Industry description
The investment seeks the highest total return over time consistent with an emphasis on both capital growth and income.
The fund is a "fund of funds" that pursues its objective by investing in a diversified portfolio of other stock and bond series of both the MassMutual Funds and T. Rowe Price Funds that represent various asset classes and sectors ("underlying funds"). Its allocation among underlying funds will change over time in relation to its target retirement date. The fund is primarily designed for an investor who retired at or about the target date and who plans to withdraw the value of the account in the fund gradually after retirement.