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MassMutual Small Cap Growth Equity Fund
mutual fund
MSGSX
Payout Change
Suspended
Price as of:
$17.43
-0.18
-1.02%
primary theme
U.S. Small-Cap Growth Equity
MSGSX (Mutual Fund)
MassMutual Small Cap Growth Equity Fund
Payout Change
Suspended
Price as of:
$17.43
-0.18
-1.02%
primary theme
U.S. Small-Cap Growth Equity
MSGSX (Mutual Fund)
MassMutual Small Cap Growth Equity Fund
Payout Change
Suspended
Price as of:
$17.43
-0.18
-1.02%
primary theme
U.S. Small-Cap Growth Equity
Name
As of 12/12/2024Price
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
22.4%
1 yr return
24.8%
3 Yr Avg Return
3.4%
5 Yr Avg Return
10.8%
Net Assets
$878 M
Holdings in Top 10
12.7%
52 WEEK LOW AND HIGH
$17.6
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.97%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 81.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/12/2024Price
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
MSGSX - Profile
Distributions
- YTD Total Return 22.4%
- 3 Yr Annualized Total Return 3.4%
- 5 Yr Annualized Total Return 10.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.47%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameMassMutual Small Cap Growth Equity Fund
-
Fund Family NameMASSMUTUAL FUNDS
-
Inception DateMay 21, 1999
-
Shares OutstandingN/A
-
Share ClassR5
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDaniel Fitzpatrick
Fund Description
Principal Investment Strategies
The Fund invests primarily in equity securities of smaller companies that the Fund’s subadvisers believe offer potential for long-term growth. Under normal circumstances, the Fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in the 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 stocks, securities convertible into common or preferred stock, rights, and warrants. While most assets typically will be invested in common stocks of U.S. companies, the Fund also 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 Invesco Advisers, Inc. (“Invesco Advisers”), each being responsible for a portion of the portfolio, although they may manage different amounts of the Fund’s assets. Each subadviser employs a growth-based investment approach and may perform a number of analyses in considering whether to buy or sell a security for the Fund. Wellington Management uses a combination of fundamental and quantitative analyses to identify small-cap companies that it believes are experiencing or will experience rapid earnings or revenue growth.
Invesco Advisers uses fundamental research to select securities for the Fund’s portfolio. Each subadviser may consider selling a security for the Fund if, for example, in its judgment, target prices are reached, future upside potential is limited, company fundamentals are no longer attractive, superior purchase candidates are identified, or market capitalization ceilings are exceeded.
MSGSX - Performance
Return Ranking - Trailing
| Period | MSGSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 22.4% | -60.4% | 86.4% | 30.56% |
| 1 Yr | 24.8% | -57.4% | 88.1% | 32.78% |
| 3 Yr | 3.4%* | -15.0% | 63.0% | 31.52% |
| 5 Yr | 10.8%* | -10.4% | 48.0% | 26.42% |
| 10 Yr | 11.1%* | -3.9% | 25.6% | 24.35% |
* Annualized
Return Ranking - Calendar
| Period | MSGSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 16.9% | -20.5% | 54.6% | 34.01% |
| 2022 | -26.0% | -82.1% | 32.2% | 20.45% |
| 2021 | -14.2% | -90.6% | 300.1% | 68.11% |
| 2020 | 30.6% | -63.0% | 127.9% | 44.62% |
| 2019 | 20.0% | -7.7% | 42.9% | 60.56% |
Total Return Ranking - Trailing
| Period | MSGSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 22.4% | -60.4% | 86.4% | 30.56% |
| 1 Yr | 24.8% | -57.4% | 88.1% | 32.78% |
| 3 Yr | 3.4%* | -15.0% | 63.0% | 31.52% |
| 5 Yr | 10.8%* | -10.4% | 48.0% | 26.42% |
| 10 Yr | 11.1%* | -3.9% | 25.6% | 24.35% |
* Annualized
Total Return Ranking - Calendar
| Period | MSGSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 16.9% | -19.0% | 136.8% | 44.80% |
| 2022 | -26.0% | -59.9% | 44.3% | 37.15% |
| 2021 | 10.5% | -22.7% | 411.9% | 48.49% |
| 2020 | 40.5% | 1.5% | 150.8% | 43.05% |
| 2019 | 34.9% | 5.5% | 55.3% | 25.35% |
NAV & Total Return History
MSGSX - Holdings
Concentration Analysis
| MSGSX | Category Low | Category High | MSGSX % Rank | |
|---|---|---|---|---|
| Net Assets | 878 M | 209 K | 34.3 B | 43.15% |
| Number of Holdings | 242 | 7 | 1226 | 12.78% |
| Net Assets in Top 10 | 97.8 M | 53.8 K | 3.02 B | 60.93% |
| Weighting of Top 10 | 12.66% | 7.5% | 100.0% | 92.95% |
Top 10 Holdings
- COMMON STOCK USD.01 1.41%
- COMMON STOCK 1.34%
- COMMON STOCK USD.001 1.31%
- COMMON STOCK 1.26%
- COMMON STOCK USD1.0 1.25%
- FIXED INC CLEARING CORP.REPO 1.24%
- COMMON STOCK USD.01 1.23%
- COMMON STOCK USD1.0 1.21%
- COMMON STOCK USD.01 1.21%
- COMMON STOCK ILS.01 1.20%
Asset Allocation
| Weighting | Return Low | Return High | MSGSX % Rank | |
|---|---|---|---|---|
| Stocks | 98.49% | 92.05% | 107.62% | 41.48% |
| Other | 1.24% | -0.26% | 6.70% | 13.89% |
| Cash | 0.27% | 0.00% | 28.78% | 84.07% |
| Preferred Stocks | 0.00% | 0.00% | 4.59% | 72.22% |
| Convertible Bonds | 0.00% | 0.00% | 1.57% | 68.89% |
| Bonds | 0.00% | 0.00% | 2.40% | 69.07% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MSGSX % Rank | |
|---|---|---|---|---|
| Healthcare | 20.15% | 0.00% | 47.90% | 70.74% |
| Industrials | 19.84% | 0.00% | 36.64% | 20.00% |
| Technology | 19.56% | 2.91% | 75.51% | 81.67% |
| Consumer Cyclical | 10.71% | 0.00% | 24.04% | 67.41% |
| Financial Services | 9.04% | 0.00% | 42.95% | 27.96% |
| Real Estate | 6.16% | 0.00% | 15.31% | 12.59% |
| Energy | 4.21% | 0.00% | 55.49% | 26.67% |
| Consumer Defense | 3.41% | 0.00% | 13.56% | 60.56% |
| Communication Services | 3.34% | 0.00% | 15.31% | 29.63% |
| Basic Materials | 2.38% | 0.00% | 9.24% | 54.44% |
| Utilities | 1.21% | 0.00% | 5.57% | 11.85% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MSGSX % Rank | |
|---|---|---|---|---|
| US | 98.49% | 17.30% | 107.62% | 35.74% |
| Non US | 0.00% | 0.00% | 77.12% | 74.81% |
MSGSX - Expenses
Operational Fees
| MSGSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.97% | 0.05% | 23.20% | 75.14% |
| Management Fee | 0.80% | 0.05% | 1.62% | 50.09% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.10% | 0.01% | 0.40% | 60.73% |
Sales Fees
| MSGSX 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
| MSGSX 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.
| MSGSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 81.00% | 3.00% | 264.00% | 70.40% |
MSGSX - Distributions
Dividend Yield Analysis
| MSGSX | Category Low | Category High | MSGSX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 6.91% | 76.11% |
Dividend Distribution Analysis
| MSGSX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| MSGSX | Category Low | Category High | MSGSX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.47% | -2.47% | 1.10% | 29.03% |
Capital Gain Distribution Analysis
| MSGSX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 16, 2021 | $1.123 | CapitalGainShortTerm |
| Dec 16, 2021 | $3.366 | CapitalGainLongTerm |
| Dec 14, 2020 | $0.185 | CapitalGainShortTerm |
| Dec 14, 2020 | $1.214 | CapitalGainLongTerm |
| Dec 16, 2019 | $0.124 | OrdinaryDividend |
| Dec 16, 2019 | $1.683 | CapitalGainLongTerm |
| Dec 17, 2018 | $0.381 | CapitalGainShortTerm |
| Dec 17, 2018 | $2.348 | CapitalGainLongTerm |
| Dec 15, 2017 | $0.869 | CapitalGainLongTerm |
| Dec 15, 2015 | $0.030 | CapitalGainShortTerm |
| Dec 15, 2015 | $3.145 | CapitalGainLongTerm |
| Aug 28, 2015 | $0.239 | CapitalGainLongTerm |
| Dec 15, 2014 | $0.654 | CapitalGainShortTerm |
| Dec 15, 2014 | $2.444 | CapitalGainLongTerm |
| Dec 16, 2013 | $1.292 | CapitalGainShortTerm |
| Dec 16, 2013 | $1.822 | CapitalGainLongTerm |
| Dec 17, 2012 | $0.900 | CapitalGainLongTerm |
| Dec 15, 2011 | $0.463 | CapitalGainShortTerm |
| Dec 15, 2011 | $1.253 | CapitalGainLongTerm |
| Dec 15, 2010 | $0.143 | CapitalGainLongTerm |
| Dec 04, 2007 | $0.197 | CapitalGainShortTerm |
| Dec 04, 2007 | $1.015 | CapitalGainLongTerm |
| Aug 27, 2007 | $0.268 | CapitalGainLongTerm |
| Dec 22, 2006 | $1.138 | CapitalGainLongTerm |
MSGSX - Fund Manager Analysis
Managers
Daniel Fitzpatrick
Start Date
Tenure
Tenure Rank
Nov 30, 2001
20.51
20.5%
Daniel J. Fitzpatrick, CFA, Senior Managing Director and Equity Portfolio Manager at Wellington Management Company LLP. He has worked in investment management since 1997, has been with Wellington Management since 1998. Education: B.S., Boston College.
Steven Angeli
Start Date
Tenure
Tenure Rank
Apr 30, 2004
18.1
18.1%
Steven C. Angeli, CFA, is a Senior Managing Director and Equity Portfolio Manager of Wellington Management. Steve serves as a portfolio manager and co-leader of the Growth Opportunities Team. He is also a member of both the Growth and Capital Appreciation Investment Groups. His investment focus has been on small- and mid-cap growth companies globally. Prior to joining Wellington Management in 1994, Steve was an associate analyst focusing on fixed income securities, including debt/equity private placements at Fidelity Management and Research (1990 — 1992). Steve earned his MBA from the University of Virginia (Darden, 1994) and his BS in finance from Boston College (1990). Additionally, he holds the Chartered Financial Analyst designation and is a member of the CFA Institute and the Boston Security Analysts Society.
Ash Shah
Start Date
Tenure
Tenure Rank
Jul 07, 2015
6.9
6.9%
Mr. Shah has been a Senior Portfolio Manager of OppenheimerFunds since January 2014 and a Vice President since February 2006. Mr. Shah was a Senior Research Analyst from February 2006 to January 2014. Prior to joining the OppenheimerFunds, Mr. Shah was a Vice President and Senior Analyst with Merrill Lynch Investment Managers. Prior to that, he was a Vice President and Senior Analyst with BlackRock Financial Management.
Ronald Zibelli
Start Date
Tenure
Tenure Rank
Jul 07, 2015
6.9
6.9%
Mr. Zibelli has been a Senior Vice President of OppenheimerFunds, Inc since January 2014 and a Senior Portfolio Manager since May 2006. He was a Vice President of OppenheimerFunds from May 2006 to January 2014. Prior to joining OppenheimerFunds, he spent six years at Merrill Lynch Investment Managers, during which time he was a Managing Director and Small Cap Growth Team Leader. Prior to joining Merrill Lynch Investment Managers, Mr. Zibelli spent 12 years with Chase Manhattan Bank, including two years as Senior Portfolio Manager at Chase Asset Management.
John Schneider
Start Date
Tenure
Tenure Rank
Feb 01, 2018
4.33
4.3%
John V. Schneider, CFA, is a Vice President and Equity Research Analyst of Wellington Management Company LLP. Prior to joining Wellington Management Company LLP in 2016 as an investment professional, Mr. Schneider worked at Granahan Investment Management (2006-2016) as a portfolio manager and equity research analyst specializing in the consumer discretionary and consumer staples sectors. Prior to joining GIMI in 2006, Mr. Schneider was a Vice President and equities analyst for MFS Investment Management (2000-2006) in Boston, Massachusetts. Education: AB, Dartmouth College. He holds the Chartered Financial Analyst (CFA) designation and is a member of the CFA Institute.
Ranjit Ramachandran
Start Date
Tenure
Tenure Rank
Feb 01, 2022
0.33
0.3%
Ranjit Ramachandran, Managing Director and Equity Research Analyst of Wellington Management. Mr. Ramachandran joined Wellington Management as an investment professional in 2014.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 30.44 | 9.17 | 5.25 |
