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Trending ETFs

Name

As of 03/26/2024

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

MM Equity Asset Fund

MSEJX | Fund

$7.97

$303 M

1.30%

$0.10

0.28%

Vitals

YTD Return

9.9%

1 yr return

34.9%

3 Yr Avg Return

12.1%

5 Yr Avg Return

16.2%

Net Assets

$303 M

Holdings in Top 10

32.4%

52 WEEK LOW AND HIGH

$8.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.28%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 29.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/26/2024

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

MM Equity Asset Fund

MSEJX | Fund

$7.97

$303 M

1.30%

$0.10

0.28%

MSEJX - Profile

Distributions

  • YTD Total Return 9.9%
  • 3 Yr Annualized Total Return 12.1%
  • 5 Yr Annualized Total Return 16.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.20%
DIVIDENDS
  • Dividend Yield 1.3%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    MM Equity Asset Fund
  • Fund Family Name
    MASSMUTUAL FUNDS
  • Inception Date
    Sep 15, 2016
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Timothy Snyder

Fund Description

Principal Investment Strategies
Under normal circumstances, the Fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities. Equity securities may include common stocks, preferred stocks, securities convertible into common or preferred stocks, rights, and warrants. The Fund typically invests most of its assets in the common stocks of U.S. companies in the S&P 500 Index (the “Index”). The Fund may also invest in securities not included within the Index. As of December 31, 2023, the market capitalization range of companies included in the Index was $6.50 billion to $2.99 trillion. Sector by sector, the Fund’s weightings are similar to those of the Index. Within each sector, the Fund’s subadviser, J.P. Morgan Investment Management Inc. (“J.P. Morgan”), modestly overweights equity securities that it considers undervalued or fairly valued while modestly underweighting or not holding equity securities that appear overvalued. By owning a large number of equity securities within the Index, with an emphasis on those that appear undervalued or fairly valued, the Fund seeks returns that modestly exceed those of the Index over the long term with a modest level of volatility as compared to the Index.
The Fund may use derivatives as substitutes for securities in which the Fund can invest. To the extent the Fund uses derivatives, the Fund will primarily use futures contracts to more effectively gain targeted equity exposure from its cash
The “S&P 500 Index” is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”), and has been licensed for use by MassMutual. S&P®, S&P 500®, US 500, The 500, iBoxx®, iTraxx® and CDX® are trademarks of S&P Global, Inc. or its affiliates (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by MassMutual. The Fund is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 Index.
positions. Use of derivatives by the Fund may create investment leverage.
In managing the investments of the Fund, J.P. Morgan employs a three-step process that combines research, valuation, and stock selection. J.P. Morgan takes an in-depth look at company prospects over a period as long as five years, which is designed to provide insight into a company’s real growth potential. The research findings allow J.P. Morgan to rank the companies in each sector group according to their relative values. As a part of its investment process, J.P. Morgan seeks to assess the impact of environmental, social, and governance factors (including accounting and tax policies, disclosure and investor communication, shareholder rights, and remuneration policies) on the cash flows of many companies in which it may invest to identify issuers that J.P. Morgan believes will be negatively impacted by such factors relative to other issuers. These determinations may not be conclusive and securities of such issuers may be purchased and retained by the Fund.
J.P. Morgan buys and sells equity securities, using the research and valuation rankings as a basis. Along with attractive valuation, J.P. Morgan often considers a number of other criteria:
catalysts that could trigger a rise in a stock’s price;
impact on the overall risk of the portfolio relative to the Index;
high perceived potential reward compared to perceived potential risk; and
possible temporary mispricings caused by apparent market overreactions.
J.P. Morgan may sell a security as its valuation or ranking changes or if more attractive investments become available.
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MSEJX - Performance

Return Ranking - Trailing

Period MSEJX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.9% 0.3% 17.0% 27.82%
1 Yr 34.9% 3.7% 53.6% 18.06%
3 Yr 12.1%* -10.3% 30.6% 7.14%
5 Yr 16.2%* -7.9% 109.2% 5.04%
10 Yr N/A* 0.4% 21.0% N/A

* Annualized

Return Ranking - Calendar

Period MSEJX Return Category Return Low Category Return High Rank in Category (%)
2023 12.2% -42.6% 47.4% 76.37%
2022 -29.3% -56.3% -4.2% 90.18%
2021 5.2% -27.2% 53.7% 86.04%
2020 6.0% -36.2% 2181.7% 79.43%
2019 24.2% -22.7% 40.4% 43.90%

Total Return Ranking - Trailing

Period MSEJX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.9% 0.3% 17.0% 27.82%
1 Yr 34.9% 3.7% 53.6% 18.06%
3 Yr 12.1%* -10.3% 30.6% 7.14%
5 Yr 16.2%* -7.9% 109.2% 5.04%
10 Yr N/A* 0.4% 21.0% N/A

* Annualized

Total Return Ranking - Calendar

Period MSEJX Return Category Return Low Category Return High Rank in Category (%)
2023 28.2% -5.0% 47.4% 11.85%
2022 -18.1% -36.8% -2.2% 48.04%
2021 30.5% 3.0% 124.3% 9.50%
2020 20.5% -15.8% 2266.0% 21.75%
2019 31.7% -0.4% 241.3% 20.58%

NAV & Total Return History


MSEJX - Holdings

Concentration Analysis

MSEJX Category Low Category High MSEJX % Rank
Net Assets 303 M 2.59 M 1.55 T 73.73%
Number of Holdings 169 1 4053 39.87%
Net Assets in Top 10 98.1 M 885 K 387 B 74.43%
Weighting of Top 10 32.39% 0.3% 112.0% 56.91%

Top 10 Holdings

  1. COMMON STOCK USD.00000625 7.53%
  2. COMMON STOCK USD.00001 6.86%
  3. COMMON STOCK USD.01 4.01%
  4. COMMON STOCK USD.001 3.37%
  5. COMMON STOCK USD.000006 2.34%
  6. COMMON STOCK USD.001 2.05%
  7. COMMON STOCK USD.0001 1.57%
  8. COMMON STOCK USD.01 1.57%
  9. COMMON STOCK USD.001 1.54%
  10. COMMON STOCK 1.53%

Asset Allocation

Weighting Return Low Return High MSEJX % Rank
Stocks
99.04% 0.00% 124.03% 41.44%
Other
0.74% -13.91% 100.00% 11.57%
Cash
0.22% 0.00% 99.06% 82.96%
Preferred Stocks
0.00% 0.00% 2.38% 78.50%
Convertible Bonds
0.00% 0.00% 5.54% 76.94%
Bonds
0.00% -0.50% 94.15% 78.73%

Stock Sector Breakdown

Weighting Return Low Return High MSEJX % Rank
Technology
25.38% 0.00% 48.94% 31.50%
Healthcare
13.76% 0.00% 60.70% 68.10%
Financial Services
13.55% 0.00% 55.59% 47.02%
Consumer Cyclical
13.15% 0.00% 30.33% 10.82%
Communication Services
9.05% 0.00% 27.94% 32.14%
Industrials
8.33% 0.00% 29.90% 62.85%
Consumer Defense
5.20% 0.00% 47.71% 82.18%
Energy
3.88% 0.00% 41.64% 57.76%
Utilities
2.80% 0.00% 20.91% 44.55%
Real Estate
2.61% 0.00% 31.91% 55.85%
Basic Materials
2.28% 0.00% 25.70% 71.12%

Stock Geographic Breakdown

Weighting Return Low Return High MSEJX % Rank
US
99.04% 0.00% 124.03% 32.99%
Non US
0.00% 0.00% 62.81% 27.05%

MSEJX - Expenses

Operational Fees

MSEJX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.28% 0.01% 16.07% 85.76%
Management Fee 0.18% 0.00% 1.89% 17.75%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

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

Trading Fees

MSEJX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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.

MSEJX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 29.00% 0.00% 496.00% 57.50%

MSEJX - Distributions

Dividend Yield Analysis

MSEJX Category Low Category High MSEJX % Rank
Dividend Yield 1.30% 0.00% 25.10% 98.28%

Dividend Distribution Analysis

MSEJX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Semi-Annually

Net Income Ratio Analysis

MSEJX Category Low Category High MSEJX % Rank
Net Income Ratio 1.20% -54.00% 6.06% 20.43%

Capital Gain Distribution Analysis

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

Distributions History

View More +

MSEJX - Fund Manager Analysis

Managers

Timothy Snyder


Start Date

Tenure

Tenure Rank

Sep 24, 2018

3.68

3.7%

Tim Snyder, executive director of J.P. Morgan Investment Management Inc., is a portfolio manager on the U.S. Disciplined Equity Team. An employee since 2003, his responsibilities include managing Research Enhanced Index (REI) strategies. Tim joined the portfolio management team in 2004 as an analyst and worked on the daily implementation and maintenance of the REI and Analyst Fund portfolios. He holds a B.S. in finance and economics from the University of Delaware and is a holder of the CFA and CMT designations.

Raffaele Zingone


Start Date

Tenure

Tenure Rank

Sep 24, 2018

3.68

3.7%

Raffaele Zingone, managing director, is a portfolio manager on the U.S. Disciplined Equity Team. An employee since 1991, Ralph is responsible for the Research Enhanced Index (REI) strategies. Prior to this role, he was a research analyst following the aerospace, environmental, and diversified manufacturing sectors. Upon joining the firm, he was a quantitative equity analyst and later served as a U.S. Equity portfolio manager in London and New York. Ralph received his B.A. in mathematics and economics from the College of the Holy Cross and his M.B.A. in finance from New York University. He is a CFA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.02 7.21 2.42