MMELX Fees and Costs — MassMutual Mid Cap Growth Fund, Administrative Class
Data updated: 2026-08-27
The net expense ratio is 0.96%: a 0.64% management fee plus 0.34% other expenses, less a 0.02% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $1.1M in broker commissions, 0.0258% of average net assets, and portfolio turnover was 38%.
MMELX Fees and Expenses
Annual operating expenses and sales charges of MMELX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.64% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.34% |
| Gross expense ratio | 0.98% |
| Fee waiver | −0.02% |
| Net expense ratio | 0.96% |
| 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 |
MMELX Costs Over Time
On $10,000 invested in MMELX, assuming 5% a year before costs, total costs come to $617 over 5 years, cutting the return by 1.04% 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 0.96%) | $101 | $315 | $546 |
| Trading costs (broker commissions) | $3 | $8 | $15 |
| Lost growth on money paid in costs | $0 | $16 | $57 |
| Total costs | $104 | $339 | $617 |
| Value after costs | $10,396 | $11,237 | $12,146 |
| Impact on return, per year | 1.04% | 1.04% | 1.04% |
MMELX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0258%
- Total broker commissions: $1.1M
- Bought from dealers (principal trades, not a cost): $27.5B
- Portfolio turnover (prospectus): 38%
- Securities on loan, average value: $180.5M
- Net income from securities lending: $305K (0.007% of average net assets)
MMELX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Capital Institutional Services, Inc. | $221K | 26.97% |
| Liquidnet, Inc. | $129K | 15.79% |
| J.P. Morgan Securities LLC | $97K | 11.85% |
| Goldman Sachs & Co. LLC | $92K | 11.21% |
| Citigroup Global Markets Inc. | $66K | 8.10% |
| Morgan Stanley & Co. LLC | $64K | 7.85% |
| BofA Securities, Inc. | $41K | 5.04% |
| TD Securities (USA) LLC | $38K | 4.60% |
| Jefferies LLC | $35K | 4.31% |
| Wells Fargo Securities, LLC | $35K | 4.28% |
MMELX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $27.2B | 99.19% |
| Morgan Stanley & Co. LLC | $106.5M | 0.39% |
| Goldman Sachs & Co. LLC | $97.4M | 0.35% |
| J.P. Morgan Securities LLC | $16.0M | 0.06% |
| Citigroup Global Markets Inc. | $1.5M | 0.01% |
| BofA Securities, Inc. | $879K | 0.00% |
| T. Rowe Price Investment Services, Inc. | $17 | 0.00% |
MassMutual Mid Cap Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MEFZX | Class I | 0.66% | none |
| MGRFX | Class R5 | 0.76% | none |
| MMNGX | Class Y | 0.76% | none |
| MEFYX | Service Class | 0.86% | none |
| MMELX | Administrative Class | 0.96% | none |
| MEFFX | Class R4 | 1.11% | none |
| MEFAX | Class A | 1.16% | 5.50% |
| MEFNX | Class R3 | 1.36% | none |
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.