MOSAX Fees and Costs — MassMutual Overseas Fund, Class A
Data updated: 2026-08-27
The net expense ratio is 1.29%: a 0.80% management fee, a 0.25% 12b-1 fee plus 0.37% other expenses, less a 0.13% 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 $152K in broker commissions, 0.0378% of average net assets, and portfolio turnover was 25%.
MOSAX Fees and Expenses
Annual operating expenses and sales charges of MOSAX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.37% |
| Gross expense ratio | 1.42% |
| Fee waiver | −0.13% |
| Net expense ratio | 1.29% |
| Sales charges | |
|---|---|
| Max front load | 5.50% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
MOSAX Costs Over Time
On $10,000 invested in MOSAX, assuming 5% a year before costs, total costs come to $1,482 over 5 years, cutting the return by 2.56% 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 1.29%) | $128 | $398 | $688 |
| Trading costs (broker commissions) | $4 | $12 | $20 |
| Lost growth on money paid in costs | $27 | $107 | $224 |
| Total costs | $807 | $1,067 | $1,482 |
| Value after costs | $9,693 | $10,510 | $11,281 |
| Impact on return, per year | 8.07% | 3.33% | 2.56% |
MOSAX 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): 0.0378%
- Total broker commissions: $152K
- Bought from dealers (principal trades, not a cost): $1.2B
- Portfolio turnover (prospectus): 25%
- Securities on loan, average value: $8.5M
- Net income from securities lending: $43K (0.011% of average net assets)
MOSAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $21K | 17.03% |
| Morgan Stanley & Co. LLC | $18K | 15.29% |
| J.P. Morgan Securities LLC | $16K | 13.33% |
| BofA Securities, Inc. | $16K | 13.30% |
| Citigroup Global Markets Inc. | $10K | 8.48% |
| Goldman Sachs & Co. LLC | $10K | 7.99% |
| BNP Paribas Securities Corp. | $10K | 7.94% |
| Barclays Capital Inc. | $9K | 7.43% |
| RBC Capital Markets, LLC | $6K | 4.77% |
| Liquidnet, Inc. | $5K | 4.44% |
MOSAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $1.2B | 100.00% |
| Berenberg Capital Markets LLC | $23 | 0.00% |
MassMutual Overseas Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MOSZX | Class I | 0.79% | none |
| MMOJX | Class Y | 0.89% | none |
| MOSSX | Class R5 | 0.89% | none |
| MOSYX | Service Class | 0.99% | none |
| MOSLX | Administrative Class | 1.09% | none |
| MOSFX | Class R4 | 1.24% | none |
| MOSAX | Class A | 1.29% | 5.50% |
| MOSNX | Class R3 | 1.49% | 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.