MassMutual 40/60 Allocation Fund (MRMAX)
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 40% of its assets in equity and similar funds and approximately 60% in fixed income funds, including money market funds.
Fund Info
US57630A4857
Jun 19, 2011
$0
Large-Cap
Blend
Expense Ratio
MRMAX features an expense ratio of 0.61%, falling within 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
The chart shows the growth of an initial investment of $10,000 in MassMutual 40/60 Allocation Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
MassMutual 40/60 Allocation Fund had a return of 2.59% year-to-date (YTD) and 8.34% in the last 12 months. Over the past 10 years, MassMutual 40/60 Allocation Fund had an annualized return of 1.25%, while the S&P 500 had an annualized return of 11.31%, indicating that MassMutual 40/60 Allocation Fund did not perform as well as the benchmark.
MRMAX
2.59%
1.90%
0.87%
8.34%
1.07%
1.25%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of MRMAX, 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 | 1.69% | 2.59% | |||||||||||
| 2024 | -0.12% | 0.81% | 1.83% | -3.26% | 2.68% | 0.91% | 2.36% | 1.97% | 1.61% | -2.33% | 2.49% | -3.44% | 5.36% |
| 2023 | 4.70% | -2.48% | 1.94% | 0.83% | -1.18% | 2.27% | 1.52% | -1.61% | -3.51% | -2.06% | 6.43% | 2.86% | 9.61% |
| 2022 | -2.87% | -1.83% | -0.73% | -5.23% | 0.33% | -5.06% | 4.29% | -2.78% | -6.51% | 2.20% | 5.02% | -6.21% | -18.46% |
| 2021 | -0.69% | 0.90% | 0.99% | 2.64% | 0.95% | 0.57% | 0.84% | 0.93% | -2.03% | 2.07% | -1.20% | -3.47% | 2.35% |
| 2020 | 0.83% | -3.21% | -9.41% | 5.90% | 3.23% | 2.05% | 3.39% | 2.46% | -1.50% | -0.91% | 6.24% | 0.06% | 8.42% |
| 2019 | 5.81% | 1.83% | 1.27% | 2.40% | -3.26% | 4.53% | 0.30% | -0.80% | 1.22% | 1.50% | 2.27% | -6.04% | 10.97% |
| 2018 | 2.99% | -2.81% | -0.77% | 0.10% | 0.87% | -0.39% | 1.84% | 0.85% | -0.19% | -5.37% | 1.49% | -11.60% | -13.05% |
| 2017 | 1.60% | 1.67% | 0.52% | 1.13% | 1.11% | 0.40% | 1.60% | 0.39% | 1.17% | 1.06% | 1.15% | 0.63% | 13.15% |
| 2016 | -3.54% | -0.46% | 4.85% | 0.99% | 0.55% | 0.00% | 2.71% | 0.32% | 0.32% | -1.57% | 0.64% | 1.15% | 5.85% |
| 2015 | -0.30% | 2.75% | -0.60% | 0.70% | 0.30% | -1.48% | 0.40% | -6.79% | -2.04% | 4.16% | -0.42% | -2.99% | -6.54% |
| 2014 | -1.78% | 3.15% | -0.00% | 0.37% | 1.57% | 1.36% | -1.61% | 2.01% | -4.83% | 1.60% | 0.83% | -7.72% | -5.46% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MRMAX is 57, 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 40/60 Allocation Fund (MRMAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
MassMutual 40/60 Allocation Fund provided a 2.75% dividend yield over the last twelve months, with an annual payout of $0.25 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 | $0.25 | $0.25 | $0.19 | $0.16 | $0.27 | $0.27 | $0.18 | $0.24 | $0.28 | $0.16 | $0.17 | $0.25 |
Dividend yield | 2.75% | 2.82% | 2.16% | 2.03% | 2.64% | 2.68% | 1.84% | 2.78% | 2.66% | 1.68% | 1.85% | 2.49% |
Monthly Dividends
The table displays the monthly dividend distributions for MassMutual 40/60 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 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.25 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.19 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.27 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.27 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.24 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.28 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2014 | $0.25 | $0.25 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the MassMutual 40/60 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 40/60 Allocation Fund was 24.23%, occurring on Oct 14, 2022. The portfolio has not yet recovered.
The current MassMutual 40/60 Allocation Fund drawdown is 8.96%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -24.23% | Nov 10, 2021 | 234 | Oct 14, 2022 | — | — | — |
| -23.99% | Jan 29, 2018 | 541 | Mar 23, 2020 | 172 | Nov 24, 2020 | 713 |
| -22.13% | Jul 7, 2014 | 405 | Feb 11, 2016 | 464 | Dec 13, 2017 | 869 |
| -13.28% | Jul 8, 2011 | 61 | Oct 3, 2011 | 94 | Feb 16, 2012 | 155 |
| -7.14% | Apr 3, 2012 | 43 | Jun 4, 2012 | 70 | Sep 13, 2012 | 113 |
Volatility
Volatility Chart
The current MassMutual 40/60 Allocation Fund volatility is 1.44%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.