2 / 5 Stars
3 3 1 1 5
Zacks Investment Research
Standard & Poor's
2 / 5 Stars
#24 in Target Date 2036-2040
U.S. News evaluated 51 Target Date 2036-2040 Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 13.78 percent over the past year, 8.88 percent over the past three years, 16.94 percent over the past five years, and 5.51 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-3.1%|
|3 Years (Annualized)||8.9%|
|5 Years (Annualized)||16.9%|
|10 Years (Annualized)||5.5%|
The investment seeks to achieve as high a total rate of return on an annual basis as is considered consistent with prudent investment risk and the preservation of capital. The fund invests in a combination of domestic and international mutual funds sponsored by MassMutual or its affiliates ("underlying funds"). It allocates its assets among underlying funds according to an asset allocation strategy that becomes increasingly conservative until it reaches approximately 50% in equity and similar funds and 50% in fixed income funds, including money market funds, in 2040, and approximately 35% in equity and similar funds and 65% in fixed income funds.
Fees are Average compared to funds in the same category.
MassMutual RetireSMART 2040 Fund has an expense ratio of 0.56 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.