MMJCX Fees and Costs — MassMutual Clinton Municipal Credit Opportunities Fund, Class Y
Data updated: 2026-08-27
The net expense ratio is 0.64%: a 0.48% management fee plus 0.59% other expenses, less a 0.43% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 26%.
MMJCX Fees and Expenses
Annual operating expenses and sales charges of MMJCX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.48% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.59% |
| Gross expense ratio | 1.07% |
| Fee waiver | −0.43% |
| Net expense ratio | 0.64% |
| 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 |
MMJCX Costs Over Time
On $10,000 invested in MMJCX, assuming 5% a year before costs, total costs come to $403 over 5 years, cutting the return by 0.67% 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 0.64%) | $67 | $210 | $366 |
| Lost growth on money paid in costs | $0 | $10 | $37 |
| Total costs | $67 | $221 | $403 |
| Value after costs | $10,433 | $11,355 | $12,360 |
| Impact on return, per year | 0.67% | 0.67% | 0.67% |
MMJCX 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $96.0M
- Portfolio turnover (prospectus): 26%
- Securities lending: none during the year
MMJCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $69.7M | 72.59% |
| J.P. Morgan Securities LLC | $8.6M | 8.92% |
| Goldman Sachs & Co. LLC | $6.3M | 6.59% |
| BofA Securities, Inc. | $4.8M | 5.02% |
| Wells Fargo Securities, LLC | $4.6M | 4.76% |
| BNY Capital Markets, LLC | $1.1M | 1.10% |
| Morgan Stanley & Co. LLC | $980K | 1.02% |
MassMutual Clinton Municipal Credit Opportunities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MMJBX | Class I | 0.54% | none |
| MMJCX | Class Y | 0.64% | none |
| MMJAX | Class A | 0.89% | 2.50% |
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.