MassMutual RetireSMART by JPMorgan 2045 Fund (MMKAX)
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 designed for investors who plan to retire around the year 2045 (the target retirement year) and then withdraw their investment in the fund over time throughout retirement.
Fund Info
US57630A7587
Mar 31, 2010
$0
Large-Cap
Blend
Expense Ratio
MMKAX has an expense ratio of 0.57%, placing it in the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
Loading data...
Returns By Period
MassMutual RetireSMART by JPMorgan 2045 Fund (MMKAX) returned 3.18% year-to-date (YTD) and 9.17% over the past 12 months. Over the past 10 years, MMKAX returned 7.32% annually, underperforming the S&P 500 benchmark at 10.85%.
MMKAX
3.18%
0.00%
-0.48%
9.17%
8.72%
10.95%
7.32%
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of MMKAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 3.18% | 0.00% | 0.00% | 0.00% | 0.00% | 3.18% | |||||||
| 2024 | -0.48% | 3.65% | 2.87% | -3.60% | 3.73% | 1.08% | 2.23% | 2.44% | 1.96% | -2.42% | 3.42% | -3.55% | 11.47% |
| 2023 | 7.26% | -2.89% | 2.25% | 1.30% | -1.58% | 5.23% | 3.06% | -2.78% | -4.29% | -2.79% | 8.20% | 5.34% | 18.71% |
| 2022 | -4.05% | -2.95% | 0.99% | -7.16% | 0.35% | -7.77% | 6.34% | -3.74% | -8.79% | 5.48% | 7.98% | -4.02% | -17.53% |
| 2021 | -0.92% | 3.32% | 2.83% | 4.28% | 1.88% | 0.55% | 0.48% | 1.89% | -3.78% | 4.76% | -3.03% | 4.79% | 17.92% |
| 2020 | -1.65% | -6.98% | -15.10% | 9.58% | 4.28% | 3.08% | 4.70% | 4.75% | -2.97% | -1.95% | 12.48% | 4.67% | 12.38% |
| 2019 | 7.27% | 2.58% | 1.09% | 3.39% | -5.28% | 5.92% | 0.16% | -1.59% | 1.86% | 2.23% | 2.33% | 2.94% | 24.75% |
| 2018 | 4.76% | -3.84% | -1.31% | 0.52% | 1.10% | -0.36% | 2.47% | 1.07% | -0.14% | -7.24% | 1.90% | -6.55% | -8.06% |
| 2017 | 2.25% | 2.11% | 0.88% | 1.42% | 1.40% | 0.69% | 2.21% | 0.22% | 1.93% | 1.75% | 1.58% | 1.10% | 19.00% |
| 2016 | -5.71% | -1.01% | 6.59% | 1.13% | 0.95% | -0.94% | 3.70% | 0.50% | 0.50% | -2.05% | 1.76% | 1.69% | 6.80% |
| 2015 | -1.53% | 4.81% | -0.93% | 1.10% | 0.62% | -1.62% | 0.63% | -6.05% | -3.06% | 6.40% | -0.33% | -2.34% | -2.88% |
| 2014 | -3.37% | 4.79% | -1.08% | 0.86% | 1.79% | 2.06% | -2.32% | 2.68% | -3.46% | 2.03% | 1.23% | -1.57% | 3.30% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 78, MMKAX is among the top 22% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for MassMutual RetireSMART by JPMorgan 2045 Fund (MMKAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Loading data...
Dividends
Dividend History
MassMutual RetireSMART by JPMorgan 2045 Fund provided a 108.54% dividend yield over the last twelve months, with an annual payout of $12.04 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $12.04 | $0.85 | $0.64 | $0.15 | $2.26 | $0.49 | $1.45 | $1.69 | $0.65 | $0.30 | $0.55 | $0.72 |
Dividend yield | 108.54% | 7.87% | 6.13% | 1.64% | 17.33% | 3.77% | 11.95% | 15.52% | 4.79% | 2.53% | 4.76% | 5.75% |
Monthly Dividends
The table displays the monthly dividend distributions for MassMutual RetireSMART by JPMorgan 2045 Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $11.18 | $0.00 | $0.00 | $0.00 | $0.00 | $11.18 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.85 | $0.85 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.64 | $0.64 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.26 | $2.26 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.49 | $0.49 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.45 | $1.45 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.69 | $1.69 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.65 | $0.65 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.30 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.00 | $0.25 | $0.55 |
| 2014 | $0.16 | $0.00 | $0.00 | $0.56 | $0.72 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading data...
Worst Drawdowns
The table below displays the maximum drawdowns of the MassMutual RetireSMART by JPMorgan 2045 Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the MassMutual RetireSMART by JPMorgan 2045 Fund was 32.18%, occurring on Mar 20, 2020. Recovery took 163 trading sessions.
The current MassMutual RetireSMART by JPMorgan 2045 Fund drawdown is 1.22%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -32.18% | Feb 20, 2020 | 22 | Mar 20, 2020 | 163 | Nov 10, 2020 | 185 |
| -25.25% | Jan 5, 2022 | 194 | Oct 12, 2022 | 341 | Feb 22, 2024 | 535 |
| -22.99% | May 2, 2011 | 108 | Oct 3, 2011 | 238 | Sep 13, 2012 | 346 |
| -18.64% | May 22, 2015 | 183 | Feb 11, 2016 | 233 | Jan 13, 2017 | 416 |
| -16.98% | Jan 29, 2018 | 229 | Dec 24, 2018 | 129 | Jul 1, 2019 | 358 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading data...