MMDHX

About MMDHX

MassMutual Select T. Rowe Price Retirement 2050 Fund is a target-date mutual fund designed for investors planning to retire around 2050. Its primary objective is to deliver total return over time with an emphasis on both capital growth and income, implemented through a fund‑of‑funds structure that allocates across underlying T. Rowe Price and MassMutual Select equity, fixed income, and real asset strategies. The portfolio follows a glide path that maintains a higher allocation to equities in the early years and gradually increases fixed income exposure as the target date approaches, aligning risk with an investor’s time horizon. Notable building blocks include large-cap U.S., international, and small/mid-cap equities, complemented by bonds, cash, and real assets for diversification. Independent sustainability trackers report exposure to fossil fuels and deforestation‑risk companies, reflecting broad‑market holdings typical of many target‑date strategies. Within the target-date fund landscape, it serves as a diversified, actively managed option that integrates T. Rowe Price’s asset allocation and research capabilities to provide age‑appropriate risk management over an investor’s lifecycle.