MPGLX Fees and Costs — MassMutual Disciplined Growth Fund, Administrative Class
Data updated: 2025-08-25
The net expense ratio is 0.89%: a 0.45% management fee plus 0.44% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $17K in broker commissions, 0.0093% of average net assets, and portfolio turnover was 69%.
MPGLX Fees and Expenses
Annual operating expenses and sales charges of MPGLX. Prospectus, as of January 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.44% |
| Gross expense ratio | 0.89% |
| Fee waiver | — |
| Net expense ratio | 0.89% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
MPGLX Costs Over Time
On $10,000 invested in MPGLX, assuming 5% a year before costs, total costs come to $564 over 5 years, cutting the return by 0.94% 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 0.89%) | $93 | $292 | $507 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $15 | $52 |
| Total costs | $94 | $310 | $564 |
| Value after costs | $10,406 | $11,267 | $12,199 |
| Impact on return, per year | 0.94% | 0.94% | 0.94% |
MPGLX 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): 0.0093%
- Total broker commissions: $17K
- Bought from dealers (principal trades, not a cost): $312.3M
- Portfolio turnover (prospectus): 69%
- Securities on loan, average value: $263K
- Net income from securities lending: $5K (0.003% of average net assets)
MPGLX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Group AG | $5K | 30.44% |
| Goldman Sachs & Co. | $3K | 20.31% |
| Morgan Stanley & Co. LLC | $3K | 19.18% |
| Bernstein Institutional Services LLC | $2K | 13.24% |
| Bank of America Merrill Lynch | $773 | 4.75% |
| Penserra Securities LLC | $602 | 3.70% |
| Loop Capital Markets LLC | $501 | 3.08% |
| Virtu Americas LLC | $364 | 2.24% |
| JPMorgan Chase & Co. | $318 | 1.96% |
| Cabrera Capital Markets, LLC | $179 | 1.10% |
MPGLX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $300.9M | 96.35% |
| UBS Group AG | $2.8M | 0.90% |
| Goldman Sachs & Co. | $1.9M | 0.60% |
| Barclays Bank | $1.8M | 0.58% |
| Bank of America Merrill Lynch | $1.8M | 0.57% |
| Morgan Stanley & Co. LLC | $1.2M | 0.38% |
| Royal Bank of Canada | $786K | 0.25% |
| Bernstein Institutional Services LLC | $638K | 0.20% |
| JPMorgan Chase & Co. | $509K | 0.16% |
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.