MMYLX Fees and Costs — MassMutual Small Company Value Fund, Administrative Class
Data updated: 2025-08-25
The net expense ratio is 1.16%: a 0.85% management fee plus 0.51% other expenses, less a 0.20% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $137K in broker commissions, 0.0909% of average net assets, and portfolio turnover was 57%.
MMYLX Fees and Expenses
Annual operating expenses and sales charges of MMYLX. Prospectus, as of January 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.51% |
| Gross expense ratio | 1.36% |
| Fee waiver | −0.20% |
| Net expense ratio | 1.16% |
| 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 |
MMYLX Costs Over Time
On $10,000 invested in MMYLX, assuming 5% a year before costs, total costs come to $779 over 5 years, cutting the return by 1.31% 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 1.16%) | $122 | $379 | $656 |
| Trading costs (broker commissions) | $10 | $30 | $51 |
| Lost growth on money paid in costs | $0 | $20 | $72 |
| Total costs | $131 | $429 | $779 |
| Value after costs | $10,369 | $11,147 | $11,984 |
| Impact on return, per year | 1.31% | 1.31% | 1.31% |
MMYLX 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): 0.0909%
- Total broker commissions: $137K
- Bought from dealers (principal trades, not a cost): $255.7M
- Portfolio turnover (prospectus): 57%
- Securities on loan, average value: $2.1M
- Net income from securities lending: $14K (0.009% of average net assets)
MMYLX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $36K | 30.75% |
| Bank of America Merrill Lynch | $19K | 16.52% |
| Barclays Bank | $16K | 13.40% |
| JPMorgan Chase & Co. | $12K | 10.30% |
| Capital Guardian, LLC | $7K | 5.68% |
| Wells Fargo Securities, LLC | $6K | 5.29% |
| UBS Group AG | $6K | 4.91% |
| National Financial Services LLC | $6K | 4.88% |
| Bank of Montreal | $5K | 4.49% |
| Goldman Sachs & Co. | $4K | 3.78% |
MMYLX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $254.3M | 99.46% |
| Morgan Stanley & Co. LLC | $376K | 0.15% |
| Robert W. Baird & Co. Inc. | $358K | 0.14% |
| Stifel, Nicolaus & Company, Inc. | $290K | 0.11% |
| Royal Bank of Canada | $116K | 0.05% |
| Raymond James & Associates, Inc. | $109K | 0.04% |
| Citigroup Inc. | $70K | 0.03% |
| Barclays Bank | $49K | 0.02% |
| Goldman Sachs & Co. | $21K | 0.01% |
| JPMorgan Chase & Co. | $1K | 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.