MassMutual U.S. Government Money Market Fund
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.6%
1 yr return
4.5%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$145 M
Holdings in Top 10
70.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.61%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Money Market Fund
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MKSXX - Profile
Distributions
- YTD Total Return 1.6%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.00%
- Dividend Yield 4.4%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameMassMutual U.S. Government Money Market Fund
-
Fund Family NameMASSMUTUAL FUNDS
-
Inception DateJun 26, 2019
-
Shares OutstandingN/A
-
Share ClassR5
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerScott Simler
Fund Description
MKSXX - Performance
Return Ranking - Trailing
Period | MKSXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.6% | 0.0% | 2.2% | 72.25% |
1 Yr | 4.5% | 0.5% | 5.7% | 70.75% |
3 Yr | N/A* | 0.7% | 2.8% | 60.55% |
5 Yr | N/A* | 0.7% | 110.0% | 77.39% |
10 Yr | N/A* | 0.3% | 32.1% | 75.49% |
* Annualized
Return Ranking - Calendar
Period | MKSXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.0% | -0.1% | 5.0% | 74.00% |
2022 | 0.0% | 0.0% | 1.2% | 76.02% |
2021 | N/A | 0.0% | 0.0% | 76.78% |
2020 | N/A | 0.0% | 0.4% | 77.46% |
2019 | N/A | 0.0% | 2.0% | 76.85% |
Total Return Ranking - Trailing
Period | MKSXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.6% | 0.0% | 2.2% | 72.25% |
1 Yr | 4.5% | 0.5% | 5.7% | 70.75% |
3 Yr | N/A* | 0.7% | 2.8% | 60.55% |
5 Yr | N/A* | 0.7% | 110.0% | 76.80% |
10 Yr | N/A* | 0.3% | 32.1% | 75.49% |
* Annualized
Total Return Ranking - Calendar
Period | MKSXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.9% | 0.8% | 5.9% | 64.25% |
2022 | 1.2% | 0.0% | 1.8% | 55.87% |
2021 | N/A | 0.0% | 1.9% | 76.78% |
2020 | N/A | 0.0% | 3.0% | 77.46% |
2019 | N/A | 0.0% | 3797.9% | 76.57% |
NAV & Total Return History
MKSXX - Holdings
Concentration Analysis
MKSXX | Category Low | Category High | MKSXX % Rank | |
---|---|---|---|---|
Net Assets | 145 M | 818 K | 211 B | 73.00% |
Number of Holdings | 25 | 1 | 346 | 76.94% |
Net Assets in Top 10 | 152 M | 147 K | 163 B | 98.50% |
Weighting of Top 10 | 70.53% | 22.7% | 100.0% | 42.01% |
Top 10 Holdings
- 2022-01-03 0.04% Repo - 03jan22 17.22%
- 2022-01-03 0.04% Repo - 03jan22 17.22%
- 2022-01-03 0.04% Repo - 03jan22 17.22%
- 2022-01-03 0.04% Repo - 03jan22 17.22%
- 2022-01-03 0.04% Repo - 03jan22 17.22%
- 2022-01-03 0.04% Repo - 03jan22 17.22%
- 2022-01-03 0.04% Repo - 03jan22 17.22%
- 2022-01-03 0.04% Repo - 03jan22 17.22%
- 2022-01-03 0.04% Repo - 03jan22 17.22%
- 2022-01-03 0.04% Repo - 03jan22 17.22%
Asset Allocation
Weighting | Return Low | Return High | MKSXX % Rank | |
---|---|---|---|---|
Cash | 61.08% | 25.56% | 100.00% | 96.75% |
Bonds | 38.92% | 0.00% | 74.44% | 2.50% |
Stocks | 0.00% | 0.00% | 0.00% | 79.00% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 79.00% |
Other | 0.00% | -1.67% | 0.04% | 77.75% |
Convertible Bonds | 0.00% | 0.00% | 21.22% | 80.00% |
Bond Sector Breakdown
Weighting | Return Low | Return High | MKSXX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 61.84% | 0.00% | 100.00% | 93.75% |
Government | 38.16% | 0.00% | 44.01% | 1.75% |
Derivative | 0.00% | 0.00% | 0.00% | 79.00% |
Securitized | 0.00% | 0.00% | 1.75% | 79.25% |
Corporate | 0.00% | 0.00% | 100.00% | 83.00% |
Municipal | 0.00% | 0.00% | 22.71% | 80.25% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MKSXX % Rank | |
---|---|---|---|---|
US | 38.92% | 0.00% | 72.86% | 2.50% |
Non US | 0.00% | 0.00% | 3.41% | 79.50% |
MKSXX - Expenses
Operational Fees
MKSXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.61% | 0.07% | 4.53% | 21.25% |
Management Fee | 0.35% | 0.03% | 0.50% | 95.75% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.10% | 0.01% | 0.55% | 64.09% |
Sales Fees
MKSXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 5.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
MKSXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 5.00% | 5.00% | 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.
MKSXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 485.00% | N/A |
MKSXX - Distributions
Dividend Yield Analysis
MKSXX | Category Low | Category High | MKSXX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.44% | 0.00% | 5.31% | 78.50% |
Dividend Distribution Analysis
MKSXX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
MKSXX | Category Low | Category High | MKSXX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.00% | -1.09% | 1.67% | 94.10% |
Capital Gain Distribution Analysis
MKSXX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 30, 2024 | $0.004 | OrdinaryDividend |
Mar 28, 2024 | $0.004 | OrdinaryDividend |
Feb 29, 2024 | $0.004 | OrdinaryDividend |
Jan 31, 2024 | $0.004 | OrdinaryDividend |
Dec 29, 2023 | $0.004 | OrdinaryDividend |
Nov 30, 2023 | $0.004 | OrdinaryDividend |
Oct 31, 2023 | $0.004 | OrdinaryDividend |
Sep 29, 2023 | $0.004 | OrdinaryDividend |
Aug 31, 2023 | $0.004 | OrdinaryDividend |
Jul 31, 2023 | $0.004 | OrdinaryDividend |
Jun 30, 2023 | $0.004 | OrdinaryDividend |
May 31, 2023 | $0.004 | OrdinaryDividend |
Apr 28, 2023 | $0.003 | OrdinaryDividend |
Mar 31, 2023 | $0.004 | OrdinaryDividend |
Feb 28, 2023 | $0.003 | OrdinaryDividend |
Feb 01, 2023 | $0.003 | OrdinaryDividend |
Dec 30, 2022 | $0.003 | OrdinaryDividend |
Nov 30, 2022 | $0.003 | OrdinaryDividend |
Oct 31, 2022 | $0.002 | OrdinaryDividend |
Sep 30, 2022 | $0.002 | OrdinaryDividend |
Aug 31, 2022 | $0.002 | OrdinaryDividend |
Jul 29, 2022 | $0.001 | OrdinaryDividend |
Jun 30, 2022 | $0.000 | OrdinaryDividend |
May 31, 2022 | $0.000 | OrdinaryDividend |
Dec 17, 2018 | $0.000 | OrdinaryDividend |
Dec 18, 2014 | $0.000 | OrdinaryDividend |
Dec 20, 2012 | $0.000 | OrdinaryDividend |
MKSXX - Fund Manager Analysis
Managers
Scott Simler
Start Date
Tenure
Tenure Rank
Jul 31, 2009
12.84
12.8%
Scott Simler is a Director and portfolio manager for Barings’ Investment Grade Fixed Income Group. Mr. Simler has more than 30 years of industry experience. Prior to joining Barings in 2005, Mr. Simler was employed at Citigroup Investments, CIGNA Investments, and Phoenix Equity Planning Corp.
Adam Cash
Start Date
Tenure
Tenure Rank
May 01, 2022
0.08
0.1%
Adam Cash is an Associate Director and portfolio manager for Barings’ Global Public Fixed Income Trading and Trading Solutions Group. Mr. Cash shares primary responsibility for the day-to-day management of the MML U.S. Government Money Market Fund. Mr. Cash has worked in the industry since 2008. Prior to joining Barings in 2019, he worked as an associate at Deutsche Bank and Nomura, and as a trader at Fannie Mae.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 46.68 | 14.98 | 19.01 |