MMLRX Fees and Costs — MassMutual Select T. Rowe Price Large Cap Blend Fund, Class I
Data updated: 2025-08-25
The net expense ratio is 0.00% (0.03% before fee waivers). There are no sales loads or redemption fees. In fiscal 2024 the fund paid $494K in broker commissions, 0.0200% of average net assets, and portfolio turnover was 70%.
MMLRX Fees and Expenses
Annual operating expenses and sales charges of MMLRX. Prospectus, as of January 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.03% |
| Gross expense ratio | 0.03% |
| Fee waiver | −0.03% |
| 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 |
MMLRX Costs Over Time
On $10,000 invested in MMLRX, assuming 5% a year before costs, total costs come to $13 over 5 years, cutting the return by 0.02% 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) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $0 | $1 |
| Total costs | $2 | $7 | $13 |
| Value after costs | $10,498 | $11,569 | $12,750 |
| Impact on return, per year | 0.02% | 0.02% | 0.02% |
MMLRX 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): 0.0200%
- Total broker commissions: $494K
- Bought from dealers (principal trades, not a cost): $1.6B
- Portfolio turnover (prospectus): 70%
- Securities on loan, average value: $9.4M
- Net income from securities lending: $80K (0.003% of average net assets)
MMLRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JPMorgan Chase & Co. | $92K | 26.54% |
| Morgan Stanley & Co. LLC | $47K | 13.50% |
| Goldman Sachs & Co. | $45K | 12.93% |
| Bank of America Merrill Lynch | $42K | 12.05% |
| Citigroup Inc. | $27K | 7.76% |
| Royal Bank of Canada | $20K | 5.85% |
| Bank of Montreal | $20K | 5.69% |
| Jefferies LLC | $19K | 5.50% |
| UBS Group AG | $18K | 5.09% |
| Evercore Group L.L.C. | $18K | 5.09% |
MMLRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| T. Rowe Price Investment Services, Inc. | $1.3B | 80.61% |
| State Street Bank and Trust Company | $299.7M | 18.96% |
| Barclays Bank | $2.2M | 0.14% |
| Morgan Stanley & Co. LLC | $2.1M | 0.13% |
| Goldman Sachs & Co. | $1.9M | 0.12% |
| Bank of America Merrill Lynch | $532K | 0.03% |
| Bank of Montreal | $49K | 0.00% |
| JPMorgan Chase & Co. | $17K | 0.00% |
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.