MassMutual 60/40 Allocation Fund (MOGAX)
The fund is a "fund of funds" and 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. It typically invests approximately 60% of its assets in equity and similar funds and approximately 40% in fixed income funds, including money market funds.
Fund Info
US57630A4444
Jun 19, 2011
$0
Large-Cap
Blend
Expense Ratio
MOGAX has an expense ratio of 0.61%, 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 60/40 Allocation Fund (MOGAX) returned 0.80% year-to-date (YTD) and 2.28% over the past 12 months. Over the past 10 years, MOGAX returned 0.50% annually, underperforming the S&P 500 benchmark at 10.45%.
MOGAX
0.80%
3.51%
-5.22%
2.28%
2.85%
0.50%
^GSPC (Benchmark)
-3.77%
3.72%
-5.60%
8.55%
14.11%
10.45%
Monthly Returns
The table below presents the monthly returns of MOGAX, 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 | 2.28% | 0.33% | -2.33% | -0.11% | 0.68% | 0.80% | |||||||
| 2024 | -0.00% | 1.87% | 2.29% | -3.48% | 3.13% | 0.90% | 2.46% | 2.18% | 1.60% | -2.20% | 3.22% | -6.65% | 4.91% |
| 2023 | 5.39% | -2.68% | 2.13% | 0.98% | -1.34% | 3.57% | 2.14% | -1.98% | -3.80% | -2.34% | 7.32% | 2.39% | 11.72% |
| 2022 | -3.43% | -1.93% | 0.31% | -6.09% | 0.33% | -6.35% | 5.61% | -3.10% | -7.43% | 4.32% | 5.44% | -11.11% | -22.35% |
| 2021 | -0.79% | 2.08% | 2.04% | 3.52% | 1.01% | 0.73% | 1.08% | 1.43% | -2.82% | 3.44% | -1.66% | -6.55% | 3.08% |
| 2020 | 0.53% | -4.96% | -12.00% | 7.58% | 4.11% | 2.37% | 3.86% | 3.60% | -2.05% | -1.25% | 8.36% | 1.57% | 10.41% |
| 2019 | 7.32% | 2.73% | 1.34% | 3.41% | -4.66% | 5.42% | 0.40% | -1.61% | 1.63% | 1.91% | 2.76% | -8.38% | 11.86% |
| 2018 | 4.53% | -3.71% | -1.10% | 0.37% | 1.02% | -0.37% | 2.39% | 1.08% | -0.18% | -6.85% | 1.91% | -17.21% | -18.36% |
| 2017 | 2.10% | 2.05% | 0.81% | 1.30% | 1.48% | 0.58% | 2.12% | 0.19% | 1.89% | 1.67% | 1.55% | 0.07% | 16.95% |
| 2016 | -5.30% | -0.93% | 6.35% | 1.11% | 0.77% | -0.65% | 3.50% | 0.53% | 0.42% | -1.99% | 1.71% | 1.67% | 6.94% |
| 2015 | -1.19% | 4.33% | -0.87% | 0.97% | 0.58% | -1.63% | 0.49% | -9.20% | -2.88% | 5.82% | -0.31% | -4.23% | -8.61% |
| 2014 | -3.00% | 4.36% | -0.09% | 0.17% | 1.65% | 1.88% | -2.18% | 2.49% | -6.29% | 1.79% | 1.14% | -10.67% | -9.33% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MOGAX is 34, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for MassMutual 60/40 Allocation Fund (MOGAX) 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 60/40 Allocation Fund provided a 6.18% dividend yield over the last twelve months, with an annual payout of $0.55 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 | $0.55 | $0.55 | $0.34 | $0.14 | $1.34 | $0.37 | $1.29 | $1.33 | $0.45 | $0.15 | $0.32 | $1.28 |
Dividend yield | 6.18% | 6.23% | 3.93% | 1.84% | 13.14% | 3.65% | 13.70% | 15.46% | 4.16% | 1.55% | 3.52% | 12.71% |
Monthly Dividends
The table displays the monthly dividend distributions for MassMutual 60/40 Allocation 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.55 | $0.55 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.34 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.14 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.34 | $1.34 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | $0.37 |
| 2019 | $0.00 | $0.02 | $0.03 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.22 | $1.29 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.33 | $1.33 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.45 | $0.45 |
| 2016 | $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 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.32 | $0.32 |
| 2014 | $1.28 | $1.28 |
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 60/40 Allocation 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 60/40 Allocation Fund was 34.43%, occurring on Mar 23, 2020. Recovery took 263 trading sessions.
The current MassMutual 60/40 Allocation Fund drawdown is 16.95%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -34.43% | Jan 29, 2018 | 541 | Mar 23, 2020 | 263 | Apr 8, 2021 | 804 |
| -30.24% | Nov 10, 2021 | 285 | Dec 28, 2022 | — | — | — |
| -30.14% | Jul 7, 2014 | 405 | Feb 11, 2016 | 479 | Jan 5, 2018 | 884 |
| -19.38% | Jul 8, 2011 | 61 | Oct 3, 2011 | 111 | Mar 13, 2012 | 172 |
| -10.39% | Mar 27, 2012 | 48 | Jun 4, 2012 | 70 | Sep 13, 2012 | 118 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading data...