Mutual Fund Insights: MassMutual Select Dest Retire 2040 A Fund (MRFAX)

In-depth Analysis of MassMutual Select Dest Retire 2040 A Fund (MRFAX)

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See MassMutual Select Dest Retire 2040 A Fund (MRFAX) performance details as of January 31, 2010

  

Last Trade: $8.96 on 3/17/2010, Change: +0.06 (0.67%)

  

Fund Manager - Bruce Picard Jr.

Fund Manager Tenure: 4.0 years   [Similar Funds: MRFLX  MRFYX ]
Fundmojo Fund Grade: C (Score: 0.5)     (What does this score mean?)

Picard joined MassMutual in 2005 as investment consultant. Prior to joining MassMutual, Picard was a vice president at Loomis, Sayles & Co. LP, where he worked in various positions covering research, portfolio analysis and product development for the company's Specialty Growth and mutual fund units. Picard holds the Chartered Financial Analyst designation.  Get more insights on Bruce Picard Jr.

  

 What we like about MassMutual Select Dest Retire 2040 A Fund (MRFAX)

Data for MassMutual Select Dest Retire 2040 A Fund (MRFAX) as of January 31, 2010

• MassMutual Select Dest Retire 2040 A Fund (MRFAX) management has been with MassMutual Select Dest Retire 2040 A Fund for 4.0 years
• MassMutual Select Dest Retire 2040 A Fund (MRFAX) has good short-term performance (1-year return 39.32% vs 36.44% Target Date 2036-2040 category average)
• MassMutual Select Dest Retire 2040 A Fund (MRFAX) ratio of up-years vs down years is greater than 2
• MassMutual Select Dest Retire 2040 A Fund (MRFAX) has an annual stock turnover rate of 38.00% vs Target Date 2036-2040 average of 42.51%. It is good that MassMutual Select Dest Retire 2040 A management does not trade extensively for its return.

  

 What we are cautious about MassMutual Select Dest Retire 2040 A Fund (MRFAX)

Data for MassMutual Select Dest Retire 2040 A Fund (MRFAX) as of January 31, 2010

• MassMutual Select Dest Retire 2040 A Fund is a focused fund with 58.44% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• MassMutual Select Dest Retire 2040 A Fund (MRFAX) has a less-than-ideal mid-term performance (3-year return -7.00% vs -6.79% Target Date 2036-2040 category average)
• MassMutual Select Dest Retire 2040 A Fund (MRFAX) has a less-than-ideal Long-term performance (5-year return 0.22% vs 0.75% Target Date 2036-2040 category average)
• MassMutual Select Dest Retire 2040 A Fund (MRFAX) has a Morningstar rating of 3 and below
• MassMutual Select Dest Retire 2040 A Fund (MRFAX) is less safe compared to its Target Date 2036-2040 peers
• MassMutual Select Dest Retire 2040 A Fund (MRFAX) does not have a good risk adjusted return as its 3-year Alpha of -5.83 is worse than category average of -5.8, and its 3-year Sharpe ratio is -0.32
• MassMutual Select Dest Retire 2040 A Fund (MRFAX) is more volatile than its peers as it has a 3-year Standard Deviation of 21.44 that is higher than category average of 20.67
• MassMutual Select Dest Retire 2040 A Fund (MRFAX) has a higher management fee of 1.34% than its Target Date 2036-2040 average of 0.64%
• MassMutual Select Dest Retire 2040 A Fund (MRFAX) carries a 5.75% load

See MassMutual Select Dest Retire 2040 A Fund (MRFAX) performance details as of January 31, 2010

  

  

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MassMutual Select Dest Retire 2040 A Fund (MRFAX) Net Asset

Track net asset change of MassMutual Select Dest Retire 2040 A fund (MRFAX)

Date	Net Asset
01/2010	$38.89M
11/2009	$39.74M
10/2009	$38.76M

More historic net asset information on MassMutual Select Dest Retire 2040 A Fund (MRFAX)

  

MassMutual Select Dest Retire 2040 A Fund (MRFAX) Portfolio Allocation

Track portfolio allocation change of MassMutual Select Dest Retire 2040 A fund (MRFAX)

Date	Cash	Stock	Bond	Other
11/2009	4.02%	90.02%	5.68%	0.28%
08/2009	3.53%	90.96%	5.26%	0.25%
05/2009	3.75%	90.28%	5.57%	0.39%

Click here to see more historic asset allocation information on MassMutual Select Dest Retire 2040 A Fund (MRFAX)

  

Most Recent Top 10 Holdings in MassMutual Select Dest Retire 2040 A Fund (MRFAX)

Discover what MassMutual Select Dest Retire 2040 A Fund (MRFAX) manager is buying

30-Nov-09 MassMutual Select Overseas S [11.26%] MassMutual Select Fundamental Value S [7.94%] MassMutual Select Large Cap Growth S [5.82%] MassMutual Premier Enhanced Index Gr S [5.5%] MassMutual Select Diversified Value S [5.29%] MassMutual Premier Enhanced Index Val S [5.27%] MassMutual Select Diversified Intl S [5.01%] MassMutual Select Aggressive Growth S [4.21%] MassMutual Select Blue Chip Growth S [4.09%] MassMutual Premier Strategic Emerg Mkt S [4.05%]

31-Aug-09 MassMutual Select Overseas S [11.53%] MassMutual Select Fundamental Value S [7.99%] MassMutual Select Large Cap Growth S [5.51%] MassMutual Premier Enhanced Index Gr S [5.48%] MassMutual Select Diversified Value S [5.48%] MassMutual Premier Enhanced Index Val S [5.32%] MassMutual Select Diversified Intl S [5.06%] MassMutual Select Blue Chip Growth S [4.36%] MassMutual Select Aggressive Growth S [4.18%] MassMutual Premier Main St Sm Cap S [4.06%]

31-May-09 MassMutual Select Overseas S [11.2%] MassMutual Select Fundamental Value S [8.08%] MassMutual Select Large Cap Growth S [5.66%] MassMutual Premier Enhanced Index Gr S [5.48%] MassMutual Select Diversified Value S [5.44%] MassMutual Premier Enhanced Index Val S [5.26%] MassMutual Select Diversified Intl S [4.95%] MassMutual Select Blue Chip Growth S [4.46%] MassMutual Select Aggressive Growth S [4.29%] MassMutual Premier Main St Sm Cap S [4.15%]

Click here for Stock Holding Change Map in MassMutual Select Dest Retire 2040 A Fund (MRFAX)

  

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See more information on MassMutual Select Dest Retire 2040 A Fund (MRFAX)

• MassMutual Select Dest Retire 2040 A Fund Insights
• MassMutual Select Dest Retire 2040 A Fund Performance Data
• MassMutual Select Dest Retire 2040 A Fund News
• MassMutual Select Dest Retire 2040 A Fund Score Explaination
• MassMutual Select Dest Retire 2040 A Fund Manager Information
• Historic MassMutual Select Dest Retire 2040 A Fund Asset Allocation Report
• Historic MassMutual Select Dest Retire 2040 A Fund Top 10 Holding Tracking
• Historic MassMutual Select Dest Retire 2040 A Fund Asset Under Management Tracking