MassMutual Blue Chip Growth Fund
Fund
MBCZX
Price as of:
$24.44
+ $0.34
+ 1.41%
Primary Theme
fund company
Name
As of 12/24/2024Price
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
40.5%
1 yr return
40.8%
3 Yr Avg Return
11.7%
5 Yr Avg Return
17.1%
Net Assets
$2.59 B
Holdings in Top 10
56.3%
52 WEEK LOW AND HIGH
$24.1
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.65%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 20.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/24/2024Price
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
MBCZX - Profile
Distributions
- YTD Total Return 40.5%
- 3 Yr Annualized Total Return 11.7%
- 5 Yr Annualized Total Return 17.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.15%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameMassMutual Blue Chip Growth Fund
-
Fund Family NameMASSMUTUAL FUNDS
-
Inception DateApr 01, 2014
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAziz Hamzaogullari
Fund Description
Principal Investment Strategies
Under normal circumstances, the Fund invests at least 80% of net assets (plus the amount of any borrowings for investment purposes) in the common stocks of large- and medium-sized blue chip growth companies. The Fund is managed by two subadvisers, each being responsible for a portion of the portfolio, although they may manage different amounts of the Fund’s assets. The Fund’s subadvisers, T. Rowe Price Associates, Inc. (“T. Rowe Price”) and Loomis, Sayles & Company, L.P. (“Loomis Sayles”), currently define blue chip growth companies to mean firms that, in their view, are well-established in their industries and have the potential for above-average earnings growth. Equity securities may include common stocks, preferred stocks, securities convertible into common or preferred stock, rights, and warrants. While most assets will be invested in equity securities of U.S. companies, the Fund may also invest up to 20% of its total assets in foreign securities and American Depositary Receipts (“ADRs”), 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 non-diversified, which means that it may hold larger positions in a smaller number of issuers than a diversified fund.
In selecting securities, T. Rowe Price generally seeks to identify companies with a leading market position, seasoned management, and strong financial fundamentals. T. Rowe Price believes that solid company fundamentals (with emphasis on the potential for above-average growth) combined with a positive industry outlook may potentially reward investors with strong investment
performance. It is anticipated that some of the companies targeted will have good prospects for dividend growth and T. Rowe Price may at times invest significantly in stocks of information technology companies. T. Rowe Price may sell assets for a variety of reasons, including in response to a change in the original investment considerations or to limit losses, adjust the characteristics of the overall portfolio, or redeploy assets into different opportunities.
In pursuing the Fund’s investment objective, T. Rowe Price has the discretion to purchase some securities that do not meet its normal investment criteria described above, when it believes there is an opportunity for substantial appreciation (such as, for example, T. Rowe Price believes a security could increase in value as a result of a change in management, an extraordinary corporate event, a new product introduction or innovation, or a favorable competitive development).
In selecting securities, Loomis Sayles emphasizes companies with sustainable competitive advantages versus others, long-term structural growth drivers that will lead to above-average future cash flow growth, attractive cash flow returns on invested capital, and management teams focused on creating long-term value for shareholders. Loomis Sayles aims to invest in companies when they trade at a significant discount to Loomis Sayles’ estimate of intrinsic value (i.e., companies with share prices trading significantly below what Loomis Sayles believes the share price should be). Loomis Sayles will consider selling a portfolio investment when (i) it believes an unfavorable structural change occurs within a given business or the markets in which it operates, (ii) a critical underlying investment assumption is flawed, (iii) a more attractive reward-to-risk opportunity becomes available, (iv) the current price fully reflects intrinsic value, or (v) for other investment reasons which it deems appropriate.
MBCZX - Performance
Return Ranking - Trailing
| Period | MBCZX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 40.5% | -5.6% | 56.2% | 18.64% |
| 1 Yr | 40.8% | -3.6% | 56.8% | 18.27% |
| 3 Yr | 11.7%* | -24.3% | 23.5% | 11.42% |
| 5 Yr | 17.1%* | -14.9% | 30.1% | 36.81% |
| 10 Yr | 16.0%* | -5.5% | 21.7% | 14.12% |
* Annualized
Return Ranking - Calendar
| Period | MBCZX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 22.1% | -74.1% | 72.4% | 82.03% |
| 2022 | -43.8% | -85.9% | 4.7% | 90.08% |
| 2021 | -3.7% | -52.4% | 60.5% | 81.20% |
| 2020 | 27.7% | -34.3% | 145.0% | 44.81% |
| 2019 | 23.7% | -6.9% | 49.4% | 59.02% |
Total Return Ranking - Trailing
| Period | MBCZX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 40.5% | -5.6% | 56.2% | 18.64% |
| 1 Yr | 40.8% | -3.6% | 56.8% | 18.27% |
| 3 Yr | 11.7%* | -24.3% | 23.5% | 11.42% |
| 5 Yr | 17.1%* | -14.9% | 30.1% | 36.81% |
| 10 Yr | 16.0%* | -5.5% | 21.7% | 14.12% |
* Annualized
Total Return Ranking - Calendar
| Period | MBCZX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 50.6% | -4.6% | 72.4% | 7.94% |
| 2022 | -34.0% | -61.7% | 5.6% | 75.07% |
| 2021 | 17.6% | -39.8% | 118.1% | 72.12% |
| 2020 | 33.7% | 2.8% | 149.2% | 55.00% |
| 2019 | 30.9% | -5.2% | 49.4% | 68.20% |
NAV & Total Return History
MBCZX - Holdings
Concentration Analysis
| MBCZX | Category Low | Category High | MBCZX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.59 B | 296 K | 317 B | 38.53% |
| Number of Holdings | 114 | 2 | 3061 | 19.60% |
| Net Assets in Top 10 | 1.55 B | 126 K | 150 B | 38.48% |
| Weighting of Top 10 | 56.26% | 0.7% | 205.0% | 38.49% |
Top 10 Holdings
- COMMON STOCK USD.001 10.68%
- COMMON STOCK USD.00000625 9.23%
- COMMON STOCK USD.01 7.08%
- COMMON STOCK USD.000006 6.21%
- COMMON STOCK USD.00001 5.27%
- COMMON STOCK USD.001 4.35%
- COMMON STOCK USD.0001 3.57%
- COMMON STOCK USD.001 3.33%
- COMMON STOCK USD.001 3.28%
- COMMON STOCK USD.001 3.26%
Asset Allocation
| Weighting | Return Low | Return High | MBCZX % Rank | |
|---|---|---|---|---|
| Stocks | 99.19% | 0.00% | 123.52% | 39.84% |
| Cash | 0.53% | 0.00% | 173.52% | 64.34% |
| Other | 0.38% | -36.56% | 42.58% | 10.98% |
| Preferred Stocks | 0.17% | 0.00% | 8.45% | 13.70% |
| Bonds | 0.15% | 0.00% | 102.71% | 3.72% |
| Convertible Bonds | 0.00% | 0.00% | 1.94% | 33.00% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MBCZX % Rank | |
|---|---|---|---|---|
| Technology | 31.57% | 0.00% | 65.70% | 66.09% |
| Communication Services | 20.63% | 0.00% | 66.40% | 2.45% |
| Consumer Cyclical | 18.20% | 0.00% | 62.57% | 29.82% |
| Healthcare | 13.55% | 0.00% | 39.76% | 40.55% |
| Financial Services | 9.38% | 0.00% | 43.06% | 47.45% |
| Industrials | 4.73% | 0.00% | 30.65% | 64.18% |
| Consumer Defense | 1.68% | 0.00% | 25.50% | 77.09% |
| Basic Materials | 0.18% | 0.00% | 18.91% | 73.45% |
| Real Estate | 0.08% | 0.00% | 16.05% | 67.55% |
| Utilities | 0.00% | 0.00% | 16.07% | 52.00% |
| Energy | 0.00% | 0.00% | 41.09% | 68.00% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MBCZX % Rank | |
|---|---|---|---|---|
| US | 99.19% | 0.00% | 123.52% | 31.13% |
| Non US | 0.00% | 0.00% | 75.46% | 53.99% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | MBCZX % Rank | |
|---|---|---|---|---|
| Corporate | 3.04% | 0.00% | 100.00% | 13.33% |
| Cash & Equivalents | 0.53% | 0.00% | 173.52% | 56.08% |
| Derivative | 0.00% | -37.20% | 15.33% | 37.39% |
| Securitized | 0.00% | 0.00% | 43.70% | 29.43% |
| Municipal | 0.00% | 0.00% | 0.57% | 29.43% |
| Government | 0.00% | 0.00% | 12.45% | 30.10% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | MBCZX % Rank | |
|---|---|---|---|---|
| US | 0.15% | 0.00% | 102.71% | 3.72% |
| Non US | 0.00% | 0.00% | 0.00% | 29.31% |
MBCZX - Expenses
Operational Fees
| MBCZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.65% | 0.01% | 28.71% | 78.05% |
| Management Fee | 0.62% | 0.00% | 1.50% | 51.10% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 1.02% | N/A |
Sales Fees
| MBCZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.25% | 8.50% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| MBCZX 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.
| MBCZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 20.00% | 0.00% | 316.74% | 24.87% |
MBCZX - Distributions
Dividend Yield Analysis
| MBCZX | Category Low | Category High | MBCZX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 27.58% | 61.58% |
Dividend Distribution Analysis
| MBCZX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| MBCZX | Category Low | Category High | MBCZX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.15% | -6.13% | 3.48% | 36.09% |
Capital Gain Distribution Analysis
| MBCZX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 13, 2024 | $0.407 | CapitalGainLongTerm |
| Sep 18, 2024 | $2.654 | CapitalGainLongTerm |
| Dec 13, 2023 | $4.549 | CapitalGainLongTerm |
| Dec 14, 2022 | $3.008 | OrdinaryDividend |
| Dec 16, 2021 | $0.305 | CapitalGainShortTerm |
| Dec 16, 2021 | $6.010 | CapitalGainLongTerm |
| Dec 14, 2020 | $1.376 | CapitalGainLongTerm |
| Dec 16, 2019 | $0.094 | OrdinaryDividend |
| Dec 16, 2019 | $0.002 | CapitalGainShortTerm |
| Dec 16, 2019 | $1.262 | CapitalGainLongTerm |
| Dec 17, 2018 | $1.192 | CapitalGainLongTerm |
| Dec 17, 2018 | $0.103 | OrdinaryDividend |
| Dec 15, 2017 | $0.035 | CapitalGainShortTerm |
| Dec 15, 2017 | $0.771 | CapitalGainLongTerm |
| Dec 15, 2017 | $0.113 | OrdinaryDividend |
| Dec 15, 2016 | $0.663 | CapitalGainLongTerm |
| Dec 15, 2016 | $0.099 | OrdinaryDividend |
| Dec 15, 2015 | $0.102 | OrdinaryDividend |
| Dec 15, 2015 | $0.220 | CapitalGainShortTerm |
| Dec 15, 2015 | $2.637 | CapitalGainLongTerm |
| Aug 28, 2015 | $0.156 | CapitalGainLongTerm |
| Dec 15, 2014 | $0.117 | CapitalGainShortTerm |
| Dec 15, 2014 | $1.129 | CapitalGainLongTerm |
MBCZX - Fund Manager Analysis
Managers
Aziz Hamzaogullari
Start Date
Tenure
Tenure Rank
Jan 13, 2015
7.38
7.4%
Aziz Hamzaogullari is the chief investment officer and founder of the Growth Equity Strategies Team at Loomis, Sayles & Company. He is the portfolio manager of the Loomis Sayles large cap, global and all cap growth strategies, including the Loomis Sayles Growth and Global Growth mutual funds and products outside the US. Aziz is also an executive vice president and a member of the firm’s Board of Directors. He joined Loomis Sayles in 2010 from Evergreen Investments where he was a senior portfolio manager and managing director. Aziz joined Evergreen in 2001, was promoted to director of research in 2003 and portfolio manager in 2006. He was head of Evergreen’s Berkeley Street Growth Equity team and was the founder of the research and investment process. Prior to Evergreen, Aziz was a senior equity analyst and portfolio manager at Manning & Napier Advisors. He has 26 years of investment industry experience. Aziz earned a BS from Bilkent University, Turkey, and an MBA from George Washington University. He is also a member of CFA Society Boston.
Paul Greene
Start Date
Tenure
Tenure Rank
Oct 01, 2021
0.66
0.7%
Paul Greene is an associate portfolio manager of the US Large-Cap Core Growth Equity Strategy in the U.S. Equity Division. He is a vice president and an Investment Advisory Committee member of the US Large-Cap Core Equity, US Capital Appreciation, US Structured Research Equity, and US Growth Stock Strategies and an Investment Committee member of the Global Growth Equity Strategy. Paul is a vice president of T. Rowe Price Group, Inc.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 54.45 | 8.25 | 3.08 |