MROUX)
MROTX (Mutual Fund)

MassMutual 60/40 Allocation Fund

Payout Change
Pending
Price as of:
$9.36 -0.03 -0.32%
primary theme
U.S. Balanced Allocation
share class
S (MROYX) Admin (MRSLX) R5 (MRSSX) Y (MMNQX) R4 (MROZX) R3 (MROTX) A (MOGAX) I (MROUX)
MROTX (Mutual Fund)

MassMutual 60/40 Allocation Fund

Payout Change
Pending
Price as of:
$9.36 -0.03 -0.32%
primary theme
U.S. Balanced Allocation
share class
S (MROYX) Admin (MRSLX) R5 (MRSSX) Y (MMNQX) R4 (MROZX) R3 (MROTX) A (MOGAX) I (MROUX)

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 60/40 Allocation Fund

MROTX | Fund

$9.36

$167 M

1.51%

$0.14

1.32%

Vitals

YTD Return

11.8%

1 yr return

15.8%

3 Yr Avg Return

-0.1%

5 Yr Avg Return

5.1%

Net Assets

$167 M

Holdings in Top 10

82.3%

52 WEEK LOW AND HIGH

$9.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.32%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 28.00%

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 60/40 Allocation Fund

MROTX | Fund

$9.36

$167 M

1.51%

$0.14

1.32%

MROTX - Profile

Distributions

  • YTD Total Return 11.8%
  • 3 Yr Annualized Total Return -0.1%
  • 5 Yr Annualized Total Return 5.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.13%
DIVIDENDS
  • Dividend Yield 1.5%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    MassMutual 60/40 Allocation Fund
  • Fund Family Name
    MASSMUTUAL FUNDS
  • Inception Date
    Jul 01, 2011
  • Shares Outstanding
    N/A
  • Share Class
    R3
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Frederick(Rick) Schulitz

Fund Description

Principal Investment Strategies
The Fund is a “fund of funds” that seeks to achieve its investment objective by investing in a combination of U.S. domestic and international mutual funds (“Underlying Funds”) using an asset allocation strategy. The Fund is advised by MML Investment Advisers, LLC (“MML Advisers”). Underlying Funds will include a combination of MassMutual Funds advised by MML Advisers, and may also include other, non-affiliated mutual funds. Underlying Funds may invest in various asset classes, including equity securities, fixed income securities, and money market instruments. Underlying Funds may also invest some or all of their assets in commodities or commodities-related investments.
The Fund typically invests approximately 60% of its assets in equity and similar funds and approximately 40% in fixed income funds, including money market funds. Under normal circumstances, the Fund’s asset allocation between equity and fixed income funds is generally expected to vary by no more than plus or minus ten percentage points from this target asset allocation strategy. MML Advisers will generally attempt to select Underlying Funds that it expects will provide an aggregate exposure to “junk” or “high
yield” bonds (securities rated below investment grade by Moody’s or Standard & Poor’s, or unrated securities determined to be of comparable quality by the applicable adviser or subadviser), including securities in default, of not more than 10% of the Fund’s assets (although the Fund’s exposure may from time to time exceed that percentage). The Fund is designed for use as part of an overall investment strategy by an investor who is saving for, or is already in, retirement.
The Fund will normally invest most of its assets in Underlying Funds advised by MML Advisers; the Fund will normally invest no more than 30% of its assets in mutual funds not advised by MML Advisers (referred to here as “non-affiliated” funds). Non-affiliated funds may include actively managed funds, or they may be passively managed funds seeking to track the performance of a particular market index, which may be broad-based or relate to a particular sector, market, region, or industry. MML Advisers will select most of the Underlying Funds from among mutual funds advised by it even though they may have higher expense ratios or less favorable historical performance than non-affiliated funds, and MML Advisers will have no obligation to select the least expensive or best performing funds available to serve as Underlying Funds. These conflicts of interest may result in a portfolio of Underlying Funds that achieves a level of performance, or incurs higher fees, less favorable to the Fund than if MML Advisers did not consider such factors or was not subject to such conflicts of interest. There may be circumstances where MML Advisers’ possession of non-public information regarding an Underlying Fund will limit the ability of the Fund to buy or sell shares in that Underlying Fund when it might otherwise do so, which might adversely affect the investment performance of the Fund.
The table below shows the Fund’s approximate allocation, as of January 12, 2024, among various asset classes and Underlying Funds. MML Advisers does not intend to trade actively among Underlying Funds or to attempt to capture short-term market opportunities as primary activities. MML Advisers in its absolute discretion may modify the asset allocation strategy or the selection of Underlying Funds at any time and from time to time, and may invest the Fund’s assets in additional or different Underlying Funds, including Funds that may be created in the future. At any given time, the Fund’s allocations to Underlying Funds may be affected by a variety of
factors (such as, for example, whether an Underlying Fund is accepting additional investments). Information regarding the Fund’s actual allocations to Underlying Funds is available in the Fund’s shareholder reports and at https://​www.massmutual.com/funds from time to time. A brief description of the Underlying Funds is included in Appendix D of the Statement of Additional Information (“SAI”).
​
Equity Funds
 ​ ​ ​
​
60.0%
​ ​
​ — U.S. Large Cap Equity Funds ​ ​ ​ ​ ​
​
MassMutual Fundamental Value Fund​
​ ​ ​
​
3.3%
​ ​
​
MassMutual Diversified Value Fund​
​ ​ ​
​
3.7%
​ ​
​
MassMutual Equity Opportunities Fund​
​ ​ ​
​
8.2%
​ ​
​
MM Equity Asset Fund​
​ ​ ​
​
15.0%
​ ​
​
MassMutual Blue Chip Growth Fund​
​ ​ ​
​
5.7%
​ ​
​ MassMutual Growth Opportunities Fund ​ ​ ​ ​ 1.5% ​ ​
​ — U.S. Small/Mid Cap Equity Funds ​ ​ ​ ​ ​
​ MassMutual Mid Cap Value Fund​ ​ ​ ​ ​ 1.8% ​ ​
​ Vanguard Mid-Cap Index Fund​ ​ ​ ​ ​ 2.4% ​ ​
​ MassMutual Mid Cap Growth Fund​ ​ ​ ​ ​ 1.8% ​ ​
​ MassMutual Small Cap Value Equity Fund ​ ​ ​ ​ 0.9% ​ ​
​
Vanguard Small-Cap Index Fund​
​ ​ ​
​
0.9%
​ ​
​ MassMutual Small Cap Growth Equity Fund​ ​ ​ ​ ​ 0.5% ​ ​
​ — REIT Funds ​ ​ ​ ​ ​
​ Invesco Real Estate Fund ​ ​ ​ ​ 1.2% ​ ​
​ — International Equity Funds ​ ​ ​ ​ ​
​
MassMutual Overseas Fund​
​ ​ ​
​
4.5%
​ ​
​
MassMutual International Equity Fund​
​ ​ ​
​
2.3%
​ ​
​
Vanguard Developed Markets Index Fund​
​ ​ ​
​
4.5%
​ ​
​ — Emerging Markets Equity Funds ​ ​ ​ ​ ​
​
MassMutual Strategic Emerging Markets Fund​
​ ​ ​
​
0.9%
​ ​
​
Vanguard Emerging Markets Stock Index Fund​
​ ​ ​
​
0.9%
​ ​
​
Fixed Income Funds​
​ ​ ​
​
39.5%
​ ​
​ — U.S. Fixed Income Funds ​ ​ ​ ​ ​
​
MassMutual Core Bond Fund​
​ ​ ​
​
8.2%
​ ​
​
MassMutual Short-Duration Bond Fund​
​ ​ ​
​
3.2%
​ ​
​
Vanguard Total Bond Market Index Fund​
​ ​ ​
​
3.3%
​ ​
​ Vanguard Long-Term Treasury Index Fund​ ​ ​ ​ ​ 1.1% ​ ​
​
MassMutual Total Return Bond Fund​
​ ​ ​
​
11.5%
​ ​
​
MassMutual Strategic Bond Fund​
​ ​ ​
​
9.8%
​ ​
​ — Inflation Managed Funds ​ ​ ​ ​ ​
​
MassMutual Inflation-Protected and Income Fund​
​ ​ ​ ​ 0.2% ​ ​
​ — High Yield Funds ​ ​ ​ ​ ​
​ MassMutual High Yield Fund​ ​ ​ ​ ​ 0.1% ​ ​
​ MassMutual Global Floating Rate Fund​ ​ ​ ​ ​ 0.1% ​ ​
​ — International Bond Funds ​ ​ ​ ​ ​
​ Invesco International Bond Fund​ ​ ​ ​ ​ 2.0% ​ ​
​
Other Funds​
​ ​ ​
​
0.5%
​ ​
​ — Commodities Funds ​ ​ ​ ​ ​
​ DFA Commodity Strategy Fund​ ​ ​ ​ ​ 0.5% ​ ​
Note: Above allocations may not sum up to 100% due to rounding.
Through its investments in Underlying Funds, the Fund will be exposed to a wide range of securities and other instruments with differing characteristics (such as credit quality, duration, geography, industry, and market capitalization), which may include without limitation equity securities of small-, mid-, or large-capitalization U.S. or non-U.S. issuers (including issuers that may only recently have become public companies), fixed income securities of U.S. or non-U.S. private or governmental issuers (including “junk” or “high yield” bonds, including securities in default), inflation-protected securities, bank loans, and short-term investments of any kind. Equity securities may include common stocks, preferred stocks, securities convertible into common or preferred stock, real estate investment trusts (“REITs”), rights, and warrants. An Underlying Fund may engage in foreign currency exchange transactions, including forward contracts, options on currency, futures contracts, and swap contracts, to take long or short positions in foreign currencies in order to enhance its investment return or to attempt to protect against adverse changes in currency exchange rates. An Underlying Fund may be permitted to use a wide variety of additional exchange-traded and over-the-counter derivatives, including options, futures contracts, swap contracts (including interest rate swaps, total return swaps, and credit default swaps), and hybrid instruments. An Underlying Fund may typically use these derivatives for hedging purposes, as a substitute for direct investments, to earn additional income, to gain exposure to securities or markets in which it might not be able to invest directly, or to adjust various portfolio characteristics, including the duration (interest rate volatility) of the Fund’s portfolio of debt securities. Use of derivatives by an Underlying Fund may create investment leverage. An Underlying Fund may enter into repurchase agreement transactions. An Underlying Fund may invest in mortgage-backed or other asset-backed securities. An Underlying Fund may enter into dollar roll or reverse repurchase agreement transactions. Some investments by an Underlying Fund may be restricted as to resale or otherwise considered to be illiquid. An Underlying Fund may engage in active and frequent trading and so could have a relatively high portfolio turnover rate. The Fund will bear a pro rata share of the Underlying Funds’ expenses. The Fund also bears all of the risks associated with the investment strategies used by the Underlying Funds.
Read More

MROTX - Performance

Return Ranking - Trailing

Period MROTX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.8% -2.2% 85.5% 78.89%
1 Yr 15.8% -0.9% 87.3% 76.39%
3 Yr -0.1%* -3.9% 24.1% 97.60%
5 Yr 5.1%* -2.5% 23.9% 89.34%
10 Yr 5.3%* 1.2% 14.4% 80.00%

* Annualized

Return Ranking - Calendar

Period MROTX Return Category Return Low Category Return High Rank in Category (%)
2023 9.6% -12.2% 23.9% 58.91%
2022 -23.7% -34.7% 2.8% 88.92%
2021 0.0% -11.9% 18.1% 83.02%
2020 8.0% -20.9% 39.7% 47.17%
2019 9.2% 0.8% 25.7% 92.68%

Total Return Ranking - Trailing

Period MROTX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.8% -2.2% 85.5% 78.89%
1 Yr 15.8% -0.9% 87.3% 76.39%
3 Yr -0.1%* -3.9% 24.1% 97.60%
5 Yr 5.1%* -2.5% 23.9% 89.34%
10 Yr 5.3%* 1.2% 14.4% 80.00%

* Annualized

Total Return Ranking - Calendar

Period MROTX Return Category Return Low Category Return High Rank in Category (%)
2023 14.0% -12.2% 26.8% 44.33%
2022 -22.4% -29.0% 10.9% 98.65%
2021 13.3% -3.0% 27.3% 49.07%
2020 11.9% -19.5% 40.6% 57.84%
2019 23.3% 2.2% 32.7% 9.65%

NAV & Total Return History

MROTX - Holdings

Concentration Analysis

MROTX Category Low Category High MROTX % Rank
Net Assets 167 M 861 K 235 B 79.09%
Number of Holdings 26 2 16143 65.98%
Net Assets in Top 10 135 M 859 K 66.9 B 73.78%
Weighting of Top 10 82.28% 10.8% 122.7% 35.94%

Top 10 Holdings

  1. MASSMUTUAL CORE BOND I 17.61%
  2. MM EQUITY ASSET FUND I 15.24%
  3. MASSMUTUAL TTL RTRN BND I 11.22%
  4. MASSMUTUAL EQUITY OPPORT I 8.30%
  5. MASSMUTUAL BLUE CHIP GR I 7.13%
  6. MASSMUTUAL DIVERS VAL I 6.94%
  7. VANGUARD DEV MKT INDX INST 4.95%
  8. MASSMUTUAL OVERSEAS I 4.22%
  9. VANGUARD TTL BD MKT IDX INST 3.53%
  10. MASSMUTUAL SHRT DUR BND I 3.13%

Asset Allocation

Weighting Return Low Return High MROTX % Rank
Stocks 		100.10% 0.00% 100.10% 0.88%
Convertible Bonds 		0.61% 0.00% 23.84% 40.21%
Preferred Stocks 		0.00% 0.00% 24.59% 83.51%
Other 		0.00% -42.55% 113.97% 80.85%
Cash 		0.00% -7.92% 100.00% 98.38%
Bonds 		0.00% 0.00% 75.29% 89.25%

Stock Sector Breakdown

Weighting Return Low Return High MROTX % Rank
Technology 		18.17% 0.00% 44.21% 57.74%
Financial Services 		15.33% 0.00% 38.77% 42.56%
Healthcare 		15.11% 0.00% 29.35% 24.26%
Consumer Cyclical 		11.82% 0.00% 19.36% 17.26%
Industrials 		11.22% 0.00% 24.37% 32.44%
Communication Services 		7.29% 0.00% 38.10% 48.36%
Consumer Defense 		6.60% 0.00% 15.14% 51.49%
Basic Materials 		4.03% 0.00% 25.57% 54.76%
Energy 		3.88% 0.00% 85.65% 71.73%
Real Estate 		3.52% 0.00% 65.01% 44.35%
Utilities 		3.03% 0.00% 99.55% 44.64%

Stock Geographic Breakdown

Weighting Return Low Return High MROTX % Rank
US 		100.10% 0.00% 100.10% 0.88%
Non US 		0.00% 0.00% 42.80% 83.65%

MROTX - Expenses

Operational Fees

MROTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.32% 0.03% 27.98% 29.14%
Management Fee 0.00% 0.00% 1.83% 14.04%
12b-1 Fee 0.50% 0.00% 1.00% 68.75%
Administrative Fee 0.20% 0.01% 0.83% 88.11%

Sales Fees

MROTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

MROTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 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.

MROTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 28.00% 0.83% 343.00% 34.49%

MROTX - Distributions

Dividend Yield Analysis

MROTX Category Low Category High MROTX % Rank
Dividend Yield 1.51% 0.00% 17.90% 69.01%

Dividend Distribution Analysis

MROTX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Quarterly Quarterly Quarterly

Net Income Ratio Analysis

MROTX Category Low Category High MROTX % Rank
Net Income Ratio 1.13% -2.34% 13.92% 50.67%

Capital Gain Distribution Analysis

MROTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

MROTX - Fund Manager Analysis

Managers

Frederick(Rick) Schulitz

Start Date

Tenure

Tenure Rank

Jun 20, 2011

10.95

11.0%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 34.51 6.39 2.41

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