MMFZX Performance — MassMutual Select T. Rowe Price Retirement 2045 Fund, Class M3
Data updated: 2025-08-25
MMFZX returned +11.48% over one year to Jun 2025. Annualised returns are +14.09% over 3 years and +11.07% over 5 years. Against its Target-Date category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $148, against $141 for the category, and to $111 over one year, against $112. Volatility over the past three years was 14.10% a year. In the 12 months to Jun 2025 the fund lost a net $367.2M, and assets reached $185.63M.
MMFZX Growth of $100
What $100 invested in MassMutual Select T. Rowe Price Retirement 2045 Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | MMFZX | Category average |
|---|---|---|
| 1 year (Jul 2024 – Jun 2025) | $111 | $112 |
| 3 years (Jul 2022 – Jun 2025) | $148 | $141 |
| 5 years (Jul 2020 – Jun 2025) | $169 | $154 |
| Since data start (Jul 2019 – Jun 2025) | $173 | $159 |
MMFZX Trailing Returns
Total returns to Jun 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +11.48% |
| 3 years (annualised) | +14.09% |
| 5 years (annualised) | +11.07% |
MMFZX Annual Returns
Calendar-year total returns of MassMutual Select T. Rowe Price Retirement 2045 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Jun) | +7.65% |
| 2024 | +13.29% |
| 2023 | +19.92% |
| 2022 | −19.55% |
| 2021 | +16.49% |
| 2020 | +17.67% |
| 2019 (Jul–Dec) | +7.50% |
MMFZX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | −2.9% | −0.3% | +3.1% | −0.3% | +4.5% | +3.6% | — | — | — | — | — | — |
| 2024 | +3.6% | +4.4% | 0.0% | +1.0% | +3.8% | −3.5% | +1.4% | +2.2% | +2.1% | −3.9% | +4.1% | −2.2% |
| 2023 | +2.1% | −2.8% | +6.9% | +5.6% | −1.1% | +1.2% | −4.2% | −2.6% | +3.5% | +5.1% | +8.2% | −2.9% |
| 2022 | +1.0% | −2.5% | −5.5% | −7.6% | +0.2% | −8.1% | −8.7% | −3.9% | +6.5% | −4.3% | +7.3% | +5.9% |
| 2021 | +2.2% | +3.6% | −0.2% | +1.0% | +1.2% | +4.2% | −3.9% | +2.4% | +0.5% | +3.0% | −3.0% | +4.7% |
| 2020 | −14.1% | −6.6% | −0.8% | +2.9% | +5.1% | +10.8% | −2.9% | +5.1% | +5.1% | +4.3% | +11.5% | −1.1% |
| 2019 | — | — | — | — | — | — | +1.2% | −1.4% | +0.4% | +3.0% | +2.7% | +1.5% |
MMFZX Risk
Risk measures from monthly returns over Jul 2022 – Jun 2025.
- 3-year volatility (annualised): 14.10%
- 3-year Sharpe ratio: 0.68 (vs 4.5% risk-free rate)
- Best month: +8.20% (Nov 2023)
- Worst month: −8.68% (Jul 2022)
MMFZX Fund Flows
Monthly money in and out of MassMutual Select T. Rowe Price Retirement 2045 Fund, from SEC Form N-PORT.
- 12-month net flow: −$367.2M
- 12-month gross sales (incl. reinvestments): $119.4M
- Sales ÷ redemptions: 0.25×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2025 | $2.9M | $3.4M | −$494K |
| May 2025 | $2.8M | $3.4M | −$616K |
| Apr 2025 | $2.7M | $19.1M | −$16.4M |
| Mar 2025 | $5.5M | $343.1M | −$337.6M |
| Feb 2025 | $3.4M | $7.6M | −$4.2M |
| Jan 2025 | $2.9M | $6.7M | −$3.8M |
| Dec 2024 | $8.9M | $8.2M | $716K |
| Nov 2024 | $7.9M | $21.0M | −$13.1M |
| Oct 2024 | $54.8M | $15.3M | $39.5M |
| Sep 2024 | $9.5M | $16.6M | −$7.1M |
| Aug 2024 | $10.6M | $19.1M | −$8.6M |
| Jul 2024 | $7.4M | $22.9M | −$15.6M |
MMFZX Assets Under Management
Net assets of MassMutual Select T. Rowe Price Retirement 2045 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-06-30 | $185.63M |
| 2025-03-31 | $189.45M |
| 2024-12-31 | $532.93M |
| 2024-09-30 | $563.57M |
| 2024-06-30 | $561.64M |
| 2024-03-31 | $715.65M |
| 2023-12-31 | $636.90M |
| 2023-09-30 | $586.31M |
| 2023-06-30 | $603.50M |
| 2023-03-31 | $561.56M |
| 2022-12-31 | $525.18M |
| 2022-09-30 | $475.43M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.