MMNFX — MassMutual Growth Opportunities Fund
Data updated: 2024-11-27
MMNFX — MassMutual Growth Opportunities Fund. United States Growth Equity · 0.95% expense ratio. Holdings, fees, performance and SEC filings.
MMNFX Fund Overview
MMNFX — MassMutual Growth Opportunities Fund is a US mutual fund managed by Massmutual Select Funds, categorised as United States Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Massmutual Select Funds
- Category: United States Growth Equity
- 1-year return: 38.5%
- Ticker: MMNFX
- SEC CIK: 0000916053
- SEC series ID: S000003656
- Share class ID: C000240787
MMNFX Investment Objective and Strategy
MassMutual Growth Opportunities Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Massmutual Select Funds.
Investment objective
This Fund seeks long-term capital appreciation.
Principal investment strategy
This Fund seeks to achieve its objective by investing primarily in equity securities of U.S. companies that the Funds subadvisers believe offer the potential for long-term growth. Under normal market conditions, the Fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities. Equity securities may include common stocks, preferred stocks, securities convertible into common or preferred stock, rights, and warrants. The Fund typically invests most of its assets in mid- and large-capitalization equity securities of U.S. companies, but may invest up to 20% of its total assets in foreign securities and American Depositary Receipts (ADRs), including emerging market securities. The Fund may hold a portion of its assets in cash or cash equivalents.
The Fund is non-diversified, which means that it may hold larger positions in a smaller number of stocks than a diversified Fund. The Fund is managed by two subadvisers, Sands Capital Management, LLC (Sands Capital) and Jackson Square Partners, LLC (Jackson Square), each being responsible for a portion of the portfolio, but not necessarily equally weighted. Sands Capital seeks long-term capital appreciation by investing in stocks believed to have potential for dramatic wealth creation using bottom-up, fundamental research and focusing on six key investment criteria: sustainable, above average earnings growth, a leadership position in a promising business space, significant competitive advantages/unique business franchise, a clear mission and value-added focus, financial strength, and rational valuation relative to the market and business prospects.
Sands Capital does not typically invest in companies with market capitalizations less than $1 billion. Jackson Square seeks to select securities that it believes are undervalued in relation to their intrinsic value, as indicated by multiple factors, including the return on capital above its cost of capital. Jackson Square will normally invest in common stocks of companies with market capitalizations of at least $3 billion at the time of purchase. Each subadviser may sell securities for a variety of reasons, such as, if, in its judgment, the prospects for future growth diminish, a more attractive opportunity is identified, if fundamentals unexpectedly change, or if valuations are stretched past fair value.
MMNFX Holdings
Top 10 holdings of MassMutual Growth Opportunities Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corp. | 11.10% |
| Microsoft Corp. | 10.54% |
| Amazon.com, Inc. | 8.56% |
| Servicenow, Inc. | 4.41% |
| Meta Platforms, Inc. Class A | 3.37% |
| Alphabet, Inc. Cl A | 3.29% |
| Edwards Lifesciences Corp. | 2.98% |
| Visa, Inc. Class A Shares | 2.95% |
| Datadog, Inc. Class A | 2.59% |
| Uber Technologies, Inc. | 2.58% |
MMNFX Portfolio Allocation
Asset-class allocation of MassMutual Growth Opportunities Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.9% |
| Cash & Equivalents | 2.9% |
MMNFX Performance
Total returns for MMNFX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 38.5% |
MMNFX Risk Information
Risk metrics for MMNFX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 20.0%
MMNFX Costs and Fees
MMNFX costs about $95 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.95%
- Gross expense ratio: 0.95%
- Portfolio turnover: 29%
- Brokerage commissions: 3.23 bps of average net assets (SEC N-CEN)
MMNFX Cashflows
Over the 12 months to 2024-09, MassMutual Growth Opportunities Fund had net outflows of $168.58M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-09 | −$2.49M |
| 2024-08 | −$11.25M |
| 2024-07 | −$96.43M |
| 2024-06 | −$8.35M |
| 2024-05 | −$3.73M |
| 2024-04 | −$9.29M |
MMNFX Debt Constituents
No individual debt constituents are reported in MassMutual Growth Opportunities Fund's latest SEC N-PORT filing.
MMNFX Prospectus and SEC Filings
Official MassMutual Growth Opportunities Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-02-02
- Prospectus (485BPOS) — filed 2023-01-31
- Prospectus (485BPOS) — filed 2022-01-31
- Portfolio holdings (N-PORT) — filed 2024-11-27
- Portfolio holdings (N-PORT) — filed 2024-08-29
- Portfolio holdings (N-PORT) — filed 2024-05-30
- Annual census (N-CEN) — filed 2023-12-13
- Annual census (N-CEN) — filed 2022-12-14
Related Funds
Other United States Growth 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.