MMGEX Fees and Costs — MassMutual Small Cap Growth Equity Fund, Class A
Data updated: 2026-08-27
The net expense ratio is 1.35%: a 0.80% management fee, a 0.25% 12b-1 fee plus 0.33% other expenses, less a 0.03% fee waiver. This share class carries a maximum front-end sales load of 5.50% and a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $458K in broker commissions, 0.0722% of average net assets, and portfolio turnover was 76%.
MMGEX Fees and Expenses
Annual operating expenses and sales charges of MMGEX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.33% |
| Gross expense ratio | 1.38% |
| Fee waiver | −0.03% |
| Net expense ratio | 1.35% |
| Sales charges | |
|---|---|
| Max front load | 5.50% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
MMGEX Costs Over Time
On $10,000 invested in MMGEX, assuming 5% a year before costs, total costs come to $1,536 over 5 years, cutting the return by 2.66% 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 |
| Sales charges | $648 | $550 | $550 |
| Fund expenses (net expense ratio 1.35%) | $134 | $416 | $718 |
| Trading costs (broker commissions) | $7 | $22 | $38 |
| Lost growth on money paid in costs | $28 | $108 | $229 |
| Total costs | $816 | $1,097 | $1,536 |
| Value after costs | $9,684 | $10,479 | $11,227 |
| Impact on return, per year | 8.16% | 3.43% | 2.66% |
MMGEX 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): 0.0722%
- Total broker commissions: $458K
- Bought from dealers (principal trades, not a cost): $2.4B
- Portfolio turnover (prospectus): 76%
- Securities on loan, average value: $79.2M
- Net income from securities lending: $118K (0.019% of average net assets)
MMGEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $67K | 21.67% |
| Morgan Stanley & Co. LLC | $51K | 16.64% |
| Goldman Sachs & Co. LLC | $42K | 13.56% |
| UBS Securities LLC | $28K | 8.96% |
| RBC Capital Markets, LLC | $24K | 7.93% |
| Citigroup Global Markets Inc. | $24K | 7.63% |
| J.P. Morgan Securities LLC | $23K | 7.36% |
| TD Securities (USA) LLC | $18K | 5.69% |
| BTIG, LLC | $17K | 5.54% |
| Oppenheimer & Co. Inc. | $15K | 5.02% |
MMGEX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $2.4B | 98.88% |
| J.P. Morgan Securities LLC | $8.6M | 0.35% |
| Morgan Stanley & Co. LLC | $7.2M | 0.30% |
| Goldman Sachs & Co. LLC | $3.8M | 0.16% |
| BofA Securities, Inc. | $3.1M | 0.13% |
| Citigroup Global Markets Inc. | $1.3M | 0.05% |
| RBC Capital Markets, LLC | $1.2M | 0.05% |
| Raymond James & Associates, Inc. | $922K | 0.04% |
| B. Riley & Co., LLC | $780K | 0.03% |
| Stephens Inc. | $551K | 0.02% |
MassMutual Small Cap Growth Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MSGZX | Class I | 0.85% | none |
| MMNJX | Class Y | 0.95% | none |
| MSGSX | Class R5 | 0.95% | none |
| MSCYX | Service Class | 1.05% | none |
| MSGLX | Administrative Class | 1.15% | none |
| MSERX | Class R4 | 1.30% | none |
| MMGEX | Class A | 1.35% | 5.50% |
| MSGNX | Class R3 | 1.55% | 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.