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MassMutual Global Fund
mutual fund
MGFLX
Payout Change
Suspended
Price as of:
$11.58
+0.19
+1.67%
primary theme
N/A
share class
MGFLX (Mutual Fund)
MassMutual Global Fund
Payout Change
Suspended
Price as of:
$11.58
+0.19
+1.67%
primary theme
N/A
share class
MGFLX (Mutual Fund)
MassMutual Global Fund
Payout Change
Suspended
Price as of:
$11.58
+0.19
+1.67%
primary theme
N/A
share class
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
21.1%
1 yr return
64.1%
3 Yr Avg Return
2.4%
5 Yr Avg Return
10.2%
Net Assets
$201 M
Holdings in Top 10
50.9%
52 WEEK LOW AND HIGH
$11.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.22%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 10.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
MGFLX - Profile
Distributions
- YTD Total Return 21.1%
- 3 Yr Annualized Total Return 2.4%
- 5 Yr Annualized Total Return 10.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.59%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameMassMutual Global Fund
-
Fund Family NameMASSMUTUAL FUNDS
-
Inception DateDec 31, 2004
-
Shares OutstandingN/A
-
Share ClassAdmin
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJohn Delano
Fund Description
Principal Investment Strategies
The Fund invests primarily in common stocks of companies in the U.S. and foreign countries. The Fund can invest without limit in foreign securities, including American Depositary Receipts (“ADRs”), and can invest in any country, including developing or emerging market countries. However, the Fund currently emphasizes investments in developed markets such as the United States, Western European countries, and Japan. The Fund is not required to allocate its investments in any set percentages to any particular countries. As a fundamental policy, the Fund normally will invest in at least three countries (one of which may be the United States). Typically, the Fund invests in a number of different countries. The Fund does not limit its investments to companies in a particular market capitalization range, but currently focuses on common stocks of mid- and large-cap companies. In addition to common stocks, the Fund can invest in preferred stocks. The Fund may purchase American Depositary Shares (“ADS”) as part of ADR issuances, which are negotiable certificates issued by a U.S. bank representing a specified number of shares in a foreign stock traded on a U.S. exchange. The Fund may purchase exchange-traded options for hedging purposes or to take long or short positions on equity securities or indexes of equity securities. Use of derivatives by the Fund may create investment leverage. 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.
The Fund’s subadviser, Invesco Advisers, Inc. (“Invesco Advisers”), primarily looks for quality companies, regardless of domicile, that have sustainable growth. Invesco Advisers’ investment
approach combines a thematic approach to idea generation with bottom-up, fundamental company analysis. Invesco Advisers seeks to identify secular changes in the world and looks for pockets of durable change that it believes will drive global growth for the next decade. These large scale structural themes are referred to collectively as MANTRA®: Mass Affluence, New Technology, Restructuring, and Aging. Invesco Advisers does not target a fixed allocation with regard to any particular theme, and may choose to focus on various sub-themes within each theme. Within each sub-theme, Invesco Advisers employs fundamental company analysis to select investments for the Fund’s portfolio. The economic characteristics Invesco Advisers seeks include a combination of high return on invested capital, good cash flow characteristics, high barriers to entry, dominant market share, a strong competitive position, talented management, and balance sheet strength that Invesco Advisers believes will enable the company to fund its own growth. These criteria may vary. Invesco Advisers also considers how industry dynamics, market trends, and general economic conditions may affect a company’s earnings outlook.
Invesco Advisers has a long-term investment horizon of typically three to five years. Invesco Advisers also has a contrarian buy discipline; Invesco Advisers buys high quality companies that fit its investment criteria when their valuations underestimate their long-term earnings potential. For example, a company’s stock price may dislocate from its fundamental outlook due to a short-term earnings glitch or negative, short-term market sentiment, which can give rise to an investment opportunity. Invesco Advisers monitors individual issuers for changes in earnings potential or other effects of changing market conditions that may trigger a decision to sell a security, but do not require a decision to do so.
MGFLX - Performance
Return Ranking - Trailing
| Period | MGFLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 21.1% | -35.6% | 29.2% | 75.28% |
| 1 Yr | 64.1% | 17.3% | 252.4% | 21.48% |
| 3 Yr | 2.4%* | -3.5% | 34.6% | 35.52% |
| 5 Yr | 10.2%* | 0.1% | 32.7% | 22.82% |
| 10 Yr | 9.8%* | -6.9% | 18.3% | 31.73% |
* Annualized
Return Ranking - Calendar
| Period | MGFLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 2.7% | -24.3% | 957.1% | 25.41% |
| 2022 | -46.1% | -38.3% | 47.1% | 9.36% |
| 2021 | 2.9% | -54.2% | 0.6% | 97.58% |
| 2020 | 21.2% | -76.0% | 54.1% | 39.68% |
| 2019 | 30.2% | -26.1% | 47.8% | 90.11% |
Total Return Ranking - Trailing
| Period | MGFLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 21.1% | -35.6% | 29.2% | 75.39% |
| 1 Yr | 64.1% | 11.4% | 252.4% | 20.23% |
| 3 Yr | 2.4%* | -3.5% | 34.6% | 33.70% |
| 5 Yr | 10.2%* | 0.1% | 32.7% | 21.48% |
| 10 Yr | 9.8%* | -6.9% | 18.3% | 30.98% |
* Annualized
Total Return Ranking - Calendar
| Period | MGFLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 33.9% | -24.3% | 957.1% | 25.41% |
| 2022 | -32.2% | -33.1% | 47.1% | 9.36% |
| 2021 | 13.7% | -44.4% | 1.8% | 97.71% |
| 2020 | 27.4% | -6.5% | 54.1% | 5.42% |
| 2019 | 31.0% | -14.4% | 47.8% | 83.57% |
NAV & Total Return History
MGFLX - Holdings
Concentration Analysis
| MGFLX | Category Low | Category High | MGFLX % Rank | |
|---|---|---|---|---|
| Net Assets | 201 M | 199 K | 133 B | 56.58% |
| Number of Holdings | 62 | 1 | 9075 | 51.76% |
| Net Assets in Top 10 | 95.7 M | -18 M | 37.6 B | 48.90% |
| Weighting of Top 10 | 50.87% | 9.1% | 100.0% | 19.57% |
Top 10 Holdings
- COMMON STOCK USD.001 10.62%
- COMMON STOCK USD.000006 8.92%
- COMMON STOCK INR2.0 5.16%
- COMMON STOCK USD.167 4.60%
- COMMON STOCK USD1.0 4.28%
- COMMON STOCK DKK.1 3.92%
- COMMON STOCK 3.54%
- COMMON STOCK USD.01 3.41%
- COMMON STOCK USD.001 3.23%
- COMMON STOCK EUR.3 3.18%
Asset Allocation
| Weighting | Return Low | Return High | MGFLX % Rank | |
|---|---|---|---|---|
| Stocks | 100.63% | 61.84% | 125.47% | 27.53% |
| Cash | 1.51% | -174.70% | 23.12% | 67.29% |
| Other | 0.25% | -13.98% | 19.14% | 82.82% |
| Preferred Stocks | 0.00% | -0.01% | 5.28% | 81.39% |
| Convertible Bonds | 0.00% | 0.00% | 4.46% | 79.52% |
| Bonds | 0.00% | -1.50% | 161.67% | 80.18% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MGFLX % Rank | |
|---|---|---|---|---|
| Technology | 30.94% | 0.00% | 49.87% | 13.55% |
| Communication Services | 16.44% | 0.00% | 57.66% | 6.17% |
| Industrials | 14.72% | 0.00% | 44.06% | 15.09% |
| Consumer Cyclical | 14.50% | 0.00% | 40.94% | 23.02% |
| Healthcare | 9.88% | 0.00% | 35.42% | 87.00% |
| Financial Services | 8.60% | 0.00% | 38.42% | 75.99% |
| Real Estate | 3.15% | 0.00% | 39.48% | 38.22% |
| Basic Materials | 1.75% | 0.00% | 38.60% | 79.52% |
| Utilities | 0.00% | 0.00% | 29.12% | 96.26% |
| Energy | 0.00% | 0.00% | 21.15% | 94.27% |
| Consumer Defense | 0.00% | 0.00% | 73.28% | 99.56% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MGFLX % Rank | |
|---|---|---|---|---|
| US | 63.79% | 0.13% | 103.82% | 56.94% |
| Non US | 36.84% | 0.58% | 99.46% | 31.39% |
MGFLX - Expenses
Operational Fees
| MGFLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.22% | 0.01% | 44.27% | 53.82% |
| Management Fee | 0.75% | 0.00% | 1.82% | 61.82% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.30% | 0.01% | 0.76% | 96.09% |
Sales Fees
| MGFLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| MGFLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| MGFLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 10.00% | 0.00% | 395.00% | 9.52% |
MGFLX - Distributions
Dividend Yield Analysis
| MGFLX | Category Low | Category High | MGFLX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 3.26% | 79.43% |
Dividend Distribution Analysis
| MGFLX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annually | Annually | Annually |
Net Income Ratio Analysis
| MGFLX | Category Low | Category High | MGFLX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.59% | -4.27% | 12.65% | 85.11% |
Capital Gain Distribution Analysis
| MGFLX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 12, 2023 | $2.793 | CapitalGainLongTerm |
| Dec 13, 2022 | $2.541 | CapitalGainLongTerm |
| Dec 15, 2021 | $2.036 | CapitalGainLongTerm |
| Dec 11, 2020 | $0.835 | CapitalGainLongTerm |
| Dec 13, 2019 | $0.054 | OrdinaryDividend |
| Dec 13, 2019 | $0.032 | CapitalGainLongTerm |
| Dec 14, 2018 | $0.028 | CapitalGainShortTerm |
| Dec 14, 2018 | $2.866 | CapitalGainLongTerm |
| Dec 14, 2018 | $0.058 | OrdinaryDividend |
| Dec 18, 2017 | $0.049 | CapitalGainShortTerm |
| Dec 18, 2017 | $1.824 | CapitalGainLongTerm |
| Dec 18, 2017 | $0.114 | OrdinaryDividend |
| Dec 19, 2016 | $0.383 | CapitalGainLongTerm |
| Dec 19, 2016 | $0.141 | OrdinaryDividend |
| Dec 17, 2015 | $1.102 | CapitalGainLongTerm |
| Dec 17, 2015 | $0.088 | OrdinaryDividend |
| Dec 17, 2014 | $0.701 | CapitalGainLongTerm |
| Dec 17, 2014 | $0.141 | OrdinaryDividend |
| Dec 18, 2013 | $0.121 | CapitalGainLongTerm |
| Dec 18, 2013 | $0.124 | OrdinaryDividend |
| Dec 19, 2012 | $0.126 | OrdinaryDividend |
| Dec 19, 2011 | $0.121 | OrdinaryDividend |
| Dec 17, 2010 | $0.136 | OrdinaryDividend |
| Dec 18, 2009 | $0.092 | OrdinaryDividend |
| Dec 18, 2008 | $0.082 | OrdinaryDividend |
| Dec 17, 2007 | $0.130 | OrdinaryDividend |
| Dec 05, 2007 | $0.013 | CapitalGainShortTerm |
| Dec 26, 2006 | $0.069 | CapitalGainShortTerm |
| Dec 26, 2006 | $0.263 | CapitalGainLongTerm |
| Dec 26, 2006 | $0.142 | OrdinaryDividend |
| Dec 28, 2005 | $0.073 | OrdinaryDividend |
MGFLX - Fund Manager Analysis
Managers
John Delano
Start Date
Tenure
Tenure Rank
Mar 01, 2017
5.25
5.3%
John Delano, CFA, Portfolio Manager, who has been associated with Invesco Advisers, Inc. and/or its affiliates since 2019. Prior to 2019, Mr. Delano was a Vice President and Director of Equity Research, Global Team of Oppenheimer since 2010. Prior to that, Mr. Delano worked as a Senior Research Analyst in OppenheimerFunds, a global asset management firm, since 2007. Before joining OppenheimerFunds, John worked at Putnam Investments as an analyst covering large-cap growth focusing on hardware, software and telecommunication services. During his nine-year tenure at Putnam Investments, John was also a derivatives analyst as well as an equity analyst focusing on retail. Prior to that, he worked as a trader at NationsBanc-CRT. John holds a B.S. in civil engineering from the University of Virginia and an M.B.A. from Duke University. John is a CFA charter holder.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 35.82 | 6.24 | 1.25 |
