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Trending ETFs

MassMutual U.S. Government Money Market Fund

mutual fund
MKSXX
Payout Change
Pending
Price as of:
$1.0 +0.0 +0.0%
primary theme
Taxable Money Market
share class
R5 (MKSXX)
MKSXX (Mutual Fund)

MassMutual U.S. Government Money Market Fund

Payout Change
Pending
Price as of:
$1.0 +0.0 +0.0%
primary theme
Taxable Money Market
share class
R5 (MKSXX)
MKSXX (Mutual Fund)

MassMutual U.S. Government Money Market Fund

Payout Change
Pending
Price as of:
$1.0 +0.0 +0.0%
primary theme
Taxable Money Market
share class
R5 (MKSXX)

Name

As of 12/13/2024

Price

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

MassMutual U.S. Government Money Market Fund

MKSXX | Fund

$1.00

$145 M

3.96%

$0.04

0.61%

Vitals

YTD Return

4.8%

1 yr return

4.8%

3 Yr Avg Return

3.4%

5 Yr Avg Return

N/A

Net Assets

$145 M

Holdings in Top 10

70.5%

52 WEEK LOW AND HIGH

$1.0
N/A
N/A

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 12/13/2024

Price

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

MassMutual U.S. Government Money Market Fund

MKSXX | Fund

$1.00

$145 M

3.96%

$0.04

0.61%

MKSXX - Profile

Distributions

  • YTD Total Return 4.8%
  • 3 Yr Annualized Total Return 3.4%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.00%
DIVIDENDS
  • Dividend Yield 4.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    MassMutual U.S. Government Money Market Fund
  • Fund Family Name
    MASSMUTUAL FUNDS
  • Inception Date
    Jun 26, 2019
  • Shares Outstanding
    N/A
  • Share Class
    R5
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Scott Simler

Fund Description

Principal Investment Strategies
The Fund normally invests at least 99.5% of its total assets in cash, U.S. Government securities, and/or repurchase agreements fully collateralized by cash or U.S. Government securities.
In managing the Fund, the Fund’s subadviser, Barings LLC (“Barings”), intends to comply with Rule 2a-7 under the Investment Company Act of 1940, as amended (the “1940 Act”), which sets forth the requirements for money market funds regarding credit quality, diversification, liquidity, and maturity. The Fund seeks to maintain, but does not guarantee, a stable $1.00 share price.
Under normal circumstances, the Fund invests at least 80% of its net assets in U.S. Government securities and repurchase agreements that are fully collateralized by U.S. Government securities. U.S. Government securities are high-quality securities issued or guaranteed by the U.S. Treasury or by an agency or instrumentality of the U.S. Government. U.S. Government securities may be backed by the full faith and credit of the U.S. Treasury, the right to borrow from the U.S. Treasury, or the agency or instrumentality issuing or guaranteeing the security. Certain issuers of U.S. Government securities, including Fannie Mae, Freddie Mac, and the Federal Home Loan Banks, are sponsored or chartered by Congress but their securities are neither issued nor guaranteed by the U.S. Treasury.
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MKSXX - Performance

Return Ranking - Trailing

Period MKSXX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.8% 0.5% 10.4% 71.53%
1 Yr 4.8% 0.5% 10.4% 75.74%
3 Yr 3.4%* 0.7% 5.4% 68.88%
5 Yr N/A* 0.5% 3.3% 80.70%
10 Yr N/A* 0.4% 32.5% 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% 48.73%
2022 0.0% 0.0% 1.2% 50.13%
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 4.8% 0.5% 10.4% 71.53%
1 Yr 4.8% 0.5% 10.4% 75.74%
3 Yr 3.4%* 0.7% 5.4% 68.88%
5 Yr N/A* 0.5% 3.3% 80.70%
10 Yr N/A* 0.4% 32.5% 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% 64.47%
2022 1.2% 0.0% 1.7% 55.84%
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 71.53%
Number of Holdings 25 1 346 74.19%
Net Assets in Top 10 152 M 147 K 163 B 98.51%
Weighting of Top 10 70.53% 22.7% 100.0% 43.88%

Top 10 Holdings

  1. 2022-01-03 0.04% Repo - 03jan22 17.22%
  2. 2022-01-03 0.04% Repo - 03jan22 17.22%
  3. 2022-01-03 0.04% Repo - 03jan22 17.22%
  4. 2022-01-03 0.04% Repo - 03jan22 17.22%
  5. 2022-01-03 0.04% Repo - 03jan22 17.22%
  6. 2022-01-03 0.04% Repo - 03jan22 17.22%
  7. 2022-01-03 0.04% Repo - 03jan22 17.22%
  8. 2022-01-03 0.04% Repo - 03jan22 17.22%
  9. 2022-01-03 0.04% Repo - 03jan22 17.22%
  10. 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% 96.78%
Bonds 		38.92% 0.00% 74.44% 2.48%
Stocks 		0.00% 0.00% 0.00% 50.00%
Preferred Stocks 		0.00% 0.00% 0.00% 50.00%
Other 		0.00% -1.67% 0.04% 50.00%
Convertible Bonds 		0.00% 0.00% 21.22% 53.71%

Bond Sector Breakdown

Weighting Return Low Return High MKSXX % Rank
Cash & Equivalents 		61.84% 0.00% 100.00% 93.81%
Government 		38.16% 0.00% 44.01% 1.73%
Derivative 		0.00% 0.00% 0.00% 50.00%
Securitized 		0.00% 0.00% 1.75% 50.74%
Corporate 		0.00% 0.00% 100.00% 60.15%
Municipal 		0.00% 0.00% 22.71% 52.48%

Bond Geographic Breakdown

Weighting Return Low Return High MKSXX % Rank
US 		38.92% 0.00% 72.86% 2.48%
Non US 		0.00% 0.00% 3.41% 50.99%

MKSXX - Expenses

Operational Fees

MKSXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.61% 0.07% 2.23% 21.53%
Management Fee 0.35% 0.03% 0.50% 93.07%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.10% 0.01% 0.55% 56.02%

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% 4.00% 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 3.96% 0.00% 5.42% 67.33%

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% 88.61%

Capital Gain Distribution Analysis

MKSXX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

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 15.23 19.01

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