• FirefoxTry Yahoo Finance on Firefox »
  •  Dow Up1.23% Nasdaq Up1.74%

    MassMutual RetireSMART 2010 R3 (MRXNX)

    10.89 Up 0.09(0.83%) Oct 2

    Profile as of Aug 30, 2015Get Profile for:
    MassMutual RetireSMART 2010 R3
    Massmutual Select Funds1295 State StSpringfield MA 01111
    Phone: 888-309-3539
    Fund Overview 
    Category:Target Date 2000-2010
    Fund Family:MassMutual
    Net Assets:83.86M
    Year-to-Date Return:-1.98%
    Morningstar Rating:3 stars
    Fund Inception Date:Dec 31, 2003
    Morningstar Style Box 
    Target Date 2000-2010
    [View Category Definition]
    View Top Target Date 2000-2010 Funds
    About the Morningstar Style Box
    Management Information 
    Frederick Schulitz
    Lead Manager since Dec 1, 2006
    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.
    Investment Information 
    Min Initial Investment:0
    Min Initial Investment, IRA:N/A
    Min Initial Investment, AIP:N/A
    Min Subsequent Investment:0
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:N/A
    MRXNX can be purchased from 2 brokerages.

    Fund Summary 
    The investment seeks to achieve as high a total return over time as is considered consistent with prudent investment risk, preservation of capital and recognition of the fund's current asset allocation. The fund is designed for an investor who has already reached retirement age and who plans to withdraw the value of his or her account at a modest, regular pace over time during retirement. Its assets are allocated among underlying funds according to an asset allocation strategy that becomes increasingly conservative, until reaching approximately 35% in equity and similar funds and 65% in fixed income funds, including money market funds, in or about 2025.

    Fund Operations 
    Last Dividend (Aug 30, 2015) : 0.31
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Sep 30, 2015) : 53.00%
    Average for Category:21.54%
    Fees & Expenses 
    ExpenseMRXNXCategory Avg
    Annual Report Expense Ratio (net):0.75%0.51%
    Prospectus Net Expense Ratio:1.29%N/A
    Prospectus Gross Expense Ratio:1.48%N/A
    Max 12b1 Fee:0.50%N/A
    Max Front End Sales Load:N/A4.94%
    Max Deferred Sales Load: N/A2.36%
    3 Yr Expense Projection*:449499
    5 Yr Expense Projection*:790846
    10 Yr Expense Projection*:1,7521,746
    * Per $10,000 invested