MassMutual Mid Cap Growth Fund

MASSMUTUAL SELECT FUNDS · 8 share classes

Actively managed U.S. equity fund
One fund, 8 share classes:MEFAXMMELXMEFNXMGRFXMEFYXMEFZXMEFFXMMNGX
$2.50B NAV
187 positions · as of 2026-06-30 · filed 2026-08-27

Fund classification

Classified from what the fund holds · as of 2026 Q2

MassMutual Mid Cap Growth Fund is an actively managed U.S. equity fund. 30% of MEFAX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 87% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund

Fund profile

As filed in the prospectus · 2026 Q1

This Fund seeks growth of capital over the long-term.

Strategy · summarised

The fund is managed by two subadvisers, T. Rowe Price and Frontier Capital Management, each responsible for a portion of the portfolio and employing distinct approaches: T. Rowe Price seeks mid-cap companies with above-average earnings growth and stock prices that appear to undervalue growth prospects, while Frontier applies a growth-at-a-reasonable-price approach targeting sustainable earnings and strong returns on capital. The fund invests at least 80% of assets in mid-cap equities (market capitalizations between $1.45 billion and $100.79 billion as of December 31, 2025), with up to 20% in stocks outside that range and up to 25% in foreign securities. Because performance depends on each subadviser's security selections and their differing investment criteria, results will diverge from any single benchmark.

Expenses
0.66% 1.36%across 8 share classes
Share classGrossNet
MEFAX1.18%1.16%
MMELX0.98%0.96%
MEFNX1.38%1.36%
MGRFX0.78%0.76%
MEFYX0.88%0.86%
MEFZX0.68%0.66%
MEFFX1.13%1.11%
MMNGX0.78%0.76%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 38.00% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.46%
of net assets
Stocks98.44%
Cash & short-term2.02%

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Information Technology27.6%
Industrials19.9%
Health Care16.6%
Consumer Discretionary10.7%
10 smaller25.2%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
30%of stock holdings in top-quartile growers
covering 87% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 34 new28 exited

Largest new: LITE, HOOD, Fabrinet, NRG, Ascendis Pharma A/S, WWD, SNX, SITM

Largest exited: ROST, MRVL, Ascendis Pharma A/S, BALL, EHC, MKL, MKC, EFX

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+16.18%+21.25%+14.03%12.03%-13.73%
+16.37%+21.96%+15.31%12.02%-13.64%
+15.93%+20.50%+13.03%12.16%-13.71%
+16.60%+22.72%+16.45%12.09%-13.56%
+16.51%+22.38%+15.91%12.04%-13.63%
+16.82%+23.17%+17.14%12.11%-13.55%
+16.16%+21.52%+14.51%12.11%-13.62%
+16.61%+22.75%12.09%-13.60%

These classes hold the same portfolio, so the 2.67pp spread over 3 years is the cost difference between them — roughly 0.89pp a year — not a difference in what they own.

Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Datadog IncDDOG2.07%$51.74M
Agilent Technologies IncA1.96%$49.08M
Teradyne IncTER1.83%$45.90M
Mettler-Toledo International IncMTD1.76%$44.02M
Snowflake IncSNOW1.64%$41.12M
Fixed Income Clearing Corp.1.62%$40.57M
Burlington Stores IncBURL1.60%$40.04M
Lattice Semiconductor CorpLSCC1.58%$39.60M
Keysight Technologies IncKEYS1.57%$39.37M
XPO IncXPO1.52%$38.13M
Showing 10 of 187Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.

Top 10 positions are 17.15% of net assets, top 25 34.71%, across 187 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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