MML Fundamental Value Fund
Data updated: 2025-05-30
C000091023 — MML Fundamental Value Fund. United States Multi-Cap / All-Cap Value Equity · $154.88M AUM. Holdings, fees, performance and SEC filings.
C000091023 Fund Overview
MML Fundamental Value Fund is a US mutual fund managed by MML Series Investment Fund, categorised as United States Multi-Cap / All-Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: MML Series Investment Fund
- Category: United States Multi-Cap / All-Cap Value Equity
- Assets under management: $154.88M
- 1-year return: 2.9%
- SEC CIK: 0000067160
- SEC series ID: S000029641
- Share class ID: C000091023
C000091023 Investment Objective and Strategy
MML Fundamental Value Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by MML Series Investment Fund.
Investment objective
The Fund seeks long-term total return.
Principal investment strategy
The Fund invests primarily in equity securities of issuers that the Funds subadviser, Wellington Management Company LLP (Wellington Management), believes are undervalued. Under normal circumstances, the Fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities. Equity securities include common stock, preferred stock, securities convertible into common or preferred stock, rights, and warrants. Although the Fund may invest in companies of any size, the Fund will tend to focus on companies with large market capitalizations (which Wellington Management believes are generally above $2 billion). The Fund may invest up to 20% of its total assets in the securities of foreign issuers and American Depositary Receipts (ADRs), including emerging market securities.
The Fund may at times have significant exposure to one or more industries or sectors. The Fund may hold a portion of its assets in cash or cash equivalents. Wellington Management generally employs a bottom-up investment approach based on fundamental analysis of companies with large market capitalizations and estimated below-average projected price-to-earnings ratio. Based on its assessment of various company-specific factors, such as its business environment, management, balance sheet, income statement, cash flow, anticipated earnings, hidden or undervalued assets, dividends, and other related measures of value, Wellington Management seeks to identify what it considers to be overlooked or misunderstood companies with sound fundamentals. Wellington Management generally focuses on what it believes are securities of viable, growing businesses with good financial strength in industries that are temporarily out of favor and under-researched by institutions, but provide the potential for above-average total returns and sell at estimated below-average price-to-earnings multiples.
Market timing is not employed, and limited consideration is given to macroeconomic analysis in establishing sector and industry weightings. Wellington Management may sell existing holdings as they approach their price targets.
C000091023 Holdings
Top 10 holdings of MML Fundamental Value Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| JPMorgan Chase + Co. | 4.02% |
| Abbvie, Inc. | 2.83% |
| Philip Morris International | 2.74% |
| Unitedhealth Group, Inc. | 2.66% |
| Alphabet, Inc. Cl A | 2.33% |
| Cencora, Inc. | 2.10% |
| Repurchase Agreement | 2.02% |
| Sysco Corp. | 1.91% |
| Mckesson Corp. | 1.87% |
| Honeywell International, Inc. | 1.86% |
C000091023 Portfolio Allocation
Asset-class allocation of MML Fundamental Value Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.1% |
| Cash & Equivalents | 2.0% |
C000091023 Performance
Total returns for C000091023 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 2.9% |
| 3 years (annualised) | 7.3% |
| 5 years (annualised) | 18.2% |
C000091023 Risk Information
Risk metrics for C000091023, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 14.0%
C000091023 Costs and Fees
C000091023 costs about $105 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.05%
- Gross expense ratio: 1.05%
- Portfolio turnover: 50%
- Brokerage commissions: 4.26 bps of average net assets (SEC N-CEN)
C000091023 Cashflows
Over the 12 months to 2025-03, MML Fundamental Value Fund had net outflows of $15.65M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2025-03 | −$2.60M |
| 2025-02 | −$1.58M |
| 2025-01 | −$2.06M |
| 2024-12 | −$6.29M |
| 2024-11 | −$7.05M |
| 2024-10 | −$3.99M |
C000091023 Debt Constituents
No individual debt constituents are reported in MML Fundamental Value Fund's latest SEC N-PORT filing.
C000091023 Prospectus and SEC Filings
Official MML Fundamental Value Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-04-30
- Prospectus (485BPOS) — filed 2023-04-28
- Prospectus (485BPOS) — filed 2022-04-29
- Portfolio holdings (N-PORT) — filed 2025-05-30
- Portfolio holdings (N-PORT) — filed 2025-02-28
- Portfolio holdings (N-PORT) — filed 2024-11-27
- Annual census (N-CEN) — filed 2025-03-12
- Annual census (N-CEN) — filed 2024-03-12
Related Funds
Other United States Multi-Cap / All-Cap Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.