MMBUX Fees and Costs — MassMutual Select T. Rowe Price Small and Mid Cap Blend Fund, Class I
Data updated: 2025-08-25
The net expense ratio is 0.00% (0.06% before fee waivers). There are no sales loads or redemption fees. In fiscal 2024 the fund paid $312K in broker commissions, 0.0424% of average net assets, and portfolio turnover was 42%.
MMBUX Fees and Expenses
Annual operating expenses and sales charges of MMBUX. Prospectus, as of January 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.06% |
| Gross expense ratio | 0.06% |
| Fee waiver | −0.06% |
| Net expense ratio | 0.00% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
MMBUX Costs Over Time
On $10,000 invested in MMBUX, assuming 5% a year before costs, total costs come to $27 over 5 years, cutting the return by 0.04% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.00%) | $0 | $0 | $0 |
| Trading costs (broker commissions) | $4 | $14 | $25 |
| Lost growth on money paid in costs | $0 | $1 | $2 |
| Total costs | $4 | $15 | $27 |
| Value after costs | $10,496 | $11,562 | $12,736 |
| Impact on return, per year | 0.04% | 0.04% | 0.04% |
MMBUX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0424%
- Total broker commissions: $312K
- Bought from dealers (principal trades, not a cost): $611.4M
- Portfolio turnover (prospectus): 42%
- Securities on loan, average value: $11.0M
- Net income from securities lending: $76K (0.010% of average net assets)
MMBUX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JPMorgan Chase & Co. | $84K | 38.23% |
| Goldman Sachs & Co. | $23K | 10.40% |
| Morgan Stanley & Co. LLC | $21K | 9.80% |
| Royal Bank of Canada | $15K | 6.99% |
| Cowen and Company, LLC | $15K | 6.69% |
| Jefferies LLC | $14K | 6.63% |
| Citigroup Inc. | $12K | 5.66% |
| Bank of America Merrill Lynch | $12K | 5.62% |
| Barclays Bank | $12K | 5.52% |
| Virtu Americas LLC | $10K | 4.45% |
MMBUX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $302.7M | 49.59% |
| T. Rowe Price Investment Services, Inc. | $290.1M | 47.52% |
| JPMorgan Chase & Co. | $7.3M | 1.20% |
| Morgan Stanley & Co. LLC | $3.3M | 0.54% |
| Goldman Sachs & Co. | $3.2M | 0.52% |
| Bank of America Merrill Lynch | $1.9M | 0.32% |
| Barclays Bank | $635K | 0.10% |
| UBS Group AG | $548K | 0.09% |
| Citigroup Inc. | $372K | 0.06% |
| Pershing LLC | $348K | 0.06% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.